Republicans want to privatize Fannie Mae and Freddie Mac, the mortgage giants at the heart of the financial meltdown. But bad news on house prices has them delaying grand plans.
A 60 percent majority on Obama's bipartisan deficit commission say they approved the co-chairs' recommendations, not enough to force a vote in Congress. Will their work have an impact?
The members of President Obama's bipartisan fiscal commission agree on one big thing: The problem of runaway deficits and public debt requires urgent attention. Democrats and Republicans on the panel even seem to have moved toward consensus on some of the policy responses to the problem. But getting to "yes" on a plan to stabilize the national debt still faces big hurdles. Here are four of big areas of disagreement.
Nancy Pelosi wins her bid to remain leader of the House Democrats, as leadership on both sides of the aisle remains largely the same – despite Election 2010's mandate for change.
The co-chairs of Obama's deficit-reduction panel issued a proposal to reduce the national debt by $4 trillion in 10 years. But the budget cuts and tax increases promise to anger just about everyone.
In both chambers of Congress, the postelection intrigue about leadership posts is mostly on the Republican side of the aisle, as the GOP establishment confronts the tea party insurgency.
House and Senate conferees crafted a final version of financial reform legislation Friday. Both houses are expected to vote on the bill next week.
Car dealerships are exempt from federal regulation in the House financial reform bill. A House ethics committee is probing eight congressmen for fundraising events and campaign contributions shortly before the vote.
Senator Lincoln wants to stop big banks' risky derivative trades from being subsidized by taxpayers. Here's how to keep her measure in the financial reform bill.
President Obama met with House Republicans at their annual retreat in Baltimore. GOP lawmakers asked pointed questions and Obama pushed back. But overall, the meeting was civil and substantive.