The U.S. Senate finally is debating the Class Action Fairness Act , but its passage may be derailed by unrelated amendments. The Associated Press and Reuters have reports on today’s action.
Quote of note (Associated Press): “Democrats are demanding a vote on raising the minimum wage from the $5.15 an hour to $7 over the next few years. They also want a vote on fighting global warming and on extending an assault weapon ban that is to expire this year. Hawaii’s two Democratic senators are pushing legislation that would recognize native Hawaiians as a governing entity. Republican Sen. Larry Craig of Idaho, with Sen. Edward Kennedy, D-Mass., are trying to add a proposal that would give temporary legal status to undocumented farm workers.”
The 10b-5 Daily 