If talks continue to progress, Congress seems likely to make a 2014 budget deal before adjourning for the year, lifting fears of another shutdown.» Read More
In a sign of Wall Street’s resurgent influence, bank lobbyists are aiding lawmakers in preparing legislation that softens regulations of the financial industry.
Lois Lerner, the IRS official whose unit is at the center of the alleged Tea Party targeting, has been placed on administrative leave and an acting director has been named.
The Republican-dominated House of Representatives on Thursday voted to switch federal student loan interest rates to a market-based system.
President Obama is giving a speech on counterterrorism in Washington, specifically addressing the use of drones, with CNBC's John Harwood.
The House of Representatives approved a bill as expected on Wednesday declaring that a presidential permit was not needed to approve the Canada-to-Nebraska leg of the Keystone XL oil pipeline.
'A number of participants' on the FOMC this month favored slowing the Fed's efforts to maintain record-low long-term interest rates as early as summer.
The IRS official at the center of a tax scandal about extra scrutiny of conservative groups asserted her constitutional right not to answer questions.
Fed Chair Ben Bernanke told Congress the U.S. job market remains weak, and it is too soon to end its stimulus. Stocks spiked on his comments.
As the Federal Reserve mulls reducing asset purchases, the improved labor market is spurring debate between Fed "hawks" and "doves" over what the right policy decision should be.
The Fed Chairman is expected to maintain his dovish tone when he speaks to Congress Wednesday and dispel notions the Fed is ready to cut back its easing policy.
Apple's CEO is disputing assertions that the company evades billions of dollars in U.S. taxes by shifting profits to foreign affiliates.
President Obama promised to make available all necessary government resources to Oklahoma to help in the rescue and recovery effort in the aftermath of a devastating tornado.
Republicans target Health and Human Services Secretary Kathleen Sebelius for her soliciting of funds on behalf of a non-profit group, called Enroll America, from two private entities.
The White House said its counsel was told on April 24 about the preliminary findings of an IRS audit that showed IRS employees targeting conservative groups for extra scrutiny.
The Federal Reserve should not go from "wild turkey" monetary policy to "cold turkey" overnight, Dallas Fed President Richard Fisher told CNBC on Monday.
The chances of a deal between Democratic and Republican lawmakers that would overhaul the U.S. tax system, trim government spending and reform safety net spending programs appear to be fading.
The Obama administration on Friday said it was ready to free up about $260 billion so the nation could continue paying its bills as a temporary debt ceiling suspension lapses.
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.
CNBC's Eamon Javers discusses what was a tough day for Steven Miller, who was ousted from his post at the IRS this week.
House Ways and Means Committee Chairman Dave Camp tells CNBC ahead of his panel's IRS scandal hearing that he wants to know who "hatched" the plan to target conservative groups.