[Congressional Record Volume 155, Number 106 (Wednesday, July 15, 2009)]
[Senate]
[Page S7572]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                          NOTICES OF HEARINGS


                permanent subcommittee on investigations

  Mr. LEVIN. Mr. President, I would like to announce for the 
information of the Senate and the public that the Permanent 
Subcommittee on Investigations of the Committee on Homeland Security 
and Governmental Affairs has scheduled a hearing for Tuesday, July 21, 
entitled, ``Excessive Speculation in the Wheat Market.'' This hearing 
is a followup to the June 24 Subcommittee release of a 247-page staff 
report entitled, Excessive Speculation in the Wheat Market, examining 
how commodity index traders, in the aggregate, have made such large 
purchases on the Chicago wheat futures market that they have pushed up 
futures prices, disrupted the normal relationship between futures 
prices and cash prices for wheat, and caused farmers, grain elevators, 
grain processors, and others to experience significant unwarranted 
costs and price risks. The Subcommittee hearing will examine the nature 
of the problems caused by index trading in the wheat market and 
possible solutions, including applying standard position limits to 
index traders instead of exempting them. Witnesses for the upcoming 
hearing will include representatives of CFTC, and the Chicago 
Mercantile Exchange, as well as representatives of wheat producers, 
users, consumers, and index traders.
  The Subcommittee hearing has been scheduled for Tuesday, July 21, 
2009, at 2:30 p.m., in room 342 of the Dirksen Senate Office Building. 
For further information, please contact Elise Bean of the Permanent 
Subcommittee on Investigations a 202-224-9505.


                    subcommittee on water and power

  Mr. BINGAMAN. Mr. President, I would like to announce for the 
information of the Senate and the public that a hearing has been 
scheduled before the Subcommittee on Water and Power of the Committee 
on Energy and Natural Resources. The hearing will be held on July 23, 
2009, at 2:30 p.m. in room 366 of the Dirksen Senate Office Building in 
Washington, DC.
  The purpose of the hearing is to receive testimony on the following 
bills: S. 637, Dry-Redwater Regional Water Authority System Act of 
2009; S. 789, Tule River Tribe Water Development Act; S. 1080. A bill 
to clarify the jurisdiction of the Secretary of the Interior with 
respect to the C.C. Cragin Dam and Reservoir, and for other purposes; 
and S. 1453. To amend Public Law 106-392 to maintain annual base 
funding for the Bureau of Reclamation for the Upper Colorado River and 
San Juan fish recovery programs through fiscal year 2023.
  Because of the limited time available for the hearing, witnesses may 
testify by invitation only. However, those wishing to submit written 
testimony for the hearing record should send it to the Committee on 
Energy and Natural Resources, United States Senate, Washington, DC 
20510-6150, or by email to Gina [email protected]
.gov.
  For further information, please contact Tanya Trujillo at (202) 224-
5479 or Gina Weinstock at (202) 224-5684.

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