Daniel Bach
👤 SpeakerAppearances Over Time
Podcast Appearances
The U.S.
puts arms sales to Taiwan on hold.
Plus, weight loss drugs show a surprising ability to slow down cancer.
And we look at how the slowdown in alcohol sales is impacting the U.S.
's native spirit, bourbon.
It's Friday, May 22nd.
I'm Daniel Bach for The Wall Street Journal, filling in for Luke Vardis.
And here is the AM edition of What's News, the top headlines and business stories moving your world today.
House Republican leaders have yanked a plan to vote to restrict President Trump's ability to conduct military strikes against Iran.
That's after it became clear that the resolution, forced to the floor by Democrats, would likely pass.
passage would have been seen as a rebuke of Trump and the war he started without seeking authorization from Congress.
Opinion polls show most Americans are opposed to the war, which has led to rising energy costs and disrupted global supply chains.
Trump and his allies have defended the war as necessary to deny Iran a nuclear weapon.
The U.S.
is putting a planned arms sale for Taiwan on hold.
Acting Secretary of the Navy Hung Kao told Congress that the munitions and the arms that were being sold to Taipei are going to be needed in Iran instead.
Jonathan Chang is the journal's China bureau chief, and he says while this may be down to a lack of munitions, the timing is key, with the news coming just days after President Trump was in Beijing.
Hongkao told the Senate Appropriations Committee that arms sales to Taiwan would continue once the Trump administration deemed it appropriate.
Meanwhile, the president has said the U.S.
will be sending 5,000 extra troops to Poland.