Political Capital
President Barack Obama and FBI Director nominee James Comey, center, applaud outgoing FBI Director Robert Mueller during a ceremony announcing Comey's nomination in the Rose Garden of the White House June 21, 2013 in Washington, DC. Comey is a former Justice Department official in the administration of former U.S. President George W. Bush.

Photograph by Win McNamee/Getty Images

President Barack Obama and FBI Director nominee James Comey, center, applaud outgoing FBI Director Robert Mueller during a ceremony announcing Comey's nomination in the Rose Garden of the White House June 21, 2013 in Washington, DC. Comey is a former Justice Department official in the administration of former U.S. President George W. Bush.

Running the FBI: Tall Order

Running the FBI is a tall order. Jim Comey, President Barack Obama says of his nominee for FBI director, is “a man who stands very tall for justice and the rule of law.” Six-feet, eight-inches tall. Assembled with family members...

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Immigrants read voter registration forms before becoming American citizens at a naturalization ceremony on June 21, 2013 in the Brooklyn borough of New York City.

Photograph by John Moore/Getty Images

Immigrants read voter registration forms before becoming American citizens at a naturalization ceremony on June 21, 2013 in the Brooklyn borough of New York City.

Immigration Upside Downplayed

In Washington, the facts seldom get in the way of politics. The Heritage Foundation, led by former Republican Sen. Jim DeMint of South Carolina, has estimated the cost of the bipartisan immigration bill in the Senate at $6 trillion over...

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Attorney General Eric Holder in Washington, D.C., on June 18, 2013.

Photograph by Nicholas Kamm/AFP via Getty Images

Attorney General Eric Holder in Washington, D.C., on June 18, 2013.

Holder Promises ‘Holistic’ Release of Surveillance Explanation

Attorney General Eric Holder says the Obama administration is undertaking a “holistic” effort to declassify more details about government surveillance to give the public a better picture of the programs. “We’d like to do it sooner rather than later, but...

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Ben S. Bernanke, chairman of the U.S. Federal Reserve, during a news conference following the Federal Open Market Committee meeting in Washington, D.C., on June 19, 2013.

Photograph by Pete Marovich/Bloomberg

Ben S. Bernanke, chairman of the U.S. Federal Reserve, during a news conference following the Federal Open Market Committee meeting in Washington, D.C., on June 19, 2013.

Bernanke, Markets: Therapist Needed?

If Bernanke & the markets were going out, they’d need couples’ therapy http://t.co/ImXxVWf2vX — Jared Bernstein (@econjared) June 21, 2013 It’s not only Jared Bernstein who sees the markets catching a cold when Federal Reserve Chairman Ben Bernanke sneezes. And...

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LeBron James #6 of the Miami Heat holds the Bill Russell NBA Finals Most Valuable Player (MVP) trophy while celebrating with Chris Bosh #1 in the locker room following the Heat's victory against the San Antonio Spurs in Game Seven of the 2013 NBA Finals on June 20, 2013 at Amercan Airlines Arena in Miami, Florida.

Photograph by Jesse D. Garrabrant/NBAE via Getty Images

LeBron James #6 of the Miami Heat holds the Bill Russell NBA Finals Most Valuable Player (MVP) trophy while celebrating with Chris Bosh #1 in the locker room following the Heat's victory against the San Antonio Spurs in Game Seven of the 2013 NBA Finals on June 20, 2013 at Amercan Airlines Arena in Miami, Florida.

LeBron James Celebrated DC-Style: ‘Birth of a New Soft Drink’

Feels like Friday, when this tickles the funny bone: May not be legal but I poured some leftover Coke-Cola into a bottle with some leftover Pepsi. Tastes fine. — Mark Knoller (@markknoller) June 21, 2013 The White House is gearing...

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House Speaker John Boehner, a Republican from Ohio, during an interview at the U.S. Capitol in Washington, D.C.

Photograph by Andrew Harrer/Bloomberg

House Speaker John Boehner, a Republican from Ohio, during an interview at the U.S. Capitol in Washington, D.C.

House vs. Senate: Parallel Universes, Lost in Space

House Speaker John Boehner’s embrace this week of the “Hastert Rule” spotlights the parallel universes his chamber and the Senate have evolved into — worlds in which the operative political dynamics virtually ensure stalemate. Here are the utterly contradictory bottom lines: In the...

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Shoppers at an outdoor mall in San Antonio, Texas.

Photograph by Jennifer Whitney/Bloomberg

Shoppers at an outdoor mall in San Antonio, Texas.

Bloomberg by the Numbers: -32.5

That’s the Bloomberg Consumer Comfort Index average this year, the highest since 2007. The weekly gauge can range from 100 to minus 100 and is based on Americans’ views about the national economy, their personal finances and the buying climate....

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Former Florida Governor Jeb Bush arrives for the dedication ceremony at the George W. Bush Library and Museum on the grounds of Southern Methodist University April 25, 2013 in Dallas, Texas.

Photograph by Brendan Smialowski/AFP via Getty Images

Former Florida Governor Jeb Bush arrives for the dedication ceremony at the George W. Bush Library and Museum on the grounds of Southern Methodist University April 25, 2013 in Dallas, Texas.

Jeb Bush: More Republicans Divide, Less Likely They’ll Govern

If Jeb Bush decides to run for president, it appears there are some things he will try not to talk about in the interest of party unity. He got a lot of criticism in the Twitterverse the other day for...

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Sheldon Adelson, chairman and chief executive officer of Las Vegas Sands Corp.

Photograph by Jerome Favre/Bloomberg

Sheldon Adelson, chairman and chief executive officer of Las Vegas Sands Corp.

Casino Mogul Adelson: Internet Gaming ‘Cancer,’ Chris Christie OK

Billionaire Republican donor Sheldon Adelson calls Internet gambling “a cancer” and a “moral issue.” As for one of the first governors who legalized it? That guy’s OK! In an interview today with Bloomberg Television, Adelson said he likes New Jersey...

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