10AM ET 07/20/2025 Newscast

Summary

Fox News Hourly Update – 10AM ET | July 20, 2025

Host: FOX News Podcasts

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1. Political Analysis: Tulsi Gabbard's Allegations Against the Obama Administration

In the opening segment, Jack Callahan introduces a significant political controversy involving Tulsi Gabbard, the National Director of Intelligence. Gabbard accuses the Obama administration of orchestrating a "treasonous conspiracy" aimed at sabotaging Donald Trump's first presidential campaign. She references declassified documents that, according to her, demonstrate the Russian collusion investigation was predetermined to fail.

Jack Callahan [00:02]: "A treasonous conspiracy. That's what the National Director of Intelligence, Tulsi Gabbard, is calling..."

Gabbard claims that these documents reveal intelligence officials initially downplayed Russia's capability and intent to influence the 2016 election through cyber means. However, her stance shifted post-election, particularly after a December 9, 2016 meeting involving key Obama administration figures like former DNI James Clapper, John Brennan, and former National Security Adviser Susan Rice. Post-meeting, Clapper's executive assistant purportedly instructed intelligence leaders to reassess Moscow's influence tactics.

2. Democratic Response and Senate Findings

Responding to Gabbard's assertions, Madeline Rivera, Director of SPOX, mentions Gabbard's efforts to amend the Justice Department for potential prosecutions. However, Democrats dismiss her claims as baseless. They cite a 2020 Senate report which concluded that while Russia attempted to aid Trump via social media platforms, there was no evidence of vote tampering or interference with voting machines.

3. International News

a. Vietnam Tour Boat Tragedy

A tragic incident unfolded in Vietnam where a tour boat capsized during a sudden thunderstorm on a bay, resulting in 37 fatalities and leaving five individuals missing, as reported by state media. Vietnamese rescuers demonstrated heroism by saving 11 people, including a 14-year-old boy who survived after being trapped in an air pocket within the overturned hull for four hours.

b. Iceland Volcano Eruption

In natural disaster news, a volcano in southwest Iceland continues its relentless eruption, producing significant haze that blankets much of the country. Despite the ongoing activity, tourists are permitted back into safe viewing areas to witness this awe-inspiring natural phenomenon. Experts caution that predicting the eruption's conclusion remains highly uncertain.

4. Russia-Ukraine Conflict Updates

a. Zelensky's Pursuit of Peace

President Volodymyr Zelensky of Ukraine has expressed his readiness to negotiate a peace deal with Russia to halt the ongoing conflict between their nations.

b. Ceasefire Negotiations and US Tariff Threats

Chan Lee reports that Ukraine is making renewed efforts to engage Russia in ceasefire talks scheduled for next week, following a previous negotiation attempt in June that lasted barely an hour. Concurrently, President Donald Trump has issued a stern warning to Russia, threatening steep tariffs unless a ceasefire is achieved within 50 days. Moreover, Trump has hinted at the possibility of imposing secondary tariffs on countries purchasing Russian oil, intensifying economic pressure on Moscow.

c. Russian Drone Strikes on Ukraine

Amid these diplomatic maneuvers, Russia launched approximately 300 drone strikes on Ukraine early yesterday morning, resulting in at least one fatality. The escalation of such attacks underscores the tense and volatile nature of the ongoing conflict.

5. Business and Pop Culture News: CEO Resignation After On-Air Incident

In a surprising turn of events, the CEO of tech company Astronomers, Andy Byron, has resigned following an embarrassing moment on a kiss cam during a Coldplay concert. The incident occurred when Byron was captured embracing a woman who was not his wife.

Daria Albinger [03:03]: "A CEO is out of a job after that embarrassing moment on a kiss cam."

The Astronomers' board has accepted his resignation and initiated a formal investigation to determine if Byron breached the company's code of conduct. The woman involved has been placed on leave, and the event has inadvertently contributed a new phrase to pop culture: "Coldplayed."

6. Housing Market Trends: Reliance on Family Funds Among Young Buyers

A recent study analyzed approximately 2,000 recent home buyers, revealing that nearly 25% of Gen Z and millennial purchasers depended on cash gifts or inheritances for their down payments. Specifically, over 20% utilized cash gifts, while about 11% relied on inherited funds. This trend highlights the challenges faced by younger generations in affording homes amidst escalating real estate prices.

Jack Callahan [04:01]: "Nearly a quarter of Gen Z and millennial buyers say they used cash, gifts or inheritances for down payments."

7. Conclusion

Today's Fox News Hourly Update covered a spectrum of pivotal topics, from high-stakes political allegations and international crises to noteworthy events in the business and social spheres. The episode emphasized the complexities of the Russia-Ukraine conflict, the socio-economic hurdles confronting young Americans in the housing market, and the unexpected intersections of corporate leadership and pop culture.

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This summary aims to provide a comprehensive overview of the key discussions and insights presented in the Fox News Hourly Update for listeners who seek a detailed understanding without tuning into the full broadcast.

Transcript

[Jack Callahan]

A treasonous conspiracy. I'm Jack Callahan, Fox News. That's what the National Director of Intelligence, Tulsi Gabbard is calling, which he says was a coordinated effort by the Obama administration to scuttle Donald Trump's first presidential campaign. She's declassified documents which she says proves the Russian collusion investigation was a hoax from the beginning and the Obama administration knew it.

[Tulsi Gabbard]

Gabber says declassified documents show in the days leading up to the November 26 election, intelligence officials consistently stated Russia, Russia is probably not trying nor have the capability to influence the election by using cyber means. Their tune, she says, changed after the election. And she specifically brings up a December 9, 2016 meeting among Obama intelligence officials, including former DNI James Clapper, John Brennan and former National Security Adviser Susan Rice. After that meeting, Clapper's executive assistant sent an email to intelligence leaders tasking them to create a new assessment, per Obama's request, about the tools Moscow used to influence the 2016 election.

[Jack Callahan]

SPOX's Madeline Rivera Director Gabbard's amendments to the Justice Department for possible prosecution. Democrats call her claims baseless, pointing to a 2020 Senate report that found Russia tried to help Trump through the social media apps but found no evidence that votes were changed or any voting machines had been tampered with. A tour boat capsized during a thunder A sudden thunderstorm on a bay in Vietnam Saturday, killing 37 people, according to state media. Five others still missing. The victims, all Vietnamese rescuers, say they saved 11 people, including a 14 year old boy found alive after four hours in an air pocket in the overturned hull. Volcano in southwest Iceland continued erupting yesterday, sending haze across much of the country. Tourists have been allowed back to safe viewing areas to witness the spectacle. Experts say predicting when the eruption will end is pure guesswork. America is listening to Fox News.

[Daria Albinger]

This episode is brought to you by Avid Reader Press. Legendary investor Ray Dalio's new book How Countries Go the Big Cycle explains the mechanics behind big debt crises. Larry Summer says Dalio's brilliant, iconoclastic approach is an invaluable resource and Hank Paulson says it provides a solution to what is the biggest and most certain threat to our prosperity. Read it to understand the greatest economic issue of our time available now wherever books are sold.

[Jack Callahan]

President Zelensky says he is willing to make a deal with Russia to end the conflict between their countries.

[Chan Lee]

Ukraine is making another attempt at peace with Russia. Ukraine's president is calling on Moscow to meet next week for cease fire talks. The last round of negotiations in June ended after barely an hour. The new push comes as President Trump threatens Russia with steep tariffs unless it agrees to a cease fire within 50 days. Secondary tariffs could also be imposed on countries that buy Russian oil. This is all happening as Moscow continues, continues to ramp up its massive drone and missile attacks.

[Jack Callahan]

Fox's Chan Lee, painter Russia launched 300 drone strikes on Ukraine early yesterday morning, killing at least one person. A CEO is out of a job after that embarrassing moment on a kiss cam. As Fox's Daria Albinger reports, it took.

[Daria Albinger]

Just a few minutes on a Jumbotron to end Andy Byron's career. The CEO submitted his resignation to the board of tech company Astronomers after he was shown embracing a woman who was not his wife on a kiss cam during a Coldplay concert. The board promptly accepted and said it's launched a formal investigation into whether Byron violated the company's code of conduct. The woman Byron was seen embracing was the head of HR for astronomer Kristen Cabot. The company says she's been placed on leave. And while his career may be over, at least for now, Byron's made his mark on pop culture. His actions launched a new phrase being Coldplayed. Daria Albinger, FOX News Red pin survey.

[Jack Callahan]

Shows many young Americans rely on family money to buy homes. Nearly a quarter of Gen Z and millennial buyers say they used cash, gifts or inheritances for down payments. Study analyzed about 2,000 recent buyers, finding over just 20% received cash gifts. About 11% used money from inheritance. Trend highlights the challenges young buyers face amid rising prices. I'm Jack Callahan. This is FOX News.

[Daria Albinger]

I'm a real wild one. Wild one.

[Unknown]

Getting the kids fed and out the door on time is wild, but I.

Got breakfast on lock.

You have Kodiak?

Yeah. Do you think they know we're feeding them protein and whole grains?

Who cares? They actually eat it.

[Chan Lee]

Mom, I know it's Kodiak. You're not tricking me into eating it.

[Unknown]

Breakfast on lock, baby.

Find Kodiak's frozen waffles, granola bars, oatmeal and more, all crafted with 100% whole grains and protein at your local grocery store. We're the ones with the bear on the box.