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The Lead with Jake Tapper

Trump Rejects Latest Proposal From Iran

The Lead with Jake Tapper

CNN

News

3.51.7K Ratings

🗓️ 2 May 2026

⏱️ 81 minutes

🧾️ Download transcript

Summary

The price of US gas climbs to $4.39 and experts expect another spike this weekend. President Trump is “not satisfied” with a new Iranian proposal to end the war. The President also spoke to a crowd of senior citizens in Florida to promote his new “no tax on Social Security” plan.  The Attorney General of Alabama pushes the Supreme Court to allow its 2023 congressional map. Former President Biden makes first 2026 endorsement by backing Kesha Lance Bottoms for Governor of Georgia. Plus, The Pentagon strikes an AI deal with seven big tech companies, actor Adam Scott on his new film and more. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

President Trump says he doesn't like Iran's latest plan for peace.

0:05.0

The lead starts right now.

0:07.0

President Trump rejecting the new proposal from Iran, calling U.S. lawmakers not patriotic

0:14.0

for wanting him to get congressional authorization for this war.

0:18.0

We're going to talk to a well-sourced journalist about what might come next and gas prices.

0:23.6

Up almost 10 cents in just one day. Here from one expert who says another spike is on tap for this weekend.

0:30.6

What does this mean for you and your summer travel? We've also called in the points guy.

0:35.6

Plus, Adam Scott, star of Severance.

0:38.4

He'll be here on The Lead Live with a look at his brand new, terrifying movie.

0:49.6

Welcome to The Lead. I'm Jake Tapper.

0:51.4

We're going to start in our money lead where U.S. gas prices are climbing even higher again today.

0:56.2

The average cost for a gallon of unleaded, $4.39. It's the highest since July 2022, a nine-cent jump from yesterday and an increase of 33 cents per gallon in just the last week.

1:09.8

We're seeing the compounding effect of the Strait of Hormuz

1:12.8

remaining largely closed amid the U.S. war in Iran that started February 28th. And if you think

1:17.1

the strait could reopen soon and bring some relief for these gas prices, well, President

1:23.9

Trump today said he's not sure whether Iranian officials will ever get there on a deal.

1:29.6

So much for the administration's initial four to six week timeline.

1:33.4

The president today said this when asked about the high cost of gas.

1:38.9

Gasoline's high. Other prices are way down, but gasoline's high.

1:42.8

But when this is over, you'll have a world without a nuclear weapon with Iran.

1:48.9

This feels like a good time to note that a new Washington Post-ABC News,

1:53.0

Ipsos poll shows 61% of the American people, 61% say it was a mistake for the U.S.

...

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