The Justice Department’s $13 billion mortgage securities settlement with JPMorgan Chase & Co. is a record and also a rarity -- Attorney General Eric Holder’s first big win against a bank at the heart of 2008’s financial crisis.
President Barack Obama’s chief of staff was told that an investigation found IRS employees improperly scrutinized Tea Party and small-government advocacy groups seeking tax-exempt status before the report was made public, White House press secretary Jay Carney said.
Whether the Internal Revenue Service controversy explodes into something bigger comes down to this: Did anyone in the Obama administration know before the Nov. 6 election that the agency singled out Tea Party groups for extra screening?
The almost daily disclosures by the White House about who knew about an IRS investigation before it became public has helped stoke the furor over the agency’s scrutiny of tax-exempt groups and given the president’s harshest critics an opening.
Facebook Inc. and its co-founder Mark Zuckerberg asked a court to order Paul Ceglia, the New York man who claims half of Zuckerberg’s holdings, to turn over the original contract and e-mails on which he bases his suit, saying the steps are needed to short-circuit a fraud on the court.
The Obama administration knew before the 2010 election that Solyndra LLC, a solar-panel maker that received a $535 million U.S. loan guarantee, planned to fire workers, according to e-mails released today.
Senators agreed on a path toward confirmation of Chuck Hagel as U.S. defense secretary, after Republicans said they will drop opposition to acting on his nomination once lawmakers return from a weeklong break.