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Fed’s Lisa Cook pushes back on Trump firing threat, says she “never committed mortgage fraud”

Washington — Federal Reserve Governor Lisa Cook defended herself against allegations from the Trump administration that she made misrepresentations on mortgage documents, arguing in a new letter that she has “never committed mortgage fraud.” In the letter to the White House dated Wednesday, Abbe Lowell, Cook’s lawyer, said that attempting to fire Cook on the…

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Full transcript of “Face the Nation with Margaret Brennan,” Aug. 23, 2026

On this “Face the Nation with Margaret Brennan” broadcast, moderated by Margaret Brennan:  Neel Kashkari, Minneapolis Fed president and CEO Dr. Mehmet Oz, Centers for Medicare & Medicaid Services administrator   Dr. Scott Gottlieb, former FDA commissioner   Rep. Byron Donalds, Republican of Florida and candidate for governor  Rep. Seth Moulton, Democrat of Massachusetts and…

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Transcript: Rep. Byron Donalds on “Face the Nation with Margaret Brennan,” Aug. 23, 2026

The following is the transcript of the interview with Rep. Byron Donalds, Republican of Florida and candidate for Florida governor, that aired on “Face the Nation with Margaret Brennan” on Aug. 23, 2026. MARGARET BRENNAN: We go now to Florida Republican Congressman Byron Donalds. He’s also now his party’s gubernatorial nominee in the Sunshine State….

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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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