High-ranking lawmakers from both parties had urged Pierson to resign.» Read More
The U.S. House of Representatives passed a $10.9 billion extension of U.S. transportation funding through May 2015, to avert cutbacks in August.
Treasury Secretary Jack Lew has urged Congress to crack down on merger deals in which companies seek to relocate overseas to cut US taxes.
Treasury Secy Lew will urge financial firms to do more to protect themselves from cyberattacks in a speech at the 2014 Delivering Alpha Conference.
Yellen said there were signs of a production and spending rebound in the second quarter, but 'this bears close watching.'
Venture capitalist Tim Draper said on Tuesday that he has enough signatures to qualify his six-state initiative for a ballot in two years.
A former adviser to President Obama's transition team was waging his own legal battle against the IRS before conservatives took the agency to court.
Federal Reserve Chair Janet Yellen will have some good news to tell Congress this week about the health of the labor market.
Intense negotiations with Iran have yielded "tangible progress," but significant gaps remain, Secretary of State John Kerry says.
Fed Chair Janet Yellen gave an interview to the New Yorker, and any time such exclusive access is given, the questions go beyond just what was said.
There is a movement to reauthorize Ex-Im Bank, an agency that supports small and midsize exporters with insurance and credit guarantees.
Two Texas lawmakers plan to introduce a bipartisan bill intended to combat the humanitarian crisis at the nation's southern border.
It's easy to overestimate the Ex-Im Bank opposition, but the bank is likely to survive the latest conservative attacks, Politico's Ben White says.
Major Web companies urged federal regulators to restrict the ability of Internet providers to strike deals for faster delivery of content.
House Appropriations Committee Chairman Harold Rogers said the Obama administration's $3.7 billion border security request was too high.
The failure of the Obama administration's foreclosure mitigation programs haunt them to this day. The Fiscal Times reports.
Three leading figures of U.S. industry have called for an overhaul of the country's immigration system.
A crucial referendum looms in Detroit, as a clutch of creditors decide whether to approve a plan that would cut the cash-strapped city's debt.
House Speaker John Boehner announced the Republican-led lawsuit will focus on the Affordable Care Act and the decision to delay the employer mandate.
The percentage of people in the U.S. who lack health insurance has fallen to a six-year low of 13.4 percent, according to a Gallup poll.
Fed vice chair Stanley Fischer said it is unclear that breaking up the largest U.S. banks would help stabilize the country's financial system.
Get the best of CNBC in your inbox