Senate Armed Services Chairman Carl Levin (D-Mich.) said Friday that his committee will review the changes to military retirement benefits included in the budget deal before they fully take effect.
On The Money
Top Obama administration officials are heading to China next week to discuss a broad range of economic and trade issues.
Commerce Secretary Penny Pritzker and U.S. Trade Representative Michael Froman will travel to Beijing to meet with Chinese Vice Premier Wang Yang as they head up the U.S.-China Joint Commission on Commerce and Trade (JCCT) on Dec. 19-20.
John Koskinen is set to be cleared by the entire Senate next week.
Yellen is expected to cruise to confirmation as next head of the Federal Reserve.
The Bloomberg poll showed only 42 percent of people knew what bitcoin is, but, after a brief explanation about the money system, 45 percent think that it needs better regulation.
But lawmakers expressed optimism a deal would be done in January when both chambers return.
Ireland exits its $93 billion bailout this weekend. But that doesn't mean the age of austerity is over for the onetime "Celtic Tiger."
The European Union is telling consumers they're on their own if they get involved with the virtual currency.
Delta Airlines is positioning itself to be more than an airline, Bloomberg Businessweek reports.
Delta President Ed Bastian told financial analysts that his company was looking beyond the traditional scope of airlines, according to the report.
Van Hollen said he believed Boehner could have stood up to outside groups long before.