US Senate Minority Leader Chuck Schumer urged President Donald Trump to immediately disclose the full details of the newly announced US-Iran peace agreement to Congress and the public, saying Americans deserve transparency after prior disappointments over the conflict’s end [1, 2, 3]. "The American people need to know exactly what's in the deal. Trump must brief Congress and the public on the details of his understanding with Iran immediately and end this war once and for all," Schumer said [1]. He questioned whether American troops will remain in harm's way and challenged the administration's ability to meet its stated goals [1].

Schumer also warned that Iran’s regime appears more radical than before and that Tehran's influence over the strategically vital Strait of Hormuz has grown [1, 2, 3]. President Trump has asserted the Strait of Hormuz is "already partially" open and is expected to be "completely opened" by Friday, when the signing ceremony takes place in Switzerland [2]. However, Iranian sources reportedly insist on adding a "maritime services" fee, contradicting Trump's claim that the Strait would be "permanently toll free" [1].

Vice President JD Vance described the Memorandum of Understanding (MoU) as a broad framework document about "one and a half pages" long, setting the stage for future technical negotiations [3]. The agreement includes a 60-day negotiation window after the signing to address issues such as sanctions relief and nuclear program curbs [1, 3]. Vance said Iran could gain access to reconstruction funds up to $300 billion, provided they honor their obligations, with the money to be supplied by a Gulf coast coalition [1].

US Senate Majority Leader John Thune said he did not yet have enough information to judge the agreement and called for a briefing before the deal is finalized [3]. Israeli forces remain deployed in southern Lebanon, but Israeli officials have so far declined to comment on the US-Iran deal [1].

The signing ceremony is scheduled for Friday, June 19, 2026, in Switzerland, where the MoU is expected to be formally agreed upon [1, 2, 3]. President Trump said the text of the agreement would be released "sometime after Friday," though Senate leaders have pressed for earlier transparency [2, 3].