Nathan Hager

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I'm Nathan Hager.

The U.S.

and Iran are circling around a fresh proposal to end their nearly 10-week war.

At the White House, President Trump says his bottom line is clear.

President Trump spoke from the Oval Office.

Bloomberg's Jumana Bersetchi reports Iran is reviewing a one-page memo of understanding from the U.S.

with the focus on the Strait of Hormuz.

Bloomberg's Jumana Bersetchi reports Iran's expected to respond in coming days, but President Trump may be feeling more pressure to find a way out of the war.

He's got a summit next week with Chinese President Xi Jinping in Beijing, and voters are feeling the pain as well as we hear from Bloomberg's Tyler Kendall in Washington.

Bloomberg's Tyler Kendall reports other affordability measures out of the White House are being stalled or cast aside.

Major housing legislation is frozen on Capitol Hill.

President Trump has stopped touting a 10 percent credit card rate cap after bank backlash.

And two executive orders aimed at making housing more affordable have not been fully implemented.

The Iran war could cast a shadow on the Vatican.

Secretary of State Marco Rubio is there holding an audience with Pope Leo XIV.

The trip had been in the works for months, but it does come now with President Trump lobbying repeated attacks at the American-born pontiff.

Bloomberg's Flavia Rotundi has more from Rome.

Bloomberg's Flavia Rotondi says the State Department's focused the talks on what it calls mutual interests in the Western Hemisphere, including Cuba.