\n<\/p>\n
We\u2019re going to quickly pivot from Trump\u2019s press conference to share that Jay Clayton\u2019s nomination hearing has officially been canceled for Wednesday, according to the Senate intelligence committee chair, Tom Cotton.<\/strong><\/p>\n Trump directed Clayton to not appear at the hearing scheduled for this afternoon, according to Cotton. The Republican senator, a staunch ally of the president, called the order \u201cregrettable\u201d in rare public criticism of Trump.<\/p>\n In a post on X<\/a>, he wrote:<\/p>\n double quotation markIt\u2019s regrettable that the president has directed Jay Clayton not to appear at his confirmation hearing today. Mr Clayton is a patriot and a highly qualified nominee, as the president has said repeatedly. While today\u2019s hearing is now unfortunately postponed, I look forward to proceeding with his confirmation in the near future.<\/p>\n Share<\/p>\n Updated at\u00a013.28 EDT<\/p>\n <\/span><\/span><\/p>\n Key events<\/p>\n <\/span><\/span><\/p>\n And we have that now. At Kevin Warsh<\/strong>\u2019s first meeting in charge, the Federal Reserve<\/strong> has held interest rates steady for the fourth consecutive meeting, with policymakers projecting one rate hike by the end of the year.<\/p>\n The rate decision was unanimous for the first time in a year, a Fed statement said, with policymakers removing forward guidance on the direction of the interest rate.<\/p>\n In their Summary of Economic Projections, however, 18 of 19 policymakers projected an interest rate hike by the end of the year. One policymaker withheld their projection.<\/p>\n The Fed raised its year-end inflation expectations, with price increases currently at a three-year high and not expected to return to the central bank\u2019s 2% target until 2028.<\/p>\n It also raised its inflation expectation for the Personal Consumption Expenditures price index to 3.6% by the end of 2026, up from 2.7% in March, according to its Summary of Economic Projections.<\/p>\n Share<\/p>\n Updated at\u00a014.11 EDT<\/p>\n Kevin Warsh<\/strong> is due to hold his first news conference as chair of the Federal Reserve<\/strong> shortly, following his first federal open markets committee meeting in the role, where he is expected to announce where the Fed sees interest rates going.<\/p>\n Before that, we expect the Fed to release a policy statement alongside its rate decision, and economic projections for where policymakers see interest rates going over the coming years.<\/p>\n Share<\/p>\n Updated at\u00a014.03 EDT<\/p>\n Senior US<\/strong> officials have dictated the memorandum of understanding with Iran<\/strong> to journalists after days of secrecy.<\/p>\n The officials spoke on condition of anonymity to read the draft, which Iran has not released, ahead of a formal signing ceremony set for Friday in Switzerland.<\/p>\n According to the officials, the draft agreement includes a new \u201cminimum\u201d standard for down-blending of highly enriched Iranian uranium<\/strong> and has provisions to ensure the \u201cterritorial integrity\u201d of Lebanon<\/strong> after Israel\u2019s continued attacks against Hezbollah in Lebanese territory.<\/p>\n In return, the US will move to waive, but not eliminate, some wide-ranging sanctions against Iran once the deal is signed<\/strong>.<\/p>\n The US draft of the agreement also secures toll-free passage of the strait of Hormuz for only 60 days<\/strong>, and it does not preclude fees in the future<\/strong>, the officials said.<\/p>\n The accord is due to be signed on Friday in B\u00fcrgenstock, Switzerland. The Associated Press reports that it also envisions Iran receiving at least $300bn to rebuild after the war, citing leaked copies of an interim agreement that officials say broadly matches the document.<\/p>\n Share<\/p>\n Updated at\u00a013.44 EDT<\/p>\n Michael Sainato<\/span><\/p>\n Keith Sonderling<\/strong> sent letters to 53 states and US territories demanding action to \u201ccombat waste, fraud and abuse\u201d within the unemployment insurance program, threatening to withhold administrative funds from states for the first time history<\/strong>.<\/p>\n \u201cWe are officially putting governors on notice,\u201d <\/strong>said the acting US secretary of labor. \u201cThe American people will no longer tolerate the blatant waste, fraud and abuse of their hard-earned tax dollars \u2013 no state should allow it either. If states allow it, they will suffer the consequences. This department is no longer afraid to use every lever available to ensure taxpayer money is protected.\u201d<\/p>\n The agency did not provide data on fraud or alleged fraud in unemployment systems, but highlighted three Democratic-led states \u2013 California<\/strong>, New York<\/strong> and Illinois<\/strong> \u2013 and made claims about each.<\/p>\n The agency says California owes $20bn<\/a> to the federal government for a loan during the Covid-19 pandemic. California has struggled paying off the loan, as the state did with a similar federal loan received during the 2008 economic recession, due to the current setup<\/a> of how employers are taxed to fund unemployment. The unemployment payroll tax system in California has been unchanged since 1984 at a taxable wage ceiling of $7,000 on a workers\u2019 wages and maximum tax rate of 5.4%, leaving the state with insufficient funds to cover its unemployment reserve while legislators on both sides of the political aisle have been working to try to resolve the issue.<\/p>\n The Department of Labor also claimed that New York loses an estimated $2m per day in unemployment insurance fraud and improper payments, but did not differentiate between the two. They also cited that Illinois has improper payments of $320m, at a rate of 14%.<\/p>\n Share<\/p>\n Updated at\u00a013.28 EDT<\/p>\n George Chidi<\/span><\/p>\n Legislators in the halls of the Georgia<\/strong> state capitol are saying that the Georgia house speaker has announced that the state will not engage in redistricting during the special session that began today.<\/p>\n Legislators were called to the capitol by Governor Brian<\/strong> Kemp<\/strong> to manage a legal problem with QR codes on ballots that lingered over from the regular session, and tacked on redistricting as an additional effort.<\/p>\n That effort appears to have been quashed after Republican lawmakers questioned the political risks ahead of what is expected to be a bruising general election in a swing state.<\/p>\n More to follow.<\/p>\n Share<\/p>\n Updated at\u00a013.14 EDT<\/p>\n Going back to Jay Clayton\u2019s postponed nomination, Donald Trump said he would not approve the renewal of Fisa <\/strong>section 702 without passage of his Save America Act<\/strong>, which would require Americans to provide proof of citizenship when registering to vote, a provision critics say would strip millions of Americans of their right to vote, the Associated Press reported.<\/p>\n Trump has previously said the controversial act would deliver his Republicans a \u201cguaranteed\u201d win in November\u2019s midterm elections.<\/p>\n With Trump\u2019s approval rating dropping, polls show that his party will struggle to keep their \u200cslim control of the House and Senate when Americans head to the polls this year.<\/p>\n Share<\/p>\n Updated at\u00a013.13 EDT<\/p>\n Jakub Krupa<\/span><\/p>\n Trump<\/strong> says he is looking forward to a \u201cvery special\u201d dinner with Macron as he wants to see the Palace of Versailles, because it \u201chas a lot of gold\u201d.<\/p>\n He then says he hopes Europe will \u201cfind its way<\/strong>\u201d<\/strong>, as it is \u201chaving a lot of hard times\u201d with energy and immigration.<\/p>\n And curiously, Trump also thanks Russia\u2019s Vladimir Putin and China\u2019s Xi Jinping<\/strong> for staying neutral on Iran, saying otherwise \u201cthey could have made it much more difficult for us\u201d.<\/p>\n Share<\/p>\n Updated at\u00a012.52 EDT<\/p>\n Jakub Krupa<\/span><\/p>\n Meanwhile at the G7 press conference, Trump has moved on to Ukraine.<\/strong><\/p>\n He says he had \u201ca productive conversation\u201d with Ukraine\u2019s Zelenskyy and then Russia\u2019s Putin on the phone.<\/p>\n He suggests \u201csomething is going to happen\u201d, as he says Russia is losing more soldiers than Ukraine.<\/p>\n He says he had \u201ca very good conversation\u201d with Putin and \u201ca very, very good conversation with Zelenskyy\u201d.<\/p>\n \u201cI think they both want to do something.<\/strong> They just don\u2019t know how to do it.\u201d<\/em><\/p>\n He then swiftly moves on to international aid and the Ebola outbreak in Africa.<\/p>\n Share<\/p>\n Updated at\u00a012.52 EDT<\/p>\n The Associated Press has succinctly summarized the stakes of the intelligence director nomination, and why even Republicans are wary of Trump\u2019s interference in today\u2019s hearing:<\/p>\n Hanging in the balance is not only the director of national intelligence, but also section 702 of the Foreign Intelligence Surveillance Act (Fisa)<\/strong>, which permits spy agencies to collect without a warrant the communications of targeted foreigners located outside the United States.<\/p>\n National security officials across both major political parties have for years described section 702 as vital for gathering intelligence that can disrupt terror attacks and espionage operations, though some lawmakers and civil liberties advocates have raised concerns over the government\u2019s use of information about Americans that is incidentally collected through the program<\/strong>.<\/p>\n Clayton\u2019s Senate confirmation hearing was expected to be fast-tracked because of the program\u2019s lapse. Democrats had said they would not renew Fisa until Trump withdrew the selection of Bill Pulte.<\/p>\n Trump\u2019s post suggested that debate to revive section 702 could be indefinitely postponed.<\/p>\n Share<\/p>\n Updated at\u00a013.00 EDT<\/p>\n The Republican senator Thom Tillis<\/strong>, who is retiring from his North Carolina seat at the end of his term in 2027, told Punchbowl reporter Laura Weiss<\/a> that Jay Clayton was on track to have a good hearing before Donald Trump interfered with the proceedings.<\/p>\n \u201cNow we\u2019re in a posture where it may be the reason 702 doesn\u2019t get reauthorized,\u201d Tillis said. \u201cThat\u2019s a mistake.\u201d<\/strong><\/p>\n But Tillis also doesn\u2019t think Trump is intentionally creating an issue. \u201cI think somebody\u2019s not dialing the president in to the complexities of what he\u2019s done.\u201d<\/strong><\/p>\n Share<\/p>\n Updated at\u00a012.50 EDT<\/p>\n Jakub Krupa<\/span><\/p>\n It\u2019s worth noting a slight sense of Trump\u2019s frustration with Israel\u2019s Benjamin Netanyahu<\/strong> as he says he \u201cgets a little excited sometimes\u201d, and they \u201chave a little dispute over Lebanon\u201d.<\/p>\n \u201cBibi, you don\u2019t have to knock down a building every time somebody walks into it that\u2019s from Hezbollah,\u201d he says.<\/p>\n Share<\/p>\n Updated at\u00a012.30 EDT<\/p>\n Jakub Krupa<\/span><\/p>\n Meanwhile, Trump is still<\/em> on Iran.<\/p>\n He says the deal will be signed shortly; maybe tomorrow, maybe Friday.<\/p>\n Share<\/p>\n Updated at\u00a012.20 EDT<\/p>\n We\u2019re going to quickly pivot from Trump\u2019s press conference to share that Jay Clayton\u2019s nomination hearing has officially been canceled for Wednesday, according to the Senate intelligence committee chair, Tom Cotton.<\/strong><\/p>\n Trump directed Clayton to not appear at the hearing scheduled for this afternoon, according to Cotton. The Republican senator, a staunch ally of the president, called the order \u201cregrettable\u201d in rare public criticism of Trump.<\/p>\n In a post on X<\/a>, he wrote:<\/p>\n double quotation markIt\u2019s regrettable that the president has directed Jay Clayton not to appear at his confirmation hearing today. Mr Clayton is a patriot and a highly qualified nominee, as the president has said repeatedly. While today\u2019s hearing is now unfortunately postponed, I look forward to proceeding with his confirmation in the near future.<\/p>\n Share<\/p>\n Updated at\u00a013.28 EDT<\/p>\n","protected":false},"excerpt":{"rendered":" Jay Clayton\u2019s nomination hearing canceled after Trump directs him not to appear We\u2019re going to quickly pivot from Trump\u2019s press conference to share that Jay Clayton\u2019s nomination hearing has officially been canceled for Wednesday, according to the Senate intelligence committee chair, Tom Cotton. Trump directed Clayton to not appear at the hearing scheduled for this […]<\/p>\n","protected":false},"author":1,"featured_media":30277,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/i.guim.co.uk\/img\/media\/d3d24edacf284323f605e6f27d3771db2bda0680\/1359_100_3917_3134\/master\/3917.jpg?width=1200&height=630&quality=85&auto=format&fit=crop&precrop=40:21,offset-x50,offset-y0&overlay-align=bottom%2Cleft&overlay-width=100p&overlay-base64=L2ltZy9zdGF0aWMvb3ZlcmxheXMvdGctbGl2ZS5wbmc&enable=upscale&s=d62f5404621b75beec6e36547f87fc0f","fifu_image_alt":"","footnotes":""},"categories":[10666],"tags":[1620,20527,6217,1261,5096,5274,870,6363,51,2283,20526,4381,18259,473],"class_list":["post-30276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reparations","tag-breaks","tag-claytons","tag-delays","tag-director","tag-intelligence","tag-jay","tag-live","tag-nomination","tag-politics","tag-president","tag-regrettable","tag-republican","tag-senator","tag-trump"],"rttpg_featured_image_url":{"full":["https:\/\/i.guim.co.uk\/img\/media\/d3d24edacf284323f605e6f27d3771db2bda0680\/1359_100_3917_3134\/master\/3917.jpg?width=1200&height=630&quality=85&auto=format&fit=crop&precrop=40:21,offset-x50,offset-y0&overlay-align=bottom%2Cleft&overlay-width=100p&overlay-base64=L2ltZy9zdGF0aWMvb3ZlcmxheXMvdGctbGl2ZS5wbmc&enable=upscale&s=d62f5404621b75beec6e36547f87fc0f",0,0,false],"landscape":["https:\/\/i.guim.co.uk\/img\/media\/d3d24edacf284323f605e6f27d3771db2bda0680\/1359_100_3917_3134\/master\/3917.jpg?width=1200&height=630&quality=85&auto=format&fit=crop&precrop=40:21,offset-x50,offset-y0&overlay-align=bottom%2Cleft&overlay-width=100p&overlay-base64=L2ltZy9zdGF0aWMvb3ZlcmxheXMvdGctbGl2ZS5wbmc&enable=upscale&s=d62f5404621b75beec6e36547f87fc0f",0,0,false],"portraits":["https:\/\/i.guim.co.uk\/img\/media\/d3d24edacf284323f605e6f27d3771db2bda0680\/1359_100_3917_3134\/master\/3917.jpg?width=1200&height=630&quality=85&auto=format&fit=crop&precrop=40:21,offset-x50,offset-y0&overlay-align=bottom%2Cleft&overlay-width=100p&overlay-base64=L2ltZy9zdGF0aWMvb3ZlcmxheXMvdGctbGl2ZS5wbmc&enable=upscale&s=d62f5404621b75beec6e36547f87fc0f",0,0,false],"thumbnail":["https:\/\/i.guim.co.uk\/img\/media\/d3d24edacf284323f605e6f27d3771db2bda0680\/1359_100_3917_3134\/master\/3917.jpg?width=1200&height=630&quality=85&auto=format&fit=crop&precrop=40:21,offset-x50,offset-y0&overlay-align=bottom%2Cleft&overlay-width=100p&overlay-base64=L2ltZy9zdGF0aWMvb3ZlcmxheXMvdGctbGl2ZS5wbmc&enable=upscale&s=d62f5404621b75beec6e36547f87fc0f",150,150,false],"medium":["https:\/\/i.guim.co.uk\/img\/media\/d3d24edacf284323f605e6f27d3771db2bda0680\/1359_100_3917_3134\/master\/3917.jpg?width=1200&height=630&quality=85&auto=format&fit=crop&precrop=40:21,offset-x50,offset-y0&overlay-align=bottom%2Cleft&overlay-width=100p&overlay-base64=L2ltZy9zdGF0aWMvb3ZlcmxheXMvdGctbGl2ZS5wbmc&enable=upscale&s=d62f5404621b75beec6e36547f87fc0f",300,300,false],"large":["https:\/\/i.guim.co.uk\/img\/media\/d3d24edacf284323f605e6f27d3771db2bda0680\/1359_100_3917_3134\/master\/3917.jpg?width=1200&height=630&quality=85&auto=format&fit=crop&precrop=40:21,offset-x50,offset-y0&overlay-align=bottom%2Cleft&overlay-width=100p&overlay-base64=L2ltZy9zdGF0aWMvb3ZlcmxheXMvdGctbGl2ZS5wbmc&enable=upscale&s=d62f5404621b75beec6e36547f87fc0f",1024,1024,false],"1536x1536":["https:\/\/i.guim.co.uk\/img\/media\/d3d24edacf284323f605e6f27d3771db2bda0680\/1359_100_3917_3134\/master\/3917.jpg?width=1200&height=630&quality=85&auto=format&fit=crop&precrop=40:21,offset-x50,offset-y0&overlay-align=bottom%2Cleft&overlay-width=100p&overlay-base64=L2ltZy9zdGF0aWMvb3ZlcmxheXMvdGctbGl2ZS5wbmc&enable=upscale&s=d62f5404621b75beec6e36547f87fc0f",1536,1536,false],"2048x2048":["https:\/\/i.guim.co.uk\/img\/media\/d3d24edacf284323f605e6f27d3771db2bda0680\/1359_100_3917_3134\/master\/3917.jpg?width=1200&height=630&quality=85&auto=format&fit=crop&precrop=40:21,offset-x50,offset-y0&overlay-align=bottom%2Cleft&overlay-width=100p&overlay-base64=L2ltZy9zdGF0aWMvb3ZlcmxheXMvdGctbGl2ZS5wbmc&enable=upscale&s=d62f5404621b75beec6e36547f87fc0f",2048,2048,false],"post-thumbnail":["https:\/\/i.guim.co.uk\/img\/media\/d3d24edacf284323f605e6f27d3771db2bda0680\/1359_100_3917_3134\/master\/3917.jpg?width=1200&height=630&quality=85&auto=format&fit=crop&precrop=40:21,offset-x50,offset-y0&overlay-align=bottom%2Cleft&overlay-width=100p&overlay-base64=L2ltZy9zdGF0aWMvb3ZlcmxheXMvdGctbGl2ZS5wbmc&enable=upscale&s=d62f5404621b75beec6e36547f87fc0f",370,265,false],"kava-thumb-s":["https:\/\/i.guim.co.uk\/img\/media\/d3d24edacf284323f605e6f27d3771db2bda0680\/1359_100_3917_3134\/master\/3917.jpg?width=1200&height=630&quality=85&auto=format&fit=crop&precrop=40:21,offset-x50,offset-y0&overlay-align=bottom%2Cleft&overlay-width=100p&overlay-base64=L2ltZy9zdGF0aWMvb3ZlcmxheXMvdGctbGl2ZS5wbmc&enable=upscale&s=d62f5404621b75beec6e36547f87fc0f",150,85,false],"kava-thumb-s-2":["https:\/\/i.guim.co.uk\/img\/media\/d3d24ed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NEWS<\/a>","rttpg_excerpt":"Jay Clayton\u2019s nomination hearing canceled after Trump directs him not to appear We\u2019re going to quickly pivot from Trump\u2019s press conference to share that Jay Clayton\u2019s nomination hearing has officially been canceled for Wednesday, according to the Senate intelligence committee chair, Tom Cotton. Trump directed Clayton to not appear at the hearing scheduled for this…","_links":{"self":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts\/30276","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/comments?post=30276"}],"version-history":[{"count":1,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts\/30276\/revisions"}],"predecessor-version":[{"id":30278,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts\/30276\/revisions\/30278"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/media\/30277"}],"wp:attachment":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/media?parent=30276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/categories?post=30276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/tags?post=30276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Fed begins Warsh era by keeping rates on hold, but sees hike later this year<\/h2>\n
Senior US officials dictate US-Iran memorandum to journalists<\/h2>\n
Trump\u2019s Department of Labor claims without data that states defrauded government<\/h2>\n
Why did Trump delay Clayton’s nomination? He wants the controversial Save America Act passed<\/h2>\n
‘I think they both want to do something,’ Trump says after talking to Zelenskyy and Putin<\/h2>\n
What’s at stake with Clayton’s delayed nomination? An expired powerful surveillance power<\/h2>\n
GOP senator: ‘mistake’ to cancel Clayton hearing, blames administration for not ‘dialing the president in’<\/h2>\n
Jay Clayton\u2019s nomination hearing canceled after Trump directs him not to appear<\/h2>\n