Frank Lucas: “We appreciate the opportunity to examine your draft legislation that addresses concerns with the derivatives industry…”

I have spent much time screaming about the potential impacts of the Basel capital requirements on the American economy.

You have reiterated how Members of the Board would like to see a revised Basel proposal put out for public comment.

The fact is the inflation is still running above the Fed's 2-percent target.

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