Political Capital
Employees work on the wing of a Boeing Co. 787 Dreamliner during final assembly of the airplane at the Boeing Co. factory in Everett, Washington, on May 28, 2013.

Photograph by Patrick T. Fallon/Bloomberg

Employees work on the wing of a Boeing Co. 787 Dreamliner during final assembly of the airplane at the Boeing Co. factory in Everett, Washington, on May 28, 2013.

Payroll Gains, Inflation Concerns: Fed

Recent payroll gains, especially combined with depressed prices, still aren’t enough to break out the champagne and halt the Federal Reserve’s unprecedented stimulus, Boston Fed President Eric Rosengren said today. “While we have seen some improvement in labor market conditions,...

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Attorney General Eric Holder delivers remarks during the Justice Department Inspector General's annual awards ceremony in the Great Hall at the Robert F. Kennedy Department of Justice building on May 29, 2013 in Washington, DC.

Photograph by Chip Somodevilla/Getty Images

Attorney General Eric Holder delivers remarks during the Justice Department Inspector General's annual awards ceremony in the Great Hall at the Robert F. Kennedy Department of Justice building on May 29, 2013 in Washington, DC.

Holder Taps Schumer’s Front Man

Brian Fallon, one of the top Democratic communicators on Capitol Hill and long-time spokesman for Senator Charles Schumer of New York, has been tapped by Attorney General Eric Holder to run the Justice Department’s Office of Public Affairs, according to...

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Former Sen. Sam Nunn, left, his wife Colleen, second left, his daughter Michelle, right, and his grandchildren Vinson, second right, on Sea Island, Ga., in this 2007 file photo.

Photograph by Stephen Morton/AP Photo

Former Sen. Sam Nunn, left, his wife Colleen, second left, his daughter Michelle, right, and his grandchildren Vinson, second right, on Sea Island, Ga., in this 2007 file photo.

Republicans Pre-Emptively Target Michelle Nunn in Georgia

Will an opinion article that used the Occupy Wall Street movement as a hook to reflect on the so-called Millennial generation come back to haunt a potential Democratic Senate candidate who could brighten her party’s 2014 prospects of holding onto its...

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Minnesota congresswoman Michele Bachmann in Blaine, Minn.

Photograph by Stacy Bengs/AP Photo

Minnesota congresswoman Michele Bachmann in Blaine, Minn.

Bachmann Out-Foxing Democrats

Michele Bachmann says she is imposing term limits on herself. “Eight is enough,” the saying of congressional term-limit proponents goes. And if it’s good enough for the president, the Minnesota Republican says in her campaign website video today announcing her...

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Rep. Michele Bachmann (R-MN) speaks to a reporter after a news conference on May 16, 2013 on Capitol Hill in Washington, DC.

Photograph by Alex Wong/Getty Images

Rep. Michele Bachmann (R-MN) speaks to a reporter after a news conference on May 16, 2013 on Capitol Hill in Washington, DC.

Bachmann Bowing Out in Minnesota

Rep. Michele Bachmann, an erstwhile Republican presidential hopeful and proponent of the anti-tax Tea Party movement, says she won’t run for re-election yet may consider future opportunities in politics. “I have decided next year I will not seek a fifth congressional term,” Bachmann,...

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A real estate agent organizes pamphlets for an open house tour in Redondo Beach, California.

Photograph by Patrick T. Fallon/Bloomberg

A real estate agent organizes pamphlets for an open house tour in Redondo Beach, California.

Bloomberg by the Numbers: 10.6%

That’s how much  home prices rose in the 12 months through March, according to the S&P/Case-Shiller index. It’s the biggest 12-month jump in property values since April 2006, when the index advanced 11.2 percent over the previous year. The surging...

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Volunteers with the national organization, Ready for Hillary, hold a rally across the street from the Beverly Wilshire hotel where the former Secretary of State Hillary Rodham Clinton will be honored with the inaugural Warren Christopher Public Service Award at the Pacific Council on International Policy's Chairman's Gala on May 8, 2013 in Beverly Hills, California.

Photograph by Kevork Djansezian/Getty Images

Volunteers with the national organization, Ready for Hillary, hold a rally across the street from the Beverly Wilshire hotel where the former Secretary of State Hillary Rodham Clinton will be honored with the inaugural Warren Christopher Public Service Award at the Pacific Council on International Policy's Chairman's Gala on May 8, 2013 in Beverly Hills, California.

Ready for Hillary: ‘Foresight’

Ready for Hillary, the super-political action committee supporting Hillary Clinton for president in 2016, today announced some big fundraisers. Susie Tompkins Buell, who raised more than $100,000 for Clinton’s 2008 presidential run, and Steve Mostyn, who contributed $3 million to...

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Demonstrators, seeking change in immigration policy, march in Los Angeles, California, on May 1, 2013.

Photograph by Joe Klamar/AFP via Getty Images

Demonstrators, seeking change in immigration policy, march in Los Angeles, California, on May 1, 2013.

Senate: Immigration Bill by July 4

The Senate’s Democrats, hoping to approve a sweeping revision of U.S. immigration laws by July 4, plan to start work on the bill the week of June 10, Adam Jentleson, a spokesman for Senate Majority Leader Harry Reid, said today....

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Jared Bernstein, right, Chief Economist and Economic Policy Adviser to Vice President Joe Biden, speaks at the daily White House briefing at the White House in Washington in this June 8, 2009 file photo.

Photograph by Nicholas Kamm/AFP via Getty Images

Jared Bernstein, right, Chief Economist and Economic Policy Adviser to Vice President Joe Biden, speaks at the daily White House briefing at the White House in Washington in this June 8, 2009 file photo.

‘Furmanomics’ Explained ala Bernstein

Jared Bernstein, former chief economic adviser to Vice President Joe Biden, thinks he knows what’s in store with Jason Furman, President Barack Obama’s choice for chairman of the Council of Economic Advisers. (Reported first at Bloomberg.) “Furmanomics.” “I’ve worked closely with...

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President Barack Obama holds a stuffed bear alongside New Jersey Governor Chris Christie after playing an arcade game along the boardwalk as they view rebuilding efforts following last year's Hurricane Sandy in Point Pleasant, New Jersey, on May 28, 2013.

Photograph by Saul Loeb/AFP via Getty Images

President Barack Obama holds a stuffed bear alongside New Jersey Governor Chris Christie after playing an arcade game along the boardwalk as they view rebuilding efforts following last year's Hurricane Sandy in Point Pleasant, New Jersey, on May 28, 2013.

Christie Scores Teddy for Obama

Out on the boardwalk, they are tossing pigskins… Out on the boardwalk, the governor wins… President Barack Obama went 0-5 in his football tosses at “Touchdown Fever,” an arcade on the boardwalk at Point Pleasant, Jersey. Gov. Chris Christie nailed...

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