Why did Trump pick Kevin Warsh for Fed chair?
President Trump announced that he has nominated Kevin Warsh to be the next Federal Reserve chair. CBS News White House reporter Olivia Rinaldi has more.
Federal Reserve Board
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.
Trump nominates Kevin Warsh as next Federal Reserve Board chair
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.
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.
Supreme Court allows Lisa Cook to remain on Federal Reserve Board for now
A federal district ruled in September that President Trump's attempt to fire Lisa Cook from the Federal Reserve Board of Governors was likely illegal.
Trump admin. asks appeals court to allow firing of Lisa Cook before Fed meeting
The Trump administration wants an appeals court to lift a ruling that blocked President Trump from firing Federal Reserve Governor Lisa Cook before an interest rate meeting next week.
Judge rules Lisa Cook can remain Fed governor for now as Trump tries to fire her
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 is crumbling
Americans' confidence in finding a new job fell to the lowest measure on record, new government survey shows.
Trump's attempted firing of Cook unresolved
A judge on Friday heard arguments over President Trump's attempted firing of Federal Reserve Governor Lisa Cook. CBS News Department of Justice correspondent Scott MacFarlane has the details.
Judge grapples with Trump's attempt to remove Lisa Cook as Fed governor
President Trump announced earlier this week that he would be removing Lisa Cook as a member of the Federal Reserve Board of Governors.
Trump's "unprecedented" firing of Fed Governor Lisa Cook raises untested questions
Fed Governor Lisa Cook filed a lawsuit challenging what her suit said is President Trump's "unprecedented and illegal attempt to remove" her.
Legal battle over Fed governor firing
President Trump met with Cabinet members for three hours Tuesday in front of cameras and reporters. He spoke about his decision to try to fire Fed Governor Lisa Cook, who's now fighting back in court. CBS News' Ed O'Keefe reports.
Trump's move to fire Lisa Cook could give him leverage over Fed board
Removing a top Fed official threatens to shake investor confidence in the central bank's long-standing independence, according to Wall Street observers.
Trump moves to fire Fed's Lisa Cook as she vows to sue
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.
Trump clashes with Fed board member Lisa Cook
A standoff is brewing between President Trump and economist Lisa Cook. Mr. Trump tried to fire her, claiming "there is sufficient cause" to believe that Cook made false statements on one or more mortgage agreements. Cook fired back that "President Trump has no authority to remove her" from the independent Federal Reserve and vowed to file suit. Nancy Cordes reports.
Lisa Cook to Trump: "I will not resign"
An epic legal fight is brewing between President Trump and the Federal Reserve after he moved to fire board governor Lisa Cook. CBS News White House reporter Aaron Navarro has the latest. Then, Abha Bhattarai, economics correspondent for The Washington Post, and Tom Dupree, former deputy assistant attorney general, join with analysis.
Trump says he's fired Fed Governor
President Trump announced the removal of Federal Reserve Governor Lisa Cook, the only Black woman to serve on the board. Critics call it an attack on the Fed's independence, while Cook says no legal cause exists for her firing.
Stock futures tilt up ahead of Fed chief Jerome Powell's Jackson Hole speech
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.
Federal Reserve governor to step down from role early
Adriana Kugler will resign from her role as a Federal Reserve governor — opening up a vacancy on the board as President Trump pressures the Fed to slash interest rates.
Powell disagrees with Trump about cost of changes to Fed construction
President Trump visited the Federal Reserve's headquarters in Washington, keeping up the intense pressure he's been putting on Fed chair Jerome Powell.
What does the Federal Reserve do, and why is Trump unhappy with chair Powell?
President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, after years of on-and-off criticism over interest rates.
Hiring surged in June, shrugging off economic worries
Employers across the U.S. added 147,000 jobs in June, while the unemployment rate fell to 4.1%.
The Fed is making a rate decision today. Here's what to expect.
The Federal Reserve Board will announce its next rate decision today, June 18, at 2 p.m. EST.
Interest rate cuts impact stock prices
The Federal Reserve Board's announcement to cut interest rates has made stocks surge for now and mortgage rates slightly drop. CBS News senior business and technology correspondent Jo Ling Kent looks at the data.
Consumers saying "enough's enough" is helping to tame inflation
The great inflation spike of the past three years is nearly spent - and economists credit American consumers themselves for helping to slay it.
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Trump says Iran operation could take "four weeks or less," 3 U.S. troops killed
The U.S. military says three troops have been killed in the war with Iran, as President Trump says the operation is proceeding "ahead of schedule." Follow live updates.
Texas gunman wore "Property of Allah" hoodie during attack, sources say
The man who killed two and wounded 14 also had photos of Iranian leaders in his home, a source said.
3 U.S. service members killed in military operation against Iran, CENTCOM says
U.S. Central Command said Sunday that three American service members were killed and five others were seriously wounded as part of the military operation in Iran.
Iranian Prince Pahlavi says "this is our chance" after Khamenei's death
Prince Reza Pahlavi, a leader of the opposition to the Islamic Republic, discusses whether regime change is coming, who leads a transition, and nuclear weapons.
Trump says operations will "continue until all of our objectives are achieved"
"Sadly, there will likely be more before it ends. That's the way it is. Likely be more," President Trump said after mentioning the three U.S. service members killed in the operation.
CIA intelligence led to strike that killed Khamenei in Iran, source says
The CIA had tracked Khamenei's location for several months before the strike that killed him, a person familiar with the matter tells CBS News.
Trump signals willingness to talk to new Iranian leadership as strikes continue
President Trump said Sunday that he is willing to speak with the new leadership in Iran following the death of Supreme Leader Ayatollah Ali Khamenei.
Map shows U.S.-Israel military strike locations across Iran
A map created by the CBS News data team shows the strike locations across Iran, including the capital and the site of a major nuclear facility.
Exclusive
AI executive Dario Amodei on the red lines Anthropic would not cross
The CEO of Anthropic says his company refused to allow its technology to be used by the Trump Administration without certain guidelines (such as not using its AI to power fully-autonomous weapons without any human involvement).
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Trump says operations will "continue until all of our objectives are achieved"
"Sadly, there will likely be more before it ends. That's the way it is. Likely be more," President Trump said after mentioning the three U.S. service members killed in the operation.
Lawmakers stress new urgency around war powers votes after Iran strikes
Efforts in Congress to block President Trump from using further military force against Iran without support from lawmakers have intensified after the U.S. and Israel launched a massive military operation.
Trump signals willingness to talk to new Iranian leadership as strikes continue
President Trump said Sunday that he is willing to speak with the new leadership in Iran following the death of Supreme Leader Ayatollah Ali Khamenei.
Wife of Rep. Jim Baird dies following complications from car crash injuries
Danise Baird, the wife of Indiana Rep. Jim Baird, has died following complications from her car crash injuries with her husband in January.
Full transcript of "Face the Nation with Margaret Brennan," March 1, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Sens. Tom Cotton and Chris Murphy join Margaret Brennan.
MoneyWatch
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Oil prices rise sharply in market trading after attacks disrupt supply
Oil prices rose sharply when market trading began late Sunday over concerns that the supply from Iran and elsewhere in the Middle East would slow or grind to a halt.
Exclusive
Anthropic CEO says he's sticking to AI "red lines" despite clash with Pentagon
After the Trump administration cut it off, Anthropic CEO Dario Amodei told CBS News in an exclusive interview Friday night he wants to work with the military — but only if it addresses the firm's concerns.
Hegseth declares Anthropic a "supply chain risk to national security"
Defense Secretary Pete Hegseth deemed artificial intelligence firm Anthropic a supply chain risk on Friday, following days of increasingly heated public conflict with the AI company.
Robots, already in hospitals, are ready to roll in other industries
In the years to come, robots will help offset worker shortages in health care, manufacturing and other industries, experts say.
Book excerpt: "Streetwise" by Lloyd Blankfein
In his new memoir, the former CEO of Goldman Sachs writes about a life that stretched from the projects of New York City to the pinnacle of Wall Street.
Politics
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Trump says operations will "continue until all of our objectives are achieved"
"Sadly, there will likely be more before it ends. That's the way it is. Likely be more," President Trump said after mentioning the three U.S. service members killed in the operation.
Lawmakers stress new urgency around war powers votes after Iran strikes
Efforts in Congress to block President Trump from using further military force against Iran without support from lawmakers have intensified after the U.S. and Israel launched a massive military operation.
Trump signals willingness to talk to new Iranian leadership as strikes continue
President Trump said Sunday that he is willing to speak with the new leadership in Iran following the death of Supreme Leader Ayatollah Ali Khamenei.
Wife of Rep. Jim Baird dies following complications from car crash injuries
Danise Baird, the wife of Indiana Rep. Jim Baird, has died following complications from her car crash injuries with her husband in January.
Full transcript of "Face the Nation with Margaret Brennan," March 1, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Sens. Tom Cotton and Chris Murphy join Margaret Brennan.
HealthWatch
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Chocolate supplement recalled over erectile dysfunction drug
USALESS.COM is recalling its Rhino Choco VIP 10X product due to the undeclared presence of Tadalafil, which is the active ingredient in Cialis.
College student's mystery illness diagnosed as Stage IV cancer
Emma Operacz was diagnosed with a rare cancer at 21. An unusual treatment and bone marrow donation from her sister saved her life.
Medicaid is paying for more dental care. GOP cuts threaten to reverse the trend.
More than three dozen states cover dental services for people on Medicaid, but with about $900 billion in cuts expected to hit states over the next decade, many programs could roll back dental coverage.
Health premiums threaten their nest egg. A terminal diagnosis may spare it.
Chaz and Jean Franklin were facing a sevenfold increase in their health premium payments with the expiration of enhanced federal subsidies for Affordable Care Act plans. Then Jean received a crushing diagnosis.
Could "kidulting" be the way to take the work out of your workout?
A British gym chain is offering classes in "kidulting," luring adults into fitness with classes built around playground and PE class classics.
World
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Oil prices rise sharply in market trading after attacks disrupt supply
Oil prices rose sharply when market trading began late Sunday over concerns that the supply from Iran and elsewhere in the Middle East would slow or grind to a halt.
Trump says operations will "continue until all of our objectives are achieved"
"Sadly, there will likely be more before it ends. That's the way it is. Likely be more," President Trump said after mentioning the three U.S. service members killed in the operation.
Trump signals willingness to talk to new Iranian leadership as strikes continue
President Trump said Sunday that he is willing to speak with the new leadership in Iran following the death of Supreme Leader Ayatollah Ali Khamenei.
Transcript: Karim Sadjadpour and Ret. Gen. Frank McKenzie on "Face the Nation with Margaret Brennan," March 1, 2026
The following is the transcript of the interview with Karim Sadjadpour from the Carnegie Endownment for international peace and former CENTCOM commander and CBS News contributor Ret. Gen. Frank McKenzie that aired on "Face the Nation with Margaret Brennan" on March 1, 2026.
CIA intelligence led to strike that killed Khamenei in Iran, source says
The CIA had tracked Khamenei's location for several months before the strike that killed him, a person familiar with the matter tells CBS News.
Entertainment
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USA hockey stars joke about "Heated Rivalry" and Trump invite on "SNL"
Hillary Knight, Megan Keller and Jack and Quinn Hughes made a surprise appearance during "Heated Rivalry" star Connor Storrie's opening monologue on "SNL."
Extended interview: Marc Shaiman
In this web exclusive, composer Marc Shaiman, a Tony Award-winner for "Hairspray," and a seven-time Oscar nominee, talks with Tracy Smith about his career; his new memoir, "Never Mind the Happy: Showbiz Stories From a Sore Winner"; and his collaboration and friendship with Rob Reiner.
Broadway, Hollywood composer Marc Shaiman on being a "sore winner"
A Tony Award-winner for "Hairspray," and a seven-time Oscar nominee, Marc Shaiman has written about his nearly 50 years in show business in a new memoir, "Never Mind the Happy: Showbiz Stories From a Sore Winner."
Broadway and Hollywood composer Marc Shaiman
A Tony Award-winner for "Hairspray," and a seven-time Oscar nominee, Marc Shaiman has written about his nearly 50 years in show business in a new memoir, "Never Mind the Happy: Showbiz Stories From a Sore Winner." Shaiman talks with Tracy Smith about collaborating with Billy Crystal on parody songs for the Oscars; composing scores for Rob Reiner's films; and why he says, beginning as a piano prodigy at age 16, "there was no stopping me."
Neil Sedaka: An appreciation
David Pogue looks back at the career of the singer-songwriter whose Top 10 hits included such classics as "Oh, Carol," "Calendar Girl," "Breaking Up Is Hard To Do," and "Laughter in the Rain."
Technology
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Exclusive
AI executive Dario Amodei on the red lines Anthropic would not cross
The CEO of Anthropic says his company refused to allow its technology to be used by the Trump Administration without certain guidelines (such as not using its AI to power fully-autonomous weapons without any human involvement).
AI company Anthropic's Dario Amodei: "We are patriots"
Dario Amodei, co-founder and CEO of the artificial intelligence company Anthropic, says his company refused to allow its AI product, Claude, to be used by the Trump Administration without certain guidelines (such as not using its AI to power fully-autonomous weapons without any human involvement). That prompted President Trump to announce Friday that he is banning Anthropic's technology from all federal use, while Secretary of Defense Pete Hegseth labeled the company "a supply chain risk to national security." Amodei talks with correspondent Jo Ling Kent about why he calls the administration's actions "retaliatory and punitive."
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.
Exclusive
Anthropic CEO says he's sticking to AI "red lines" despite clash with Pentagon
After the Trump administration cut it off, Anthropic CEO Dario Amodei told CBS News in an exclusive interview Friday night he wants to work with the military — but only if it addresses the firm's concerns.
Anthropic CEO on "punitive" Pentagon action
In an exclusive interview with CBS News, Anthropic CEO Dario Amodei said that the Pentagon's decision to designate the AI company a supply chain risk is "retaliatory and punitive." The Pentagon made the designation, which restricts military contractors from doing business with Anthropic, after the company refused to give the military unfettered access to its AI model.
Science
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NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
What scientists will be looking for when government UFO files are released
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
In a first, shark seen on camera in Antarctica waters, surprising researchers
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
How Washington's crossing of the Delaware presaged a changing world
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
These United States: George Washington and climate change
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in an unanticipated crossing of a near-frozen Delaware River. Environmental correspondent David Schechter looks at how Washington's watershed military maneuver dramatized both a changing America, and a changing climate.
Crime
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Crime
Austin bar shooting may have been terror attack
The FBI is investigating a shooting that killed two people at an Austin, Texas, bar as a possible terror attack. Jason Allen reports.
2 dead, 14 hurt in Texas bar shooting
At least two people were killed and 14 were injured in a mass shooting outside an Austin, Texas, bar, authorities said Sunday. There were indicators on the suspect and in his vehicle that suggest a "potential nexus to terrorism," but it's too early to determine the motivation, FBI Acting Special Agent Alex Doran said during a briefing Sunday. CBS News' Anna Schecter has the latest.
Texas gunman wore "Property of Allah" hoodie during attack, sources say
The man who killed two and wounded 14 also had photos of Iranian leaders in his home, a source said.
Body of notorious cartel boss "El Mencho" returned to family
Mexico's attorney general's office said it performed genetic tests to match the cartel leader's remains to the family.
Actor Shia LaBeouf arrested again on battery charge in New Orleans
Shia LaBeouf, who was charged with battery after police say he punched several people outside a New Orleans bar earlier this month, was arrested again on Saturday.
Space
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Space
Why NASA is overhauling Artemis program
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
How NASA plans to get astronauts on the moon
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Safety concerns over NASA's Artemis program
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
NASA rolls Artemis II back for repairs
NASA is rolling back the Artemis II moon rocket from its launch pad at the Kennedy Space Center in Florida. It is expected to take up to 12 hours to move the 322-foot rocket, with the journey spanning four miles back to its hangar for repairs. CBS News space consultant Bill Harwood has more.
Latest Galleries
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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.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
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
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Latest CBS News Videos
Extended interview: James Talarico
Texas State Rep. James Talarico speaks with CBS News' Ed O'Keefe about his affordability platform, his primary opponent U.S. Rep. Jasmine Crockett and more.
Setting sail on iceboats in Wisconsin
CBS News' Noel Brennan hits a frozen lake in Wisconsin to go ice sailing.
Americans stranded in the Middle East
Airstrikes have stranded thousands of Americans who were traveling to or through the Middle East. Shanelle Kaul reports.
Who takes over in Iran with Khamenei dead?
Iran's Supreme Leader Ayatollah Ali Khamenei was killed along with about 40 other senior members of the Islamic Republic regime in the U.S.-Israeli strikes on Saturday. Matt Gutman has more on the succession plan.
Trump releases new statement on Iran
President Trump released a new statement on Iran Sunday, saying, "Combat operations continue at this time in full force, and they will continue until all of our objectives are achieved." Willie James Inman reports.