Education Department cutting nearly 50% of workforce

The Department of Education on Tuesday announced it is cutting its workforce by nearly 50% as the Trump administration proceeds with its plans to dismantle the agency. “Today’s reduction in force reflects the Department of Education’s commitment to efficiency, accountability, and ensuring that resources are directed where they matter most: to students, parents, and teachers,”

Lutnick says Trump’s policies are “worth it” even if they lead to recession

Washington — Commerce Secretary Howard Lutnick defended President Trump’s economic policies Tuesday, saying they are “worth it” even if they lead to a recession.  “These policies are the most important thing America has ever had,” Lutnick told CBS News in an interview when asked whether they would be worth it if they lead to a

Commerce secretary says Trump’s policies are “worth it” even if they lead to recession

Commerce secretary says Trump’s policies are “worth it” even if they lead to recession – CBS News Watch CBS News President Trump backed off doubling Canadian steel and aluminum tariffs after Ontario suspended a 25% electricity surcharge on several U.S. states. Nancy Cordes talked to Commerce Secretary Howard Lutnick, who brokered the truce with the

House passes funding bill, sending it to Senate before shutdown deadline

Washington — The House narrowly approved a stopgap measure Tuesday to keep the government funded through September, with Speaker Mike Johnson managing to largely keep his GOP conference united and pass the measure days ahead of a possible government shutdown.  The House passed the bill in a 217 to 213 vote, with one Republican opposing

Trump won’t double Canadian tariffs after Ontario suspends electricity surcharge

Washington — President Trump will not double tariffs on Canadian steel and aluminum imports, Commerce Secretary Howard Lutnick told CBS News, after Lutnick and Ontario Premier Doug Ford announced Canada would suspend its new 25% surcharge on electricity exports.  Ford and Lutnick announced the suspension of the electricity surcharge hours after Mr. Trump announced on