"So that is a huge influence on the market."
"Our hearings gathered compelling evidence that excessive speculation in futures markets was a significant factor pushing up oil and agricultural commodity prices."
"To combat the effect that speculation has in our oil and agricultural commodity markets, I have introduced the Commodity Speculation Reform Act."
"I personally believe that while I commend the Commission for looking at regulatory reforms, we also need to legislate in this area."
"The data and analysis they have presented make another compelling case that excessive speculation has caused our commodity markets to become unmoored from those who actually make their livelihoods usi..."
"Well, I certainly want to give you that authority."
"I certainly hope that you will. I do not think it makes sense--even though I have great respect for the exchanges--to delegate that authority."
"The problem is if it has an impact on the market as a whole."
"I would like to encourage you to take a look at."
"It is my understanding that the exemptions permitted four of the swap dealers to exceed that limit."
"I think that there is a very strong logic that whatever position limits we have be consistently applied across the markets."