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U.S. House Ag Committee action
Story Date: 4/2/2012
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Source: U.S. HOUSE COMMITTEE ON AGRICULTURE, 3/30/12
Monday, March 26, 2012
The House passed two Dodd-Frank bills:
H.R. 2779 passed by a vote of 357 to 36. This bill clarifies that inter-affiliate transactions within a single corporate group are not to be regulated as swaps. Read our fact sheet to learn more.
H.R. 2682 passed by a vote of 370 to 24. The Business Risk Mitigation and Price Stabilization Act ensures that end-users of derivatives will be exempt from margin requirements under the Dodd-Frank Act, as Congress always intended. Read our fact sheet to learn more.
Thursday, March 29, 2012
The House passed Rep. Paul Ryan's FY2013 budget resolution in a vote of 228-191. The day before the House overwhelmingly rejected President Obama's proposal, which called for more spending and higher taxes, in a 414-0 vote. Meanwhile, the Democratic-led Senate hasn't passed a budget in more than 1,000 days.
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