Post-election, the GOP-led House still sees its mandate as tax-hike prevention. Obama and the Democrats still want to raise taxes for the wealthy. But if they don't work together, the looming 'fiscal cliff' – which no one wants to see – may doom them all.
Whoever wins the White House – President Obama or Mitt Romney – will need help from the other side of the aisle in the Senate to reach a deal on meaningful debt- and deficit-reduction. But key senators up for reelection in 2014 face wrenching tradeoffs.
Facebook lawsuits charge that banks in charge of IPO didn't share company information with all shareholders. In addition to Facebook lawsuits, two congressional committees are also investigating the IPO.
Congressional critics plan hearings to probe how America's largest bank posted $2 billion in trading losses – and whether new financial regulations, still being implemented, go far enough to rein in Wall Street abuses