Political Capital
New Jersey Gov. Chris Christie talks during a town hall meeting at Raritan Valley Community College, on April 11, 2013, in Branchburg, N.J.

Photograph by Julio Cortez/AP Photo

New Jersey Gov. Chris Christie talks during a town hall meeting at Raritan Valley Community College, on April 11, 2013, in Branchburg, N.J.

Christie Kills Spider for Schoolkids, Channeling Obama’s Fly-Swatting

One of the fun parts of being governor, Chris Christie tells the schoolchildren: “Any bugs on your desk, you’re allowed to kill them without getting in trouble.” Faced with an uninvited visitor making himself comfortable in his office, the New...

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President Barack Obama, left, greets Penny Pritzker, chairman, president and chief executive officer of Pritzker Realty Group LLC and Obama's nominee as secretary of commerce, in the Rose Garden of the White House in Washington, D.C., on May 2, 2013.

Photograph by Andrew Harrer/Bloomberg

President Barack Obama, left, greets Penny Pritzker, chairman, president and chief executive officer of Pritzker Realty Group LLC and Obama's nominee as secretary of commerce, in the Rose Garden of the White House in Washington, D.C., on May 2, 2013.

Pritzker’s Wealth in Perspective

Is Penny Pritzker the wealthiest person ever to be nominated to the president’s Cabinet? No. The Chicago businesswoman, philanthropist and political fundraiser has a personal net worth estimated at more than $1.5 billion, according to the Bloomberg Billionaires Index. That’s...

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The fossil of the Tyrannosaurus bataar.

Photograph by U.S Attorney Office for the Southern District of New York via AP Images

The fossil of the Tyrannosaurus bataar.

Border Patrolosaurus: Going Home

Who says the U.S. border is porous? The patrol stopped a Tyrannosaurus. And now they’re sending it home. In a repatriation ceremony on Monday, U.S. Immigration and Customs Enforcement (ICE) will hand off a “70 million-year-old nearly complete Tyrannosaurus Bataar...

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President Barack Obama and President Enrique Pena Nieto of Mexico share a toast prior to a working dinner at Los Pinos, Mexico City, Mexico, on May 2, 2013.

Official White House Photo by Pete Souza

President Barack Obama and President Enrique Pena Nieto of Mexico share a toast prior to a working dinner at Los Pinos, Mexico City, Mexico, on May 2, 2013.

Travels with Obama: Casa Amarilla

One of the perks of working at the highest levels of the White House is the travel. President Barack Obama’s journey to Mexico this week carried him and his staff to the historic presidential palace in Mexico City, where the...

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This September 15, 2008 file photo shows the sign for Lehman Brothers headquarters in New York.

Photograph by Nicholas Roberts/AFP via Getty Images

This September 15, 2008 file photo shows the sign for Lehman Brothers headquarters in New York.

Dodd-Frank’s Missing Link

Many critics of the Dodd-Frank financial regulatory overhaul will say that the bill’s biggest shortcoming is its failure to reduce the size of the largest banks — the ones that are “Too Big To Fail.” Federal Reserve Governor Daniel Tarullo,...

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Commuter passengers move through Penn Station on April 16, 2013 in New York City.

Photograph by John Moore/Getty Images

Commuter passengers move through Penn Station on April 16, 2013 in New York City.

April Jobs Report: Caveats

At the risk of raining on Wall Street’s parade today after the Labor Department’s April employment report, there are some caveats in the data. Of the jobs added last month, many were in industries that typically don’t pay a lot. The average number...

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An employee demonstrates how to prepare a room for guests at a hotel in Los Angeles, California.

Photograph by Patrick Fallon/Bloomberg

An employee demonstrates how to prepare a room for guests at a hotel in Los Angeles, California.

Job Market Better-Looking in Rear-View Mirror

The more time government statisticians have to crunch the numbers, the stronger the job market looks — that is assuming you’re not looking to earn in the six figures. On March 8, the Labor Department said employers added 236,000 workers...

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A worker is viewed through protective sheeting on the Brooklyn Bridge on April 30, 2013 in New York City.

Photograph by Spencer Platt/Getty Images

A worker is viewed through protective sheeting on the Brooklyn Bridge on April 30, 2013 in New York City.

Zero-Interest Fed: How Long?

The Labor Department said today that the economy added 165,000 jobs in April. With this kind of moderate-but-not-stellar growth in payrolls, is the Federal Reserve on track to meet its own forecast for its first interest-rate increase? A simple calculation...

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Attendees look at a display of tactical shotguns during the 2013 NRA Annual Meeting and Exhibits at the George R. Brown Convention Center on May 3, 2013 in Houston, Texas.

Photograph by Justin Sullivan/Getty Images

Attendees look at a display of tactical shotguns during the 2013 NRA Annual Meeting and Exhibits at the George R. Brown Convention Center on May 3, 2013 in Houston, Texas.

NRA Convention: Roof-Mounted Microbus Cannon and More

The National Rifle Association is meeting in Houston. Which can only mean one thing. It’s showtime: Colorado’s Magpul brought an intriguing vehicle to Houston. Note the hula girl dashboard accessory. #NRA twitter.com/bykowicz/statu… — Julie Bykowicz (@bykowicz) May 3, 2013  ...

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A worker is viewed through protective sheeting on the Brooklyn Bridge on April 30, 2013 in New York City.

Photograph by Spencer Platt/Getty Images

A worker is viewed through protective sheeting on the Brooklyn Bridge on April 30, 2013 in New York City.

Divided Views of U.S. Economy Remain with Jobs Report: BGov

With the employment report today beating expectations – at 165,000 new jobs, above the widely expected 140,000 gain – the U.S. economy continues to chug along at a steady, though unexciting pace. The unemployment rate ticked down by 0.1 percent...

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