Biden issues first veto, rejecting GOP-led bill to reverse investing rule
The resolution would have nixed a Labor Department rule over how retirement plan managers pick investments.
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The resolution would have nixed a Labor Department rule over how retirement plan managers pick investments.
"If protecting national security is the objective, divestment doesn't solve the problem," a TikTok spokesperson told CBS News in a statement.
The Pentagon released dramatic video it says shows the mid-air confrontation between Russian fighter jets and an American surveillance drone near Ukraine. CBS News anchors Lana Zak and Elaine Quijano spoke with CBS News senior White House correspondent Weijia Jiang about how the Biden administration is responding to the encounter.
As the Biden administration's concern over the influence of Russia and China in Africa grows, Secretary of State Antony Blinken is visiting Niger and Ethiopia to reiterate America's commitment. CBS News foreign correspondent Debora Patta explains how significant the trip is.
Sen. Marco Rubio said the U.S. should not be cowed and should continue to send aircraft into the region.
Former FDIC chair Sheila Bair joins John Dickerson on "Prime Time" to discuss the recent failure of Silicon Valley Bank and whether Americans need to be concerned about broader instability in the banking system.
The planned regulation would establish legally enforceable levels for six PFAS known to occur in drinking water.
Stocks of U.S. regional banks are still reeling following the failures of Signature Bank and Silicon Valley Bank. Keith Noreika, executive vice president of Patomak Global Partners and former acting Comptroller of the Currency, joins CBS News' John Dickerson to discuss.
Shares of regional bank stocks are on the rise after plunging on Monday. Mark Hamrick, senior economic analyst at Bankrate, joins CBS News to discuss public concerns over the U.S. banking system.
The Biden administration has approved the controversial Willow oil project to allow drilling in a nearly untouched part of Alaska. It is a reversal from candidate Biden's stance back in 2020 when he said "no more drilling on federal lands, period." The approval of the project has angered environmentalists and progressives in his own party who say it flouts the Democratic president's pledges. Ed O'Keefe reports from Los Angeles.
President Biden reassured Americans that the U.S. banking system is secure Monday following the collapse of Silicon Valley Bank and Signature Bank. CBS News chief White House correspondent Nancy Cordes joins "Red and Blue" to discuss the administration's response.
Officials are stepping in after Silicon Valley Bank and Signature Bank failed last week to make sure deposits are safe for investors. Fast Company contributor James Surowiecki joins "CBS News Mornings" to discuss what went wrong and how the government is responding.
The administration is expected to unveil the new restrictions amid controversy over a proposed drilling project in Alaska.
Bharat Ramamurti, deputy director for the National Economic Council, joins "Red and Blue" from the White House to discuss President Biden's budget proposal and how they believe it will help Americans. He also addresses criticisms from House Republicans.
President Biden announced his 2024 fiscal year budget proposal at a union hall in Philadelphia today. CBS News chief White House correspondent Nancy Cordes joins Jim Axelrod and Nikki Battiste to discuss his budget priorities and more.
The White House said it supports the legislation, the first time it has formally endorsed a plan that could lead to a ban on TikTok.
The project has bipartisan support but has been criticized by locals and environmental groups.
Proposal would increase Medicare tax on high earners to 5%, which president says will provide 25 years of solvency.
The Supreme Court's conservative justices questioned whether Congress should have the final say on President Biden's plan to cancel up to $20,000 in student loan debt for Americans. The high court heard oral arguments in a pair of disputes over the program. Chief justice correspondent Jan Crawford reports from the Supreme Court.
The new framework, led by the Office of the National Cyber Director, calls out China, Russia, Iran and North Korea for aggressive cyber tactics.
The Biden administration is adding new conditions to how companies will receive funding through the historic CHIPS act. It is part of President Biden's efforts to change the way major corporations conduct business. Mitch Landrieu, White House infrastructure coordinator, joined CBS News to discuss the administration's latest efforts.
U.S. lawmakers are proposing a bill that would ban TikTok nationwide, citing concerns over national security. CBS News congressional correspondent Nikole Killion joined CBS News to discuss.
Congress banned the popular app from federal government devices in December.
Mike Pierce, the executive director of the Student Borrower Protection Center, joins CBS News' Lilia Luciano and Lana Zak to discuss the importance of President Biden's student loan forgiveness plan, as the Supreme Court hears arguments on the policy.
The Biden administration is fighting back against criticism over its response to the toxic train derailment in Ohio. CBS News senior White House and political correspondent Ed O'Keefe joins Tony Dokoupil and Lilia Luciano with more.