Bessent announces crackdown on undocumented immigrants' use of U.S. banks
Treasury Secretary Scott Bessent told Arizona bankers the administration won't allow "risks posed by the extension of financial services to illegal aliens."
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Treasury Secretary Scott Bessent told Arizona bankers the administration won't allow "risks posed by the extension of financial services to illegal aliens."
Treasury Secretary Scott Bessent said Tuesday that a possible U.S.-Iran deal that would open the Strait of Hormuz might be within reach. CBS News' Olivia Rinaldi has the latest.
It's the latest effort by President Trump to make his mark on Washington, D.C.
Treasury Secretary Scott Bessent spoke exclusively with Kelly O'Grady about inflation, gas prices and Trump Accounts, which are now available.
In an exclusive interview with Kelly O'Grady, Treasury Secretary Scott Bessent reacted to high gas prices, inflation, President Trump's cryptocurrency earnings disclosure and the official launch of Trump Accounts for children.
Treasury Secretary Scott Bessent touched on the recent disclosure of President Trump's crypto earnings, the latest developments with the tax-deferred Trump Accounts, and the struggles facing the U.S. economy.
Treasury Secretary Scott Bessent speaks with CBS News' Kelly O'Grady about stock donations for Trump accounts, the war in Iran, President Trump's $1.4 billion in crypto earnings and more.
New government data shows Americans are saving less as the U.S. grapples with inflation and higher costs linked to the Iran war. Kristin Myers, ETF editor-in-chief for Asset TV, joins with more.
The White House confirmed the general outlines of an agreement to extend the ceasefire with Iran, but hastened to add that President Trump hasn't signed off yet. The Iranians deny that an agreement has been reached. CBS News' Nancy Cordes, Charlie D'Agata and Aaron MacLean have the latest.
Treasury Secretary Scott Bessent told reporters on Thursday that legislation was making its way through Congress to potentially clear the way for President Trump's face to appear on a proposed $250 bill commemorating America's 250th birthday.
Treasury Secretary Scott Bessent held court at the White House press briefing Thursday. Following Bessent's remarks, CBS News' Natalie Brand provided more context.
Treasury Secretary Scott Bessent, Small Business Administration administrator Kelly Loeffler and White House press secretary Karoline Leavitt spoke to reporters Wednesday about a wide range of issues at the White House press briefing. CBS News political reporter Zak Hudak provided analysis following the news conference.
Financial industry leaders met to discuss potential cyber risks posed by Anthropic's latest AI model, which has found weaknesses in every major computer operating system.
Treasury Secretary Scott Bessent said Thursday that the U.S. will escort ships through the Strait of Hormuz as Iran ramps up attacks on the crucial shipping channel. Republican Rep. Rick Crawford of Arkansas, chair of the House Intelligence Committee, joins "The Takeout" to discuss the state of the war.
President Trump celebrated a new federally-funded investment program, called Trump Accounts, aimed at giving kids a long-term financial foundation. Treasury Secretary Scott Bessent sat down with "CBS Saturday Morning" to discuss the initiative and the looming changes at the Federal Reserve.
President Trump is threatening Canada with a 50% tariff on any aircraft sold in the U.S., the latest salvo in his trade war with America's northern neighbor as his feud with Prime Minister Mark Carney expands.
In an interview with CBS News, Treasury Secretary Scott Bessent defended the DOJ investigation into Fed Chair Jerome Powell, saying, "I think that the message is that independence does not mean no accountability." He also addressed the new Trump Accounts, which are tax-deferred investment accounts created for every American child born between January 1, 2025 and December 31, 2028.
Treasury Secretary Scott Bessent addressed the ongoing investigation into Federal Reserve Chair Jerome Powell and the White House's new $1,000 "Trump Accounts" in an interview with Kelly O'Grady. Read the full transcript of their conversation.
President Trump is celebrating what he calls "one of the most transformative" policies of all time -- a new, so-called Trump Account for kids, with the U.S. government chipping in the first $1,000. Kelly O'Grady spoke to Treasury Secretary Scott Bessent.
Treasury Secretary Scott Bessent emphasized the benefits of Trump Accounts and addressed affordability concerns in an interview with CBS News.
CBS News MoneyWatch correspondent Kelly O'Grady spoke with Treasury Secretary Scott Bessent about the rollout of the administration's new retirement savings program: Trump Accounts. Riley Rogerson, politics and Congress reporter for NOTUS, and Eleanor Mueller, Congress reporter for Semafor, join to discuss.
U.S. Treasury Secretary Scott Bessent sits down with "CBS Saturday Morning" co-host Kelly O'Grady to discuss the Department of Justice's ongoing investigation into Federal Reserve Chair Jerome Powell, respond to critics of Trump Accounts and more.
Treasury Secretary Scott Bessent tells CBS News that Federal Reserve officials must be "beyond reproach" in communicating with the public.
Treasury Secretary Scott Bessent told "CBS Saturday Morning" co-host Kelly O'Grady that the Justice Department's investigation into Federal Reserve Chairman Jerome Powell should indicate to future Fed chairs that "independence does not mean no accountability." "The Fed has a very special relationship with the American people because it is the most powerful, unappointed group in the U.S.," Bessent said.
Treasury Department ends contracts with consulting firm Booz Allen Hamilton after a former contractor leaked tax returns, including info for President Trump.
Ahead of a flight from Turkey, President Trump secretly left Air Force One and was moved to another plane with the help of a catering truck, according to a source.
The 7.4 magnitude earthquake's epicenter was San José del Palmar, about 250 miles west of Colombia's capital, Bogota, officials said.
President Trump signaled he would be piling economic pressure on Iran as the stalemate continued and Tehran laid out new conditions to reopen the Strait of Hormuz.
A federal judge dismissed fraud charges against Indian billionaire Gautam Adani at the DOJ's request. But in an unusual twist, he refused to dismiss charges against some co-defendants and criticized the DOJ's handling of the case.
President Trump signed an executive order on childhood vaccine schedules Monday.
Two Senate Republicans released a set of 2021 texts that show Dr. Anthony Fauci discussing how to "weigh the potential risks against the benefits" of pregnant women taking COVID-19 vaccines.
Todd Blanche was sworn in as attorney general after the Senate narrowly voted to confirm the president's former defense lawyer to helm the Justice Department over the weekend.
In a 6,500-word post, the Meta CEO argues that superintelligence should be shared "with as many people and businesses as possible."
With no winner since May, the Powerball grand prize ballooned to the eighth largest in history.
There were no winning tickets sold for Monday night's $905 million Powerball jackpot, so the estimated grand prize for Wednesday night's drawing will be at least $975 million, Powerball says.
Appeals court ruling could open the door to a flood of litigation against Google, Meta and other social media players.
Despite a rash of foodborne illnesses in recent months, one expert said the nation's food supply is "remarkably safe." Here's what to know.
Temperatures last month averaged 76.9 degrees Fahrenheit as above-average warmth blanketed the U.S.
Todd Blanche was sworn in as attorney general after the Senate narrowly voted to confirm the president's former defense lawyer to helm the Justice Department over the weekend.
There were no winning tickets sold for Monday night's $905 million Powerball jackpot, so the estimated grand prize for Wednesday night's drawing will be at least $975 million, Powerball says.
Appeals court ruling could open the door to a flood of litigation against Google, Meta and other social media players.
Despite a rash of foodborne illnesses in recent months, one expert said the nation's food supply is "remarkably safe." Here's what to know.
In a 6,500-word post, the Meta CEO argues that superintelligence should be shared "with as many people and businesses as possible."
The issue arose when a skiff ran out of fuel off the coast of Alaska and called for assistance from nearby ships.
Ahead of a flight from Turkey, President Trump secretly left Air Force One and was moved to another plane with the help of a catering truck, according to a source, as the U.S. grappled with a threat from Iran.
Two Senate Republicans released a set of 2021 texts that show Dr. Anthony Fauci discussing how to "weigh the potential risks against the benefits" of pregnant women taking COVID-19 vaccines.
A federal judge dismissed fraud charges against Indian billionaire Gautam Adani at the DOJ's request. But in an unusual twist, he refused to dismiss charges against some co-defendants and criticized the DOJ's handling of the case.
Todd Blanche was sworn in as attorney general after the Senate narrowly voted to confirm the president's former defense lawyer to helm the Justice Department over the weekend.
President Trump signed an executive order on childhood vaccine schedules Monday.
Two Senate Republicans released a set of 2021 texts that show Dr. Anthony Fauci discussing how to "weigh the potential risks against the benefits" of pregnant women taking COVID-19 vaccines.
Taylor Farms, the company linked to this summer's lettuce-related parasite outbreak, is now recalling jalapeño pepper products after new concerns about salmonella. Tom Hanson reports.
As kids head back to school amid the worst measles outbreak in decades, President Trump signed an executive order slashing the number of vaccines recommended for children. Ed O'Keefe has the details and Dr. Jon LaPook discusses what parents should know.
Despite a rash of foodborne illnesses in recent months, one expert said the nation's food supply is "remarkably safe." Here's what to know.
President Trump signed an executive order on childhood vaccine schedules Monday.
Ahead of a flight from Turkey, President Trump secretly left Air Force One and was moved to another plane with the help of a catering truck, according to a source, as the U.S. grappled with a threat from Iran.
Valter Lavitola, a former journalist and import-export businessman who owns a restaurant in Rome, was close to former Italian premier Silvio Berlusconi.
The 7.4 magnitude earthquake's epicenter was San José del Palmar, about 250 miles west of Colombia's capital, Bogota, officials said.
More than 40 large wildfires are burning in the West, fueled by severe drought, as over 100 blazes scorch parts of western Canada.
The CEO of Etchea Energy described being inundated with calls after inadvertently planning an underground cable beneath a memorial to the fictional "Harry Potter" character.
Nearly 30 years after the killing of rapper Tupac Shakur, jury selection is underway for the man charged in connection with the murder, Duane "Keffe D" Davis. Celebrity attorney Chris Melcher joins CBS News to discuss.
Country music star Riley Green joins "CBS Mornings" to talk about his upcoming album, "That's Just Me," which is set for release in mid-September.
The winners of a Paw Patrol look-alike contest join "CBS Mornings" ahead of the "Paw Patrol: The Dino Movie" which premieres Aug. 14.
Some Taylor Swift songs were removed from several White House social media videos. CBS News contributor Caroline Polisi has more.
A legend among writers and reporters, and a leading practitioner of the "New Journalism," Gay Talese talks of a career writing about the famous and not-so-famous, from Frank Sinatra, to aging sports figures, mobsters and nudists.
Sen. Bernie Sanders on Monday called for more regulation of artificial intelligence, saying companies are losing control of the technology. On the same day, Meta released a new AI tool. Axios tech and policy reporter Maria Curi joins to discuss.
Appeals court ruling could open the door to a flood of litigation against Google, Meta and other social media players.
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.
In a 6,500-word post, the Meta CEO argues that superintelligence should be shared "with as many people and businesses as possible."
On this edition of CBS Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
The carnivorous Venus fly trap is native to the Carolinas, but its population is dwindling due to loss of habitat. Correspondent Seth Doane talks with botanist Julie Moore, who has spent much of her life helping to save these remarkable plants; and with Damon Waitt, director of the North Carolina Botanical Garden, who discusses the unusual traits of a species that Charles Darwin called the most interesting plant in the world. (Originally broadcast April 26, 2026.)
Matt Walker, a geneticist and the CEO of Kindred Companion Sciences, joins "CBS Mornings" with his gene-altered beagle, Bailey, to discuss creating future options for people with severe pet allergies.
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
Hollywood actor Leonardo DiCaprio and Amazon founder Jeff Bezos have announced a $200 million fund set to protect species on the brink of extinction. Carter Evans has the story.
Guatemalan officials on Monday began evacuating two villages near the Fuego volcano due to the ongoing eruption.
Lindsay Clancy's psychiatrist, Dr. Jennifer Tufts, is back on the stand Monday as the Massachusetts murder trial enters its third week. CBS News' Katrina Kaufman has more.
The man who prosecutors say orchestrated the 1996 killing of rap icon Tupac Shakur, Duane "Keffe D" Davis, is on trial almost 30 years after the drive-by shooting in Las Vegas.
The captain of a boat that overturned in New York Harbor was charged with reckless endangerment. Twelve people were saved, but a mother and her 5-month-old daughter died. Michael George reports.
Joe Shymanski, a, well-known Washington D.C. photographer, was murdered and dismembered in 2023. His ex-wife's former boyfriend, Brandon Holbrook, was convicted in the case. Shymanski's family still wonders if anyone else was involved.
C.C. Opanowski says it's still difficult to process the fact that a person she once loved was convicted of murder. She hopes that others can learn from her story.
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Following the discovery of Celeste Rivas Hernandez's remains in a vehicle registered to D4vd last fall, what were the key developments that led to charges this week? On this episode of "Case by Case," we examine all of the new details coming out of the case against singer-songwriter David Anthony Burke, who professionally goes by D4vd. "48 Hours" correspondent Natalie Morales and CBS News chief correspondent Matt Gutman break down what we know so far about Celeste's death and the alleged abusive relationship she had with the singer.
On Friday, June 5, Brendan Banfield was sentenced to life in prison without parole for orchestrating an elaborate plot to murder his wife, Christine Banfield, while carrying on an affair with the family's au pair, Juliana Peres Magalhães. The scheme involved luring an unsuspecting man, Joseph Ryan, to the Banfield home and attempting to frame him for the crime. "48 Hours" correspondent Anne-Marie Green and "48 Hours" producer Michelle Sigona share the most passionate moments from victim impact statements. You'll also hear from Brendan Banfield in court as he maintained his innocence.
A preliminary hearing offers the clearest look yet at the case against singer-songwriter D4vd, who is charged with the murder of 14-year-old Celeste Rivas Hernandez. "48 Hours" correspondent Anne-Marie Green is joined by Los Angeles Times investigative crime writer Richard Winton to unpack the latest courtroom developments, the prosecution's strategy, the defense's response, and the evidence that could determine whether the case advances to trial.
On April 29, prosecutors released a brief outlining their case against singer-songwriter D4vd, who has been charged in the murder of 14-year-old Celeste Rivas Hernandez. On this episode of "Case By Case," we examine the state's timeline of events, including the allegation that D4vd stabbed Celeste and went to great lengths to cover up the crime. Plus, an update on Nick Reiner who appeared in the same court just hours before D4vd. "48 Hours" correspondent Erin Moriarty and Los Angeles Times crime writer Richard Winton dig into the new details on both stories.
President Trump signed an executive order on Monday that lowers the recommended number of vaccines for children and encourages splitting up certain vaccines into separate doctor visits. Doctors spoke with CBS News about the order and suggested that parents speak with their children's pediatricians about what would be best for their kids.