Commodities Trading Commission News Today : Breaking News, Live Updates & Top Stories | Vimarsana

we got a reminder that gas high are at a record. double what they were a little more than 1 1/2 years ago. and going still higher. i talked to a key oil analyst on fox business, which ifdown don't get you should demand because he had the bad news of imparting the fact that $5 gas is inevitable. for a dozen states in this country, indeed it is. $6 gas is the next stop after that. and then the best you could hope for is that that momentum slows. all of this happening the same day seven states across the country are having crucial primaries that could decide the table setting we'll have...

That means selling assets, businesses or entirely restructuring. we are going to be looking out for different motions they are bringing to the floor to keep the day-to-day operations afloat. >> what about the senate hearing on ftx? what are they looking into? >> that's the first attempt by lawmakers to see what led to the sudden collapse of the world's biggest crypto exchange, and the first witness is the chairman of the u.s. commodities trading commission, and he has been vocal about his experience with sam bankman-fried. he pointed out one of the few ftx owned properties that didn't go bankr...

Work for cryptocurrencies and block chain technologies. some regulated by the sec so it's under the irs. i believe and so does senator loomis figure this is the best way forward so consumers will know that in the united states there's basic consumer protection and it's a market worth investing many. >> neil: senator loomis, your colleague was talking about the commodities trading commission overseeing this and not the sec who has been a vocal critic of this whole investment rogue arena if you want to put it that way. was that by design that the sec is less controversial policing it or what? >>...

Anywhere else. to me that's just a ridiculous amendment. >> i think what we're trying to point out is refute the republicans' charges. they're saying it creates jobs it's good for our energy policies it's all these things that it's not. so i think the amendment process will point out the real weakness of this legislation. >> senator cardin good to have you with us tonight. thanks so much. >> thank you. let me bring in bart shelton, the former commissioner of the commodities trading commission and also from the league of women voters. bart, will this project lower gas prices? america? will co...

We have gary ginsler and i like to liken him as the superman of the financial reform. and all we're going to be left with at the cftc is like aqua man, gary ginsler is the savor of kittens, he came from wall street, but he has used that knowledge for good. >> i wrote a column in the -- this golden sack stooge, what the heck, he's retrade from wall street. the guy has been incredible, he's been the best regulator we have had. i was completely wrong.