CMC Meets with Sen. Roberts’ Staff

Earlier this week, CMC met with Sen. Pat Roberts’ staff (R – Kansas) for a wide-ranging discussion. Sen. Roberts in the Ranking Member of the Senate Ag Committee and hence a very influential person in CMC’s world. Sen. Roberts is focusing his efforts on the Farm Bill, although it is unclear at this time whether this congress will actually pass a Farm Bill. He expects the commodities title to be a contentious one, and he will work to retain crop insurance. He is supporting of a narrow swap dealer definition – he does not want see a grain elevator treated the same as a hedge fund. On the MF Global issue, he is not optimistic that customers will get all their monies back.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: