Sen. Sanders Asks President Obama to Replace CFTC Chairman
WASHINGTON,ย June 4 – Sen. Bernie Sanders (I-Vt.) today urged President Barack Obama toย replace Gary Gensler as the Commodity Futures Trading Commission chairman withย someone who will enforce speculation limits on Wall Street oil and gas traders. Sanders saidย Wall Street speculators were responsible for a spike in crude oil prices that,ย in turn, artificially drove up gasoline prices this spring to a nationwideย average