Washington — Federal Reserve governor Adriana Kugler will step down early from her post on the central bank’s board, the Fed announced Friday, creating an open position for President Trump to fill. The vacancy comes at a critical time for Mr. Trump, who has pressured the Fed to cut interest rates. Kugler’s replacement will sit
Ghislaine Maxwell, an associate of convicted sex offender Jeffrey Epstein, has been transferred from a federal correctional facility in Tallahassee, Florida, to a facility in Bryan, Texas, CBS News has learned. No reason was given for the move. Maxwell is serving a 20-year sentence after she was convicted in 2021 for her role in helping
Public broadcasting cuts and rural areas Public broadcasting funding cuts could lead to news blackouts in rural areas 03:03 The Corporation for Public Broadcasting said Friday it would begin winding down its operations after its funding was eliminated by the Trump administration and Congress. The CPB is a private nonprofit that serves as a steward
Washington — On the campaign trail, Donald Trump made a pledge: Under his leadership, in vitro fertilization would be covered for all women and couples seeking the treatment. “We are going to be paying for that treatment,” he said in an interview in August 2024. After taking office, President Trump signed an executive order directing
Carolyn Feinstein said she initially thought the message sent to her private email address on a late Friday afternoon was a scheme or a prank. It turned out that she was being fired from her federal job. Once Feinstein read the email, she discovered her work cellphone was no longer operating. Feinstein’s decade of work
President Trump on Thursday formally announced higher tariffs against more than 60 U.S. trading partners starting next week — just hours before the administration’s self-imposed midnight deadline. The president signed an executive order listing out tariff rates for imports from dozens of countries, including a handful that have cut trade deals with the administration and
President Trump on Thursday formally announced higher tariffs against more than 60 U.S. trading partners starting next week — just hours before the administration’s self-imposed midnight deadline. The president signed an executive order listing out tariff rates for imports from dozens of countries, including a handful that have cut trade deals with the administration and