Redistricting debate shifts to South Carolina as Republicans seek clean sweep of House seats – US politics live

Redistricting debate shifts to South Carolina as Republicans seek clean sweep of House seats – US politics live


Key events

Trump may have to wait for rate cuts until the Iran war is over, he tells Fortune

President Donald Trump conceded in an interview with Fortune magazine published on Monday that he may have to wait until the war with Iran was over for more interest rate cuts.

“You can’t really look at the figures until the war is over,” he said.

Trump said Iran was “dying to sign” a ceasefire deal with the US. “But they make a deal, and then they send you a paper that has no relationship to the deal you made.” he told Fortune.

The president also said he “should have asked for more” of a stake in Intel on behalf of the US government.

The Trump administration last year took a 10% stake in Intel and announced an investment of about $10 billion in the chipmaker for building or expanding factories in the U.S.

Eight months after the deal, the government’s Intel position has grown to be worth more than $50 billion.



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Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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