National

Senator Merkley on Senate Commodities Report: ‘Extremely Disturbing,’ Regulators Must Act

WASHINGTON –-(ENEWSPF)–November 21, 2014.  Oregon’s Senator Jeff Merkley released the following statement after the U.S. Senate Permanent Subcommittee on Investigations released a report and held hearings finding that Wall Street banks have become heavily involved in the ownership and control of physical commodities, raising the potential for market manipulation. The commodities involved touch nearly every consumer and every corner of the American economy, such as oil, natural gas, and aluminum.

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