The Takeout with Major Garrett, 2/20/26
The Takeout with Major Garrett
CBS News
4.6 • 586 Ratings
🗓️ 20 February 2026
⏱️ 46 minutes
🧾️ Download transcript
Summary
Supreme Court justices struck down President Trump’s tariffs in a 6-3 decision, in a crushing blow to his economic agenda. Jan Crawford joins Major at the desk to dissect both the majority and dissenting opinion. The President was informed of that decision while attending a meeting with the National Governors Association, with governors on both sides. Oklahoma Republican Gov. Kevin Stitt, who leads the association, discusses his reaction to the SCOTUS ruling, where his state stands with wildfires and his perspective on immigration enforcement in other states. Meanwhile, Texas continues early voting for races in the Lone Star State. Major interviews Democratic Rep. Julie Johnson, who’s running to retain her seat against former Rep. Colin Allred. All that and more on “The Takeout.”
Transcript
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| 0:29.8 | No tariffs for you. Well, no, emergency tariffs. The Supreme Court rejects President Trump's |
| 0:35.2 | tariff bonanza. Trump says he will use other laws and keep the tariff train moving. |
| 0:40.8 | We examine the legal, economic, and political fallout. |
| 0:44.5 | Oklahoma Republican Governor Kevin Stead on Trump tariffs, his clashes with the White |
| 0:49.0 | House over National Guard deployments, and his call for a reset of immigration enforcement. Your last takeout |
| 0:56.6 | Winter Olympics update, Kelly O'Grady, our in-house gold medalist, has the latest and winningest |
| 1:03.2 | from Milan. Hello, everyone. |
| 1:14.4 | I'm Major Garrett in Washington. |
| 1:15.9 | Welcome to the takeout. |
| 1:17.1 | First, what the Supreme Court said, |
| 1:19.9 | if it had approved, President Trump's unique, |
| 1:22.8 | and that's being charitable, |
| 1:24.4 | interpretation of the 1977 International Economic Emergencies Powers Act, |
| 1:29.6 | that would represent a transformative expansion of presidential authority over tariff policy, |
| 1:35.8 | the words of the court. |
| 1:37.2 | The president, the court ruled, must point to clear congressional authorization to justify |
| 1:43.2 | his extraordinary assertion of that power. |
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