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Trump Says Iran Deal Will Avoid ‘Economic Catastrophe’

June 17, 2026 at 2:36 pm EDT By Taegan Goddard Leave a Comment

“President Trump on Wednesday defended his agreement to end the Iran war, saying he wanted to avoid an ‘economic catastrophe’ that could have resulted if the conflict the U.S. launched had continued,” the Wall Street Journal reports.

“Trump said he was influenced by the stock market’s rise as he worked toward a resolution of the conflict. He said he didn’t want to be compared with former President Herbert Hoover, who was president during the 1929 market crash that led to the Great Depression.”

Said Trump: “He was always the one I didn’t want to be. I didn’t want to see an economic catastrophe.”

Pence Calls Trump’s Iran Deal ‘Bigger Than a Mistake’

June 17, 2026 at 2:35 pm EDT By Taegan Goddard Leave a Comment

Former Vice President Mike Pence said that he believes the current version of President Trump’s peace deal with Iran is “much bigger than a mistake,” calling it a “deeply ill-advised” act of “appeasement,” The Wrap reports.

Trump Plans Fence Around Lafayette Square

June 17, 2026 at 2:35 pm EDT By Taegan Goddard Leave a Comment

“President Donald Trump is planning another significant change to the White House grounds: a new permanent fence that would allow officials to close the public park across the street from the executive mansion,” the Washington Post reports.

Fed Officials See Higher Rates as Next Move

June 17, 2026 at 2:34 pm EDT By Taegan Goddard Leave a Comment

“Federal Reserve officials hinted more strongly at the possibility that their next move will be to raise interest rates when they held them steady Wednesday—a notable shift at Kevin Warsh’s first meeting as chairman,” the Wall Street Journal reports.

“For weeks, investors had been bracing for a Fed that would keep rates higher for longer, selling off bonds and driving up long-term yields. The decision to hold rates in the current range between 3.5% and 3.75% was unanimous.”

Georgia Lawmakers Reject Redistricting

June 17, 2026 at 1:42 pm EDT By Taegan Goddard Leave a Comment

Republican lawmakers in Georgia said Wednesday that they won’t redraw congressional and state legislative districts for the 2028 elections during a special session called by GOP Gov. Brian Kemp, the AP reports.

Trump Says He’ll Blame Vance if Iran Deal Fails

June 17, 2026 at 1:39 pm EDT By Taegan Goddard Leave a Comment

President Trump joked on Wednesday that he will blame Vice President Vance if the preliminary deal with Iran falls through, The Hill reports.

Said Trump: “If it works out, I’m going to take the credit. If it doesn’t work out, I’m blaming JD. You better be careful, JD. He’s going to turn his plane around and get the hell out of here.”

Sean Penn to Direct Film About January 6th

June 17, 2026 at 12:23 pm EDT By Taegan Goddard Leave a Comment

“Sean Penn, coming off his third Oscar win for One Battle After Another, has been quietly setting up a passion project. And it’s a doozy,” Deadline reports.

“The currently untitled film will follow the early life of a cop who goes on to be caught up in the January 6th Capitol riots. Penn has scripted and will direct the movie, which has five-time Oscar nominated actor Bradley Cooper in talks to star in the lead role. There’s no deal yet.”

GOP Senator Offers Blistering Take on Trump Iran Deal

June 17, 2026 at 12:15 pm EDT By Taegan Goddard Leave a Comment

“Sen. Bill Cassidy (R-LA) on Wednesday slammed the deal between the Trump administration and Iran, two days before the two sides are set to sign it,” The Hill reports.

Said Cassidy: “The details that I’ve seen so far look … awful. This will go down as a tremendous foreign policy blunder.”

OMB Nominee Touts Plan to Kill Grants

June 17, 2026 at 12:11 pm EDT By Taegan Goddard Leave a Comment

“President Donald Trump’s nominee for the No. 2 post at the White House budget office told lawmakers Wednesday that the administration will stop federal cash from flowing to ‘divisive ideologies’ under new grant rules in the works,” Politico reports.

“Hal Duncan, who is seeking Senate confirmation to serve as deputy director of the Office of Management and Budget, said during his confirmation hearing that the White House will ensure federal grants are aligned with Trump’s priorities by changing the way more than $1 trillion is approved each year.”

The Unlikely District That May Signal a Blue Wave

June 17, 2026 at 12:08 pm EDT By Taegan Goddard Leave a Comment

Larry Sabato’s Crystal Ball: “North Carolina’s 11th congressional district could be a key barometer in determining how big of a Democratic wave occurs in 2026.”

“The district, wedged in the western corner of North Carolina, has not elected a Democrat since 2010, but it got a little less red between 2020 and 2024.”

“Electoral trends, combined with the perceived strength of the challenger Jamie Ager (D) and potential weaknesses of the incumbent Chuck Edwards (R, NC-11), lead many Democrats to believe they have a chance in this unlikely district.”

EU Opens Back Channel to Putin

June 17, 2026 at 11:40 am EDT By Taegan Goddard Leave a Comment

“European Council President Antonio Costa has made contact with the Kremlin in an effort to engage Russian President Vladimir Putin in discussions about how to end the war in Ukraine,” Bloomberg reports.

Hillary Clinton Savages Biden for Trying to Run Again

June 17, 2026 at 11:39 am EDT By Taegan Goddard Leave a Comment

“Hillary Clinton savaged ex-President Joe Biden’s decision to try to run again in 2024 during an event in New York City on Monday night,” Mediaite reports.

Said Clinton: “He made a terrible mistake. He made a terrible mistake for himself, his legacy, and for the country. He had said that he would not run again. And counterfactual narratives are always a bit tricky. But I believe if he had kept to that plan and said, in, say, the late summer of ’23, that he wasn’t going to run, that he was going to pass, you know, the torch to the next generation, we would have had a real contest.”

She added: “So I think it was a terrible miscalculation on the part of President Biden. But once he didn’t move, and and did not, you know, admit that he had said he was going to step aside and then decided not to, and held on for as long as he did, we were in a terrible dilemma.”

New ‘Christian Phone’ Blocks Porn

June 17, 2026 at 11:00 am EDT By Taegan Goddard Leave a Comment

“A new U.S.-wide cell phone network marketed to Christians is set to launch next week,” MIT Technology Review reports.

“It blocks porn, which experts in network security say marks the first time a U.S. cell plan has used network-level blocking for such content that can’t be turned off even by adult account owners. It’s also rolling out a filter on sexual content aimed at blocking material related to gender and trans issues, which will be optional but turned on by default across all plans.”

Democrats Prep for Shrinking Southern Delegations

June 17, 2026 at 10:55 am EDT By Taegan Goddard Leave a Comment

“House Democrats face a conundrum — they are optimistic about retaking the majority in the midterms, but with redistricting reshuffling the map it means Southern lawmakers’ power will be greatly diminished,” NOTUS reports.

“Bracing for the loss of some of their colleagues, Black Democrats from the South are appealing to leadership to help the region maintain power and influence in the caucus, even if its numbers shrink.”

U.S. and India ‘Very Close’ to Finalizing Trade Deal

June 17, 2026 at 10:45 am EDT By Taegan Goddard Leave a Comment

“President Donald Trump lauded Indian Prime Minister Narendra Modi and said that Washington and New Delhi were ‘very close’ to finalizing a long-awaited trade agreement,” Bloomberg reports.

Said Trump: “We’ve been there for a little while and he’s a very tough negotiator, one of the toughest, actually.”

Keir Starmer Faces Cabinet Showdown

June 17, 2026 at 10:22 am EDT By Taegan Goddard Leave a Comment

“Supporters of Greater Manchester Mayor Andy Burnham expect senior members of Keir Starmer’s cabinet to tell the UK prime minister to agree a handover of power in the coming days, in an attempt to make it impossible for him to continue in post,” Bloomberg reports.

“Burnham is standing in a special election on Thursday that he’s expected to win, which would give him the Parliamentary seat he needs to bid for Starmer’s job. But Burnham would rather not directly launch a leadership challenge immediately after the by-election.”

Trump Angrily Defends Iran Deal

June 17, 2026 at 10:20 am EDT By Taegan Goddard Leave a Comment

“President Trump insisted on Wednesday that the United States was not in effect paying Iran to agree to the recently negotiated peace agreement, and he angrily proclaimed that his deal was better than the one former President Barack Obama signed with Tehran in 2015,” the New York Times reports.

“Speaking to journalists on his last day at the Group of 7 summit in France, Mr. Trump denied reports that the preliminary deal, the contents of which have yet to be released, included any U.S. investment in a $300 billion reconstruction fund for Iran or any immediate sanctions relief.”

Democratic Socialist Leads D.C. Mayor Race

June 17, 2026 at 9:33 am EDT By Taegan Goddard Leave a Comment

“Democratic socialists are flexing their growing political strength in the nation’s capitol, with Janeese Lewis George leading in vote counting in Tuesday’s Democratic primary to be Washington, D.C.’s next Mayor,” Time reports.

“If the results hold, she will be all but certain to replace Mayor Muriel Bowser as the city’s leader in January.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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