NPR News Now: May 19, 2025, 9AM EDT
Host: Korva Coleman
1. Presidential Diplomacy: Trump’s Upcoming Call with Putin
At the outset of today's episode, Korva Coleman reports on an anticipated significant diplomatic interaction: President Donald Trump is scheduled to hold a phone call with Russian President Vladimir Putin within the next hour. Trump expressed optimism about ending Russia's ongoing war in Ukraine, highlighting his continued efforts towards peace.
Charles Maynes adds context to this development, noting that these discussions follow recent peace talks in Istanbul, Turkey, marking the first direct negotiations between Russian and Ukrainian leaders since the conflict began. The talks achieved an agreement for a mass prisoner swap but did not meet Western demands for an immediate 30-day ceasefire. Instead, Russia has maintained military pressure, including launching mass drone attacks over the past weekend.
Notable Quote:
“I’m still hoping to end Russia’s war in Ukraine.” — President Donald Trump (00:17)
2. Devastating Storms Hit Central United States
The central United States faced severe weather over the weekend, resulting in significant loss of life and property. Korva Coleman highlights that powerful storms have claimed at least 28 lives, with Kentucky bearing the brunt of the tragedy, suffering at least 19 fatalities.
Stan Ingold from WEKU reports that the Federal Emergency Management Agency (FEMA) is set to assess the damage in Kentucky today. Governor Andy Beshear acknowledged the severity of the situation, stating:
Notable Quote:
“It’s one of the worst in terms of the loss of human life. It’s one of the worst in terms of damage, and it’s tough.” — Governor Andy Beshear (01:23)
This is Kentucky's third major natural disaster this year, following heavy flooding in February and April. Additionally, Missouri experienced destructive tornadoes, with significant damage reported near St. Louis, including thousands of buildings affected and estimated damages reaching $1 billion. Tornado warnings also emerged in Kansas, where extensive structural damage has been reported.
3. Coinbase Joins the S&P 500: A Milestone for Cryptocurrency
In a landmark event for the cryptocurrency industry, Coinbase is set to be the first crypto exchange to join the S&P 500 index. Korva Coleman introduces this major financial development, with Rafael Nam providing further insights.
Faryar Shirzad, Coinbase’s Chief Policy Officer, describes the inclusion as historic:
Notable Quote:
“I think it’s a historic moment for the industry and it’s a really special moment for Coinbase.” — Faryar Shirzad (02:42)
Shirzad contrasts Coinbase's success with the downfall of FTX two years prior, emphasizing the positive regulatory changes under President Trump's administration, which has adopted a friendlier stance towards crypto. However, he raises concerns about potential conflicts of interest, noting that President Trump has a financial stake in the crypto sector. Consumer advocates remain wary, citing the industry's nascent stage and susceptibility to fraud.
4. Political Tensions: Republicans Advance Budget Amidst Opposition
Republicans have moved to advance a multi-trillion-dollar budget package out of committee and towards a full House vote. Korva Coleman outlines the political clash, with Democrats strongly opposing the package. Democrats argue that the budget proposal will significantly reduce essential social services while simultaneously providing tax cuts to wealthy individuals, sparking intense debate over fiscal priorities and economic equity.
5. President Biden’s Health Update: Prostate Cancer Diagnosis
In a significant health update, Korva Coleman reports that former President Joe Biden has been diagnosed with prostate cancer. According to his office, the cancer has metastasized to the bone. However, it appears to be hormone-sensitive, offering effective management options. Biden's diagnosis came after he experienced pertinent symptoms, and he is expected to undergo treatment that addresses this stage of the disease.
6. Real Estate Commission Reforms: New Rules for Agent Payments
With the spring housing market in full swing, Korva Coleman discusses the recent changes in how real estate agents are compensated. Laurel Wamsley explains that following a settlement with the National Association of Realtors, agents must now inform prospective clients that commission rates are negotiable.
Jim Shau, a homebuyer from Georgia, shares his experience:
Notable Quote:
“When you try to negotiate, you basically just told, nope, that’s, that’s our rate.” — Jim Shau (04:20)
Despite the new regulations, commissions for buyer's agents have remained relatively stable. Shau was able to negotiate a flat fee with his agent, allowing him to save $14,000 for closing costs. Laurel Wamsley emphasizes that consumers should feel empowered to explore payment options beyond traditional commission structures to maximize their financial benefits when purchasing a home.
Conclusion
Today's episode of NPR News Now provided a comprehensive overview of pressing national and international issues, from high-stakes diplomacy and devastating natural disasters to significant financial milestones and political developments. The updates on President Biden's health and the evolving landscape of real estate commissions highlighted the episode's diverse range of topics, offering listeners valuable insights into current events shaping the nation and the world.
This summary has been crafted to encapsulate the key discussions and insights presented during the May 19, 2025, episode of NPR News Now.