U.S. Democrats seek $1bln to fight oil, gas, drug price gouging -Schumer

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U.S. Senate Democrats hold weekly policy lunch at U.S. Capitol in Washington

WASHINGTON – U.S. Senate Democrats are seeking $1 billon for the Federal Trade Commission to crack down on companies that gouge consumers in the oil, gas, medicine and other sectors, Senate Majority Leader Chuck Schumer said in a letter on Monday.

(Reporting by Richard Cowan; writing by Susan Heavey; Editing by Doina Chiacu)


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