"I want to do this farm bill, and I want to do a good farm bill, and I want to put this puppy to bed for 5 years."
"This is the seventh hearing we have had regarding Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act."
"We have heard that some regulations may impose significant costs that aren't being accounted for by the CFTC."
"We have heard confusion about the order of regulations being proposed and concern about the scope of the regulatory definitions."
"We have heard from businesses that are concerned that some Dodd-Frank regulations will actually inhibit their ability to manage risk."
"So today we will consider seven legislative proposals aimed at fixing some important areas in implementation where the regulators, my friends at CFTC in particular, simply haven't gotten it right."
"They are aimed at ensuring that the regulators don't implement rules that conflict with, or are contrary, to what Congress intended."
"But with unemployment stuck at nine percent, I am not willing to just stand by and keep my fingers crossed, so to speak, that the flaws in the proposed rules will be fixed."
"All of these proposals aim to keep capital in the hands of businesses that we need to lead our economic recovery."
"Ensuring that Congressional intent is followed by the CFTC is critically important to the entire end-user community."
"If legislation is not passed to clarify the statute's intent, end-users risk being caught up in the unintended consequences of the Dodd-Frank implementation."
"End-users rely on derivatives to reduce risk, bring certainty and stability to our business, and ultimately to benefit our customers."