Tag: Politics

‘Regime Change by Jazz Improvisation’

Smoke from an oil refinery rises over residential buildings in southern Tehran after Israeli airstrikes. (Abedin Taherkenareh/EPA)
“Regime change by jazz improvisation.” Karim Sadjadpour’s phrase is not just clever — it is damning. It perfectly exposes the reckless, contradictory, and fundamentally dishonest mess that Donald Trump’s White House has unleashed on Iran and, by extension, on the entire world.
This is not foreign policy. This is a saxophone solo played by a president who campaigned on “America First” but has instead delivered “Israel First” on steroids, orchestrated by the same neoconservative warmongers, AIPAC donors, and Zionist ideologues who have hijacked U.S. strategy for decades.
Let’s be brutally honest about what is happening. Trump began the war with a midnight Truth Social post urging Iranians to rise up and overthrow their government, apparently convinced the Islamic Republic would collapse in 48 hours. When it didn’t, he pivoted within days — floating deals with regime insiders, praising the 2019 Venezuela operation (two arrests, no real change) as “perfect,” and letting Defense Secretary Pete Hegseth and Elbridge Colby insist this was not a regime-change war, merely a limited strike to “degrade” Iranian forces.

Then came the latest improvisation: Trump personally reaching out to Kurdish leaders in Iran and Iraq, dangling U.S. support if they help topple Tehran and redraw borders. By Friday he was demanding “UNCONDITIONAL SURRENDER” and promising to “MAKE IRAN GREAT AGAIN (MIGA!)” — a slogan so transparently written for his Israeli-American billionaire patron Miriam Adelson that even his own supporters are laughing through gritted teeth.
This is not leadership. This is chaos in service of a foreign agenda.
The real danger, however, lies in the widening gap between Washington’s stated interests and Tel Aviv’s actual objectives. For Benjamin Netanyahu, this is the culmination of a 40-year Zionist dream: the total destruction of the Islamic Republic. As the Wall Street Journal reported, Israeli strikes have been surgical and merciless — decapitating leadership, bombing command centers, even hitting police facilities — methodically dismantling the regime’s repressive machinery. Netanyahu is also finishing off Hezbollah “root and branch.” Chaos in Iran and Lebanon? Acceptable collateral damage. A Syrian-style civil war next door would actually strengthen Israel’s position by eliminating any coherent Arab or Persian state capable of resisting Greater Israel ideology. History is clear: the Syrian civil war improved Israel’s security precisely because it removed a unified adversary. Netanyahu is betting the same outcome will work in Tehran.
For the United States, this is catastrophic. Iran is a nation of 90 million with deep ethnic fault lines — Kurds, Armenians, Azerbaijanis — who have coexisted peacefully under central authority. Remove that authority and, as the Balkans and post-2003 Iraq proved, people retreat to tribe and sect. Fueling the fire is Iran’s massive armed apparatus: nearly 200,000 Revolutionary Guards, hundreds of thousands of Basij militiamen, and 400,000 regular troops. Many will simply melt away and re-emerge as insurgents, exactly as Saddam’s army did. Libya, 14 years after Gaddafi, still has no single authority. Iraq remains a fractured mess. Destroying a state is child’s play for modern air power; rebuilding one — or even preventing total collapse — has never been America’s strong suit.
Yet Trump, captured by the same AIPAC-driven machine and neocon zombies (Lindsey Graham practically glowed on cable news), keeps lurching toward Netanyahu’s endgame. Iraqi Kurds are now caught in a deadly three-way squeeze, as Axios reported in devastating detail. Iranian Kurds are pressing them to open borders and join the fight. Tehran has issued its first direct threat: allow cross-border attacks or “Zionist regime elements” through your territory and every facility in the Kurdistan Region of Iraq will be hit “on a massive scale” — 200 Shahed drones would be enough, given the Kurds’ lack of air defenses. Israeli operatives are far more aggressive in pushing Iranian Kurdish militias than the Americans, who seem content with “Regime Lite — Venezuela Plus.” Kurdish officials are staying neutral, remembering every previous American betrayal. One told Axios: “We have trust issues from the past and we don’t want to get involved. Who is going to defend us if the Iranian regime ends up surviving this?”
Meanwhile, America’s actual allies are in open disbelief as the Pentagon reroutes weapons shipments to feed this Zionist adventure. European officials, still rebuilding after Ukraine, fear they will be left naked against Russia. Asian partners watch China and North Korea taking notes on U.S. ammunition burn rates. Even Gulf states wonder where their promised air defenses went.
As one northern European official put it anonymously: “The munitions that have been and will be fired are the ones that everybody needs to acquire in large numbers.” Production cannot be magicked overnight. A Patriot missile is not a Tesla. The EU is already rewriting rules to favor European arms makers. Poland is buying South Korean tanks. The old “America as giant Walmart” illusion is dead, and the transatlantic defense relationship is fracturing — all so Israel can pursue its maximalist fantasy.
And the propaganda? Vintage neocon script. First it was “not even a war.” Then “a short war, nothing like Iraq.” Then “not regime change.” Now Trump himself tells TIME magazine he is open to ground troops, has “no time limits,” and wants a “Western-friendly government” — the exact phrase used when the CIA overthrew Iran’s elected leader in 1953 and installed the Shah.
He even bragged to CNN that he doesn’t care about Iranian democracy — just leaders who “treat the United States and Israel well.” This is the same model that produced the 1979 revolution and decades of blowback. Trump’s own words confirm it: unconditional surrender or endless war, with him personally vetting Iran’s next leaders. The “MIGA” acronym practically writes itself.
Americans are already paying the price — higher gas prices, diverted defense budgets, and the looming threat of more domestic retaliation. A horrific shooting in Austin, Texas, last week was explicitly linked by investigators to rage over U.S. strikes on Iran. Yet the same crowd that cheered Iraq (Condoleezza Rice resurrected on Fox News) now insists this time will be different.
It won’t.
Washington still has a narrow window to salvage something: a disarmed, defanged Iran that no longer threatens the region. Qatar stands ready, as always, to mediate. But that requires telling Netanyahu and his AIPAC enablers “enough.” It requires rejecting Greater Israel ideology and the neocon fantasy that America can endlessly remake the Middle East in Israel’s image.
Time is running out. Ethnic tensions are rising. The Revolutionary Guard is preparing for prolonged resistance. Drones are already hitting Gulf infrastructure. The spillover — refugees, oil shocks, new terror networks — will not stop at the Mediterranean or the Persian Gulf.
March 8, 2026
Judge Voids VOA Layoffs, Rules Kari Lake Unlawfully Ran US Media Agency
A federal judge on Saturday voided layoffs at Voice of America (VOA) while also ruling that the U.S. Agency for Global Media’s (USAGM) acting CEO, Kari Lake, unlawfully ran the independent federal agency.
U.S. District Court of Washington, D.C., Judge Royce Lamberth wrote that Lake oversaw the media agency in violation of the Constitution’s appointments clause and the Federal Vacancies Reform Act.
Lamberth’s ruling comes after VOA’s White House bureau chief Patsy Widakuswara filed the lawsuit last year.
President Trump nominated Lake to be senior adviser to acting CEO Victor Morales in February 2025. Morales designated Lake “to perform the functions and responsibilities specified” to 19 out of the 22 duties that the CEO assigns,” Lamberth wrote. By July, she was made acting CEO and “exercised control over the agency during the period relevant to the motions.”
Lamberth, a Reagan appointee, ruled that Lake’s actions after becoming acting CEO, including eliminating USAGM staff in August, are void. Morales’s actions for Lake to perform were also invalidated.
“The Court finds that these expansive delegations were an unlawful effort to transform Lake into the CEO of U.S. Agency for Global Media in all but name,” Lamberth wrote.
He noted that if Lake’s designation was “proper,” it “would require the Court to find that the President can fill a first assistantship at any time during a vacancy in a Senate-confirmed office … .”
Widakuswara and fellow plaintiffs Kate Neeper and Jessica Jerreat said they feel “vindicated and [are] deeply grateful.”
“The judge’s ruling that Kari Lake’s actions shall have no force or effect is a powerful step toward undoing the damage she has inflicted on this American institution that we love,” they said in a statement to Politico. “Even as we work through what this ruling means for colleagues harmed by her actions, it brings renewed hope and momentum to the next phase of our fight: restoring VOA’s global operations and ensuring we continue to produce journalism, not propaganda.”
Lake said she disagreed “strongly” with Lamberth’s ruling and will appeal it.
“The American people gave President Trump a mandate to cut bloated bureaucracy, eliminate waste, and restore accountability to government,” Lake said in a statement obtained by The Washington Post. “An activist judge is trying to stand in the way of those efforts at USAGM.”
Trump signed an executive order in March 2025 to gut the agency. Lake last summer defended the layoffs before a federal judge blocked them in December.
“Sometimes a lean, mean, team makes it easier to get things done,” she said of scaling down the staff by more than 500 employees.
The Saturday ruling comes one day after Ahmad Batebi, a prominent Iranian dissident, human rights activist and VOA journalist, was fired over efforts to limit coverage of Iran’s exiled Crown Prince Reza Pahlavi.
March 7, 2026
Trump’s Iran Intervention Sends US Gas Prices Climbing Toward Record Highs
American businesses and families are staring down the barrel of another self-inflicted energy crisis, this one entirely of President Donald Trump’s making. Just weeks into his second term, the former real-estate developer turned wartime president has plunged the United States into a costly military showdown with Iran — and the bill is already landing squarely at the gas pump, on airline tickets, and in the supply chains that keep corporate America humming.
The average price of a gallon of regular gasoline across the United States jumped 34 cents in the past week alone to $3.32 on Friday, according to AAA data. Diesel prices have climbed even faster. Industry analysts warn the upward spiral has only just begun. When oil first spiked after Trump ordered strikes on Iran last week, many on Wall Street assumed cooler heads — or at least economic reality — would prevail and force a swift diplomatic off-ramp. That assumption now looks painfully naïve.

Oil prices are climbing
Price per barrel of Brent Crude
Source: S&P Market Intelligence and Oilprice.com DAVID DANYEL / THE NEW YORK BUDGETS

Instead, U.S. and Israeli strikes continue, Iranian drones are hitting energy infrastructure in Saudi Arabia and Qatar, and hundreds of oil tankers sit idle in the Persian Gulf, too terrified to run the gauntlet of the Strait of Hormuz. The result? A textbook supply shock that is hammering businesses large and small.
Qatar’s energy minister, Saad Sherida al-Kaabi, delivered the latest gut punch in an interview with the Financial Times on Friday. He warned that without an immediate de-escalation, Persian Gulf producers will be forced to halt output “within days,” sending global oil prices toward $150 a barrel — more than double pre-war levels. That would push U.S. pump prices back to the $5-a-gallon peaks last seen after Russia’s invasion of Ukraine in 2022.
“If the Trump administration does not do something to restore confidence in ships traveling through the Strait of Hormuz, these prices are going to keep heading up,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “I don’t wake up too many mornings and get the chills when I look at the morning oil price numbers. It’s starting to feel like 2022 all over again.”
The pain is already rippling far beyond the neighborhood Exxon station. United Airlines CEO Scott Kirby told investors at an industry conference Friday that jet-fuel costs are climbing so fast that airfares will have to follow — and quickly. Shipping rates are rising in tandem. Travis Maderia, co-founder of New York-based LobsterBoys, which exports live Maine lobsters to restaurants worldwide, put it bluntly: “Transportation is a big part of our business. When airline prices go up, the cost of sending lobsters overseas can be dramatically impacted.”

Oil derivatives are embedded in everything from plastic packaging and semiconductor chemicals to industrial gases. BloombergNEF natural resources research chief David Doherty notes that Iran’s cheap drone attacks have made defending scattered energy infrastructure far harder than in past Middle East conflicts. “It is harder to protect oil infrastructure,” he said. “Defending the same breadth of space has become much more difficult than it was in the past.”
Even Trump’s attempts to calm markets have fallen flat. On Truth Social he doubled down: “There will be no deal with Iran except UNCONDITIONAL SURRENDER!” Treasury Secretary Scott Bessent announced a 30-day waiver allowing India to keep buying Russian oil and floated “unsanctioning” more Russian barrels on Fox News. The president also offered political risk insurance to tanker companies and hinted at U.S. Navy escorts through the Strait.
Market research firm Macquarie told clients the same day that those promises look hollow: escort vessels are “often unavailable due to other military priorities such as missile intercepts or striking Iran.” The firm warned of “an extremely large oil price move” within weeks if the Hormuz chokepoint stays blocked.
Restarting shuttered Gulf production won’t be simple either. Vidya Mani, visiting supply-chain scholar at Cornell University’s SC Johnson College of Business, explained: “It is not as simple as flipping a switch back on. You have to get drilling operations going again. You have to get workers back in.
When there is a conflict like this, workers leave and the number that come back in may not be as many as you need.” She and other analysts now see $150 oil as a realistic near-term scenario — levels last touched in July 2008.
Alex Jacquez, policy chief at the progressive-leaning but economically focused Groundwork Collaborative (and a former Biden White House energy adviser), captured the growing frustration on Wall Street: “The markets are starting to realize there may be no off-ramp here. There was this thinking that if oil prices start to soar that Trump would back down in Iran. But that is not the way things are aligning. The president has shown no appetite for changing course.”
For an administration that campaigned on “lower prices” and “pro-business” policies, the optics are disastrous. A Washington Post-ABC News-Ipsos poll last month found most Americans already view health care, cars, and housing as unaffordable.
Republicans made lowering the cost of living the centerpiece of their midterm strategy. Now Trump’s foreign policy gamble is delivering the opposite — and doing so at the worst possible moment for corporate balance sheets and consumer wallets.
The irony is thick. In 2022, when Russia invaded Ukraine, energy markets were disrupted by an external aggressor. This time, as Jacquez noted, “we didn’t choose to do this ourselves” — yet the economic damage looks disturbingly familiar.
March 7, 2026
US-Israeli Attacks on Iran Kill Over 1,300 Civilians, Including Women and Children, Tehran Tells UN
United Nations in New York, Iran’s ambassador has laid bare the horrifying human cost of the ongoing US-Israeli war of aggression against the Islamic Republic — a conflict driven by the same neoconservative warmongers and Zionist hardliners who have long dictated Washington’s disastrous foreign policy.
At least 1,332 Iranian civilians, including women and children, have been slaughtered in relentless US-Israeli airstrikes, with thousands more wounded, Iran’s UN envoy Amir Saeid Iravani told reporters Friday. The figures, verified by the Iranian Red Crescent Society, expose the true face of this illegal offensive: not “precision strikes” on military targets, as the aggressors cynically claim, but a deliberate campaign of terror against innocent civilians.
“Over 180 children across the country have been killed and more than 20 schools have been damaged,” Iravani stated, his voice steady but laced with outrage. Thirteen healthcare facilities have been hit, while civilian sports and recreational centers in Tehran and elsewhere were deliberately bombed on Thursday — killing more than 18 female athletes and injuring around 100 others. “Their intention is clear: to terrorize civilians, massacre innocent people, and cause maximum destruction and suffering.”

These are not collateral damage. These are war crimes and crimes against humanity, the ambassador declared, accusing the US and Israel of recognizing “no red line in committing their crimes.” Densely populated residential areas, critical infrastructure, and everyday civilian life have been targeted with impunity. Claims by Washington and Tel Aviv that they are hitting only military sites? Baseless propaganda, Iravani said flatly.
Fresh strikes pounded Tehran again overnight, sending the civilian death toll climbing to 1,332 even as Iran’s leadership vows never to surrender its sovereignty. This is the grim reality of Donald Trump’s return to power — a Republican administration once again dragging the world into endless Middle East bloodshed at the behest of its neoconservative advisers and the powerful pro-Israel lobby.
Trump, fresh off demanding Iran’s “unconditional surrender,” has gone even further, insisting that any new Supreme Leader must be “acceptable” to him personally. Ayatollah Ali Khamenei was assassinated on the very first day of this US-Israeli blitz. Trump told Reuters he must have a direct say in Iran’s internal succession — a breathtaking violation of the UN Charter’s principle of non-interference in sovereign states’ affairs.

Iran’s Ambassador to the United Nations, Amir-Saeid Iravani attends a United Nations Security Council meeting, after the U.S. and Israel launched strikes on Iran, at U.N. headquarters in New York City, U.S. February 28, 2026. REUTERS/Heather Khalifa
Iravani called it exactly what it is: “a clear violation of the principles of non-interference in the internal affairs of states enshrined in the Charter of the United Nations.” He added: “The selection of Iran’s leadership will take place strictly in accordance with our constitutional procedures and solely by the will of the Iranian people without any foreign interference.” Hours later, Iran’s president signaled the first hints of mediation from unnamed countries — a desperate diplomatic off-ramp after Trump’s reckless escalation.
Even US officials are quietly admitting the blood on their hands. Two American sources told Reuters that investigators believe US forces were likely responsible for a devastating strike on an Iranian girls’ school that killed scores of children last Saturday — though a final conclusion is still pending. This comes as the US Central Command boasts of striking over 3,000 targets in Iran and destroying 43 Iranian warships since the offensive began on February 28.
Yet the hypocrisy is staggering. While Iran insists its retaliatory strikes target only military objectives — and is even investigating stray hits on neighboring states that may have been caused by US interception systems — Washington and its Zionist allies paint themselves as the victims.
The same neocons who cheered the Iraq disaster, the Libya catastrophe, and endless Israeli occupations are now engineering regime change in Tehran, with full backing from AIPAC and its network of influential donors who have spent decades shaping US policy to prioritize Israeli interests above American ones.
Iran’s deputy foreign minister has already warned Europe: join this criminal enterprise and you become “legitimate targets.” The Strait of Hormuz remains open for now, but Tehran has made clear it will strike any US or Israeli vessels attempting passage.
Russian President Vladimir Putin has offered condolences to his Iranian counterpart Masoud Pezeshkian and, according to US sources, is providing intelligence on American military positions — while the Kremlin reports a surge in demand for Russian energy as the war disrupts global oil flows.
The fallout is spreading. Qatar intercepted nine of ten Iranian drones targeting it Friday. Saudi Arabia and Kuwait reported similar interceptions and debris. Kuwait has begun cutting oil production due to storage shortages. Missiles and drones have hit facilities in Bahrain, Iraq, Oman, and the UAE, killing civilians across the Gulf. Even Lebanon has seen over 120 dead in related Israeli strikes.
This is not defense. This is naked imperialism — Zionist expansionism backed by Republican hawks and the same AIPAC-driven machinery that has funneled billions in unconditional US aid to Israel while American infrastructure crumbles at home. Trump’s neoconservative cabal never learned the lessons of Afghanistan or Iraq; they simply recycled the script with bigger bombs and bolder lies.
Iran, for its part, has made its position crystal clear. “Iran does not seek war,” Iravani stressed, “but Iran will never surrender its sovereignty and will take all necessary measures to defend our people, our territory, and our independence.” Its response, he said, is “lawful, necessary, and proportionate” under Article 51 of the UN Charter — targeting only the military machinery of the aggressors.
Iravani called on all UN member states to condemn this aggression and the war crimes it entails. “The Security Council must act now, firmly, clearly, and without delay,” he urged — before the body count climbs higher and the region descends into full-scale catastrophe.
As fresh explosions echo through Tehran’s streets and the civilian toll surpasses 1,300, one thing is undeniable: this US-Israeli offensive is not about security. It is about dominance, regime change, and the same failed ideology that has cost millions of lives across the Middle East.
March 7, 2026
Intel Says Regime Change in Iran Is ‘Unlikely’
A classified assessment produced by the National Intelligence Council has concluded that even a large-scale U.S. military assault on Iran would be unlikely to topple the Islamic Republic’s deeply entrenched clerical and military establishment, according to three people familiar with the document’s contents.
The sobering intelligence analysis, completed roughly one week before the United States and Israel launched their joint military operation on Feb. 28, directly undercuts the Trump administration’s increasingly vocal ambitions to “clean out” Iran’s leadership and install a new ruler acceptable to Washington.
The report examined succession scenarios under both a narrowly targeted campaign against senior Iranian figures and a broader offensive against leadership compounds and government institutions. In both cases, U.S. spy agencies determined that Iran’s clerical and military apparatus would swiftly follow long-established protocols to ensure continuity of power — even after the killing of Supreme Leader Ayatollah Ali Khamenei on the war’s opening day.

The prospect of Iran’s fragmented opposition groups seizing control of the country was judged “unlikely,” the people said, speaking on the condition of anonymity to discuss the highly sensitive findings. The National Intelligence Council, whose analysts represent the collective judgment of all 18 U.S. intelligence agencies, produced the document as a forward-looking assessment of potential outcomes.
The CIA referred questions about the report to the Office of the Director of National Intelligence, which declined to comment. The White House would not confirm whether President Donald Trump was briefed on the assessment before green-lighting the operation, which has rapidly expanded to include submarine warfare in the Indian Ocean and counter-missile operations near NATO member Turkey.
White House spokeswoman Anna Kelly pushed back sharply, saying in a statement: “President Trump and the administration have clearly outlined their goals with regard to Operation Epic Fury: destroy Iran’s ballistic missiles and production capacity, demolish their navy, end their ability to arm proxies, and prevent them from ever obtaining a nuclear weapon. The Iranian regime is being absolutely crushed.”
Doubts about the Iranian opposition’s ability to take power have surfaced in recent reporting by The New York Times and The Wall Street Journal, but the NIC’s specific analysis of both limited and expansive military scenarios — and its conclusion that the regime’s institutions would endure — has not been previously disclosed.

People demonstrating in support of the government in Tehran on Saturday. (The New York Times)
Suzanne Maloney, a veteran Iran scholar and vice president at the Brookings Institution, said the assessment reflects deep institutional knowledge of how power works inside the Islamic Republic. “It sounds like a deeply informed assessment of the Iranian system and the institutions and processes that have been established for many years,” Maloney told The Washington Post.
The report does not appear to have modeled more extreme scenarios, such as the insertion of U.S. ground troops or the arming of Iranian Kurdish groups to spark a wider rebellion. It also remains unclear whether the “large-scale” campaign analyzed in the document precisely matches the scope of current U.S.-Israeli operations.
Inside Iran, the succession process anticipated by the NIC is already unfolding under intense pressure from the ongoing bombing campaign. The replacement of the supreme leader is formally the responsibility of the Assembly of Experts, a powerful clerical body, though senior commanders of the Islamic Revolutionary Guard Corps (IRGC) and other security figures wield significant influence.
Intense speculation has centered on whether the assembly will choose Khamenei’s son, Mojtaba Khamenei. The IRGC has been actively promoting his candidacy, but it has encountered resistance from other power centers, including Ali Larijani, secretary of the Supreme National Security Council, according to a Western security official.
As the conflict enters its second week, Trump has continued to escalate his rhetoric. In a Truth Social post he demanded Iran’s “UNCONDITIONAL SURRENDER” and has repeatedly suggested he should play a direct role in selecting Tehran’s next leader. Speaking to journalists, Trump dismissed Mojtaba Khamenei as “incompetent” and a “lightweight,” adding that Washington wants leaders who will not simply rebuild Iran’s nuclear and missile programs. “We want them to have a good leader,” he told NBC News. “We have some people who I think would do a good job.”
Iran’s Parliament speaker, Mohammad Bagher Ghalibaf, rejected any foreign role in the process. In a post on X, he declared: “The fate of dear Iran, which is more precious than life, will be determined solely by the proud Iranian nation, not by [Jeffrey] Epstein’s gang” — a pointed reference to the late sex offender who was once a social acquaintance of Trump.
Current and former U.S. officials say there are few visible signs of a mass popular uprising or significant cracks within Iran’s government or security forces. Iranian security services killed thousands of demonstrators during nationwide protests in January driven by economic collapse. Trump has publicly advised the Iranian people to “shelter in place” until the U.S.-Israeli campaign concludes.

People attend Friday prayer in Tehran. (Majid Asgaripour/WANA/via REUTERS)
Experts say the NIC’s conclusions severely limit Trump’s leverage to dictate political outcomes. “Bending the knee to Trump would go against everything they stand for,” said Holly Dagres, a senior fellow at the Washington Institute for Near East Policy. “The upper echelons of the clerical establishment are ideological, and so their modus operandi is to resist American imperialism.”
Maloney of Brookings echoed that view: “There’s no other force within Iran that can confront the remaining power that the regime has. Even if they’re not able to project that power very effectively against their neighbors, they can certainly dominate inside the country.”
The intelligence community’s assessment arrives at a moment when the Trump administration has raised the possibility of a prolonged campaign. Senior officials have privately described the operation as one that has “only just begun,” even as public messaging continues to emphasize rapid, decisive gains. The classified report’s warning — that neither short nor extended military action is likely to produce the kind of clean regime change the president has repeatedly telegraphed — adds a layer of internal skepticism to an already volatile conflict.
March 7, 2026
Man Convicted in Assassination Plot Targeting President Trump
NEW YORK — The allegation sounded like the stuff of spy movies: A Pakistani businessman trying to hire hit men, even handing them $5,000 in cash, to kill a U.S. politician on behalf of Iran ‘s powerful paramilitary Revolutionary Guard.
It was true, and potential targets of the 2024 scheme included now-President Donald Trump, then-President Joe Biden and former presidential candidate and ex-U.N. Ambassador Nikki Haley, the man told jurors at his attempted terrorism trial in New York on Wednesday. But he insisted his actions were driven by fear for loved ones in Iran, and he figured he’d be apprehended before anything came of the scheme.
“My family was under threat, and I had to do this,” the defendant, Asif Merchant, testified through an Urdu interpreter. “I was not wanting to do this so willingly.”
Merchant said he had anticipated getting arrested before anyone was killed, intended to cooperate with the U.S. government and had hoped that would help him get a green card.

This image provided by the Justice Department, contained in the complaint supporting the arrest warrant, shows Asif Merchant. (Justice Department via AP, File)
U.S. authorities were, indeed, on to him – the supposed hit men he paid were actually undercover FBI agents – and he was arrested on July 12, 2024, a day before an unrelated attempt on Trump’s life in Butler, Pennsylvania. Merchant did sit for voluntary FBI interviews, but he ultimately ended up with a trial, not a cooperation deal.
“You traveled to the United States for the purpose of hiring Mafia members to kill a politician, correct?” Assistant U.S. Attorney Nina Gupta asked during her turn questioning Merchant Wednesday in a Brooklyn federal court.
“That’s right,” Merchant replied, his demeanor as matter-of-fact as his testimony was unusual.
The trial is unfolding amid the less than week-old Iran war, which killed Iranian Supreme Leader Ayatollah Ali Khamenei in a strike that Trump summed up as “I got him before he got me.” Jurors are instructed to ignore news pertaining to the case.
The Iranian government has denied plotting to kill Trump or other U.S. officials.
Merchant, 47, had a roughly 20-year banking career in Pakistan before getting involved in an array of businesses: clothing, car sales, banana exports, insulation imports. He openly has two families, one in Pakistan and the other in Iran – where, he said, he was introduced around the end of 2022 to a Revolutionary Guard intelligence operative. They initially spoke about getting involved in a hawala, an informal money transfer system, Merchant said.

Merchant testified that his periodic visits to the U.S. for his garment business piqued the interest of his Revolutionary Guard contact, who trained him on countersurveillance techniques.
The U.S. deems the Revolutionary Guard a “foreign terrorist organization.” Formally called the Islamic Revolutionary Guard Corps, the force has been prominent in Iran under Khamenei.
Merchant said the handler told him to seek U.S. residents interested in working for Iran. Then came another assignment: Look for a criminal to arrange protests, steal things, do some money laundering, “and maybe have somebody murdered,” Merchant recalled.
“He did not tell me exactly who it is, but he told me – he named three people: Donald Trump, Joe Biden and Nikki Haley,” he added.
After U.S. immigration agents pulled Merchant aside at the Houston airport in April 2024, searched his possessions and asked about his travels to Iran, he concluded that he was under surveillance. But still he researched Trump rally locations, sketched out a plot for a shooting at a political rally, lined up the supposed hit men and scrambled together $5,000 from a cousin to pay them a “token of appreciation.”
He even reported back to his Revolutionary Guard contact, sending observations – fake, Merchant said – tucked into a book that he shipped to Iran through a series of intermediaries.
Merchant said he “had no other option” than to play along because the handler had indicated that he knew who Merchant’s Iranian relatives were and where they lived.
In a court filing this week, prosecutors noted that Merchant didn’t seek out law enforcement to help with his purported predicament before he was arrested. He testified that he couldn’t turn to authorities because his handler had people watching him.
Prosecutors also said that in his FBI interviews, Merchant “neglected to mention any facts that could have supported” an argument that he acted under duress.
Merchant told jurors Wednesday that he didn’t think agents would believe his story, because their questions suggested “they think that I’m some type of super-spy.”
“And are you a super-spy?” defense lawyer Avraham Moskowitz asked.
“No,” Merchant said. “Absolutely not.”
March 6, 2026
United States and Israel Target Iranian Leadership in Coordinated Military Action
The United States and Israel carried out military strikes on Iran on Saturday, targeting its top leaders and plunging the Middle East into a conflict that President Donald Trump said would end a security threat to the U.S. and give Iranians a chance to topple their rulers.
Tehran called the attacks unprovoked and illegal, and responded by launching missiles at Israel and at several Gulf Arab allies of the United States that host American bases.
It promised a stronger response to come, with a senior Iranian Revolutionary Guards commander, Ebrahim Jabbari, saying it had so far used only “scrap missiles” and would soon unveil unforeseen weapons, state television reported.
Iran’s Defence Minister Amir Nasirzadeh and Revolutionary Guards commander Mohammed Pakpour were killed in Israeli attacks, three sources familiar with the matter said.
Explosions rang out in nearby oil-producing Gulf Arab countries, which said they had intercepted missiles after Tehran warned it would strike the region if it was attacked.
The first wave of strikes in what the Pentagon named “OPERATION EPIC FURY” mainly targeted Iranian officials, a source familiar with the matter said, two days after indirect talks mediated by Oman failed to produce a breakthrough on Iran’s nuclear programme.
An Israeli official said Iranian Supreme Leader Ayatollah Ali Khamenei and President Masoud Pezeshkian were both targeted but the result of the strikes was not clear. A source with knowledge of the matter had earlier told Reuters that Khamenei was not in Tehran and had been transferred to a secure location.
An Iranian source close to the establishment said several senior commanders in Iran’s Revolutionary Guards and political officials had been killed. Forty people were killed in an Israeli airstrike on a school, state media said. Reuters could not independently confirm the reports.
Trump Says ‘Bombs will be dropping everywhere’
In a video message published on social media, Trump cited Washington’s decades-old dispute with Iran, including the seizure of the 1979 U.S. embassy in Tehran, when students held 52 Americans hostage for 444 days, as well as a range of other attacks the U.S. has blamed on Iran since the 1979 Islamic revolution brought the clerics to power.
Trump, who had deployed vast U.S. military firepower in the region saying he hoped to force Iranian concessions in nuclear talks, said the “massive” operation was intended to ensure Tehran does not obtain a nuclear weapon and was aimed at “eliminating imminent threats from the Iranian regime”.
He urged Iranians to stay sheltered because “bombs will be dropping everywhere”. But he added: “When we are finished, take over your government. It will be yours to take. This will be probably your only chance for generations.”
Israeli Prime Minister Benjamin Netanyahu said the joint U.S.-Israeli attack “will create the conditions for the brave Iranian people to take their destiny into their own hands” and “remove the yoke of tyranny”. Defence Minister Israel Katz called it a pre-emptive strike to remove threats to Israel.
Iran’s clerical leaders were already in a difficult position after mass anti-government demonstrations in January, which led to a crackdown in which thousands of people were killed, the worst domestic unrest since the era of the 1979 revolution.
Protesters had again taken to the streets in recent days in remembrance of those killed the previous month.
Israeli military operations have killed some of Iran’s senior military officials and severely weakened several of Tehran’s once-feared proxy forces across the Middle East.
After Israel pounded Iran in a 12-day air war last June joined by the United States, the U.S. and Israel had warned that they would strike again if Iran pressed ahead with its nuclear and ballistic missile programmes. The threats were backed up in recent weeks by a U.S. military buildup in the region.
An Israeli defence official said the operation had been planned for months in coordination with Washington, and that the launch date was decided weeks ago.
Israel’s military said its Air Force had identified Iranian operatives in western Iran loading a missile unit and preparing to launch an attack. The Air Force struck the operatives and the launcher, preventing the attack, it said.
U.S. air defences intercepted and shot down a drone over a U.S. military base near Erbil in Iraq.
The renewed confrontation dimmed hopes of a diplomatic solution to Tehran’s nuclear dispute with the West. Oil markets have been closely watching the standoff between Washington and Tehran to try and determine if supplies will be impacted.
“If we don’t see signs of de-escalation over the weekend, risk premiums could still drive Brent up” by $10–$20 per barrel when markets reopen on Monday, said Jorge Leon, head of geopolitical analysis at Rystad Energy.
Iran, the third largest producer in the Organization of the Petroleum Exporting Countries, pumps about 4.5% of global oil supplies, and a far larger share is shipped past its coast through the strait leading out of the Gulf.
Iran’s Revolutionary Guards said all U.S. bases and interests in the region were within Iran’s reach and that Iran’s retaliation would continue until “the enemy is decisively defeated”. Iraq’s Iran-aligned armed group Kataib Hezbollah said it would soon attack U.S. bases in the region.
Saudi Arabia’s Crown Prince Mohammed bin Salman called United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan to discuss the on countries in the region and expressed solidarity, the UAE state news agency said.
Loud booms sounded in Abu Dhabi, capital of the United Arab Emirates, an oil producer and close U.S. ally, and several blasts were heard in the business capital Dubai.
Bahrain said the service centre of the U.S. Fifth Fleet – base for American naval forces in the region – had been subjected to a missile attack. Video footage showed a thick grey plume of smoke rising from near the island state’s coastline as sirens wailed.
Qatar said it had downed all missiles targeting the country and that it had a right to respond. Kuwait confirmed a missile attack on a U.S. military base there.
An explosion was heard in Iran’s southeastern port city of Chabahar, Iranian state media reported.
Israel’s military did not immediately respond to a request for comment on the report of a strike at a primary school for girls in southern Iran, where Iranian state media reported 40 deaths.
In Israel, police said all holy sites were closed to visitors under national emergency guidelines after authorities announced several barrages of missiles were launched from Iran.
Global airlines cancelled flights across the Middle East and the attacks raised the prospect of oil prices rising. Some oil majors and trading houses suspended crude oil and fuel shipments via the Strait of Hormuz, four trading sources said.
February 28, 2026
Israeli Official Says U.S. Was Informed and Aligned on Iran Operation
Feb 28 (Reuters) – The Israeli operation against Iran on Saturday was coordinated with the U.S., an Israeli defence official told Reuters.
The operation was planned for months and the launch date was decided weeks ago, the official added.
February 28, 2026
White House Cuts Ties With Anthropic After Pentagon Flags Security Risk
President Donald Trump said Friday that he was ordering every U.S. government agency to “immediately cease” using technology from the artificial intelligence company Anthropic.
Trump in a Truth Social post said there would be a six-month phase-out for agencies such as the Defense Department, which “are using Anthropic’s products, at various levels.”
Defense Secretary Peter Hegseth, soon after Trump’s order, said on X that he was ordering the Pentagon to “designate Anthropic a Supply-Chain Risk to National Security” after the A I startup refused to comply with demands about the use of its technology.
Anthropic, which signed a $200 million contract with the Pentagon in July, wanted assurances that its AI models would not be used for fully autonomous weapons or mass domestic surveillance of Americans.
The Pentagon, which strongly resisted that request, set a deadline of 5:01 p.m. ET Friday for Anthropic to agree to its demands that the U.S. military be allowed to use the technology for all lawful purposes.
That deadline passed without an agreement.
“Anthropic’s stance is fundamentally incompatible with American principles,” Hegseth said in a statement on X.
Thank you for your attention to this matter.

cc: @AnthropicAI @DarioAmodei pic.twitter.com/FLCByLHF73
— Pete Hegseth (@PeteHegseth) February 27, 2026

“Their relationship with the United States Armed Forces and the Federal Government has therefore been permanently altered.”
“Anthropic will continue to provide the Department of War its services for a period of no more than six months to allow for a seamless transition to a better and more patriotic service,” the Defense secretary said.
“America’s warfighters will never be held hostage by the ideological whims of Big Tech. This decision is final.”
Trump, in his Truth Social post, wrote, “The Leftwing nut jobs at Anthropic have made a DISASTROUS MISTAKE trying to STRONG-ARM the Department of War, and force them to obey their Terms of Service instead of our Constitution.”
“Their selfishness is putting AMERICAN LIVES at risk, our Troops in danger, and our National Security in JEOPARDY.”
“Therefore, I am directing EVERY Federal Agency in the United States Government to IMMEDIATELY CEASE all use of Anthropic’s technology,” Trump wrote.
“We don’t need it, we don’t want it, and will not do business with them again!”
Sen. Mark Warner, the Virginia Democrat who is vice chair of the Senate Select Committee on Intelligence, condemned Trump’s action.
“The president’s directive to halt the use of a leading American AI company across the federal government, combined with inflammatory rhetoric attacking that company, raises serious concerns about whether national security decisions are being driven by careful analysis or political considerations,” Warner said in a statement.
“President Trump and Secretary Hegseth’s efforts to intimidate and disparage a leading American company — potentially as the pretext to steer contracts to a preferred vendor whose model a number of federal agencies have already identified as a reliability, safety, and security threat — pose an enormous risk to U.S. defense readiness and the willingness of the U.S. private sector and academia to work with the IC [Intelligence Community] and DoD, consistent with their own values and legal ethics,” Warner said.
Elon Musk, the mega-billionaire who had been Trump’s biggest financial backer in the 2024 election, owns xAI, which aims to compete directly with Anthropic and another major AI company, OpenAI.
Musk in recent weeks has repeatedly bashed Anthropic on his social network X, writing on Friday that the company “hates Western civilization.”
Anthropic CEO Dario Amodei said Thursday that his company “cannot in good conscience” allow the Pentagon to use its models without limitation.
In a statement on Thursday, Amodei said, “It is the [Defense] Department’s prerogative to select contractors most aligned with their vision. But given the substantial value that Anthropic’s technology provides to our armed forces, we hope they reconsider.”
“Our strong preference is to continue to serve the Department and our warfighters — with our two requested safeguards in place,” Amodei said.
“Should the Department choose to offboard Anthropic, we will work to enable a smooth transition to another provider, avoiding any disruption to ongoing military planning, operations, or other critical missions. Our models will be available on the expansive terms we have proposed for as long as required.”
On Friday, another major AI company, OpenAI, said it has the same “red lines” as Anthropic regarding the use of its technology by the Pentagon and other customers.
“We have long believed that AI should not be used for mass surveillance or autonomous lethal weapons, and that humans should remain in the loop for high-stakes automated decisions,” Open AI CEO Sam Altman wrote in a memo seen by CNBC.
OpenAI last year signed its own $200 million contract with the Pentagon.
OpenAI’s contract is for AI models in non-classified use cases, which include everyday office tasks.
Anthropic’s contract with the Defense Department included classified work.
The Defense Department had no comment on Friday other than pointing to Trump’s announcement.
Hegseth, in a post on X, included a screengrab of Trump’s post, and cc:ed Anthropic and Amodei with the message, “Thank you for your attention to this matter.”
February 27, 2026
Bill Clinton Denies Knowledge of Epstein Crimes in House Deposition: ‘I Did Nothing Wrong’
Former President Bill Clinton, long dogged by scandals involving his personal conduct and questionable associations, faced a grueling six-hour deposition before the House Oversight Committee on Friday, where he repeatedly denied any awareness of Jeffrey Epstein’s heinous sex trafficking operations.
In a performance that Republicans praised as cooperative but critics dismissed as evasive, Clinton insisted he “saw nothing that gave me pause” during his multiple interactions with the disgraced financier, whose crimes against underage girls have shocked the nation and exposed a web of elite enablers.
“I did nothing wrong,” Clinton declared, a refrain that echoes his past defenses amid allegations of misconduct, but one that rings hollow to many given the mounting evidence of his proximity to Epstein’s predatory world.
The closed-door session, held in Chappaqua, New York, near the Clintons’ residence to avoid a public spectacle in Washington, marked a historic low for a former commander-in-chief: the first time a ex-president has been compelled to testify under subpoena before Congress.
This came after months of negotiations and threats of contempt charges, underscoring the gravity of the committee’s probe into Epstein’s network—a sordid empire built on exploitation, manipulation, and connections to powerful figures, including those in influential financial circles that Epstein navigated with ease. Republicans, led by Chairman James Comer (R-Ky.), hailed Clinton’s appearance as a step toward transparency, while Democrats accused the GOP of partisan gamesmanship aimed at shielding President Donald Trump from similar scrutiny.
Clinton’s testimony followed that of his wife, Hillary Clinton, who appeared the day before and claimed she never met Epstein—a stark contrast to her husband’s documented ties. In his opening statement, released publicly, Clinton portrayed his relationship with Epstein as a “brief acquaintance” that ended well before the financier’s 2008 conviction for soliciting prostitution from a minor.
“I had no idea of the crimes Epstein was committing,” he said. “I know what I saw, and more importantly, what I didn’t see. I know what I did, and more importantly, what I didn’t do.” Yet, skeptics point to flight logs showing Clinton aboard Epstein’s infamous “Lolita Express” private jet at least 26 times between 2001 and 2003, often without Secret Service detail, raising questions about what exactly transpired on those trips to destinations including Epstein’s private island, Little St. James.
Lawmakers grilled Clinton on a trove of recently unsealed documents from the Department of Justice, including photographs depicting him in compromising settings with redacted women—images that have fueled speculation about his involvement.

Jeffrey Epstein (left) and Bill Clinton (center) in a photo released by the justice department on Friday. (Department Of Justice/Zuma Press Wire/Shutterstock)
One particularly infamous photo showed Clinton in a jacuzzi with an unidentified woman, her face obscured. Sources familiar with the deposition told outlets that Clinton denied knowing her or engaging in any sexual activity, a response he repeated for each image presented. “No matter how many photos you show me,” he stated, “it won’t change the fact that I saw nothing wrong and did nothing wrong.”
But these denials do little to dispel the cloud of suspicion, especially given Epstein’s modus operandi of using his wealth and connections—often within elite, predominantly Jewish social networks—to lure and abuse vulnerable girls, all while hobnobbing with global leaders like Clinton.
The committee also probed Epstein’s donations to the Clinton Foundation, a charitable entity that has faced its own controversies over foreign influence and opaque finances. Epstein contributed tens of thousands of dollars, and records show him visiting the White House multiple times during Clinton’s presidency.
Clinton maintained that these interactions were innocuous, focused on philanthropy, but critics argue they exemplify how Epstein ingratiated himself with power brokers to mask his criminal enterprise. “We are only here because he hid it from everyone so well for so long,” Clinton said in his prepared remarks, shifting blame squarely onto Epstein—a convenient narrative that ignores the red flags many believe should have alerted someone of Clinton’s stature.
Republicans on the panel, including Comer, described Clinton as “charming” and “very cooperative,” noting he answered every question without invoking the Fifth Amendment. “He’s a charming individual, obviously,” Comer remarked, adding that the testimony “exonerated President Trump” by recounting a early-2000s golf tournament conversation where Trump allegedly told Clinton he severed ties with Epstein over a land deal dispute. This anecdote, volunteered by Clinton, aligns with Trump’s longstanding claim that he distanced himself from Epstein before the 2008 charges.
Trump himself weighed in from the White House, expressing reluctance about the deposition: “I like Bill Clinton, and I don’t like seeing him deposed.” Yet, Democrats seized on the moment to demand Trump testify, pointing to his own extensive socializing with Epstein in the 1990s and 2000s, as well as mentions in Epstein-related files.

From left, Trump and his girlfriend (and future wife), former model Melania Knauss, Epstein and Maxwell pose together at the Mar-a-Lago club, Palm Beach, Florida on February 12, 2000 [File: Davidoff Studios/Getty Images]
The broader investigation stems from Epstein’s 2019 death in custody—ruled a suicide but mired in conspiracy theories—and the subsequent conviction of his accomplice, Ghislaine Maxwell, for sex trafficking. Epstein’s crimes, which involved grooming and abusing dozens of underage girls, often at his lavish properties, have implicated a roster of high-profile names, from British royalty to Wall Street titans.
The House probe, launched amid calls for accountability, has drawn bipartisan support but devolved into partisan sniping. Democrats accuse Republicans of selective outrage, noting the Justice Department’s reluctance under Trump to release records on allegations against him, including a claim of sexual abuse of a minor—which the department is reviewing.
Clinton’s spokesperson has reiterated that he cut ties with Epstein before the 2006 charges and was unaware of the crimes, denying any visits to Little St. James. However, a 2025 FBI document lists Clinton among figures with unverified sexual assault allegations tied to Epstein’s orbit, though no charges have been filed. This deposition, while not accusing Clinton of wrongdoing, revives painful memories of his own impeachment over the Monica Lewinsky affair and allegations of sexual misconduct from women like Juanita Broaddrick and Paula Jones—patterns that, for detractors, make his Epstein denials less credible.
As transcripts from both Clintons’ testimonies are expected to be released soon—possibly as early as this weekend—the political fallout intensifies. Republicans frame the sessions as vindication for Trump, with Comer slamming Democrats for “weaponizing” the probe.
Democrats, like top panel member Rep. Robert Garcia (D-Calif.), counter that the precedent now demands Trump’s appearance, along with others like Commerce Secretary Howard Lutnick, who admitted visiting Epstein’s island.
February 27, 2026
Zohran Mamdani Seeks $21 Billion Federal Backing for Massive Queens Housing Project.
New York City Mayor Zohran Mamdani met with President Donald Trump at the White House on Thursday, February 26, to pitch a ambitious $21 billion federal investment in a long-dormant housing project over Sunnyside Yard in Queens.
The Democratic socialist mayor, known for his progressive stance on housing affordability, described the meeting as “productive” and expressed optimism about partnering with the Republican president to address the city’s acute housing crisis. This development marks a potential revival of a project first proposed under former Mayor Bill de Blasio, which could deliver 12,000 affordable homes—the largest such initiative in New York City since the 1970s.
Mamdani, 34, shared a photo on Instagram capturing the moment: Trump smiling broadly while holding two mock New York Daily News front pages. One was the infamous 1975 headline “Ford to City: Drop Dead,” referencing President Gerald Ford’s refusal to bail out a near-bankrupt New York. The other, a custom creation from Mamdani’s team, proclaimed “Trump to City: Let’s Build,” with subheadings touting “Backs New Era of Housing” and “Trump Delivers 12,000+ Homes; Most Since 1973.” Anna Bahr, a spokesperson for City Hall, confirmed that Mamdani presented these printouts to symbolize a shift from historical federal neglect to collaborative progress.

View this post on Instagram
A post shared by Mayor Zohran Kwame Mamdani (@nycmayor)
“He came to the president today with a couple of pitches that would produce and construct more housing in a handful of projects than has happened in 50 years,” Bahr told reporters. The White House has not yet committed to funding, but sources familiar with the discussions indicate Trump was receptive, particularly given his Queens roots and lifelong ties to New York real estate.
At the heart of the proposal is Sunnyside Yard, a sprawling 180-acre active rail yard in western Queens, often called the busiest in North America. Owned jointly by Amtrak, the Metropolitan Transportation Authority (MTA), and other entities, the site serves as a critical hub for Amtrak, Long Island Rail Road, and New Jersey Transit trains.
The plan involves constructing what Mamdani’s office describes as “the world’s largest deck” over the yard—a massive platform to support development without disrupting rail operations below.
If funded, the project would yield 12,000 affordable housing units, including 6,000 modeled after the Mitchell-Lama program, which provides subsidized rentals and cooperatives for moderate- and middle-income families.
Beyond housing, the development promises 30,000 good-paying union jobs during construction, along with new parks, schools, and healthcare clinics to serve the surrounding communities. Senior city housing official Cea Weaver, director of the Mayor’s Office to Protect Tenants, highlighted the project’s potential to unify neighborhoods divided by the rail yard.
“It’s a barrier between some of the most diverse neighborhoods in Queens,” Weaver said. “And so I think it’s important that we’re able to connect neighborhoods.” However, she acknowledged the challenges: “It’s extraordinarily expensive, and we need federal support in order to be able to do it.”
The Sunnyside Yard concept isn’t new. It traces back to urban planning ideas from the 1960s, but gained traction under de Blasio in 2015, with a 2020 master plan estimating costs at $14 billion for a mixed-use development including housing, offices, and public spaces.
The Economic Development Corporation (EDC) led the effort, incorporating public input to prioritize affordable housing, jobs, transportation improvements, and sustainability. The COVID-19 pandemic halted progress, and successor Eric Adams did not revive it. Earlier versions faced opposition from local figures like Rep.
Alexandria Ocasio-Cortez and community groups concerned about density, environmental impacts, and displacement. Mamdani’s pitch escalates the scale, focusing heavily on affordability amid escalating costs.
New York City’s housing woes provide the urgent backdrop. Elected on promises to tackle affordability, Mamdani faces a crisis where renters spend 54.52% of their median income on housing—the highest in the nation, per a 2025 WalletHub report.
Over the past two decades, inflation-adjusted wages for renters rose less than 15%, while average rents surged nearly 40%. The city’s rental vacancy rate dipped to 1.41% in 2023, far below the 5% needed to ease rent regulations under state law. A 2024 Regional Plan Association analysis pegged the housing shortage at 540,000 units, a gap that stifles mobility and forces many into substandard living.
Recent 2026 data paints an even grimmer picture. Manhattan’s vacancy rate hovered just above 2% in 2025, with average rents exceeding $5,400 monthly—a 6% jump from the prior year. Citywide, nearly half of renters are rent-burdened, spending over 30% of income on housing. Evictions in subsidized housing spiked, with 43,000 of 120,000 filings in 2024 occurring in such units, per a New York Housing Conference report. Meanwhile, thousands of rent-stabilized apartments sit vacant due to economic disincentives under current laws, exacerbating the crunch.
The project’s revival could be transformative. Drawing parallels to Hudson Yards—a 28-acre decked development in Manhattan—Sunnyside Yard’s 180 acres offer exponentially more space for mid-rise buildings, greenways, and community amenities. Proponents argue it aligns with “Keeping it Queens” ethos, blending sustainability, pedestrian-friendly design, and workforce development. Mamdani’s office called it a “once-in-a-generation opportunity to confront the city’s housing crisis at the scale it demands,” potentially the largest infrastructure investment since Co-op City’s completion in 1973.
Yet hurdles abound. Beyond securing federal funds—requiring Amtrak’s approval and congressional buy-in—the project faces technical complexities, like building over active tracks without service interruptions. Local stakeholders, including City Council members and residents, may revive past concerns over gentrification and environmental risks. Mamdani acknowledged the timeline: “many, many years” ahead. Trump, while interested, has not committed, and his administration’s priorities lean toward deregulation and private-sector involvement.
This meeting underscores Mamdani’s pragmatic approach, despite ideological differences with Trump. As Joe Calvello, Mamdani’s press secretary, noted, the mayor seized Trump’s invitation to “do just that” on housing. If successful, it could reshape Queens, alleviate the housing squeeze, and set a precedent for federal-city partnerships in urban renewal. For now, New Yorkers watch as this bold vision inches toward reality.
February 27, 2026
Federal Reserve Challenges Justice Department Subpoenas in Powell Probe
WASHINGTON—The Federal Reserve is waging a behind-closed-doors legal challenge to a pair of subpoenas issued as part of U.S. Attorney Jeanine Pirro’s criminal investigation into Chair Jerome Powell, according to people familiar with the matter.
Pirro, a longtime ally of President Trump, opened the probe to examine whether Powell gave false testimony to Congress last summer about the central bank’s building-renovation project. The move prompted an unprecedented public response from Powell, who in a Jan. 11 video statement said the investigation was a pretext for Trump’s continuing campaign to pressure the Fed to lower interest rates and end the independence of the central bank.

The Fed, in sealed proceedings, is asking a judge to quash the subpoenas, which could reduce or eliminate its obligation to respond. Its specific legal arguments couldn’t immediately be learned. It isn’t uncommon, especially in high-profile investigations, for a subpoena recipient to challenge prosecutors’ demands as being overly broad or seeking information protected by legal privilege.
The fight is taking place out of public view because of secrecy rules that apply to criminal investigations pending before a grand jury.
Pirro was present during a White House event on Jan. 8 where Trump excoriated his U.S. attorneys for not moving fast enough to prosecute his favored targets. The Justice Department sent the Fed a pair of subpoenas the following day. The subpoenas asked the Fed to respond toward the end of January.
Republicans have been looking for an off-ramp to the standoff because it is threatening to delay the confirmation of Kevin Warsh, the former Fed governor Trump has chosen to succeed Powell when his term as chair ends in May.
“There were subpoenas issued. But that doesn’t have to mean that there are charges,” Treasury Secretary Scott Bessent said on CNBC earlier this month. He has also defended the probe, telling CBS in January, “I think that the message is that independence does not mean no accountability.”

Construction on the Marriner S. Eccles Federal Reserve building in Washington (Samuel Corum/Bloomberg)
Sen. Thom Tillis (R., N.C.) has repeatedly said he wouldn’t advance any Fed nomination, including Warsh’s, until the Justice Department probe has ended. With all Democrats on the Senate Banking Committee taking the same stand, the 13-11 GOP majority isn’t enough to push a nominee through without him.
Tillis has said the probe was launched outside of traditional channels and has warned about steps that erode investors’ expectations that the central bank will be given reasonable latitude to set interest rates as economic conditions warrant.
The investigation centers on a few minutes of answers Powell provided to questions at a Senate hearing last summer about cost overruns on renovations of two historic buildings. White House officials last year suggested either Powell made false statements about the project’s costs or the Fed failed to update building records, but the furor quickly faded after Trump toured the project with Powell in July.

U.S. Attorney For Washington, DC Jeanine Pirro at a press conference (Image source: Getty Images/Photo by Win McNamee)
Pirro has defended the probe, saying the subpoenas were issued after her office hadn’t received answers to multiple information requests. The inquiry opened in November. A lawyer in Pirro’s office sent two emails to the Fed in December asking for a meeting about the renovation.
Trump has sounded less concerned about resolving the impasse. Pirro is “going to take it to the end and see,” Trump told reporters at the White House on Feb. 2, where he inflated to $4 billion the cost of the $2.5-billion renovation.
February 26, 2026