I will add that in the time of rising prices, because of reasons it would be particularly unhelpful if there were manipulation in the markets that you're describing. So I think Ensuring that the CFTC is able to police effectively its markets, be it the enforcement program or market surveillance, I think that's the kind of thing that the agency can do and I think that's the capability that Congress should ensure that it has. Yes, the CFTC needs to have adequate resources and staffing to fulfill its core mission and the committee needs to ensure that the CFTC's focus is its core mission, which is ensuring that prices for commodities reflect supply and demand and not excessive speculation. (02:07–02:24)
CLAIM
Asserts that Congress should ensure the CFTC has the capability to effectively police its markets.
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