The White House proposes to 'wind down' mortgage giants Fannie Mae and Freddie Mac. But they've been deeply entwined in the US mortgage market for decades. A look at how we got here.
The White House unveils three options for getting rid of mortgage giants Fannie Mae and Freddie Mac and recasting the American mortgage market. We explain excerpts from the report here.
The possible GOP presidential candidate chided Obama's 'European-style' rule. But in Friday's speech at CPAC, Mitt Romney avoided a topic on which he may be vulnerable: health care.
Even while leading the nation, these American presidents found time to write their valentines poems and love letters.
President Obama aims for 98 percent of Americans to be able to go online using high-speed wireless access within five years.
Day 1 of the Conservative Political Action Conference – or CPAC – included Donald Trump touting himself, Michele Bachmann slamming 'Obamacare,' and Rand Paul talking about massive budget cuts. In other words, a classic CPAC day.
Reports suggest that President Obama's federal budget, to be released next week, will propose cutting in half the budget for the Low Income Home Energy Assistance Program. It's one of many popular programs on the chopping block.
Donald Trump sounds like he's really thinking of running, and we hope he does. It would be fun. But there are also lots of good reasons he won't run.
Amid new terror threats, US security officials say renewing key domestic spying provisions of the Patriot Act is critical to keep the US safe. Yet lawmakers are raising questions about the law.
Republican freshman – tea partyers and others – keep breaking ranks, leading to shocking legislative defeats. Now, 87 representatives and 11 senators have written to Speaker of the House John Boehner to insist on $100 billion in budget cuts.
Sen. Jon Kyl (R) of Arizona announces his retirement, opening the door to candidates for his Senate seat as well as his position as the No. 2 Republican in the Senate.
To avoid bloodshed and ensure democracy in Egypt, a political process of some sort is needed, Zbigniew Brzezinski says. The challenge is tougher than it was to help European freedom movements decades ago.
The Obama administration should pay attention to 'self-restraint, tone, and discretion,' said Zbigniew Brzezinski, who served as national security adviser under President Carter.
Egypt's street revolution represents a threat to the US and the capitalist system, some tea party icons say, while in the GOP establishment others see it as the spread of freedom to the Arab world.
The punch bowl analogy is one that often gets mentioned when a Fed chief appears before Congress. Translation: The Federal Reserve thinks the economic recovery remains fragile.
Employers pay state and federal taxes to cover all those unemployment checks. But with unemployment at 9 percent, those taxes aren't enough, leaving some states in dire straits.
Gov. Jerry Brown canceled the sale of 11 state-owned buildings for $1.2 billion, saying the deal arranged under Schwarzenegger didn't make sense and would cost California more in the long run.
Republican Sens. Richard Lugar of Indiana and Orrin Hatch of Utah could face tea party challenges in their 2012 primaries. But while Hatch is embracing the tea party, Lugar is fighting it.
Several tea party freshmen in the House were part of a successful bid to defeat an extension of the Patriot Act. It shows how the tea party could challenge GOP unity on issues beyond the budget – from civil liberties to free trade.
As First Lady Michelle Obama publicizes her chosen issue, childhood obesity, she keeps dropping in humanizing details about her husband. Yes, he has gray hair. And boring fashion sense.