The Federal Reserve should resist pressure from Trump, experts say
Read more at CBS News
Topics
-
Trump's missing the point on DEI and meritocracy, experts say
Experts in the DEI field say anti-discrimination programs are intended to produce merit-based systems. President Donald Trump has implemented anti-DEI executive orders.ABC News - 5h -
US central bankers resist Trump’s pressure to cut interest rates
Also in today’s newsletter, the White House’s U-turn on freezing federal fundingFinancial Times - 9h -
The Federal Reserve holds interest rates steady: Here's what that means for your money
The Fed paused rate cuts after its first meeting of the year — here's what that means for your credit card, mortgage rate, auto loan and savings account.CNBC - 1d -
No interest rate cut by Federal Reserve as inflation remains above target
The Federal Reserve did not apply a cut to its benchmark rate as inflation remains stubborn. CBS News business analyst Jill Schlesinger has more.CBS News - 1d -
From DEI to abortion, these 7 questions from Trump administration hint at what federal funds it seeks to freeze
A memo suggests federally funded programs related to supporting “illegal aliens,” foreign assistance, the U.S. International Climate Finance Plan, placing a “burden” on the use of domestic energy ...MarketWatch - 1d -
Federal Reserve to make first interest rate decision under Trump administration
On Wednesday, the Federal Reserve will make its first interest rate decision since President Trump took office. CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss what to ...CBS News - 1d -
Trump funding freeze a blatant violation of Constitution, federal law: Legal experts
The Constitution, federal law and court decisions make it clear: President Donald Trump's order to pause federal funding is against the law, legal experts tell ABC News.ABC News - 1d -
The federal return-to-office should happen in state capitals
Leveraging the return-to-work order could facilitate the relocation of tens of thousands of federal workers within months by building on where they already live and work.The Hill - 2d -
Trump's memo pausing federal aid is causing panic, Schumer says
President Trump's memo calling for a spending freeze on federal assistance is causing concerns among lawmakers. Entities that count on the aid are also alarmed. CBS News' Aaron Navarro reports.CBS News - 2d -
When is a person's sex determined? Trump has no conception, experts say.
On his first day back in power, President Donald Trump issued an executive order on gender that essentially states that males become males and females become female “at conception.”NBC News - 3d -
UK should learn from Donald Trump’s ‘boosterism’, Rachel Reeves says
Chancellor calls for more positivity about Britain’s strengths after returning from World Economic Forum in Davos. Britain needs to learn from Donald Trump’s “boosterism” and be more positive about ...The Guardian - 5d -
Trump testing limits of presidential power, but experts say his flex might not stick
Legal experts tell ABC News that the sheer number of presidential executive orders is unprecedented but whether or not they will stick is not guaranteed.ABC News - 5d -
Trump's canceling of 50 security clearances is unprecedented and partisan, experts say
By revoking the security clearances of 50 former officials, Trump appears intent on pleasing his supporters and punishing his perceived enemies.NBC News - 5d -
Who should the coaches select as NBA All-Star Game reserves? Here are my picks.
The fans have had their say, now it's the coach's turn.Yahoo Sports - 6d -
The Federal Reserve is likely to hold interest rates steady next week. Here's what that means for your money
The Fed is unlikely to cut interest rates again when it meets next week, delaying any relief from high borrowing costs.CNBC - 6d -
Trump Says States Should Manage Disasters. Former FEMA Leaders Agree.
“I’d rather see the states take care of their own problems,” the president said. Federal emergency managers from both parties have made the same argument.The New York Times - 6d -
What happened to the Trump ‘resistance’?
Disorganised and dispirited, those opposed to the president’s policies have grown unexpectedly quietFinancial Times - 6d -
JFK assassination documents should be declassified, Trump says
Unanswered questions and conspiracy theories have long dogged the assassinations, particularly the murder of President John F Kennedy.BBC News - 6d -
DoJ says it will prosecute officials who resist Trump’s immigration crackdown
Justice department directive comes amid slate of executive orders targeting US immigrants and asylum seekers. US politics live – latest updates Trump’s immigration orders designed to sow chaos ...The Guardian - Jan. 22 -
Former Trump adviser says Bolton ‘should be protected’
Former Trump senior adviser David Urban said he thinks former national security adviser John Bolton “should be protected” after President Trump revoked his Secret Service protection. “I don’t know ...The Hill - Jan. 22 -
Trump executive order says federal government only recognizes "two sexes"
The executive order means Americans won't be able to select "X" on passports any longer.CBS News - Jan. 21 -
This student loan relief may be most at risk under the Trump administration, experts say
With President Donald Trump back in the White House, a number of student loan programs face uncertainty. Trump is a vocal critic of debt forgiveness policies.CNBC - Jan. 21 -
Trump says Putin should make deal to end Ukraine war
President Trump said Monday that Vladimir Putin should make a deal to end the war in Ukraine and that "I think he's destroying Russia by not making a deal." CBS News senior foreign correspondent ...CBS News - Jan. 21 -
Trump's New Tariffs Could Lead To More Expensive Video Games, Expert Says
One of the first executive orders that President Trump discussed on Monday after his inauguration was a new 25% tariff for Mexico and Canada that is expected to become effective February 1 . A ...GameSpot - Jan. 21 -
Military leaders should expect Trump crackdown – from disloyalty to diversity
Despite tensions brewing with China, US president-elect is expected to ‘clean house’ with those who stray from agenda. Donald Trump inauguration – live updates As Donald Trump takes the oath ...The Guardian - Jan. 20 -
2025 NBA All-Star Game: Votes for starters, picks for who should be reserves, plus snubs
The West is deep this season and quality players are going to get snubbed. I say Luka Doncic should be one of them.Yahoo Sports - Jan. 20 -
The Trump Resistance Won’t Be Putting on ‘Pussy Hats’ This Time
The Democrats who mobilized against Donald J. Trump in 2017 feel differently about protesting his return.The New York Times - Jan. 19 -
Oilfield services group SLB resists rising pressure to exit Russia
US company’s chief executive tells investors its operations do not breach Biden administration’s sweeping new sanctionsFinancial Times - Jan. 17 -
John Bolton says Trump put "enormous pressure" on Netanyahu
Israeli Prime Minister Benjamin Netanyahu delayed the Cabinet vote on the ceasefire deal, citing a "last-minute crisis" with Hamas. The vote is now set for Friday. John Bolton, former U.S. ...CBS News - Jan. 16 -
Here are 7 steps homeowners and renters should take after a wildfire, experts say
If your primary residence was affected or completely destroyed in a wildfire, here are seven steps to take immediately, according to experts.CNBC - Jan. 15 -
UK should back tough Trump sanctions on Iran, report says
Former top UK official believes intensifying economic pressure on Tehran would erode internal support for regime. The UK should back Donald Trump’s expected maximum economic sanctions against Iran ...The Guardian - Jan. 12 -
Trump and Republicans Cannot Stop Electric Vehicles, Experts Say
More car buyers are expected to eventually pick battery-powered cars and trucks as prices fall and technology improves, even if Biden-era incentives disappear.The New York Times - Jan. 11 -
Here’s how a cleaning experts says you should be cleaning your couch — and how often
Learning how to clean your couch goes a long way in maintaining the appearance of your furniture. I spoke with cleaning experts for their advice on how to do it.NBC News - Jan. 10 -
A Trump playbook for ‘maximum pressure’ on Iran
At this late hour, the United States cannot afford more diplomacy on Tehran’s terms.The Hill - Jan. 10 -
Winter pressure bad as height of pandemic, NHS says
More than 5,400 patients a day are in hospital with flu, as delays in A&E and for ambulances mount.BBC News - Jan. 9 -
Trump says Newsom should resign as Los Angeles wildfires rage
President-elect Trump has cast blame on California Gov. Gavin Newsom (D) for the raging wildfires in the Los Angeles region, most recently calling for him to resign. “One of the best and most ...The Hill - Jan. 9 -
Special counsel's Trump report should be partially released, DOJ says
The Justice Department told a federal appeals court that the portion of special counsel Jack Smith's report on his investigation involving the 2020 election should be released to the public.CBS News - Jan. 8 -
The U.S. Economy Is Stuck in a Showdown Between Trump and the Federal Reserve
The president-elect wants lower interest rates but Jerome Powell sees them staying high.Inc. - Jan. 8 -
Trump’s tariff plans could devolve into hostile trading blocs, this expert says
President-elect Donald Trump may try to use tariffs to increase U.S. power in the global economy, but they likely will backfire and damage the U.S. economy, said Maurice Obstfeld, the former chief ...MarketWatch - Jan. 6
More from CBS News
-
Former NTSB chair assesses Washington, D.C., plane crash
The National Transportation Safety Board has launched an investigation into Wednesday night's midair collision between an American Airlines flight and a military helicopter. Former NTSB Chair ...CBS News - 26m -
Latest on investigation into deadly D.C. plane crash
A military helicopter on a routine training exercise collided midair with a passenger jet when approaching Washington, D.C.'s Reagan National Airport late Wednesday night. CBS News' Skyler Henry ...CBS News - 34m -
Marianne Faithfull, British pop star and Rolling Stones muse, dies at 78
Marianne Faithfull's first hit, "As Tears Go By," was recorded when she was just 17 years old after she met with the manager of the Rolling Stones at a party.CBS News - 40m -
From the archives: Marianne Faithfull on the hard road to becoming a legend
Singer and actress Marianne Faithfull, who was part of the 1960s British Invasion with her hit single "As Tears Go By," and who was a muse to Mick Jagger, died on Thursday, January 30, 2025, at age ...CBS News - 43m -
NBA icon Dwyane Wade reveals cancer diagnosis, surgery
Dwayne Wade underwent kidney surgery in December 2023 after a scan revealed a tumor.CBS News - 1h
More in Top stories
-
Immigrant Communities in Hiding: ‘People Think ICE Is Everywhere’
Schools, churches and shops are feeling the chilling effect of the fear of deportation. One minister said fewer congregants were showing up for services.The New York Times - 14m -
New Sex Trafficking Indictment of Sean ‘Diddy’ Combs Lists Two More Victims
Federal prosecutors filed an amended list of charges against the music mogul on Thursday and said he had coerced two additional women into sex acts.The New York Times - 15m -
In world's 'most controlled airspace', how could crash happen?
Experts say the deadly incident poses grave questions about how a collision was able to happen over the US capital.BBC News - 16m -
Arsenal sign Man City and England forward Kelly on loan
Arsenal sign Manchester City and England forward Chloe Kelly on loan until the end of the season after her rollercoaster January transfer window.BBC News - 16m -
What Caused a Crash Into the Potomac? For Trump, It Was Diversity.
In a briefing that recalled his most extreme first term remarks, President Trump said without any evidence that diversity initiatives caused the midair collision.The New York Times - 19m