Politics and Government

Source: The White House
President Barack Obama speaking at the White House July 21, 2014.

President Barack Obama called for Russia to make good on its claims of wanting an open investigation into the crash of the Malaysia Airlines flight in Ukraine last week. “The burden now is on Russia to insist that the separatists stop tampering with the evidence, grant investigators who are already on the ground immediate, full …

Net neutrality

The deadline to comment on one of the FCC’s most controversial proposals is fast approaching and dividing some of the biggest players on the internet.

David A. Grogan | CNBC
Treasury Secretary Jack Lew (l) talks with CNBC's Jim Cramer at the Delivering Alpha conference, July 16, 2014.

Congress needs to pass sweeping tax measures to keep companies from moving their operations overseas, Treasury Secretary Jack Lew said Wednesday. Speaking about so-called inversions, in which companies change their domiciles to other countries with more favorable tax structures than the U.S., Lew said action has to be taken soon. JPM’s Erdoes: Bond inflows ‘gives me great …

Immigration compromise?

Washington lawmakers are moving closer to a compromise on President Obama’s request for nearly $4 billion in emergency spending on the border crisis. Any deal would likely include policy changes to expedite the return of tens of thousands of children who’ve been streaming across the U.S. border with Mexico back to their home countries.

Immigration crisis

President Obama heads to oil country later today, attending a democratic fundraiser in Texas. He won’t be visiting the boarder where tens of thousands of illegal immigrants, many of them children have recently entered the U.S., but the President is urging Congress to provide almost $4 billion to deal with the immigration crisis.

Source: U.S. Coast Guard | Flickr
Construction of Coast Guard Headquarters at St. Elizabeths.

Construction on the Department of Homeland Security‘s new headquarters has already fallen behind more than 10 years, and now its completion faces more obstacles as Congress recommends slashing the project’s budget or cutting it entirely. The Obama administration has requested $323 million for the headquarters in fiscal 2015, but both houses of Congress have recommended cuts, The Washington Post reported. …

Obama on immigration reform

President Obama said he can no longer wait for Congressional Republicans to act on immigration reform so he’s going at it alone.

Supreme Court decision day

Today was decision day at the highest court in the land as the U.S. wrapped up its current session with a handful of major rulings. In two of the most closely watched by the business community, the justices sided with some employers over contraception and against unions on some fees.

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Protesters from both sides of the birth control issue Leah Hughs (L) and Kristin Hughs (R) chant for their side in front of the U.S. Supreme Court June 30, 2014 in Washington, DC. The high court is expected to hand down its ruling on whether a private company can, on religious grounds, be exempted from health care reform's requirement that employer sponsored health insurance policies cover contraception.

The U.S. Supreme Court ruled Monday that certain for-profit companies can claim a religious exemption to the Affordable Care Act mandate that their health plans covers contraception without requiring employees to pay out-of-pocket costs for that birth control. The greatly anticipated 5-4 ruling in the so-called Hobby Lobby case was a blow to the Obama Administration’s landmark health-care reform law. …

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Sen. Thad Cochran

Tuesday’s U.S. Senate runoff in Mississippi provides an important new test of strength between the current leaders of the Republican Party and those who want to pull it further to the right. Courtly six-term incumbent Sen. Thad Cochran, 76, faces off against tea party favorite Chris McDaniel, a 41-year-old state senator for the Republican nomination in one of the …

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Exterior view of the Veterans Affairs Medical Center on May 8, 2014 in Phoenix, Arizona.

The U.S. government agency that handles whistleblower claims wrote a letter to President Barack Obama on Monday detailing apparent contradictions within the Department of Veterans Affairs’ own investigation of alleged misconduct, CNBC has learned The U.S. Office of Special Counsel’s letter, which was obtained by CNBC, focuses on the VA facility in Fort Collins, Colorado. The …

IMF joins minimum wage debate

The International Monetary Fund released its annual review of the U.S. economy and called on the U.S. to raise its minimum wage rate.


President Barack Obama addressed the nation Friday, announcing that he would not be putting U.S. troops on the ground in Iraq, and that any further decisions will take several more days of planning. “Although events on the ground in Iraq have been happening very quickly, our ability to plan…is going to take several days, so …


Seattle approves the nation’s highest minimum wage. But is it the government’s role to decide worker wages?

Veterans Affairs Secretary Eric Shinseki resigns

President Barack Obama said Friday that U.S. Veterans Affairs Secretary Eric Shinseki resigned over a veterans healthcare delay scandal that has embarrassed the administration. Obama announced that he accepted Shinseki’s resignation “with considerable regret” after meeting with him on Friday morning and named Deputy VA Secretary Sloan Gibson as the temporary chief until a permanent …