Explore More

WASHINGTON -- A bipartisan cadre of House lawmakers will move on legislation to deregulate Wall Street derivatives Wednesday, less than a week after Sen. Carl Levin (D-Mich.) released a devastating report on the multibillion-dollar derivatives debacle at JPMorgan Chase.

Paul Ryan is known for his devotion to cutting spending, but even compared to his previous attempts, his latest plan, with its promise to balance the budget by 2023, is remarkable for its severity. It's also notable for how blantantly it renegs on the core principle of the Simpson-Bowles Commission

The Senate Permanent Subcommittee on Investigations hearing and 300-page report (plus 200 pages of exhibits) on the London Whale is now being digested by the public and spun by JP Morgan Chase. The bank lost $6.2 billion and survived easily because of its immense size.

Imagine you’re a finance lobbyist and want to move deregulation and other industry-friendly policies through Congress. While you might think the House Financial Services Committee would be the logical place to do it — since it has jurisdiction over financial issues, naturally — what if there were a

Momentum for a carbon tax is not just building on the federal level, states are looking at the idea, too.

Governor signs HB1339, changes law that required some counties to dilute the votes of county residents who did not live adjacent to a prison

When Vernardo and Claire Simmons-Valenzuela married, they imagined all the trappings of a middle-class life. Soon enough, they had kids. Claire finished a master's degree. They held jobs as an Army medic and a physician's assistant. They dreamed of next steps: owning a home, taking their first

With over twenty million Americans still unable to find full-time work, Washington can't take its eye off job creation for a minute. That's certainly the feeling of voters, who overwhelmingly told exit pollsters on Election Day last November that fixing the economy should be Congress's number one

Months after super storm Sandy, families are still waiting for permanent housing. Only a quarter of the families registered with NYC’s hotel sheltering program will find permanent housing with the next three months. Between New York and New Jersey, damage from the storm is estimated to cost over $71

Last year, the top ten U.S. university presidents made a combined $21 million. That's a lot, except when you consider what athletic coaches often make. For example, Mack Brown -- the football coach at the University of Texas in Austin -- made $5.3 million in 2012.