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Max Baucus

  • Ambassador to China Max Baucus said on Wednesday in the first major public address of his tenure, warning that Washington would continue to pressure Beijing. In May, Washington indicted five Chinese military officers for hacking U.S. companies, prompting Beijing to suspend a Sino-U.S. working group on cyber issues.

  • BEIJING, May 26- Beijing accused the United States on Monday of "unscrupulous" cyber surveillance that included large-scale computer attacks against the Chinese government and Chinese companies. The publication accused the United States of "waging large-scale cyber-attacks" against China.

  • U.S. equipment and software providers such as IBM Corp and Cisco Systems Inc have already seen their China sales drop after last year's revelations by former National Security Agency contractor Edward Snowden of U.S. spying. IBM's China sales have fallen by a fifth or more for three straight quarters, the firm reported in April.

  • U.S. equipment and software providers such as IBM Corp and Cisco Systems Inc have already seen their China sales drop after last year's revelations by former National Security Agency contractor Edward Snowden of U.S. government spying. IBM's China sales have fallen by a fifth or more for three straight quarters, the Armonk, NY- based firm reported in April.

  • BEIJING, May 20- China summoned the U.S. ambassador the United States accused five Chinese military officers of hacking into American companies to steal trade secrets, warning Washington it could take further action, the foreign ministry said on Tuesday.

  • BEIJING, May 20- China summoned the U.S. ambassador after the United States accused five Chinese military officers of hacking into American companies to steal trade secrets, warning Washington it could take further action, state media said on Tuesday.

  • *GE tops list, followed by Microsoft, Pfizer, Merck, Apple. WASHINGTON, April 8- Foreign profits held overseas by U.S. corporations to avoid taxes at home nearly doubled from 2008 to 2013 to top $2.1 trillion, said a private research firm's report, prompting a call for reform by the Senate's top tax law writer.

  • Washington, tear down this (oil export) wall: API Monday, 23 Dec 2013 | 1:20 PM ET
    Work at a fracking site.

    The oil industry's lobbying arm said it will push lawmakers to consider lifting a ban on crude exports in the new year.

  • New China envoy has heavy economic focus Saturday, 21 Dec 2013 | 2:49 PM ET
    Sen. Max Baucus

    Making Sen. Max Baucus the next ambassador to China reflects the importance the U.S. places on advancing its economic relationship with Beijing.

  • DC in 2014: Maybe not quite so bad? Friday, 20 Dec 2013 | 1:57 PM ET

    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.

  • Big corporate tax reform ahead?     Tuesday, 19 Nov 2013 | 7:45 PM ET

    Jim Pethokoukis, American Enterprise Institute, weighs in on a proposed plan by Sen. Baucus to tax all income from foreign sales and services.

  • Sebelius to get grilled again over health care law Wednesday, 6 Nov 2013 | 6:57 AM ET
    Health and Human Services Secretary Kathleen Sebelius speaks during the House Energy and Commerce Committee hearing about the troubled launch of the Healthcare.gov website in October 2013.

    Health and Human Services Secretary Kathleen Sebelius is returning to Capitol Hill for a fresh interrogation on the health care law.

  • Boehner: Debt ceiling increase in return for talks Thursday, 10 Oct 2013 | 11:36 AM ET
    Speaker of the House John Boehner (R-OH) speaks with members of the House Republican leadership during a press conference at the U.S. Capitol following a meeting of the House Republican conference October 10, 2013 in Washington, DC.

    Speaker Boehner said that the GOP would offer a temporary increase in the debt ceiling in return for discussions with Obama on the budget and deficit.

  • As shutdown festers, Street weighs Obama's options Thursday, 3 Oct 2013 | 6:50 AM ET

    The prospect of Congress failing to raise the nation’s debt limit has economists and investors exploring options the White House might have.

  • FBI Opens Criminal Probe of US Tax Agency Wednesday, 15 May 2013 | 6:06 AM ET

    U.S. Attorney General Eric Holder said on Tuesday he had ordered the FBI to open a criminal probe in a growing scandal over the Internal Revenue Service's targeting of conservative political groups.

  • Sen. Max Baucus Decides to Retire: Aide Says Tuesday, 23 Apr 2013 | 12:00 PM ET
    Sen. Max Baucus

    Max Baucus, chairman of the powerful Senate Finance Committee, will not seek re-election to a seventh term next year, according to a Democratic aide.

  • Sen. Baucus to Retire     Tuesday, 23 Apr 2013 | 11:14 AM ET

    Sen. Max Baucus, (D-MT) has announced he will not run for re-election in 2014, reports CNBC's Eamon Javers.

  • Timothy Geithner

    Treasury Secretary Timothy Geithner's plans to leave near the end of January put the White House in a tricky spot, depriving the Obama administration of its longest-serving economic adviser for its next fiscal showdown with Congress.

  • Obama signs trade, human rights bill that angers Moscow Saturday, 15 Dec 2012 | 9:33 AM ET

    President Obama on Friday signed a bill that brings U.S. trade relations with Russia into the 21st century but also ushers in a testy era in which the United States could publicly "name and shame" Russian human rights violators.

  • FACTBOX-20 key players in U.S. 'fiscal cliff' drama Friday, 2 Nov 2012 | 10:59 AM ET

    WASHINGTON, Nov 2- After the Nov. 6 elections, urgent tax and spending issues must be addressed, forcing Washington's power players to make some tough decisions before the end of the year. Regardless of who wins the Nov. 6 presidential election, Obama will be in the White House during the final months of 2012 when the ``fiscal cliff'' must be dealt with.