Coinbase CEO Brian Armstrong is making the case for a new bipartisan cryptocurrency bill backed by President Trump, telling CBS News on Thursday that it will broaden consumer protections and prevent a repeat of the FTX fallout. “The current status quo today is that there isn’t much clarity about what the rules are. And so…
A bond sell-off driven by investor fears over inflation and rising government debt has rattled markets and threatened to raise borrowing costs for everyday Americans looking to purchase a home or car. The yield on the 30-year Treasury reached 5.3% earlier this week, its highest level since 2007, while the 10-year Treasury yield, which influences…
7m ago ICE, Iran quietly worked together on deporting Iranians to Iran, emails show Los Angeles — U.S. immigration officials worked with Iran to deport Iranians in late 2025 and early 2026, newly released emails show, revealing a working relationship between the U.S. and Iranian governments despite tensions mounting between them. Hundreds of emails…
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…
Washington — President Trump on Wednesday announced he’s nominating Dr. Heidi Overton, a physician and deputy assistant to the president for domestic policy at the White House, to be the next head of the Food and Drug Administration. Overton, who earned her doctor of medicine from the University of New Mexico, has worked closely with…
American workers’ wages are once again failing to keep up with inflation — a painful financial déjà vu of the pandemic years. The repeat situation may feel even more acute given that many workers are still catching up from the 2021-2022 inflationary bout, when companies gave workers only moderate pay raises that fell short of four-decade-high price…
Washington — The United States and Canada have wrangled for decades over trade, poking each other interminably over sore spots like Canadian softwood lumber imports and U.S. access to Canada’s protected dairy market. Somehow, the two neighbors still managed to remain friends, allies and trading partners. Canadian soldiers fought alongside Americans in Afghanistan after 9/11….
Trump takes aim at longtime ally Oman as Strait of Hormuz remains gridlocked – CBS News Watch CBS News With no deal in sight to end the conflict in Iran or reopen the Strait of Hormuz, oil prices are up once again. Charlie D’Agata reports. Source link
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…
The following is the transcript of an interview with Rep. Don Bacon, Republican of Nebraska, that aired on “Face the Nation with Margaret Brennan” on Aug. 16, 2026. ED O’KEEFE: We turn now to Republican Congressman Don Bacon. He joins us from Omaha, Nebraska. Good morning, Congressman, and we understand it is your birthday. So…
