Congressional Republicans accused leaders of the IRS of lying as they opened the first in a series of hearings about the agency's targeting of conservative groups.
If an article in Monday's Wall Street Journal is anything to go by, the U.S. Fed is getting ready to unwind monetary stimulus. That prospect is unlikely to be as alarming for markets as feared, analysts tell CNBC.
Massachusetts has had Romneycare since 2006. And, while it's different in some ways from Obamacare, it offers insight into what's ahead for US health care.
The Federal Reserve Chairman said the shadow banking system still poses a threat to stability, and that funding markets might still not be able to cope with a major default.
Republicans denounce the IRS after it apologized for inappropriately flagging conservative political groups for additional reviews during the 2012 election.
A week after the Federal Reserve endorsed a plan to keep buying bonds to spur economic growth, members are airing differences over their super-easy policy.
The CFTC is prepared to adjust a new rule stemming from the Dodd-Frank financial reform law, a sign that the regulator might bow to industry criticism.
Politicians in Washington are holding back the US economy and job growth can't reach its full potential until Congress gets its act together, said Richard Fisher, president of the Dallas Fed.
The advocacy group created by Mark Zuckerberg and others to push for immigration reform has bankrolled TV ads endorsing some conservative stands, prompting an outcry from liberals.
Dysfunction in Washington is one of the biggest drags on the U.S. economy, undermining confidence and crimping growth, Treasury Secretary Jack Lew says.
When beginning a new job, it's good to start fresh: Make a few changes and form a good impression. For new Treasury Secretary Jacob Lew, that meant closing some loopholes.