Two global banks and more than a dozen hedge funds misused a complex financial structure to claim billions of dollars in unjustified tax savings and to avoid leverage limits that protect the financial system from risky debt, an investigation directed by Sen. Levin found.
Issues in Focus
Today in the SenateSeptember 8, 2014:
On Monday, September 8, at 2:00 p.m., following any Leader remarks, there will be a period of morning business until 5:30 p.m. with senators permitted to speak therein for up to 10 minutes each, with the time equally divided and controlled between the two Leaders or their designees.
At 5:30 p.m., the Senate will resume consideration of the nomination of Jill A.Pryor to be U.S. Circuit Judge for the Eleventh Circuit, and immediately proceed to vote on confirmation of the nomination.