New Jersey Governor Chris Christie could get knocked out of the 2016 presidential campaign before it even starts if allegations that he lied about his knowledge of politically-motivated traffic jams are true, bipartisan strategists said.
The Democratic Party’s national committees outraised their Republican counterparts last year and are entering the 2014 U.S. elections with more money in the bank and President Barack Obama in his sixth year in office.
President Obama has talked himself into a bind on the Keystone pipeline, which environmentalists turned into a litmus test for his commitment to fighting climate change. He might look for counsel to his own words, in 2005, arguing against the confirmation of John Roberts as chief justice of the Supreme Court.
Venezuelan oil sales to the U.S. are approaching 28-year lows as the country turns to China amid a shale boom that’s flooding U.S. refineries. Now a Canada-U.S. pipeline threatens to further curb its Gulf of Mexico access.
Intellectually, Ben S. Bernanke was prepared to tackle the gravest economic crisis since the 1930s as chairman of the Federal Reserve. A Princeton University economics professor, he was an expert on the causes of the Great Depression. He was a practitioner as well as economic historian, serving on the Fed’s Board of Governors and as chairman of President George W. Bush’s Council of Economic Advisers. Yet in other ways, from dealings with reporters to bankers and members of Congress, there was little that could have prepared Bernanke for the challenges to come. Here are some highlights of his eight-year term, which ends tomorrow:
As Federal Reserve Chairman Ben S. Bernanke shuts the door to his office for a final time in two days, he can say he took actions that were the first or the biggest of their kind in the central bank’s 100-year history. Some will probably also be the last.
Windmill-hugging Europeans announced a plan last week to get 27 percent of their energy from renewables by 2030. If they don’t watch out, they may soon be upstaged by an unlikely eco warrior: the U.S. military.
President Barack Obama urged Congress to back two of the top priorities of U.S. multinational corporations: broader authority for his administration to negotiate trade deals along with changes to immigration laws.