U.S. Sen. Charles Schumer is proposing legislation to ban 10 flame retardants from upholstered furniture and children's products.» Read More
CNBC's Eamon Javers reports capitalism is alive and well in the streets of Washington D.C. where President Obama's second inauguration is taking place today. Lamar Alexander, (R-TN) speaks on the peaceful transfer of power; and Vice President Joe Biden is ceremonially sworn in to his second term.
Discussing the inaugural addresses of former U.S. presidents, with Don Baer, Burson Marsteller CEO. Also, civil rights icon Myrlie Evers-Williams delivers the inaugural invocation for President Obama.
President Obama and Vice President Joe Biden, among other political leaders, ascend to the stage at the second inauguration of President Barack Obama.
WASHINGTON-- Good luck figuring out whether Republican presidential candidate Mitt Romney would cut or raise your taxes if he's elected president. President Barack Obama promises tax reform, too, but precious little detail.
Rep.Ron Paul questioned Fed Chairman Ben Bernanke on the "secrecy" surrounding Fed action, pressing him on which branch of government has the right to manage monetary policy.
To hear a member of Congress blame the Fed for not doing enough would be laughable if we weren’t living with the consequences.
With Congress in gridlock, Sen. Schumer essentially pleaded with Fed Chairman Bernanke to do something about the economy. "So get to work, Mister Chairman," Schumer said.
Sen. Chuck Schumer's disapproval of Eduardo Saverin's move to Singapore has led several commentators and pundits to praise Saverin for taking a stand against the U.S. tax code.
For years, big banks have paid hundreds of millions of dollars to a tiny Texas company to use a patented system for processing digital copies of checks, making Claudio Ballard, the inventor of the system, a wealthy man and the bank industry’s biggest patent foe. Getting fed up, the banks turned to their best friend in Congress. The New York Times reports.