Harold Ford Jr., Managing Director of Morgan Stanley, shares his thoughts on why leaders in Congress are not trying to find consensus, and weighs in on the tea party's support of raising the minimum wage.» Read More
Recent elections have underlined a growing tension in political money circles: business is increasingly fed up with the activist wing of the Republican Party.
Tea party candidates in the 2014 congressional elections will try to unseat Republican incumbents they say aren't conservative enough.
Mike Jackson, chairman and CEO of AutoNation, told CNBC that tea party stubbornness is starting to alienate big business.
CNBC's John Harwood reports Sen. Mitch McConnell, (R-KY), faces a tough political fight in his home state of Kentucky against tea party challenger, Matt Bevin.
Tony Nash, Vice President at IHS explains why US non-farm payrolls data, due on Wednesday, may be lower than market consensus and how will that impact Fed's tapering agenda.
What happen last night was the "worst, most irresponsible" way of reopening the government, says Rep. Mo Brooks, (R-AL), sharing his thoughts on last night's last minute debt deal. And Rep. Jim Himes, (D-CT), defends the passage of last night's bill, asserting it did not raise U.S. debt.
Now both sides of the aisles must decide whether they "want to go big or go small," as Congress attempts to reach a long-term deal on cutting spending and taxes, reports CNBC's John Harwood.
Mark Todd, Director Fixed Income Sales, FIIG tells CNBC's Cash Flow that U.S. Republicans need to be "intelligent fiscal conservatives" rather than children.
CNBC's John Harwood says House Speaker John Boehner knows the new GOP bill to reopen the government and raise the debt ceiling won't pass. Harwood believes it is an attempt to mollify the tea party faction of the party.
Even if Senators Reid and McConnell strike a compromise deal, will Speaker Boehner be able to get support from House conservatives? Rep. Tom Price, M.D. (R-GA), says "we have an administration and the President that refuses to lead," he says.
Sen. Jon Tester, (D-MT), says the tactics that the Tea Party has used over the past several weeks has probably done some great things for fundraising but hasn't done much for our country.
With the federal government pushing toward a budget default, big business groups are worried they have lost sway over the GOP majority in the House.
Michael Eisner, former Disney CEO, says you can't hold a gun to someone's head and think you'll be able to negotiate. Unfortunately, the House leader lacks the moral fiber to stand up to a minority in his party, he says.
Sam Zell, Equity Group Investments chairman, shares his thoughts on the Tea Party's involvement in the government shutdown and how to resolve the conflict over the debt.
Ewen Cameron Watt, chief investment strategist at the BlackRock Investment Institute, comments on the "paralysis" in the U.S. and how the House Speaker, John Boehner, is in a "tough position".
It all has to begin with a simple discussion, says House Majority Leader John Boehner, sharing his thoughts about the ongoing government shutdown. Our goal here in not to shutdown the government but to bring fairness to the American people under Obamacare, Boehner adds.
House Majority Leader John Boehner shares his frustration about the ongoing government shutdown.
Former Minnesota governor Jesse Ventura explains why he thinks it is time for a revolt amid a government shutdown.
Democratic strategist Keith Boykin and Boris Epshteyn, founder of Strategy International, discuss the influence of the tea party within the Republican ranks.
Just when Congress ought to be doing things to reinforce the recovery, House Republicans are committed to "doing another self-inflicted wound," says Neal Wolin, former deputy Treasury Secretary, discussing the standoff on Capitol Hill.