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Fox News Hourly Update

1AM ET 02/21/2026 Newscast

21 Feb 2026

Transcription

Chapter 1: What is the main topic discussed in this episode?

3.203 - 12.396 Chris DiMeo

Setback for the White House. I'm Chris DiMeo, Fox News. The Supreme Court blocking President Trump's use of an emergency law to impose tariffs on U.S. trading partners.

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12.557 - 28.62 Unknown

It is a six to three decision in which the Supreme Court rejected President Trump's use of the emergency statute called the International Emergency Economic Powers Act, or IEPA for short, that he used for his fentanyl and reciprocal tariffs. And he spoke about the Supreme Court's decision.

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Chapter 2: What was the Supreme Court's decision regarding President Trump's tariffs?

28.6 - 52.174 Unknown

And I'm ashamed of certain members of the court, absolutely ashamed for not having the courage to do what's right for our country. So up next is this open question about refunds, because the Supreme Court did not talk about the refund process. The Penn Wharton budget model projects that refunding these IEPA tariffs could trigger refunds upwards of one hundred and seventy five billion dollars.

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52.615 - 64.916 Chris DiMeo

Fox Business's Lydia Hu. President Trump says he plans on releasing classified information about extraterrestrials following former President Obama's recent comments on a podcast in which he said aliens are real.

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65.117 - 77.018 Unknown

Presidents of the United States have one of a kind perspective on this subject. So when one like Barack Obama says something sensational like that, it is very helpful to ask another, which is what we did aboard Air Force One.

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76.998 - 96.365 Unknown

The president announced, based on the tremendous interest shown, I will be directing the Secretary of War and other relevant departments and agencies to begin the process of identifying and releasing government files related to alien and extraterrestrial life. Democrats are giving the president props for that. Congressman Jared Moskowitz says, why would something not real be classified?

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96.825 - 103.815 Unknown

Oh, this is the rare issue uniting Republicans and Democrats who all just seem to want to believe.

103.795 - 118.733 Chris DiMeo

That's Fox's Peter Doocy reporting from the White House. Stocks finishing the week higher after the Supreme Court ruling on President Trump's tariffs. The Dow, Nasdaq and S&P 500 finishing the week up. America's listening to Fox News.

120.029 - 125.04 Ainsley Earhart

This is Ainsley Earhart. Thank you for joining me for the 52 episode podcast series, The Life of Jesus.

125.08 - 134.68 Unknown

A listening experience that will provide hope, comfort, and understanding of the greatest story ever told. Listen and follow now at foxnewspodcasts.com or wherever you listen to podcasts.

136.297 - 142.526 Chris DiMeo

President Trump confirms he's considering limited military strikes on Iran over its nuclear program.

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