These are the headlines you Need2Know:
* **Extreme Weather Continues Nationwide:**
As torrential rains drench the East, excessive heat engulfs the West. Dangerous wildfires have forced officials to close Yosemite Park, which will remain shuttered until at least Sunday. More on SoCal weather from the [LA Times](http://www.latimes.com/local/lanow/la-me-ln-socal-heat-wave-20180724-story.html).
* **Another Bailout?**
As trade tensions escalate, farmers may get some relief. The Trump administration announced a new aid package Tuesday to ease damages caused by the latest trade policies. Through the plan, affected farmers of crops like soybeans, cotton, and dairy would be issued a collective $12 billion in aid. Reuters with [the full story](https://www.reuters.com/article/us-usa-trade-farmers/trump-to-give-farmers-billions-in-aid-politico-idUSKBN1KE1YE).
* **Trump-Cohen Recordings Released:**
CNN obtained and released on Tuesday the much-discussed secret recordings of Donald Trump and former attorney Michael Cohen. In the tapes, recorded in 2016, the pair addresses Trump’s payoff of an ex-Playboy model who claimed she had an affair with the president. More at [CNN](https://www.cnn.com/videos/politics/2018/07/24/cohen-trump-audio-recording-cuomo-vpx.cnn).
* **Demi Lovato Reportedly in Stable Condition:**
Treated with the opioid suppresant-Narcan after an overdose Tuesday, the singer, flanked by friends and family, is stable. Many celebrities took to Twitter to wish Lovato the best in her battle with sobriety. In the past, Lovato has been open about her struggle with drugs and alcohol. People [with more](https://people.com/music/demi-lovato-overdose-hospitalized-stable/).
Cheddar's Jill Wagner gets into the latest.
Subscribe to the Need2Know newsletter [here](https://theneed2know.com).
Treasury Secretary Janet Yellen on Thursday testified before the House that the government is ready to step in with more help for bank depositors if necessary
The U.S. Department of Health and Human Services has released a plan to overhaul the nation's organ transplant system, which has long been plagued by sometimes lethal delays and IT failures.
California may become the first state in the nation to outlaw caste-based bias, a safeguard people of South Asian descent say is necessary to protect them from discrimination in housing, education and the tech sector where they hold key roles.
Florida Gov. Ron DeSantis ' administration is moving to forbid classroom instruction on sexual orientation and gender identity in all grades, expanding the controversial law critics call “Don't Say Gay” as the Republican governor continues to focus on cultural issues ahead of his expected presidential run.
Lawmakers grilled TikTok CEO Shou Zi Chew on Thursday in a high-stakes hearing on the future of the popular, Chinese-owned video sharing platform in the U.S.
The pay is a driving factor behind a three-day strike that has shut down the entire Los Angeles school system and put a spotlight on the paltry pay of support staff that serves as the backbone of schools nationwide.
Musician Bruce Springsteen, actress Mindy Kaling and designer, Vera Wang were some of the celebrities honored at the White House on Tuesday. President Biden and his wife Dr Jill Biden gave honorees medals. Other honorees included Gladys Knight, Julia Louis Dreyfus and Amy Tan. The medals are Biden's first batch of awards for the arts and humanities. They were delayed by the COVID-19 pandemic.