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Jerome Powell said a potential U.S. digital dollar is being evaluated by the Federal Reserve, and it would require careful consideration before being introduced. When asked if the rise of cryptocurrencies was a motivation, he said they are not "concerning at this point."
With COVID-19 wreaking havoc on the U.S. economy a year ago, Jerome Powell and his advisors at the Fed considered the possibility of a Great Depression scenario.
The complete text of Scott Pelley's interview with the Federal Reserve chairman.
In a conversation with Scott Pelley about the economic outlook, Powell also commented on the fallout from the Archegos Capital collapse, last year's bailout of money market funds, and the potential development of a U.S. digital dollar.
Federal Reserve Chairman Jerome Powell gives his thoughts on how the economy is rebounding from the COVID-19 pandemic. Scott Pelley reports.
The Federal Reserve raises short-term interest rates, California unveils a proposal to regulate self-driving cars and more. CBS News MoneyWatch's Jill Wagner has today's CBSN business headlines.
A milestone was reached Wednesday in the recovery from the Great Recession -- the Federal Reserve raised a key interest rate a quarter of a percent. It was the first raise since 2006. Anthony Mason has more.
For the first time since 2006, the Federal Reserve has raised interest rates by a quarter of a percent. Absolute Capital Return's Senior Editor Hilary Kramer and Belpointe Asset Management's chief strategist David Nelson broke down what this would mean for the market and for lenders.
Global financial markets are bracing for the first Federal Reserve rate hike in nearly a decade. The Fed is expected to lift short-term interest rates to a range of between 0.25 and 0.5 percent. The central bank projects a series of increases over the next three years to over three percent in 2018. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to discuss its impact on the economy.
The Federal Reserve is expected to raise interest rates by a quarter point, the first rate raise in more than nine years. CBS News business analyst Jill Schlesinger has details.
Powell spoke with Scott Pelley Wednesday for a report airing tonight on 60 Minutes.
Powell spoke with Scott Pelley Wednesday for a report airing tonight on 60 Minutes.
Investors await a meeting of the Federal Reserve, gas prices drop, a rare disease threatens the world's banana crop and more. CBS News Moneywatch's Jill Wagner has today's CBSN business headlines.
Powell called global vaccination efforts "not only the right thing to do, it's also the smart thing to do."
CBS News MoneyWatch's Jill Wagner has the top business news from the New York Stock Exchange, including Walmart's hiring spree, the Fed's interest rate decision, and the Obama administration's new trade regulations.
Stocks plunged as investors wait to see if the Federal Reserve will raise interest rates later this month. Also, Toyota is joining forces with Stanford University and MIT to try to phase out human drivers. Hena Daniels reports on the day's top MoneyWatch headlines.
The Dow saw its worst week since 2011 amid worries about China, cheap oil and slowing U.S. economic growth.
CBS News' Jill Wagner has today's CBSN business headlines: The Federal Reserve will raise interest rates, Netflix adds subscribers, Obama pushes for high-speed Internet in low-income areas and more.
Outstanding student loans topped $1.2 trillion as of the end of 2014. According to the Federal Reserve Bank of New York, they now represent the fastest-growing category of all consumer debt. How did we get here? Jill Schlesinger reports.
The Federal Reserve looks set to end the massive bond purchases it has used to shore up the U.S. economy since the 2008 financial crisis. CBS MoneyWatch contributor Anthony Mirhaydari analyzes what impact withdrawing that stimulus could have on investors and the broader economy.
After yeats of being produced in China, Lincoln Logs are moving their manufacturing back to the United States. Plus, the Federal Reserve plans to keep interest rates at current levels. Jill Wagner reports on the day's top MoneyWatch headlines.
Investors should expect a bumpy ride amid signs that the Federal Reserve may have to alter its time-table for starting to raise interest rates, says CBS MoneyWatch contributor Anthony Mirhaydari.
Signs of inflation and an improving labor market are expected to hasten when the Federal Reserve starts raising interest rates, explains CBS MoneyWatch contributor Anthony Mirhaydari.
In a policy meeting yesterday, Federal Reserve Chair Janet Yellen said the unemployment rate would drop to 6 percent, which prompted a rally in the markets. Also, Amazon unveils its new smartphone; Jill Wagner reports on the day's top financial stories.
Federal Reserve Chair Janet Yellen will discuss the state of America's economy later today, as GM is grilled by Congress about sweeping vehicle recalls. Jill Wagner has the top financial stories.
Top diplomats from Saudi Arabia, Turkey, and Egypt are meeting in Pakistan on Sunday to push for an end to the Iran war.
A former Reagan airport air traffic controller is speaking out about years of ignored warnings preceding the 2025 deadly midair collision that killed 67 people, saying "it worked until it didn't."
The unprecedented move amounted to an indefinite suspension of all asylum requests filed outside of immigration court, regardless of the applicant's nationality.
Congress has yet to approve funding for the Department of Homeland Security, which has been shut down for over 40 days.
Iran is launching deadly drone strikes on U.S. forces and allies in the Middle East. The same weapons have been used for years in Ukraine, where drones have transformed warfare.
The Latin Patriarchate of Jerusalem said it was "the first time in centuries" that heads of the church were unable to celebrate Palm Sunday Mass at the sacred site.
Democratic Rep. Jim Himes accused President Trump of lying about U.S. negotiations with Iran on "Face the Nation with Margaret Brennan."
The test was in line with Kim Jong Un's goals of targeting the U.S., but some experts speculate the claim may be exaggerated.
The countdown to launch of the Artemis II crew's flight around the moon begins Monday at the Kennedy Space Center in Florida.
After being down by as many as 19 on Sunday, Braylon Mullins retrieved a loose ball near midcourt in the waning seconds against Duke and hit a three-pointer from 35 feet away to take the lead.
The unprecedented move amounted to an indefinite suspension of all asylum requests filed outside of immigration court, regardless of the applicant's nationality.
The countdown to launch of the Artemis II crew's flight around the moon begins Monday at the Kennedy Space Center in Florida.
"As long as the Americans seek Iran's surrender, our response is clear: Far be it from us to accept humiliation," Mohammad Bagher Ghalibaf, Iran's parliament speaker, said Sunday.
Jerome Adams, who served as surgeon general in President Trump's first term, said that "similar to cigarettes," the government needs to point out that social media platforms "are incredibly addictive."
Bank of America has reached a $72.5 million settlement in a lawsuit that alleges the financial giant helped facilitate the sex trafficking operation of convicted sex offender Jeffrey Epstein.
More than 7 million student loan borrowers who've been enrolled in a Biden-era repayment plan will receive notices with instructions to seek a new plan to repay their debt.
The Department of Homeland Security said TSA agents should begin receiving pay as early as Monday, March 30.
About 1 in 4 Americans are using AI chatbots to prepare their tax returns, but experts warn the tools can produce outdated or inaccurate guidance.
As the war with Iran continues, CBS News is tracking gas and oil prices. Find out how much more it costs to fill up your tank or heat your house.
The unprecedented move amounted to an indefinite suspension of all asylum requests filed outside of immigration court, regardless of the applicant's nationality.
Jerome Adams, who served as surgeon general in President Trump's first term, said that "similar to cigarettes," the government needs to point out that social media platforms "are incredibly addictive."
Congress has yet to approve funding for the Department of Homeland Security, which has been shut down for over 40 days.
On this "Face the Nation with Margaret Brennan" broadcast, Border Czar Tom Homan and former U.S. Surgeon General Jerome Adams join Margaret Brennan.
Kentucky Sen. Rand Paul addresses President Trump's decision to launch strikes against Iran, the new Department of Homeland Security secretary and the 2028 election.
David Lyon is one of the rising number of young adults to be diagnosed with colorectal cancer.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
Dr. Jay Bhattacharya, head of the National Institutes of Health and interim leader of the Centers for Disease Control and Prevention, told staff a permanent CDC director could be nominated soon. "I know that it has been such a difficult year," he said.
Federal health officials posted a warning about misleading statements by biotech billionaire Dr. Patrick Soon-Shiong about his company's bladder cancer drug Anktiva.
Doctors fear that skepticism, fueled by anti-science sentiment and mistrust, is extending beyond vaccines to other proven, routine care.
"As long as the Americans seek Iran's surrender, our response is clear: Far be it from us to accept humiliation," Mohammad Bagher Ghalibaf, Iran's parliament speaker, said Sunday.
The following is the transcript of the interview with Tom Homan, Trump administration border czar, that aired on "Face the Nation with Margaret Brennan" on March 29, 2026.
The following is the transcript of the interview with Jerome Adams, surgeon general in the first Trump administration, that aired on "Face the Nation with Margaret Brennan" on March 29, 2026.
The following is the transcript of the interview with Rep. Jim Himes, Democrat of Connecticut, that aired on "Face the Nation with Margaret Brennan" on March 29, 2026.
The following is the transcript of the interview with Iran policy analyst Karim Sadjadpour and former CENTCOM commander and CBS News contributor and retired Gen. Frank McKenzie that aired on "Face the Nation with Margaret Brennan" on March 29, 2026.
Michael Jordan reflects on his life after basketball, his move into NASCAR, and the pressure that still comes with his competitive drive and fame.
Olivia Munn tells Tracy Smith about how she turned a symptomless Stage 1 breast cancer diagnosis into a mission to help other women.
Olivia Munn is busier than ever, starring in the new series "Your Friends and Neighbors," raising two kids and juggling a packed career. But as Tracy Smith reports in our Sunday Profile, an unexpected diagnosis reshaped her life in ways she never imagined.
Hosted by Jane Pauley. Featured: The story of Elizabeth Tsurkov's 903-day captivity in Iraq; Olivia Munn's breast cancer journey; Michael Jordan's drive to change NASCAR; the reinvention of "Cats" on Broadway; and New York's botanical superhero.
Tony Award-winner Brandon Uranowitz sits down with "CBS Saturday Morning" to discuss his journey to landing his latest role in "Ragtime" at Lincoln Center.
Many have dreamed of a future with flying cars, eliminating traffic on the morning commute. One company is trying to make that dream a reality. Itay Hod reports.
A judge has temporarily blocked the Pentagon's attempt to designate Anthropic as a supply chain risk. CBS News legal contributor Jessica Levinson joins with analysis.
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.
A mother and daughter in Kentucky have turned down a $26 million offer for their land. The offer came from an unnamed tech company wanting to build a data center. CBS News' Jared Ochacher spoke with the family.
As AI use rises, many see it decreasing the number of jobs available.
Arctic sea ice levels are crucial to Earth's climate because, without the ice reflecting sunlight, more heat energy goes into the oceans.
Marine biologists found detectable levels of caffeine, cocaine and the over-the-counter painkillers in the blood of 28 sharks.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
The staff at a Florida sea turtle hospital is monitoring some animals they've rehabilitated from space -- especially amputees, such as one they named Amelie, who's back at sea.
The seed reveals that people in France have been cultivating the popular variety of grape since at least the 1400s, scientists say.
A couple is attacked as they slept. They later team up with law enforcement and get their assailant to confess to more crimes. "48 Hours" correspondent Tracy Smith reports.
After their kidnapping case drew national attention because they were accused of making it up, Denise Huskins Quinn and Aaron Quinn worked with law enforcement to help uncover additional crimes committed by their attacker – helping to bring justice to other victims and reclaiming their own story.
The incident occurred in the middle of the night, while the office was closed. No employees were injured, according to the bank.
Tiger Woods was released from the Martin County jail in Florida following his DUI arrest after a rollover crash on Friday.
The Colombian navy said it also seized thousands of gallons of smuggled fuel, preventing "the strengthening of illicit economies."
The Artemis II crew is in quarantine ahead of a launch scheduled for Wednesday. If all goes well, the crew will fly around the far side of the moon, going farther from Earth than any human in history. Mark Strassmann reports.
The countdown to launch of the Artemis II crew's flight around the moon begins Monday at the Kennedy Space Center in Florida.
The 322-foot rocket set to launch Artemis II stood ready on the pad at the Kennedy Space Center on Saturday. It will be the first crewed moonshot in over a half-century. Mark Strassmann is there.
A global team of Air Force rescuers is on standby, ready to come to the aid of the Artemis II crew after their space launch.
While final preparations are underway for the Artemis II launch, "CBS Saturday Morning" takes a peek behind-the-scenes at the plans being made for if the crew needs to be rescued.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Many have dreamed of a future with flying cars, eliminating traffic on the morning commute. One company is trying to make that dream a reality. Itay Hod reports.
From Ukraine to the Middle East, drone technology has drastically changed how wars are fought. Haley Ott has more.
While NASA is prepared for Wednesday's launch, the weather could have other plans. Andrew Kozak has the forecast.
The Artemis II crew is in quarantine ahead of a launch scheduled for Wednesday. If all goes well, the crew will fly around the far side of the moon, going farther from Earth than any human in history. Mark Strassmann reports.
This week, TSA officers are expected to see their first paycheck in 44 days. Still, long lines persist at many airports across the U.S. Jason Allen reports.