Latest Politics Headlines - CBS News

Video: Oscar-winner: Obama saved lives with same-sex marriage stance

Wed, 16 May 2012 14:28:50 EDT

Dustin Lance Black, who won an Academy Award for his screenplay for the film "Milk," said that President Obama saved lives by announcing his support for same-sex marriage.

Video: DSCC Head: Democrats will "absolutely" hold Senate

Wed, 16 May 2012 13:25:06 EDT

DSCC Head Guy Cecil tells CBS News' Nancy Cordes that Democrats have a "great shot" at holding the Senate in 2012 in the latest edition of "Face to Face."

FBI Director Robert Mueller confirms bureau probing leak of foiled Qaeda underwear bomb plot

Wed, 16 May 2012 12:18:32 EDT

Robert Mueller tells senators agents looking into who leaked information of Qaeda's upgraded underwear bomb

Video: Obama asks Congress for tax breaks for small business

Wed, 16 May 2012 12:03:43 EDT

President Obama again pushed his "to-do" list for Congress, calling for tax breaks for small businesses during a photo-op following a meeting with small business leaders on Wednesday.

Video: Romney says disappointed in Obama for doubling debt

Wed, 16 May 2012 11:31:44 EDT

Mitt Romney expressed disappointment in President Obama in Florida on Wednesday. The Republican nominee said the president doubled the debt after campaigning on promise to cut debt in 2008.

John Edwards' defense team rests

Wed, 16 May 2012 11:11:26 EDT

Attorneys for John Edwards rest their case after just two days of testimony and evidence; Edwards, former trial lawyer, will not testify

Video: Gates' biggest concern about OBL raid: Was he there?

Wed, 16 May 2012 10:14:43 EDT

Former Defense Secretary Robert Gates speaks to the "CBS This Morning" co-hosts about his new memoir, the death of Osama bin Laden, and the dangers facing America today.

Video: Frank on partisan differences and banking reform

Wed, 16 May 2012 08:27:24 EDT

Rep. Barney Frank (D-Mass.), the top Democrat on the House Financial Services Committee, talks to Charlie Rose about the partisan showdown over the nation's debt and banking reform in light of the recent JPMorgan Chase $2 billion loss.

Video: Boehner drawing line in sand for debt showdown 2.0

Wed, 16 May 2012 08:10:17 EDT

Republican leaders are laying down a new challenge to President Obama and Democrats over spending cuts, tax hikes and the national debt. CBS News Congressional correspondent Nancy Cordes reports.

Barney Frank: Chance now for stronger bank rules

Wed, 16 May 2012 08:01:45 EDT

Author of 2010 Dodd-Frank law says JP Morgan losses make for a stronger argument for tougher rules for Wall Street

New battle over debt limit inevitable?

Wed, 16 May 2012 07:12:22 EDT

Boehner warns GOP won't approve any further increases without corresponding budget cuts, and he closes door on tax hikes

Virginia GOP blocks openly gay judicial nominee

Tue, 15 May 2012 21:33:00 EDT

A Va. GOP delegate cites openly gay judicial nominee's "lifestyle" as the reason he was unqualified for the bench

Obama's 2011 assets valued between $2.6M and $8.3M

Tue, 15 May 2012 20:26:20 EDT

President Obama's financial disclosure shows he has a JPMorgan Chase checking account; VP Biden's assets max out at $860K

Video: What does Obama really think of JP Morgan?

Tue, 15 May 2012 16:30:20 EDT

White House press secretary Jay Carney clarified comments President Obama made earlier Tuesday on ABC's "The View" on JP Morgan and CEO Jamie Dimon.

Video: Romney slams Obama, federal govt. on economy

Tue, 15 May 2012 15:47:10 EDT

Mitt Romney accused President Obama of supporting increased federal debt, putting the economy on a disastrous course, in a speech in Iowa on Tuesday.

Records: Rielle Hunter got $9K monthly stipend

Tue, 15 May 2012 15:11:07 EDT

Evidence introduced at John Edwards trial shows campaign finance chairman made regular payment to candidate's mistress

Pentagon limits F-22 fighter flights

Tue, 15 May 2012 14:46:56 EDT

Defense Secretary said it will enable pilots with oxygen problems to land quickly; won't affect Afghanistan

Video: Obama jokes David Beckham aging better than he is

Tue, 15 May 2012 14:33:09 EDT

President Obama welcomed Major League Soccer champions the LA Galaxy to the White House on Tuesday and joked that star David Beckham is "holding up better than me."

Video: George W. Bush jokes good to come back to D.C. on occasion

Tue, 15 May 2012 13:32:22 EDT

Former President George W. Bush was in Washington, D.C. on Tuesday for a "Celebration of Freedom" at the George W. Bush Presidential Center. Mr. Bush joked it's good to come back, but only on occasion.

Video: Obama honors fallen police officers

Tue, 15 May 2012 13:14:12 EDT

President Obama spoke at the Fraternal Order of Police memorial service on Tuesday and honored police officers killed in the line of duty and their families for paying "the ultimate sacrifice."

Video: Obama calls Defense of Marriage Act a "bad idea"

Tue, 15 May 2012 13:04:12 EDT

In an appearance on ABC's "The View" on Tuesday, President Obama called the Defense of Marriage Act a "bad idea" and discussed whether he will fight for its repeal.

Video: Obama talks JP Morgan, calls for Wall Street reform

Tue, 15 May 2012 13:06:00 EDT

In an appearance on ABC's "The View" on Tuesday, President Obama emphasized the need for Wall Street reform, calling JP Morgan one of the "best managed banks" that still lost billions in markets.

Video: Obama talks Kardashians, "50 Shades of Grey"

Tue, 15 May 2012 12:53:22 EDT

The hosts of ABC's "The View" quizzed President Obama on pop culture, including Kim Kardashian's marriage and the popular book "50 Shades of Grey," during an appearance on Tuesday's show.

Video: Obama talks future of country on "The View"

Tue, 15 May 2012 12:52:22 EDT

President Obama talked about the future of the country in an appearance on ABC's "The View" on Tuesday, and said politicians have become more obsessed with "winning an election than setting things up for the next generation."

Video: Significant setback for defense in John Edwards case

Tue, 15 May 2012 08:39:29 EDT

The judge in the John Edwards corruption trial wouldn't allow some key testimony to be heard by the jury. And Edwards' daughter may take the stand soon. Anna Werner reports.