Gary Gensler, a veteran Treasury Department official tapped this week by President-elect Barack Obama to head the Commodity Futures Trading Commission, could face tough questions at confirmation hearings about his role in enacting a law exempting credit default swaps from regulation.

President-elect Barack Obama promised on Thursday to strengthen financial regulatory agencies and crack down on runaway "greed and scheming" in an effort to restore stability to a reeling U.S. economic system.

The virtual world of the Internet has become a hotbed of activity designed to ease the real-world pollution problem. The Chicago Climate Exchange, or CCX, is a regulated exchange whose members are committed to cutting their emissions. It is the only cap-and-trade system in North America for six greenhouse gases.

The virtual world of the Internet has become a hotbed of activity designed to ease the real-world pollution problem. The Chicago Climate Exchange, or CCX, is a regulated exchange whose members are committed to cutting their emissions. It is the only cap-and-trade system in North America for six greenhouse gases.

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