Gary Cohn warns tariffs could have inflationary impact if approach isn't "methodical"
Gary Cohn served as former President Donald Trump's chief economic adviser from 2017-18 and served as director of the National Economic Council.
Gary Cohn
Face the Nation: Cohn, Krebs, Becker
Missed the second half of the show? The latest on...Gary Cohn, who served as the head of the National Economic Council in the Trump administration, tells "Face the Nation with Margaret Brennan" that as the former president has proposed a new proposal for a 10% tariff on foreign imports, that if the U.S. starts "tariffing those products, we will have inflation", and as misinformation has been spreading online about voting in the 2024 presidential election, David Becker, Center of Election Innovation and Research executive director and CBS contributor, and Chris Krebs, former director of the Cybersecurity and Infrastructure Security Agency and CBS News cybersecurity expert and analyst, share their predictions with "Face the Nation with Margaret Brennan."
Cohn: Business community "open-minded" about Trump vs. Biden
IBM vice chairman Gary Cohn, who served as an economic adviser in the Trump administration, tells "Face the Nation" that right now, the "business community at this point is still open minded" about whether to support President Biden or former President Donald Trump in the 2024 election.
Gary Cohn on First Republic's likely sale
Gary Cohn, the former top economic adviser in the Trump White House and who is now vice chairman of IBM, tells "Face the Nation" that he believes the impending sale of troubled bank First Republic "will be a much faster process" than what happened with Silicon Valley Bank. But he says this is a "seismic moment" for the American people and whether they trust their banks.
Face The Nation: Cohn, Focus Group, D'Agata
Missed the second half of the show? The latest on the impending sale of the troubled First National Bank; Parents across the country on the impact gun violence is having on their children; and Russian forces launched another deadly offensive in Ukraine.
Cohn on bank "contagion effect"
Gary Cohn, the former top economic adviser in the Trump White House who is now vice chairman of IBM, tells "Face the Nation" that "when people lose confidence in a bank, deposits go out the door very quickly … there's a contagion effect."
Gary Cohn on the state of banking
The collapse of Silicon Valley Bank has brought on turmoil in the banking industry. Gary Cohn, a former Goldman Sachs executive and top economic advisor in the Trump administration, joins "CBS Mornings" to discuss the collapse and the latest action.
Transcript: Gary Cohn on "Face the Nation"
The following is a transcript of an interview with Gary Cohn that aired Sunday, Feb. 5, 2023, on "Face the Nation."
Gary Cohn on jobs, recession and debt ceiling
Gary Cohn, the former top economic adviser in the Trump White House and now vice chairman of IBM, discusses the strong January job numbers, the possibility of a recession in the first half of 2023 and the impact of failing to raise the debt ceiling.
Gary Cohn calls for drawdown of expanded unemployment aid
Cohn said the country needs to return to the "more traditional definition of unemployment."
Transcript: Gary Cohn on "Face the Nation"
The following is a transcript of an interview with former National Economic Council Director Gary Cohn that aired Sunday, May 17, 2020, on "Face the Nation."
Gary Cohn calls for drawdown of expanded unemployment aid
The former White House economic adviser said the government should need "transition out of the extraordinary measures that were justifiable 60 days ago, 90 days ago, into the real world of what is the continuous definition of unemployment."
5/17: Face The Nation
This week on "Face the Nation", as America continues to come out of its quarantine, the economic downturn continues to take its toll — hitting those who can least afford it the hardest.
Former Trump adviser on reopening the economy
Gary Cohn, President Trump's former chief economic adviser, joins "CBS This Morning" to talk about the economic impact of the coronavirus pandemic for our series Financial Fallout. Cohn was president and COO of Goldman Sachs during the last recession, and says we need to "take our clues" from the way COVID-19 is spreading in order to safely and cautiously reopen the economy.
Full transcript of "Face the Nation" on March 22, 2020
On this "Face the Nation" broadcast, we sat down with Dr. Anthony Fauci and Dr. Scott Gottlieb as well as Gary Cohn and Frederick Smith.
Transcript: Gary Cohn on "Face the Nation"
The following is a transcript of an interview with former National Economic Council Director Gary Cohn that aired Sunday, March 22, 2020, on "Face the Nation."
Ex-Trump adviser Gary Cohn says massive stimulus needed for coronavirus
The former top White House economic adviser says workers and businesses need a lifeline as the coronavirus shuts down vast swaths of the global economy.
Full transcript of "Face the Nation" on January 19, 2020
On this "Face the Nation" broadcast, we sit down with Gary Cohn, Jerry Nadler and John Cornyn.
Ex-Trump adviser Gary Cohn: China tariffs "totally hurt the U.S."
The former top White House economic adviser said he does not believe the tariffs imposed on billions of dollars worth of goods imported from China helped the U.S. reach a preliminary trade deal with Beijing.
Ex-Trump adviser Gary Cohn says China tariffs "totally hurt the U.S."
President Trump's former top economic adviser said he doesn't believe the tariffs on Chinese imports helped the U.S. reach a different outcome.
Transcript: Gary Cohn on "Face the Nation"
The following is a transcript of an interview with Gary Cohn, the former director of the National Economic Council, airing Sunday, January 19, 2020, on "Face the Nation.
Ex-Trump aide: China tariffs hurting U.S.
Former Trump economic adviser Gary Cohn said the trade war with China is backfiring on the U.S., hurting industries in America much more than those in China. Cohn spoke about tariffs and other economic issues with BBC News.
Today's political headlines
Attorney General William Barr says he thinks the FBI spied on President Trump's 2016 campaign. Jackie Alemany, author of The Washington Post's "Power Up" newsletter, joins CBSN to discuss the Attorney General's testimony and the rest of the day's top political headlines.
A look inside 'Kushner, Inc.'
Investigative journalist Vicky Ward joined "Red and Blue" to give an inside look at her new book "Kushner, Inc." She said there are moments when President Trump wants Jared Kushner and Ivanka Trump to leave Washington.
All the top Trump administration departures in 2018
Here are all the departures you probably long forgot about from the past year
House Ethics Committee will keep Matt Gaetz report under wraps — for now
The panel's ranking Democrat, Rep. Susan Wild, said there was "no consensus" on the issue and the committee agreed to reconvene on Dec. 5.
Justice Department calls for breakup of Google and sale of Chrome
The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.
How could the U.S. military be used for Trump's mass deportation plan?
Trump signaled this week that he would enlist the help of the U.S. military for his massive deportation operation.
Bryan Kohberger can face death penalty if convicted, judge rules
Bryan Kohberger is charged with four counts of first degree murder in the 2022 stabbing deaths of four University of Idaho students.
4 Trump Cabinet picks have sexual misconduct allegations in their past
Four men chosen by President-elect Donald Trump for top positions have been accused of varying degrees of sexual misconduct.
Former Dallas police officer Amber Guyger ordered to pay nearly $100 million in civil trial
Guyger was convicted six years ago of shooting and killing Jean in his apartment, which she said she thought was her own.
Are food recalls and outbreaks on the rise?
The FDA says America's food supply is still "one of the safest in the world," despite some recent high-profile recalls and outbreaks.
American dies in Laos amid reports that several tourists suffered alcohol poisoning
The American died in the tourist town of Vang Vieng, Laos, the State Department confirmed.
Chris Stapleton wins 4 CMAs but Morgan Wallen named entertainer of the year
Chris Stapleton took home four Country Music Association Awards and hardly left the stage on Wednesday night, while an absent Morgan Wallen won the night's biggest prize, entertainer of the year.
U.S.
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Capitol rioter with "kill list" convicted of plot to murder FBI agents
Edward Kelley distributed a "kill list" and videos containing images of FBI employees to another person as part of his "mission," prosecutors say.
Justice Department calls for breakup of Google and sale of Chrome
The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.
Are food recalls and outbreaks on the rise?
The FDA says America's food supply is still "one of the safest in the world," despite some recent high-profile recalls and outbreaks.
How collecting pine cones helps renew Oregon forests after wildfires
Conservationists are teaming up with the U.S. Forest Service and logging companies to clear scorched land and make room for new reforestation projects.
U.S. indicts Indian billionaire Gautam Adani in $265 million bribery scheme
Gautam Adani, one of the world's richest people, is accused of concealing that a solar energy project was being facilitated by an alleged $265 million bribery scheme.
MoneyWatch
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Justice Department calls for breakup of Google and sale of Chrome
The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.
Are food recalls and outbreaks on the rise?
The FDA says America's food supply is still "one of the safest in the world," despite some recent high-profile recalls and outbreaks.
Sheetz is cutting gas prices by 40 cents a gallon before Thanksgiving
As millions of Americans get ready to hit the road ahead of the Thanksgiving holiday, Sheetz is offering a deal on fuel.
Reddit is down for many users, reports say. Here's what to know.
Reddit says it's investigating after users on Wednesday reported problems connecting to the online forum.
Has life in the U.S. become too political? You can buy a house in Italy for $1.
A village in Sardinia is trying to entice politics-weary Americans to buy cheap homes in Italy.
Politics
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Analysis: Election conspiracies persist, even with different outcomes
Conspiracies persist, although it is effectively impossible to steal a major election in the United States.
How could the U.S. military be used for Trump's mass deportation plan?
Trump signaled this week that he would enlist the help of the U.S. military for his massive deportation operation.
House Ethics Committee will keep Matt Gaetz report under wraps
Rep. Susan Wild said there was "no consensus" on the issue and the committee agreed to reconvene on Dec. 5.
4 Trump administration picks have sexual misconduct allegations in their past
Four men chosen by President-elect Donald Trump for top positions have been accused of varying degrees of sexual misconduct.
Here's what experts say about the chances of another stimulus check
Some voters are hoping President-elect Donald Trump may send out another stimulus check. Here's what the experts say.
HealthWatch
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Are food recalls and outbreaks on the rise?
The FDA says America's food supply is still "one of the safest in the world," despite some recent high-profile recalls and outbreaks.
McDonald's pulls espresso drinks from some U.S. menus
Lattes and other espresso-based drinks may not be available at some McDonald's restaurants due to a glitch with coffee machines.
Florida Gov. DeSantis' Canadian drug import plan goes nowhere after FDA approval
Florida sued the FDA over what it said was a "reckless delay" in approving its drug importation plan. Now, nearly a year after the FDA gave the state the green light, the program has yet to begin.
As "walking pneumonia" spreads, ER visits surge for sick babies
CDC data shows rates of Mycoplasma pneumoniae have surged in babies.
Trump taps Dr. Mehmet Oz to lead key Medicare and Medicaid agency
Dr. Mehmet Oz unsuccessfully ran for Senate in 2022. Now he's Trump's choice to lead the Centers for Medicare and Medicaid Services.
World
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American dies in Laos amid reports that several tourists suffered alcohol poisoning
The American died in the tourist town of Vang Vieng, Laos, the State Department confirmed.
U.S. indicts Indian billionaire Gautam Adani in $265 million bribery scheme
Gautam Adani, one of the world's richest people, is accused of concealing that a solar energy project was being facilitated by an alleged $265 million bribery scheme.
Giraffes need endangered species protection, U.S. officials say
The U.S. Fish and Wildlife Service has proposed new protections for giraffes, saying their populations are threatened by poaching, habitat loss and climate change.
3 police officers, 4 cartel suspects killed near U.S. border
Drug cartel gunmen also attacked a funeral convoy of cars accompanying the body of one of the victims in the first attack, officials said.
China admits spy plane violated Japanese airspace, Tokyo says
China said the airspace violation occurred when the plane's pilot took emergency measures due to turbulence, Japan's Foreign Ministry said.
Entertainment
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Chris Stapleton wins 4 CMAs but Morgan Wallen named entertainer of the year
Chris Stapleton took home four Country Music Association Awards and hardly left the stage on Wednesday night, while an absent Morgan Wallen won the night's biggest prize, entertainer of the year.
Paul Mescal on what he learned from working with Denzel Washington
Paul Mescal discusses his experience working with Oscar winner Denzel Washington in "Gladiator II," and what it was like to work on intense scenes together.
Clay Aiken on his new holiday album
Award-winning singer Clay Aiken, who rose to fame on American Idol, joins "CBS Mornings Plus" to talk about his new holiday album, "Christmas Bells Are Ringing," and his rendition of Bing Crosby's "Do You Hear What I Hear?"
Paul Mescal on "Gladiator II"
Paul Mescal joins "CBS Mornings" to discuss his role as Lucius in "Gladiator II," the son of Maximus and Lucilla, who is thrust into the arena to fight for the Roman Empire 15 years after Maximus' death.
Paul Simon says group's steps toward hearing loss cure gives him hope
CBS News' Anthony Mason joins Paul Simon on a trip to the Stanford Initiative to Cure Hearing Loss, to explore how researchers are getting closer to finding answers about repairing and preventing hearing loss.
Technology
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Justice Department calls for breakup of Google and sale of Chrome
The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.
Reddit is down for many users, reports say. Here's what to know.
Reddit says it's investigating after users on Wednesday reported problems connecting to the online forum.
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Deepfakes of Elon Musk contribute to billions in fraud losses
A study found that Elon Musk is the most common celebrity used in deepfake scams.
SpaceX successfully tests Starship
SpaceX successfully launched its Super Heavy-Starship rocket from Texas for its sixth test flight Tuesday with its CEO Elon Musk and President-elect Donald Trump looking on. CBS News correspondent Jason Allen has more on the launch.
Science
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How collecting pine cones helps renew Oregon forests after wildfires
Conservationists are teaming up with the U.S. Forest Service and logging companies to clear scorched land and make room for new reforestation projects.
Restoring forests decimated by wildfires
Large wildfires fueled by climate change have destroyed tens of millions of acres of forests in the Pacific Northwest in recent years. Jonathan Vigliotti explores a major effort underway to restore those forests.
Giraffes need endangered species protection, U.S. officials say
The U.S. Fish and Wildlife Service has proposed new protections for giraffes, saying their populations are threatened by poaching, habitat loss and climate change.
Carcass of massive endangered whale washes ashore in Alaska
The carcass was comparable to the width of a college basketball court and female, according to biologists.
Energy Secretary Granholm on Trump presidency
Former leaders and climate experts have issued a letter calling the U.N.'s annual climate meeting "no longer fit for purpose." Recently, CBS News spoke with U.S. Energy Secretary Jennifer Granholm about the summit and what the incoming Trump presidency means for clean energy and climate change. The conversation took place before the president-elect made his pick for energy secretary.
Crime
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Capitol rioter with "kill list" convicted of plot to murder FBI agents
Edward Kelley distributed a "kill list" and videos containing images of FBI employees to another person as part of his "mission," prosecutors say.
Man convicted of murder in slaying of Laken Riley
A judge Wednesday found a Venezuelan migrant guilty on all counts in the murder earlier this year of Georgia nursing student Laken Riley. He was sentenced to life in prison without the possibility of parole. Manuel Bojorquez has the latest.
Bryan Kohberger can face death penalty if convicted, judge rules
Bryan Kohberger is charged with four counts of first degree murder in the 2022 stabbing deaths of four University of Idaho students.
Florida man arrested in alleged plot to bomb New York Stock Exchange
South Florida native Harun Abdul-Malik Yener was charged with attempted use of an explosive to damage or destroy a building used in interstate commerce.
"Rust" movie premieres in Poland
The "Rust" film premiere in Poland occurred three years after the fatal on-set shooting of cinematographer Halyna Hutchins. Alec Baldwin was not present. CBS News' Chris Livesay reports.
Space
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Space
Trump, Musk attend SpaceX launch
President-elect Donald Trump attended SpaceX's sixth flight test of its Super Heavy-Starship on Tuesday with CEO Elon Musk. The burgeoning friendship between the two men played a key role in Trump's reelection, with Musk now set to run a government efficiency agency in the coming months. CBS News political reporter Jake Rosen and Politico aviation reporter Oriana Pawlyk join "America Decides" with more.
SpaceX launches Super Heavy-Starship, with Trump there to watch
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
Far side of the moon once had erupting volcanoes, lunar soil shows
Researchers analyzed lunar soil brought back by China's Chang'e-6, the first spacecraft to return with a haul of rocks and dirt from the little-explored far side.
When you can see the Beaver Moon, 2024's final supermoon
November's full moon, known as the Beaver Moon, is the last supermoon of 2024. Here's when it peaks and why it's called the Beaver Moon.
Astronauts decline to answer questions about post-flight medical issue
Medical issues aside, the astronauts described a water leak in June that triggered a blizzard in the International Space Station's airlock.
Latest Galleries
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Notable Deaths in 2024
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Serial killer Rodney Alcala's secret photos
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Evidence in "The Dexter Killer" case
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
Summer music heats up 2024
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Latest CBS News Videos
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Latest CBS News Videos
Johnson implements transgender restroom ban
House Speaker Mike Johnson on Wednesday took aim at incoming Democratic Rep. Sarah McBride, the first ever transgender member elected to Congress, with his decision to bar transgender people from using bathrooms in the Capitol Complex that do not align with their sex assigned at birth. Scott MacFarlane has more.
How mass deportations could affect food
President-elect Donald Trump confirmed that he plans to address illegal immigration in the U.S. through a mass deportation program. CBS News MoneyWatch correspondent Kelly O'Grady discusses how such a plan could affect the food industry.
Who is Linda McMahon?
President-elect Donald Trump announced he plans to nominate former wrestling executive Linda McMahon as education secretary. Washington Post political investigative reporter Beth Reinhard joins "The Daily Report" to discuss her qualifications and plans.
Can Democrats fill 44 judicial vacancies?
President-elect Donald Trump is urging Republicans to slow down President Biden's judicial nominations before January. There are currently 44 vacancies, and 14 of Mr. Biden's nominations await Senate approval. Wall Street Journal Supreme Court correspondent Jess Bravin joins "The Daily Report" to discuss.
Restoring forests decimated by wildfires
Large wildfires fueled by climate change have destroyed tens of millions of acres of forests in the Pacific Northwest in recent years. Jonathan Vigliotti explores a major effort underway to restore those forests.