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Senate Committee Advances Fuel Markets Bill

May 26, 2022

Legislation designed to enhance market transparency and direct the Federal Trade Commission to prevent fraud or manipulation linked to inflating gasoline prices was approved by a Senate panel.

The Commerce Committee on May 25 voted along party lines to advance the Transportation Fuel Market Transparency Act. Sen. Maria Cantwell (D-Wash.), the committee’s chairwoman and sponsor of the bill, expressed a sense of urgency ahead of the measure’s consideration.

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