Political Capital
People looking for work stand in line during a job fair at the Miami Dolphins Sun Life stadium on May 2, 2013 in Florida.

Photograph by Joe Raedle/Getty Images

People looking for work stand in line during a job fair at the Miami Dolphins Sun Life stadium on May 2, 2013 in Florida.

Fed Holding Benchmark Rate Near Zero Until 2016: Analysts

The Federal Reserve will hold its benchmark interest rate near zero, where it has been since December 2008, until early 2016 even as the jobless rate falls. That’s the conclusion of economists at Goldman Sachs Group Inc. in New York....

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Republican candidate for the open Congressional seat of South Carolina, former South Carolina Governor Mark Sanford, greets House of Representatives Democratic candidate for the state of South Carolina Elizabeth Colbert Busch before their debate at the Citadel on April 29, 2013 in Charleston, South Carolina.

Photograph by Richard Ellis/Getty Images

Republican candidate for the open Congressional seat of South Carolina, former South Carolina Governor Mark Sanford, greets House of Representatives Democratic candidate for the state of South Carolina Elizabeth Colbert Busch before their debate at the Citadel on April 29, 2013 in Charleston, South Carolina.

Sanford-Busch Tie in Election-Eve Poll

On the eve of a widely watched special congressional election in South Carolina, the Republican former governor who famously went missing with a mistress some time ago has drawn even in a survey of voters weighing Mark Sanford versus Democrat...

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Former U.S. Vice President Al Gore speaks during an interview at the annual Milken Institute Global Conference in Beverly Hills, California.

Photograph by Jonathan Alcorn/Bloomberg

Former U.S. Vice President Al Gore speaks during an interview at the annual Milken Institute Global Conference in Beverly Hills, California.

Al Gore is Romney-Rich

Ken Wells and Ari Levy report for Bloomberg News today: In 1999, Al Gore, then U.S. vice president and a Democratic candidate for president, sold $6,000 worth of cows. The former senator, who spent most of his working life in Congress, had...

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Jim DeMint’s Sugar-Free Taste of Immigration Bill: ‘Like Obamacare’

Jim DeMint this week will put a price tag on the Senate’s immigration bill. Bloomberg’s Heidi Przybyla reported he would last week. .@jimdemint: Proposed #immigration reform bill would cost U.S. trillions of dollars in the long term. #ThisWeek — This...

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Vice President Joe Biden at the South Carolina Democratic Party's Jefferson Jackson Dinner May 3, 2013, in Columbia, SC.

Photograph by Mary Ann Chastain/AP Photo

Vice President Joe Biden at the South Carolina Democratic Party's Jefferson Jackson Dinner May 3, 2013, in Columbia, SC.

Cruz, Biden: Early Eyes on Second-Tier Race, New Attacks, Old School

Republican Ted Cruz, as our friends at Politico point out this morning, will be roughly the same age as Democrat Joe Biden was when he launched his first campaign for president in 1987, should the freshman senator from Texas declare...

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In this frame grab from video, Florida Sen. Marco Rubio takes a sip of water during his Republican response to President Barack Obama's State of the Union address, on Feb. 12, 2013,

Photograph by AP

In this frame grab from video, Florida Sen. Marco Rubio takes a sip of water during his Republican response to President Barack Obama's State of the Union address, on Feb. 12, 2013,

Rubio Intervenes in Florida Primary Move

Sen. Marco Rubio was behind a last-minute change on the final day of Florida’s legislative session to move the state’s presidential primaryelection  into compliance with national party rules. Rubio, a Republican, might well be on that ballot. But that’s not...

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New Jersey Gov. Chris Christie talks during a town hall meeting at Raritan Valley Community College, on April 11, 2013, in Branchburg, N.J.

Photograph by Julio Cortez/AP Photo

New Jersey Gov. Chris Christie talks during a town hall meeting at Raritan Valley Community College, on April 11, 2013, in Branchburg, N.J.

Christie Kills Spider for Schoolkids, Channeling Obama’s Fly-Swatting

One of the fun parts of being governor, Chris Christie tells the schoolchildren: “Any bugs on your desk, you’re allowed to kill them without getting in trouble.” Faced with an uninvited visitor making himself comfortable in his office, the New...

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President Barack Obama, left, greets Penny Pritzker, chairman, president and chief executive officer of Pritzker Realty Group LLC and Obama's nominee as secretary of commerce, in the Rose Garden of the White House in Washington, D.C., on May 2, 2013.

Photograph by Andrew Harrer/Bloomberg

President Barack Obama, left, greets Penny Pritzker, chairman, president and chief executive officer of Pritzker Realty Group LLC and Obama's nominee as secretary of commerce, in the Rose Garden of the White House in Washington, D.C., on May 2, 2013.

Pritzker’s Wealth in Perspective

Is Penny Pritzker the wealthiest person ever to be nominated to the president’s Cabinet? No. The Chicago businesswoman, philanthropist and political fundraiser has a personal net worth estimated at more than $1.5 billion, according to the Bloomberg Billionaires Index. That’s...

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