Now in GOP crosshairs: Commodities

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Image from a quicklink Leery of mounting a frontal assault on Wall Street reforms, House Republicans have opted for a guerrilla-style war on the Commodity Futures Trading Commission even as it struggles with a new mandate to regulate the famously rich and wild swaps market... All this comes as political contributions from the securities and investment industry, with a major stake in the derivatives market, have tilted dramatically to the GOP. And among the lead beneficiaries is House Speaker John Boehner (R-Ohio), who collected tens of thousands of dollars from Wall Street partners in just a few days last June.

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