Photograph by Mitchell Layton/Getty Images
A Washington Nationals Bryce Harper fan during a game against the New York Mets on June 7, 2012 at Nationals Park in Washington.
Senate Majority Leader Harry Reid got laughs at his press conference today when he knocked down a reporter’s question by quoting Washington Nationals player Bryce Harper: “That’s a clown question, bro.” Reid had been asked about Republican Senate Leader Mitch McConnell’s earlier statement that...
Read more »
Economic Policy Uncertainty Index
David Wilson’s Chart of the Day shows growing doubts about the direction of U.S. economic policy. A policy-uncertainty index cited by RBC Capital Markets chief institutional strategist Myles Zyblock rose in May after dropping for five months in a row....
Read more »
Photograph by Romney Presidential Campaign via AP Images
This video frame grab provided by the Mitt Romney presidential campaign shows a scene from an ad entitled: "Believe in America" running in New Hampshire.
Faced with a dysfunctional Federal Election Commission, a trove of good-government and watchdog groups petitioned the White House to do something about it. After all, President Obama could nominate replacements for the five commissioners serving under expired terms, even putting...
Read more »
Photograph by Patrick Fallon/Bloomberg
Mitch Daniels
It looks like Mitch Daniels has a new job. The Indianapolis Star is reporting that the Indiana governor is going to be the next president of Purdue University, though the trustees don’t vote on his nomination until Thursday. From a top...
Read more »
Photograph by Andrew Harrer/Bloomberg
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., at a House Financial Services Committee hearing in Washington on June 19, 2012.
JP Morgan CEO Jamie Dimon is familiar enough with the ways of Washington, D.C., that he’s made campaign donations to dozens of members of Congress — including some questioning him in committee hearings today and last week. Spencer Bachus, the...
Read more »
Photograph by David McNew/Getty Images
Antonio Villaraigosa is greeted by Filipino World War II veterans, including some who were on the Bataan Death March, at the Philippine Village Community Center in the Los Angeles.
That’s the number of U.S. residents of Asian descent, according to Census Bureau estimates as of July 1, 2011. Asian-Americans accounted for about 5.8 percent of the nation’s population at that time, Census data show. Asians have surpassed Hispanics as...
Read more »
Photograph by FPG/Getty Images
American banker and financier John Pierpont Morgan Sr., center, with his daughter Louisa Morgan and son John Pierpont Morgan Jr.
When banks failed and a broader economic collapse loomed in the panic of 1907, there was no Federal Reserve to come to the rescue. John Pierpont Morgan led a group of bankers in forming a pool of money to bail...
Read more »
Photograph by Michael Reynolds/EPA
Leaving the Supreme Court after justices decided to wait on a ruling on the Affordable Care Act, in Washington on June 18, 2012.
Guessing how the Supreme Court may rule on the U.S. health-care law is bedeviling Wall Street analysts, who’ve turned to everything from flow charts to legal analysis to help investors prepare for the ruling. CRT Capital Markets’ Sheryl Skolnick produced...
Read more »
Photograph by Andrew Harrer/Bloomberg
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., at a Senate Banking Committee hearing in Washington on June 13, 2012.
JPMorgan Chase & Co. CEO Jamie Dimon returns to Capitol Hill today at 9:30 a.m. to testify at a House Financial Services Committee hearing. Dimon, who appeared before the Senate Banking Committee on June 13, may face questions from lawmakers over whether the bank’s...
Read more »
Photograph by Andrew Harrer/Bloomberg
Daniel Tarullo, governor of the U.S. Federal Reserve, right, with Senator Sherrod Brown, a Democrat from Ohio, before a Senate Banking hearing.
Sherrod Brown said it last week — and when JPMorgan CEO Jamie Dimon comes back to Washington today, Congress is going to try to pinpoint whether the Democratic Senator is right. Flash back a few days to Dimon, who has...
Read more »
