4/24: The Takeout with Major Garrett
Second round of U.S.-Iran peace talks expected this weekend; U.S. soldier charged for allegedly using confidential info to bet on Maduro's removal.
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Second round of U.S.-Iran peace talks expected this weekend; U.S. soldier charged for allegedly using confidential info to bet on Maduro's removal.
Wednesday marks 53 days since the U.S. launched the war with Iran. Republican Sen. Thom Tillis of North Carolina joins "The Takeout" to discuss the state of the conflict and more.
President Trump's nominee to head the Federal Reserve assured lawmakers on Tuesday that he would maintain strict independence. Kristin Myers, the senior vice president of content and editor in chief of ETF.com, joins CBS News with more.
Kevin Warsh, President Trump's nominee to replace outgoing Federal Reserve Chair Jerome Powell, faced tense questioning from senators at his confirmation hearing on Tuesday. Here are some of the most notable exchanges.
Democratic Rep. Sheila Cherfilus-McCormick of Florida resigned from Congress on Tuesday ahead of a House Ethics Committee hearing to decide how to sanction her for more than two dozen campaign finance-related violations. CBS News congressional reporter Taurean Small has more.
Warsh, nominated by President Trump to replace Fed Chair Jerome Powell, also said he'll work with the White House on some matters.
President Trump is fighting to reshape the Federal Reserve by replacing Chair Jerome Powell with Kevin Warsh — but if the Senate doesn't confirm Warsh by next month, it's not clear who will run the nation's central bank.
Kevin Warsh, President Trump's nomination for chair of the Federal Reserve, told senators Tuesday that the central bank would remain "strictly independent." CBS News' Taurean Small reports on the hearing.
During questioning from Democratic Sen. Angela Alsobrooks, Kevin Warsh declined to weigh in on President Trump's attempt to fire Lisa Cook from her position on the Federal Reserve Board of Governors, a case that is now before the Supreme Court. "The Fed should stay in its lane," Warsh said.
Sen. Ruben Gallego pressed Kevin Warsh again about whether President Trump asked him to commit to lowering interest rates if he was nominated to lead the Federal Reserve. Warsh reiterated that the president never asked him to "commit to any such thing."
Kevin Warsh, President Trump's nominee for Federal Reserve chairman, explained why he believes the potential of the U.S. economy is improving despite low job growth.
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.
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.
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.
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.
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.
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, 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.
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.
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."
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.
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.
Several factors are weighing on the value of gold and silver after the precious metals ascended to record highs last week.
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.
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.