WASHINGTON — House Agriculture Committee Chairman K. Michael Conaway issued the following statement upon Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad’s announcement of resignation.
“I want to thank Tim Massad for his work at the helm of the CFTC. During his confirmation process, he committed to listening to the needs of farmers and other traditional hedgers, and I am happy to have watched him follow through on that pledge. Both as Chairman and as sponsor of the Agricultural Advisory Committee, Tim has given agricultural producers and processors a seat at the table and offered them meaningful input in the rulemaking processes.
“On a personal level, I have enjoyed the opportunity to work with the Chairman. He has always been true to his word and an honest broker with me, even when we have disagreed. I wish Tim and his family the very best.”
–House Committee on Agriculture
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