Former House majority leader Dick Armey (R-TX) agreed to resign as chairman of the tea party group FreedomWorks in exchange for $8 million in consulting fees, a confidential contract shows. Armey left the group because of an internal split over the direction of the organization.
Nearly two years after Wall Street waged a successful campaign to keep consumer advocate (now Senator-elect) Elizabeth Warren, D-MA, from running the Consumer Financial Protection Bureau, she has been tapped to serve on the Senate Banking Committee, making her one of the top Wall Street watchdogs on the Hill, Bloomberg...
Former Sen. Bob Dole’s presence on the Senate floor to help pass ratification of the U.N. disabilities treaty is still the buzz of the Capitol. The Republican from Kansas, in a wheelchair and accompanied by his wife, former Sen. Elizabeth Dole, came to the floor before the vote began, as...
By a 98-0 margin, the Senate on Tuesday passed a sweeping defense bill authorizing $631 billion for Pentagon programs. Before the Pentagon can get its check, however, lawmakers must resolve some outstanding differences between the Senate bill and the version the House passed in May. The White House has already...
The U.S., which is sitting on a glut of cheap natural gas, stands to gain economically by exporting, concludes a long-awaited Energy Department report released on Wednesday. The report appears to pave the way for approval in 2013 of up to 20 permit applications by companies seeking to build export...
You know the presidential election is over when today’s monthly jobs report is far from the top political story of the day. The monthly jobs numbers: 146,000 jobs created in November; unemployment rate drops to 7.7%: The Wall Street Journal calls today’s report the “Least important jobs report in 5...
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