Political Capital
Ali al-Naimi, Saudi Arabia's oil minister, gestures to the media prior to the start of the 160th Organization of Petroleum Exporting Countries (OPEC) meeting in Vienna, Austria, on Dec.14, 2011.

Photograph by Vladimir Weiss/Bloomberg

Ali al-Naimi, Saudi Arabia's oil minister, gestures to the media prior to the start of the 160th Organization of Petroleum Exporting Countries (OPEC) meeting in Vienna, Austria, on Dec.14, 2011.

Washington Daybook: To the Summit

Bloomberg LINK hosts a Washington Summit all day today at the headquarters of Foreign Affairs Magazine with speakers including Commodity Futures Trading Commission Chairman Gary Gensler, Federal Communications Commission Chairman Julius Genachowski, Lazard Vice Chairman Gary Parr, White House Council...

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The U.S. Department of the Treasury building in Washington, D.C.

Photograph by Andrew Harrer/Bloomberg

The U.S. Department of the Treasury building in Washington, D.C.

Bloomberg by the Numbers: $35 Bln

That’s how much government debt the Treasury Department projects it will pay down in this year’s second quarter. That would mark the first net decline in debt since 2007, before the deepest recession since the Great Depression took hold. The...

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House of Representatives Democratic candidate for the state of South Carolina Elizabeth Colbert Busch, listens to her opponent Republican candidate for the open Congressional seat of South Carolina, Former South Carolina Governor Mark Sanford, during their debate at the Citadel on April 29, 2013 in Charleston, South Carolina.

Photograph by Richard Ellis/Getty Images

House of Representatives Democratic candidate for the state of South Carolina Elizabeth Colbert Busch, listens to her opponent Republican candidate for the open Congressional seat of South Carolina, Former South Carolina Governor Mark Sanford, during their debate at the Citadel on April 29, 2013 in Charleston, South Carolina.

Sanford vs. Colbert Busch in Debate

Former South Carolina Republican Gov. Mark Sanford promoted his anti-spending views, and Democratic opponent Elizabeth Colbert Busch touted her political independence in their only debate before a May 7 election in a vacant U.S. House district. Sanford, seeking a political...

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A Delta Airlines jet passes an American flag during take-off at Los Angles International Airport (LAX) on April 22, 2013. Delays have been reported throughout the nation because of the furloughing of air traffic controllers under sequestration.

Photograph by David McNew/Getty Images

A Delta Airlines jet passes an American flag during take-off at Los Angles International Airport (LAX) on April 22, 2013. Delays have been reported throughout the nation because of the furloughing of air traffic controllers under sequestration.

Blame Pinned for FAA Flight Delays

Seldom has Congress moved so swiftly as when it responded to the uproar over delays at airports following the FAA’s sequestration-driven furloughs. And the American public hasn’t wasted time assigning blame for the delays. People are pinning it on both the...

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An employee grabs sheets of five dollar to be loaded into a machine at the Bureau of Engraving and Printing in Washington, D.C., on April 23, 2013.

Photograph by Andrew Harrer/Bloomberg

An employee grabs sheets of five dollar to be loaded into a machine at the Bureau of Engraving and Printing in Washington, D.C., on April 23, 2013.

Inflation Concern Misplaced, Prices Cool

Arguably, the most important news from today’s Commerce Department report on consumer spending and incomes had little to do with either. The data also showed inflation is getting uncomfortably low. Prices tied to consumer spending patterns, or the unfortunately named...

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Former Florida governor Jeb Bush autographs his new book 'Immigration Wars: Forging an American Solution' before speaking at the Reagan Library on March 8, 2013 in Simi Valley, California.

Photograph by Kevork Djansezian/Getty Images

Former Florida governor Jeb Bush autographs his new book 'Immigration Wars: Forging an American Solution' before speaking at the Reagan Library on March 8, 2013 in Simi Valley, California.

Jeb Bush’s ‘Best Kept Secret’

“The success of conservative principles is the best kept secret in American politics,” Jeb Bush writes. And it’s all a matter of communication, he says. If what the Republican Party has here is a failure to communicate, the former Florida...

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Rep. Stephen Lynch, D-Mass., center, greets people at a rally to save six-day mail delivery on the Boston Common on March 24, 2013.

Photograph by Steven Senne/AP Photo

Rep. Stephen Lynch, D-Mass., center, greets people at a rally to save six-day mail delivery on the Boston Common on March 24, 2013.

Lynch Calls in Sick Day Before Massachusetts Special Election

Massachusetts Rep. Stephen Lynch faces an uphill battle in tomorrow’s Democratic U.S. Senate primary against his House colleague Ed Markey. Lynch has less cash. He’s down in the polls. A terrorist attack has Bay State residents thinking about other things. And...

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Pipeline sits on the ground near a trench during construction of the Gulf Coast Project pipeline, part of the Keystone XL Pipeline Project, near Ada, Oklahoma.

Photograph by Daniel Acker/Bloomberg

Pipeline sits on the ground near a trench during construction of the Gulf Coast Project pipeline, part of the Keystone XL Pipeline Project, near Ada, Oklahoma.

American Jewish Committee Is Part of Pro-Keystone Lobbying Effort

The American Jewish Committee usually speaks out on Israel and on the plight of Jews worldwide. Now it’s among the four dozen organizations lobbying on the Keystone pipeline. The AJC supports the pipeline, aligning itself with the oil industry and...

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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 and Ginjer: 67% and Smiling

Six months after Sandy, the shores of New Jersey and New York are still climbing out of the rubble of a super-storm’s wrath. Billions of dollars in federal aid which took three months to secure from a resistant House are...

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Members of Moms Demand Action for Gun Sense in America wait to enter the office of Sen. Kelly Ayotte (R-NH) at Russell Senate Office Building on April 17, 2013 in Washington, DC. The group held a 'Stroller Jam' event to call on senators to vote to strengthen gun regulations.

Photograph by Alex Wong/Getty Images

Members of Moms Demand Action for Gun Sense in America wait to enter the office of Sen. Kelly Ayotte (R-NH) at Russell Senate Office Building on April 17, 2013 in Washington, DC. The group held a 'Stroller Jam' event to call on senators to vote to strengthen gun regulations.

Kelly Ayotte Gets Her Gun Ads

There may be no one senator spotlighted so intensely about her vote against background checks for gun-buyers as New Hampshire’s Kelly Ayotte. Fifty percent of New Hampshire voters surveyed by Public Policy Polling after the vote said they would be...

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