A federal court tossed out an appeal on Tuesday from more than 25 hedge fund and investment firms worried of losing money to bigger Wall Street players after the 2008 downfall of Washington Mutual Bank.

Two senators from opposite sides of the aisle want to reel in a catfish inspection program that they say is redundant.

The 2008 farm bill directs the U.S. Department of Agriculture (USDA) to build a program to inspect catfish, even though the Food and Drug Administration (FDA) already reviews the fish. The new USDA program is expected to cost $14 million a year to operate.

That's a waste of government money, say Sens. John McCain (R-Ariz.) and Jeanne Shaheen (D-N.H.).

Citizens for Responsibility and Ethics in Washington (CREW) is suing the Internal Revenue Service, demanding the agency change its requirements for the 501(c)(4) tax-exempt status.

Details of an antitrust lawsuit settlement allowing for Budweiser’s brewer to acquire the maker of Corona were made public Tuesday.

Legislators on the Senate Budget Committee gave a warm welcome to President Obama's nominee for deputy budget director on Tuesday.

Republicans on the panel did not show up to question or oppose Brian Deese, Obama's choice for second in command at the Office of Management and Budget (OMB).

Deese pledged to bring renewed transparency to the regulatory structure, and Democratic lawmakers praised his focus on fiscal soundness and durable economic growth.

The court ruled that the CIA does not have to release photos of Osama bin Laden’s corpse to the public.

“We've found that the FEMA requirements ... seem to be a constantly moving target," said the city of Moore, Okla.

The bipartisan leadership of the House Natural Resources Committee wants the Interior Department to slow down development of revised rules unveiled last week to regulate oil and gas “fracking” on public lands.

The request to quadruple the public comment period from 30 days to 120 days underscores dissatisfaction with the proposal on the left and right, although not for the same reasons.

“We jointly believe that this [30-day] timeframe is unacceptable and not nearly long enough to allow the public to formulate in-depth and constructive comments on this 171 page, complicated rule,” Reps. Doc Hastings (R-Wash.) and Edward Markey (D-Mass.) wrote in a new letter to Interior Secretary Sally Jewell.

Wednesday's Federal Register will announce a number of advisory committees' meetings in the coming weeks. Here they are:

A Legal Services Corporation committee will hold a conference call on May 28 to discuss fundraising policies and other business.