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Kashkari says inflation could be extended “the longer there’s back and forth” in Canada tariff fight

Washington — Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said Sunday that the tariff fight with Canada could extend U.S. inflation, should the tense trade dynamic that came to a head in recent days between the historically allied countries continue.  “The longer there’s back and forth on the trade front, just like…

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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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Walmart says it is using $2.9 billion in tariff refunds to lower prices for shoppers

Walmart said it is using billions of dollars in tariff revenue to lower prices as the company moves to appeal to consumers experiencing an affordability pinch due to higher inflation. The Arkansas-based retailer, which reported its earnings on Thursday, has received “substantially all” of the $2.9 billion in tariff refunds it was eligible for, executive…

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