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Low short-term interest rates will be needed for a "considerable time," Federal Reserve Chair Janet Yellen told the Joint Economic Committee of Congress on May 7. (AP Photo/Charles Dharapak)

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President Barack Obama mentions actions in Congress before signing the “Fair Pay and Safe Workplace” executive order, requiring prospective federal contractors to disclose labor law violations, Thursday, July 31, 2014, in the South Court Auditorium of the Eisenhower Executive Office Building on the White House complex in Washington. (AP Photo/Jacquelyn Martin)

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President Barack Obama mentions actions in Congress before signing the "Fair Pay and Safe Workplace" executive order, requiring prospective federal contractors to disclose labor law violations, Thursday, July 31, 2014, in the South Court Auditorium of the Eisenhower Executive Office Building on the White House complex in Washington. (AP Photo/Jacquelyn Martin)

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President Barack Obama mentions actions in Congress before signing the “Fair Pay and Safe Workplace” executive order, requiring prospective federal contractors to disclose labor law violations, Thursday, July 31, 2014, in the South Court Auditorium of the Eisenhower Executive Office Building on the White House complex in Washington. (AP Photo/Jacquelyn Martin)

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**FILE** Treasury Secretary Jacob Lew testifies on Capitol Hill in Washington on June 25, 2014, before the Senate Committee hearing to examine the Financial Stability Oversight Council annual report to Congress. (Associated Press)

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**FILE** House Minority Leader Nancy Pelosi of Calif. gestures after passing the gavel House Speaker John Boehner of Ohio, who was re-elected as House Speaker of the 113th Congress, Thursday, Jan. 3, 2013, on Capitol Hill in Washington. (AP Photo/Susan Walsh)

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President Obama in a speech Thursday that U.S. businesses should be concerned not just with profits but also with being "good corporate citizens," and he called on Congress to close corporate tax loopholes. (Associated Press)

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President Obama in a speech Thursday that U.S. businesses should be concerned not just with profits but also with being "good corporate citizens," and he called on Congress to close corporate tax loopholes. (Associated Press)

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If approved by Congress, Procter & Gamble CEO Robert McDonald, President Obama's nominee as the next Veterans Affairs secretary, will inherit a full plate. (Associated Press)

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If approved by Congress, Procter & Gamble CEO Robert McDonald, President Obama's nominee as the next Veterans Affairs secretary, will inherit a full plate. (Associated Press)

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Transportation Secretary Anthony Foxx has taken Congress to task for its noncommittal approach to investing in the nation's aging infrastructure. Lawmakers have thus far rejected the Obama administration's efforts to pass a long-term improvement plan. (Associated Press)

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Transportation Secretary Anthony Foxx has taken Congress to task for its noncommittal approach to investing in the nation's aging infrastructure. Lawmakers have thus far rejected the Obama administration's efforts to pass a long-term improvement plan. (associated press)

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The Broadcasting Board of Governors (BBG) admitted it laid off workers who reported wastefulness to Congress. (AP Photo/Tony Gutierrez)

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The Broadcasting Board of Governors (BBG) admitted it laid off workers who reported wastefulness to Congress. (AP Photo/Tony Gutierrez)

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James Madison, the Father of the Constitution, warned that the "freedom of the people" is imperiled more by "gradual and silent encroachments of those in power, than by violent and sudden usurpations.” (Library of Congress)

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California State Sen. Ted Lieu, who is currently running for Congress, called on Fox News Host Bob Beckel to resign immediately after statements he made on "The Five" about Chinese people. (Fox News)

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California State Sen. Ted Lieu, who is currently running for Congress, called on Fox News Host Bob Beckel to resign immediately after statements he made on "The Five" about Chinese people. (Fox News)

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President Obama will ask Congress for $2 billion to deal with the crisis that has seen thousands of unaccompanied children, mostly from Central America, illegally surge across the U.S.-Mexico border. (AP Photo/Eric Gay, Pool)

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Big Man in Congress: Senate Majority Leader Harry Reid has outsized control of deciding the fate of federal law. (Associated Press)

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Big Man in Congress: Senate Majority Leader Harry Reid has outsized control of deciding the fate of federal law. (Associated Press)