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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.
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.
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.
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.
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.
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 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.
Joe Lavorgna, counselor to Treasury Secretary Scott Bessent, joins "The Takeout" to assess how the government shutdown could affect the economy.
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.
Kyle Handley, an economist and adjunct scholar at the Cato Institute, joins CBS News to discuss the latest on tariffs and trade deals.
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.
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.
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.
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.
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.
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."
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.
Treasury Secretary Scott Bessent is testifying before the House Ways and Means Committee on Wednesday, while Defense Secretary Pete Hegseth is testifying before the Senate Appropriations subcommittee on the 2026 Defense Department budget. CBS News' Taurean Small has the latest updates.
Treasury Secretary Scott Bessent dodged questions from Rep. Lloyd Doggett about the Trump administration's efforts to revoke Harvard University's tax exemption. Doggett also pressed Bessent at a House Ways and Means Committee hearing on allegations that the IRS is releasing the personal information of millions of Americans to the Department of Government Efficiency.
Treasury Secretary Scott Bessent is testifying before the House Ways and Means Committee in Washington, D.C., where he boasted new Consumer Price Index data that showed cooling inflation. The rate did show a slight rise from April's numbers, however. Bessent also called out China after he spent days in London negotiating with senior Chinese officials on a potential trade agreement.
The U.S. and China have agreed on a "framework" to resolve some disputes that threatened to derail fragile talks between the two countries.
U.S. and Chinese officials met in London on Monday for a second round of trade talks. CBS News senior business and technology correspondent Jo Ling Kent has the latest on where things stand in negotiations to strike a deal between the world's two largest economies.
Treasury Secretary Scott Bessent tells "Face the Nation with Margaret Brennan" that President Trump and Chinese President Xi Jinping will have a conversation soon amid the tariff standoff, and he's "confident" the details of a trade agreement "will be ironed out" when they talk.
Treasury Secretary Scott Bessent said Moody's Ratings is a "lagging indicator" after the agency downgraded the U.S. credit rating. CBS News business contributor Javier David joins "CBS Morning News" with more.
Trade discussions between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng ended after a weekend of prolonged negotiations.
The shooter, who is also dead, shot 10 people in total, according to police. All eight who died were children under the age of 14, police said.
President Trump says he sent a U.S. delegation to Pakistan for another round of peace talks with Iran Monday but Tehran says it doesn't plan to participate.
The fate of the Iran war centers on highly enriched uranium, an essential ingredient for nuclear weapons. A post-Soviet-era operation that could inform a U.S. recovery mission in Iran.
As truck traffic increases, government and industry haven't been able to stop thousands of so-called "chameleon carriers," with deadly consequences.
Officers from the Iowa City Police Department heard gunfire while responding to a report of a large fight, the department said.
U.K. counterterrorism police are investigating a spate of arson attacks against Jewish sites in London.
Following President Trump's promise of mass deportations of undocumented immigrants, more than 200 immigration judges have been fired, forced out or retired, and are being replaced by what are advertised as "deportation judges."
One person was killed after a Cessna plane crashed into the yard of a home near Tampa, Florida, on Sunday morning.
President Trump has lobbed insults at Pope Leo XIV in response to his criticisms of the war in Iran, marking an unusually pronounced rupture between the leaders of the world's most powerful country and the world's largest Christian denomination.
The U.S. military said it launched another strike on a boat accused of ferrying drugs in the Caribbean Sea.
Canadian Prime Minister Mark Carney said in a video address released Sunday that Canada's strong economic ties to the United States were once a strength but are now a weakness that must be corrected.
On this "Face the Nation with Margaret Brennan" broadcast, U.N. Ambassador Mike Waltz and former Attorney General Eric Holder join Margaret Brennan.
U.N. Ambassador Mike Waltz said Sunday that the U.S. is "never going to take an approach of trust" with Iran as U.S. officials are set to head to Islamabad for a second round of talks this week.
Officers from the Iowa City Police Department heard gunfire while responding to a report of a large fight, the department said.
The deal, approved by the FCC, would create a company that owns 265 television stations in 44 states and Washington, D.C.
Rising jet fuel prices are forcing airlines to cut routes and trim schedules.
Prices dropped after Iran's foreign minister said the Strait of Hormuz is "completely open" for the remainder of the Israel-Lebanon ceasefire.
Households are starting to make room in their budgets for spending on generative AI subscriptions, new data shows.
The recall affects F-150 vehicles quipped with a six-speed automatic transmission produced between March 12, 2014, and Aug. 18, 2017, according to NHTSA.
The U.S. military said it launched another strike on a boat accused of ferrying drugs in the Caribbean Sea.
Canadian Prime Minister Mark Carney said in a video address released Sunday that Canada's strong economic ties to the United States were once a strength but are now a weakness that must be corrected.
On this "Face the Nation with Margaret Brennan" broadcast, U.N. Ambassador Mike Waltz and former Attorney General Eric Holder join Margaret Brennan.
U.N. Ambassador Mike Waltz said Sunday that the U.S. is "never going to take an approach of trust" with Iran as U.S. officials are set to head to Islamabad for a second round of talks this week.
The following is the transcript of the interview with Obama administration Attorney General Eric Holder that aired on "Face the Nation with Margaret Brennan" on April 19, 2026.
Former Trump Surgeon General Dr. Jerome Adams described Dr. Erica Schwartz as a "home run pick."
The order will open the door for more research into psychedelic drugs, including ibogaine, sources told CBS News earlier this week.
Casey Gould wanted to be a mom her whole life. Her long-awaited pregnancy went smoothly — until she saw something alarming.
President Trump nominated a new director for the Centers for Disease Control and Prevention on Thursday. Dr. Erica Schwartz is a former deputy surgeon general and retired Coast Guard rear admiral.
Health Secretary Robert F. Kennedy Jr. testified before the House Ways and Means Committee on Thursday, kicking off an expected sprint of seven budget hearings he'll attend over the next week.
The U.S. military said it launched another strike on a boat accused of ferrying drugs in the Caribbean Sea.
Canadian Prime Minister Mark Carney said in a video address released Sunday that Canada's strong economic ties to the United States were once a strength but are now a weakness that must be corrected.
The following is the transcript of the interview with Obama administration Attorney General Eric Holder that aired on "Face the Nation with Margaret Brennan" on April 19, 2026.
The following is the transcript of the interview with Amos Hochstein, Biden administration senior energy adviser and Middle East negotiator, that aired on "Face the Nation with Margaret Brennan" on April 19, 2026.
The following is the transcript of the interview with Mike Waltz, U.S. ambassador to the United Nations, that aired on "Face the Nation with Margaret Brennan" on April 19, 2026.
Hosted by Jane Pauley. Featured: The purge of immigration judges; seeking accountability in trucking accidents; Don Cheadle and Ayo Edebiri on Broadway; portraitist Michael Shane Neal; the legacy of woodworker George Nakashima; an operatic car salesman; and Earth Day stories of advances in sustainability.
Michael Shane Neal, perhaps America's greatest living portraitist, recently fulfilled a long-held ambition: to paint a living president. He talks with correspondent Martha Teichner about producing a portrait of former President Joe Biden. He also discusses "being in the zone" while painting a portrait; following in the footsteps of famed artists Everett Raymond Kinstler and John Singer Sargent; and becoming a TikTok fashion icon.
The celebrated actors are both making their Broadway debuts in a revival of David Auburn's Tony- and Pulitzer Prize-winner "Proof," about a brilliant mathematics professor with mental-health issues, and his daughter with issues of her own.
In this web exclusive, actors Ayo Edebiri ("The Bear") and Don Cheadle ("Hotel Rwanda") talk with Tracy Smith about making their Broadway debuts in the revival of "Proof." They also discuss their love of live theater, and the early roles that inspired their passion for acting.
Celebrated actors Don Cheadle and Ayo Edebiri are both making their Broadway debuts in a revival of David Auburn's Tony- and Pulitzer Prize-winner "Proof," about a brilliant mathematics professor with mental-health issues, and his daughter with issues of her own. Cheadle and Edebiri talk with Tracy Smith about exploring the dynamics of a parent-child relationship, and how their off-stage relationship helps them on-stage.
The process of making 30 billion tons of concrete every year produces more carbon pollution than all the world's ships and planes put together. Now, the North Carolina and Denmark-based Biomason is using biotechnology, including naturally-occurring microbes, to create "biocement" that's just as sturdy but emits much less CO2. David Pogue reports.
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy.
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.
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy. Correspondent David Pogue examines what Panthalassa's alternative to land-based data centers may mean.
The struggling shoe brand Allbirds announced it is exiting the footwear business and re-inventing itself as an artificial intelligence company. Max Darrow has more from San Francisco.
The process of making 30 billion tons of concrete every year produces more carbon pollution than all the world's ships and planes put together. Now, the North Carolina and Denmark-based Biomason is using biotechnology, including naturally-occurring microbes, to create "biocement" that's just as sturdy but emits much less CO2. David Pogue reports.
Over the past century, the cultivation and processing of wheat has led to strains of grain that are less nutritious, less flavorful, and more vulnerable to climate change. The researchers at Breadlab, at Washington State University, are trying to breed varieties of whole grains that are better for farmers, consumers – and taste buds. David Pogue reports.
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy.
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy. Correspondent David Pogue examines what Panthalassa's alternative to land-based data centers may mean.
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Five people were injured Sunday in a shooting near the University of Iowa's campus in Iowa City. No arrests have been made yet.
Eight kids ranging in age from 1 to 14 were killed Sunday morning in a Shreveport, Louisiana, mass shooting. Jason Allen reports.
Officials in Louisiana held a news conference after 10 people were shot in a domestic disturbance that left eight children dead. Corporal Chris Bordelon of the Shreveport Police Department, Mayor Tom Arceneaux and Chief Wayne Smith provided updates on Sunday afternoon.
Officers from the Iowa City Police Department heard gunfire while responding to a report of a large fight, the department said.
The shooter, who is also dead, shot 10 people in total, according to police. All eight who died were children under the age of 14, police said.
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.
The Artemis II astronauts flew back to the Johnson Space Center in Houston Saturday to cheers and applause from family members and hundreds of NASA workers.
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.
First, U.S. eyes Iran's highly enriched uranium. Then, Rachel Goldberg-Polin | 60 Minutes Interview. And, turning recordings of animals into music.
Eight kids killed in Louisiana shooting; U.S.-Iran ceasefire on shaky ground.
Retired California teaching assistant Angel Barba has been a baby squirrel foster mom for the last seven years. Italy Hod reports.
First-time homebuyers make up just 21% of the market, and they face record-high prices, high interest rates and stiff competition from baby boomers. Carter Evans reports.
Charlie D'Agata, Olivia Rinaldi and Lana Zak report on the current state of Iran war, what we know about peace talks and how the conflict is spiking fuel prices here at home.