10PM ET 08/25/2025 Newscast

Summary

---

Fox News Hourly Update – 10PM ET, August 25, 2025

Host: Lisa Lucera
Date: August 26, 2025
Podcast: Fox News Hourly Update

---

Main Theme

This episode delivers fast-paced coverage of breaking headlines from the United States and around the world. Major topics include a surprising shakeup at the Federal Reserve, a court ruling on Utah’s congressional district map, the aftermath of a hospital bombing in Gaza, an espionage case involving an American defense contractor, a big coffee industry merger, and Elon Musk’s legal battle over AI competition.

---

Key Discussion Points & Insights

Federal Reserve Shakeup: President Trump Removes Lisa Cook

• [00:02–00:46]
  • President Trump abruptly removes Federal Reserve Governor Lisa Cook, citing allegations of mortgage fraud.
  • Allegation centers on Cook allegedly claiming multiple properties as her primary residence to obtain mortgages in 2021. Bill Pulte, director of the Federal Housing Finance Agency, issued a criminal referral.
  • Trump’s reasoning: “In light of your deceitful and potentially criminal conduct in a financial matter, I do not have such confidence in your integrity.” (Letter excerpt; [00:32])
  • Cook, an appointee of former President Biden, was slated to serve until 2038.

Utah Redistricting Ruling

• [00:46–01:07]
  • Utah judges order the state legislature to redraw its congressional map for the 2026 midterms.
  • The current map, drawn in 2021, was found in violation of rules meant to prevent partisan gerrymandering.
  • A voter-created commission was bypassed; the new map must now adhere to fair districting standards.

Gaza Hospital Bombing: Israeli Reaction

• [01:07–01:36]
  • Israeli Prime Minister Benjamin Netanyahu responds to the Nasser Hospital bombing, which killed at least 20.
  • Netanyahu: “Our war is with Hamas terrorists. Our just goals are defeating Hamas and bringing our hostages home.” ([01:17])
  • Among the dead were journalists from the Associated Press and Al Jazeera; the ongoing war has seen dozens of journalists killed.

Noteworthy U.S. and International News Briefs

• [01:36–01:59]
  • Helicopter crash off the Isle of Wight (UK) during a flight lesson: Three dead, one seriously injured.
  • Los Angeles police arrest seven men allegedly linked to a nationwide burglary ring responsible for ~100 break-ins.

U.S. Military Contractor Charged with Espionage

• [03:09–03:57]
  • An American civilian contractor (identified as Martin D.) based in Germany is charged with trying to sell U.S. military secrets to China.
  • The suspect, working at a U.S. base since 2020, was arrested in Frankfurt in November 2024.
  • German prosecutors call it a “particularly serious case” but note he apparently did not succeed in leaking any classified material.

Elon Musk Files Antitrust Lawsuit Against Apple & OpenAI

• [03:57–04:11]
  • Elon Musk accuses Apple and OpenAI of “teaming up to end competition in artificial intelligence.”
  • Musk files an antitrust lawsuit; OpenAI accuses Musk of harassment, Apple has not commented.

Major Coffee Industry Merger

• [04:11–04:51]
  • Keurig Dr. Pepper acquires Amsterdam-based JDE Peet’s (parent of Peet’s Coffee) in an $18 billion deal.
  • The objective: to form the world’s leading “pure play” coffee company.
  • As part of the deal, Keurig Dr. Pepper will split its coffee and soft drink businesses into two companies.
  • Highlights: “The coffee business includes Green Mountain and Keurig machines.”
  • Other brands owned: Dr. Pepper, 7Up, Snapple, and energy drinks Bloom and Ghost.

Stock Market Update

• [04:51–05:07]
  • Wall Street dropped after last week’s rally over Federal Reserve interest rate cut hopes.
  • Dow closed down 349 points; NASDAQ lost 47.

---

Notable Quotes & Memorable Moments

• President Trump (removal letter to Lisa Cook):
  “In light of your deceitful and potentially criminal conduct in a financial matter, I do not have such confidence in your integrity.” ([00:32])

• Prime Minister Benjamin Netanyahu (on Nasser Hospital bombing):
  “Our war is with Hamas terrorists. Our just goals are defeating Hamas and bringing our hostages home.” ([01:17])

• German Prosecutors (on American contractor attempting espionage):
  “A particularly serious case ... but the suspect apparently didn't manage to pass any intel to the Chinese.” ([03:45])

• Summary from Lisa Lucera (stock market close):
  “Wall street stocks closed lower after a big jump last week on Hope's R.A. interest rate cuts from the Federal Reserve, the Dow loss 349, the NASDAQ off 47.” ([04:51])

---

Timestamps for Key Segments

• 00:02 — Federal Reserve shakeup: Removal of Lisa Cook
• 00:46 — Utah redistricting court ruling
• 01:07 — Israel/Gaza: Hospital bombing and Netanyahu’s statement
• 01:36 — Helicopter crash (UK), nationwide burglary ring bust
• 03:09 — U.S. defense contractor charged with espionage in Germany
• 03:57 — Elon Musk’s antitrust lawsuit against Apple & OpenAI
• 04:11 — Keurig Dr. Pepper’s acquisition of JDE Peet’s
• 04:51 — Daily stock market close

---

Summary

This news-packed episode delivers headline-driven reporting on breaking U.S. and international events—from seismic personnel changes at the Federal Reserve to pivotal shifts in the coffee business landscape, wartime tragedies in the Middle East, and the US-China espionage drama. Concise updates and powerful quotes characterize the episode’s fast-clip, information-rich tone—keeping listeners informed of the day’s most urgent political and business developments.

Transcript

[Lisa Lucera]

She's out. I'm Lisa Lucera, Fox News. President Trump removes a Federal Reserve Board member, citing allegations of mortgage fraud.

[Narrator/Reporter]

In a letter shared to Truth Social, President Trump says he's removing Federal Reserve Governor Lisa Cook from her position effective immediately. He cites a criminal referral from Bill Pulte, the director of the Federal Housing Finance Agency, who has claimed Cook falsified bank documents and property records, allegedly alleging she claimed two different properties were her primary residences when obtaining mortgages in 2021. In the letter addressed to Cook, the president explains, in light of your deceitful and potentially criminal conduct in a financial matter, I do not have such confidence in your integrity. Cook was appointed by former President Biden and has been serving a term that ends in 2038.

[Lisa Lucera]

Cox's Kristen Goodwin the judges ruled the Utah Legislature will need to redraw the state's congressional map for the 2026 midterm, saying the current map drawn in 2021 was in violation of voters around a commission created by voters to ensure districts aren't drawn to favor any party. Israel's prime minister reacts after a bombing at a hospital in Gaza.

[News Correspondent]

Prime Minister Benjamin Netanyahu says Israel deeply regrets the bombing at the Nasser Hospital Monday that's killed at least 20 people, calling it a tragic mishap. Netanyahu says, quote, our war is with Hamas terrorists. Our just goals are defeating Hamas and bringing our hostages home. Among those killed were several journalists, including a freelancer for the Associated Press and a reporter for Al Jazeera. Dozens of journalists have been killed while covering the war between Israel and Hamas.

[Lisa Lucera]

Fox's Ryan Schmell's helicopter has crashed during a flight lesson off the Isle of Wight on the south coast of England, killing three people and leaving one person seriously injured. Law enforcement in Los Angeles have arrested seven men they say are part of a burglary crew linked to nearly 100 break ins across the country. America is listening to Fox.

[Commercial/Advertiser]

What does the future hold for business? Ask nine experts and you'll get 10 answers. Bull market, bear market. Inflation's up or down. Can someone please invent a crystal ball? Until then, over 42,000 businesses have future proofed their business with Netsuite by Oracle, the number one cloud erp bringing accounting, financial management, inventory, HR into one fluid platform with one unified business management suite. There's one source of truth giving you the visibility and control you need to make quick decisions. With real time insights and forecasting, you're peering into the future with actionable data when you're closing the books in days not weeks. You're spending less time looking backwards and more time on what's next. Whether your company is earning millions or even hundreds of millions, NetSuite helps you respond to immediate challenges and seize your biggest opportunities. So speaking of opportunity, download the CFO's Guide to AI and Machine Learning at netsuite.com fox the guide is free to you at netsuite.com fox netsuite.com fox An.

[Lisa Lucera]

American Defense contractor in Germany is charged with offering US Secrets to China.

[News Analyst]

German prosecutors charge an American civilian military contractor stationed at a US military base in Germany since 2020 started approaching Chinese government officials last summer approach them repeated repeatedly offering to hand over classified information about US Military operations. But the aspiring spy, identified as Martin D. Wasn't at it for long. Arrested in November at Frankfurt airport, now indicted, charged with having declared willingness to engage in espionage for a foreign intelligence service. German prosecutors call it a particularly serious case. But German media report the suspect apparently didn't manage to pass any intel to the Chinese and before his arrest and detention. Therese Crowley, FOX News Elon Musk is.

[Lisa Lucera]

Accusing Apple and OpenAI of teaming up to end competition in artificial intelligence. He filed an antitrust lawsuit against them. OpenAI accused Musk of harassment. Apple didn't immediately comment. A popular coffee brand has a new owner.

[News Correspondent]

There's a coffee merger that Keurig Dr. Pepper believes will lead to the world's number one pure play coffee company. Keurig Dr. Pepper is buying the parent company of Peet's Coffee, Amsterdam based JDE Peetz. It's an $18 billion deal. The Peetz brand is based in Emeryville, California. And Keurig Dr. Pepper plans to split its coffee and soft drink companies into two businesses. In addition to Dr. Pepper, it owns 7Up, Snapple and Energy drinks Bloom and Ghost. The coffee business includes Green Mountain and Keurig machines. Keurig Dr. Pepper has two headquarters in Burlington, Massachusetts and Frisco, Texas.

[Lisa Lucera]

Fox's Ginny Casolo. Wall street stocks closed lower after a big jump last week on Hope's R.A. interest rate cuts from the Federal Reserve, the Dow loss 349, the NASDAQ off 47. I'm Lisa Lacera. This is Fox News.

[Narrator/Reporter]

Creating your own business is everything. Getting it registered in compliance, not so much. LegalZoom has everything you need to launch, run and protect your business all in one place. LegalZoom has already helped launch, run and protect millions of businesses. LegalZoom, now you're in business. Get everything you need from setup to [e-mail] LegalZoom provides access to independent attorneys and self service tools. LegalZoom is not a law firm and does not provide legal advice except for authorized through its subsidiary law firm, LZ Legal Services llc.