McConnell Accuses White House of `Abuse of Power'
May 14 (Bloomberg) -- U.S. Republican Senators Mitch McConnell of Kentucky, Orrin Hatch of Utah, John Cornyn of Texas, John Thune of South Dakota, John Barrasso of Wyoming, Roy Blunt of Missouri, and Jerry Moran of Kansas, speak at a news conference in Washington about the Internal Revenue Service's targeting of small-government advocacy groups for extra scrutiny. (Source: Bloomberg)
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Japan Shunning U.S. Debt at Wrong Time
18:20 - America’s biggest foreign creditor is unloading U.S. debt. And in a warning sign for the Treasury market, Japan’s famously risk-averse money managers are giving little sense that an about-face is imminent. Bloomberg's Brian Chappatta has more on "Bloomberg Markets." (Source: Bloomberg)