WASHINGTON, June 19 (UPI) -- A U.S. House panel cut funding for the Commodity Futures Trading Commission Tuesday, despite new mandates given the agency by the Dodd-Frank finance law.
The House Appropriations Committee, made up of 29 Republicans and 21 Democrats, voted 27-19 to budget $180 million for the commission, which ran with a $205 million allocation in 2012.