Elections Republicans

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  • Ben Bernanke

    The economic data in the US is heading south and investors are beginning to question whether the Federal Reserve will extend its asset-buying program beyond the end of the month.

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    One fund manager calls it a horror show, others are predicting the Federal Reserve will have to extend its unconventional measures and stocks across the world are falling heavily.

  • The Federal Reserve headquarters in Washington, DC.

    The high unemployment rate means the Fed's ultra-easy money policies remain the right course of action, top Federal Reserve officials said on Wednesday.

  • On Monday, May 23rd, Dan Rutherford, the Treasurer of Illinois, began a crusade against the incurrence of more debt. Specifically, he announced that the State of Illinois is on the verge of financial disaster and, in a concise report, he disclosed certain important fiscal facts about Illinois.

  • House Majority Leader Eric Cantor turned the policy temperature down on austerity this week by rolling out a strong economic-growth agenda.

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    The money manager Martin D. Sass loves a good bargain. He snapped up his 1995 Donzi motorboat after it had been repossessed from its previous owner. He made a take-it-or-leave-it offer for a home on Long Island that had been on the market for years, only to later discover he had bought Vincent Astor’s summer home, the New York Times reports.

  • Republican presidential contender Tim Pawlenty said he can unite the party and defeat President Obama in 2012.

  • Pawlenty for President?

    Discussing his economic agenda as a Presidential hopeful and his strategy for support, with Gov. Tim Pawlenty (R) former Minnesota governor.

  • The media/press is going to slather over the election in New York and how the Democrat beat the Republican in the race in a normally Republican district. The outcome should not only be disconcerting for Republicans, but also for investors who own US Treasury securities.

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    A U.S. default on its obligations creates "a different world, and I don’t think you want to be in that world," economist Robert Brusca told CNBC Thursday.

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    U.S. Senators cast enough votes to defeat a Republican proposal to privatize Medicare, a widely expected result but one that Democrats hoped would force GOP Senators to vote in favor of a plan that is increasingly unpopular with voters.

  • Kathy Hochul

    Democrats scored an upset in one of New York’s most conservative Congressional districts on Tuesday, dealing a blow to the national Republican Party in a race that largely turned on the party’s plan to overhaul Medicare. The New York Times reports.

  • Democrat Wins GOP Seat in Upstate NY

    A Democrat wins a closely watched Congressional race in upstate New York, reports CNBC's John Harwood.

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    More defined goals and a longer timeframe are need to reduce spending and shrink the current U.S. deficit, Travelers Insurance Chief Executive Jay Fishman said.

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    The war of words between Republicans and Elizabeth Warren should escalate later Tuesday when the special adviser running the Consumer Financial Protection Bureau testifies before a House subcommittee. Rep. Patrick McHenry, R-N.C., chairman of the Oversight Committee's subcommittee on TARP, told CNBC Tuesday the bureau has been operating without oversight as Warren, claiming to be only an adviser, extends her role behind the scenes.

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    President Obama’s gyroscopic legislative endeavors helped the nation survive the worst financial crisis since the 1930’s. It would have been unfathomable to risk America’s image of economic invincibility and allow the free markets to punish bad behavior. Instead, the Federal Reserve printed money to inflate the stock market and promote economic growth, all courtesy of a low interest rate environment. Now Congress is faced with yet another debt ceiling, and sure enough, they’re scrambling for the next fiscal stunt.

  • The GOP Run for 2012: Ins & Outs

    CNBC's John Harwood has the story of who's in and who's out among the growing list of GOP presidential hopefuls. Those out include; Haley Barbour, Mitch Daniels, and Chris Christie. Those still in the running include; Mitt Romney, Tim Pawlenty, and Rick Santorum.

  • Senator Tom Coburn

    I spoke with the terribly smart, tough, fiscal conservative Sen. Tom Coburn (R-OK) about why he walked out of the "Gang of Six" bipartisan budget talks. In short, what he told me was that the "Gang of Six" budget-cutting package was simply too small.

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    It was a good tax season for Intuit, as it put more money into the pockets of consumers and small businesses through electronic filing, Chief Executive Brad Smith told CNBC Friday.

  • With slow job growth, anemic economic growth at 1.8%, and a looming debt crisis, the United States is searching for answers. One of the solutions offered is individual and corporate tax reform.