Republican U.S. Senator Rand Paul threatened on Friday to put a 'hold' on the nomination of Janet Yellen to be chair of the Federal Reserve, unless he gets a vote on a bill he has sponsored to put the central bank under more scrutiny."As part of Senate consideration of the Janet Yellen nomination to be chair of the Federal Reserve, I will request a vote on my bipartisan Federal Reserve Transparency Act," Paul said in a statement. "The American people deserve transparency from the Federal Reserve and the federal government as a whole."An aide to Paul, however, said no final decision had been made on whether to place a hold on the nomination.If Paul did move forward, it would force Yellen's supporters to round up 60 votes in the 100-seat Senate to confirm her.The White House was always expected to have to secure 60 votes for the nomination to clear procedural roadblocks, and Democrats have repeatedly expressed confidence in their ability to do so. The swearing-in of New Jersey Democrat C...
What happens when sequestration kicks in and can a last-minute deal get done?
The Senate Finance Committee will vote Tuesday on Jack Lew's nomination for Treasury secretary, according to Sen. Max Baucus, the Montana Democrat who chairs the pan...
Former U.S. Ambassador to the U.N. John Bolton on the Administration’s handling of Benghazi and Iran’s nuclear program.
General Dynamics Corp said on Monday it notified 139 of its employees at the U.S. Army Depot in Anniston, Alabama last week that they face layoffs beginning in March...
Looking to future after 'fiscal cliff' deal
Deal passed by House opposed by 151 Republicans
Should House Republicans amend the bill?
Doug McKelway reports
Sen . Richard Shelby , (R-Ala.), on efforts to avoid the fiscal cliff and the FHA’s rising debt.
Sen . Richard Shelby , (R-Ala.), on efforts to reach a deal to avoid the fiscal cliff.
Senators from the U.S. Gulf Coast urged President Barack Obama on Friday to ensure that any legal settlement for the 2010 Gulf of Mexico oil spill does not undermine...
Studio audience debates the proposed amendment
Who will Obama pick for Chair of the Federal Reserve? Plus - Ted Cruz in Iowa and the race for Virginia governor heats up
Will attorney general set the record straight?
President Barack Obama nominated two U.S. Senate aides on Thursday to serve as members of the Securities and Exchange Commission, the agency tasked with policing Wal...
Details about the bombs in Boston is shared in hopes it will trigger leads that put investigators on the trail of the person or persons responsible
Doug McKelway reports from Washington