Kevin Warsh denies he will be "sock puppet"
Kevin Warsh told GOP Sen. John Kennedy that he will not be President Trump's "human sock puppet" and will remain fully independent if he's confirmed as the chairman of the Federal Reserve.
Kevin Warsh
Warsh asked about stance on interest rates
Sen. Chris Van Hollen, a Maryland Democrat, voiced his concerns about Kevin Warsh's shifting stance on interest rates over the years. Van Hollen asked Warsh why he was in favor of lowering interest rates while inflation remained high.
Senators question Kevin Warsh on transparency
President Trump's nominee for the next Federal Reserve chair, Kevin Warsh, faces questions from lawmakers Tuesday during his Senate confirmation hearing. CBS News' Kelly O'Grady has the latest.
Tillis blasts DOJ's "bogus" probe into Powell
GOP Sen. Thom Tillis of North Carolina spent his time during the confirmation hearing for Kevin Warsh slamming the Justice Department's "bogus investigation" into Federal Reserve Chairman Jerome Powell over renovation costs at the central bank's headquarters. Tillis said he will block Warsh's nomination until the Justice Department drops its investigation.
Reed asks Warsh about independence from Trump
Democratic Sen. Jack Reed of Rhode Island pressed Kevin Warsh about whether he would cave to President Trump's demands to lower interest rates if he were to become the next Federal Reserve chairman. Warsh appeared for his Senate confirmation hearing to replace Jerome Powell as the Fed chair in May.
Warsh criticizes Fed for inflation missteps
During questioning from GOP Sen. Tim Scott, Kevin Warsh criticized the Federal Reserve for "policy errors in 2021 and 2022" that allowed inflation to soar. "Once you let inflation take hold of the economy, it's more expensive and harder to bring it down," Warsh said. Warsh appeared before his Senate confirmation hearing to replace Jerome Powell as the Federal Reserve chairman.
Kevin Warsh faces Fed independence questions
Kevin Warsh, President Trump's pick to replace Federal Reserve Chair Jerome Powell, is facing questioning on Tuesday at his Senate confirmation hearing. CBS News' Caitlin Huey-Burns has the latest.
Warren grills Warsh at confirmation hearing
Sen. Elizabeth Warren grilled Federal Reserve Chair nominee Kevin Warsh about disclosing his financial assets and his independence from President Trump during tense questioning at his confirmation hearing on Tuesday.
Warsh gives opening statement at hearing
Kevin Warsh, President Trump's nominee to become the next Federal Reserve chairman, appeared before lawmakers for his Senate confirmation hearing on Tuesday. Warsh began his opening statement saying "America's economic growth potential is rising as we sit here today."
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.
Trump echos support for Kevin Warsh
President Trump said that he "made a mistake" by not nominating Kevin Warsh for Federal Reserve chair during his first term. Kristin Myers, the ETF editor-in-chief for AssetTV, joins with more.
Gold and silver prices are slumping after their meteoric rise. Here's why.
Several factors are weighing on the value of gold and silver after the precious metals ascended to record highs last week.
Why did Trump pick Kevin Warsh for Fed chair?
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.
3 key questions for investors about Fed Chair nominee Kevin Warsh
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.
What Kevin Warsh as new Federal Reserve chair could mean for the economy
The president is turning to a former Fed official as his nominee to replace outgoing Chair Jerome Powell.
Trump nominates Kevin Warsh as next Federal Reserve Board chair
President Trump says he is nominating Kevin Warsh to be the next chair of the Federal Reserve, filling a powerful economic policy role as the president pushes for lower interest rates.
Live
Iran says Israel must pull troops out of Lebanon under deal with U.S.
Iran's foreign minister says Israeli troops can't remain in Lebanon under the pending deal with the U.S.
Feds reveal new details of alleged plot to attack White House UFC event
The FBI said it disrupted an attempt to attack Sunday's UFC America 250 event at the White House, with court records detailing an alleged plot to use small drones carrying explosives.
Trump invokes Defense Production Act to boost weapons manufacturing
President Trump has invoked the Defense Production Act to address constraints in the production of munitions, according to a presidential memo released Tuesday.
Senate rejects latest resolution to limit Trump's Iran war powers
The Senate narrowly rejected a war powers resolution on Iran as President Trump touts a framework agreement with Tehran to end the monthslong conflict.
2 shot at Delaware hospital as police search for "possible active shooter"
Two people were shot at Wilmington Hospital in Delaware as the campus remains on lockdown Tuesday, the city said.
17 horses killed in barn fire at Saratoga Casino Hotel Harness Track
The casino said some 350 horses are usually housed in the area, but the fire was contained before it could spread and only affected the one barn.
Alleged D.C. National Guard shooter could face death penalty with new charges
New charges were filed against a man accused of fatally shooting one National Guard member and gravely injuring another in Washington, D.C., opening the door for the DOJ to seek the death penalty if he's convicted.
U.S. citizen released, no charges after accusations of abuse in Colombia
A video of the alleged incident circulated widely on social media, but Colombia's president later said the man "apparently did not" abuse any children.
Georgia and Alabama GOP runoffs and more primaries to watch today
Voters are casting their ballots in four states and the District of Columbia on Tuesday, including the runoff race in Georgia to take on Democratic Sen. Jon Ossoff.
U.S.
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Alleged D.C. National Guard shooter could face death penalty with new charges
New charges were filed against a man accused of fatally shooting one National Guard member and gravely injuring another in Washington, D.C., opening the door for the DOJ to seek the death penalty if he's convicted.
17 horses killed in barn fire at Saratoga Casino Hotel Harness Track
The casino said some 350 horses are usually housed in the area, but the fire was contained before it could spread and only affected the one barn.
2 people shot at Wilmington Hospital as police search for "possible active shooter"
Two people were shot at Wilmington Hospital in Delaware as the campus remains on lockdown Tuesday, the city said.
What to expect as Kevin Warsh leads his first Fed interest rate meeting
New Fed Chairman Kevin Warsh is stepping in at a critical juncture for the U.S. economy, with inflation at its highest level in more than three years.
Potential first tropical cyclone of the year developing in the Gulf
Forecasters have issued an advisory for the potential first tropical cyclone of the 2026 hurricane season, warning it could develop into a tropical storm by Wednesday.
MoneyWatch
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What to expect as Kevin Warsh leads his first Fed interest rate meeting
New Fed Chairman Kevin Warsh is stepping in at a critical juncture for the U.S. economy, with inflation at its highest level in more than three years.
Yum! Brands sells struggling Pizza Hut in $2.7 billion deal
The sale will split ownership of the pizza chain between a U.S.-based private equity firm and a Chinese restaurant company.
SpaceX to buy AI coding assistant Cursor for $60 billion
The deal comes just days after SpaceX went public in the largest IPO in history, raising $75 billion to help fund its expansion.
Electricity costs expected to hit record this summer, new analysis finds
A new analysis projects how much Americans will pay for electricity from June to September, depending on their state of residence.
Hundreds of U.S. cities now have starter homes that cost $1 million
The number of metropolitan areas around the country with basic homes worth at least $1 million has tripled since 2020.
Politics
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Alleged D.C. National Guard shooter could face death penalty with new charges
New charges were filed against a man accused of fatally shooting one National Guard member and gravely injuring another in Washington, D.C., opening the door for the DOJ to seek the death penalty if he's convicted.
Trump invokes Defense Production Act to boost weapons manufacturing
President Trump has invoked the Defense Production Act to address constraints in the production of munitions, according to a presidential memo released Tuesday.
Senate rejects latest resolution to limit Trump's Iran war powers
The Senate narrowly rejected a war powers resolution on Iran as President Trump touts a framework agreement with Tehran to end the monthslong conflict.
Despite Trump's assurances, shippers wait and see on Strait of Hormuz
President Trump says there's a "safe, secure and pristine" route through the Strait of Hormuz, but major shipping companies aren't convinced.
Israel's recent attack in Lebanon was "too much," Trump says
President Trump, who is in France for the G7 summit, said he didn't like that Israel attacked Lebanon two hours before the U.S. signed an agreement with Iran.
HealthWatch
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Ebola outbreak still spreading in Congo: "We are missing cases"
A WHO official tells CBS News Ebola is still spreading in Congo after a month, as experts race to contain the outbreak in Central Africa.
American doctor who recovered from Ebola back in U.S., says he's "feeling well"
Dr. Peter Stafford, his wife, Rebekah Stafford, and their four children all arrived safely on Monday, according to Serge, a Pennsylvania-based Christian missions organization.
They're uninsured after Obamacare became too costly. They're far from alone.
After congressional Republicans let expanded subsidies for Affordable Care Act plans expire at the end of last year, some families have decided the price is too great of a financial burden and canceled their coverage.
Organic formula recalled after 3 babies diagnosed with infant botulism
The affected formula was sold at Target and at Nara.com, according to the Food and Drug Administration.
6/14: Sunday Morning
Hosted by Jane Pauley. Featured: The lack of obesity in Japan; Vice President JD Vance and second lady Usha Vance; former child star Bill Mumy; the past and future of the Houston Astrodome; a time capsule for America's 500th birthday; and soccer art made with gum wrappers.
World
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Senate rejects latest resolution to limit Trump's Iran war powers
The Senate narrowly rejected a war powers resolution on Iran as President Trump touts a framework agreement with Tehran to end the monthslong conflict.
Dead or stranded: Commercial sailors suffer in the Strait of Hormuz
India alone has more than 18,000 sailors stuck across the Persian Gulf region. Some tell CBS News it feels like they're "in jail."
Russian artist and Putin critic shot dead in Poland
Semyon Skrepetsky was known for performances and artwork attacking Russian President Vladimir Putin and other authoritarian leaders.
Despite Trump's assurances, shippers wait and see on Strait of Hormuz
President Trump says there's a "safe, secure and pristine" route through the Strait of Hormuz, but major shipping companies aren't convinced.
Ebola outbreak still spreading in Congo: "We are missing cases"
A WHO official tells CBS News Ebola is still spreading in Congo after a month, as experts race to contain the outbreak in Central Africa.
Entertainment
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Entertainment
America250 announces concert headliners, host
Chris Stapleton and The Smashing Pumpkins are set to headline America250's "America's Block Party Concert," with Queen Latifah set to host. Rosie Rios, the chair of America250, joins CBS News 24/7 with more.
A look at the adaptation of "I Will Find You"
Harlan Coben talks about casting for the Netflix adaptation of his 2023 bestselling novel "I Will Find You." The series stars Sam Worthington, who describes how fatherhood impacted him in his role and how he sees his character.
"Star Wars" lightsaber and more iconic film props going up for auction
Luke Skywalker's lightsaber from the "Star Wars" sequel "The Empire Strikes Back" is expected to sell for at least $1 million at an upcoming auction.
Serena and Venus Williams to play doubles together again, at Wimbledon
Serena and Venus Williams are getting back together as a doubles team, at Wimbledon. The last time the sisters were a doubles duo was at the 2022 U.S. Open, where they lost their opening match.
Billy Porter on "La Cage Aux Folles"
Billy Porter speaks with "CBS Mornings" about starring in the off-Broadway revival of the musical "La Cage Aux Folles," working with Wayne Brady and recent health issues.
Technology
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SpaceX to buy AI coding assistant Cursor for $60 billion
The deal comes just days after SpaceX went public in the largest IPO in history, raising $75 billion to help fund its expansion.
Anthropic to meet Trump officials, Axios says
Anthropic's senior staff is planning to meet with White House officials amid a recent dispute over the company's safety measures. Maria Curi, a tech reporter for Axios, has more.
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.
U.K. announces plan to ban social media for children under 16
U.K. Prime Minister Keir Starmer hopes to have a ban on kids using social media that is "designed to be addictive" enacted by early next year.
Prediction market traders face long odds
Prediction market platforms give fans the chance to make money on anything from predicting where Taylor Swift will get married to major sports. But a recent study found the top 1% of traders on Polymarket capture more than three-quarters of all gains. Jo Ling Kent spoke with a prediction market trader who wrote an AI-powered computer program to help him win big.
Science
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Science
Watch: Pentagon releases 6 new UFO videos
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
Goblin shark seen alive in natural deep-sea habitat for the first time
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
World's largest whale graveyard found by sub at bottom of ocean
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Great white shark captured on video in Mediterranean in rare sighting
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
Crime
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Crime
5 charged in foiled White House UFC plot
The FBI disrupted an alleged plot targeting the White House UFC event, officials announced Tuesday. CBS News Department of Justice reporter Jake Rosen has the details.
Alleged D.C. National Guard shooter could face death penalty with new charges
New charges were filed against a man accused of fatally shooting one National Guard member and gravely injuring another in Washington, D.C., opening the door for the DOJ to seek the death penalty if he's convicted.
FBI investigating shooting in Washington State
Bullets flew in a northern Washington State neighborhood on Tuesday as federal agents engaged with a person near the Canadian border. The FBI is now investigating. CBS News' Shanelle Kaul reports.
2 people shot at Wilmington Hospital as police search for "possible active shooter"
Two people were shot at Wilmington Hospital in Delaware as the campus remains on lockdown Tuesday, the city said.
Russian artist and Putin critic shot dead in Poland
Semyon Skrepetsky was known for performances and artwork attacking Russian President Vladimir Putin and other authoritarian leaders.
Space
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NASA chief defends choice of all-male crew for Artemis III mission
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Space station crew briefly moves to "safe haven" amid concerns over leaks
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Sun erupts with 3 solar flares, raising chances of northern lights for U.S.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
NASA reluctantly gives up on lost orbiter: "Best Mars mission ever"
NASA officials said the $582 million MAVEN orbiter could not be recovered after a problem on the far side of Mars late last year, and that its extraordinarily successful mission was at an end.
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.
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.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
242 U.S. cities have $1M starter homes: Zillow
Online real estate marketplace Zillow found that 242 U.S. cities now have starter homes worth $1 million or more, nearly triple the number of cities reported in 2020. The company defines a starter home as one in the lowest third of home values in a given region. CBS News MoneyWatch reporter Megan Cerullo has more.
How Georgia candidates plan on tackling costs
Voters in Georgia are casting their ballots in two key Republican runoff races on Tuesday. Trump-backed Lieutenant Gov. Burt Jones and billionaire Rick Jackson are vying for the GOP nomination for governor. The winner will face Democrat and former Atlanta Mayor Keisha Lance Bottoms in November. Meanwhile, Trump-backed Rep. Mike Collins is facing off with former college football coach Derek Dooley for the GOP nomination for Senate. The winner of that race will take on Sen. Jon Ossoff in November. CBS News correspondent Skyler Henry has more.
Redistricting may give GOP an edge in midterms
A new report from the National Republican Congressional Committee finds that the GOP has gained an edge in the midterms from redistricting. Political strategists Kevin Sheridan and Mo Elleithee join with analysis.
Zillow: 242 cities have $1 million starter homes
The dream of home ownership is becoming more elusive for some first-time buyers. Zillow found that a record 242 cities have starter homes valued at $1 million or more. Orphe Divounguy, senior economist at Zillow, joins "The Takeout" to discuss.
Warnock on congressional oversight of Iran war
Sen. Raphael Warnock of Georgia has been viewed as a rising star in the Democratic Party since he beat Kelly Loeffler for her Senate seat in 2021. CBS News chief Washington correspondent Major Garrett sat down with Warnock to discuss his new book, "The Crooked Places Made Straight," the Iran war and more.