Tillis suggests Warsh faces long Fed chair nomination process
GOP Sen. Thom Tillis of North Carolina says he won't support the confirmation of any Fed nominee until the Justice Dept.'s investigation into chairman Jerome Powell is resolved.
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GOP Sen. Thom Tillis of North Carolina says he won't support the confirmation of any Fed nominee until the Justice Dept.'s investigation into chairman Jerome Powell is resolved.
This week on "Face the Nation with Margaret Brennan," director of the U.S. Office of Management and Budget, Russell Vought, joins to discuss President Trump’s trip to a Federal Reserve facility with Fed Chair Jerome Powell ahead of his departure for Scotland. Meanwhile, The Ohio State University President Ted Carter joins to explain how he’s handling a new era of higher education amid the Trump administration’s push to assert control over private and public institutions across the U.S.
Details on the Justice Department investigation into Jerome Powell; Trump briefed on military options for Iran as protests continue, sources say.
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.
President Trump on Friday announced former Fed Gov. Kevin Warsh as his pick to replace Jerome Powell as Federal Reserve Chair. CBS News MoneyWatch correspondent Kelly O'Grady breaks down Warsh's experience.
Kevin Warsh, a former Fed governor, is in line to replace Fed Chair Jerome Powell in May. Here's what Wall Street wants to know.
Kevin Warsh is President Trump's pick to replace Jerome Powell as the chair of the Federal Reserve. CBS News' Weijia Jiang and Kelly O'Grady report.
In an interview with CBS News, Treasury Secretary Scott Bessent defended the DOJ investigation into Fed Chair Jerome Powell, saying, "I think that the message is that independence does not mean no accountability." He also addressed the new Trump Accounts, which are tax-deferred investment accounts created for every American child born between January 1, 2025 and December 31, 2028.
The Federal Reserve, as expected, left its benchmark interest rate unchanged on Wednesday. The decision to keep the rate at its current mark comes after the central bank ended 2025 with three consecutive rate cuts. CBS News business analyst Jill Schlesinger breaks down the decision.
U.S. Treasury Secretary Scott Bessent sits down with "CBS Saturday Morning" co-host Kelly O'Grady to discuss the Department of Justice's ongoing investigation into Federal Reserve Chair Jerome Powell, respond to critics of Trump Accounts and more.
The Federal Reserve held interest rates steady on Wednesday, marking its first pause after three consecutive cuts in 2025. CBS News coordinating producer Richard Escobedo has the latest.
Treasury Secretary Scott Bessent tells CBS News that Federal Reserve officials must be "beyond reproach" in communicating with the public.
The Federal Reserve announced Wednesday that interest rates would remain unchanged, holding steady in its current range of 3.5% to 3.75%. CBS News business analyst Jill Schlesinger has more.
The Federal Reserve is expected to make its first announcement of the year regarding interest rate cuts. Greg Robb, a senior reporter for MarketWatch, joins CBS News with more.
The Federal Reserve is meeting Tuesday to discuss its first interest rate decision of 2026 on Wednesday. Kristin Myers, ETF editor-in-chief for Asset TV, joins with more.
The Supreme Court seemed likely to let Lisa Cook keep her job on the Federal Reserve Board of Governors as they heard arguments in the case Wednesday. CBS News chief legal correspondent Jan Crawford has more.
The Supreme Court appears likely to allow Lisa Cook to keep her position on the Federal Reserve Board of Governors and reject President Trump's attempt to fire her for now. Arguments in the case were heard Wednesday. CBS News' Jo Ling Kent has more.
President Trump shared a warning for Iran, called Jerome Powell a "lousy Fed chairman" and defended the ICE agent who killed Renee Good in Minneapolis. Read the full transcript of their conversation.
President Trump brushed off a question about whether the Justice Department probe amounts to political retribution.
President Trump shared a warning for Iran, called Jerome Powell a "lousy Fed chairman," and defended the ICE agent who killed Renee Good in Minneapolis during an exclusive interview with "CBS Evening News" anchor Tony Dokoupil.
Global bank leaders signaled support for Federal Reserve Chair Jerome Powell amid the Trump administration's apparent criminal investigation into testimony he gave on building renovations. CBS News' Scott MacFarlane reports.
President Trump spoke to reporters about Federal Reserve Chair Jerome Powell amid an apparent Justice Department probe into building renovations. CBS News' Jake Rosen has more.
Massachusetts Democratic Sen. Elizabeth Warren blasted the Justice Department for its apparent investigation into Federal Reserve Chair Jerome Powell. CBS News' Taurean Small reports.
The Justice Department's criminal investigation into Federal Reserve chair Jerome Powell is drawing backlash from both Democrats and Republicans. At least half a dozen Republicans were critical when asked about the probe, which has to do with cost overruns to renovate the Fed's century-old headquarters.
The heads of 10 central banks and other financial institutions say it's "critical to preserve" the Fed's independence, as Powell is pressured by the Trump administration.
King Charles addressed Congress in a roughly 30-minute speech, speaking about the "truly unique" relationship between the U.K. and the U.S.
Former FBI Director James Comey is again facing federal charges after the government's previous case against him was dismissed.
Oil prices continue rising as the Trump administration unenthusiastically mulls an Iranian offer to reopen the Strait of Hormuz but delay nuclear talks.
The regulatory agency issued the order after President Trump and first lady Melania Trump urged ABC to fire late-night host Jimmy Kimmel.
Britain's ambassador, in February remarks reported by the Financial Times, also called the lack of fallout from the Jeffrey Epstein scandal in the U.S. "extraordinary."
Saying he felt the "weight of history" on his shoulders, King Charles became the first British monarch in 35 years to address Congress on Tuesday.
A federal appeals court rejected the Trump administration's policy of making immigrants subject to mandatory ICE detention without bond, including those who have lived in the U.S. for years.
A witness says the doors to the ballroom where the White House Correspondents' Dinner was held were "wide open" when a gunman rushed toward the event.
Florida's Republican Gov. Ron DeSantis has a proposed a new congressional map to net Republicans up to four more seats.
The regulatory agency issued the order after President Trump and first lady Melania Trump urged ABC to fire late-night host Jimmy Kimmel.
American Airlines is imposing new rules on portable chargers that passengers can bring on flights. Here's what to know.
A federal appeals court rejected the Trump administration's policy of making immigrants subject to mandatory ICE detention without bond, including those who have lived in the U.S. for years.
A U.S. soldier pleaded not guilty to charges that he used classified information about the mission to capture former Venezuelan leader Nicolás Maduro to win more than $400,000.
The impact of higher energy prices and fears about covering monthly bill is taking a toll on public sentiment, a new Gallup poll finds.
The regulatory agency issued the order after President Trump and first lady Melania Trump urged ABC to fire late-night host Jimmy Kimmel.
American Airlines is imposing new rules on portable chargers that passengers can bring on flights. Here's what to know.
The impact of higher energy prices and fears about covering monthly bill is taking a toll on public sentiment, a new Gallup poll finds.
The average cost of a gallon of gasoline hit $4.18 on Tuesday, up $1.20 since the conflict in the Middle East started on Feb. 28.
Swift has filed for three trademark applications, including one covering her voice speaking the phrase, "Hey, it's Taylor."
Saying he felt the "weight of history" on his shoulders, King Charles became the first British monarch in 35 years to address Congress on Tuesday.
The State Department is planning a limited-edition redesign of the American passport with new artwork that features a portrait of President Trump, according to a department official.
A federal appeals court rejected the Trump administration's policy of making immigrants subject to mandatory ICE detention without bond, including those who have lived in the U.S. for years.
A U.S. soldier pleaded not guilty to charges that he used classified information about the mission to capture former Venezuelan leader Nicolás Maduro to win more than $400,000.
Former FBI Director James Comey is again facing federal charges after the government's previous case against him was dismissed.
A new approach to suicide prevention shifts the focus from stopping harm in moments of crisis to upstream policies that give people reasons to live.
A $50 billion federal fund is supposed to modernize rural healthcare. But community clinics and advocates fear that the contractors administering the money for states will bite off a big chunk before it reaches patients.
Tim Fitzpatrick, a father of a chronically ill child, saw the story of a boy in need of a new kidney and felt compelled to help.
The former U.S. senator from Nebraska opened up about his terminal diagnosis, his family and the state of American politics in a "Things That Matter" town hall.
Drug-making giant Johnson & Johnson will officially start marketing four of its medications on the Trump administration's TrumpRx website on Friday, CBS News exclusively learned.
Saying he felt the "weight of history" on his shoulders, King Charles became the first British monarch in 35 years to address Congress on Tuesday.
Britain's ambassador, in February remarks reported by the Financial Times, also called the lack of fallout from the Jeffrey Epstein scandal in the U.S. "extraordinary."
The unidentified ship is believed to have been built in the late 1500s, which would make it older than Sweden's iconic 17th century warship "Vasa."
Anant Ambani, the son of tycoon Mukesh Ambani, said he formally requested the Colombian government to stay a decision to kill the animals.
No one has been arrested and "officers are keeping an open mind about the motive behind the attack," police said.
"Tracker" star Justin Hartley reveals how he feels about the upcoming finale of the third season of the show. He also discusses his wife making appearances in the series and the best advice he's received in the industry.
President Trump and first lady Melania Trump are demanding that late-night host Jimmy Kimmel be fired over remarks he made before the White House Correspondents' Dinner. Nancy Cordes reports.
First lady Melania Trump said that jokes Jimmy Kimmel made on his show days before the White House Correspondents' Dinner were "hateful and violent rhetoric."
Eve Plumb starred as middle child Jan Brady on the classic sitcom "The Brady Bunch." While reflecting on her career, she told "CBS Mornings" the beloved show "put me where I am today." Plumb also addressed "The Brady Bunch" not being an instant hit and why one of her iconic lines bothered her, which she discusses in her new memoir.
Hosted by Jane Pauley. Featured: America's adversarial relationship with Cuba; singer-songwriter Kacey Musgraves; Rep. Jim Clyburn; reviving a Welsh soccer town; tree lovers; artist Jenny Saville; and rescuing Venus fly traps.
Jury selection began Monday in the legal battle between tech leaders Elon Musk and Sam Altman. CBS News senior business and technology correspondent Jo Ling Kent has the latest.
A CBS News analysis found that Georgia Power, the largest energy provider in the state, imposed six rate hikes in the last three years.
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.
This week, Maine's governor vetoed a bill that would have made the state the first to ban the construction of new data centers. Shanelle Kaul reports.
The ChatGPT account of the shooter, who killed eight people in a small British Columbia community, had been banned about eight months prior to the massacre.
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
The carnivorous Venus fly trap is native to the Carolinas, but its population is dwindling due to loss of habitat. Correspondent Seth Doane talks with botanist Julie Moore, who has spent much of her life helping to save these remarkable plants; and with Damon Waitt, director of the North Carolina Botanical Garden, who discusses the unusual traits of a species that Charles Darwin called the most interesting plant in the world.
On April 24, 1990, NASA launched the Hubble Space Telescope from the Space Shuttle Discovery after seven years of delays. Watch CBS News' coverage from that day.
A U.S. soldier pleaded not guilty to charges that he used classified information about the mission to capture former Venezuelan leader Nicolás Maduro to win more than $400,000.
Federal agents exercised search warrants at about 20 daycare centers for suspected fraud Tuesday morning, multiple officials confirmed to CBS News.
Federal prosecutors charged 34 defendants across two indictments, alleging sports betting and mafia-linked rigged poker games.
Instances of political violence in the U.S. are on the rise. Kevin Boyle, a professor at Northwestern University, joins CBS News with more.
Federal agents executed search warrants at about 20 childcare centers in Minneapolis over allegations of fraud, officials told CBS News on Tuesday. Nicole Sganga has the latest.
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
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.
King Charles III addressed a joint meeting of Congress on Tuesday during his state visit to mark America's 250th anniversary. Watch the monarch's remarks in full, followed by CBS News analysis.
The Federal Communications Commission is calling for an early review of Disney's broadcast license. An FCC official tells CBS News the order is related to the agency's investigation into Disney's diversity, equity and inclusion practices, but it also comes amid a feud between the White House and ABC's Jimmy Kimmel. CBS News' Kelly O'Grady has more.
Former FBI Director James Comey was indicted by President Trump's Justice Department for a second time, multiple sources tell CBS News. Lindsey Reiser anchors CBS News' coverage.
Federal agents exercised search warrants at about 20 daycare centers for suspected fraud Tuesday morning, multiple officials confirmed to CBS News.
Sean M. Curran, director of the Secret Service, defended his agency's response to Saturday's shooting at the White House Correspondents' Dinner on Tuesday. CBS News' Nikole Killion and Sam Vinograd have the latest on the attack.