President Trump asked about the idea of firing Federal Reserve Chair Jerome Powell in a meeting with lawmakers this week, CBS News has reported, a legally untested move that follows years of on-and-off criticism of the Fed leader leveled by Mr. Trump. The president’s gripes with his handpicked Fed chair — whom he has called
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
(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
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
Public broadcasting funding cuts could lead to news blackouts in rural areas – CBS News Watch CBS News The potential loss of just more than $1 billion in federal funding to the Corporation for Public Broadcasting could impact the operations of smaller, rural-area NPR and PBS stations the most. Karen Hua reports. View CBS News
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
Washington — Marcella Powell is not a huge softball fan, nor is she a political junkie. So why did she travel more than 1,000 miles from her home in Pensacola, Florida, to Washington, D.C., to take part in Wednesday’s annual Congressional Women’s Softball Game? “When this came up, I was like, ‘I really want to