Political Capital
Mel Watt, a Democrat from North Carolina and President Barack Obama's nominee as director of the Federal Housing Finance Agency, during a Senate Banking Committee nominations hearing in Washington, D.C. in June

Photograph by Andrew Harrer/Bloomberg

Mel Watt, a Democrat from North Carolina and President Barack Obama's nominee as director of the Federal Housing Finance Agency, during a Senate Banking Committee nominations hearing in Washington, D.C. in June

Tennis Team Pairs Cabinet’s Sperling, Krueger

“I’m ready,” said North Carolina Democratic Congressman Mel Watt, loosening his tie while carrying a Wilson racket bag into the pre-game reception for last night’s Washington Kastles Charity Classic. An hour later, the nominee to become the next director of the Federal Housing...

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The global headquarters of General Motors Co. in view behind abandoned homes in Detroit, Michigan, on June 6, 2013

Photograph by Jeff Kowalsky/Bloomberg

The global headquarters of General Motors Co. in view behind abandoned homes in Detroit, Michigan, on June 6, 2013

Bloomberg by the Numbers: 62%

That’s how much Detroit’s population declined from 1950 from 2012, according to Census Bureau data. Detroit’s population was 701,475 in July 2012, according to a Census Bureau estimate, down from 713,777 in 2010 and a peak of 1,849,569 in 1950,...

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Amy Klobuchar, a Democratic senator from Minnesota, speaks during the 2008 Democratic National Convention in Denver

Photograph by Keith Bedford/Bloomberg

Amy Klobuchar, a Democratic senator from Minnesota, speaks during the 2008 Democratic National Convention in Denver

Klobuchar to Make August Stop in Iowa — Perhaps a ’16 Prelude?

It was just last November that Democrat Amy Klobuchar of Minnesota got her ticket punched for another six years in the U.S. Senate. Indeed, she waltzed to a second term, winning almost two-thirds of the vote and outpacing her hapless Republican...

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A still from the "ObamaCareNado" ad by Crossroads GPS, with sources from Fox News quoted

Courtesy CrossroadsGPSChannel via YouTube

A still from the "ObamaCareNado" ad by Crossroads GPS, with sources from Fox News quoted

SharkNado Inspires Crossroads GPS Anti-Obamacare Ad

What’s scarier: A tornado full of sharks or a tornado full of politicians? Crossroads Grassroots Policy Strategies might soon find out. The nonprofit group backed by Karl Rove equates the two “perfect storm” scenarios in its new ad, “ObamaCareNado.” The...

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First lady Michelle Obama talks with Chicago teens participating in Urban Alliance, a career training program run by Mayor Rahm Emanuel's wife Amy Rule, on July 18, 2013, in Chicago

Photograph by M. Spencer Green/AP Photo

First lady Michelle Obama talks with Chicago teens participating in Urban Alliance, a career training program run by Mayor Rahm Emanuel's wife Amy Rule, on July 18, 2013, in Chicago

FLOTUS in Chicago: Beyonce, Rahm and Youth Empowerment

First Lady Michelle Obama visited a career education and employment program for underserved high school seniors in Chicago today, conducting some official business the morning after attending a Beyonce concert at the city’s United Center. The model for what keeps...

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Speaker of the House John Boehner, R-Ohio, meets with reporters, taking questions on immigration, student loans, and GOP-led efforts to stop President Barack Obama's signature health care law, on Capitol Hill in Washington, July 18, 2013

Photograph by J. Scott Applewhite/AP Photo

Speaker of the House John Boehner, R-Ohio, meets with reporters, taking questions on immigration, student loans, and GOP-led efforts to stop President Barack Obama's signature health care law, on Capitol Hill in Washington, July 18, 2013

Boehner Calls for Immigration Vote Before Debt Limit Debate

House Speaker John Boehner says he wants a vote on immigration legislation before negotiations begin later this year over raising the U.S. debt limit. Boehner, who is insisting on a bill-by-bill approach to revising immigration laws, said “I would hope...

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Gov. Rick Perry, third from left at podium, speaks at a signing ceremony for the abortion restriction bill at the Capitol auditorium in Texas

Photograph by Jay Janner/MCT via Zuma Press

Gov. Rick Perry, third from left at podium, speaks at a signing ceremony for the abortion restriction bill at the Capitol auditorium in Texas

Perry Signs Abortion Law as Texas Lawmakers Thank God

Texas lawmakers are thanking God and their constituents for the anti-abortion legislation Gov. Rick Perry signed into law today. Perry signed the bill, which critics say may force closure of abortion clinics, after debate over the legislation sparked the most...

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Senator Max Baucus, a Democrat from Montana and chairman of the Senate Finance Committee, speaks before a Bloomberg Television interview in Washington, D.C., on May 16, 2013

Photograph by Julia Schmalz/Bloomberg

Senator Max Baucus, a Democrat from Montana and chairman of the Senate Finance Committee, speaks before a Bloomberg Television interview in Washington, D.C., on May 16, 2013

Top Tax-Writers Predict Passage of Code Rewrite

A tax code rewrite has more than a 50 percent chance of passing, Senate Finance Chairman Max Baucus and House Ways and Means Chairman Dave Camp both said today. “Above 50 percent,” Baucus, a Montana Democrat, said at an Economic Club luncheon...

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Dancers entertain the crowd during an event in Capitol Visitor Center Emancipation Hall in Washington DC, to honor Nelson Mandela and to celebrate his birthday on July 18, 2013

Photograph by Douglas Graham/CQ Roll Call

Dancers entertain the crowd during an event in Capitol Visitor Center Emancipation Hall in Washington DC, to honor Nelson Mandela and to celebrate his birthday on July 18, 2013

U.S. Lawmakers Celebrate Mandela’s 95th Birthday

Members of Congress sent their good wishes to former South African President Nelson Mandela this morning at a ceremony marking his 95th birthday. “Scarcely a day goes by without us pointing to Mandela as an example, ” House Speaker John...

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