
President Donald Trump looks on during a swearing in ceremony for new Chairman of the Federal Reserve Kevin Warsh in the East Room of the White House on May 22, 2026. Aaron Schwartz/AFP via Getty Images
The United States and Iran have nearly reached a “Memorandum of Understanding pertaining to PEACE,” President Donald Trump announced on May 23.
In a post on Truth Social, Trump announced he had concluded a set of talks with leaders of Saudi Arabia, the United Arab Emirates, Qatar, Egypt, Bahrain, Jordan, Turkey, and Pakistan regarding efforts to resolve the current armed standoff with Iran.

