Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF (http://bit.ly/3vTiACF). The ceasefire between the US and Iran reached a particularly precarious moment Monday as President Donald Trump said the agreement was on “massive life support” after he rejected Tehran’s latest peace offer. Speaking to reporters in the Oval Office, Trump called Iran’s response to his proposal a “piece of garbage” and that he “didn’t even finish reading it.” Iran responded to last week’s US peace proposal by demanding a lifting of Washington’s naval blockade and sanctions relief, while maintaining a degree of control over traffic through the Strait of Hormuz, according to a person familiar with the matter, who asked not to be identified discussing sensitive information. Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: Bloomberg Economics Senior Geoeconomics Analyst for Asia-Pacific Adam Farrar. American Enterprise Institute Nonresident Senior Fellow Heather Conley. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Principal Cyber Advisor to the Secretary of the Army Brandon Pugh. See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information. Bloomberg Washington Correspondent Joe Mathieu delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. Subscribe to Bloomberg Podcasts: https://bit.ly/BloombergPodcasts Listen to more Sound On: https://youtube.com/playlist?list=PLe4PRejZgr0NgZfBQYwQwBHDgO04pL3oa #Bloomberg #Podcast #Politics Visit us: https://www.bloomberg.com/podcasts Follow Bloomberg Podcasts on Twitter: https://twitter.com/podcasts Visit our other YouTube channels: Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake For coverage on news, markets and more: http://www.bloomberg.com/video