NPR News: 05-27-2026 4PM EDT

Lakshmi Singh· Host0:01

Live from NPR News, I'm Lakshmi Singh. President Trump says Iran is intent on making a deal to end the war, but adds they are, quote, "negotiating on fumes." NPR's Mara Liasson has more on Trump's remarks during his lengthy Cabinet meeting today.

Mara Liasson0:18

The threat was a familiar one from President Trump. Either Iran, quote, "gives us what we want," or we'll finish them off. The president and his party are under pressure to end the war, which has sent gas prices soaring. That's hurt Republican candidates in the midterm elections. But when the president was asked why he hadn't moved faster to end the war, given the financial pain it's causing Americans, he said this: I don't care about the midterms. The president also laid out another red line for Iran. He says he wants the Strait of Hormuz to be open without any tolls. He said the strait was international waters that no single country should control. Mara Liasson, NPR News.

Lakshmi Singh· Host0:55

The president is supporting prediction market companies in their fight with state gambling regulators. NPR's Bobby Allyn reports Trump's family has come under increased scrutiny over its ties to the industry.

Bobby Allyn1:07

Trump wrote in a Truth Social post that companies like Kalshi and Polymarket will thrive under his leadership. He wrote, quote, "We are setting the rules of the road that are the gold standard for the states," before disparaging the governors of several states that have tried to rein in the companies. Trump in his second term has embraced the prediction market industry, where people bet billions of dollars a week on sports, elections, news events, and federal policy.