Kevin Warsh Makes His Fed Debut With Trump Pushing for Rate Cuts
Serious changes are likely coming to the central bank.

President Donald Trump and his allies have hailed the latest Iran deal as a major step towards a swift resolution to the war, but according to a new report from The Hill, he has already "pretty well trashed" his reputation among a key group of MAGA voters.On Sunday, the U.S. and Iran signed a new deal after weeks of negotiations to suspend hostilities for 60 days, allowing more time to work out a final deal involving Iran's nuclear programs. While the complete text of the deal has not yet been made public, it is supposed to reopen the Strait of Hormuz for oil shipments, and some reports suggest that it might also involve Iran getting $24 billion in frozen assets returned to them.In a report published Tuesday morning, The Hill argued that, while the Iran war might be considered "brief" compared to other conflicts throughout U.S. history, its difficulties have still left a major impact on the Trump administration, which may have expected a much easier win based on its own recent success."Unable to get a quick and easy, Venezuela-style win, Trump found himself exactly in the vice he had sought to avoid in his first term — the same situation that had deterred his predecessors: back down or wage a costly and unpopular ground war in Iran in pursuit of outcomes far removed from the direct concerns of most American voters," the report explained. It continued: "Perhaps the president’s more hawkish advisers unwisely assumed that once the war had begun, Trump’s pride and the desperate consequences of a loss to a third-rate power like Iran would force him to commit himself to the task and 'finish the job' rather than cut and run. But by maximizing the pain for American consumers and strangling world markets by choking off the Strait of Hormuz, the Iranians were jabbing Trump right in his solar plexus. So, unwilling or unable to rally domestic support for a larger war, Trump was forced to the negotiating table."The report further argued that this economic pain caused by the Iran war, particularly the skyrocketing cost of oil, will cause the "brief" Iran conflict to live long in the memory of voters, who have already been crunched by high prices heading into the 2026 midterms. It also suggested that the decision to wage a costly war has damaged Trump's credibility with a key faction of MAGA voters."For those 'America First' devotees on the nationalist right, meanwhile, the premise of their alliance with MAGA — 'no wars for Israel' and all that — is pretty well trashed," The Hill concluded. "And the swing voters without strong opinions on foreign policy — though doubtless very relieved at the prospect of tumbling energy prices — will certainly wonder what the point of it all was."
Serious changes are likely coming to the central bank.
Green algae have proliferated amid warm weather after Lincoln Memorial pool renovation turning water greenDonald Trump’s $14.2m attempt to turn the Lincoln Memorial reflecting pool from what the US president described as a “filthy” and “dirty” site into a “beautiful” monument has encountered a hitch.The water is green again. Continue reading...
Critics say it’s not the first time a president has vented their anger with Netanyahu with no resulting material change.
Republicans have a long list of questions about the Iran deal, and they are so far noncommittal about whether it’s even something they can support. That’s not stopping many of them from defending President Donald Trump, though, as Democrats claim the agreement is no better than the one he threw away in 2017, when he […]
An individual allegedly involved in a thwarted terrorist attack aimed at Sunday’s UFC Freedom 250 event at the White House parroted Democrat conspiracy theories about President Trump protecting child predators connected to sex offender Jeffrey Epstein, according to federal court documents. The revelation came on Tuesday, when Fox News reported on how the FBI and […]
Vice-President JD Vance appeared on "The View" today and immediately put one of the lead cackling hens in her place when she tried to smear President Trump. The post WATCH: Vice-President JD Vance Shuts Down Joy Behar After Catching Her Spreading a Big Lie About President Trump appeared first on The Gateway Pundit.
Federal prosecutors revealed details Tuesday of a 94-page indictment against 15 individuals they alleged to be affiliated with Antifa – the loosely organized anti-fascist movement that the Trump administration has designated as a terrorist organization – though mockery soon ensued after prosecutors shared a particularly “embarrassing” piece of evidence.Speaking at a press conference in Minnesota, U.S. Attorney Daniel Rosen announced that a federal indictment had been unsealed charging 15 defendants with “conspiracy to injure federal officers,” among other charges. He went on to share with reporters evidence supporting the indictment, with one example sparking widespread mockery among critics.“You see here a Facebook post from one of the defendants writing, quote: ‘We need to become ungovernable,’” Rosen said, pointing to a monitor with a screengrab of the social media post in question displayed.“Embarrassing,” noted the progressive media outlet The Tennessee Holler in a social media post on X.“Oh, so they have NOTHING nothing,” quipped independent journalist Aaron Rupar.And Jim Stewartson, an entertainment producer and political commentator, argued the press conference made a “mockery” of the American justice system.“Wait. That’s evidence of something?” Stewartson asked in a social media post on X to his nearly 150,000 followers. “Justice Department, if you keep making a mockery of the American justice system and acting as a personal defense firm for the demented pedophile running the country, you are god------ right we will become ‘ungovernable.’ Welcome to America.”Rosen not only received scrutiny from critics online, but from a journalist attending the press conference in person, Minnesota Reformer’s Madison McVan, who noted that more than a third of the individuals named in the indictment had already had their charges dismissed.“I don't think any cases have failed in any way," Rosen pushed back."It's actually half now," another reporter could be heard interjecting.Embarrassing https://t.co/nY10ZsKE7t— The Tennessee Holler (@TheTNHoller) June 16, 2026
President Donald Trump hasn't yet released what he has agreed to on the Iran deal, but there are those in his administration who aren't happy with it and think it's a mistake. According to the Mirror, Trump is pondering firing them. Those include Secretary of Defense Pete Hegseth and CIA Director John Ratcliffe. "The debate has been settled. Anyone who opposed it could pay a personal price," a source told The Mirror.One person who appears to be safe is Secretary of State Marco Rubio, who serves in multiple roles for the president. It's unclear whether Trump would be willing to fire Vice President JD Vance, who has opposed to the Iran war from the start. In April, The New York Times reported that Vance was the most skeptical voice on the strikes. But The Mirror reported that Vance is supportive of the deal. Oddly, Jared Kushner and Steve Witkoff, who have been on the team working on the deal, are also said to support it, the Mirror reported. Since the deal hasn't been revealed, it's unclear if it prevents Israel from defending itself against Hamas in Lebanon. In the past both Kushner and Witkoff have been ardent supporters of Israel's ability to defend itself. The Jerusalem Post reported on Tuesday that Witkoff and Kushner are being seen as "sell-outs" as a result of their support for the deal. Right-wing pundit and close ally of Prime Minister Benjamin Netanyahu, Yinon Magal, host of Channel 14 's The Patriots, blasted Kushner and Witkoff using a slur, saying that Trump's deal makes him look like a “loser.” Magal accused the two men of acting under pressure from Qatar and “selling their brothers in Israel.”"Rubio, Hegseth, and other officials from both the Department of Defense and State have presented an assessment that the current Iranian regime was already in decline due to economic pressure and that turning up the heat on the country would eventually end in a surrender or, alternatively, its collapse," The Mirror claimed. South Carolina Republican, Lindsey Graham, fears that the U.S. and Iran might have "different" views of what the deal is or should be. He wrote on X that he was "pleased to hear the memorandum of understanding with Iran to allow the Strait of Hormuz to open has been agreed to.""I will be watching closely the ensuing negotiations regarding Iran’s nuclear program and other matters," Graham wrote. "I am somewhat concerned that Iran’s view of the agreement seems different than what the American negotiating team is claiming."That said, Graham doesn't appear to want Trump to decide whether the deal is final. "Under our law, any nuclear deal with Iran will be sent to Congress for review and a vote," Graham claimed. "I look forward to reviewing the final product, and I believe it is imperative that the architect of the deal, Vice President Vance, and his negotiating partners be part of the process in presenting the final deal to Congress."