Live updates: Trump cautions Iran deal isn’t ironclad; DNI nomination on hold over SAVE America Act

President Trump on Wednesday cautioned that the preliminary deal with Iran isn’t yet final, and the U.S. could “resume strikes” if needed.

“No, it’s not final. It’s a memorandum of understanding, and if I don’t like it, we’ll go back to shooting at them, dropping bombs on their head,” Trump said, speaking next to Egyptian President Abdel Fattah El-Sisi at the G7 Summit in Évian-les Baines, France.

Trump is expected to hold a press conference, then travel to Versailles for dinner with French President Emmanuel Macron before departing for home.

The Federal Reserve is expected to keep interest rates steady this afternoon. Wednesday’s announcement marks new chair Kevin Warsh’s first leading the central bank.

Meanwhile, on Capitol Hill, the Senate Intelligence Committee was expected to hold a confirmation hearing for Trump’s Director of National Intelligence nominee, Jay Clayton. But the president threw Clayton’s nomination into flux, saying he would delay it until the Senate passed the SAVE America Act.

Acting Attorney General Todd Blanche has been meeting with Senate Republicans this week to quell GOP skepticism of the proposed anti-weaponization fund.

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