What: All Issues : Government Checks on Corporate Power : Utility Industry : S 517. National Energy Plan/Vote to Table (Kill) an Amendment Designed to Weaken Public Scrutiny of Metal Derivatives Market.
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S 517. National Energy Plan/Vote to Table (Kill) an Amendment Designed to Weaken Public Scrutiny of Metal Derivatives Market.
senate Roll Call 60     Apr 09, 2002
Y = Conservative
N = Progressive
Winning Side:
Conservative

Feinstein (D-CA) proposed an amendment to the Democrats' national energy plan that would once again put the Commodity Futures Trading Commission in charge of overseeing the energy derivatives market. California had been hardest hit by the free-wheeling style of energy companies like Enron. Feinstein's amendment received broad Progressive support for its efforts to impose regulation on a corporate sector many felt had gotten out of control. Reid (R-NV) attempted to amend Feinstein's initiative to exempt metals derivatives. Feinstein responded by moving to table (kill) Reid's amendment. A vote for tabling was therefore a vote for Feinstein's system of regulation. With almost all Republicans and several Democrats opposing it, the motion to table fell, 40-59.

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