Political Capital

Regulation

Fred Hochberg, chairman and president of the U.S. Export-Import Bank, during the U.S. Export-Import Bank annual conference in Washington, D.C., on April 4, 2013.

Photograph by Andrew Harrer/Bloomberg

Fred Hochberg, chairman and president of the U.S. Export-Import Bank, during the U.S. Export-Import Bank annual conference in Washington, D.C., on April 4, 2013.

Club for Growth Jumps on Frog Jump Congressman Backing Ex-Im Bank

The Club for Growth today is striking back at Republican Rep. Stephen Fincher, a Tennesseean who is parting ways with the Tea Party-aligned group in its drive to shutter the U.S. Export-Import Bank. A congressman who campaigned in 2010 on...

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Lois Lerner, the director of the Internal Revenue Service's (exempt organizations office, during a House Oversight and Government Reform Committee hearing in Washington, D.C., on May 22, 2013.

Photograph by Pete Marovich/Bloomberg *

Lois Lerner, the director of the Internal Revenue Service's (exempt organizations office, during a House Oversight and Government Reform Committee hearing in Washington, D.C., on May 22, 2013.

Sticks and Stones: Lerner’s Permit

Not since George W. Bush called a reporter one has the word ricocheted around the Internet so loudly. Lois Lerner, it turns out, had some harsh words about conservatives in government emails that the House Ways and Means Committee has...

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John Koskinen, commissioner of the Internal Revenue Service (IRS), swears in to a House Oversight and Government Reform Subcommittee hearing in Washington, D.C., on July 23, 2014.

Photograph by Andrew Harrer/Bloomberg *

John Koskinen, commissioner of the Internal Revenue Service (IRS), swears in to a House Oversight and Government Reform Subcommittee hearing in Washington, D.C., on July 23, 2014.

IRS Needs Commission Bosses: Report

House Republicans are so sick of dealing with Internal Revenue Service commissioners that they want to get rid of the job entirely. IRS Commissioner John Koskinen should be replaced by a bipartisan commission, according to a House Oversight and Government...

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Shoppers are reflected in a mirror during the grand opening of the Hennes & Mauritz AB flagship store in New York on July 17, 2014.

Photograph by Victor J. Blue/Bloomberg

Shoppers are reflected in a mirror during the grand opening of the Hennes & Mauritz AB flagship store in New York on July 17, 2014.

Bloomberg by the Numbers: 90.9

The Conference Board’s consumer confidence index rose to 90.9 this month, the highest since October 2007. The index rose from a revised 86.4 in June. “Obviously the 2.5 million jobs the economy racked up in the last year is making...

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Robert "Bob" McDonald, former chief executive officer of Procter & Gamble Co., with a copy of the "Department of Veterans Affairs Strategic Plan Framework" while testifying during a nomination hearing before the Senate Veterans Affairs Committee in Washington, D.C., on July 22, 2014.

Photograph by Pete Marovich/Bloomberg

Robert "Bob" McDonald, former chief executive officer of Procter & Gamble Co., with a copy of the "Department of Veterans Affairs Strategic Plan Framework" while testifying during a nomination hearing before the Senate Veterans Affairs Committee in Washington, D.C., on July 22, 2014.

Bloomberg by the Numbers: $17 Billion

That’s the cost of a compromise bill that would address problems in the Veterans Administration’s health-care service. The legislation “makes certain that we address the immediate crisis of veterans being forced onto long waiting lines for health care,” Sen. Bernie...

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House Oversight and Government Reform Subcommittee on Government Operations Chairman John Mica (R-FL) holds a fake hand-rolled cigarette during a hearing about marijuana laws in the Rayburn House Office Building on May 9, 2014 in Washington, DC.

Photograph by Chip Somodevilla/Getty Images

House Oversight and Government Reform Subcommittee on Government Operations Chairman John Mica (R-FL) holds a fake hand-rolled cigarette during a hearing about marijuana laws in the Rayburn House Office Building on May 9, 2014 in Washington, DC.

Pot, Not Potholes: D.C. Activists Take the Hill

Andy Harris doesn’t represent the District of Columbia in Congress and, unlike the person who does, he has a vote. Yet today, the Maryland Republican got a full airing of grievances related to the District. “DC Residents will deliver their...

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