New data shows Americans are saving less
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.
Scott Bessent
Sources: Trump yet to approve Iran truce
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.
Bessent addresses potential $250 bill
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.
Watch: Bessent holds White House press briefing
Treasury Secretary Scott Bessent held court at the White House press briefing Thursday. Following Bessent's remarks, CBS News' Natalie Brand provided more context.
Bessent, Loeffler and Leavitt take questions
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.
Bessent, Fed's Powell met with bank CEOs over potent new Anthropic AI
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.
Rep. Rick Crawford on Iran's new leader, more
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.
Bessent on Trump accounts, Federal Reserve
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.
Trump threatens Canada with 50% tariff on aircraft sold in U.S.
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.
Bessent defends Powell probe, Trump Accounts
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.
Read the full transcript of Kelly O'Grady's interview with Scott Bessent
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.
Bessent touts Trump Accounts as "rainy day fund"
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.
Bessent touts Trump Accounts as rainy day fund, slams critics as "out of touch"
Treasury Secretary Scott Bessent emphasized the benefits of Trump Accounts and addressed affordability concerns in an interview with CBS News.
Bessent makes pitch for Trump Accounts
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.
Full interview: Treasury Secretary Bessent
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.
Bessent defends Powell probe: "Independence does not mean no accountability"
Treasury Secretary Scott Bessent tells CBS News that Federal Reserve officials must be "beyond reproach" in communicating with the public.
Bessent defends DOJ probe into Fed chair
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.
Feds yank contracts with Booz Allen Hamilton after Trump tax leak
Treasury Department ends contracts with consulting firm Booz Allen Hamilton after a former contractor leaked tax returns, including info for President Trump.
Stocks slide after Trump threatens European allies with tariffs
U.S. stocks sank on Tuesday following President Trump's weekend threats to impose tariffs on some NATO trading partners.
U.S. Treasury Secretary pushes for Minnesota fraud crackdown
U.S. Treasury Secretary Scott Bessent announced the creation of a new IRS task force and other measures to combat fraud, underscoring the Trump administration's focus on Minnesota amidst the immigration crackdown.
10/26: Face the Nation with Margaret Brennan
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.
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.
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.
Live
Trump says Iran agreed to nuclear inspections, but Tehran denies claim
Iran insists there are no plans for inspections of its bombed nuclear sites, but Trump says Tehran "fully and completely" agreed to let inspectors return.
N.Y. House primaries test Mamdani's influence, and more races to watch today
Voters are going to the polls Tuesday for contests in New York, South Carolina, Maryland and Utah.
Nancy Guthrie ransom note, believed to be from abductor, said she died, sources say
Authorities believe two ransom notes addressed to Nancy Guthrie's family — including one saying she had died — were likely sent by the person or group of people who abducted her.
Senate passes landmark housing affordability bill after bipartisan breakthrough
The Senate passed a bill aimed at lowering housing costs on Monday after a major breakthrough and rare bipartisan consensus.
Medicare's AI push snarls patients and doctors in errors and delays
Medicare is testing the use of artificial intelligence to preapprove several healthcare services.
Trump says proof that vandals cut Reflecting Pool will be provided in court
President Trump has insisted that vandals, rather than questionable craftsmanship, are responsible for the enduring problems following the Reflecting Pool's $14.7 million sealant job.
Tech stocks tumble for a second day. Here's what is behind the selloff.
Nvidia, Alphabet and other technology stocks fell as Wall Street shifted from rewarding AI spending to demanding evidence that it will produce outsized returns.
Judge blocks Trump administration's database of Americans' personal info
U.S. District Judge Sparkle Sooknanan said the administration violated the law when it created a centralized database of Americans' personal records.
AI on pace to bypass cybersecurity systems soon, "Five Eyes" spy partners warn
The most advanced artificial intelligence models are improving quickly enough to outsmart prevailing cybersecurity know-how within months, the Five Eyes spy agency alliance is warning.
U.S.
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Tech stocks tumble for a second day. Here's what is behind the selloff.
Nvidia, Alphabet and other technology stocks fell as Wall Street shifted from rewarding AI spending to demanding evidence that it will produce outsized returns.
Charlie Kirk murder suspect's ex-roommate can't testify at hearing, judge rules
The Utah judge in the murder case of Charlie Kirk's alleged killer has denied a defense request to force Tyler Robinson's former roommate to testify in person during the preliminary hearing.
Feds fight planned sale of personal items salvaged from the Titanic
Court documents referenced RMS Titanic's plan to sell artifacts including a bronze cherub, a necklace of gold nuggets and a heart-shaped pendant.
Actor James Handy's alleged killer found mentally incompetent for prosecution
A judge has found that a man charged with murder in the stabbing of actor James Handy isn't mentally competent for criminal court proceedings.
Millions of bees escape after truck crashes in Texas: "Remain indoors"
The owner of Moore Honey estimated that only about a quarter of the 408 hives would survive.
MoneyWatch
More MoneyWatch
Tech stocks tumble for a second day. Here's what is behind the selloff.
Nvidia, Alphabet and other technology stocks fell as Wall Street shifted from rewarding AI spending to demanding evidence that it will produce outsized returns.
AI on pace to bypass cybersecurity systems soon, "Five Eyes" spy partners warn
The most advanced artificial intelligence models are improving quickly enough to outsmart prevailing cybersecurity know-how within months, the Five Eyes spy agency alliance is warning.
Senate passes landmark housing affordability bill after bipartisan breakthrough
The Senate passed a bill aimed at lowering housing costs on Monday after a major breakthrough and rare bipartisan consensus.
Bipartisan housing bill aims to boost homeownership. Could it work?
The 21st Century ROAD to Housing Act, which has rare bipartisan support, would make it harder for major investors to hoard homes.
Coke and Pepsi rolling out QR codes linked to ingredient information
The QR codes will take soda drinkers to a website listing more than 140 beverage ingredients and their nutritional content.
Politics
More Politics
Charlie Kirk murder suspect's ex-roommate can't testify at hearing, judge rules
The Utah judge in the murder case of Charlie Kirk's alleged killer has denied a defense request to force Tyler Robinson's former roommate to testify in person during the preliminary hearing.
N.Y. House primaries test Mamdani's influence, and more races to watch today
Voters are going to the polls Tuesday for contests in New York, South Carolina, Maryland and Utah.
Trump says proof that vandals cut Reflecting Pool will be provided in court
President Trump has insisted that vandals, rather than questionable craftsmanship, are responsible for the enduring problems following the Reflecting Pool's $14.7 million sealant job.
Senate passes landmark housing affordability bill after bipartisan breakthrough
The Senate passed a bill aimed at lowering housing costs on Monday after a major breakthrough and rare bipartisan consensus.
Bipartisan housing bill aims to boost homeownership. Could it work?
The 21st Century ROAD to Housing Act, which has rare bipartisan support, would make it harder for major investors to hoard homes.
HealthWatch
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Medicare's AI push snarls patients and doctors in errors and delays
Medicare is testing the use of artificial intelligence to preapprove several healthcare services.
Confirmed Ebola cases in Congo top 1,000, deaths surpass 250, officials say
Confirmed Ebola cases in the outbreak in eastern Congo have reached 1,003, including 254 deaths, officials said, and tracing those who've been in contact with patients remains a major challenge.
Affordable healthcare emerges as a voter priority in purple Nevada
The Trump administration's cuts to Medicaid and SNAP may complicate Republican Gov. Joe Lombardo's reelection chances.
6/21: Sunday Morning
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
Fighting childhood obesity, for a healthier, longer life
In 1970, about 1 in 20 children were affected by obesity; today, it's 1 in 5. Dr. Jonathan LaPook looks at programs aimed at helping kids (and their families) get healthy the old-fashioned way, by eating right and exercising.
World
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India eyes a risky Everest mission to recover the body of "Green Boots"
A Mount Everest veteran tells CBS News why retrieving "Green Boots," whose remains have become a grim waypoint for climbers, would be a perilous mission.
Live
Trump says Iran agreed to nuclear inspections, but Tehran denies claim
Iran insists there are no plans for inspections of its bombed nuclear sites, but Trump says Tehran "fully and completely" agreed to let inspectors return.
2 killed, including police officer, in shooting in Montreal
The suspect was shot and killed "right away," according to police, and there was no immediate word on a possible motive.
Who is Andy Burnham, the man likely to be Britain's next prime minister?
U.K. Prime Minister Keir Starmer is resigning, and the man widely expected to replace him is a fellow Labour Party lawmaker known as the "King of the North."
Protests sparked by Kushner-backed resort plans gain steam in Albania
Plans backed by investors including Jared Kushner for a luxury resort in Albania drew protests that have grown into an anti-corruption movement.
Entertainment
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Entertainment
Clive Davis dies at 94
Clive Davis, known for propelling artists across genres to stardom, died Monday at the age of 94. "CBS Mornings" co-host Gayle King looks back at his legacy in the music industry.
Actor James Handy's alleged killer found mentally incompetent for prosecution
A judge has found that a man charged with murder in the stabbing of actor James Handy isn't mentally competent for criminal court proceedings.
Remembering the legacy of Clive Davis
Clive Davis, the legendary music mogul who shaped the careers of several superstars, died Monday at 94. Carter Evans looks back on his life.
Clive Davis collaborator remembers music mogul
After decades of building some of America's greatest hits, legendary music executive Clive Davis died Monday at 94. Narada Michael Walden, a singer-songwriter and record producer who worked closely with Davis, joins CBS News to reflect on the music mogul's legacy.
Clive Davis dies at 94
Legendary music executive Clive Davis, who helped shape the careers of generations of artists including Janis Joplin, Bruce Springsteen and Whitney Houston, has died at 94. Jim Aswad, executive editor for Variety, joins CBS News to discuss Davis' life.
Technology
More Technology
Medicare's AI push snarls patients and doctors in errors and delays
Medicare is testing the use of artificial intelligence to preapprove several healthcare services.
Use of AI, deepfakes growing in U.S. elections
Artificial intelligence-generated images, videos and deepfakes are becoming more common in political advertising to attack opponents or influence Americans' opinions. CBS News political director Fin Gómez joins to discuss.
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.
Waymo recalls robotaxis after some vehicles entered construction zone
The recall follows multiple incidents in which Waymo robotaxis drove past ramp-closure signs and into freeway construction zones.
Americans on AI's future impact
A Pew survey shows 40% of Americans think AI's future impact will be negative. MIT Sloan professor Eric So joins CBS News with more details.
Science
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Interstellar comet may be oldest object ever seen in solar system
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
6/21: Sunday Morning
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
Seahorses and seadragons, some of Nature's most curious creatures
Seahorses are unique ocean inhabitants with a head like a horse, a pouch like a kangaroo, a tail like a monkey, and the ability to camouflage themselves like a chameleon. They also exhibit an unconventional gender dynamic, in that the males do the work of carrying around fertilized eggs. Correspondent Conor Knighton goes in search of these fascinating fish – and their equally fascinating cousins, seadragons – at the Birch Aquarium at the Scripps Institution of Oceanography in California.
Watch: Pentagon releases 6 new UFO videos
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
Goblin shark seen alive in natural deep-sea habitat for the first time
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
Crime
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Crime
New details in Nancy Guthrie case
Investigators familiar with the case believe it is likely that two ransom notes sent to Nancy Guthrie's family were written by the person or group that abducted her. While the first note demanded millions in bitcoin, the second claimed that Nancy Guthrie had died, albeit not purposefully, according to sources who reviewed the notes. CBS News' Bradley Blackburn has more details on the case.
Deadly shooting in Montreal
Two people are dead, including a police officer, after a suspect opened fire at police in Montreal. The suspect is also dead. Shanelle Kaul reports on the investigation. Warning, some of the video is graphic.
Actor James Handy's alleged killer found mentally incompetent for prosecution
A judge has found that a man charged with murder in the stabbing of actor James Handy isn't mentally competent for criminal court proceedings.
Library shooting suspect apparently wanted Columbine-type massacre, police say
Two people were killed and a child was injured in a shooting inside a library in Chico on Monday, officials said.
Nancy Guthrie ransom note, believed to be from abductor, said she died, sources say
Authorities believe two ransom notes addressed to Nancy Guthrie's family — including a note that said she had died — were likely sent by the person or group of people who abducted her.
Space
More Space
Interstellar comet may be oldest object ever seen in solar system
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
Researchers find "Pink Planet" has salty clouds: "We were very surprised"
The "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
NASA chief defends choice of all-male crew for Artemis III mission
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Space station crew briefly moves to "safe haven" amid concerns over leaks
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Latest Galleries
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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.
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.
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.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Keeping older relatives safe in their homes
The cost of home care and assisted living rose almost 50% from 2019 to 2024. Ash-har Quraishi shows simple steps to take to help make your loved one's home safer so they can stay in it longer.
Benefits and risks of GLP-1 drugs for kids
Childhood and teen obesity rates have soared to record highs with about 1 in 5 living with obesity. The FDA has approved GLP-1 drugs for weight loss among kids 12 and older. Dr. Rachel Pessah-Pollack explains the risks and benefits, who may be a candidate and more.
World Cup fans take over U.S. cities
The World Cup is expected to bring in $17 billion across the U.S. Kelly O'Grady spoke to international fans about their experiences and a business owner who says the event "is like nothing we've ever seen before."
New details in Nancy Guthrie case
Investigators familiar with the case believe it is likely that two ransom notes sent to Nancy Guthrie's family were written by the person or group that abducted her. While the first note demanded millions in bitcoin, the second claimed that Nancy Guthrie had died, albeit not purposefully, according to sources who reviewed the notes. CBS News' Bradley Blackburn has more details on the case.
New details on Surfside condo collapse
A new federal report shows the likely cause of the 2021 Surfside condo collapse in Florida that killed 98 people. According to the report, the structure failures began three weeks before the building fell when two connections between garage columns and the pool deck gave way.