In a sign of Wall Street’s resurgent influence, bank lobbyists are aiding lawmakers in preparing legislation that softens regulations of the financial industry.
Democrats made a mistake by not going over the "fiscal cliff" because a "grand bargain" would have been easier to achieve, House Minority Whip Steny Hoyer told CNBC.
The New Mexico company, Valley Meat, drew complaints over a two-year period from federal inspectors and state regulators over its disposal of remains when it processed cattle for beef. The New York Times reports.
The head of the Transportation Security Administration told lawmakers he stands by his plan to allow passengers to carry small knives onto planes despite a growing backlash against the proposal.
Acting on the Senate's first budget since President Obama took office, a Democratic-led panel is moving toward party-line approval of a fiscal blueprint that would trim the budget deficit while protecting safety net programs from slashing cuts proposed by Republicans.
The Obama administration is drawing up plans to give all U.S. spy agencies full access to a massive database that contains financial data on American citizens and others who bank in the country, according to a Treasury Department document seen by Reuters.
Michigan Governor Rick Snyder is expected to announce on Thursday an emergency state takeover of Detroit, putting a lawyer in charge of the destitute city's finances.
The Small Business Administration has proposed rule changes that could make the agency's loan programs more accessible and popular, the New York Times reports.
Three federal agencies, including the IRS, will scrutinize applications for the health-insurance exchanges, which run 15 pages for a three-person family.
Larry Kudlow sits down exclusively with House Budget Chairman Paul Ryan, R-Wis., to discuss the GOP's new budget proposal and more. This is the complete 19 minute interview. (18:56)
Kevyn Orr, the attorney who managed Chrysler's 2009 bankruptcy, is reportedly Michigan Gov. Rick Snyder's top pick to be Detroit's financial emergency manager.
Rep. Paul Ryan called his third budget an "invitation" to President Barack Obama and Senate Democrats to begin bargaining toward a deal to balance the budget.
For all the talk you hear from Capitol Hill about running government more like a business, Congress has a retirement plan that would make any Fortune 500 executive blush.
A data breach apparently affecting the first lady of the United States, and singers Beyonce and Britney Spears—among others—resulted from an old-fashioned "pretexting" attack, rather than a sophisticated computer hack, a company told CNBC.
The budget-balancing plan from Congressman Paul Ryan is a "total uncompromising" blueprint, Rep. Chris Van Hollen, ranking member on the panel, told CNBC.