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The Wall Street Journal, citing US officials, reports President Trump weighed whether to return to a full-scale military campaign against Iran and held multiple discussions with Defense Secretary Hegseth and Joint Chiefs Chairman Dan Kain on further

2026-07-01

The Wall Street Journal, citing US officials, reports President Trump weighed whether to return to a full-scale military campaign against Iran and held multiple discussions with Defense Secretary Hegseth and Joint Chiefs Chairman Dan Kain on further strikes. Officials say he has for now decided against military action and will continue diplomatic talks, telling aids a new full-scale strike could undermine diplomacy and hurt prospects to dismantle Iran’s nuclear program. Trump signaled he could accept negotiations running past the Aug. 18 nuclear-deal deadline and said he was satisfied retaining a one-off strike option if Tehran violates a memorandum of understanding.

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2026-07-01

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Fed's Hammack said he does not see much policy restraint in the economy.
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