Almost three years ago, when Goldman Sachs Group Inc. paid $550 million to settle fraud accusations by the Securities and Exchange Commission, one of the claims was that Goldman misled the bond-insurer ACA Financial Guaranty Corp. in a horribly complex deal named Abacus.
President Barack Obama called on Congress to “fully fund” his request to bolster security at U.S. diplomatic outposts as he sought to contain political fallout from last year’s deadly attack in Benghazi, Libya.
President Barack Obama plans to choose a new acting commissioner of the Internal Revenue Service this week as the first congressional hearings begin into the agency’s selective scrutiny of small-government groups, according to an administration official.
President Barack Obama forced out the head of the Internal Revenue Service over the agency’s selective screening of nonprofit groups, as the administration sought to contain scandals imperiling its second-term agenda.
Under pressure from lawmakers and journalism groups for the Justice Department’s subpoena of reporters’ telephone records, the Obama administration sought to revive a bill to help journalists protect confidential sources.
President Barack Obama announced the resignation of acting Internal Revenue Service Commissioner Steven Miller amid an escalating scandal over the agency’s selective scrutiny of nonprofit organizations.
The widening inquiries into the Internal Revenue Service are focusing less on why employees singled out small-government groups for scrutiny and more on agency executives who didn’t inform Congress earlier.
Allies of President Barack Obama are warning the administration that it has been too slow in responding to a cascading set of scandals and risks letting Republicans define his second term and derail his agenda.
The U.S. Justice Department official supervising an investigation of national security leaks to the news media said the government struck the right balance when it subpoenaed phone records of Associated Press reporters and editors without informing the news organization.