That was the net income for U.S. banks in 2012, the second-best year on record, according to the Federal Deposit Insurance Corporation. Banks reported fourth-quarter net income of $34.7 billion, according to the FDIC’s Quarterly Banking Profile, Bloomberg’s Jesse Hamilton...
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Bloomberg by the Numbers: $141.3 Billion
Photograph by Derick E. Hingle/Bloomberg
The USS Arlington, front, and USS San Diego, rear, both U.S. Navy amphibious transport dock ships, sit at the dock at Ingalls Shipbuilding yard, a division of Huntington Ingalls Industries Inc.
Washington Daybook: Sequestration Countdown
President Barack Obama will tell workers at a Huntington Ingalls shipbuilding facility in Newport News, Virginia, today that their jobs may depend on his ability to work out a compromise with Republicans in Congress over sequestration. Huntington CEO Michael Petters speaks on Bloomberg...
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Colleagues celebrate a successful landing inside the Spaceflight Operations Facility for NASA's Mars Science Laboratory Curiosity rover at Jet Propulsion Laboratory on Aug. 5, 2012 in Pasadena, California.
Best and Worst Workplaces: Government Plum-Jobs and Prunes
At NASA, they get to launch rockets. Little wonder it tops the list of big federal agencies where employees are happiest — at the top of the Best Places to Work in the Federal Government in 2012, according to the...
Read more »Washington Daybook: Stressed Out
Even with Congress out, Washington can be a stressful place. Regulators are hoping they can figure out just how much stress banks can take before they break. The Federal Deposit Insurance Corporation’s board votes today on final Dodd-Frank rules governing...
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The Hanford Nuclear Reservation near Richland, Washington.
Washington Daybook: Clearing the Air
Regulation of pollutants and JPMorgan will dominate discussions in the nation’s capital today, along with fallout from yesterday’s elections. The Senate Banking Committee will hear from Treasury Secretary Tim Geithner and Federal Reserve, FDIC, and other market regulators on what...
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Photograph by Jeff Mermelstein/Stone/Getty Images
Magic Number of the Day: 6,291
That’s the number of commercial banks that were insured by the Federal Deposit Insurance Corporation at the end of 2011, according to statistics published by the independent agency that insures deposits and regulates banks. The number is down 3.7 percent...
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Contributors
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Al Hunt
is a columnist for Bloomberg View and host of the weekly show "Political Capital with Al Hunt" on Bloomberg TV. -
Mark Silva
is deputy managing editor for government news in Washington and editor of Political Capital. He has covered the White House and national politics. -
Emma Fidel
is political editor for Bloomberg.com in Washington. She previously covered financial regulation as a Bloomberg intern. -
Don Frederick
edits political and government coverage for Bloomberg News. He previously worked for more than a decade at the Los Angeles Times' Washington bureau. -
Gregory Giroux
analyzes elections, financing of congressional and presidential elections, political advertising and demographics in Bloomberg's Washington Bureau. -
Julie Bykowicz
covers the influence of money and lobbying in Washington, and covered the state legislature and city crime for the Baltimore Sun for 10 years. -
Jonathan Salant
covers campaign finance and lobbying in Washington. He was president of the National Press Club and started in Washington in 1987. -
Richard Rubin
covers federal tax policy. He worked at Congressional Quarterly and The Charlotte Observer before joining Bloomberg News in 2010. -
Julie Hirschfeld Davis
is a senior political reporter for the Washington Bureau. She covered the 2012 campaign for Bloomberg News and previously covered the White House for the Baltimore Sun. -
Lisa Lerer
covers the White House and covered the 2012 campaign for Bloomberg News. She covered Congress, lobbying and the 2008 campaign for Politico. -
John McCormick
is a national political reporter looking forward to the 2016 presidential campaign, which will be the fifth he's covered. He's also reported for The Des Moines Register and Chicago Tribune. -
Julianna Goldman
covers the White House for Bloomberg News and Bloomberg Television. -
Hans Nichols
covers the White House for Bloomberg News and Bloomberg Television. -
Margaret Talev
covers the White House for Bloomberg News and covered the White House for McClatchy Newspapers. She has covered California and Florida politics. -
Cary O'Reilly
is Editor at Large at Bloomberg First Word and is Washington Daybook columnist for Bloomberg Government and Bloomberg News.
