In an interview on The Real News Network, Robert Pollin, economics professor and co-director of the Political Economy Research Institute (PERI), discusses federal regulation of derivatives with regard to the commodities market. Bills that would help to regulate this market, including food and oil prices, are being debated now by both the Senate and the House. Pollin favors a legally tight version of the Senate bill. In his opinion this would be an effective response to the severe speculation that has surrounded the commodities future market since its deregulation in 2000. (Therealnews.com, 6/16/10)