Tim Cook testifies before a Senate panel proposing tax changes that would overhaul the corporate tax code, reports CNBC's Eamon Javers & Jon Fortt. And, Carly Fiorina, former HP chairman & CEO; and William George, Harvard Business School professor, discuss what this means for Apple and other corporations.» Read More
President Obama responds to questions about what he knew regarding the Inspector General report of the Internal Revenue Service. We're going to make sure we hold anyone involved accountable, he says.
Ron Kind and Tom Petri put forward a crop insurance reform plan Wednesday that they say will save the federal government $11 billion over the next 10 years. Kind, a Democrat, and Petri, a Republican, announced their plan as work continued in Congress on a new farm bill.
Rep. Charles Boustany tells CNBC he's confident Congress will follow the "paper trail" to hold to account those responsible for the IRS' targeting of conservative nonprofit groups.
The House is investigating targeting complaints in the wake of the Tea Party tax scandal. Rep. Charles Boustany, (R-LA), discusses.
Just six months after a heady re-election, President Obama's second-term dreams have collided with second-term reality: scandals and foreign setbacks. The NYT reports.
Hon. John Conyers, Jr. (D-MI) and chairman on the House Committee on the Judiciary, questions Attorney General Eric Holder about the DOJ's civil rights division.
The House Oversight Committee will hear from IRS Inspector General Russell George, reports CNBC's Eamon Javers
The Congressional Budget Office lowered its projection for the 2013 US deficit amid higher taxes and better-than-expected bailout repayments.
IRS acting chief Steven Miller says mistakes made in screenings of political groups seeking tax-exempt status won't be repeated.
The top Republican lawmaker in charge of oversight of the IRS set a hearing to probe the agency's admission that it gave extra scrutiny to conservative "Tea Party" groups.
President Obama chimed in personally on the IRS controversy today, with CNBC's Robert Frank; Mitch Epner, former federal prosecutor; and CNBC's Larry Kudlow.
An informative and entertaining look at the must-see CNBC moments that will sharpen your business edge today.
CNBC's Steve Liesman shares highlights of his interview with Treasury Secretary Jack Lew, about Europe's economic problems and getting Congress and the White House to strike a deal on the budget.
U.S. Treasury Secretary Jack Lew told CNBC on Friday that the U.S. debt ceiling would not be reached until September.
Jack Lew, U.S. Treasury secretary, says that the U.S. debt ceiling would not be reached until September, though he said it was not an excuse for Congress to relax.
Former Rep. Barney Frank, an author of the massive regulation bill that sought to contain too-big-to-fail banks, said the legislation is working.
Former Rep. Barney Frank, (D-MA), explains why he is attending SALT and whether there is a discrepancy between Wall Street and the rest of the country.
"The sequester is a drip, drip, drip, not a slammed door," said Rep. Steny Hoyer, (D-MD), discussing the stalled budget bill in Congress, and the Internet sales tax.
Taxes paid by the top earners are putting the U.S. back in the black, according to the Congressional Budget Office.