U.S. Ramps Up Deadly Boat Strikes, and What Trump’s Stock Trades Show

0:00I gave my brother a New York Times subscription. We exchange articles. And so having read the same article, we can discuss it. She sent me a year-long subscription so I have access to all the games. The New York Times contributes to our quality time together. It enriches our relationship. It was such a cool and thoughtful gift. We're reading the same stuff. We're making the same food. We're on the same page. Learn more about giving a New York Times subscription as a gift at nytimes.com slash gift.

0:32From The New York Times, it's the headlines. I'm Tracy Mumford. Today's Friday, May 29th. Here's what we're covering.

0:43President Trump said, no, we're taking the gloves off, and it's exactly what we're doing. So we're stopping the drugs, we're striking the boats, we're defeating narco-terrorists. For the last nine months, the U.S. has launched strike after strike on small boats in the waters off South America. We're saving hundreds of thousands of lives with those pinpoint attacks. Officials say the campaign is meant to cut off the flow of drugs into the U.S. And in recent weeks, it's been quietly ramping up the attacks. There was a boat strike on Tuesday and Wednesday. In all, there have now been almost 60 strikes, killing nearly 200 people.

1:20From the start, many legal experts have called these attacks illegal extrajudicial killings, stressing that the military is not allowed to intentionally target civilians who pose no threat of imminent violence. Now, on top of that, experts tell The Times that the boat strikes have also been ineffective and have not curbed the flow of cocaine into the country. If the strikes were slowing the supply, public health researchers say the price on the street for the drug would go up. They say that hasn't happened. Similarly, if less cocaine was getting in, epidemiologists say dealers would be trying to stretch their supply by cutting it with other ingredients.

1:59but an analysis of cocaine samples doesn't reflect that. And signs are also emerging that traffickers are simply using other methods for smuggling, shifting to land routes or putting more cocaine on container ships. One public health expert who tracks cocaine use in the U.S. told The Times that the boat strikes are basically the same as, quote, bombing a handful of McDonald's in Dallas, Texas, and claiming that you've made America healthy again. Recently in the Senate. General, what evidence do you have that this campaign is actually degrading cartel operations rather than simply destroying some low-level assets, boats?

2:41The general overseeing the campaign faced sharp questions from lawmakers about the strikes. I cannot stand before you and tell you that there's a percentage drop in American deaths inside the United States or a number of a certain percentage of drugs reached in the United States. He acknowledged that targeting the boats is not a long term solution. He said the U.S. needed to work more with its allies in South America and that, quote, boat strikes aren't the answer to the country's drug problem.

3:19A new disclosure form that reveals details of President Trump's stock portfolio is adding to concerns about potential conflicts of interest. The form shows that in the first few months of this year, Trump's investment portfolio made more than 3 ,600 trades, buying and selling shares in big banks, manufacturers, and tech giants. That has raised questions not just because the federal government regulates those industries, but also because of the timing of some of those trades, which have coincided with the president appearing to publicly endorse specific companies. For example, in February, Trump's financial advisors bought more than a million dollars in stock of the computer giant Dell.

4:03Nine days later, I also want to thank Michael and Susan Dell. Dell, go out and buy a Dell computer. Trump lavished praise on the company in a speech as he highlighted the founders' philanthropy. They make a great product. They're not looking for any publicity. I give them publicity. Then this week, the Pentagon announced it was giving Dell a nearly$10 billion defense contract. The co-president of Public Citizen, a nonprofit group that has criticized the Trump family's ongoing business activity, told The Times that with Trump, quote, it is impossible to know where personal profit-making ends and policymaking starts.

4:42While there is a law that prohibits federal employees from taking official action to benefit their own interest, it does not apply to the president. Still, the White House has rejected any concerns about the trades, saying Trump, quote, only acts in the best interests of the American public. And the Trump Organization says all of his stock trades are controlled by third-party investment managers.

5:12Now, a few quick updates from across the Middle East. First. One ship, they start yelling at the Iranian Navy. We want to go out, open the Hormuz. They were screaming and begging to be let out. Yes. The Times has been talking with sailors who've been stranded in the Strait of Hormuz. Every day, my wife, my son and daughter, they called Papa when you are coming back home. Every day they called. They described being on constant lookout for the threat of missile or drone strikes and watching their stockpiles of food and medicine on board dwindle as Iran has kept the critical waterway shut down for three months and counting.

5:52Now, diplomats involved in the talks between the U.S. and Iran say the two sides are closing in on a preliminary agreement that could finally reopen the strait. Negotiators would then continue to work separately on a longer-term peace deal. On today's episode of The Daily, you can hear more from some of the thousands of sailors who've been caught in limbo as the war has dragged on. A second update now from Lebanon. Where the country is facing a new surge of deadly attacks from Israel, despite a ceasefire. Israeli forces said they carried out strikes on more than 130 Hezbollah targets across the country this week.

6:31Many of them were in residential areas. Meanwhile, Hezbollah, the Iran-backed militia, has been continuing its own attacks on Israeli troops who've invaded and occupied the southern part of Lebanon. The renewed violence could threaten the delicate talks between Iran and the U.S., since Iran has demanded that any deal to end the fighting also include Lebanon. And We are now going to have Hamas. Israeli Prime Minister Benjamin Netanyahu says that he has directed the Israeli military to expand its control over Gaza. Speaking at a conference yesterday, he said Israel currently controls 60 percent of the territory.

7:11When members of the audience shouted that Israel should take it all, Netanyahu said, quote, First of all, 70. Let's start with that. Since a ceasefire between Israel and Hamas went into place last year, Israel has continued its operations in Gaza to put pressure on the militant group. It's gradually been taking more and more land there, sometimes by simply picking up and moving the concrete blocks that it's used to mark the boundaries. That has meant that Gaza's roughly 2 million residents, who mostly live in territory controlled by Hamas, have been forced onto a smaller and smaller slice of land.

7:59Across the U.S. in recent years, there's been a growing effort to help low-income Americans by giving them cash. Unlike government programs like food stamps that target specific needs, the so-called cash transfer programs basically leave it up to the recipients to decide how to use the extra money. Research into the benefit of this kind of program has found mixed results, but a new study published in The Lancet Public Health has one of the most optimistic recent assessments. It showed that a cash transfer program in Flint, Michigan, significantly improved the health of moms and their newborns.

8:37The study followed women in the city where the majority of mothers earn under$10 ,000 a year. For the research, a group of pregnant women were given a one-time payment of$1 ,500 and then$500 a month for the first year of their child's life. Researchers found that after getting the money, more women received prenatal care, the rate of premature births declined, and fewer babies were born underweight. One of the authors of the report said that, quote, quote, moms told us, because of these dollars, I can take a day off work and pay for gas to go to my prenatal appointment.

9:21And finally. Tlatchli. T-L-A-C-H-T-L-I. Mandoqua. M-A-D-O-Q-U-A. Rishi Arius. R-E-T-I-A-R-I-U-S. The Scripps National Spelling Bee came down to a fierce spell-off last night, with the top two contenders trying to get as many words right as they could in 90 seconds. Bromo-cryptine. B-R-O-M-O-C-R-I-P-T-I-N-E. C-U-S-H-A-D-O-M-E. Ultimately, Shrey Parikh, a 14-year-old from Southern California, came out on top. As an eighth grader, this was his last year of eligibility, and he clinched it. The high-speed spell-off format was introduced a few years ago to keep the B from going on and on. In the past, the more traditional back-and-forth could drag out late into the night and result in multiple winners, like the year when eight kids had to share the title.

10:13The new champion, Shrey, told the announcers that there was one word that made him nervous last night, Bhuvaneshwar, which, yeah, that's fair. But he got it, and overall, he said he was not intimidated. Spelling fast is what I do every day, so, you know, a spell-off just kind of came naturally, and it was just like another day of spelling for me. Just another day. Hey! Those are the headlines. If you'd like to play the Friday News Quiz, it is just after these credits. This show is made by Will Jarvis, Margaret Kadifa, Jake Lucas, Jan Stewart, and me, Tracy Mumford. Original theme by Dan Powell.

10:52Special thanks to Isabella Anderson, Larissa Anderson, Sam Dolnik, Miles McKinley, and Zoe Murphy. Now, time for the quiz. Every week, we ask you a few questions about stories The Times has been covering. Can you get them all? Here we go. First up. Recently, an employee at a major tech company launched a pop-up radio station for everyone who works there.

11:24It featured AI-generated songs, which were all made specifically in response to a big announcement by the company.

11:37Your question, what was the custom soundtrack all about? Give those lyrics a close listen.

11:51I haven't seen you in a while. The answer? Let a layoff, let a layoff. Say it like a joke. Let a layoff. The curated anthems were all about layoffs at Meta, which eliminated 8 ,000 jobs. The radio station offered songs in many kinds of genres, quote, to support your diverse coping preferences. Definite points for creativity, but I will just say you don't necessarily have to go the AI route. when classics like this already exist. Take this job and shove it. I ain't working here no more. Thank you, Johnny Paycheck. Take this job and shove it. Next question. In his time as Secretary of Health and Human Services, Robert F.

12:40Kennedy Jr. has put out some memorable videos. I'm not just talking about all the workouts in jeans. There was also a video where he was chugging a glass of milk in the hot tub with Kid Rock. And this week, he posted a video to his personal social media account where he was wrangling wildlife barehanded. Okay, okay. Honey, honey, let him go. The video was filmed on Dr. Oz's patio. And Oz, along with Kennedy's wife, can be heard in the background trying to help or just cringing. Bobby, please. Bobby, Bobby, please. Your question, What creatures did Kennedy pick up?

13:26The answer? Kennedy cornered two black racer snakes, which are non-venomous. That is good because they were definitely nipping at his hands. The Times actually checked with some snake experts to rate Kennedy's technique. One said it wasn't the worst wrangling he'd ever seen, but he did not recommend just grabbing snakes by the tail. Another snake wrangler emphasized that really, the best advice is always going to be, just leave him alone.

13:58And last question. Out here, we're going to have 4 ,000 seats right in front of the front door of the White House. At the White House, construction is now underway on the South Lawn for the cage that UFC fighters will brawl in next month. You see the kind of pounding he'll take and then all of a sudden it's over and the other guy's not in good shape, right? The event will be part of celebrations for the country's 250th birthday. It also conveniently will be taking place on Trump's birthday. Now, Trump is not the first president with an interest in this kind of sport. Several former American presidents were wrestlers.

14:38Your question, can you name the president who is actually in the National Wrestling Hall of Fame?

14:50The answer? Entering the ring at 6 foot 4 inches tall, not including the top hat, it is Abraham Lincoln. According to the Wrestling Hall of Fame, Lincoln fought a lot in his 20s and had only one recorded defeat. That is it for this week's news quiz. If you want to tell us how you did, our email, as always, is theheadlines at nytimes.com. The show will be back on Monday. which will be June. Somehow, it's going to be June. See you then.