Bernanke/Paulson Hearing Highlighted Need for Regulation (Rep. Lincoln Davis)

July 11th, 2008

I am deeply concerned that some of the hedge funds’ sources of their dollars that are loaned in through the futures market are influencing oil prices.  They may be influencing food prices as well.  I also have some concerns that maybe some of those hedge fund dollars are being supplied by countries who have sovereign trust funds.  I would like to see more regulation especially in that area, and I hope that we can see that forthcoming.


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By Tenn. Dem. Rep. Lincoln Davis