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[Speakers]James E. Newsome |
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James E. Newsome was confirmed by the U.S. Senate on July 31, 1998, to serve as a Commissioner on the Commodity Futures Trading Commission (CFTC). He was sworn in August 10, 1998, to a term expiring in June 2001. On January 5, 2001, he was elected by Commission order to serve as Acting Chairman effective close-of-business January 19, 2001. Prior to joining the CFTC, Mr. Newsome served for nine years as Executive Vice-President of the Mississippi Cattlemen’s Association and Beef Council. Additionally, he served as Chairman of the Mississippi Agribusiness Council, which is devoted to the development of domestic and international agribusiness opportunities within the state of Mississippi. Mr. Newsome’s involvement in agriculture led to his association with numerous organizations in both Mississippi and his home state of Florida. Mr. Newsome has served as President of the Association of Mississippi Agriculture Organizations; as a member of the Governor’s Task Force on the Future of Mississippi Agriculture and the Governor’s Task Force on the Future of Florida’s Small Farms; as a Delegate to the National Council for Agriculture Research, Extension and Teaching; as President of the Florida Future Farmers of America; and as President of the University of Florida Agriculture Council. Since joining the Commission, Mr. Newsome has actively engaged the industry, encouraging its involvement, and has served as Chairman of the CFTC's Technology Advisory Committee. His conservative approach to Commission responsibilities has been open and inclusive and has contributed to major regulatory reform of the U.S. futures and derivatives markets. A native of Plant City, Florida, Mr. Newsome received his B.S. degree in Food and Resource Economics from the University of Florida in 1982 and his M.S. degree in Agriculture from Mississippi State University in 1985. He is married to the former Mary Margaret Pomeroy of Carmel Valley, California and they have two daughters.
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