The Fed, 10 years after the Great Recession
After interviewing Fed Chair Jerome Powell, Scott Pelley reflects on his "60 Minutes" interview with former Fed Chair Ben Bernanke in 2009.
Ben Bernanke
Fed chairs on quantitative easing
Although first skeptical of the financial policy enacted by predecessor Ben Bernanke, Fed Chair Jerome Powell now realizes the risks never came to pass.
Ben Bernanke awarded the Nobel Prize
On Monday, former Federal Reserve Chair Ben Bernanke was awarded the Nobel Prize in Economic Sciences. In 2009, Bernanke told 60 Minutes, "The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis."
Ben Bernanke awarded the Nobel Prize
On Monday, former Federal Reserve Chair Ben Bernanke was awarded the Nobel Prize in Economic Sciences. In 2009, Bernanke told 60 Minutes, "The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis."
Nobel Prize goes to a former Fed chair and two other U.S.-based economists
Ben Bernanke, Douglas W. Diamond and Philip H. Dybvig got the Nobel Prize in economics "for research on banks and financial crises."
Ben Bernanke interview
Former Federal Reserve chairman Ben Bernanke joins CBSN to discuss the government spending bill and President Trump's challenges with economic growth.
Watch the full report this Sunday, September 27 on “Sunday Morning”
China’s stock market is trying to recover after its recent meltdown. Norah O’Donnell spoke with the former chairman of the Federal Reserve, Ben Bernanke, who discussed the country with the world’s second largest economy and if it could pose a risk to the U.S. economy. Watch the full report this Sunday, September 27 on “Sunday Morning.”
Bernanke says instead of having a woman replace Alexander Hamilton on the $10 bill, we should replace Andrew Jackson on the $20 bill
Former Federal Reserve Chair Ben Bernanke says instead of having a woman replace Alexander Hamilton on the $10 bill, we should replace Andrew Jackson on the $20 bill. CBSN's Kristine Johnson and Vladimir Duthiers have more.
The Chairman Part 2
Ben Bernanke tells Scott Pelley what the Fed is doing to help fix the current economic crisis and when he expects the crippling recession to end.
The Chairman
If you think your job is tough, consider Ben Bernanke's. As Chairman of the Federal Reserve, the task of reviving the U.S. economy falls largely on his shoulders. Scott Pelley has the interview.
Fed chair: "We don't feel any hurry" to raise interest rates
"Can the president fire you?" Scott Pelley asked the Fed chair and Trump Twitter target. "No," Jerome Powell answered
Fed Chair Jerome Powell to appear on "60 Minutes"
Correspondent Scott Pelley interviews Powell along with his predecessors Ben Bernanke and Janet Yellen
Fed Chair says he wouldn't resign if Trump asked
Central bank chief, joined by Janet Yellen and Ben Bernanke, says monetary policy must remain independent of politics
Could the U.S. cope with another financial meltdown?
Former Fed Chair Ben Bernanke and former Treasury Secretaries Tim Geithner and Hank Paulson talk about the new documentary, "Panic: The Untold Story of the 2008 Financial Crisis"
"Broken" Washington called threat to U.S. economy
Geithner and fellow financial crisis vets Paulson and Bernanke agree U.S. ill-prepared to combat inevitable next crisis
60 Minutes, 03.15.09
With the weight of the U.S. economy falling largely on his shoulders, Scott Pelley speaks with Federal Reserve Chairman Ben Bernanke; Lesley Stahl profiles Alice Waters and her "slow food" revolution; And, Andy Rooney on the era of newspapers.
Yellen: Greenspan's "irrational exuberance" speech was too mild
The former Federal Reserve chair recalled her "error in judgement" during a talk with her predecessor, Ben Bernanke
Yellen's Fed legacy: Turning crisis into calm
America's first female central bank head was instrumental in helping keep the economic recovery on track
Bernanke: Trump's pledge to revive U.S. manufacturing is "not realistic"
What the economy really needs is a raft of policies aimed at helping Americans climb the ladder, former Fed chief says
Former Fed chairman reflects on 2016 election
In the new afterword to his memoir, the former Fed chairman reflects on candidate Trump's "dystopian assessment of the U.S. economy"
Get ready for the Fed's next scary policy change
With its sleepy interest rate hikes finally picking up speed, trimming its bloated balance sheet will be even trickier
Why the Fed has a rate-setting problem
It sets its target rate relative to what's called the natural interest rate, and if that stays low, the Fed is in a bind
PIMCO picks Ben Bernanke to lead its board
In addition to the former Fed chair, the bond fund giant has named ex-ECB head Jean-Claude Trichet as a board member
Ben Bernanke talks about big banks and baseball
The former Federal Reserve chief quips he would "absolutely" accept job of Major League Baseball commissioner if asked
Bernanke would have jailed Wall Street execs
Regarding the financial crisis, he says, what "went wrong or was illegal was done by some individual, not by an abstract firm"
Live
Trump lauds "very good meetings" as indirect U.S.-Iran talks resume
Vance says the U.S. has accomplished its "core mission" in Iran, as Steve Witkoff and Jared Kushner meet mediators in Qatar, but not Iranians.
U.S. helicopter goes down in Arabian Sea, crew member missing, Navy says
The helicopter, which was assigned to the USS George H.W. Bush, is not believed to have been taken down by hostile action, the Navy said.
Former CIA Director Brennan sues DOJ, Trump officials over criminal probes
Brennan is seeking a court order to force the preservation of records in the investigations targeting him. His attorneys say he's being "vindictively singled out for investigation."
More than 1,000 cases under review after Broadview Six misconduct revelations
More than 1,000 grand jury presentations are under review after charges were dismissed in the "Broadview Six" case due to grand jury abuses and prosecutorial misconduct, Chicago's top federal prosecutor said.
2 people climb to top of NYC's Empire State Building, appear to get engaged
Two people climbed to the top of the Empire State Building's transmission tower, unfurled a banner, and then apparently got engaged Wednesday afternoon.
This July 4th could be hottest ever in parts of U.S.
Extremely dangerous heat, coupled with humidity, could result in heat index readings of 100 to 115 degrees from the Midwest to the East Coast, forecasters said.
Trump takes first trip on Qatari-gifted Air Force One
President Trump is traveling Wednesday to North Dakota in what marks his first trip aboard the new Air Force One, which was gifted to the U.S. by the Qatari government last year.
Water safety tips as millions of Americans deal with intense heat wave
Ahead of the Fourth of July weekend, experts are warning about the dangers of rip currents and the importance of water safety.
New disease threats follow Trump administration's health program cuts
From screwworm to flesh-eating bacteria, mounting public health risks are emerging in the wake of deep cuts to federal health agencies and programs.
U.S.
More U.S.
Couples are spending 8.5% more on weddings this year. Here's why.
Tariffs, inflation and changing consumer habits are reshaping how much Americans spend to tie the knot.
What is the "buy, borrow, die" tax strategy Gavin Newsom wants to ban?
As a proposed billionaire tax in California moves forward, Gov. Newsom says other approaches are needed, including closing a tax loophole used by the ultra-rich.
Former CIA Director John Brennan sues DOJ, Trump officials over criminal probes
Brennan is seeking a court order to force the preservation of records in the investigations targeting him. His attorneys say he's being "vindictively singled out for investigation."
U.S. says it won't extend key trade deal with Canada and Mexico
The United States-Mexico-Canada Agreement will remain in effect until it expires in 2036, unless the countries strike another deal to extend it.
U.S. helicopter goes down in Arabian Sea, crew member missing, Navy says
The helicopter, which was assigned to the USS George H.W. Bush, is not believed to have been taken down by hostile action, the Navy said.
MoneyWatch
More MoneyWatch
Couples are spending 8.5% more on weddings this year. Here's why.
Tariffs, inflation and changing consumer habits are reshaping how much Americans spend to tie the knot.
What is the "buy, borrow, die" tax strategy Gavin Newsom wants to ban?
As a proposed billionaire tax in California moves forward, Gov. Newsom says other approaches are needed, including closing a tax loophole used by the ultra-rich.
U.S. says it won't extend key trade deal with Canada and Mexico
The United States-Mexico-Canada Agreement will remain in effect until it expires in 2036, unless the countries strike another deal to extend it.
Sony to stop making physical discs for PlayStation starting in 2028
After January 2028, new games will be available exclusively in digital format from the PlayStation Store and at retailers, Sony said.
Anthropic says Trump admin. lifted restrictions on powerful Claude AI models
Artificial intelligence giant Anthropic says the federal government lifted a set of restrictions on its powerful Claude Fable 5 and Mythos 5 models, resolving a weekslong dispute.
Politics
More Politics
One NYC neighborhood has dozens of adult daycares. Now the feds have questions.
Investigations are underway into possible fraudulent activity at some of these kinds of facilities across New York, CBS News has learned.
Former CIA Director John Brennan sues DOJ, Trump officials over criminal probes
Brennan is seeking a court order to force the preservation of records in the investigations targeting him. His attorneys say he's being "vindictively singled out for investigation."
More than 1,000 cases under review after Broadview Six misconduct revelations
More than 1,000 grand jury presentations are under review after charges were dismissed in the "Broadview Six" case due to grand jury abuses and prosecutorial misconduct, Chicago's top federal prosecutor said.
U.S. says it won't extend key trade deal with Canada and Mexico
The United States-Mexico-Canada Agreement will remain in effect until it expires in 2036, unless the countries strike another deal to extend it.
Justice Department sues Virginia, California over gun laws
Acting U.S. Attorney General Todd Blanche said "the Constitution is not a suggestion" and that "the Second Amendment is a sacred right belonging to all Americans."
HealthWatch
More HealthWatch
Actor Danny Glover reveals Alzheimer's diagnosis
Actor Danny Glover spoke about his Alzheimer's diagnosis in an interview with NBC's "Today" show, revealing that he has been living with the disease for several years.
Medicare to help pay for some GLP-1 drugs
Starting Wednesday, Medicare will help pay for some GLP-1 medications for weight loss. CBS News medical correspondent Dr. Celine Gounder explains what this means for patients.
New disease threats follow Trump administration's health program cuts
From screwworm to flesh-eating bacteria, mounting public health risks are emerging in the wake of deep cuts to federal health agencies and programs.
What is the viral trend looksmaxxing?
Looksmaxxing is a viral and controversial trend that encourages young men to maximize their appearance. Adam Yamaguchi shows why it's resonating with some people.
He dreamed of becoming a physician assistant. New loan rules may thwart him.
Starting July 1, the government will cap what graduate students may borrow in federal loans, forcing many toward private lenders with higher interest rates.
World
More World
U.S. helicopter goes down in Arabian Sea, crew member missing, Navy says
The helicopter, which was assigned to the USS George H.W. Bush, is not believed to have been taken down by hostile action, the Navy said.
Dog pulled from rubble 5 days after Venezuela quakes, video shows
Dramatic video showed the moment a rescue team pulled a small dog from the rubble nearly a week after twin earthquakes devastated Venezuela.
How Iran could try to control the Strait of Hormuz — and profit from it
Some experts say the Strait of Hormuz will not return to its pre-war state, so what could the future of this vital shipping lane look like?
Live
Trump lauds "very good meetings" as indirect U.S.-Iran talks resume
Vance says the U.S. has accomplished its "core mission" in Iran, as Steve Witkoff and Jared Kushner meet mediators in Qatar, but not Iranians.
At least 14 kids killed as Pakistan tutoring center's roof collapses
The roof of a private tutoring center in Lahore, Pakistan, collapsed, killing more than a dozen pupils and leaving at least eight more injured, authorities say.
Entertainment
More Entertainment
Entertainment
What we know about rumored Swift-Kelce wedding
Taylor Swift and Travis Kelce's wedding festivities are expected to begin Thursday, sources said. Crews have been spotted at Madison Square Garden in New York City unloading equipment ahead of the July Fourth weekend. Here's what we know so far.
Swift-Kelce wedding events taking shape
Taylor Swift and Travis Kelce's wedding events are set to begin in New York City, sources say. CBS News' Jo Ling Kent has the latest.
Sophia Bush, Jerry O'Connell on new comedy
Sophia Bush and Jerry O'Connell join CBS News 24/7 Mornings to discuss their new comedy, "Summer's Last Resort," which premieres on Tubi July 3.
Stars talk "Summer's Last Resort" comedy
Sophia Bush and Jerry O'Connell talk to "CBS Mornings" about starring in the coming-of-age comedy "Summer's Last Resort." Bush discusses what drew her to the project and says there was "never a dull day on set," while O'Connell reveals what his daughters thought about the film.
Actor Danny Glover reveals Alzheimer's diagnosis
Actor Danny Glover spoke about his Alzheimer's diagnosis in an interview with NBC's "Today" show, revealing that he has been living with the disease for several years.
Technology
More Technology
Technology
Why U.S. initially restricted Anthropic AI models
The Trump administration has lifted export restrictions on Anthropic's most advanced artificial intelligence models, Fable and Mythos, after weeks of negotiations over national security concerns. CNET Editor-in-Chief David Katzmaier joins to discuss.
White House lifted AI limits, Anthropic says
Tech giant Anthropic says that the federal government has now removed restrictions from its robust Claude Fable 5 and Mythos 5 models. Axios reporter Madison Mills has more on artificial intelligence regulation.
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.
Sony to stop making physical discs for PlayStation starting in 2028
After January 2028, new games will be available exclusively in digital format from the PlayStation Store and at retailers, Sony said.
Consumers need protection from AI agents, lawmaker says
Sen. Mark Warner wants to create a federal registry of trusted AI agents and ensure autonomous bots operate like fiduciaries.
Science
More Science
Science
NASA strives to save doomed telescope
NASA is in a race against time as the Swift Observatory telescope in orbit sinks closer to Earth. CBS News consultant William Harwood explains the $30 million salvage operation.
Fossil found in drawer turns out to be first dinosaur bone from Antarctica
Dinosaur fossils are rare to find in Antarctica because of the unforgiving ice caps. But millions of years ago, the region was populated by lush forests.
NASA prepares to launch rescue to save telescope from falling to Earth
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
Astronomers find 2 gigantic planets lighter than cotton candy
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Ancient Egyptian burial site reveals centuries of changing traditions
Human and animal remains unearthed in Egypt's Nile Delta reveal changing funerary practices over some 600 years, and the evolution of a key site itself.
Crime
More Crime
More than 1,000 cases under review after Broadview Six misconduct revelations
More than 1,000 grand jury presentations are under review after charges were dismissed in the "Broadview Six" case due to grand jury abuses and prosecutorial misconduct, Chicago's top federal prosecutor said.
Potential charges for Empire State Building climbers
Two people climbed to the top of the Empire State Building Wednesday and unfurled a banner before seemingly getting engaged. CBS News law enforcement contributor Rodney Harrison has more on what repercussions the couple could face.
Couple climbs Empire State Building: Details
Two people climbed to the top of the Empire State Building in New York City on Wednesday, unfurling a banner and appearing to get engaged. CBS News' Tom Hanson and Shanelle Kaul have more.
3 in custody after CBS News Chicago crew attacked near Adler Planetarium
During the incident, a reporter and photographer were approached by three men, one with a dog, before their news truck and gear were destroyed.
U.S. announces new bank alert targeting powerful drug cartel
Two men and nine companies are accused of being tied to a cartel-linked fuel theft ring intended to evade taxes while generating tens of millions of dollars annually.
Space
More Space
NASA astronauts operate on space station's broken robot arm
The orbital surgery on the International Space Station returned the Canadian-built robot arm to full health after its "wrist" joint failed last month.
NASA prepares to launch rescue to save telescope from falling to Earth
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
Astronomers find 2 gigantic planets lighter than cotton candy
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Telescope snaps most detailed photo yet of Milky Way's heart
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Interstellar comet may be oldest object ever seen in solar system
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
Latest Galleries
More Latest Galleries
Celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
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.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
6/27: CBS Weekend News
High winds and heat are fueling Utah's out-of-control wildfires; Iranian drones target Bahrain after U.S. strikes Iran.
Why U.S. initially restricted Anthropic AI models
The Trump administration has lifted export restrictions on Anthropic's most advanced artificial intelligence models, Fable and Mythos, after weeks of negotiations over national security concerns. CNET Editor-in-Chief David Katzmaier joins to discuss.
Trump responds to criticism of crypto earnings
President Trump responded to critics on Wednesday who say he's profiting off the presidency after a new financial disclosure showed he made over $1 billion on cryptocurrency ventures in 2025. Victor Reklaitis, Washington correspondent for MarketWatch, joins with analysis.
House lawmakers start July 4th recess early
House lawmakers began their July 4th recess early on Tuesday after some GOP members blocked Speaker Mike Johnson from merging the SAVE America Act with the annual defense policy bill, known as the National Defense Authorization Act. CBS News congressional correspondent Nikole Killion has more.
South Carolina woman shares her American story
For America's 250th anniversary, CBS News spoke to Karen Norris Newsome, a 74-year-old woman from Darlington County, South Carolina, about her childhood, her values and her quintessential Southern accent.