New York (CNNMoney) - If Mitt Romney is elected president, he will have to make some tough choices about what to do with his personal fortune.
In order to avoid conflicts of interest and satisfy ethics watchdogs, soon-to-be presidents often sell assets or relinquish control of their investments to a trustee.FULL STORY
New York (CNNMoney) - Stephen Colbert's super PAC is working with some serious cash.
Americans For A Better Tomorrow, Tomorrow reported Tuesday that it has raised $1,023,121, according to a document filed with the Federal Election Commission.FULL STORY
New York (CNNMoney) - Newt Gingrich is the latest Republican candidate to challenge the conventional wisdom that Mitt Romney is destined to capture his party's nomination.
Gingrich just delivered a wallop to Romney in the South Carolina primary, and the gap between the candidates has narrowed so severely in recent days that the two are virtually tied nationwide, according to Gallup's latest national tracking poll.FULL STORY
New York (CNNMoney) - For all their differences, the 2012 Republican contenders have at least one thing in common: They all want to cut spending.
Rick Santorum wants to cut $5 trillion over 5 years, immediately return non-defense discretionary spending to 2008 levels, pass a balanced budget amendment and cap federal spending at 18% of Gross Domestic Product.FULL STORY
New York (CNNMoney) - Following a well developed pattern, lawmakers are spending the last few days of the legislative calendar engaged in a high-stakes game of political chicken.
What's on the line? A government shutdown and tax hike for working Americans.FULL STORY
New York (CNNMoney) - Every Republican presidential hopeful has a plan to cut taxes.
But one candidate's plan has been described as so aggressive that it would blow a hole in the federal budget, lead to huge deficits and give the richest Americans a gigantic tax break.
That candidate is current frontrunner Newt Gingrich.FULL STORY
New York (CNNMoney) - Washington has started getting ready for a possible government shutdown.
Behind the scenes, federal agencies are working on their plans for shutting down operations and deciding how many workers they need to perform essential operations.FULL STORY
New York (CNNMoney) - Bank of America was subpoenaed Wednesday over a loan program that may have given influential people sweetheart deals on their mortgages.
The subpoena was issued by House Committee on Oversight and Government Reform Chairman Darrell Issa, a Republican from California who has doggedly pursued the issue for several years.FULL STORY