House rebukes Trump and moves to limit military action in Iran

The Republican-controlled U.S. House passed a 215-208 resolution urging President Donald Trump to withdraw U.S. forces from hostilities against Iran unless Congress declares war or otherwise authorizes military action. Four Republicans joined all Democrats in backing the measure. The resolution amounts to a rebuke of Trump but is largely symbolic because it still requires Senate approval and could be vetoed by Trump. For markets, the vote points to congressional resistance to a wider conflict, a dynamic that could ease fears of U.S.-Iran escalation and the broader volatility that geopolitical shocks can trigger across risk assets.

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