18 May '11, 5pm

Eric Cantor promises oil speculators that republicans will block financial regulations

CANTOR: Now the grow piece, it comes back to what you do here. You provide the center, it’s almost like the center of the universe for liquidity. It is ultimately providing a service to investors and to small business owners at the end to control and predict their risk and try to minimize the cost of goods that they buy and ultimately to lower their costs of operating so that there can be a cheaper outcome whether it is good and capital or what have you. And you’ve managed to be able to serve that function in the CME Group for so much of this country and the world and you’ve also managed to position as a true world leader. We want that in every arena. We want to help you continue to lead for America, that means we gotta do our part when you see the implementation of Dodd-Frank coming at you like a barreling train. We want to help control that so that we can get some sensib...

Full article: http://climateprogress.org/2011/05/18/eric-cantor-oil-spe...

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