Hoover Daily Report | October 1, 2025

Today, H.R. McMaster explores the intent of a rare gathering of all of America’s flag officers in a Quantico, Virginia, Marine base auditorium to hear from Defense Secretary Pete Hegseth. Glenn Tiffert and Kevin Gamache find there is an increasing amount of US-Iranian research cooperation occurring today, even as Iran launches increasingly sophisticated cyberattacks on global research institutions. And scholars from Hoover’s Financial Regulation Working Group launch a landmark collaboration with the European Central Bank to predict what may cause the next global financial crisis.