Kagan, Day Three: Members of the Senate Judiciary Committee questioning Elena Kagan on Wednesday frequently found themselves in sharp disagreement with the U.S. Supreme Court nominee, who continued to resist attempts to define her views, The National Law Journal reports.
Financial Overhaul: The House on Wednesday adopted legislation to revamp the nation’s financial regulatory system, voting mostly along party lines as partisan acrimony impeded cooperation even on the shared goals of averting future economic crises, The New York Times reports.
Investigation Reopened: Police in Portland, Ore., are reopening an investigation over allegations that former Vice President Al Gore fondled a masseuse in a hotel in 2006, according to The Wall Street Journal.
Revolving Door: The hedge fund industry's latest attempt at making nice with U.S. securities regulators appears to involve going out and hiring former regulators of their own, Reuters reports.
New BP Suit: Endangered sea turtles are being killed in BP’s “controlled burns” in the Gulf of Mexico, wildlife activists said in a lawsuit, according to Bloomberg.
No Tip for Tipsters? Whistleblowers are entitled to as much as 30 percent of the proceeds from recovered taxes. But the new manual says that the rule won't apply if, instead of yielding a payment to the IRS, the tip stops a refund or reduces a credit, the Washington Post reports.