Tonight on The Last Word: Iran reportedly offers the U.S. a deal to open the Strait of Hormuz. Plus, Republican lawmakers back Trump's White House Ballroom plans. And a new book by Nicholas Enrich details USAID's dismantling under Trump and Elon Musk. Sen. Adam Schiff, Garrett Graff, Rep. Brendan Boyle, and Nicholas Enrich join Lawrence O'Donnell.

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