InsiderWire Staff

The Federal Reserve will announce its latest interest rate decision Wednesday as gasoline prices hit four-year highs and criminal charges against Chairman Jerome Powell get dropped, clearing the path for his likely successor.Investors overwhelmingly expect the Fed to leave rates unchanged, according to the CME FedWatch Tool. The decision comes as the Iran war drives rapid price increases, creating headaches for policymakers already struggling with elevated inflation and sluggish hiring.The Department of Justice moved to drop its criminal investigation into Powell last week, removing a major obstacle for Kevin Warsh, Trump's nominee to lead the central bank. The probe focused on alleged false testimony to Congress about an office renovation at the Federal Reserve building in Washington.Powell has rebuked the investigation as &quot;a politically motivated effort to influence interest-rate policy.&quot; Trump originally appointed Powell as Fed chair in 2017, but their relationship soured over disagreements about monetary policy.A standoff between the White House and Congress had cast doubt over succession plans as Powell's term ends May 15. Warsh faced a bipartisan stonewall in the Senate Banking Committee over the criminal investigation, but can now advance to a committee vote and potential Senate floor confirmation.Powell said last month he would stay in the position until Warsh is confirmed, as Insider Wire <a href="https://insiderwire.com/news/powell-could-stay-at-fed-despite-chair-term-ending-setting-up-trump-standoff">previously reported</a>. Even after his successor takes over, Powell could remain on the Fed's 12-member policymaking board until 2028, retaining influence over interest-rate policy.The Fed faces a classic economic double-bind known as stagflation. Cutting rates could spur growth but risk higher inflation. Raising rates may slow price increases but could trigger an economic cooldown.The central bank held rates steady last month after the U.S.-Israeli war with Iran drove up gasoline prices and threatened broader inflation. That marked the second consecutive meeting with no rate changes since early 2026, following three straight quarter-point cuts.Warsh, a former Fed official, brings Wall Street experience to the role during a period of economic uncertainty. His confirmation would complete Trump's reshaping of the central bank's leadership structure.The Senate Banking Committee vote on Warsh's nomination will signal whether Republicans can unite behind Trump's Fed pick and overcome Democratic opposition to his Wall Street background.

The Federal Reserve will announce its latest interest rate decision Wednesday as gasoline prices hit four-year highs and criminal charges against Chairman Jerome Powell get dropped, clearing the path for his likely successor.

Investors overwhelmingly expect the Fed to leave rates unchanged, according to the CME FedWatch Tool. The decision comes as the Iran war drives rapid price increases, creating headaches for policymakers already struggling with elevated inflation and sluggish hiring.

The Department of Justice moved to drop its criminal investigation into Powell last week, removing a major obstacle for Kevin Warsh, Trump's nominee to lead the central bank. The probe focused on alleged false testimony to Congress about an office renovation at the Federal Reserve building in Washington.

Powell has rebuked the investigation as "a politically motivated effort to influence interest-rate policy." Trump originally appointed Powell as Fed chair in 2017, but their relationship soured over disagreements about monetary policy.

A standoff between the White House and Congress had cast doubt over succession plans as Powell's term ends May 15. Warsh faced a bipartisan stonewall in the Senate Banking Committee over the criminal investigation, but can now advance to a committee vote and potential Senate floor confirmation.

Powell said last month he would stay in the position until Warsh is confirmed, as Insider Wire previously reported. Even after his successor takes over, Powell could remain on the Fed's 12-member policymaking board until 2028, retaining influence over interest-rate policy.

The Fed faces a classic economic double-bind known as stagflation. Cutting rates could spur growth but risk higher inflation. Raising rates may slow price increases but could trigger an economic cooldown.

The central bank held rates steady last month after the U.S.-Israeli war with Iran drove up gasoline prices and threatened broader inflation. That marked the second consecutive meeting with no rate changes since early 2026, following three straight quarter-point cuts.

Warsh, a former Fed official, brings Wall Street experience to the role during a period of economic uncertainty. His confirmation would complete Trump's reshaping of the central bank's leadership structure.

The Senate Banking Committee vote on Warsh's nomination will signal whether Republicans can unite behind Trump's Fed pick and overcome Democratic opposition to his Wall Street background.

Federal Reserve announces rate decision Wednesday as Jerome Powell's term nears end. DOJ dropped criminal probe over renovation testimony, clearing Warsh nomina

Fed Expected to Hold Rates Steady as Powell's Criminal Probe Gets Dropped

Federal Reserve announces rate decision Wednesday as Jerome Powell's term nears end. DOJ dropped criminal probe over renovation testimony, clearing Warsh nomination.

Former White House attorney Ty Cobb on Tuesday blasted the Justice Department's <a href="https://insiderwire.com/news/doj-hits-comey-with-second-federal-indictment-press-conference-today">latest indictment against James Comey</a> as &quot;vindictive prosecution&quot; and predicted courts will throw out the charges.&quot;It's specious. It'll be thrown out. It's classic, you know, revenge,&quot; Cobb told The Hill, referring to the second federal indictment against the former FBI Director. Cobb served as Trump's White House counsel during the Russia investigation and witnessed firsthand the tension between the administration and Comey.The criticism from Cobb carries weight given his role defending Trump during the Mueller probe. His assessment suggests even Trump allies view the prosecution as legally weak and potentially motivated by politics rather than solid evidence.Cobb's comments come as legal experts question whether the DOJ has built a case that can survive court scrutiny. The former White House attorney's prediction of dismissal aligns with concerns that prosecutors may have overreached in their pursuit of the former FBI chief.The timing of Cobb's statement adds pressure on the Justice Department to justify its decision to pursue a second indictment. His use of the word &quot;revenge&quot; suggests the prosecution appears more about settling political scores than enforcing the law.For Americans watching this case, Cobb's assessment raises questions about whether the DOJ is using its prosecutorial power appropriately or engaging in the kind of political weaponization that erodes public trust in federal law enforcement.The case will test whether courts agree with Cobb's prediction that the charges lack legal merit. If dismissed, it could fuel broader criticism of prosecutorial overreach and damage the Justice Department's credibility in future high-profile cases.

Former White House attorney Ty Cobb on Tuesday blasted the Justice Department's latest indictment against James Comey as "vindictive prosecution" and predicted courts will throw out the charges.

"It's specious. It'll be thrown out. It's classic, you know, revenge," Cobb told The Hill, referring to the second federal indictment against the former FBI Director. Cobb served as Trump's White House counsel during the Russia investigation and witnessed firsthand the tension between the administration and Comey.

The criticism from Cobb carries weight given his role defending Trump during the Mueller probe. His assessment suggests even Trump allies view the prosecution as legally weak and potentially motivated by politics rather than solid evidence.

Cobb's comments come as legal experts question whether the DOJ has built a case that can survive court scrutiny. The former White House attorney's prediction of dismissal aligns with concerns that prosecutors may have overreached in their pursuit of the former FBI chief.

The timing of Cobb's statement adds pressure on the Justice Department to justify its decision to pursue a second indictment. His use of the word "revenge" suggests the prosecution appears more about settling political scores than enforcing the law.

For Americans watching this case, Cobb's assessment raises questions about whether the DOJ is using its prosecutorial power appropriately or engaging in the kind of political weaponization that erodes public trust in federal law enforcement.

The case will test whether courts agree with Cobb's prediction that the charges lack legal merit. If dismissed, it could fuel broader criticism of prosecutorial overreach and damage the Justice Department's credibility in future high-profile cases.

Ty Cobb, former White House attorney, criticized DOJ's new indictment against James Comey as vindictive prosecution that will be dismissed by courts.

Former Trump Lawyer Cobb Calls Latest Comey Indictment 'Classic Revenge'

Federal Reserve Chair Jerome Powell delivers his final press conference as Fed chief Wednesday, but the end of his chairmanship on May 15 may not mark his exit from the central bank — setting up a potential standoff with President Donald Trump.Powell's underlying term as Fed governor runs until 2028, allowing him to remain at the institution even after stepping down as chair. Trump has selected millionaire Kevin Warsh as Powell's successor, but the confirmation process has been complicated by a now-dropped Justice Department investigation into Powell's congressional testimony about Fed headquarters renovations.The confrontation between Powell and Trump has escalated from disagreements over interest rates into what sources describe as one of the most contentious periods in Powell's eight years leading the central bank. Trump has publicly criticized the Fed's benchmark rate decisions and launched personal attacks on Powell in recent months.Powell's tenure began in 2017 when Trump first selected him to succeed Janet Yellen. President Biden reappointed him to a second four-year term in 2022. In March, Powell told reporters he had not decided whether to remain on the Fed's board after his chairmanship expires.Sen. Thom Tillis, R-N.C., called the DOJ investigation into Powell &quot;bogus&quot; and threatened to block Warsh's nomination until the probe was dropped. The Justice Department has since closed the investigation, clearing a path for <a href="https://insiderwire.com/news/senate-banking-committee-set-to-vote-on-warsh-for-fed-chair-as-powell-era-ends">Warsh's confirmation process</a> to move forward.If Powell steps aside completely, Trump gains another opportunity to reshape Fed leadership and monetary policy. If Powell stays as a governor, he retains significant influence over U.S. economic policy while intensifying tensions with the White House.The Supreme Court is expected to weigh in on a case involving Fed Governor Lisa Cook that could test presidential power over central bank operations. Powell's decision carries major implications for financial markets and economic policy at a time when the Fed's independence faces unprecedented political pressure.All eyes turn to Wednesday's press conference for signals about Powell's next move and how the leadership transition will unfold over the coming months.

Federal Reserve Chair Jerome Powell delivers his final press conference as Fed chief Wednesday, but the end of his chairmanship on May 15 may not mark his exit from the central bank — setting up a potential standoff with President Donald Trump.

Powell's underlying term as Fed governor runs until 2028, allowing him to remain at the institution even after stepping down as chair. Trump has selected millionaire Kevin Warsh as Powell's successor, but the confirmation process has been complicated by a now-dropped Justice Department investigation into Powell's congressional testimony about Fed headquarters renovations.

The confrontation between Powell and Trump has escalated from disagreements over interest rates into what sources describe as one of the most contentious periods in Powell's eight years leading the central bank. Trump has publicly criticized the Fed's benchmark rate decisions and launched personal attacks on Powell in recent months.

Powell's tenure began in 2017 when Trump first selected him to succeed Janet Yellen. President Biden reappointed him to a second four-year term in 2022. In March, Powell told reporters he had not decided whether to remain on the Fed's board after his chairmanship expires.

Sen. Thom Tillis, R-N.C., called the DOJ investigation into Powell "bogus" and threatened to block Warsh's nomination until the probe was dropped. The Justice Department has since closed the investigation, clearing a path for Warsh's confirmation process to move forward.

If Powell steps aside completely, Trump gains another opportunity to reshape Fed leadership and monetary policy. If Powell stays as a governor, he retains significant influence over U.S. economic policy while intensifying tensions with the White House.

The Supreme Court is expected to weigh in on a case involving Fed Governor Lisa Cook that could test presidential power over central bank operations. Powell's decision carries major implications for financial markets and economic policy at a time when the Fed's independence faces unprecedented political pressure.

All eyes turn to Wednesday's press conference for signals about Powell's next move and how the leadership transition will unfold over the coming months.

Fed Chair Jerome Powell delivers final press conference Wednesday as his term expires May 15, but could remain as governor until 2028, escalating tensions with 

Powell Could Stay at Fed Despite Chair Term Ending — Setting Up Trump Standoff

Fed Chair Jerome Powell delivers final press conference Wednesday as his term expires May 15, but could remain as governor until 2028, escalating tensions with Trump.

A federal grand jury has indicted former FBI Director James Comey for a second time, adding to the legal troubles facing the former law enforcement chief who led the bureau during the tumultuous 2016 election period.The new indictment comes as <a href="https://insiderwire.com/news/doj-hits-comey-with-second-federal-indictment-press-conference-today">Insider Wire previously reported</a> on Comey's mounting legal challenges. The latest charges represent an escalation in the Justice Department's pursuit of the former director, though specific details of the new allegations remain sealed.Simultaneously, the Supreme Court is preparing to hear oral arguments on cases that could end Temporary Protected Status for thousands of Haitian and Syrian nationals currently living in the United States. The high court's review comes as immigration policy remains a central focus of the current administration's agenda.Temporary Protected Status allows foreign nationals to remain in America when their home countries face ongoing armed conflict, environmental disasters, or other extraordinary circumstances that prevent safe return. The program currently shields approximately 400,000 people from deportation across multiple nationalities.The Comey indictment marks a rare instance of a former FBI director facing federal criminal charges twice. The timing raises questions about the Justice Department's prosecution strategy and whether additional charges against other former officials may follow. Legal experts note that successive indictments often signal prosecutors have uncovered new evidence or witnesses.For the immigration cases before the Supreme Court, the justices will determine whether beneficiaries can challenge TPS termination decisions in federal court. The ruling could affect not only Haitians and Syrians but also nationals from other countries including Venezuela, Afghanistan, and Ukraine who hold protected status.The Court's conservative majority has previously taken a restrictive view of immigration protections, suggesting the justices may side with government arguments for broader executive authority over TPS decisions. Such a ruling would limit legal recourse for protected immigrants facing potential deportation.The dual legal developments underscore the ongoing battles over executive power that have defined recent years. Both cases involve questions of federal authority — whether in criminal prosecution of former officials or immigration enforcement against vulnerable populations.The Supreme Court arguments are expected within the coming weeks, while the timeline for Comey's second case will depend on court scheduling and any potential plea negotiations.

A federal grand jury has indicted former FBI Director James Comey for a second time, adding to the legal troubles facing the former law enforcement chief who led the bureau during the tumultuous 2016 election period.

The new indictment comes as Insider Wire previously reported on Comey's mounting legal challenges. The latest charges represent an escalation in the Justice Department's pursuit of the former director, though specific details of the new allegations remain sealed.

Simultaneously, the Supreme Court is preparing to hear oral arguments on cases that could end Temporary Protected Status for thousands of Haitian and Syrian nationals currently living in the United States. The high court's review comes as immigration policy remains a central focus of the current administration's agenda.

Temporary Protected Status allows foreign nationals to remain in America when their home countries face ongoing armed conflict, environmental disasters, or other extraordinary circumstances that prevent safe return. The program currently shields approximately 400,000 people from deportation across multiple nationalities.

The Comey indictment marks a rare instance of a former FBI director facing federal criminal charges twice. The timing raises questions about the Justice Department's prosecution strategy and whether additional charges against other former officials may follow. Legal experts note that successive indictments often signal prosecutors have uncovered new evidence or witnesses.

For the immigration cases before the Supreme Court, the justices will determine whether beneficiaries can challenge TPS termination decisions in federal court. The ruling could affect not only Haitians and Syrians but also nationals from other countries including Venezuela, Afghanistan, and Ukraine who hold protected status.

The Court's conservative majority has previously taken a restrictive view of immigration protections, suggesting the justices may side with government arguments for broader executive authority over TPS decisions. Such a ruling would limit legal recourse for protected immigrants facing potential deportation.

The dual legal developments underscore the ongoing battles over executive power that have defined recent years. Both cases involve questions of federal authority — whether in criminal prosecution of former officials or immigration enforcement against vulnerable populations.

The Supreme Court arguments are expected within the coming weeks, while the timeline for Comey's second case will depend on court scheduling and any potential plea negotiations.

A federal grand jury indicted former FBI Director James Comey for a second time while the Supreme Court prepares to hear arguments on Temporary Protected Status

Grand Jury Hits Comey with Second Indictment as SCOTUS Reviews Immigration Status

A federal grand jury indicted former FBI Director James Comey for a second time while the Supreme Court prepares to hear arguments on Temporary Protected Status.

The Justice Department is pursuing two key objectives following the shooting at the annual White House Correspondents' Association dinner: keeping alleged gunman Cole Tomas Allen behind bars and advancing plans for a new White House ballroom to host future events.Allen already faces three criminal charges related to the disruption of the prestigious media dinner. The incident has given federal prosecutors ammunition to argue for his continued detention while officials simultaneously use the security breach to justify building dedicated event space at the White House.The shooting sent shockwaves through Washington's political and media establishment, transforming what was supposed to be an evening of lighthearted roasts into a national security incident. The annual dinner traditionally brings together journalists, politicians, and celebrities at a hotel venue outside the White House complex.Justice Department officials are now framing the case as evidence that high-profile government events need better security protocols and more controlled environments. The proposed White House ballroom would allow future correspondents' dinners and similar gatherings to take place within the more secure confines of the executive mansion.The dual approach reflects the administration's broader strategy of using security incidents to advance infrastructure projects while ensuring potential threats remain neutralized. Allen's case will likely become a test of how aggressively prosecutors pursue charges related to disrupting official Washington events.Legal experts expect the Justice Department to argue that Allen poses an ongoing public safety risk, particularly given the high-profile nature of his alleged target. The prosecution's success in keeping him detained could influence how similar cases are handled in the future.The ballroom proposal faces its own hurdles, requiring congressional approval for funding and extensive security reviews. However, the recent shooting provides political cover for lawmakers who might otherwise question the expense of new White House construction projects.Federal prosecutors are expected to file additional motions in Allen's case within the coming weeks, while White House officials begin the complex process of securing approval and funding for the ballroom initiative.

The Justice Department is pursuing two key objectives following the shooting at the annual White House Correspondents' Association dinner: keeping alleged gunman Cole Tomas Allen behind bars and advancing plans for a new White House ballroom to host future events.

Allen already faces three criminal charges related to the disruption of the prestigious media dinner. The incident has given federal prosecutors ammunition to argue for his continued detention while officials simultaneously use the security breach to justify building dedicated event space at the White House.

The shooting sent shockwaves through Washington's political and media establishment, transforming what was supposed to be an evening of lighthearted roasts into a national security incident. The annual dinner traditionally brings together journalists, politicians, and celebrities at a hotel venue outside the White House complex.

Justice Department officials are now framing the case as evidence that high-profile government events need better security protocols and more controlled environments. The proposed White House ballroom would allow future correspondents' dinners and similar gatherings to take place within the more secure confines of the executive mansion.

The dual approach reflects the administration's broader strategy of using security incidents to advance infrastructure projects while ensuring potential threats remain neutralized. Allen's case will likely become a test of how aggressively prosecutors pursue charges related to disrupting official Washington events.

Legal experts expect the Justice Department to argue that Allen poses an ongoing public safety risk, particularly given the high-profile nature of his alleged target. The prosecution's success in keeping him detained could influence how similar cases are handled in the future.

The ballroom proposal faces its own hurdles, requiring congressional approval for funding and extensive security reviews. However, the recent shooting provides political cover for lawmakers who might otherwise question the expense of new White House construction projects.

Federal prosecutors are expected to file additional motions in Allen's case within the coming weeks, while White House officials begin the complex process of securing approval and funding for the ballroom initiative.

DOJ pursues two goals after Cole Tomas Allen's shooting at White House Correspondents' dinner: keep suspect jailed and build White House ballroom.

Justice Dept. Seeks to Keep WHCD Shooter Detained, Push Ballroom Plan

Many Iranians now refer to Donald Trump as 'Uncle Trump' and view him alongside Benjamin Netanyahu as symbols of hope and freedom as the Tehran regime's power continues to weaken, according to reports from inside Iran and the diaspora community.The two leaders have earned admiration among Iranians yearning for freedom through their strong opposition to the Islamic Republic and their unwavering support for Israel. Trump established himself as the most pro-Israel president in modern American history by recognizing Jerusalem as Israel's capital, moving the U.S. embassy there, and acknowledging Israeli sovereignty over the Golan Heights.Netanyahu, Israel's longest-serving prime minister, has maintained steadfast leadership while surrounded by enemies calling for Israel's destruction. Both men have faced criticism from global elites for refusing to compromise on their nations' security interests, yet this defiance has made them heroes to many seeking regime change in Iran.The admiration reflects a deeper historical bond between Persian and Jewish peoples that predates the 1979 Islamic Revolution. Many Iranians remember that Cyrus the Great helped restore Jewish people to Jerusalem, and they reject the regime's 'Death to Israel' chants that do not represent ordinary Persian sentiment.Trump's confrontation of antisemitism through action rather than words, combined with his brokering of the Abraham Accords, demonstrated that Middle East peace could come without forcing Israel to surrender territory. This approach resonated with Iranians who see parallels between Israeli resistance and their own struggle against authoritarian rule.As Insider Wire <a href="https://insiderwire.com/news/trumps-iran-campaign-stalls-two-months-of-strikes-fail-to-force-nuclear-deal">previously reported</a>, Trump's pressure campaign against Iran has faced challenges, but the symbolism of his tough stance continues to inspire Iranian dissidents. The regime's reported leadership deaths and weakening control have only strengthened hopes among Iranians that change is possible.Both leaders represent courage and resolve to people living under oppression, showing that principled leadership still exists in a world where many politicians prioritize international approval over national security. Their partnership has shattered myths about Middle East diplomacy while providing a model for how democracies should confront authoritarian regimes.The growing use of 'Uncle Trump' among Iranians signals a cultural shift that could complicate the regime's anti-American propaganda as more citizens openly express admiration for U.S. leadership that stands firm against Tehran's threats.

Many Iranians now refer to Donald Trump as 'Uncle Trump' and view him alongside Benjamin Netanyahu as symbols of hope and freedom as the Tehran regime's power continues to weaken, according to reports from inside Iran and the diaspora community.

The two leaders have earned admiration among Iranians yearning for freedom through their strong opposition to the Islamic Republic and their unwavering support for Israel. Trump established himself as the most pro-Israel president in modern American history by recognizing Jerusalem as Israel's capital, moving the U.S. embassy there, and acknowledging Israeli sovereignty over the Golan Heights.

Netanyahu, Israel's longest-serving prime minister, has maintained steadfast leadership while surrounded by enemies calling for Israel's destruction. Both men have faced criticism from global elites for refusing to compromise on their nations' security interests, yet this defiance has made them heroes to many seeking regime change in Iran.

The admiration reflects a deeper historical bond between Persian and Jewish peoples that predates the 1979 Islamic Revolution. Many Iranians remember that Cyrus the Great helped restore Jewish people to Jerusalem, and they reject the regime's 'Death to Israel' chants that do not represent ordinary Persian sentiment.

Trump's confrontation of antisemitism through action rather than words, combined with his brokering of the Abraham Accords, demonstrated that Middle East peace could come without forcing Israel to surrender territory. This approach resonated with Iranians who see parallels between Israeli resistance and their own struggle against authoritarian rule.

As Insider Wire previously reported, Trump's pressure campaign against Iran has faced challenges, but the symbolism of his tough stance continues to inspire Iranian dissidents. The regime's reported leadership deaths and weakening control have only strengthened hopes among Iranians that change is possible.

Both leaders represent courage and resolve to people living under oppression, showing that principled leadership still exists in a world where many politicians prioritize international approval over national security. Their partnership has shattered myths about Middle East diplomacy while providing a model for how democracies should confront authoritarian regimes.

The growing use of 'Uncle Trump' among Iranians signals a cultural shift that could complicate the regime's anti-American propaganda as more citizens openly express admiration for U.S. leadership that stands firm against Tehran's threats.

Many Iranians secretly view Donald Trump and Benjamin Netanyahu as symbols of freedom and resistance against the Tehran regime's weakening grip on power.

Iranians Call Trump 'Uncle' and Netanyahu 'Bibi' as Symbols of Hope

Mojtaba Khamenei, son of Iran's Supreme Leader and his likely successor, now directs Iran's nuclear negotiations with world powers, according to a deputy head of Iran's National Security Committee speaking to Tasnim News Agency.Parliament Speaker Mohammad Baqer Qalibaf handles the day-to-day management of the talks, the Iranian official revealed. The arrangement places Iran's most sensitive diplomatic discussions under the direct control of the regime's inner circle as <a href="https://insiderwire.com/news/trumps-iran-campaign-stalls-two-months-of-strikes-fail-to-force-nuclear-deal">Trump's Iran campaign stalls</a> after two months of military strikes failed to force a nuclear deal.Qalibaf has become a central figure in Iran's wartime decision-making apparatus. The former Revolutionary Guard commander previously managed diplomatic efforts during heightened tensions with Israel and has maintained direct communication channels with regional allies.The revelation exposes Iran's power structure as the 85-year-old Supreme Leader Ali Khamenei increasingly relies on his son to manage critical state affairs. Mojtaba Khamenei, believed to be in his mid-50s, has operated largely behind the scenes but appears positioned to eventually inherit his father's role as the ultimate authority in Iran's theocratic system.The arrangement signals Iran's determination to maintain hardline positions in nuclear talks despite mounting economic pressure from sanctions and military strikes. By placing negotiations under the guidance of the Supreme Leader's son rather than traditional diplomatic channels, Tehran demonstrates the talks' strategic importance to regime survival.American policymakers will need to recalibrate their approach knowing that Iran's negotiating positions flow directly from the Supreme Leader's family rather than through foreign ministry bureaucrats. This centralized control suggests any meaningful nuclear agreement must satisfy the regime's core leadership, not just technical negotiators.The disclosure comes as Secretary of State Marco Rubio has <a href="https://insiderwire.com/news/rubio-rejects-iran-peace-proposal-nuclear-issue-must-come-first">rejected Iran peace proposals</a>, insisting nuclear issues must be resolved first. Iran's decision to elevate the talks to Supreme Leader family oversight indicates Tehran views the negotiations as existential rather than routine diplomacy.Watch for whether this power structure shift leads to more rigid Iranian positions or creates new opportunities for direct engagement with Iran's actual decision-makers rather than lower-level officials.

Mojtaba Khamenei, son of Iran's Supreme Leader and his likely successor, now directs Iran's nuclear negotiations with world powers, according to a deputy head of Iran's National Security Committee speaking to Tasnim News Agency.

Parliament Speaker Mohammad Baqer Qalibaf handles the day-to-day management of the talks, the Iranian official revealed. The arrangement places Iran's most sensitive diplomatic discussions under the direct control of the regime's inner circle as Trump's Iran campaign stalls after two months of military strikes failed to force a nuclear deal.

Qalibaf has become a central figure in Iran's wartime decision-making apparatus. The former Revolutionary Guard commander previously managed diplomatic efforts during heightened tensions with Israel and has maintained direct communication channels with regional allies.

The revelation exposes Iran's power structure as the 85-year-old Supreme Leader Ali Khamenei increasingly relies on his son to manage critical state affairs. Mojtaba Khamenei, believed to be in his mid-50s, has operated largely behind the scenes but appears positioned to eventually inherit his father's role as the ultimate authority in Iran's theocratic system.

The arrangement signals Iran's determination to maintain hardline positions in nuclear talks despite mounting economic pressure from sanctions and military strikes. By placing negotiations under the guidance of the Supreme Leader's son rather than traditional diplomatic channels, Tehran demonstrates the talks' strategic importance to regime survival.

American policymakers will need to recalibrate their approach knowing that Iran's negotiating positions flow directly from the Supreme Leader's family rather than through foreign ministry bureaucrats. This centralized control suggests any meaningful nuclear agreement must satisfy the regime's core leadership, not just technical negotiators.

The disclosure comes as Secretary of State Marco Rubio has rejected Iran peace proposals, insisting nuclear issues must be resolved first. Iran's decision to elevate the talks to Supreme Leader family oversight indicates Tehran views the negotiations as existential rather than routine diplomacy.

Watch for whether this power structure shift leads to more rigid Iranian positions or creates new opportunities for direct engagement with Iran's actual decision-makers rather than lower-level officials.

Mojtaba Khamenei, son of Iran's Supreme Leader, now guides nuclear talks while Parliament Speaker Qalibaf manages day-to-day diplomacy with world powers.

Iran's Heir Apparent Mojtaba Khamenei Now Directing Nuclear Negotiations

The Senate Banking Committee votes Wednesday on Kevin Warsh's nomination to replace Jerome Powell as Federal Reserve chairman, clearing the final hurdle for Trump's pick to take control of America's central bank when Powell's term expires next month.The Fed is expected to keep interest rates unchanged at Wednesday's policy meeting, likely Powell's last as chairman after more than eight years running the central bank. If confirmed by the full Senate, Warsh would inherit an economy where inflation remains elevated and energy prices have spiked due to the ongoing <a href="https://insiderwire.com/news/trumps-iran-campaign-stalls-two-months-of-strikes-fail-to-force-nuclear-deal">conflict with Iran</a>.The path to confirmation cleared Friday when federal prosecutors agreed to drop their investigation of the Fed. Senator Thom Tillis of North Carolina had threatened to block the vote to protest the Justice Department probe, which critics viewed as White House pressure to force rate cuts.&quot;With the assurances from the Department of Justice that the case is completely and fully settled,&quot; Tillis told NBC's Meet the Press, &quot;I am prepared to move on with the confirmation of Mr. Warsh. I think he's going to be a great Fed chair.&quot;Warsh has argued the Fed has room to cut rates without triggering inflation, citing productivity gains from artificial intelligence. But he told senators during confirmation hearings he would operate independently from Trump's wishes.&quot;The president never asked me to commit to interest rate cuts at any particular meeting over the period of my tenure at the Fed,&quot; Warsh testified last week. &quot;He didn't ask for it. He didn't demand it. He didn't require it. And nor would I have ever done so.&quot;Even if Warsh wanted to slash rates immediately, he couldn't act alone. The Fed's 12-person committee sets interest rates by majority vote, with the chairman holding just one vote. Other committee members have expressed concerns about cutting rates while inflation persists and Iran-related energy price spikes pressure the economy.Powell faces an unusual decision about his future. While his chairmanship ends next month, he could remain on the Fed's governing board through 2028. Most former chairs have stepped away completely, but Powell has been a fierce defender of Fed independence from White House interference.Staying on the board would deny Trump the opportunity to fill another vacancy with his own pick. For Powell, who has repeatedly clashed with Trump over monetary policy, remaining could be seen as a final act of institutional protection.The timing puts American taxpayers at the center of a monetary policy transition during economic uncertainty. With inflation still above the Fed's 2% target and geopolitical tensions driving up energy costs, the central bank's next moves will directly impact mortgage rates, business loans, and household budgets.Watch for the Senate Banking Committee vote Wednesday, followed by a full Senate confirmation vote that could install Warsh as Fed chairman within weeks.

The Senate Banking Committee votes Wednesday on Kevin Warsh's nomination to replace Jerome Powell as Federal Reserve chairman, clearing the final hurdle for Trump's pick to take control of America's central bank when Powell's term expires next month.

The Fed is expected to keep interest rates unchanged at Wednesday's policy meeting, likely Powell's last as chairman after more than eight years running the central bank. If confirmed by the full Senate, Warsh would inherit an economy where inflation remains elevated and energy prices have spiked due to the ongoing conflict with Iran.

The path to confirmation cleared Friday when federal prosecutors agreed to drop their investigation of the Fed. Senator Thom Tillis of North Carolina had threatened to block the vote to protest the Justice Department probe, which critics viewed as White House pressure to force rate cuts.

"With the assurances from the Department of Justice that the case is completely and fully settled," Tillis told NBC's Meet the Press, "I am prepared to move on with the confirmation of Mr. Warsh. I think he's going to be a great Fed chair."

Warsh has argued the Fed has room to cut rates without triggering inflation, citing productivity gains from artificial intelligence. But he told senators during confirmation hearings he would operate independently from Trump's wishes.

"The president never asked me to commit to interest rate cuts at any particular meeting over the period of my tenure at the Fed," Warsh testified last week. "He didn't ask for it. He didn't demand it. He didn't require it. And nor would I have ever done so."

Even if Warsh wanted to slash rates immediately, he couldn't act alone. The Fed's 12-person committee sets interest rates by majority vote, with the chairman holding just one vote. Other committee members have expressed concerns about cutting rates while inflation persists and Iran-related energy price spikes pressure the economy.

Powell faces an unusual decision about his future. While his chairmanship ends next month, he could remain on the Fed's governing board through 2028. Most former chairs have stepped away completely, but Powell has been a fierce defender of Fed independence from White House interference.

Staying on the board would deny Trump the opportunity to fill another vacancy with his own pick. For Powell, who has repeatedly clashed with Trump over monetary policy, remaining could be seen as a final act of institutional protection.

The timing puts American taxpayers at the center of a monetary policy transition during economic uncertainty. With inflation still above the Fed's 2% target and geopolitical tensions driving up energy costs, the central bank's next moves will directly impact mortgage rates, business loans, and household budgets.

Watch for the Senate Banking Committee vote Wednesday, followed by a full Senate confirmation vote that could install Warsh as Fed chairman within weeks.

The Senate Banking Committee votes Wednesday on Kevin Warsh's nomination to replace Jerome Powell as Fed chairman, with rates expected to hold steady.

Senate Banking Committee Set to Vote on Warsh for Fed Chair as Powell Era Ends

President Trump escalated his public pressure campaign against Iran Wednesday morning, warning Tehran of fresh consequences if it refuses to agree to a new nuclear deal following the collapse of initial peace talks in Pakistan earlier this month.&quot;Iran can't get their act together. They don't know how to sign a nonnuclear deal. They better get smart soon!&quot; Trump wrote on social media, adding, &quot;No more Mr. Nice Guy!&quot;The warning comes as major combat operations that began February 28 continue across Iran, with massive joint U.S.-Israeli strikes targeting military, government and infrastructure sites. Trump announced an open-ended extension of a two-week ceasefire and continuation of the blockade until Iran submits a formal proposal and discussions conclude &quot;one way or the other.&quot;Trump also fired back at German Chancellor Friedrich Merz's criticism of American strategy in Iran, claiming Merz &quot;doesn't know what he's talking about&quot; and &quot;thinks it's OK for Iran to have a Nuclear Weapon&quot; — something Merz never stated in his Monday remarks. <a href="https://insiderwire.com/news/trump-slams-german-chancellor-over-iran-doesnt-know-what-hes-talking-about">As Insider Wire previously reported</a>, Merz had said the U.S. had &quot;no strategy&quot; in Iran and was &quot;being humiliated by the Iranian state leadership.&quot;&quot;If Iran had a Nuclear Weapon, the whole World would be held hostage. I am doing something with Iran, right now, that other Nations, or Presidents, should have done long ago,&quot; Trump said. He added a swipe at Germany's economic performance: &quot;No wonder Germany is doing so poorly, both Economically, and otherwise.&quot;The diplomatic tensions emerged during Trump's state dinner with Britain's King Charles III and Queen Camilla on April 28, where <a href="https://insiderwire.com/news/trump-claims-king-charles-agrees-iran-should-never-get-nuclear-weapons">discussions reportedly focused on Iran's nuclear ambitions</a>.Meanwhile, Israeli operations continue expanding in southern Lebanon. The Israel Defense Forces reported Wednesday that strikes against alleged Hezbollah targets proceeded through Tuesday &quot;north of the forward defense line&quot; — a boundary inside southern Lebanon marking the edge of Israel's planned buffer zone along the border.The IDF acknowledged &quot;several incidents&quot; of drone attacks on Israeli forces Tuesday that left one soldier lightly wounded. Smoke was visible rising from explosions in the southern Lebanese village of Arnoun as Israeli troops conducted operations.The Trump administration simultaneously tightened economic pressure, launching another wave of sanctions targeting nearly three dozen entities and individuals accused of operating Iran's shadow banking networks. This represents the latest effort to strangle Tehran's ability to finance military operations and nuclear development.The military campaign has now stretched beyond two months without forcing Iran to accept nuclear restrictions, raising questions about the effectiveness of the pressure strategy. With Trump's latest ultimatum, American taxpayers face the prospect of prolonged military engagement until Tehran capitulates or the administration shifts tactics.

President Trump escalated his public pressure campaign against Iran Wednesday morning, warning Tehran of fresh consequences if it refuses to agree to a new nuclear deal following the collapse of initial peace talks in Pakistan earlier this month.

"Iran can't get their act together. They don't know how to sign a nonnuclear deal. They better get smart soon!" Trump wrote on social media, adding, "No more Mr. Nice Guy!"

The warning comes as major combat operations that began February 28 continue across Iran, with massive joint U.S.-Israeli strikes targeting military, government and infrastructure sites. Trump announced an open-ended extension of a two-week ceasefire and continuation of the blockade until Iran submits a formal proposal and discussions conclude "one way or the other."

Trump also fired back at German Chancellor Friedrich Merz's criticism of American strategy in Iran, claiming Merz "doesn't know what he's talking about" and "thinks it's OK for Iran to have a Nuclear Weapon" — something Merz never stated in his Monday remarks. As Insider Wire previously reported, Merz had said the U.S. had "no strategy" in Iran and was "being humiliated by the Iranian state leadership."

"If Iran had a Nuclear Weapon, the whole World would be held hostage. I am doing something with Iran, right now, that other Nations, or Presidents, should have done long ago," Trump said. He added a swipe at Germany's economic performance: "No wonder Germany is doing so poorly, both Economically, and otherwise."

The diplomatic tensions emerged during Trump's state dinner with Britain's King Charles III and Queen Camilla on April 28, where discussions reportedly focused on Iran's nuclear ambitions.

Meanwhile, Israeli operations continue expanding in southern Lebanon. The Israel Defense Forces reported Wednesday that strikes against alleged Hezbollah targets proceeded through Tuesday "north of the forward defense line" — a boundary inside southern Lebanon marking the edge of Israel's planned buffer zone along the border.

The IDF acknowledged "several incidents" of drone attacks on Israeli forces Tuesday that left one soldier lightly wounded. Smoke was visible rising from explosions in the southern Lebanese village of Arnoun as Israeli troops conducted operations.

The Trump administration simultaneously tightened economic pressure, launching another wave of sanctions targeting nearly three dozen entities and individuals accused of operating Iran's shadow banking networks. This represents the latest effort to strangle Tehran's ability to finance military operations and nuclear development.

The military campaign has now stretched beyond two months without forcing Iran to accept nuclear restrictions, raising questions about the effectiveness of the pressure strategy. With Trump's latest ultimatum, American taxpayers face the prospect of prolonged military engagement until Tehran capitulates or the administration shifts tactics.

President Trump threatens fresh consequences for Iran after failed Pakistan talks, as combat operations continue with Israeli strikes on military targets.

Trump Warns Iran 'No More Mr. Nice Guy' as Nuclear Talks Stall

Israeli forces arrested 13 Palestinians during coordinated dawn raids across the occupied West Bank, targeting multiple towns and villages in operations that also closed key checkpoints and restricted movement throughout the northern region.The heaviest arrests occurred in Beit Ummar near Hebron, where soldiers detained eight people after sweeping through several neighborhoods. In Kafr Qaddum near Qalqilya, troops arrested three brothers and one of their sons in what Palestinian news agency Wafa described as targeted family detention. Two additional Palestinians, including a former prisoner, were taken from homes in Iktaba near Tulkarem.Israeli forces simultaneously tightened movement restrictions across the northern West Bank, closing multiple checkpoints near Ramallah and deploying tear gas against residents. The closures blocked key transportation routes, creating traffic backups as vehicles were prevented from passing through established corridors Palestinians rely on for daily movement.The arrests represent the latest escalation in Israeli military operations throughout the West Bank, where security forces regularly conduct overnight raids in Palestinian communities. These operations typically target suspected militants and individuals Israeli authorities claim pose security threats, though Palestinian officials characterize them as collective punishment.For American policymakers, the West Bank situation creates ongoing diplomatic challenges as the U.S. seeks to balance support for Israeli security concerns with Palestinian rights. These military actions often complicate broader Middle Eastern stability efforts that directly impact U.S. strategic interests in the region.The checkpoint closures and movement restrictions affect thousands of Palestinians who depend on these routes for work, medical care, and basic commerce. Such restrictions frequently trigger broader tensions that can spill over into violence affecting American diplomatic facilities and personnel stationed throughout the region.Watch for potential escalation as Palestinian authorities respond to the arrests and whether Israeli forces expand operations to additional West Bank areas in coming days.This is a developing story and will be updated.

Israeli forces arrested 13 Palestinians during coordinated dawn raids across the occupied West Bank, targeting multiple towns and villages in operations that also closed key checkpoints and restricted movement throughout the northern region.

The heaviest arrests occurred in Beit Ummar near Hebron, where soldiers detained eight people after sweeping through several neighborhoods. In Kafr Qaddum near Qalqilya, troops arrested three brothers and one of their sons in what Palestinian news agency Wafa described as targeted family detention. Two additional Palestinians, including a former prisoner, were taken from homes in Iktaba near Tulkarem.

Israeli forces simultaneously tightened movement restrictions across the northern West Bank, closing multiple checkpoints near Ramallah and deploying tear gas against residents. The closures blocked key transportation routes, creating traffic backups as vehicles were prevented from passing through established corridors Palestinians rely on for daily movement.

The arrests represent the latest escalation in Israeli military operations throughout the West Bank, where security forces regularly conduct overnight raids in Palestinian communities. These operations typically target suspected militants and individuals Israeli authorities claim pose security threats, though Palestinian officials characterize them as collective punishment.

For American policymakers, the West Bank situation creates ongoing diplomatic challenges as the U.S. seeks to balance support for Israeli security concerns with Palestinian rights. These military actions often complicate broader Middle Eastern stability efforts that directly impact U.S. strategic interests in the region.

The checkpoint closures and movement restrictions affect thousands of Palestinians who depend on these routes for work, medical care, and basic commerce. Such restrictions frequently trigger broader tensions that can spill over into violence affecting American diplomatic facilities and personnel stationed throughout the region.

Watch for potential escalation as Palestinian authorities respond to the arrests and whether Israeli forces expand operations to additional West Bank areas in coming days.

This is a developing story and will be updated.

Israeli military conducted overnight arrests in Kafr Qaddum, Tulkarem, and Hebron areas, detaining three brothers and their son among 13 Palestinians.