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Fox News Hourly Update

3PM ET 01/12/2026 Newscast

12 Jan 2026

Transcription

Chapter 1: What are the latest developments in the Federal Reserve's interest rate decisions?

2.9 - 11.735 Lisa Brady

The Fed chair isn't buying it. Lisa Brady, Fox News. Jerome Powell says a threat of criminal charges is really about the Fed's interest rate decisions.

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11.755 - 17.565 Unknown

Based on our best assessment of what will serve the public rather than following the preferences of the president.

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17.665 - 22.613 Lisa Brady

Some lawmakers also skeptical about a federal probe over renovations to Fed headquarters.

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22.593 - 39.521 Unknown

Democrats and Republicans on Capitol Hill say the investigation and the cost overruns appears to be an act of intimidation. But White House Press Secretary Caroline Leavitt says President Trump did not order the Justice Department action. One thing for sure, the president's made it quite clear, is Jerome Powell is bad at his job.

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40.022 - 53.882 Unknown

As for whether or not Jerome Powell is a criminal, that's an answer the Department of Justice is going to have to find out. And it looks like they intend to find that out. President Trump has criticized the policy decisions of the Fed board, especially the pace of interest rate cuts.

54.065 - 76.765 Lisa Brady

Fox's Jared Halpern at the White House. Republican Senator Tom Tillis says he'll block the president's Federal Reserve nominees until the matter is resolved. Senator Mark Kelly is now suing the Pentagon over efforts to punish him for his role in a video urging service members not to obey illegal orders. War Secretary Pete Hegseth censured the Arizona Democrat, calling it a process step.

Chapter 2: How are lawmakers responding to the federal probe over Fed renovations?

76.745 - 91.347 Lisa Brady

to a possible demotion and retirement rank and pay. Kelly is a former Navy pilot. His lawsuit argues this is about protected free speech. The White House says President Trump stands with ICE as protesters oppose immigration enforcement operations.

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91.447 - 102.263 Unknown

They are actively trying to impede law enforcement operations and end the President Trump's mandate to deport illegal alien criminals from our communities.

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102.243 - 119.779 Lisa Brady

Spokeswoman Caroline Leavitt says more resources are being surged to Minneapolis after last week's deadly shooting of Renee Good. Homeland Security says she was using her car as a weapon. City and state officials say she was trying to drive away and that ICE resistance will continue. America is listening to Fox News.

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120.029 - 134.663 Ainsley Earhardt

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

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135.773 - 143.449 Lisa Brady

A man accused of killing his ex-wife and her husband in Ohio has an extradition hearing in Illinois where he was arrested over the weekend.

143.629 - 151.065 Brian Yannis

Michael McKee making his first court appearance at the Winnebago County Criminal Justice Center in Rockford, Illinois.

Chapter 3: What legal challenges are Senator Mark Kelly and President Trump facing?

151.045 - 173.863 Brian Yannis

The 39-year-old vascular surgeon now faces two aggravated murder with premeditation charges in addition to two murder charges. It'll now be up to prosecutors to decide which to pursue. Now, McKee's accused of killing his ex-wife and her dentist husband in the middle of the night at their home on December 30th in Columbus, Ohio.

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173.843 - 185.939 Lisa Brady

Fox's Brian Yannis, investigators using neighborhood surveillance of McKee's vehicle to ultimately track him down. A Utah teen who survived a deadly attack by his father more than a year ago has died.

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185.979 - 205.043 Jeff Manosso

Shaw Ray, who was shot by his father in 2024 in a murder-suicide that also claimed Ray's mother, brother, and two sisters before his father killed himself. The shooting left Ray blind, he told Fox 13 Salt Lake City. During his high school graduation last May... Time is like a leaf in the wind.

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205.324 - 209.669 Ainsley Earhardt

It's unpredictable, unforeseen, and fleeting. You have to make the best of it.

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Chapter 4: What recent incidents highlight the ongoing immigration enforcement debate?

209.689 - 227.408 Jeff Manosso

Ray died Sunday, his family says, of natural causes. No other details right now. Family members are saying that they are devastated, but that the knowledge of the teen's reunion with his family exceeds their pain. A GoFundMe account has been set up to pay for funeral costs. Jeff Manosso, Fox News.

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Chapter 5: What tragic events have recently affected a Utah teen and his family?

227.388 - 249.919 Lisa Brady

Two tech giants are teaming up. Apple now plans to tap into Google's AI technology to help finish efforts to make upgrades to virtual assistant Siri, as well as bringing other artificial intelligence features to the iPhone. An hour to the close on Wall Street. Stocks are higher. The Dow's back in record territory of 59 points.

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Chapter 6: How are tech companies like Apple and Google collaborating on AI advancements?

250.36 - 252.703 Lisa Brady

I'm Lisa Brady, Fox News.

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