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Korva Coleman
Live from NPR News in Washington, I'm Korva Coleman. The Senate Banking Committee holds a hearing today on President Trump's latest nominee for a seat on the Federal Reserve Board. NPR's Scott Horsley reports that the hearing comes at a sensitive time for the central bank.
Scott Horsley
Trump has tapped White House economic adviser Stephen Myron to fill a short term vacancy on the Fed board. If confirmed, Myron would take the place of Adriana Kugler, who stepped down last month. Trump is also trying to free up another seat on the board by firing Fed Governor Lisa Cook. The president and his allies have accused Cook of making a false statement on a mortgage application. Cook has not been charged and she's gone to court in an effort to keep her job. If the president is successful in replacing Cook, a majority of Fed governors would be Trump appointees. Trump has repeatedly demanded that the central bank lower interest rates, even though by law the Fed is supposed to be insulated from that kind of political pressure. Scott Horsley, NPR News, Washington.
Korva Coleman
Health Secretary Robert F. Kennedy, Jr. Is set to testify before the Senate Finance Committee today. He's likely to be asked about some promises he made during his confirmation hearing this year and is broken. For example, Kennedy promised not to change the makeup of a major federal vaccine advisory panel. Instead, Kennedy fired everyone on it. Louisiana's governor says he'll welcome National Guard troops if they're sent to New Orleans. From member station wwno, Aubrey Juhas reports. The reaction from city officials has been mixed.
Oprah Yuhas
Crime in New Orleans spiked during the pandemic but has since fallen, and the city's on pace to log a historic 50 year low in murders. This year. City officials noted that decline. They thanked the federal government for its past help, including after January's terrorist attack, but didn't say whether they support the president's current offer. Council member Helena Moreno, the frontrunner in the race to be New Orleans next mayor, said in a statement she will fight to prevent any federal takeover of New Orleans and said Trump's offer was about scare tactics and politicizing public safety. On X, Louisiana's Governor Jeff Landry said he welcomes the president's help not just in the city, but anywhere in the state. For NPR News, I'm Oprah Yuhas in New Orleans.
Korva Coleman
The Texas Senate has passed a bill calling for one of the country's strictest crackdowns on abortion pills. From member station KUT in Austin, Olivia Aldridge reports.
Olivia Aldridge
Texas already has a near total ban on abortion. The newly passed bill aims to curb the practice of out of state doctors prescribing abortion pills to Texas residents and sending them through the mail. State Senator Brian Hughes championed the bill in the Texas Senate.
Brian Hughes
If you manufacture, distribute these drugs and ship them to Texas for the purpose of killing a little unborn baby, harming a mom, you will be held accountable.
Olivia Aldridge
If the governor signs the bill into law, private citizens would be able to sue out of state providers of the pills for $100,000 or more. I'm Olivia Aldridge in Austin.
Korva Coleman
You're listening to NPR News. A bipartisan group of House lawmakers is introducing a bill that would ban lawmakers from trading individual stocks. Supporters say it's intended to address voters worries that lawmakers could engage in insider stock trading. Watchdog groups have questioned members of both parties about personal stock trades. Some have asked if the lawmakers were influenced by information they got privately while serving in Congress. The conservative news outlet Newsmax has sued industry giant Fox News. Newsmax claims that Fox illegally pressured pay TV platforms to keep the smaller channel out of their offerings. NPR's David Folkenflick reports. Fox News rejects the allegations.
David Folkenflick
Newsmax CEO and founder Chris Ruddy tells NPR that Fox has been very effective in exerting what he calls monopoly power. Newsmax is alleging anti competitive actions, saying that Fox had secret or implicit deals that raised the cost to pay TV platforms to carry Newsmax, including requir requirements that those platforms that did so also pay for Fox Business Network or other sister channels. In a statement, Fox says, quote, newsmax cannot sue their way out of their own competitive failures in the marketplace to chase headlines simply because they can't attract viewers. Yet Fox executives traded concerns as the network bled viewers in the aftermath of the 2020 race, with many fans of President Trump turning instead to Newsmax. David Folkenflick, NPR News.
Korva Coleman
The government public affairs network C Span is has reached an agreement with online streamers, YouTube and Hulu. C Span will bring its three channels to the streamers this fall. That includes as part of YouTube's base package lineup for viewers. I'm Korva Coleman, NPR News, in Washington.
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Episode: NPR News: 09-04-2025 7AM EDT
Host: Korva Coleman
Date: September 4, 2025
Length: 5 minutes
This episode provides a brisk and informative update on major headlines: political maneuvering around the Federal Reserve, congressional hearings with Health Secretary Robert F. Kennedy, Jr., public safety debates in New Orleans, a new Texas abortion pill bill, a bipartisan stock trading proposal in Congress, a legal clash between Newsmax and Fox News, and C-SPAN’s streaming expansion.
[00:15–01:09]
Quote (Scott Horsley, 00:54):
"The president and his allies have accused Cook of making a false statement on a mortgage application. Cook has not been charged and she's gone to court in an effort to keep her job. If the president is successful in replacing Cook, a majority of Fed governors would be Trump appointees."
[01:09–01:41]
[01:41–02:21]
Quote (Council member Helena Moreno, 01:57):
"[She] said in a statement she will fight to prevent any federal takeover of New Orleans and said Trump's offer was about scare tactics and politicizing public safety."
[02:21–03:12]
Quote (Brian Hughes, 02:48):
"If you manufacture, distribute these drugs and ship them to Texas for the purpose of killing a little unborn baby, harming a mom, you will be held accountable."
[03:12–03:36]
[03:36–04:35]
Quote (Fox News Statement, read by David Folkenflick, 04:09):
"Newsmax cannot sue their way out of their own competitive failures in the marketplace to chase headlines simply because they can't attract viewers."
[04:35–04:55]
On Federal Reserve Independence ([00:54], Scott Horsley):
"If the president is successful in replacing Cook, a majority of Fed governors would be Trump appointees."
On New Orleans Security ([01:57], Council member Helena Moreno): "She...said Trump's offer was about scare tactics and politicizing public safety."
On Texas Abortion Pill Law ([02:48], Brian Hughes):
"You will be held accountable."
On Newsmax-Fox Lawsuit ([04:09], Fox News via David Folkenflick):
"Newsmax cannot sue their way out of their own competitive failures in the marketplace to chase headlines simply because they can't attract viewers."
For a succinct but thorough overview, this episode covers critical topics in U.S. politics, public health, social policy, market competition, and media, capturing America’s political energy and ongoing debates.