Trump says he has "no intention of firing" Federal Reserve chief Jerome Powell
CBSN
President Trump said Tuesday he has "no intention of firing" Federal Reserve chair Jerome Powell, one day after the president called Powell a "major loser" and publicly lobbied the central bank chief to lower interest rates at a faster clip.
When asked by reporters in the Oval Office if he has any plans to fire Powell, Mr. Trump said he "never did" and claimed "the press runs away with things" — though he once again pressed Powell to cut interest rates, which remain elevated after the Fed hiked rates to quell inflation.
"This is a perfect time to lower interest rates," Mr. Trump said. "If he doesn't, is it the end? No, it's not. But it would be good timing."
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Real estate giant Compass is suing Zillow, alleging that the online property website is violating antitrust laws with a new rule that bans home listings from its platform if they appear on any other service for more than 24 hours before being posted on Zillow.
UnitedHealthcare , Kaiser Permanente and other major U.S. health insurers say they want to make it faster and easier for patients to obtain care.
The Oklahoma City Thunder beat the Indiana Pacers 103-91 in Game 7 of the 2025 NBA Finals to secure its first championship since 1979, back when the team was the Seattle SuperSonics.
A Tennessee judge on Sunday ordered the release of Kilmar Abrego Garcia, whose mistaken deportation has become a flashpoint in President Trump's immigration crackdown, while he awaits a federal trial on human smuggling charges. But he is not expected to be allowed to go free.
A 27-year-old bride was killed when gunmen attacked a wedding party in a village in southeastern France, with one of the assailants also dying during the assault, prosecutors said on Sunday.
On this "Face the Nation with Margaret Brennan" broadcast:
The following is the transcript of an interview with retired Gen. Frank McKenzie that aired on "Face the Nation with Margaret Brennan" on June 22, 2025.
The following is the transcript of an interview with Democratic Sen. Tim Kaine of Virginia that aired on "Face the Nation with Margaret Brennan" on June 22, 2025.
A bulletin from the National Terrorism Advisory System warns of a "heightened threat environment in the United States" following the U.S. military strikes on Iran's nuclear sites.
Secretary of Defense Pete Hegseth is set to hold a news conference Sunday to give updates following President Trump's decision to strike a trio of Iranian nuclear sites Saturday evening.
Jane Dorotik has spent two decades fighting for her freedom. The California mother and wife was convicted of murdering her husband Bob in 2001, but always maintained her innocence.
This story previously aired on July 3, 2021. It was updated on June 17, 2025. NEWS REPORTS: The brutal murder of the Pelley family … Shot to death in their home Sunday morning … It thrust a small town into the national spotlight ... DET. BOTICH [ interrogation]: So. do you know who killed your mother and father, or your father and stepmother? DET. BOTICH [interrogation]: Did you have anything to do with it? NEWS REPORT: Tuesday lawyers laid out their cases to the jury in opening statements. NEWS REPORT: After calling more than 50 witnesses, prosecutors say all the facts point to Jeff Pelley. NEWS REPORT: The prosecutor started his closing argument letting the jury know it was his burden to prove the case. NEWS REPORT: But now the burden of deciding Jeff Pelley's fate is theirs. NEWS REPORT: One of Pelley's lawyers says his client is under a lot of stress now that the jury has the case.
Washington — President Trump said he would address the nation Saturday at 10 p.m. ET on the U.S. strikes on Iran. Mr. Trump announced earlier on social media that the U.S. had launched strikes against three Iranian nuclear sites.