John Koskinen, President Barack Obama’s nominee to run the U.S. Internal Revenue Service, said at a Senate panel’s confirmation hearing that he would work to restore the public’s trust in the tax agency.
Honeywell International Inc., whose political action committee donates more money than any other corporate PAC, and the U.S. Chamber of Commerce, which spends more to lobby Congress than anyone else, saw long-sought legislation on asbestos claims advance in Congress today.
Senator Charles Schumer endorsed Hillary Clinton for the Democratic presidential nomination in an Iowa speech yesterday, more than two years before the state hosts the country’s first presidential caucuses.
Hillary Clinton’s re-emergence on the national scene to address major policy issues and campaign for political allies is casting a shadow over her party’s still- unformed 2016 presidential field -- and risking her own prime spot at its pinnacle.
Caroline Hunter’s six-year term on the Federal Election Commission expires today. If recent history is any guide, what will happen next is ... nothing. Of the six seats on the FEC, which interprets and administers the nation’s election laws, one is vacant and the others are occupied by commissioners with expired terms. It’s tempting to conclude from this that inertia dominates the FEC but that would be mistaken: The commission is more destructive than mere inertia could possibly allow.
Defense industry lobbyists are bearing down on members of Congress in a bid to avert $52 billion in automatic spending cuts, part of a series of reductions that threaten to reshape military programs and contractors’ profits for years.
After 12 years of Mayor Michael Bloomberg boosting New York’s finance industry, Wall Street is adjusting to the almost inevitable election of Bill de Blasio, who is campaigning against income inequality and calling for higher taxes on the rich.
On Oct. 8, the U.S. Supreme Court will hear oral arguments in McCutcheon v. Federal Election Commission, a constitutional challenge to the limits on how much an individual can contribute to independent committees during a two-year election cycle.
Northrop Grumman Corp. tripled its political giving and increased spending on lobbying as it fended off Obama administration efforts to cut spending for a version of its Global Hawk surveillance drone.