Face the Nation: Himes, Gottlieb
Missed the second half of the show? Rep. Jim Himes and former FDA Commissioner Scott Gottlieb join.
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Missed the second half of the show? Rep. Jim Himes and former FDA Commissioner Scott Gottlieb join.
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."
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.
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.
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.