Laws and Legislation
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NEW YORK, May 21- U.S. prosecutors are considering charging Steven A. Cohen's SAC Capital Advisors as a criminal enterprise engaged in a long pattern of insider trading in stocks, according to a person familiar with the matter. Attorney Preet Bharara declined to comment, as did a spokesman for the Justice Department.
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WASHINGTON, May 21- President Barack Obama on Tuesday welcomed passage of a bill to reform U.S. immigration policies by a Senate committee, describing it as consistent with the values he supported and well placed to fix a "broken" system.
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NEW YORK, May 21- U.S. prosecutors are considering charging Steven A. Cohen's SAC Capital Advisors as a criminal enterprise engaged in a long pattern of insider trading in stocks, according to a person familiar with the matter. Attorney Preet Bharara declined to comment, as did a spokesman for the Justice Department.
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WASHINGTON, May 21- The White House has threatened to veto legislation pending in the U.S House of Representatives that could strip from President Barack Obama the authority to approve the controversial Keystone XL pipeline.
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CNBC's John Harwood reports IRS acting commissioner Steven Miller said he was "not politically motivated in targeting conservative groups" today on the Hill.
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Apple CEO Tim Cook is testifying on Capitol Hill today as Senate investigators accuse the tech giant of using a complicated system to shield billions of dollars in overseas profits. CNBC's Eamon Javers has the details.
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New York Fed President William Dudley says uncertainty about QE is keeping the Fed cautious, reports CNBC's Steve Liesman.
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The U.S. Interior Department must consider anew whether a federal law on land acquisitions by the Tohono O'odham Nation prohibits adding its planned casino site to the tribe's reservation because the site is surrounded by the city of Glendale, a 9th U.S. Circuit Court of Appeals panel said in a 2-1 ruling Monday.
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OSHA found it violated the whistleblower protections of the Energy Reorganization Act, OSHA said Monday. "Professionals who work in the nuclear power industry have a right and responsibility to express their professional opinion and report safety-related concerns," OSHA acting regional administrator Marcia Drumm said in a news release. "
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TRENTON, N.J.-- A proposal to let voters decide whether to direct a fraction of sales tax revenues toward land preservation for the next 30 years cleared another hurdle Monday when a New Jersey Senate committee signed off on legislation to put the question on the ballot this November. The Senate panel voted 4 to 1 to advance the measure.
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David Walker, Comeback America Initiative, explains his plan to reform the nation's tax code which would put the top rate at 25% and broaden the base.
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Tim Cook plans to propose tax changes that encourages firms to bring home more of their offshore funds, reports CNBC's Eamon Javers.
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Republicans target Health and Human Services Secretary Kathleen Sebelius for her soliciting of funds on behalf of a non-profit group, called Enroll America, from two private entities.
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Squawk Box Europe anchors discuss corporate tax following the news that Apple may have avoided paying its "fair share".
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WASHINGTON, May 21- With the White House already reeling from three major controversies, some Republican lawmakers are zeroing in on what they perceive is another possible scandal tied to President Barack Obama's landmark health reform law just as it nears implementation.
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WASHINGTON, May 20- The U.S. Supreme Court agreed on Monday to weigh whether federal law prevented a customer from suing an airline for kicking him out of its frequent flyer program for allegedly complaining too frequently about the service.
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SAC Capital is under investigation for insider trading, and its founder Steve Cohen has received a subpoena to testify about his company before a grand jury, reports CNBC's Kate Kelly.
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Apple's CEO Tim Cook will testify on Capitol Hill on Tuesday over corporate tax laws, reports CNBC's Eamon Javers. Michael Santoli, Yahoo! Finance and Ben Parr, CNET, provide perspective.
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Bryan Shaw plead guilty to conspiring to commit securities fraud in the KPMG case, reports CNBC's Jane Wells.
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Brian Shaw is expected to plead guilty for allegedly trading on inside information he received, reports CNBC's Jane Wells.