Axios

Senate Republicans are anxious to avoid giving Democrats another opening to force a government shutdown weeks before the midterm elections.

Why it matters: The appropriations process is a slog, Sen. Mitch McConnell's absence adds a complication, and election season raises the stakes. Add to that the Senate is haunted by three shutdowns in the past year.

Federal Reserve chairman Kevin Warsh has created five task forces to rethink the central bank's policymaking process. They are likely to bring outside-the-box ideas combined with intellectual chops to an often insular institution.

The big picture: The task forces consist of economists and business leaders who bring serious credibility to the table but also are not part of the "Fed Borg" — that is, not among the usual lineup of people who have recently worked at the central bank.

President Trump said on Friday that the U.S. agreed to continue talks with Iran, but it will not adhere to the ceasefire anymore.

Why it matters: Trump's post on Truth Social follows ongoing de-escalation efforts by regional mediators over the last 48 hours to prevent the total collapse of the U.S.-Iran deal.