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AXIOS (Barak Ravid) - Iran gives the U.S. new response on draft peace deal

Iran has delivered its response to the latest U.S. amendments to a draft plan to end the war, a regional source confirmed to Axios. The big picture: The Iranian response is a signal that the diplomacy is not entirely frozen. It comes as President Trump maintains a U.S. naval blockade and considers new military action against Iran. - Iranian state media also reported on the response delivered to the U.S. on Thursday via Pakistani mediators. Catch up quick: Last weekend, Iran gave the U.S. a proposal to reopen the Strait of Hormuz and end the war, with nuclear negotiations postponed for a later stage. - On Monday, White House envoy Steve Witkoff sent a list of amendments that focus on inserting the nuclear issue back into the draft…

NYTIMES (Colby Smith) - Fed Officials Cite Inflation Concerns in Defending Dissents

The Federal Reserve’s meeting this week was the most divisive in decades, a sign that President Trump’s pick to lead the central bank will face opposition if he pursues substantially lower interest rates.

NPR (Brittney Melton) - Record-breaking DHS shutdown ends. And, May Day protests to draw crowds nationwide

Congress has ended the record-breaking shutdown of the Department of Homeland Security. And, May Day demonstrations across the U.S. are expected to draw crowds protesting the Trump administration.