Randy Neugebauer: “I believe the task ahead for this committee... is, number one, stop the bleeding.”

Inappropriately applying position limits to such funds could significantly reduce investor access to commodity markets, shrink market liquidity, impede price discovery, and destabilize the market.

What we do know is that there is kind of a trend here, that government doesn't do a good job at pricing risk.

We simply can't afford to have these agencies miss opportunities to implement low-cost mitigation measures.

We can no longer settle for the status quo of a flood insurance program that crowds out the private sector in order to subsidize insurance premiums for a few Americans at the expense of the rest of the country.