Senate Majority Leader Harry Reid, a Nevada Democrat, said in an interview on Bloomberg Television’s “Political Capital with Al Hunt,” airing this weekend, that he expects the Senate next week to confirm Janet Yellen as chairman of the Federal Reserve and to clear a budget agreement unless Republicans intend to commit “political suicide.”
After encouraging signs at the United Nations and the highest-level contact between the U.S. and Iran in 35 years -- a phone call between President Barack Obama and his Iranian counterpart, Hassan Rouhani -- hurdles still line the path to a deal on Iran’s nuclear program.
President Barack Obama scored a political victory by pressuring BP Plc to commit $20 billion for damages from an environmental disaster that’s weighing on his presidency as the company struggles to contain thousands of barrels of oil flowing into the Gulf of Mexico each day.
Treasury Secretary Timothy F. Geithner followed President Barack Obama to North Carolina, praising Corning’s Inc.’s fiber-optics factory as a model of innovation and prodding Congress into jobs bill passage.
Sarah Palin ’s ride through Washington on a Harley-Davidson Inc. motorcycle yesterday as part of the Rolling Thunder “Ride for Freedom” put her back in the national spotlight as the race for the Republican presidential nomination is revving up.
Choosing a side in his party’s ideological battle, New Jersey Governor Chris Christie attacked libertarian ideas on national security exemplified by U.S. Senator Rand Paul, a possible opponent in the 2016 presidential primary.
President Barack Obama has an uphill battle to win North Carolina again, though he’s keeping the race close enough to make Republican nominee Mitt Romney spend money in a state that Romney must carry to win the Nov. 6 election.
Several presidential candidates have called the 2012 U.S. elections the most important ever. That seems a reach: more important than 1860 or 1932? Yet there is no doubt that the stakes are high this year, not just in the contest for the White House, but also in the most crucial congressional elections in memory.