HR.4457 To require the Commodity Futures Trading Commission to take certain actions to reduce excessive speculation in energy markets.
To require the Commodity Futures Trading Commission to take certain actions to reduce excessive speculation in energy markets.
- People's Vote
- NONE
- Gov Vote
- NONE
- Outcome
- NONE
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Sponsored by
Co-Sponsored by
- Senator Tammy Baldwin (WI Democrat)
- Rep. Leonard Boswell (IA Democrat)
- Rep. Susan Davis (CA Democrat)
- Rep. Peter Defazio (OR Democrat)
- Rep. Rosa Delauro (CT Democrat)
- Rep. Anna Eshoo (CA Democrat)
- Rep. Sam Farr (CA Democrat)
- Rep. Bob Filner (CA Democrat)
- Rep. Raul Grijalva (AZ Democrat)
- Rep. Luis Gutiérrez (IL Democrat)
- Rep. Michael Honda (CA Democrat)
- Rep. Jesse Jackson (IL Democrat)
- Rep. Zoe Lofgren (CA Democrat)
- Rep. Edward Markey (MA Democrat)
- Rep. James Mcgovern (MA Democrat)
- Rep. Mike Mcintyre (NC Democrat)
- Rep. Michael Michaud (ME Democrat)
- Rep. Charles Rangel (NY Democrat)
- Rep. Linda Sánchez (CA Democrat)
- Rep. Christopher Van Hollen (MD Democrat)
- Rep. Joe Courtney (CT Democrat)
- Rep. John Yarmuth (KY Democrat)
- Rep. Steve Cohen (TN Democrat)
- Rep. Peter Welch (VT Democrat)
- Rep. Niki Tsongas (MA Democrat)
- Rep. Larry Kissell (NC Democrat)
- Rep. David Cicilline (RI Democrat)



Our Analysis:
Votetocracy has not yet analyzed this bill because it has not been considered after being introduced. For a more information please see the official summary below
Summary:
4/19/2012--Introduced.Instructs the Commodity Futures Trading Commission (CFTC) to use its authority (including emergency powers) to: (1) to curb immediately the role of excessive speculation in any contract market within its jurisdiction and control that is serving as a platform for the trading of energy futures or swaps; and (2) eliminate excessive speculation, price distortion, sudden or unreasonable fluctuations, unwarranted changes in prices, or other unlawful activity that is causing major market disturbances that prevent the market from accurately reflecting the forces of supply and demand for energy commodities.
Actions:
Referred to the Subcommittee on General Farm Commodities and Risk Management.
Referred to the House Committee on Agriculture.
Question:
Result