In a sign of Wall Street’s resurgent influence, bank lobbyists are aiding lawmakers in preparing legislation that softens regulations of the financial industry.» Read More
In a sign of Wall Street’s resurgent influence, bank lobbyists are aiding lawmakers in preparing legislation that softens regulations of the financial industry.
Immigration reform takes a big step to becoming law, but some experts worry that the emphasis on security could create a demilitarized zone.
Lois Lerner, the IRS official whose unit is at the center of the alleged Tea Party targeting, has been placed on administrative leave and an acting director has been named.
The Republican-dominated House of Representatives on Thursday voted to switch federal student loan interest rates to a market-based system.
President Obama is giving a speech on counterterrorism in Washington, specifically addressing the use of drones, with CNBC's John Harwood.
The loss of manufacturing jobs and declining populations in Rust Belt cities have intensified efforts to attract new immigrant entrepreneurs.
Facing a deadline in which federal loan rates would double for 7 million college students, the House is ready to pass legislation that links student loan rates to the markets.
The House of Representatives approved a bill as expected on Wednesday declaring that a presidential permit was not needed to approve the Canada-to-Nebraska leg of the Keystone XL oil pipeline.
'A number of participants' on the FOMC this month favored slowing the Fed's efforts to maintain record-low long-term interest rates as early as summer.
The IRS official at the center of a tax scandal about extra scrutiny of conservative groups asserted her constitutional right not to answer questions.
Fed Chair Ben Bernanke told Congress the U.S. job market remains weak, and it is too soon to end its stimulus. Stocks spiked on his comments.
As the Federal Reserve mulls reducing asset purchases, the improved labor market is spurring debate between Fed "hawks" and "doves" over what the right policy decision should be.
Lois Lerner, the IRS official at the center of the political targeting scandal plans to assert her constitutional right not to answer questions from a congressional committee.
The Fed Chairman is expected to maintain his dovish tone when he speaks to Congress Wednesday and dispel notions the Fed is ready to cut back its easing policy.
President Obama promised to make available all necessary government resources to Oklahoma to help in the rescue and recovery effort in the aftermath of a devastating tornado.
Apple's CEO is disputing assertions that the company evades billions of dollars in U.S. taxes by shifting profits to foreign affiliates.
Top Internal Revenue Service officials told Congress on Tuesday they were unaware of the agency's targeting of conservative groups for extra tax scrutiny until recently.
The economy's ability to weather lower government spending and higher taxes will be key to the Fed's decision on monetary accommodation, a Fed official said on Tuesday.
St. Louis Fed President James Bullard, at a talk in Germany, defends the Fed's massive asset purchase program and recommends that the ECB adopt a similar stimulus policy.
The chances of a deal between Democratic and Republican lawmakers that would overhaul the U.S. tax system, trim government spending and reform safety net spending programs appear to be fading.