AP Alert US national debt surges past record $39 trillion just weeks into war in Iran FATIMA HUSSEIN Associated Press Mar 19, 2026 Mar 19, 2026 Updated May 6, 2026 0 Director of the White House National Economic Council Kevin Hassett stands March 6 before a television interview of the White House in Washington. Alex Brandon, Associated Press Prefer us on Google Learn More Facebook Twitter Bluesky WhatsApp SMS Email Print Copy article link Save FATIMA HUSSEIN Associated Press WASHINGTON — The national debt surpassed a record $39 trillion Wednesday, a milestone that came just weeks into the U.S.-Israeli war in Iran.kAm%96 F?AC64656?E65 7:8FC6 9:89=:89ED 4@>A6E:?8 25>:?:DEC2E:@? 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DOJ investigation into Powell could backfire on Trump and keep Fed chair in office Trump tapped former Fed official Kevin Warsh to succeed Powell, but his nomination stalled due to the investigation. Chances of a Federal Reserve rate cut fade as inflation worsens The jump in gas prices stemming from the war in Iran has had another impact that may also affect many Americans' finances: higher interest rates. Deficit Tops $1 Trillion The U.S. budget deficit topped $1T through February, though 12% lower YoY as tariff revenues surged 294% to $151B — surpassing corporate tax r… Fed keeps key rate unchanged, sees limited economic effect from Iran war Powell said he has "no intention" of leaving the central bank until a Justice Department probe into building renovations at the Fed is over. 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Iran war has US farmers worried about the cost and availability of fertilizer Farmers have complained about costly fertilizer for years, but prices have soared even higher since the U.S. and Israel attacked Iran on Feb. 28.
US Mint can produce Trump commemorative gold coin after arts commission approves design The members of the U.S. Commission of Fine Arts are supporters of the Republican president and were appointed by him this year.
DOJ investigation into Powell could backfire on Trump and keep Fed chair in office Trump tapped former Fed official Kevin Warsh to succeed Powell, but his nomination stalled due to the investigation.
Chances of a Federal Reserve rate cut fade as inflation worsens The jump in gas prices stemming from the war in Iran has had another impact that may also affect many Americans' finances: higher interest rates.
Deficit Tops $1 Trillion The U.S. budget deficit topped $1T through February, though 12% lower YoY as tariff revenues surged 294% to $151B — surpassing corporate tax r…
Fed keeps key rate unchanged, sees limited economic effect from Iran war Powell said he has "no intention" of leaving the central bank until a Justice Department probe into building renovations at the Fed is over.
US drivers see gas prices jump to highest level since 2023 as Iran war drags on According to motor club AAA, the national average for a gallon of regular gasoline jumped to $3.79 Tuesday, up from $2.98 before the war.