The Senate confirmed Jack Lew as President Barack Obama's new Treasury secretary, putting the former White House chief of staff in the middle of a bitter political fight over the government's budget.
Rep. Michael Capuano, (D-MA), want clarification from the Fed Chairman about whether "too big to fail" is "non-existent anymore." And, CNBC's Steve Liesman, weighs in.
Rep. Scott Garrett, (R-NJ) questions Fed Chairman Bernanke about getting "true price discovery", in light of the Fed's current monetary policy. And, Rep. Gregory Meeks, (D-NY) questions Bernanke about the nation's jobless rate. CNBC's Steve Liesman explains how the Fed Chairman's answers are impacting the markets.
CNBC's provides feedback on questions and answers from Ben Bernanke testimony in front of the House Financial Services Committee.
Rep. Maxine Waters, (D-CA), assures the Fed Chairman he has much support but is surprised to hear "hard budget cuts" could lead to a recession. Ben Bernanke explains how sequestration will impact the economy.
Rep. Jeb Hensarling, (R-TX), asks the Fed Chairman about the need for additional quantitative easing. Ben Bernanke explains how the Fed's policies have helped the economy.
CNBC's John Harwood breaks down the data on how the nation feels about the looming budget cuts and the way lawmakers are handling the situation.
CNBC's Ross Westgate tells you what the markets will be watching as we approach the start of trading in the U.S. (1:18)
Selling the yen has made investors billions over the past three to four months, but this expert sees the Japanese currency's slide ending.
With U.S. oil prices at the lowest levels of the year, traders are looking ahead to the U.S. Energy Department's weekly gauge of oil inventories on Wednesday. CNBC's Sharon Epperson reports that analysts are expecting crude supplies to have risen by 2.6 million barrels in the past week.
Former Prime Minister Silvio Berlusconi's shocking strength in the latest election is doing the euro no favors, these experts say.
Federal Reserve Chairman Ben Bernanke strongly defended the U.S. central bank's bond-buying stimulus before Congress on Tuesday, saying that the bank sees little risk of higher inflation in the near term.
CNBC's Steve Liesman, provides a preview of Fed Chairman Bernanke's Congressional testimony today. And, Jeffrey Kleintop, LPL Financial; and Jason Trennert, Strategas Research Partner, discuss how to play the market amid political uncertainty in Italy and a major pullback in U.S. stocks.
Rep. Steny Hoyer, (D-MD), shares his views on what Congress needs to do to avoid automatic spending cuts set to take place at the end of the week.
Alberto Mingardi, director general at the Bruno Leoni Institute, tells CNBC that Italians voted against un-credible policy proposals and went for the entertainment.
After an election that left no party with a clear majority, Steve Sedgwick asks what is next for Italy.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets, where a rising dollar hit oil today. Traders continue to watch Iran, what's happening in Europe, and look ahead to Ben Bernanke's testimony tomorrow. And investors leave gold ETFs.
One thing should be made clear - We should have a stimulus, not a cut says this professor.
CNBC's John Harwood provides a preview of the President's speech at the National Governors Association gathering. We don't want Washington to get in the way of progress, the President said, warning political leaders that sequester will lead to layoffs.
Gene Sperling, National Economic Council director, discusses the crisis of leadership in Washington as lawmakers demand compromise on spending cuts in the budget.