NPR News: 06-27-2025 5AM EDT

Summary

NPR News Now: Episode Summary – June 27, 2025

Supreme Court's Final Day of the Term

On the final day of the U.S. Supreme Court's current term, pivotal cases remained under consideration. Notably, the Court is addressing President Donald Trump's attempt to terminate automatic birthright citizenship. The outcome of this case could have significant implications for immigration policy and citizenship rights in the United States.

Senate Republicans Rework Tax and Spending Bill

Senate Republicans are actively revising their substantial tax cut and spending bill following a setback from the Senate parliamentarian. The parliamentarian ruled that the bill's proposed alterations to how states tax Medicaid providers violate the rules for passing the bill with a simple majority.

NPR's Deidre Walsh reports that GOP leaders are "furiously reworking the language" to address what they describe as a "technical issue" while ensuring the bill still "raises enough money to pay for the tax cuts" (00:51). Adjustments may include modifying the timeline for implementing changes to the Medicaid program and refining other provisions related to nutrition programs and artificial intelligence regulations. Despite these challenges, Republican officials remain optimistic, asserting they can develop a "plan B and move ahead soon" (00:51).

The House has already passed its version of the bill by a narrow margin of one vote, indicating sustained legislative momentum despite the hurdles in the Senate.

Peace Agreement Signed Between Rwanda and the Democratic Republic of the Congo

In a significant diplomatic development, the foreign ministers of Rwanda and the Democratic Republic of the Congo are set to sign a peace agreement today. This milestone aims to foster stability in the tumultuous Great Lakes region.

State Department spokesman Tommy Pigott emphasized the potential positive impact, stating the agreement "could lead to U.S. investments" (01:35). However, concerns remain about the agreement's effectiveness on the ground. A Nobel Peace Prize-winning Congolese doctor welcomed the peace efforts but cautioned that the deal is "vague and could benefit the aggressors with business deals whitewashing their crimes" (01:49).

Michelle Kellerman of NPR highlights the importance of transitioning from "peace on paper" to tangible implementation, underscoring the complexities rooted in historical conflicts such as the Rwandan genocide and ongoing struggles over the region's mineral wealth (01:41; 01:49).

Closing Arguments in Sean "Diddy" Combs' Trial

The trial of hip-hop mogul Sean "Diddy" Combs has entered its closing arguments phase in New York, with prosecutors presenting a case alleging sex trafficking and racketeering conspiracy.

Prosecutor Kristi Slavik meticulously connected various pieces of evidence, explaining to the jury that conviction on sex trafficking charges requires belief that Combs "sexually coerced each alleged victim once" (02:31). She detailed testimonies from Combs' ex-girlfriends, who claimed they felt pressured to engage in encounters with male sex workers. Additionally, Slavik outlined eight specific crimes under racketeering conspiracy, including arson, kidnapping, and bribery, asserting that Combs and his associates must be proven to have agreed to commit at least two of these crimes to secure a conviction (02:31).

NPR's Isabella Gomez Sarmiento provides comprehensive coverage of the trial's progression, highlighting the gravity of the charges and the meticulous nature of the prosecution's case (02:16).

US-China Trade Agreement Announced

President Donald Trump announced that the United States and China have successfully signed a trade agreement, aiming to ease tensions and foster economic cooperation between the two superpowers. Commerce Secretary Howard Lutnick confirmed the deal was finalized earlier in the week during an interview with Bloomberg TV (03:11).

In parallel, China's Commerce Ministry stated that both nations "confirmed additional details of a framework for a trade deal," suggesting ongoing negotiations to solidify the agreement's specifics. This development marks a pivotal step in US-China relations, potentially paving the way for increased trade and investment opportunities.

Nike Reports Sharp Decline in Quarterly Earnings

Global athletic apparel leader Nike is undergoing a challenging turnaround, reporting a dramatic 68% fall in quarterly earnings alongside a 12% decline in sales. NPR's Alina Selyuk explores the factors contributing to Nike's financial struggles and the company's efforts to recover.

Nike has faced declining sales due to issues such as repetitive sneaker designs and costly missteps in attempting to limit the availability of certain shoe models to retail stores. In response, the company appointed a new CEO from within, bringing fresh leadership to steer the company back to profitability. The CEO outlined a "clear path to recovery," which involves offloading outdated inventory, launching innovative designs, and investing heavily in marketing (03:50).

Additionally, Nike has repaired its business relationships with key partners like Dick's Sporting Goods, Foot Locker, and Amazon. Despite predicting a continued decline in sales for the current quarter, the anticipated reduction is expected to be "a lot smaller than before," which has positively influenced Nike's stock price (03:50).

Wall Street Closes Near Record Highs

Despite the mixed economic news, Wall Street closed on a positive note. The S&P 500 rose by 48 points, nearing a record high with a closing value of 4,041 (04:32). The Dow Jones Industrial Average added 404 points, while the Nasdaq surged by 194 points, reflecting investor confidence in the stock market amidst the day's developments.

Dave Mattingly of NPR reports that this uptick follows a day of gains, signaling resilience in the financial markets despite ongoing political and economic challenges (04:32).

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This comprehensive summary encapsulates the key discussions and insights from the June 27, 2025, episode of NPR News Now, providing a clear and engaging overview for listeners and those who may have missed the broadcast.

Transcript

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[Dave Mattingly]

Live from NPR News in Washington, I'm Dave Mattingly. This is the final day of the U.S. supreme Court's current term. Cases still before the high court include President Trump's attempt to end automatic birthright citizenship. Senate Republicans are reworking some of the massive tax cut and spending bill now before lawmakers. This after the Senate parliamentarian said the bill's proposed changes to how states can tax Medicaid providers does not adhere to rules for passing the bill with a simple majority. NPR's Deidre Walsh has more on what the GOP is doing.

[Deidre Walsh]

They are furiously reworking the language. They argue it's a technical issue and it can be adjusted in a way that it will still be allowed and will still raise enough money to pay for the tax cuts. They may have to adjust the timeline for when some of these changes to the Medicaid program go into effect. There are other provisions that are still being vetted, too. You know, one that deals with changes to nutrition programs. One deals with regulations for artificial intelligence. Republicans I talked to say they think they can come up with a plan B and move ahead soon.

[Dave Mattingly]

That's NPR's Deidre Walsh. The House passed its version of the bill by one vote. Later today, the foreign ministers of Rwanda and the Democratic Republic of the Congo are expected to sign a peace agreement. In Washington, here's NPR's Michelle Kellerman.

[Tommy Pigott]

State Department spokesman Tommy Pigott calls it a big deal that could lead to U.S. investments.

[Michelle Kellerman]

This is a significant milestone for peace in the Great Lakes region and a reminder that peace on paper must be matched by implementation on the ground.

[Tommy Pigott]

The war in eastern Congo is a complicated one with roots in the Rwandan genocide and a fight over the region's mineral riches. A Congolese doctor who won the Nobel Peace Prize for his work in treating victims of sexual violence says he welcomes all efforts to seek peace. But he says this deal is vague and could benefit the aggressors with business deals whitewashing their crimes. Michelle Kellerman, NPR News, the State Department.

[Dave Mattingly]

Closing arguments have begun in New York in the trial of hip hop mogul Sean Diddy Combs. Prosecutors have spent weeks presenting evidence that Combs is guilty of sex trafficking and racketeering conspiracy. NPR's Isabella Gomez Sarmiento reports.

[Kristi Slavik]

Prosecutor Kristi Slavik spent hours connecting the dots between all of the victims crimes and evidence presented to the court for the last month and a half. Slavik explained to the jury that in order to convict Combs of sex trafficking, they need to believe he sexually coerced each alleged victim once. She detailed numerous times Combs ex girlfriends testified that they felt pressured by Combs to participate in encounters with male sex workers. Slavic also listed off examples of eight crimes that fall under racketeering conspiracy. They include arson, kidnapping and bribery. Jurors need to believe Combs and his employees agreed to commit two of those crimes to convict him. Isabela Gomez Sarmiento, NPR News.

[Dave Mattingly]

This is NPR News. Without providing details, President Trump says the US And China have signed a trade agreement. Commerce Secretary Howard Lutnick tells Bloomberg TV the deal was signed earlier this week. Earlier today in Beijing, China's Commerce Ministry described the two countries as having confirmed additional details of a framework for a trade deal. Nike is reporting a sharp drop in quarterly earnings. The athletic apparel and equipment company says earnings fell 68% as sales declined 12%. NPR's Alina Selyuk has more.

[Alina Selyuk]

Nike's in the middle of a consequential turnaround. The athletic giant has been losing sales for a long time now thanks to repetitive sneaker designs and cocktail costly missteps trying to hold some of its shoes back from retail stores. Last year, Nike replaced its CEO with a company veteran called out of retirement, and he's now saying there's, quote, a clear path to recovery ahead. For now, Nike is losing money as it offloads its old inventory, jump starts fresher designs and spends big on marketing. But it's mended its deals with Dick's Sporting Goods, Foot Locker and Amazon. And it's predicting that the current quarter will see a decline in sales. The that's a lot smaller than before, which sent Nike's share price up. Alina Seluk, NPR News.

[Dave Mattingly]

Wall street is coming off a day of gains as The S&P 500 closed near a record high. The S And P added 48 points yesterday to close at 61.41. The Dow added 404 points. The Nasdaq gained 194. I'm Dave Mattingley, NPR News, in Washington.

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