President-elect Donald Trump has chosen Chris Wright, CEO of Liberty Energy and a vocal advocate of oil and gas development, to be his energy secretary. CBS News political correspondent Caitlin Huey-Burns has more on Wright and some of the other latest news with Trump’s Cabinet picks.
Trump tariffs to push down U.S. growth ‘a great deal’ going into 2026, Morgan Stanley warns
Donald Trump’s proposed tariffs will dent U.S. economic growth going into 2026, said Morgan Stanley’s chief global economist Seth Carpenter.