Biden hopes for "evidence" of possible debt ceiling deal by Friday's end
CBSN
President Biden told reporters Friday he hopes they will have evidence by the end of the night of a debt ceiling deal between White House negotiators and House Republicans.
"With regard to the debt limit, things are looking good," the president told reporters on the White House South Lawn. "I'm very optimistic. I hope we'll have some clearer evidence tonight before the clock strikes 12 that we have a deal. But it's very close, and I'm optimistic."
Asked to repeat himself over the roar of Marine One, the president said he's "hopeful we'll know by tonight whether we're going to be able to have a deal."
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The Trump administration has decided against implementing a proposal for Medicare and Medicaid to cover weight loss drugs, the Centers for Medicare and Medicaid Services said in a filing published Friday by the agency.
The Trump administration's sweeping cuts to the federal bureaucracy have included slashing a little-known government agency that channels grant money to America's libraries — a potentially crippling interruption to a funding lifeline for libraries around the country.
More employees at the National Institutes of Health are expected to be laid off in the coming days, multiple federal officials say, less than a week after an initial wave of cuts gutted many offices within the health research agency.
Theodore McCarrick, a once-powerful Catholic cardinal who was defrocked by Pope Francis in 2019 after a Vatican investigation determined he sexually molested adults and children, died Friday, according to Archbishop of Washington Robert McElroy. McCarrick was 94.
Elon Musk and the Department of Government Efficiency say they're using their access to the Social Security Administration data not only to investigate claims of waste and fraud, but also to examine claims that immigrants are abusing the system — even though undocumented immigrants contribute more to Social Security than they take.
Washington — A federal judge on Friday rejected an effort by the Justice Department to throw out a Tufts University Ph.D. student's challenge to her detention after she was taken into custody by immigration authorities or have her case moved to Louisiana, finding instead that her case should be transferred to Vermont.
NATO's top official says Russia needs to move more quickly to end the war in Ukraine, and he's been told by the U.S. that Moscow must "do more."
SpaceX Fram2 crew splashes down off California coast to close out historic trip around Earth's poles
A wealthy space tourist and three fellow adventurers plunged back to Earth aboard a SpaceX Crew Dragon capsule Friday, splashing down in the Pacific Ocean off the coast of southern California to close out the first crewed flight around Earth's poles.
The Trump administration's expansive new tariffs will likely lead to higher inflation and slower growth, and the Federal Reserve will focus on keeping price increases temporary, Fed Chair Jerome Powell said Friday.
Maseru, Lesotho — President Trump in March described Lesotho as a place "nobody has ever heard of," and then this week he hit the tiny African kingdom with the highest of his "reciprocal" trade tariffs for any single nation.
As stocks continued to slide after markets opened, President Trump is speaking at a $1 million dollar-a-person candlelight dinner Friday at Mar-a-Lago, according to an invitation reviewed by CBS News. The fundraiser is for MAGA Inc, a super PAC that supports Mr. Trump.
The following is the transcript of the full interview with NATO Secretary General Mark Rutte, which is airing on "Face the Nation with Margaret Brennan" on April 6, 2025.
Stocks in the U.S. opened sharply lower on Friday, extending a slide from the previous trading session triggered by President Trump's announcement of sweeping new tariffs on U.S. imports earlier this week.