3 p.m. - Senator unveils U.S. financial regulation plan
WASHINGTON (AP) — A new Democratic Senate bill to tame U.S. financial markets would give the government new powers to break up firms that threaten the economy and would force the industry to pay for its failures. Legislation unveiled Monday by Senate Banking Committee Chairman Christopher Dodd falls shy of the ambitious restructuring of federal financial regulations envisioned by President Barack Obama or contained in legislation already passed in the House. But the bill would still be the biggest overhaul of regulations since the 1930s. It comes 18 months after Wall Street's failures helped plunge the nation into a deep recession. A leaner Federal Reserve would gain new powers to regulate the size and the activities of the nation's largest financial firms. The bill would create a consumer protection bureau within the Federal Reserve to write regulations governing all lending transactions.
» Full Story11:42 a.m. - Governor declares state of emergency
CHARLESTON – Gov. Joe Manchin declared a state of emergency late Friday evening for 34 counties because of anticipated flooding caused by rainfall and snowmelt.
» Full Story2:56 p.m. - Weirton council passes first reading of sewer increase
Weirton City Council, meeting in a special session this afternoon, passed the first reading of an ordinance proposing a rate increase for the city's sanitary customers.
» Full Story4 p.m. - Manchin urges state board to take stand on reforms
CHARLESTON, W.Va. (AP) — Gov. Joe Manchin is challenging West Virginia Board of Education members to take a stand on charter schools and school calendar changes.
» Full Story10:58 a.m. - 7.2 aftershock rocks Chile
SANTIAGO, Chile (AP) — The strongest aftershock since Chile's devastating earthquake rocked the South American country Thursday as President Sebastian Pinera was sworn into office.
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1:53 p.m. - German Catholics to investigate abuse charges
BERLIN (AP) — Catholic authorities in Germany announced two major abuse investigations Wednesday — one into the renowned choir once led by Pope Benedict XVI's brother and another more general look into what everyone, including the pope, knew about...
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