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Peterson Statement at Business Meeting to Consider H.R. 1317

| Posted in Press Releases

The bill and proposed amendments before us will provide legal certainty to end users using the swaps market to hedge legitimate business risks. As we all know, end users had nothing to do with the financial crisis and should not be regulated as such.

Peterson Statement at Hearing to Review U.S. International Food Aid Programs

| Posted in Press Releases

We are focusing on stakeholder perspectives today and I think the groups before us should all be commended for the work that they do around the globe. The partnerships with private organizations, millers and shippers have allowed the United States to deliver more than $80 billion in international food aid since World War II.

Peterson Leads Call for Continued Avian Flu Assistance

| Posted in Press Releases

The letter urged continued assistance in three areas – complete biosecurity research in a timely manner to ensure industry can take immediate steps before fall, complete bilateral trade talks with international partners to ensure vaccine usage will not harm export sales, and complete research and development of a viable commercial vaccine.

Peterson Statement at Hearing on Avian Influenza

| Posted in Press Releases

I think USDA and my state of Minnesota have done good work. And they continue to do a good job addressing the situation. It hasn’t been perfect but perfection is hard to come by in times of crisis. Now is the time to go over lessons learned that will help us develop a better plan if we have a future outbreak.

Peterson Statement at Hearing on Dodd-Frank Anniversary

| Posted in Press Releases

I look forward to hearing our witnesses’ views on the areas that need more work, particularly what they feel would be the most appropriate role for Congress to support Chairman Massad in his efforts to coordinate the CFTC’s rules with those of foreign regulators.

Peterson: Labeling Bill a Workable Solution

| Posted in Press Releases

Importantly, the bill changes the current review process to ensure that every new genetically engineered plant destined to enter the market goes through an FDA safety review. The bill also sets a national, uniform standard to define genetically engineered products. Food producers and processors choosing to market their products as non-GE will be able to do so with a USDA-backed label.

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