Democratic Sen. Ron Wyden says some conservatives believe the recent wave of inversions hurts Congress' ability to revamp the tax code.» Read More
The current housing finance system is likely to be with us until after the 2014 midterm elections and probably well beyond.
WASHINGTON, April 24- The U.S. Senate Banking Committee appears likely to back a bill to wind down government-backed mortgage giants Fannie Mae and Freddie Mac, according to sources familiar with talks on the legislation.
A hotel executive and Democratic fundraiser has pleaded guilty in New York to witness tampering and conspiracy to evade campaign finance laws.
WASHINGTON, April 9- U.S. Senate Republicans on Wednesday blocked a bill that Democrats said would give women a "fair shot" at obtaining equal pay to men for comparable work. Forty-two Republicans and one independent, Angus King of Maine, voted against the bill.
Supreme Court ruling that struck down the overall cap on federal election contributions is sending ripples across American politics, as states have begun backing away from their own restrictions on donations and lawyers are forecasting a new wave of challenges to campaign finance laws nationwide.
March 25- U.S. Senate Democratic leader Harry Reid said on Tuesday he had agreed to drop reforms to the International Monetary Fund from a Ukraine aid bill to increase its chances of getting through Congress. Reid cited stiff opposition to the IMF reform provisions in the Republican-led House of Representatives.
A bill to wind down mortgage financiers Fannie Mae and Freddie Mac would leave a decision on how to treat their private shareholders to the courts.
Partisanship is as bad as it gets, meaning raising the $17 trillion borrowing limit may be tougher than expected, POLITICO's Ben White says.
With bad weather preventing senators from traveling to Washington, a showdown vote on the unemployment bill was postponed until Tuesday.
Here's what's lawmakers are expected to focus on as they return to Capitol Hill.
Surprise! Washington could be slightly less dysfunctional next year. Keep an eye on the debt ceiling, tax reform and mid-term elections. POLITICO's Ben White reports.
CNBC's Rick Santelli discusses the latest action in the bond market, and explains how logistics move the market.
Senate Majority Leader Harry Reid was hospitalized as a "precaution" after feeling ill, and doctors concluded "everything is normal" after testing.
Most of Wall Street views a budget agreement as a done deal. If it's not, lots of people will have to rethink rosy scenarios for a happy New Year.
Congressional leaders from both parties are working out the details of a two-year federal budget deal they hope to vote on before the holiday recess.
The Senate is working on new sanctions in case Iran cheats on its pledge to roll back its nuclear program.
Senate Majority Leader Harry Reid's decision to blow up the filibuster on presidential nominations may raise new fiscal crisis risks.
Health and Human Services Secretary Kathleen Sebelius is returning to Capitol Hill for a fresh interrogation on the health care law.
The budget deal to reopen the government could make it easier for lawmakers to make major changes to tax policy, spending and entitlement programs.
LEE SACHS is Co-Founder & CEO of Alliance Partners says that the debt deal gives a window for US congress to work out their differences and not risk a further damage to their reputation.