The Financial News

The Financial News

US Senate Live: Hegseth, Caine testify in Senate budget hearing as Trump says Iran ceasefire is weak


Secretary of War Pete Hegseth and Joints Chiefs of Staff Chairman Dan Caine are expected to testify before the House on the Department of War’s budget.
Defense Secretary Pete Hegseth will face a new round of questioning from lawmakers over the Iran war Tuesday, including some Republicans who have expressed concerns over the length of the conflict and its lack of congressional approval.

The powerful House and Senate subcommittees that oversee defense spending are holding back-to-back hearings to review the Trump administration’s 2027 military budget proposal, which calls for a historic allocation of $1.5 trillion. But the discussions are expected to veer into the handling of a war that appears locked in a stalemate as higher fuel prices pose political problems for Republicans in the midterm congressional elections.

President Donald Trump is facing increasing pressure from the economic shocks of Iran effectively closing the Strait of Hormuz, a vital shipping corridor where 20% of the world’s oil normally flows. The US military in turn has blockaded Iranian ports and the two sides have traded fire, with American forces thwarting attacks on their warships and disabling Tehran-linked oil tankers.
#live #petehegseth #dancaine #ussenate #iranwar #iran #tehran #whitehouse #donaldtrump #trump #hormuz #tehran


Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © All rights reserved. | The Financial Times