"Live from NPR News in Washington, I'm Janine Herbst.
President Trump is, once again, threatening to fire federal reserve Governor Lisa Cook over unproven allegations of mortgage fraud.
“And here Scott Horsley reports the move comes just over a month after the Supreme Court”
blocked Trump's earlier bid to remove Cook. The White House has demanded Lisa Cook respond to allegations that she made false statements on mortgage applications.
Those charges were first raised by Trump ally William Poolety, who oversees mortgage
giants Fannie Mae and Freddie Mac. Cook has denied any wrongdoing, and her attorneys as the allegations are baseless and promised to fight them in court. Trump's earlier effort to house Cook came at a time when the president was waging a wider campaign to pressure the Fed to lower interest rates by design.
The central bank's supposed to be insulated from that kind of pressure. The Supreme Court ruled five to four back in June. The president's can only remove Fed governors for cause. Attest the White House has yet to meet. Scott Horsley, impure news, Washington.
The race for U.S. Senate in Maine is poised to be one of the most competitive of the midterms. It's a choice between incumbent Republicans who's in Collins and Democrat Troy Jackson. But as empires Elena Moore reports, to win in November candidates need the support of one
especially powerful voting block, Maine, women.
Maine voters have a history of splitting their tickets. Susan Collins is proof of that, winning in years where Democrats have also carried the state. Emily Kane is a former Democratic state lawmaker and says women are often the deciders there. Women voters in Maine are the majority of voters.
And so you have to take them seriously. Both sides are targeting this group. Republicans are spending millions on ads trying to link Troy Jackson with Graham Platner. The former Democratic nominee who dropped out over rape allegations that Platner denies.
“But Democrats are also hitting Collins hard on her abortion record, highlighting key votes”
to confirm multiple Supreme Court justices who went on to overturn Rovy Wade. Elena Moore and Pyrenees. The Federal Communications Commission has voted to wipe away limits on how many Americans any one company can reach through the local TV stations it owns. Congress said a limit at 39% of Americans to preserve a range of editorial voices and
sensibilities in local TV and appears David Folganfleck reports. FCC Chairman Brendan Carrer says the local TV business is under pressure from streaming. And he says local TV companies need to bulk up to fight back networks like ABC and CBS and NBC. Carrer's launched investigations of major broadcast networks eggdone by President Trump.
The vote on limits fell two to one along party lines. The loan Democrat on the commission says the vote was illegal that only Congress can change or erase those limits. But executives at next are hailed the decision.
“Next are owns more TV stations than anyone.”
It's acquisition of a big rival would let it reach 80% of the nation, but that take over is on hold as a major antitrust lawsuit plays out. David Folganfleck and PR news. You're listening to NPR news in Washington. The economy unexpectedly lost 23,000 jobs last month.
The cuts came in restaurants and retail shops along with local governments in July. The Labor Department says the unemployment rate drops slightly to 4.1% to more than 260,000 people simply stop looking for work. It's the second month in a row that the jobs report was weaker than economists were expecting, suggesting sluggish economic growth and rising prices are taking a toll on the labor
market. Cameron Hamilton has been confirmed as head of FEMA, the agency the former Navy seal briefly led last year. FEMA's future has been uncertain since President Trump threatened to eliminate it. Democrats accused the Republican president of politicizing disaster aid.
A regional court on the French Riviera has struck down a town's attempt to ban the body covering swimsuit often worn out of modesty by Muslim women, known as the Burkini. And Pierre's Eleanor Bearsley reports the judge says the measure of violated basic freedoms and was out of touch with reality today. The judge said the attempted ban violated people's liberty of religious belief and personal
freedom to dress and common go as they please. He also said the town described a context no longer relevant today from 10 to 14 years ago when France was reeling from Islamist terrorist attacks when many people considered such garb as a provocation and signaling arise in Islamist politics. Eleanor Bearsley and Pierre News Paris.
Wall Street, higher by the closing bell, dial up 151 points NASDAQ up 342. This week on Consider This, Virginia thought her criminal record would follow her forever until a few minutes with an AI app that told her she could clear her felonies.
You'll never find a harder worker than someone who has something to prove to themselves
how AI could help millions of Americans with criminal records find work.
