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The IRS is about to pay $70 million in employee bonuses, despite an Obama administration directive to cancel discretionary bonuses because of spending cuts.
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Hoping to ignore your phone for a while, feeling safe in your investments and secure in the knowledge that the world's financial authorities aren't planning any surprises just yet?
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Laws as big as the Affordable Care Act rarely without changes, but in a polarized Congress, accomplishing them has become all but impossible. NYT reports.
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The loss of manufacturing jobs and declining populations in Rust Belt cities have intensified efforts to attract new immigrant entrepreneurs.
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In a sign of Wall Street’s resurgent influence, bank lobbyists are aiding lawmakers in preparing legislation that softens regulations of the financial industry.
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Immigration reform takes a big step to becoming law, but some experts worry that the emphasis on security could create a demilitarized zone.
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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.
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The Republican-dominated House of Representatives on Thursday voted to switch federal student loan interest rates to a market-based system.
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President Obama is giving a speech on counterterrorism in Washington, specifically addressing the use of drones, with CNBC's John Harwood.
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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.
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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.
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The IRS official at the center of a tax scandal about extra scrutiny of conservative groups asserted her constitutional right not to answer questions.
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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.
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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.
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Lois Lerner, the IRS official at the center of the political targeting scandal plans to assert her constitutional right not to answer questions from a congressional committee.
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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.
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Apple's CEO is disputing assertions that the company evades billions of dollars in U.S. taxes by shifting profits to foreign affiliates.
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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.
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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.
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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.
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CNBC's Eamon Javers discusses what was a tough day for Steven Miller, who was ousted from his post at the IRS this week.
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No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.
Wednesday, 19 Jun 2013 | 10:52 AM ETCNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.
Wednesday, 19 Jun 2013 | 11:36 AM ETAre reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.