Tether confirmed freezing approximately $550 million in Iran-linked USDT in 2026, while a Senate Democratic report found USDT dominated activity in 84% of Iran- and proxy-linked wallets studied, calling it a 'significant financial lifeline' for the regime.
Key Foreign Intelligence Surveillance Act provisions will expire Friday absent resolution of a dispute between the White House and Senate Democrats over Trump's acting director of national intelligence nominee Bill Pulte.
The US-Iran war reached its 60th day, triggering the War Powers Act deadline requiring Trump to obtain congressional authorization or cease hostilities, with at least three Republican senators, Collins, Tillis and Curtis, signaling they would not vote to extend the war. Senate Republicans blocked Democrats' fifth war powers resolution on April 28, though cracks are widening within the GOP as the conflict shows no sign of ending.
