Pete Hegseth testifies before Congress, the value of Iranian currency falls off a cliff,

and ICE hunts down an illegal trucker accused of killing a pair of newlyweds.

I'm Georgia Howe with Daily Wire Executive Editor John Bickley.

It's Wednesday, April 29, and this is Evening Wire.

The Federal Reserve voted to hold interest rates steady today in its most divided vote in decades.

The board agreed to hold the rates at 3.5 to 3.75 percent.

But the board's highly valued appearance of consensus seemed to crack.

Four members dissented.

The last time that happened was 1992. The divide

reflects the uncertainty facing the global economy as the Hormuz Strait remains mostly closed

and inflation ticks higher. Today's meeting was also likely the last headed by Chairman Jerome Powell.

He's expected to be replaced by Trump's new pick, Kevin Warsh, who's been advanced for a full

approval vote in the Senate. War Secretary Hegset and General Dan Kane testified before Congress

about the ongoing war in Iran and our military's budget. Daily Wire Foreign Affairs reporter

Cassie Akiva has the details. On Capitol Hill, Secretary of War Pete Hegeseth faced intense questioning from Democrats

during a high-stakes hearing on the administration's Iran strategy and $1.5 trillion budget

requests with multiple heated exchanges.

Some Democrat lawmakers pressed Hegsteth on whether the war has actually weakened Iran's

nuclear program and what it's

costing American families, while Heg Seth repeatedly pushed back, defending the operation as a military

success and arguing that no economic cost compares to the threat of a nuclear Iran.

The hearing grew increasingly combative with accusations of dishonesty, raised voices, and questions about the

...