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Testimony of Chairman Rostin Behnam Before the Subcommittee on Financial Services and General Government
Thank you, Chairman Van Hollen, Ranking Member Hagerty, and members of the Subcommittee. I appreciate the opportunity to testify before you today on the President’s fiscal year 2025 budget request for the Commodity Futures Trading Commission (CFTC or Commission). For over a century, derivatives markets have played a key role in the U.S. economy, promoting economic growth and contributing to financial stability and the predictability of prices that impact the daily lives of all Americans. This October, the CFTC will commemorate its 50th anniversary as an independent agency with exclusive jurisdiction over futures ... (full story)