5PM ET 01/01/2026 Newscast

Summary

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Fox News Hourly Update – 5PM ET 01/01/2026 – Episode Summary

Overview

This Fox News Hourly Update provides a concise roundup of major domestic and international news stories from January 1, 2026. Key topics include the historic inauguration of New York City’s first Muslim mayor, a deadly fire in Switzerland, U.S.–China tensions over military drills near Taiwan, an alleged daycare center robbery in Minnesota amid a fraud probe, and congressional wrangling over health care subsidies as the country enters the midterm election season. The tone remains urgent and factual, with direct quotes and eyewitness insights adding depth.

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1. New York City’s Historic Mayoral Inauguration

• Main Story: Zoram Mandani is inaugurated as New York City’s first Muslim mayor.

  • Jack Callaghan (00:02): “The inauguration ceremony for newly elected Mayor Zoram Mandani held on the steps of City Hall this afternoon after he was officially sworn in earlier around midnight.”

• Support from Political Figures:

  • Alexandria Ocasio-Cortez (00:15): “I stand before you, moved by the privilege of taking this sacred oath, humbled by the faith that you have placed in me.”
  • Jack Callaghan (00:24): Notes Ocasio-Cortez’s strong support, emphasizing Mandani as the leader to “help lead the city into a new era and fight for middle class Americans.”
  • Unnamed Reporter (00:37): “In Zahran Mamdani, we have chosen a mayor who is relentlessly dedicated to making life not just possible but aspirational for working people.”

• Historical Note:

  • Jack Callaghan (00:48): “34-year-old Mamdani is making history by becoming the first Muslim mayor in the city's history.”

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2. Switzerland Nightclub Fire Disaster

• Incident Details:

  • Jack Callaghan (00:48): Reports dozens presumed dead and nearly 100 injured after a fire at a Swiss bar during a New Year’s party.

• On-the-Ground Account:

  • Reporter (01:01): “13 helicopters and 42 ambulances rushed to the scene. In fact, first responders were on scene two minutes after the first call.”
  • Describes the chaos: panicked partygoers escaping, some breaking windows.
  • Two potential fire causes: a firecracker or champagne bottle sparklers igniting the ceiling, triggering an explosion (flashover/backdraft).

• Ongoing Investigation:

  • Jack Callaghan (01:41): “The cause of that fire remains under investigation.”

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3. U.S.–China Tensions Over Taiwan

• Jack Callaghan (01:41): Reports the State Department is calling on China to end military drills near Taiwan, claiming, “they are increasing tensions unnecessarily.”

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4. Minnesota Daycare Robbery and Federal Funding Freeze

• Alleged Crime:

  • Jack Callaghan (02:28): “Daycare center in Minnesota is claiming to have been robbed recently.”
  • Alexandria Ocasio-Cortez (02:34): Explains the daycare “is one of the dozens flagged to state investigators earlier this year for receiving more than a million dollars in federal funding despite having multiple and repeated violations on record.”
  • Details of the break-in: two men entered by cutting through cinder block and interior walls, stole business records.

• Speculation and Investigation:

  • Some suggest the break-in “could be a cover up of wrongdoing.”
  • Ongoing police and state fraud probe.

• Federal Response:

  • Jack Callaghan (03:11): “Department of Health and Human Services has frozen funding for various programs in Minnesota because of the ongoing fraud probe.”

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5. Health Care Subsidies & Congressional Gridlock

• Subsidy Expiration:

  • Political Analyst (03:23): “These now expired subsidies are the reason Democrats shut down the government in October, but lawmakers still couldn't reach a deal before this New Year's deadline.”
  • Political pressure: “The pressure is on for Republicans to do something on health care this year, especially before the midterms.”

• Competing Plans:

  • Democrats want to extend Obamacare subsidies, keeping costs down.
  • Republicans allege Obamacare is rife with fraud and want reforms.
  • President’s stance: “No more money to fat cat insurance companies. The money must go directly to the people to buy their own health care.” — from Truth Social (03:58)

• Upcoming Votes:

  • Jack Callaghan (04:06): “Fox's Rebecca Castor reports another vote to extend the subsidies is expected later this month.”

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6. National Guard Withdrawal Announcement

• President Trump’s Announcement:
  • Plans to remove National Guard troops from Chicago, Louisiana, and Portland: “but adds, they'll come back, crime goes up again.” (04:16)

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Notable Quotes & Moments

• “In Zahran Mamdani, we have chosen a mayor who is relentlessly dedicated to making life not just possible but aspirational for working people.” — Unnamed Reporter, 00:37
• “...officials say the fire likely triggered the release of combustible gases, causing a flashover or a backdraft. Basically an explosion.” — Reporter, 01:17
• “No more money to fat cat insurance companies. The money must go directly to the people to buy their own health care.” — President Trump, via Truth Social, 03:58

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Timestamps for Key Segments

| Time | Segment | |---------|------------------------------------------------------| | 00:02 | NYC Mayoral Inauguration | | 00:48 | Swiss Bar Fire | | 01:41 | U.S.–China–Taiwan Tensions | | 02:28 | Minnesota Daycare Robbery & Fraud Probe | | 03:11 | Federal Funding Freeze in Minnesota | | 03:23 | Health Care Subsidies Debate & Political Implications| | 04:06 | Upcoming Health Care Subsidy Vote | | 04:16 | President Trump’s National Guard Announcement |

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Conclusion

This Fox News Hourly Update delivers a brisk yet thorough rundown of significant domestic and global stories, with a focus on political turning points, public safety crises, and policy showdowns. The reporting style is direct, highlighting accountability and consequence for leaders and institutions alike. The inclusion of multiple speaker perspectives, poignant quotes, and clear timestamps makes this episode a quick yet comprehensive catch-up for listeners on the first day of 2026.

Transcript

[Jack Callaghan]

New York City has a new mayor. I'm Jack Callaghan, Fox News. The inauguration ceremony for newly elected Mayor Zoram Mandani held on the steps of City hall this afternoon after he was officially sworn in earlier around midnight.

[Alexandria Ocasio-Cortez]

I stand before you, moved by the privilege of taking this sacred oath, humbled by the faith that you have placed in me.

[Jack Callaghan]

Democrat Congresswoman Alexandria Ocasio Cortez spoke at the ceremony in support of the newly elected mayor and emphasizing he is a leader whom she says will help lead the city into a new era and fight for middle class Americans.

[Reporter]

In Zahran Mamdani, we have chosen a mayor who is relentlessly dedicated to making life not just possible but aspirational for working people.

[Jack Callaghan]

34 year old Mamdani is making history by becoming the first Muslim mayor in the city's history. A fire in a Swiss bar leaves dozens presumed dead and nearly 100 others injured. At a New Year's party.

[Reporter]

13 helicopters and 42ambulances rushed to the scene. In fact, first responders were on scene two minutes after the first call. Police say a fire broke out at Le Consolation Bar in Crohn's, Montana. It happened just after 1:30am the cause of the fire is not officially known, but two theories have emerged. Some say it was a firecracker, while two witnesses claim champagne bottles with sparklers caught the ceiling on fire. Panicked partygoers ran for their lives out of the basement, up the narrow stairs and out the door, while others broke windows just to to escape. Officials say the fire likely triggered the release of combustible gases, causing a flashover or a backdraft. Basically an explosion.

[Jack Callaghan]

Fox is definitely better. The cause of that fire remains under investigation. State Department calling on China to end its military drills near Taiwan, saying they are increasing tensions unnecessarily. America is listening to FOX News.

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[Jack Callaghan]

Daycare center in Minnesota is claiming to have been robbed recently. As Fox's Garrett Henney reports, this particular.

[Alexandria Ocasio-Cortez]

Daycare center was not featured in Nick Shirley's viral video, but it is one of the dozens flagged to state investigators earlier this year for receiving more than a million dollars in federal funding despite having multiple and repeated violations on record. The owners of Nokomis Daycare say surveillance cameras captured two men breaking into their business, claiming they cut through an outside cinder block wall crossing, crawled through an interior wall and busted their way in before getting into an office and stealing business records, including personal information of who attends the daycare. While the Minneapolis police are investigating this reported break in, some are suggesting it could be a cover up of wrongdoing.

[Jack Callaghan]

Department of Health and Human Services has frozen funding for various programs in Minnesota because of the ongoing fraud probe. Congressional Republicans facing pressure to address health care as subsidies for the Affordable Care.

[Political Analyst]

Act expire these now expired subsidies are the reason Democrats shut down the government in October, but lawmakers still couldn't reach a deal before this new year's deadline. And now the pressure is on for Republicans to do something on health care this year, especially before the midterms. It's what lawmakers were working on before the holiday recess. Democrats wanted to extend the Obamacare subsidies to keep health care costs down, but most Republicans believe Obamacare is filled with fraud and want changes. Although negotiations on new proposals stalled before Christmas, the president wants federal aid to go directly to patients. Writing on Truth Social no more money to fat cat insurance companies. The money must go directly to the people to buy their own health care.

[Jack Callaghan]

Fox's Rebecca Castor reports another vote to extend the subsidies as expected later this month. President Trump says his administration will remove National Guard troops from Chicago, Louisiana and Portland, but adds, they'll come back, crime goes up again. I'm Jack Callaghan. This is Fox News.

[Reporter]

This is Ainslie Earhart. Thank you for joining us me for the 52 episode podcast series the Life.

[Jack Callaghan]

Of Jesus, a listening experience that will provide hope, comfort and understanding of the greatest story ever told. Listen and follow [e-mail] or wherever you listen to podcasts.