U.S. Senator Blanche Lincoln (D-AR), Chairman of the Senate Committee on Agriculture, Nutrition and Forestry, and Senator Saxby Chambliss (R-GA), Ranking Member of the Senate Committee on Agriculture, Nutrition, and Forestry, released the following statement today regarding the U.S. Senate Banking Committee’s draft language for financial regulatory reform. The Agriculture Committee will hold a hearing on this issue on November 18.
“We commend Chairman Dodd and the Senate Banking Committee staff for putting together this draft legislation and taking an important step towards the much-needed reform of our financial system. The Senate Agriculture Committee will play a significant role in the effort to provide oversight and transparency to our nation’s financial regulatory system and will begin to take action next week with a hearing on this issue. We look forward to working closely with the Banking Committee as the Senate Agriculture Committee considers our portion of this legislation.”
