White House pushes for futures fees

The White House made a series of recommendations in a Statement of Administrative Policy on HR 3161, the fiscal 2008 Agriculture spending bill, which includes funding for the Commodities Futures Trading Commission (CFTC).

In the statement the President’s office of management and budget recommended that the House approves the transaction fees as recommended recently in a report by the Senate Homeland Security and Governmental Affairs’ Permanent Subcommittee on Investigations, which looked to

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