behnam. behnam. he's expected to discuss regulation and cryptograms live coverage from the brookings institution here on c-span2. >> in washington on a still snowy wednesday morning. where we are here to talk about the future of financial regulation, particularly as relates to commodities and futures. and when you talk about the future regulation for futures, you are really looking out in the forward and we are here joined by chairman behnam, the 15th chairman of the commodity futures trading commission on going to introduce them in the second but i just want to underscore to folks that you may think of this as abstract financial regulation and its finest, greatest, futures, commodity. on one hand you may say this is stuff that moves markets and walter but doesn't affect my life or is a stuff we used to read about when you're looking at cotton futures and how farmers dealt with that. that history is incredibly important to understanding why the cftc exists, white and independent agency, why t

the future of revelation for futures you are looking out and forward and we are joined by rostin behnam, the fifteenth chairman of the commodities future. i'm going to introduce him in a second but i just want to wonderscore to folks that you may think of this as abstract financial regulation, on the one hand, you may say this is stuff that moves the market in wall street but doesn't affect my life or stuff that you read about when you are looking at cotton futures and how farmers in an agrarian society double that and that history is important to understand why the cftc exists, why it is an independent agency in the united states alone among major global powers in the world separate regulation of capital markets between commodities and futures and stocks and bonds, capital markets come from unique role of agriculture in american society and its regulation. i want to say something a little different to you. everybody who flew home for christmas or thanksgiving in part because of commodity future. businesses around the world that we depend on that provide services need to understand thei

regulation for futures, you are really looking out in the forward and we are here joined by chairman behnam, the 15th chairman of the commodity futures trading commission on going to introduce them in the second but i just want to underscore to folks that you may think of this as abstract financial regulation and its finest, greatest, futures, commodity. on one hand you may say this is stuff that moves markets and walter but doesn't affect my life or is a stuff we used to read about when you're looking at cotton futures and how farmers dealt with that. that history is incredibly important to understanding why the cftc exists, white and independent agency, why the united states alone among major global powers in the world separates our regulation of capital markets between commodities and futures and stocks and bonds. everyone else is one capital markets regulator. we have two. this comes comes from unique role of agriculture in american society and its regulation. i wanted something different to you. everybody who flew home for christmas or thanksgiving flew in part because a commodity and

future of regulations for futures, you're really looking out forward and we're here joined by chairman behnam and i'm going to introduce him in a second, but i want to underscore to folks. you may think of this as abstract financial regulation in its finest derivatives, futures, commodities. on the one hand you may say this is stuff that moves markets in wall street, but doesn't affect my life and stuff we shouldn't read about when you're looking at cotton futures and how farmers, when we're an agrarian society felt about that and that history is important to understanding why it exists and why it's an independent agency and why the united states alone, among major global powers in the world separates our regulation of capital markets between commodities and futures, and stocks and bond. everybody has one regulator, we have two, this comes from the unique role of agriculture in american society and its regulation, but i want to say something different to you. everybody who flew home for christmas or thanksgiving flew in part because of a commodity in the future. businesses all around the worl

rostin behnam's track record on long island example 5 his ability to lead with compassion, decisiveness and clear focus on results. he has shown his dedication to the values the epa uphold and i'm confident will continue to champion these priorities on a national scale and i ask unanimous consent to enter this into the record. i would say there's no better advocates than local advocates who work with us all the time and you have a strong constituency there. i will ask a couple questions. classic wells used to inject carbon dioxide into deep rock formations advancing carbon capture and storage technology. very important to my state. we provided funding to have the epa grant state primacy since they constitute different aspects of permitting. today only three of the states home granted primacy. the epa has one hundred 50 permit applications pending for approval. we have three projects under review and the proposed, and on november 25th. very 25. very important to us as we had testimony last year that north dakota who has primacy was able to permit seven wells in a short period of time, it

regulation for futures, you're really looking out in the forward, and we are here joined by chairman behnam come the 15th chairman of the commodities future trading commission on credit introducing in the second, but i just want to underscore to folks that you may think of this as abstract financial regulation in its finest come charybdis futures, commodities. on one hand you may say this is stuff that moves markets and wall street butut doesn't affect my life or is a stuff we should read about when you're looking at cotton futures and how farmers worrying were in an agrarian society doubled it. that history is important to understand why the cdc exist, why to an independent agency, why the united states alone among major global powers in the world separates a regulation of capital markets betweenio commodities and futures and stocks and bonds. one carpet regulars come two, this come from unique role of agriculture in american society and regulation. i want to do something a i litte different to you. everybody who flew home for christmas or thanksgiving flew apart because of the commodity i

occur in market manipulation and why we need tough and strong regulation that that's what chairman behnam has done such a fantastic job as a 15th chairman of the cftc. served as commissioner since 2017. he will tell you quite a bit about his role but i just want to highlight three things because in washington people are often policies to come to financial regulation. three things that chairman prioritize during his tenure, the first ever had the first visual intelligence, the first data scientist and the first diversity officer, chief diversity officer, to give you an inkling into the concept some thoughts that molded this organization to tackle the challenges that behold our markets and our society today and in the future. he also had the privilege of serving as vice chairman of the international organization of securities commissioners because markets are global. if you're not interacting on a global basis you're missing the picture. in addition while he has been fantastic and stronger to do roots having worked in the state of new jersey, a state i hold a great respect, he has seen the