In the early Cold War it was a monthly publication. Its editor then was Max Weiss; associate editors, V. J. Jerome, Alex Bittleman, Abner W. Berry, and Jack Stachel. Political Affairs is direct successor to The Communist.
In 2007 New Zealand blogger Trevor Louden reported Prof. Gerald Horne of Political Affairs had outed the identity of "an old poet" only known as "Frank" in Barack Obama's Dreams from my Father. Horne and Louden identified the future president's early role-model as CPUSA operative Frank Marshall Davis, a controversial figure assigned to carryout subversive activities in the Territory of Hawaii in the late 1940s and 1950s. These activities included, but not limited to
- being responsible for the Hawaiian Chapter of the NAACP having its Charter revoked;
- infiltration of the Hawaiian Democratic Party
- Golos network
- Cedric Belfrage
- List of Communist publications
- Soviet spies in America (1921-1948)
- Frank Marshall Davis
- Barack Hussein Obama
- Political Affairs Marxism Online.