Senate Agriculture Committee

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Congress Gets to Work on Milk Cliff

...But will likely extend unpopular agriculture subsidies in the process

(Newser) - Fiscal cliff negotiations may be going nowhere fast, but the House and Senate agriculture committees are poised to temporarily avert another pressing crisis: the milk cliff . The two committees are drafting a short-term extension of as many as 37 expiring agriculture provisions, including one staving off a 1945 law that... More »

Key Piece of Financial Reform Passes

Derivatives measure even gets one Republican vote

(Newser) - More progress today on the financial reform bill: The Senate Agriculture Committee approved a bill to regulate the derivatives industry, and chairman Blanche Lincoln even got a Republican on board in the form of Chuck Grassley. The measure is seen as one of the more significant components of the overall... More »

Senators Swarmed by Lobbyists Fighting Finance Overhaul

Regulating derivatives could cost the banks billions

(Newser) - Proponents of greater financial regulation are facing fierce opposition from a swarm of lobbyists, lawyers, and bankers who have descended on the Senate committee whose chair, Blanche Lincoln, introduced the bill to overhaul the derivatives market. It's not the finance but the agriculture committee, the New York Times reports, and... More »

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