The Senate will vote on legislation that would beef up the Federal Trade Commission’s authority to go after gasoline price manipulation, Senate Majority Leader Chuck Schumer said Thursday, as Democrats seek to tame sky-high gasoline prices that jeopardize their chances of keeping control of Congress after the November election.
The bill would require the support of at least 10 Republicans in the evenly divided Senate, an unlikely prospect considering GOP lawmakers blame high fuel prices on Democratic policies. Schumer said moving the legislation to the floor would force Republicans to choose sides between big oil or consumers.
