NPR News: 08-28-2026 10PM EDT
Summary
President Trump claims a historic deal for majority control of Venezuelan oil reserves to lower gas prices, while Fed Chair Jerome Powell signals potential interest rate hikes due to persistent inflation. The Department of Interior denies political pressure regarding a controversial land exchange in Yosemite National Park. Meanwhile, the death toll from catastrophic flash flooding on the Nepal-China border exceeds 570, and Senator Jon Ossoff energizes Democrats in his Georgia re-election bid.
Topics discussed
Trump claims major US stake in Venezuelan oil reserves
Controversy over land exchange in Yosemite National Park
Fed Chair Warns of High Inflation and Potential Rate Hikes
Death toll rises from flash flooding on Nepal-China border
Sen. Ossoff's campaign strategy and market closing updates
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