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NPR News Now

NPR News: 04-29-2026 2PM EDT

29 Apr 2026

Transcription

Transcript generated automatically by AI and may contain errors.

Chapter 1: What is the main topic discussed in this episode?

1.28 - 4.105 Lakshmi Singh

Live from NPR News, I'm Lakshmi Singh.

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Chapter 2: What is the Pentagon's latest report on the cost of the war with Iran?

4.786 - 17.55 Lakshmi Singh

The Pentagon says the cost of the war with Iran so far is $25 billion. NPR's Quill Lawrence reports Secretary of Defense Pete Hegseth testified today on Capitol Hill.

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17.53 - 37.345 Unknown

Hegseth was defending the administration's proposed $1.45 trillion defense budget with a focus on rebuilding U.S. military industry. But it's the first time he's appeared under oath since the Iran war started. And Democrat Adam Smith asked why President Trump ordered the attack after claiming to have destroyed Iran's nuclear weapons program last year.

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37.325 - 43.731 Pete Hegseth

Well, their nuclear facilities have been obliterated. Underground, they're buried, and we're watching them 24-7.

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43.751 - 54.982 Unknown

We had to start this war, you just said, 60 days ago, because the nuclear weapon was an imminent threat. Now you're saying that it was completely obliterated?

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Chapter 3: What did Secretary of Defense Pete Hegseth testify about the defense budget?

55.002 - 65.172 Unknown

They had not given up their nuclear ambitions. Hicks has said the biggest adversaries are Democrats and some Republicans who are criticizing the war. Quill Lawrence, NPR News.

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65.472 - 87.953 Lakshmi Singh

The Federal Reserve has voted to hold interest rates steady as the war with Iran continues to drive up energy prices. The rate-setting meeting was likely the last one that Jerome Powell will preside over as Fed chairman. This morning, the Senate Banking Committee endorsed President Trump's nominee, Kevin Warsh, to take over as head of the central bank when Powell's term expires next month.

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88.777 - 108.355 Lakshmi Singh

Former FBI Director James Comey made a brief court appearance today in the Washington, D.C. area after he was indicted in North Carolina on charges that he made an online threat on President Trump's life. The Justice Department is homing in on Comey's social media post last year involving seashells arranged in the numbers 8647.

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108.335 - 134.275 Lakshmi Singh

As the DOJ describes it, 86 is slang for rejecting or eliminating, and 47 a reference to Trump as the 47th president. Comey says he did not know the image could be interpreted as a call to violence. British authorities are investigating an attack on the streets of London today as an act of terrorism. NPR's Lauren Frayer reports local police say two Jewish men were stabbed.

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134.558 - 156.175 Unknown

Video shows police tackling a man and tasering him. A Jewish security group says the suspect was running along Golders Green Road trying to stab Jewish people. Witnesses say one of the victims was stabbed outside a shop and another near a synagogue. Police say he tried to stab officers, too. Prime Minister Keir Starmer interrupted Parliament to say this attack.

156.315 - 160.625 Keir Starmer

It is deeply concerning to us. Everyone in this house.

160.645 - 179.398 Unknown

On social media, he called it anti-Semitic and utterly appalling. This incident follows arson attacks in recent weeks on a Jewish ambulance charity and a synagogue. Counterterrorism officials have said they're investigating whether Iranian proxies could be responsible. Lauren Fryer, NPR News, London. This is NPR.

181.437 - 200.087 Lakshmi Singh

the British monarchs on a state visit to the United States. Today, King Charles III and Queen Camilla paid their respects at the National 9-11 Memorial in New York City. They were accompanied by former Mayor Michael Bloomberg, who was elected less than two months after the terrorist attacks, and chairs the board of the 9-11 Memorial and Museum.

201.012 - 220.776 Lakshmi Singh

Former Attorney General Pam Bondi is expected to testify on Capitol Hill next month about the role she played in how the Justice Department handled files related to the late convicted sex offender Jeffrey Epstein. She's slated to testify before the House Oversight Committee May 29th. Members of the panel confirmed that development on X Today.

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