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Washington — The Senate on Wednesday voted to confirm Kevin Warsh as chairman of the Federal Reserve, marking a victory for President Trump, who has clashed with outgoing Fed chief Jerome Powell repeatedly and urged the central bank to slash interest rates. The vote was 54-45, with Democratic Sen. John Fetterman of Pennsylvania joining all …
Washington — Speaker Mike Johnson and Minority Leader Hakeem Jeffries are preparing to announce a bipartisan task force, or working group, aimed at addressing how sexual misconduct claims are handled within the House of Representatives, multiple sources confirmed to CBS News. “We’re all in support, fully supportive,” Johnson told CBS News ahead of the forthcoming …
Key points ahead of Trump meeting with Xi Jinping – CBS News Watch CBS News President Trump arrived in Beijing on Wednesday for a high-stakes meeting with Chinese President Xi Jinping. CBS News’ Anna Coren and Nancy Cordes have more.
JERUSALEM (AP) — Israeli Prime Minister Benjamin Netanyahu’s office said Wednesday that he secretly visited the United Arab Emirates during the Iran war. Netanyahu met with UAE President Sheikh Mohammed bin Zayed Al Nahyan during the visit, the Israeli leader’s office said. It added that the visit “resulted in a historic breakthrough in relations between …
CAPE TOWN, May 13 (Reuters) – A top official in South Africa’s African National Congress party threw his weight behind President Cyril Ramaphosa on Wednesday over the “Farmgate” scandal in which thieves stole bundles of cash stuffed in a sofa on Ramaphosa’s ranch. Secretary-General Fikile Mbalula, in charge of the day-to-day running of the ANC, …
Actor Geena Davis talks about starring in the new series “The Boroughs,” if there are parallels between herself and the character she plays, and why she’s drawn to supernatural projects. She also addresses representation in the entertainment industry.
Israeli Prime Minister Benjamin Netanyahu made a secret visit to the United Arab Emirates recently, his office confirmed Wednesday. CBS News Middle East contributor Courtney Kealy has more.
ABUJA, May 13 (Reuters) – A Nigerian court on Wednesday sentenced former power minister Saleh Mamman to 75 years in prison after convicting him of laundering 33.8 billion naira ($24.71 million), the country’s anti-graft agency said, a rare conviction against corrupt officials in the West African nation. * Justice James Omotosho of the Federal High …
BUDAPEST, May 13 (Reuters) – Hungary has summoned Russia’s ambassador over a drone attack on western Ukraine, Prime Minister Peter Magyar said on Wednesday. Russia unleashed a daytime drone attack on Ukraine earlier on Wednesday, targeting critical infrastructure and killing at least three people in the west and prompting NATO-member Poland to scramble fighter jets. …
A consistently rising inflation rate will likely have multiple impacts on the mortgage interest rate climate. sakchai vongsasiripat/Getty Images Millions of Americans hoping for a decline in inflation received unwelcome news on Wednesday when the Bureau of Labor Statistics reported another surge in the rate in April. Now at 3.8%, the inflation rate ticked up …