Federal Reserve's Barkin said it is difficult to judge how the election will affect the economy.

U.S. defense secretary Hegseth said he is not worried that enough Republicans will defect in impeachment proceedings to vote to convict.

In a lengthy CBS 60 Minutes interview, President Trump said he does not intend to escalate military action against Iran for now, while arguing prior strikes weakened Iran’s conventional forces and delayed its nuclear program. He acknowledged the Iran war and higher fuel prices hurt GOP support. Trump said he will issue a large number of pardons before leaving office, including for some January 6 participants. He flagged imminent White House and cabinet personnel changes and possible firings, expressed confidence in Defense Secretary Hegseth and expected Senator Rubio to stay, and said he has not decided whether to endorse a 2028 Republican candidate. He also conceded parts of the administration’s immigration removals were overly harsh.