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In Brief

Political developments included Sen. Elizabeth Warren proposing a Social Security tax change for billionaires.

As the week unfolded, the political arena saw several significant developments. Here’s a quick roundup of the most noteworthy stories from the past few days.

Senator Elizabeth Warren (D-Mass.) has proposed a new Social Security tax for billionaires like Jeff Bezos and Elon Musk . This suggestion has gained support from an unexpected source.

“Nor should I. This is a very good idea even as it contravenes the way the law envisioned…,” Jim Cramer voiced his support for Warren’s proposal.

Following President Donald Trump ‘s controversial comments on Iran and a dispute with several public figures, Marjorie Taylor Greene and Candace Owens have spoken out.

Greene accused Trump of “waging war against Iran,” calling it a broken campaign promise. Owens suggested that it might be time to put Trump in a home.

Trump has claimed that the U.S. has the “sweetest” oil and is attracting “empty tankers” for a “quick load-and-go” process.

Trump also asserted that the U.S. holds more oil than the next two major oil economies combined.

U.S.–Iran talks ended after 21 hours in Pakistan without any deal.

Vice President JD Vance said Iran didn't accept key U.S. conditions and called the outcome bad news for Iran. The failure leaves tensions between the two sides unresolved.

Trump has issued a stark warning to China over its potential plan to supply Iran with air defense systems.

Trump’s warning comes amidst the ongoing conflict with Iran. He has indicated that such actions by China could lead to significant repercussions.

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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