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Lawmakers Launch Crucial Debate Over Immigration

A U.S. Senate committee on Thursday launched a weeks-long effort to pass a comprehensive immigration bill with a warning from the panel's top Republican that he would make the process as long and "arduous'' as possible."I plan to ask many questions throughout this process,'' Iowa Senator Charles Grassley warned the Democratic-controlled Senate Judiciary Committee. "I want to know how the bill doesn't repeat the mistakes of the past.'' Grassley, in a statement, promised an ``arduous'' and ``robust'' debate.An outspoken critic of comprehensive immigration legislation, Grassley has introduced nearly 80 amendments, many of them inevitably objectionable to the sponsors of the measure and to President Barack Obama, for whom immigration law reform is a top priority.The opening day reflected both the deep divisions and high hopes surrounding a measure that would put 11 million illegal residents on a path to citizenship and totally revamp the criteria for who gets into the United States and for...

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  1. Immigration Debate Shifts With New Data

    Reams of new economic data that seem to dispel many of the long-held fears tied to immigration are clearly forcing Congress to stop dragging its feet on the complica...

  2. Banks, Shareholders to Square Off After Battle Over Proxy Resolutions

    The biggest U.S. banks will square off with shareholders this spring on everything from chairman independence to executive share ownership despite the banks' efforts...

  3. JPMorgan board "strongly endorses" dual role for Dimon

    The board of directors of JPMorgan Chase & Co said on Friday it "strongly endorses" keeping Jamie Dimon as both their chairman and chief executive of the company.The...

  4. Chase Board: Don't Split Chair, CEO Roles

    Directors at J.P. Morgan Chase (NYSE:JPM) pushed back on Friday against calls to separate the banking giant's CEO and chairman titles, saying the current board struc...

  5. Gasparino: Goldman Publicly Supports Gay Marriage

    FBN's Charlie Gasparino argues some employees question if Goldman Sachs should support social issues.

  6. SEC Allows Big Banks to Block Shareholder Vote on Potential Breakups

    Securities regulators sided with four of the nation's largest banks in their efforts to fend off shareholder proposals to require J.P. Morgan Chase & Co. (JPM), Bank...

  7. U.S. regulator sides with big banks on avoiding break-up votes

    U.S. regulators have agreed with four of the country's biggest banks that they will not have to hold shareholder votes at upcoming annual meetings over whether the i...

  8. SEC Allows Citi to Block Holder Vote on Potential Break

    Regulators sided with Citigroup Inc. (C) in the bank's effort to fight off a shareholder proposal to require Citi to explore splitting up.The proposal, submitted by ...

  9. Treasury Secretary Lew Meets With Labor, Civil Rights Groups

    Treasury Secretary Jacob Lew Monday met with labor leaders, civil rights groups and left-leaning think tanks to discuss the economy, the first such meeting at Treasu...

  10. Goldman Loses Battle on Proxy Vote

    Goldman Sachs Group Inc. (GS) lost its attempt to block a shareholder proposal from its upcoming proxy, clearing the way for a shareholder vote on whether the compan...

  11. Citigroup Chairman Not Pushing Bank Breakup

    Even thinking about breaking up is hard to do. Just ask Citigroup Inc.Michael E. O'Neill was among a small group of directors who after the financial crisis urged th...

  12. Would Approval of Keystone XL Pipeline Help or Hurt U.S. Energy?

    Public Citizen’s Tyson Slocum, Energy Magazine’s Rick Slemaker and Washington Examiner’s Byron York debate whether the Keystone XL pipeline should be approved.

  1. Investors may lobby JPMorgan to clip Dimon's wings if vote fails

    JPMorgan Chase & Co's Jamie Dimon may be losing ground in his fight to keep the title of chairman, as some major investors push for more oversight of the chief execu...

  2. GE shareholders reject proposal to split chairman, CEO jobs

    General Electric Co shareholders rejected a proposal to split the roles of chairman and chief executive, jobs currently held by Jeff Immelt, GE said on Wednesday.The...

  3. GE shareholders reject proposal to split chairman, CEO roles

    General Electric Co shareholders rejected a proposal on Wednesday to split the roles of chairman and chief executive, jobs currently held by Jeff Immelt.The proposal...

  4. JPMorgan investors urge split of chairman, CEO roles in letter

    JPMorgan Chase & Co should split the roles of chairman and chief executive officer to restore credibility with regulators and manage the bank more effectively, a gro...

  5. Analysis: JPMorgan's lukewarm results put Dimon under more pressure

    JPMorgan Chase & Co Chairman and CEO Jamie Dimon, who came through the financial crisis relatively unscathed, is suddenly looking a little less secure.The top U.S. b...

  6. Goldman Sets Deal on Independent Chairman Bid

    After losing its battle with regulators to keep an independent chairman proposal off its proxy, Goldman Sachs Group Inc. (GS) got a reprieve from a shareholder group...

  7. Goldman Director Stephen Friedman to Retire Before 2013 Meeting -Filing

    Goldman Sachs Group Inc. (GS) said director Stephen Friedman will retire before the firm's annual shareholder meeting in May, cutting the board's membership to 12 fr...

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