July 27, 2018

CFTC Chairman Giancarlo Supports American Crop Insurance

Washington, DC – The Commodity Futures Trading Commission’s (CFTC) Office of Public Affairs (OPA) issued the following statement today:

“In this week’s House Agriculture Committee hearing, in response to a question, Chairman Giancarlo recounted conversations he’s had with young American farmers,” said OPA Director Erica Elliott Richardson. “The Chairman said that he believes healthy markets are markets with a lot of diversity. Chairman Giancarlo has always been a vocal supporter of crop insurance as part of a healthy risk management toolbox, and these tools are part of the reason why American agriculture is the breadbasket to the nation and the world.”