Charles Schumer

WASHINGTON -- One week after proposing a law that would punish Americans who avoid paying large tax bills by renouncing their citizenship, Sen. Charles E. Schumer scolded anti-tax activist Grover Norquist for comparing the legislation to efforts taken...

We're working on making an actual calendar for upcoming celebrity appearances in the Chicago area. Until then, I'll be updating this blog entry with any celeb appearances I hear about. And if you know about one that isn't listed below, email it to...

— JPMorgan Chase has spent upward of $20 million on lobbying and campaign contributions in the past three years. On Tuesday, the bank received a healthy dividend on that investment. Its chairman, Jamie Dimon, has admitted that the firm was "sloppy"...

It is now up to Illinois Gov. Pat Quinn to decide whether to sign into law a bill that protects employees and job seekers from having to provide their social media passwords to current or prospective employers. Quinn spokeswoman Brooke Anderson said...

It is now up to Gov. Pat Quinn now to decide if Illinois will pass a bill that protects employees and job seekers from having to provide their social media passwords to employers or prospective employers. The Illinois Senate on Tuesday voted 55-0 to...

Abdelbeset Ali Mohmed al Megrahi, the only person convicted in connection with the Lockerbie airline bombing that killed 270 people, died Sunday, the Libyan government and family members said. He was 60. The former intelligence officer, who had...

WASHINGTON — The Obama administration ordered tariffs of 31% and higher on solar panels imported from China, escalating a simmering trade dispute with China over a case that has sharply divided American interests in the growing clean-energy...

My Op-Ed on Wednesday put the spotlight on people like Eduardo Saverin, who enjoy the benefits of life in America but then renounce their citizenship. If they cut themselves off from from the United States, I think we should reciprocate -- and severely...

WASHINGTON — Eduardo Saverin fled Brazil as a boy and lived the American dream by helping found Facebook Inc. Now two U.S. senators want to make sure he never sets foot in the U.S. again unless he pays tens of millions of dollars in taxes he will...

Facebook co-founder Eduardo Saverin has made enemies in Washington. Earlier this week it came to light that the 30-year-old Facebook co-founder had renounced his U.S. citizenship, a move that could save him an estimated $67 million in federal taxes,...

WASHINGTON -- Denounced as a tax-dodger for renouncing his U.S. citizenship, Facebook co-founder Eduardo Saverin said Thursday he was grateful to the country and will end up paying hundreds of millions of dollars in taxes as required under current law....

WASHINGTON — Two senators on Thursday denounced Facebook Inc. co-founder Eduardo Saverin as a tax dodger for renouncing his U.S. citizenship ahead of the company's initial public offering and introduced legislation to punish him and others who leave...