Washington (CNN) - The head of the U.S. Department of Energy's Loan Program Office has resigned amid a fiscal firestorm over the bankruptcy of a company that received a $535 million federal loan, DOE Secretary Steven Chu said.
The loan program's executive director, Jonathan Silver, was planning to leave his post and return to the private sector this fall, Chu said in a written statement.
FULL STORY(CNN) - It didn't take long for the zings to begin in the closely watched Massachusetts Senate race between GOP Sen. Scott Brown and leading Democratic candidate Elizabeth Warren.
When asked Tuesday at a primary debate how Warren paid for college - noting a nearly nude 1982 Cosmopolitan magazine photo shoot that Brown did to earn money at age 22 - the Democratic candidate fired off: "I kept my clothes on."
FULL POST
Mount Pleasant, South Carolina (CNN) – Republican presidential candidate Mitt Romney on Thursday refused to answer questions about his campaign's alleged attempts to influence the primary calendar lineup for his benefit.
Romney's visit to South Carolina comes a day after Nevada Republicans announced moving up their caucuses to Jan. 14, 2012, which could be a boost for the former governor of Massachusetts, who is favored to win the Silver State and which would help offset a potential loss in South Carolina a week later.
FULL POST
Washington (CNN) - With Sarah Palin taking a pass on the 2012 presidential race, the focus has shifted to which Republican candidate will land the former Alaska governor's endorsement.
But there's no guarantee she will endorse anyone.
FULL STORYWashington (CNN) - Rep. Gabrielle Giffords joined about 50 dignitaries and family members Thursday in Washington to mark the retirement of her husband, Mark Kelly, from the U.S. Navy.
Kelly, 47,enlisted the military in 1987 and served as a combat and test pilot before joining the U.S. space program. He was part of space shuttle flights in 2001 and 2006, and then commanded ones in 2008 and again in May.
FULL STORYNew York (CNNMoney) - If Senate Democrats have their way, millionaires and billionaires will pay more in taxes for President Obama's jobs bill. How much?
Answer: $110,467 a year.
FULL STORYWashington (CNN) – President Obama is pretty much doomed to a director-less Consumer Financial Protection Bureau through next year.
It's not about Elizabeth Warren, who came up with the idea. It's not about Richard Cordray, the president's nominee to be the consumer bureau's first director. The problem is that Obama and key players in the Senate are at an impasse about whether the agency should exist at all - at least in a form that gives its actions any teeth.
FULL STORYWashington (CNN) – Illinois Democratic Rep. Jesse Jackson Jr. offered a resolution on the floor of the House of Representatives Thursday that blasted Republican Texas Gov. Rick Perry for his use of a hunting camp with a racially insensitive name.
Jackson Jr. asked that the resolution be considered under privilege, a house provision that would have guaranteed a vote within 2 legislative days. The resolution was ruled out of order because Perry was not a member of the House, a requirement in considering a bill under privilege.
FULL POST
Washington (CNN) - Wall Street should have seen it coming. After all, market forces were at work.
Take a financial crisis that yielded few prosecutions; add a broken government in Washington; then mix in millions of unemployed adults with nothing but time on their hands and it's no wonder Occupy Wall Street came screaming out of the economic chaos.
FULL STORY
Recent Comments