Trump, DOJ settle $10 billion lawsuit
President Trump and the Justice Department reached a settlement Monday in his $10 billion lawsuit against the IRS and Treasury Department over his leaked tax returns. CBS News' Jake Rosen has more.
United States Department of the Treasury
U.S. sanctions alleged "gatekeeper" of cartel human smuggling routes
The Cartel del Noreste has been accused of trafficking weapons, drugs and people, and is characterized by its violent practices and extortion.
Trump's signature to be featured on U.S. paper currency, Treasury says
The Treasury Department plans to add President Trump's signature to new U.S. paper currency, a first for a sitting president.
U.S. sees rounding problem as pennies dwindle
Months after the U.S. minted its last penny, Americans are experiencing a shortage of the one-cent coin. CBS News reporter Kati Weis has the details on how some states are working on legislation to address the rounding issue in cash purchases.
Rep. Rick Crawford on Iran's new leader, more
Treasury Secretary Scott Bessent said Thursday that the U.S. will escort ships through the Strait of Hormuz as Iran ramps up attacks on the crucial shipping channel. Republican Rep. Rick Crawford of Arkansas, chair of the House Intelligence Committee, joins "The Takeout" to discuss the state of the war.
Bessent defends Powell probe, Trump Accounts
In an interview with CBS News, Treasury Secretary Scott Bessent defended the DOJ investigation into Fed Chair Jerome Powell, saying, "I think that the message is that independence does not mean no accountability." He also addressed the new Trump Accounts, which are tax-deferred investment accounts created for every American child born between January 1, 2025 and December 31, 2028.
Read the full transcript of Kelly O'Grady's interview with Scott Bessent
Treasury Secretary Scott Bessent addressed the ongoing investigation into Federal Reserve Chair Jerome Powell and the White House's new $1,000 "Trump Accounts" in an interview with Kelly O'Grady. Read the full transcript of their conversation.
Bessent touts Trump Accounts as rainy day fund, slams critics as "out of touch"
Treasury Secretary Scott Bessent emphasized the benefits of Trump Accounts and addressed affordability concerns in an interview with CBS News.
Full interview: Treasury Secretary Bessent
U.S. Treasury Secretary Scott Bessent sits down with "CBS Saturday Morning" co-host Kelly O'Grady to discuss the Department of Justice's ongoing investigation into Federal Reserve Chair Jerome Powell, respond to critics of Trump Accounts and more.
Beauty salon, others sanctioned for trafficking cocaine to U.S.
The sanctions target family-operated companies, including Magic Esthetic Salon, linked to alleged drug trafficking and money laundering.
U.S. Treasury Secretary pushes for Minnesota fraud crackdown
U.S. Treasury Secretary Scott Bessent announced the creation of a new IRS task force and other measures to combat fraud, underscoring the Trump administration's focus on Minnesota amidst the immigration crackdown.
Treasury Department probing COVID fraud scheme
The Treasury Department is currently investigating whether Minnesota welfare money stolen in a massive fraud scheme went to a Somali terror group. CBS Minnesota investigative reporter Jonah Kaplan has the details.
IRS whistleblowers release book on Hunter Biden case
In 2023, two IRS employees came forward and alleged the Justice Department was improperly handling the tax fraud case against Hunter Biden. Now, they have a new book out called "The Whistleblowers vs. The Big Guy." Whistleblower Joseph Ziegler joins to discuss.
What will companies do without pennies? We asked McDonald's, Kroger and more
The U.S. Mint in Philadelphia pressed its last circulating penny on Wednesday, after President Trump earlier this year directed the Treasury to stop minting new one-cent coins.
Treasury secretary counselor on shutdown
On Day 37 of the longest government shutdown in U.S. history, stocks were down across the board. Joe Lavorgna, counselor to Treasury Secretary Scott Bessent, joins "The Takeout" to discuss the economic ramifications of the shutdown.
Treasury secretary counselor on shutdown
On Day 37 of the longest government shutdown in U.S. history, stocks plummeted across the board. Joe Lavorgna, counselor to Treasury Secretary Scott Bessent, joins "The Takeout" to discuss the economic ramifications of the shutdown.
U.S. sanctions Colombian President Petro
The Trump administration on Friday announced sanctions on Colombian President Gustavo Petro and his family members, accusing the leader of having "allowed drug cartels to flourish." CBS News White House reporter Willie James Inman has the latest.
U.S. debt tops $38 trillion for first time, worsened by government shutdown
The national debt is rising faster than ever and threatens to undermine confidence in the economy, experts warn.
Who has received federal layoff notices?
The White House budget office says it has started handing out layoff notices to federal workers as the government shutdown reaches Day 10. CBS News political reporter Zak Hudak has more.
Counselor to treasury secretary on shutdown
Joe Lavorgna, counselor to Treasury Secretary Scott Bessent, joins "The Takeout" to assess how the government shutdown could affect the economy.
Treasury Dept may issue $1 Trump coin for 250th anniversary of U.S.
Treasury Department said a design isn't final after the U.S. Treasurer posted an image of a commemorative coin with President Trump's likeness.
How the Federal Reserve decision could influence mortgage rates
Experts say Americans shouldn't expect a further decline in mortgage rates immediately after the Fed's September meeting.
Trump calls on resignation of Fed governor
President Trump is calling on Federal Reserve Governor Lisa Cook to resign with his administration accusing her of mortgage fraud. Former Treasury official Kitty Richards joins "The Takeout" to discuss.
U.S. sanctions popular "narco-rapper" over alleged cartel ties
The administration alleges that 50% of the musician's royalties on streaming platforms go directly tothe Cartel del Noreste.
U.S. sanctions Brazilian judge overseeing case against Trump ally Jair Bolsonaro
The Trump administration said it is sanctioning Brazilian Supreme Court Justice Alexandre de Moraes, who is overseeing a case against former President Jair Bolsonaro.
3 killed in shooting at Islamic Center of San Diego, police say; 2 suspects dead
Three people were killed in a shooting at the Islamic Center of San Diego, and two suspected shooters were found dead inside a vehicle nearby, police said.
Live
Trump calls off attack on Iran amid "serious negotiations" toward peace deal
President Trump had warned Sunday that "the Clock is Ticking" for Iran to accept a peace agreement.
The story of Cuba's 1996 shootdown that could lead to Raúl Castro's indictment
Thirty years ago, a Cuban fighter jet shot down two civilian planes operated by Florida-based exile group Brothers to the Rescue, an incident that inflamed U.S.-Cuba relations.
What to know about today's primaries in Georgia, Kentucky and more
Voters are going to the polls Tuesday for primaries in several states, including the most expensive House primary in history.
Ebola death toll in Congo rises to 131 as concern mounts
The virus behind the latest Ebola outbreak is the Bundibugyo virus, which is less common and there is no vaccine or treatment.
Massie defiant as Trump seeks to oust him in primary: "I'm going to win"
Massie said the president is worried about his preferred candidate Ed Gallrein's chances in the Kentucky race.
Eroding ACA enrollment portends higher insurance rates
An uptick in people skipping Obamacare premium payments in many states suggests the Affordable Care Act's rising costs are hitting home for 2026 enrollees.
Trump admin. proposes admitting thousands more Afrikaners to U.S. as refugees
The Trump administration is doubling down on efforts to resettle White Afrikaners from South Africa as refugees, proposing to increase the government's refugee cap to welcome thousands more of them, according to a plan obtained by CBS News.
Iran more than doubled executions in 2025, global death penalty hit 44-year high
Iran executed more than twice as many people last year as it did in 2024, according to a new report by Amnesty International.
U.S.
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What to know about today's primaries in Georgia, Kentucky and more
Voters are going to the polls Tuesday for primaries in several states, including the most expensive House primary in history.
LIRR strike ends as MTA, unions reach tentative agreement
New York Gov. Kathy Hochul said the MTA and LIRR unions reached "a fair deal" to end the strike after three days.
Florida mother turns to digital couponing as grocery bill soars
With inflation hitting its highest point since 2023, Kiana Powell told CBS News, "I cannot let a deal go to waste if it's something that I am using daily."
New York Times sues Pentagon a second time over press access policy
The New York Times sued the Defense Department Monday for the second time in recent months over media access.
Massie defiant as Trump seeks to oust him in primary: "I'm going to win"
Massie said the president is worried about his preferred candidate Ed Gallrein's chances in the Kentucky race.
MoneyWatch
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Eroding ACA enrollment portends higher insurance rates
An uptick in people skipping Obamacare premium payments in many states suggests the Affordable Care Act's rising costs are hitting home for 2026 enrollees.
Florida mother turns to digital couponing as grocery bill soars
With inflation hitting its highest point since 2023, Kiana Powell told CBS News, "I cannot let a deal go to waste if it's something that I am using daily."
Pay for American workers is lagging inflation — again
U.S. wage growth is lagging inflation for the first time since 2023, eroding consumers' purchasing power.
Jury unanimously dismisses Elon Musk's lawsuit against OpenAI
California jury dismissed all charges, finding that Musk missed the three-year statute of limitations to file suit.
NextEra Energy to acquire Dominion in a $67 billion utility deal
The combined company will serve about 10 million utility customers across Florida, Virginia, North Carolina and South Carolina.
Politics
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What to know about today's primaries in Georgia, Kentucky and more
Voters are going to the polls Tuesday for primaries in several states, including the most expensive House primary in history.
Eroding ACA enrollment portends higher insurance rates
An uptick in people skipping Obamacare premium payments in many states suggests the Affordable Care Act's rising costs are hitting home for 2026 enrollees.
Trump admin. proposes admitting thousands more Afrikaners to U.S. as refugees
The Trump administration is doubling down on efforts to resettle White Afrikaners from South Africa as refugees, proposing to increase the government's refugee cap to welcome thousands more of them, according to a plan obtained by CBS News.
New York Times sues Pentagon a second time over press access policy
The New York Times sued the Defense Department Monday for the second time in recent months over media access.
Massie defiant as Trump seeks to oust him in primary: "I'm going to win"
Massie said the president is worried about his preferred candidate Ed Gallrein's chances in the Kentucky race.
HealthWatch
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Eroding ACA enrollment portends higher insurance rates
An uptick in people skipping Obamacare premium payments in many states suggests the Affordable Care Act's rising costs are hitting home for 2026 enrollees.
Latest on American who contracted Ebola
A missionary doctor who was serving in Congo will receive treatment in Germany after testing positive for Ebola. Skyler Henry has the latest.
American doctor working in Congo tests positive for Ebola
An American medical missionary in the Democratic Republic of the Congo has a confirmed case of Ebola, and is being taken to Germany for treatment.
Ebola death toll in Congo rises to 131 as concern mounts
The virus behind the latest Ebola outbreak is the Bundibugyo virus, which is less common and there is no vaccine or treatment.
U.S. announces Ebola-related travel restrictions amid outbreak in Congo, Uganda
The Trump administration announced it's restricting people who don't have U.S. passports from entering the country if they have been in Congo, South Sudan or Uganda amid the Ebola outbreak.
World
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Man killed by mother bear with her cub in rare attack in Bulgaria
A bear mauled to death a man at Vitosha, a mountainous region just outside the Bulgarian capital of Sofia, authorities said.
Russia conducting 3 days of major nuclear drills
Russia's army has started three days of nuclear weapons drills involving thousands of troops across the country, as Kyiv escalates its drone attacks and with President Vladimir Putin headed to China.
Iran more than doubled executions in 2025, global death penalty hit 44-year high
Iran executed more than twice as many people last year as it did in 2024, according to a new report by Amnesty International.
The story of Cuba's 1996 shootdown that could lead to Raúl Castro's indictment
Thirty years ago, a Cuban fighter jet shot down two civilian planes operated by Florida-based exile group Brothers to the Rescue, an incident that inflamed U.S.-Cuba relations.
Trump says he's called off plans for a "scheduled attack of Iran"
President Trump said he received a request from the leaders of Qatar, Saudi Arabia and the United Arab Emirates.
Entertainment
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Entertainment
2-time "Survivor" contestant on 50th season
Rob Cesternino, a 2-time "Survivor" castaway, talks about the upcoming "Survivor 50" finale, who he think will make the final three and who is his favorite to win the game.
Hayden Panettiere opens up in new memoir
Golden Globe-nominated actor Hayden Panettiere shares her story and opens up about life in the spotlight as a young actor, postpartum depression and her healing journey.
5/17: Sunday Morning "By Design"
Jane Pauley hosts our annual look at design. Featured: Tiny homes in your backyard; Louis Vuitton; Adobe house construction; Finland's Marimekko; domino art; Philadelphia food favorites; chandeliers; Longwood Gardens; rare maps; and director Jon Favreau of "The Mandalorian and Grogu."
"Call Her Daddy" podcast host Alex Cooper announces pregnancy
"Call Her Daddy" host Alex Cooper said on Instagram that she and husband Matt Kaplan are expecting their first child.
Director Jon Favreau on "The Mandalorian and Grogu"
Jon Favreau, creator of the "Star Wars" series "The Mandalorian," has now brought the father-son relationship of Pedro Pascal's bounty hunter and his charge "Baby Yoda" to the big screen.
Technology
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Technology
Musk loses lawsuit against OpenAI
A California jury on Monday unanimously dismissed Elon Musk's lawsuit against OpenAI and its top executives. CBS News legal contributor Jessica Levinson breaks down the case.
Musk says he'll appeal OpenAI lawsuit dismissal
A California jury on Monday unanimously dismissed Elon Musk's lawsuit against OpenAI and Sam Altman. CBS News senior business and technology correspondent Jo Ling Kent reports.
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.
Jury unanimously dismisses Elon Musk's lawsuit against OpenAI
California jury dismissed all charges, finding that Musk missed the three-year statute of limitations to file suit.
Jury to start deliberations in OpenAI trial
A nine-person jury will begin deliberations Monday in Elon Musk's $150 billion civil lawsuit against OpenAI CEO Sam Altman. Rachel Metz, artificial intelligence reporter for Bloomberg, joins with more.
Science
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El Niño could bring "double whammy" of high tide flooding, NOAA warns
The upcoming El Niño could trigger frequent and widespread flooding in coastal areas around the United States, even when storms aren't actively taking place, scientists warn.
New dinosaur weighing as much as 9 elephants identified by scientists
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
How a growing El Niño will affect 2026 hurricane season in Atlantic, Pacific
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
Emperor penguins in focus as Antarctica talks start in Japan
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
Crime
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Crime
Mom reported son missing before mosque attack
Police held a news conference Monday evening to give an update on the deadly shooting at the Islamic Center of San Diego. Authorities say the two suspects killed three others before being found dead in a nearby vehicle.
Mangione state murder trial: evidence ruling
Luigi Mangione appeared in court on Monday for a pivotal hearing where a judge ruled what items can and cannot be used as evidence in his upcoming state murder trial over the killing of UnitedHealthcare CEO Brian Thompson. CBS News legal reporter Katrina Kaufman was inside the courtroom.
Ruling on evidence in Luigi Mangione case
A judge on Monday ruled a 9 millimeter gun, a silencer and a red notebook allegedly found in the search of Luigi Mangione's possessions can be used as evidence in his state trial for the murder of UnitedHealthcare CEO Brian Thompson in September. Lilia Luciano has more.
Latest on Islamic Center of San Diego shooting
Police say three adults were killed when two shooters opened fire Monday at the Islamic Center of San Diego. Jonathan Vigliotti has more.
Officials: No children hurt in mosque shooting
At least three adults were killed when a pair of gunmen opened fire at the Islamic Center of San Diego on Monday. The two teenage suspects were found dead inside a nearby car, officials say. CBS News' Anna Schecter has the latest.
Space
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SpaceX launches cargo ship to International Space Station
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
NASA maps show Earth's brightest and darkest regions at night
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
UFO files reveal astronauts saw mysterious objects and lights in 1972
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Pentagon begins releasing UFO files: "It's time the American people see"
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
From 1996: Cuba shoots down 2 civilian planes
On Feb. 24, 1996, Cuba shot down two civilian aircraft, prompting global outcry. Watch CBS News' coverage of the aftermath.
Full interview: GOP Rep. Thomas Massie
Republican Rep. Thomas Massie is bearing the brunt of the White House in his primary race for Kentucky's 4th Congressional District against Trump-backed Ed Gallrein. Massie spoke with CBS News' Ed O'Keefe a day before the election about the record-breaking spending in his race, his views on Israel, President Trump and more.
Massie facing Trump-backed challenger
Rep. Thomas Massie is facing Trump-backed retired Navy SEAL Ed Gallrein in Tuesday's primary for Kentucky's Fourth Congressional District. CBS News congressional reporter Taurean Small has the latest.
5/18: The Takeout with Major Garrett
Three people were killed in a shooting at the Islamic Center of San Diego; Trump says U.S. won't go forward with scheduled attack on Iran.
Mom reported son missing before mosque attack
Police held a news conference Monday evening to give an update on the deadly shooting at the Islamic Center of San Diego. Authorities say the two suspects killed three others before being found dead in a nearby vehicle.