Senate expands investment review powers
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The government would gain broader powers to review foreign investment in power plants, ports and other facilities that could be vulnerable to terror attacks under a bill approved by the Senate.
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Over objections from the Bush administration, a Senate committee adopted legislation to extend the authority of the Consumer Product Safety Commission and increase its budget.
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The Senate passed a bill early Friday to increase aid to college students.
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The rise of Caribbean tax havens coincides with recent calls by American legislators for greater oversight and taxation of hedge funds.
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Legislation that would increase retirement benefits for more than 5,000 assistant U.S. attorneys -- putting their pensions on par with federal law enforcement officers -- has been introduced in Congress.
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The Senate on Friday overwhelmingly passed legislation to expand the nation's largest federal homeownership program in a move that could help struggling subprime borrowers avoid foreclosure.
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The widening U.S. housing finance  crisis prompted calls in Congress on Thursday for new scrutiny  of bond insurers and credit raters, while Senate Democrats  offered a rescue plan for troubled homeowners.
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The U.S. government has been increasing its use of the state secrets privilege to avoid disclosure of classified information in civil lawsuits, prompting legislation in the Senate that would provide more congressional oversight of the practice.
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What a difference a midterm election makes -- or so it seems at some firms and trade groups scurrying to bolster their bipartisan credentials. But the folks at the Investment Company Institute, the trade association for the mutual fund industry, say their recent Democratic hire just maintains the...
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WASHINGTON - The Senate, in an unusual Sunday session, saw its effort to pass a sweeping corporate tax bill grind to a halt in the face of delaying tactics by a Louisiana senator upset that the measure did not include pay support for members of the Reserves and National Guard.    By a 66-14 vote, lawmakers did agree to limit debate on the tax bill, which provides $136 billion in new tax breaks for businesses $10.1 billion to buy out tobacco farmers' government quotas...
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The Senate on Thursday approved and  sent to President George W. Bush legislation to shore up  beleaguered corporate pensions and stabilize the deficit-ridden  federal program that insures them.
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Brushing aside threats of a presidential veto, a Senate committee on Thursday overwhelmingly approved a five-year, $35 billion expansion of a children's health insurance program that would be financed through higher tobacco taxes
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With the U.S. government fast approaching its current $8.965 trillion credit limit, the Senate on Thursday gave final congressional approval of an $850 billion increase in U.S. borrowing authority.
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The U.S. Senate on Wednesday backed  a Democratic-sponsored measure that would give new labor  protections to airport screeners while seeking to address White  House concerns that federal authorities have flexibility to  respond to security threats.
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U.S. Sen. Christopher Dodd, chairman of the Senate Banking Committee, said on Tuesday he plans to look at the potential impact of legislation that would sharply raise taxes on private equity firms going public, such as Blackstone Group LP .
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The Senate on Friday overwhelmingly  passed legislation to expand the nation's largest federal  homeownership program in a move that could help struggling  subprime borrowers avoid foreclosure.
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A  rule change  proposed by the Federal Election Commission yesterday could substantially enhance the clout of the nation's business lobbies, campaign-finance lawyers said.