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Congress Political Leaders


  • Sell Dollar as US Influence Ebbs: Fund Manager Thursday, 19 May 2011 | 8:48 AM ET
    Dollar and Euro

    The recent rally for the dollar will not last and should be used as a chance to short the greenback as America’s geopolitical influence ebbs away, according to David Murrin, a hedge fund manager and author of Breaking the Code of History

  • A Favorite Emerges for Helm of IMF Thursday, 19 May 2011 | 7:01 AM ET
    French Finance Minister Christine Lagarde is considered the top contender to replace Strauss-Kahn as IMF chief.

    The French finance minister, Christine Lagarde, was on a panel at the World Economic Forum in Davos this January when her usual smile turned into a frown. Next to her, Robert E. Diamond Jr., chief executive of Barclays and one of the most powerful bankers in the world, thanked regulators and finance ministers for their role in shaping a better environment after the financial crisis.

  • Merkel Says European Should Replace Strauss-Kahn Thursday, 19 May 2011 | 6:46 AM ET

    German Chancellor Angela Merkel reiterated on Thursday that she wanted a European to become the next IMF chief and that Dominique Strauss-Kahn's exit before the end of his term was an argument in favour of such a move.

  • IMF Chief's Woes = Buying Opportunity, Pro Says Wednesday, 18 May 2011 | 11:37 AM ET
    International Monetary Fund chief Dominique Strauss-Kahn appears in federal court May 16, 2011 in New York City.

    Are Dominique Strauss-Kahn's troubles creating a buying opportunity? This pro says yes.

  • An Air of Willingness Wednesday, 18 May 2011 | 11:28 AM ET

    This debt ceiling deal is going to be a tough slog. But I want to quote House Republican Majority Leader Eric Cantor, who told me on "The Call" Tuesday, there's an air of willingness” in the debt talks with Vice President Biden.

  • US Healthcare Ills Infect 2012-Bound Republicans Wednesday, 18 May 2011 | 2:16 AM ET

    The troubled U.S. healthcare industry, recently a problem for Democrats facing voter anger over President Barack Obama's overhaul law, is now plaguing Republicans hoping to take the White House in 2012.

  • The Euro Zone After Strauss Kahn Wednesday, 18 May 2011 | 12:17 AM ET
    IMF head Dominique Strauss-Kahn

    The sight of Dominique Strauss-Kahn, managing director of the International Monetary Fund and prospective candidate for the French presidency, doing the "perp walk" was stupefying. If the charges are true, this capable man is a lunatic. But, unless the case collapses, the event will cast a long shadow, according to the FT.

  • Strauss-Kahn Won't Have Diplomatic Immunity: IMF Tuesday, 17 May 2011 | 2:23 PM ET
    IMF head Dominique Strauss-Kahn

    In a possible setback to Dominique Strauss-Kahn's defense, the IMF said in a statement that its managing director will not enjoy diplomatic immunity in the sexual assault case against him.

  • House Majority Leader Eric Cantor said there may be hope Democrats and Republicans can come up with a deficit-reduction plan after hearing Minority Leader Nancy Pelosi say everything is on the table.

  • US Debt Holders Willing to Miss Payments: Rep. Ryan Tuesday, 17 May 2011 | 10:12 AM ET

    Holders of US government debt would be willing to miss payments "for a day or two or three or four" if it put the US in a stronger position to pay them later on, Rep. Paul Ryan told CNBC Tuesday.

  • Good Luck Mr. Lipsky, You Will Need It: Economist Tuesday, 17 May 2011 | 4:11 AM ET
    IMF head Dominique Strauss-Kahn

    The gravitas that the IMF needs to hold when walking into a nation's finance ministry or central bank and demand sacrifice for the social good is diminished by the allegations regarding the personal conduct of its managing director, according to Carl Weinberg, the chief economist at Capital Economics.

  • DSK Scandal Boosts French Far Right Tuesday, 17 May 2011 | 3:18 AM ET
    Dominique Strauss-Kahn in court.

    Whatever the outcome of the accusations of rape made against Dominique Strauss Kahn at the weekend, Marine Le Pen leader of France’s Front National was almost certainly right when she said that it marks the end of his campaign — or pre campaign — for the French Presidency.

  • Queen's First Visit to Ireland Clouded by Threats Tuesday, 17 May 2011 | 2:37 AM ET
    Big Ben

    The Queen visits Ireland Tuesday in what will be the first state visit there by a UK monarch since her Grandfather, George V, visited the then UK colony in 1911, but the event is clouded by threats from Irish dissidents.

  • Russia: Undervalued BRIC or Major Risk? Tuesday, 17 May 2011 | 12:36 AM ET

    Following huge losses for the Russian market in 2008, investors have eyed stocks in Moscow skeptically and refused to give them the same rating as those in other BRIC members, Brazil, India and China according to Roland Nash, the chief investment strategist at Verno Capital.

  • One-on-One with Nancy Pelosi Monday, 16 May 2011 | 4:16 PM ET
    Speaker of the House Nancy Pelosi (D-CA) speaks during her weekly news conference at the US Capitol in Washington, DC.

    Earlier today, I had the pleasure of interviewing former Speaker and now House Democratic leader, Nancy Pelosi. We’ve had several interviews down through the years. And while we’ve disagreed on a number of topics, I do have enormous personal respect for her.

  • Euro bills

    Dominique Strauss-Kahn may be in trouble, but it's not going to dent the euro, these experts say. 

  • The Debt Crisis and Mortgage Rates Monday, 16 May 2011 | 2:39 PM ET

    If you're not talking about the head of the IMF today, then the only thing left really is the debt ceiling, which we officially reached today. While estimates are that it will take until August for the US to actually default on its debt obligations, the concern in the short term is how Wall Street sees the situation and how that will be reflected in the bond market and in mortgage interest rates.

  • Busch: 3 Debt Musketeers Monday, 16 May 2011 | 10:59 AM ET

    Today, European finance ministers are meeting with a heavy and difficult schedule on periphery debt. While the Dominique Strauss-Kahn imbroglio/sex case makes it way through the US judicial system, the European debt situation should not be materially changed in a negative way by the development.

  • France's Unemployed About to Become Criminals? Monday, 16 May 2011 | 4:30 AM ET

    French politicians are up in arms against proposals that would force those benefiting from state aid to do community service hours, which in the country's legal system are part of a list of punishments for those condemned for crimes such as damaging goods, petty theft or insulting the police.

  • BP May Buy Out Russian Partner for $30 Billion: Report Monday, 16 May 2011 | 12:39 AM ET
    BP sign

    BP  is back in last-ditch talks to buy out the Russian partners in its joint venture TNK-BP Ltd, in a deal that could be worth $30 billion or more, the Wall Street Journal reported on Sunday.