Doug Elmendorf has been in the middle of a series of political storms this year.
On The Money
The House is expected to take its next step on Tuesday to formally condemn Russia for its military action in Crimea.
Oversight is unlikely to consider contempt charges against the IRS official this week.
A top world trade official said it is time to take a more aggressive tack in completing an overhaul of international trade rules.
Roberto Azevêdo, director-general World Trade Organization (WTO), said Monday that he will push more heartily toward completion of the long-delayed Doha Development Agenda.
Sen. Marco Rubio (R-Fla.) said Monday he wants to allow businesses to immediately deduct all investments – a sharp contrast with House Ways and Means Chairman Dave Camp (R-Mich.), who has proposed stretching out depreciation schedules.
The non-partisan Congressional Budget Office estimated Monday that five months into fiscal 2014, the federal budget deficit has reached $379 billion, a $115 billion improvement from last year.
Rubio plans to offer a bill he says would prevent a United Nations takeover.
Bailed-out housing giants Fannie Mae and Freddie Mac could end up sending the government $179.2 billion in profits over the next decade, according to the White House.
Manufacturers' optimism has perked up to its highest levels in more than a year, according to a new survey released on Monday.
A National Association of Manufacturers (NAM) survey found that found that 86.1 percent of respondents were either somewhat or very positive about their company’s outlook, the highest sign of manufacturer confidence since the fiscal cliff debate of 2012.