Timothy F. Geithner

Timothy Geithner, the president of the New York Federal Reserve Bank, is expected to be tapped by President-elect Barack Obama to be the next secretary of the U.S. Treasury, reports NBC News.

He has been called the “scariest guy in town” and “the Democrats’ Eliot Ness.”

After pumping more than a half million dollars into overturning gay marriage in California, Jim Dobson’s Focus on the Family has fallen on hard economic times.

Apparently, a billionaire has the prerogative to change his mind.

Back in January, when Illinois Sen. Barack Obama was still a long-shot for the Democratic nomination, CBS anchor Katie Couric asked him what books he would bring to the White House.

The journey could not have been less likely.

Barack Obama’s grandmother, Madelyn Payne Dunham, who played a central role in his life, died in Hawaii early today.

Alaska Sen. Ted Stevens, the longest-serving Senate Republican in history, was found guilty Monday of lying about free home renovations and other gifts from a wealthy contractor looking for political favors.

Federal employees are reportedly celebrating the forced resignation of U.S. Special Counsel Scott J. Bloch.

With exactly two weeks to go before the election, Barack Obama has announced he will leave the campaign trail for two days to visit his gravely ill grandmother in Hawaii.