In a speech at his alma mater, news anchor Bob Schieffer announced that he will retiring from CBS News. Schieffer will step down this summer.

"Speaking at the annual Schieffer Symposium," said David Rhodes, president of CBS News, "with colleagues Gayle King, Holly Williams and a large audience of students and friends from his home community, Bob said he wanted to end it where it began."

"It's been a great adventure," Schieffer said in his remarks at TCU. "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."

Schieffer has been the host of Face The Nation for 23 years and is one of the very few television journalists who has covered the four major news beats in Washington D.C. — the White House, the Pentagon, the Department of State and the Congress.

Schieffer has won many awards, "including eight Emmys, the Edward R. Murrow Award, the Overseas Press Club Award, and the Paul White Award from the TV News Directors Association, and was named a living legend by the Libary of Congress. In 2013, he was inducted into the National Academy of Television Arts & Sciences Hall of Fame."