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WSJ What’s News

The Iran War Threatens to Split Trump’s Base

WSJ What’s News

The Wall Street Journal

Daily News, News

4.14.2K Ratings

🗓️ 19 March 2026

⏱️ 15 minutes

🧾️ Download transcript

Summary

P.M. Edition for Mar. 19. Earlier this week, Joe Kent resigned as the White House's chief counterterrorism officer because he opposes the Iran war. WSJ White House correspondent Natalie Andrews discusses how that’s exposing a fault line within President Trump’s base. Plus, new proposals introduced today by the Federal Reserve would let America’s biggest banks hold billions of dollars less in capital on their books, a win for the banks. And we hear from Journal tech reporter Rolfe Winkler about how Apple, which is behind in AI, still earned hundreds of millions of dollars in revenue last year from it. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:08.5

you'll hear from athletes, entrepreneurs and executives who've led on the field in the boardroom and in their communities.

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0:24.3

Subscribe and start listening today. Published by Capital Client Group Inc.

0:33.0

In a victory for big banks, Trump regulators have proposed allowing them to reduce the capital

0:38.4

buffers they hold for times of stress. Plus, some in Trump's base are against the war in Iran,

0:44.6

a fault line that could have implications for future elections. These folks will have a role in

0:49.6

choosing the candidate in 2028. And so if these folks get dissatisfied with Trump, it is something worth watching.

0:59.1

And a new survey suggests that millions of Americans are going without health insurance

1:03.2

after expired subsidies sent premiums soaring.

1:06.7

It's Thursday, March 19th.

1:08.8

I'm Alex O'SALEF of The Wall Street Journal. This is the PM edition of What's News, the top headlines, March 19th. I'm Alex O'Sullough for the Wall Street Journal.

1:11.3

This is the PM edition of What's News,

1:13.7

the top headlines and business stories that move the world today.

1:25.0

The Federal Reserve today introduced proposals that would let America's biggest banks hold

1:30.0

billions of dollars less in capital on their books. The plan eases rules put in place after

1:35.1

the 2008 financial crisis that were meant to help shield against meltdowns. Officials

1:39.9

say the changes would make it easier for banks to lend and help the economy. The proposals,

1:44.6

if they're enacted, would be a big victory for banks. Wall Street has embraced the second

1:49.2

Trump administration largely out of hope that it would scrap stricter requirements that were

1:53.8

proposed under President Biden. In tech news, we're exclusively reporting that Jeff Bezos is in

1:59.7

early talks to raise $100 billion

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