Powell Defends $2.5 Billion Fed Headquarters Renovation in Response to Trump Admin

Fed Chair Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs on Capitol Hill in Washington on June 25, 2025. Kent Nishimura/Getty Images Federal Reserve Chair Jerome Powell responded in a July 17 letter to a senior Trump administration official who last week accused the leader of the nation’s central bank

Lawmakers Decry ‘Transnational Terrorism’ Against Falun Gong in US

(L–R) Piero Tozzi, senior policy adviser to Rep. Chris Smith (R-N.J.), Rep. Scott Perry (R-Pa.), Robert Destro, former assistant secretary of state for democracy, human rights, and labor, and Smith stand together with people who received certificates for quitting the Chinese Communist Party-affiliated organizations, in Washington, on July 17, 2025. Samira Bouaou/The Epoch Times WASHINGTON—Lawmakers

Iran’s president injured during Israeli strikes, U.S. intelligence sources say

Iranian President Masoud Pezeshkian was injured during one of Israel’s attacks on Iran, two U.S. intelligence sources have confirmed to CBS News.  The sources told CBS News that reports in Iranian state-run media are accurate that Pezeshkian was attending a Supreme National Security Council meeting when the Israeli strike happened. The state media report said

ICE to access personal data for Medicaid enrollees, including undocumented migrants

ICE to access personal data for Medicaid enrollees, including undocumented migrants – CBS News Watch CBS News U.S. Immigration and Customs Enforcement will gain access to personal data for millions of Medicaid enrollees, including undocumented migrants, as part of the Trump administration’s crackdown on illegal immigration. Camilo Montoya-Galvez reports. View CBS News In Be the