Eamon Javers joined CNBC in June 2010 as a Washington reporter based at the bureau in the nation's capital. He appears on CNBC's business day programming.
Previously, Javers was a White House reporter for Politico, where he covered the intersection of Wall Street and Washington. He conducted investigations of the administration's financial bailouts and economic stimulus efforts, broke news about the presidency of Barack Obama and authored trend stories on Washington.
Prior to joining Politico, Javers was a Washington correspondent for BusinessWeek magazine writing extensively about Washington lobbying, including the Jack Abramoff scandal and unearthed previously unknown incidents of corporate espionage. He also was an on-air correspondent for CNBC, where he covered the intersection of business and politics. Javers' articles have appeared in Fortune, Money, Congressional Quarterly and Slate.com. He began his career at The Hill, a weekly newspaper (and website) covering Congress.
Javers is author of the book "Broker, Trader, Lawyer, Spy: The Secret World of Corporate Espionage," which revealed a never-before-reported CIA policy allowing active-duty officers to moonlight in the private sector.
He has appeared as an analyst on each of the major broadcast networks, all of the major cable television news networks, "News Hour with Jim Lehrer" on PBS, the BBC and National Public Radio. He also is a regular panelist on "Washington Week with Gwen Ifill" on PBS.
In 2006, Javers received an Award of Distinction in investigative journalism from the Medill School of Journalism. He graduated from Colgate University in Hamilton, N.Y.
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The bank that exposed the federal government to the greatest potential loss during the government bailout was Citigroup, which received a grand total of $476.2 billion in cash and guarantees, according to a new report of the Congressional Oversight Panel which oversees the TARP program.
Shortly after 4 o'clock this morning, a small group of staffers at the U.S. Treasury trooped down a winding staircase into the basement of the building, entering a secure facility called the Markets Room, where the Treasury Department monitors global market conditions on a minute-by-minute basis.
The inspector general for TARP has 45 investigators across the country empowered to carry guns and badges, and 27 vehicles with sirens and lights. Known as SIGTARP agents, they are empowered to make arrests, and they’ve done just that 23 times, a spokesman said.
The news that the Libyan government had $30 billion worth of cash and securities in US financial institutions has set off a scramble on Wall Street to comply with President Obama’s executive order freezing the funds.
President Obama’s 2012 budget cuts items large and small—sometimes very, very small. A little-noticed section of the budget released Monday points out some common sense—if tiny—things the federal government is going to do to tighten its belt in years to come.
Whistleblowers who expose fraud, corruption and other kinds of wrongdoing can be deeply religious people, whose faith gives them an identity outside their corporate life.