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Speaker 1: Welcome to the White House Briefing Room for Friday, October 2nd. I'm John Decker. The UAE is investigating whether terrorism played a role in the fly Dubai attack. The U.S. is sending more firepower to the Middle East. The president says he's not ruled out declaring a national emergency before the midterms. And mortgage rates continue to surge. But we begin this Friday with the latest on the stabbing attack on a fly Dubai flight earlier this week. The United Arab Emirates has opened an investigation into the stabbing aboard a fly Dubai flight bound for Israel. The UAE said it would examine whether terrorist activity played any role in the attack. Now, President Trump told reporters Thursday that Iran may have had a role in the fly Dubai attempted hijacking. Earlier in the day, U.S. officials said there was still no concrete evidence about who, if anyone, was responsible. No other country involved has publicly blamed Iran for the incident yet. Now, on Thursday, UAE Attorney General Hamad Saif al-Shamzi said the country's investigation would look at all possible motives, including terrorism, as well as whether the attack involved planning or any direction. Saudi officials, meanwhile, initially assessed that the co-pilot tried to deliberately crash the plane after stabbing the pilot. They say that they don't have a theory yet about a motive or whether others might have been involved. Meanwhile, the Pentagon is sending a third aircraft carrier strike group and additional Marine Corps ships to the Middle East. Under the plan announced Thursday, 9,000 to 10,000 more troops will be added to the region as President Trump considers renewing strikes on Iran after the midterm elections. Now, the ships, jet fighters, marines, and sailors will arrive in the region by the end of November, and the president recently told aides that he expects to resume bombing Iran as early as next month. Two carriers, the USS George H.W. Bush and the USS George Washington, are already in the Middle East. If the Washington stays after the Roosevelt arrives, it will bring the region to three carrier strike groups, for the first time since April, before Iran and the U.S. clinched a ceasefire that temporarily ended fighting that began on February 28th. But that ceasefire collapsed, and the two sides have fought sporadically since. Now, the announced deployments come just days after President Trump rejected Iran's latest proposal for a seven-day ceasefire. And in a Time magazine interview that published on Thursday, the president said he could resume striking Iran after the midterms if there is no deal in place. If a third carrier stays in the region, it would provide more options and firepower if the president decides to attack. The proposal that the president rejected would have led to the reopening of the Strait of Hormuz and resumed talks over Iran's nuclear ambitions in return for for the U.S. lifting its blockade of Iranian ports. In political news, President Trump said in that Time magazine interview that he's not ruled out invoking the Insurrection Act or declaring a national emergency around the midterm elections in November. The president said in that interview, when asked about the limits of his presidential power, I'm not committing to anything. We're going to see how it plays out in court. Now, Time reported that White House advisers have already thought about how to respond if Democrats reclaim either or both the House and the Senate. One official said the administration will be forced to think more bipartisan. The president, however, has warned that if Democrats reclaim either chamber, they will attempt to impeach him for a third time. The president has dismissed unfavorable polling for him and other Republicans. as being fake news. Now, the Insurrection Act allows the president in all cases of insurrection or obstruction to the laws either of the United States or of any individual state or territory to deploy members of the military or federalize members of the state's National Guard, all for the purpose of suppressing such an insurrection or of causing the laws to be duly executed. The president has relied on Title 10 to send federal troops to U.S. cities. Title 10 is a federal code that gives the president the authority to deploy the National Guard to assist local law enforcement in a supporting function. Now, as a reminder, the Insurrection Act was last invoked by former President George H.W. Bush in May of 1992, and that was in response to to the L.A. riots after four Los Angeles Police Department officers were acquitted of beating Rodney King. Altogether, 15 U.S. presidents have invoked the Insurrection Act. Finally, in economic news, mortgage rates have posted their largest increase in four years this week. Rates for 30-year fixed-rate mortgages have now risen to 7.28% from 7.03%, and that's the biggest jump since October of 2022. Now, all of this is having a major impact on the housing market for the week ending September 25th. Mortgage applications fell 6%, the fourth consecutive week of declines. That's according to the Mortgage Bankers Association. At the start of the year, mortgage rates had touched below 6%. But the beginning of the war in Iran caused them to jump. And as the conflict has drawn on, fears of inflation have driven rates higher and higher. The recent run-up in mortgage rates has brought sales activity in the housing market to a standstill. Buyers and potential buyers are already coping with record home prices and stretching to afford down payments. As for the president's schedule for Friday at 1230 in the afternoon, the president will participate in a policy meeting in the Oval Office. That right now is listed as closed press. The president will then depart the White House en route to Mobile, Alabama. At six o'clock local time, the president will deliver remarks online. at the Mitchell Center, and then the president will depart Mobile, Alabama and route back to the White House. That's the White House Briefing Room for Friday, October 2nd. I'm John Decker. Have a great weekend.
Speaker 1: Welcome to the White House Briefing Room for Friday, October 2nd. I'm John Decker. The UAE is investigating whether terrorism played a role in the fly Dubai attack. The U.S. is sending more firepower to the Middle East. The president says he's not ruled out declaring a national emergency before the midterms. And mortgage rates continue to surge. But we begin this Friday with the latest on the stabbing attack on a fly Dubai flight earlier this week. The United Arab Emirates has opened an investigation into the stabbing aboard a fly Dubai flight bound for Israel. The UAE said it would examine whether terrorist activity played any role in the attack. Now, President Trump told reporters Thursday that Iran may have had a role in the fly Dubai attempted hijacking. Earlier in the day, U.S. officials said there was still no concrete evidence about who, if anyone, was responsible. No other country involved has publicly blamed Iran for the incident yet. Now, on Thursday, UAE Attorney General Hamad Saif al-Shamzi said the country's investigation would look at all possible motives, including terrorism, as well as whether the attack involved planning or any direction. Saudi officials, meanwhile, initially assessed that the co-pilot tried to deliberately crash the plane after stabbing the pilot. They say that they don't have a theory yet about a motive or whether others might have been involved. Meanwhile, the Pentagon is sending a third aircraft carrier strike group and additional Marine Corps ships to the Middle East. Under the plan announced Thursday, 9,000 to 10,000 more troops will be added to the region as President Trump considers renewing strikes on Iran after the midterm elections. Now, the ships, jet fighters, marines, and sailors will arrive in the region by the end of November, and the president recently told aides that he expects to resume bombing Iran as early as next month. Two carriers, the USS George H.W. Bush and the USS George Washington, are already in the Middle East. If the Washington stays after the Roosevelt arrives, it will bring the region to three carrier strike groups, for the first time since April, before Iran and the U.S. clinched a ceasefire that temporarily ended fighting that began on February 28th. But that ceasefire collapsed, and the two sides have fought sporadically since. Now, the announced deployments come just days after President Trump rejected Iran's latest proposal for a seven-day ceasefire. And in a Time magazine interview that published on Thursday, the president said he could resume striking Iran after the midterms if there is no deal in place. If a third carrier stays in the region, it would provide more options and firepower if the president decides to attack. The proposal that the president rejected would have led to the reopening of the Strait of Hormuz and resumed talks over Iran's nuclear ambitions in return for for the U.S. lifting its blockade of Iranian ports. In political news, President Trump said in that Time magazine interview that he's not ruled out invoking the Insurrection Act or declaring a national emergency around the midterm elections in November. The president said in that interview, when asked about the limits of his presidential power, I'm not committing to anything. We're going to see how it plays out in court. Now, Time reported that White House advisers have already thought about how to respond if Democrats reclaim either or both the House and the Senate. One official said the administration will be forced to think more bipartisan. The president, however, has warned that if Democrats reclaim either chamber, they will attempt to impeach him for a third time. The president has dismissed unfavorable polling for him and other Republicans. as being fake news. Now, the Insurrection Act allows the president in all cases of insurrection or obstruction to the laws either of the United States or of any individual state or territory to deploy members of the military or federalize members of the state's National Guard, all for the purpose of suppressing such an insurrection or of causing the laws to be duly executed. The president has relied on Title 10 to send federal troops to U.S. cities. Title 10 is a federal code that gives the president the authority to deploy the National Guard to assist local law enforcement in a supporting function. Now, as a reminder, the Insurrection Act was last invoked by former President George H.W. Bush in May of 1992, and that was in response to to the L.A. riots after four Los Angeles Police Department officers were acquitted of beating Rodney King. Altogether, 15 U.S. presidents have invoked the Insurrection Act. Finally, in economic news, mortgage rates have posted their largest increase in four years this week. Rates for 30-year fixed-rate mortgages have now risen to 7.28% from 7.03%, and that's the biggest jump since October of 2022. Now, all of this is having a major impact on the housing market for the week ending September 25th. Mortgage applications fell 6%, the fourth consecutive week of declines. That's according to the Mortgage Bankers Association. At the start of the year, mortgage rates had touched below 6%. But the beginning of the war in Iran caused them to jump. And as the conflict has drawn on, fears of inflation have driven rates higher and higher. The recent run-up in mortgage rates has brought sales activity in the housing market to a standstill. Buyers and potential buyers are already coping with record home prices and stretching to afford down payments. As for the president's schedule for Friday at 1230 in the afternoon, the president will participate in a policy meeting in the Oval Office. That right now is listed as closed press. The president will then depart the White House en route to Mobile, Alabama. At six o'clock local time, the president will deliver remarks online. at the Mitchell Center, and then the president will depart Mobile, Alabama and route back to the White House. That's the White House Briefing Room for Friday, October 2nd. I'm John Decker. Have a great weekend.
