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Korva Coleman
From NPR News in Washington, I'm Korva Coleman. Wall street markets opened markedly higher this morning following remarks from President Trump. He said he had no intention of firing the head of the Federal Reserve. Investors are also delighted with comments from Treasury Secretary Scott Besant. Yesterday he suggested there needs to be a de escalation of the tariffs between the US And China. Today, Besant addressed the Institute of International Finance in Washington, D.C. he says China should turn away from an economic model that is only focused on exports.
Scott Besant
China needs to change. The country knows it needs to change. Everyone knows it needs to change. And we want to help it change because we need rebalancing, too.
Korva Coleman
There's still enthusiasm on Wall Street. Currently, the Dow Jones Industrial average is up 900 points. The Trump administration is shutting down data collection for a landmark federally funded study about women's health. NPR's Rob Stein has more.
Rob Stein
The Health and Human Services Department is cutting off funding for all the centers that have been collecting data about tens of thousands of women who've been particip participating in the Women's Health Initiative for decades. The project has produced a series of landmark discoveries about women's health, including the risks and benefits of hormone replacement therapy for menopausal women. Scientists say the decision cuts off crucial research at a time when the nation needs to study older women and chronic disease more than ever. Rob Stein, NPR News.
Korva Coleman
Some Democratic lawmakers have visited an immigration detention center in Louisiana to check on two activists detained by the Trump administration. Administration they include former Columbia graduate student Mahmoud Khalil. He led protests against the war in Gaza. The other is Rumeza Ozturk. She's a Tufts University student who was yanked off the street by masked immigration agents. Louisiana Democratic Congressman Troy Carter says the Trump administration wants to deport them, apparently for alleged anti Semitism.
Troy Carter
These individuals exercised their First Amendment right, freedom of speech. In Ramesa's case, she merely wrote an op ed. In the case of Khalil, here's an individual who says clearly in his actions prove that he is not anti Semitic. He merely wants peace for his homeland.
Korva Coleman
He spoke to NPR's Morning Edition. Officials from several countries are meeting in London to discuss potential peace steps in Ukraine, but these talks have been downgraded from a high level. Yesterday, Secretary of State Marco Rubio pulled out of the conference. The State Department cited logistical issues. Meanwhile, Vice President Vance said today the US has given Ukrainians and Russians a proposal about ending the war. He says it's time for both of them to say yes, or the U.S. will walk away from the process. You're listening to NPR. Public viewing of the body of Pope Francis has begun.
Pope Francis
Dominum deprecated.
Korva Coleman
The pontiff's body is lying in State in St. Peter's Basilica. In the Vatican, the Roman Catholic College of Cardinals has begun several days of mourning for the pope, who died Monday at the age of 88. The funeral for the pontiff will be this Saturday. World leaders are planning on attending, including President Trump and first lady Melania Trump. Around the world, coral reefs are suffering from the worst bleaching event on record. As NPR's Jacob Fensten tells us, 84% of the planet's reefs are affected. From Florida to Fiji, coral reefs are.
Jacob Fenston
Intricate and important ecosystems, brightly colored due to algae living symbiotically inside them. But when oceans are too warm, the algae release toxins, causing the coral to kick them out, turning reefs white. Last year was the earth's hottest on record, driven by the burning of fossil fuels, according to the International Coral Reef Initiative. The current bleaching event started in early 2023, and it's unknown when it will end. Coral can recover from bleaching if ocean temperatures drop soon enough, but bleaching is often deadly. In 2005, the US lost half its reefs in the Caribbean due to a mass bleaching event. Coral reefs are valuable, protecting shorelines from erosion and sustaining fishing and tourism industries worth billions of dollars. Jacob Fenston, NPR News On Wall street.
Korva Coleman
The dow's now up 950 points. You're listening to NPR.
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NPR News Now: Episode Summary – April 23, 2025
Host: Korva Coleman | Release Date: April 23, 2025
At the heart of today's financial optimism, the Dow Jones Industrial Average surged by 900 points shortly after the market opened, reflecting investor confidence influenced by recent political statements. President Donald Trump's assurance that he "has no intention of firing the head of the Federal Reserve" (00:16) provided stability to Wall Street. Additionally, Treasury Secretary Scott Besant's remarks on de-escalating tariffs between the U.S. and China further bolstered market sentiments.
Notable Quote:
"China needs to change. The country knows it needs to change. Everyone knows it needs to change. And we want to help it change because we need rebalancing, too." — Scott Besant (00:48)
By mid-morning, the Dow had climbed to 950 points, underscoring sustained enthusiasm among investors (04:50).
Treasury Secretary Scott Besant delivered a pivotal speech at the Institute of International Finance in Washington, D.C., advocating for a shift in China's export-focused economic model. Besant emphasized the necessity for economic rebalancing, signaling potential policy adjustments that investors interpreted positively.
In a significant policy move, the Trump administration has halted funding for the Women's Health Initiative, a federally funded study dedicated to women's health spanning decades. NPR's Rob Stein reports that the Health and Human Services Department ceased financial support for centers collecting data from tens of thousands of women participating in the initiative (01:16). This decision halts research that has been instrumental in understanding hormone replacement therapy's effects on menopausal women, among other critical health insights.
Implications: Scientists warn that discontinuing this research comes at a crucial time when understanding chronic diseases and aging in women is more important than ever, potentially stalling advancements in women's healthcare.
In response to the Trump administration's immigration policies, Democratic lawmakers visited a detention center in Louisiana to investigate the cases of two activists: Mahmoud Khalil and Rumeza Ozturk. Khalil, a former Columbia graduate student and protest leader against the Gaza war, along with Ozturk, a Tufts University student detained while protesting on the streets, face potential deportation on allegations of anti-Semitism.
Notable Quote:
"These individuals exercised their First Amendment right, freedom of speech. In Rumeza's case, she merely wrote an op-ed. In the case of Khalil, here's an individual who says clearly in his actions prove that he is not anti-Semitic. He merely wants peace for his homeland." — Congressman Troy Carter (02:21)
Carter criticized the administration's actions, highlighting the activists' commitment to peaceful expression and questioning the validity of the anti-Semitism allegations.
Efforts to negotiate peace in Ukraine have faced setbacks as high-level discussions in London lose momentum. Secretary of State Marco Rubio withdrew from the conference yesterday, citing logistical issues, thereby downgrading the talks' status. In a statement today, Vice President Vance announced that the U.S. has extended a proposal to both Ukrainians and Russians to end the conflict, asserting that acceptance is crucial, or the U.S. will withdraw from the peace process.
The world is in mourning as the body of Pope Francis lies in State at St. Peter's Basilica. The Roman Catholic College of Cardinals has initiated several days of mourning following the pontiff's passing on Monday at the age of 88. Plans for Pope Francis's funeral are set for this Saturday, with world leaders, including President Trump and First Lady Melania Trump, expected to attend.
Notable Moment: A public viewing ceremony began with the exhortation "Dominum deprecated" uttered by Pope Francis's body (03:19).
Coral reefs worldwide are experiencing unprecedented bleaching events, with 84% of reefs affected as reported by NPR's Jacob Fensten. From Florida to Fiji, intricate ecosystems are deteriorating due to elevated ocean temperatures caused by climate change.
Key Points:
NPR News Now provides a concise yet comprehensive overview of the day's most pressing issues, ensuring listeners are well-informed on the latest developments across various sectors.