Trump asked GOP lawmakers if he should fire Fed Chair Jerome Powell
President Trump has lashed out against Federal Reserve Chair Jerome Powell for weeks.
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President Trump has lashed out against Federal Reserve Chair Jerome Powell for weeks.
President Trump has relentlessly criticized Fed Chair Jerome Powell for not cutting interest rates. Tuesday night, he privately floated firing Powell. Nancy Cordes reports.
President Trump is escalating his feud with the man he selected to lead the Federal Reserve back in 2017. Mr. Trump told reporters at the White House on Wednesday that Fed Chair Jerome Powell has done a "terrible job" leading the nation's top bank. CBS News senior White House correspondent Weijia Jiang has more.
Democratic Sen. Elizabeth Warren of Massachusetts, a longtime critic of Jerome Powell, is speaking out against President Trump's threats to fire the Fed chair. Warren joins "The Takeout" to explain her position and take stock of Mr. Trump's economy.
Former Vice President Mike Pence discusses the first six months of President Trump's second term, weighs in on Mr. Trump's criticism of Federal Reserve Chair Jerome Powell, and calls on the Trump administration to "release all the files" on Jeffrey Epstein in an extended interview with "The Takeout" host Major Garrett.
President Trump on Tuesday night privately floated firing Federal Reserve Chairman Jerome Powell, then publicly backed away on Wednesday. CBS News chief White House correspondent Nancy Cordes reports.
President Trump slammed Fed chair Jerome Powell in a meeting with the Crown Prince of Bahrain, but denied reports about trying to fire him. CBS News' Taurean Small has more from Capitol Hill.
President Trump is denying reports that he plans to fire Federal Reserve Chair Jerome Powell. CBS News' Ed O'Keefe, Kelly O'Grady and Nikole Killion have the latest.
President Trump is commenting on Federal Reserve Chair Jerome Powell as reports emerge that he is considering firing him. Mr. Trump has been calling for Powell to cut interest rates as the U.S. navigates inflation.
President Trump asked a group of House Republicans if he should fire Federal Reserve Chairman Jerome Powell, multiple sources told CBS News. CBS News' Caitlin Huey-Burns has more.
New data from the Labor Department shows inflation ticked up to its highest level since February in June with consumer prices rising at an annual rate of 2.7%. CBS News MoneyWatch correspondent Kelly O'Grady has more.
The Dow Jones finished the day down on Tuesday after new data showed inflation accelerated in June, rising 2.7% on an annual basis. CBS News MoneyWatch correspondent Kelly O'Grady has more.
President Trump is urging the Federal Reserve to lower interest rates following the release of Consumer Price Index (CPI) data for June, which shows a 0.3% increase. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Consumer Price Index data for June emerged Tuesday, showing a 0.3% rise for the month and a 2.7% annual rate. CBS News' Natalie Brand has more from the White House.
Rep. French Hill, chairman of the House Financial Services Committee, told "Face the Nation with Margaret Brennan" that he doesn't believe President Trump can fire Fed chair Jerome Powell as the White House looks into his authority to do so. Mr. Trump has repeatedly expressed frustration with Powell refusing to lower interest rates, although board members of independent federal agencies like the Federal Reserve can only be forced out before their terms expire "for cause."
Stocks tumbled on Friday after President Trump threatened to slap a 35% tariff on Canadian goods. CBS News MoneyWatch correspondent Kelly O'Grady reports.
President Trump is insisting that Federal Reserve Chair Jerome Powell should lower interest rates. CBS MoneyWatch correspondent Kelly O'Grady has more.
Federal Reserve Chief Jerome Powell said it is premature to lower interest rates, citing the potential impact of tariffs.
Federal Reserve Chair Jerome Powell said Tuesday the Trump administration's tariffs led the Fed to put interest rate cuts on hold. CBS News MoneyWatch correspondent Kelly O'Grady reports.
In two days of congressional testimony, Federal Reserve Chair Jerome Powell defended his decision to keep interest rates steady and vowed Fed policy wouldn't be influenced by President Trump's pressure. Jo Ling Kent has more.
Federal Reserve Chair Jerome Powell testified on Capitol Hill Wednesday about the state of the U.S. economy. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Federal Reserve Chairman Jerome Powell gave his take on the state of the economy Wednesday as he testified before the Senate Banking Committee. CBS News senior business and technology correspondent Jo Ling Kent has more.
Attorney General Pam Bondi testified before the Senate Appropriations Committee about the Justice Department's budget on Wednesday. Meanwhile, Federal Reserve Chair Jerome Powell delivered his semiannual monetary report to the Senate Banking Committee. CBS News congressional correspondent Nikole Killion has more.
Rep. Robert Garcia of California has been elected as the top Democrat on the House Oversight Committee, becoming one of his party's most visible foils to the Trump administration. Political strategists Joel Payne and Matt Gorman, along with CBS News political director Fin Gómez, join "The Takeout" with analysis.
The stock market rallied for a second day on Tuesday as tensions with Iran sent oil prices plummeting. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Explosions were heard near a U.S. base in Iraq, and Iran said it targeted Bahrain, Jordan and Kuwait as the 21-week war intensifies.
President Trump is attending the redo of the White House Correspondents' Dinner on Friday night, after an armed assailant upended April's dinner.
President Trump ordered federal officials to install signs outside the National Museum of American History that correct what he says is "inaccurate" information presented by the institution about American history.
A substance found in the work van of a Mexican immigrant killed by an Immigration and Customs Enforcement agent has tested negative for illicit drugs, the top prosecutor in Houston said Friday.
President Trump departed the NATO summit in Turkey on an old Air Force One jet following a credible threat from Iran and allied proxy groups, U.S. officials told CBS News.
The Milwaukee County Sheriff's Office said Romo was pulled over around 6 p.m. on Thursday.
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
The cyclosporiasis outbreak, the nation's largest, is currently affecting nine states.
The suspect in Thursday's double stabbing on New York City's Upper West Side has been charged with attempted murder as a hate crime, among other things.
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
President Trump ordered federal officials to install signs outside the National Museum of American History that correct what he says is "inaccurate" information presented by the institution about American history.
"We didn't start this war," Ontario Premier Doug Ford told CBS News on "The Takeout."
The Milwaukee County Sheriff's Office said Romo was pulled over around 6 p.m. on Thursday.
President Trump accused the European Union of "robbing" American companies and taxpayers.
Paramount Skydance on Friday said it would delay the deal until as late as June 2027.
President Trump accused the European Union of "robbing" American companies and taxpayers.
Visits to fast casual restaurants with lettuce-heavy menus are seeing declining foot traffic in the wake of the cyclosporiasis outbreak.
A short circuit in the engine compartment can potentially cause a fire. Here's the fix.
President Trump announced new tariffs of up to 12.5% to replace expiring Section 122 levies. Here are the rates for each country.
A substance found in the work van of a Mexican immigrant killed by an Immigration and Customs Enforcement agent has tested negative for illicit drugs, the top prosecutor in Houston said Friday.
President Trump ordered federal officials to install signs outside the National Museum of American History that correct what he says is "inaccurate" information presented by the institution about American history.
President Trump departed the NATO summit in Turkey on an old Air Force One jet following a credible threat from Iran and allied proxy groups, U.S. officials told CBS News.
"We didn't start this war," Ontario Premier Doug Ford told CBS News on "The Takeout."
President Trump accused the European Union of "robbing" American companies and taxpayers.
Visits to fast casual restaurants with lettuce-heavy menus are seeing declining foot traffic in the wake of the cyclosporiasis outbreak.
Confirmed measles cases in the U.S. just hit a 35-year high, and it's only July.
The cyclosporiasis outbreak, the nation's largest, is currently affecting nine states.
U.S. health officials said they are investigating an additional outbreak of cyclospora, but do not know its source. Plus, Taylor Farms has reportedly shut down the plant where lettuce is suspected to have started the initial outbreak that has sickened thousands in at least 41 states. Carter Evans reports.
Utah's weekly measles case count has fallen. The national tally hasn't, and a newborn who's too young to be vaccinated is caught in between.
President Trump departed the NATO summit in Turkey on an old Air Force One jet following a credible threat from Iran and allied proxy groups, U.S. officials told CBS News.
"We didn't start this war," Ontario Premier Doug Ford told CBS News on "The Takeout."
Alejandro Arias-Monge, 41, had a $500,000 U.S. bounty on his head for alleged drug trafficking.
A charity is turning thousands of knives taken off London streets into a new type of weapon to counter youth violence: Free outdoor gyms.
The case of former officer Daniel Hiers Jr. was featured on "America's Most Wanted."
Paramount Skydance on Friday said it would delay the deal until as late as June 2027.
The robot actor is generating work for Hollywood creatives, not stealing jobs from actors, her inventor tells CBS News.
Peter Lassally, the fabled TV executive for such late-night hosts as Johnny Carson and David Letterman, and a mentor for many rising comedians, died July 19, 2026 at age 93. In this March 11, 2018 "Sunday Morning" profile, correspondent Mo Rocca talked with Lassally (affectionately dubbed "The Host Whisperer") about working with the kings of late-night. Lassally also talks about his childhood, part of which was spent in Nazi concentration camps, and also about whether he has had joy in his life.
"Criminal Minds" star Aisha Tyler was only supposed to be in six episodes of the show, but her journey on the series has now spanned over a decade. She tells "CBS Mornings" how her role has impacted her in real life and what it was like to work with guest star Connor Storrie from "Heated Rivalry."
Actor James Norton describes what it is like to play a villain in "House of the Dragon," which is a prequel to "Game of Thrones" and reveals which scene made him nearly faint during shooting.
Days after OpenAI revealed one of its models went rogue and hacked into another company's servers, House lawmakers are considering a bill that would allow the federal government to effectively shut down models that may put the public at risk. Jo Ling Kent explains.
As the back-to-school shopping season begins, you can expect to pay more for certain items, like laptops, due to shortages stemming from artificial intelligence. Brian Westover, principal hardware writer for PCMag, joins CBS News to discuss how you can save money.
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.
New research from a cybersecurity company now indicates that artificial intelligence models are getting better at solving multi-part problems. Gabriel Bernadett-Shapiro, who worked on the project and is a distinguished AI research scientist at SentinelOne, joins to unpack his team's research.
OpenAI is investigating after two of its AI bots went rogue and targeted an outside company during a training exercise in what the company called an "unprecedented cyber incident." Ian Krietzberg, an AI correspondent at Puck, joins with more.
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.
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.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The name "White-chested Fox" was found in drawings dating from 400 BC to 900 AD at the San Bartolo-Xultun archaeological site.
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.
Kaitlin Bender-Thomas and Madison Maynard, two White House Correspondents' Association scholarship recipients, join "The Daily Report" to reflect on April's terrifying shooting ahead of the rescheduled dinner.
The White House Correspondents' Dinner will have a redo in Washington, D.C., on Friday night, after the original event was interrupted in April when a gunman stormed in. It'll be a scaled-down event with scaled-up security. Nicole Sganga reports.
Nearly two years after a school shooting at Georgia's Apalachee High School, a 16-year-old pleaded guilty to killing two fellow students, two teachers and wounding nine other people in Georgia. Jericka Duncan reports.
A judge is set to decide whether to move forward with a jury trial of singer D4vid in the case of 14-year-old Celeste Rivas Hernandez's murder after the doctor who performed her autopsy delivered a disturbing testimony in a preliminary hearing. Adam Yamaguchi has more.
The suspect in Thursday's double stabbing on New York City's Upper West Side has been charged with attempted murder as a hate crime, among other things.
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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 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.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
President Trump attended and spoke at the rescheduled White House Correspondents' Dinner on Friday night at the Waldorf Astoria in Washington, D.C. The April correspondents' dinner was disrupted by an active shooter.
At the Shrimp Basket restaurant in Pensacola, Florida, a customer consistently ordered a cup of gumbo for lunch and for dinner for 10 years. When he didn't show up one week, the chef went to his house to check on him. Steve Hartman goes "On the Road" with the story, months later.
SpaceX on Friday launched the 13th flight test of its Starship V3 rocket. CBS News space consultant Bill Harwood has the latest.
Kaitlin Bender-Thomas and Madison Maynard, two White House Correspondents' Association scholarship recipients, join "The Daily Report" to reflect on April's terrifying shooting ahead of the rescheduled dinner.
Since the Iran war began in February, Jordan has largely avoided the kind of onslaught Tehran has aimed at places like Kuwait, Bahrain and the United Arab Emirates. With recent attacks, and one that killed three U.S. soldiers, that's changed. CBS News senior national security correspondent Charlie D'Agata examines why.