diff --git a/Misc/NEWS b/Misc/NEWS
index 6c306d8..f2ba982 100644
--- a/Misc/NEWS
+++ b/Misc/NEWS
@@ -10,6 +10,9 @@
 Core and Builtins
 -----------------
 
+- Issue #14700: Fix buggy overflow checks when handling large precisions and
+  widths in old-style and new-style formatting.
+
 - Issue #6074: Ensure cached bytecode files can always be updated by the
   user that created them, even when the source file is read-only.