5PM ET 01/28/2026 Newscast - Fox News Hourly Update

Summary5 min read

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.

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Transcript20 lines

[00:03]
A
Democrats demanding change Lisa Brady, FOX News. With the Senate facing a Friday night deadline to avoid a government shutdown, Senate Democrats want an ICE related amendment to a DHS funding bill.
[00:14]
B
There needs to be a uniform code.
[00:16]
A
Of conduct and accountability. Senate Minority Leader Chuck Schumer says federal agents should be held to the same use of force policies as state and local officers and be required to unmask and wear body cameras. Senate Majority Leader John Thune says the DHS budget also funds other agencies, including FEMA and the tsa.
[00:34]
C
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.
[00:45]
A
Republicans also noting that last year's big beautiful bill included ice funding into 2029 and that killing the current DHS bill won't change that again. Schumer wants an amendment to the DHS bill, but it's part of a package of six spending bills passed by the House already with bipartisan support. Multiple facing federal charges in Minnesota, where anti ICE protests continue.
[01:08]
B
Attorney General Pam Bondi on X saying she's on the ground in Minneapolis where federal agents have arrested 16 Minnesota rioters for allegedly assaulting, resisting and impeding federal law enforcement agents. The arrests include a Twin Cities teaching assistant accused of ramming a federal vehicle two weeks ago in suburban Minneapolis.
[01:28]
A
Fox's Jeff Benasso, also in Minnesota to Border Patrol agents who fired their weapons during the confrontation that killed Alex Preddy last weekend are on administrative leave. Secretary of State Marco Rubio offering reassurance at a Senate hearing about Venezuela.
[01:42]
D
I can tell you right now with full certainty we are not postured to, nor do we intend or expect to have to take any military action in Venezuela.
[01:49]
A
Though he adds the president could act to eliminate a threat if needed. Also saying a month after the ouster of Nicolas Maduro, there's still no timetable for a democratic transition. America's listening to Fox News.
[02:00]
E
This is Ainsley Earhart. Thank you for joining me for the 52 episode podcast series the Life of.
[02:05]
B
Jesus, a listening experience that will provide hope and understanding of the greatest story ever told. Listen and follow now@foxnewspodcasts.com or wherever you.
[02:13]
A
Listen to podcasts during that foreign policy hearing. Secretary of State Rubio also telling senators the Iranian regime is probably weaker than it's ever been and that more protests.
[02:24]
D
Will happen because 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.
[02:34]
A
President Trump posting a warning about an armada heading to Iran, urging them to negotiate a fair deal deal, adding no nuclear weapons.
[02:42]
E
The rhetoric is getting increasingly heated from the leaders in Iran. We have a statement from one of those leaders in which he said that any U.S. strike would be met with an immediate response, unprecedented. He described. We also heard from Iran's foreign minister that the armed forces in Iran have their fingers on the trigger.
[03:01]
A
Fox's Jennifer Griffin. The Treasury Department holding a summit on the president's new Trump accounts for children.
[03:07]
F
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.
[03:18]
A
A growing number of companies providing some of the seed money for the government backed accounts which would unlock when a child turns 18 for education, housing or to start a business. And like retirement accounts are tied to US Stock index funds. A fairly upbeat assessment of the US Economy from the Fed calling the pace of growth solid with improvement in the labor market since the last meeting. The Fed leaving its benchmark interest rate unchanged today after three quarter point rate cuts last year.
[03:47]
C
This normalization of our policy stance should help stabilize the labor market while allowing inflation to resume its downward trend toward 2%.
[03:55]
A
Fed Chair Jerome Powell also saying they'll let data light the way for future meetings as the president continues to push for lower interest rates. A mixed finish on Wall Street. The Dow up 12 points. The S&P topping 7,000 but finishing down a fraction. The NASDAQ up 40. I'm Lisa Brady, FOX News.