[Congressional Record Volume 154, Number 111 (Tuesday, July 8, 2008)]
[Senate]
[Page S6371]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




               MEASURE PLACED ON THE CALENDAR--H.R. 6377

  Mr. REID. Mr. President, I understand that H.R. 6377 is at the desk, 
and it is due for a second reading.
  The ACTING PRESIDENT pro tempore. The clerk will read the bill by 
title for the second time.
  The assistant legislative clerk read as follows:

       A bill (H.R. 6377) to direct the Commodity Futures Trading 
     Commission to utilize all its authority, including its 
     emergency powers, to curb immediately the role of excessive 
     speculation in any contract market within the jurisdiction 
     and control of the Commodity Futures Trading Commission, on 
     or through which energy futures or swaps are traded, and to 
     eliminate excessive speculation, price distortion, sudden or 
     unreasonable fluctuations or unwarranted changes in prices, 
     or other unlawful activity that is causing major market 
     disturbances that prevent the market from accurately 
     reflecting the forces of supply and demand for energy 
     commodities.

  Mr. REID. Mr. President, I object to any further proceedings on this 
legislation at this time.
  The ACTING PRESIDENT pro tempore. Objection has been heard. The bill 
will be placed on the calendar under rule XIV.




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