12AM ET 07/04/2025 Newscast

Summary

Fox News Hourly Update – Detailed Summary Episode: 12AM ET, July 4, 2025 | Release Date: July 4, 2025

The latest edition of the Fox News Hourly Update delivered comprehensive coverage of significant national and international events, political developments, economic updates, and notable incidents. Excluding advertisements and non-content segments, the episode is structured into the following key sections:

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1. Historic Passage of the Big Beautiful Bill

Host Carmen Roberts opens the broadcast celebrating the recent legislative triumph:

"Celebrating the big beautiful bill's passage." [00:03]

Former President Donald Trump lauds the current state of the nation under his administration:

"The golden age of America is upon us." [00:08]

Roberts details President Trump's enthusiasm following the House's approval of a substantial tax cut and spending package:

"President Trump basking in the glow of victory after just hours after the House passed the massive tax cut and spending bill." [00:11]

Trump emphasizes the unprecedented success of his administration:

"165 days into the Trump administration, America is on a winning streak like frankly, nobody's ever seen before in the history of the presidency." [00:20]

He appeared at the 250th Independence Day Festival at the Iowa State Fair, where he commended Republican lawmakers and criticized Democrats. Plans are underway for Trump to sign the bill into law during a Fourth of July event at the White House, complemented by a military jet flyover. The bill includes making the 2017 tax cuts permanent, reducing safety net programs to fund increased spending, and is expected to escalate the national deficit by over $3 trillion.

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2. Political Reactions and Future Implications

An unnamed Republican expresses skepticism regarding the bill's long-term perception among Americans, particularly concerning its costs related to health coverage reforms:

"Some Republicans voice concern over Americans will ultimately perceive the mega bill's cost in health coverage reforms." [00:58]

Democrats warn that the legislation could jeopardize the GOP's majority in future elections. The Democratic Congressional Campaign Committee (DCCC) has released a memo stating their intent to highlight the bill's detrimental effects up to the November 2026 elections:

"From now until November 2026, the DCCC will continue to communicate the harm this bill will cause." [00:58]

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3. Legal Update: Vance Belter’s First Court Appearance

Fox's Alexandria Hoff reports on the legal proceedings involving Vance Belter, accused of the tragic murders of Minnesota Democratic lawmaker Melissa Hortman and her husband, along with injuring other individuals by impersonating a police officer:

"Fox's Alexandria Hoff, the man accused of killing a Minnesota Democratic lawmaker and her husband, made his first court appearance." [01:18]

Unnamed Reporter provides further details:

"Vance Belter was in court for a detention and preliminary examination hearing. He waived his right to both. He told the judge he looks forward to the facts of what happened on the 14th coming out to the judge and the public." [01:25]

Belter's alleged crimes include the murders of Melissa Hortman and her husband, and the injuries to lawmaker John Hoffman and his wife, all committed while he posed as a police officer.

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4. Stock Market Milestones

Fox's Jessica Rosenthal delivers financial news, highlighting a bullish market close:

"Fox's Jessica Rosenthal and the S&P 500 and NASDAQ closed at record highs. The Dow jumped more than 300 points. America's listening to Fox News." [01:48]

This surge underscores investor confidence amid ongoing economic policies enacted by the Trump administration.

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5. International Relations: President Trump’s Stance on Ukraine and Russia

Carmen Roberts reports on President Trump's comments regarding U.S. military assistance to Ukraine and his recent communication with Russian President Vladimir Putin:

"News President Trump complained Thursday that the U.S. provided too many weapons to Ukraine under the previous administration, but has suggested he is not completely cutting off assistance." [02:29]

Trump discussed his conversation with Putin, addressing the lack of progress in ending the war:

"We talked about a lot of things, including Iran, and we also talked about, as you know, the war with Ukraine, and I'm not happy about that." [02:46]

The Kremlin has responded by asserting that President Putin remains steadfast in his objectives concerning Ukraine and Gaza.

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6. Tragic Loss: Death of Actor Michael Madsen

The episode covers the sudden passing of Michael Madsen, a renowned actor:

"Michael Madsen, an actor known for his tough guy characters, dies suddenly Michael Madsen." [02:58]

Unnamed Reporter provides details on the circumstances:

"The gravel voice tough guy who became a Quentin Tarantino staple, has died at 67 years old. The actor was found unresponsive Thursday morning at his Malibu home, according to the Los Angeles County Sheriff's Department." [03:25]

His representative confirmed that Madsen succumbed to cardiac arrest. Madsen was celebrated for his roles in "Reservoir Dogs," "Kill Bill," "The Hateful Eight," and "Once Upon a Time in Hollywood," among others, leaving a lasting legacy in Hollywood cinema.

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7. Immigration Enforcement: Arrest of Julio Cesar Chavez Jr.

Carmen Roberts reports on the detention of the prominent Mexican boxer Julio Cesar Chavez Jr. by ICE agents:

"Michelle Paulino, Fox News ICE agents arrested famed Mexican boxer Julio Cesar Chavez Jr. For overstaying his visa and lying on a green card application and say that he will be deported to Mexico to face organized crime charges." [04:06]

Chavez Jr.'s attorney vehemently disputes the allegations:

"His attorney calls the allegations outrageous." [04:06]

The case raises significant discussions about immigration policies and the enforcement actions taken by ICE.

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This summary encapsulates the major discussions and insights presented in the Fox News Hourly Update on July 4, 2025, providing a comprehensive overview for listeners and those who missed the live broadcast.

Transcript

[Carmen Roberts]

Celebrating the big beautiful bill's passage. I'm Carmen Roberts, FOX News.

[Donald Trump]

The golden age of America is upon us.

[Carmen Roberts]

President Trump basking in the glow of victory after just hours after the House passed the massive tax cut and spending bill.

[Donald Trump]

165 days into the Trump administration, America is on a winning streak like frankly, nobody's ever seen before in the history of the presidency.

[Carmen Roberts]

And he appeared Thursday night at the 250th Independence Day Festival at the Iowa State Fair, where he praised Republican lawmakers and bashed Democrats. The president plans to sign the bill into law during a Fourth of July picnic at the White House, topping it off with a military jet flyover. The president's budget Bill makes his 2017 tax cuts permanent, cuts safety net programs to help pay for increased spending and is projected to add more than $3 trillion to the deficit.

[Unnamed Republican]

Some Republicans voice concern over Americans will ultimately perceive the mega bill's cost in health coverage reforms. Democrats predict it will cost the GOP its majority. The Democratic Congressional Campaign Committee released a memo stating from now until November 2026, the DCCC will continue to communicate the harm this bill will cause.

[Carmen Roberts]

Fox's Alexandria Hoff, the man accused of killing a Minnesota Democratic lawmaker and her husband, made his first court appearance.

[Unnamed Reporter]

Vance Belter was in court for a detention and preliminary examination hearing. He waived his right to both. He told the judge he looks forward to the facts of what happened on the 14th coming out to the judge and the public. Felter's accused of murdering Minnesota House Speaker Emeritus Melissa Hortman and her husband and of injuring lawmaker John Hoffman and his wife inside each of their homes while posing as a police officer.

[Carmen Roberts]

Fox's Jessica Rosenthal and the S&P 500 and NASDAQ closed at record highs. The Dow jumped more than 300 points. America's listening to Fox News.

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[Carmen Roberts]

News President Trump complained Thursday that the U.S. provided too many weapons to Ukraine under the previous administration, but has suggested he is not completely cutting off assistance. Earlier, he spoke to Russian President Putin and said they did not make any progress in ending the war.

[Donald Trump]

We talked about a lot of things, including Iran, and we also talked about, as you know, the war with Ukraine, and I'm not happy about that.

[Carmen Roberts]

The Kremlin says President Putin is not giving up on his goals in Ukraine, Gaza. Health officials say Israeli airstrikes and shootings killed 94 Palestinians since late Wednesday, including 45 attempting to get much needed humanitarian aid. At least 13 members of a single family were killed, including at least six children under 12. Michael Madsen, an actor known for his tough guy characters, dies suddenly Michael Madsen.

[Unnamed Reporter]

The gravel voice tough guy who became a Quentin Tarantino staple, has died at 67 years old. The actor was found unresponsive Thursday morning at his Malibu home, according to the Los Angeles County Sheriff's Department. His rep confirmed he suffered cardiac arrest. Known for his menacing charm, Madsen was a fixture in Tarantino's films, most notable for his dance moves in Reservoir Dogs.

[Unnamed Voice]

Hey, what's going on?

[Unnamed Reporter]

Madsen starred in Kill Bill, the Hateful Eight and Once Upon a Time in Hollywood and in many other films like Thelma and Louise, Donnie Brasco, Sin City and dozens more acting credits since his start in the 1980s.

[Carmen Roberts]

Michelle Paulino, Fox News ICE agents arrested famed Mexican boxer Julio Cesar Chavez Jr. For overstaying his visa and lying on a green card application and say that he will be deported to Mexico to face organized crime charges. His attorney calls the allegations outrageous. I'm Carmen Roberts. This is Fox News.

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