Former Defense Secretary Robert Gates told "Face the Nation" moderator Margaret Brennan that the biggest threat Cuba poses to the U.S. is its potential collapse. "The biggest risk is that we end up with another Mariel evacuation from Cuba that has tens of thousands of Cubans heading to the United States out of desperation," Gates said in an interview airing Sunday.
As Powell steps down after more than eight years leading the Federal Reserve, economists say he helped steer the U.S. through historic shocks but misread inflation.