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Sue Guzman
A Federal Reserve governor removed. I'm Sue Guzman, Fox News. President Trump says he is firing a Federal Reserve Board member amid allegations of mortgage fraud. Fox's Kristin Goodwin is more In a.
Kristin Goodwin
Letter shared to Truth Social, President Trump says he's removing Federal Reserve Governor Lisa Cook from her position effective immediately. He cites a criminal referral from Bill Pulte, the director of the Federal Housing Finance Agency, who has claimed Cook falsified bank documents and property records alleging she claimed two different property were her primary residences when obtaining mortgages in 2021. In the letter addressed to Cook, the president explains, in light of your deceitful and potentially criminal conduct in a financial matter, I do not have such confidence in your integrity. Cook was appointed by former President Biden and has been serving a term that ends in 2038. Kristen Goodwin, Fox News.
Sue Guzman
Cook, in a statement, says she will not step down, saying President Trump does not have the authority to remove her. The Federal Reserve is set up to operate independent of the White House. An army veteran was detained outside of the White House accused of burning an American flag. Not long after President Trump signed executive orders yesterday cracking down on people who desecrate and burn the American flag. The president mandating they face prosecution.
President Donald Trump
When you burn the American flag, it incites riots at levels that we've never seen before. People go crazy in a way, both ways. There are some that are going crazy for doing it. There are others that are going to angry angry about them doing it.
Sue Guzman
The order instructs the attorney general to vigorously prosecute people who desecrate the flag. The Supreme Court has already ruled that flag burning is a form of protected speech under the First Amendment. And the House Oversight Committee has subpoenaed Jeffrey Epstein's estate demanding documents that could shed light on his connections and possible misconduct by prosecutors be made available. Lawmakers are seeking answers. America is listening to Fox News.
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Sue Guzman
President Trump trying to organize another summit between South Korea and North Korea. Fox's Jared Halpern reports.
Jared Halpern
President Trump says he looks forward to another meeting with North Korean's authoritarian leader Kim Jong Un. The two held a pair of summits during the president's first term.
President Donald Trump
I get along with him really well. I think he has a country of great potential, tremendous potential.
Jared Halpern
President Trump spoke about a future meeting with Kim as he welcomed South Korea's President Lee Jae Meng to the White House.
President Donald Trump
You know, we really sort of need each other. We love what they do. We love their product. We love their ships. We love a lot of the things that they make.
Jared Halpern
The two leaders are expected to finalize a trade agreement that would see tariffs on South Korean goods lowered at the White House. Jared Halpern, FOX News President Trump has.
Sue Guzman
Signed executive orders to end cashless bail in D.C. and across the country.
Jeff Manasseh
Fox's Jeff Manasseh In D.C. monday, President Donald Trump signing an executive order instructing police to charge suspects with federal crimes and to hold them in federal custody. And another EO that ends cashless bail. President Trump also says the military is ready to go anywhere as he eyes a nationwide expansion of the administration's crackdown on crime that's led to plummeting crime numbers in D.C. in the last 11.
President Donald Trump
Days, we've had no murders here in.
Jeff Manasseh
Chicago, a city the president has said is next on his list. Democrats Mayor Brandon Johnson and Illinois Governor J.B. pritzker criticizing the efforts, saying their there's no emergency and that the president is attempting to manufacture a crisis. Jeff Manasso, FOX News the so called.
Sue Guzman
Flat fire continues to burn in central Oregon, destroying at least four homes, the largest wildfire in Oregon. Growing to nearly 22,000 acres. It's currently only 5% contained. Thousands of residents have been forced to evacuate. Officials telling Fox News Digital the big concern is winds that can shift and, quote, change everything. So far, no injuries are reported. I'm Sue Guzman. This is Fox.
Jeff Manasseh
Will tame country. Watch it live at noon Eastern Monday through Thursday@foxnews.com or on the Fox News YouTube channel. And don't miss the show. Listen and follow the podcast five days a week at foxnewspodcasts.com or wherever you download your favorite podcasts.
Host: Sue Guzman
Podcast: Fox News Hourly Update
Date: August 26, 2025
This concise Fox News Radio newscast delivers the critical stories shaping America on the morning of August 26, 2025. Key topics include the unprecedented removal attempt of a Federal Reserve governor by President Trump, the administration’s clampdown on flag desecration, a Congressional spotlight on Jeffrey Epstein’s estate, North Korea diplomatic developments, new executive orders on bail reform, and a major wildfire threatening Oregon.
[00:02–00:53]
"In light of your deceitful and potentially criminal conduct in a financial matter, I do not have such confidence in your integrity." (Kristin Goodwin quoting Trump, 00:42)
[00:53–01:33]
"When you burn the American flag, it incites riots at levels that we've never seen before. People go crazy in a way, both ways. There are some that are going crazy for doing it. There are others that are going to angry angry about them doing it." (President Trump, 01:17)
[01:33–01:59]
[03:10–03:46]
"I get along with him really well. I think he has a country of great potential, tremendous potential." (President Trump, 03:25)
"We love what they do. We love their product. We love their ships. We love a lot of the things that they make." (President Trump, 03:38)
[03:55–04:43]
"Days, we've had no murders here in." (Trump, 04:24)
[04:43–05:07]
This Fox News update covers a fast-moving news cycle with top-level political, legal, and emergency headlines. The episode captures the assertive tone of President Trump’s policy directives, the ongoing debate on institutional independence, free speech, and intensifying U.S. diplomatic and law enforcement strategies—all delivered in a brisk, direct Fox News style.