1PM ET 11/11/2025 Newscast

Summary

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Fox News Hourly Update – 1PM ET 11/11/2025 Newscast

Main Theme/Overview

This episode focuses on key national news developments from November 11, 2025, covering President Trump’s Veterans Day appearance, the ongoing government shutdown, legislative clashes over hemp regulation, Senate Democratic leadership turmoil, a Dallas Mavericks leadership shakeup, and financial market updates.

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Key Discussion Points & Insights

1. Veterans Day Observance & Military Policies

• President Trump at Arlington National Cemetery (00:11–00:44)
  • Event: Laid a wreath at the Tomb of the Unknown Soldier on a cold Veterans Day.
  • Notable Declaration: President Trump suggests renaming the day and the military department:
    • “Veterans Day should also be known as Victory Day... we have officially renamed the Department of Defense back to the original name, Department of War.” — President Trump [00:24–00:37]
  • Policy Promises:
    • Vows to eliminate VA medical center backlogs.
    • Aims to reduce veteran unemployment.
  • Tone: Assertive, patriotic, stressing restoration of military pride.

2. Government Shutdown and Funding Bill Developments

• Shutdown Enters 42nd Day [00:44–00:53]

  • The House is expected to vote on a short-term spending bill, already passed by the Senate.
  • The shutdown has become a pivotal issue with political and policy ramifications.

• Hemp Industry Loophole Debate [00:53–01:44]

  • The new spending bill seeks to close a loophole enabling unregulated THC products—a billion-dollar industry.
  • Senate Division:
    • “Senator Rand Paul offered an amendment which was defeated to remove language in the government funding package that targets the hemp industry.” — Lisa Brady [01:07]
    • Senator Mitch McConnell argued for targeting intoxicating THC products: “This language merely classifies the original intent of the 2018 farm bill, rooting out the bad actors.” — Mike Emanuel quoting McConnell [01:22]
  • Once law, the funding package will close the loophole, impacting the hemp sector nationally.
  • The US Hemp Roundtable general counsel notes their seven-year push for clear federal regulation.

3. Democratic Party Leadership Tensions

• Schumer’s Leadership Questioned [02:31–03:09]
  • Seven Democratic senators and an independent joined Republicans to pass a government funding bill.
  • President Trump critiques Schumer’s tactics:
    • “He thought he could break the Republicans and the Republicans broke him.” — President Trump [02:49]
  • Progressive Democrats urge Schumer to step down, but he has not signaled resignation.
  • Schumer blames President Trump for the continued shutdown and says the administration’s policies are costly for Americans.

4. Health Insurance Policy Debate

• President Trump’s Market-Based Proposal [03:09–03:30]
  • Advocacy for a competition-driven health insurance system using government subsidies as consumer “bargaining chips.”
  • Continuing critique of Biden-era policies for on-going affordability issues.

5. Dallas Mavericks Leadership Shakeup

• Nico Harrison Fired as GM and President [03:43–04:13]
  • Context: Harrison executed an unpopular trade, sending Luka Doncic to the LA Lakers last winter.
  • Persistent fan protests demanding his removal: “fire Nico.”
  • Dismissal came after another blown lead and visible fan frustration with team governor Patrick Dumont present.
  • Michael Finley and Matt Riccardi named Co-interim GMs.

6. Financial Markets Update

• Strong Day for the Dow [04:13–04:16]
  • Dow up 496 points; S&P in the green; Nasdaq down 82.

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Notable Quotes & Memorable Moments

• On Renaming Veterans Day and the Defense Department:
  • “US we're restoring the pride and the winning spirit of the United States military. That's why we have officially renamed the Department of Defense back to the original name, Department of War.”
    — President Trump [00:24–00:37]
• On Schumer’s Position in the Shutdown:
  • “He thought he could break the Republicans and the Republicans broke him.”
    — President Trump [02:49]
• On Hemp Bill Amendment:
  • “Senator Rand Paul offered an amendment which was defeated to remove language in the government funding package that targets the hemp industry.”
    — Lisa Brady [01:07]
  • “This language merely classifies the original intent of the 2018 farm bill, rooting out the bad actors.”
    — Mike Emanuel [01:22]

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Timestamps for Important Segments

• 00:11 – President Trump’s Veterans Day remarks at Arlington.
• 00:44 – Details on government shutdown and funding bill.
• 01:07–01:44 – Senate hemp regulation clash and legislation fallout.
• 02:31–03:09 – Senate Democrat infighting over Schumer’s leadership.
• 03:18 – Discussion on health insurance reform.
• 03:43–04:13 – Mavericks fire GM Nico Harrison.
• 04:13 – Market performance summary.

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This concise yet comprehensive news update delivers the latest political, legislative, sports, and market updates from the FOX News network on Veterans Day, 2025.

Transcript

[Lisa Brady]

The commander in chief pays tribute on Lisa Brady, FOX NEWS to all who have served.

[Jared Halpern]

On a cold, blustery day at Arlington National Cemetery, President Trump laid a wreath at the Tomb of the Unknown Soldier. President Trump says Veterans Day should also be known as Victory Day in the.

[President Trump]

US we're restoring the pride and the winning spirit of the United States military. That's why we have officially renamed the Department of Defense back to the original name, Department of War.

[Jared Halpern]

The president is also vowing to get rid of backlogs at VA medical centers and reduce the veteran unemployment rate.

[Lisa Brady]

Fox's Jared Halpern at the White House. It's day 42 of the government shutdown with a House vote up next for the new short term spending bill that passed the Senate yesterday. The House speaker hoping for a vote tomorrow. And that deal to end the government shutdown would also close a loophole that has allowed a hemp compound to become a billion dollar industry. Dividing Kentucky's two Republican senators.

[Senator Rand Paul]

Senator Rand Paul offered an amendment which was defeated to remove language in the government funding package that targets the hemp industry. On the other side, Senator Mitch McConnell, who supports targeting THC products that can make you high.

[Mike Emanuel]

This language merely classifies the original intent of of the 2018 farm bill, rooting out the bad actors.

[Senator Rand Paul]

All indications are the hemp loophole, which allowed unregulated THC products to be manufactured and sold nationwide, will be closed once the funding package is signed into law.

[Lisa Brady]

Ox's Mike Emanuel, the general counsel for the US Hemp Roundtable, says they've been pushing for federal regulation for seven years. America is listening to FOX news.

[Karamo]

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[Lisa Brady]

Some Democrats say their party needs a new leader in the U.S. senate after.

[Ryan Schmell]

Seven Democratic senators and an independent who caucuses with the party join Republicans to pass a bill to reopen the government. President Trump tells fox's Laura Ingraham he thinks the GOP got the best of Senate Minority Leader Chuck Schumer he just went too far.

[President Trump]

He thought he could break the Republicans and the Republicans broke him.

[Ryan Schmell]

The top Senate Democrat did not vote for the measure, but a number of progressives in the party are calling for Schumer to be replaced. The New York Democrat has not given any indication he plans to step aside. On Capitol Hill. Ryan Schmell's Fox News Schumer still blames.

[Lisa Brady]

The president for the shutdown and says his policies are costing Americans money. The president argues more competition would lead to better, cheaper health insurance.

[Edward Lawrence]

President Trump he wants to use basically a competition health insurance sort of system here where government subsidies will go to Americans that they can use as bargaining chips for the big companies.

[Lisa Brady]

Fox Business Edward Lawrence at the White House, which also blames Biden administration policies for lingering issues with affordability in general. A firing in Dallas will make some NBA fans happy the Mavericks fired their.

[Jared Max]

General manager and president of basketball operations Nico Harrison, the man who executed the most unpopular trade in team history when he dealt the face of the franchise, the Slovenian superstar Luka Doncic, to the Los Angeles Lakers last winter. That night, as shockwaves rippled through the NBA and the rest of the sports world, fans in Dallas protested outside the Mavericks home arena where a cacophony of chats by fans could be heard at every home game since saying fire Nico. It happened again Monday with team governor Patrick Dumont sitting courtside when the Mavericks blew a 13 point fourth quarter lead.

[Lisa Brady]

And lost Fox's Jared Max. The Mavericks appointing Michael Finley and Matt Riccardi as Co interim GMs. A big rally for the Dow. It's up 496 points. The S and P now also in the green. Nasdaq's down 82. Elisa Brady, Fox News It's Will Kane.

[Mike Emanuel]

Country Watch it live at noon Eastern Monday through [e-mail] or on the Fox News YouTube channel. And don't miss the show. Listen and follow the podcast five days a week at foxnewspodcasts.com or wherever you download your favorite podcasts.