US lawmaker says decided against asbestos subpoena

Newswire

WASHINGTON, July 28 (Reuters) - The chairman of the Senate Judiciary Committee said on Thursday he had decided against seeking to subpoena companies facing asbestos lawsuits, backing off the threatened action for the second time in a month. Sen. Arlen Specter, a Pennsylvania Republican, denied he had floated the subpoena threat to press companies into providing information he wanted about how they would finance a proposed $140 billion asbestos victims' compensation fund. "It was a ...

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