Emily Jashinsky

Secretary Besant holding the briefing as a new inflation report shows consumer prices increasing, with annual inflation rising to 3.8% in April, up from 3.3% in March, marking the highest level since May of 2023.

The secretary opening the briefing by placing those numbers inside a broader economic picture.

Secretary Besson also fielding several questions about a new report from the Washington Post that Trump administration officials are pushing for designs of a new $250 bill featuring the current president's portrait, despite a law barring any living person from appearing on U.S.

currency.

Mr. Besson responding to the report.

Secretary Besson also asked about President Trump's settlement with the IRS and Treasury Department over the leak of his tax returns, the agreement creating a roughly $1.8 billion compensation fund for Americans who say they were harmed by political weaponization of the federal government.

Democrats and other critics blasting the arrangement as a taxpayer-funded slush fund, while the administration argues it's meant to compensate people who were unfairly targeted.

Here, Secretary Besson.

The secretary did end up taking one follow up on the subject.

Coming up, the U.S.

and Iran may be nearing a deal.

Maybe.

And the Coast Guard resumes the search for a missing American woman in the Bahamas, nearly two months after she went missing.

U.S.

officials saying American and Iranian negotiators have reached an agreement on a 60-day memorandum of understanding, or MOU, to extend the ceasefire and begin negotiations on Iran's nuclear program, according to Axios and other outlets.

However, the MOU agreement is still awaiting final approval from President Trump and Tehran.

The MOU calling for unrestricted shipping through the Strait of Hormuz and the clearing of all Iranian mines within 30 days.

the agreement also requiring the removal of the U.S.

naval blockade and limited sanction waivers allowing Iran to sell oil.

Meanwhile, in return, Iran committing to not pursue a nuclear weapon, with both the U.S.