February 27, 2019 - Issue: Vol. 165, No. 36 — Daily Edition116th Congress (2019 - 2020) - 1st Session

[Page H2242]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                  BEER CAN APPRECIATION/ALUMINUM BILL

  (Mr. BUCK asked and was given permission to address the House for 1 
minute.)
  Mr. BUCK. Mr. Speaker, I would like to recognize the critical role 
that brewers and beer importers play in our Nation's economy.
  American beverage companies and brewers employ more than 2.2 million 
people nationwide, providing more than $103 billion in wages and 
benefits. In my home State of Colorado, breweries have become a 
significant component of my State's culture and economy.
  But in order to compete, American beverage companies and brewers need 
a fair and transparent pricing system for aluminum. That is why I along 
with my friend, Mr. Lawson from Florida, are introducing legislation 
this week giving the U.S. Commodity Futures Trading Commission 
oversight authority of the aluminum market. These unfair market 
practices have not only cost the beverage and brewing industries 
hundreds of millions of dollars, they have also had harmful effects on 
consumers.
  With the help of the CFTC, I hope we can resolve these pricing 
irregularities that have been plaguing the market so our Nation's 
beverage companies and brewers can continue to produce some of 
America's most popular beverages.

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