Video & Transcript : 'Commodity Futures Trading Commission' :

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HI

Hawaii 2025 Regular Session

AGR Public Hearing - Tue Mar 12, 2025 @ 9:00 AM HST

Agriculture & Food Systems

Transcript Highlights:
  • If you can manage the nursery trade, or actually any other trade that's a critical control point to the
  • or actually any other nursery trade or actually any other trade<02:13:53.960><c> that's</c><02:13:54.079
  • ; it's other commodities.
  • </c> it's not just agricultural Commodities it's not just agricultural Commodities it's<02:16:01.480>
  • </c><02:43:02.640><c> and</c> Agricultural Product or commodity and Agricultural Product or commodity
HI

Hawaii 2025 Regular Session

JDC-AEN Informational Briefing 10-16-2025

Hawaii Senate Floor Meeting

Transcript Highlights:
  • So, um, we have five commodities.
  • So, um, we have five commodities.
  • So the bottom line we're seeing is trade policy is defining the future of premium Hawaii exports.
  • So the bottom line we're seeing is trade policy is defining the future of premium Hawaii exports.
  • </c> through USDA programs, USDA commodity through USDA programs, USDA commodity foods<01:08:54.400><
Summary: The joint informational briefing focused on how federal policy changes, tariffs, funding cuts, the federal shutdown, and delays in the farm bill are affecting Hawaii agriculture and food access. Opening remarks emphasized Hawaii’s heavy dependence on imported food and farm inputs, the state’s vulnerability to disruptions in USDA services, and the need for stronger state, county, and community coordination. Speakers also noted that immigration enforcement and broader global supply-chain pressures can affect local farm labor, production, and food availability. Sharon Herd, chair of the Department of Agriculture and Biosecurity, described both positive and negative federal impacts. She said Hawaii has benefited from some recurring grants and a large new $8.8 million federal grant, but also reported about $22 million in losses from suspended or terminated grants, including farm-to-school and water-related projects. She said some USDA programs, such as microgrants for food security and FISMIP, are currently suspended, while the specialty crop block grant remains active. She also said Hawaii farms declined from 7,328 to 6,569 between the 2017 and 2022 censuses and argued the state cannot rely on imports alone to feed its people. Amanda Shaw of Agriculture Stewardship Hawaii presented findings from federal funding cut reports. She said the first report, in March, identified about $88 million in potential cuts, and the newer report found $64.7 million in confirmed cuts and about $175 million in potential cuts. She said federal shifts are creating uncertainty for farmers, food-system organizations, and school and community food programs, and noted that 4,000 to 5,000 Hawaii farmers could receive less money because of changes to payment-factor provisions for socially disadvantaged farmers. She also said Hawaii has lost 18% of local USDA staff since September 2024, with possible further national reductions expected. No votes were taken; the meeting was informational only, and the chair noted that any legal questions, including the reported SNAP changes, would be for the Judiciary Committee to assess later.
WA
Transcript Highlights:
  • , and the National Indian Gaming Commission.
  • After we adjourned, I placed my very first... ...and the National Indian Gaming Commission.
  • Futures Trading platform, which basically is illegal.
  • Well, there's a number of companies that get licenses from the Commodity Futures Trading Commission,
  • We frankly don't know what the future holds, but we will continue to support our students with these
Summary: The committee began in executive session with staff briefing several bills and proposed amendments. House Bill 2206, concerning uniformed and overseas civilian voting standards, was discussed but ultimately pulled from consideration for the day. House Bill 2123, dealing with foreign national donor reporting, was amended to raise the certification threshold to $6,000 and then advanced from committee on a 5-2 vote. House Bill 2120, which would remove two JLARC reporting requirements, also passed unanimously. House Bill 2411, authorizing shared leave for state employees involved in immigration enforcement actions or who are victims of hate crimes, was amended and then reported out on a 5-2 vote after debate over eligibility and privacy-related language. The committee then held hearings on House Bill 2309 and House Bill 2205. HB 2309 would bar state civil service classifications from requiring a postgraduate degree unless required by law, with the sponsor and OFM saying it would reduce barriers to state employment and expand the applicant pool. Testimony in support emphasized workforce access, equity, and skill-based hiring. HB 2205 would expand tribal sports wagering to allow bets placed at any tribal gaming facility and permit wagering on Washington college teams, while continuing to prohibit bets on individual Washington student-athlete performance. Tribal leaders and casino operators supported the bill as a way to bring existing illegal betting into a regulated tribal system and improve integrity monitoring, while the University of Washington and Washington State University opposed it, warning of harassment, student-athlete safety concerns, and broader gambling harms. A taxpayer advocacy witness urged broader online sports betting options, arguing that limiting access drives bettors to offshore markets. The hearing on HB 2205 was left open and HB 2309 testimony concluded without further action.
MN

Minnesota 2025-2026 Regular Session

Committee on Taxes - 02/27/25

Taxes

Transcript Highlights:
  • I'm the chair of the Metropolitan Airports Commission, or commonly known as MAC.
  • </c><00:39:37.440><c> or</c> Metropolitan airports commission or Metropolitan airports commission or
  • I'm here representing over 70,000 skilled workers in the trades across our state.
  • Very rare that we would have a bill that has the support of the trades, Building Trades, Delta, all our
  • ><c> all</c><01:22:05.199><c> our</c> the trades Building Trades Delta all our the trades Building Trades
Bills: HF1277 , HF1006
Committee: Senate Taxes
TX

Texas 89th Regular

Senate Session May 29th, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • 22nd, I submitted the name of Cynthia "Cindy" Lyons-Phils for appointment to the Texas Lottery Commission
  • Cynthia Lyons-Phillis to the Texas Lottery Commission be withdrawn from the Committee on Nominations.
  • you know, there was a time when the state of Texas took all of our tech out of high schools and our trade
  • is going to help us close that labor gap that we're expecting to have coming up here in the near future
  • Commission Staff Accounting Bulletin 121 and its successor, SAB 122.
Bills: SJR5 , SJR27 , SB4 , SB6 , SB7 , SB9 , SB13 , SB15 , SB23 , SB27 , SB30 , SB40 , SB57 , SB66 , SB140 , SB268 , SB293 , SB331 , SB413 , SB437 , SB447 , SB457 , SB467 , SB506 , SB510 , SB512 , SB568 , SB571 , SB650 , SB710 , SB763 , SB785 , SB800 , SB850 , SB863 , SB865 , SB904 , SB905 , SB973 , SB974 , SB1191 , SB1281 , SB1300 , SB1362 , SB1494 , SB1504 , SB1522 , SB1540 , SB1567 , SB1579 , SB1580 , SB1610 , SB1660 , SB1723 , SB1760 , SB1838 , SB1923 , SB1946 , SB1957 , SB1964 , SB2018 , SB2024 , SB2121 , SB2167 , SB2217 , SB2221 , SB2321 , SB2337 , SB2368 , SB2373 , SB2407 , SB2431 , SB2477 , SB2587 , SB2615 , SB2753 , SB2807 , SB2900 , SB2965 , SB2972 , SB2986 , SB3039 , SB3047 , SB3059 , SB3070 , SB1 , SB8 , SB12 , SB13 , SB15 , SB17 , SB21 , SB30 , SB37 , SB260 , SB268 , SB331 , SB379 , SB441 , SB447 , SB457 , SB509 , SB650 , SB763 , SB1198 , SB1405 , SB1506 , SB1566 , SB1610 , SB1637 , SB1660 , SB1833 , SB2018 , SB2024 , SB2155 , SB2217 , SB2308 , SB2337 , SB2601 , SB2753 , SB2778 , SB2878 , SB2900 , SB3059 , HB4 , HB145 , HB300 , HB493 , HB2011 , HB2067 , HB2516 , HB2525 , HB2885 , HB2974 , HB3071 , HB3372 , HB3595 , HB5138 , HB5246 , HB796 , HB1523 , HB5294 , HB748 , HB3395 , HB180 , HB3171 , HB4690 , HB146 , HB5596 , HB5694 , HB 1135 , HB3225 , HB186 , HB1449 , HB3793 , HB 112 , HB 104 , HB4233 , HB 1094 , HB3336 , HB3520 , HB3320 , HB5663 , HB2731 , HB2399 , HB 111 , HB3483 , HB4580 , HB3748 , HB632 , HB4730 , HB 127 , HB5690 , HB5689 , HB3385 , HB4359 , HB5381 , HB20 , HB 123 , HB549 , HB5606 , HB2594 , HB 1057 , HB3664 , HCR141 , HCR40 , HCR59 , SJR36 , SJR50 , SJR63 , SCR12 , SCR39 , SB2023 , SB62 , SB666 , SB847 , SB284 , SB854 , SB810 , SB1505 , SB583 , SB507 , SB1434 , SB1772 , SB2016 , SB1122 , SB731 , SB397 , SB508 , SB1436 , SB287 , SB1882 , SB393 , SB1791 , SB209 , SB2429 , SB1085 , SB1975 , SB2717 , SB1262 , SB636 , SB2056 , SB884 , SB1200 , SB1845 , SB2458 , SB801 , SB3014 , SB3013 , SB758 , SB2797 , SB2076 , SB2876 , SB1640 , SB1449 , SB1181 , SB1234 , SB2926 , SB2841 , SB1528 , SB1854 , SB317 , SB1250 , SB2082 , SB1237 , SB2819 , SB629 , SB2608 , SB1602 , SB2009 , SB867 , SB640 , SB1698 , SB2680 , SB913 , SB1071 , SB1086 , SB1087 , SB1483 , SB1444 , SB1553 , SB1556 , SB1703 , SB2133 , SB2297 , SB2298 , SB2622 , SB2955 , SB2334 , SB1367 , SB2044 , SB2363 , SB2565 , SB1888 , SB3036 , SB3057 , SB3043 , SB3063 , SB3035 , SB203 , SB2688 , SB2522 , SB2459 , SB2655 , SB2251 , SB1884 , SB2928 , SB2566 , SB2549 , SB2553 , SB2919 , SB1944 , SB1232 , SB1798 , SB2603 , SB2607 , SB2683 , SB1319 , SB3045 , SB3071 , HB20 , HB 127 , HB549 , HB 1094 , HB2594 , HB2731 , HB4233 , HB4690 , SR625 , HCR167 , SJR5 , SB4 , SB6 , SB9 , SB23 , SB40 , SB13 , SB15 , SB30 , SB268 , SB331 , SB447 , SB457 , SB568 , SB650 , SB763 , SB1540 , SB1610 , SB1660 , SB2018 , SB2024 , SB2217 , SB2337 , SB2753 , SB2900 , SB2972 , SB3059 , HB4 , HB145 , HB493 , HB2067 , HB2516 , HB2885 , HB2974 , HB3071 , HB3372 , HB3556 , HB3595 , HB5138
Summary: The meeting centered around the discussions of several key bills, notably HB4233, which aims to align Texas's money transmission licensing and auditing requirements with federal regulations. Senator Parker led the discussion, emphasizing the need for consumer protections around cryptocurrency kiosks that have become targets for fraud, particularly affecting vulnerable populations such as seniors. The meeting also saw lively debates on HB20, designed to reintegrate technical education into high schools, addressing skills shortages in the workforce. The bills were well received, with strong bipartisan support evident in the votes.
MO

Missouri 2026 Regular Session

Corrections and Public Institutions Apr 8th, 2026

Corrections and Public Institutions

Transcript Highlights:
  • Pursue measures to both maintain and enhance usage in the future.
  • They are commodity chairs.
  • So there's trade disputes on.
  • So it's really pick and choose based off of what the commodity is.
  • And it's already applied to ag and food commodities.
Summary: The committee first took up executive action on Senate Bill 890. Members explained that the House committee substitute combined provisions from related bills, changed the title to accommodate an amendment, and restored language that had been unintentionally repealed in section 217.550. The amendment was adopted, the substitute was adopted, and the House Committee Substitute for SB 890 was voted do pass by a roll call of 11 ayes and 1 no. The committee then heard Senate Bill 945 from Senator Carla May, which would raise the civil filing surcharge in the city of St. Louis from $15 to up to $20 to support the law library and related court services. Senator May and a representative of the Law Library Association of St. Louis testified that the surcharge had not been raised since 1996, that costs had increased, and that the increase would help maintain legal research resources and public access. Questions focused on whether the amount was sufficient and what other funding sources existed; there was no opposition testimony. Finally, the committee heard House Concurrent Resolution 29, which urges Congress to restore mandatory country-of-origin labeling for beef and pork. The sponsor and supporters argued that consumers should know where meat comes from, that independent cattle producers are harmed by consolidation in the packing industry, and that voluntary labeling is inadequate. Opponents from the Missouri Farm Bureau, Missouri Chamber of Commerce, and Missouri Pork Association argued that mandatory labeling adds regulatory burden, is not supported by consumer purchasing data, and should remain voluntary. The hearing included extensive testimony from cattle producers and consumers, but no vote on HCR 29 was taken in the portion provided.
US
Transcript Highlights:
  • On trade and economic competitiveness, fair trade is critical for fresh produce growers.
  • As the oldest Livestock Trade Association in the country, we are a key component to America's future.
  • Free trade only works if it's fair trade.
  • Second, trade.
  • protecting our trade.
Summary: The committee meeting focused on crucial discussions surrounding the challenges faced by the agriculture sector, particularly concerning avian flu and its impact on poultry and dairy producers. Members provided insights into the economic struggles within the industry, emphasizing the need for a new bipartisan farm bill that addresses the diverse needs of specialty crop and livestock producers. Witnesses from various agricultural sectors spoke about their experiences, illustrating the high costs, regulatory burdens, and emerging diseases that threaten their operations. The meeting underscored a commitment to exploring solutions that will help maintain market stability and ensure food security.
TX

Texas 89th Regular

Transportation Mar 6th, 2025

Transportation

Transcript Highlights:
  • And it is adopted by the end of August by our Texas Transportation Commission.
  • Same for Galveston. national leader in the cruise industry also moves commodities used statewide.
  • And then we went to Mexico and started working on some trade corridors in the late 90s.
  • We want to make sure we continue to have that, so we need to have that eye to the future.
  • Connected transportation is our future. That's our closing slide.
NH

New Hampshire 2026 Regular Session

Senate Commerce (01/27/2026)

Commerce

Transcript Highlights:
  • According to the Federal Trade Commission, consumers over the age of 60 are more than three times more
  • According to the Federal Trade<00:33:20.480><c> Commission,</c><00:33:21.039><c> consumers</c><00:33:
  • the age Trade Commission, consumers over the age of<00:33:22.240><c> 60</c><00:33:22.880><c> are</c>
  • The Federal Trade Commission<00:34:06.000><c> showed</c><00:34:06.240><c> that</c><00:34:06.480><c> a
  • </c> this is from the Federal Trade this is from the Federal Trade Commission.<01:41:05.040><c> This<
Committee: Senate Commerce
OK
NM

New Mexico 2025 Regular Session

Senate Chamber Mar 22nd, 2025

New Mexico Senate Floor Meeting

Transcript Highlights:
  • What we're talking about is really doing trade facilities and trade ports through a P3, just like we're
  • trade ports.
  • Is there only going to be one trade port, or are you looking at multiple trade ports?
  • is bleak. future is bleak.
  • Whatever, it's kind of in the commodities market.
MO

Missouri 2026 Regular Session

Corrections and Public Institutions Apr 8th, 2026

Corrections and Public Institutions

Transcript Highlights:
  • They are commodity chairs.
  • So there's trade disputes on.
  • So that's a very separate issue, but our commodity producers are concerned, Issue, but our commodity
  • So it's really pick and choose based on what the commodity is.
  • And it's already applied to ag and food commodities.
WA

Washington 2025-2026 Regular Session

House State Government & Tribal Relations Jan 16th, 2026 at 08:00 am

State Government & Tribal Relations

Transcript Highlights:
  • , and the National Indian Gaming Commission.
  • futures trading platform, which basically is illegal.
  • Well, there's a number of companies that get licenses from the Commodity Futures Trading Commission,
  • In fact, yesterday, the NCAA also urged state gambling commissions to ban individual prop bets and other
  • We frankly don't know what the future holds, but we will continue to support our students with these
Bills: HB2205 , HB2309 , HB2206 , HB2123 , HB2120 , HB2411
ID

Idaho 2026 Regular Session

Jan 20th, 2026

Agricultural Affairs

Transcript Highlights:
  • And our largest trade part— ...of anything that we have access to.
  • As we look at global trade, used to be a very significant portion of global trade happened in U.S.
  • As we look at global trade, it used to be a very significant portion of global trade happened in U.S.
  • You know, fuel really drives the commodity markets.
  • trade routes.
MS

Mississippi 2026 Regular Session

Appropriations - Room 216, 20 January, 2026; 2:30 PM

Appropriations

Transcript Highlights:
  • </c> by world trade competition. by world trade competition.
  • </c> agricultural trade was a focus. agricultural trade was a focus.
  • Making forestry the second most important agricultural commodity.
  • These important agricultural commodity.
  • </c> future natural resource professionals. future natural resource professionals.
CA

California 2025-2026 Regular Session

Senate Environmental Quality Committee Jan 13th, 2026

Environmental Quality

Transcript Highlights:
  • shredders successfully recycle many of the materials that are essential to California's building trades
  • , like steel beams and supports, rebar, California's building trades like steel beams and supports, rebar
  • And there are future amendments that will be considered as soon as they're provided to you.
  • Consumer Product Safety Commission due to risk of ignition and explosion.
  • There are a lot of valuable commodities and materials in those.
Summary: The Senate Committee on Environmental Quality heard four bills. SB 299 by Senator Cabaldon would extend a CEQA exemption for child care facilities to those located in residential zones, with committee amendments adding guardrails excluding sites on protected lands and within 3,200 feet of oil wells or refineries. Support came from child care, local government, planning, county, and rural county groups; one environmental opposition witness raised concerns about broader CEQA issues. Members generally praised the bill as a needed correction to last year’s CEQA changes and noted its importance for child care access and community-serving facilities. SB 58 by Senator Padilla would update the state’s approach to hydrogen sulfide by strengthening monitoring and response standards based on current science and public health impacts, especially in the Tijuana River Valley and Salton Sea areas. Testimony in support emphasized serious undercounting of exposures and health harms in low-income, Latino, Indigenous, and immigrant communities; air district representatives said they would review amendments, while business and industry witnesses expressed concern about late amendments and possible implications for geothermal operations. The committee discussed the bill as a statewide framework rather than a district-specific response, and the author accepted committee amendments. SB 811 by Senator Caballero would create a statutory framework for regulating metal shredding facilities, clarifying DTSC enforcement authority and incorporating prior negotiated environmental justice and fire-safety amendments. Supporters from the recycling industry and labor said the bill would reduce legal uncertainty, protect jobs, and preserve an important circular-economy sector; opponents from community, environmental, school, and local government groups argued it weakened hazardous waste protections and did not adequately address pollution and fire risks, especially in West Oakland. SB 501 by Senator Allen would expand California’s battery extended producer responsibility program to include medium-format batteries such as e-bike and outdoor equipment batteries; local governments and recycling groups supported it as a common-sense response to fire and disposal problems, while one battery recycler sought further discussion on implementation. All four bills were voted out of committee and sent to Appropriations, with SB 58, SB 299, and SB 811 passing unanimously and SB 501 passing on a 5-2 vote after additional members joined the committee.
CA
Transcript Highlights:
  • Scott Wedge with the California State Association of Electrical Workers and California State Pipe Trades
  • Wedge, on behalf of the California State Association of Electrical Workers, California State Pipe Trades
  • And there are future amendments that will be considered as soon as they're provided to you.
  • Consumer Product Safety Commission due to risk of ignition and explosion.
  • There are a lot of valuable commodities and materials in those.
Summary: The Senate Committee on Environmental Quality heard four bills focused on environmental regulation and public health. SB 299 by Senator Cabaldon would extend a CEQA exemption to child care facilities in residential zones, with committee amendments adding guardrails to exclude sites on natural/protected lands and within 3,200 feet of oil wells or refineries. Support came from child care, planning, local government, and county groups, while one wildlife/plant organization opposed. Members emphasized the need for more child care access and noted the bill was a narrow fix to last year’s CEQA legislation. The committee later voted the bill out on a 7-0 vote. SB 58 by Senator Padilla would update California’s hydrogen sulfide standards and response framework, citing outdated rules and monitoring gaps in the Tijuana River Valley and Salton Sea areas. Testimony from UCLA and community advocates described health impacts and undercounted exceedances, while air district representatives and business interests raised concerns about the scope and timing of the proposal. The committee accepted amendments and advanced the bill on a 7-0 vote. SB 811 by Senator Caballero would establish a regulatory framework for metal shredding facilities, clarifying DTSC enforcement authority and incorporating prior negotiated environmental justice and fire-safety amendments. Supporters included the recycling industry and labor groups; opponents from community, environmental, and local government organizations argued the bill was too deregulatory and did not adequately protect nearby communities. The bill passed 5-0. SB 501 by Senator Allen would expand the state’s battery extended producer responsibility program to include medium-format batteries such as those used in e-bikes and portable power systems. Supporters said the change would improve collection, reduce fire risks, and shift disposal costs from local governments to producers; one battery recycler expressed interest in working on implementation details. The bill was amended and advanced on a 5-2 vote. After quorum was established and votes were taken on call, all four bills were reported out of committee and the hearing adjourned.
NH
Transcript Highlights:
  • </c> And uh and then we have two commission And uh and then we have two commission members<00:07:51.919
  • So, I left some with the commission.
  • </c> an oil and and gas and commodities an oil and and gas and commodities trader<00:32:17.840><c> and
  • Ammon on the commission.
  • </c><00:48:45.119><c> I</c> of Wyoming that formed a commission I of Wyoming that formed a commission
Summary: The commission met with a quorum, approved the agenda, and approved the November 12 minutes after a motion, second, and unanimous voice/online consent. The chair said the meeting would include two presentations—one from Noah Herman of Fortress Global and one from John Kicko and team from Hedera—followed by discussion of the commission’s next steps and public comment. The chair also noted he was still seeking a clerk for note-taking. Herman’s presentation focused on stablecoins, blockchain use cases, and operational considerations for states and other institutions. He described Fortress as an enterprise crypto-wallet and treasury platform serving corporates, governments, and nonprofits, and used examples such as Save the Children and a large global commodities firm to illustrate custody and treasury management on blockchain rails. He said stablecoins are designed to maintain a U.S. dollar peg, are increasingly backed by treasuries and subject to greater transparency, and are being adopted by major firms and payment companies because they can improve speed, reduce cost, and simplify payments. He also highlighted market growth, including claims that stablecoins now represent a significant share of on-chain activity and are a major holder of U.S. Treasuries. He identified custody as a key issue for state and institutional use, outlining qualified custody, managed custody, and self-custody models. He said the main practical challenge for the commodities client was moving funds safely and quickly across global time zones and that blockchain rails could solve problems that traditional banking rails could not. He framed the broader trend as one of accelerating institutional adoption, citing recent acquisitions and product launches by Visa, Stripe, Citi, and PayPal as evidence that stablecoin infrastructure is becoming mainstream.