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Silicon Valley Bank, Signature Bank failures ripple across the industry

The startling collapse of Silicon Valley Bank and Signature Bank continued to ripple across the American economy even as the U.S. raced to stabilize the banking system. In a bid to contain the risk of contagion, financial regulators announced Sunday that they will guarantee all deposits at the banks, while President Biden said Monday that […]

Full interview: Treasury Secretary Janet Yellen

Full interview: Treasury Secretary Janet Yellen – CBS News Watch CBS News Watch the full version of an interview with Treasury Secretary Janet Yellen that aired on March 12, 2023 on “Face the Nation with Margaret Brennan.” Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now […]

Biden to put Arctic waters off limits to new oil leases as Willow decision looms

The White House has been mulling the Willow decision for weeks. The deliberations have focused on the legal constraints posed by the fact that Conoco has held some leases for decades and “has certain valid, existing rights granted by prior Administrations, limiting the Biden Administration’s options,” the official continued. Stopping new oil leases, plus other […]

Full transcript of “Face the Nation” on March 12, 2023

On this “Face the Nation” broadcast, moderated by Margaret Brennan: Treasury Secretary Janet Yellen Rep. Ro Khanna, Democrat of California Rep. Michael McCaul, Republican of Texas Christopher Krebs, cybersecurity expert and analyst New Jersey Gov. Phil Murphy Click here to browse full transcripts of “Face the Nation.”     MARGARET BRENNAN: I’m Margaret Brennan in Washington. And […]

Pfizer migraine nasal spray Zavzpret wins FDA approval

FDA approves new nasal spray for migraines FDA approves new nasal spray for migraines 00:23 Pfizer said Friday that the Food and Drug Administration has approved a new nasal spray to treat migraines. Zavzpret, a branded formulation of the generic drug zavegepant, is the “first and only” calcitonin gene-related peptide receptor antagonist nasal spray for […]

Ron DeSantis, Nikki Haley make stops in Iowa

Ron DeSantis, Nikki Haley make stops in Iowa – CBS News Watch CBS News With the 2024 presidential campaign season underway, Florida Gov. Ron DeSantis and former South Carolina Gov. Nikki Haley were in Iowa Friday. While DeSantis has not yet announced his candidacy, he is considered by many to pose the biggest threat to […]

Grayscale, Boston Ballet lobby up

With help from Daniel Lippman NEW BUSINESS: The crypto investment firm Grayscale hired its first lobbyists in Washington as the firm prepared to kick off its lawsuit seeking to overturn the SEC’s rejection of their proposal to convert its Bitcoin trust into an ETF. — The firm hired Subject Matter’s Keith Castaldo, a former finance […]

U.S., EU search for climate truce — and a united front against China

After a winter during which the EU threw constant barbs at the U.S. over Biden’s signature climate law and its $369 billion of green incentives, many on both sides of the Atlantic are hoping the visit signals the beginning of a spring thaw. The message from Biden and von der Leyen was that whatever differences […]

5 questions for Lolita Darden

With help from Derek Robertson Lolita Darden of the United States Patent and Trademark Office (USPTO) Patent Public Advisory Committee (PPAC). (Photo by Jay Premack/USPTO) It’s Friday! That means it’s time for our weekly feature: The Future in 5 Questions. Today we have Lolita Darden, a SAG-AFTRA actor, patent attorney and director of the IP […]

Congress sends bill requiring declassification of Covid-19 origin intel to Biden

The bill requires the Office of the Director of National Intelligence to submit an unclassified report to Congress “with redactions only as necessary to protect sources and methods.” “By passing this bipartisan bill, Congress has sent a clear message that it’s critical to provide full transparency regarding what is known about how this pandemic started, […]

The White House’s health care wish list

With help from Ruth Reader and Megan R. Wilson President Joe Biden speaks about his 2024 budget proposal in Philadelphia on Thursday. | Evan Vucci/AP Photo PROPOSING PRIORITIES — The health care items in President Joe Biden’s budget proposal offer some movement forward on key policy concerns, including drug costs, the health workforce and access […]

Jobs report: U.S. added 311,000 jobs in February as hiring remained strong

Employers across the U.S. added 311,000 jobs in February, a sign the labor market remains solid even as the Federal Reserve tries to slow economic growth.  The figure, released Friday by the Department of Labor, was higher than economists’ expectations that employers had added about 208,000 jobs last month, according to financial data company FactSet. […]

Crypto’s safe space on Capitol Hill

Editor’s note: Morning Money is a free version of POLITICO Pro Financial Services morning newsletter, which is delivered to our subscribers each morning at 5:15 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro. […]

Manchin makes his moves: Tweaking Biden and courting GOP

Manchin says he’s not deciding on anything until the end of the year and is also pointedly refusing to rule out a presidential run on a third-party ticket. That gives him roughly nine more months to keep Washington guessing. In the meantime, he’ll keep exerting his political leverage, at least until he runs and Republicans […]

Kroger taps Boehner for merger push

With Daniel Lippman  KROGER HIRES SQUIRE: Grocery giant Kroger is bringing in the big guns in its bid to secure federal approval to merge with rival grocery chain Albertsons, enlisting former House Speaker John Boehner and a team of bipartisan lobbyists at Squire Patton Boggs to rally support for the deal despite antitrust concerns. — […]

Submarine scramble: Tech issues could threaten 3-nation megaplan for the Pacific

Most immediately, Australia is expected to serve as a forward base for a small number of U.S. submarines by the end of this decade. Then, Canberra will purchase at least three U.S.-made Virginia-class attack subs in the 2030s. Australia will also fund the construction of joint U.K.-Australia nuclear-powered submarines based on the British Astute-class boats. […]

George Santos masterminded 2017 ATM fraud, former roommate tells feds

Santos, whose full name is George Anthony Devolder Santos, often went by Anthony Devolder before his first congressional bid in 2020. The New York Republican won a Long Island swing district last November after lying on the campaign trail about his education, work experience and supposed Jewish ancestry. The House ethics panel initiated an investigation […]

The Innovator’s Dilemma, but for countries

With help from Derek Robertson Getty Images Who gets to run the future? The answer isn’t always clear in the moment. Forty years ago, Digital Equipment Corporation was a dominant tech giant thanks to its mini-computers, which were more compact than standard mainframes. Then even smaller, cheaper personal computers came along, and well, Digital Equipment […]

The Pentagon is funding experiments on animals to recreate ‘Havana Syndrome’

Symptoms have been described as severe headaches, temporary loss of hearing, vertigo and other problems similar to traumatic brain injury. DoD has also recently tested pulsed radio frequency sources on primates to try to determine whether their effects can be linked to what the government calls “anomalous health incidents,” according to one former intelligence official […]

Health centers, pharma pursue drug discount reform

With help from Ben Leonard, David Lim, Carmen Paun and Megan R. Wilson PhRMA and the National Associations of Community Health Centers have banded together to form the Alliance to Save America’s 340B Program. | Stan Honda/AFP/Getty Images NEW PLAYERS ON 340B — Drug giants are teaming up with community health centers, providers and consumer […]

The legal threat(s) to Gensler’s agenda

Editor’s note: Morning Money is a free version of POLITICO Pro Financial Services morning newsletter, which is delivered to our subscribers each morning at 5:15 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro. SEC Chair […]

FreedomWorks lays off 40 percent of staff

FIRST IN PI — MORE LAYOFFS DOWNTOWN: The conservative grassroots group FreedomWorks laid off 40 percent of its staff on Tuesday. “It’s heartbreaking but we have to learn the lessons from what went wrong in 2022 and we can’t pretend that there weren’t systematic problems to miss that red wave,” the group’s president Adam Brandon […]

Norfolk Southern’s accident rate spiked over the last decade

Norfolk Southern’s accident rate jumped 80.8 percent between 2013 and 2022, to 3.658 accidents per million miles traveled, from 2.023. Norfolk is one of seven “Class 1″ railroads. Overall, the group had 27 percent more accidents, a rate of 3.067 accidents per million miles traveled, up from a rate of 2.415 in 2013. The increased […]

Republicans take aim at Medicaid as budget talks heat up

“No one’s interested in doing anything other than saving it to make it more solvent for those that might need it down the road,” Sen. Mike Braun (R-Ind.) told POLITICO. “If you want to save [Medicaid] for future generations, it’s never too early to look at how to do that.” Biden, who is expected to […]

The right makes a new claim to the future

Getty When former President Donald Trump announced his plans for a “quantum leap” in the American standard of living last week, it struck many people as an unusually forward-looking platform for a politician whose nostalgic worldview is baked into his campaign slogan. One part was particularly unusual: His proposal to hold a design competition for […]

Biden prepares to release budget proposal with eye toward 2024

Washington — The White House is preparing to release President Biden’s annual budget proposal on Thursday, when he will lay out his administration’s priorities for the next fiscal year as he readies an expected reelection bid with Republicans in control of the House. The proposal is expected to include plans to strengthen entitlement programs by […]

Trump’s CDC director says Fauci shut down debate on Covid’s origin

Redfield said Fauci, who led the National Institute of Allergy and Infectious Diseases at the time, and Collins left him out because Redfield suspected the coronavirus had leaked from the Chinese lab. Fauci, who was not at the hearing, dismissed Redfield’s accusation as “completely untrue.” “No one excluded anyone,” he told POLITICO after the hearing. […]

Manchin to oppose Biden’s nominee to head IRS

Manchin’s move also comes as he faces the prospect of a tough reelection race next year in his Republican-leaning state. He has not said whether he’ll run for another term. Manchin’s opposition is unlikely endanger Werfel’s nomination, which appears assured. Werfel won bipartisan support on the chamber’s Finance Committee, with three Republicans there backing him. […]

Biden’s opioid policy paradox – POLITICO

With Megan Messerly, Carmen Paun and David Lim The Biden administration and the DEA might not be on the same page when it comes to giving doctors and patients access to an effective way to treat opioid addictions. | Patrick Sison/AP Photo AT ODDS — Federal agencies may be working at cross purposes in their […]

Powell’s inflation hedge – POLITICO

Editor’s note: Morning Money is a free version of POLITICO Pro Financial Services morning newsletter, which is delivered to our subscribers each morning at 5:15 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro. […]

Miller signs 3 more – POLITICO

With Daniel Lippman and Megan Wilson  MILLER SIGNS 3 MORE: Business is still booming for one of House Speaker Kevin McCarthy’s top allies downtown. Miller Strategies, the firm run by McCarthy fundraiser and confidant Jeff Miller, filed registration paperwork for three more new clients on Monday, bringing the firm’s total number of new clients since […]

The FBI, DoD and the shock of (facial) recognition

With help from Mohar Chatterjee and Derek Robertson An advanced surveillance camera in Greece. | Ayman Oghanna/Getty Images In Beijing, some street corners have dozens of cameras to track citizens. Moscow has facial recognition payment systems at metro stations. London police use that software to “tackle serious crime.” For most of the world, it’s clear: […]

U.S. military eyes mounting Western air-to-air missiles on Ukrainian MiGs

The effort, if successful, could be part of a solution to Kyiv’s need for additional firepower and air defenses as both Ukraine and Russia prepare for major offensives this spring. Senior American generals hosted Ukrainian military officials last week in Wiesbaden, Germany, for a set of tabletop exercises to help Kyiv get ready for the […]

Is the case really closed on Havana Syndrome?

With Carmen Paun and Daniel Lippman The Pentagon is testing weapon systems to determine what could cause Havana Syndrome’s symptoms. | Desmond Boylan/AP Photo DOD KEEPS WORKING ON HAVANA SYNDROME — The Defense Department continues to research what the government calls “anomalous health incidents” — including what might have caused them and whether a weapon […]

Fed hawks circling over Wall Street

Editor’s note: Morning Money is a free version of POLITICO Pro Financial Services morning newsletter, which is delivered to our subscribers each morning at 5:15 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro. Federal Reserve […]

Flying cars and the ‘vision thing’ primary

With help from Derek Robertson Former President Donald Trump holds a plastic astronaut figurine given to him by Apollo 17 astronaut and former U.S. Senator Jack Schmitt. | Chip Somodevilla/Getty Images Finally, Donald Trump has found a technology he likes. On Friday, the former president — who regularly bashes big tech and only recently began […]

Kansas plan that could help employers who pay disabled low wages is angering advocates

Patrick Chapman, 27, prepares for customers Thursday, March 2, 2023, at The Golden Scoop, an Overland Park, Kan., ice cream and coffee shop that employs workers with developmental disabilities, paying them more than minimum wage.  Heather Hollingsworth / AP Kansas legislators are considering a proposal that many disability rights advocates say would encourage employers to […]

Learning to live with Bernie

Republicans on the HELP Committee want to be more involved in planning bipartisan hearings. | Francis Chung/POLITICO CASSIDY’S CRY FOR HELP — The changes that Sen. Bernie Sanders is bringing to the Senate HELP Committee are already angering Republicans who accuse the Vermont senator of threatening long-standing bipartisan comity, Daniel reports. Ranking member Bill Cassidy […]

Extend Interview: Rep. Brad Wenstrup says House COVID subcommittee hasn’t “seen all that we want to see” about intelligence on virus origins

Extend Interview: Rep. Brad Wenstrup says House COVID subcommittee hasn’t “seen all that we want to see” about intelligence on virus origins – CBS News Watch CBS News Rep. Brad Wenstrup, who is the chair of the newly-created House subcommittee on COVID-19, tells “Face the Nation” that while they’ve seen some intelligence on the origins […]

Dr. Scott Gottlieb says COVID origins may never be known “with certainty,” but focus should be on “taking the steps” to ensure a lab leak never happens

Dr. Scott Gottlieb says COVID origins may never be known “with certainty,” but focus should be on “taking the steps” to ensure a lab leak never happens – CBS News Watch CBS News Former FDA commissioner Dr. Scott Gottlieb tells “Face the Nation” that “based on the premise that there’s a likelihood” that COVID-19 originated […]

China continues to block efforts to determine Covid’s origins, lawmakers say

Other U.S. agencies, though, have said they think it was probably due to natural transmission from animals to humans. “We have so few facts that, inevitably, different agencies are going to arrive at different conclusions,” Himes said. Himes is the ranking Democrat on the House Intelligence Committee. His view was shared by the panel’s chair, […]

2 Ukrainian pilots are in U.S. to determine fighter jet skills

“The program involves watching how Ukrainian pilots conduct their mission planning and execution in flight simulators in order to determine how we can better advise the Ukrainian Air Force,” the U.S. official said. A Defense Department official and another person familiar with the program said the aim is to evaluate how long it will take […]

The CHIPS Act: Rebuilding America’s technological infrastructure

You already know that there are computer chips in your computer and your phone. But you may not realize just how many other things in your life rely on chips. They’re also in your clocks, toys, thermostats, and every single thing in your kitchen. “Our demand for silicon chips is only going to grow as […]

Biden gets a rare hand from Big Business in quest to ease consumer pain

“The president has made clear for over a year now that a top priority is bringing down costs for folks,” said Bharat Ramamurti, deputy director of the National Economic Council and one of the officials spearheading the junk fee initiative. “The fact he’s willing to sharply call out certain behavior and highlight it is encouraging […]

Economic struggles force some retirees to move in with family

Economic struggles force some retirees to move in with family – CBS News Watch CBS News Home shortages and inflation have forced many retirees to move in with family members. The trend has also contributed to the growing popularity of housing options such as accessory dwelling units. Carter Evans has more. Be the first to […]

NextEra adds another outside firm

With Daniel Lippman NEW BUSINESS: Utilities giant NextEra Energy has picked up a new outside firm, expanding its already lengthy roster of outside lobbyists. The Florida-based energy company retained Evan ​Knisely’s firm Tides Group this week to lobby on energy policy, according to a disclosure. Tides Group joins 16 other firms in the utility’s stable […]

5 questions for Adobe’s Dana Rao

With help from Derek Robertson Adobe’s Dana Rao. | Adobe Happy Friday and welcome back to our weekly feature: The Future in 5 Questions. Today we have Dana Rao, executive vice president and general counsel at Adobe who ​​leads the company’s legal, security and policy organization. He’s also Adobe’s chief trust officer.  Rao is one […]

Where Walgreens won’t sell abortion pills

Walgreens won’t sell abortion pills in certain states, including some states that don’t have abortion bans. | Joe Raedle/Getty Images NOT FOR SALE — Walgreens won’t dispense abortion pills in some states without bans, acting out of an abundance of caution amid a shifting policy landscape, threats from state officials and pressure from anti-abortion activists, […]

Menendez, progressives float Fed picks

Editor’s note: Morning Money is a free version of POLITICO Pro Financial Services morning newsletter, which is delivered to our subscribers each morning at 5:15 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro. […]

House Dems strategize how to achieve a Speaker Hakeem Jeffries

This year’s Baltimore gathering marked a fresh test not just for Jeffries, but for the entire new troika of leaders, including Clark and Caucus Chair Pete Aguilar (D-Calif.). While lawmakers wouldn’t draw direct comparisons to their former head trio, they were endlessly optimistic that the new generation of leaders would usher in a younger, more […]

House Ethics Committee launches investigation into George Santos

House Ethics Committee launches investigation into George Santos – CBS News Watch CBS News The House Ethics Committee announced Thursday that it is opening an investigation into Republican Rep. George Santos of New York, who has been accused of lying about his background and experience. Santos is already facing other local, state and federal investigations. […]

EPA orders dioxin testing at Ohio train crash site

“In response to concerns shared with me by residents, EPA will require Norfolk Southern to sample directly for dioxins under the agency’s oversight and direct the company to conduct immediate clean up if contaminants from the derailment are found at levels that jeopardize people’s health,” Administrator Michael Regan said in a statement. EPA’s order also […]

Walgreens won’t distribute abortion pills in some states where they remain legal

The list includes several states where abortion in general, and the medications specifically, remain legal — including Alaska, Iowa, Kansas and Montana. For example, Kansas’ law that patients only obtain the pills directly from a physician is blocked in court. “There is currently complexity around this issue in Kansas and elsewhere,” said Fraser Engerman, Walgreens’ […]

Newsmax turns to K Street to wage war on DirecTV

With Daniel Lippman KINGSTON LOBBYING ON NEWSMAX CARRIAGE SPAT:Newsmax’s brawl with satellite provider DirecTVhas spilled over onto K Street, your host reports. The conservative news channel, which disappeared from DirecTV’s airwaves in January amid a dispute over fees paid to carriers, has enlisted former Rep. Jack Kingston (R-Ga.) and longtime GOP aide Tommy Andrews of […]

New Biden WMD strategy includes small nuke reactors

Context: In February, the Nuclear Regulatory Commission for the first time certified a new small modular reactor designed for domestic use. The company whose design was approved, NuScale Power, has already signed agreements to deploy its small nuclear reactor plants in 12 countries across Europe and the Middle East. “Nuclear technology is bending towards accessibility […]

Psst… when AIs talk among themselves

With help from Derek Robertson The ChatGPT interface. | Getty Images If we’re worried about what AIs can do in isolation, imagine what could happen if they were coordinating amongst themselves behind our backs. Well, according to the chatbots themselves, that is exactly what they’re doing: autonomously crawling the internet, finding other AI chatbots, striking […]

House Ethics panel launches investigation into Santos

“The House Committee on Ethics has opened an investigation, and Congressman George Santos is fully cooperating. There will be no further comment made at this time,” Santos said in a tweet. Santos has faced a litany of ethical questions after revelations he lied about core components of his educational and professional background. Multiple New York […]

FDA authorizes first at-home test for both COVID and the flu

Sick and wondering if you may have either COVID-19 or the flu? A new test cleared for use by the Food and Drug Administration promises to tell you just that.  The Lucira COVID-19 & Flu Home Test is available over the counter and delivers results from a self-collected sample in roughly 30 minutes. The new […]

A bipartisan health bill in HELP’s future?

With David Lim A bipartisan solution to the health care worker shortage is being discussed in Congress. | John Minchillo/AP Photo FIRST IN PULSE — Sens. Bernie Sanders (I-Vt.) and Bill Cassidy (R-La.) will ask health leaders today for input on the root problems and solutions for the health workforce shortage. In a letter to […]

A tough crowd for the digital dollar

Editor’s note: Morning Money is a free version of POLITICO Pro Financial Services morning newsletter, which is delivered to our subscribers each morning at 5:15 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro. […]

Vitter, Moffett lobbying for Libyan oil company

With Daniel Lippman VITTER, MOFFETT SIGN LIBYAN OIL COMPANY: Libya’s state-owned oil company has hired former Sen. David Vitter and former Rep. Toby Moffett of Mercury Public Affairs as the National Oil Corporation seeks to reassure foreign partners about its production abilities following years of political tension and upheaval. The contract is good for just […]

The dawn of 'based AI'

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Intel community bats down main theory behind ‘Havana Syndrome’ incidents

“We cannot tie a foreign adversary to any incident,” said one of the U.S. intelligence officials, who, like the other, was granted anonymity to speak more freely about the assessment. Investigators studied more than 1,500 reports from across the U.S. government that detailed symptoms ranging from headaches to dizziness, the intelligence officials said. “There is […]

Ron DeSantis and the rise of medical freedom

Gov. Ron DeSantis has a new vision for public health in America. | Scott Olson/Getty Images ALL EYES ON THE FREE STATE OF FLORIDA — Florida Gov. Ron DeSantis has helped bring the once-fringe medical freedom movement onto the national stage, and lawmakers across the country are paying attention, POLITICO’s Megan Messerly, Arek Sarkissian and […]

GOP tempts ‘24 Democrats with war on ‘woke’

Editor’s note: Morning Money is a free version of POLITICO Pro Financial Services morning newsletter, which is delivered to our subscribers each morning at 5:15 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro. In a […]

‘Four Battlegrounds’ shaping the U.S. and China’s AI race

With help from Derek Robertson AP Photo Artificial intelligence has already brought us killer robots, chat bots that can pen government speeches, programs that can process data faster than our mammalian minds, and software that can make apparently original art upon request. So it makes sense that world powers are racing to dominate this new […]

Pentagon tells Republicans ‘no evidence’ that weapons for Ukraine are being diverted

“What we’re not seeing is any evidence of significant diversion,” Kahl told lawmakers. “Our assessment is if some of these systems have been diverted it’s by Russians who have captured things on the battlefield, which always happens, but that there’s no evidence the Ukrainians are diverting it to the black market.” He added that Ukraine […]

Biden to warn of potential health care cuts

With Daniel Lippman President Joe Biden is delivering a speech today in which he’s expected to warn against health care spending cuts in the debt talks. | Getty Images BIDEN AND THE BUDGET CUTS — President Joe Biden will speak in Virginia Beach today, where he plans to slam Republicans for what the White House […]

DeSantis, Pence allies launching campaign to speed energy approvals

The effort underscores the importance that Republicans and their corporate allies have placed on using their narrow House majority to fast-track energy projects — even as leading members of the party wage vocal fights on issues such as Chinese surveillance and investigations into Biden’s family. But to pass the Senate, they will need support from […]

Will you receive Social Security checks after you retire?

Olivia Mitchell, a professor of business economics at Wharton, has warned her millennial children, now in their 30s, to lower their expectations about the Social Security checks they’ll receive when they retire. “They’re going to have to work longer,” Mitchell said. “They’re going to have to save more. And they’re going to have to expect […]

One House Republican’s unique anti-Santos pitch: Block him from profiting off his lies

The idea that once Santos leaves office, he could profit off of his story with a book or movie contract has privately percolated among — and annoyed — House Republicans. The bill would “prohibit Members of the House of Representatives who are convicted of offenses involving financial or campaign finance fraud from receiving compensation for […]

Millennials are deeper in debt than any generation

Americans in their 30s struggle with debt Americans in their 30s struggle with mounting debt 04:00 Americans are in debt by a combined $16.9 trillion, with that financial burden weighing especially heavily on older millennials, new government data shows. People ages 30 to 38 account for nearly $4 trillion of total household debt in the U.S. For […]

When courts control DeFi – POLITICO

With help from Derek Robertson Britain’s flag waves in front of the bell known as Big Ben in London. | Matt Dunham/AP Photo Score one for state oversight of decentralized finance. Last week, a London court ordered a DeFi developer to enable the transfer of $140 million worth of hacked crypto from one of its […]

‘We can’t find people to work’: The newest threat to Biden’s climate policies

“Having the technicians and the engineers and skilled mechanics, that is going to be a challenge in the United States,” Washington Gov. Jay Inslee, a prominent Democratic clean energy proponent whose own 2020 presidential platform helped shape some of Biden’s policies, said in an interview. Democrats’ Inflation Reduction Act includes $369 billion in clean energy […]

What’s ahead for Medicaid? Look to Arkansas.

Arkansas Gov. Sarah Huckabee Sanders seeks a work requirement that will limit Medicaid eligibility in the state. | Pool photo by Al Drago (RE)DETERMINED — With pandemic protections set to expire, Arkansas is preparing to check its residents’ eligibility for Medicaid — and fast, POLITICO’s Megan Messerly reports. Though the Biden administration gives states a […]

Trump attorneys claim Georgia grand jury foreperson’s interviews have tainted any possible charge of former president

Trump attorneys claim Georgia grand jury foreperson’s interviews have tainted any possible charge of former president – CBS News Watch CBS News Drew Findling and Jennifer Little, attorneys for former President Donald Trump in the Fulton County, Georgia, investigation, told Robert Costa that they “feel this process has been compromised” after the grand jury foreperson […]

Full transcript of “Face the Nation” on Feb. 26, 2023

On this “Face the Nation” broadcast, moderated by Margaret Brennan: CIA director William Burns Former Secretary of State Condoleezza Rice Reps. Mike Gallagher, Republican of Wisconsin, and  Raja Krishnamoorthi, Democrat of Illinois Drew Findling and Jennifer Little, attorneys for former President Donald Trump in the Fulton County, Georgia, investigation   Click here to browse full transcripts of […]

Open: This is “Face the Nation with Margaret Brennan,” Feb. 26

Open: This is “Face the Nation with Margaret Brennan,” Feb. 26 – CBS News Watch CBS News This week on “Face the Nation with Margaret Brennan,” we speak exclusively with CIA director William Burns and former Secretary of State Condoleezza Rice gives us her world view. Be the first to know Get browser notifications for […]

Sending F-16s ‘a question for a later time,’ national security adviser says

Sullivan elaborated on the president’s comments Sunday, saying the United States is “taking a very hard look at what it is that Ukraine needs for the immediate phase of the war that we’re in.” Right now, those needs include “tanks, infantry fighting vehicles, armored personnel carriers, artillery, tactical air defense systems” Sullivan said — but […]

Biden on economy: ‘It’s understandable why people are just down’

“I don’t blame people for being down, you know,” Biden said, “when you had the year, two years of the pandemic, kids out of school, the mental health problems in the country are seriously increased, especially among young people.” He added: “Inflation is still higher than it should be, and, you know, everything from gasoline […]

U.S. consumers undeterred by inflation, new numbers show

U.S. consumers undeterred by inflation, new numbers show – CBS News Watch CBS News Although U.S. inflation continues to remain high, it’s not stopping Americans from spending on everything from everyday essentials to pricey vacations. A Commerce Department report released Friday found that consumer spending rose 1.8% in January. Michael George has the details. Be […]

Why Russia’s war is causing blackouts in Asia

One year into Russian leader Vladimir Putin’s assault on Ukraine, deep fault lines are being exposed in the global energy system — especially between rich and poor nations. Those that can afford to pay rising prices are buying up energy resources such as natural gas, while preparing for climate change by developing renewable power such […]

USS Nimitz in ready position as China tensions rise

USS Nimitz in ready position as China tensions rise – CBS News Watch CBS News Pilots on the USS Nimitz in the western Pacific Ocean regularly train for a potential conflict with China. Close calls between the U.S. and China happen on a near daily basis over the South China Sea. Norah O’Donnell reports. Be […]

China weighs sending drones, ammunition to Russia for Ukraine war

“We haven’t seen them provide lethal aid to Russia yet but we also have noticed that they haven’t taken it off the table,” Gen. Pat Ryder told reporters Friday. If China sends Russia weapons, it could alter the fighting on the ground, tipping the fight in favor of Moscow — a reality the U.S. and […]

Why the NRA’s chief lobbyist left

With Daniel Lippman WHY THE NRA’S CHIEF LOBBYIST LEFT: The National Rifle Association’s top lobbyist left the scandal-plagued gun rights group this week after nearly two decades, but Jason Ouimet insisted in an interview that the organization’s recent turmoil played no role in his departure. — “There’s been stuff surrounding the NRA for honestly, for […]

FDA authorizes first at-home combo flu/Covid test

“This is a major milestone for Lucira Health and at-home diagnostics, and I can’t thank our employees and partners enough for seeing this through, and of course, for the FDA’s recognition,” said Erik Engelson, president and CEO of Lucira. Disease burden: The U.S. flu season peaked early last fall and cases are now low, according […]

5 questions for Applied Intuition’s Sunmin Kim

With help from Derek Robertson Applied Intuition’s Sunmin Kim. | Applied Intuition Welcome back to our weekly feature: The Future in 5 Questions. Today we have Sunmin Kim, director of public policy for Applied Intuition — the software startup that the U.S. Army tapped in November to build a modeling and simulation platform for their […]