Political Capital
Former Sen. John Breaux and other Democratic lobbyists were big early donors to their party's effort to defend its Senate majority in the 2014 elections.

Photograph by Evan Vucci/AP Photo

Former Sen. John Breaux and other Democratic lobbyists were big early donors to their party's effort to defend its Senate majority in the 2014 elections.

Lobbyists Help Senate Democrats Outraise Republicans in January

Breaux, a Patton Boggs senior counsel and a Louisiana senator from 1987 to 2005, donated $30,800 last month to the Democratic Senatorial Campaign Committee, according to a Federal Election Commission filing this week. Gerald S.J. Cassidy, the founder and chief...

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President Barack Obama listens to Japan's new conservative Prime Minister Shinzo Abe following their bilateral meeting in the Oval Office at the White House in Washington on Feb. 22, 2013.

Photograph by Jewel Samad/AFP via Getty Images

President Barack Obama listens to Japan's new conservative Prime Minister Shinzo Abe following their bilateral meeting in the Oval Office at the White House in Washington on Feb. 22, 2013.

Comparing Central Banks to Medieval Bloodletter

With Jeff Kearns The Federal Reserve’s zero-interest-rate policy has inspired plenty of criticism from investors, who say low rates punish savers and risk inflation. But comparing Fed Chairman Ben S. Bernanke and other central bankers to a medieval barber played...

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Syrian rescue teams and onlookers gather at the scene of a powerful car bomb explosion near the headquarters of Syria's ruling Baath party in the centre of Damascus on Feb. 21, 2013.

Photograph by Louai Beshara/AFP via Getty Images

Syrian rescue teams and onlookers gather at the scene of a powerful car bomb explosion near the headquarters of Syria's ruling Baath party in the centre of Damascus on Feb. 21, 2013.

Damascus Car-Bombing Spotlights U.S.-Russian Rift, U.N. Inaction

A car bomb exploded in Damascus on Feb. 21 near the headquarters of Syria’s ruling Baath Party. It also happened to be a stone’s throw from the Russian embassy. The suicide attack killed more than 50 people. On those facts, everyone can agree....

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A hull section of a U.S. Navy Littoral Combat Ship (LCS) sits in a paint booth during a facility tour in Marinette, Wisconsin, on Feb. 11, 2013.

Photograph by Daniel Acker/Bloomberg

A hull section of a U.S. Navy Littoral Combat Ship (LCS) sits in a paint booth during a facility tour in Marinette, Wisconsin, on Feb. 11, 2013.

The Math Behind the Sequester

From Bloomberg Government’s Congress Tracker blog How much is “brutal”? Lawmakers agree that the automatic spending cuts slated to begin March 1 will be big and painful — President Barack Obama yesterday called them “brutal” — though exactly how big...

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President Barack Obama listens to Japan's new conservative Prime Minister Shinzo Abe following their bilateral meeting in the Oval Office at the White House in Washington on Feb. 22, 2013.

Photograph by Jewel Samad/AFP via Getty Images

President Barack Obama listens to Japan's new conservative Prime Minister Shinzo Abe following their bilateral meeting in the Oval Office at the White House in Washington on Feb. 22, 2013.

Washington Daybook: Governors Gathering

Trade is at the top of the agenda when President Barack Obama meets with Japanese Prime Minister Shinzo Abe at the White House today. Aides said removing Japanese barriers for U.S. automakers is “an important pre- condition” to Japan’s potential entry into...

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A United States Army Honor Guard rehearses for the 2013 presidential inaugural ceremonies in front of the East Front of the Capitol on Jan. 13, 2013.

Photograph by Pete Marovich/Bloomberg

A United States Army Honor Guard rehearses for the 2013 presidential inaugural ceremonies in front of the East Front of the Capitol on Jan. 13, 2013.

Delay the Cuts, Americans Say in Poll

Americans polled by Bloomberg News want Congress to delay steep spending cuts to give the economic recovery more time to take hold. Julie Hirschfeld Davis reports that when Washington does confront the deficit, Americans back a compromise that includes more...

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President Barack Obama speaks about gun violence as well as the economy in Chicago on Feb. 15, 2013.

Photograph by Saul Loeb/AFP via Getty Images

President Barack Obama speaks about gun violence as well as the economy in Chicago on Feb. 15, 2013.

Bloomberg by the Numbers: 55%

That was President Barack Obama’s job approval rating in a Bloomberg National Poll conducted Feb. 15-18. It is the president’s strongest level of support since September 2009, Bloomberg’s Mike Dorning reports. Forty percent disapprove of the job Obama is doing...

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