News bites: SEC going after billionaire hedge fund manager

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President Obama and Attorney General Eric Holder have few tools at their disposal to end states' so-called "stand your ground" laws, RegWatch reports.

The Federal Reserve is reconsidering banks' trading of oil, metal and other commodities. Deciding to bar them from the market would be a major change of pace for the central bank, according to Bloomberg, and will be discussed at a Senate subcommittee hearing on Tuesday.

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The Environmental Protection Agency has a new head for its air quality office, replacing new agency administrator Gina McCarthy.

Education Secretary Arne Duncan has harsh words for a rewrite to No Child Left Behind passed by the House on Friday.

House lawmakers are pushing legislation that would block new regulations on hydraulic fracturing, also known as fracking, on public lands.

The Federal Communications Commission issued tougher regulations for a service that helps people with speaking disabilities use the phone.

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