oil market

CONGRESSWOMAN SUSAN DAVIS PUSHES FOR RESOURCES TO REGULATE WALL STREET

 
March 25, 2012 (Washington, D.C.) -- Congresswoman Susan Davis (D-San Diego) moved to make sure adequate resources are available for a strong enforcement mechanism to protect consumers. Davis and 98 of her colleagues sent a letter to House appropriators urging robust funding for the Commodities Futures Trading Commission (CFTC).  The CFTC is charged with regulating Wall Street, which includes speculation in the oil markets that are driving up gas prices.