Trump on Iran Nuclear Deal, Israeli Strike, and Federal Reserve Chair Powell

California Gas Vehicle Ban

• 🚗 President Trump signed three measures to block California's ban on the sale of gas-powered vehicles, which was set to take effect by 2035.
• 💡 Trump stated that this action is intended to save the auto industry.

Potential Israeli Strike on Iran

• 🌍 CBS News reported on a potential Israeli strike on Iran, leading to US advisories for non-emergency personnel to evacuate parts of the Middle East.
• 💬 When asked about a potential strike, President Trump commented, "It looks like something that could happen."
• 🤝 Trump expressed a preference for an agreement with Iran, stating they are "fairly close to a pretty good agreement," but emphasized that Iran cannot have a nuclear weapon.
• 🇺🇸 The US special envoy for Iran, Steve Witoff, is scheduled to meet with Iranian officials in Oman.

Federal Reserve and Interest Rates

• 📉 President Trump again urged Federal Reserve Chair Jerome Powell to lower interest rates, noting that Europe has made ten rate cuts while the US has made none.
• 🗣️ Despite past calls for Powell's ouster, Trump stated he would not fire him, but reiterated his desire for lower rates to combat inflation and reduce debt costs.
• 🏦 The Federal Reserve is set to meet later this month to discuss interest rates, with current indications suggesting no change.