Huge meeting for the president in maralago, florida. He will meet with the president of china. And the United States nations a big day of breaking news. Testing time for the commander in chief who has been on the job just 76 days, an apparent chemical weapons attack in syria, scores of children and others. Pyongyang patience exhausted. Pressure for the president on two big fronts, pressure to consider a much needed response. First at the United Nations this morning, an emergency Securities Council session. When the United Nations consistently fails in its duty to act collectively, there are times in the life of state that we are compelled to take our own action. For the sake of the victims, i hope the rest of the council is finally willing to do the same. Will be interesting to see how much in line he is with what she just laid out. Is it would be pretty hard and cause a diplomatic dustup of its own if the president of the United States didnt back up what she just said . It would. But
Sanctions promised to make things even tougher. Relations between the u. S. And iran have gotten worse three months ago President Donald Trump unilaterally pulled out of the Iran Nuclear Deal and said hed impose the toughest sanctions iran has ever faced a declaration of economic war against the islamic republic. Since then irans economy has plunged into chaos the collapse of the countrys Currency The Reaal has accelerated it has now lost seventy percent of its value against the euro the government has banned many Currency Transactions since april the falling reale didnt just hurt Currency Holders food prices have risen by at least forty percent. And last week President Trump further stirred the pot with a surprising proposal thank you very much thank you i would certainly made with iran if they wanted to meet i dont know that theyre ready to have a hard time right now. But i ended the iran deal it was a ridiculous deal the response from irans leaders was tepid but several
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gary cohn said he s looked at what they did and he doesn t see anything in the changes that would have stopped if they left it in place that would have stopped silicon valley bank. reporter: the blame game is in full effect. members of congress don t have full information of what happened. members were briefed by the treasury department but it wasn t until last night at 7:00 p.m. when the treasury department briefed a bipartisan group of members. very few members actually joined that i m told. nevertheless, it has not stopped the finger pointing. republicans contend it is liberal policies of those two banks that led to the collapse. democrats pointing to the changes made in the trump administration, the 2018 vote to weaken dodd-frank saying that is a key part of what happened in their view. that is what elizabeth warren argued this morning. she of course was central and championing the dodd-frank law