Political Capital
A taxi leaves the Hyatt Regency Chicago hotel.

Photograph by Tim Boyle/Bloomberg

A taxi leaves the Hyatt Regency Chicago hotel.

Hotel Union Protests Obama Commerce Nominee

Updated 3:20 p.m. EST Hotel and restaurant union workers plan to protest President Barack Obama’s pick of billionaire Hyatt heiress Penny Pritzker to lead the U.S. Department of Commerce. “Hyatt has singled itself out as the worst hotel employer in...

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Repairs are made to the USS Bulkeley as it is docked at the Norfolk Naval Shipyard in Virginia, on Feb. 28, 2013.

Photograph by Joshua Roberts/Bloomberg

Repairs are made to the USS Bulkeley as it is docked at the Norfolk Naval Shipyard in Virginia, on Feb. 28, 2013.

Military Credit Union Offers Sequester Relief

Sequestration is throwing children out of the Head Start program, eliminating meals for seniors and forcing government workers to take unpaid leave. While those effects continue, there’s some relief in sight for a less-discussed, sequester-sparked ill: those annoying overdraft fees....

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Steve Ballmer, chief executive officer of Microsoft Corp., speaks about the Xbox 360 system during his keynote address at the 2011 International Consumer Electronics Show (CES) in Las Vegas, Nevada.

Photograph by Andrew Harrer/Bloomberg

Steve Ballmer, chief executive officer of Microsoft Corp., speaks about the Xbox 360 system during his keynote address at the 2011 International Consumer Electronics Show (CES) in Las Vegas, Nevada.

A Microsoft-Google Patent Case May Actually End?

By Susan Decker Microsoft could see the end of its almost three-year trade fight with Google’s Motorola Mobility unit over technology used in the popular Xbox video-gaming system. A U.S. International Trade Commission judge in March cleared Microsoft of a...

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Workers lay the pipes for a gas pipeline outside the town of Waynesburg, Pennsylvania, on April 13, 2012. It is estimated that more than 500 trillion cubic feet of shale gas is contained in this stretch of rock that runs through parts of Pennsylvania, New York, Ohio and West Virginia.

Photograph by Mladen Antonov/AFP via Getty Images

Workers lay the pipes for a gas pipeline outside the town of Waynesburg, Pennsylvania, on April 13, 2012. It is estimated that more than 500 trillion cubic feet of shale gas is contained in this stretch of rock that runs through parts of Pennsylvania, New York, Ohio and West Virginia.

Wyden Seeks the Whole Truth on Natural Gas

So many positive attributes have been ascribed to natural gas it’s a wonder that it hasn’t been touted as a cure for wrinkles and belly fat. The U.S. gas bonanza will revive domestic manufacturing, lower carbon emissions, weaken OPEC, reduce...

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Immigrants take the oath of U.S. citizenship at a naturalization ceremony held at the U.S. Citizenship and Immigration Services (USCIS), office on May 17, 2013 in New York City.

Photograph by John Moore/Getty Images

Immigrants take the oath of U.S. citizenship at a naturalization ceremony held at the U.S. Citizenship and Immigration Services (USCIS), office on May 17, 2013 in New York City.

Partisan Obstacles Threaten Immigration Revisions

With Kathleen Hunter As the Senate Judiciary Committee resumes its markup today of immigration legislation, Congress faces obstacles of its own making in its efforts to overhaul the system. Florida Republican Marco Rubio, a member of the bipartisan Senate team...

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Jeffrey Zients, acting director of the Office of Management and Budget (OMB), speaks during a news conference on April 10, 2013.

Photograph by Andrew Harrer/Bloomberg

Jeffrey Zients, acting director of the Office of Management and Budget (OMB), speaks during a news conference on April 10, 2013.

Bloomberg by the Numbers: $1.1 Trillion

That’s how much President Barack Obama’s budget proposal would trim federal budget deficits over the next decade, according to the Congressional Budget Office. Obama’s budget would produce deficits of $5.2 trillion between fiscal 2014 and fiscal 2023, compared with $6.3...

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Treasury Inspector General for Tax Administration J. Russell George, left, and Former Acting Commissioner of the Internal Revenue Service Steve Miller testify during a hearing before the House Ways and Means Committee on May 17, 2013 on Capitol Hill in Washington, DC.

Photograph by Alex Wong/Getty Images

Treasury Inspector General for Tax Administration J. Russell George, left, and Former Acting Commissioner of the Internal Revenue Service Steve Miller testify during a hearing before the House Ways and Means Committee on May 17, 2013 on Capitol Hill in Washington, DC.

IRS Planted the Question that Started Scandal

The Internal Revenue Service wrote and planted the question asked on May 10 that led to the IRS scandal, the questioner said in a statement today. Celia Roady, a partner at Morgan, Lewis & Bockius LLP in Washington, said that...

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Rep. Mike Kelly (R-PA) speaks during a hearing before the House Ways and Means Committee on May 17, 2013 on Capitol Hill in Washington, DC.

Photograph by Alex Wong/Getty Images

Rep. Mike Kelly (R-PA) speaks during a hearing before the House Ways and Means Committee on May 17, 2013 on Capitol Hill in Washington, DC.

Mike Kelly’s IRS Spotlight for John Q. Public: Standing Ovation

Rep. Mike Kelly came to politics late and, only in his second term at 65 years of age, the actuarial tables don’t favor him rising to become a Capitol Hill kingpin. He could retire tomorrow, though, and know that he made the most...

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Cayman Islands

Photograph by Greg Johnston

Cayman Islands

Nonprofits: Cayman Islands of Political Money

Social welfare nonprofits, which can keep their donors secret, are a lot like Russian nesting dolls: Open one, and you’ll find a smaller version inside. That’s what courts in California discovered last year when they tried to figure out who...

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