Jerome Powell & Pete Hegseth

Jerome Powell: Jerome Powell's tenure as Fed boss is ending, with Kevin Warsh set to take over. His past actions and the recent Fed meeting are mentioned in the context of market sentiment.

Pete Hegseth: Pete Hegseth, US Defense Secretary, stated that the US naval blockade is a 'polite' behavior and that US forces are ready to strike Iran's power plants and energy industry if ordered.

Jerome Powell: Jerome Powell, United States — Federal Reserve boss, is facing a renewed threat from Donald Trump to be sacked, but stated he would not leave his post until a Justice Department investigation is over.

Pete Hegseth: Pete Hegseth, the US Defense Secretary, stated that troops were poised to restart combat operations if a deal was not reached, threatening to target Iran's critical dual-use infrastructure, power generation, and energy industry.

Jerome Powell: Jerome Powell's term as Fed chair ends May 15, with Kevin Warsh as his likely successor.

Pete Hegseth: Defense Secretary Pete Hegseth will face questioning from Congress regarding the Iran war's costs and the Trump administration's military budget.