Fox News Hourly Update – 5PM ET 01/28/2026

Main Theme:
This newscast delivers a concise roundup of the day’s leading national stories, with a focus on looming government funding challenges, political debates over DHS and ICE policy, updates from Minnesota protest arrests, foreign policy developments concerning Venezuela and Iran, economic news, and the latest moves on Wall Street.

1. Government Shutdown Deadline and DHS Funding Debate

• Senate Deadlock Over DHS Funding Bill

  • Senate Democrats are pushing for an amendment related to ICE (Immigration and Customs Enforcement) policy within the Department of Homeland Security (DHS) funding bill.
  • Senate Minority Leader Chuck Schumer calls for federal agents to be subject to the same use of force standards, requiring them to "unmask and wear body cameras."
    • Notable quote:

      "There needs to be a uniform code of conduct and accountability."
      — Chuck Schumer, Senate Minority Leader [00:13]

  • Senate Majority Leader John Thune emphasizes the bill’s broader scope:
    • The DHS budget funds other agencies such as FEMA and TSA.
    • $20 million is allocated for body cameras and additional millions for de-escalation training, which were Democratic priorities.
    • Notable quote:

      “It also has important reforms that Democrats have requested, including body cameras. About $20 million in there for that, a couple million dollars in there for de-escalation training—things the Democrats have said that they wanted.”
      — John Thune, Senate Majority Leader [00:34]

  • Republicans point out that ICE is already funded through 2029 thanks to previous legislation, so defunding the current bill will not affect ICE operations.
  • Schumer’s desired amendment is part of a broader package with some bipartisan support in the House.

  Timestamps:

  • Senate debate begins: [00:03] – [00:45]

2. Protests and Charges in Minnesota

• Minnesota Anti-ICE Protests Lead to Charges

  • Federal charges brought against several individuals in Minnesota linked to ongoing anti-ICE protests.
  • Attorney General Pam Bondi reports from the scene:
    • 16 rioters arrested for alleged assault and obstruction of federal law enforcement.
    • Among those arrested: a Twin Cities teaching assistant accused of ramming a federal vehicle.
      • Notable quote:

        “Federal agents have arrested 16 Minnesota rioters for allegedly assaulting, resisting and impeding federal law enforcement agents.”
        — Pam Bondi, Attorney General [01:07]

  • Two border patrol agents are on administrative leave after a fatal altercation during the protests.

  Timestamps:

  • Minnesota protests/arrests report: [01:07] – [01:27]

3. Foreign Policy Highlights: Venezuela & Iran

• Venezuela

  • Secretary of State Marco Rubio responds at a Senate hearing:
    • Asserts that the U.S. has no intention or expectation of military action in Venezuela.
    • States that while there’s no set timeline for a democratic transition post-Maduro, any threat could prompt presidential action.
      • Notable quote:

        “We are not postured to, nor do we intend or expect to have to take any military action in Venezuela.”
        — Marco Rubio, Secretary of State [01:41]

  • Remarks after Nicolas Maduro’s ouster, with Venezuela facing uncertainty.

• Iran

  • Rubio notes that Iran’s regime is weaker than ever, likely to face more protests unless they enact change or “leave.”
    • Notable quote:

      “This regime, unless they are willing to change and/or leave, have no way of addressing the legitimate and consistent complaints of the people of Iran who deserve better.”
      — Marco Rubio, Secretary of State [02:24]

  • President Trump issues a warning about an armada heading to Iran, demanding “no nuclear weapons.”
  • Iranian officials respond with escalating rhetoric, promising unprecedented retaliation should the U.S. strike.
    • Notable quote:

      “Any U.S. strike would be met with an immediate response, unprecedented, he described.”
      — Jennifer Griffin, FOX News [02:41]

  Timestamps:

  • Venezuela update: [01:41] – [01:49]
  • Iran escalation: [02:13] – [03:01]

4. Domestic Policy & Economic Updates

• “Trump Accounts” for Newborns

  • Treasury Department announces government-backed savings accounts for newborn American children.
  • These accounts are seeded by both the government and private companies, aimed at financing future education, housing, or entrepreneurship.
    • Notable quote:

      “For the first time ever, we're going to give every newborn American child a financial stake in the future. Head Start life and a fair shot at the American dream.”
      — Unnamed Treasury Department official [03:07]

• Federal Reserve Assessment

  • Fed reports solid economic growth and job market improvements.
  • Leaves benchmark interest rate unchanged after prior rate cuts, with the chair emphasizing a data-driven approach for future decisions.
    • Notable quote:

      “This normalization of our policy stance should help stabilize the labor market while allowing inflation to resume its downward trend toward 2%.”
      — Fed Chair Jerome Powell [03:46]

• Wall Street

  • Mixed day for markets:
    • Dow up 12 points.
    • S&P topped 7,000 but finished slightly down.
    • NASDAQ up 40 points.

  Timestamps:

  • Trump accounts/economic update: [03:01] – [03:55]

5. Notable Quotes & Memorable Moments

• Uniform Code for Federal Agents:

  “There needs to be a uniform code of conduct and accountability.”
  — Chuck Schumer, [00:13]

• Body Cameras and De-escalation Funding:

  “It also has important reforms that Democrats have requested…”
  — John Thune, [00:34]

• Arrests in Minnesota:

  “Federal agents have arrested 16 Minnesota rioters…”
  — Pam Bondi, [01:07]

• U.S. Stance on Venezuela:

  “We are not postured to, nor do we intend or expect to have to take any military action in Venezuela.”
  — Marco Rubio, [01:41]

• Assessment of Iran’s Leadership:

  “This regime, unless they are willing to change and or leave, have no way of addressing the legitimate and consistent complaints of the people of Iran who deserve better.”
  — Marco Rubio, [02:24]

• Launch of Child Savings Accounts:

  “For the first time ever, we're going to give every newborn American child a financial stake in the future.”
  — Unnamed Treasury Department official, [03:07]

• Fed’s Policy Stance:

  “This normalization of our policy stance should help stabilize the labor market…”
  — Jerome Powell, [03:46]

Summary Flow and Usefulness

This Fox News Hourly Update provided listeners with a brisk, issue-driven overview of major political debates in Congress, significant law enforcement actions in Minnesota, key developments in American foreign policy toward Venezuela and Iran, new domestic financial initiatives, and financial market performance. The episode’s tone remained factual and focused, in keeping with traditional news reporting.