Closing summary
This concludes our US politics coverage for today.
Voters in Virginia have approved new congressional maps intended to boost Democrats’ chances of retaking the House of Representatives in the latest salvo of between blue and red states seeking an edge ahead of the November midterms.
The Southern Poverty Law Center, a prominent civil rights organization, has been indicted on federal fraud charges.
Trump unilaterally announced an extension of the two-week ceasefire with Iran amid frantic efforts to bring the two sides back to the negotiating table.
A US appeals court ruled Tuesday that Texas can require the Ten Commandments to be displayed in public school classrooms.
Trump’s nominee for US Federal Reserve chair, Kevin Warsh, faced a tumultuous hearing in Washington, fielding scrutiny over his wealth and his ability to operate independently of the president who appointed him.
Democratic US representative Sheila Cherfilus-McCormick said she is resigning effective immediately, after a House committee found she violated ethics rules.
The FBI director, Kash Patel, had a testy exchange with reporters when asked about the recent Atlantic article outlining claims that he excessively drinks and at times has been unreachable.
Donald Trump’s approval rating on the economy has decreased from March to April as prices climb due to the Iran war.
Updated
Democrats celebrate major redistricting win in Virginia
Barack Obama has praised Virginia voters for backing the redrawn congressional maps that could give Democrats a significant boost in the midterm elections.
“Congratulations, Virginia! Republicans are trying to tilt the midterm elections in their favor, but they haven’t done it yet. Thanks for showing us what it looks like to stand up for our democracy and fight back,” the former president wrote in a post on X.com.
Hakeem Jeffries, the House minority leader, said House Democrats have “crushed Donald Trump’s national gerrymandering scheme”, noting a string of state victories across the country.
A celebratory post from the office of Gavin Newsom, California’s governor, said California and Virginia were “protecting democracy”.
And Ken Martin, chair of the Democratic National Committee, praised Virginians for refusing to “let Trump play games with Americans’ right to fair representation”, saying, “Republicans can’t cheat their way out of accountability in 2026.”
The redistricting battle began last year after Texas’s Republican-controlled legislature redrew that state’s congressional maps in a bid to oust as many as five Democratic House lawmakers from their seats. Missouri and North Carolina also approved new district boundaries that could cost Democrats one seat in each state, as my colleagues summarized. California voters retaliated by passing new maps that could flip five Republican-held seats, and the Virginia election is now the second time a Democratic gerrymander was approved by voters.
Updated
Virginia voters approve redistricting measure in key win for Democrats
Virginia voters have approved a measure to adopt new congressional maps, according to the Associated Press, a major victory for Democrats that could help the party win control of the House of Representatives.
The redrawn maps could allow Democrats to win as many as four additional House seats in the midterm elections, though the referendum is expected to face legal challenges.
Updated
Federal appeals court allows Texas to display 10 Commandments in schools
A federal appeals court dealt a victory on Tuesday to conservative Christians with a ruling that allows Texas public school classrooms to display the Ten Commandments.
Last year, Texas governor Greg Abbott signed a bill mandating that public elementary and secondary schools put up the commandments. Critics argued that the piece of legislation violated a First Amendment clause regarding the “free exercise” of religion. The bill went into effect in September, but was blocked from being enforced in several districts, including Houston and Fort Worth.
“Students are neither catechized on the Commandments nor taught to adopt them. Nor are teachers commanded to proselytize students who ask about the displays or contradict students who disagree with them,” wrote the conservative-leaning 5th US Circuit Court of Appeals in its ruling.
Nationwide, Republican-led states have sought to insert religion, particularly Christian doctrine, into public schooling. A similar measure in Louisiana was deemed unconstitutional, before being cleared by the 5th U.S. Circuit Court of Appeals.
Texas attorney general Ken Paxton hailed the decision in a statement. “The Ten Commandments have had a profound impact on our nation, and it’s important that students learn from them every single day,” he said.
A multi-faith group of families, who had filed suit against the bill, issued a statement through the American Civil Liberties Union expressing their disappointment.
Summary
The Southern Poverty Law Center, a prominent civil rights organization, has been indicted on federal fraud charges.
Polls have closed in Virginia, which is deciding whether to adopt new congressional maps that could help Democrats win control of the House of Representatives.
Trump unilaterally announced an extension of the two-week ceasefire with Iran amid frantic efforts to bring the two sides back to the negotiating table.
Trump’s nominee for US Federal Reserve chair, Kevin Warsh, faced a tumultuous hearing in Washington, fielding scrutiny over his wealth and his ability to operate independently of the president who appointed him.
Democratic US representative Sheila Cherfilus-McCormick said she is resigning effective immediately, after a House committee found she violated ethics rules.
The FBI director, Kash Patel, had a testy exchange with reporters when asked about the recent Atlantic article outlining claims that he excessively drinks and at times has been unreachable.
Donald Trump’s approval rating on the economy has decreased from March to April as prices climb due to the Iran war.
Polls close in key Virginia redistricting race
Polls closed moments ago in Virginia, where voters were asked whether they wanted to amend the constitution to temporarily adopt new congressional districts that would help Democrats in this year’s midterm elections.
Recent surveys show the redistricting referendum carrying a narrow lead in the state that just elected a new Democratic governor.
The special election is the latest front in a tit-for-tat redistricting war set in motion by Donald Trump, who requested Texas redraw its congressional maps in Republicans’ favor. California retaliated and since then a host of other states have changed their boundaries or weighed changes.
Department of Justice announces indictment against prominent civil rights group
The Southern Poverty Law Center (SPLC), a prominent civil rights organization, has been indicted on federal fraud charges related to past payments it made to confidential informants to infiltrate extremist groups including the Ku Klux Klan, the justice department announced on Tuesday.
Speaking to reporters in Washington, Todd Blanche, the acting attorney general, said an Alabama grand jury returned an 11-count indictment against the civil rights group in the case brought by the justice department in Alabama, where the organization is based. The charges include wire fraud, bank fraud and conspiracy to commit money laundering.
In his remarks, Blanche alleged that the group was “doing the exact opposite of what it’s told its donors it was doing – not dismantling extremism, but funding it”.
The indictment was announced shortly after the SPLC’s CEO, Bryan Fair, revealed that the justice department had launched a criminal inquiry into the organization. Fair said the group used to use paid informants to infiltrate extremist groups and monitor them, but no longer does.
“This use of informants was necessary because we are no stranger to threats of violence. In 1983, our offices were firebombed, and in the years since, there have been countless credible threats against our staff,” he said. “For decades, we engaged in unprecedented litigation to dismantle the Klan and other hate groups. In light of that work, we sought to protect the safety of our staff and the public.”
Kash Patel faces questions about the Atlantic article
The FBI director, Kash Patel, had a testy exchange with reporters when asked about the recent Atlantic article outlining claims that he excessively drinks and at times has been unreachable.
At a Department of Justice press conference, a reporter asked Patel to “respond directly” to the claims that his '“unexplained absences created a national security risk” and if he could “definitively” say he has not been intoxicated or absent during his tenure.
Patel responded, “I can say unequivocally that I never listen to the fake news mafia and … when they get louder, it just means I’m doing my job.” He then said he has worked “twice as many days as every director before me”, saying that meant he has “taken a third less vacation than those before me”. After rattling off statistics about the FBI’s achievements during his tenure, he said: “I’m like an everyday American who loves his country, loves his sport of hockey and champions my friends when they raise a gold medal and invite me in to celebrate. I’ve never been intoxicated on the job, and that is why we filed a … defamation lawsuit.”
Patel was referencing the $250m defamation suit he filed against the magazine on Monday, along with the scrutiny he has faced for traveling to Italy on an FBI jet for the US men’s hockey team’s final and then chugging beer in the locker room.
A reporter then asked Patel about a claim in the Atlantic that when he recently struggled to log on to an internal computer system, he “became convinced that he had been locked out” and was fired. The director and the reporter talked over each other, with Patel saying, “The problem with you and your baseless reporting is that is an absolute lie. It was never said, it never happened.” The reporter asked him to clarify the acknowledgement in Patel’s lawsuit that he had, in fact, had a “routine technical problem logging into a government system”, but Patel didn’t directly address the question.
Yassamin Ansari, an Iranian American member of Congress, said she has been subjected to “unfounded attacks and threats against her family and staff” in a new statement.
The Democratic representative from Arizona, who has called for the president’s removal due to his handling of the war in Iran, said she has faced “hateful rhetoric, lies, cruel and deliberate misinformation, and threats” over the last two months, escalating after she introduced articles of impeachment against Pete Hegseth, the defense secretary. Ansari said her office has had to report threats to law enforcement, writing:
Bad actors have tried to smear my family and staff by circulating fake and AI-generated images and flat-out lying that my parents and I are not US citizens. They have pushed xenophobic and sexist attacks and amplified absurd conspiracy theories about my family. They’ve even gone so far as to spread the outright lie that I am somehow tied to the regime. I will say this once and move on: these absurd allegations are entirely false and I denounce them in the strongest terms.”
In an earlier interview with the Guardian, Ansari called Trump “mentally unstable” and an “evil human being” who “wants to be an emperor”. Our previous coverage:
Trump's approval rating on the economy falls
Donald Trump’s approval rating on the economy has decreased from March to April as prices climb due to the Iran war, according to an Associated Press-NORC Center for Public Affairs Research poll released today.
Only 30 percent of respondents approve of his handling of the economy, down from 38 percent in March, the AP reported. Only 32% approve of his leadership on Iran, which has remained at the same levels since last month. And only 33 percent of US adults approve of his overall job performance, a dip from 38 percent in March.
The poll was conducted 16 April to 20 April, a period in which the strait of Hormuz reopened and closed, the AP noted.
Trump, who has repeatedly boasted about lowering prices, had particularly low ratings on the cost of living, with only about 25% approval.
A separate Reuters/Ipsos poll from today also found the president’s approval rating at the lowest of his term, with many questioning his handling of the Iran war and his feud with Pope Leo. That six-day poll concluded only 36 percent of Americans approve of his job performance.
Updated
Trump says he will extend ceasefire in Iran
Donald Trump said on social media that he would “extend the ceasefire” in Iran, hours after he said in an interview he did not want to do that.
The president’s post on his Truth Social website said Pakistan’s military chief, Field Marshal Asim Munir, and the prime minister, Shehbaz Sharif requested a continued ceasefire: “We have been asked to hold our Attack on the Country of Iran until such time as their leaders and representatives can come up with a unified proposal.” He said the request was due to Iran’s government being “seriously fractured”.
Trump wrote:
I have therefore directed our Military to continue the Blockade and, in all other respects, remain ready and able, and will therefore extend the Ceasefire until such time as their proposal is submitted, and discussions are concluded, one way or the other.
Senate budget committee releases plan for reconciliation bill to fund ICE and border patrol
The Senate budget committee released the text for the budget reconciliation bill that Republicans hope to pass in order to fund Immigration and Customs Enforcement (ICE) and border patrol for the remainder of Donald Trump’s second term in office.
A staffer for Senate majority leader John Thune, said that total spending for the funding request “will be closer to $70bn”, which would “replace the base funding that Dems have been blocking through the appropriations process”.
A reminder that GOP leadership has been considering a reconciliation bill, which only needs a simple majority to pass, since negotiations to fund the Department of Homeland Security (DHS) collapsed. The record-breaking partial shutdown is now in its 10th week.
“Republicans are doing something that must be done quickly, and that our Democrat colleagues are trying to prevent us from doing. That something is simple: fully fund Border Patrol and ICE at a time of great threat to the United States,” said Senator Lindsey Graham, chair of the budget committee. “With this budget resolution, we are moving forward – not backward – on rational immigration policies that secure our border.”
The president has pushed top Republicans to have the legislation on his desk by 1 June.
Cherfilus-McCormick, 47, was facing pressure from members of Congress from both parties, who vowed to bring an expulsion vote against the Florida Democrat. It’s worth noting that she has pleaded not guilty to the charges leveled against her.
Her resignation comes off the heals of two other lawmakers who left Congress last week. Eric Swalwell, the former Democratic congressman from California, stepped down amid allegations of rape and sexual misconduct came to light during his gubernatorial bid. Meanwhile, Tony Gonzales, the beleagured Texas Republican, left office after admitting to an extra-marital affair with a former aide who later took her own life.
Both Swalwell and Gonzales resigned before the House ethics committee could complete their respective investigations into both representatives.
Cherfilus-McCormick stepped down moments before the panel could vote on whether to recommend her expulsion. She has said that it was a “dangerous path” to issue a vote before “due process is complete” and her federal case played out.
Only six House members have been expelled in the history of the chamber, the most recent being former congressman George Santos in 2023.
Sheila Cherfilus-McCormick resigns after ethics committee finds her guilty of stealing federal funds
Democratic Representative Sheila Cherfilus-McCormick said she is resigning from Congress effective immediately, after a House committee found she violated ethics rules. The panel was set to issue its recommended punishment for the Florida congresswoman on Tuesday.
Cherfilus-McCormick was also indicted by a federal grand jury in November for allegedly funneling more than $5m worth of federal disaster funds from her company into her 2021 congressional campaign.
“The Ethics Committee refused my new attorney’s reasonable request for time to prepare my defense,” Cherfilus-McCormick said in a statement. “By going forward with this process while a criminal indictment is pending, the Committee prevented me from defending myself.” She also said the process has been a “witch-hunt”, and instead of playing “political games” she is stepping down to devote time to “fighting for my neighbors in Florida’s 20th district”.
Updated
The US vice-president JD Vance has not yet departed Washington for talks on Iran and is participating in additional policy meetings, a White House official said on Tuesday afternoon.
It comes as president Donald Trump said earlier in the day that the US is in a strong position for talks with Iran during a second round of negotiations in Pakistan.
“We’re going to end up with a great deal. I think they have no choice … We’re in a very, very strong negotiating position,” Trump told CNBC earlier.
A US delegation led by Vance had been expected to leave shortly from Washington for Islamabad, which earlier this month hosted a first round of talks, ending without progress.
Recap of Kevin Warsh's confirmation hearing
Warsh was grilled about his capability for independence if he were to be confirmed as Federal Reserve chairman. Democratic lawmakers on the Senate banking committee said that Donald Trump’s overtures for the central bank to cut interest rates at his insistence, could leave his nominee susceptible to deference. During the hearing, Senator Elizabeth Warren said she was concerned that Warsh would be a “sock puppet” for the president, while Senator Jack Reed noted that earlier Trump said he would be disappointed if the next Fed chair didn’t slash interest rates, despite rising inflation. Later Warsh said that the president has never asked him to “predetermine, commit, fix, decide on any interest rate decision in any of our discussions. Nor would I ever agree to do so”.
Warsh faced questions about his financial disclosures, and more than $100m in assets. Warren had a particularly heated exchange with the Fed chair nominee about some of the investments, which come with confidentiality agreements. Warsh avoided the Democratic senator’s questions about whether any of these companies are affiliated with Trump or his family, Chinese control companies, facilitate money laundering, or help finance vehicles set up by Jeffrey Epstein. Trump’s pick to lead the central bank simply said that he would sell these assets if he is confirmed by the Senate.
In another back-and-forth with Warren, Warsh refused to say that Donald Trump lost the 2020 election. “I’m just asking a factual question. I need to know. I need to measure your independence and your courage,” Warren said. “Senator, I believe that this body certified that election many years ago,” Warsh replied, earlier noting that the Federal Reserve tries to “keep out of politics”.
Lawmakers from both side of the aisle noted the pressure Trump has put on current chair Jerome Powell, and how that’s sought to muddle Fed independence. Senator Thom Tillis, the outgoing Republican who has vowed to stall Warsh’s confirmation until the criminal investigation into Jerome Powell’s handling of the Federal Reserve renovations is dropped, said that Trump’s pick to lead the central bank has “extraordinary credentials” but implored the justice department to “get rid” of the probe into Powell, so he could support Warsh’s nomination.
Updated
The Department of Justice has launched a criminal investigation into the Southern Poverty Law Center (SPLC), a prominent civil rights organization, the group’s CEO said on Tuesday.
Bryan Fair, the CEO of the SPLC, said the details of the investigation were not entirely clear, though “the focus appears to be on the SPLC’s prior use of paid confidential informants to gather credible intelligence on extremely violent groups”.
The investigation is being handled by the US attorney district for the middle district of Alabama, which includes Montgomery, the state capital where the SPLC is based, according to a person familiar with the matter. The justice department and the US attorney’s office for the middle district of Alabama did not respond to a request for comment.
Fair said the group used to use paid informants to infiltrate extremist groups and monitor them, but no longer does.
“This use of informants was necessary because we are no stranger to threats of violence. In 1983, our offices were firebombed, and in the years since, there have been countless credible threats against our staff,” he said. “For decades, we engaged in unprecedented litigation to dismantle the Klan and other hate groups. In light of that work, we sought to protect the safety of our staff and the public.”
The investigation comes as the Trump administration has pledged to crack down on non-profit groups opposed to its priorities. Conservative groups have long decried the way the SPLC has labelled certain right-leaning groups as “hate groups”.
Warsh dodged a question by Republican senator Bernie Moreno, who claimed maximum employment in the US is threatened by illegal immigration.
“I’m gonna let you guys handle immigration policy,” Warsh said.
“The central bank takes the labor market is as it is, and that’s a function of policies you and the administration put in place. It’s not our place to be opining on that,” he added.
The hearing was finalized after Moreno’s turn.
During today’s hearing, Democratic senator Lisa Blunt Rochester was skeptical of “making a bet” on artificial intelligence and adjusting economic policy based on predictions, especially amid the lack of data on AI. She asked Warsh about what would happen to policy if the surge doesn’t materialize as expected.
“I think the essential elements of new policy for the Federal Reserve is to get access to better data and to dig deeper into the productivity possibilities that can come out of this new investment wave,” Warsh said. “Today, we call it artificial intelligence. Two years from now, we’re going to call it business CapEx, and three years from now, we’re going to call it just ordinary business.”
“I think it has two important effects on the conduct of policy. I don’t claim to have perfect knowledge of how any of these are going to go, but I do have an intuition the pace of change is accelerating,” he added.
Democratic senator Andy Kim discussed the financial woes of everyday Americans during today’s hearing and asked Warsh whether he agrees that American families are currently struggling with affordability.
“Central bankers should not be second-guessing what people feel and see in their own lives, people’s experience, lived experiences, matter to them,” Warsh said. “What I can say is the central bank has some responsibility for the things that you’ve described, and that the legacy of inflation, what I think is the biggest economic policy error in 40 or 50 years, happened just a few years ago, and we’re still living with the remnants of it.”
Kim also asked Warsh whether he is concerned about long-term price increases amid the war in Iran.
“The Fed should have an open mind towards all sorts of data, but the things that central banks can affect are things that are not one-off in nature, but are persistent and find their way into the generalized price level,” Warsh replied.
Senator Thom Tillis, the outgoing Republican who has vowed to stall Warsh’s confirmation until the criminal investigation into Jerome Powell is dropped, said that Trump’s pick to lead the central bank has “extraordinary credentials” and he praised Warsh’s focus on ensuring Fed independence.
However, Tillis said that the probe into Powell’s handing of the Federal Reserve renovations is fundamentally unnecessary. “There were a variety of reasons why this building went over budget,” he said, while staff held up posters explaning the escalating costs. “If we put everybody in prison in federal government that had had a budget go over, we’d have to reserve an area roughly the size of Texas for a penal colony.”
He implored the justice department to “get rid” of the probe into Powell, so he could support Warsh’s confirmation.
Senator Jack Reed, another Democrat, also pressed Warsh about an interview earlier today where Donald Trump said he would be disappointed if the new Fed chair doesn’t cut interest rates.
Warsh said he would maintain independence, despite the fact that the president expresses his desire to cut rates “quite publicly, without surrogates or subterfuge”.
Later, Warsh said that Trump has never asked him to “predetermine, commit, fix, decide on any interest rate decision in any of our discussions. Nor would I ever agree to do so,” in response to a question from Senator John Kennedy.
Updated
Warsh refuses to say that Trump lost 2020 election
In another back-and-forth with Democratic senator Elizabeth Warren, Warsh refused to say that Donald Trump lost the 2020 election.
“I’m just asking a factual question. I need to know. I need to measure your independence and your courage,” Warren said.
“Senator, I believe that this body certified that election many years ago,” Warsh replied, earlier noting that the Federal Reserve tries to “keep out of politics”.
Warren engaged in a particularly heated exchange Trump’s pick to lead the Federal Reserve.
One of her main causes of concern is that Warsh holds assets worth well over $100m. According to the financial disclosures Warsh was required to submit for the role of Fed chair, he holds two investments worth more than $50m each in the Juggernaut Fund LP and $10.2m in consulting fees from the investment office of billionaire Stanley Druckenmiller.
However, the Juggernaut Fund investments, for example, come with confidentiality agreements that don’t require Warsh to disclose details of the assets.
Warren asked Warsh whether any of these stakes are in companies affiliated with Trump or his family, companies that have facilitated money laundering, Chinese-controlled companies, or helping to finance vehicles set up by Jeffrey Epstein.
In response, Warsh simply insisted that he would sell these assets if confirmed, but did not directly answer Warren’s line of questions.
“You just won’t tell us,” Warren said. “Will you disclose how you [will] divest those assets, or will you just collect the check for $100m?”
Updated
Warsh insists that he will maintain Fed independence, regardless of pressure from administration
During his opening statement today, Kevin Warsh told lawmakers on the banking committee that the independence of the Federal Reserve is paramount. Senator Elizabeth Warren has said that she is concerned Warsh would simply be a “sock puppet” for Donald Trump. Today, Warsh said that he does not believe that “independence of monetary policy is threatened when elected officials speak their views on rates fed. Independence is up to the Fed”.
Warren: ‘We should not be having this hearing today’
Elizabeth Warren, the ranking member of the Senate banking committee, said that “we should not be having this hearing today” while addressing Kevin Warsh and her colleagues on the panel.
Warren said that Donald Trump’s “chaotic tariffs”, the One Big, Beautiful Bill and his war with Iran are all “driving up the cost of nearly everything here at home”.
The Democratic senator also noted that Trump has “repeatedly and illegally attempted to take over the Fed”, with his “bogus attacks” on Governor Lisa cook and chair Jerome Powell.
Warren said these attempts were designed to "threaten all the members of the Fed to do the president’s “bidding “and open more spots for “Trump flunkies”.
Kevin Warsh’s confirmation hearing has started, and we’ll bring you the latest lines as it gets under way.
The Senate banking committee’s chair, Republican Tim Scott, kicked off his opening remarks by underscoring the importance of the central bank, and the role of its chair.
“Monetary policy choices made at the Federal Reserve can affect the Americans ability to buy groceries, whether or not they can afford a home, how far their paycheck goes, especially at the end of the month,” Scott said.
He noted that, under the Biden administration, the Federal Reserve “appeared to move with the political winds, raising real concerns about politics and weaponizing on the most powerful weapons we have for good”.
However, since Donald Trump returned to office, he’s instigated a feud with the current chair, Jerome Powell. The president has routinely slammed Powell for refusing to cut interest rates at his insistence. He’s also pushed a criminal investigation into Powell for alleged mismanagement of Federal Reserve renovations.
Hegseth says that Pentagon is ending flu vaccine requirement for service members
In a video posted to social media, Pete Hegseth signed an new policy ending the flu vaccine requirement for US service members.
The defense secretary said he was using this opportunity to “discard any overreaching mandates that only weaken our war-fighting capability”.
Medical experts note that the flu vaccine protects against three or four virus strains that cause influenza each year, and most severe cases of the virus are in unvaccinated individuals.
“The notion that a flu vaccine must be mandatory for every service member, everywhere, in every circumstance at all times, is just overly broad and not rational,” Hegseth said in the video posted to X today.
“If you, an American warrior, entrusted to defend this nation, believe that the flu vaccine is in your best interest, then you are free to take it,” he added. “But we will not force you, because your body, your faith and your convictions are not negotiable.”
Nearly three months to the day after his term as Virginia’s governor ended, Republican Glenn Youngkin stood in an unshaded corner of an office parking lot to warn dozens of conservative activists that they were in the midst of “the most important election” in the commonwealth’s 237-year history.
The question before the voters casting ballots at an early voting precinct a few yards away in the city of Leesburg, ahead of Tuesday’s special election, was whether to temporarily set aside Virginia’s congressional maps intended to advantage neither party and replace them with a new version that could allow Democrats to win all but one seat in the 11-member delegation in the November midterm elections.
“They want to override the voice of Virginia and push us into what is now being called the most partisan, most gerrymandered map in America, worse than Illinois, worse than California,” Youngkin warned.
Left unmentioned by the former governor was the role of Donald Trump, who instigated the nationwide redistricting war last year in an effort to preserve Republican control of Congress for the entirety of his second term, sparking a tit-for-tat between red and blue states that will see its latest skirmish decided on Tuesday, when polls close in Virginia’s redistricting referendum.
Trump says he would be disappointed if Warsh did not cut rates as Fed chair
Also in his interview with CNBC, Donald Trump said that he “would be” disappointed if Kevin Warsh, his nominee to lead the Federal Reserve, did not cut interest rates as soon as he took office after being confirmed by the Senate.
A reminder that Warsh is facing lawmakers today in a hearing, where he’ll face questions about his loyalty to the president and whether this would impact the central bank’s independence. Warsh is also facing pushback from one of the critical Republican votes on the Senate banking committee – Thom Tillis – who has refused to confirm any of Trump pick to lead the Fed as long as the criminal probe into Jerome Powell continues.
The president has remained resolute that “we have to find out” about the renovations of the new Federal Reserve building, which he has accused Powell of mismanaging, leading the justice department to investigate.
Updated
Trump says he does not want to extend ceasefire with Iran
Donald Trump said that he does not want to extend the two-week ceasefire with Iran, in an interview with CNBC. “I dont’ want to do that. We don’t have that much time,” the president said. The pause is set to expire tomorrow, and vice-president JD Vance will lead last-ditch talks in Islamabad today, in the hopes of striking a deal with Tehran.
However, speaking to Joe Kernen, Trump said that he plans to resume strikes if negotiations collapse. “I expect to be bombing because I think that’s a better attitude to go in with,” the president added. “But we’re ready to go. I mean, the military is raring to go.”
Trump, regardless, remained convinced that “we’re going to end up with a great deal”.
Updated
Donald Trump is in Washington today. He’s set to take part in an interview with CNBC’s ‘Squawk Box’ at 8:30am ET.
The president will spend the rest of the day in meetings until 4pm ET, when he welcomes the NCAA Collegiate National Champions to the White House.
We’ll bring you the latest lines from both opportunities to hear from Trump.
Trump heaps praise on outgoing Apple CEO Tim Cook
The president is awake and has used his first social media post of the day to heap praise on Apple’s outgoing CEO Tim Cook.
Donald Trump said he has “always been a fan” of Cook, adding that if Steve Jobs had not died aged 56, he would not have run the company anywhere “near as well as [well]” as under Cook.
He wrote:
For me it began with a phone call from Tim at the beginning of my First Term. He had a fairly large problem that only I, as President, could fix. Most people would have paid millions of dollars to a consultant, who I probably would not have known, but who would say that he knew me well. The fees would be paid but the job would not have gotten done. When I got the call I said, wow, it’s Tim Apple (Cook!) calling, how big is that? I was very impressed with myself to have the head of Apple calling to “kiss my ass.”
Anyway, he explained his problem, a tough one it was, I felt he was right and got it taken care of, quickly and effectively. That was the beginning of a long and very nice relationship. During my five years as President, Tim would call me, but never too much, and I would help him where I could. Years latter, after 3 or 4 BIG HELPS, I started to say to people, anyone who would listen, that this guy is an amazing manager and leader.
Trump added:
Anyway, Tim Cook had an AMAZING career, almost incomparable, and will go on and continue to do great work for Apple, and whatever else he chooses to work on. Quite simply, Tim Cook is an incredible guy!!!
Updated
Two regional officials said on Tuesday that the United States and Iran have signaled they will hold a new round of the ceasefire talks in Islamabad.
The officials’ comments come as neither the US nor Iran have publicly confirmed the timing of the talks, with Iranian state television denying any official was already in Pakistan’s capital.
Pakistan-led mediators received confirmation that top negotiators, US vice-president JD Vance and Iran’s parliament speaker Mohammad Bagher Qalibaf, will arrive in Islamabad early Wednesday to lead their teams in the talks, the officials told the Associated Press.
President Donald Trump and many of his leading Christian supporters and top Republicans are taking part this week in a marathon reading of the Bible in an America 250-themed event billed as encouraging a “return to the spiritual foundation that has shaped our country.”
The America Reads the Bible event - with each participant reading a passage aloud – is being live-streamed this week from the Museum of the Bible in Washington and other locations, AP reported.
It is slated to feature a video of Trump on Tuesday evening reading a passage that called for national repentance in ancient Israel - words that have been used prominently for decades by those promoting the belief that America has been and should be a Christian nation.
The Bible is “indelibly woven into our national identity and way of life,” Trump said in a statement commemorating the event.
The statement cited historical figures such as the Puritan leader John Winthrop as “imploring his fellow Christian settlers to stand as a beacon of faith for all the world to see.”
On the face of it, Kevin Warsh looks like an ideal candidate to chair the Federal Reserve, the world’s most important central bank.
The 56-year-old Ivy League economist, former Wall Street banker and presidential adviser ticks all the boxes. Unfortunately for Warsh, as he faces what could be a fraught nomination hearing, his biggest backer is also his biggest liability.
In his second term, Donald Trump has attacked the Fed in a manner both unprecedented and unseemly. He has called current chair Jerome Powell – whom he also appointed – a “jerk”, “a stubborn MORON”, and repeatedly threatened to fire him.
The tension comes from Trump’s desire for lower interest rates. The problem: the president can’t set interest rates.
But Trump thinks he’s found a saving grace in Warsh. Warsh is set to appear in front of the Senate’s banking committee for his nomination hearing on Tuesday morning, where he is expected to be grilled by Democrats and Republicans alike.
President Donald Trump’s approval rating held at the lowest of his term in recent days as many Americans questioned his temperament amid the Iran war and a feud with Pope Leo, a Reuters/Ipsos poll found.
The six-day public opinion poll, concluded on Monday, showed only 36% of Americans approve of Trump’s job performance, unchanged from a month earlier.
Trump enjoyed the highest approval rating of his current term, 47%, shortly after he was sworn in to office in January 2025.
Trump has been under pressure since his administration and Israel launched a war against Iran in February that has pushed gasoline prices sharply higher.
Some 36% of Americans approve of US military strikes against Iran, compared with 35% in a Reuters/Ipsos poll conducted 10-12 April.
The latest poll of 4,557 adults nationwide, conducted online, had a margin of error of two percentage points.
Jerome Powell’s term as chair ends on 15 May. He said last month that he would remain as chair until a successor is named.
Powell also is serving a separate term as a member of the Fed’s governing board that lasts until January 2028.
Fed chairs typically leave the board when their terms as chairs ends, but Powell also said last month he would remain on the board, even if a new chair is approved, until the investigation is dropped.
When asked about Powell’s comments, Trump said he would fire Powell if he tried to stay at the Fed.
Yet Trump’s previous attempt to remove a Fed governor, Lisa Cook, has been tied up in courts.
During oral arguments in January, a majority of justices on the Supreme Court appeared to lean towards letting Cook keep her job.
While the long-delayed hearing is a necessary step for Kevin Warsh, it’s not clear when the committee may even be able to vote on his nomination.
The Justice Department is investigating Powell and the Fed over a building renovation, and senator Thom Tillis, a North Carolina Republican, has said he would effectively block Warsh until the probe is dropped, AP reported.
“Clearly there’s a majority of the committee that’s not going to move this nomination forward, especially while this sham of a criminal investigation is going on,” senator Tina Smith, a Democrat from Minnesota, told reporters on a conference call Monday.
“It feels a bit like we’re going through the motions when we really have not addressed the fundamental challenges that this nomination has.”
The turmoil could make a potential transition from Powell to Warsh an unusually turbulent one for the world’s most important central bank, which has typically seen smooth transfers of power.
Should the change in leadership prove difficult, it could unnerve markets and lift longer-term interest rates.
Trump’s Federal Reserve chair pick to face lawmakers at key confirmation hearing
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President Donald Trump’s choice to lead the Federal Reserve will commit to protecting central bank independence on interest rates at a crucial confirmation hearing later today.
“I am committed to ensuring that the conduct of monetary policy remains strictly independent,” Kevin Warsh is to say in an opening statement to the Senate Banking Committee. He is also expected to express commitment to fighting inflation, according to remarks seen by the AFP news agency.
The hearing, scheduled for 10am ET, will be closely watched as it marks a key hurdle Warsh must overcome in order to succeed Fed chair Jerome Powell when his term ends on 15 May.
But the session will be tense, with all 11 Democrats on the Banking Committee last week urging for a delay in the nomination’s proceedings until separate investigations into Powell and Fed governor Lisa Cook are closed.
Republican senator Thom Tillis, who sits on the panel led by his party, has also vowed to block all Fed nominees – including Warsh – until the Justice Department probe involving Powell is resolved. With 13 Republican members on the committee, Tillis’ vote against Warsh’s confirmation could be enough to set up an impasse.
Warsh is due to face questioning from lawmakers on issues ranging from his wealth to past connections with the late sex offender Jeffrey Epstein, alongside his views on economic issues.
In other developments:
Lori Chavez-DeRemer, Donald Trump’s labor secretary, resigned from her role with the administration. She said it was “an honor and a privilege to serve” to serve and that she would take on a job in the private sector. The departure came after she became entangled in a string of political and personal controversies. Democrats celebrated, writing “this administration is imploding”.
Chuck Schumer, the Senate minority leader, called for Kash Patel’s immediate resignation following a report from the Atlantic detailing the FBI director’s alleged excessive drinking and absences. Patel has sued the magazine for defamation with his attorneys calling the article a “sweeping, malicious, and defamatory hit piece”.
Donald Trump signed memorandums related to coal supply chains, natural gas and grid infrastructure on Monday. The president invoked the Defense Production Act in the energy-related memos, writing that increasing energy production is “essential to United States national defense”.
The crowded field of Democratic candidates in the California’s governor’s race appears to be narrowing as Betty Yee — a former state controller— announced Monday she planned to end her campaign. Meanwhile, the California Democratic party chair Rusty Hicks continued to urge candidates trailing in the polls to exit the race.