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.» Read More
He zeroed in on the local impact from $85 billion in across-the-board federal government spending cuts, known as sequestration, that went into effect at the beginning of March because Congress could not agree on an alternative.
Steven Rattner, Willett Advisors chairman, discusses how the budget stalemate in Congress is impacting the economy and markets.
Rep. Ed Markey (D-MA) and Rep. Gabriel Gomez (R-MA) are campaigning to fill John Kerry's Senate seat. Rep. Gomez shares his plan for growth.
Warren Buffett and Bill Gates said it's only fair that online retailers collect state sales taxes, just as brick-and-mortar stores do.
Unlike investors, who were positively upbeat on Friday's jobs report, economists were much more fickle, with CNBC's Steve Liesman.
Republicans are pushing a bill that would allow full-time private sector employees to have the option of taking paid time off instead of overtime pay.
Like Old Faithful, Yellowstone will open on time this season, thanks to fundraising efforts, but many federal programs are feeling the pain of sequestration cuts. The NYT reports.
At least eight of the 33 senators whose terms expire in 2014 won’t run again, but potential candidates are passing. The New York Times reports.
Advocates on both sides of the aisle want to lower the official corporate tax rate and the country's biggest companies are in favor, but how? NYT reports.
CNBC's John Harwood takes a look at whether the positive employment report will translate into political clout for President Obama.
President Obama chooses longtime fundraiser Penny Pritzker as Commerce secretary and adviser Michael Froman as U.S. Trade Representative.
An SEC investigation into stock trading after a leak involving a government decision is a "very gray area," former SEC attorney Jacob Frenkel tells CNBC.
*ANKARA- President Abdullah Gul will hold separate meetings with Prime Minister Tayyip Erdogan and the MIT national intelligence agency undersecretary Hakan Fidan. *ISTANBUL- Deputy Prime Minister Besir Atalay to attend 3rd Arab Turkish Social Sciences Congress.
CNBC's Eamon Javers highlights new outrage over high speed trading and how it's impacting the markets.
Erskine Bowles, former co-chair of the president's debt commission, told CNBC that a "Grand Bargain" on deficit reduction is "on life-support," with the chances reaching it "north of zero" percent.
Erskine Bowles, former Debt Commission co-chair, discusses the roadblocks on Capitol Hill preventing a "grand bargain" on the budget.
Erskine Bowles, former Debt Commission co-chair, discusses the "hard stuff" Congress needs to do to reach a bipartisan budget agreement; such as reforming the tax code and reducing spending in entitlement programs.
Tom Wheeler is a venture capitalist and former wireless and cable lobbyist; Melvin Watt is a 20-year House veteran and former chairman of the Congressional Black Caucus.
President Obama explains why he is 'impressed" by the work done in the Senate on immigration, and discusses the criteria he would like to see from the House.
President Obama discusses the benefits of the "Affordable Care Act", adding many Americans are already experiencing benefits from the law without realizing it. The President also talks about some of the difficulties in implementing the law for some people who do not have health insurance.