Political Capital
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Derek Wallbank

covers the House of Representatives. He has been reporting in Washington since 2008.

One of the 243 immigrants deported from the United States after being registered by migration authorities upon her arrival at the Air Force base in Guatemala City on Jan. 2, 2014.

Photograph by Johan Ordonez/AAFP via Getty Images

One of the 243 immigrants deported from the United States after being registered by migration authorities upon her arrival at the Air Force base in Guatemala City on Jan. 2, 2014.

Republicans Warn Obama on Immigration

Republican senators say they have “grave concerns” that President Barack Obama may change immigration enforcement and deportation policies in a way that “would represent a near complete abandonment of basic immigration enforcement and discard the rule of law and the...

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An attendee during the Inside Bitcoins conference in New York on April 7, 2014.

Photograph by Jin Lee/Bloomberg

An attendee during the Inside Bitcoins conference in New York on April 7, 2014.

Bitcoin, Pot Ripe for Congressional Action — (Don’t Hold Your Breath)

Bitcoin and marijuana are among the issues on which Congress should provide clarity — though probably won’t this year — Rep. Jared Polis says. “In general, it’s better for Congress to reasonably consider these things and provide a uniform statutory...

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Frank: High-Frequency Trading Deserves Congressional Hearings

Flash: Former House Financial Services Chairman Barney Frank says Congress should hold hearings into high-frequency trading to see if the “transformative” technology has out-stripped the federal government’s regulations intended to police it. “I think there should be serious inquiries,” the...

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In line to purchase copies of President Barack Obama's Fiscal Year 2015 Budget at the Government Printing Office bookstore in Washington, D.C., on March 4, 2014.

Photograph by Andrew Harrer/Bloomberg

In line to purchase copies of President Barack Obama's Fiscal Year 2015 Budget at the Government Printing Office bookstore in Washington, D.C., on March 4, 2014.

Republicans Offer Obama Budget — Set-up for Failed Shutout

Updated at 5:50 pm EDT President Barack Obama can’t offer his own amendment to the House Republican budget, so South Carolina Republican Mick Mulvaney has helpfully assistED. The result was sure to be a resounding defeat of an amendment intended...

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The U.S.-Mexico border fence during a special 'Mass on the Border' on April 1, 2014 in Nogales, Arizona.

Photograph by John Moore/Getty Images

The U.S.-Mexico border fence during a special 'Mass on the Border' on April 1, 2014 in Nogales, Arizona.

Immigration Message: Passage Not the Point of Amendment

Let’s get this out of the way first : The budget is always a political messaging bill. Even more so this year, given that Congress has already set top-line spending levels for the next fiscal year. It’s such a messaging...

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A journalist watches C-SPAN TV showing Senator Ted Cruz (R-TX) on Sept. 25, 2013 in Washington, DC.

Photograph by Mladen Antonov/AFP via Getty Images

A journalist watches C-SPAN TV showing Senator Ted Cruz (R-TX) on Sept. 25, 2013 in Washington, DC.

C-Span at 35: ‘Gohmert Hour,’ Cruz’s All-Nighter and More

The first voice you hear is Tip O’Neill’s, the first speech was Al Gore’s. “Television will change this institution, Mr. Speaker, just as it changed the executive branch,” said Gore, then still a representative from Tennessee. “But the good will...

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U.S. House Speaker John Boehner, a Republican from Ohio, at the Capitol in Washington, D.C.

Photograph by Pete Marovich/Bloomberg

U.S. House Speaker John Boehner, a Republican from Ohio, at the Capitol in Washington, D.C.

Boehner to Reporter: ‘I Can Dish It Out — And I Can Take It.’

In politics, knowing how to take a joke helps. Never more so than when covering House Speaker John Boehner, who’s known for commenting on reporters’ sartorial choices which he finds, let’s say, questionable. Today, wearing a purple shirt and purple...

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A Polar bear and her cubs along the Beaufort Sea Coastline of Alaska.

Source: Alaska Image Library/U.S. Fish and Wildlife Service via Bloomberg

A Polar bear and her cubs along the Beaufort Sea Coastline of Alaska.

Dead Polar Bears Beat Debt Ceiling — on the Congressional Agenda

The U.S. is scheduled to hit its statutory debt ceiling on Feb. 7 — this coming Friday — so it would stand to reason that Congress is going to spend the week focused on raising the debt limit, right? Well,...

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