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Face the Nation with Margaret Brennan

Kevin Hassett, Rep. Jason Crow, Sen. Raphael Warnock

Face the Nation with Margaret Brennan

CBS News

News, Politics

3.51.1K Ratings

🗓️ 3 May 2026

⏱️ 48 minutes

🧾️ Download transcript

Summary

This week on Face the Nation, gas prices spike as the standoff between the U.S. and Iran continues and the Supreme Court decision weakening the Voting Rights Act sparks a scramble in some southern states to get in on redistricting before the midterm elections.  We take a deep dive on the state of the economy with White House National Economic Council Director Kevin Hassett, the head of Minneapolis Federal Reserve Neel Kashkari and the Chairman and CEO of Chevron, Mike Wirth. Then, President Trump tells Congress the war with Iran has been terminated.  We talk to Colorado Democrat Jason Crow and assess the impact of the Supreme Court's decision to limit the scope of part of the Voting Rights Act with Georgia Democratic Senator Raphael Warnock.

Transcript

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0:00.0

From the trusted team behind 48 hours, welcome to case-by-case.

0:04.1

Your weekly update on the biggest true crime stories unfolding right now.

0:08.7

Nick Ryder remains in custody without bail.

0:11.0

Luigi Mangione accused of stalking and gunning down United Healthcare CEO Brian Thompson.

0:16.0

From high-profile trials and stunning evidence to major breaks in cold cases. We'll follow it all

0:23.1

case by case. Follow and listen to 48 hours case by case wherever you get your podcasts.

0:30.7

I'm Margaret Brennan in Washington, and this week on Face the Nation, gas prices spike as the

0:36.6

standoff between the U.S. and Iran continues.

0:39.0

And the Supreme Court decision weakening the Voting Rights Act sparks a scramble in some

0:44.0

southern states to get in on redistricting before the midterm elections. With his approval ratings

0:51.0

on a downward trend, President Trump visited a Florida retirement community

0:55.5

to conduct a survey of his own.

0:58.0

Let's do another poll.

0:59.5

No tax on tips.

1:00.9

No tax on overtime.

1:07.0

No tax on Social Security.

1:12.6

That's the one they like.

1:16.6

But with the conflict in Iran stalled, as well as the ships in the Strait of Bourne moves,

1:20.6

gas prices have skyrocketed, up 40 cents a gallon in the U.S. just in the last week.

1:26.6

The president promises they'll come down

1:29.2

and says, look on the bright side. The stock market is rocking and rolling. Your 401ks are at the

1:35.8

highest they've ever been. We'll take a deep dive on the state of the economy with White House

...

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