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Why ALPA pilots care about derivatives markets
All consumers have felt the pain of high gas prices over the last few years, and understand how those prices restrict their purchases and economic decisions. For airlines, high fuel prices and...
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Amendment to fund CFTC fails in House
Today, Congresswoman Rosa DeLauro (D-CT) offered an amendment to energy legislation on the House floor to provide the Commodity Futures Trading Commission (CFTC) with the funds necessary to comply with...
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73% support more Wall Street regulation
Recently, a poll was conducted to gauge support for the Dodd-Frank Wall Street Reform Act, which became law two years ago. An overwhelming 73% of those polled support the idea that Wall Street needs...
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Fuel prices continue to rise- what can we do about it?
Last week, AAA reported fuel prices are rising, up nearly a quarter from this time last month. Fuel represents an airline’s biggest cost, and as aviation employees ALPA pilots are exceedingly...
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New legislation threatens labor and pension agencies
Today, a coalition of organizations, including many labor groups, sent a letter to Capitol Hill voicing our opposition to S.3468 “The Independent Agency Regulatory Analysis Act of 2012”. ALPA has been...
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Oil Speculation Update: Court Ruling Muddies the Water for CFTC
Recently, the United States District Court for District of Columbia vacated the positions limit rule issued by the Commodity Futures Trading Commission (CFTC). CFTC was charged with developing such a...
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In advance of looming mark-up, ALPA writes Senate in opposition to S. 3468
Today, ALPA sent a letter of opposition regarding S. 3468 – The Independent Agency Regulatory Analysis Act of 2012 Members of the Senate Homeland Security and Governmental Affairs Committee. S. 3468...
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Senator Wyden Calls for Investigation of Oil Market Manipulation
Today, Senator Ron Wyden, Chairman of the Senate Energy and Natural Resources Committee sent a letter to Attorney General Eric Holder asking him to investigate the alleged price manipulation of the oil...
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Proposed legislation regulating independent agencies is flawed
On July 9th, USA Today contributor Darrell Delamaide penned an excellent column regarding recently introduced legislation (S. 1029, the Regulatory Accountability Act of 2013) which seeks to affect the...
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CFTC hearing confronts oil speculation
On Wednesday July 17th, the Senate Agriculture, Nutrition and Forestry Committee held a hearing regarding the reauthorization of the Commodities Futures Trading Commission (CFTC). The CFTC is charged...
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