S 1850 · 118th Congress · Finance and Financial Sector

APEX Act

Introduced 2023-06-07· Sponsored by Sen. Baldwin, Tammy [D-WI]· Senate

Bill Progress

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Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.(2023-06-07)

Plain Language Summary

[AI summary unavailable — showing source text] Aluminum Pricing Examination Act or the APEX Act This bill extends the jurisdiction of the Commodity Futures Trading Commission (CFTC) to include the markets for aluminum premiums. Specifically, the CFTC has jurisdiction over (1) the process and manner in which reference prices for such premiums are set or reported, and (2) whether the mechanism for setting such reference prices is fair and transparent. Additionally, the CFTC must consult with the Department of Justice regarding relevant information, including allegations of anticompetitive conduct.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Republican
Sen. Cotton, Tom [R-AR]AR