Regulatory Overlap: Some members of the U.S. Senate are proposing legislation to clear up a regulatory overlap that the courts created when they ruled that pesticide spraying is subject to rules under two different statutes. Already there has been confusion on food labeling issues between the Food and Drug Administration and the Federal Trade Commission. Now the Federal Energy Regulatory Commission is being asked how it can fine a hedge fund trader when his futures market participation is regulated by the Commodity Futures Trading Commission. In short, government overreach and regulatory overlap are creating inefficiencies and thus losses to the economy.Phantom Fuels: Also being pushed in the U.S. Senate is new legislation that would requ...