NPR News: 07-14-2026 3PM EDT
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What is the main topic discussed in this episode?
Live from NPR News, I'm Lakshmi Singh.
How has U.S. inflation changed in June and what does the Fed say?
Inflation in the United States has cooled. The 3.5% year-over-year increase posted in June was slower than the annual rate recorded in May. The slowdown happened during a lull in fighting between the U.S. and Iran. Even though attacks have escalated in recent days, Fed Chair Kevin Warsh went to Capitol Hill with a pledge to steer monetary policy toward bringing down inflation.
Now at the Fed...
What did Fed Chair Kevin Warsh tell Congress about fighting inflation?
our number one objective is getting monetary policy right. That's our clear and constant aim, the star we steer by. And if we get policy right, and I can assure you we will, the inflation surge of the last five years will be a thing of the past.
President Trump hosted Iraqi Prime Minister Ali al-Zaidi today during a joint news conference.
Why did President Trump meet Iraq’s prime minister and what was announced about the Strait of Hormuz?
Trump defended a decision to reinstate the U.S. blockade on the Strait of Hormuz as the war with Iran escalated. He also said there would not be a 20 percent toll on ships going through the critical passageway, but. wanted to strike investment deals with other countries in the region. Israel's government has agreed to give more than $2.8 billion in new funding to expand Jewish settlements and build new ones in the occupied West Bank. NPR's Emily Fang has more.
The funding will go to building 12,000 new housing units across the West Bank. And this comes on top of another $1.6 billion in funding announced last month. The West Bank comprises land that was intended for a future state of Palestine. But Israelis have been building settlements there for decades.
How is Israel funding West Bank settlements and what are the implications?
And Israel's far-right finance minister, Bitzel El-Smotrich, has extended more state support for these settlements. Last year, Smotrich revived a controversial settlement project near Jerusalem, which will receive some of the state funding approved this week. And he declared in a statement last year that he, quote, buried the idea of a future Palestinian state by going forward with building Israeli neighborhoods in the West Bank first. Emily Fang, NPR News, Tel Aviv.
The administration's rescinded its effort to freeze $10 billion in social services funding for five Democratic-led states. More from NPR's Jennifer Ludden.
In January, the Trump administration announced a freeze in child care subsidies and cash aid to California, New York, Colorado, Illinois, and Minnesota. Officials pointed to a years-long benefits scandal in Minnesota and claimed there was ongoing fraud in the five states but offered no evidence. The state sued, noting that stopping funds for those programs would hit hard for hundreds of thousands of low-income families. A federal judge had blocked the move. In a letter filed with the court, the Department of Health and Human Services does not explain why it's canceling that freeze. Trump administration officials have repeatedly tried to block social safety net funding and repeatedly faced pushback from courts.
Why did the administration rescind the freeze on $10 billion in social services funding?
Jennifer Ludden, NPR News, Washington.
It's NPR. E. Jane Carroll, the columnist who accused President Trump of sexually assaulting and defaming her, has received a $5.6 million payment from her civil case against Trump. She waited three years after a jury found Trump was liable for damages. The money was held in escrow while the president appealed the award. The International Space Station has new arrivals. An American and two Russians arrived at the orbiting outpost today from Kazakhstan. They will spend eight months at the ISS. We are now down to the semifinals of the FIFA World Cup. First up, France and Spain. They are playing each other this hour in Arlington, Texas. Steve Futterman reports the winner advances to Sunday's final.
On paper, this is a dream matchup. Before the World Cup began, many felt France and Spain were the top two teams. France has been the most impressive World Cup squad so far, led by the great Kylian Mbappe, who has eight goals. Spain, on the other hand, has been led by its defense. In five of its six matches, it has held the opposition scoreless, all while getting just one goal from its young star, Lamin Yamal.
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Chapters
7 chapters
1
What is the main topic discussed in this episode?
0:01–0:04
2
How has U.S. inflation changed in June and what does the Fed say?
0:04–0:29
3
What did Fed Chair Kevin Warsh tell Congress about fighting inflation?
0:29–0:56
4
Why did President Trump meet Iraq’s prime minister and what was announced about the Strait of Hormuz?
0:56–1:40
5
How is Israel funding West Bank settlements and what are the implications?
1:40–2:55
6
Why did the administration rescind the freeze on $10 billion in social services funding?
2:55–4:29
7
What are the latest headlines on the World Cup semifinal, gas prices, and other top stories?
4:29–5:03