He's lying. You know why we know? WE HAVE THE AGREEMENT HE SIGNED!!!!
Here's the operative language: "The U.S. undertakes, together with regional partners, a comprehensive plan...for the rehabilitation and economic development of Iran...of at least $300 billion."
SUMMARY OF FED DECISION (6/17/2026):
1. Fed leaves rates unchanged for the 4th straight meeting
2. 9 out of 18 officials expect at least one rate hike this year
3. Fed lowers its median 2026 US GDP projection from 2.4% to 2.2%
4. Fed now sees PCE inflation not returning to its 2% target until 2028
5. Fed says inflation "remains elevated" relative to their goal
6. Today's Fed decision was reached in a unanimous 12-0 vote
The Fed appears to be bracing for more inflation.
BREAKING: The US has released the full text of its 14-point "Memorandum of Understanding" with Iran.
Key terms include:
1. The US, Iran, and their allies agree to immediately and permanently end military operations on all fronts, including in Lebanon
2. The US and Iran agree to respect each other's sovereignty and territorial integrity and not interfere in each other's internal affairs
3. The US and Iran commit to negotiating and reaching a final deal within 60 days, unless mutually extended
4. The US will begin removing its naval blockade immediately and fully end the blockade within 30 days
5. Iran will use its best efforts to ensure safe passage for commercial vessels through the Strait of Hormuz for 60 days with no charge
6. The US and regional partners will develop a mutually agreed plan of at least $300 billion for Iran's reconstruction and economic development
7. The US will work toward terminating all types of sanctions against Iran, including UN, IAEA, primary, and secondary sanctions
8. Iran reaffirms that it will not procure or develop nuclear weapons and agrees to address its enriched material stockpile under IAEA supervision
9. Until a final deal is reached, Iran will maintain the current status quo of its nuclear program, while the US will impose no new sanctions and deploy no additional forces
10. The US Treasury will issue waivers for Iranian crude oil, petroleum products, derivatives, and associated banking, insurance, and transportation services
11. The US will make frozen or restricted Iranian funds and assets fully available for use
12. The US and Iran will establish an executive mechanism to monitor implementation of the MOU and future compliance with the final deal
13. After signing the MOU and implementing key ceasefire, blockade, shipping, oil waiver, and asset-release provisions, the US and Iran will begin final deal negotiations
14. The final deal will be endorsed by a binding UN Security Council resolution
The memorandum will trigger a 60-day window to negotiate a final deal.
#MEPol: "Susan Collins says she's bipartisan, but she's only bipartisan when it doesn't matter."
Graham Platner is up with a new #MESen ad.
Maine Senate general election spending & reservations:
Campaign: 🔵$862K 🔴$22K
Groups: 🔴$69.4M 🔵$26.8M
The net result of a war that cost $60 billion, killed 13 Americans and thousands Iranian civilians, set off a new war between Israel and Lebanon, and caused massive U.S. inflation:
America agrees to give Iran billions in exchange for nothing.
A disastrous humiliation.
“People shouldn’t read too much into the language of the MOU,” one US official told me, describing the agreement as a “political document.”
“What’s more important than the actual document is the understandings we have with each other... We came up with language that allows (Iran) to say what they need to say for their domestic politics.”
BREAKING: Iran's IRGC has launched multiple drones at commercial vessels in the Strait of Hormuz every night since the US-Iran deal was electronically signed Sunday, including yesterday, to enforce Iranian control over Hormuz shipping, per NBC News citing a US official.
Meanwhile multiple loaded Iranian oil tankers have left the port of Chabahar and crossed the US blockade line today, without being stopped, per MarineTraffic.
Iran is operationally exercising its full sovereign authority over the Strait of Hormuz while simultaneously receiving $400 billion in total deal funds across frozen assets and reconstruction funds, fulfilling IRGC Commander Vahidi's framework of "we take the money" while retaining the missile program, proxy network, rebuild capacity and control over Hormuz.