SEC’s Schapiro asks for tougher penalty powers (Reuters)

Reuters - U.S. Securities and Exchange Commission Chairman Mary Schapiro is asking Congress to expand its powers so it can impose tougher financial penalties against wrongdoers on Wall Street.

Deficit Panel Heads Toward Its Likely Demise With Little Drama at the End (CQPolitics.com)

CQPolitics.com - Members of the joint deficit reduction committee were expected to admit defeat in their quest for a budget-cutting deal later Monday, most likely after U.S. stock markets close for the day.

House bills ease SEC rules on raising capital (AP)

AP - The House put aside its differences over how to promote economic growth Thursday to pass two bills making it easier for small, privately owned businesses to raise the capital needed to expand with fewer federal restraints.

Sec’y Clinton relishing life out of public glare (AP)

Secretary of State Hillary Rodham Clinton speaks at the State Department in Washington, Thursday, Oct. 13, 2011, during a luncheon for South Korean President Lee Myung-bak.  (AP Photo/Ann Heisenfelt)AP - Secretary of State Hillary Rodham Clinton insists she's committed to returning to private life after President Barack Obama's first term and says "I think it's time for others to step up."


Pelosi: GOP didn’t object to tea party taunts (AP)

AP - House Democratic Leader Nancy Pelosi says she agrees with protesters from Wall Street to Washington who are saying most of the country isn't getting a fair shake from the financial and political establishments.


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