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Iran's President Hassan Rouhani speaks at parliament in the capital Tehran. Photo: Atta Kenare/AFP via Getty Images

Iranian President Hassan Rouhani announced Tuesday Iran would "resume uranium enrichment" at its Fordow plant and begin injecting uranium gas into 1,044 centrifuges, Iranian state media reports.

Why it matters: The announcement coincided with the first anniversary of the Trump administration's "maximum pressure" campaign against Iran. Axios contributor Barak Ravid notes the announced plans are a substantial breach of Iran's nuclear deal.

  • "In the nuclear deal Iran committed to stop enrichment at Fordow and turn the facility to a reaserach center," Ravid said, noting it's the first time Iran has undertaken enrichment at Fordow since the 2015 deal.

The big picture: Behnam Ben Taleblu, a senior fellow at the policy institute the Foundation for Defense of Democracies, notes in an article for Axios that the Trump administration's "maximum pressure" campaign "escalated further last week with new State Department findings that link the country's construction sector to its Islamic Revolutionary Guard Corps."

  • On Monday, Treasury Secretary Steven Mnuchin said in a statement the U.S. had imposed sanctions on nine people connected to Iran Supreme Leader Ayatollah Ali Khamenei.

What they're saying: Secretary of State Mike Pompeo told Fox Business Network's "Lou Dobbs Tonight" Monday after Iran announced an operation involving 60 more centrifuges that the sanctions on Iran were "having a real impact and we need to continue to press."

Go deeper: Expanding U.S. pressure campaign on Iran could reach a tipping point

Editor's note: This article has been updated with new details throughout.

Go deeper

Senate confirms retired Gen. Lloyd Austin as defense secretary

Photo: Greg Nash-Pool/Getty Images

The Senate voted 93-2 on Friday to confirm retired Gen. Lloyd Austin as secretary of defense. Sens. Mike Lee (R-Utah) and Josh Hawley (R-Mo.) were the sole "no" votes.

Why it matters: Austin is the first Black American to lead the Pentagon and President Biden's second Cabinet nominee to be confirmed.

House will transmit article of impeachment to Senate on Monday, Schumer says

Photo: Drew Angerer/Getty Images

Senate Majority Leader Chuck Schumer (D-N.Y.) announced that the House will deliver the article of impeachment against former President Trump for "incitement of insurrection" on Monday.

Why it matters: The Senate is required to begin the impeachment trial at 1 p.m. the day after the article is transmitted.

Dan Primack, author of Pro Rata
2 hours ago - Politics & Policy

Private equity bets on delayed tax reform in Biden administration

Illustration: Brendan Lynch/Axios

In normal times, private equity would be nervous about Democratic Party control of both the White House and Congress. But in pandemic-consumed 2021, the industry seems sanguine.

Driving the news: Industry executives and lobbyists paid very close attention to Treasury Secretary nominee Janet Yellen's confirmation hearings this week, and came away convinced that tax reform isn't on the near-term agenda.

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