What Kevin Warsh as new Federal Reserve chair could mean for the economy
The president is turning to a former Fed official as his nominee to replace outgoing Chair Jerome Powell.
Watch CBS News
The president is turning to a former Fed official as his nominee to replace outgoing Chair Jerome Powell.
President Trump says he is nominating Kevin Warsh to be the next chair of the Federal Reserve, filling a powerful economic policy role as the president pushes for lower interest rates.
Treasury Secretary Scott Bessent emphasized the benefits of Trump Accounts and addressed affordability concerns in an interview with CBS News.
The Federal Open Market Committee kept the federal funds rate steady, following three rate cuts last year.
Commerce Secretary Howard Lutnick predicts that first-quarter economic growth will heat up to 5%. But sustaining that pace won't be easy, economists say.
President Trump's plans to ease the financial pressures on Americans are bold but could backfire, experts said.
The subpoenas threatened a criminal indictment related to Jerome Powell's testimony before the Senate Banking Committee in June 2025, according to the Fed chair.
The Federal Reserve is grappling with economic issues including higher inflation and a slowing labor market.
The Federal Reserve will announce if they will cut rates again in December's meeting — their last meeting of 2025. The decision will determine whether borrowers get more relief on interest rates.
Bitcoin has erased all of its 2025 gains and is on track for its worst monthly performance since 2022. Here's what experts say about the decline.
The Fed on Wednesday announced its second interest-rate cut of 2025, reducing borrowing costs in a move to spur U.S. hiring.
Concerns about a weakening labor market may outweigh worries about rising inflation, tipping the Fed toward another rate cut, economists say.
The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.
With the U.S. economy facing headwinds, the Federal Reserve faces pressure to trim interest rates this week for the first time since December 2024.
President Trump has said he is firing Cook from her role over allegations she made false representations on mortgage agreements several years ago.
Americans' confidence in finding a new job fell to the lowest measure on record, new government survey shows.
Employers added far fewer jobs last month than economists had predicted, prompting some experts to reassess the economy.
Persistent inflation remains a pain point for consumers — and for the Federal Reserve as it weighs whether to lower interest rates.
President Trump said Monday he has fired Lisa Cook from the Federal Reserve's Board of Governors. Her attorney countered that they plan to file a lawsuit challenging the move.
Federal Reserve Chair Jerome Powell cited risks to the labor market in opening the door to cutting interest rates. Here's what job-seekers should know.
Investors will be closely eyeing Powell's speech in Jackson Hole on Friday to see if the Fed chair hints at a potential rate cut at the central bank's next meeting.
President Trump visited the Federal Reserve's headquarters in Washington, keeping up the intense pressure he's been putting on Fed chair Jerome Powell.
President Trump has lashed out against Federal Reserve Chair Jerome Powell for weeks.
Employers across the U.S. added 147,000 jobs in June, while the unemployment rate fell to 4.1%.
The Federal Reserve Board will announce its next rate decision today, June 18, at 2 p.m. EST.
A car went through the wall of a home in Douglas County in a crash that remains under investigation.
Federal workers have taken the first steps in a $32 million maintenance of the Blue Mesa Dam, the largest of three dams that were built in the 1960s to create Colorado's biggest reservoir.
Aurora Parks Recreation and Open Space thinks getting girls into sports will strengthen the community.
Ruben Ray Martinez was fatally shot in South Padre Island, Texas, in March 2025. ICE's involvement in the shooting was not disclosed until more than 11 months after the shooting.
More than 50 people, many hauling heavy packs, pointed their skis uphill and trudged a mile in a gently falling snow Wednesday night in honor of a Colorado-trained military unit that scored an improbable but significant victory in World War II.
A car went through the wall of a home in Douglas County in a crash that remains under investigation.
Federal workers have taken the first steps in a $32 million maintenance of the Blue Mesa Dam, the largest of three dams that were built in the 1960s to create Colorado's biggest reservoir.
Aurora Parks Recreation and Open Space thinks getting girls into sports will strengthen the community.
More than 50 people, many hauling heavy packs, pointed their skis uphill and trudged a mile in a gently falling snow Wednesday night in honor of a Colorado-trained military unit that scored an improbable but significant victory in World War II.
A business owner says she's been operating at a loss for some time due to these tariffs, while an advocate for business development says the tariffs helped the local economy by driving more international companies to the state.
Joe Ruch is tracking record heat across Colorado.
For Denver Nuggets public address announcer Kyle Speller, the microphone is only one part of his mission.
Aurora Parks Recreation and Open Space thinks getting girls into sports will strengthen the community.
Watch meteorologist Callie Zanandrie's forecast.
The Colorado State Patrol is looking for a driver after a crash in Clear Creek County.
For Denver Nuggets public address announcer Kyle Speller, the microphone is only one part of his mission.
Mormon, Kenneth and Ethan Jordan -- two brothers and a cousin -- are all competing at the CHSAA state wrestling championships.
On Dec. 6, the wrestling season for the Central High School Warriors came to a screeching halt when a speeding driver collided with the western Colorado team's bus.
The U.S. and Canada men's hockey teams are moving on to the semifinals at the Winter Olympics.
Mikaela Shiffrin, the most decorated skier of all time, last won a medal at the 2018 Winter Olympics in PyeongChang.
Ruben Ray Martinez was fatally shot in South Padre Island, Texas, in March 2025. ICE's involvement in the shooting was not disclosed until more than 11 months after the shooting.
All nine avalanche victims have been recovered from California's Sierra Nevada, Nevada County Sheriff Shannan Moon said Saturday at a news conference.
The Artemis II mission aims to send four astronauts — Reid Wiseman, Victor Glover, Christina Koch and Canadian astronaut Jeremy Hansen — on a flight around the far side of the moon and back.
A successful fueling test prompts NASA to press ahead toward a March 6 moonshot.
The Supreme Court divided 6-3 in finding that a federal law known as IEEPA does not authorize the president to impose tariffs.
Ruben Ray Martinez was fatally shot in South Padre Island, Texas, in March 2025. ICE's involvement in the shooting was not disclosed until more than 11 months after the shooting.
On Friday, President Trump signed a proclamation that would impose 10% tariffs on most foreign imports to the United States.
Colorado lawmakers are getting ready to debate a bill limiting how and when police can use drones and license plate readers like Flock.
The Supreme Court divided 6-3 in finding that a federal law known as IEEPA does not authorize the president to impose tariffs.
From headphones that can tell the age of your brain to a headband that can help rewire your brain, consumer neurotechnology devices are unraveling the mysteries of the mind
From headphones that can tell the age of your brain to a headband that can help rewire your brain, consumer neurotechnology devices are unraveling the mysteries of the mind
A Clear Creek County woman is relearning CPR weeks after she says the technique saved her life.
Critics have questioned why the federal government should underwrite coverage costs for people with ACA health plans — but almost all health insurance in the U.S. comes with some federal help.
The Centers for Disease Control and Prevention hasn't had a Senate confirmed director since last summer, and that official was in the job for less than a month.
Rosabella-brand moringa capsules could be linked to Salmonella cases in seven U.S. states, health officials said.
A business owner says she's been operating at a loss for some time due to these tariffs, while an advocate for business development says the tariffs helped the local economy by driving more international companies to the state.
The businesses in an industrial park on the outer edge of Fort Collins are banding together and expressing their frustrations about recent power shutoffs by Xcel Energy.
The Supreme Court on Friday ruled President Trump does not have the authority to unilaterally impose sweeping tariffs under a federal emergency powers law.
Parts of Evergreen's El Rancho restaurant will be preserved in a move to a new location, as a new filling station and convenience store moves ahead on the site.
The racetrack Bandimere Speedway is one step closer to approval of their plan for a new home in Weld County.
A popular youth hockey coach in southern Colorado has been arrested for investigation of felony child abuse after colliding on the ice with one of his players in a case that one of the coach's supporters called a "terrifying precedent for youth sports across the country."
A Denver judge this week ordered an area pastor, Tilo Lopez, to pay a family $311,000 in restitution after Lopez was criminally prosecuted in connection with a construction project he said he would do for the family.
The filing comes months after a judge ordered the company to pay more than $116 million for its role in the 2021 death of 6-year-old Wongel Estifanos.
Denver drivers continue to be impacted by a change in how parking tickets are disputed. That system changed in September, when the city eliminated the ability to dispute parking tickets online.
Former Denver Police Chief Paul Pazen, who retired as chief in 2022, plans to announce next week that he is running for a seat on Denver City Council.