Political Capital
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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Rep. Michele Bachmann, R-Minn., and Sen. Amy Klobuchar, D-Minn., right, check on judges former Rep. Vin Weber, R-Minn., left, and House Chaplain Patrick Conroy during the second annual 'hotdish' competition in the Capitol Visitor Center, featuring casserole-like dishes from members of the Minnesota Congressional Delegation, on March 7, 2012. The dishes of Sen. Al Franken, D-Minn., and Rep. Chip Cravaack, R-Minn., tied for first place in the competition.

Photograph by Tom Williams/CQ Roll Call/Getty Images

Rep. Michele Bachmann, R-Minn., and Sen. Amy Klobuchar, D-Minn., right, check on judges former Rep. Vin Weber, R-Minn., left, and House Chaplain Patrick Conroy during the second annual 'hotdish' competition in the Capitol Visitor Center, featuring casserole-like dishes from members of the Minnesota Congressional Delegation, on March 7, 2012. The dishes of Sen. Al Franken, D-Minn., and Rep. Chip Cravaack, R-Minn., tied for first place in the competition.

Tater Tots and Pepperoni (Hold the SPAM) — What Congress is Cooking

Can you smell what Congress is cooking? Tater-tots and more, washed down with Jell-O. Not to mention Rep. Michele Bachmann’s volcanic “Metro” dish with a whole can of sweet corn, or Sen. Amy Klobuchar’s hold-the-SPAM (not to be confused with e-mail) pepperoni...

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A Bank of America ATM in Charlotte, North Carolina.

Photograph by John Adkisson/Getty Images

A Bank of America ATM in Charlotte, North Carolina.

Bloomberg by the Numbers: $87,600

That’s the amount of campaign contributions that U.S. Rep. Mel Watt, President Barack Obama’s nominee to oversee Fannie Mae and Freddie Mac, received from Bank of America Corp. employees, beginning with his first House run in 1992. That’s more than Watt, a North...

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New Jersey Governor Chris Christie and Jon Bon Jovi attend the Overdose Prevention Act Bill signing at Barnert Medical Arts Complex on May 2, 2013 in Paterson, New Jersey.

Photograph by Dave Kotinsky/Getty Images

New Jersey Governor Chris Christie and Jon Bon Jovi attend the Overdose Prevention Act Bill signing at Barnert Medical Arts Complex on May 2, 2013 in Paterson, New Jersey.

Chris Christie’s Bon Jovi Gig — Latest in Long Parade of Democrats

Gov. Chris Christie, the New Jersey Republican who took political shots for embracing President Barack Obama days after Hurricane Sandy, brought in a little star power today as rocker Jon Bon Jovi co-headlined a bill-signing ceremony. The event, at which...

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Pedestrians carry shopping bags on Market Street in San Francisco.

Photograph by David Paul Morris/Bloomberg

Pedestrians carry shopping bags on Market Street in San Francisco.

Political Independents Finally Lose Recession Blues

Looking at consumer confidence, political independents are in a Christmas holiday mood — if we look back to 2007. Sentiment among those without a party affiliation climbed last week to the highest level since the week ended December 23, 2007,...

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The Twitter Inc. page belonging to Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc., is seen in this screen grab taken on May 2, 2013. Buffett topped 50,000 followers on Twitter as he sent his first message on the social media site.

Source: Twitter Inc. via Bloomberg

The Twitter Inc. page belonging to Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc., is seen in this screen grab taken on May 2, 2013. Buffett topped 50,000 followers on Twitter as he sent his first message on the social media site.

Warren Buffett ‘Is In The House’ — With More than 270,000 Guests

Updated May 3, 2013, 8:20 am EST Bill Clinton and Warren Buffett are keeping company. With friends like Stephen Colbert. And “where else can you hear from Bill Gates, John McCain, Ellen Degeneres and Usher in one day?” The 43nd...

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Former Secretary of State Hillary Clinton addresses the Vital Voices Global Awards ceremony at the Kennedy Center in Washington on April 2, 2013.

Photograph by Nicholas Kamm/AFP via Getty Images

Former Secretary of State Hillary Clinton addresses the Vital Voices Global Awards ceremony at the Kennedy Center in Washington on April 2, 2013.

Hillary Clinton Isn’t Only Woman Who Could Be President

At this point in time, former Secretary of State Hillary Clinton is the overwhelming frontrunner for the Democratic presidential nomination in 2016 if she decides to run, according to a Quinnipiac University poll out today. If she doesn’t run, the...

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A worker using a handheld transceiver is silhouetted against parked General Motors Co. (GM) Chevrolet automobiles bound for export at the Port of Incheon in South Korea, on April 19, 2013.

Photograph by SeongJoon Cho/Bloomberg

A worker using a handheld transceiver is silhouetted against parked General Motors Co. (GM) Chevrolet automobiles bound for export at the Port of Incheon in South Korea, on April 19, 2013.

Bloomberg by the Numbers: 13

General Motors Co. is expected to report its 13th consecutive profitable quarter today, according to a survey of 16 analysts by Bloomberg. Once derided as Government Motors after the U.S. government provided needed financing to the Detroit-based automaker, GM earned $6.2 billion...

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Federal Reserve chairman Ben Bernanke arrives for a family photo of finance ministers and central bank governors following the G20 meeting at the 2013 World Bank/IMF Spring meetings in Washington on April 19, 2013.

Photograph by Nicholas Kamm/AFP via Getty Images

Federal Reserve chairman Ben Bernanke arrives for a family photo of finance ministers and central bank governors following the G20 meeting at the 2013 World Bank/IMF Spring meetings in Washington on April 19, 2013.

Fed on U.S. Growth: Don’t Blame Us

The Federal Reserve made it clear in describing the U.S. economy today that any fault for this year’s sluggish expansion lies outside the central bank. “Fiscal policy is restraining economic growth,” the Federal Open Market Committee said, with a more direct message than...

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Thomas "Tom" Wheeler, managing director of Core Capital Partners LP and President Barack Obama's nominee as chairman of the Federal Communications Commission (FCC), right, laughs as Obama makes the announcement in the State Dining Room of the White House in Washington, D.C., on May 1, 2013.

Photograph by Andrew Harrer/Bloomberg

Thomas "Tom" Wheeler, managing director of Core Capital Partners LP and President Barack Obama's nominee as chairman of the Federal Communications Commission (FCC), right, laughs as Obama makes the announcement in the State Dining Room of the White House in Washington, D.C., on May 1, 2013.

As Obama Bundler, Wheeler Follows in Genachowski’s Footsteps

In President Barack Obama’s administration, being a prolific fundraiser seems to be among the critieria to chair the Federal Communications Commission. For the second time, Obama reached into his list of campaign bundlers and chose one of the most prolific,...

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