12PM ET 06/28/2025 Newscast

Summary

Fox News Hourly Update – 12PM ET, June 28, 2025

On today's episode of the Fox News Hourly Update, hosts delve into a range of pressing national and international issues, offering comprehensive coverage and insightful analysis. Below is a detailed summary of the key topics discussed, complete with notable quotes and timestamps for reference.

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1. Senate Advances President Trump's "Big Beautiful Bill"

Timestamp: [00:03] – [00:46]

The Senate is actively working to pass President Trump's highly anticipated legislation, referred to as the "big beautiful bill." Fox News Radio's Jack Callaghan introduces the topic by highlighting recent developments:

Jack Callaghan [00:03]: "The Senate is trying to pass the president's big beautiful bill on Jack Callaghan, Fox News, the full text of which has now been released."

Jessica Rosenthal provides an in-depth analysis of the proposed changes, particularly focusing on Medicaid:

Jessica Rosenthal [00:15]: "Medicaid, the Senate proposed capping a tax that states charge healthcare providers like hospitals and nursing homes. This tax increases the total amount a state pays for Medicaid, and since the federal government matches that amount, the thinking was cutting the tax would reduce the amount the federal government spends on the program."

However, these modifications faced a setback when the Senate parliamentarian ruled them out of bounds for a reconciliation bill:

Jessica Rosenthal [00:38]: "While the Senate parliamentarian has ruled all of that would violate the rules for how you craft reconciliation bill."

Addressing the resistance from the parliamentarian, President Trump weighed in:

President Trump [00:38]: "Said Friday the parliamentarian has been a little difficult and I would say that I disagree with the parliamentarian on some things."

Senate Majority Leader John Thune responded by affirming the Senate's stance:

Jessica Rosenthal [00:46]: "Senate Majority Leader John Thune said they will not overrule the parliamentarian. Doing so could subject the bill to a 60 vote threshold rather than the simple majority that's needed."

The Senate remains steadfast in its approach, ensuring the bill progresses without requiring a supermajority.

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2. Supreme Court's Limitation on Nationwide Injunctions

Timestamp: [00:57] – [03:00]

Jack Callaghan transitions to judicial matters, emphasizing a significant Supreme Court decision:

Jack Callaghan [00:57]: "The Supreme Court has limited nationwide injunctions, clearing the way for President Trump to move ahead with some policies."

Madeleine Rivera reports from the White House, detailing the administration's perspective:

Madeleine Rivera [01:06]: "The high court did not rule on the constitutionality of birthright citizenship, though, so its fate is unclear. Still, the decision is a major win for the administration, which has railed against federal judges."

Rivera highlights that President Trump's second term has seen an unprecedented number of nationwide injunctions:

Madeleine Rivera [01:28]: "There have been more than 30 nationwide injunctions in President Trump's second term, and that is about as much as what former Presidents Obama, Bush and Biden face in their terms combined."

President Trump voiced his frustration with the judiciary's interference:

President Trump [01:28]: "These judges have attempted to dictate the law for the entire nation. In practice, this meant that if any one of the nearly 700 federal judges disagreed with the policy of a duly elected president of the United States, he or she could block that policy from going into effect or at least delay it for many years."

Further judicial decisions were discussed, including a ruling favoring religious parents in Maryland:

Jack Callaghan [01:49]: "The court also sided with religious parents in Maryland, allowing them to opt their children out of school lessons involving LGBTQ material."

This decision underscores the ongoing debates over educational content and parental rights.

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3. President Trump's Tensions with Iran

Timestamp: [02:30] – [03:12]

Steve Harrigan reports from Doha, focusing on escalating tensions between President Trump and Iran:

Steve Harrigan [02:35]: "In Qatar, President Trump sharply criticizing the supreme leader for his claims of victory, also warning Iran if they try to enrich uranium to a dangerous level, the US Would not hesitate to bomb the country."

President Trump directly addressed Iran's leadership:

President Trump [02:49]: "And I said, look, you're a man of great faith, man who's highly respected in this country. You have to tell the truth. You got beat to hell."

Additionally, Trump took to social media to assert his influence over Iran's leadership:

Steve Harrigan [02:58]: "President Trump also posted that it was he who saved the ayatollah from what he called an ugly death."

Iran's foreign ministry responded to Trump's remarks, emphasizing the need for respectful discourse:

Steve Harrigan [02:58]: "Iran's foreign ministry responded, saying if President Trump wants a deal, he would have to drop what it calls a disrespectful tone towards the ayatollah."

In a follow-up, Jack Callaghan reported Iran's foreign minister's stance:

Jack Callaghan [03:12]: "Iran's foreign minister has denied any plans to meet with U.S. officials."

The ongoing friction highlights the fragile state of U.S.-Iran relations under the current administration.

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4. U.S.-Canada Trade Talks Suspended

Timestamp: [03:12] – [03:54]

The focus shifts to North American trade relations, with Jared Halpern reporting from the White House:

Jack Callaghan [03:12]: "The president halting trade talks with Canada over a new technology tax. As Fox's Jared Halperin reports, Canada's collection."

Jared Halpern elaborates on the situation:

Jared Halpern [03:24]: "Of digital services taxes on US Tech firms amounts to a blatant attack. President Trump says, announcing he will end all trade talks with the northern neighbor."

President Trump expressed his frustrations with Canada:

President Trump [03:33]: "Canada has been a very difficult country to deal with over the years."

Despite the suspension of talks, Trump downplayed the immediate impact on trade:

President Trump [03:44]: "You know, we do a lot of business with Canada, but relatively little. They do most of their businesses with us. And when you have that circumstance, you treat people better."

Previously, both nations had aimed to conclude a new trade agreement within 30 days, but these negotiations have stalled:

Jared Halpern [03:54]: "Earlier this month, the US And Canada had announced a goal of reaching a new trade deal within 30 days."

The breakdown in discussions underscores the complexities of international trade, especially concerning emerging technology taxes.

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5. Warren Buffett's Historic Donation

Timestamp: [04:03] – [04:27]

In a noteworthy segment, Jack Callaghan highlights a significant philanthropic move by Warren Buffett:

Jack Callaghan [04:03]: "Berkshire Hathaway CEO Warren Buffett is donating another $6 billion in company stock to the Gates foundation and four family charities. It marks his biggest annual donation since he began giving away his fortune in 2006. The donations will be delivered on Monday."

Additionally, Buffett announced his plans to retire:

Jack Callaghan [04:03]: "Buffett plans to step down by the end of this year as Berkshire Hathaway's CEO."

This monumental donation not only reflects Buffett's enduring commitment to philanthropy but also signals a major transition for Berkshire Hathaway's leadership.

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Conclusion

Today's Fox News Hourly Update provided listeners with a comprehensive overview of significant legislative developments, judicial decisions, international tensions, trade negotiations, and notable philanthropic activities. Through in-depth reporting and direct quotes from key figures, the episode offered valuable insights into the current political and economic landscape.

Stay tuned for more updates and analyses as stories continue to unfold.

Transcript

[Jack Callaghan]

The Senate is trying to pass the president's big beautiful bill on Jack Callahan, Fox News, the full text of which has now been released. Changes made after the Senate parliamentarian said it temporarily tried to save money through.

[Jessica Rosenthal]

Medicaid, the Senate proposed capping a tax that states charge healthcare providers like hospitals and nursing homes. This tax increases the total amount a state pays for Medicaid, and since the federal government matches that amount, the thinking was cutting the tax would reduce the amount the federal government spends on the program. While the Senate parliamentarian has ruled all of that would violate the rules for how you craft reconciliation bill, President Trump.

[President Trump]

Said Friday the parliamentarian has been a little difficult and I would say that I disagree with the parliamentarian on some things.

[Jessica Rosenthal]

Senate Majority Leader John Thune said they will not overrule the parliamentarian. Doing so could subject the bill to a 60 vote threshold rather than the simple majority that's needed needed now. Jessica Rosenthal, Fox News.

[Jack Callaghan]

The Supreme Court has limited nationwide injunctions, clearing the way for President Trump to move ahead with some policies. Fox's Madeleine Rivera reports from the White House.

[Madeleine Rivera]

The high court did not rule on the constitutionality of birthright citizenship, though, so its fate is unclear. Still, the decision is a major win for the administration, which has railed against federal judges. There have been more than 30 nationwide injunctions in President Trump's second second term, and that is about as much as what former Presidents Obama, Bush and Biden face in their terms combined.

[President Trump]

These judges have attempted to dictate the law for the entire nation. In practice, this meant that if any one of the nearly 700 federal judges disagreed with the policy of a duly elected president of the United States, he or she could block that policy from going into effect or at least delay it for many years.

[Jack Callaghan]

The court also sided with religious parents in Maryland, allowing them to opt their children out of school. Lessons involving LGBTQ material. Americans listening to Fox News.

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[Jack Callaghan]

President Trump has some choice words for Iran, as Fox's Steve Harrigan reports from Doha.

[Steve Harrigan]

In Qatar, President Trump sharply criticizing the supreme leader for his claims of victory, also warning Iran if they try to enrich uranium to a dangerous level, the US Would not hesitate to bomb the country. Once again, here's President Trump.

[President Trump]

And I said, look, you're a man of great faith, man who's highly respected in this country. You have to tell the truth. You got beat to hell.

[Steve Harrigan]

President Trump also posted that it was he who saved the ayatollah from what he called an ugly death. Iran's foreign ministry responded, saying if President Trump wants a deal, he would have to drop what it calls a disrespectful tone towards the ayatollah.

[Jack Callaghan]

Iran's foreign minister has denied any plans to meet with U.S. officials. The president halting trade talks with Canada over a new technology tax. As Fox's Jared Halperin reports, Canada's collection.

[Jared Halpern]

Of digital services taxes on US Tech firms amounts to a blatant attack. President Trump says, announcing he will end all trade talks with the northern neighbor.

[President Trump]

Canada has been a very difficult country to deal with over the years.

[Jared Halpern]

Speaking with reporters, the president downplayed the lack of a trade agreement with Canada, saying the U.S. holds all the cards.

[President Trump]

You know, we do a lot of business with Canada, but relatively little. They do most of their businesses with us. And when you have that circumstance, you treat people better.

[Jared Halpern]

Earlier this month, the US And Canada had announced a goal of reaching a new trade deal within 30 days. At the White House, Jared Halpern, FOX News.

[Jack Callaghan]

Berkshire Hathaway CEO Warren Buffett is donating another $6 billion in company stock to the Gates foundation and four family charities. It marks his biggest annual donation since he began giving away his fortune in 2006. The donations will be delivered on Monday. Buffett plans to step down by the end of this year as Berkshire Hathaway's CEO. I'm Jack Callaghan. This is FOX news.

[Kennedy]

Hey, it's Kennedy. And I am here to save your Fourth of July. Our special episode live from Langan's in New York City drops on Wednesday, July 2nd. I'm going to be joined by Rosanna Scotto, Dr. Drew Pinsky, Emily Campagno and Jimmy Fala. Listen and follow@fox newspodcast.com.