EXCLUSIVE: Eric Cantor Promises Oil Speculators That Republicans Will Block Financial Regulations
By Lee Fang on May 18th, 2011 at 11:30 am
Yesterday morning, House Majority Leader Rep. Eric Cantor (R-VA) visited the Chicago headquarters of the CME Group, “the world’s largest owner and operator” of private exchanges for derivatives products. CME Group specializes in a number of markets, including trading futures contracts for various blends of crude oil and food commodities. Cantor met with executives, and at one point, gave brief remarks before CME Group employees and various commodity speculators.