Political Capital
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Bob Drummond

I edit government and political news in the Bloomberg News Washington bureau. I’ve also covered the U.S. Supreme Court, worked as an investigative reporter for Bloomberg Markets magazine, and been a team leader for our Securities and Exchange Commission coverage.

Republican presidential candidates Sen. Sam Brownback, left, former Massachusetts Governor Mitt Romney, center, and former New York City Mayor Rudolph W. Giuliani in a GOP presidential debate at Saint Anselms College in this June 5, 2007 file photo in Manchester, New Hampshire.

Photograph by Darren McCollester/Getty Images

Republican presidential candidates Sen. Sam Brownback, left, former Massachusetts Governor Mitt Romney, center, and former New York City Mayor Rudolph W. Giuliani in a GOP presidential debate at Saint Anselms College in this June 5, 2007 file photo in Manchester, New Hampshire.

Where Was Romney June 5, 2007?

Guess what Republican Mitt Romney was doing on June 5, 2007 — the day that Democrat Barack Obama was videotaped speaking of racial injustice and giving a shout-out to the Rev. Jeremiah Wright. Touting his health-care mandate. Romney, who was...

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Joblessness and the accompanying loss of health benefits drove an additional 3.7 million people into the Medicaid program in 2009, the largest single-year increase since the early days of the government insurance plan, according to an annual survey by the Kaiser Family Foundation.

Photograph by Sandy Huffaker/Corbis

Joblessness and the accompanying loss of health benefits drove an additional 3.7 million people into the Medicaid program in 2009, the largest single-year increase since the early days of the government insurance plan, according to an annual survey by the Kaiser Family Foundation.

Debt-Drivers: Baby Boom, Recession

There’s a lot of election-year finger-pointing over blame for the explosion of U.S. debt. It misses some of the biggest culprits: The aging of the Baby Boom generation and sluggish recovery from the deepest recession since the 1930s. The BGOV...

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Democratic Presidential nominee Sen. John Kerry, left, and Vice-Presidential candidate John Edwards at the Democratic National Convention on July 29, 2004 in Boston.

Photograph by Emile Wamsteker/Bloomberg

Democratic Presidential nominee Sen. John Kerry, left, and Vice-Presidential candidate John Edwards at the Democratic National Convention on July 29, 2004 in Boston.

Don’t Hold Your Breath for Veep Nod Anytime Soon

Now that front-runner Mitt Romney has chosen longtime adviser Beth Myers to vet potential vice presidential nominees, political talk is turning to speculation about Romney’s Republican running mate. If history is a guide, don’t hold your breath for an announcement anytime soon. Going...

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Mitt Romney supporters during a Super Tuesday night gathering on March 6, 2012 in Boston.

Photograph by Justin Sullivan/Getty Images

Mitt Romney supporters during a Super Tuesday night gathering on March 6, 2012 in Boston.

Mitt Romney is Getting the Blues

The former Massachusetts Governor may be accumulating a lot of delegates in his quest for the Republican nomination, but he’s doing so largely in states that may not do his party a whole lot of good come November. Like Massachusetts. That...

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Woodrow Wilson in 1916.

Photograph by Tony Essex/Hulton Archive/Getty Images

Woodrow Wilson in 1916.

There’s No Place Like Home

Republican White House hopes may hinge on voters back home. Think of Al Gore. He would have been president if he’d carried his home state of Tennessee in 2000′s photo-finish election. A candidate’s popularity with voters from his own back yard...

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Texas Gov. Rick Perry addresses the the annual Conservative Political Action Conference (CPAC) February 9, 2012 in Washington, DC.

Photograph By: Win McNamee/Getty Images

Texas Gov. Rick Perry addresses the the annual Conservative Political Action Conference (CPAC) February 9, 2012 in Washington, DC.

Perry Still Gets Some Votes

Texas Governor Rick Perry, who bailed out of the Republican presidential competition in January, got more votes this week in Michigan and Arizona than he did in New Hampshire’s primary, where he was actually trying to win. Perry, who put his...

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