Judge rules Lisa Cook can remain Fed governor for now as Trump tries to fire her
President Trump has said he is firing Cook from her role over allegations she made false representations on mortgage agreements several years ago.
Federal Reserve
Will Fed cut interest rates by half a point?
Revised data from the Bureau of Labor Statistics showed the U.S. economy added nearly a million fewer jobs for the 12 months that ended this past March than previously reported. CBS News MoneyWatch correspondent Kelly O'Grady has more.
What do major job revisions say about economy?
The U.S. labor market added 911,000 fewer jobs in the past year than earlier reported, the Bureau of Labor Statistics announced on Tuesday. CBS News MoneyWatch correspondent Kelly O'Grady has the details. Then, Douglas Holtz-Eakin, former chief economic adviser for the George W. Bush administration and former director of the Congressional Budget Office, joins with analysis.
Americans' confidence in finding a new job is crumbling
Americans' confidence in finding a new job fell to the lowest measure on record, new government survey shows.
Trump goes golfing amid economic slowdown concerns
Wall Street took hits on the market after hiring slumped in August. The economy added 22,000 jobs, far below expectations, fueling fresh concerns about a slowdown. Nikole Killion has more details.
Economists' top 3 takeaways from the dismal August jobs report
Employers added far fewer jobs last month than economists had predicted, prompting some experts to reassess the economy.
Warren prods Miran on Trump claims
Massachusetts Sen. Elizabeth Warren prodded Stephen Miran, President Trump's pick to join the Federal Reserve Board of Governors, about his ability to remain independent from politics in his new role.
Miran makes case as for Federal Reserve role
Stephen Miran, President Trump's pick to join the Federal Reserve Board of Governors, testified on Capitol Hill as he vies to fill the seat vacated by governor Adriana Kugler.
Hearing for Trump Federal Reserve board pick
Stephen Miran, President Trump's pick to join the Federal Reserve Board of Governors, is testifying on Capitol Hill. CBS MoneyWatch correspondent Kelly O'Grady breaks down Miran's remarks.
Hearing for Federal Reserve governor pick
President Trump's nominee to join the Federal Reserve Board of Governors, Stephen Miran, is testifying on Capitol Hill. CBS News' Kelly O'Grady reports.
7/27: Face the Nation
This week on "Face the Nation with Margaret Brennan," director of the U.S. Office of Management and Budget, Russell Vought, joins to discuss President Trump’s trip to a Federal Reserve facility with Fed Chair Jerome Powell ahead of his departure for Scotland. Meanwhile, The Ohio State University President Ted Carter joins to explain how he’s handling a new era of higher education amid the Trump administration’s push to assert control over private and public institutions across the U.S.
Court rules most of Trump tariffs are illegal
A federal appeals court on Friday ruled that most of President Trump's global tariffs are unconstitutional. Plus, a federal judge heard arguments on Friday from Federal Reserve Governor Lisa Cook's lawyers for an emergency temporary restraining order to block President Trump from ousting her. CBS News White House reporter Aaron Navarro has more.
Dow Jones dips after new July inflation data
The Dow Jones fell on Friday after new data showed inflation remained mostly steady in July, but with some prices edging up. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Biggest takeaways from the government's latest inflation data
Persistent inflation remains a pain point for consumers — and for the Federal Reserve as it weighs whether to lower interest rates.
Judge hears arguments on Lisa Cook's firing
A judge heard from both parties involved in a lawsuit concerning Lisa Cook's attempted firing by the Trump administration from the Federal Reserve Board of Governors. CBS News' Scott MacFarlane reports.
Trump administration's latest firings
Current and former Centers for Disease Control and Prevention workers protested changes at the federal agency as a judge receives Lisa Cook's lawsuit protesting President Trump's attempt to fire her from the Federal Reserve Board of Governors. CBS News' Skyler Henry and Natalie Brand report.
Lisa Cook sues to block Trump firing
Federal Reserve Governor Lisa Cook has filed a lawsuit against President Trump's attempt to fire her. CBS News' Natalie Brand has the latest.
Kyla Scanlon on Trump move to fire Fed governor
Economic commentator and New York Times bestselling author Kyla Scanlon joins CBS News to discuss President Trump's plan to fire Federal Reserve Governor Lisa Cook and Nvidia's upcoming earnings report.
Markets remain steady amid Trump's Fed clash
President Trump said he fired Federal Reserve Gov. Lisa Cook on social media, but Cook said she is not resigning. Despite Mr. Trump's announcement, stock markets appear unaffected by the news. CBS News' Ed O'Keefe and business journalist Kristin Myers have more details.
Trump's move to fire Lisa Cook could give him leverage over Fed board
Removing a top Fed official threatens to shake investor confidence in the central bank's long-standing independence, according to Wall Street observers.
Trump moves to fire Fed's Lisa Cook as she vows to sue
President Trump said Monday he has fired Lisa Cook from the Federal Reserve's Board of Governors. Her attorney countered that they plan to file a lawsuit challenging the move.
Trump clashes with Fed board member Lisa Cook
A standoff is brewing between President Trump and economist Lisa Cook. Mr. Trump tried to fire her, claiming "there is sufficient cause" to believe that Cook made false statements on one or more mortgage agreements. Cook fired back that "President Trump has no authority to remove her" from the independent Federal Reserve and vowed to file suit. Nancy Cordes reports.
Questions about Trump move to fire Lisa Cook
President Trump has taken his fight with the Federal Reserve to another level, demanding the removal of one of the Central Bank's governors. Overnight, Trump posted an apparent termination letter online, saying that he removed Lisa Cook over allegations that she committed mortgage fraud. But there are questions about Mr. Trump's authority to remove Cook. CBS News' Aaron Navarro and Jo Ling Kent break the situation down.
New Federal Reserve statement on Trump, Cook
The Federal Reserve on Tuesday issued a new statement regarding President Trump's move to fire Fed Governor Lisa Cook. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Trump comments on Taylor Swift, takes questions
President Trump took questions on a host of issues following his Cabinet meeting Tuesday at the White House, speaking about the Federal Reserve, his crime crackdown in Washington, D.C., Taylor Swift and Travis Kelce's engagement and more.
Trump says he'll meet with Putin in Budapest to discuss end to Ukraine war
President Trump said "great progress" was made in his call with the Russian president Thursday.
Live
Senate fails to advance funding bill for 10th time on Day 16 of shutdown
The Senate failed again to advance a bill to end the shutdown, and GOP leaders plan to bring up individual funding bills later in the day. Follow live updates here.
Senate votes on advancing Pentagon funding bill amid shutdown
The Senate is voting Thursday on advancing an individual year-long appropriations bill to fund the Pentagon as GOP leaders pursue an alternative approach to the shutdown.
Bolton case set to be presented to grand jury as DOJ prosecutors seek indictment
In August, the FBI searched John Bolton's home as part of an investigation into his handling of classified documents.
Immigration official: U.S. probing applicants' social media for "anti-American" views
The U.S. government is probing the social media of those applying for legal immigration benefits to root out "anti-American" activity, a top immigration official told CBS News.
FDA says these 16 brands of cinnamon contain elevated levels of lead
The FDA has identified 16 brands of ground cinnamon with elevated levels of lead that it says should be thrown out. Here's what to know.
Epstein accuser Virginia Giuffre details her claims in posthumous memoir
A posthumous memoir by Jeffrey Epstein accuser Virginia Roberts Giuffre offers an expanded account of her longstanding claims to have been sexually trafficked by the late financier to billionaires, politicians and Prince Andrew.
Thune says "time has come" for Senate vote on Russia sanctions bill
"I think we need to move," the Senate majority leader said, shortly after President Trump shared that he was on a call with Russian President Vladimir Putin.
How much lead is in your diet? What to know about reducing exposure
From cinnamon to protein powders, reports about high levels of lead in our food are raising questions about how to reduce exposure.