(CNN) – The White House released documents Wednesday that show President Barack Obama and the first family hold assets valued between nearly $1.9 million and nearly $6.9 million.
The disclosure forms, required by the Ethics in Government Act, reveal the president's largest asset is U.S. debt in the form of Treasury notes and bills. In total, the president has between $1.1 million and $5.25 million invested in Treasury debt.
Washington (CNN) – Mark Sanford is a member of Congress, again.
The former Republican governor of South Carolina, whose political career was left for dead along the Appalachian Trail after an extramarital affair, was sworn in Wednesday to the House of Representatives.
(CNN) – In a letter to Internal Revenue Service employees, acting IRS Commissioner Steven Miller announced "with regret" that he'll be leaving the agency in early June.
"This has been an incredibly difficult time for the IRS given the events of the past few days, and there is a strong and immediate need to restore public trust in the nation's tax agency," said Miller, a 25-year IRS veteran. "I believe the Service will benefit from having a new acting commissioner in place during this challenging period."
Read the full letter below.
(CNN) – Treasury Secretary Jack Lew requested - and has accepted - the resignation of the acting commissioner of the Internal Revenue Service in the wake of its handling of requests by conservative groups for tax-exempt status, President Barack Obama said Wednesday.
The "misconduct" detailed in a report about the IRS response to those requests is "inexcusable," he said.
Washington (CNN) – Political fireworks over a little-noticed Supreme Court appeal and a separate whistleblower lawsuit had U.S. Attorney General Eric Holder and a longtime congressional adversary exchanging harsh words at a House committee hearing Wednesday.
Holder, testifying before the Republican-led House Judiciary Committee, sparred with GOP Rep. Darrell Issa of California over congressional requests for private e-mails of top Holder aide Thomas Perez, who is President Barack Obama's nominee to be Labor Secretary.
Washington (CNN) - A group of House members working on bipartisan immigration reform legislation remain unable to reach a final deal, one of the Republicans involved in the talks told CNN Wednesday.
And now time is running out, the congressman warned.
Washington (CNN) – Democratic Congressmen Mel Watt brought his one-year-old grandson to Attorney General Eric Holder's hearing before the House Judiciary Committee on Wednesday.
Watt was questioning Holder when the child became restless, and the open microphone carried the sound of a small voice throughout the hearing room, over the airwaves, and across the internet during coverage of the hearing.
Washington (CNN) – In the wake of the controversial decision by the Justice Department to subpoena phone records from the Associated Press in a probe of national security leaks, a top Democratic senator said Wednesday he wants to put in place stricter standards for government seizure of media records.
Sen. Chuck Schumer of New York wants to switch those sensitive decisions from the attorney general, who is currently empowered to issue subpoenas to news organizations, to a federal judge who is independent of the executive branch.
(CNN) – President Barack Obama will deliver a statement from the East Room at the White House on the situation involving the Internal Revenue Service at 6 p.m. ET, the White House announced Wednesday.
The president will discuss "IRS changes" when he makes his statement, a Democratic source told CNN Chief Congressional Correspondent Dana Bash.
(CNN) - The White House released more than 100 pages of e-mails on Wednesday in a bid to quell critics who say President Barack Obama and his aides played politics with national security following the deadly attack on the U.S. diplomatic compound in Benghazi, Libya.
The e-mails detail the complex back and forth between the CIA, State Department, and the White House in developing unclassified talking points that were used to underpin a controversial and slow-to-evolve explanation of events last September 11.