Former President Bill Clinton is testifying before members of Congress who are investigating convicted sex offender Jeffrey Epstein, answering for his connections to the disgraced financier from more than two decades ago.

“I saw nothing, and I did nothing wrong,” the former Democratic president said in an opening statement he shared on social media at the outset of the deposition.

The closed-door deposition in Chappaqua, New York, marks the first time a former president has been compelled to testify to Congress.

It comes a day after Clinton’s wife, former Secretary of State Hillary Clinton, sat with lawmakers for her own deposition, where she told lawmakers that she had no knowledge of how Epstein had sexually abused underage girls and had no recollection of even meeting him.

Neither Clinton has been accused of any wrongdoing.

Other news we’re following:

Trump arrives in Texas: Trump has traveled to Texas and is planning to talk about his energy and economic policies. But the red-hot Senate Republican primary race may overshadow his message. All three candidates are expected to join him, just days before the election.Democrats are ‘closely’ reviewing White House offer on DHS: A White House official said the administration had sent a new proposal to Senate Minority Leader Chuck Schumer and House Minority Leader Hakeem Jeffries on Thursday, calling the latest offer to end the ongoing DHS shutdown “serious.” Democrats are continuing to push for “real reforms” on the conduct of federal immigration agents, aides to Schumer and Jeffries said in a statement Friday.Trump orders all federal agencies to phase out use of Anthropic technology: Trump’s comments came just over an hour before the Pentagon’s deadline for Anthropic to allow unrestricted military use of its AI technology or face consequences — and nearly 24 hours after CEO Dario Amodei said his company “cannot in good conscience accede” to the Defense Department’s demands. At issue in the defense contract was a clash over AI’s role in national security and concerns about how increasingly capable machines could be used in high-stakes situations.

Actor Dennis Quaid speaks at Trump rally

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Quaid, who played President Ronald Reagan in a 2024 biopic, got a lift on the real Air Force One and a speaking role behind the presidential seal. Trump invited him on stage briefly during his rally in Corpus Christi, Texas.

“I love Corpus Christi, and I love Donald Trump,” Quaid said.

Earlier in the day, Sen. Ted Cruz posted a 14-second video of Quaid, dressed in a suit, seated next to Trump at a conference table aboard the Air Force One.

In addition to playing the 40th president in “Reagan,” Quaid also appeared as President Bill Clinton in “The Special Relationship,” a 2010 film about former British Prime Minister Tony Blair’s relationship with his U.S. counterpart.

Trump recognizes Texas Republican Senate candidates but stops short of any endorsement

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“We have a great attorney general, Ken Paxton. Hi Ken,” the president said.

“And we have a great senator, John Cornyn,” he added, looking at the seated officials from the stage. “You’re in a little bit of a race.”

The primary is Tuesday, and Cornyn is trying to survive a challenge from Paxton and Rep. Wesley Hunt, who was also at the event in Corpus Christi.

Trump \mentioned Hunt, too, after running through the long list of Texas U.S. House members present.

“And another friend of mine who is doing very well, Wesley Hunt. Wesley Hunt, what a good job,” the president said.

In a nod to the competitive primary, Trump noted, “You do have an interesting election.”

Asked by reporters, Trump said he has “pretty much” decided whom to endorse but declined to specify.

Defense Secretary Pete Hegseth says he is designating Anthropic as a supply chain risk

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Leader of Scouting America says transgender youth still welcome

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Scouting America President and CEO Roger Krone says the organization’s agreement with the Pentagon does not change its existing policies regarding transgender youth and they remain welcome.

“We have transgender people in our program, and we’ll have transgender people in our program going forward,” Krone told The Associated Press.

The Pentagon made the deal with Scouting America, formerly known as the Boy Scouts of America, to maintain their century-old partnership.

Defense Secretary Pete Hegseth said the agreement refocuses the organization away from “woke” policies he accused it of embracing and put heavy emphasis on the group’s acceptance of transgender youth.

‘Tony Gonzales is here’

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The embattled House Republican, who is fending off calls to resign after reports of an affair with a former aide who later set herself on fire, made his way to Trump’s Corpus Christi event.

The president made mention of his presence, saying: “Congressman Tony Gonzales is here.”

Corpus Christi is not in Gonzales’ district.

As Trump gave his shoutout to Gonzales, he added, “Tony, congratulations.” It was unclear what Trump was congratulating him for.

Trump has endorsed Gonzales in his primary.

Trump says he is ‘entitled’ to a third term

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The president again floated the idea of running for a third term during an address at the Port of Corpus Christi, Texas.

“Maybe we do one more term, should we do one more?” he asked the crowd, which responded with cheers.

The president added that “we’re entitled to it, because they cheated like hell,” in reference to the 2020 election.

Allegations from Trump of massive voting fraud have previously been refuted by a variety of judges, state election officials and an arm of his own administration’s Homeland Security Department.

Trump hints at endorsement in Texas Senate race

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Rubio says US may invalidate passports for travel to Iran

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The secretary of state declared Iran to be a “state sponsor of wrongful detention,” ramping up pressure on the country as tensions rise over the possibility of U.S. military strikes on the Islamic republic.

In a statement, Rubio said the move was due to Iran’s continued arrests and imprisonment of “innocent Americans” and citizens of other countries for use as political leverage.
“This abhorrent practice must end,” he said.

The move does not automatically carry any penalties, but Rubio said if Iran doesn’t stop, he could make it illegal for a U.S. passport to be used for travel to or from Iran. That restriction currently only applies to North Korea.

Top Democrat on Senate Intelligence Committee raises concerns over Anthropic decision

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Energy secretary approves export expansion at Texas LNG terminal

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Ahead of Trump’s visit, Energy Secretary Chris Wright authorized a 12% expansion in liquefied natural gas exports at Cheniere Energy’s Corpus Christi terminal.

The order, signed Thursday as Wright toured the site, makes the terminal the second largest LNG export project in the U.S.

This week marks the 10th anniversary of the first export cargo of U.S. LNG gas produced from the lower 48 states. The U.S. is now the world’s largest LNG exporter.

Wright said he was proud to be in Corpus Christi, “standing alongside the American workers responsible for unleashing American energy dominance.”

Anne Rolfes, director of the Louisiana Bucket Brigade, an environmental group that opposes LNG exports, said the Trump administration was “doubling down on a harmful energy source at exactly the moment when we should be full speed ahead on safe, clean and reliable renewable energy.”

Trump orders all federal agencies to phase out use of Anthropic technology

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Trump’s comments came just over an hour before the Pentagon’s deadline for Anthropic to allow unrestricted military use of its AI technology or face consequences — and nearly 24 hours after CEO Dario Amodei said his company “cannot in good conscience accede” to the Defense Department’s demands.

Anthropic didn’t immediately reply to a request for comment to Trump’s remarks.

At issue in the defense contract was a clash over AI’s role in national security and concerns about how increasingly capable machines could be used in high-stakes situations involving lethal force, sensitive information or government surveillance.

JUST IN: Trump orders all federal agencies to phase out use of Anthropic technology after AI company’s dispute with Pentagon

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Democrats are ‘closely’ reviewing White House offer on DHS

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Aides to Senate Minority Leader Chuck Schumer and House Minority Leader Hakeem Jeffries, both New York Democrats, confirmed that the lawmakers have received the White House’s latest offer on ending the ongoing DHS shutdown.

Earlier Friday, a White House official said the administration had sent a new proposal to Schumer and Jeffries on Thursday, calling the offer “serious.”

In a joint statement to reporters, aides to Schumer and Jeffries said their offices are reviewing the White House proposal “closely” and that Democrats are continuing to push for “real reforms” on the conduct of federal immigration agents.

Democrats on House panel say they’re treating Bill Clinton seriously, putting ‘survivors first’

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California Rep. Ro Khanna, a leading advocate to release all Epstein documents, said Democratic members and their lawyers put “survivors first” by asking “difficult questions” and establishing “basic facts” from Bill Clinton.

Rep. Melanie Stansbury, D-New Mexico, described the former president as an important witness.

“It is very well established that President Clinton had a relationship with Jeffrey Epstein and Ghislaine Maxwell, and we are treating this investigation extraordinarily seriously,” she said.

She emphasized that “there are not public files available that accuse (Clinton) of a crime, whereas there are publicly available documents that do allege a crime of President Trump.”

But she described Clinton as being among the figures who can shed light on “why there was a culture around (Epstein) where the rich and powerful turned a blind eye.”

There’s a partisan split on what Bill Clinton testified about Trump

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Comer told reporters that Bill Clinton said Trump “has never said anything to me to make me think he was involved.”

The chairman said that came in response to a question from Garcia, the ranking Democrat, about whether Trump should testify before the committee.

Garcia countered that Comer’s account was not “a complete accurate description of what actually was said.”

He said Clinton “did bring up some additional information about some discussions with President Trump” and argued that raises “some very important new questions about comments that President Trump has actually said in the past.”

That’s another reason to compel Trump to testify, Garcia added.

He declined to go into further details Clinton’s testimony, citing committee rules against disclosure — which he noted with a barb that “Republicans keep breaking the rules.”

Bill Clinton has not invoked the Fifth Amendment, House Democrat says

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Rep. Robert Garcia, the top Democrat on the House Oversight Committee, says the former president has answered questions willingly so far in his testimony and “has not taken a pass” by pleading the Fifth Amendment that witnesses use to decline answering in a way that could incriminate them.

Comer: Bill Clinton has taken about two hours of questions

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Republicans in the House Oversight Committee majority asked Clinton questions for about an hour, followed by an hour from the Democratic minority, chairman James Comer told reporters outside.

Comer said Republicans would get another hour before a break. He said the day would be at about “the halfway point” by then, suggesting Clinton will spend at least six hours with lawmakers.

Trump misquotes Calvin Coolidge

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Trump on Friday put himself among the many who have misquoted a famous sentiment from the 30th U.S. president.

“President Calvin Coolidge: ‘The Business of America is BUSINESS!’” he wrote in a Truth Social post as he headed to Texas aboard Air Force One.

However, this isn’t exactly what Coolidge said. His actual words, said during an address in Washington to the American Society of Newspaper Editors on Jan. 17, 1925, were: “After all, the chief business of the American people is business.”

Coolidge was talking about the “double purpose” of American newspapers — providing readers with information while also having their own business interests. He concluded that this dual role did not “seem to be cause for alarm.”

The ranking Democrat on the Senate Armed Services Committee warns against war with Iran

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Sen. Jack Reed of Rhode Island said Trump has failed to explain the rationale or the risks involved in military action.

“President Trump’s saber-rattling for war with Iran is taking the country down a dangerous path without a clear strategy or endgame and putting U.S. national security at considerable risk,” Reed said in a statement.

As the House and Senate prepare for votes next week on war powers resolutions, he said Congress has received “no real briefings” on the administration’s plans.

“The administration has not presented Congress or the American people with any coherent legal or strategic justification for preemptive strikes,” Reed said. “The president is the Commander-In-Chief, but Congress alone holds the constitutional authority to authorize war.”

Congress prepares for war powers votes to block strikes on Iran

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House Democratic Leader Hakeem Jeffries said Friday a bipartisan coalition is working to force a vote as soon as next week on a war powers resolution that would attempt to prevent any U.S. action against Iran without approval from Congress.

“The American people don’t want another failed forever foreign war, particularly in the Middle East, when we know the outcome is likely to be disastrous,” Jeffries said on MSNow.

“What we’ve got to do right now, of course, is to do everything we can to prevent that from happening,” he said. “It would be reckless. It would be dangerous. It would be harmful to America’s national security interests.”

White House sends another DHS offer to Democrats

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As the Department of Homeland Security remains shut down, the White House and Democratic leaders are continuing to exchange proposals to end the impasse.

A White House official said Friday that the administration sent another counteroffer to Democrats on Thursday. The official, granted anonymity to discuss private negotiations, called the offer “serious.”

Federal funding for DHS lapsed Jan. 30, with Democrats calling for more restrictions on the behavior of federal immigration agents in the aftermath of the death of two U.S. citizens in Minnesota.

But most of DHS provides critical governments, which means that federal employees are working — but not getting paid.

Attorney general announces indictments against 30 more people who protested at a Minnesota church

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Pam Bondi says federal prosecutors have indicted 30 more people tied to a protest at a Minnesota church over an immigration enforcement crackdown.

Bondi says 25 of those people are already under arrest. The protest on Jan. 18 also led to the arrests of independent journalist Don Lemon and local activist Nekima Levy Armstrong. Both have pleaded not guilty to civil rights charges.

Trump officials have strongly condemned the protest for interrupting a church service. Protesters took the action after learning a pastor there is also an immigration enforcement official.

JUST IN: Attorney general announces 30 more people indicted in anti-immigration enforcement protest at Minnesota church

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Trump suggests the U.S. could have a ‘friendly takeover of Cuba’

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Trump says he’s ‘not happy’ with the way Iran is negotiating

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JUST IN: Trump says he’s ‘not happy’ with the way Iran is negotiating but says ‘we’ll see what happens’ with additional talks

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Trump comments on Clinton deposition

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Trump said on Friday that he is not pleased with the deposition of former President Bill Clinton in the House Epstein investigation.

“I like Bill Clinton and I don’t like seeing him deposed,” the president told reporters as he departed the White House en route to Corpus Christi, Texas.

Trump’s new NASA chief speeds up pace of moon program flights

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“It should be incredibly obvious” that three years between launches is unacceptable, NASA Administrator Jared Isaacman said, urging the space agency to cut the gap between Artemis flights to one year or less if it hopes to return astronauts to the moon on a sustainable schedule.

Isaacman unveiled an Artemis program overhaul Friday that adds an extra mission before any lunar landing by astronauts. Instead of attempting to land astronauts on the moon an estimated three years after the upcoming lunar fly-around, NASA will launch astronauts into orbit around Earth in their Orion capsule and have them practice docking with an orbiting lunar lander.

This new plan has the possibility of securing one and maybe two moon landings in 2028, during Trump’s second term.

The move aims to build momentum after repeated rocket repairs and warnings from a safety advisory panel. Isaacman noted that NASA’s Mercury, Gemini and Apollo programs flew in rapid succession before Neil Armstrong and Buzz Aldrin’s landing on the moon in 1969.

“No one here at NASA forgot their history books,” Isaacman said.

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Clinton uses his Epstein testimony for civics advice — and to tweak Republicans

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Bill Clinton says in his prepared statement that “no person is above the law, even presidents.” He agreed to testify, he adds, because, “I love my country.”

Bill and Hillary Clinton initially pushed back against subpoenas they called a partisan stunt by Republicans. They yielded but demanded proceedings be opened. Republicans refused.

“The search for truth and justice,” Clinton planned to tell lawmakers, is more important than “the partisan urge to score points and create spectacle.”

He added a wish that political discourse be ratcheted down.

“Democracy requires every person to play their part, and I hope that by being her today, we can bring ourselves a little further away from the brink and back to being a country where we can disagree with one another civilly,” he says, adding, “I’ll do my part, and I hope you’ll do yours.”

Bill Clinton says lawmakers may hear ‘I don’t recall’ from him often

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“That might be unsatisfying,” the former president says of his plans to answer some questions by saying he has no recollection. “But I’m not going to say something I’m not sure of. This was all a long time ago.”

Clinton adds that he is “bound by my oath not to speculate, or to guess” — a standard he says “is not merely for my benefit but because it doesn’t help you for me to play detective 24 years later.”

Elsewhere in his prepared opening remarks, Bill Clinton is more emphatic about his own actions.

“I know what I saw, and more importantly, what I didn’t see,” he says. “I know what I did, and more importantly, what I didn’t do.”

Bill Clinton says he would have reported Epstein had he known of abuse

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“As someone who grew up in a home with domestic abuse, not only would I not have flown on his plane if I had any inkling of what he was doing — I would have turned him in myself and led the call for justice for his crimes, not sweetheart deals,” Bill Clinton says in his prepared opening statement.

“We are only here because he hid it from everyone so well for so long.”

Bill Clinton chides Republicans for calling Hillary Clinton to testify

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Bill Clinton opening statement says he saw no signs of Epstein abuse

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The former president is telling the House Oversight Committee that his “brief acquaintance with Jeffrey Epstein ended years before his crimes came to light.”

That’s according to a printed copy of his opening statement as it was prepared and released by Clinton’s office.

“I saw nothing, and I did nothing wrong,” Clinton says. “I saw nothing that ever gave me pause.”

Clinton’s remarks state that he is testifying “to offer what little I know so that it might prevent anything like this from ever happening again” and because “the girls and women whose lives Jeffrey Epstein destroyed deserve not only justice, but healing.”

Sen. John Cornyn is on board Air Force One

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JUST IN: Bill Clinton starts deposition by telling lawmakers he ‘did nothing wrong’ and saw no signs of Epstein’s abuse

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Democrats renew calls for Trump to testify on Epstein

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“We’re going to ask President Clinton the hard questions today,” said Rep. Suhas Subramanyam, D-Va. “What is truth about his relationship with Jeffrey Epstein? But let’s be real. We’re talking to the wrong president today.”

Democrats hope to leverage the Clintons’ appearances before House Oversight. They’ve noted that files released so far suggest Trump was more closely involved with Epstein than Clinton. And they want to emphasize that it’s the former president who is submitting to questions while the sitting president denies any involvement.

“President Trump is the one who is blocking our investigation. President Trump is the one who wants us to go away, but it will not go away,” Subramanyam said.

Top Democrat on House Oversight says Bill Clinton should not invoke the Fifth Amendment

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“I think it was telling that Secretary Clinton did not take the Fifth one time,” Garcia told reporters, referring to the constitutional protection defendants and witnesses sometimes cite when declining to answer questions in legal proceedings.

Garcia continued: “I think it’s important the president (Bill Clinton) do the same. I think he will answer questions today.”

Republicans, Democrats offer different accounts of Hillary Clinton testimony

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Mace described Hillary Clinton “screaming” during her deposition on Thursday.

“I hope that President Clinton is less unhinged than his wife was yesterday,” Mace said Friday outside the building where the House Oversight panel is convening.

Democrats dismissed Mace’s description, which Rep. Robert Garcia said proves the need for Comer to release the “full, unedited” video. The Clintons had wanted to testify publicly but Comer insisted on the private sessions.

Garcia called the Republican questioning Thursday a “disgrace” focused on old “conspiracy theories.” He praised Hillary Clinton for participating.

He reminded reporters Friday that Democrats still want the proceedings to be open “so that you can hear the answer and the questions directly.”

Mace says Howard Lutnick should testify on Epstein relationship

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Rep. Nancy Mace, R-S.C., listens during a House Committee on Oversight and Government Reform markup business meeting about finding former President Bill Clinton and former Secretary of State Hillary Rodham Clinton in contempt of Congress, Wednesday Jan. 21, 2026, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)

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Rep. Nancy Mace, R-S.C., listens during a House Committee on Oversight and Government Reform markup business meeting about finding former President Bill Clinton and former Secretary of State Hillary Rodham Clinton in contempt of Congress, Wednesday Jan. 21, 2026, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)

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Commerce Secretary Howard Lutnick listens as President Donald Trump speaks to reporters as he flies aboard Air Force One from Joint Base Andrews, Md., to West Palm Beach, Fla., Friday, Feb. 6, 2026 (AP Photo/Mark Schiefelbein)

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Commerce Secretary Howard Lutnick listens as President Donald Trump speaks to reporters as he flies aboard Air Force One from Joint Base Andrews, Md., to West Palm Beach, Fla., Friday, Feb. 6, 2026 (AP Photo/Mark Schiefelbein)

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Rep. Nancy Mace, R-S.C., said ahead of Bill Clinton’s testimony Friday that Trump’s Commerce Secretary Howard Lutnick should answer questions before the House Oversight Committee.

The secretary has admitted meeting Epstein after previously denying knowing him.

After Hillary Clinton’s testimony on Thursday, Comer would not rule out asking Lutnick to appear for questioning.

Comer promises Bill Clinton updates, release of Hillary Clinton deposition video

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Scouting America says it’s sticking to ‘core commitments’ after Pentagon talks

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Scouting America says it is waiving registration fees for military families and creating a merit badge that focuses on military services and veterans after months of talks with the Defense Department.

The organization released its statement Friday after Hegseth said it was altering policies about transgender kids, among other changes. But Scouting America’s statement did not mention transgender youth.

“Scouting America held firm on the core commitments that define us. We maintained  our name as ‘Scouting America’ and preserved our service to the more than 200,000 girls who participate in our programs,” the organization said.

Scouting America, formerly known as the Boy Scouts, said it has been talking with Defense Department officials for months as the Pentagon takes aim at the military’s partnership with the organization. Hegseth said he wants to root out scouting’s “woke culture.”

Marco Rubio to visit Israel next week as tensions with Iran soar

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The Secretary of State will make a quick trip to Israel early next week as tensions between the United States and Iran soar amid a massive buildup of U.S. forces in the Middle East, the State Department said Friday.

The department said in a statement that Rubio would visit Israel on Monday and Tuesday to “discuss a range of regional priorities including Iran, Lebanon, and ongoing efforts to implement President Trump’s 20-Point Peace Plan for Gaza.” It offered no other details.

The announcement comes just hours after the U.S. Embassy in Jerusalem implemented “authorized departure” status for non-essential personnel and family members, which means that eligible staffers can leave the country voluntarily at government expense.

JUST IN: State Department says Rubio will travel to Israel next week as US considers military action against Iran

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US advises embassy staff to leave Israel now if they want, as risk of war hangs over Middle East

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The U.S. Embassy in Israel urged anyone considering departure to do so immediately on Friday, as the threat of an American strike on Iran looms.

The email from Ambassador Mike Huckabee to embassy employees was recounted to The Associated Press by someone involved with the U.S. mission who wasn’t authorized to share details. Sent before 10:30 a.m., it urged staff considering departure to get on any flight out of Israel and then make their way to Washington.

There’s no need for panic, Huckabee wrote, but for those desiring to leave, it was important to make plans soon. “While there may be outbound flights over the coming days, there may not be,” Huckabee wrote.

Iran and the United States walked away from nuclear negotiations Thursday without a deal. Vice President JD Vance is scheduled to meet Friday in Washington with a mediator, Oman’s foreign minister, Badr al-Busaidi, according to a person with knowledge of the meeting who spoke on condition of anonymity because the meeting is private.

So what about Trump? Has a precedent been set?

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Some Democrats supported the push to depose Bill Clinton, arguing that the precedent should also apply to the
Republican president who had his own lengthy relationship with Epstein.

“We’re demanding immediately that we ask President Trump to testify in front of our committee and be deposed in front of Oversight Republicans and Democrats,” Rep. Robert Garcia, the committee’s top Democrat, said Thursday.

Comer has pushed back, saying Trump has already answered questions on Epstein from the press.

Democrats also want testimony — and the resignation — of Commerce Secretary Howard Lutnick, who had said he severed ties following a disturbing 2005 tour of Epstein’s home. The publicly released case files showed Lutnick attended a 2011 event at Epstein’s home and had a family lunch in 2012 with Epstein on his private island.

Comer on Thursday said that it was “very possible” that Lutnick would be called to testify.

Bill Clinton deposition will soon be underway

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Republican lawmakers have entered the event center in Chappaqua, New York where they have been interviewing Bill and Hillary Clinton.

The former president’s deposition is scheduled to begin in the next hour, and GOP lawmakers have pledged a lengthy day of questioning about his ties to Jeffrey Epstein.

Rep. James Comer, the GOP chair of the House Oversight Committee, said Thursday that Hillary Clinton had repeatedly told lawmakers that her husband knew more about Epstein’s work with the Clinton Global Foundation.

A handful of protesters gathered outside to show their displeasure at Trump, calling for him to face the same kind of grilling for his connections to Epstein.

Bill Clinton has given politicized, scandal-charged depositions before

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In 1998, Clinton became the first sitting president to give a grand jury deposition.

The 42nd president spent four hours in the White House Map Room with grand jurors watching him on video, answering questions about his relationship with a White House intern.

Clinton recalled in his memoir admitting to special counsel Ken Starr’s team that “‘on certain occasions in 1996 and once in 1997’ I engaged in wrongful conduct that included inappropriate intimate contact with Monica Lewinsky.”

The president said in a televised address that night that he “answered their questions truthfully, including questions about my private life, questions no American citizen would ever want to answer.”

Months earlier, Clinton was deposed in Paula Jones’ sexual harassment lawsuit against him. He said repeatedly then that he didn’t recall being alone with Lewinsky and that “nothing remarkable” occurred if he was. Clinton settled Jones’ suit without admitting wrongdoing.

Republicans relishing the chance to scrutinize the former Democratic president under oath

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US stocks slump and oil prices jump as worries about AI, inflation and possible war hit Wall Street

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U.S. stocks are sinking as Wall Street gets back to hunting and punishing potential losers in the artificial-intelligence revolution. A surprisingly discouraging update on inflation also hurt the market.

The report showed U.S. wholesale inflation at 2.9% last month, much higher than the 1.6% economists expected. It’s so much worse than expected that it could help persuade the Federal Reserve to hold off longer on the interest rate cuts that Trump constantly pushes for. Lower rates would give the economy and prices for investments a boost, but they risk worsening inflation at the same time.

Oil prices also jumped amid worries of military conflict between the United States and Iran.

Biden draws attention at Reagan Airport en route to SC

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