Bessent unveils new Trump Accounts website — and a new IRS form
Treasury Secretary Scott Bessent also said Ray Dalio, the founder of the hedge fund Bridgewater Associates, will donate to the Trump accounts initiative.
Scott Bessent
Bessent calls for overhaul of regulator that protects U.S. financial system
Treasury Secretary's proposal to revamp the Financial Stability Oversight Council would expose Americans to risk, critics say.
U.S. sanctions 3 of Maduro's nephews, 6 oil tankers
The U.S. has imposed sanctions on three nephews of Venezuelan President Nicolás Maduro and half a dozen shipping vessels accused of transporting Venezuelan oil.
Latest on Somali fraud allegations
The Trump administration ramped up immigration activity in Minnesota amid allegations that pandemic relief money made its way to Somali-based al Qaeda affiliate al Shabaab. CBS News' Tom Hanson has more details.
Face the Nation: Himes, Gottlieb
Missed the second half of the show? Rep. Jim Himes and former FDA Commissioner Scott Gottlieb join.
Bessent on economy during holiday season
Treasury Secretary Scott Bessent predicted on "Face the Nation with Margaret Brennan" that it will be a "strong holiday season" despite some major toy companies noting higher prices due to tariffs and inflation. "The economy has been better than we thought," Bessent said, adding "we've had the 4- 4% GDP growth in a couple of quarters."
IRS whistleblowers release book on Hunter Biden case
In 2023, two IRS employees came forward and alleged the Justice Department was improperly handling the tax fraud case against Hunter Biden. Now, they have a new book out called "The Whistleblowers vs. The Big Guy." Whistleblower Joseph Ziegler joins to discuss.
Treasury secretary counselor on shutdown
On Day 37 of the longest government shutdown in U.S. history, stocks were down across the board. Joe Lavorgna, counselor to Treasury Secretary Scott Bessent, joins "The Takeout" to discuss the economic ramifications of the shutdown.
Treasury secretary counselor on shutdown
On Day 37 of the longest government shutdown in U.S. history, stocks plummeted across the board. Joe Lavorgna, counselor to Treasury Secretary Scott Bessent, joins "The Takeout" to discuss the economic ramifications of the shutdown.
Bessent: China approved TikTok transfer deal
U.S. Treasury Secretary Scott Bessent said Thursday that China has approved a TikTok transfer deal. CBS News White House reporter Willie James Inman has more.
Bessent on TikTok deal
With President Trump and Treasury Secretary Scott Bessent on a trip to Asia, Bessent told "Face the Nation with Margaret Brennan" that the TikTok deal will be finalized by Thursday. Bessent also said additional 100% tariffs with China are "effectively off the table" after the two-day meeting.
Open: "Face the Nation," Oct. 26, 2025
This week on "Face the Nation with Margaret Brennan," amid President Trump and Treasury Secretary Scott Bessent's trip to Asia, Bessent joins to discuss the Chinese tariffs, the TikTok deal and the government shutdown at home. Plus. House Minority Leader Hakeem Jeffries joins to discuss the government shutdown.
U.S. sanctions Colombian President Petro
The Trump administration on Friday announced sanctions on Colombian President Gustavo Petro and his family members, accusing the leader of having "allowed drug cartels to flourish." CBS News White House reporter Willie James Inman has the latest.
U.S. slaps sanctions on Russian oil companies over Ukraine war
Treasury Secretary Scott Bessent has announced new sanctions against Russia's two biggest oil companies and blasted Moscow's refusal to end its "senseless war."
Treasury Secretary issues warning on China
Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer warned on Wednesday that China's new trade rules are part of an apparent effort to control the world's supply chains. CBS News MoneyWatch correspondent Kelly O'Grady has more details.
Counselor to treasury secretary on shutdown
Joe Lavorgna, counselor to Treasury Secretary Scott Bessent, joins "The Takeout" to assess how the government shutdown could affect the economy.
Few details on potential TikTok deal
According to Treasury Secretary Scott Bessent, the Trump administration and China have a framework for a deal to keep TikTok operational in the U.S. CBS News senior business and technology correspondent Jo Ling Kent has more.
Economist discusses latest trade deals
Kyle Handley, an economist and adjunct scholar at the Cato Institute, joins CBS News to discuss the latest on tariffs and trade deals.
Congresswoman refers Fed Chair Powell to DOJ
As tensions remain high between the White House and the central bank, a Republican congresswoman is hitting Federal Reserve Chair Jerome Powell with a criminal referral to the Justice Department. CBS News MoneyWatch correspondent Kelly O'Grady joins to examine the disconnect between the Trump administration and the Fed.
Bessent says tariffs have helped the U.S.
Treasury Secretary Scott Bessent said in a Cabinet meeting that tariff hikes have already helped the U.S. "We will have taken in about $100 billion in tariff income this far this year," Bessent said. The comment comes as the White House increases pressure on certain trade partners to make deals with the U.S. CBS News MoneyWatch correspondent Kelly O'Grady has the latest updates on how markets are responding.
U.S. tariffs on European goods threaten consumers on both sides of Atlantic
EU said it was prepared to retaliate with tariffs on hundreds of American products, from U.S. beef, auto parts and beer to Boeing airplanes.
U.S. warns trading partners higher tariffs could roll out next month
The Trump administration is expected to send dozens of letters to countries that have not made a trade deal, warning them that higher tariffs could kick in next month.
Rep. Suzan DelBene on David Hogg drama, more
Republicans hold a slim majority in the House and Rep. Suzan DelBene of Washington is trying to change that as chair of the Democratic Congressional Campaign Committee. DelBene joins "The Takeout" to unpack the political landscape for her party in 2026.
Bessent hits back at Democrats for deficit
Treasury Secretary Scott Bessent hit back at Rep. Richard Neal during a House hearing, claiming the Democrats "voted for the biggest blowout for the deficit in history." "So I find it very difficult to be lectured to by people who created the largest deficit in history."
Bessent defends tariffs, U.S.-China trade deal
Rep. Linda Sánchez of California and Treasury Secretary Scott Bessent sparred over President Trump's tariff policy at a House hearing on the department's budget request. Sánchez questioned whether the Trump administration negotiated a good trade deal with China.
Sen. Lindsey Graham dies after "brief and sudden illness"
President Trump paid tribute to the late senator, who was reportedly scheduled to do an interview on Sunday.
Live
U.S. conducts another round of retaliatory strikes on Iran, Pentagon says
U.S. forces conducted their third round of strikes on Iran this week, this time in retaliation for an attack on a commercial ship in the Strait of Hormuz, the Pentagon said.
What is the process for filling Lindsey Graham's vacancy in the Senate?
Sen. Lindsey Graham was running for reelection in November when he died suddenly on Saturday.
How white supremacists staged the only successful coup in U.S. history
In 1898, Wilmington, N.C., was prosperous and integrated. But white supremacists took back control of the city's multi-racial government at gunpoint, and killed scores of Black residents - a little-known story retold in Lauren Collins' "They Stole a City."
New York Times journalists issued subpoenas over Air Force One reporting
The subpoenas were issued after the New York Times reported on alleged security concerns with the new Qatari-gifted Air Force One.
High energy costs from Iran war heighten pressure on struggling farmers
As the agriculture industry in Louisiana contends with major energy cost hikes brought on by the Iran war, some farmers are unsure if their businesses will survive.
New Jersey works to destroy firefighting foam laced with cancer-linked PFAS
New Jersey is one of more than a dozen states that are working to collect, remove and destroy all of their aqueous film-forming foam.
Seahawks sold to 49ers minority owner for record $9.6 billion
The Seattle Seahawks are being sold to the Khosla family in accordance with the wishes of late team owner Paul Allen, the team announced on Saturday.
Sen. Scott on Lindsey Graham's role in "building bridges," including with Trump
Republican Sen. Tim Scott of South Carolina remembered Sen. Lindsey Graham as a "powerful leader" following his sudden death, while emphasizing Graham's role in "building bridges."
U.S.
More U.S.
What is the process for filling Lindsey Graham's vacancy in the Senate?
Sen. Lindsey Graham was running for reelection in November when he died suddenly on Saturday.
Sen. Scott on Lindsey Graham's role in "building bridges," including with Trump
Republican Sen. Tim Scott of South Carolina remembered Sen. Lindsey Graham as a "powerful leader" following his sudden death, while emphasizing Graham's role in "building bridges."
Trump's monumental reimagining of Washington, D.C.
President Trump has triggered a firestorm of lawsuits over his plans to remake our nation's capital, as opponents fight to preserve it.
How white supremacists staged the only successful coup in U.S. history
In 1898, Wilmington, N.C., was prosperous and integrated. But white supremacists took back control of the city's multi-racial government at gunpoint, and killed scores of Black residents - a little-known story retold in Lauren Collins' "They Stole a City."
U.S. and world leaders pay tribute to Lindsey Graham following sudden death
The senior U.S. senator for South Carolina died suddenly at 71 on Saturday.
MoneyWatch
More MoneyWatch
High energy costs from Iran war heighten pressure on struggling farmers
As the agriculture industry in Louisiana contends with major energy cost hikes brought on by the Iran war, some farmers are unsure if their businesses will survive.
Bipartisan housing bill becomes law after Trump refuses to sign it
A landmark housing bill automatically became law overnight after President Trump declined to sign it.
Apple sues OpenAI, accusing ChatGPT maker of stealing trade secrets
Apple alleges that OpenAI and two of its employees stole trade secrets and engaged in a "pattern of misconduct."
Household staff can earn up to $300,000 working for America's rich
Good help is hard — and expensive — to find, according to a recruiting firm for private chefs, chauffeurs and other household workers.
Gas prices start climbing again as U.S.-Iran tensions flare
Prices at the pump sank following a June ceasefire. But renewed conflict in the Middle East and other factors are driving fuel costs back up.
Politics
More Politics
What is the process for filling Lindsey Graham's vacancy in the Senate?
Sen. Lindsey Graham was running for reelection in November when he died suddenly on Saturday.
Sen. Scott on Lindsey Graham's role in "building bridges," including with Trump
Republican Sen. Tim Scott of South Carolina remembered Sen. Lindsey Graham as a "powerful leader" following his sudden death, while emphasizing Graham's role in "building bridges."
Transcript: Sen. Tim Scott on "Face the Nation with Margaret Brennan," July 12, 2026
The following is the transcript of an interview with Republican Sen. Tim Scott of South Carolina that aired on "Face the Nation with Margaret Brennan" on July 12, 2026.
U.S. and world leaders pay tribute to Lindsey Graham following sudden death
The senior U.S. senator for South Carolina died suddenly at 71 on Saturday.
Sen. Lindsey Graham dies after "brief and sudden illness"
President Trump paid tribute to the late senator, who was reportedly scheduled to do an interview on Sunday.
HealthWatch
More HealthWatch
New Jersey works to destroy firefighting foam laced with cancer-linked PFAS
New Jersey is one of more than a dozen states that are working to collect, remove and destroy all of their aqueous film-forming foam.
Departments getting rid of firefighting foam
Fire departments across the U.S. are changing how they extinguish fires. For decades, they used foam that contained so-called "forever chemicals" that are now linked to cancer. More than a dozen states are now working to collect, remove and destroy all of it. Mark Strassmann has more.
U.S. citizen working in Congo tests positive for Ebola, CDC says
The Africa Centres for Disease Control and Prevention said the outbreak is the fastest-growing Ebola outbreak recorded on the continent.
Pregnant mom diagnosed with Stage IV cancer after symptoms were dismissed
Jenney Bitner feared she wouldn't get to see her children grow up after a tumor in her brain revealed she had Stage IV melanoma.
Michigan's cyclosporiasis outbreak grows to more than 1,500 cases
Michigan health officials say the state's cyclosporiasis outbreak has grown to more than 1,500 cases.
World
More World
Transcript: Sen. Tim Scott on "Face the Nation with Margaret Brennan," July 12, 2026
The following is the transcript of an interview with Republican Sen. Tim Scott of South Carolina that aired on "Face the Nation with Margaret Brennan" on July 12, 2026.
Typhoon Bavi weakens but still lashes China with strong winds, rain
Typhoon Bavi weakened Sunday to a tropical storm but was still bringing strong winds and heavy rain to parts of China.
At least 2 killed in shooting at Toronto street festival, police say
At least two people were killed and several more wounded in a shooting Saturday evening at a street festival in Toronto, Canada, authorities said.
Bull gores runner in the face at Spain's San Fermin bull run festival
A chaotic bull run at Spain's San Fermin festival in Pamplona on Saturday left 13 people injured, including one runner who was pierced by a horn in the face.
South African soccer player who competed in the World Cup dies at 25
Jayden Adams' death was confirmed by South Africa's minister of sport, arts and culture on Saturday.
Entertainment
More Entertainment
Entertainment
7/12: Sunday Morning
Hosted by Tracy Smith. Featured: The only successful coup in U.S. history; Behind the scenes of "The Pitt"; Trump's monumental reimagining of Washington, D.C.; singer-songwriter Gracie Abrams; "Take Me Home, Country Roads"; and a Tuscany tradition: wine barrel races.
Milepost: David Attenborough
This week, British documentarian Sir David Attenborough, who turned 100 years old in May, broke the record for oldest nominee for a Primetime Emmy Award, earning two nominations this year.
Grace notes: Art as a reverie of gentle sounds
French artist and composer Céleste Boursier-Mougenot's "Clinamen," at the Park Avenue Armory in New York City, is a mesmerizing installation in which porcelain bowls floating in giant basins of water collide, producing chiming sounds that reverberate in the 55,000-square-foot hall, to foster a state of grace. Tracy Smith reports.
Behind the scenes of "The Pitt"
The Emmy-winning HBO Max drama "The Pitt" immerses viewers in the hour-by-hour struggles faced by the overworked-yet-superhuman emergency room staff at the fictional Pittsburgh Trauma Medical Center. CBS News chief medical correspondent Dr. Jon LaPook visits the series' hyper-realistic set at Warner Brothers Studios in Burbank, Calif. (where cast members undergo a two-week medical boot camp), and talks with star, writer, director and executive producer Noah Wylie about why the former "ER" actor returned to the medical drama genre. (The series just received 25 Emmy nominations, including Outstanding Drama Series, the most of any program.) [Originally broadcast Jan. 4, 2026.]
Passage: In memoriam
"Sunday Morning" remembers some of the notable figures who left us this week, including "Mary Hartman, Mary Hartman" actress Louise Lasser, and singer Bonnie Tyler, best known for "Total Eclipse of the Heart."
Technology
More Technology
Apple sues OpenAI, accusing ChatGPT maker of stealing trade secrets
Apple alleges that OpenAI and two of its employees stole trade secrets and engaged in a "pattern of misconduct."
AI slop floods social media, report says
A new report from AI detector Pangram found that AI-generated content is flooding socials like X and Reddit, with LinkedIn accounting for nearly two-thirds of all AI content detected. Pangram CEO and co-founder Max Spero joins CBS News to discuss his findings.
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.
MSG tracked celebrities, WIRED reports
A major database breach at James Dolan's Madison Square Garden arena revealed an apparent internal list tracking nearly 40,000 celebrities, according to a new report from WIRED. The report alleges that surveillance labels included "LGBTQIA," "DO NOT HOST," and evaluated individuals on a "risk" level. MSG claims the report is inaccurate. WIRED contributing editor Noah Shachtman joins "CBS News 24/7" to discuss his reporting.
Breaking down the Texas app store age law
Earlier this week, the Supreme Court said it would allow Texas to enforce a law requiring app stores to verify users' ages while the issue plays out in the lower courts. CBS News legal contributor Jessica Levinson breaks down the constitutional question.
Science
More Science
Science
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.
Watch: Pentagon releases 19 new UFO videos
The Defense Department released a fourth batch of UFO files on Friday, nearly one month after its third drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
2,000-year-old gold rings and human bones found by archaeologists
Archaeologists have discovered eight human skeletons, bronze and gold jewelry and other artifacts indicating a ceremonial burial of wealthy people.
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.
The American innovation that made millions of others possible
From the lightbulb to the airplane, to medical breakthroughs and the internet age, the past 250 years have been defined by America's intrepid intellect.
Crime
More Crime
Kansas woman convicted of double murder after three trials
Mike Sisco and his girlfriend Karen Harkness were gunned down in her Topeka, Kansas, home in 2002. Authorities believed it was a crime of passion. Sisco's daughter set out to help prove it was her mother, Dana Chandler, who was responsible.
Apalachee High School shooting suspect set to change plea, documents show
Colt Gray is scheduled to appear in Barrow County Superior Court on July 24 for a plea hearing, court documents show.
Nolan Wells' parents speak out
Teen football player Nolan Wells was found dead on a Mississippi island days after he vanished during a July Fourth outing. Wells' parents are searching for answers, saying that they don't believe their son would have stayed behind on the island by choice.
Takeaways from weeklong Tyler Robinson hearing
The weeklong pre-trial hearing for the man accused of killing conservative activist Charlie Kirk wrapped up on Friday with the defense calling one final witness to the stand. CBS News legal contributor Jessica Levinson joins with analysis.
Indictments in White House UFC attack plot
Eight people have each been charged with conspiracy counts over a planned attack at the UFC event that was held at the White House in June. CBS News' Jake Rosen reports.
Space
More Space
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.
NASA astronauts operate on space station's broken robot arm
The orbital surgery on the International Space Station returned the Canadian-built robot arm to full health after its "wrist" joint failed last month.
NASA prepares to launch rescue to save telescope from falling to Earth
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
Astronomers find 2 gigantic planets lighter than cotton candy
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
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
Rahm Emanuel on the U.S.-Israel relationship
Former White House chief of staff Rahm Emanuel joined "Face the Nation" to discuss his "plan that gets out of Israel being a pariah." He expanded on his proposed "23-state solution" including Israel, the Palestinians and Arab states.
Rep. Turner hopes Senate will pass Russia sanctions backed by Lindsey Graham
Republican Rep. Mike Turner told "Face the Nation" that Senate passage of a Russia sanctions bill should be "one of the legacies" of Lindsey Graham, who pushed the bipartisan legislation shortly before his death Saturday.
From 2002: Lindsey Graham's Senate campaign
In 2002, Lesley Stahl reported on retiring U.S. Sen. Strom Thurmond and spoke with the two men vying to replace him, Lindsey Graham and Alex Sanders. Graham died Saturday at 71.
Israeli Ambassador Michael Leiter on Iran
On "Face the Nation," Israeli Ambassador to the U.S. Michael Leiter said Israel is prepared to restart war with Iran if the U.S. requests it, as the U.S. and Iran trade fire. He also addressed Rep. Ro Khanna, who says he was detained by Israeli settlers in the West Bank.
Remembering Sen. Lindsey Graham's impact
Longtime Republican Sen. Lindsey Graham died early Sunday morning after a "brief and sudden illness," his office said. U.S. lawmakers and world leaders are paying tribute to the South Carolina native, and remembering his political and global impact.