FOX Business Briefs 6/26
President Donald Trump considers naming next chair of the Federal Reserve early; latest Disney layoffs hit product and tech team; Shell denies it’s in talks to buy rival BP in potential blockbuster oil deal; X to prohibit hashtags in advertisements.
Trump is sending message to Congress with 'big, beautiful bill' event, senator says
Sen. James Lankford, R-Okla., discusses the Republican effort to pass President Donald Trump's tax bill on 'Varney & Co.'
Developers push back on NYC mayoral candidate Mamdani’s housing plan
FOX Business' Lauren Simonetti reports on Democratic NYC mayoral candidate Zohran Mamdani’s $100 billion housing plan and the growing backlash from developers.
Iranian people could use US strikes as opportunity to push back against Khamenei, senator says
Sen. Joni Ernst, R-Iowa, discusses the impact of U.S. airstrikes on Iran after the Supreme Leader Khamenei's 'laughable' response on 'Varney & Co.'
Iran will have an 'objective difficulty' if they restart nuclear programs, Knesset member says
Knesset Foreign Affairs and Defense Committee Chair MK Yuli Edelstein discusses the American strikes on key Iranian nuclear sites, the state of Israel following Operation Rising Lion and the latest in the war against Hamas.
GOP lawmaker calls for Iran strike leakers to face hearing after 'risking lives' with intel report
Rep. Darrell Issa, R-Ca., joins 'Mornings with Maria' to discuss the success of U.S. strikes on key Iranian nuclear sites despite leaks emerging.
Are Republicans ready to say no to Trump's tax bill after successful NATO summit?
Sen. Pete Ricketts, R-Neb., joins 'Varney & Co.' to discuss President Donald Trump's tax bill and damages caused by U.S. airstrikes on Iran.
Gordon Chang: It's time for President Trump to impose 'severe costs' on the Chinese
Gatestone Institute senior fellow Gordon Chang weighs in on President Donald Trump allowing China to keep buying oil from Iran, the Chinese premier's comments on Beijing's 'mega-sized' consumer economy and more on 'Mornings with Maria.'
GOP rep calls out media for ‘very disappointing’ response to Trump’s Iran strike
Rep. Jimmy Patronis, R-Fla., weighs in on President Donald Trump’s recent decision to strike Iran’s key nuclear sites and its impact on national security.
Trump was elected to bring back 'common sense' on energy: Secretary Chris Wright
U.S. Energy Secretary Christopher Wright on when President Donald Trump's agenda will unfold, oil production and the state of the U.S. power grid.
Federal judge rejects Trump admin's move to monitor border financial transactions
A federal judge granted relief to two Texas border businesses from the Trump administration's policy meant to curb money laundering by cartel members.
US economy shrank 0.5% in the first quarter of 2025 amid tariff uncertainty
The Commerce Department released its third estimate of U.S. gross domestic product for the first quarter and found the economy contracted at an annual rate of 0.5%.
Your DoorDash order might arrive from the sky as drone deliveries take off
DoorDash launches drone delivery in Dallas-Fort Worth region via Flytrex, offering food from restaurants like Papa John's with drones that reach customers in under five minutes.
Senator slams ex-Biden aide for dodging testimony, warns of ‘big consequences’
Sen. Eric Schmitt, R-Mo., reacts to Biden’s former top aide admitting she directed autopen signatures without knowing who gave final approval.
Judges rule against authors over AI companies training models on books without permission
Federal judges side with AI developers in copyright cases, citing fair use while acknowledging potential market impact of AI on creative works.
Trump says US-Iran to hold talks nuclear talks next week
Former CIA station chief Daniel Hoffman discusses CIA director John Ratcliffe's confirmation of the damage to the Iranian nuclear sites, anticipated talks between U.S. and Iranian officials and the president's remarks about Vladimir Putin.
Popular chicken finger chain quietly launches massive expansion across America
Raising Cane's increased its footprint with three new restaurants on June 24, and fans of the fast-food chain can expect more locations to open in the future.
'Nepo-buyers' emerging as America's new class of homeowners making parent-funded purchases
The kids of America are increasingly asking their parents for some kind of financial help in buying a house, which Douglas Elliman's Ruthie Assouline argues may not be a bad thing.
White House pushes back on 'remarkably low' GDP forecasts for Trump-GOP tax bill
The White House disputes the CBO's $2.8 trillion deficit projection for Republican tax package, claiming the analysis understates economic output and productivity growth.
The Bottom Line - Wednesday, June 25
Iran Intel Leak, Congress, EV Funding