The mass media company is taking steps to review the relationship between its news division and its commercial operations, reports CNBC's Steve Liesman.» Read More
The mass media company is taking steps to review the relationship between its news division and its commercial operations, reports CNBC's Steve Liesman.
Rep. Lloyd Doggett, (D-TX) asked acting IRS Commissioner J. Russell George, if he found the IRS "rotten at the core." And, Rep. Peter Roskam, (R-IL), queried ousted IRS chief Steven Miller whether he had a "duty" to come forward to the Ways and Means Committee with any information he had about the tax investigation before the Hearing. Rep. Mike Thompson, (D-CA), wanted to know the difference between "inappropriate" and "illegal" actions when reviewing tax cases. And, Rep. Jim Gerlach, (R-PA), challenged the assertion that confidential tax information was not shared outside the IRS.
CNBC's Eamon Javers and John Harwood provide insight from the House hearing on the IRS scandal, with ousted IRS chief Steven Miller and acting IRS commissioner J. Russell George.
Rep. Richard Neal, (D-MA), asks ousted IRS chief Steven Miller and acting IRS Commissioner J. Russell George, about the policies of 501(c) (4) tax-exempt status and political groups. Also, Rep. Pat Tiberi, (R-OH), wants to know why an educational group and book club was targeted by the IRS. "Foolish mistakes were made," said Rep. Xavier Becerra, (D-CA). And, Rep. Dave Reichert, (R-WA), wants to know whether groups were "treated differently" because of their political affiliations.
Rep. Charles Rangel, (D-NY), asks ousted IRS chief Steven Miller and acting IRS Commissioner J. Russell George, who was responsible for the tax scrutiny, and whether the tax law is written for "abuse." And, Rep. Paul Ryan, (R-MI), asks Steve Miller if he is misleading the Committee because he knew in previous testimony targeting was taking place. And, Rep. Jim McDermott, (D-WA), distinguished the difference between "stupid mistakes" and "malicious mistakes." Also, Rep. Devin Nunes, (R-CA), asks Steven Miller if he is willing to release his personal emails, phone records, and personal schedule from 2010 until his resignation.
Rep. David Camp, (R-MI), asks ousted IRS chief Steven Miller and acting IRS commissioner J. Russell George, when they became aware of the tax scandal and who informed them. Also, Rep. Sander Levin, (D-MI), asks if there was "political motivation" involved in singling out organizations for tax-exempt status. And, Rep. Charles Boustany, (R-LA), asks both witnesses if specific "targeting" was not involved, why it seems one political group was singled out. Rep. Joseph Crowley, (D-NY), points out that Steve Miller was not a political appointee of the IRS; and Rep.Kevin Brady, (R-TX), reveals how a tax audit impacted a small business woman and Tea Party member..
Rep. Dave Camp, (R-MI), shares what he wants to hear from former acting IRS Commissioner Steven Miller, when he testifies before the House later this morning.
CNBC's Steve Liesman reports key questions remain unanswered about the spreading controversy surrounding the privacy violation at the financial news and data company.
The idea of a total government monitoring is probably still the stuff of fiction, but that doesn't mean your boss doesn't have a pretty good idea of your workday habits.
CNBC's Eamon Javers takes a look at the news organization's claim that the government secretly spied on phone lines used by several of its reporters in a broad surveillance campaign.
The Bank of Japan is seeking details about which information Bloomberg allowed journalist access to, reports CNBC's Kayla Tausche.
Robert Belair, Arnall Golden Gregory partner, discusses what Bloomberg must do to rebuild its brand after a privacy breach disclosed reporters had accessed information on clients' accounts.
The Associated Press is calling the Justice Department's secret monitoring of its phone calls a "massive and unprecedented intrusion," reports CNBC's Eamon Javers.
Thousands of private messages sent between users of Bloomberg's financial terminals have leaked online.
Amy Chozick, The New York Times, and Tom Lowry, CNBC Digital, provide perspective on the controversial privacy breach involving Bloomberg data terminals. (Disclosure: Bloomberg is a competitor of CNBC in reporting and distributing business news on the Web and on television.)
CNBC's Rick Santelli worries that when it comes to Obamacare, the IRS will use political tests to determine who gets health care. (3:12)
CNBC's Steve Liesman explains how Bloomberg reporters gained access to privacy data on the terminals. And, Jonathan Corpina, Meridian Equity Partners; and Warren Meyers, DME Securities, discuss whether Bloomberg privacy concerns will impact their daily use. (Disclosure: Bloomberg is a competitor of CNBC in reporting and distributing business news on the Web and on television.)
Tony Fratto, Hamilton Place Strategies, discusses the fallout from breaching privacy issues. (Disclosure: Bloomberg is a competitor of CNBC in reporting and distributing business news on the Web and on television.)
CNBC's Jim Cramer explains why he believes Wall Street firms will continue to use Bloomberg terminals, despite the alleged privacy breach. (Disclosure: Bloomberg is a competitor of CNBC in reporting and distributing business news on the Web and on television.)
Bart Chilton, Commodities Futures Trading Commission commissioner, discusses what regulators want to know about the privacy breach found at Bloomberg, with CNBC's Kayla Tausche and Steve Liesman (Disclosure: Bloomberg is a competitor of CNBC in reporting and distributing business news on the Web and on television.)