The Fox News Rundown

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Extra: Kevin O’Leary’s Blueprint for A More Affordable America Jan 18, 2026

Show notes

President Trump is touting a strong economy while promising new measures to tackle affordability. However, a major part of his agenda could be dealt a blow as an imminent Supreme Court ruling is expected to redefine the president’s tariff authority. If the High Court rules against the administration's reciprocal tariffs, it could mean companies are entitled to billions in refunds.

O’Leary Ventures Chairman Kevin O’Leary joined the Rundown’s Jessica Rosenthal this week to discuss the potential fallout of the ruling, the growing concerns over the cost of living, and why he remains optimistic about the direction of the economy.

O’Leary explained how he would adjust the President’s tariff strategy and shared his advice for Washington on addressing the affordability crisis. The Shark Tank star also discussed why investing in energy infrastructure is vital to growing the U.S. economy and competing with China.

We often have to cut our interviews short during the week, but we thought you might like to hear the full conversation. On today's Fox News Rundown Extra, we share our entire interview with entrepreneur Kevin O’Leary.

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From Washington: The Funding Fight Over ICE Jan 18, 2026

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Opposition to ICE is nothing new, however recent events in Minneapolis have dragged the immigration enforcement agency into the center of a political firestorm, one that could potentially jeopardize the government’s next set of funding bills. FOX News Chief Congressional Correspondent Chad Pergram joins The Rundown to discuss the funding battle brewing around ICE, the debate over Greenland’s potential annexation, and what you need to know about the Cryptocurrency hearing that was abruptly cancelled last Wednesday.

Later, Rep. Randy Fine (R-FL) joins to discuss his bill which would offer a legal pathway to annex Greenland if passed.

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Extra: Innovation or Insider Trading? Weighing the Rise and Risks of Polymarket Jan 17, 2026

Show notes

Online gambling continues to grow in popularity, but it’s no longer just about wagering money on your favorite teams.

Prediction markets like Polymarket allow users to bet on the outcomes of real-world events, from elections to global conflicts. However, their rapid growth is raising new questions in Washington as U.S.-based versions roll out. Lawmakers are warning that government insiders could be using non-public information to profit on these platforms, following high-profile trades tied to major political developments.

Chris Giancarlo, former chairman of the Commodity Futures Trading Commission and a member of Polymarket’s advisory board, recently joined the Rundown’s Jessica Rosenthal to explain how these platforms work and why they tend to be so accurate when predicting world events.

During the conversation, Giancarlo addresses concerns over privacy and the ethics of officials profiting from policy secrets. He also weighs in on the anonymous bettor who reportedly won $400,000 predicting the U.S. capture of Venezuela’s Nicolás Maduro—a windfall that sparked outrage on Capitol Hill.

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From Washington: The President's First Year 'Report Card' Jan 17, 2026

Show notes

Next week will mark one full year of President Trump’s second term, a milestone defined by sweeping political and governmental achievements and his ability to drive significant policy changes despite a divided Congress. FOX News Decision Desk Director Arnon Mishkin joins to discuss President Trump's accomplishments in his second term so far, the disconnect between Trump's policy achievements and his approval ratings, and how high-profile incidents like the shooting in Minneapolis have galvanized both sides of the immigration debate.

Plus, Sen. Roger Marshall joins to discuss President Trump’s proposed 10% cap on credit card interest rates, the Credit Card Competition Act, and the bipartisan push to increase industry competition.

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Evening Edition: Former Kentucky AG Running To Replace Mitch McConnell Jan 17, 2026

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Former Kentucky Attorney General Daniel Cameron, once considered a protégé of Sen. Mitch McConnell, is now running to replace him. Cameron served as legal counsel for McConnell, who is retiring next year after four decades in the U.S. Senate. McConnell's departure after more than 40 years in office, leaves an opening for Kentuckians to elect a more conservative, Trump-loyal candidate.

FOX's Ryan Schmelz speaks with Daniel Cameron, former Kentucky Attorney General, who explains why he is running to replace his former boss, Senator Mitch McConnell.

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Business Rundown: The President's Plan To Make Housing Affordable Again Jan 16, 2026

Show notes

Good news this week as mortgage rates fell again, hitting their lowest level in more than three years. According to Freddie Mac, the average rate on the benchmark 30-year fixed mortgage decreased to 6.06%, down from last week’s reading of 6.16%.

While there appears to be progress in the housing market, President Trump has made it clear that his administration is working to provide direct relief to homebuyers. Part of that plan involves directing Fannie Mae and Freddie Mac to purchase $200 billion in mortgage-backed securities to further drive down borrowing costs.

The President is also working to ban large institutional investors from buying single-family homes—and to allow potential buyers to use their 401 (k) funds for down payments.

Jessica Lautz, who is the Deputy Chief Economist and Vice President of Research At The National Association of Realtors, joins the FOX Business Network’s Gerri Willis to discuss the state of the housing market, some of the President's ideas, and what can be done to make the American dream more affordable.

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ICE Under Fire: Blue States Resist Immigration Enforcement Jan 16, 2026

Show notes

Tensions are boiling over in Minneapolis following another shooting involving an ICE agent. As Homeland Security pushes back against intensifying protests, Minnesota is suing the federal government to halt the deployment of immigration agents. With President Trump threatening to invoke the Insurrection Act, FOX News Sunday’s Shannon Bream joins us to analyze the legal battle and the national trend of states distancing themselves from federal immigration enforcement.

It’s been 35 years since the U.S. and its allies launched Operation Desert Storm to liberate Kuwait. Retired U.S. Army Maj. Gen. Vincent Boles joins us to break down why the coalition was so dominant, how the conflict changed modern warfare, and the lingering debate: Was it a mistake to leave Saddam Hussein in power?

Plus, commentary by New York Post and FOX News columnist, Karol Markowicz.

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Evening Edition: Lawmaker Introduces Bill To Make Greenland 51st State Jan 15, 2026

Show notes

House Republican from Florida, Rep. Randy Fine, is pushing for Greenland to become the country's 51st state as President Trump has been publicly pushing for the Danish territory to come under U.S. rule. Rep. Fine introduced a bill this week that aims to authorize President Trump "to take such steps as may be necessary" to acquire Greenland. Leaders from Greenland and Denmark met with Vice President J.D. Vance and Secretary of State Marco Rubio this week as President Trump seems to double down on acquiring the largest island on Earth.

FOX's Ryan Schmelz speaks with Rep. Randy Fine (R-FL) who explains what is in his bill and shares how his own meeting with the leaders of Denmark and Greenland went.

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Why Washington Is Cracking Down On The Credit Card Industry Jan 15, 2026

Show notes

President Trump is proposing a one-year cap on credit card interest rates at 10% alongside the Credit Card Competition Act, a bipartisan push aimed at increasing competition in the credit card processing industry–moves supporters say could ease cost-of-living pressures for Americans. Sen. Roger Marshall joins to discuss the potential impacts and criticisms of the proposals, his push for greater competition across industries, and the bipartisan cooperation behind the credit card bill.

Prediction markets like Polymarket allow users to place bets on the outcomes of real-world events like sports, elections or global conflicts. But their rapid growth is raising new questions in Washington as a U.S. version rolls out. Lawmakers are warning that government insiders could be using non-public information to profit on these platforms, following high-profile trades tied to major political and international developments. Chris Giancarlo, the former chairman of the Commodity Futures Trading Commission, joins the Rundown to talk about what exactly Polymarket is and whether it needs tighter rules to prevent insider trading.

Plus, commentary by former Vice President Mike Pence.

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Evening Edition: Iranians Determined To Overthrow Brutal Theocracy Jan 14, 2026

Show notes

Iranian security forces have escalated from pellet guns to live ammunition during the ongoing protests across the country, drastically increasing deaths that could be as high as over 10-thousand casualties. The situation for protesters seemed to shift after authorities imposed internet blackouts and cut off communication outside of the country. The protests have been fueled by anger over economic hardship, with rising prices and inflation but has expanded into a call for the end of Ayatollah Khomeini's rule and the return of exiled Crown Prince Reva Pahlavi who supports a secular-democracy.

FOX’s Eben Brown speaks with Khosro Isfahani, Senior Research Analyst at the National Union for Democracy in Iran (NUFDI), who says the fall of this regime is just a matter of time, and explains why the exiled Crown Prince Reza Pahlavi receives so much support.

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