5/23: The Daily Report – CBS News Watch CBS News Lindsey Reiser reports on President Trump’s threat to impose tariffs on the European Union and Apple, how police and social justice reform has changed in the five years since the death of George Floyd, and what to expect at the upcoming American Music Awards. Be…
A “Save Medicaid” sign is affixed to the podium for a House Democrats’ press event to oppose the Republicans’ budget, on the House steps of the Capitol, Feb. 25, 2024. Bill Clark | Cq-roll Call, Inc. | Getty Images Historic spending cuts to Medicaid health coverage and to SNAP, formerly known as food stamps, are…
Crypto investor and $TRUMP token holder, Nicholas Pinto, attends gala dinner for contest winners. Nicholas Pinto The price of President Donald Trump‘s meme coin plunged 16% as of Friday morning, just hours after he hosted a black-tie gala at his Virginia golf club for its biggest buyers — an elite crowd that spent a combined…
Elon Musk looks on as U.S. President Donald Trump meets South African President Cyril Ramaphosa in the Oval Office of the White House in Washington, D.C., U.S., May 21, 2025. Kevin Lamarque | Reuters A federal judge further blocked the Trump administration from sharply cutting jobs and reorganizing the structure of many major federal agencies…
President Donald Trump on Friday said he is “recommending a straight 50% Tariff on the European Union” after complaining that trade negotiations have stalled. The steep new import duties would start on June 1, Trump wrote on Truth Social. The EU “has been very difficult to deal with,” Trump wrote of the 27-nation bloc. “Our…
House Speaker Mike Johnson speaks to the media after the House narrowly passed a budget bill forwarding President Donald Trump’s agenda at the U.S. Capitol in Washington, May 22, 2025. Kevin Dietsch | Getty Images There’s a stark contrast between high-earners and low-income households in a sprawling legislative package House Republicans passed on Thursday. The…
5/22: The Daily Report – CBS News Watch CBS News Lindsey Reiser reports on the fatal shooting outside a Jewish museum in Washington, what’s inside the Trump administration’s health plan for Americans, and why SNAP benefits could soon be diminished. Be the first to know Get browser notifications for breaking news, live events, and exclusive…
Jaque Silva | Nurphoto | Getty Images Defense contractor L3Harris Technologies will pay $62 million to settle allegations that it lied about the prices of equipment it sold to the U.S. military years earlier, the Justice Department said Thursday. L3Harris was recently tapped to help modify a luxury Boeing 747 jet from Qatar‘s royal family that President…
Bottles of Pepsi are displayed in a store in New York City on March 17, 2025. Spencer Platt | Getty Images The Federal Trade Commission voted to dismiss a lawsuit filed in the last days of the Biden administration that accused PepsiCo of offering sweetheart pricing to big retailers. FTC Chairman Andrew Ferguson dissented to the suit when it…
The U.S. Supreme Court building in Washington, July 19, 2024. Kevin Mohatt | Reuters The Supreme Court on Thursday strongly suggested that Federal Reserve board members would have special protection against being fired by a president in a ruling that, for now, allows President Donald Trump to fire two members of other federal agencies’ boards….
