Sick of high gas prices? Schumer says new FTC appointment would help combat gouging at the pumps

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Outside of a Mobil Gas Station in the West Village on Sunday, Senator Chuck Schumer unveiled his plan to prevent gas price gouging by filling the vacant Federal Trade Commission (FTC) seat this week, allowing for oversight over big oil companies while investigating stock buybacks.

“There is something rotten in the state of Denmark,” Senator Schumer began, quoting Hamlet. “Here in the West Village, in New York, in Long Island, and in the whole country and that’s about gas prices.”