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Fallout across Washington after another terrible assassination attempt against President Trump. What's next with Iran after President Trump called back planes headed towards peace talks? Will there be a reconciliation bill to deal with Democrats DHS shutdown and will that be impacted by the assassination attempt against President Trump? King Charles is coming to town. All of that and so much more we're going to outline today in a Special Monday rundown. 10 minute drill. Everybody get up. Get up. The story of America is the story of an adventure. I can hear you. The rest of the world hears you. We are a nation under God, and I believe God intended for us to be free. On Saturday night, President Trump attended the first White House Correspondents Dinner. As president, he has previously skipped the event and had good reason to after many comedians and speakers at the event had said terrible things about himself, his family, going much further than the normal ribbing that we had seen in the past. But President Trump, as part of his second term, make everything great again. Had planned to attend. And it was great to see how much of the dinner seemed to be shaping up for a more ideologically diverse media audience. It was great to see Fox doing so much. It was great to see the Daily Wire, daily signals so many conservative media outlets taking part in it. However, before the official proceedings could really kick off, the sound of bullets rang out from a adjoining hallway. Some reports have said a hallway a floor above the actual ballroom itself, as a man attempted to overrun the magnetometers, break into the room, and according to reports that we've since learned, tried to shoot and assassinate President Trump and members of his Cabinet. The fallout was immediate. President Trump was rushed out of the room. People were held in lockdown. Members of the Cabinet were securely let out. But later that night, President Trump held a press conference at the White House that I believe set a very good tone for one, saying we're not going to let the terrorists win. And two, a lot of positive remarks for Secret Service, for law enforcement, and for the members of the media who'd been handling this. Now, now, where things go from here, there's gonna be a lot of discussion about security. One key part of this is the fact that Democrats are still holding back funding for the Department of Homeland Security, which includes funding for Secret Service. Expect to see a lot of scrutiny on that issue. The shooter himself left a manifesto outlining his political views and his motivations and the fact that he clearly wanted to kill President Trump and members of his Cabinet. The House Oversight Committee has already called for hearings with Secret Service. They'll analyze both the security protocols put in place. But also the Democrats shutdown is impacting that. I expect this to dominate conversation in the Capitol this week. Late last week as there were reports that JD Vance would be leading Steve Witkoff and Jared Kushner and the delegation for peace talks in Pakistan, President Trump announced he was calling them back and would be calling off peace talks because what Iran had been willing to offer in terms of discussion points for peace talks was not sufficient. Now on Sunday night, new reports from Axios. Iran offers US deal to reopen strait but postpone nuclear talks Iran gave the United States a new proposal to reopen the Strait of Hormuz and end the war with nuclear negotiations postponed for a later stage according to a US Official and two sources with knowledge. Now this is a great report from Axios who's been one of the most well sourced outlets on this entire conflict. However, I expect after President Trump's frustration late last week, this will not be seen as a positive offer because what Iran is essentially saying is give up all your leverage, which is the block that's forced Iran really to the table. And Iran is saying then we might consider having talks about the nuclear issue. Now the nuclear issue is the one main sticking point that started the war in the first place. And so this looks again like a classic Iranian attempt to, to stall, to hide the ball and to keep anyone from being able to have any actual good faith discussions. I would expect after a lot of calls late last week, the ceasefire deal that was predicated on some actual good faith momentum towards peace talk will likely be suspended and bombs might begin to drop again very soon. Today the Virginia Supreme Court will begin hearing arguments about the Democrats redistricting plans and the challenge to them. As we talked about late last week, a circuit court judge in Virginia had thrown out the referendum results based on a number of different complaints and the fact that Democrats in Virginia had broken the law and circumvented so much of the structure in place required to actually amend the state constitution. We went through that really thoroughly last week. Week. I'd recommend checking back on that if you missed it, but there are about five different ways that Virginia Democrats had broken the law. That is clearly written and we will see if the Virginia Supreme Court will give that good credence or if they'll find a way to let the Democrats have their way even though they've clearly broken the law here. Some, like Ken Cuccinelli, former Attorney General of Virginia, are predicting that the referendum will be thrown out. We will watch and see very closely what happens There. On the issue of the Democrats DHS shutdown, we've been talking now for several weeks. I believe that shutdown's hit about 70 days. What Republicans want to do about it? Last week the Senate passed a reconciliation bill again. Reconciliation is that budgetary tool that allows the party in power to pass simple spending measures by a 51 person majority vote. Now all eyes are on the House to see where they go next with this. Now Speaker Johnson has a challenge on his hands because even though President Trump has called for a narrow reconciliation bill focused on funding for ICE and Customs and Border Patrol, the thing that the Democrats have withheld funding for, a number of House Republicans want to expand that to include things like the Save America act and a number of other policies that might be popular but will slow down the process. And after the weekend, everyone's very desperate to see DHS funded and fully reopened as quickly as possible. We will see how much President Trump engages on this. Normally, for this kind of complex issue, President Trump and his team have to roll up their own sleeves. Whip votes, make the phone calls to telev everybody that they're going to get everything they want sooner or later. But for now, they need to simply row in the same direction with their leadership. We'll see where this goes because again, the desperation to get DHS funded and up and running again is very palpable. Later this week, King Charles is coming to Washington for a state visit from the United Kingdom. Now, this visit could not be coming at a more important time as the current leadership of the United Kingdom is in a precarious position with the United States, as many other countries involved with NATO have been less than healthy. And President Trump has expressed his frustration towards a number of NATO countries and our European allies. King Charles is somebody who's always had a very warm relationship with President Trump and Melania, and he will seek to try and mend some of those fences even as Keir Starmer, the prime Minister of England, deals with a number of fires in his own kitchen back home. It will be very interesting to see how this goes. There are reports that President Trump is rolling out the red carpet and wants to make this as positive a visit for King Charles as possible. We'll see what impact that has on the larger world stage. Those are just a few of the many issues we expect to cover this week. Another big one coming. It is a huge week for crypto. As we talked about last week, the Senate is holding back a major, major crypto bill focused on structure. As somebody who, as I've said, before isn't an expert on cryptocurrency at all. I can see what they're trying to do with this bill, which is find basic market structure and figure out who's actually overseeing it so that when there are concerns about crypto being tied to illicit finance, things like that, there's a clear understand understanding of who's going to deal with that. But as we've talked about before, the big opposition to this is coming from the banks. The same big banks that have fought every innovation in financial services for a hundred years don't like crypto, they don't like President Trump, and they don't like a lot of what Republicans are trying to do. And so we will see how this plays out. But all eyes in the financial services world are watching the Senate very closely. We'll also be following to see where a number of other policy fights are go on Capitol Hill this week. Supreme Court has a number of big arguments in front of it. We'll give you some analysis on those throughout the week. Please tune in at 10 minute drill Tuesday, Wednesday and Thursday of this week and we will look forward to giving you all the news we can in 10 minutes or less. Thank you so much and have a great rest of your Monday.
