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
U.S. carries out 10th night of strikes on Iran after 3 U.S. troops killed
At least 3 U.S. service members were killed over the weekend in Iraq and Jordan, where back-to-back Iranian attacks on a U.S. base seem to have evaded defenses.
Trump to impose 50% tariffs on Canadian hockey sticks, alcohol, other goods
President Trump is imposing 50% tariffs on a range of Canadian goods, from hockey equipment to alcoholic beverages, escalating the trade dispute between the two countries.
Tropical Storm Bertha forms, threatening Gulf Coast. See forecast path.
Tropical Storm Bertha is the second named storm of the Atlantic hurricane season.
Exclusive
Nearly 100 U.S. service members injured in Iranian strikes this month
Almost 100 American service members have been injured in strikes on bases in the Middle East this month, most of whom have returned to duty, U.S. officials said.
Suspect arrested after fireworks explosion outside NYC federal building
A man was arrested after law enforcement officials said he ignited fireworks, poured flammable liquid and started a fire at 26 Federal Plaza in Lower Manhattan.
FDA still probing Taylor Farms lettuce despite false positive test
The FDA said that as of Sunday, it had not found any "confirmed positive sample results for product testing" in the cyclosporiasis outbreak.
NYT moves to quash subpoenas for phone records of reporters and family members
The New York Times moved to quash subpoenas that sought phone records of the reporters and their relatives, including the spouses of two reporters and one reporter's mother.
Spain fans rejoice in World Cup win, but some say Trump photo-bombed team
As Spain's World Cup champs took to the stage with their trophy, President Trump joined them in their moment of glory.
First on CBS
Trump to keep using old Air Force One while new plane gets security upgrades
The new Air Force One "has a lot of capability, but as I understand it, in about a month or so, they're going to send it to have it be maxed out," President Trump said Sunday.
U.S.
More U.S.
Video appears to show United employee threaten to call ICE on customer
A United Airlines employee appears to have been caught on video threatening to call U.S. Immigration and Customs Enforcement on a passenger last week at San Francisco International Airport.
Tropical Storm Bertha forms, threatening Gulf Coast. See forecast path.
Tropical Storm Bertha is the second named storm of the Atlantic hurricane season.
NYT moves to quash subpoenas for phone records of reporters and family members
The New York Times moved to quash subpoenas that sought phone records of the reporters and their relatives, including the spouses of two reporters and one reporter's mother.
Trump to impose 50% tariffs on Canadian hockey sticks, alcohol, other goods
President Trump is imposing 50% tariffs on a range of Canadian goods, from hockey equipment to alcoholic beverages, escalating the trade dispute between the two countries.
What to know about Taylor Farms amid the cyclospora outbreak
The nation's largest recent cyclospora outbreak has put one of America's biggest produce suppliers under renewed scrutiny.
MoneyWatch
More MoneyWatch
Trump to impose 50% tariffs on Canadian hockey sticks, alcohol, other goods
President Trump is imposing 50% tariffs on a range of Canadian goods, from hockey equipment to alcoholic beverages, escalating the trade dispute between the two countries.
What to know about Taylor Farms amid the cyclospora outbreak
The nation's largest recent cyclospora outbreak has put one of America's biggest produce suppliers under renewed scrutiny.
Judge temporarily halts Paramount-Warner Bros. Discovery merger
The ruling comes after a coalition of 12 states sued to block the deal, arguing it would harm consumers and the entertainment industry.
How 401(k) fees can cost tens of thousands in retirement savings
About four in 10 workers aren't even aware they pay fees on their 401(k)s, research has found. Here's what to know.
The U.S. labor market may soon face a new crisis: Too few workers
A severe labor shortage is set to emerge over the next decade amid a wave of baby boomer retirements and a shrinking younger workforce.
Politics
More Politics
NYT moves to quash subpoenas for phone records of reporters and family members
The New York Times moved to quash subpoenas that sought phone records of the reporters and their relatives, including the spouses of two reporters and one reporter's mother.
Trump to impose 50% tariffs on Canadian hockey sticks, alcohol, other goods
President Trump is imposing 50% tariffs on a range of Canadian goods, from hockey equipment to alcoholic beverages, escalating the trade dispute between the two countries.
Exclusive
Nearly 100 U.S. service members injured in Iranian strikes this month
Almost 100 American service members have been injured in strikes on bases in the Middle East this month, U.S. officials said.
Darline Graham, Lindsey Graham's sister, says she'll run for full Senate term
Sen. Darline Graham, who is serving out the remainder of the late Sen. Lindsey Graham's term in the Senate, said she will seek a full term for the South Carolina seat her brother held for more than two decades.
First on CBS
Trump to keep using old Air Force One while new plane gets security upgrades
The new Air Force One "has a lot of capability, but as I understand it, in about a month or so, they're going to send it to have it be maxed out," President Trump said Sunday.
HealthWatch
More HealthWatch
HealthWatch
FDA says it's still investigating Taylor Farms
The FDA says Taylor Farms lettuce is still the focus of their ongoing cyclospora investigation, despite a false positive test announced Sunday. Carter Evans reports.
Severely ill prisoners granted early release are left stuck behind bars
Prisoners with severe medical conditions can be granted compassionate release, but without a long-term care facility willing to accept them, many continue to wait in prison as their conditions worsen.
FDA still probing Taylor Farms lettuce despite false positive test
The FDA said that as of Sunday, it had not found any "confirmed positive sample results for product testing" in the cyclosporiasis outbreak.
Judge Ronald Gould on persevering despite his MS
Ronald Gould is a federal judge on the Ninth Circuit Court of Appeals in Seattle, one rung below the U.S. Supreme Court. At 79, he shoulders a full caseload despite living with progressive multiple sclerosis. He talks with CBS News chief medical correspondent Dr. Jon LaPook about working with MS, a condition he faces with grit and a healthy dose of humor. LaPook also talks with one of Gould's former law clerks, Karla Gilbride, an attorney who has been blind since birth.
Ted Danson with 4 tips on aging creatively
Studies show that having a positive outlook about aging, and having good social networks, can have positive health benefits, from preventing memory loss to a longer life expectancy. Actor Ted Danson presents "Sunday Morning" viewers with advice on how to embrace aging.
World
More World
Trump to impose 50% tariffs on Canadian hockey sticks, alcohol, other goods
President Trump is imposing 50% tariffs on a range of Canadian goods, from hockey equipment to alcoholic beverages, escalating the trade dispute between the two countries.
Exclusive
Nearly 100 U.S. service members injured in Iranian strikes this month
Almost 100 American service members have been injured in strikes on bases in the Middle East this month, U.S. officials said.
Video of Moroccan man dying while pinned down by police sparks anger in Italy
The death of a Moroccan man as he was detained by Italian police in Bologna has sparked anger and a formal investigation.
Tate brothers detained as they face new charges, possible U.K. extradition
Influencer brothers Andrew and Tristan Tate will fight extradition to the U.K., where they face rape and sex trafficking charges.
Spain fans rejoice in World Cup win, but some say Trump photo-bombed team
As Spain's World Cup champs took to the stage with their trophy, President Trump joined them in their moment of glory.
Entertainment
More Entertainment
Judge temporarily halts Paramount-Warner Bros. Discovery merger
The ruling comes after a coalition of 12 states sued to block the deal, arguing it would harm consumers and the entertainment industry.
Judge pauses in Paramount-WBD merger
A judge has granted a temporary restraining order to temporarily block the Paramount Skydance-Warner Bros. Discovery merger from happening. CBS News' Jake Rosen reports. Paramount Skydance is the parent company of CBS News.
Christopher Nolan describes challenges of creating "The Odyssey"
"The Odyssey," which was shot in six countries, pulled in more than $260 million worldwide over the weekend.
Christopher Nolan talks "The Odyssey"
Oscar-winning director Christopher Nolan talks about his latest movie, "The Odyssey," which was shot in six countries. He tells "CBS Mornings" about what it was like working with the star-studded cast and challenges faced when creating the film.
"The Odyssey" wins big at the box office
"The Odyssey" raked in more than $264 million worldwide over the weekend. A majority of ticket buyers cited director Christopher Nolan as their primary reason for seeing the movie, according to PostTrack, a film industry research service. Adriana Diaz reports.
Technology
More Technology
Technology
Exclusive discounts from CBS Mornings Deals
On this edition of CBS Mornings Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
Can you spot an AI image? Quiz shows how difficult it has become.
An AI expert said the telltale signs people once relied on, such as distorted fingers, unnatural eyes, or other obvious visual flaws, have largely disappeared as technology has improved.
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.
Erin Brockovich on data center regulation
New York is now the first state to temporarily ban data center construction, paving the way for others to follow suit. Environmental advocate Erin Brockovich joins "The Takeout" to discuss.
Mayor to homeowner losing sleep over data center plant: "Consider selling"
Noise from a Mississippi plant powering Elon Musk's xAI data centers in the area is causing migraines, ringing ears and sleepless nights, residents say.
Science
More Science
Science
Wildfire smoke continues to shroud U.S.
Millions of people are enduring dangerous air quality as Canadian wildfire smoke shrouds the skies. Jonathan Overpeck, dean of the School for Environment and Sustainability at the University of Michigan, explains how climate change is worsening wildfires.
How AI data centers impact the environment
New York has become the first state to impose a temporary moratorium on data center development while state lawmakers lay the groundwork to assess environmental and social impacts. Dr. Mike Weinstein, the director of sustainability at Southern New Hampshire University, explains what we know about the wider environmental impact data centers.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomer's name deciphered from ancient Mayan ruins for first time
The name "White-chested Fox" was found in drawings dating from 400 BC to 900 AD at the San Bartolo-Xultun archaeological site.
Disclosure Foundation head on new UFO files
The Pentagon on Friday released a new batch of UFO files, spanning 19 videos and more. Jordan Flowers, executive director of the Disclosure Foundation, joins CBS News to discuss.
Crime
More Crime
Crime
Tate brothers fight UK extradition
Brothers Andrew and Tristan Tate appeared in court in Miami on Monday as they fight an extradition request from the UK over new sex crime-related charges. Cristian Benavides reports from Miami.
What to know about the Tate brothers
Andrew and Tristan Tate appeared before a judge in Miami on Monday as British prosecutors seek extradition of the pair to face dozens of sex-related charges. Cristian Benavides has more.
Details on suspect in NYC explosion
U.S. Army veteran Andrew Arrabaca, 43, is in custody Monday after allegedly setting off fireworks and igniting a fire outside a federal building in New York City on Monday. Tom Hanson reports.
New details on Manhattan explosion suspect
The FBI has identified the suspect in Monday morning's explosion outside a federal building in New York City as a 43-year-old U.S. Army veteran. CBS News' Anna Schecter has the latest.
Watch: Officials give update on NYC explosion
Law enforcement officials shared new details about the suspect in Monday morning's explosion outside a federal building in New York City. The suspect was described as an "anti-government extremist" who was carrying anti-ICE literature. Following the news conference, CBS News' Anna Schecter provided context.
Space
More Space
Meteorite that hit home contains "alien world chemistry," experts say
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomers discover sugar in space that's also found in raspberries
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Telescope spots most distant quasars ever discovered
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
Mission launched to rescue a falling space telescope
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
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.
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.
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.
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?
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
World Cup champs greeted as heroes in Spain
The celebration in Spain continued Monday as World Cup champions La Roja returned home to a heroes' welcome. Nicole Valdes has one last look at the 2026 tournament.
AAA: U.S. gas back up to $4 a gallon average
As fighting with Iran ramps up, a gallon of regular gas is once again $4 on average, up 13 cents in one week, according to AAA. Severin Borenstein, professor at UC Berkeley's Haas School of Business, joins with analysis.
Troy Jackson set to be Maine Senate nominee
Former state senator Troy Jackson, who calls himself a "pickup progressive," is set to become Maine's Democratic Senate nominee. He'll replace Graham Platner, who left the race following accusations of sexual assault. Fin Gómez reports.
New round of strikes targeting Iran underway
A 10th straight night of U.S. strikes on Iran is underway as President Trump vows Tehran will pay for the deaths of three American soldiers over the weekend. CBS News senior national security correspondent Charlie D'Agata reports. Then, global affairs analyst Jonathan Wachtel joins to discuss the state of the war.
How the UK had 6 prime ministers in 7 years
Andy Burnham became the UK's new prime minister on Monday, calling for a national "reset" as many Britons struggle with poverty and an elevated cost of living. CBS News' senior foreign correspondent Imtiaz Tyab reports from London and Lindsey Reiser looks at the timeline of recent British prime ministers.