US Senators press CFTC to curb oil speculation
WASHINGTON, May 26 (Reuters) – U.S. senators, hoping to
rein in high oil and gasoline prices, slammed the U.S. futures
market regulator on Thursday for not moving to crack down on
speculators in commodity markets.
Commodity Futures Trading Commission Chairman Gary Gensler
refused to spell out when the agency would act on a rule to
limit the number of contracts big players can hold in the
country’s commodity markets.
US Senators press CFTC to curb oil speculation
WASHINGTON, May 26 (Reuters) – U.S. senators, hoping to
rein in high oil and gasoline prices, slammed the U.S. futures
market regulator on Thursday for not moving to crack down on
speculators in commodity markets.
Commodity Futures Trading Commission Chairman Gary Gensler
refused to spell out when the agency would act on a rule to
limit the number of contracts big players can hold in the
country’s commodity markets.
Groups fearing superbugs in meat sue FDA
WASHINGTON (Reuters) – A coalition of consumer advocacy groups is suing the Food and Drug Administration to force a ban on antibiotics in animal feed if they are not being used to treat illnesses, claiming they lead to drug-resistant ‘superbugs’.
“We’ve been fighting the nontherapeutic use of antibiotics in livestock for over thirty long years,” Margaret Mellon of the Union of Concerned Scientists said in a statement.
Groups fearing superbugs in meat sue US regulator
WASHINGTON, May 25 (Reuters) – A coalition of consumer
advocacy groups is suing the U.S. Food and Drug Administration
to force a ban on antibiotics in animal feed if they are not
being used to treat illnesses, claiming they lead to
drug-resistant ‘superbugs’.
“We’ve been fighting the nontherapeutic use of antibiotics
in livestock for over thirty long years,” Margaret Mellon of
the Union of Concerned Scientists said in a statement.
Pile of US debt would stretch beyond stratosphere
WASHINGTON, May 19 (Reuters) – President Ronald Reagan once
famously said that a stack of $1,000 bills equivalent to the
U.S. government’s debt would be about 67 miles (108 km) high.
That was 1981. Since then, the national debt has climbed to
$14.3 trillion. In $1,000 bills, it would now be more than 900
miles (1,450 km) tall.
Obama has ‘better stuff’ to do than birth certificate ‘sideshows’
President Barack Obama tried to put the kibosh on birther speculation by releasing his Hawaiian birth certificate and calling questions about the authenticity of the document a distraction from bigger issues by “sideshows and carnival barkers.”
“We do not have time for this kind of silliness,” he said to reporters after the White House released a long-form copy of his birth certificate. Potential Republican presidential candidate Donald Trump stirred up the controversy in recent weeks by demanding Obama prove he was born in Hawaii, not Kenya.
Obama doesn’t drive, but he feels your pain at the pump
President Barack Obama says he sympathizes with the frustration over high gas prices — even though it’s been a while since he’s had to fill a tank.
“I’ll admit to you, it’s been a while since I … filled up at the pump,” Obama joked during a townhall-style event. “Secret Service doesn’t let me get out, and they don’t let me drive anymore.”
At Lincoln Memorial, Obama again makes point that government is open
President Barack Obama has found the monuments of Washington to be quite the picturesque backdrops for making the point that a government shutdown was averted.
Obama surprised visitors at the Lincoln Memorial on Saturday not long after signing a short-term bill to keep the government open. A budget deal was reached shortly before Friday’s midnight deadline.
Freebies offered for a shutdown budget
No work, no trash pick-up, no Circulator bus trips around town, but at least the “non-essential” federal employee can eat like a teenager in a buffet line if the federal government shuts down after the clock hits 12 tonight.
Federal and Washington D.C. government services not deemed essential will close if Congress fails to reach a budget deal before funds run out at midnight. But local restaurants and bars are offering some compensation — deals and freebies for government workers if Republicans and Democrats fail to reach agreement.
Obama issues warning about government shutdown
WASHINGTON (Reuters) – President Barack Obama warned lawmakers on Friday it would be the “height of irresponsibility” to shut the government down over a spending battle, pressuring Republicans not to pursue deeper cuts.
Obama’s comments set the stage for an attempt to blame Republicans should congressional negotiations collapse and the U.S. government run out of cash when a short-term measure expires on April 8.
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