Political Capital

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President Barack Obama arrives to speak before signing an Executive Order titled "Fair Pay and Safe Workplace" in the South Court Auditorium of the Eisenhower Executive Office Building on July 31, 2014.

Photograph by Andrew Harrer/Bloomberg

President Barack Obama arrives to speak before signing an Executive Order titled "Fair Pay and Safe Workplace" in the South Court Auditorium of the Eisenhower Executive Office Building on July 31, 2014.

Obama: No ‘Twiddling Thumbs’

Is this an imperial presidency? President Barack Obama was asked about the stalemate on Capitol Hill and whether that has enabled him to embrace executive powers to their fullest. “I never have a green light. I’m bound by the Constitution....

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Fred Hochberg, chairman and president of the U.S. Export-Import Bank, during the U.S. Export-Import Bank annual conference in Washington, D.C., on April 4, 2013.

Photograph by Andrew Harrer/Bloomberg

Fred Hochberg, chairman and president of the U.S. Export-Import Bank, during the U.S. Export-Import Bank annual conference in Washington, D.C., on April 4, 2013.

Club for Growth Jumps on Frog Jump Congressman Backing Ex-Im Bank

The Club for Growth today is striking back at Republican Rep. Stephen Fincher, a Tennesseean who is parting ways with the Tea Party-aligned group in its drive to shutter the U.S. Export-Import Bank. A congressman who campaigned in 2010 on...

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President Barack Obama greets attendees at the Summit of the Washington Fellowship for the Young African Leaders Initiative(YALI) in Washington, DC on July 28, 2014.

Photograph by Mandel Ngan/AFP via Getty Images

President Barack Obama greets attendees at the Summit of the Washington Fellowship for the Young African Leaders Initiative(YALI) in Washington, DC on July 28, 2014.

Bloomberg by the Numbers: $900 Million

The Obama administration expects at least $900 million in private business deals to be announced at the U.S.-Africa Business Forum that starts today. In bringing representatives from about 50 African nations to Washington, Obama is “working to overcome perceptions on...

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President Barack Obama delivers remarks on the economy at the Uptown Theater in Kansas City, Missouri, July 230, 2014.

Photograph by Jim Watson/AFP via Getty Images

President Barack Obama delivers remarks on the economy at the Uptown Theater in Kansas City, Missouri, July 230, 2014.

Obama to House: ‘Stop Just Hatin”

“Come on,” President Barack said today, as the House advances a resolution authorizing a lawsuit against him alleging overreach in executive actions. “Stop being mad all the time,” Obama said in a rhetorical shout-out to Capitol Hill from a campaign-styled...

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Shoppers are reflected in a mirror during the grand opening of the Hennes & Mauritz AB flagship store in New York on July 17, 2014.

Photograph by Victor J. Blue/Bloomberg

Shoppers are reflected in a mirror during the grand opening of the Hennes & Mauritz AB flagship store in New York on July 17, 2014.

Bloomberg by the Numbers: 90.9

The Conference Board’s consumer confidence index rose to 90.9 this month, the highest since October 2007. The index rose from a revised 86.4 in June. “Obviously the 2.5 million jobs the economy racked up in the last year is making...

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Representative Paul Ryan, a Republican from Wisconsin.

Photograph by Andrew Harrer/Bloomberg

Representative Paul Ryan, a Republican from Wisconsin.

Ryan’s New Poverty Plan — ‘Schizo Steroids:’ Van Hollen

Democrats are attacking an ambitious anti-poverty plan from Rep. Paul Ryan by essentially questioning his credibility. And the former vice presidential candidate welcomes it. Ryan, who’s considering a presidential campaign in 2016, pitched his new plan yesterday promising “not a...

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U.S. Vice President Joe Biden, center, buys an ice-cream at a shop as he tours a Hutong alley with his granddaughter Finnegan Biden, right, and son Hunter Biden, left on Dec. 5, 2013 in Beijing.

Photograph by Andy Wong-Pool/Getty Images

U.S. Vice President Joe Biden, center, buys an ice-cream at a shop as he tours a Hutong alley with his granddaughter Finnegan Biden, right, and son Hunter Biden, left on Dec. 5, 2013 in Beijing.

Biden: Shoulda’ Had One Republican Rich Kid

“I should have had one Republican kid who’d grow up to make money,” Vice President Joe Biden said today, spurred by his audience’s laughter to add: “so when they put me in a home, I get a window with a...

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President Barack Obama disembarks from Air Force One at the Los Angeles International airport on July 23, 2014.

Photograph by Jewel Samad/AFP via Getty Images

President Barack Obama disembarks from Air Force One at the Los Angeles International airport on July 23, 2014.

Obama’s Five-Point Party Pitch — Pelosi Suggests Stepping it Up

He may not be looking so great these days, President Barack Obama says, but the economy is looking up. The political picture in Washington remains bleaker, however, the president said in a pitch today to some of his party’s top...

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A couple cools off with ice cream in front of a display of a butter cow and calf, made from 2,100 pounds of butter, at the Ohio State Fair in Columbus, in this Aug. 3, 2006 file photo.

Photograph by Gary Gardiner/Bloomberg

A couple cools off with ice cream in front of a display of a butter cow and calf, made from 2,100 pounds of butter, at the Ohio State Fair in Columbus, in this Aug. 3, 2006 file photo.

Butter Cow Has Competition: Butter Menagerie

Even better than the fried salad on a stick and funnel cakes on sale at the annual Iowa State Fair: The display of the legendary Butter Cow. This year, the theme is “Field of Dreams” - honoring the 25th anniversary...

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