On the recordJune 9, 2015
I thank Chairman Conaway for yielding me this time and thank him for his leadership on this important legislation. I rise today to support H.R. 2289, the Commodity End-User Relief Act, a bill to reauthorize the Commodity Futures Trading Commission. As we have heard today, the CFTC's mission is to foster a transparent, balanced, and functional marketplace. However, uncertainty and delays in the marketplace mean higher prices for families and small businesses across America. As the committee charged with ensuring the oversight of our commodity markets, it is our duty to ensure that those markets are functioning properly. For the last several years, the Agriculture Committee, through the strong leadership of former Chairman Frank Lucas and current Chairman Mike Conaway, has done an excellent job of educating Congress and the American public about the importance of our commodity markets and the need for a strong reauthorization of the CFTC. I was also pleased to work closely with the Subcommittee on Commodity Exchanges, Energy, and Credit's Chairman Austin Scott on this legislation. He and his staff have been leading an open and transparent process that involved all stakeholder groups and took input from across the country.…





