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• IRS Scandal Could Yield Needed Tax Reform: Baucus Thursday, 16 May 2013 | 1:19 PM ET

  

  Congress wants answers on why the IRS targeted conservative groups, two senior politicians tell CNBC.

• CBO Slashes US Deficit Estimate Amid Higher Taxes Tuesday, 14 May 2013 | 3:55 PM ET

  

  The Congressional Budget Office lowered its projection for the 2013 US deficit amid higher taxes and better-than-expected bailout repayments.

• House Sets Hearing on IRS Tea Party Scrutiny Monday, 13 May 2013 | 4:32 PM ET

  

  The top Republican lawmaker in charge of oversight of the IRS set a hearing to probe the agency's admission that it gave extra scrutiny to conservative "Tea Party" groups.

• Debt Ceiling Won't Be Hit Until Labor Day: Lew Friday, 10 May 2013 | 5:15 AM ET

  

  U.S. Treasury Secretary Jack Lew told CNBC on Friday that the U.S. debt ceiling would not be reached until September.

• Run for the Senate? More Say Thanks, but No Thanks Saturday, 4 May 2013 | 2:02 PM ET

  

  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.

• Obama Taps Pritzker, Froman for Economic Jobs Thursday, 2 May 2013 | 2:36 PM ET

  

  President Obama chooses longtime fundraiser Penny Pritzker as Commerce secretary and adviser Michael Froman as U.S. Trade Representative.

• Obama to Pick Wheeler for FCC, Watt for FHFA Wednesday, 1 May 2013 | 7:47 AM ET

  

  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.

• Obama to Tap NC Mayor as New Transportation Secretary Monday, 29 Apr 2013 | 8:30 AM ET

  

  President Barack Obama plans to nominate Charlotte, North Carolina, Mayor Anthony Foxx to be his next transportation secretary, a White House official said on Sunday.

• Senate Rejects Expanded Gun Background Checks Wednesday, 17 Apr 2013 | 5:49 PM ET

  

  The U.S. Senate on Wednesday rejected a bipartisan plan to expand background checks for gun buyers, dealing a sharp blow to President Barack Obama's campaign to curb gun violence.

• Kerry Says US Ready to 'Reach Out' to North Korea Sunday, 14 Apr 2013 | 9:02 PM ET

  

  U.S. Secretary of State John Kerry on Sunday stressed the United States is willing to engage with North Korea.

• China Agrees to Help Defuse North Korea Tension Saturday, 13 Apr 2013 | 12:42 PM ET

  

  US Secretary of State John Kerry met with Chinese leaders and China, while not admitting anything publicly, agreed to help defuse the tension with North Korea, the US said.

• Anger as Retrial of Egypt's Mubarak Gets Aborted Saturday, 13 Apr 2013 | 7:02 AM ET

  

  The retrial of former Egyptian President Hosni Mubarak collapsed on Saturday when the presiding judge withdrew from the case and referred it to another court, causing an indefinite adjournment that sparked anger in the courtroom.

• In the Crosshairs: Weapons Programs May Get Cut Wednesday, 10 Apr 2013 | 2:19 PM ET

  

  President Obama's fiscal 2014 budget plan proposes cancellation of or cuts to several weapons programs.

• Obama to Pitch Buffett Tax, Kill Corporate Tax Breaks Wednesday, 10 Apr 2013 | 7:16 AM ET

  

  President Barack Obama on Wednesday will issue ideas to raise $580 billion in new tax revenues, including a minimum tax on the wealthy and putting an end to some corporate tax breaks.

• Malaysia Will Hold General Elections on May 5 Wednesday, 10 Apr 2013 | 12:56 AM ET

  Malaysia will hold general elections on May 5, the Election Commission said on Wednesday, in what could be the toughest test of the ruling coalition's 56-year grip on power in Southeast Asia's third-largest economy.

• Overdosed? Fed Policy Is a Drug, Says Paul O’Neill Wednesday, 3 Apr 2013 | 5:32 PM ET

  

  The Federal Reserve's bond-buying program and zero percent interest rates are dangerous, former Treasury Secretary Paul O'Neill told CNBC.

• Malaysia's PM Calls Election, Close Race Likely Tuesday, 2 Apr 2013 | 11:46 PM ET

  

  Malaysian Prime Minister Najib Razak announced he will dissolve parliament on Wednesday, paving the way for a long-anticipated general election late this month.

• Why Washington Can't Stop Its Spending Habits Sunday, 24 Mar 2013 | 1:53 PM ET

  

  Many politicians want to change the way Congress operates. So why do so many—Republican or Democrat—ultimately become the very creatures of habit they initially promised to replace, at least when it comes to pork and earmarks?

• New GOP Roadmap Calls for Immigration Reform Monday, 18 Mar 2013 | 7:20 AM ET

  

  The GOP will endorse immigration reform on Monday and outline plans for a $10 million outreach to minority groups in an effort to make the party more "welcoming and inclusive" for voters who overwhelmingly supported Democrats in 2012.

• Why the US Could Face Another Brush With Default Friday, 15 Mar 2013 | 8:03 AM ET

  

  With the Dow Jones reaching an all-time high and the S&P 500 not far behind, markets have shrugged off the disappointment of the sequester. But Alastair Newton, senior political analyst at Nomura says that far bigger hurdles lie ahead that could potentially give the U.S. another "brush with default".