Iran War Economy

Defense Secretary Pete Hegseth faced nearly six hours of questioning Wednesday from House lawmakers for the first time since President Donald Trump’s administration launched the war against Iran. Democrats have contested the war as a costly conflict of choice waged without congressional approval. He’ll return tomorrow to face the Senate. Trump, meanwhile, told Axios that he’s rejecting Iran’s proposal to reopen the Strait of Hormuz in exchange for a lift of the U.S. blockade — a plan that would postpone discussions of Iran’s nuclear program. Until now, Hegseth has avoided public questioning from lawmakers about the war, although he and Chairman of the Joint Chiefs of Staff Gen. Dan Caine have held televised Pentagon briefings.