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President Trump says he'll nominate Kevin Warsh to serve as the next Federal Reserve chairman with current Fed Chair Jerome Powell's term expiring in May. Powell has faced ongoing attacks from Mr. Trump, who nominated Powell to the role during his first term. CBS News business analyst Jill Schlesinger explains what to know.
In an interview with CBS News, Treasury Secretary Scott Bessent defended the DOJ investigation into Fed Chair Jerome Powell, saying, "I think that the message is that independence does not mean no accountability." He also addressed the new Trump Accounts, which are tax-deferred investment accounts created for every American child born between January 1, 2025 and December 31, 2028.
After the killing of Alex Pretti in Minnesota, Senate Democrats say they will not support funding DHS, which oversees ICE, unless reforms are put in place. The Senate has until Friday to approve the funding bill. Caitlin Huey-Burns reports.
Democratic Rep. Ilhan Omar was attacked at a town hall in Minneapolis when a man charged at her and sprayed her with an unknown substance. The congresswoman, who does not appear to have been hurt, was calling for DHS Secretary Kristi Noem to step down when she was attacked.
During an appearance for a his new book, "Where We Keep the Light: Stories From A Life of Service", Pennsylvania Gov. Josh Shapiro told "CBS Mornings" "this mission is broken" when asked if the Trump administration has made enough changes following the latest fatal shooting by federal agents in Minneapolis.
Border Patrol commander Gregory Bovino has been reassigned and will be leaving his post in Minneapolis, sources say, with border czar Tom Homan taking over. The change comes after the death of VA nurse Alex Pretti, who was shot and killed by Border Patrol. Minneapolis Police Chief Brian O'Hara told CBS News the video of the killing shows questionable tactics by federal agents.
Homeland Security Secretary Kristi Noem said Alex Pretti approached federal agents with a handgun before he was shot and killed in Minneapolis on Saturday. However, a bystander video shows a different version of events. Here's a side-by-side comparison of Noem's description and video of the moment leading up to the shooting.
The second deadly shooting of an American citizen by federal agents in Minneapolis, could impact whether the federal government stays open. Some Independent and Democratic Senators are now vowing to try to block further funding for ICE. Friday is the deadline for Congress to approve new funding or there will be a partial shutdown Weijia Jiang reports.
Former special counsel Jack Smith testified publicly for the first time Thursday, defending his historic criminal case against President Trump to lawmakers. Scott MacFarlane reports.
President Trump has returned from meeting with world leaders in Switzerland and is shifting focus to domestic issues and this year's midterm elections. Aboard Air Force One, Mr. Trump laid out his plans to take his economic message on the road. Weijia Jiang reports.
