S. 2548 · 113th Congress
A bill to require the Commodity Futures Trading commission to take certain emergency action to eliminate…
Full title
A bill to require the Commodity Futures Trading commission to take certain emergency action to eliminate excessive speculation in energy markets.
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Never voted on. It didn't reach a floor vote before the 113th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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SandersSponsor20 cosponsors · 20 D
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Boxer
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Brown
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Baldwin
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Blumenthal
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Cardin
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Franken
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Hirono
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Klobuchar
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Levin
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Markey
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McCaskill
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Merkley
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Manchin
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Nelson
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Rockefeller
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Shaheen
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Schatz
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Whitehouse
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Warren
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Murphy19 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Directs 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 on or through which energy futures or swaps are traded; and (2) eliminate excessive speculation, price distortion, sudden or…
What it does: CRS summary · Introduced in Senate · Jun 26, 2014
Directs 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 on or through which energy futures or swaps are traded; and (2) eliminate excessive speculation, price distortion, sudden or unreasonable fluctuations, or 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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: A bill to require the Commodity Futures Trading commission to take certain emergency action to eliminate excessive speculation in energy markets.
Latest action (Jun 26, 2014): Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Policy area: Finance and Financial Sector · Origin: Senate · Introduced: Jun 26, 2014
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.