Congress

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Fed chairman Ben Bernanke: stimulus programme not creating 'bubbles'

Stock markets rise after Federal Reserve head tells Congress quantitive easing to continue and criticises government cuts

The chairman of the Federal Reserve, Ben Bernanke, denied on Wednesday that his $85bn-a-month stimulus programme was creating new financial bubbles, as

The IRS has had legal reason to investigate the religious right Sarah Posner

Rightwing organizations with a history of illegal discrimination or crime under 'religious' pretences give the IRS reason to question

At last week's ways and means committee hearing on the Internal Revenue Service's treatment of tax-exempt organizations, Representative Aaron Schock (an Illi

IRS official refuses to answer questions in congressional hearing

Lois Lerner says she has 'done nothing wrong' before leaving hearing into targeting of conservative groups over tax status

The Internal Revenue Service official at the center of the storm over the agency's targeting of conservative groups told Congress on Wednesday that she

Anthony Weiner ad: Ready to be NYC mayor and keep privates off Twitter Paul Harris

In his new ad, Weiner stresses his work championing middle class causes and has plenty of scenes with his wife

Is it really comeback season in America? After the stunning political rebirth of disgraced South Carolina ex-governor Mark Sanford, Anthony Weiner is certainly hopeful of his chanc

Anthony Weiner Announces NYC Mayor Bid on YouTube

Weiner formally announced his candidacy in a YouTube video that first appeared late Tuesday night and was then shared with supporters in an early Wednesday email.

Moon or Asteroid? Congress Debates Best Pit Stop to Mars

NASA's plan to lasso an asteroid for astronauts as a deep-space dry run for a future mission to Mars has some members of Congress wondering if the space agency would be better off setting its sights on the moon instead.

IRS official takes 5th at hearing

For the third time in less than a week, a congressional committee on Wednesday will seek answers from the Internal Revenue Service about the targeting of conservative groups detailed by the agency watchdog.

Bernanke hails benefits of stimulus

US Federal Reserve chairman Ben Bernanke tells Congress that it is too soon to end the central bank's monetary stimulus programme or raise interest rates.

Taper This! Bernanke Makes It Clear QE Tapering Isn't Happening Any Time Soon

Speaking before Congress, Fed Chairman Ben Bernanke admitted the economy is improving, but made it clear that he has no intention of tapering quantitative easing.

IRS Hiring Freeze: Impose It Now

The Administration should immediately halt any more hiring of agents at the IRS. If the White House won't do it, Congress should and override the President's veto. Under ObamaCare our tax-collecting "service" is set to bring on more agents and has already signed on a couple of thousand.