Here's why 40 is the key number for the GOP to regain control of the Senate in this fall's midterm elections, says ex-Treasury official Stephen Myrow.» Read More
Taxes and jobs are some of the key issues that CNBC guests want to hear President Obama talk about at Monday's town hall meeting.
President Obama lacks the popularity and credibility now to give Americans confidence about the economy, Washington Post reporter Neil Irwin told CNBC Friday.
In a scathing criticism of the Obama administration, Home Depot co-founder Bernie Marcus told CNBC Friday that Treasury Secretary Geithner should have a reality-TV show about small business, because it would illustrate how out of touch the Obama administration is with the private sector.
Had the Republicans taken control of Congress in 2008, the country would have sunk into a depression, House Speaker Nancy Pelosi (D-Calif.), told CNBC Thursday.
The budget problems that come from federal spending and entitlements, such as Social Security, pale in comparison with the challenges of containing health care costs and maintaining Medicare at the level of treatment Americans expect, Robert Reich, the former Labor Secretary, told CNBC Thursday.
One on one with Rep. Spencer Bachus, ranking member of The financial services committee.
Christine O’Donnell’s stunning upset of a political titan in Delaware’s Republican establishment on Tuesday was the final, emphatic message in a primary season that made one thing clear: the G.O.P has largely failed to harness the power of Tea Party voters.
Outside groups supporting Republican candidates in House and Senate races across the country have been swamping their Democratic-leaning counterparts on television since early August as the midterm election season has begun heating up. The NYT reports.
Forget the bears, Cramer said. Pay attention to these bullish signs.
Don't extend Bush tax cuts, David Stockman, the director of Office of Management and Budget under President Reagan, told CNBC.
Congress returns this week with embattled Democrats torn between trying to show they have the economic answers and fearing the further wrath of voters over new government programs. It appears the fears will win out.
The financial debate in Washington this fall will likely be consumed by whether, and how, to extend the Bush tax cuts. But economic research suggests that tax cuts, though difficult for politicians to resist, have limited ability to bolster the flagging economy. The NYT reports.
At Friday's press conference from the White House, the president is expected to fault Republicans for failing to help him on improving the economy or support his call for new tax cuts for businesses.
With Democrats in danger of losing control of Congress, some prominent lobbying shops, trade groups and contractors are already moving to bring more Republicans on board to bolster their political fortunes. The NYT reports.
Why some think expectations of a changing political landscape could be driving prices.
Treasury Secretary Timothy Geithner spoke to Maria Bartiromo in a First on CNBC interview and told Bartiromo that the President's proposals “can make powerful impact.”
Democrats in Arizona are accusing the GOP of hiring drifters and homeless people for the Green Party ballot. NYT reports.
Americans may be dissatisfied with the economy but don’t look for Republicans to sweep control of the House and Senate. Voters have good reason to be disenchanted with both parties.
Republicans are eyeing the powerful chairmanship of the House financial services committee held by Barney Frank, the Massachusetts Democrat, as one of the biggest spoils of victory in November’s midterm congressional elections. The FT reports.
The finding, contained in a new paper by Carmen M. Reinhart, an economist at the University of Maryland, generated considerable debate during an annual policy symposium organized by the Federal Reserve Bank of Kansas City, reports the New York Times,