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Trump says Iran war ‘terminated’ as war powers deadline passes

DeFi Daily News by DeFi Daily News
May 1, 2026
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Trump says Iran war ‘terminated’ as war powers deadline passes
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The May 1 deadline for Congress to intervene in the war has come, but many Republican lawmakers continue to defer to the White House.

The War Powers Resolution of 1973 says Congress must declare war or authorize the use of force within 60 days. Congress has not made an attempt to force the issue, but many have left town for the week after the Senate again rejected a Democratic attempt to stop the war.

The 60-day deadline falls on Friday. However, the Trump administration argues the deadline does not apply because they effectively ended action against Iran after the ceasefire began in early April.

Despite the extension of the ceasefire agreement, Iran continues to keep a tight grip on the Strait of Hormuz and the U.S. Navy’s blockade remains.

The war’s impact on energy resources has pushed up prices for food, fuel and other products that are made from petroleum.

What’s more, the U.S. has spent an estimated $25 billion so far on the war, a top defense official revealed on Wednesday.

Much of that money has gone toward munitions, running operations and replacing equipment.

U.S. President Donald Trump rejected Iran’s latest proposal to end the war between the countries, saying Friday he still was not satisfied while blaming Iran’s “fractured” leadership.

Allen Weiner, senior lecturer in law at Stanford University, joins LiveNOW’s Alexandra Goldberg to discuss.

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Raw and unfiltered. Watch a non-stop stream of breaking news, live events and stories across the nation. Limited commentary. No opinion. Experience LiveNOW from FOX. Live news streaming channel when and where you need it.

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Tags: deadlineDonald Trumpdonald trump iranfox liveIraniran wariran war powersIsraelmiddle eastNewsnews todayOperation Epic FurypassesPoliticsPowersStrait of HormuzterminatedTrumptrump irantrump newstrump war powersunited stateswarwar powersWar Powers Act
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