1AM ET 02/21/2026 Newscast
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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.
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.
What was the Supreme Court's decision regarding President Trump's tariffs?
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.
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.
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. 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? Oh, this is the rare issue uniting Republicans and Democrats who all just seem to want to believe.
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.
This is Ainsley Earhart. Thank you for joining me for the 52 episode podcast series, The Life of Jesus.
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President Trump confirms he's considering limited military strikes on Iran over its nuclear program.
Iran, of course, has vowed to respond with ballistic and cruise missiles targeting bases in the Gulf. And sometime in the next month or so, I think it's fair to say, we will find out whether or not the U.S. is once again at war in the Middle East. Now, the amount of U.S. military hardware in the region right now is impressive and imposing. including dozens of F-15s, F-35s, AWACS, KC-135s, cargo planes loaded with military equipment, and much, much more. In fact, in the past several hours, the USS Gerald R. Ford aircraft carrier strike group passed through the Strait of Gibraltar at the mouth of the Mediterranean, obviously letting everybody know the big guns are on hand.
Fox's Kevin Cork, Iran's ambassador to the U.N., calling all U.S. assets in the region legitimate targets. This comes after Iran's foreign minister said his country was planning to finalize a draft deal on its nuclear program the next two to three days to then send to Washington. England's former Prince Andrew arrested on Thursday and is released from custody for now.
As far as new information regarding former Prince Andrew, the Thames Valley police haven't released too much. They are still searching his former residence over at Windsor, and they did release him last night, but he's still under investigation, of course. Now, Andrew was arrested yesterday morning and held for roughly 11 hours on suspicion of misconduct in public office. It also marked his sentence. 66th birthday the arrest comes after police were investigating claims that while serving as uk trade envoy andrew shared confidential government documents with the late sex offender jeffrey epstein andrew was arrested on the sandringham estate in eastern england police also searching of his possessions and all of that as well fox's stephanie bennett in london andrew's brother king charles iii saying that the law must take its course i'm chris de mayo this
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