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Jerome H. Powell's term as chair of the Federal Reserve ends on May 15, but it appears increasingly likely that he will stay on in some capacity at the central bank after that.
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Senate Republicans again block Democratic effort to end Trump's Iran war NBC NewsSenate rejects resolution to block Trump from striking Iran The Washington PostCongress Will Not Stop the War With Iran Mother JonesSenate Republicans Again Block Bid to Limit Trump's Iran War Powers The New York Times
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New York Gov. Kathy Hochul flips position on increased taxation, pushing for NYC pied-à-terre tax to close spending deficit ABC7 New YorkHochul Proposes Tax on N.Y.C. Second Homes That Are Worth $5 Million The New York TimesNew York Governor Proposing Tax on Second Homes Worth $5 Million or More WSJHochul floats tax on NYC second homes worth $5M or more Gothamist
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Investors appear to be treating an end to the U.S.-Israeli war with Iran as a foregone conclusion, as the S&P 500 closes above 7,000.
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Live Updates: Trump Threatens to Fire Fed Chief Powell if He Does Not Resign The New York TimesTrump says he'll fire Powell next month if he stays in his role at the Fed CNNIt's been a weird 24 hours for the Fed AxiosTrump threatens to fire Fed chair Jerome Powell if he does not step down at the end of his term - US politics live The GuardianOnce again Trump threatens to fire Fed Chair Jerome Powell NPR
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No matter how you slice it, U.S. stocks seem to be already moving past the Iran conflict. But commodity markets and other financial assets aren't ready to turn the page just yet.
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Live updates: US says blockade of Iranian ports ‘fully implemented' as Trump hints at further peace talks CNNIran War Live Updates: Trump Again Offers Conflicting Signals on War's End The New York TimesSanctioned China tanker turns back to Strait of Hormuz, day after Gulf exit ReutersU.S. says Hormuz blockade 'fully implemented,' while signaling diplomatic off-ramp for Iran CNBC
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Pakistan and Bangladesh migrants are faking they are gay to get asylum in the UK: Report The Times of IndiaBogus websites, staged protests and pretend atheists: Inside the fake asylum industry BBCAsylum seekers who pretend to be gay will be deported, says No 10 The TimesFake LGBT asylum claims condemned Peter Tatchell FoundationOur gay asylum policy makes no sense The Spectator
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U.S. sends thousands more troops to Mideast as Trump seeks to squeeze Iran The Washington PostUS sending 10,000 more troops to Middle East despite Iran ceasefire Al JazeeraMore U.S. Forces Deploy to Middle East WSJIs Trump buying time? Report says U.S. sending 10,000 more troops to Middle East Investing.com
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