Midday Briefing — June 7, 2026
Trump on Iran Deal. Donald Trump stated the U.S. would only unfreeze Iranian assets after a peace deal. He indicated that Iran has not agreed to a peace deal because they are "strong" and "proud." Trump also said the U.S. would work with Iran to destroy its uranium if a deal can be made, emphasizing that his sticking point is ensuring the regime cannot "buy" a nuke. He also defended the Iran War in a "Meet the Press" interview.
Federal Reserve Policy. Donald Trump commented on the Federal Reserve, stating that the Fed chair should "do whatever he wants." However, Trump also criticized possible rate hikes. This comes as the S&P 500 saw a $1.8 trillion wipeout, and the Nasdaq recorded its biggest point drop on record, impacting investors.
SNAP Restrictions. More SNAP restrictions are expected to take effect. Details on what to know before these restrictions are implemented are emerging. These changes will affect individuals who rely on the Supplemental Nutrition Assistance Program.
DNI Nomination Concerns. A Senate Republican has cast doubt on Pulte as a long-term pick for Director of National Intelligence (DNI). Senator Warner also expressed concerns about Pulte, describing the individual as "grossly unqualified." This indicates potential challenges for the nomination in the Senate.