Trump buys time with a ceasefire extension — but Iran still won’t talk
4/22/202616 min
President Trump announced an indefinite extension of the ceasefire between the U.S. and Iran. Aamer Madhani of the Associated Press details what may come next.
Kevin Warsh, Trump’s nominee to be the next Federal Reserve chair, appeared before the Senate Banking Committee. Politico’s Victoria Guida dissects his testimony.
Some estimates say immigrants pay up to $60 billion in taxes to the government. The Washington Post’s Marissa Lang joins to discuss how Trump’s immigration crackdown might affect that revenue.
Plus, Rep. Sheila Cherfilus-McCormick resigned from Congress, Virginia voters approved a new congressional voter map that favors Democrats, and why everyone really likes the newest superchampion of ‘Jeopardy!’.
Today’s episode was hosted by Cecilia Lei.
Clips
Transcript preview
First 90 secondsCecilia Lei· Host0:00
[intro music] Good morning. Talks with Iran are canceled, but the ceasefire goes on. The Associated Press explains. Trump's pick to be Fed chair gets a Senate grilling on his ability to resist White House pressure.
Kevin Warsh· Soundbite0:17
I do not believe that independence of monetary policy is threatened when elected officials state their views on rates. Fed independence is up to the Fed.
Cecilia Lei· Host0:26
And Virginia votes to redraw its maps to favor Democrats in time for the midterms. It's Wednesday, April 22nd. I'm Cecilia Ley, and this is Apple News Today. It was another 11th hour reversal from President Trump as he extended the ceasefire deal with Iran hours before it was set to expire. Trump had started yesterday with a morning call to CNBC and a warning to expect bombing soon.
Donald Trump· Soundbite1:00
I'm looking at your numbers now as I speak. I mean, the market's up. We're gonna be at 50,000. That's where we were just a little while ago when it started. And when I hit 50,000 on the Dow and 7,000 on the S&P, I said, "Well, I hate to do this to everybody, but I'm gonna have to journey down to a place called Iran."
Aamer Madhani· Guest1:18
He seemed to be almost marveling at his impact on the ticker in real time that was going in the green, and chattering confidently how he didn't wanna extend the ceasefire.
Cecilia Lei· Host1:29
Aamer