U.S. Representative K. Michael Conaway (R-Texas) announced today that he will serve a second term as the chairman of the House Agriculture Committee's Subcommittee on General Farm Commodities and Risk Management. The subcommittee oversees the farm bill's commodity title, crop insurance and commodity exchange laws.
This will be Rep. Conaway's third term as the top Republican on a House Agriculture subcommittee; he was previously the ranking member on the Rural Development, Biotechnology, Specialty Crops and Foreign Agriculture Subcommittee.
"During my second term leading the General Farm Commodities and Risk Management subcommittee, I will work to pass a farm bill that is good for Texas and the country while helping to protect our crop insurance program. I will also strive to protect the integrity of our commodity exchanges, ensuring that these markets will remain in the United States and will continue to serve as dependable risk management venues.
"This Agriculture subcommittee oversees three issues of vital economic importance to Texas' 11th congressional district -- commodity exchanges, commodity title, and crop insurance. I thank Agriculture Chairman Lucas and Speaker Boehner for the confidence they have placed in me and look forward to this opportunity to serve," Rep. Conaway said.
"I am pleased to have Congressman Conaway continue as the chair of the Subcommittee on General Farm Commodities and Risk Management. He remains a strong advocate for American agriculture and rural economies with extensive knowledge of the issues our producers face," said Chairman Frank D. Lucas (R-Okla.).
As chairman of the subcommittee, Rep. Conaway has successfully defended crop insurance and the farm bill from unfair attacks while helping to develop sound farm legislation that will save taxpayers more than $35 billion. Rep. Conaway, a certified public accountant, has also conducted vigorous oversight of the commodity exchanges and their regulators to ensure viability and accountability.
Rep. Conaway was also named this week as the chairman of the House Ethics Committee for the 113th Congress. He is also a member of the House Armed Services and Intelligence committees.