7AM ET 02/21/2026 Newscast

Summary

---

Fox News Hourly Update – 7AM ET 02/21/2026 Newscast

Main Theme Overview

This brief 5-minute news update covers major national and international stories, including a landmark U.S. Supreme Court decision impacting President Trump's tariff powers, rising U.S.–Iran tensions, developments in a missing persons case, ongoing investigations involving Prince Andrew, and a much-anticipated Olympic men's hockey gold medal match between the United States and Canada.

---

Key Discussion Points & Insights

1. Supreme Court Decision on Trump’s Tariffs (00:03–00:51)

• Ruling Summary: The Supreme Court, in a 6-3 decision, ruled that President Trump does not have unilateral authority to impose reciprocal tariffs without congressional approval. This restricts his ability to enact tariffs under the International Emergency Economic Powers Act (IEEPA).
• Response and Next Steps: Trump criticized the court, highlighting his belief in tariffs as a tool for national security and foreign negotiation. He’s considering an alternative measure—a temporary 10% global tariff.
• Economic Impact: The U.S. Treasury reports that over $133 billion has been collected from these tariffs so far.

Notable Quote:
“The U.S. Supreme Court Friday rejecting President Trump's ability to impose reciprocal tariffs without an okay from Congress.”
— Paul Stevens (00:03)

Notable Quote:
“President Trump didn't hold back in his criticism of the U.S. Supreme Court… Now he's countering the ruling with an alternative tariff order, which includes setting a temporary 10% global levy.”
— Kevin Cork (00:13)

2. Escalating U.S.–Iran Tensions (00:51–01:41)

• Military Options: President Trump is “considering a limited military strike on Iran” to pressure its leaders on nuclear negotiations.
• Iran’s Response: Iranian officials warn any attack, even limited, would trigger missile strikes on vulnerable U.S. bases in Qatar, UAE, and Bahrain. The U.S. has deployed warplanes to Jordan, increasing regional presence.
• Geopolitical Stakes: The U.S. is sending the USS Gerald R. Ford strike group to the area, as Iran signals it may soon present a nuclear deal proposal.

Notable Quote:
“Iranian leaders have said any attack by the United States, limited or not, would cause them to unleash their vast missile arsenal at US bases vulnerable to attack…”
— Jennifer Griffin (01:09)

3. Nancy Guthrie Missing Person Case Update (02:41–03:27)

• Status: The case is entering its fourth week with little progress. The last confirmed sighting was her entering a home three weeks ago; since then, she has only been seen by her “kidnapper.”
• Investigation Efforts: Hundreds of sheriff's office staff and FBI agents are involved, though the trail is described as “lukewarm.”

Notable Quote:
“The big news is there is no big news. This clearly continues to be a struggle…”
— Jonathan Hunt (02:44)

4. Prince Andrew Investigation (03:27–03:54)

• Law Enforcement Activity: Police searched Prince Andrew’s homes after he was taken into custody for misconduct in public office. The investigation relates to his past relationship with Jeffrey Epstein.

5. Olympic Men’s Hockey Gold Medal Match: US vs Canada (03:54–04:31)

• Upcoming Final: The US and Canadian men’s hockey teams will compete in the Olympic final. US beat Slovakia 6:2 in the semifinals; Canada beat Finland 3:2.
• Historical Context: The last time the US reached the final was in 2010, losing to Canada in overtime. The US hasn’t won Olympic gold since the 1980 “Miracle on Ice.”
• Women’s Team Update: The US women’s team recently defeated Canada to win gold.

Notable Quote:
“Hockey fans will get the matchup they wanted. The United States and Canada will face off on Sunday for an Olympic gold medal.”
— Joe Morgan (03:54)

---

Memorable Moments & Quotes

• “In the coming weeks, the US could find itself in another Middle east war without a clear exit strategy. Squadrons of US Warplanes are now parked on tarmacs in Jordan.”
  — Jennifer Griffin (01:09)

• “It will be exactly three weeks since officials say Nancy Guthrie was dropped off at a home. Opened that garage door, walked in, closed the garage door behind her. And she has never been seen by anybody except the kidnapper since that moment.”
  — Jonathan Hunt (02:44)

• “Team USA faces off against Canada coming up for the men's hockey gold medal.”
  — Paul Stevens (03:27)

---

Important Timestamps

• 00:03–00:51: Supreme Court Ruling on Trump’s Tariff Powers
• 00:51–01:41: U.S.–Iran Tensions; Military Build-Up
• 02:41–03:27: Nancy Guthrie Missing Person Case Update
• 03:27–03:54: Prince Andrew Misconduct Inquiry
• 03:54–04:31: US vs Canada – Olympic Men’s Hockey Final

---

This episode provides quick, direct updates on pressing developments in U.S. trade policy, international security, criminal investigations, and sports, with analysis and on-the-ground reporting from FOX correspondents.

Transcript

[Paul Stevens]

A big loss in court. I'm Paul Stevens, Fox News. The U.S. supreme Court Friday rejecting President Trump's ability to impose reciprocal tariffs without an okay from Congress.

[Kevin Cork]

President Trump didn't hold back in his criticism of the US Supreme Court following that 6 to 3 decision which of course struck down, at least temporarily, his global tariffs, a ruling he didn't have the power that he he can impose import taxes under ipa, which is, of course, the International Emergency Economic Powers Act. President, of course, has credited his use of tariffs as a tool to end foreign conflicts as well as securing favorable trade deals for our country. Now he's countering the ruling with an alternative tariff order, which includes setting a temporary 10% global levy.

[Paul Stevens]

And that's Fox's Kevin Cork in D.C. numbers from the Treasury Department show the U.S. collected more than 133 billion doll dollars from those tariffs. The president, meantime, says he's quote, unquote, considering a limited military strike on Iran to pressure its leaders into a deal over its nuclear program.

[Jennifer Griffin]

Iranian leaders have said any attack by the United States, limited or not, would cause them to unleash their vast missile arsenal at US Bases vulnerable to attack in Qatar, UAE and Bahrain, home to the US Navy's Fifth Fleet. The Strait of Hormuz at its narrowest point is just 21 miles wide. And most of Iran's missiles are mob. In the coming weeks, the US could find itself in another Middle east war without a clear exit strategy. Squadrons of US Warplanes are now parked on tarmacs in Jordan.

[Paul Stevens]

And that's Fox's Jennifer Griffin. The president's remarks come as the U.S. is building up military assets in the Middle east, sending the USS Gerald R. Ford and a strike group toward the area. Iran's top diplomats saying Tehran is expected to have a proposed nuclear deal ready within days. America is listening to fox.

[NetSuite Oracle Advertiser]

Every business is asking the same question. How do we make AI work for us? No more waiting. With NetSuite by Oracle, you can put AI to work today. NetSuite is the 1 AI Cloud ERP trusted by over 43,000 businesses. It's the unified suite that brings your finances, inventory, commerce, HR and CRM into a single source of truth. The connected data is what makes your AI smarter, helping you make fast decisions if your revenues are at least in the seven figures. Figures. Get our free business guide demystifying [e-mail] FOX

[Paul Stevens]

the search for Nancy Guthrie about to enter its fourth week.

[Jonathan Hunt]

The big news is there is no big news. This clearly continues to be a struggle for the hundreds working at the sheriff's office here. For the hundreds of FBI agents, the trail, if not cold, is at best lukewarm. The hope, of course, is that both the sheriff's deputies and the FBI investigators know more than they are willing to share publicly. It will be exactly three weeks since officials say Nancy Guthrie was dropped off at a home. Opened that garage door, walked in, closed the garage door behind her. And she has never been seen by anybody except the kidnapper since that moment.

[Paul Stevens]

And that's fox's Jonathan Hunt in Tucson, Arizona. Police searching the former home of former Andrew Prince Andrew after he was taken into custody on suspicion of misconduct in public office. Case, of course, centering on his past relationship with convicted sex offender Jeffrey Epstein. Officers also searching the Royal Lodge near Windsor Castle. Well, Team USA faces off against Canada coming up for the men's hockey gold medal.

[Joe Morgan]

Hockey fans will get the matchup they wanted. The United States and Canada will face off on Sunday for an Olympic gold medal. On Friday, Team USA easily took care of Slovakia in the semifinals, winning 6:2 by putting the game away in the second period with three goals. Earlier in the day, Canada rallied to defeat Finland 3:2 as Nathan McKinnon scored the go ahead goal with less than a minute remaining. The U.S. last reached the final at the 2010 Games when it lost to Canada in overtime thanks to Sidney Crosby's golden goal. And the Americans haven't won gold since the Miracle on ice team in 1980. I'm Joe Morgan, Fox News.

[Paul Stevens]

And of course, the US women defeating Canada for their gold medal a few days ago. I'm Paul Stevens.

[Jennifer Griffin]

This is, this is Ainsley Earhart. Thank you for joining me for the 52 episode podcast series the Life of

[Joe Morgan]

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.