Trump Says Iran Deal Reached; World Cup Kicks Off; SpaceX IPO Could Make Lots Of New Millionaires

**Mosheh Oinounou** (0:00)
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**Jill Wagner** (1:09)
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Hey everyone, it is Friday, June 12th. You are listening to the Mo News podcast. I am Jill Wagner. This is the place where we bring you just the facts. We read all the news and read between the lines so you don't have to. Happy Friday everybody. As you could tell, it is just me today. Mosheh is traveling. That said, he might pop in at some point in the podcast. So don't be surprised if you hear his voice. We also pre-recorded Cheers to the Freaking Weekend because really it is not fun for me to do that segment alone. And then we'll see if he decides to jump in elsewhere. Okay, now to the headlines. Stop me if you've heard this before. President Trump says that the US and Iran have a deal that could stop the fighting for good. So this isn't the first time he has said something like this. Why President Trump says this time it is different. And what Iran is saying about a potential agreement. Meanwhile, President Trump has named his permanent pick for Director of National Intelligence to replace Tulsi Gabbard. Who is Jay Clayton? And did Democrats refusing to extend a key surveillance program force Trump's hand? And from political fights to real ones, we are just a couple days away from the UFC's White House cage match. What we know about the Claw.
Sticking with sports, the World Cup has officially kicked off, where you could catch the US men's soccer team in its first match today.
To Wall Street, the biggest IPO in history is expected this morning when SpaceX goes public, likely making Elon Musk a trillionaire and turning thousands of SpaceX employees into millionaires. What we've learned about how some are already planning to spend their new fortunes. Plus, it is Friday. Cheers to the freaking weekend. What we are watching, reading and eating.
OK, starting with the war in Iran, President Trump says, We've got a deal. The president on Thursday afternoon said that he was canceling impending strikes on Iran and potentially a plan to attack Iran's Karg island. That is Iran's oil infrastructure hub. About 90% of Iran's oil exports passed through the island. But the president again, saying that those strikes are not happening. That is quote, Based on the fact that discussions with the Islamic Republic of Iran have been brought to the highest level of Iranian leadership and approved. So that was Thursday afternoon. And then a few hours later, the president provided some additional details. Speaking to reporters in the Oval Office, he said the plan had been approved by Iran's supreme leader, who by the way, still has not been seen or heard from publicly since the war began at the end of February. And since he was elected the new leader. As for what is in the deal, Trump says that the Strait of Hormuz would open immediately once it is signed. He says the US would lift its blockade of Iranian ports and that the Iranians have agreed at least conceptually not to have a nuclear weapon. Now again, this isn't the first time that the president has said we are days away from a deal. The New York Post said that they actually counted 37 times prior to Thursday when the president said a deal was close.