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The 11th Hour with Stephanie Ruhle

Not so decimated? New report throws major doubt on Trump's Iran war story

The 11th Hour with Stephanie Ruhle

MS NOW, Stephanie Ruhle

Politics, Washington, Congress, News, Ms Now, President, Versant Media, Policy, Msnbc, Versant, Government, Senate

4.43.6K Ratings

🗓️ 13 May 2026

⏱️ 43 minutes

🧾️ Download transcript

Summary

New reporting from the New York Times shows that the Trump administration might be seriously overstating how much damage they've done to Iran's missile program – new data shows inflation accelerating, but Trump says he’s not thinking about American’s finances “not even a little bit” – & the Secretary of Defense and the FBI Director clash with lawmakers over the cost of the war and their conduct in office. Carol Leonnig, Scott MacFarlane, Lt. Gen. Mark Hertling, Brendan Greeley, Dan Nathan, Dave Weigel, and Josh Tyrangiel join The 11th Hour this Tuesday night.

Transcript

Click on a timestamp to play from that location

0:00.0

Tonight, the president heads to a high-stakes summit in China, with the war in Iran at a standstill,

0:06.9

casting a shadow of uncertainty over this critical trip.

0:10.4

And new data shows inflation accelerating, fueled by weeks of war.

0:14.6

But Trump says he's not thinking about Americans' finances, quote, not even a little bit.

0:20.3

Plus, the Secretary of Defense and the FBI

0:22.8

director clash with lawmakers over the cost of the war and their conduct in office as the 11th hour

0:28.8

gets underway on this Tuesday night. Good evening. Once again, I am Stephanie Ruhl, and right now President Trump is in the air,

0:40.6

headed to China for a huge summit with President Xi. Of course, one of the major topics will be the Iran War.

0:47.4

Before Trump left, he was asked how the conflict is impacting the finances of everyday Americans.

0:52.8

And before I show you anything else tonight, you need to see this.

0:58.5

When you're negotiating with Iran, that's your president,

1:01.3

what extent are Americans' financing should make sense are Americans' financing

1:03.5

should make a deal?

1:06.4

Not even a little bit.

1:07.6

The only thing that matters when I'm talking about Iran, they can't have a nuclear weapon.

1:12.4

I don't think about American financial situation.

1:16.3

I don't think about anybody.

1:18.9

That answer from the president comes on the very same day.

1:22.7

We got a new inflation report showing that prices are surging.

1:26.3

We're going to get into that a little later in the

1:28.4

show, but first, we also learned today more about the cost of this war itself. Trump's military

1:34.1

officials told Congress that their latest estimate is now $29 billion. That number does not

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