Political Capital
Christian Slayton, 12, prays while Ret. Marine SSG Tim Chambers salutes fallen soldiers during the Memorial Day Rolling Thunder ride in Washington, DC on May 27, 2012.

Photograph by Linda Davidson/The Washington Post via Getty Images

Christian Slayton, 12, prays while Ret. Marine SSG Tim Chambers salutes fallen soldiers during the Memorial Day Rolling Thunder ride in Washington, DC on May 27, 2012.

Washington Daybook: Rolling Thunder

President Barack Obama speaks at the Naval Academy commencement today. Later, he’ll hold a bill-signing ceremony at the White House to posthumously award Congressional Gold Medals to victims of the Sixteenth Street Baptist Church bombing in Birmingham, Alabama, 50 years...

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Wanda Doerksen squeegees the patio doors of her home as she prepares for an open house in Eugene, Oregon.

Photograph by Ty Wright/Bloomberg

Wanda Doerksen squeegees the patio doors of her home as she prepares for an open house in Eugene, Oregon.

Bloomberg by the Numbers: -20.7

That’s the Bloomberg Consumer Comfort Index among homeowners, the highest reading in more than five years. The index was minus 44.7 among renters. It was minus 29.4 for all respondents in the week ended May 19, compared to minus 30.2...

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Mass. Gov. Deval Patrick, left, applauds while joining Democratic Senate nominee, Rep. Ed Markey, D-Mass., at a campaign event in Boston, on May 8, 2013.

Photograph by Charles Krup/AP Photo

Mass. Gov. Deval Patrick, left, applauds while joining Democratic Senate nominee, Rep. Ed Markey, D-Mass., at a campaign event in Boston, on May 8, 2013.

Markey Gains in Massachusetts Race

Democratic Rep. Ed Markey is widening his lead over Republican opponent Gabriel Gomez in Massachusetts’ race for the U.S. Senate. A new Emerson College survey out today puts Markey 12 points up over Gomez, 45 to 33 percent. The college...

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Canadians were most upbeat, with 82 percent registering a “good” rating of their finances.

Photograph by Brent Lewin/Bloomberg

Canadians were most upbeat, with 82 percent registering a “good” rating of their finances.

Households Rate Their Finances Above Their Government’s

When it comes to making ends meet, consumers say they are doing a better job than their governments. Consumers around the world are more optimistic about their personal finances than those of their national economies, according to a 39-country survey...

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Ben S. Bernanke, chairman of the U.S. Federal Reserve, listens during a Joint Economic Committee hearing in Washington, D.C., on May 22, 2013.

Photograph by Andrew Harrer/Bloomberg

Ben S. Bernanke, chairman of the U.S. Federal Reserve, listens during a Joint Economic Committee hearing in Washington, D.C., on May 22, 2013.

Fed’s Williams: First QE Moderation Won’t Signal More Tapering

An influential Federal Reserve policy maker has a word of caution to financial markets: Any move to slow the Fed’s bond-buying won’t make further tapering or the end of the program a foregone conclusion, San Francisco Fed President John Williams said in...

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A couple looks at home listings at a real estate office in Berkeley, California, on May 17, 2013.

Photograph by David Paul Morris/Bloomberg

A couple looks at home listings at a real estate office in Berkeley, California, on May 17, 2013.

Housing Outlook Brightens Amid Lean Inventories, Price Gains

New single-family home sales are off to the best start for a year since 2008, and lean inventories and rising prices show the outlook for residential construction will continue to brighten. Purchases have averaged an annualized rate of 446,250 homes...

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Pedestrians wait in line to cross the border into the U.S. at the San Ysidro Port of Entry in Tijuana, Mexico.

Photograph by Sam Hodgson/Bloomberg

Pedestrians wait in line to cross the border into the U.S. at the San Ysidro Port of Entry in Tijuana, Mexico.

Majority Supports Legal Status for Immigrants Before Securing Border

A majority of Americans favor giving undocumented immigrants legal status without first securing the borders, according to an ABC News/Washington Post poll out today. As the Senate prepares to take up legislation that passed the Judiciary Committee earlier this week,...

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Tesla Motors Inc. logo is seen on a Model S sedan after the grand opening of the Tesla Supercharger station in Lebec, California.

Photograph by Patrick T. Fallon/Bloomberg

Tesla Motors Inc. logo is seen on a Model S sedan after the grand opening of the Tesla Supercharger station in Lebec, California.

Chrysler Refutes Tesla’s Repayment Claim

Updated with Musk tweets, 3:20 p.m. EST Tesla Motors Inc. yesterday crowed that it was the first and only U.S. automaker to pay back its loan from the U.S. Department of Energy. “Following this payment, Tesla will be the only...

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Christina King, left, and Lynne Sherrer, center, hold signs during a Tea Party Internal Revenue Service (IRS) demonstration on May 21, 2013 in West Palm Beach, Florida.

Photograph by Joe Raedle/Getty Images

Christina King, left, and Lynne Sherrer, center, hold signs during a Tea Party Internal Revenue Service (IRS) demonstration on May 21, 2013 in West Palm Beach, Florida.

McConnell Joins Effort to Tie Health-Care Law to IRS Scandal

Senate Minority Leader Mitch McConnell is adding his voice to those trying to tie the ongoing Internal Revenue Service scandal to the new health-care law, which will expand coverage to more than 25 million uninsured Americans. McConnell, of Kentucky, called for...

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A young Barack Obama in this undated photo made available to the media on Feb. 12, 2008.

Family photo via Bloomberg

A young Barack Obama in this undated photo made available to the media on Feb. 12, 2008.

Young Obama Gave Ladies His Digits

In high school, a young Barack Obama was promiscuous with the Kellis. At least with his phone number. With Time magazine’s publication of Obama’s prom pictures and a flirty note he wrote to his best friend’s date, we now have...

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