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National debt tops $40 trillion after doubling in less than a decade, Treasury data shows

The national debt topped $40 trillion, according to Treasury Department data released on Wednesday, representing a fiscal milestone that underscores the federal government’s mounting borrowing and interest costs.   The Treasury Department’s daily financial report shows that the nation’s debt reached $40.05 trillion on August 18, more than double its level in 2017. The federal debt has…

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Ukraine’s fired Defense Minister Mykhailo Fedorov calls for elections despite war with Russia

Ukraine’s former defense minister Mykhailo Fedorov called for an election Tuesday despite the country’s prolonged war with Russia, in what is seen as the largest challenge to President Volodymyr Zelenskyy’s power since the start of the conflict. Zelenskyy imposed martial law, which prohibits elections from being held, when Russian forces invaded the country in February…

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Activists who filmed themselves posing as Minnesota voters during primary elections may be in legal trouble

An undercover video could land a handful of activists in legal trouble. They pretended to be Minnesota voters during the primary. Members of a group once known as Project Veritas say they were testing Minnesota’s 53-year-old voter voucher law, but in videos now seen more than 7 million times, they may have broken the law instead. The…

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Trump family crypto business World Liberty gets preliminary approval to establish a bank

A trust company affiliated with the Trump family’s crypto business, World Liberty Financial, has received conditional approval to establish a bank. The Treasury Department’s Office of the Comptroller of the Currency (OCC) on Friday granted preliminary approval to World Liberty Trust Company to establish a bank charter, a move that would allow it to issue…

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Full transcript of “Face the Nation with Margaret Brennan,” Aug. 16, 2026

On this “Face the Nation with Margaret Brennan” broadcast, moderated by Ed O’Keefe:  Kentucky Gov. Andy Beshear, a Democrat  Rep. Don Bacon, Republican of Nebraska  Anthony Salvanto, CBS News executive director of elections and surveys  Pennsylvania state Rep. Chris Rabb Wall Street Journal reporter Sabrina Rodriguez, NOTUS reporter Paul Kane, The Atlantic staff writer Toluse…

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South Carolina to hold first 2028 Democratic presidential primary, DNC vote confirms

Democrats on Saturday approved a new presidential nominating calendar for 2028, cementing South Carolina’s place as the first official Democratic primary state, as the party looks to elevate states that better reflect its diverse coalition of voters. The vote came during the Democratic National Committee’s summer meeting in Austin, where members signed off on a schedule that…

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