Senator Debbie Stabenow, Chairwoman of the Senate Agriculture Committee, confirmed that former MF Global Chief Executive Officer Jon Corzine – has not agreed to appear before her committee. So, the Chairwoman is calling for a subpoena to compel Corzine and other MF Global executives to appear before the Ag Committee hearing on December 13th.

A vote of the full committee is required to make the current inquiry a formal committee investigation in order to give the committee subpoena power.  Senator Stabenow announced she would convene a meeting of the Agriculture Committee to vote on the matter on Tuesday.