5PM ET 01/21/2026 Newscast

Summary

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Fox News Hourly Update – 5PM ET, January 21, 2026

Main Theme:
This episode delivers a swift, news-packed update on critical global political developments, emerging legal and legislative stories in the U.S., severe winter weather alerts, Hollywood headlines, and Wall Street's strong rally.

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Key Discussion Points & Insights

1. Major U.S.-NATO Deal on Greenland & Arctic (00:02–01:23)

• President Trump Steps Back on Tariffs:
  President Trump announces a pause on threatened tariffs for Europe, citing a newly established framework for a future deal on Greenland and the Arctic, following talks with NATO leadership.
• Uncertain Details, Positive Rhetoric:
  Trump signals the agreement is a work-in-progress but emphasizes its historic scope for security and mineral access. He notably describes it as “infinite,” aiming for a “good position” for all, especially over vital mineral resources.
• Geopolitical Context:
  The U.S. move comes as China retains dominance over rare earth minerals crucial for modern tech. The focus is now on diversifying mineral supply chains away from China.
• Industry Perspective:
  Critical Metals Corp, active in Greenland, confirms plans to begin drilling within two years, with minerals already allocated equally between the U.S. and Europe.

Notable Quotes:

• “If consummated, it will be a great one for the United States of America and all NATO nations.”
  — President Trump (Reported by Jared Halpern, 00:14)
• “It's a long term deal. It's the ultimate long term deal. I think it puts everybody in a really good position...”
  — President Trump (Quoted by Lisa Brady, 00:42)
• “Developing an ecosystem outside of China is essential for all of the West.”
  — Critical Metals Corp (Reported by Madison Allworth, 01:11)

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2. Clinton Contempt Resolutions & Epstein Probe (01:23–02:04)

• Congressional Investigation:
  The House Oversight Committee advances contempt resolutions against Bill and Hillary Clinton for not appearing in the Jeffrey Epstein investigation.
• Political Divides:
  Some Democrats view the move as a distraction from fully releasing Epstein files. Nine Democrats joined in a 34 to 8 committee vote to advance the resolutions.

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3. Immigration Policy & Protests in Minnesota (02:15–02:47)

• VP Vance's Planned Visit:
  Vice President J.D. Vance will travel to Minnesota as anti-ICE protests persist amid a legal tug-of-war between state and federal authorities.
• Court Ruling:
  A federal appeals court pauses a previous order that restricted federal agents from using force against peaceful protesters.
  Homeland Security maintains no force is used against lawful protesters.

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4. National Winter Storm Alerts (02:47–03:09)

• Severe Weather Set to Hit:
  Over 175 million people fall under winter weather warnings. A major storm is forecast to sweep across more than 30 states, starting Friday.
• Potential Impact:
  Southern Plains expected to get heavy snow and ice, with over 18 inches in some areas. The storm will subsequently move into Tennessee, the Southeast, and Northeast.

Notable Forecast:
“We're looking at the potential here for over a foot and a half of snow, mainly north of Interstate 40 and up the I35 corridor.”
— Madison Allworth (02:47)

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5. Razzie Nominations Announced (03:09–04:02)

• Hollywood’s “Worst of the Year”:
  The Disney remake “Snow White” and “War of the Worlds” both top the 2026 Razzies with six nominations, including Worst Picture.
• Other Contenders:
  “Hurry Up Tomorrow,” “Star Trek Section 31,” and “The Electric State” are also in the running. Notably, Jared Leto and Michelle Yeoh (despite her recent Oscar win) are up for acting “honors.”
• Event Timing:
  Razzies will be awarded March 14th, the day before the Oscars.

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6. Wall Street Rally (04:02–End)

• Market Response:
  Stock markets surge on the tariff stand-down:
  • Dow Jones up 588 points to above 49,000
  • S&P 500 and Nasdaq also climb over 1%

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Timestamps for Key Segments

• Deal with NATO/Greenland & Tariffs: 00:02–01:23
• Clinton/Epstein Probe Update: 01:23–02:04
• Minnesota ICE Protests & Legal Battle: 02:15–02:47
• Winter Storm Alerts: 02:47–03:09
• Razzies Nominations: 03:09–04:02
• Wall Street Rally: 04:02–End

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Memorable Moments

• President Trump’s description of the Greenland-Arctic deal as “infinite” and the “ultimate long term deal.” (00:42)
• Critical Metals Corp’s assertion on the global necessity to bypass China for rare earth supplies. (01:11)
• Major storm warning with potential for more than 18 inches of snow as reported by weather and news anchors. (02:47)
• Razzie nominations highlight, with Oscar-winner Michelle Yeoh nominated for a worst actress award. (03:22)

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Overall Tone:
Concise, authoritative, and focused—typical of Fox’s brisk news updates. The cast maintains urgency and significance throughout, covering global politics, national security, legal controversies, weather emergencies, cultural commentary, and financial news.

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Transcript

[Lisa Brady]

Ratcheting down the rhetoric on Lisa Brady, Fox News. President Trump backing off on tariff threats against Europe, announcing that during a meeting with the head of NATO a framework was reached for a future deal on Greenland and the Arctic region.

[Jared Halpern]

In a truth Social post, the president did not detail the agreement but writes if consummated, it will be a great one for the United States of America and all NATO nations. He also says the breakthrough is enough to hold off on tariffs he had planned to impose on NATO allies because beginning next month. It signals a significant change in tone from the president as his desire for a US Takeover of the Danish territory risk destabilizing the transatlantic alliance.

[Lisa Brady]

Fox's Jared Halpern in Washington. The president later telling reporters the deal is still a work in progress, but using words like infinite to describe it. It's a long term deal. It's the ultimate long term deal. I think it puts everybody in a really good position, especially he says, for security and minerals, though he told reporters earlier today Greenland was not needed for anything but security. Right now, China controls most of the world's rare earth minerals, which are critical for modern technology.

[Madison Allworth]

We spoke to Critical Metals Corp. A mining exploration and development company with a mine in Greenland. They say developing an ecosystem outside of China is essential for all of the West.

[Lisa Brady]

Fox businesses, Madison Allworth. The company says they'll be drilling in Greenland in the next two years with the results already spoken for. Half for Europe, half for the US Former President Clinton and Hillary Clinton one step closer to a possible criminal probe as the House Oversight Committee advances contempt resolutions over their failure to appear in a Jeffrey Epstein investigation. Some Democrats say it's an effort to steer attention away from not releasing the full Epstein files. Nine Democrats were part of the panel's vote today to advance the contempt resolutions 34 to 8. America is listening to FOX News. This is Ainsley Earhart. Thank you for joining me for the 52 episode podcast series the Life of.

[Jared Halpern]

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.

[Lisa Brady]

Vice President J.D. vance plans to visit Minnesota tomorrow as anti ice protests continue along with legal fights between the state and federal government. A federal appeals court today pausing a lower court order that restricted immigration agents. Use of force against peaceful protesters. Homeland Security has argued force is not used against people protesting peacefully. About 175 million people already under winter weather alerts as a powerful storm begins. A march across the US expected to hit at least 30 states.

[Madison Allworth]

We're going to start to see some large impacts starting on Friday for the Southern Plains. That's where we have the potential for not only ice but also a lot of snow. We're looking at the potential here for over a foot and a half of snow, mainly north of Interstate 40 and up the I35 corridor. Now this is going to be progressing out towards the east, moving into parts of Tennessee, also the Southeast and, yes, the Northeast.

[Lisa Brady]

Fox Weather meteorologist Brittany Merwin the storm could coat parts of the Gulf coast and southeast with ice and dump heavy snow on the Northeast by Sunday. The Razzie nominations are out.

[Michelle Paulino]

This is Our Kingdom Snow White leads the 2026 Razzies, which celebrates the worst films and actors in Hollywood with six nominations, including worst picture. The Disney remake starring Rachel Zegler is tied with War of the Worlds, which also landed six nods, including best picture. The two films will compete for the top honor of worst against Hurry Up Tomorrow, Star Trek, Section 31 and the Electric State. Other notable nominees include Jared Leto for Tron Aries and recent Oscar winner Michelle Yeoh for her turn in Star Trek section 31. The 2026 Razzies will be handed out March 14th and the day before the Oscars. Michelle Paulino, Fox News Wall street rallies.

[Lisa Brady]

As the president cancels a tariff threat. The Dow up 588 points back over 49K. The S& P and the Nasdaq also up more than 1%. Lisa Brady, Fox News.