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Knicks accepted invitation to visit Trump at White House, Dolan says -- The New York Knicks are planning to visit the White House, owner James Dolan said Wednesday, marking a first for an NBA Finals winner during President Trump's time in office.

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Latest CBS News Videos - Household growth fell in 2025, study finds - A new study shows high costs and short supply are hurting the U.S. housing market. Harvard University's State of the Nation's Housing 2026 report found that household growth, the net change in the total number of occupied housing units or households from year to year, slowed for the third straight year in 2025. Chris Herbert, the managing director of the Harvard Joint Center for Housing Studies, joins "The Daily Report" to discuss. 1H ago - 2:49

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Tropical storm Arthur rolls through the Gulf -- Severe weather threatened more than 125 million Americans on Wednesday. Multiple states along the Gulf Coast issued flood alerts as Tropical Storm Arthur rolled through. Rob Marciano has the forecast.

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Trump signed MOU with Iran, official says -- President Trump signed the 14-point memorandum of understanding with Iran Wednesday in France, putting the agreement into effect, a U.S. official tells CBS News. CBS News' Imtiaz Tyab and Aaron MacLean have more.

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Trump jokes he'll blame Vance if Iran deal fails -- President Trump on Wednesday jokingly said he'll blame Vice President JD Vance if the preliminary deal with Iran falls through. Political strategists Matt Whitlock and Kendra Barkoff Lamy join with analysis.

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Fed keeps interest rates steady -- As was widely expected, the Federal Reserve unanimously voted to keep interest rates unchanged on Wednesday. CBS News coordinating producer Richard Escobedo has more details.

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This law firm has deep ties to Trump. Now a partner is his pick for a top job. -- Jamie McDonald, a partner at the firm Sullivan & Cromwell, is President Trump's choice to helm one of the nation's most prestigious federal prosecutors' offices.

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Pastors for Trump founder drops out of House race after texting scandal -- Jackson Lahmeyer had been backed by President Trump, although the president dropped his endorsement shortly before Lahmeyer dropped out.

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Federal Reserve holds interest rates steady but leaves door open to hike -- U.S. inflation is expected to remain elevated through the end of the year, Fed officials say in their latest forecast.

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The Obama Presidential Center and Library opens in Chicago -- After more than a decade since it was announced, the Obama Presidential Center and Library officially opens to the public in Chicago's Jackson Park on June 19, 2026.

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DOJ taps prosecutor to coordinate human trafficking, child exploitation cases -- Acting Attorney General Todd Blanche appointed Alessandra Serano to serve as the Justice Department's national coordinator on human trafficking and child exploitation cases.

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Victims ID'd in B-52 bomber crash that killed 8 at Edwards Air Force Base -- As standard practice, the military makes public identifications 24 hours after next of kin have been notified.

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Social Security faces looming benefit cuts. Can the program be saved? -- Social Security checks could see a 22% cut in 2032 unless Congress takes steps to shore up the program. Here are 5 ideas for fixing it.

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Senate postpones Clayton's confirmation hearing after Trump upends plans -- The Senate canceled Jay Clayton's confirmation hearing on Wednesday after President Trump's move to delay the installation of the new intelligence chief.

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Survivors of violence could see debt erased as N.Y. law goes into effect -- A new law in New York makes it the eighth state to provide a path for coerced debt relief for survivors of domestic violence.

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Tropical Storm Arthur forms off Texas Gulf Coast -- Tropical Storm Arthur, the first named storm of the 2026 Atlantic hurricane season, formed Wednesday off the Gulf Coast of Texas.

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Trump touts Iran agreement to wrap up G7 summit in France -- President Trump defended the agreement reached by the U.S. and Iran​ at a press conference to close out the G7 summit in France.

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Vance says text of U.S.-Iran deal will be released Friday "at the latest" -- Vice President JD Vance said on "CBS Monrings" that the Trump administration wants "to tell the American people what's in this deal."

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"The most famous judge in America, for a while," on highs and lows of a Trump trial -- In an exclusive interview with CBS News, retired Justice Arthur Engoron reflected on the highs and lows of the 2023 Trump civil fraud trial.

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Veteran fights to prevent wife's deportation: "I'm begging my own country" -- Retired staff sergeant Wilmer Trujillo, who served roughly 20 years in the U.S. Army and the Texas National Guard, is asking ICE to release his wife of six years.

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