*By Conor White*
President Trump's decision to withdraw from the Iran nuclear deal makes it more difficult for the United States to negotiate a new understanding with Tehran, or any deal with other foreign governments, said Laura Secor, a journalist and author who has written extensively on Iran.
"The message not only is the United States is walking away from an agreement limiting the nuclear program in Iran, but that the United States is willing to walk away from its commitments negotiated under previous administrations" Secor said in an interview Wednesday with Cheddar.
Despite the White House's expressed confidence a better deal could be struck, Secor, author of "Children of Paradise: The Struggle for the Soul of Iran," said she doesn't see a way forward for another agreement with Iran.
"The Trump administration has not unveiled any Plan B here," she said. "There was talk they would get a bigger, better deal, but the idea that you would have a country whose commitment you have just abrogated agree to make a bigger, deeper, longer commitment to you, is delusional."
America's European allies, including France, which is a party to the Iran deal, have insisted the deal can survive even without the United States and have encouraged Iran to continue in good faith.
For the full interview, [click here](https://cheddar.com/videos/fallout-from-president-trumps-iran-decision).
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President Biden has announced his intent to nominate Fed chair Jerome Powell for another four-year term, with Lael Brainard serving as vice chair. This comes at a crucial time for the economy as inflation is surging, the supply chain is broken, and labor shortages are hampering businesses across the country. Sabrina Escobar, reporter for Barron's, discusses why Biden passed up the opportunity to put the central bank in the hands of a Democrat, and what challenges Powell faces in his second term.
Jill and Carlo are a bit delayed today on account of Carlo's internet not working. Better late than never, they discuss what we know about the suspect in the Christmas parade crash, closing arguments in the Arbery killing trial, and more.
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President Joe Biden announced Monday he is re-nominating Federal Reserve Chairman Jerome Powell after weeks of speculation that he would choose Democrat and Fed Governor Lael Brainard to fill the role. Biden could be looking for continuity as the U.S. continues to grapple with COVID-19 and high inflation, and investors could be on the same page: markets and treasuries ticked up after the White House made the announcement. MarketWatch Senior Reporter Greg Robb joins Cheddar News' Closing Bell to discuss Powell's re-nomination, what we can expect from the Fed's December meeting, whether it will speed up its taper timeline, and more.
