The White House is close to nominating Stanley Fischer, the former governor of the Bank of Israel, as vice chair of the Fed, reports said.» Read More
The new bipartisan budget deal will be approved, but not everyone is going to be happy about it, Rep. Tom Cole, R-Okla., predicted on CNBC Wednesday.
President Obama has suffered serious political damage from the troubled first year of his second term, according to a new poll.
Economist John Taylor said Alan Greenspan kept rates too low for too long, exacerbating the housing bubble. Greenspan said Taylor's wrong.
During an exclusive interview with CNBC Tuesday night, House Majority Leader Eric Cantor said GOP leadership supports the budget progress.
Bipartisan congressional negotiators unveiled a long-awaited budget framework to fund the government past mid-January.
Americans are increasingly prepared to deal with Obamacare, but the uninsured are less ready to deal with that law, a new poll shows.
President Barack Obama shook hands with Cuban President Raul Castro Tuesday at a memorial service for Nelson Mandela.
The U.S. Commodity Futures Trading Commission on Tuesday adopted the Volcker rule, which bans proprietary trading by banks.
Regulators seem to have done a decent job drawing lines between prop trading and market making.
Majority Leader Harry Reid says the Senate will not extend current farm law if Congress can't agree on a new farm bill before adjourning next week.
Home Depot founder Ken Langone pressed House Minority Whip Steny Hoyer during a heated debate Tuesday on CNBC over Washington's bitter politics.
Whether the current iteration of Volcker will discourage risky bank trading activities—or survive legal challenges—will take years to become clear.
Federal regulators are poised to approve the so-called Volcker Rule, a keystone financial regulation since the Depression. The NYT reports.
The Volcker Rule could have unforeseen consequences, but it's needed to protect the economy, the outgoing CFTC commissioner told CNBC before his vote.
Here's why SEC commissioner Michael Piwowar plans to vote against the Volcker Rule.
The US government ended up losing $10.5 billion on the General Motors bailout, but it says the alternative would have been far worse.
Several of the Fed's own financial tests for reducing its asset purchases look to have been met as it heads into the Dec. 17th meeting.
A budget deal aimed at avoiding a U.S. government shutdown on Jan. 15 could emerge in Congress on Tuesday, aides said on Monday.
Dallas Federal Reserve Bank President Richard Fisher has said it is time the Fed begins tapering its asset buying plan and set a date for ending QE3.
According to a research study, most people are OK with virtual visits to doctors and using sensors to track their health.