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The study would have to examine how other countries regulate derivatives and how regulations would affect financial institutions that trade in derivatives. Congress would then act on recommendations from the Council to minimize any negative affects on U.S financial institutions.

The bill will be considered under suspension of the rules, meaning it will likely pass with broad bipartisan support. Despite agreement on conducting a study, Republicans and Democrats have different views on government’s role in the derivatives market. Because the trading of derivatives was partly to blame for the recent financial collapse, Democrats have called for stricter regulations, while Republicans have argued for a free market.

Rep. Stephen FincherStephen FincherFormer Dem Tenn. gov to launch Senate bid: report Former Tennessee rep enters race for Corker's Senate seat Tennessee Gov. Haslam won't run for Senate MORE (R-Tenn.) introduced the bill and Reps. Tom GravesJohn (Tom) Thomas GravesChances for government shutdown rising Controversial ‘hack back’ bill gains supporters despite critics Overnight Cybersecurity: Manafort, Gates to remain under house arrest | Mueller said to be closing in on Flynn | 'Hack back' bill gains steam | Election security gets attention from DHS MORE (R-Ga.), Michael Grimm (R-N.Y.), Bill Huizenga (R-Mich.) and David Scott (D-Ga.) co-sponsored the measure.