Jerome Powell: Full 2024 60 Minutes interview transcript
The full text of Scott Pelley's interview with the Federal Reserve chair.
Original
Fed chair on AI, China Evergrande, and cybersecurity
The chairman of the Federal Reserve spoke with 60 Minutes about China's slowing economy, the Fed's research into the impact of artificial intelligence, and new regulations to prevent failures like Silicon Valley Bank.
The San Judas Break: Where migrants pour in
A gap in the border fence has become a destination for migrants seeking asylum in the U.S. But what happens after they step onto American soil?
Converting vacant offices into apartments
Transforming unused office buildings into urban housing could solve two problems rippling through the real estate world — if only it were so easy.
Israelis advocate for hostages still held by Hamas in Gaza
Meirav Leshem Gonen's daughter, Romi, has not yet been released by Hamas. She wants to make sure the world does not forget that.
War in Ukraine: Kherson's resisters
When Russia occupied the Ukrainian city of Kherson, civilians there organized a resistance. More than a year later, they're still defending their country.
Why a huge Hawaiian wildfire could happen again
Dry grass and a limited firefighting force mean another devastating wildfire could happen again in the Aloha State.
More from "Five Eyes" leaders
Intelligence directors from the "Five Eyes" tell 60 Minutes how China steals intellectual property through professional networking sites, and how the Russian espionage threat has evolved since the invasion of Ukraine.
How 60 Minutes reported in Israel
Lesley Stahl and a 60 Minutes producing team heard rocket sirens every day in Tel Aviv, and reported from a dangerous area near the border of Gaza.
Biden: Saudi Arabia-Israel talks not dead
In an interview with 60 Minutes, President Biden says the effort to normalize relations between the two countries can ultimately withstand Israel's on-going war with Hamas.
More From 60 Minutes
A teen confided in an AI chatbot before her suicide
Parents warn AI chatbots on Character AI sent sexually explicit content to their 13-year-old daughter.
Character AI bots engaged in predatory behavior with teens, families allege
A teen told a Character AI chatbot 55 times that she was feeling suicidal. Her parents say the chatbot never provided resources for her to get help. They are one of at least six families suing the company.
How craftspeople make watches worth hundreds of thousands of dollars
The watch industry is ticking away in Switzerland, where masters work with pieces the size of poppyseeds to hand make timepieces that retail for hundreds of thousands of dollars.
Marjorie Taylor Greene: 60 Minutes Interview
Rep. Marjorie Taylor Greene, a dogged supporter-turned-critic of President Trump, tells 60 Minutes about her fractured relationship with the president and why she decided to resign from Congress.
Marjorie Taylor Greene says Trump policies are not America First
The relationship between Rep. Marjorie Taylor Greene, one of President Trump's most loyal backers, soured over the Epstein files and disagreements over MAGA policies.
Researchers warn AI chatbots can harm kids
A teen told a Character AI chatbot 55 times that she was feeling suicidal. Her parents say the chatbot never provided resources for her to get help. They are one of at least six families suing the company.
Why handmade Swiss watches are so expensive
Luxury Swiss watches made by Richard Mille, Patek Philippe, MB&F, Jaeger-LeCoultre and Philippe Dufour are pricier than some homes. Craftspeople carefully design and construct the timepieces.
What goes into making pricey mechanical watches in Switzerland
Luxury Swiss watches made by Richard Mille, Patek Philippe, MB&F, Jaeger-LeCoultre and Philippe Dufour are pricier than some homes. Craftspeople carefully design and construct the timepieces.
Coming up: Indiana football's turnaround
Entering this season, Indiana University had more defeats than any other major college football program in America. Now, in a remarkable turnaround, the Hoosiers are making a championship bid.
Marjorie Taylor Greene says Republicans are "terrified to step out of line"
Rep. Marjorie Taylor Greene, a dogged supporter-turned-critic of President Trump, tells 60 Minutes about her fractured relationship with the president and why she decided to resign from Congress.
U.S.
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A "Survivor" finalist's mission to prove his late sister was murdered
"Survivor" 48 contestant Joe Hunter believes his sister Joanna, whose death was ruled a suicide, was murdered. He and their mother are working to be Joanna's voice and advocate for others who have experienced domestic violence.
Man who attacked, then rescued, ex-wife hoped to be her hero
Morgan Metzer survived a violent attack in her Canton, Georgia, home by an assailant she described as dressed in black and sounding like Batman. The only thing more surprising than the attack itself — was the suspect.
Fernando Mendoza becomes first-ever Indiana Hoosier to win the Heisman
Fernando Mendoza claimed 2,362 first place votes to nab the prize.
7 highlights from Erika Kirk's CBS News town hall
Erika Kirk recalls the emotional fog of Charlie Kirk's assassination, addresses conspiracy theories and takes questions during a CBS News town hall hosted by Bari Weiss.
Washington state experiences devastating flooding, Midwest braces for arctic blast
Washington state residents are bracing for possible mudslides and levee failures from floodwaters that are expected to be slow to recede.
MoneyWatch
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Law prof sues Boeing, alleging exposure to toxic fumes on Delta flight
A Temple University law professor alleges in a suit that he breathed in contaminated air on a Boeing craft, leaving him physically impaired.
Millions of Americans could see health plan costs double as ACA credits vanish
"I don't know how I'm going to pay for this," said one person with an Affordable Care Act plan that will cost her $1,100 a month starting in January.
U.S. could owe businesses $168B if Supreme Court rejects Trump tariffs
A ruling striking down emergency levies could force the federal government to return most of the tariff revenue it has collected this year, according to Penn Wharton.
Trump signs executive order to block "excessive" state AI regulations
President Trump has signed an executive order to block states from regulating artificial intelligence.
Bessent calls for overhaul of regulator that protects U.S. financial system
Treasury Secretary's proposal to revamp the Financial Stability Oversight Council would expose Americans to risk, critics say.
Politics
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7 highlights from Erika Kirk's CBS News town hall
Erika Kirk recalls the emotional fog of Charlie Kirk's assassination, addresses conspiracy theories and takes questions during a CBS News town hall hosted by Bari Weiss.
How to watch Erika Kirk's town hall with CBS News
The last person to ask Charlie Kirk a question attended the town hall, airing at 8 p.m. ET/PT on CBS.
U.S. removes Brazilian Supreme Court judge from its sanctions list
The move represents a thawing of sorts in the frosty relationship between the Trump administration and the Brazilian government.
House GOP unveils health care plan, with vote on track for next week
The Republican proposal does not include an extension to the expiring Affordable Care Act premium tax credits.
Venezuela's Machado appears open to U.S. military pressure against Maduro
María Corina Machado, asked by CBS News' Margaret Brennan about Trump's threat of land strikes, said she'd "welcome more and more pressure" on Maduro.
HealthWatch
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He made his brothers see a cardiologist. Each had advanced heart disease.
Kevin Murray was his family's health watchdog. His vigilance helped his brothers "avoid a real catastrophe."
Millions of Americans could see health plan costs double as ACA credits vanish
"I don't know how I'm going to pay for this," said one person with an Affordable Care Act plan that will cost her $1,100 a month starting in January.
Vaccine vote signals turbulence for immunization policy, public trust
Clinicians and epidemiologists warn the decision could unravel decades of progress and expose newborns to a deadly, preventable disease.
Botulism outbreak tied to ByHeart products includes 51 babies in 19 states
Health officials say an infant botulism outbreak tied to ByHeart baby formula has been expanded to include all illnesses reported since the company began production in 2022.
Extended interview: Dr. Rochelle Walensky
CBS News chief medical correspondent Dr. Jon LaPook speaks at length with former CDC director Dr. Rochelle Walensky about the hepatitis B vaccine and last week's vote by the CDC's vaccine advisory panel to change the recommendation for when children should get their first dose of the vaccine.
World
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U.N. chief says 6 international peacekeepers killed in drone strike in Sudan
All the victims are Bangladeshi nationals, serving in the U.N. Interim Security Force for Abyei, UNISFA.
Israel's military says it killed top Hamas commander in Gaza
The military said it killed Raed Saad, described as one of the architects of the Oct. 7 attack, after an explosive device detonated and wounded two soldiers.
Trump vows "we will retaliate" after fatal attack on U.S.-Syrian patrol in Syria
President Trump said in a Truth Social post that it was an "ISIS attack against the U.S." and Syria and that there will be "very serious retaliation."
Police find no evidence former prince asked guard to investigate Giuffre
British police say they have found no evidence that Andrew Mountbatten-Windsor asked a bodyguard to investigate Virginia Giuffre.
Lindsey Vonn back on the podium after historic World Cup downhill win
One day after becoming the oldest winner of a World Cup downhill, Vonn, 41, finished second in a race on Saturday in St. Moritz.
Entertainment
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A "Survivor" finalist's mission to prove his late sister was murdered
"Survivor" 48 contestant Joe Hunter believes his sister Joanna, whose death was ruled a suicide, was murdered. He and their mother are working to be Joanna's voice and advocate for others who have experienced domestic violence.
Comedy icon Dick van Dyke celebrates turning 100: "I still try to dance"
The famed star sang and danced his way into America's heart through his illustrious career that has spanned nearly eight decades.
Peter Greene, character actor known for iconic villains, dies at 60
Peter Greene, best known for his role in "Pulp Fiction," has died at his home in New York City at 60 years old.
Producer Abraham Quintanilla, father of Tejano icon Selena, dies at 84
Quintanilla is survived by his son, his daughter Suzette and his wife Marcella, who he wed in 1963.
Sierra Hull performs "Movement 3"
Sierra Hull is a singer and mandolin player who has collaborated with stars like Dolly Parton and Eric Clapton. The Tennessee native's album, "A Tip Toe High Wire," is nominated for Best Bluegrass Album at next year's Grammy Awards. Here's Sierra Hull performing the instrumentals for "Movement."
Technology
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Technology
What's next after Trump's AI rule order?
President Trump signed an executive order restricting states from creating their own regulations for artificial intelligence. CBS News senior business and technology correspondent Jo Ling Kent has more.
College grads struggling to launch careers
New York Times reporter Jodi Kantor's upcoming book "How to Start" looks at the difficulties of beginning your career. Kantor joins "The Takeout" to unpack some of the difficulties college students face, artificial intelligence and more.
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Trump targets state regulations for AI
President Trump signed an executive order Thursday that aims to prevent states from enforcing their own regulations on artificial intelligence. CBS News chief White House correspondent Nancy Cordes reports.
Trump signs order to block state AI rules
Stocks dipped lower on Friday as tech and AI companies came under pressure from President Trump. He signed an executive order on Thursday to stop state regulation of artificial intelligence, arguing that a patchwork set of rules could hold the U.S. back from dominating the competition. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Science
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Fossil footprints in Bolivia reveal dinosaurs' awkward attempts to swim
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
"Space gum" discovered in asteroid Bennu samples, NASA reveals
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
CEO of genetics firm says parents have a right to choose unborn child's traits
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
Sick ants invite self-sacrifice to save colony: "Come and kill me"
Ant colonies act as one "super-organism" which works to ensure the survival of all, according to a team of scientists.
Mystery owner of ancient foot found in Africa identified, scientists say
The discovery could cast some doubt on the status of Lucy's species as the direct ancestor of Homo sapiens.
Crime
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A "Survivor" finalist's mission to prove his late sister was murdered
"Survivor" 48 contestant Joe Hunter believes his sister Joanna, whose death was ruled a suicide, was murdered. He and their mother are working to be Joanna's voice and advocate for others who have experienced domestic violence.
Man who attacked, then rescued, ex-wife hoped to be her hero
Morgan Metzer survived a violent attack in her Canton, Georgia, home by an assailant she described as dressed in black and sounding like Batman. The only thing more surprising than the attack itself — was the suspect.
Gunman at large after Brown University shooting
At least two people have been killed, and eight others were critically wounded in a shooting at Brown University in Providence, Rhode Island, on Saturday. The gunman remains at large. Logan Hall reports.
2 dead, 8 injured in Brown University shooting
At least two people have been shot and killed at Brown University in Providence, Rhode Island, according to the city's mayor, Brett Smiley. He also said eight people are in critical, but stable condition. Jericka Duncan anchors this Special Report.
Democrats release photos from Epstein estate
House Democrats released more photos from the estate of convicted sex offender Jeffrey Epstein that include prominent figures like billionaire Bill Gates and former President Bill Clinton.
Space
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"Wet lava ball" exoplanet may have an atmosphere, evidence shows
Super-Earth TOI-561b is about 40 times closer to its host star than Mercury is to the sun.
NASA says Maven spacecraft that was orbiting Mars has gone silent
NASA has lost contact with a spacecraft that's been orbiting Mars for more than a decade.
Black hole spotted blasting winds at 130 million miles per hour
The European Space Agency said that the black hole inside the spiral galaxy NGC 3783 has the mass of 30 million suns.
3-man crew undocks from space station, wrapping up 8-month stay
Russian Soyuz crews are now spending eight months aboard the space station instead of six to stretch supplies and lower costs.
"Space gum" discovered in asteroid Bennu samples, NASA reveals
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
Latest Galleries
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Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Robert Redford 1936-2025
A retrospective look at the actor, director, producer, and founder of the Sundance Institute.
Latest CBS News Videos
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Latest CBS News Videos
Controversial Chinese embassy in London delayed
China's plans for a massive new embassy in the British capital were delayed until January. Construction plans have proven controversial, with some raising espionage concerns. Ramy Inocencio has more from London.
Washington state gets break from rain - for now
Washington was still under a state of emergency on Saturday after torrential rains swamped communities. Plus, snow and dangerous cold are falling on some in the Midwest and on the East Coast. Nicole Valdes has more from Washington state.
United Airlines flight loses engine during liftoff
A United Airlines jetliner lost one of its engines during liftoff from Washington's Dulles Airport bound for Tokyo. Ali Bauman reports.
3 Americans ambushed and killed in Syria
Two U.S. Army soldiers and an American civilian serving as an interpreter are dead after a lone gunman in Syria ambushed their patrol near Palmyra. No group has claimed responsibility, but President Trump is blaming ISIS. Willie James Inman reports.
Gunman at large after Brown University shooting
At least two people have been killed, and eight others were critically wounded in a shooting at Brown University in Providence, Rhode Island, on Saturday. The gunman remains at large. Logan Hall reports.