Frank Lucas: “I believe it is clear that the SEC should not move forward until a proper impact analysis can be conducted.”

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

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

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

I have no further requests, and I simply note this is a good bill. Let's vote for it. I yield back the balance of my time. The SPEAKER pro tempore (Mr. Weber of Texas). The question is on the motion offered by the gentleman from Oklahoma…