In one frenzied month Treasury Secretary Henry Paulson and Federal Reserve chairman Ben Bernanke remade Wall Street. Along the way they may also have recast American politics. A month of historic government interventions shows signs of triggering a political version of climate change - unleashing a new era of class fury that could hurt U.S. companies, business leaders, and wealthy investors for years.
He led Republicans into government shutdowns in the 1990s, and now, former House Speaker Newt Gingrich indicates his party is seriously considering another shutdown threat to force a vote on offshore oil drilling in September.
The Dems may be greener, but the GOP are no slouches. (A Republican created the EPA, after all.) And that's what the Earth needs: good government, not politics
Two days after hinting he wanted to try for the White House, former House Speaker Newt Gingrich decided he would not run for president, his spokesman said Saturday.
Former House Speaker Newt Gingrich told supporters on Thursday that if they pledge at least $30 million to his campaign over a three-week period starting Monday, he will compete for the GOP 2008 presidential nomination.
It's a dead heat in New Hampshire, according to a new poll of likely New Hampshire Republican primary voters.
The President tries to rally the country with good news on Iraq, but some Republicans question why he took the risk
Former New York Mayor Rudy Giuliani is leading the pack of Republican presidential hopefuls, supported by 29 percent of respondents in a poll released Friday.
Potential presidential hopeful Newt Gingrich on Tuesday blasted the modern-day road to the White House as too long, too expensive and verging on "insane."
What Troy Davis' case tells us about the dangers of trying to speed up the wheels of justice
In one frenzied month Treasury Secretary Henry Paulson and Federal Reserve chairman Ben Bernanke remade Wall Street. Along the way they may also have recast American politics. A month of historic government interventions shows signs of triggering a political version of climate change - unleashing a new era of class fury that could hurt U.S. companies, business leaders, and wealthy investors for years.
He led Republicans into government shutdowns in the 1990s, and now, former House Speaker Newt Gingrich indicates his party is seriously considering another shutdown threat to force a vote on offshore oil drilling in September.
The Dems may be greener, but the GOP are no slouches. (A Republican created the EPA, after all.) And that's what the Earth needs: good government, not politics
Two days after hinting he wanted to try for the White House, former House Speaker Newt Gingrich decided he would not run for president, his spokesman said Saturday.
Former House Speaker Newt Gingrich told supporters on Thursday that if they pledge at least $30 million to his campaign over a three-week period starting Monday, he will compete for the GOP 2008 presidential nomination.
It's a dead heat in New Hampshire, according to a new poll of likely New Hampshire Republican primary voters.
The President tries to rally the country with good news on Iraq, but some Republicans question why he took the risk
Former New York Mayor Rudy Giuliani is leading the pack of Republican presidential hopefuls, supported by 29 percent of respondents in a poll released Friday.
Potential presidential hopeful Newt Gingrich on Tuesday blasted the modern-day road to the White House as too long, too expensive and verging on "insane."
What Troy Davis' case tells us about the dangers of trying to speed up the wheels of justice
The Democratic Presidential race is orderly. The G.O.P. race is volatile. Which party will benefit?
Sen. John McCain has slashed Rudy Giuliani's double-digit lead by 10 points, but the GOP picture gets muddier if former Sen. Fred Thompson or former House Speaker Newt Gingrich enters the race, according to a CNN poll gauging the popularity of 2008 presidential hopefuls.
Sen. John Kerry and former House Speaker Newt Gingrich met in Washington on Tuesday for a verbal duel about climate change, finding agreement on the problem but vastly different approaches to a solution.
Bill Clinton got into the race in October 1991. George W. Bush in June 1999. This time things are happening a lot earlier.
Former House Speaker Newt Gingrich is trying to assuage Latinos over recent comments on bilingual education by delivering a video statement -- in Spanish and English -- in which he concedes his word choice was "poor."
John McCain and Rudy Giuliani are tied among Republican voters in New Hampshire, with Mitt Romney in third place and Newt Gingrich showing scant support, a poll released Wednesday said.
As senator turned actor Fred Thompson considers a presidential run, his Christian credentials are being questioned by Dr. James Dobson, a major voice among Christian conservative voters.
It turns out that former New York City Mayor Rudy Giuliani and his wife, Judith, have a couple of things in common. Both have been married three times and divorced twice. And while Rudy Giuliani's stormy marital history is already well know, his wife's martial history made the front pages of New York tabloids Friday.
Former House speaker and potential presidential candidate Newt Gingrich has confessed, telling conservative Christian leader James Dobson that he was cheating on his wife at around the same time the House was impeaching President Bill Clinton over his White House affair with Monica Lewinsky.
Who's the insider favorite for the Republican nomination? The answer may come as a surprise.
YOUR NEW ISSUE OF FORTUNE MAGAZINE: Okay, I'll admit it. It's amazing! Brilliant! Perfect even! Cover story on the how drinking red wine will let you live forever (or close), and the amazing biotech company that's racing to create miracle drugs that extend life from an ingredient in, well, Pinot! Um, that's good...We also have a great lineup of big thinkers and CEOs to tell you all about what's going to go down in 2007. Serious heavy hitters who are a bit undercover like Vinod Khosla, Peter Chernin, Linda Kaplan Thaler, David Rubenstein, Sean McManus. (Funny, as a business magazine, we didn't feel compelled to call up Louise MacBain.) Other terrifc reads: Newt Gingrich's comeback trail bid for the White House by Nina Easton, a coolio story on Second Life by David Kirpatrick, and even an interview with one of Disney's hottest properties: Hannah Montana. ("You get the best of both worlds. Chill out take it slow. Then you go rock the show!") Just don't tell my achy-breaky heart---how many of you get THAT?
Inside a modest hotel meeting room in Tempe, Ariz., a dozen health-care thinkers kill time with small talk as they await the unfaded celebrity aura that is Newt Gingrich.
In her first public appearance since announcing her run for the Democratic presidential nomination, Sen. Hillary Rodham Clinton said she will once again embrace health care as a principal cause.
To the Editor:
Even a crisp Guinness stout can't chill the note of exasperation coming out of Newt Gingrich's mouth. "You still don't get it, do you?" he asks.
Having watched election coverage nonstop all week, I sometimes wake screaming, "Bipartisanship!" and scare myself.
Still smarting from the rebuke they suffered in last week's elections, Republicans were split Sunday over whether ousting Defense Secretary Donald Rumsfeld earlier might have kept their party in power.
In a sunlit office overlooking Dupont Circle in Washington, D.C., union leader Andrew Stern, 55, is sipping coffee and holding a midmorning meeting with a few top aides. The subject is a study on t...
(Time.com) -- Every revolution begins with the power of an idea and ends when the only idea left is power.
Republicans favor former New York Mayor Rudy Giuliani for the GOP presidential nomination in 2008, while Democrats are looking toward Sen. Hillary Rodham Clinton of New York for their nominee, according to a CNN poll released Thursday.
State of play in the Middle East: Lebanon, extensively damaged plus a half-million refugees; Syria, tired of being dissed; Israel, disproportionate. Are you kidding? Did it work last time they occupied Lebanon? Condi Rice, undercut by neocons at home? Iraq, completely fallen apart. Iran, only winner? Everybody else, mad at Bush. Most under-covered story, collapse of Iraq.
In general, I'm against kicking 'em when they're down ... unless really awful people are involved. I figured Tom DeLay is so awful, plenty of people would gang up on him and I could pass.
One of the most powerful leaders of Congress is leaving under fire. It's not only a big story in itself; it's also a sign of a striking change in our political process.
President Bush has once more undertaken to explain to us "Why We Fight," which is also the title of an excellent new documentary on Iraq. According to the president, "Our goal in Iraq is victory." I personally did not find that a helpful clarification.
Backroom maneuvering, secret ballots, surprise results -- everything you could wish for in a political Play of the Week.
Worried Republican leaders from both the House and Senate cleared out staffers Wednesday for the first night of their three-day retreat on the Eastern Shore of Maryland to discuss their anxiety about the question of ethics.
In his first one-on-one interview as the nation's first director of national intelligence, John Negroponte told CNN, "I think our country is safer today" because of better integrated intelligence efforts.
Last Wednesday, leaders of conservative and moderate factions in the House Republican conference sat down to discuss a joint call for new leadership elections. No agreement was reached, and the events of the next 24 hours destroyed the budding coalition while exposing the ineffectiveness of current leaders. Abandonment of oil drilling in the Arctic failed to appease the moderate bloc, and the leaders pulled down the budget-cutting bill late Thursday.
The Germans have a word for the emotion that seized many Democrats after hearing of the criminal indictment on money-laundering charges of House Majority Leader Tom Delay, R-Texas.
What is the definition of silence?
At 5 ft. tall, California Senator Barbara Boxer can reach most lectern mikes only after her staff sets up a 3-in. stand dubbed the Boxer box.
Tom DeLay, who has wielded political power with uncommon efficiency, looks into the mirror and sees a victim of politics.
They're trying to make Tom DeLay into Jim Wright. They've stolen our playbook," declared an outspoken deputy whip at a recent House Republican leadership meeting. That implicit bipartisan sharing of responsibility for what has become of the House of Representatives was not a popular message for most GOP lawmakers. But it accurately portrays today's situation.
Though Newt Gingrich and his Contract With America led Republicans ten years ago to a historic takeover of Congress, the mastermind behind the conservative ascendancy will not speak at the GOP conv...
The possibility that the Democrats could retake the Senate in November has recently become a staple of discussion among political consultants and reporters.
Complaining that Democrats were not consulted about coming House hearings to consider the 9/11 commission's proposals, California Rep. Jane Harman said the hearings will be meaningless without a significant change in focus.
Former President Clinton spent more than four hours at a Barnes & Noble bookstore in midtown Manhattan on Tuesday signing books for nearly 2,000 buyers.
A freshman Democrat -- already defeated for re-election -- filed an ethics complaint Tuesday against House Republican leader Tom DeLay.
The death of former President Ronald Reagan elicited condolences, compliments and recollections on Sunday from former presidents, Reagan aides and other Washington figures.
Dr. Tom Coburn, the plainspoken obstetrician from Muskogee, Oklahoma, was back in Washington briefly last week.
Back in 1973, FORTUNE ran a full-page graph of price/earnings ratios, plotting the multiples of 382 major companies over 25 years. A lot has come and gone since then: KC & The Sunshine Band, Dynast...
Few people have rocked Washington, D.C., as much as the fiery Newt Gingrich. In 1995 the history professor turned Republican rebel became Speaker of the House and launched his conservative and cont...
Grover Norquist, a longtime adviser to former House Speaker Newt Gingrich, thinks he's figured out a way to populate the country with a whole new subspecies of Right-thinking Republicans: Push legi...
Information technology has created more wealth faster than anything ever. The market value of Yahoo, just three years public, has grown from $34 million to $27 billion--more than the entire U.S. st...
It's well known by now that despite his impeachment, or maybe because of it, Bill Clinton's polls are at near-record highs. What isn't so obvious is how the Democrats are profiting--and the Republi...
Sure, the words "President Bush" tumble easily from the lips. But the presidential election is 30 months away, and this particular Bush--George W., son of George H.W.--still hasn't won reelection a...
As usual, Washington's political elite is noisily discussing, declaiming, declaring, deploring, dissing, denying--and dissembling. Except for the Republicans, who are neither seen nor heard. In the...
Ordinary Americans are prohibited from climbing Mount Rushmore, where the faces of four great Presidents are carved in granite. But this September, just before the Senate began debating campaign fi...
Seven Americans out of ten have a negative view of Newt Gingrich. His own allies nearly tossed him out in a coup. He still faces rebellion in his own caucus. He has no agenda. So what does Gingrich...
Last month, MONEY reported that Marianne Gingrich, wife of House Speaker Newt Gingrich, made a quick $5,203 to $11,000 in 1996 by flipping three risky stocks through D.H. Blair & Co., a New York Ci...
Some public figures seem to have found ways to take the risk out of risky investments. As the wife of an up-and-coming Arkansas Democrat, Hillary Clinton pulled in $100,000 in 1978 and '79 trading ...
Although former Senator Bob Dole (R-Kans.) probably won't see a dime of interest on the $300,000 he loaned House Speaker Newt Gingrich (R-Ga.) in April for eight years, he will owe taxes each year ...
Despite the volcanic scandals that periodically erupt for their amusement, the pundits tell us that Washington is dull these days, sunk in a slough of ennui. I hate to say this, but the pundits, fo...
So what are people saying about Newt?
When business leaders want to be heard in Congress, they have a special place in the House of Representatives--a conference room in the suite of Speaker Newt Gingrich. There, at 11 o'clock on most ...
Does this sound like an American political party you know?
You are forgiven if you thought presidential politics were over for a while. Unless he gets Nixoned after all, Bill Clinton is in the Oval Office for four more years. Yes, the Republicans lost ten ...
Bob Dole wants to overhaul welfare. So does Bill Clinton. Clinton wants a Constitutional amendment enshrining victims' rights. So does Dole. Dole wants to cut capital gains taxes. So does Clinton. ...
Summer is changing to autumn, and you're in for some stormy weather as Election Day approaches--political weather, that is. Between now and Nov. 5, you can expect to endure blizzards of sound bites...
Never mind who wins the White House or which party ends up controlling Capitol Hill. The big news about Election 1996 is already in, and the bottom line on it is this: When the political horserace ...
For years we've been governed by generals and lawyers. We've also sent a postmaster, a cowboy adventurer, an engineer, a haberdasher, a peanut farmer, and an actor to the White House. The nation's ...
He is the most complex man in political circles, and perhaps even the most important. He is ingenious and creative, unfocused and undisciplined. He's a political strategist, literary analyst, pop p...
Who are George Radanovich, Charles Bass, and Sam Brownback, and what do they want? Chances are those names mean nothing in your house. But in Newt Gingrich's House, Radanovich, Bass, and Brownback-...
Newt Gingrich and Bob Dole promised to get the telecommunications deregulation bill, which would let cable TV operators and local and long-distance telephone companies duke it out in the marketplac...
GREAT MOMENTS IN DRINKING
MAYBE THE GETTYSBURG Address would not have been any better had Lincoln written it on a laptop. But if today's crop of federal Websites had existed back in '63, Abe would have had access to a lot o...
Lost in the budget brawl over Medicare comes news that farm subsidies, America's oldest, most protected welfare program, might finally be phased out. Or not.
Here's a crazy election-year scenario: An incumbent Republican President with approval ratings in the stratosphere is suddenly toast. An unknown governor of a small Southern state wins the Democrat...
"I never thought I would urge Bill Clinton to do any thing but retire," wrote Miles W. Haupt of Poulsbo, Wash. "But please add my name to your list of people requesting a presidential veto of the s...
WHEN NEWT Gingrich and his Republican revolutionaries seized control of Congress last fall, delight in many corner offices that Washington might finally move to cut federal spending and roll back n...
Shortly after Senate Commerce Committee Chairman Larry Pressler unveiled his telecommunications reform draft, an angry Vice President Al Gore phoned with a threat of a presidential veto of any bill...
To FOLKS in nearby Yoakum, Texas, Jim Bohan is just another struggling rancher. But to his compatriots on the Internet, he is Lobo Azul, Spanish for Blue Wolf, and a master of the new world of cybe...
SPEAKING IN HIS CHARACTERISTIC CLIPPED STACCATO, SPEAKER OF THE House Newt Gingrich began tossing around ideas the moment he sat down in his conference room in late May with a group of Time Inc. ed...
WASHINGTON'S MAJOR PLAYERS ARE GETTING ready for the blame game. After 26 straight years of federal budget deficits, government leaders are finally gearing up to slash spending dramatically. Troubl...
How many pigs weighing 60 to 119 pounds are there in Kentucky and Nebraska? How fast is the price of carbon paper changing? You can easily find answers to these questions--and more--because the gov...
The americans whose upraised hands you see on pages 100 and 101 gathered on a cold, sunny Saturday in February for a revival meeting of sorts, though their fervor was not religious. These mostly wh...
Fortune makes no secret of its affinity for getting to the top of things when it comes to covering business. We like to nose around as much as anybody in the plumbing of a company or an industry, b...
As Newt Gingrich and his cohorts in the House race to implement their Contract with America, their ambitious promise to cut taxes and spending while balancing the budget by the year 2002 seems to b...
When the 26 miles of concrete dividing East from West Berlin crumbled in 1990, Rick Krska, now 35, of Kansas City saw the handwriting on The Wall: The end of the cold war meant that defense contrac...
When Dick Cheney kicked off his New Year by deciding not to make a run for the White House in 1996, business executives lost their favorite candidate for President. But corporate America has a muc...
I can't believe the sheer arrogance of Phil Gramm ("How Gramm Coddles Criminals, Not Investors," December 1994). Sure, everybody deserves a second chance, but at the very least, investors have the ...
For all the talk of tax cuts, what business really wants from a Republican Congress is regulatory relief. For decades a phalanx of powerful Democratic committee chairmen prevented meaningful regula...
No sooner had we shipped our upbeat 1995 Forecast issue three weeks ago than the stock market plummeted 150 points, former associate attorney general Webster Hubbell shook the White House by coppin...
THE WASHINGTON business lobby is awash in euphoria. "I haven't felt this good since Reagan won," says Dirk Van Dongen, head of the National Association of Wholesaler-Distributors. Jerry Jasinowski,...
After 47 years in the auto industry, Lee Iacocca, 69, has embarked on several post-retirement careers. He remains a Chrysler consultant, for which he receives $500,000 a year and access to the comp...
| Most Viewed | Most Emailed | Top Searches |
Video
