CBS Evening News, 08/26/25
CBS Evening News
CBS News
3.5 • 650 Ratings
🗓️ 26 August 2025
⏱️ 22 minutes
🧾️ Download transcript
Summary
President Trump's marathon battle with the Federal Reserve and his firing of Federal Reserve Governor Lisa Cook. Artificial Intelligence is coming to rental cars. Which car rental giant is using the technology to spot damage, and what that means for you. They say every dog has it's day. On this National Dog Day, we celebrate our furry friends and all the ways they help us.
Transcript
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| 0:00.0 | Here's the truth about AI. |
| 0:02.0 | AI is only as powerful as the platform it's built into. |
| 0:05.0 | ServiceNow puts AI to work for people across your business, |
| 0:09.0 | removing friction and frustration for your employees, |
| 0:12.0 | supercharging productivity for your developers, |
| 0:15.0 | providing intelligent tools for your service agents to make customers happier. |
| 0:19.0 | All built into a single platform you can |
| 0:21.9 | use right now. That's why the world works with ServiceNow. Visit ServiceNow.com |
| 0:27.8 | slash UK slash AI for people. |
| 0:31.7 | From CBS News headquarters in New York, this is the CBS Evening News. Good evening. I'm John Dickerson. |
| 0:41.8 | I'm Maurice Dubois. Members of the Federal Reserve Board are nominated by the President, |
| 0:47.0 | but unlike members of the cabinet, they do not serve at his pleasure. Right now, one Fed |
| 0:52.6 | Governor Lisa Cook serves despite President Trump's |
| 0:56.0 | displeasure and his unprecedented attempt to fire her, the first black woman on the board, |
| 1:01.2 | appointed by President Biden, for a 14-year term. The president's attempts to meddle with the |
| 1:07.2 | Independent Federal Reserve shook confidence in the dollar, sending the value of the currency falling today. |
| 1:13.9 | And Cook is fighting back. Nancy Cordes is at the White House tonight. Nancy? |
| 1:18.9 | Maurice Cook was appointed to serve until the late 2030s, and Trump's bid to fire her marked the first time in 111 years that a president has tried to remove |
| 1:30.7 | a Fed governor. |
| 1:32.2 | It comes after Trump was discouraged from firing the Fed chair, Jerome Powell, out of concerns |
| 1:37.7 | it would damage the Fed's long-held independence. |
| 1:42.0 | She seems to have had an infraction and she can't have an infraction. |
... |
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