Fox News Hourly Update – 12PM ET 09/02/2025 Newscast

Date: September 2, 2025
Host: Lisa Brady (with reporting by Chad Pergram, Mike Tobin, Jared Halpern, Jared Max)

Episode Overview

This episode delivers a rapid-fire update on the top stories making headlines in the U.S., including the looming threat of a government shutdown, violence in Chicago and political responses, a court ruling on National Guard deployments, an EPA grants dispute, the U.S. Space Command headquarters controversy, Pacific hurricane activity, an IndyCar shakeup, and Wall Street’s midday drop. The episode captures the urgency and diversity of the news landscape with concise reporting and occasional memorable soundbites.

Key Discussion Points & Insights

1. Congress Returns Amid Government Shutdown Threat

• Lawmakers are back in session with an end-of-September deadline to avoid a government shutdown.
• Democrats, led by Senate Minority Leader Chuck Schumer, are under pressure not to make concessions without substantial gains, especially after criticism from liberals for their earlier compromises.
• Schumer and the House Minority Leader are seeking higher-level negotiations with House and Senate leadership, highlighting growing partisan tension over spending.

Quote:

• “There's pressure on Schumer to not back down. Democrats are not ready to deal, especially since President Trump is unilaterally canceling spending.”
  — Chad Pergram (00:13)

2. Chicago Gun Violence & Federal Response Tensions

• Chicago experienced a violent holiday weekend: 58 people shot, 8 killed.
• President Trump declared Chicago “the worst and most dangerous city in the world,” criticizing local and state leadership and hinting at federal intervention.
• Chicago’s mayor is openly resisting federal involvement, signing an executive order to curb cooperation with federal law enforcement and banning face masks for local officers.

Quote:

• “Chicago police will not support their federal counterparts in the likely event they show up in Chicago.”
  — Chad Pergram (01:05)

3. Federal Court on National Guard Deployment in LA

• A federal judge ruled that earlier deployment of the National Guard to Los Angeles violated laws restricting military use for domestic law enforcement.
• The Trump administration argued it was protecting federal assets, not performing law enforcement roles.

4. EPA Grants & Green Bank Dispute

• Appeals court sided with the Trump administration, overturning a federal block on freezing billions in EPA grants aimed at nonprofit-run green banks.

5. U.S. Space Command Headquarters Relocation

• President Trump is set to move the U.S. Space Command HQ to Alabama, reversing President Biden’s 2023 decision to keep it in Colorado.
• Alabama’s Redstone Arsenal was identified as the preferred site in a 2021 Air Force review.
• Alabama lawmakers and state infrastructure, including the Army Space and Missile Defense Command and NASA's Space Flight Center, have advocated for the move.

Quote:

• “Alabama lawmakers have long sought Space Command… The Army Space and Missile Defense Command is in the state along with NASA’s Space Flight Center.”
  — Jared Halpern (02:39)

6. Pacific Storms: Lorena and Kiko

• Tropical Storm Lorena has formed off the Mexican coast and may reach hurricane strength by tomorrow.
• Hurricane Kiko has also formed but poses no threat to land.

7. IndyCar News: Will Power Leaves Team Penske

• IndyCar champion Will Power will not return to Team Penske for an 18th season.
• The move follows contract expiration and speculation about a younger replacement.
• Power’s legacy: 41 wins, most poles in IndyCar history (71), winner of the 2018 Indy 500.

Quote:

• “Will Power, who won two championships for Roger Penske’s IndyCar Racing team and the Indianapolis 500 in 2018, will not return to Team Penske for an 18th season next year.”
  — Chad Pergram (03:35)

8. Wall Street Update

• The Dow has plunged over 500 points, dropping below 45,000.

Quote:

• “Stocks are skidding right now. The Dow’s down more than 500 points, dropping back under 45k…”
  — Jared Max (04:15)

Notable Quotes & Memorable Moments

• “There's pressure on Schumer to not back down. Democrats are not ready to deal, especially since President Trump is unilaterally canceling spending.” — Chad Pergram (00:13)
• “Chicago police will not support their federal counterparts in the likely event they show up in Chicago.” — Chad Pergram (01:05)
• “Alabama lawmakers have long sought Space Command… The Army Space and Missile Defense Command is in the state along with NASA’s Space Flight Center.” — Jared Halpern (02:39)
• “Will Power, who won two championships for Roger Penske’s IndyCar Racing team… will not return to Team Penske for an 18th season next year.” — Chad Pergram (03:35)
• “Stocks are skidding right now. The Dow’s down more than 500 points, dropping back under 45k…” — Jared Max (04:15)

Timestamps for Important Segments

• 00:02 – 00:31: Congress returns; Schumer’s position and government shutdown prospects
• 00:31 – 01:19: Chicago gun violence, Trump’s response, local political friction, and city actions
• 01:19 – 01:59: Federal judge’s National Guard ruling; EPA grants and green banks court update
• 02:31 – 03:08: U.S. Space Command headquarters controversy
• 03:08 – 03:35: Pacific storms update
• 03:35 – 04:15: IndyCar shakeup with Will Power
• 04:15 – 04:29: Wall Street midday slump

Conclusion

This edition of the Fox News Hourly Update highlights a tense Congressional return, contentious city-federal dynamics over violence and policing, judicial rulings shaping national policy, big moves in military command infrastructure, breaking weather updates, important developments in racing, and a slumping stock market—all delivered in a quick, direct Fox News style.