Exclusive outtakes from industry leaders
They are new, enthusiastic and changing the environment on Capitol Hill.
House Agriculture Committee Chairman Frank Lucas says “do not underestimate the effect” of the large number of freshmen lawmakers on his committee, which will sit down to overhaul U.S. farm subsidies next year.
“This session of Congress is a little different from the ones I’ve participated in previously. A huge number of new members,” Lucas said at a Reuters Global Food and Agriculture Summit. “I’ve got a very enthusiastic bunch of new faces.”
It turns out that half of the House Agriculture Committee is new — 16 of 26 Republicans and 7 of 20 Democrats.
“Now, granted, freshmen Democrats are hard to come by,” he said, not missing a beat in taking a swipe at Democrats who were pounded in the November elections and lost control of the House of Representatives to Republicans.
It is clear that House Financial Services Committee Vice Chairman Jeb Hensarling is proud of his credentials as a fiscal conservative.
He may have more competition for that label after the November election swept in members of the Tea Party. But he sees that as a good thing.
Representative Chris Van Hollen likes to paraphrase Mark Twain when talking about the Democratic chances in the November mid-term election.
“News of the Democratic demise is greatly exaggerated,” the man in charge of the House Democrats’ election effort told the Reuters Washington Summit. “I think the pundits have been wrong before and they’ll be wrong again. Democrats will retain a majority in the Congress. I’m very confident of that.”
Republicans stand poised to gain substantial influence in Congress, putting at stake billions of dollars in investment as a shift among power brokers throws legislative initiatives old and new into doubt. Reuters Washington Summit will bring together an influential line-up of insiders just weeks before Americans cast their votes, promising a must-read stream of exclusive news on the outlook for Congress and President Barack Obama’s agenda. Editors and correspondents from the Reuters Washington bureau are sitting down with senior lawmakers, including GOP heavyweights in line for leadership, and regulators whose implementation of Wall Street and healthcare reform could be complicated by a change in control on Capitol Hill.
The Summit will generate exclusive stories, investable insights, online videos and blog postings, which will be immediately available only to Thomson Reuters clients during the Summit. Key interviews will air live exclusively on Reuters Insider – a new multimedia platform delivering relevant news, analysis and trade ideas presented through a personalized video experience. Visit http://etv.thomsonreuters.com/