Powell says the Fed was served DOJ subpoenas over building renovations
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.
Watch CBS News
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.
Financial markets slumped Friday after President Trump threatened to raise tariffs on China over a dispute involving rare earths.
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.
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.
The Federal Reserve Board will announce its next rate decision today, June 18, at 2 p.m. EST.
The President's criticism comes a day after the Federal chair said the time isn't yet right for a rate cut.
President Trump said he isn't planning on firing Federal Reserve chair Jerome Powell, one day after calling Powell a "major loser."
Trump administration economist Kevin Hassett said Powell's removal is being studied by the president and his team.
President Trump lashed out at Fed Chair Jerome Powell over interest rates, saying he should "certainly lower them now."
Federal Reserve Chair Jerome Powell said in a speech today that President Trump's tariffs are likely to boost U.S. inflation.
Fed Chair Jerome Powell cites "high uncertainty" around the impact of Trump administration tariffs on key trading partners.
Powell says the Fed is in no hurry to change course, citing "uncertainty" over the impact of the Trump administration economic policies
Economy showed solid fourth-quarter growth, though roughly a percentage point below economist expectations.
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald Trump.
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
Federal Reserve Chair Powell, speaking at a conference in Jackson Hole, Wyoming, said the timing and pace of rate cuts will depend on economic data.
The Federal Reserve is leaving its benchmark interest rate unchanged as investors look for signals that a cut is imminent.
After two years of rate hikes, Americans are coping with higher costs for all kinds of loans. Here's what to expect from the Fed today.
Officials want more data to be confident that inflation is abating, according to the minutes of their July 25-26 meeting.
A Westcliffe man convicted of shooting four of his neighbors in 2023 while a surveyor attempted to measure their property lines was sentenced last week to three life sentences.
The case of a police officer who allegedly fled after off-duty road rage incident that ended in crash on I-25 is highlighting the hiring pressures small departments in Colorado face.
Residents in Ken-Caryl Ranch are questioning a metro district idea to swap 900 acres of open space for community center property -- roughly 12 acres -- with Jefferson County.
Secretary of War Pete Hegseth administered the Oath of Enlistment at Buckley Space Force Base and toured two different private space agencies.
A plan for big increases in the size of Bear Creek Lake in Lakewood's Bear Creek Lake Park looks like it's not going to happen.
Another dramatic split of fire danger and heavy mountain snow is rolling in this week.
A Westcliffe man convicted of shooting four of his neighbors in 2023 while a surveyor attempted to measure their property lines was sentenced last week to three life sentences.
The case of a police officer who allegedly fled after off-duty road rage incident that ended in crash on I-25 is highlighting the hiring pressures small departments in Colorado face.
Residents in Ken-Caryl Ranch are questioning a metro district idea to swap 900 acres of open space for community center property -- roughly 12 acres -- with Jefferson County.
Secretary of War Pete Hegseth administered the Oath of Enlistment at Buckley Space Force Base and toured two different private space agencies.
The case of a police officer who allegedly fled after off-duty road rage incident that ended in crash on I-25 is highlighting the hiring pressures small departments in Colorado face.
Residents in Ken-Caryl Ranch are questioning a metro district idea to swap 900 acres of open space for community center property -- roughly 12 acres -- with Jefferson County.
Secretary of War Pete Hegseth visited Colorado on Monday.
A former Colorado resident says he's now sheltering in place in Puerta Vallarta after the death of cartel leader Nemesio Oseguera Cervantes, also known as "El Mecho."
A plan for big increases in the size of Bear Creek Lake in Lakewood's Bear Creek Lake Park looks like it's not going to happen
American skier Lindsey Vonn, who crashed seconds into her downhill race at the 2026 Winter Olympics, said she is finally out of the hospital as she recovers.
The Milan Cortina Olympics ended Sunday with a closing ceremony inside the ancient Roman amphitheater, Verona Arena.
Through a sudden death overtime goal, the U.S. men's hockey team is golden over Canada.
Kaillie Humphries Armbruster won her sixth career Olympic medal, tying fellow American Elana Meyers Taylor for the most by any woman in bobsled history.
For Denver Nuggets public address announcer Kyle Speller, the microphone is only one part of his mission.
An image the FBI released of the suspect at Nancy Guthrie's front door, without a backpack, was captured by her Nest doorbell camera prior to the night of her abduction.
The Trump administration is unlikely to back down from pursuing additional tariffs following the Supreme Court decision, according to trade experts.
American skier Lindsey Vonn, who crashed seconds into her downhill race at the 2026 Winter Olympics, said she is finally out of the hospital as she recovers.
Nemesio Rubén Oseguera Cervantes — known as "El Mencho" — was the boss of one of the fastest-growing criminal networks in Mexico.
The Supreme Court agreed to take up an effort by energy companies to end a lawsuit filed in state court that seeks billions of dollars in damages.
Secretary of War Pete Hegseth administered the Oath of Enlistment at Buckley Space Force Base and toured two different private space agencies.
The Supreme Court agreed to take up an effort by energy companies to end a lawsuit filed in state court that seeks billions of dollars in damages.
An armed man was shot and killed early Sunday morning after "unauthorized entry" into the secure perimeter at President Trump's Mar-a-Lago estate, the U.S. Secret Service said.
Homeland Security Secretary Kristi Noem said in a statement that TSA and Customs and Border Protection are "suspending courtesy and special privilege escorts."
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.
Robert F. Kennedy Jr. has criticized the broadening use of anxiety medications, but doctors and researchers say the MAHA movement is misrepresenting drugs that have been proven to help.
After decades of American children routinely receiving polio vaccines, the virus that had doomed many to paralysis was nearly eliminated in the United States. But vaccine avoidance today may allow the crippling disease to return.
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 Trump administration is unlikely to back down from pursuing additional tariffs following the Supreme Court decision, according to trade experts.
The Social Security Administration wouldn't stop issuing benefits once its trust funds are exhausted, but it could be forced to cut benefits.
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.
The case of a police officer who allegedly fled after off-duty road rage incident that ended in crash on I-25 is highlighting the hiring pressures small departments in Colorado face.
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.