So there's a possible agreement to start possible talks.

The lead starts right now.

According to a senior administration official, the Trump administration is feeling good

about its dealings with Iran. So what's holding up the next stage? We're talking with someone

well sourced in the negotiations.

Plus, Elon Musk, not only the world's richest man, now he's the world's first trillionaire

with a T, richer than almost every country in the world, how his SpaceX debut on Wall Street

is rocketing his wealth. And breaking news, the request that has crews standing by,

waiting to see if they must take President Trump's name off the Kennedy Center or keep it there.

Welcome to the lead. I'm Phil Mattingly in for Jake Tapper. We start with our World League,

the U.S. and Iran inching closer to a potential agreement that would only start peace negotiations.

Sources tell CNN, a signing ceremony for a memo of understanding possible as early as Sunday in Switzerland.

According to the Trump administration, this framework includes reopening the Strait of Hormuz,

lifting the U.S. blockade of Iranian ports, dismantling Iran's nuclear program, which would include

the U.S. taking and destroying Iran's enriched material.

And if Iran complies, then and only then will it start to see financial relief.

Billions of Iran's funds, of course,

are currently frozen. So is this moment any different from the nearly 40 other times when

President Trump claimed deal with Iran was imminent? Well, one positive clue is actually coming from

the Iranians. Today, the Iranian foreign minister said on Twitter, a memo of understanding has,

quote, never been closer. We want to get straight to CNN political and global affairs analyst,

Barack Ravid. And Barack, do we think at this point in time this is a deal that not only is going

...