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Chapter 1: What are President Trump's remarks on Iran's negotiation efforts?
Live from NPR News, I'm Lakshmi Singh. President Trump says Iran is intent on making a deal to end the war, but adds they are, quote, negotiating on fumes. NPR's Mara Lyson has more on Trump's remarks during his lengthy cabinet meeting today.
The threat was a familiar one from President Trump. Either Iran, quote, gives us what we want, or we'll finish them off. The president and his party are under pressure to end the war, which has sent gas prices soaring. That's hurt Republican candidates in the midterm elections.
But when the president was asked why he hadn't moved faster to end the war, given the financial pain it's causing Americans, he said this.
I don't care about the midterms.
The president also laid out another red line for Iran. He says he wants the Strait of Hormuz to be open without any tolls. He said the strait was international waters that no single country should control. Mara Liason, NPR News.
The president is supporting prediction market companies in their fight with state gambling regulators. NPR's Bobby Allen reports Trump's family has come under increased scrutiny over its ties to the industry.
Trump wrote in a Truth Social post that companies like Cauchy and Polymarket will thrive under his leadership. He wrote, quote, We are setting the rules of the road that are the gold standard for the states. before disparaging the governors of several states that have tried to rein in the companies.
Trump in his second term has embraced the prediction market industry, where people bet billions of dollars a week on sports, elections, news events, and federal policy. The administration has rolled back regulations and sued states that have attempted to apply gambling laws to the sites.
Trump's son, Donald Trump Jr., is an advisor to Cauchy and Polymarket, and his venture capital firm, 1789 Capital, is a major Polymarket investor. Bobby Allen, NPR News.
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Chapter 2: How is Trump's administration addressing prediction market companies?
Senate just lost his primary to a challenger backed by President Trump. Now Democrats are more hopeful than ever that they can flip the seat in November. We'll break down the stakes for Texas and the balance of power in Congress on the NPR Politics Podcast. Listen on the NPR app or wherever you get your podcasts.