Hillary Clinton chose her running partner Friday evening. » Read More
The House has passed a $26 billion jobs bill to protect 300,000 teachers and other nonfederal government workers from election-year layoffs.
With a Ford Motor assembly plant as the setting, President Barack Obama is arguing anew that his politically risky decision to bail out the auto industry saved it from collapse.
As the markets and businesses delve into the recent major pieces of legislation, they find the bills contained onerous provisions that mandate non-economic activity and increases in costs.
Now here's a real Democratic supply-side reformer in the John Kennedy tradition. Sen. Bayh has explicitly chosen growth over class warfare.
President Barack Obama is stepping up his fundraising efforts as the midterm elections draw closer and Democrats need money to battle a Republican Party energized in part by voter concern over government spending and regulations.
Under little-noticed new provisions of the Dodd-Frank Wall Street reform law, whistleblowers who alert the SEC to potential fraud will for the first time be entitled to collect between 10- and- 30 percent of the money recovered by the government.
The liberal tax revolt, as the Wall Street Journal is calling it, is a very important topic —especially for investors and small-business entrepreneurs. And for new jobs.
Democratic New York Rep. Charles Rangel says he looks forward to next week's meeting of the House Ethics Committee, where allegations against him will be aired publicly for the first time.
President Barack Obama says new revelations of big bank bonuses underscore the need for the financial regulation bill he signed into law this week.
From now until Nov. 2, everything coming from Washington will be aimed at the crucial House and Senate elections, which have the potential to be a tsunami, like the one in 1994 that swept Newt Gingrich to power in the House.
Lawmakers take contributions every day from corporate executives and lobbyists hoping for their votes. The question of whether that represents business as usual in Washington or an ethics breach is at the heart of a far-reaching Congressional ethics investigation that is stirring concerns throughout Washington and Wall Street.
With the final financial regulation vote just hours away, Sen. Bob Corker, (R-Tennessee), told CNBC Thursday that President Obama lacked the leadership skills needed to create jobs and to drive the country out of the recession.
Democratic senators in the US are calling for an investigation into BP’s business interests in Libya, accusing the British oil company of being part of a deal to free a convicted terrorist in return for oil licences.
The start of the third quarter has been good for stocks—the S&P 500 is up 4.6 percent so far in July. Unfortunately, with the exception of July 1, volume has been very light--Friday was the lightest volume day of the year at the NYSE.
Congress is likely to keep the Bush tax cuts for taxpayers making $250,000 and below, Sen. Byron Dorgan (D-ND) told CNBC Friday.
The government should extend the Bush tax cuts to put money to work and help share prices, Dennis Gartman, founder of The Gartman Letter, told CNBC Wednesday.
Republican Congressman and House Ways and Means Committee member Paul Ryan spoke with Maria Bartiromo yesterday about the current economic crisis, and spoke frankly about how he feels Washington is running the country.
Even as most Americans got ready to face the July 4th holiday weekend traffic, members of the United States Congress had already left town.
Don’t you just love political cross dressing? Last night on CNBC my old boss David Stockman was totally root-canalled as he called for higher taxes and lower spending. Right on spending, but wrong on taxes.
Seizing on a political opportunity, President Barack Obama on Wednesday lashed out at Republicans as out of touch with the daily problems of Americans, hoping to sharpen the contrast with the opposition party as midterm elections loom and economic anxiety still runs high.