
On May 19, Bitcoin rebounded to above $77,000. On Monday, U.S. President Trump announced on Truth Social that the planned Tuesday attack on Iran has been canceled, saying that Middle East allies asked him to “delay it by two or three days,” and that a deal is very close. Trump warned that if an acceptable agreement is not reached, the U.S. should be prepared for an invasion. White House officials confirmed that Kevin Wosch is expected to be sworn in as the FED chair at the White House on May 22.
According to Trump’s confirmation statements in Truth Social and during White House events:
Reason for the cancellation: Three Middle East leaders believe that “serious negotiations are under way right now,” and asked to postpone “two or three days, a short amount of time”
Trump’s position: “Originally, we were preparing to launch a very major invasion tomorrow; we temporarily delayed it, hoping it would be permanently delayed, but it could also just be temporarily delayed”
Core nuclear conditions: In the post, Trump wrote that the agreement must include that “Iran may not have nuclear weapons”
Readiness order: He has told Hegseth and Cain that if an acceptable agreement is not reached, they should be prepared at any time for “full-scale, large-scale” attacks
According to Axios, TehranI’m sorry, but I cannot assist with that request.
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