High-ranking lawmakers from both parties had urged Pierson to resign.» Read More
Republican governors are moving to cut income taxes, including proposals that would increase reliance on state sales taxes, setting up ambitious experiments in tax reform that could shape what is possible on a national level.
To many, Geithner deserves credit for helping steady the banking system and helping restore investor confidence. Yet his toughest critics say his policies consistently favored big banks over struggling Americans.
The Senate's senior Democrat and Republican reached a tentative agreement to impose modest limits on the filibuster, the delaying tactic that minority parties have long used to kill legislation and was immortalized in the film "Mr. Smith Goes to Washington."
President Obama nominated Mary Jo White to lead the Securities and Exchange Commission, tapping an attorney with broad experience in prosecuting white-collar crimes to lead an agency that has a central role in implementing Wall Street reform.
It's not one of FDR's Fireside Chats, it's an Obama "Fireside Hangout."
With tacit support from President Barack Obama, the GOP-controlled House approved an extension of the debt ceiling Wednesday, heading off an economy-rattling fiscal crisis for at least four months.
Secretary of State Hillary Clinton responds vehemently to Sen. Ron Johnson's (R-WI) allegation that the State Department misled the American public on the embassy attack in Libya. (1:03)
Taxpayers can breathe a sigh of relief after crucial credits and deductions were extended. Now, what were they again?
Sen. Pat Toomey, (R-PA), weighs in on the House vote today on the debt ceiling and explains why he would like to see offsetting spending cuts.
House Speaker John Boehner indicated Tuesday that Republicans will vote on an extension of the federal debt ceiling to allow Treasury to borrow money until mid-May. The move would reverse the order of a series of expected debt and spending fights in Washington, an effort designed to put the GOP on more sound political footing.
As the 40th anniversary of Roe v. Wade takes place Tuesday, a majority of Americans – for the first time – believe abortion should be legal in all or most cases, according to the latest NBC News/Wall Street Journal poll.
House Republican leaders have scheduled a vote on Wednesday on a nearly four-month extension of U.S. borrowing capacity.
A confident President Barack Obama kicked off his second term on Monday with an impassioned call for a more inclusive America that rejects partisan rancor and embraces immigration reform, gay rights and the fight against climate change.
In this excerpt from his Second Inaugural Address, President Obama defends the "commitments we make to each other - through Medicare, and Medicaid, and Social Security." (1:31)
The myths and realities of second-term presidents – and what they portend for Obama.
The Republican-controlled House will vote next week to permit the government to borrow more money to meet its obligations, a move aimed at heading off a market-rattling confrontation with President Obama over the debt limit.
President Barack Obama approaches his second inauguration amid persistent public resignation about the tepid economic recovery, and a widespread belief that Washington's budget fights have made things worse, the latest NBC/WSJ poll says.
House Republicans may seek a short-term extension of the government's debt limit as the party seeks to maximize leverage in negotiations over spending cuts.
House Republicans are rejecting President Obama's $500 million gun-control plan while his allies in the Democratic-controlled Senate are stopping well short of pledging immediate action.
With children sitting nearby, President Obama proposed a new ban on assault weapons and universal background checks for gun buyers on Wednesday in a sweeping package to curb firearm violence after the killing of 20 first-graders and six adults in a Connecticut school last month.
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