Bloomberg

News Opinion Markets Personal Finance Tech Politics Sustainability TV Video Radio

Political Capital

Election 2012

Rep. Michele Bachmann (R-MN) speaks to a reporter after a news conference on May 16, 2013 on Capitol Hill in Washington, DC.

Photograph by Alex Wong/Getty Images

Rep. Michele Bachmann (R-MN) speaks to a reporter after a news conference on May 16, 2013 on Capitol Hill in Washington, DC.

Bachmann Bowing Out in Minnesota

Rep. Michele Bachmann, an erstwhile Republican presidential hopeful and proponent of the anti-tax Tea Party movement, says she won’t run for re-election yet may consider future opportunities in politics. “I have decided next year I will not seek a fifth congressional term,” Bachmann,...

Read more »

Republican strategist Karl Rove at the California Republican Party convention,  in Sacramento, Calif., on March 2, 2013.

Photograph by Rich Pedroncelli/AP Photo

Republican strategist Karl Rove at the California Republican Party convention, in Sacramento, Calif., on March 2, 2013.

Karl Rove’s Scandal-Making Machinery

Of all the so-called scandals that have beset the Obama administration in recent months, the one that can truly be dubbed with the S-word is rolling on: Karl Rove, architect of George W. Bush’s presidential campaigns and fall-guy for the...

Read more »

Delegates hug during day three of the Democratic National Convention (DNC) in Charlotte, North Carolina, on Sept. 6, 2012.

Photograph by Andrew Harrer/Bloomberg

Delegates hug during day three of the Democratic National Convention (DNC) in Charlotte, North Carolina, on Sept. 6, 2012.

Bloomberg By the Numbers: $20.6 Million

The Democratic National Committee’s most recent filings last week showed that the party entered May $20.6 million in debt, thanks in large part to the money spent in 2012 to successfully re-elect President Barack Obama. The figures were contained in...

Read more »

Sheldon Adelson, chairman and chief executive officer of Las Vegas Sands Corp. and chairman of Sands China Ltd., in Macau, China.

Photograph by Daniel J. Groshong/Bloomberg

Sheldon Adelson, chairman and chief executive officer of Las Vegas Sands Corp. and chairman of Sands China Ltd., in Macau, China.

Adelson and Boehner Help House Republicans Raise $5.1 Million

A political donation of $32,400 may seem like couch change for Sheldon Adelson, the casino executive with a $27.9 billion net worth who gave tens of millions of dollars to Republicans during the 2012 election. Yet $32,400 is the maximum...

Read more »

A taxi leaves the Hyatt Regency Chicago hotel.

Photograph by Tim Boyle/Bloomberg

A taxi leaves the Hyatt Regency Chicago hotel.

Hotel Union Protests Obama Commerce Nominee

Updated 3:20 p.m. EST Hotel and restaurant union workers plan to protest President Barack Obama’s pick of billionaire Hyatt heiress Penny Pritzker to lead the U.S. Department of Commerce. “Hyatt has singled itself out as the worst hotel employer in...

Read more »

Cayman Islands

Photograph by Greg Johnston

Cayman Islands

Nonprofits: Cayman Islands of Political Money

Social welfare nonprofits, which can keep their donors secret, are a lot like Russian nesting dolls: Open one, and you’ll find a smaller version inside. That’s what courts in California discovered last year when they tried to figure out who...

Read more »

People march through the streets of Oxnard, California, for immigration reform and to honor the legacy of Cesar E. Chavez, founder of the United Farm Workers of America, on March 24, 2013.

Photograph by Joe Klamar/AFP via Getty Images

People march through the streets of Oxnard, California, for immigration reform and to honor the legacy of Cesar E. Chavez, founder of the United Farm Workers of America, on March 24, 2013.

Immigration Bill: Promise with a Prayer

At the rose-adorned grave-site of Cesar Chavez, co-founder of the National Farm Workers Association, widow Helen Chavez had one wish for the visiting President Barack Obama. “I would like to make sure and request that you get immigration reform passed,”...

Read more »

A Tea Party Express rally prior to the arrival of former GOP vice presidential candidate Sarah Palin in Phoenix.

Photograph by Ross D. Franklin/AP Photo

A Tea Party Express rally prior to the arrival of former GOP vice presidential candidate Sarah Palin in Phoenix.

IRS to Tea Party Groups: Tell Us Everything

The Internal Revenue Service had questions. Lots of questions. The U.S. tax agency has acknowledged targeting anti-tax groups with “Tea Party” or “patriot” in their names for extra scrutiny — an admission that has Congress asking questions of its own....

Read more »

Technicians stand in front of a large television screen as it displays footage of cookies bearing the image of President Barack Obama prior to an election night rally in Chicago, Illinois, on Nov. 6, 2012.

Photograph by Daniel Acker/Bloomberg

Technicians stand in front of a large television screen as it displays footage of cookies bearing the image of President Barack Obama prior to an election night rally in Chicago, Illinois, on Nov. 6, 2012.

Obama, Romney Vote Totals Still Changing

Six months after the 2012 presidential election, you’d think we’d know for sure how many votes President Barack Obama and Republican challenger Mitt Romney received. It turns out, though, that exact numbers are still elusive because of late revisions to...

Read more »

A bilingual sign stands outside a polling center in Texas.

Photograph by by John Moore/Getty Images

A bilingual sign stands outside a polling center in Texas.

Bloomberg by the Numbers: 48%

That’s the share of eligible Hispanics who voted in the 2012 presidential election. The voter turnout rate among Hispanics — a burgeoning bloc that leans Democratic — fell from 49.9 percent in 2008, when President Barack Obama won his first...

Read more »