Political Capital
The Delta Queen Riverboat & Market Street Bridge in Chattanooga,Tennessee

Photograph by Richard Cummins/Corbis

The Delta Queen Riverboat & Market Street Bridge in Chattanooga,Tennessee

Will Congress Let the Historic Delta Queen Sail Again?

With Jackson Knapp From Bloomberg Government’s Congress Tracker blog As recently as three years ago, this could have been handled with an earmark. Given the ban on targeted spending, the case of a docked historic steamship is being handled with...

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Homes under construction stand at the Gale Ranch housing development in San Ramon, California, on June 15, 2013

Photograph by David Paul Morris/Bloomberg

Homes under construction stand at the Gale Ranch housing development in San Ramon, California, on June 15, 2013

Bloomberg by the Numbers: 9.9%

That’s how much housing starts fell in June from the previous month. Construction on new residences fell to an annualized rate of 836,000 in June, compared with a revised 928,000 in May, according to the Commerce Department. The figures contrasted...

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Former Republican presidential candidate Mitt Romney speaks at the 40th annual Conservative Political Action Conference (CPAC) on March 15, 2013 in National Harbor, Maryland

Photograph by Alex Wong/Getty Images

Former Republican presidential candidate Mitt Romney speaks at the 40th annual Conservative Political Action Conference (CPAC) on March 15, 2013 in National Harbor, Maryland

Republicans Post-Romney = Democrats Post-Dukakis: Brookings

“Is the GOP DOA?” they were asking over at Brookings today. The forum on the future of the Republican Party staged at the Washington-based research institute opened with a comparison of the state the Republican Party finds itself in today,...

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Russian President Vladimir Putin inspects military exercises in the Pacific Ocean near the Sakhalin island on July 16, 2013

Photograph by Alexei Nikolsky/AFP via Getty Images

Russian President Vladimir Putin inspects military exercises in the Pacific Ocean near the Sakhalin island on July 16, 2013

Obama-Putin Summit on Snowden Hold?

Will President Barack Obama skip a planned meeting in September with Russian President Vladimir Putin as a way of showing American displeasure over Russia’s failure to return national security leaker Edward Snowden to U.S. soil? That seems to be the...

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Cory Booker, mayor of Newark, New Jersey, arrives at the 2012 Allen & Co. Media and Technology Conference in Sun Valley, Idaho

Photograph by David Paul Morris/Bloomberg

Cory Booker, mayor of Newark, New Jersey, arrives at the 2012 Allen & Co. Media and Technology Conference in Sun Valley, Idaho

Zuckerberg, Spielberg, Affleck in All-Star Financing of Booker for Senate

Cory Booker raised $4.6 million in the second quarter for his New Jersey U.S. Senate campaign with help from some big names in business, entertainment, government and technology. Booker, the Democratic mayor of Newark, received donations from Facebook Inc. chief...

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Sally Jewell, while the nominee for U.S. Interior secretary, speaks at a Senate Energy and Natural Resources Committee hearing in Washington, D.C., on March 7, 2013

Photograph by Andrew Harrer/Bloomberg

Sally Jewell, while the nominee for U.S. Interior secretary, speaks at a Senate Energy and Natural Resources Committee hearing in Washington, D.C., on March 7, 2013

Jewell: ‘When I Fracked a Well’

Interior Secretary Sally Jewell may have come to Washington by way of REI, the outdoorsmen’s and women’s adventure outfitter, yet she has some bona fides in oil engineering. She put that resume to use today, swatting aside some industry talking...

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A new home under construction stands at the Toll Brothers Inc. Cattail Overlook development in Glenelg, Maryland

Photograph by Andrew Harrer/Bloomberg

A new home under construction stands at the Toll Brothers Inc. Cattail Overlook development in Glenelg, Maryland

New-Home Stock About to Dry Up?

Unexpectedly weak data on residential construction from the Commerce Department today may mean the supply of new houses on the market is going to get very slim. That’s the conclusion reached by economists at Morgan Stanley in New York. The...

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This Town: Two Parties and a Funeral-Plus, Plenty of Valet Parking!-in America's Gilded Capital, by Mark Leibovich

Courtesy Blue Rider Press/Penguin Group

This Town: Two Parties and a Funeral-Plus, Plenty of Valet Parking!-in America's Gilded Capital, by Mark Leibovich

#ThisTown: Patent Pending

“This town” is not a trademark. Yet somehow, the two words, spoken however casually, affectionately or not, about the nation’s capital are becoming the social networking equivalent of a literary allusion. In “this town,” former White House Press Secretary Robert...

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Federal Reserve Chairman Ben Bernanke at what is most likely his last Capitol Hill appearance during the House Financial Services Committee hearing on the monetary policy and the state of the economy on July 17, 2013

Photograph by Douglas Graham/CQ Roll Call

Federal Reserve Chairman Ben Bernanke at what is most likely his last Capitol Hill appearance during the House Financial Services Committee hearing on the monetary policy and the state of the economy on July 17, 2013

Bernanke to Congress: Can You Hear Me Now?

Whether illustrative of how government doesn’t work or an example of why budget cuts are short-sighted, Federal Reserve Chairman Ben Bernanke began his semi-annual testimony to Congress today by sitting down in front of a dead microphone. As C-SPAN 3...

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President Barack Obama thanks campaign volunteers at the "Obama For America" Orlando field office on Oct. 28, 2012

Photograph by Joe Burbank/Orlando Sentinel/MCT via Getty Images

President Barack Obama thanks campaign volunteers at the "Obama For America" Orlando field office on Oct. 28, 2012

Obama Campaign Rents Mailing List to Obama Nonprofit

President Barack Obama’s supporters have made money by renting information to themselves. Obama’s re-election committee, Obama for America, raised $662,689 by selling equipment and renting its mailing list to Organizing for Action, the nonprofit created out of the campaign apparatus. The...

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