Steve Mnuchin to Congress: Raise the debt limit -- asap
With tax revenues coming in slower than forecast, the deadline for action is moving up, to GOP conservatives' chagrin
Steve Mnuchin
Cabinet members head to Capitol Hill to defend Trump budget
Top administration officials are heading to the hill to defend President Trump's budget plans
Treasury Secretary: Russia's Citgo deal a "national security issue"
Steven Mnuchin said federal officials will scrutinize a transaction that could give Rosneft a large stake in U.S. oil company
What Trump must overcome to hit 3% growth
Treasury Secretary Mnuchin says the president's target is doable, but the pitfalls ahead could make it daunting
U.S. slaps new sanctions on Venezuela's Supreme Court amid unrest
U.S. Treasury Dept. announced it is freezing assets of eight Venezuelan government officials, accusing them of abusing power
Mnuchin sidesteps question about Trump-Russia business ties at Senate hearing
Mnuchin was pressed to provide a complete list of any Trump associates with business connections to Russian sources
Kochs unveil campaign to ‘jolt’ stalled tax debate
The Koch Brothers are preparing to spend millions to ensure plans for tax reform aren't lost
Trump may want to break up big banks, but can he?
Splitting commercial and investment banking with a new version of the 1930s Glass-Steagall law would be a tough sell
Trump: Mnuchin "never" asked about releasing tax returns
"Honestly, he's never asked me about it," President Trump said, days after Treasury Secretary Steve Mnuchin said the president has "no intention" of releasing his tax returns
Cohn says people are "wasting time" on Trump's tax returns
Gary Cohn, director of the National Economic Council, said people are "wasting time" trying to get President Donald Trump to release his tax returns
Without Democratic support, Trump team to push tax overhaul
Latest move is a sign of intense partisanship over President Trump's outline for cutting tax rates to boost economic growth
Is Trump's tax cut the biggest ever? Nope
Treasury Secretary Steven Mnuchin touts the president's tax framework as the largest -- looks like Ronald Reagan's was larger
Treasury secretary: Tax plan about "unleashing economic growth"
After unveiling a framework for potentially "historic" tax cuts, Treasury secretary explains how cuts will be paid for
Treasury secretary on how Trump tax plan will be paid for
"The American economy has been held back and this is about unleashing economic growth," says Treasury Secretary Steven Mnuchin
Trump's tax plan is tall on promises, short on details
Gary Cohn, the White House Economic Council director, and Treasury Secretary Steve Mnuchin, released the administration's tax cut plan
The trouble with Trump's weaker dollar talk
The president has warned about the dollar's valuation, saying it's too high -- but here's why that's problematic
Signing executive orders, Trump pledges "big announcement" on tax reform Wednesday
President Trump signed three more executive orders related to taxes and regulatory reform, promising news on tax reform next week
Deficit hawks warn: Tax reform must be paid for
Administration says growth could finance tax reform, but GOP senate aide says any plan that swells deficit is “dead on arrival”
Trump administration denies Exxon a waiver for Russia project
Treasury Department denies oil giant's request to bypass sanctions and resume drilling in the Black Sea
Trump says tax bill with "massive" cuts coming next week
Bills on health care reform and a government funding measure are also expected to go to vote next week when Congress returns from recess
Treasury secretary: Growth will pay for "majority" of tax reform
Steve Mnuchin acknowledges eliminating loopholes and deductions will finance only a portion of the administration's overhaul plan
Mnuchin says tax reform by August unlikely
He had predicted in February that Congress would be able to pass legislation to overhaul the tax system before their August recess
These G-20 trade talks could be pretty contentious
Officials are set to meet in Germany, as the Trump administration gears up its America First approach to trade
How Russian oil-giant Rosneft could claim U.S. oil
Its loan to the Venezuelan company behind Citgo could trigger a claim on U.S. pipelines that only the White House could stop
Report: Treasury secretary eyes "ambitious timeline" for tax reform
Mnuchin admitted that it's an ambitious timeline and it could slip to later in the year
Live
Trump says Strait of Hormuz deal could happen soon amid talks
The president told reporters an announcement on the strait could happen soon, following talks between Iran and Oman.
Investigation
Company's safety record raises questions after massive L.A. warehouse fire
The massive food warehouse fire in Los Angeles in June followed a long run of fires at properties tied to one of the world's largest cold storage companies, a CBS News investigation has found.
At least 12 states report cyberattacks on water systems possibly linked to Iran
Cyberattacks on U.S. water systems that officials suspect may be linked to Iran-backed hackers have been reported in at least a dozen states, sources familiar with the matter told CBS News.
Trump denies U.S. running low on some munitions, says vast resupplies being made
President Trump is taking issue with recent reports of significant U.S. munitions shortages due to the war with Iran.
FAA probing Marine One safety incident around National Airport
When the helicopter that transports President Trump crosses the Potomac, Reagan Washington National Airport is required to impose a ground stop on air traffic.
Qdoba removes jalapeños as salmonella outbreak spreads to 27 states
At least 345 people — the majority in Colorado and Minnesota — have been sickened by a salmonella outbreak, according to the U.S. Centers for Disease Control and Prevention.
Cyclospora outbreak tied to lettuce now linked to 15 states, CDC says
Cyclospora cases have been reported in at least 47 states total this year, and investigators have continued to probe how many could be linked to a common contaminated source.
Meta says its AI model breached a third-party company during testing
Tech giant Meta revealed Wednesday that one of its artificial intelligence models hacked another organization during testing, the third time in recent weeks that an AI model has improperly accessed a third-party company.
FDA approves Moderna's mRNA flu vaccine after initial pushback
The U.S. Food and Drug Administration has approved a new seasonal flu vaccine from Moderna that uses mRNA technology, the drugmaker announced.
U.S.
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Meta says its AI model breached a third-party company during testing
Tech giant Meta revealed Wednesday that one of its artificial intelligence models hacked another organization during testing, the third time in recent weeks that an AI model has improperly accessed a third-party company.
FDA approves Moderna's mRNA flu vaccine after initial pushback
The U.S. Food and Drug Administration has approved a new seasonal flu vaccine from Moderna that uses mRNA technology, the drugmaker announced.
Most detailed images taken of sun's surface revealed: "Major step forward"
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.
More rescued beluga whales arrive in Texas as relocation effort continues
SeaWorld San Antonio welcomed seven more beluga whales on Tuesday, the latest development in the international effort to relocate dozens of the mammals from shuttered Canadian theme park Marineland.
Cyclospora outbreak tied to lettuce now linked to 15 states, CDC says
Cyclospora cases have been reported in at least 47 states total this year, and investigators have continued to probe how many could be linked to a common contaminated source.
MoneyWatch
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Meta says its AI model breached a third-party company during testing
Tech giant Meta revealed Wednesday that one of its artificial intelligence models hacked another organization during testing, the third time in recent weeks that an AI model has improperly accessed a third-party company.
FDA approves Moderna's mRNA flu vaccine after initial pushback
The U.S. Food and Drug Administration has approved a new seasonal flu vaccine from Moderna that uses mRNA technology, the drugmaker announced.
Some Gen Zers swap smartphones for "dumb" phones in a bid to unplug
"It really opens up your mind," said one 23-year-old who ditched smartphones to wean herself off social media.
Why SpaceX stock is falling despite strong revenue growth
Investors are focused on whether SpaceX will be able to deliver on its ambitious artificial intelligence agenda.
Disney partners with TikTok to offer creator content on its app
Disney and TikTok are teaming up to let users create short-form videos that draw on the entertainment giant's large stable of movies and TV shows.
Politics
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Trump denies U.S. running low on some munitions, says vast resupplies being made
President Trump is taking issue with recent reports of significant U.S. munitions shortages due to the war with Iran.
House candidate wins primary despite ending campaign, beating Trump endorsee
Thomas Smith won Michigan's 8th District GOP primary on Tuesday — even though he had suspended his campaign in mid-July. Even more surprisingly: He defeated a Trump-endorsed candidate.
FAA probing Marine One safety incident around National Airport
When the helicopter that transports President Trump crosses the Potomac, Reagan Washington National Airport is required to impose a ground stop on air traffic.
Senate confirms Dr. Erica Schwartz as CDC director
The Senate confirmed Dr. Erica Schwartz in a 51 to 44 vote.
$25 million reward offered for U.S.-born leader of powerful cartel
Juan Carlos González is the stepson of "El Mencho," who was killed by the Mexican military.
HealthWatch
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FDA approves Moderna's mRNA flu vaccine after initial pushback
The U.S. Food and Drug Administration has approved a new seasonal flu vaccine from Moderna that uses mRNA technology, the drugmaker announced.
Toddler twins reunited after cancer treatment
A video showing 3-year-old twins Millie and Maverick reuniting after one of them had to undergo cancer treatment hours away from their home has gone viral. Matt Gutman reports.
Cyclospora outbreak tied to lettuce now linked to 15 states, CDC says
Cyclospora cases have been reported in at least 47 states total this year, and investigators have continued to probe how many could be linked to a common contaminated source.
Qdoba removes jalapeños as salmonella outbreak spreads to 27 states
At least 345 people — the majority in Colorado and Minnesota — have been sickened by a salmonella outbreak, according to the U.S. Centers for Disease Control and Prevention.
As FDA approves marketing for nicotine pouches, some doctors sound alarms
One health advocate called nicotine pouches a "profound risk" for young people.
World
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Trump denies U.S. running low on some munitions, says vast resupplies being made
President Trump is taking issue with recent reports of significant U.S. munitions shortages due to the war with Iran.
More rescued beluga whales arrive in Texas as relocation effort continues
SeaWorld San Antonio welcomed seven more beluga whales on Tuesday, the latest development in the international effort to relocate dozens of the mammals from shuttered Canadian theme park Marineland.
$25 million reward offered for U.S.-born leader of powerful cartel
Juan Carlos González is the stepson of "El Mencho," who was killed by the Mexican military.
Baby "cocaine hippo" linked to infamous drug lord is rescued in Colombia
Colombia has around 200 so-called "cocaine hippos" living in the wild, all of which descended from a colony brought to South America by slain cocaine kingpin Pablo Escobar.
Record-low Danube River levels threaten shutdown of Hungary's nuclear plant
Three of four units of Hungary's Paks nuclear power plant were not in operation and the fourth was operating at about 50%, as of Wednesday morning.
Entertainment
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Entertainment
Inside the risky business of Broadway musicals
The costs of a Broadway musical production have skyrocketed in recent years. CBS News contributor Jamie Wax reports.
Aaron Pierre talks new series, "Lanterns"
Actor Aaron Pierre is starring as John Stewart in the new series "Lanterns." He tells "CBS Mornings" why this character is special to him, what it's like to join the DC Universe and how he managed undergoing surgery during the audition process.
Stranger rescues band from car troubles
A kind stranger named Ernie helped rock band The Autumn Kings make it to their tour stop after their car broke down in Wisconsin. Matt Gutman reports.
Ariana Grande on her plans to take break
One day after announcing she'll step back from the spotlight after her tour ends, Ariana Grande spoke directly to fans at Monday night's show in Chicago. The singer said the decision was her own and "was made from a thoughtful and empowered place."
Jordan Roth talks "The Shards"
Tony Award-winning producer Jordan Roth talks about starring in the "The Shards" and describes what it was like to go from behind the scenes on Broadway to making his major on-screen acting debut.
Technology
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Meta says its AI model breached a third-party company during testing
Tech giant Meta revealed Wednesday that one of its artificial intelligence models hacked another organization during testing, the third time in recent weeks that an AI model has improperly accessed a third-party company.
AI models are behaving unexpectedly. Experts warn of a "bumpy road" ahead.
AI models are engaging in unauthorized actions — in the most recent case, creating fake identities and attempting to persuade real people to approve malicious code.
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.
At least 12 states report cyberattacks on water systems possibly linked to Iran
Cyberattacks on U.S. water systems that officials suspect may be linked to Iran-backed hackers have been reported in at least a dozen states, sources familiar with the matter told CBS News.
Anthropic AI created fake profiles in hack
Two of the most powerful artificial intelligence agents created fake human profiles to try to trick people in attempted cyberattacks. Mashable tech editor Tim Werth joins CBS News to discuss.
Science
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Most detailed images taken of sun's surface revealed: "Major step forward"
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.
Bezos, DiCaprio set up massive wildlife fund
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.
Dramatic photos show lava spewing from Fuego volcano in Guatemala
Guatemalan officials on Monday began evacuating two villages near the Fuego volcano due to the ongoing eruption.
Rare footage of humpback whale birth captured on drone video
The footage is believed to be only the fourth complete humpback whale birth ever recorded on film anywhere in the world and the first-ever captured by drone.
Rare video shows humpback whale birth
A photographer operating a drone off the coast of Australia captured a humpback whale giving birth. It's believed to be the first time such a birth has been recorded by a drone.
Crime
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Crime
Questions about company in L.A. warehouse fire
Matt Gutman investigates Lineage Logistics, the company involved in the Los Angeles warehouse fire that left tens of millions of pounds of meat to rot, forcing a whole community to face foul odors and other health hazards.
Details on man arrested near Trump golf club
A man arrested outside President Trump's golf club in Rancho Palos Verdes, California, was already under investigation for robbery. Nikole Killion has the details.
New Mexico AG on suing DOJ over Epstein files
New Mexico is suing the Trump administration for access to files related to Jeffrey Epstein as it investigates the convicted sex offender's Zorro Ranch property. New Mexico Attorney General Raúl Torrez joins "The Takeout" to discuss.
Water system cyberattacks spread to more states
Several states are experiencing cyberattacks on their water systems after Minnesota reported at attack last week. CBS News homeland security correspondent Nicole Sganga has the latest.
Latest details from Lindsay Clancy trial
The murder trial of Lindsay Clancy wrapped its seventh day on Wednesday. Clancy has admitted to killing her three children, but her defense says she was experiencing an extreme mental health crisis at the time of their deaths. CBS News' Shanelle Kaul has more.
Space
More Space
Most detailed images taken of sun's surface revealed: "Major step forward"
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.
SpaceX rocket booster slams into moon, creating crater that could be 16 feet deep
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
Russian Soyuz brings three home after 8 months at space station
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
SpaceX's Super Heavy-Starship blasts off on 13th test flight
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.
Meteorite that hit home contains "alien world chemistry," experts say
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
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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.
Investigating the death of designer Sylvie Cachay
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.
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.
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
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Latest CBS News Videos
Ex-Sanders campaign adviser on El-Sayed's win
Abdul El-Sayed has defeated Rep. Haley Stevens in the Michigan Democratic Senate primary, CBS News projects. Corbin Trent, former national coordinator for the Bernie Sanders campaign, joins with analysis.
Former Defense Sec. Chuck Hagel on Iran war
Former Defense Secretary Chuck Hagel served from 2013 to 2015 in the Obama administration. He joins CBS News to discuss the latest developments in the Iran war as congressional lawmakers ask for more transparency and information about the conflict.
LIV Golf secures "lead investor" for 2027 season
The CEO of LIV Golf announced an investor agreement that he claims will allow the league to continue. The Athletic staff writer Gabby Herzig joins CBS News to discuss.
Inside the risky business of Broadway musicals
The costs of a Broadway musical production have skyrocketed in recent years. CBS News contributor Jamie Wax reports.
Unnerving report about AI deception
The United Kingdom's AI Security Institute reports that models from Anthropic and OpenAI "engaged in sustained, potentially harmful activity directed at real people and organizations" when they created fake identities in a deception attempt during a recent cybersecurity test. CBS News' Jo Ling Kent reports.