Hampton Pearson is CNBC's Washington, D.C., reporter covering economic, financial and political news from the nation's capital. Since joining CNBC in the summer of 1995, Pearson has reported extensively on the Microsoft anti-trust trial, provided the first live reports of the Capital Hill shooting of two police officers and had in-depth coverage of the nationwide United Parcel Service strike. In addition, Pearson regularly reports on the White House, Congress, the Federal Reserve, and a host of legislative and regulatory issues of vital concern to CNBC viewers.
In 2004, Pearson was nominated for a Business News Emmy Award by the National Academy of Television Arts and Sciences, for a series of reports on medical device technology.
Prior to joining CNBC, Pearson was chief political reporter for WBZ-TV in Boston from 1987 to 1995, covering local, state and national politics, as well as world events. Additionally, he has been a reporter/producer for the Washington bureau of CBS News and reporter/bureau chief for KRON-TV, San Francisco, where he won a local Emmy Award for Best News Feature in 1984. Pearson has also been a weekend anchor in Milwaukee and San Francisco. He has been covering key presidential news events, including campaigns, inaugurations and summit meetings since 1976.
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Not everything will come to a halt right away but hundreds of thousands of government workers will be placed on unpaid leave, reports CNBC's Hampton Pearson.
As the investigation in the Navy Yard shooting moves into the evidence gathering phase, CNBC's Eamon Javers reports the names of the victims. CNBC's Hampton Pearson provides insight on what goes into giving contract workers clearances at military bases.
CNBC's Hampton Pearson breaks down the latest numbers on housing. CNBC's Steve Liesman provides insight on how higher interest rates will likely impact the Fed's decision on tapering. Also, Randy Kroszner explains why he is expecting the Fed to "step down and pause," not taper.
CNBC's Hampton Pearson reports the latest from the Fed, which said it will continue to buy agency mortgage-backed securities at rate of $40 billion per month and longer-term Treasurys at a rate of $45 billion per month. The Fed sees downside risks to economy and the labor market as having diminished.