Rep. Paul Ryan's new strategy for federal anti-poverty efforts does not aim to cut spending. Instead, it seeks to consolidate an array of programs.» Read More
A congressional budget proposal fails to extend a program providing federal funds for those who have run out of state benefits.
Obamacare still has a long way to go to get to 7 million enrollees—but officials are again vowing to hit that target.
A cancer patients says she is devastated her plan was canceled under Obamacare and is scrambling to find a new one — that will inevitably cost more.
President Obama has suffered serious political damage from the troubled first year of his second term, according to a new poll.
Economist John Taylor said Alan Greenspan kept rates too low for too long, exacerbating the housing bubble. Greenspan said Taylor's wrong.
The new bipartisan budget deal will be approved, but not everyone is going to be happy about it, Rep. Tom Cole, R-Okla., predicted on CNBC Wednesday.
During an exclusive interview with CNBC Tuesday night, House Majority Leader Eric Cantor said GOP leadership supports the budget progress.
Bipartisan congressional negotiators unveiled a long-awaited budget framework to fund the government past mid-January.
Americans are increasingly prepared to deal with Obamacare, but the uninsured are less ready to deal with that law, a new poll shows.
Regulators seem to have done a decent job drawing lines between prop trading and market making.
Whether the current iteration of Volcker will discourage risky bank trading activities—or survive legal challenges—will take years to become clear.
The U.S. Commodity Futures Trading Commission on Tuesday adopted the Volcker rule, which bans proprietary trading by banks.
Majority Leader Harry Reid says the Senate will not extend current farm law if Congress can't agree on a new farm bill before adjourning next week.
Home Depot founder Ken Langone pressed House Minority Whip Steny Hoyer during a heated debate Tuesday on CNBC over Washington's bitter politics.
Federal regulators are poised to approve the so-called Volcker Rule, a keystone financial regulation since the Depression. The NYT reports.
The Volcker Rule could have unforeseen consequences, but it's needed to protect the economy, the outgoing CFTC commissioner told CNBC before his vote.
Here's why SEC commissioner Michael Piwowar plans to vote against the Volcker Rule.
Several of the Fed's own financial tests for reducing its asset purchases look to have been met as it heads into the Dec. 17th meeting.
A budget deal aimed at avoiding a U.S. government shutdown on Jan. 15 could emerge in Congress on Tuesday, aides said on Monday.
The US government ended up losing $10.5 billion on the General Motors bailout, but it says the alternative would have been far worse.
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