10AM ET 07/29/2026 Newscast
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What is the main topic discussed in this episode?
This is a Fox News alert. Dr. Fauci refuses to talk. I'm Dave Anthony.
On the advice of counsel, I respectfully decline to answer based upon my rights under the Fifth Amendment of the Constitution.
Why did Dr. Anthony Fauci invoke the Fifth at the Senate COVID hearing?
And Dr. Anthony Fauci has said that over and over this morning at a hearing into COVID and the pandemic response, refusing to answer questions, saying the committee chair, Republican Senator Rand Paul, is out to get him. Get me to say something.
Anything that could vindicate his repeated public pledges that I end up, in his words, quote, behind bars.
This is after Senator Paul opened the hearing accusing Fauci of doing one thing in public and another in private. Citing the doctor's private diaries, entries about the virus origins and the response to the pandemic. Blaming Fauci's role as a COVID presidential advisor for what happened.
Workers were ordered to accept a medical procedure or lose their jobs. Worship assembly, employment, education, and travel were restricted in the name of science. Senator Paul also told Fauci he could be in trouble. It's against the law to obstruct an investigation of Congress. There will be repercussions.
And the senator got angry when one of the doctor's lawyers tried to speak over and over.
I said, sit quietly.
What accusations did Senator Rand Paul make using Fauci's private diary entries?
You are not recognized. Another word and you're gone.
And he spoke again. So Paul had security remove him as Dr. Fauci keeps taking the fifth as other senators keep trying to ask him questions.
A new warning this morning to Iran. President Trump telling Fox News we are going to beat the effing S out of them and that U.S. strikes will take place against Iran in response to the surprise attack overnight against U.S. forces.
in jordan that fox's trey yingston tel aviv talked to president trump after the iran attack that was thwarted when the missiles were shot down separately u.s and saudi fighter jets went on the attack in iraq hitting Iran-backed militia sites with airstrikes in that country. And as the fighting resumes, oil prices surge. They're up almost 7% this morning.
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Again, our top Fox News story, Dr. Anthony Fauci refusing to answer questions at a Senate hearing over COVID and the pandemic response when he was a presidential advisor as Republicans were focusing on Fauci's private diary entries about COVID, accusing him of saying different things publicly. Now to Wall Street, where there is a big sell-off for the Dow, down 628 points, wiping out all of yesterday's gains and then some. The Nasdaq is down 114, the S&P 500 losing 27 points. A White House staffer has been fired for insider trading.
Gabriel Perez, who had been on leave without pay for using advanced knowledge of the president's speeches to make money on Kalshi, a prediction market, has lost his federal government job. News reports claimed Perez won more than $100,000 betting on what the president would say. The White House called the allegations unfortunate and a disgrace. Perez had reportedly worked for the president since his first term in the White House. When the bets were discovered, Cauchy said it flagged them and reported them to federal regulators. Grinnell Scott, Fox News.
We will hear from Federal Reserve Chair Kevin Warsh this afternoon on interest rates after a second day of a Fed meeting assessing the economy.
Many economists expect that the Fed will leave its benchmark funds rate unchanged at 3.5% to 3.75%. But it's not a sure thing. A renewed inflation scare has put a surprise increase in play. A pause in rates would mark five in a row following three consecutive rate cuts in six in total since September of 2024 when the Fed kicked off its current easing cycle with a jumbo half-point move. Hilary Barsky, Fox News.
As oil prices rise now more than 7% this morning, gas is down a fraction, continuing a slight decline following oil's drop during a recent pause in fighting.
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