Tom Ozimek

The White House economic adviser said Trump could remove Cook if due process ultimately establishes cause for her firing.

Asked whether he could be tapped for Federal Resererve Governor Lisa Cook's seat if President Donald Trump ultimately succeeds in removing her, White House National Economic Council Director Kevin Hassett replied, “I promise you that's not going to happen.”

Separately, six people were killed in a Houthi attack on a cargo ship in the Bab el-Mandeb strait, as Middle East turmoil continued.

U.S. military presence in Iraq began with the 2003 invasion that toppled Saddam Hussein. It peaked at more than 170,000 troops during counterinsurgency operations in 2007. The last U.S. combat forces left in December 2011, but American troops returned in 2014 at the Iraqi government's invitation after ISIS seized large areas of Iraq and neighboring Syria.

Tehran is broadening its justification for shipping fees as Iranian and U.S. officials trade competing claims over control of the strait.

An attorney for Dr. Anthony Fauci said another appearance would serve no legislative purpose, while Sen. Ron Johnson (R-Wis.) vowed to pursue legal options.

Workers are expected to bear some of the increase through higher premiums, deductibles, and other out-of-pocket costs.

The 2027 projection would mark the fifth consecutive year of elevated health benefit cost growth after a decade of more moderate annual increases. It would also be the sharpest increase during the five-year period, up from a projected 6.7% in 2026. The findings are based on responses from more than 1,800 employers.

The move opens the door to possible sanctions as inspectors remain unable to verify Iran’s enriched uranium stockpile.

Rising fuel costs threaten to push up prices across supply chains as the Iran war continues to disrupt oil shipments.