Welcome to ThinkProgress Economy’s morning link roundup. This is what we’re reading. Have you seen any interesting news? Let us know in the comments section. You can also follow ThinkProgress Economy on Twitter.
- The House Budget Committee last night approved Chairman Paul Ryan’s (R-WI) budget by one vote, with two Republicans voting against it. [The Hill]
- The Senate cleared a procedural hurdle yesterday on a bill that would weaken important investor protections, but Democrats say that they intend to amend it before it goes to the President. [Politico]
- Goldman Sachs has begun ensuring that internal emails don’t use the term “muppet” or other derogatory terms for customers. [Reuters]
- A district judge rejected Goldman’s request to dismiss a suit claiming that the bank defrauded investors by betting against the same securities it was selling. [Reuters]
- House Republicans yesterday rejected a bipartisan Senate transportation bill, with just 10 days left before the current round of transportation funding runs out. [Washington Post]
- Texas’ 2011 drought is the costliest in the Lone Star state’s history. [Reuters]
- The head of the Commodity Futures Trading Commission said yesterday that a boost to his agency’s budget could help it better police speculation in the oil market. [The Hill]
- One economist believes that the “worst is still to come” for Europe. [CNBC]
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