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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Defying a veto threat from President  George W. Bush, a U.S. Senate panel overwhelmingly approved a  bill on Thursday to finance expansion of a children&#39;s health  care program with an increase in tobacco taxes.
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The Senate voted to make it easier for thousands of homeowners with ballooning interest rates to refinance into federally insured loans
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A divided Senate approved an &#36;800 billion increase in the federal debt limit Wednesday, a major boost in borrowing that Sen. John Kerry and other Democrats blamed on the fiscal policies of President Bush.
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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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Democrats in the U.S. House of Representatives introduced a bill on Friday that would more than double taxes on the pay of managers of private equity funds, hedge funds and other investment partnerships.
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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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A divided US Senate approved an $800 billion increase in the federal debt limit Wednesday, a major boost in borrowing that Sen. John Kerry and other Democrats
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U.S. President George W. Bush issued an order on Wednesday to clarify procedures for a law strengthening national security reviews of foreign deals, and said the United States welcomed foreign investment.
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The Senate voted Thursday to lift restrictions on family planning aid to overseas health organizations that perform abortions or promote the procedure as a method of family planning.
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California's Senate  passed a bill on Wednesday night aimed at increasing  competition among cable television providers and easing the  ability of telephone companies to enter the market.
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The Senate on Tuesday approved new rules for government eavesdropping on phone calls and e-mails, giving the White House much of the latitude it wanted and granting legal immunity to telecommunications companies that helped in the snooping after the Sept. 11 terrorist attacks.
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New York - The Securities and Exchange Commission (SEC) released its 160-page rule extending its oversight to the $866 billion (R5.02 trillion) hedge fund industry more than a month after commissioners narrowly backed the move in a 3-2 vote.
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GOVERNMENT:The legislation, expected to pass the Senate today, creates a national intelligence director who will oversee more than a dozen agencies.
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Top House Democrats today introduced wide-ranging legislation that would more than double the tax rate that private equity firms, venture capital funds and many hedge funds pay on their gains.
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OCEANSIDE, California  - California's Senate   passed a bill on Wednesday night aimed at increasing   competition among cable television providers and easing the   ability of telephone companies to enter the market.
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The Senate on Tuesday approved new rules for government eavesdropping on phone calls and e-mails, giving the White House much of the latitude it wanted and granting legal immunity to telecommunications companies