NPR News: 03-17-2025 12PM EDT

Summary

NPR News Now: March 17, 2025, 12 PM EDT Summary

Hosted by Lakshmi Singh, NPR News Now delivers the latest news in five minutes, updating hourly to keep listeners informed on crucial developments.

---

1. Presidential Deportations and the Alien Enemies Act

Timestamp: [00:17]

Key Points:

• President Trump's Stance: When questioned about potential violations of a temporary restraining order concerning the recent deportation of Venezuelans, President Trump defers to his lawyers. He defends the use of the Alien Enemies Act, historically reserved for wartime, asserting that the situation qualifies as a form of war.

Notable Quote:

• "What he called criminals had invaded the U.S., so in that sense, it is war." – President Trump ([00:37])

ACLU's Reaction:

• Adrian Florido reports that the ACLU is staunchly opposing the Trump administration's appeal against the judge's temporary block on deportations. The ACLU warns against the dangerous precedent of invoking wartime authorities during peacetime, emphasizing the significant risks to civil liberties.

Notable Quote:

• "There is a huge danger in allowing the president to invoke wartime authorities during peacetime, that it sets a dangerous precedent." – Adrian Florido, American Civil Liberties Union ([00:53])

---

2. President Trump's Engagement with the Kennedy Center and Arts Policy

Timestamp: [01:08]

Key Points:

• Diplomatic Endeavors: President Trump announces plans to speak with Russian President Vladimir Putin with the aim of ending the ongoing war between Russia and Ukraine.

• Kennedy Center Involvement: Transitioning to domestic affairs, Trump reveals his intention to visit the Kennedy Center and take a more active role in its programs, following a series of board changes.

Elizabeth Blair’s Report:

• Elizabeth Blair details Trump's replacement of the Kennedy Center's board chair, David Rubenstein, and other board members whom he deemed not aligned with his vision for the arts. Despite these changes, Trump has historically abstained from attending major events like the Kennedy Center Honors.

Notable Quote:

• "He will propose changes to the advisory committee that selects honorees." – Elizabeth Blair, NPR News ([01:31])

---

3. Federal Reserve's Monetary Policy Amid Economic Turmoil

Timestamp: [02:06]

Key Points:

• Interest Rates: The Federal Reserve is anticipated to maintain current interest rates during its upcoming policy meeting, marking the second consecutive pause this year.

• Inflation Concerns: Persistent inflation remains a primary concern for policymakers, exacerbated by President Trump’s imposition of a 25% tariff on steel and aluminum imports. The resultant retaliation from the European Union and Canada threatens to heighten costs, complicating the Fed’s efforts to control inflation.

Rafael Naem’s Analysis:

• Rafael Naem highlights the delicate balance the Fed must maintain amid Trump's aggressive tariff policies, which could undermine economic stability by making imports more expensive and further inflating prices.

Notable Quote:

• "It's all the invisible extras without the extra cost." – Rafael Naem, NPR News ([02:17])

---

4. Market Updates: Wall Street Performance

Timestamp: [03:01] & [04:42]

Key Points:

• Dow Jones Industrial Average: Closed up by 190 points, reaching 41,681, reflecting a nearly half-percent increase.

• Other Indices: The Nasdaq experienced a decline of 61 points, while the S&P advanced by 9 points.

Lakshmi Singh’s Summary:

• Lakshmi Singh provides a succinct overview of the stock market’s performance, noting the contrasting movements among the major indices.

---

5. U.S. Retail Sales and Economic Indicators

Timestamp: [03:01]

Key Points:

• Retail Performance: February saw a modest growth in retail sales at 0.2%, surpassing January's revised 1.2% decline. However, the sluggish growth rate has raised alarms about the broader impact of Trump's economic policies, particularly tariffs, on consumers and businesses.

Economic Implications:

• The slower-than-expected retail growth suggests potential consumer strain and business hesitancy amid rising costs due to international trade tensions.

---

6. NCAA Division I Men's Basketball Tournament: SEC Dominance

Timestamp: [03:31] to [04:02]

Key Points:

• SEC’s Record: The Southeastern Conference (SEC) secures a historic 14-team presence in the NCAA Division I Men's Basketball tournament, marking a new high.

• Team Highlights: Auburn Tigers enter as the top overall seed, boasting only five losses this season. Other prominent SEC teams include Duke, Houston, and Florida, all seeded as number one.

Becky Sullivan’s Report:

• Becky Sullivan underscores the SEC's expanding influence in college basketball, mirroring its traditional dominance in college football. She highlights the competitive landscape, noting mixed records from other renowned programs like Kansas, UConn, and North Carolina.

Notable Quote:

• "College sports fans are used to the SEC dominating college football, but now the conference is dominating men's college basketball, too." – Becky Sullivan, NPR News ([04:02])

---

7. Consumer Behavior Amid Economic Policies

Timestamp: [03:01]

Key Points:

• Spending Trends: U.S. consumers exhibited slowed spending growth in February, indicating potential caution due to economic uncertainties.

• Economic Concerns: The interplay between retail performance and the Trump administration’s tariffs suggests a complex environment where protective trade measures may be impacting domestic consumption and business operations.

---

Final Market Overview by Lakshmi Singh:

• Lakshmi Singh wraps up the segment by reiterating the day's stock market standings, emphasizing the mixed performance across different indices.

---

This summary encapsulates the pivotal discussions and insights from NPR News Now's episode released on March 17, 2025. For the most current updates, listeners are encouraged to tune into NPR regularly.

Transcript

[Amazon Business]

This message comes from Amazon Business. Free your team from time consuming office tasks with smart business Buying tools enable buyers to find and purchase items fast. Learn more about the technology, insights and Support [e-mail].

[Lakshmi Singh]

Live from NPR News, I'm Lakshmi Singh. President Trump is deferring questions to his lawyers when asked whether his administration has violated a temporary restraining order for the deportation of Venezuelans over the weekend. Overnight on Air Force One, Trump was asked whether it was appropriate to use the Alien Enemies act for the deportations, given that it had only ever been used during wars. Trump argued what he called criminals had invaded the U.S. so he says, in that sense, it is war. NPR's Adrian Florido has a reaction from the American Civil Liberties Union.

[Adrian Florido]

The Trump administration has appealed the judge's order temporarily blocking deportations under the law. The ACLU says it'll fight this vigorously. They insist there is huge danger in allowing the president to invoke wartime authorities during peacetime, that it sets a dangerous precedent.

[Lakshmi Singh]

NPR's Adrian Flori the reporting. Also in Air Force One, President Trump disclosed that he plans to speak with Russian President Vladimir Putin tomorrow as the president pursues an end to war between Russia and Ukraine. The president will visit the Kennedy center this afternoon. Chair of the Performing Arts Center's board, Trump plans to get more involved in its programs. Here's NPR's Elizabeth Blair.

[Elizabeth Blair]

Not long after taking office, President Trump ousted board chair and major donor David Rubenstein and eventually landed the job himself. He also ousted board members selected by President Biden because he said they didn't share his, quote, vision for a golden age of arts and culture in his first term. Trump did not attend events at the Kennedy center, including the Kennedy Center Honors. Past honorees include George Clooney, Rita Moreno and Barry Gordy. At today's board meeting, the New York Times is reporting he will propose changes to the advisory committee that selects honorees. Elizabeth Blair, NPR News, Washington.

[Lakshmi Singh]

The Federal Reserve will hold its latest policy meeting this week, and as NPR's Rafael Naum tells us, policymakers are gathering at a time of great turmoil in the markets.

[Rafael Naem]

After cutting interest rates three times last year, the Fed is widely expected to keep them on hold for a second consecutive meeting this year. The main reason is still inflation, inflation which is still a little higher than what the Fed would like. And now there are rising concerns about how President Trump's tariffs will impact the economy. The US has introduced a 25% tariff on steel and aluminum imports, and the European Union and Canada have said they will retaliate. Trump is threatening to impose more tariffs, which is all but certain to make things more expensive, potentially making it a lot harder for the Fed to bring down inflation. Rafael Naem, NPR News.

[Lakshmi Singh]

At last check on Wall street, the Dow Jones industrial average was up 190 points at $41,681. It's up nearly half a percent. From Washington, this is NPR News. U.S. shoppers spent at a slower than expected pace last month at retailers at 0.2%. Growth the commerce Department posted for February was better than the month before. January's were revised downward to reflect a 1.2% decline in retail sales. But last month's gain was lower than anticipated, raising concerns about the impact of President Trump's economic agenda, including tariffs that it's having on American consumers and businesses. The bracket for The NCAA Division 1 Men's College Basketball tournament has been announced. The SEC will send 14 teams to the dance, and NPR's Becky Sullivan reports. That is a new record.

[Becky Sullivan]

College sports fans are used to the SEC dominating college football, but now the conference is dominating men's college basketball, too, including the Auburn Tigers, who are the tournament's top overall seed. Auburn lost five games this season, four of them to teams who were named number one or two seeds. Duke, Houston and Florida are the other one seeds. Some of college basketball's most famous programs had mixed records this season. Kansas and UConn were named 7 and 8 seeds, respectively, and the North Carolina Tar heels are an 11 seed and will have to win a game Tuesday to even reach the round of 64. The first four games tip off Tuesday and Wednesday. Then the round of 64 begins Thursday. Becky Sullivan, NPR News.

[Lakshmi Singh]

Here's where U.S. stocks stand. The Nasdaq is down 61 points, the S&P is up 9, and the Dow is up more than 200 points, or nearly half a percent. I'm Lakshmi Singh, NPR News, in Washington.

[Amazon Business]

This message comes from Warby Parker. What makes a great pair of glasses at Warby Parker? It's all the invisible extras without the extra cost, like free adjustments for life. Find your [e-mail] or visit one of their hundreds of stores around the country.