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  • Hagel's Long, Bumpy Road to Confirmation  Thursday, 31 Jan 2013 | 4:00 PM ET
    Chuck Hagel testifies before the Senate Armed Services Committee during his confirmation hearing to become the secretary of defense.

    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.

  • The Five Highest Tax States for the Highest Earners Thursday, 31 Jan 2013 | 4:13 PM ET
    New Jersey Gov. Chris Christie struggles to balance his budget despite taxing his wealthiest citizens at one of the highest rates in the nation

    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?

  • New Hawks and Doves at Fed Likely Won't Alter Policy Wednesday, 30 Jan 2013 | 9:01 AM ET

    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.

  • Kudlow: Spending Sequester Will Grow Private Economy Wednesday, 30 Jan 2013 | 5:06 PM ET

    The latest GDP report shows that falling government spending can coexist with rising private economic activity, Larry Kudlow says.

  • Obama: 'Now Is the Time' to Fix Immigration Laws Tuesday, 29 Jan 2013 | 3:48 PM ET
    President Barack Obama addresses immigration reform on Jan. 29. 2013 in Las Vegas, Nevada.

    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.

  • Obama Transportation Secretary Ray LaHood Leaving Tuesday, 29 Jan 2013 | 10:04 AM ET
    Ray LaHood, U.S. secretary of transportation

    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.

  • Stuck in Reverse, Detroit Edges Closer to Bankruptcy Tuesday, 29 Jan 2013 | 1:58 AM ET
    Bentley GT Speed Convertible

    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 petitioner holds a US flag during a naturalization ceremony.

    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.

  • Pres. Obama's Recess Appointment Backlash  Monday, 28 Jan 2013 | 8:40 AM ET

    Sen. Mike Johanns, (R-NE), explains why he wants President Obama's recess appointments to the NLRB and CFPC to tender their resignations immediately.

  • Obama Recess Appointments 'Invalid': Appeals Court Friday, 25 Jan 2013 | 4:14 PM ET

    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.

  • Timothy Geithner

    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.

  • Obama Picks McDonough as White House Chief of Staff Friday, 25 Jan 2013 | 12:58 PM ET
    President Barack Obama (C) and White House Chief of Staff Jack Lew (R) applaud as Deputy National Security Adviser Denis McDonough (L) look on during a personnel announcement at the East Room of the White House

    President Obama has chosen longtime adviser and national security expert Denis McDonough as White House chief of staff.

  • Mr. Smith Goes to Washington

    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."

  • Obama Picks Mary Jo White to Lead SEC Thursday, 24 Jan 2013 | 2:45 PM ET
    President Obama with Mary Jo White and Richard Cordray.

    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.

  • House Votes to Suspend Debt Ceiling Until May Wednesday, 23 Jan 2013 | 1:29 PM ET

    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.

  • Hillary Clinton Clashes With GOP Senator  Wednesday, 23 Jan 2013 | 10:45 AM ET

    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)

  • Washington Takes to Google to Reach Public Thursday, 24 Jan 2013 | 8:06 AM ET

    It's not one of FDR's Fireside Chats, it's an Obama "Fireside Hangout."

  • GOP Moves to Suspend Debt Ceiling Until May Tuesday, 22 Jan 2013 | 8:44 PM ET

    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. Toomey: 'Senate Doesn't Function'  Wednesday, 23 Jan 2013 | 7:50 AM ET

    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.