Transcript
Jackson Financial Representative (0:00)
This message comes from Jackson. Seek clarity in retirement planning@jackson.com Jackson is short for Jackson Financial, Inc. Jackson National Life Insurance Co. Lansing, Michigan and Jackson National Life Insurance Co. Of New York Purchase, New York.
Amy Held (0:16)
Live from NPR News. In Washington, I'm Amy Held. An escalation in what the Trump administration calls its counter drug operation. The nation's most advanced aircraft carrier, USS Gerald R. Ford, has arrived in the Caribbean Sea. It's unclear whether the military will be used against Venezuela, but the buildup is seen as a pressure tactic against the Maduro regime. Newly released paperwork shows a former member of the Fed's Board of Governors violated financial transaction ethics rules. NPR's Scott Horsley reports. The board member abruptly resigned three months ago.
Scott Horsley (0:49)
Paperwork released by the Office of Government Ethics shows Adriana Kugler bought and sold individual stocks last year in violation of Fed policy. Some of the transactions took place during so called blackout periods around Fed meetings when trading is even more strictly regulated. The rules are designed to avoid the appearance that Fed officials are trading on inside information. Coogler says the trades were made by her husband without her knowledge. News of the stock trades may explain Coogler's decision to quit the Fed in August, four months before her term expired. Her resignation gave President Trump an early opening to install White House economist Stephen Myron on the Fed board, where Myron has echoed the president's call for more aggressive interest rate cuts. Scott Horsley, NPR News, Washington.
Amy Held (1:31)
A judge has ruled the Trump administration cannot fine the University of California or withhold federal funding based on its discrimination allegations. From member station KQED in San Francisco, Juan Carlos Lara reports.
Juan Carlos Lara (1:46)
The ruling is a victory for faculty, staff and student groups who sued after the administration demanded that CUCLA pay over $1 billion and change campus policies like a ban on gender affirming care for minors to reinstate frozen federal funding. Connie Chan is counsel for some those groups.
Connie Chan (2:04)
The ruling is really significant. It requires the government to refrain from using its pressure tactics to try to coerce the University of California into adopting the administration's preferred ideological views.
Juan Carlos Lara (2:18)
The Department of Justice did not respond to a request for comment. For NPR News, I'm Juan Carlos Lara in San Francisco.
