Four House Republicans joined Democrats in voting to halt U.S. engagement in Iran and require congressional approval for continued Middle East operations, marking a significant break from the Trump administration. The resolution now moves to the Senate, though legal experts question whether Congress can actually compel troop withdrawal. This rare bipartisan defection signals growing Republican unease with Trump's foreign policy approach on Capitol Hill.

Meanwhile, SpaceX priced its initial public offering at $135 per share, which would make it the largest IPO in history. The valuation represents a major milestone for Elon Musk's space venture as it seeks public market funding. Market analysts will watch closely how investors value the company's satellite internet and launch services businesses.

The Trump administration is fighting a court order to refund $166 billion in illegal tariffs collected from businesses, creating uncertainty for companies seeking reimbursement. Officials have also proposed new tariffs of 10 percent to 12.5 percent on 59 countries and the European Union, potentially expanding trade tensions further.

Several Republican senators threatened to oppose funding for Trump's immigration crackdown unless it blocks him from creating a compensation fund for political allies. This latest legislative pushback demonstrates deepening fractures within the GOP over spending priorities and executive authority.