DSG Update: Senate Ag Committee Votes on CFTC Commissioner Nominations

Thursday, 29 SEP:  Today, the Senate Ag Committee met off of the Senate floor to vote on the nominations of Christopher Brummer and Brian Quintenz to become CFTC Commissioners.  Both nominees were reported favorably by the Committee (unanimous voice vote) and will be placed on the Senate Executive Calendar for consideration by the full Senate, the timing of which is still unclear.

Background:  The vote follows the September 15 Senate Ag Committee hearing on these nominees (for your convenience, the Delta Strategy Group summary of the hearing is provided below).  The two were nominated in March, 2016 to fill the two vacant Commissioner positions at the CFTC. Brummer is currently a Georgetown law professor who was nominated to fill the Democratic seat, which remains vacant since the departure of Mark Wetjen.  Quintenz is currently a hedge fund manager who was nominated to fill the Republican seat previously held by Scott O’Malia.

Note:  The nominees must be confirmed by the full Senate prior to being officially in office.  The Senate plans to adjourn mid-day tomorrow until after the elections.  There is a limited chance the full Senate confirms the nominees by unanimous consent prior to adjournment, otherwise the only remaining possibility for confirmation this Congress will be in the “lame duck” session beginning after the election (currently scheduled to begin on November 14).

Please click on the below link for full report.

DSG Update: Senate Ag Committee Votes on CFTC Commissioner Nominations

More Advocacy Issues

ACSA Comments on FMC NPR on D&D

November 20th, 2019

Click on the attachment to read the comments before the Federal Maritime Commission regarding Interpretive Rule on Demurrage and Detention under the Shipping Act https://acsa-cotton.org/wp-content/uploads/2019/11/ACSA-Comments-on-FMC-NPR-on-D-D.pdf

Read More
 

October 19, 2018 The United States Department of Agriculture’s (USDA) Agricultural Marketing Service (AMS) today announced that cotton warehouse operators located in southern Texas may apply for authorization to store cotton outside in specifically designated areas, effective October 20, 2018 through January 31, 2019.  The warehouse operator must have a Cotton Storage Agreement with the […]

Read More
 

Senate Ag Committee Hearing

September 13th, 2018

Senate Agriculture Committee Hearing Overview  For questions on the note below, please contact Scott Parsons or Daniel Austin at (202) 547-3035. Today, the Senate Ag Committee held a hearing entitled “Perspectives on U.S. Agricultural Trade.” Key Takeaways Ambassador Gregg Doud, Chief Ag Negotiator for the Office of the U.S. Trade Representative (“USTR”), explained that the […]

Read More
 

The COTTON USA Special Trade Mission from Vietnam will be here from July 22-26, 2018. There are currently 15 textile executives participating in the Tour, along with 5 staff members for a total of 20 people. The tour will meet with cotton industry members in the following cities: Monday, July 23rd , Raleigh, NC: Reception […]

Read More
 

Cotton Council International is sponsoring the COTTON USA Executive Delegation to India and Bangladesh.  U.S. exporters and their agents are invited to send, at their own expense, representatives of their firms to the following: Monday, July 9 – COTTON USA Conference Mumbai Wednesday, July 11 – COTTON USA Conference Coimbatore Friday, July 13 – COTTON […]

Read More
 

2018 April 4 –  Attached announcement regarding MOFCOM proposed list to levy retaliatory tariffs on Chinese imports  from the U.S. of agricultural and food products, including COTTON.      2018-0404 China Responds to U S Section 301 Trade Action Announcement_4-4-2018    

Read More