Yellen says China trip "has been successful" in forging relationships
Yellen believes her visit to Beijing created "opportunity for a deeper set of more frequent contacts," she said on "Face the Nation" Sunday.
Janet Yellen
Transcript: Treasury Secretary Janet Yellen on "Face the Nation," July 9, 2023
The following is a transcript of an interview with Treasury Secretary Janet Yellen that aired on "Face the Nation" on July 9, 2023.
Janet Yellen talks trade in China
CBS News foreign correspondent Ramy Inocencio has the latest world financial news, including expectations for Treasury Secretary Janet Yellen's meetings with Chinese officials and a spike in Americans visiting Europe.
Yellen's economic warning to China
U.S. Treasury Secretary Janet Yellen is calling on China to end what she calls "unfair economic practices" during a trip to Beijing, where she's having high-stakes meetings with senior Chinese officials. CBS News senior foreign correspondent Elizabeth Palmer is in the Chinese capital with more.
Yellen tells China U.S. "troubled by punitive actions" against business
Janet Yellen, in Beijing to meet Chinese officials and American businesses, stressed the U.S. desire to trade, but not at the expense of security.
Janet Yellen arrives in China
U.S. Treasury Secretary Janet Yellen arrived in China earlier Thursday morning. During her trip, she will meet with Chinese senior officials as well as U.S. firms doing business in the country. Her trip is part of an effort to relieve strained economic relations between the two world powers. CBS News senior foreign correspondent Elizabeth Palmer is following it all from Beijing.
Yellen lands in Beijing for high-stakes meetings
Treasury Secretary Janet Yellen is the second top-ranking Biden administration official to visit China in recent weeks.
Yellen arrives in China
U.S. Treasury Secretary Janet Yellen is in Beijing in an effort to revive relations between the U.S. and China. Yellen's trip is scheduled until July 9. Elizabeth Palmer reports.
U.S. to limit China's access to cloud services
The Biden administration is moving to restrict Chinese companies from accessing U.S. cloud-computing services ahead of Treasury Secretary Janet Yellen's trip to Beijing. Earlier this week, China imposed restrictions on the exports of two minerals used in advanced chip manufacturing. Robert Ross, non-resident fellow at the Quincy Institute, joins CBS News to discuss what the U.S. stands to gain from Yellen's visit.
Janet Yellen traveling to China
Treasury Secretary Janet Yellen is traveling to China in an attempt to ease tensions on a range of economic and security issues. CBS News reporter Sarah Ewall-Wice has more.
How Yellen's China trip may impact U.S. ties
Treasury Secretary Janet Yellen will visit China on Thursday as part of an ongoing push from the U.S. to try and stabilize relations with Beijing. Yellen will meet with senior Chinese officials and leaders of U.S. companies operating in China. CBS News reporter Sarah Ewall-Wice joins to discuss the main priorities of Secretary Yellen's visit.
Treasury Secretary Janet Yellen to go to China
Janet Yellen's trip comes on the heels of Secretary of State Antony Blinken's trip to China in June.
Debt ceiling deal's next steps — House sends bill to Senate
The House passed the bill to raise the debt ceiling Wednesday. Now, the Senate will take it up.
3/12: Face The Nation
This week on "Face the Nation with Margaret Brennan," an exclusive interview with Treasury Secretary Janet Yellen, plus Democratic Rep. Ro Khanna and House Foreign Affairs committee chair Republican Rep. Michael McCaul.
Estimated debt limit deadline moved to June 5
Treasury Secretary Janet Yellen announced Friday that the estimated deadline that the government could begin to default on its debts has been pushed back from June 1 to June 5, giving negotiators an extra four days to reach a deal on raising the nation's debt ceiling. House Speaker Kevin McCarthy has expressed optimism that it will get done in time. CBS News congressional correspondent Scott MacFarlane has the latest.
Estimated debt ceiling deadline pushed back
With the White House and Republican congressional leaders still negotiating a deal to raise the nation's debt ceiling, U.S. Treasury Secretary Janet Yellen provided some positive news Friday, when she pushed back the estimated deadline that the government could begin to default on its debts from June 1 to June 5. Scott MacFarlane has the latest.
Still no deal on debt limit
President Biden and congressional leaders met again Tuesday, but still have not reached a deal on raising the debt limit. Treasury Secretary Janet Yellen warns the U.S. may not be able to pay its bills as early as June 1. Ed O'Keefe reports.
Yellen sticks to June 1 as possible U.S. default date
Secretary Janet Yellen told Congress Monday that the Treasury Department has already seen borrowing costs "increase substantially" for securities maturing in early June.
Debt ceiling talks continuing between staffs
President Biden and congressional leaders postponed a meeting scheduled for Friday on the debt ceiling, but talks were ongoing between White House staff and aides to the lawmakers. CBS News reporter Sarah Ewall-Wice joined Anne-Marie Green to discuss the latest in the discussions.
What happens to Social Security if the U.S. breaches the debt ceiling?
Millions of Social Security recipients "need to be very careful" about spending because payments could be delayed, one expert said.
New economic data signals easing inflation
Economic data released Thursday shows that U.S. wholesale price increases decelerated in April and unemployment claims increased in the week ending May 6. Meanwhile, Treasury Secretary Janet Yellen warns that if the U.S. defaults on its debt, it could threaten the global economy. Jeanna Smialek, a Federal Reserve and economy reporter at the New York Times, joins CBS News to discuss.
Yellen: U.S. default would be a "catastrophe"
The treasury secretary also told G-7 finance ministers and central bank chiefs meeting in Japan that a first-ever U.S. default on its debts is "unthinkable."
Lawsuit filed against Yellen, calling debt limit law unconstitutional
A union representing federal employees is calling the law governing the debt limit unconstitutional in a new lawsuit.
McHenry on debt ceiling negotiations
Treasury Secretary Janet Yellen said last week that the U.S. could default on its debt obligations as soon as June 1. House Financial Services Committee chair Rep. Patrick McHenry says Republicans have no "red lines" in negotiations, "other than that we have to address our fiscal house at a time when federal spending is up more than 40% from pre-COVID levels."
Why the U.S. debt ceiling is unique
As Congress and the White House face down a deadline to raise the debt ceiling, the U.S. moves closer to a possible default. CBS News' Errol Barnett has a look at why the U.S. handles its debt differently than any other nation.
Live
At least 4 U.S. troops dead as Iran lashes out at America's Gulf allies
Day 3 of the U.S.-Israeli war on Iran sees America's military death toll rise to four, and skies full of missiles as Persian Gulf allies take hits.
Trump doesn't rule out use of ground troops in Iran war
President Trump refused to rule out the use of ground troops in Iran in a new interview on Monday, saying he wouldn't hesitate to deploy them "if they were necessary."
Pete Hegseth says Iran military mission will not be "endless"
The Pentagon announced Monday that a fourth American service member has been killed in Operation Epic Fury.
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.
4 U.S. service members killed in Iranian strike in Kuwait, Pentagon says
The first U.S. casualties of the war with Iran occurred among American personnel based in Kuwait.
3 U.S. F-15s mistakenly shot down by Kuwait but all crew safe
Three American fighter jets were "mistakenly shot down by Kuwaiti air defenses," CENTCOM said in a statement Monday, as the war with Iran continued for a third day.
Melania Trump presiding over U.N. Security Council meeting
The White House announced first lady Melania Trump would preside over the meeting last week before the U.S. and Israel launched a joint military mission in Iran.
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).
U.S.
More U.S.
Trump doesn't rule out use of ground troops in Iran war
President Trump refused to rule out the use of ground troops in Iran in a new interview on Monday, saying he wouldn't hesitate to deploy them "if they were necessary."
Woman and dog killed, 3 others stabbed in road rage incident on D.C. beltway
Virginia State Police were called to Interstate 495 southbound near exit 52 in Annandale, Virginia, around 1:20 p.m. on Sunday for a reported road rage incident.
Stocks fall, oil prices rise as U.S. war in Iran rattles investors
Stock markets in the U.S. dropped amid concerns that the U.S.-Israel attacks on Iran could drive up energy costs.
Pete Hegseth says Iran military mission will not be "endless"
The Pentagon announced Monday that a fourth American service member has been killed in Operation Epic Fury.
3 U.S. F-15s mistakenly shot down by Kuwait but all crew safe
Three American fighter jets were "mistakenly shot down by Kuwaiti air defenses," CENTCOM said in a statement Monday, as the war with Iran continued for a third day.
MoneyWatch
More MoneyWatch
Stocks fall, oil prices rise as U.S. war in Iran rattles investors
Stock markets in the U.S. dropped amid concerns that the U.S.-Israel attacks on Iran could drive up energy costs.
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.
Politics
More Politics
Trump doesn't rule out use of ground troops in Iran war
President Trump refused to rule out the use of ground troops in Iran in a new interview on Monday, saying he wouldn't hesitate to deploy them "if they were necessary."
Melania Trump presiding over U.N. Security Council meeting
The White House announced first lady Melania Trump would preside over the meeting last week before the U.S. and Israel launched a joint military mission in Iran.
Pete Hegseth says Iran military mission will not be "endless"
The Pentagon announced Monday that a fourth American service member has been killed in Operation Epic Fury.
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.
HealthWatch
More HealthWatch
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
More World
Trump doesn't rule out use of ground troops in Iran war
President Trump refused to rule out the use of ground troops in Iran in a new interview on Monday, saying he wouldn't hesitate to deploy them "if they were necessary."
Melania Trump presiding over U.N. Security Council meeting
The White House announced first lady Melania Trump would preside over the meeting last week before the U.S. and Israel launched a joint military mission in Iran.
Pete Hegseth says Iran military mission will not be "endless"
The Pentagon announced Monday that a fourth American service member has been killed in Operation Epic Fury.
El Nino could return this year and make Earth even hotter
The weather phenomenon known as El Nino could form later this year, potentially pushing global temperatures to record heights, researchers say.
3 U.S. F-15s mistakenly shot down by Kuwait but all crew safe
Three American fighter jets were "mistakenly shot down by Kuwaiti air defenses," CENTCOM said in a statement Monday, as the war with Iran continued for a third day.
Entertainment
More Entertainment
Entertainment
Christa Miller on "Shrinking"
Actor Christa Miller speaks about starring in "Shrinking," how her life experiences helped to inspire the series and what it's like to work with her husband, who is a co-creator of the show.
Brad Falchuk discusses "Famous Last Words"
Brad Falchuck, the host and executive producer of "Famous Last Words," speaks about the series and his meaningful conversation with actor Eric Dane, who died last month from ALS. In the show, Falchuck sits down with public figures for an in-depth conversation, but the interviews only air after the subject dies.
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."
Technology
More Technology
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
More Science
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
More Crime
Crime
What we know on the Austin bar shooting
More details about the apparent suspect involved in a deadly shooting at an Austin, Texas, bar may indicate a potential link to the recent U.S.-Israeli strikes on Iran. CBS News' Jason Allen reports.
Woman and dog killed, 3 others stabbed in road rage incident on D.C. beltway
Virginia State Police were called to Interstate 495 southbound near exit 52 in Annandale, Virginia, around 1:20 p.m. on Sunday for a reported road rage incident.
Austin bar shooting being linked to terrorism
New details are emerging about the apparent suspect who police say killed two people and wounded 14 at a bar in Austin, Texas, over the weekend. CBS News' Jason Allen reports.
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.
Space
More Space
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
More Latest Galleries
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
More Latest CBS News Videos
Latest CBS News Videos
Pentagon on Iran war
Secretary of Defense Pete Hegseth and Chairman of the Joint Chiefs of Staff Gen. Dan Caine briefed the press at the Pentagon on Monday on the U.S.-Israeli war in Iran and shared more details about Operation Epic Fury.
Political strategists react to Iran war
The U.S.-Israeli war on Iran has entered Day 3 as the midterm elections season gets underway. This comes as new polling data depicts how Americans feel about conflict overseas and as the U.S. military death toll climbs in the Middle East. Rina Shah and Joel Payne join CBS News with more.
Man credits art teacher for shaping his life
In his new weekly podcast, CBS News contributor David Begnaud speaks with well-known people about the person who believed in them before they were famous. This week, he took that same question to everyday Americans and found a 60-year-old man who credits his middle school art teacher for believing in him and leading to a lifelong friendship.
Christa Miller on "Shrinking"
Actor Christa Miller speaks about starring in "Shrinking," how her life experiences helped to inspire the series and what it's like to work with her husband, who is a co-creator of the show.
Texas primary elections heat up
The U.S. midterm elections season is set to begin with the Texas primary. CBS News' Ed O'Keefe reports.