Hundreds of businesses signed a letter urging Congress to extend the bank's charter.
McCarthy defeated a late challenge by Rep. Raúl Labrador to become House majority leader.
Obama pledged to keep leaders posted, but doesn't think he'll need to ask for authority.
He’s been a thorn in the side of the House leadership since 2010.
Rep. Steve Scalise’s team reported it was “very close” to securing a majority needed to win.
Cantor will step down from his position as majority leader by the end of July.
Schumer said Cantor's defeat will make it easier to move immigration reform.
The president has come under criticism over the swap for Sgt. Bowe Bergdahl.
Donovan will likely be confirmed, but first he'll have to face the Senate Budget committee.
Reps. Salmon and Labrador don't think Boehner will seek another term after November.
Reid said the May employment report would be better if Republicans worked with Democrats.
The administration on Tuesday came under withering criticism over the swap.
He says failed leadership bid is just beginning of effort to take an outsized role in D.C.
House GOP will select new leadership officials in the wake of Cantor's shocking defeat.
Candidates for majority leader told colleagues they would defer more to committee chairmen.
OPINION | Here are five things to look for in the House GOP leadership race.
An agenda that was on life support saw the plug pulled with Cantor’s stunning defeat.
Several lawmakers signaled they want to run for Cantor's job.
The jockeying for position in post-Cantor GOP begins.
House and Senate struggled to find ways to shore up Highway Trust Fund before it runs dry.
While 80-90 people had access to intelligence, fewer knew about deal, WH says.
Miller called the VA scandal "very real" and "very deadly."
GOP leaders call for personal action by Obama and argue Shinseki's firing wasn't enough.
The GOP is citing comments Obama made as a candidate for the White House in 2008.