Cary O'Reilly
is Editor at Large at Bloomberg First Word and is Washington Daybook columnist for Bloomberg Government and Bloomberg News.
is Editor at Large at Bloomberg First Word and is Washington Daybook columnist for Bloomberg Government and Bloomberg News.
Lawmakers, like college students, are looking forward to Spring break, with two weeks away from Washington to relax and celebrate Easter and Passover with family and constituents. But first, that small matter of keeping the government funded past next week....
Read more »
Photograph by Victor J. Blue/Bloomberg
Workers raise a JPMorgan Chase & Co. flag at company headquarters in New York.
A report on a Senate committee’s probe of JPMorgan’s record loss last year by a trader known as “The Whale” will be released today. The flawed bet on credit derivatives cost the company more than $6.2 billion and stained Chief...
Read more »
Photograph by Andrew Harrer/Bloomberg
The nomination of Richard Cordray to head the Consumer Finance Protection Bureau is up before the Senate Banking Committee.
President Barack Obama travels to Capitol Hill today to meet with Senate Democrats during their weekly caucus, the firstof a series of meetings the president plans to hold with lawmakers. Next up: visits with the House Republican conference tomorrow and...
Read more »
Photograph by Andrew Harrer/Bloomberg
Representative Paul Ryan, a Republican from Wisconsin, holds a copy of the Fiscal Year 2013 Budget while chairing a House Budget Committee hearing in Washington in this Feb. 16, 2012 file photo.
The Treasury Department will update the size and scope of the federal budget problem when it reports on February’s deficit, with economists surveyed by Bloomberg saying it could be more than $200 billion. House Budget Committee Chairman Paul Ryan, a...
Read more »
Photograph by Ty Wright/Bloomberg
Employees install furniture and wiring in pontoon boats in Elkhart, Indiana.
HBO has “Game of Thrones.” In Washington, it’s a game of numbers. Employers added 236,000 workers to payrolls in February after 157,000 a month earlier, showing progress in the labor market that could help President Barack Obama’s approval numbers. The...
Read more »
Photograph by Win McNamee/Getty Images
Rep. Paul Ryan in front of the USS Wisconsin in Norfolk, Virginia, in this file photo.
Rand Paul’s quixotic filibuster against John Brennan’s nomination as CIA director in which he droned on about the issue of, well, drones, lasted a respectable 12 hours, 52 minutes. That places him between Strom Thurmond’s 24 hour rant against the...
Read more »
Photograph by Chip Somodevilla/Getty Images
Workers remove a heavy mixture of snow and ice from the west front of the U.S. Supreme Court on March 6, 2013 in Washington.
Federal offices are closed today as a nameless storm is expected to drop as much as 10 inches of snow on Washington. Most schools, courts and military bases are also shuttered. While executive-branch offices are closed, Congress plans to do...
Read more »
Photograph by Andrew Harrer/Bloomberg
John Brennan, nominee for director of the Central Intelligence Agency (CIA) and White House chief counterterrorism adviser, center, speaks during a Senate Select Intelligence Committee hearing in Washington.
The Senate Intelligence Committee plans to consider the nomination of John Brennan to be CIA director, setting up a floor vote later in the week. The Senate Budget Committee looks for ways to eliminate giveaways in the tax code, with testimony from Jared...
Read more »
Photograph by Jewel Samad/AFP via Getty Images
President Barack Obama speaks during a cabinet meeting at the White House in Washington on Nov. 28, 2012.
President Obama fills out his second-term Cabinet today by selecting Ernest Moniz to head the Energy Department and Gina McCarthy to run the Environmental Protection Agency. He’ll also tap Sylvia Mathews Burwell, president of the Wal-Mart Foundation, to head the...
Read more »
Photograph by Derick E. Hingle/Bloomberg
The USS Arlington, front, and USS San Diego, rear, both U.S. Navy amphibious transport dock ships, sit at the dock at Ingalls Shipbuilding yard, a division of Huntington Ingalls Industries Inc.
President Barack Obama will tell workers at a Huntington Ingalls shipbuilding facility in Newport News, Virginia, today that their jobs may depend on his ability to work out a compromise with Republicans in Congress over sequestration. Huntington CEO Michael Petters speaks on Bloomberg...
Read more »