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While the Iranians suffered substantial losses in the war, they emerged from a confrontation with the world's most powerful military having proved they can use economic chaos as a weapon.
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Kevin Warsh chaired his first Fed meeting, sending stocks lower while Trump reportedly signed the deal with Iran.
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President Trump lashed out at critics who say the agreement achieves less than the one President Barack Obama signed in 2015, and he threatened to bomb Iran again if it violated the deal.
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The U.S. is expected to lift sanctions on Iran and unfreeze funds and assets linked to the country's regime, under a 14-point memorandum of understanding provided to NBC News by a senior U.S. official
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