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Newsweek is standing by a report that the magazine tracked down the founder of Bitcoin. The new digital currency is highly volatile, having lost half its value over the past three months.

Newsweek is standing by a report that the magazine tracked down the founder of Bitcoin. The new digital currency is highly volatile, having lost half its value over the past three months. It’s also attracting attention from the Treasury Department and the Securities and Exchange Commission. Ben Tracy reports.

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Hearings start for Biden's cabinet nominees

The Senate is kicking off a series of high-stakes confirmation hearings Tuesday for President-elect Joe Biden's top cabinet nominees. Lawmakers will question his picks to lead the Departments of State, Treasury, Homeland Security and Defense along with the director of national intelligence. CBS News senior White House correspondent Weijia Jiang joins CBSN from Wilmington, Delaware with more on the hearings, the upcoming impeachment trial and the new administration's expected first moves.

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