Political Capital
Montana Gov. Brian Schweitzer speaks on stage during the final day of the Democratic National Convention in Charlotte, North Carolina.

Photograph by Alex Wong/Getty Images

Montana Gov. Brian Schweitzer speaks on stage during the final day of the Democratic National Convention in Charlotte, North Carolina.

Schweitzer, Who Made Democrats Bark, Mulls ‘Broke-Down’ Senate

Will he or won’t he? Whether ex-Montana Gov. Brian Schweitzer will ride to the rescue of his fellow Democrats is the question taking center stage in party politics following the surprise retirement announcement today by Max Baucus, the state’s senior U.S. senator. Even before...

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Rosemary Edwards of Austin, Texas and Steve Monisteri talk with Texas Gov. Rick Perry during the third day of the Republican National Convention.

Photograph by Chip Somodevilla/Getty Images

Rosemary Edwards of Austin, Texas and Steve Monisteri talk with Texas Gov. Rick Perry during the third day of the Republican National Convention.

Rick Perry’s Two Reasons for 2012 — Remembering Both of Them

Rick Perry offers some humility and blames a sore back when you talk to him about his 2012 presidential bid. He also sounds a bit like he’s thinking about running again. In a Bloomberg News interview in Chicago, Perry said...

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A contractor works on a KB Home under construction at the Vicino community in San Jose, California.

Photograph by David Paul Morris/Bloomberg

A contractor works on a KB Home under construction at the Vicino community in San Jose, California.

Homebuilder Shares Boosted by Sales

Shares of homebuilders from KB Home to Toll Brothers Inc. have enjoyed their best day since mid-2012. Analysts at Barclays Plc upgraded their views of the industry today to positive from neutral, projecting a 10 percent jump in new-home prices...

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Gina McCarthy smiles during her nomination by President Barack Obama to run the Environmental Protection Agency on March 4, 2013 in the East Room of the White House in Washington, DC.

Photograph by Mandel Ngan/AFP via Getty Images

Gina McCarthy smiles during her nomination by President Barack Obama to run the Environmental Protection Agency on March 4, 2013 in the East Room of the White House in Washington, DC.

McCarthy’s EPA Confirmation Targeted

The Americans for Limited Government, which declares itself to be “perpetually ahead of the issue curve,” announced today that Gina McCarthy’s nomination as head of the Environmental Protection Agency will die in the Senate. The reason: EPA’s finding that the...

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Senator John Kerry in Washington, D.C.

Photograph by Andrew Harrer/Bloomberg

Senator John Kerry in Washington, D.C.

Kerry’s Campaign Cash Helps Senate Democrats Outraise Republicans

Secretary of State John Kerry left the Senate in February for his current job, though his campaign committee was aiding his former Democratic colleagues as recently as last month. John Kerry for Senate sent $100,000 in surplus campaign funds to...

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President Barack Obama talks with Supercommittee Co-Chair Sen. Patty Murray, D-Wash., second from left, and Supercommittee member, Senate Finance Committee Chairman Sen. Max Baucus, D-Mont., center, in the Eisenhower Executive Office Building on the White House complex in Washington, on Nov., 21, 2011.

Photograph by Pablo Martinez Monsivais/AP Photo

President Barack Obama talks with Supercommittee Co-Chair Sen. Patty Murray, D-Wash., second from left, and Supercommittee member, Senate Finance Committee Chairman Sen. Max Baucus, D-Mont., center, in the Eisenhower Executive Office Building on the White House complex in Washington, on Nov., 21, 2011.

Obama’s Baucus Farewell: No Levin, Lautenberg or Harkin Homages Here

If you’re planning on retiring from the U.S. Senate, and you want a nice send-off from the White House, you might want to consider supporting the president’s agenda — or more recently, voting for the gun bill. “I want to...

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Traders work on the floor of the New York Stock Exchange.

Photograph by Scott Eells/Bloomberg

Traders work on the floor of the New York Stock Exchange.

Fake Tweet Rocks Markets for Seconds — Cybersecurity Alarm

We’re losing count now of how many times this phrase has been tweeted today: “Tweet from hacked AP Twitter account causes Dow to drop 150 points.” The fake tweet heard ’round the world has kept Twitter abuzz while the hacked...

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American Airlines passengers wait in line for a flight at Miami International Airport on April 16, 2013 in Miami, Florida.

Photograph by Joe Raedle/Getty Images

American Airlines passengers wait in line for a flight at Miami International Airport on April 16, 2013 in Miami, Florida.

Free Airport Parking: Lawmakers Enjoy D.C. Perk

The Obama administration has warned that sequestration will lead to long delays for air travelers, but Congressional fliers still have one program that’s under the radar: Free airport parking. “It’s about the only thing we got left,” said Sen. Saxby...

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Senator Max Baucus, a Democrat from Montana, speaks to the media while leaving the Blair House after a bipartisan meeting on deficit reduction with congressional leaders in Washington, D.C.

Photograph by Andrew Harrer/Bloomberg

Senator Max Baucus, a Democrat from Montana, speaks to the media while leaving the Blair House after a bipartisan meeting on deficit reduction with congressional leaders in Washington, D.C.

Baucus’s 2014 Retirement: Sixth Senate Democrat to Go

Senate Finance Committee Chairman Max Baucus won’t seek re-election in 2014, ending a 36-year tenure capped by his authorship of the 2010 health care law. Baucus, 71, has been the top Democrat on the Finance Committee since 2001, often frustrating...

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Former South Carolina Gov. Mark Sanford speaks with reporters at Hay Tire & Automotive in Mount Pleasant, S.C., on April 22, 2013.

Photograph by Mic Smith/AP Photo

Former South Carolina Gov. Mark Sanford speaks with reporters at Hay Tire & Automotive in Mount Pleasant, S.C., on April 22, 2013.

Mark Sanford Down 9 Points in S.C.

  Colbert and politics. It started as a joke — the popular host of Comedy Central’s Colbert report running for president of South Carolina and opening his own super-PAC. Now it’s no joke — Stephen Colbert’s sister, Elizabeth Colbert Busch,...

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