NPR News: 09-17-2026 12AM EDT
Summary
President Trump criticized the Federal Reserve’s interest rate hike, while markets reacted to the decision. The House passed the Graham-Rassmussen Act to sanction Russia, and China’s top diplomat visited Iran to offer mediation. Additionally, the DOJ is deciding whether to prosecute Leon Black for contempt of Congress, and a driver was arrested for a deadly collision in Los Angeles. Finally, aid agencies in East Africa are preparing for potential record El Niño floods.
Topics discussed
Trump's reaction to Fed rate hike and criticism of Chair Warsh
Fed Chair Warsh defends rate hike citing high inflation
White House concerns and history of Trump-Powell tensions
Treasury debt buybacks and interest rate trends
Global stock markets and House passage of Russia sanctions bill
China's diplomatic push and mediation offer in Iran conflict
China's stance on US-Iran relations and Middle East security
Xi Jinping's travel schedule and upcoming meeting with Trump
DOJ decision on Leon Black and LA bus crash arrest
Aid agencies prepare for potential record El Nino in East Africa
Somalia flood preparedness and 2023 El Nino impact
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