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Iran war pushes inflation to 3-year high; Pres. Trump starts trip to China; FDA Comm. Dr. Makary resigns; Ship operator in Key Bridge collapse indicted

Published 3 weeks, 3 days ago
Description

Labor Department says inflation in April was 3.8 percent year over year, highest in three years, with the Iran war driving up energy and food prices; Senate leaders weigh in on President Trump's proposal to suspend the federal gas tax as the average for a gallon hits $4.50; Pentagon Comptroller Jay Hurst testifies to House & Senate Appropriations subcommittees that the war with Iran has cost so far $29 billion.  Defense Secretary Pete Hegseth & Gen. Dan Caine, chair of the Joint Chiefs of Staff also testify about the Trump Administration's war strategy; President Trump heads to China for a visit with President Xi Jinping on the war with Iran, trade, AI and Taiwan, among other issues; $1 billion added for security upgrades to President Trump's White House ballroom reportedly gets a chilly reception from Senate Republicans; FBI Director Kash Patel is questioned at a Senate subcommittee hearing about news reports alleging  a pattern of unexplained absences and excessive drinking; Criminal indictments are announced against the companies that operated the ship that crashed into and collapsed the Francis Scott Key Bridge in Baltimore in 2024, killing six workers; FDA Commissioner Dr. Martin Makary says he is resigning; Sen. Ted Cruz (R-TX) does an impersonation of the late President John F. Kennedy setting the goal of going to the moon, complete with a Boston accent, to celebrate the recent Artemis II mission.

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