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Supreme Court to Review Campaign Finance Laws; States Can Challenge Banks; Madoff Sentenced to 150 Years in Prison

POSTED: 09:46 AM ET, 06/30/2009 by Sarah Fitzpatrick

Today's Daily Read powered by Publish2. See what else we're reading by subscribing to our GoogleReader feed, or following us on Twitter.

Justices to Review Campaign Finance Laws Washington Post
The Supreme Court announced that it will consider whether to uphold a ban on corporate spending in federal elections, a move that campaign finance experts said could have a dramatic effect on the 2010 and 2012 federal elections.

Court Backs State Oversight of Big Banks Washington Post
The Supreme Court held that states can challenge the practices of national banks in court, a decision that marks a major victory for consumer advocates. Major banks have long argued that only federal bank regulators can compel them to comply with rules meant to protect consumers from potentially unfair lending practices or pursue cases of potential discrimination against minorities.

Report: 10 More to be Charged with Madoff CBS
A person familiar with the investigation tells CBS News that 10 more people are expected to face federal charges by the time the probe into the multibillion-dollar fraud is complete. So far, only Madoff and an accountant accused of failing to make basic auditing checks have been criminally charged. Madoff was sentenced yesterday to 150 years in prison.

Expanded Intelligence Oversight Advised Washington Post
The House Permanent Select Committee on Intelligence has approved legislation intended to strengthen congressional oversight of sensitive intelligence matters, including covert operations.

Detroit Councilwoman Resigns After Admitting Bribery AP
Prosecutors Say Stanford Is Flight Risk WSJ($)
House Probes Resignation at Amtrak WSJ($)
Private Banker Moved Funds Undetected NYT
EPA Names Locations of Hazardous Coal-Ash Piles USAT
Emails Scrutinized in Jefferson Case Times-Picayune
Ex-U. of I. Officer Describes Start of Clout List ChiTrib
Lawsuits Challenge Police 'Scent Lineups' USAT
Oncologist Defends His Work at a V.A. Hospital NYT
D.C. Scam Leader to be Sentenced Today WaPo
Russian in Extradition Battle Says U.S. Agents Violated Law NYT

By Sarah Fitzpatrick |  June 30, 2009; 9:46 AM ET The Daily Read
Previous: Stiff Sentence Urged for Madoff; GE Benefit From Bailout Loophole; Corruption Plays Key Role in Iraqi Justice | Next: CIA Report on Interrogation Expected Today; After Call From Senator's Office, Small Hawaii Bank Got U.S. Aid; Social Security Audit Finds Dead People Getting Checks

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