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.
Nepal flash flood death toll exceeds 700, with around 3,000 still missing
Poor weather and challenging terrain have hampered aerial rescue operations in Nepal and Tibet.
Ontario premier slams Trump's order: "It's Lake Ontario now and forever"
Amid an ongoing trade war between Canada and the United States, President Trump last week sought to rename Lake Ontario "Lake America" by executive order.
Milo Yiannopoulos deported after U.S. immigration arrest, officials say
Milo Yiannopoulos, who is British, was accused of overstaying his visa after entering the country legally in May 2019.
Live
Iran vows to resist U.S. sanctions as war passes 6-month mark
As the war passes the six-month mark, neither side showed any sign of backing down.
Trump cannot deport students for criticizing Israel, federal judge rules
The judge delivered a victory for Stanford University's student newspaper, which said some international students were afraid to speak out because of the deportation threat.
Iceland rejects EU membership talks in referendum vote
The country is already part of the European Economic Area and the Schengen Area, which allows frictionless movement of people, goods, capital and services.
Abdul El-Sayed apologizes for his comments about Michigan synagogue attack
Abdul El-Sayed, the Democratic nominee for U.S. Senate in Michigan, has apologized to the state's Jewish Democratic Caucus.
How drones are revolutionizing the search for lost pets
One Southern California city is using a $17,000 drone that utilizes lasers and thermal imaging to pinpoint animal heat signatures over large areas.
Missouri college football player dies after medical emergency during season opener
William Jewell running back MicahJo Barnett, a junior majoring in business administration, died Saturday, the school said.
U.S.
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A wife is accused of her husband's murder. Can she clear her name?
Alison Davis says she woke up to find her husband, Kevin Davis, face down in a pool of blood inside their New Haven, Indiana, home. She says he fell down the stairs. But after an autopsy report, police came to a different conclusion.
How drones are revolutionizing the search for lost pets
One Southern California city is using a $17,000 drone that utilizes lasers and thermal imaging to pinpoint animal heat signatures over large areas.
Missouri college football player dies after medical emergency during season opener
William Jewell running back MicahJo Barnett, a junior majoring in business administration, died Saturday, the school said.
Trump cannot deport students for criticizing Israel, federal judge rules
The judge delivered a victory for Stanford University's student newspaper, which said some international students were afraid to speak out because of the deportation threat.
Ontario premier slams Trump's order: "It's Lake Ontario now and forever"
Amid an ongoing trade war between Canada and the United States, President Trump last week sought to rename Lake Ontario "Lake America" by executive order.
MoneyWatch
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Trump says U.S. now has control of over 60 billion barrels of Venezuelan oil reserves
President Trump announced a deal to grant the U.S. control of more than 60 billion barrels of proven Venezuelan oil reserves.
Juul can sell updated e-cigarette with age-verification system, FDA says
Juul plans to market the new device under the brand name Juul2, along with updated versions of its tobacco- and menthol-flavored cartridges.
Court hands states a win in fight over who regulates prediction markets
Trading of sports event contracts on Kalshi constitutes gambling, appeals court rules in siding with Nevada officials.
See which jobs could grow fastest — and slowest — over the next decade
New federal labor figures forecast the fastest-growing U.S. job sectors over the next decade.
David Booth pioneered index investing. Here's his advice for investors.
David Booth, the founder of Dimensional Fund Advisors, says the key to investing — and life — is to stay calm in the face of uncertainty.
Politics
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Abdul El-Sayed apologizes for his comments about Michigan synagogue attack
Abdul El-Sayed, the Democratic nominee for U.S. Senate in Michigan, has apologized to the state's Jewish Democratic Caucus.
Trump cannot deport students for criticizing Israel, federal judge rules
The judge delivered a victory for Stanford University's student newspaper, which said some international students were afraid to speak out because of the deportation threat.
Milo Yiannopoulos deported after U.S. immigration arrest, officials say
Milo Yiannopoulos, who is British, was accused of overstaying his visa after entering the country legally in May 2019.
Judge throws out confession by alleged 9/11 mastermind Khalid Sheikh Mohammed
The ruling marks a blow to the federal government's long-delayed effort to prosecute Khalid Sheikh Mohammed, who is accused of developing the plot to crash planes into the Pentagon and World Trade Center.
Ex-White House teleprompter operator ordered to pay $172,000 for insider bets on Kalshi
He was placed on unpaid leave from his job at the White House after it was determined he used his position to make bets on what President Trump would say in speeches.
HealthWatch
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Man with sinus infection symptoms diagnosed with heart condition
Marc Gaudisosi thought his symptoms were caused by a sinus infection. Then an urgent care told him to go to the hospital.
Juul can sell updated e-cigarette with age-verification system, FDA says
Juul plans to market the new device under the brand name Juul2, along with updated versions of its tobacco- and menthol-flavored cartridges.
2 airport workers die of malaria from mosquito on plane in Germany
Caused by parasites spread via Anopheles mosquitoes, malaria can cause symptoms including nausea, headache and intense waves of fever and chills.
Cyclospora outbreak tied to 3 more states, FDA says
U.S. officials have confirmed cases of a parasitic illness tied to lettuce in three more states: Georgia, Tennessee and Texas.
FDA approves new pancreatic cancer drug that could extend patients' lives
Patients taking the first-of-a-kind pill, called daraxonrasib, lived for a median of 13.2 months compared with 6.7 months for chemotherapy recipients, studies showed.
World
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Iceland rejects EU membership talks in referendum vote
The country is already part of the European Economic Area and the Schengen Area, which allows frictionless movement of people, goods, capital and services.
At least 1 killed, 5 injured in shooting in Switzerland
Local police said early Sunday a manhunt was underway and the motives were still unclear.
Ontario premier slams Trump's order: "It's Lake Ontario now and forever"
Amid an ongoing trade war between Canada and the United States, President Trump last week sought to rename Lake Ontario "Lake America" by executive order.
Trump-shaped ecstasy pills are potentially lethal, Dutch institute says
Ecstasy pills shaped to look like President Trump contain a high concentration of the chemical PMMA, which could potentially be lethal, a Dutch institute said.
U.S. takes out refueling station for alleged drug-trafficking boats
The vessel, which was in international waters near Ecuador, was allegedly used as a floating refueling station for drug boats belonging to the Los Choneros organization.
Entertainment
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Entertainment
8/29: CBS Saturday Morning
Rescue efforts in Nepal, high inflation six months after the Iran war started, plus Dolly Parton's Imagination Library brings books to young readers.
History of Dolly Parton's Imagination Library
Dolly Parton's Imagination Library charity has brought books to thousands of small hands eager to read. Parents of children who were gifted books through the charity praise the late singer, emphasizing their gratefulness.
The most anticipated books of fall 2026
Amazon Books editorial director Sarah Gelman discusses some of the most hotly anticipated books of the fall.
Dolly Parton's gift of reading
Tonight, Nashville's Grand Ole Opry will remember Dolly Parton in a star-studded tribute. The beloved country singer was also celebrated for her humanitarian efforts, including her Imagination Library charity, which promoted literacy for young readers. The Dollywood Foundation president Jeff Conyers joined "CBS Saturday Morning" to speak on Dolly's generous soul.
Maggie Rose sings "Gentle Man"
Nashville based singer-songwriter and two-time Grammy nominee Maggie Rose is known for her genre-blending sound and extraordinary voice. Her new album "Half Moon" explores the thrill and uncertainty of new motherhood. Here's Maggie Rose with "Gentle Man."
Technology
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Technology
Latest on Meta's social media settlement
Tech giant Meta settled a series of multistate social media addiction lawsuits, agreeing to pay out up to $17 billion. In addition, Meta will roll out some changes to its portfolio of social media apps, including Instagram, Facebook and others.
Younger workers are more scared of AI than older employees, survey finds
Employee attitudes toward AI are closely tied to their age and generational concerns, according to Glassdoor.
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.
OpenAI, Anthropic warn AI cyberattacks could surge in coming months
Hospitals, technology firms and other companies could soon be at risk from AI-enabled cyberattacks, according to a new open letter from more than 100 signatories.
Bill Gates' dire warning about AI
Microsoft founder and computer pioneer Bill Gates changed the world forever with his technological innovation. Now, Gates is warning that the development of artificial intelligence without strong oversight and regulation could threaten society as we know it. MIT professor Max Tegmark shares his concerns.
Science
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Science
Vote on the fattest marmot now
Marmots, not bears, are the largest "true" hibernating mammal, UCLA marmot researchers Katie Adler and Emily Renkey say. The two share more fun facts about these cute creatures and explain how to vote for the fattest marmot.
NASA plans to launch new space telescope
NASA's new telescope could change the way we see space. With a wide-field camera that will reveal an area up to 200 times larger than the Hubble Space Telescope, and an orbit a million miles from Earth, the Nancy Grace Roman telescope is expected to find tens of thousands of unknown exoplanets.
Invasive Joro spiders are "slowly spreading." Here's what to do if you see one.
The Great Smoky Mountains National Park told visitors Tuesday that invasive Joro spiders "may be hanging in a web near you."
A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
Crime
More Crime
A wife is accused of her husband's murder. Can she clear her name?
Alison Davis says she woke up to find her husband, Kevin Davis, face down in a pool of blood inside their New Haven, Indiana, home. She says he fell down the stairs. But after an autopsy report, police came to a different conclusion.
Closing arguments expected Monday in Tupac trial
Attorneys finalized jury instructions with the judge Friday after witness testimony wrapped Thursday in the trial of Duane Davis, also known as "Keefe D," who's accused of orchestrating the drive-by shooting that killed Tupac Shakur in 1996. Davis has denied the allegations. CBS News' Katrina Kaufman has more.
Clancy jury still undecided after 9 hours
The jury in the trial of Lindsay Clancy, the woman accused of murdering her three young children, is still deliberating on whether to accept her postpartum psychosis defense. Shanelle Kaul reports and Caroline Polisi provides legal analysis.
Milo Yiannopoulos placed in ICE custody
British right-wing political commentator Milo Yiannopoulos, who supported President Trump's agenda, is being held by ICE for allegedly overstaying his visa. Nancy Cordes has the details.
Protesters and supporters at Clancy trial
Jurors went home for the weekend Friday with deliberations set to resume Monday morning in the trial of Lindsay Clancy. Clancy has admitted to killing her three young children, but is arguing she was suffering from postpartum psychosis. CBS News' Shanelle Kaul has more.
Space
More Space
Roman Space Telescope promises 300-megapixel views of the cosmos
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
First on CBS
Trump to honor Artemis II crew with nation's top space medal
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
NASA images show 60-foot-wide crater on moon after SpaceX rocket booster crash
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
New space object called "black hole star" discovered by astronomers
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
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.
Dolly Parton: An extraordinary life in pictures
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
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.
Photos show 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.
Latest CBS News Videos
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Latest CBS News Videos
A Death in the Stairwell
After her husband is found dying at the foot of the stairs, a woman accused of murder fights to clear her name. "48 Hours" correspondent Peter Van Sant reports.
California city finds missing dogs with drone
California is using a $17,000 drone to quickly track down and rescue lost pets by detecting animal heat. Carter Evans reports.
Storms loom over Utah as August wraps up
Park City, Utah, is facing storms and hail, with a funnel cloud spotted south of Salt Lake City. Andrew Kozak has the weather.
Napa farmers in crisis over low wine demand
Grape farmers in California's prized Napa Valley are struggling to make ends meet as the wine industry shrinks, leading to unsold grapes being left to rot in vineyards. Max Darrow has more.
Thousands missing in Nepal as deaths climb
Nepal's foreign minister Shisir Khanal blamed the catastrophic flooding that has killed at least 675 on rising temperatures and called for a global climate change crackdown on Saturday. Ramy Inocencio has the details.