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Fed will have “work to do” if inflation doesn’t fade, Warsh says in Jackson Hole speech

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…

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Jared Kushner and Democratic House leader Hakeem Jeffries met as midterm elections loom

House Minority Leader Hakeem Jeffries and President Trump’s adviser and son-in-law Jared Kushner met recently, a source familiar with the details confirmed to CBS News.  The private discussion comes less than three months before the midterms. Democrats are aiming to take control of the House in the November elections, with Jeffries in line to possibly…

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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: Neel Kashkari, Minneapolis Fed president and CEO, on “Face the Nation with Margaret Brennan,” Aug. 23, 2026

The following is the transcript of an interview with Neel Kashkari, President and CEO of the Federal Reserve Bank of Minneapolis that aired on “Face the Nation with Margaret Brennan” on Aug. 23, 2026. MARGARET BRENNAN: For more on what’s next for the American economy, we’re joined by Neel Kashkari, President and CEO of the…

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