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Kristen Wright
In Washington, I'm Kristen Wright. President Trump plans to nominate former central banker Kevin Warsh to be the next chairman of The Federal Reserve. NPR's Scott Horsley reports. Trump announced the decision in a social.
Scott Horsley
Media Trump says Kevin Warsh is central casting for a central banker. The president's hoping Warsh will follow his roadmap to lower interest rates. Walsh previously served on the Fed's governing board from 2006 to 2011. During the financial crisis, he served as liaison between the Fed and Wall street, where he'd worked for Morgan Stanley. Trump has regularly criticized the current Fed chairman, Jerome Powell, for not lowering interest rates more aggressively. The Fed did cut rates three times last fall in an effort to shore up the sagging job market. But with inflation still elevated, the Fed opted to hold its benchmar steady earlier this week. Warsh will likely face questions during his confirmation hearing about whether he'll exercise independent judgment or simply do the president's bidding. Scott Horsley, NPR News, Washington.
Kristen Wright
Senate Democrats and the White House have reached a deal to largely avoid a partial government shutdown. The plan separates five funding bills from a two week stopgap measure to fund the Department of Homeland Security. Democrats will not agree to a longer DHS measure because they want to negotiate possible changes to immigration enforcement. Homeland Security has been under scrutiny since federal agents killed two protesters in Minneapolis this month. Democrats are calling for reforms like body cameras and no face masks for officers. This is House Speaker Mike Johnson.
Mike Johnson
The body cameras is something that everybody embraces. We funded it in the in the current version of the Department of Homeland Security bill. We have $20 million for more body cams. The masking is to protect law enforcement. They're being doxed and attacked and followed around.
Kristen Wright
Government funding expires at midnight. A short term shutdown through at least the weekend is possible until lawmakers in the House and Senate vote. More snow, wind and cold are in the forecast for much of the southeast Ohio Valley and Mid Atlantic this weekend. NPR's Matt Bloom reports. Many people are still dealing with the aftermath of last weekend's winter storm.
Matt Bloom
Brett Tuck runs Brown's Diner in Nashville, Tennessee. He's been without power for almost a week, but he's staying busy, do whatever they can.
Brett Tuck
I'm fortunate we had the food truck that I could at least turn it on and cook with it.
Matt Bloom
He says volunteers brought in generators to help fire up his truck, and he's cooked cheeseburgers and chili dogs for hundreds of people.
Brett Tuck
We made a call to all of our staff and we got some volunteers to come up here and help us get it going. And now we're just grilling as fast as we can to get everybody fed.
Matt Bloom
He and others are preparing for another bitterly cold weekend even as tens of thousands remain without power. And the National Weather Service says several Southeast states could see daily record lows through Saturday. Matt Bloom, NPR News.
Kristen Wright
Temperatures are hovering around freezing in Nashville this morning. You're listening to NPR News. An attorney for independent journalist Don Lemon says he was taken into custody by federal agents last night in Los Angeles. The arrest comes after the former CNN anchor entered a church in Minnesota to cover a protest against government's immigration enforcement tactics in Minneapolis. Lemon's attorney calls the arrest an unprecedented attack on the First Amendment and says Lemon will fight the charges vigorously. The prediction market industry is facing nearly 20 lawsuits over its future in the U.S. as NPR's Bobby Allen reports, critics of the apps say they supercharge gambling addiction.
Bobby Allen
An NPR analysis shows leading prediction market site Kalshi is defending its legal status in nearly 20 federal cases. The app allows people to on sports and things like migrant deportations and what song will kick off Bad Bunny's NFL halftime show. Opponents of the industry say live betting on sports, press conferences and foreign invasions invites insider trading and fuels gambling addiction. But Kaushi's lawyers say it has enough rules regulated under somewhat obscure futures contract laws. With the Trump administration's blessing, many states and Indian tribes are suing the company, claiming it's an unlicensed gambling operation hiding behind clever language. The the Supreme Court could eventually settle the matter. Bobby Allen, NPR News.
Kristen Wright
In the Middle East, Israel says it will reopen Gaza's border crossing with Egypt in the coming days, allowing people to leave and return. Israel will keep the crossing closed for direct aid to enter. That leaves only two openings for relief. This is part of the US Negotiated ceasefire between Israel and Hamas. This is NPR News.
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Scott Horsley
Com.
Host: Kristen Wright, NPR
Date: January 30, 2026
Episode Description: The latest U.S. and world news highlights in five minutes, updated hourly.
This episode of NPR News Now reports key developments in U.S. economic leadership, government funding negotiations, severe winter weather, a high-profile journalist’s arrest, prediction market legal battles, and an update on humanitarian access in Gaza. The episode features concise reports and firsthand accounts, providing listeners with a rapid-fire rundown of major news stories as they unfold.
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Direct, news-driven, and concise—delivering major stories with a sense of urgency and authority.
This summary provides a clear overview of all important news items, highlighting key insights and voices for listeners who missed the episode.