Fox News Hourly Update: 10AM ET | July 25, 2025
Host: Dave Anthony
Produced by: FOX News Podcasts
1. President Trump's Trip to Scotland and Trade Negotiations
Timestamp: [00:02]
President Donald Trump is embarking on a diplomatic journey to Scotland, where he will engage in trade discussions with the British Prime Minister. The primary agenda is to negotiate an agreement that could potentially reduce the impending 30% tariffs on European imports.
Dave Anthony reported, “President Trump is taking a trip to Scotland that will include trade talks with the British prime minister. As for working out an agreement that could lower looming 30% tariffs on European.”
Unknown Analyst provided further insight, stating, “We have a 50-50 chance, maybe less than that, but a 50/50 chance of making a deal with the [EU].”
2. Israel's Conflict in Gaza and Ceasefire Negotiations
Timestamp: [00:23]
President Trump addressed the ongoing conflict in Gaza, occurring the day after the latest ceasefire negotiations collapsed. The US Special Envoy attributed the failure to Hamas's reluctance to release the remaining hostages.
Dave Anthony conveyed, “He also talked about Israel's war in Gaza the day after the latest round of ceasefire talks fell apart with the US Special envoy blaming Hamas not willing to release the final living hostages.”
Unknown Analyst commented on the situation, saying, “I've always said those last 10 or 20 are going to be the toughest because Hamas knows what happens when they don't have any bargaining chips.”
3. Jeffrey Epstein Controversy and Ghislaine Maxwell's Clemency
Timestamp: [00:43]
President Trump was questioned regarding the Jeffrey Epstein scandal, which involves allegations of sex trafficking and connections to powerful individuals. Trump dismissed the controversy as a hoax, reinforcing his stance amid increasing demands for transparency about Epstein's clients.
Dave Anthony reported, “The president was also asked about the Jeffrey Epstein controversy he's called a hoax. Amid a push for more files and who Epstein's clients were in a sex trafficking underage girls scheme. Epstein committed suicide to avoid going on trial for. The president said you ought to speaking.”
When questioned about Ghislaine Maxwell's potential clemency, President Trump responded that he has not considered it. Maxwell is set to speak for a second day with Deputy Attorney General Todd Blanche to provide more information about Epstein's clients and her role in the trafficking scheme.
Unknown Legal Expert added, “Ghislaine Maxwell is serving a 20-year sentence behind bars. The discussion lasted for several hours. And while the DOJ is not commenting on what was said, Maxwell's attorney gave us some details.”
Unknown Attorney noted, “Ms. Maxwell answered every single question. She never stopped. She never invoked a privilege. She never declined to answer.”
Unknown Legal Expert further questioned, “Legal experts question whether Maxwell told her version of the truth or the actual truth.”
4. University of New Mexico Shooting Incident
Timestamp: [01:42]
A tragic shooting occurred early morning at a dormitory on the University of New Mexico campus, resulting in one fatality and another injury. The university is currently on lockdown, with authorities still searching for the gunman.
Dave Anthony reported, “The University of New Mexico in Albuquerque is on lockdown. Students told to shelter in place after a shooting early this morning at a dorm on campus. One person was killed and another wounded. The gunman has not yet been found. America's listening to Fox News.”
5. Federal Reserve and Interest Rate Discussions
Timestamp: [02:32]
President Trump expressed his belief that Federal Reserve Chairman Jerome Powell is nearing an interest rate cut, a move the President has been advocating for. Despite Trump's harsh criticisms of Powell, labeling him as "stupid," "a numbskull," and "a fool," Powell joined Trump on a tour of the Federal Reserve's renovation project, which is expected to complete in 2027.
Dave Anthony stated, “One of the other things President Trump said a short time ago outside the White House was he thinks Federal Reserve Chairman Jerome Powell is closer to an interest rate cut that the president's been demanding. He's been calling Powell stupid and a numbskull and a fool. So it was awkward when they met yesterday.”
Jared Halpern reported on the event, “Federal Reserve Chairman Jerome Powell joined President Trump on a tour of the agency's renovation construction expected to be finished in 2027.”
Powell contested Trump's claims regarding cost overruns on the project, which have reportedly exceeded $3 billion.
Unknown Analyst provided a more optimistic outlook, “I believe that the chairman is going to do the right thing. I mean, it may be a little too late as the expression goes, but I believe he's going to do the right thing.”
Jared Halpern concluded, “The president reiterated he has no plans to replace Powell before his term ends.”
The upcoming Federal Reserve meeting will assess the economy and consider potential interest rate cuts, though many economists remain skeptical about a reduction.
6. Economic Updates: Oil, Gas, and Wall Street
Timestamp: [03:29]
Oil and Gas Prices: Oil prices have seen a slight decline, currently back under $66 per barrel. Gas prices remain relatively stable, with a minor decrease to $3.16 per gallon for regular fuel. Additionally, AAA reports that the national average gas price is now six cents cheaper than a month ago.
Wall Street: The Dow Jones Industrial Average experienced a minor dip, falling by 18 points. Conversely, the Nasdaq surged by 34 points, building on yesterday’s all-time high. The S&P 500 also saw gains of 8 points, contributing to a positive market sentiment despite mixed sector performances.
7. Tribute to Hulk Hogan
Timestamp: [03:47]
The wrestling community was shocked by the sudden death of WWE Hall of Famer Hulk Hogan, who suffered a cardiac arrest at the age of 71. Among those paying tribute was President Trump, who shared his condolences on Truth Social, highlighting Hogan's friendship and dedication to the MAGA movement.
Dave Anthony reported, “Hulk Hogan sudden death suffering a cardiac arrest. Florida President Trump among those paying tribute posting on Truth Social. He was a great friend and MAGA all the way. Sergeant Slaughter was also a friend and an ex-opponent who, like Hulk Hogan, is a WWE hall of famer. He tells Fox he made professional wrestling.”
Unknown Analyst reflected on Hogan's legacy, saying, “What it is today. Sports, entertainment.”
Conclusion
Dave Anthony wrapped up the newscast by reiterating the ongoing developments in international trade, Middle Eastern conflicts, high-profile legal controversies, significant economic indicators, and notable events within the sports and entertainment sectors. For more updates, listeners are encouraged to stay tuned to Fox News.
This summary is intended to provide a comprehensive overview of the key topics discussed in the Fox News Hourly Update aired on July 25, 2025. For detailed information and live updates, refer to the original podcast episode.