On Thursday, the US House and Senate approved legislation to fund a handful of government departments to the tune of $128bn while other departments will continue to be funded at 2011 levels in the next year, the WSJ reports. The current funding for government operations is due to expire on Friday at midnight. President Obama is expected to sign the legislation by way of direct machine imprint of his signature as he’s currently in Indonesia attending a summit. The bill gives $205m of funding to the CFTC, $100m less than Obama had sought for the agency that is writing rules to implement Dodd-Frank. The agency had been asking for additional funds in order to be able to complete the massive regulatory task it is faced with.
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