June 25, 2008
Posted: 04:06 PM ET

From
Washington is debating the effects of oil speculation.
Washington is debating the effects of oil speculation.

NEW YORK (CNNMoney.com) — It's the $64,000 question on Capitol Hill this week: what is responsible for the record escalation on oil prices?

Speculators have taken much of the blame. But on Wednesday, one of the nation's leading energy analysts said that it's more complicated than that and the cause is multi-faceted.

"In such circumstances as these, there is a tendency to seek a single explanation," said Daniel Yergin, in testimony before the Joint Economic Committee. "History, however, demonstrates that changes of this scale and significance result not from a single cause, but rather from a confluence of factors.

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Filed under: Capitol Hill


March 12, 2008
Posted: 07:30 AM ET

(CNN) — Indiana voters elected the second Muslim congressman in U.S. history Tuesday.

Andre Carson, the grandson of the late U.S. Rep. Julia Carson and a Muslim convert, was elected in a special election, with 54 percent of the popular vote to Republican opponent Jon Elrod's 44 percent.

Julia Carson represented Indiana's 7th district for 10 years. Her grandson, a member of the Indianapolis City Council since August, will serve out the remainder of her term. In a primary in May, he will seek to be the Democratic nominee for a full two-year term.

In Carson's victory speech Tuesday, he said one of his biggest concerns was bringing U.S. troops home from Iraq.

The first and only other Muslim member of the U.S. Congress is first-term Minnesota Rep. Keith Ellison.

–CNN's Emily Sherman

Filed under: Capitol Hill • Congress


October 26, 2007
Posted: 07:30 AM ET

Watch Dana Bash's report about a new $1 trillion tax bill proposed by Congressional Democrats.

WASHINGTON (CNN) – A leading Democrat calls it a matter of fairness and equity while a leading Republican calls it a political "gift." Watch Dana Bash's report about a new tax bill that is likely to cause a fight on Capitol Hill.

Related video: Watch Rep. Charlie Rangel discuss the tax bill on American Morning

Related: CNNMoney.com: Giant tax overhaul bill unveiled

Click here to see CNN's new political portal: CNNPolitics.com

Filed under: Capitol Hill • House


October 22, 2007
Posted: 11:55 AM ET

Protesters block the entrance to the Cannon House Office Building on Monday.

WASHINGTON (CNN) — Police on Monday arrested dozens of protesters who blocked the doors and streets outside congressional buildings near the U.S. Capitol.Nearly 60 were arrested on various charges, including unlawful assembly, said Sgt. Kimberly Schneider, spokeswoman for the U.S. Capitol police.

Police handcuffed a female protester dressed in a black pullover emblazoned with "Blackwater" and the U.S. security contractor's paw print symbol.

– CNN Producer Paul Courson

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Filed under: Capitol Hill



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