Richard Escobedo

Washington, D.C.

Anchor and Producer at Face the Nation

Economic policy at @CBSNews @FaceTheNation. @TCU alum. San Antonio is home, Fort Worth crosses my mind. [email protected]. Signal: richardescobedocbs.38

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Articles

Ambassador to Ukraine who resigned under Trump administration may run for Congress in Michigan

1 month ago | cbsnews.com | Richard Escobedo

Former U.S. Ambassador to Ukraine Bridget Brink is considering a run for Congress in her home state of Michigan, CBS News has learned. Brink, who served for 28 years as a diplomat, is mulling a bid in Michigan's 7th congressional district, which is currently represented by Republican Tom Barrett. The Lansing-area district is rated by the Cook Political Report as a tossup, and was represented by Democrat Elissa Slotkin until earlier this year, when she moved to the Senate.
Trump’s decision to lift Syria sanctions took Treasury staff by surprise

1 month ago | businessandamerica.com | Richard Escobedo

Washington — For the leaders of Syria’s transitional government, President Trump’s announcement earlier this week that the U.S. would lift all sanctions on the country came as a relief after months of intense lobbying for a reprieve. “I will be ordering the cessation of sanctions against Syria in order to give them a chance at greatness,” Mr. Trump said at an investment forum in Saudi Arabia’s capital, Riyadh, on Tuesday.
Trump considering allowing sale of U.S. Steel to Nippon Steel

Feb 7, 2025 | cbsnews.com | Jennifer Jacobs |Richard Escobedo

President Trump is considering allowing Japan's Nippon Steel to complete its $14.1 billion acquisition of U.S. Steel, according to multiple sources. Approval of the transaction isn't definite, and Mr. Trump has not made a final decision, sources say. He is meeting with Japanese Prime Minister Shigeru Ishiba Friday and is expected to discuss the merger, along with automotive issues and tariffs.
Treasury says Elon Musk's DOGE has "read only" access to payment systems

Feb 4, 2025 | msn.com | Richard Escobedo

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Treasury says Musk's DOGE has "read only" access to payment systems

Feb 4, 2025 | msn.com | Richard Escobedo

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Treasury says Elon Musk's DOGE has "read only" access to payment systems

Feb 4, 2025 | cbsnews.com | Richard Escobedo

Elon Musk's Department of Government Efficiency team has been given "read only" access to the Treasury Department's federal payment system, and federal expenditures have not been affected, the Treasury said in a letter to Congress late Tuesday.
White House budget office rescinds memo ordering funding freeze after chaos

Jan 29, 2025 | cbsnews.com | Melissa Quinn |Richard Escobedo |Kristin Brown

Judge pauses Trump funding freeze Washington — The White House Office of Management and Budget on Wednesday walked back a memo that ordered a freeze on federal assistance, less than two days after the directive led to chaos and confusion around the country as to what programs would be impacted. The latest two-line memo from acting Director of the Office of Management and Budget Matthew Vaeth states that the earlier directive is rescinded.
Government funding deal includes ban on U.S. aid to UNRWA, sources say

Mar 20, 2024 | newsbreak.com | Richard Escobedo

U.S. may ban funding for U.N. Palestinian agency until 2025 06:03 The deal on a massive appropriations bill reached between Congress and the White House will include a ban on all direct U.S. funding for the main humanitarian agency operating in Gaza, the United Nations Relief and Works Agency for Palestine Refugees, until March 2025, three sources with knowledge of the negotiations confirmed to CBS News.
Government funding deal includes ban on U.S. aid to UNRWA, a key relief agency in Gaza, until 2025, sources say

Mar 20, 2024 | cbsnews.com | Margaret Brennan |Richard Escobedo

The deal on a massive appropriations bill reached between Congress and the White House will include a ban on all direct U.S. funding for the main humanitarian agency operating in Gaza, the United Nations Relief and Works Agency for Palestine Refugees, until March 2025, three sources with knowledge of the negotiations confirmed to CBS News.
Ukrainian children recount horrors of being kidnapped by Russian soldiers

Feb 27, 2024 | newsbreak.com | Margaret Brennan |Richard Escobedo

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