Iran MOU, Kevin Warsh, B-52 victims, James Talarico, and John Kennedy headline today's A.M. Update. The 14-point Iran memorandum of understanding leaked via CNN and corroborated widely, and Aaron says the detractors were largely right — it reads like capitulation, though he pushes back hard on critics who can't answer what they actually wanted instead, and closes with a drill-baby-drill silver lining: WTI oil at $75 a barrel could mean $2.50 gas by Labor Day. Kevin Warsh chairs his first Fed meeting, holds rates for the fourth straight time, but nine members signal a rate hike is coming, markets sell off, and Trump says it keeps the country down before adding he's guided by his guy. Edwards Air Force Base releases the names of all eight men killed in Monday's B-52 Stratofortress crash: Col. Gregory Watson, Lt. Col. Gabriel Estrella, retired Lt. Col. Miles Middleton, Maj. Alexander Davis, Maj. Robert Dee, Maj. Brad Hovey, Jeromy Smith, and Christopher Rischar. Radiological materials including uranium and thorium samples are found stashed in a locked cabinet at San Francisco's Hunters Point Naval Shipyard by a rogue employee of Navy subcontractor RSI Antec. John Kennedy takes a shot at JD Vance's mother in a one-liner about the Iran deal, James Talarico surfaces old footage praising a radical anti-fossil fuel group called Third Act as the most important work in Texas, and an ICE officer in Pasco County dives fully clothed into a community pool to save an unconscious child.