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Jeanine Hurst
This message comes from NPR sponsor Shopify. Start selling with Shopify today. Whether you're a garage entrepreneur or IPO ready, Shopify is the only tool you need to start, run and grow your business without the struggle. Go to shopify.com NPR LIVE from NPR News. In Washington, I'm Jeanine Hurst. President Trump's nominee to fill a vacancy on the Federal Reserve says he doesn't plan to leave his position as chair of the White House Council of Economic Advisers if he gets the job at his Senate banking confirmation hearing. Stephen Myron says there's precedent for his decision.
Stephen Thompson
I have received advice from council that what is required is an unpaid leave of absence from the Council of Economic Advisors. And so considering the term for which I'm being nominated is a little bit more than four months, that is what I will be taking.
Jeanine Hurst
But Democratic Senator Jack Reid, a member of the committee, slammed the idea you're.
Rob Stein
Going to be employee of the president of the United States on Lee so he can call you up in his capacity as president, said here, I want you to do this, this and this. Well, I guess I have to do it since I'm an employee of the president. That is absolutely ridiculous.
Jeanine Hurst
Trump nominated Myron last month to finish out the term of former Fed governor Adriana Kugler's 14 year term, which ends in January. Two former top officials at the National Institutes of Health have filed a whistleblower complaint charging the Trump administration retaliated against them for resisting attempts to undermine vaccines and other scientific research. NPR's Rob Stein has more.
Rob Stein
The former director of the NIH's National Institute of Allergy and Infectious Diseases, Dr. Jean Marrazo, filed the complaint along with the former director of the NIH's Fogerty International Center, Dr. Kathleen Nuzil. In the filing with the independent Office of Special Counsel, the pair charged the Trump administration illegally retaliated against them for pushing back against the cancellation of critical research, politicizing scientific studies and taking hostile moves against vaccines. In a statement, HHS spokesman Andrew Nixon defended the administration's actions. Rob Stein, NPR News.
Jeanine Hurst
Silicon Valley's top executives will be heading to the White House tonight for a dinner with the president. As NPR's Bobby Allen reports, it comes as the Trump administration pursues multiple antitrust cases against big tech.
Bobby Allen
Meta's Mark Zuckerberg, Apple's Tim Cook and Google's Sundar Pichai are set to join President Trump. It's a photo op. The industry wants regulation wary tech leaders playing nice with the Trump administration in federal courts around the country. The administration's tone is far more combative. Trump's federal agencies are pressing on with cases against Meta, Apple, Google and Amazon, seeking to rein in big tech's market power. Some analysts have asked, what exactly is the tech industry getting by cozying up to the Trump administration? One person who won't be asked that is billionaire Elon Musk, the former White House advisor who was not invited to the dinner. Bobby Allen, NPR News, Wall street higher.
Jeanine Hurst
By the closing bell. The Dow up 350 points, Nasdaq up 209. That's up 1%. The S&P 500 up 53. You're listening to NPR News. There's a flood of new music on this Week's Billboard charts. NPR's Stephen Thompson brings us some of the highlights this week.
Stephen Thompson
Four new albums crack the Billboard top 10 for the first time, led by the K pop boy band Straigh Kids at number one. Three very different albums round out this week's top ten debuts. Rapper Big X the Plug has a country album. There's a new record by the hard rock band Deftones. And though you don't usually hear her immediately after Deftones, the singer Levi scores her first ever top 10 album.
Jeanine Hurst
Oh, what a curse it is to be a lover girl.
Stephen Thompson
Stephen Thompson, NPR News.
Jeanine Hurst
Legendary fashion designer Giorgio Armani has died. No cause of death was given, but he had been sick for some time and canceled his appearance at Milan's Men's Fashion Week in June. That was the first time he missed one of his catwalk events. Armani founded his company in 1975, and three years later, he designed the outfit Diane Keaton wore to the Oscars in 1978, when she won best actress for her role in Annie Hall. But his breakout? That came in 1980, when he designed the suits actor Richard Gere wore in American Gigolo. After that, his company expanded into a global empire, selling everything from haute couture to streetwear to eyeglasses, shoes and Housewares. He was 91 years old. This is NPR.
Stephen Thompson
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Date: September 4, 2025 | Duration: 5 minutes
Host: Jeanine Hurst
This edition of NPR News Now delivers a concise roundup of the day’s biggest headlines as of 6PM EDT. Key topics include a contentious Federal Reserve nomination, whistleblower complaints from former NIH officials, Silicon Valley’s tense relationship with the Trump administration, a Wall Street update, notable movements in the Billboard charts, and the death of renowned designer Giorgio Armani.
"I have received advice from counsel that what is required is an unpaid leave of absence from the Council of Economic Advisors. And so considering the term for which I'm being nominated is a little bit more than four months, that is what I will be taking."
(Stephen Myron, 00:36)
"You're going to be employee of the president of the United States only so he can call you up in his capacity as president, say here, I want you to do this, this and this. ...That is absolutely ridiculous."
(Senator Jack Reid, 00:55)
"The industry wants regulation-wary tech leaders playing nice with the Trump administration; in federal courts around the country, the administration's tone is far more combative."
(Bobby Allen, 02:27)
"One person who won't be asked that is billionaire Elon Musk, the former White House advisor who was not invited to the dinner."
(Bobby Allen, 03:01)
"Four new albums crack the Billboard top 10 for the first time, led by the K-pop boy band Straigh Kids at number one."
(Stephen Thompson, 03:25)
Myron on Federal Reserve Nomination:
"I have received advice from counsel that what is required is an unpaid leave of absence from the Council of Economic Advisors."
(Stephen Myron, 00:36)
Senator Reid’s Critique:
"That is absolutely ridiculous."
(Senator Jack Reid, 00:55)
Bobby Allen on Tech-White House Relations:
"The industry wants regulation-wary tech leaders playing nice with the Trump administration..."
(Bobby Allen, 02:27)
This summary provides a detailed yet streamlined view of the 6PM edition of NPR News Now on September 4, 2025, capturing both breaking news and cultural highlights with attributed quotes and key time markers.