4PM ET 07/01/2026 Newscast

Summary

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Fox News Hourly Update – 4PM ET, July 1, 2026

Host: Lisa Brady, FOX News Podcasts
Episode Theme:
A roundup of the day's top stories: President Trump's visit to the new Theodore Roosevelt Presidential Library, updates on AI regulations and financial disclosures, heightened security for July 4th celebrations, an airport slot machine jackpot, and U.S. markets closing mixed.

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Presidential Tribute at the Theodore Roosevelt Library

[00:03–00:25]

• President Trump honors Theodore Roosevelt at the opening of the new presidential library in Medora, North Dakota.
• Trump’s remarks:

  “On the steps of the burning hills, we dedicate a living monument to a legend, a statesman, a soldier, frontiersman, and a true American hero.” — President Donald Trump [00:14]

• The library features interactive technology including AI, allowing visitors to "ask Roosevelt questions."
• Historical note: Roosevelt credited his time in Medora, especially after losing his mother and wife on the same day, as shaping his presidency.

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AI Regulation & National Security

[00:25–01:21]

• Anthropic's AI Models (Claude Fable 5, Mythos 5):
  • Previously restricted for foreign nationals due to security concerns.
  • Trump administration lifts restrictions but maintains ongoing review for national security.
  • OpenAI is delaying a new product launch at the request of the administration.
• Executive Order:
  • President Trump signed an order requiring federal review of advanced AI systems for national security risks.
• Memorable Explanation:

  “The Trump administration has raised cybersecurity concerns with the AI models.” — Technology Correspondent [00:48]

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Trump Denies Personal Involvement in Investments

[01:21–01:43]

• Financial disclosures reveal Trump made nearly $1.2 billion through cryptocurrency businesses.
• Trump responds to questions about his finances:

  “Well, I've made a lot of money before I became president. And they invest my money. And I don't talk to him. I never, I don't even speak to him. So I have many people, I don't know what they call closed accounts or something. You put your money in and that's it.” — President Donald Trump [01:30]

• Context: Some Democrats have called for investigations into the president’s cryptocurrency dealings.

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July 4th Security Measures in New York City

[02:16–02:55]

• NYC prepares for large-scale events: fireworks, World Cup matches, and the “Sail 4th250” parade.
• Mayor Zoran Mamdani:

  “We continue to operate in a heightened threat environment. At this time, there are no specific and credible threats and we are taking every possible precaution.” — [02:30]

• Security Details:
  • Heavy weapons teams, K9 units, thousands of officers, as well as aviation, harbor, and counter-drone teams deployed.
  • NYPD Commissioner Jessica Tisch confirms the extensive security operations.

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Heat Wave and High-Profile Wedding Rumors

[03:01–03:17]

• Extreme heat affects multiple states from the Midwest to the East Coast.
• Rumor: Taylor Swift and Travis Kelce’s wedding may take place at Madison Square Garden this Friday (not confirmed).

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Airport Jackpot: Lucky Layover in Las Vegas

[03:17–04:00]

• At Harry Reid International Airport, a traveler named Anthony wins a $3.3 million jackpot on a Wheel of Fortune slot while waiting for a flight.

• The win is one of the largest airport slot payouts ever.

  “Suddenly, that extra hour between flights doesn't sound like such a bad deal.” — Matt Murphy [04:00]

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Stock Market Update

[04:00–04:15]

• Markets ended mixed for July's first day.
• The Dow Jones Industrial Average closed down 13 points.

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Notable Quotes and Moments

• President Trump on Roosevelt: “He was quite something. He was really quite something.” [00:07]
• President Trump on his investments: “I have many people, I don't know what they call closed accounts or something. You put your money in and that's it.” [01:30]
• Airport win: “Suddenly, that extra hour between flights doesn't sound like such a bad deal.” — Matt Murphy [04:00]
• Mayor Mamdani on public safety: “There are no specific and credible threats and we are taking every possible precaution.” [02:30]

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Timestamps of Major Segments

• 00:03 – Trump’s tribute at the Roosevelt Library
• 00:25 – AI regulation and model restrictions
• 01:21 – Trump responds to financial disclosure
• 02:16 – July 4th security in NYC
• 03:01 – Heat wave and celebrity wedding rumor
• 03:17 – $3.3M Vegas airport slot machine win
• 04:00 – Stock market recap

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Overall, the episode delivers concise updates on politics, national security, public safety, financial news, and some light human-interest stories, maintaining the crisp, news-focused tone typical of Fox News Radio.

Transcript

[Lisa Brady]

The president pays tribute to a predecessor on Lisa Brady, FOX News.

[President Donald Trump]

He was quite something. He was really quite something.

[Lisa Brady]

He's at the new Theodore Roosevelt Presidential Library in Medora, North Dakota.

[President Donald Trump]

On the steps of the burning hills, we dedicate a living monument to a legend, a statesman, a soldier, frontiersman, and a true American hero.

[Lisa Brady]

Roosevelt said he would never have become president without his time in Medora, where he found solace and strength and after personal tragedy, the deaths of his mother and wife on the same day. The library opens to the public Saturday. It has interactive features including a chance to ask Roosevelt questions with the help of AI the Trump administration lifting restrictions on Anthropic's latest AI model.

[Technology Correspondent]

Anthropic's Claude Fable 5 is now available as well as access the Mythos 5. Both AI models were blocked for use by foreign nationals by the Commerce Department last month, forcing the company to take down the products just days after their release. The Trump administration has raised cybersecurity concerns with the AI models. Another company, OpenAI, is restricting the release of its new AI product at the request of the Trump administration. President Trump signed an executive order last month establishing a framework for the federal government to check advanced AI systems for national security concerns.

[Lisa Brady]

Fox's Jared Halpern in Washington. Before traveling earlier today, the president denying personal involvement in his investments. Answering questions from reporters.

[President Donald Trump]

Well, I've made a lot of money before I became president. And they invest my money. And I don't talk to him. I never, I don't even speak to him. So I have many people, I don't know what they call closed accounts or something. You put your money in and that's it.

[Lisa Brady]

This after a financial filing showing he made nearly $1.2 billion from cryptocurrency businesses. Some Democrats in Congress have previously called for investigations. The Dow fluctuating just before the bell, closing down 12 points. America's listening to FOX News.

[Sports Commentator]

And we're live on matchday as Doug reaches for a buffalo wing. He's got it. Oh, and he's gone for a can of Pepsi, too. What a finish. There's no doubt about it. It just tastes better. Match Days deserve Pepsi.

[Lisa Brady]

Extra tight security for America. 250 celebrations in New York.

[Tanya J. Powers]

July 4th fireworks, the world cup and a massive parade of ships are happening in and around New York City. And Mayor Zoran Mamdani says steps are being taken to keep people safe.

[Lisa Brady]

We continue to operate in a heightened threat environment. At this time, there are no specific and credible threats and we are taking every possible precaution.

[Tanya J. Powers]

NYPD Commissioner Jessica Tisch says there will be a heavy police presence along the waterfronts for the sail 4th250 parade of tall ships.

[Lisa Brady]

There will be heavy weapons teams, K9 units and thousands of uniformed officers. Aviation, harbor and our counter drone teams

[Tanya J. Powers]

will also sale fourth 250 events run through next Wednesday in New York City. Tanya J.

[Lisa Brady]

Powers, FOX News Multiple states also dealing with extreme heat from the Midwest to the East. There's also tight security planned around Madison Square Garden, where a source now tells the Associated Press, Taylor Swift and Travis Kelce will celebrate their wedding on Friday, the couple not confirming their plans. Most air travelers try to avoid layovers, but waiting for a connecting flight in Vegas turned out to be time well spent for one lucky person.

[Airport Official]

Airport officials say a passenger identified only as Anthony was at Harry Reid International Airport Sunday when he slipped just $10 into a wheel of Fortune slot machine near the sea gates and hit a $3.3 million jackpot. The airport is famous for having hundreds of slot machines scattered throughout its terminals, giving travelers one last chance to gamble before leaving town. This ranks among the biggest airport slot payouts ever. Suddenly, that extra hour between flights doesn't sound like such a bad deal.

[Lisa Brady]

Matt Murphy, FOX News Recapping stocks, July gets off to a mixed start and then stocks finish lower. The Dow dropping 13 points on Lisa Brady, FOX NEWS

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