The leaders of the Senate Banking Committee on Tuesday announced an agreement on legislation to wind down government-owned mortgage financiers Fannie Mae and Freddie Mac, jump-starting a long-standing debate that could still take years to resolve.» Read More
Senator Hillary Rodham Clinton defeated Senator Barack Obama in the Ohio and Texas primaries on Tuesday, ending a string of defeats and allowing her to soldier on in a Democratic presidential nomination race that now seems unlikely to end any time soon.
Sarah Palin prepared for the speech of her life Wednesday as John McCain's campaign called for an end to questions about its review of her background and derided a "faux media scandal designed to destroy the first female Republican nominee" for vice president.
Republican John McCain, whose running mate disclosed that her unmarried 17-year-old daughter is pregnant, has opposed spending federal money on teen-pregnancy prevention programs.
Republicans staged a subdued opening to their storm-shadowed national convention on Monday, seeking aid for the Gulf Coast victims of Hurricane Gustav as well as support to send John McCain to the White House
John McCain tore up the script for his Republican National Convention on Sunday, ordering the cancellation of all but essential opening-day activities as Hurricane Gustav churned toward New Orleans.
Neither of the two contenders for president understands the economy and they are likely to cause more problems than they would solve, investor Jim Rogers, CEO of Jim Rogers holdings, told "Squawk Box Europe" on Friday.
In just two short years, Sarah Palin moved from suburban hockey mom and small-town mayor to vice presidential contender
Republican John McCain shook up the presidential race with his surprise choice of Alaska Gov. Sarah Palin as his running mate.
Presidential election years are usually good for stocks, no matter which party wins, while the market’s performance in the three months prior to the November vote is a reliable indicator of which candidate wins.
Democrats open their national convention Monday to formally nominate Barack Obama for president, but the party's unity theme faces a dangerous challenge from a key constituency — the one-quarter of Sen. Hillary Rodham Clinton's backers still angry she lost and who vow not to vote for the party standard-bearer in November.
Barack Obama's choice of Joe Biden as a running mate sets the bar for his Republican rival John McCain, who could use his own pugnacious No. 2 to deliver attack lines and a solid debate performance.
For Minneapolis and Saint Paul, the host cities for the 2008 Republican National Convention, the upcoming assembly is less about politics and more about, well, money. The rewards can be considerable. The same goes for Denver, host city for the Democratic convention.
John McCain and Barack Obama say they are agreeing to hold three presidential debates and one vice presidential debate this fall.
American voters should know this week who will join Barack Obama as No. 2 on the Democratic presidential ballot, a critical decision for the first-term senator who is fighting off Republican John McCain's bid to paint him as untested and unready for the White House.
After a handshake and the briefest of embraces in a church full of evangelical Christians, Democrat Barack Obama quickly took off the gloves and was again battering John McCain as little different from President George W. Bush.
John McCain raised $27 million in July, his largest one-month fundraising haul since clinching the Republican presidential nomination, while the Republican National Committee brought in nearly $26 million.
As Sen. John McCain and the GOP leadership nationalize the drill, drill, drill message, the Republican party might conceivably be riding a summer political rally. The question of offshore drilling has suddenly become the biggest political and economic wedge issue of this election.
Alaska Gov. Sarah Palin has exactly the high energy, political toughness, and conservative reform message that would boost Sen. John McCain’s presidential run if Big Mac were to put her on the ticket. In an interview last evening on CNBC, Palin was very clear on her drill, drill, drill message for Alaska and the rest of the U.S.
Senator Ted Stevens, the longest-serving Republican senator and a figure in Alaska politics since before statehood, has been indicted on seven counts of falsely reporting hundreds of thousands of dollars in services he received from a company that helped renovate his home.
Barack Obama's audience inside the Capitol this week will number about 200, not the 200,000 who gathered last week in Berlin. Yet all signs point toward a closed-door session with similar enthusiasm for the Illinois senator.