Scott D. O'Malia

Since its founding in 1985, the International Swaps and Derivatives Association has worked to make over-the-counter (OTC) derivatives markets safe and efficient. ISDA’s pioneering work in developing the ISDA Master Agreement and a wide range of related documentation materials, and in ensuring the enforceability of their netting and collateral provisions, has helped to significantly reduce credit and legal risk. The Association has been a leader in promoting sound risk management practices and processes, and engages constructively with policymakers and legislators around the world to advance the understanding and treatment of derivatives as a risk management tool. Today, ISDA has over 800 member institutions from 60 countries.

The U.S. Senate Appropriations Subcommittee on Energy and Water Development is one of twelve subcommittees of the U.S. Senate Committee on Appropriations. This subcommittee, as its name implies, is responsible for funding related to the Department of Energy and water development projects in the United States. It also oversees the Tennessee Valley Authority, the federal power marketing administrations, and non-defense nuclear power, including nuclear waste disposal and the Nuclear Regulatory Commission.

The United States Senate Committee on Energy and Natural Resources has jurisdiction over matters related to energy and nuclear waste policy, territorial policy, native Hawaiian matters, and public lands. Its roots go back to the Committee on Interior and Insular Affairs. In 1977, it became the Committee on Energy and Natural Resources, and Indian Affairs were removed from its jurisdiction into its own committee.