Legendary CBS anchor Bob Schieffer to retire this summer

Schieffer, 78, has been with CBS News for 46 years, and has moderated the network's Sunday morning public affairs talk show for the past 24 years.

In addition to his role at "Face the Nation," Schieffer is also the Chief Washington Correspondent for CBS News.

Schieffer announced that he would be moving on from the news business during a symposium at Texas Christian University.

"This is where my professional career began, this is where I wanted all of you to be the first to know, this summer I am going to retire," he said, according to CBS.

Schieffer is one of the most revered reporters in CBS history. He has won multiple awards and interviewed every president since Richard Nixon.

Most recently he interviewed President Obama in November. "Face the Nation" celebrated its 60th anniversary last year.

CNNMoney (New York) April 8, 2015: 9:12 PM ET

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