Politics News

Sen. Chuck Schumer (D-N.Y.) called Facebook co-founder Eduardo Saverin a "great American success story gone horribly wrong" on Thursday. Saverin recently renounced his U.S. citizenship, avoiding millions of dollars in taxes on Facebook stock.

Answering questions from reporters in Florida on Thursday, Mitt Romney said he couldn't recall a past statement on President Obama and controversial Rev. Jeremiah Wright, but stands by the comment, "whatever it was."

Mitt Romney repudiated a proposal from billionaire Joe Ricketts to run ads highlighting President Obama's relationship with the controversial Rev. Jeremiah Wright in a campaign stop in Florida on Thursday.

White House national security adviser Tom Donilon discussed on Thursday the historic nature of the upcoming G8 meeting at Camp David, joking he wanted to get his facts straight with CBS News Radio correspondent, and presidential historian, Mark Knoller in the briefing.

Derek Mitchell, current special envoy for Burma, will become ambassador; move comes amid Burma's new reforms

The White House has selected the head of the intelligence branch in its budget office to be President Obama's top adviser on cybersecurity issues

In closing arguments at Edwards trial, defense lawyer accuses prosecutors of using sordid details of affair to send famous politician to prison

Autopsy finds estranged wife of Robert F. Kennedy Jr. died of asphyxiation due to hanging after found dead at family property

Republicans continue to attack President Obama over the country's debt, while Democrats describe Mitt Romney as out of touch with the financial problems of most Americans. CBS News political correspondent Jan Crawford reports.

Envoy to Israel warns U.S. prefers not to resort to military force but will if necessary to prevent development of nuclear weapons