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NPR News Anchor
Terms apply details@capital1.com Live from NPR News, I'm Giles Snyder. President Trump is on his way to the World Economic Forum in Davos, Switzerland, where he is expected to deliver a speech Wednesday on affordability. But NPR's Mar Eliassen says his effort to take control of Greenland will likely overshadow his remarks.
Mara Liasson
Trump isn't following the strategy as far as affordability is concerned. All anyone is talking about in Europe and in Davos this big business meeting is Greenland, and he's supposed to be going over there to talk about housing. His advisors have promised a pivot to affordability with a lot of new ideas to bring prices down. He didn't speak about any of them today, and he even dismissed again the idea that affordability is a real problem.
NPR News Anchor
NPR's Mara Liasson reporting on the press briefing Trump gave Tuesday at the White House. His trip to Davos, meanwhile, got off to a rocky start. Trump was forced to return to the D.C. area to switch planes when Air Force One developed what the White House said was a minor electrical issue about an hour after takeoff. President Trump has signed an executive order to stop federal agencies from helping Wall street investors buy single family homes. The of majority. The measure says those investors are crowding out first time homebuyers. Trump signed the order ahead of his address in Davos. As NPR's Stephen Psaha reports, the order.
Stephen Psaha
Itself is pretty limited. Trump can't ban the sale of homes to institutional investors with an executive order. But his order does tell several federal agencies that in 60 days they must stop supporting these sales through things like providing insurance or approvals. And it tells his cabinet to review rules to make those purchases harder. Last year, institutional investors only owned about 3% of the single family rental market. But those numbers are much higher in some Sunbelt cities like Atlanta, where it's around 25%. But some economists say that what's driving up the price of housing is not the number of Wall street investors, it's that there aren't enough homes on the market. Stephen Messaha, NPR News.
NPR News Anchor
Some business owners say the presence of federal immigration agents in Minneapolis is hurting their bottom line. Some restaurants have adjusted their operating hours while others have shut down temporarily. NPR's Sergio Martinez Beltran reports.
Sergio Martinez Beltran
In Minneapolis, the restaurants that are open have someone in charge of locking the doors every time a new person comes in. Ricardo Hernandez owns 11 Mexican food restaurants in the city and is doing this to protect the few clients who come in these days. Hernandez says since federal agents descended in Minneapolis six weeks ago, his restaurants have seen 60% less in sales. During the height of the COVID pandemic, his sales only went down by 10%. Hernandez says this is not sustainable. He worries he and other business owners will have to close shop if the more than 2500 immigration agents continue to stay here. Sergio Martinez Beltran, NPR News, Minneapolis.
NPR News Anchor
And you're listening to NPR News. Minnesota Governor Tim Walz is among state and local officials who've been served with grand jury subpoenas. The Justice Department is investigating whether they obstructed or impeded the Trump administration's immigration crackdown in the Twin Cities area. Minnesota Public Radio reports the others receiving subpoenas include Minnesota Attorney General Keith Ellison and the mayors of Minneapolis and St. Paul. The Japanese public broadcaster NHK says the man who admitted to assassinating former Prime Minister SH Abe has been sentenced to life in prison. Abe was fatally shot about three and a half years ago during a campaign event. The Centers for Disease Control and Prevention warning of an outbreak of flesh eating maggots just south of the U.S. border with Mexico. NPR's Ping Huang reports. It mainly affects livestock, but can also infest people.
Ping Huang
It's called New World screwworm, and it's a fly whose babies feed on live tissue. The CDC has issued a health advisory noting that the parasite, which is typically found in South America and the Caribbean, has moved up to Northern Mexic. So far, there are no cases in the US and the risk to the public remains low. But the outbreak, which started in Central America in 2023, has spread to the Mexican state of Tamaulipas, which borders Texas. In this outbreak, more than a thousand people have gotten screwworm and seven have died. It used to be a big problem in the U.S. devastating to livestock until it was eradicated in the 1960s by releasing sterile flies to stop the flies from reproducing. That strategy was used again in 2017 to end a small outbreak among deer in the Florida Key. Ping Huang, NPR News.
NPR News Anchor
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Host: Giles Snyder, NPR
Length: 5 minutes
Theme: Hourly roundup of major U.S. and international news
This fast-paced newscast delivers the top headlines of the hour, covering President Trump's trip to the World Economic Forum in Davos and the political backlash over his Greenland efforts, new executive action on housing, the economic impact of increased federal immigration enforcement in Minneapolis, Minnesota officials subpoenaed in a federal immigration probe, the sentencing of Shinzo Abe’s assassin, and a CDC warning about a parasitic outbreak near the U.S.-Mexico border.
[00:12–00:58]
President Trump travels to the World Economic Forum in Davos, Switzerland, aiming to focus on affordability in his speech.
However, his administration's attempt to take control of Greenland is drawing more attention than the intended affordability agenda.
Trump’s advisors promised a policy "pivot" to address housing prices and affordability, but according to NPR’s Mara Liasson, he did not speak about these issues and dismissed concerns over affordability.
Notable Quote:
"He's supposed to be going over there to talk about housing. His advisors have promised a pivot to affordability with a lot of new ideas to bring prices down. He didn't speak about any of them today, and he even dismissed again the idea that affordability is a real problem."
— Mara Liasson, [00:36]
The president’s journey to Davos was disrupted when Air Force One had to return to D.C. due to a minor electrical issue.
[00:58–02:14]
President Trump signed an executive order to prevent federal agencies from assisting Wall Street investors in purchasing single-family homes.
The measure responds to concerns that institutional investors are crowding out first-time buyers, especially in cities like Atlanta where investor ownership is high.
As NPR’s Stephen Psaha notes, the order has limited impact: it cannot directly ban these sales but does instruct agencies to cut off support (e.g., insurance, approvals) and to review regulations making such purchases harder.
Some economists assert the housing crisis is driven more by a short supply than by investor activity.
Notable Quote:
"Some economists say that what's driving up the price of housing is not the number of Wall street investors, it's that there aren't enough homes on the market."
— Stephen Psaha, [01:59]
[02:14–03:12]
Local businesses in Minneapolis attribute declining sales to a heavy presence of federal immigration agents, now present for six weeks.
Restaurant owner Ricardo Hernandez reports a devastating 60% drop in sales—significantly worse than the 10% fall seen at the height of COVID-19.
Some restaurants have closed or changed operations; for those open, staff lock doors after each new customer to protect clients.
Hernandez expresses fear that continued enforcement could force closures citywide.
Notable Quote:
"Since federal agents descended in Minneapolis six weeks ago, his restaurants have seen 60% less in sales. During the height of the COVID pandemic, his sales only went down by 10%. Hernandez says this is not sustainable."
— Sergio Martinez Beltran, [02:29]
[03:12–03:39]
[03:39–03:52]
[03:52–04:54]
The CDC issues a health advisory about New World screwworm, a fly whose larvae consume live tissue, now spreading in northern Mexico.
The outbreak, ongoing since 2023, has caused over a thousand cases and seven deaths in Mexico—primarily affecting livestock but sometimes humans.
No U.S. cases reported; strategy used in the 1960s and again in 2017 (sterile fly release) had previously eradicated the pest in the U.S.
Notable Quote:
"It's called New World screwworm, and it's a fly whose babies feed on live tissue ... the outbreak, which started in Central America in 2023, has spread to the Mexican state of Tamaulipas, which borders Texas."
— Ping Huang, [04:08]
This summary provides a comprehensive snapshot of major news stories spanning U.S. politics, economics, immigration, global affairs, and public health—ideal for listeners seeking a brisk but substantive update on developments as of January 21, 2026.