The IRS official at the center of a tax scandal about extra scrutiny of conservative groups asserted her constitutional right not to answer questions.» Read More
Former Nebraska Senator Chuck Hagel (R) faces a confirmation hearing in front of the Senate Armed Services Committee to become Defense Secretary. The decorated Vietnam War veteran faced tough questioning regarding some of his past votes and statements.
Virtually every state's tax system unfairly takes from those who make the least, says a new report. But which states take the most from their richest residents?
The cast of voting members on the Fed's policy committee is changing, but Ben Bernanke will likely retain a solid majority for his drive to keep interest rates low well into the future despite critics who worry about the risks.
The latest GDP report shows that falling government spending can coexist with rising private economic activity, Larry Kudlow says.
President Obama called on Congress to make good on plans to overhaul the immigration system and offer a path to citizenship for millions of illegal immigrants. He said that if Congress is unable to act quickly, he will propose legislation and demand lawmakers vote on it.
Transportation Secretary Ray LaHood, the only Republican still left in President Barack Obama's first-term Cabinet, says he plans to leave the Obama administration.
At the Detroit Auto Show earlier this month, luxury was in the air. Pricey new Bentleys and Maseratis glittered - including a Maserati 2014 Quattroporte with a $132,000 price tag; U.S. Cabinet Secretaries and dignitaries rubbed shoulders; and many of the well-heeled attendees ponied up for a $300-a-ticket black-tie charity ball.
A bipartisan group of leading senators unveiled an agreement Monday on the principles for a sweeping overhaul of the nation's immigration laws, including a path to citizenship for the 11 million illegal immigrants already in this country.
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.
Sen. Mike Johanns, (R-NE), explains why he wants President Obama's recess appointments to the NLRB and CFPC to tender their resignations immediately.
A federal appeals court has invalidated President Obama's "recess" appointments to a labor board last year, ruling that the move was unconstitutional and dealing a blow to Obama's strategy of bypassing Senate Republicans.
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.
President Obama has chosen longtime adviser and national security expert Denis McDonough as White House chief of staff.
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.
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)
It's not one of FDR's Fireside Chats, it's an Obama "Fireside Hangout."
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.
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.