The Fed and Treasury
  • Obama Snookers GOP into Government Shutdown

    Don’t kid yourself--President Obama has been gunning for a government shut-down. His polls are sinking, his second-term agenda is dead in the water, and he’s defending the NSA snooping, Benghazi and...

  • Government Shutdown: A Guide for Consumers

    In Washington on Tuesday morning, hundreds of thousands of federal workers were given a few hours to clear off their desks and head home to an uncertain future as the first day of the government...

  • Huge GOP Misread on How Voters Feel About Shutdown

    By Josh Boak, The Fiscal Times

    House Republicans claim the American people oppose both a shutdown and Obamacare. "The American people don't want the government shut down, and they don't want Obamacare," House Speaker John Boehner...

  • U.S. Government Is Closed Until Further Notice

    By Josh Boak and Eric Pianin, The Fiscal Times

    This government shutdown has been brewing for three years – and now it’s happening. The 2010 election set the wheels in motion when Republicans gained control of the House, while President Obama and...

  • Could the U.S. Be Downgraded Again?

    By Javier E. David, CNBC

    The U.S. debt ceiling debate is unlikely to change Standard & Poor's AA U.S. sovereign rating, the credit ratings agency said Monday, but warned a protracted battle or a breach of next month's...