Frank Lucas: “Are the Fed and the SEC coordinating with Treasury on the economic analysis necessary to understand potential…”

Thank you, Mr. Chairman, and thank you, Ranking Member, for holding this hearing, and the witnesses for agreeing to testify.

The time to make updates to the farm safety net is now.

The CFTC's enforcement authority has been a closely watched issue during the past several years.

Before I yield to the gentlewoman from Iowa, I will simply note that like all legislative processes with the signature of the President on this piece of legislation, it will supersede the appropriated law. It will be straightforward. Mr…