As Trump rages against his allies, Republicans are asking what the plan is to end the chaos in Iran

Good morning. In today’s Fortune:

• It’s Fed day—expect Powell to keep rates at 3.5%.
• Iran: As Trump rages against his allies, Republicans want to know what the plan is.
• Chaos in the Gulf is producing ‘butterfly effects’ far away.
• Why the U.S. doesn’t have enough minesweepers to open the Strait of Hormuz.
• Prediction markets see the war getting longer.
• Nvidia might pay engineers in AI tokens
• Exclusive: AI isn’t destroying consultants, Capgemini says.
• Exclusive: Hinge CEO on the ‘dating recession.’

This story was originally featured on Fortune.com