News bites: SEC going after billionaire hedge fund manager

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President Obama and Attorney General Eric HolderEric H. HolderMothers of the Movement: Hillary ‘isn’t afraid to say Black Lives Matter’ The Trail 2016: One large crack in the glass ceiling Airbnb race controversy hits Dem convention 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 McCarthyConvention shows Democrats support fracking, activists on the fringe Overnight Energy: Officials close in on new global emissions deal EPA chief: US, negotiators nearing new emissions deal MORE.

Education Secretary Arne DuncanArne DuncanIn search of the surest Common Core exit route The opt-out movement and the coddling epidemic Senate approves Obama education chief 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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