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NPR News Now

NPR News: 07-25-2025 7AM EDT

NPR News Now

NPR

News, Daily News

4.214.3K Ratings

🗓️ 25 July 2025

⏱️ 5 minutes

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NPR News: 07-25-2025 7AM EDT

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Transcript

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0:00.0

Live from NPR News in Washington, on Corva Coleman, President Trump sparred with Federal Reserve Chair Jerome Powell yesterday during his visit to the central bank.

0:09.2

As MPR's Rafael NAM reports, Trump was there to inspect a renovation project that he's been criticizing.

0:15.5

It was already an unusual visit. Presidents don't normally visit the Fed, which strongly protects its independence,

0:22.3

but Trump has been very critical of the Fed, saying it's being too slow to cut interest rates.

0:27.5

And then Trump tussled with Powell about the final cost of the Fed's renovations, which are projected

0:34.1

to hit $2.5 billion. We're taking a look, and it looks like it's about $3.1 billion, one up a little bit, or a lot.

0:43.9

Powell shook his head in disagreement.

0:46.0

I haven't heard that from anybody to the Fed.

0:47.7

Powell took a look at the paper and pointed out that President Trump was citing a number

0:51.8

that included a building built five years ago.

0:55.5

After that, Trump was more conciliatory, avoiding repeating his attacks against Powell as they

1:00.5

walked away. Rafael Numb, NPR News.

1:03.3

Deputy U.S. Attorney General Todd Blanche will return for a second day today to question

1:08.3

the former girlfriend of late sex offender Jeffrey Epstein.

1:12.0

The deputy attorney general spoke with Gieland Maxwell in Florida.

1:15.7

She's imprisoned there for helping Epstein sexually exploit girls.

1:20.0

Maxwell's lawyer used David Marcus.

1:22.3

We're not going to comment on the substance, but there were a lot of questions, and we went all day, and she answered every one of them.

1:31.4

She never just said, I'm not going to answer, never declined.

1:34.1

The Deputy U.S. Attorney General arranged the meeting with Maxwell.

1:37.5

The Trump administration is trying to quiet anger from Trump supporters who are demanding more information about the Epstein files. A House

1:45.5

Republican leader has also subpoenaed Gulen Maxwell to testify to Congress. Homicide and

...

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