The Commodity Futures Trading Commission (CFTC) today announced it would limit the trading of oil futures after a bipartisan group of senators called for such a measure earlier this month.


Democratic and Republican senators had alleged that futures speculation has helped to drive up the price of oil.


Sen. Dianne FeinsteinDianne Emiel FeinsteinFive things to know about the elephant trophies controversy The feds need to be held accountable for role in Russia scandal Lawyer: Kushner is 'the hero' in campaign emails regarding Russia MORE (D-Calif.), one of the senators who led the call, lauded the decision today in a press release.


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