What the morning news shows covered today: one entry per story, every show's take.

A federal judge ruled Donald Trump's name cannot be added to the Kennedy Center; the board, citing structural and financial emergencies, voted to close the arts complex immediately, halting a $257 million congressional renovation. Both NPR and the Full Court Press episode report the closure followed the ruling and a heated exchange between Trump and Rep. Joyce Beatty. Trump says he will not proceed with the renovation unless his name is added, and the board has filed an appeal; where the Honors, Mark Twain Prize, and National Symphony Orchestra will go remains unresolved.

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The Fed raised its benchmark rate a quarter point to fight inflation reignited partly by the Iran war, a move reported by NPR, Global News, and The Daily. NPR's Scott Horsley notes market odds of a hike topped 90% after Chair Kevin Warsh's hawkish signaling; Global News quotes Warsh saying inflation, now at 3.4%, remains elevated despite resilient spending, and the move supports return to the 2% goal; The Daily's Rachel Abrams reports the same rationale. Trump responded on social media demanding rates be lowered 'fast,' notably without personally attacking Warsh, whom he appointed.

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Independent, nonpartisan reports from the Congressional Budget Office and the Pentagon Inspector General find the U.S.-Iran war cost between $33 and $38 billion, close to Defense Secretary Pete Hegseth's earlier $37 billion estimate. Iranian strikes damaged or destroyed hundreds of buildings across U.S. bases in eight countries and roughly 60 aircraft including drones and fighters. The CBO says up to two-thirds of Patriot interceptor missiles have been used, with replacement potentially taking five years; the administration is requesting $67 billion more, which Congress has not yet approved.

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Iranian-backed Houthi forces have captured territory along Yemen's Red Sea coast, giving them direct control of the Bab el-Mandeb Strait, a key route Saudi Arabia relied on to route around threats elsewhere. Compounding the crisis, Saudi Arabia's East-West cross-country pipeline was attacked and shut down, according to Vivian Nereim, leaving the kingdom with no viable option to export its oil to global markets.

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Ursula von der Leyen has proposed opening a novel 'associate member' status, not currently in EU treaties, to let Canada join without full membership. Nick Beak reports the move responds to shared concerns in Ottawa and Brussels about Donald Trump and China rather than being purely symbolic, though it would require treaty changes and face political and financial hurdles, including securing public support in both regions.

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Amrith Ramkumar and Stu Woo argue a concrete U.S.-China agreement to slow AI development is unlikely even as Xi Jinping's Washington visit approaches, because neither side wants to disarm first, echoing early nuclear arms-race dynamics. They note the analogy is imperfect: AI has civilian upside like disease research, making unilateral restraint less appealing, and AI decisions may not require the kind of human judgment a nuclear launch does, so expectations for the Xi-Trump meeting are being kept low, with talks likely limited to capabilities and security rather than a binding deal.

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