• Fed Hawks, Doves Divided Over Improved Labor Market Wednesday, 22 May 2013 | 9:13 AM ET
    Ben Bernanke

    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.

  • Bernanke Expected to Deliver Dovish Message Tuesday, 21 May 2013 | 3:24 PM ET
    Federal Reserve Chairman Ben Bernanke

    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.

  • Cook: We Pay 'Every Single Dollar' in Taxes Owed Tuesday, 21 May 2013 | 11:37 AM ET
    Tim Cook is sworn in at a Senate hearing about the company's offshore profit shifting and tax avoidance.

    Apple's CEO is disputing assertions that the company evades billions of dollars in U.S. taxes by shifting profits to foreign affiliates.

  • Obama Pledges All Necessary Help for Oklahoma Tuesday, 21 May 2013 | 10:10 AM ET
    resident Barack Obama speaks about the tornadoes that impacted Oklahoma yesterday in the State Dining Room at the White House May 21, 2013 in Washington, DC.

    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.

  • Some Republicans See New Obama-Linked Scandal Tuesday, 21 May 2013 | 2:04 AM ET
    Kathleen Sebelius

    Republicans target Health and Human Services Secretary Kathleen Sebelius for her soliciting of funds on behalf of a non-profit group, called Enroll America, from two private entities.

  • White House Knew of IRS Audit in April Monday, 20 May 2013 | 6:19 PM ET
    White House Press Secretary Jay Carney

    The White House said its counsel was told on April 24 about the preliminary findings of an IRS audit that showed IRS employees targeting conservative groups for extra scrutiny.

  • QE Halt 'Too Violent' for Market: Fed's Fisher Monday, 20 May 2013 | 7:27 AM ET
    Richard Fisher

    The Federal Reserve should not go from "wild turkey" monetary policy to "cold turkey" overnight, Dallas Fed President Richard Fisher told CNBC on Monday.

  • U.S. Treasury

    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.

  • Treasury to Free Up $260 Billion to Avoid Default Friday, 17 May 2013 | 1:30 PM ET

    The Obama administration on Friday said it was ready to free up about $260 billion so the nation could continue paying its bills as a temporary debt ceiling suspension lapses.

  • Lawmakers Accuse IRS Officials of Lying in Scandal Friday, 17 May 2013 | 1:30 PM ET
    Ousted acting IRS Commissioner Steven Miller is sworn in at Friday's hearing.

    Congressional Republicans accused leaders of the IRS of lying as they opened the first in a series of hearings about the agency's targeting of conservative groups.

  • Rep. Ryan Grills IRS' Miller     Friday, 17 May 2013 | 12:51 PM ET

    CNBC's Eamon Javers discusses what was a tough day for Steven Miller, who was ousted from his post at the IRS this week.

  • IRS 'Culture of Discrimination' Troubling: Rep. Camp Friday, 17 May 2013 | 9:14 AM ET
    Rep. Dave Camp, R-Mich.

    House Ways and Means Committee Chairman Dave Camp tells CNBC ahead of his panel's IRS scandal hearing that he wants to know who "hatched" the plan to target conservative groups.

  • Apple's Cook Wants Tax Reform to Repatriate Cash Friday, 17 May 2013 | 7:16 AM ET
    Apple CEO Tim Cook

    Tim Cook says he'll propose tax changes to encourage firms to bring home more of their offshore funds when he faces congressional queries over Apple's overseas cash holdings.

  • Obama Names Daniel Werfel Acting IRS Commissioner Thursday, 16 May 2013 | 3:17 PM ET
    Danny Werfel

    President Obama on Thursday named White House budget official Daniel Werfel the new acting IRS commissioner.

  • IRS Scandal Could Yield Needed Tax Reform: Baucus Thursday, 16 May 2013 | 1:19 PM ET
    Sen. Max Baucus (L) and Rep. Dave Camp (R)

    Congress wants answers on why the IRS targeted conservative groups, two senior politicians tell CNBC.

  • Stop IRS Culture of 'Rot and Abuse': Rep. Boustany Thursday, 16 May 2013 | 8:52 AM ET

    Rep. Charles Boustany tells CNBC he's confident Congress will follow the "paper trail" to hold to account those responsible for the IRS' targeting of conservative nonprofit groups.

  • Obama: Miller Out as Acting Commissioner of IRS Wednesday, 15 May 2013 | 6:29 PM ET

    President Obama said IRS conduct targeting conservative groups for extra tax scrutiny was "inexcusable" and that acting IRS Commissioner Steven Miller is out.

  • House Speaker Suggests Jail Time in IRS Targeting Wednesday, 15 May 2013 | 1:38 PM ET
    Speaker of the House John Boehner

    House of Representatives Speaker John Boehner suggesting jail time over the IRS's targeting of conservative groups for extra scrutiny.

  • Holder Defends AP Probe at House Hearing on IRS Wednesday, 15 May 2013 | 8:49 AM ET
    Attorney General Eric Holder

    Holder told Congress that a serious national security leak required the gathering of AP telephone records as he stood by a probe in which he insisted he had no involvement.

  • FBI Opens Criminal Probe of US Tax Agency Wednesday, 15 May 2013 | 6:06 AM ET

    U.S. Attorney General Eric Holder said on Tuesday he had ordered the FBI to open a criminal probe in a growing scandal over the Internal Revenue Service's targeting of conservative political groups.

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