Axios

American food assistance has been rocked by a regulatory earthquake while millions have been dropped from one of the nation's premier safety net programs, tightening the strain on food banks and state agencies.

The big picture: As the Supplemental Nutrition Assistance Program (SNAP) continues to undergo a historic remolding, food banks say they're staring down a gap they can't fill.

President Trump used his speech at Friday's rescheduled White House Correspondents' Association Dinner to condemn the political violence that postponed the annual event — and in the next breath attack and insult the gathered press.

The big picture: The president opened with jokes to the hundreds of assembled journalists and even made a little fun of himself, in a speech that started light — before descending into a litany of familiar complaints about reporters and prominent Democrats.

The U.S. and U.K. are planning to convene a high-level meeting in London next week that will focus on a potential international coalition to protect maritime shipping in the Strait of Hormuz, two European diplomats and two other sources with knowledge told Axios.

Why it matters: The reopening of the strait for commercial shipping is a key element of any U.S. exit strategy from the war with Iran and of efforts to stabilize global energy markets.