Washington Today (5-12-26): Iran war pushes inflation to 3-yr high; Pres. Trump starts trip to China
May 12, 2026
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1:24Sen. Murray grills FBI Dir. Kash Patel over investigations of journalists
59:22Now PlayingWashington Today (5-12-26): Iran war pushes inflation to 3-yr high; Pres. Trump starts trip to China
YouTube Description
as posted by the channelLabor Department says inflation in April was 3.8 percent year over year, highest in three years, with the Iran war driving up energy and food prices.
Senate leaders weigh in on President Trump's proposal to suspend the federal gas tax as the average for a gallon hits $4.50.
Pentagon Comptroller Jay Hurst testifies to House & Senate Appropriations subcommittees that the war with Iran has cost so far $29 billion. Defense Secretary Pete Hegseth & Gen. Dan Caine, chair of the Joint Chiefs of Staff also testify about the Trump Administration's war strategy.
President Trump heads to China for a visit with President Xi Jinping on the war with Iran, trade, AI and Taiwan, among other issues.
$1 billion added for security upgrades to President Trump's White House ballroom reportedly gets a chilly reception from Senate Republicans.
FBI Director Kash Patel is questioned at a Senate subcommittee hearing about news reports alleging a pattern of unexplained absences and excessive drinking.
Criminal indictments are announced against the companies that operated the ship that crashed into and collapsed the Francis Scott Key Bridge in Baltimore in 2024, killing six workers.
FDA Commissioner Dr. Martin Makary says he is resigning.
Sen. Ted Cruz (R-TX) does an impersonation of the late President John F. Kennedy setting the goal of going to the moon, complete with a Boston accent, to celebrate the recent Artemis II mission.
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