Bob Schieffer, the anchor of CBS News' "Face the Nation," announced Wednesday that he will retire this summer after more than 50 years of working in journalism. 
 
 Bob Schieffer announces retirement 
 
 Schieffer, who is 78, has been with CBS News for 46 years. 2015 marked his 24th year anchoring "Face the Nation," which celebrated its 60th anniversary last year. 
 
 "Because that was where it all started for me, I wanted this to be the place, and I wanted you all to be the first to know that this summer I'm going to retire," he said at the annual Schieffer Symposium at Texas Christian University, his alma mater. 
 
 "It's been a great adventure," Schieffer said. "You know, I'm one of the luckiest people in the world because as a little boy, as a young reporter, I always wanted to be a journalist, and I got to do that. And not many people get to do that, and I couldn't have asked for a better life or something that was more fun and more fulfilling." 
 
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 He has interviewed every president since Richard Nixon as well as most of those who sought the office. Schieffer most recently interviewed President Obama last November, his third interview with the president on "Face the Nation." 
 
 Schieffer also moderated three debates for the Presidential Commission on Debates in 2004, 2008 and 2012. 
 
 "He's been an inspiration and a mentor to so many colleagues-- and frankly, to me. You could see at TCU tonight how that inspiration extends to a wider community of reporters and editors and academics," said CBS News President David Rhodes. 
 
 Prior to joining CBS in 1969, Schieffer was a reporter at the Fort Worth Star-Telegram where he was the first reporter from a Texas newspaper to report from Vietnam. 
 
 Bob Schieffer: Why I love moderating “Face the Nation” 
 
 Schieffer has won virtually every award in broadcast journalism, including eight Emmys, the overseas Press Club Award, the Paul White Award presented by the TV News Directors Association, the Edward R. Murrow Award given by Murrow's alma mater Washington State University. 
 
 In 2008, Schieffer was named a living legend by the Library of Congress. In 2013, he was inducted into the National Academy of Arts and Sciences Hall of Fame along with CBS Chairman and CEO Leslie Moonves, actor Ron Howard, sportscaster Al Michaels and writer/producer Dick Wolf. 
 
 Schieffer also received the Walter Cronkite Award for Excellence from the Cronkite School of Journalism at Arizona State University and the Edward R. Murrow Award for Writing from the Radio Television Digital News Association (RTDNA) in the Network Radio and Television category for a CBS Radio News commentary about "the ghost of Congress future." 
 
 "Face the Nation" was the highest rated Sunday talk show in 2014 for the third consecutive year and the broadcast won an Emmy for its show covering the 50th anniversary of JFK's assassination in 2013. 
 
 In his announcement Wednesday, Schieffer thanked several people who helped advance his career: Phil Record, an editor at the Star-Telegram; the paper's editor, Jack Butler; and CBS colleagues Bill Small, Richard Salant, Sean McManus, Jeff Fager, Moonves and Rhodes. He called "Face the Nation" Executive Producer Mary Hager his "equal partner" in his career and the person to whom he feels the most indebted. 
 
 "I've never believed much in the self-made man theory; I think we all need a little help and I had a lot of help along the way," he said. 
 
 Schieffer said that one of the factors behind his decision to retire now is his pride in CBS News' current footing. 
 
 Bob Schieffer explains what keeps him going 
 
 "We, like any large organization, we have had our ups and downs; we're on a high right now," he said, praising the commitment to hard news and foreign reporting across the network. "Face the Nation, I think, is better than it has ever been." 
 
 In 2005, TCU named its journalism school in his honor and in 2013 named the college in which the journalism school is located the Bob Schieffer College of Communication. In his speech, he said it was the honor that has meant the most to him. 
 
 Schieffer is one of the few reporters in Washington to have covered all four of the major beats: the Pentagon, the White House, Congress and the State Department. He became the network's chief Washington correspondent in 1982 and was named the anchor and moderator of "Face the Nation", CBS News' Sunday public affairs broadcast, in 1991. 
 
 Schieffer anchored the Saturday edition of the "CBS Evening News" for 23 years. In March 2005, with the departure of Dan Rather, Schieffer served as interim anchor of "The CBS Evening News," until August 2006 - a period that saw a substantial increase in ratings. 
 
 Schieffer has written four books: The New York Times bestsellers "This Just in" and "Bob Schieffer's America" as well as "Face The Nation: My Favorite Stories from the First 50 Years of the Award-winning News Broadcast" and "The Acting President." 
 
 He was born in Austin, Texas and grew up in Fort Worth where he graduated from North Side High School and Texas Christian University. He served three years in the U.S. Air Force. ||||| Major Garrett, the network's chief White House correspondent, and Norah O'Donnell, the co-anchor of CBS This Morning, are two likely candidates. | AP Photo 
 
 Now that Bob Schieffer has announced his retirement, CBS News is hard at work determining who will become the next host of "Face the Nation." 
 
 Network President David Rhodes is a long way from settling on a successor. He declined to comment on the matter during an interview with the On Media blog on Wednesday night, and sources close to the network said no final decision has been made. 
 
 But there is a shortlist, those sources said: Internally, Rhodes and his fellow executives are looking at Major Garrett, the network's chief White House correspondent, and Norah O'Donnell, the co-anchor of "CBS This Morning" and substitute host for Schieffer on "Face." One source also said that John Dickerson, the network's political director, is on the list of potential replacements. 
 
 But CBS brass are considering outside talent as well: Jake Tapper, the CNN host who previously substituted for George Stephanopoulos on ABC's Sunday show "This Week," is a top consideration. ABC News chief White House correspondent Jonathan Karl is also under consideration. However, both men are believed to be under contract with their respective employers. 
 
 A key factor in CBS' decision-making process is the 2016 presidential campaign season, which is prime time for Sunday public affairs programs. While Schieffer intended to retire soon, a source close to him said that the host felt increased pressure to make the decision because CBS wanted to be well-positioned for 2016. Schieffer, while widely respected, is not as wired-in as other Sunday show hosts to the machinations of the campaign process. 
 
 Of course, CBS isn't the only Sunday morning public affairs program looking for new talent. CNN "State of the Union" host Candy Crowley left the program months ago. Since her departure, CNN has filled in with a rotating cast of hosts and has yet to announce a formal replacement. 
 
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 Read more about: Major Garrett, Jake Tapper, Face The Nation, Bob Schieffer, Norah O'Donnell, Jonathan Karl, John Dickerson ||||| Scott Pelley will stay with the network as a full-time correspondent for "60 Minutes." | AP Photo Scott Pelley out as CBS Evening News anchor 
 
 Scott Pelley is out as CBS Evening News anchor, POLITICO has confirmed. 
 
 Pelley will stay with the network as a full-time correspondent for "60 Minutes," according to people familiar with the decision. 
 
 Story Continued Below 
 
 The New York Post first reported the news on Tuesday evening. A formal announcement is expected on Wednesday. 
 
 Those familiar with the situation said the removal has been in the works for a while. Guest anchors will fill the evening news chair until a replacement is chosen. Pelley has been out on "60 Minutes" assignment for the past few days, but he's expected to return to the anchor seat to say farewell to viewers. 
 
 The 59-year-old Pelley, who has been with CBS for nearly three decades, was named anchor of the evening news in 2011, succeeding Katie Couric. 
 
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 During Pelley's tenure, "CBS Evening News" has regularly trailed ABC and NBC evening newscasts in the ratings, and had the steepest ratings drop of the three major broadcast networks in the first quarter of 2017. 
 
 CBS declined to comment. 
 
 UPDATE 5/31/17: 
 
 CBS formally announced Pelley's move to "60 Minutes" on Wednesday. Anthony Mason will serve as interim "CBS Evening News" anchor. 
 
 In a statement, CBS News President David Rhodes portrayed the move as Pelley returning to "60 Minutes" in its important 50th season. 
 
 “Scott brought the best values of 60 Minutes to the CBS Evening News, and we thank him for his commitment to the journalism of this broadcast every night these past six years,” Rhodes said. “The milestone 50th season of 60 Minutes requires Scott’s full contribution, and we look forward to important reporting from him for many years to come.” 
 
 “I find my heart filled with gratitude for the opportunity to know you, humility, in light of your sacrifices, and hope for the future of journalism because of the standards you live by,” Pelley said in the statement. “CBS has been great to me for nearly 30 years. I’m glad to accept this assignment with continuing gratitude.”
– Most people don't keep the same spouse or home for nearly half a century, much less the same job, but veteran newsman Bob Schieffer has stuck it out with CBS News for 46 years. That's a run that will end this year, he announced at alma mater Texas Christian University yesterday. "And because that is where it all started for me, I wanted this to be the place, and I wanted you all to be the first to know: This summer I am going to retire." Acknowledging the network's "ups and downs," Schieffer said one of the factors driving his decision "is that I am so proud of where CBS News is now." The 78-year-old has held the moderator job at Face the Nation since 1991; Politico has a short list of who might replace him.