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WSJ What’s News

Congress Cancels $9 Billion in Foreign Aid and Public Broadcasting Funding

WSJ What’s News

The Wall Street Journal

News, Daily News

44K Ratings

🗓️ 18 July 2025

⏱️ 13 minutes

🧾️ Download transcript

Summary

A.M. Edition for July 18. The House follows the Senate in overcoming Republican opposition to pass measures rescinding public media and foreign aid funding, marking the first time a White House has accomplished clawbacks in more than a quarter-century. Plus, reporter Jenny Strasburg details how De Beers aims to revive its brand as it competes with lab-grown diamonds and a world skeptical that purity is worth the price. And reporter Austin Ramzy unpacks what the U.S. is doing to respond to China's moves to flex its military muscle far beyond its usual patch in the Pacific. Azhar Sukri hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:27.7

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0:33.3

$9 billion slashed from federal funding. The first clawbacks in a quarter century hit foreign aid and public broadcasting.

0:42.5

Plus, diamonds might be forever, but De Beers wants to make sure they're from the ground, not a lab.

0:49.3

And that romance is exactly what they're trying to rekindle.

0:53.5

If it didn't come from deep within the earth, it's just not the real thing.

0:59.2

And China's latest naval maneuvers are rattling the U.S. defense establishment.

1:04.6

It's Friday, July the 18th. I'm Azhar Sukhri for the Wall Street Journal.

1:09.1

Here is the AM edition of What's News, the top headlines

1:12.5

and business stories moving your world today. The Republican-controlled Congress has cancelled

1:21.0

$9 billion in federal funding for foreign aid and public broadcasting. On this vote, the yeas are 216.

1:31.3

The nays are 213.

1:34.4

The resolution is adopted.

...

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