Political Capital
Steven Miller

Photograph by Andrew Harrer/Bloomberg

Steven Miller

IRS: Republicans’ Own Selective Examination: ‘Targets’

Speaking of the truth vs. the whole truth, House Republicans did some selective editing of an inspector general’s report during today’s hearing on the Internal Revenue Service. Steven Miller, the acting — and outgoing — commissioner of the Internal Revenue...

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First lady Michelle Obama delivers the commencement speech during the Bowie State University graduation ceremony at the Comcast Center on the campus of the University of Maryland on May 17, 2013 in College Park, Maryland. Obama received and Honorary Doctor of Laws degree before addressing the 600 graduates of Maryland's oldest historically black university and one of the ten oldest in the country.

Photograph by Chip Somodevilla/Getty Images

First lady Michelle Obama delivers the commencement speech during the Bowie State University graduation ceremony at the Comcast Center on the campus of the University of Maryland on May 17, 2013 in College Park, Maryland. Obama received and Honorary Doctor of Laws degree before addressing the 600 graduates of Maryland's oldest historically black university and one of the ten oldest in the country.

Michelle Obama: The Bangs Are Gone

That midlife crisis is over, it appears: Credit The Hill for noticing the first lady’s appearance at Bowie State University for a commencement address sans bangs. The forehead covering first appeared on her 49th birthday in January, just in time...

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Singer Carole King performs onstage at the 28th Annual Rock and Roll Hall of Fame Induction Ceremony at Nokia Theatre L.A. Live on April 18, 2013 in Los Angeles, California.

Photograph by Kevin Winter/Getty Images

Singer Carole King performs onstage at the 28th Annual Rock and Roll Hall of Fame Induction Ceremony at Nokia Theatre L.A. Live on April 18, 2013 in Los Angeles, California.

Carole King: White House Earth-Mover

President Barack Obama has got a friend in Carole King, a staple singer of the Democratic fundraising performance circuit who will appear at the White House next week to receive the 2013 Library of Congress Gershwin Prize for Popular Song....

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Customers shop at a Macy's Inc. store in New York.

Photograph by Victor J. Blue/Bloomberg

Customers shop at a Macy's Inc. store in New York.

Bloomberg by the Numbers: -30.2

That’s the Bloomberg Consumer Comfort Index for the week ended May 12. The index, which is based on Americans’ opinions about the economy, the buying climate and their own finances, fell from minus 29.5 in the prior week. It can...

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Ousted IRS chief Steve Miller, right, and J. Russell George, Treasury Inspector General for Tax Administration, are sworn in on Capitol Hill, on May 17, 2013, prior to testifying before the House Ways and Means Committee hearing on the Internal Revenue Service (IRS) practice of targeting applicants for tax-exempt status based on political leanings.

Photograph by Charles Dharapak/AP Photo

Ousted IRS chief Steve Miller, right, and J. Russell George, Treasury Inspector General for Tax Administration, are sworn in on Capitol Hill, on May 17, 2013, prior to testifying before the House Ways and Means Committee hearing on the Internal Revenue Service (IRS) practice of targeting applicants for tax-exempt status based on political leanings.

White House: We’ll ‘Manage Through’

That grand slam of Benghazi emails, IRS head-rolling and a reporter’s shield law batted by the White House this week was a sure signal that the Obama administration plans to power through the controversies at hand. So says Jennifer Palmieri,...

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New York State Comptroller Thomas DiNapoli waits for a news conference to begin on Jan. 7, 2013, in Albany, N.Y.

Photograph by Mike Groll/AP Photo

New York State Comptroller Thomas DiNapoli waits for a news conference to begin on Jan. 7, 2013, in Albany, N.Y.

NY Comptroller Scores Record Corporate Political Disclosure Vote

New York Comptroller Thomas DiNapoli, wielding the power of the Empire State’s $160.4 billion pension fund, won the widest margin ever in a shareholder vote in favor of a resolution forcing corporate disclosure of political giving. The almost 66 percent...

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A cardboard cut-out of President Barack Obama in a tent defending "Obamacare" at a street fair in Charlotte, North Carolina.

Photograph by Mladen Antonov/AFP via Getty Images

A cardboard cut-out of President Barack Obama in a tent defending "Obamacare" at a street fair in Charlotte, North Carolina.

Obamacare in Three Words: OMG

The long-running competition for one-upsmanship over Obamacare in three pithy words has reached a fever pitch, pitting the White House and allies against repeal-minded Republicans with all sorts of bystanders weighing in — remembering that last summer one of those...

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The Internal Revenue Service (IRS) headquarters in Washington, D.C.

Photograph by Andrew Harrer/Bloomberg

The Internal Revenue Service (IRS) headquarters in Washington, D.C.

IRS Scandal Good for Tax Reform: Baucus, Camp, in Interview

Written with Peter Cook The scandal at the Internal Revenue Service is emboldening the chief congressional proponents for rewriting the tax code, they said in an interview with Bloomberg Television. “This actually leads to new momentum for tax reform,” said...

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