CFTC to face more scrutiny from House Republicans
News Article
February 8, 2011
The CFTC will face heightened scrutiny this year from the lawmakers who control its budget, the head of a congressional spending panel said on Tuesday.
Republican Representative Jack Kingston, who chairs the House Agriculture Appropriations subcommittee, said he would examine the CFTC's requested budget increase to implement the Dodd-Frank financial reforms, which passed Congress last year over almost unanimous Republican opposition
Top lawmakers on that panel have said the agency is sacrificing quality for speed as it races to write dozens of regulations to implement its share of financial reforms.
Cross References
Dodd-Frank Act, Title VII