CAPE CANAVERAL, Fla. (AP) — Billionaire spacewalker Jared Isaacman urged senators on Wednesday to take swift action on his bid to lead NASA, after being yanked and then renominated by President Donald Trump.
Isaacman appeared before the Commerce, Science and Transportation Committee in Washington eight months after his first nomination hearing. The tech entrepreneur who's rocketed into orbit twice with SpaceX stressed the need for “full-time leadership” at NASA as the space agency prepares to send astronauts back to the moon early next year.
Transportation Secretary Sean Duffy has been filling in as NASA's acting administrator since summer.
Returning astronauts to the moon for the first time in more than 50 years will be “a challenging endeavor to say the least,” Isaacman told the committee led by Sen. Ted Cruz of Texas.
NASA is targeting early next year for a lunar flyaround by four astronauts. They won't land on the moon; that would happen in another mission. The goal is to beat the Chinese there by the end of the decade.
“This is not the time for delay but a time for action because if we fall behind -- if we make a mistake -- we may never catch up, and the consequences could shift the balance of power here on Earth,” Isaacman told the committee.
Cruz agreed. “NASA cannot take its eyes off the ball,” he said, referring to China's looming moon plans. “The United States must remain the unquestioned leader in space exploration."
Isaacman was within days of being confirmed by the Senate as NASA’s 15th administrator when Trump pulled his nomination in May. The move came soon after Trump's falling out with SpaceX's Elon Musk. The president renominated Isaacman last month.
Cruz said Isaacman's second appearance “feels a bit like Groundhog Day” and hopes to have him confirmed by the end of the year.
In response to questioning by senators, Issacman described both the moon and Mars as priorities for exploration by U.S. crews, with parallel efforts underway. He said he supports Duffy's recent move to reopen the contract for the lunar lander needed for the first touchdown by astronauts under NASA's Artemis program.
Elon Musk's SpaceX won the original crew lunar lander contract with Starship, but the mega rocket remains in flight testing. Jeff Bezos' Blue Origin is hustling to gain the lead with its Blue Moon landers; a prototype is due to launch early next year.
Isaacman assured the senators that NASA will go with the first company capable of delivering U.S. astronauts to the lunar surface. “The best thing for SpaceX is a Blue Origin right on their heels, and vice versa,” he said. He also supports competition among world powers — “just as long as we don't lose.”
The 42-year-old founder of the payment processing company Shift4 performed the world's first private spacewalk last fall. He bankrolled both of his spaceflights. Several astronauts were present for the hearing, including some of Isaacman’s own crewmates.
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Jared Isaacman, President Donald Trump's pick to be NASA Administrator, stands before a hearing of the Senate Commerce, Science, and Transportation Committee on Capitol Hill, Wednesday, Dec. 3, 2025, in Washington. (AP Photo/Mark Schiefelbein)
Jared Isaacman, President Donald Trump's pick to be NASA Administrator, listens during a hearing of the Senate Commerce, Science, and Transportation Committee on Capitol Hill, Wednesday, Dec. 3, 2025, in Washington. (AP Photo/Mark Schiefelbein)
President Donald Trump said U.S. forces will keep hitting Iran “very hard” in the next two or three weeks and bring the country “back to the Stone Ages,” even as he touted the success of U.S. operations and argued that all of Washington’s objectives have so far been met or exceeded.
Trump said Iran would continue to face a barrage of attacks in the short term.
“We are going to hit them extremely hard over the next two to three weeks,” Trump said. “We’re going to bring them back to the Stone Ages, where they belong.”
Trump didn’t say anything about negotiations with Iran or bring up the April 6 deadline he set for Iran to open the Strait of Hormuz, the critical waterway for global oil and gas transport. He has threatened to attack Iran's energy infrastructure if the strait was not reopened.
Trump also did not offer a clear path to end the supply disruptions that have sent energy prices soaring. He did not mention the possibility of sending U.S. ground troops into Iran, or NATO, the trans-Atlantic alliance he has railed against for not helping the U.S. secure the waterway.
Oil rose more than 4% and Asian stocks fell after the comments. Oil prices were sharply higher following Trump’s remarks. Brent crude, the international standard, jumped 4.9% to $106.16 per barrel. Benchmark U.S. crude rose 4% to $104.15 a barrel.
U.S. gas prices jumped past an average of $4 a gallon for the first time since 2022 on Tuesday, as the Iran war continues to push fuel prices higher worldwide. Analysts say those high fuel costs will trickle into groceries as businesses’ transportation and packaging costs pile up.
Here is the latest:
A New York-based think tank said Thursday that U.S. President Donald Trump’s speech suggests he “is willing to leave the Strait of Hormuz off the table, leaving other nations to deal with the consequences.”
“Trump’s message was that the United States can sustain its own economic and energy ecosystem, while countries dependent on regional exports will either have to buy from the United States or manage the Strait themselves,” the Soufan Center wrote.
“While Trump explicitly thanked U.S. allies in the Persian Gulf for their cooperation and allyship, an expedited U.S. withdrawal without securing the Strait will leave many of these countries, whose economies are dependent on energy exports, in the lurch.”
Fuel prices in Thailand soared again on Thursday after the government further cut subsidies, sending diesel price to over 44 baht ($1.35) per liter, about 12% increase.
The surge was the second time in a week, after a majority of fuel prices rose by 6 baht ($0.18) per liter last Thursday.
Democrats are criticizing Trump’s primetime address to the American people on the war in Iran as “incoherent” and as doing little to answer “the most basic questions the American people,” according to statements from two Democratic lawmakers released on Wednesday.
Sen. Mark Warner, D-Va., noted that Trump owed Americans more answers about a conflict that has driven up prices on gas “alongside rising prices for diesel, fertilizer, aluminum, and other essentials, with consequences that will continue to ripple through the economy for a long time to come” in his statement.
Meanwhile, Sen. Chris Murphy, D-Conn., released a statement that said the “speech was grounded in a reality that only exists in Donald Trump’s mind.”
Murphy went on to add that “no one in America, after listening to that speech, knows whether we are escalating or deescalating.”
Oil rose more than 4% and Asian stocks fell after U.S. President Donald Trump said in his first national address since the Iran war began that the U.S. will keep hitting Iran very hard.
Trump also said the United States will “finish the job” in Iran and that military operations could wrap up soon.
Tokyo’s Nikkei 225 was down 1.4% to 53,004.81 in early Asia trading on Thursday. South Korea’s Kospi lost 3.4% to 5,292.36. Hong Kong’s Hang Seng fell 0.8% to 25,082.59.
U.S. futures were down more than 0.7%.
Oil prices were sharply higher following Trump’s remarks. Brent crude, the international standard, jumped 5% to $106.22 per barrel. Benchmark U.S. crude rose 4.2% to $104.36 a barrel.
Members of civic groups hold signs against the U.S. and Israel attacks on Iran near the U.S. Embassy in Seoul, South Korea, Wednesday, April 1, 2026. (AP Photo/Lee Jin-man)
Israel's rescue teams and residents take shelter as sirens sounds next to a site struck by an Iranian missile in Bnei Brak, Wednesday, April 1, 2026. (AP Photo/Oded Balilty)
A family who fled Israeli shelling in southern Lebanon warm themselves by a bonfire next to tents used as shelters in Beirut, Lebanon, Tuesday, March 31, 2026. (AP Photo/Emilio Morenatti)
People stand near a damaged van beside scattered debris following an Israeli strike in Beirut, Lebanon, Wednesday, April 1, 2026. (AP Photo/Hassan Ammar)
A firefighter extinguishes a car at the site of Israeli airstrikes, in Beirut, Lebanon, Wednesday, April 1, 2026. (AP Photo/Hussein Malla)
