Senators offer mixed reactions on success and risks of Iran war

President Donald Trump took the United States to war with Iran without congressional authorization, and senators have offered mixed reactions while intensifying scrutiny of when, how and at what cost the conflict will end. Lawmakers' questions about oversight, legal authority and potential fiscal and geopolitical consequences increase policy uncertainty and could affect defense spending, sanctions and broader risk premia.

Analysis

President Donald Trump took the United States to war with Iran without congressional authorization, and senators have offered mixed reactions while intensifying scrutiny of when, how and at what cost the conflict will end. Lawmakers' questions about oversight, legal authority and potential fiscal and geopolitical consequences increase policy uncertainty and could affect defense spending, sanctions and broader risk premia.