Federal Reserve Chairman Kevin Warsh reaffirmed the central bank’s commitment to lowering consumer prices, acknowledging that inflation remains too high in a highly anticipated speech in Jackson Hole, Wyoming. During remarks at the Fed’s annual conference, Warsh said that recent government data shows inflation has cooled, but “they do not tell me that underlying trends…
Retirement is biting Generation X. Its oldest members will turn 62 next year, the earliest age at which people can claim Social Security benefits, with many Americans having too little saved to stop working even as the program faces its own funding crisis. Chris Branaman, 53, jokes that his retirement will be spent as a…
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…
The Taliban marked five years in power on Saturday, seeking to portray their government as in control even as aid and rights groups warned of escalating crises. Outside the former US embassy in Kabul, armoured Taliban vehicles took part in a parade, displaying flags and banners, and celebrating what the government described as “victory day”…
Washington — Senate Democrats demanded answers Wednesday about conditions aboard the USS Abraham Lincoln, following reports of food shortages, broken plumbing and mental health crises during the aircraft carrier’s record-setting deployment. In a letter to Defense Secretary Pete Hegseth and acting Navy Secretary Hung Cao, Sen. Richard Blumenthal, of Connecticut, called for the Navy to…
Tons of aid from regional partners began to roll into Colombia on Wednesday, as the search for survivors in the rubble of a powerful earthquake grew more desperate after the temblor razed buildings, buckled roads and crushed cars. The devastation has tested Colombia’s new president, Abelardo de la Espriella, and his government as it scrambles to respond to the disaster…
On this “Face the Nation with Margaret Brennan” broadcast, moderated by Margaret Brennan: Sen. Bill Cassidy, Republican of Louisiana Sen. Bernie Sanders, Independent of Vermont National Institutes of Health Director Dr. Jay Bhattacharya Nicole Sganga, CBS News homeland security and justice correspondent Click here to browse full transcripts from 2026 of “Face the Nation with…
The following is the transcript of an interview with Sen. Bernie Sanders, Independent of Vermont, that aired on “Face the Nation with Margaret Brennan” on Aug. 9, 2026. MARGARET BRENNAN: And we turn now to Vermont Independent Senator Bernie Sanders, who joins us from Burlington. Good morning to you, Senator Sanders. SENATOR BERNIE SANDERS: Good…
Hawaii voters go to the polls on Saturday for primaries in the heavily Democratic state, with Rep. Ed Case facing a primary challenger in the 1st District. Case, 73, has represented the 1st District, which includes Honolulu and other parts of Oʻahu, since 2019, having previously represented the 2nd District, which includes more rural parts…
