Political Capital
Secretary of State Hillary Clinton testifies before the House Foreign Affairs Committee on Capitol Hill on January 23, 2013 about the security failures during the September 11 attacks against the U.S. mission in Benghazi, Libya, that led to the death of four Americans, including U.S. Ambassador Christopher Stevens.

Photograph by Chip Somodevilla/Getty Images

Secretary of State Hillary Clinton testifies before the House Foreign Affairs Committee on Capitol Hill on January 23, 2013 about the security failures during the September 11 attacks against the U.S. mission in Benghazi, Libya, that led to the death of four Americans, including U.S. Ambassador Christopher Stevens.

Hillary Clinton’s Slide: Benghazi Toll?

Fresh evidence here that, for Republicans, Benghazi is all about Hillary: While the former secretary of state is potentially the Democrat to beat in a 2016 presidential contest, her handling of the fatal assaults on a U.S. mission in Benghazi,...

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Representative Michele Bachmann, a Republican from Minnesota, speaks during the Unity Rally 2012 at The River Church in Tampa, Florida.

Photograph by Daniel Acker/Bloomberg

Representative Michele Bachmann, a Republican from Minnesota, speaks during the Unity Rally 2012 at The River Church in Tampa, Florida.

Bachmann Campaign Fined

A Bloomberg BNA Money and Politics Report: The 2010 congressional campaign committee of Rep. Michele Bachmann (R-Minn.) has agreed to pay an $8,000 fine to the Federal Election Commission for problems in reporting a total of over $400,000 in receipts...

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Senate Minority Leader Mitch McConnell speaks with reporters at the Capitol on May 7, 2013 in Washington, DC.

Photograph by Win McNamee/Getty Images

Senate Minority Leader Mitch McConnell speaks with reporters at the Capitol on May 7, 2013 in Washington, DC.

McConnell Borrows Tactic from Paulistas in Fundraising Push

The name Mitch McConnell and the term “money bomb”  once would have been considered an odd coupling. But times change, and politicians adapt. So it is that McConnell, gearing up his 2014 Senate re-election bid in Kentucky, has launched a variation of...

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A sold sign on March 5, 2013 in Phoenix, Arizona.

Photograph by Justin Sullivan/Getty Images

A sold sign on March 5, 2013 in Phoenix, Arizona.

Bloomberg By the Numbers: 3.81%

That was the rate for a 30-year fixed-rate mortgage in the week ending yesterday, up from 3.59 percent the preceding week and the highest  level in  a year.  That’s according to McLean, Virginia-based Freddie Mac. Rates for 15-year mortgages also rose, to 2.98 percent from...

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The Facebook wall in New York.

Photograph by Scott Eells/Bloomberg

The Facebook wall in New York.

Rand Paul Writes on Zuckerberg’s Wall, Friends Mark Sanford

Rand Paul, the Republican senator from Kentucky with apparent designs on a 2016 presidential campaign, has gone to Iowa, he’s gone to South Carolina and now he’s gone to Silicon Valley. Where he wrote on Mark Zuckerberg’s wall. Literally: I...

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Mark Zuckerberg, chief executive officer and founder of Facebook Inc.

Photograph by David Paul Morris/Bloomberg

Mark Zuckerberg, chief executive officer and founder of Facebook Inc.

Zuckerberg Unfriends Techies With New Political Status

Facebook founder Mark Zuckerberg has lost some allies in his fight to change U.S. immigration law. He’s also made some new ones. Haley Barbour, former governor of Mississippi, joined a Republican subgroup of Zuckerberg’s new nonprofit, FWD.us, after meeting the...

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Leemore Dafny, deputy director for health care and antitrust with the Federal Trade Commission's (FTC) Bureau of Economics, in Washington, D.C., on May 14, 2013

Photograph by Andrew Harrer/Bloomberg

Leemore Dafny, deputy director for health care and antitrust with the Federal Trade Commission's (FTC) Bureau of Economics, in Washington, D.C., on May 14, 2013

Obamacare Has Roots in a Passion

When Leemore Dafny wants to accomplish something, the Northwestern University economist finds a way to make it happen. Dafny wanted to determine whether health insurance markets are competitive. She got hold of a robust data source and, in a 2010...

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Employees work on the assembly of the front section of a Chevrolet Aveo automobile, a division of General Motors Co. (GM), on the production line at the GAZ Group plant in Niznhy Novgorod, Russia.

Photograph by Alexander Zemlianichenko Jr./Bloomberg

Employees work on the assembly of the front section of a Chevrolet Aveo automobile, a division of General Motors Co. (GM), on the production line at the GAZ Group plant in Niznhy Novgorod, Russia.

Share of U.S. Corporate Profits Overseas Weakens

We are not alone here. The recession in Europe and slower growth in the rest of the world continue to be a drain on U.S. corporate profits, the Commerce Department’s latest figures on first-quarter gross domestic product show. Adjusted before-tax...

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