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Fox News Hourly Update

5AM ET 01/12/2026 Newscast

12 Jan 2026

Transcription

Chapter 1: What criminal investigation is underway involving Jerome Powell?

3.693 - 19.269 Ted Lindner

An investigation underway. I'm Ted Lindner, Fox News. The U.S. Attorney's Office for D.C. opening up a criminal investigation into Federal Reserve Chair Jerome Powell, focusing on the renovation of the Central Bank's Washington headquarters and whether he was truthful in his congressional testimony about the project.

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19.729 - 32.282 Ted Lindner

Powell put out a video late Sunday saying the investigation's being done because Powell angered President Trump by not lowering interest rates when the president said to. He also says he's served in administrations on both sides of the aisle without political bias.

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32.262 - 47.117 Jerome Powell

I have served at the Federal Reserve under four administrations, Republicans and Democrats alike. In every case, I have carried out my duties without political fear or favor, focused solely on our mandate of price stability and maximum employment.

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47.137 - 49.039 Ted Lindner

President Trump had hoped to jumpstart the U.S.

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Chapter 2: How is President Trump responding to the Federal Reserve's interest rate decisions?

49.059 - 64.602 Ted Lindner

economy quickly by getting the Fed to lower interest rates, but the Fed held back because of concerns that a lower rate could spur inflation. The U.S. could soon act against Iran over hundreds of deaths and ongoing anti-Iranian regime protests. Fox's Ashley Strohmeyer has more details.

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64.822 - 88.744 Unknown

President Trump is weighing a series of potential options against Iran. This amid the country's brutal crackdown on protesters. Responses reportedly include both military and non-military action, ranging from cyber attacks to direct strikes by either the U.S. or Israel. And human rights groups say at least 500 people have been killed over the past 15 days. Nearly 11,000 others have been arrested.

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Chapter 3: What are the implications of the U.S. actions against Iran?

89.205 - 106.093 Unknown

Authorities are using a near-total communications blackout to try and suppress information. The protests began last month over Iran's crippling economic conditions, corruption, and then calls for regime change. Iran's supreme leader accuses protesters of trying to please President Trump.

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106.259 - 121.401 Ted Lindner

Iran warns that the U.S. military in Israel could become legitimate targets if the U.S. strikes Iran.

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121.942 - 134.68 Unknown

America's listening to Fox News.

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136.499 - 145.174 Ted Lindner

The 83rd Annual Golden Globes Awards Ceremony celebrating achievements within film and TV. Sunday night, Fox's Michelle Polino with the awards recap.

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145.394 - 170.149 Michelle Polino

And the winner is One Battle After Another. Paul Thomas Anderson's One Battle After Another about the deep political battles in America took home four awards, including Best Picture Musical or Comedy. Hamnet won two, including Best Picture Drama. At the 83rd annual Golden Globes, while Timothee Chalamet grabbed the Best Actor trophy for Marty Supreme, acknowledging his previous losses.

170.249 - 175.914 Timothee Chalamet

I'd be lying if I didn't say those moments didn't make this moment that much sweeter. For my parents, for my partner, I love you. Thank you so much.

176.895 - 190.688 Michelle Polino

Golden Globes clips provided by Golden Globes LLC and Dick Clark Productions LLC. On the TV side, adolescents took home four Globes for limited series The Pit and The Studio 2. Michelle Polino, Fox News.

191.41 - 195.158 Ted Lindner

The NFL's wildcard weekend packed with last-minute comebacks.

Chapter 4: What were the highlights of the 83rd Annual Golden Globes Awards?

195.238 - 201.071 Ted Lindner

Fox's Tim McMaster recapping Sunday's tripleheader. There will be a new Super Bowl champion this year.

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205.802 - 225.964 Unknown

Purdy, pressure, steps up. Touchdown, San Francisco! Courtesy Fox, Brock Purdy hit Christian McCaffrey on a late touchdown pass to knock out the defending champion Eagles 23-19. San Francisco did lose star tight end George Kittle to a torn Achilles. In the AFC, Josh Allen ran in the go-ahead score with just over a minute to play to beat the Jaguars 27-24 and talked about it afterwards.

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226.064 - 234.613 Josh Allen

To have the wherewithal to, again, not blink. And I think that's just the mantra that we've adopted this year. If we've got time left and we got the ball, we got a shot.

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Chapter 5: How did the NFL's wildcard weekend unfold?

234.593 - 239.589 Unknown

And finally, in their first playoff game since 2021, the Patriots beat the Chargers 16-3.

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240.312 - 245.569 Ted Lindner

And at least two people injured Sunday in L.A. during a protest in support of anti-regime demonstrations in Iran.

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Chapter 6: What recent protests have occurred in support of Iranian demonstrators?

245.609 - 253.294 Ted Lindner

Hundreds have been marching in support in Westwood for the Iranian protesters. The male driver taken into custody has not been identified.

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