News bites: SEC going after billionaire hedge fund manager

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President Obama and Attorney General Eric HolderEric Himpton HolderFlake's anti-Trump speech will make a lot of noise, but not much sense Former Fox News correspondent James Rosen left amid harassment allegations: report Issa retiring from Congress MORE 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 McCarthyGina McCarthyThe media’s tactics to silence science at Trump’s EPA Overnight Energy: EPA releases ozone findings | Lawmakers come out against Perry grid plan | Kids sue Trump on climate change Congress must come to terms on climate change regulation MORE.

Education Secretary Arne DuncanArne Starkey DuncanTrump administration is putting profits over students Chicago to make future plans a graduation requirement: report Top Education official resigned over dispute with DeVos: report MORE 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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