12PM ET 06/03/2026 Newscast

Summary

Fox News Hourly Update – 12PM ET 06/03/2026 Newscast

Main Theme

This episode delivers a fast-paced roundup of significant national and international news stories on June 3, 2026. Major topics include escalating tensions and U.S. involvement in the Middle East, debates over Iran policy on Capitol Hill, New York’s proposed AI data center moratorium, high-stakes election results in California, a congressional hearing on the future of college sports, and updates on Wall Street market fluctuations.

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Key Discussion Points & Insights

1. U.S.–Iran Tensions and Capitol Hill Hearings

• Secretary of State Marco Rubio’s Testimony

  • Rubio appeared before Congress for a second consecutive day, facing tough questions—primarily from Democrats—about the administration’s Iran strategy.
  • Gregory Meeks, a New York Congressman, pressed Rubio on whether President Trump was warned about the domestic costs of the Iran conflict, particularly on gas, food, and travel prices.
    • Quote:

      “Yes or no? Did you warn President Trump before the Iran war began that this conflict would drive up cost on gas, food, travel?”
      – Marco Rubio relaying Meeks’s question (00:13)

  • Rubio confirmed the administration knew about the risks but countered that the risk of Iran acquiring a nuclear weapon was graver.
    • Quote:

      “The president and the full administration was aware that there would be consequences to action, but the consequences of Iran having a nuclear weapon were.”
      – Marco Rubio (00:26)

  • Rubio defended the latest U.S. military strikes on Iran as defensive, arguing that Iran’s targeting of commercial shipping warranted U.S. retaliation.

• Middle East Updates

  • Trey Yingst, reporting from Tel Aviv, described fresh Iranian attacks on Kuwait and Bahrain, resulting in one fatality and over 60 injuries.
    • Significant damage occurred at Kuwait’s international airport.
    • U.S. Central Command (CENTCOM) stated another Iranian drone assault on U.S. forces in Kuwait failed to hit its targets.
      • Quote:

        “CENTCOM released a statement saying that an additional wave of Iranian drones attempting to attack US Forces in Kuwait failed to impact intended targets.”
        – Trey Yingst (00:57)

• President Trump’s Approach & Relationship with Israel

  • President Trump continued to express confidence in reaching a deal with Iran while voicing open frustration with Israeli Prime Minister Benjamin “Bibi” Netanyahu. Trump admitted (to the NY Post’s “Pod Force 1”) telling Netanyahu he was “crazy” during a recent phone call.
    • Quote:

      “He said they do work well together, though, that they are both wartime leaders.”
      – Lisa Brady summarizing Trump’s remarks (01:19)

    • Netanyahu responded, downplaying anger but expressing concern over ongoing conflict with Lebanon.
      • Quote:

        “I wouldn’t say angry. I was a little bit perturbed at his constantly fighting with Lebanon. You know, at some point I said maybe we got to stop this.”
        – Bibi Netanyahu (01:23)

  • Trump indicated Iran will not negotiate if fighting in Lebanon continues, stating negotiation is desirable but alternatives remain.
    • Quote:

      “If they reach a deal, that’s fine and if not, they can, quote, do it the other way.”
      – President Trump (01:37)

2. U.S. Domestic News

• Capitol Hill Economic and Security Oversight

  • The Treasury Secretary fielded questions on the economy, while the Homeland Security Secretary underwent scrutiny regarding ICE operations.

• Artificial Intelligence & Data Center Moratorium in New York

  • With mere days left in New York’s legislative session, lawmakers are considering a bill for a one-year halt on permits for new large data centers, citing environmental and energy consumption concerns.
    • This is a compromise from an initial three-year plan.
    • The tech industry opposes a blanket moratorium, preferring case-by-case assessments.
    • Governor Kathy Hochul has not endorsed the moratorium but promises to review it if it reaches her desk.
      • Quote:

        “Concerns over the energy consumption of data centers as well as the environmental impact have led some of those lawmakers to get on board with the idea…”
        – Tanya J. Powers (02:08)

• California Election Updates

  • Vote counts continue after crowded primaries for governor and mayor.
    • Republican Steve Hilton leads Democrat Javier Becerra in the governor’s race (top two advance).
    • LA Mayor Karen Bass currently leads Republican Spencer Pratt.
      • Quote:

        “Republican Steve Hilton is leading Democrat Javier Becerra in the governor’s race. The top two move on. In LA Mayor Karen Bass is ahead of Republican Spencer Pratt.”
        – Lisa Brady (02:47)

• College Sports Reform Debated in Congress

  • Former Alabama football coach Nick Saban addressed a Senate committee about the Protect College Sports Act, arguing that college sports are “drifting toward a professional model.”
    • Saban said a lack of national framework leads to endless lawsuits.
    • The proposed Act would regulate transfer rules, eligibility, and “name, image, and likeness” (NIL) deals.
    • Major athletic conferences (Big Ten and SEC) oppose the bill as written.
      • Quote:

        “If college sports cannot enforce basic rules because of the laws that Congress wrote, then Congress has a responsibility to adjust them.”
        – Senator Ted Cruz (03:32)

      • Quote:

        “Saban said college sports is drifting toward a professional model and without a national framework, every rule turns into another lawsuit.”
        – Jared Max (03:09)

3. Market Watch

• Wall Street Selloff
  • Significant drop in markets, attributed to rising U.S. oil prices nearing $96 per barrel.
    • Quote:

      “The Dow is down 410 as US oil prices get near $96 a barrel…”
      – Lisa Brady (03:50)

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Notable Quotes & Memorable Moments

• “The president and the full administration was aware that there would be consequences to action, but the consequences of Iran having a nuclear weapon were.”
  – Marco Rubio (00:26)

• “Overnight, Iran attacked Kuwait and Bahrain with missiles and drones. At least one person was killed and more than 60 wounded.”
  – Trey Yingst (00:45)

• “I wouldn’t say angry. I was a little bit perturbed at his constantly fighting with Lebanon. You know, at some point I said maybe we got to stop this.”
  – Bibi Netanyahu (01:23)

• “Concerns over the energy consumption of data centers as well as the environmental impact have led some of those lawmakers to get on board with the idea…”
  – Tanya J. Powers (02:08)

• “Saban said college sports is drifting toward a professional model and without a national framework, every rule turns into another lawsuit.”
  – Jared Max (03:09)

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Timestamps for Important Segments

• 00:02 – Capitol Hill: Rubio questioned on Iran
• 00:45 – Mideast escalation: Iran attacks Kuwait/Bahrain
• 01:05 – Trump on Iran, frustrations with Israel’s Netanyahu
• 02:08 – NY debates data center moratorium
• 02:47 – California primary updates
• 03:09 – College sports reform in U.S. Senate
• 03:50 – Stock market sell-off linked to oil prices

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Conclusion

This succinct Fox News Radio update captures the tense global geopolitical climate, significant state legislation under review, the state of U.S. electoral politics, major reform debates in college athletics, and sharp financial market movements—all with quotes and context. It’s a snapshot for listeners needing to catch up quickly on major news as it unfolds.

Transcript

[Lisa Brady]

A trio of Cabinet members on Capitol Hill, Lisa Brady, FOX News. It's the second day in a row for Secretary of State Marco Rubio as Democrats question the president's Iran strategy.

[Marco Rubio]

Yes or no? Did you warn President Trump before the Iran war began that this conflict would drive up cost on gas, food, travel?

[Lisa Brady]

Rubio telling New York Congressman Gregory Meeks

[Marco Rubio]

the president and the full administration was aware that there would be consequences to action, but the consequences of Iran having a nuclear weapon were.

[Lisa Brady]

Rubio also defending the latest US Strikes on Iran as defensives, saying Iran targets commercial ships in the Strait of Hormuz, faces US Retaliation on drones and launchers and then fires on regional targets.

[Trey Yingst]

Overnight, Iran attacked Kuwait and Bahrain with missiles and drones. At least one person was killed and more than 60 wounded.

[Lisa Brady]

Foxes Trey Yinxed in Tel Aviv. There was significant damage to Kuwait's international airport.

[Trey Yingst]

CENTCOM released a statement saying that an additional wave of Iranian drones attempting to attack US Forces in Kuwait failed to impact intended targets.

[Lisa Brady]

Tonight, President Trump still offering reassurance on efforts to make a deal with Iran, while also admitting frustration with Israel's prime minister, at times confirming to The New York Post's Pod Force 1 podcast he did tell Bibi Netanyahu he's crazy. During a call Monday.

[President Trump]

He said they do work well together, though, that they are both wartime leaders.

[Bibi Netanyahu]

I wouldn't say angry. I was a little bit perturbed at his constantly fighting with Lebanon. You know, at some point I said maybe we got to stop this.

[President Trump]

Iranian officials have made it clear they will not work to reach a deal if fighting in Lebanon continues. President Trump said if they reach a deal, that's fine and if not, they can, quote, do it the other way.

[Lisa Brady]

Fox's Jessica Rosenthal, meantime, the U.S. treasury chief facing questions about the economy. On Capitol Hill, where the Homeland Security secretary is spending a second day facing pushback on ICE operations, America is listening to Fox News. New York becomes the latest state to consider tapping the brakes on new data centers as state lawmakers weigh a temporary halt.

[Tanya J. Powers]

With just two days left in New York's legislative session, state lawmakers are looking at which bills to prioritize. Among them a one year moratorium on permits for new large scale data centers that power artificial intelligence. Concerns over the energy consumption of data centers as well as the environmental impact have led some of those lawmakers to get on board with the idea, which had initially been a push for a three year moratorium. The tech industry has opposed the measure pushing that decision should be made on a case by case basis. Governor Kathy Hochul has been resistant to a statewide moratorium, but a spokesperson says she will review the bill if it gets to her desk. In New York, Tanya J. Powers, Fox News the count will continue

[Lisa Brady]

for now in California after crowded races for governor and mayor to see who moves on to November. Right now, Republican Steve Hilton is leading Democrat Javier Becerra in the governor's race. The top two move on. In LA Mayor Karen Bass is ahead of Republican Republican Spencer Pratt. The future of college sports front and center in Washington at a congressional hearing.

[Jared Max]

Former Alabama Crimson Tide football coach Nick Saban was on Capitol Hill Wednesday to address a Senate committee about the bipartisan Protect College Sports Act. Saban said college sports is drifting toward a professional model and without a national framework, every rule turns into another lawsuit. The Senate Commerce, Science and Transportation Committee, chaired by Texas Senator Ted Cruz. If college sports cannot enforce basic rules because of the laws that Congress wrote, then Congress has a responsibility to adjust them. And Ted Cruz hopes the Protect College Sports act will set new rules on transfers, eligibility and name image likeness deals. The Big Ten and SEC already came out against the bill as written. Jared Max, FOX News A sell off

[Lisa Brady]

on Wall street right now The Dow is down 410 as US oil prices get near $96 a barrel, at least.

[President Trump]

The Brady Fox News.