The Fox News Rundown

The Trump administration is celebrating a string of economic milestones as the President enters the second year of his second term.

 

The Dow reached historic highs this month, closing above 50,000 for the first time in its 129-year history. Meanwhile, a major shift in monetary policy is underway as President Trump has tapped Kevin Warsh to succeed Jerome Powell as Federal Reserve Chairman.

 

Kevin O’Leary—businessman, investor, and "Shark Tank" icon—joined The FOX News Rundown host Dave Anthony earlier this week to discuss the markets, and how the economy is evolving through the emergence of AI, cryptocurrency, and the booming market for high-value collectibles.

 

They also discuss O’Leary’s surprising role in the Oscar-nominated film Marty Supreme, why he decided to try his hand at acting, and the iconic film franchise he’d like to be part of.

 

We often have to trim our interviews during the week, but we thought you’d like to hear the full conversation. Today on the FOX News Rundown Extra, we share our entire interview with "Mr. Wonderful" Kevin O’Leary.
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Since the start of his second term, President Trump has relied heavily on the International Emergency Economic Powers Act to implement a wide range of tariffs without Congressional approval. On Friday, however, the Supreme Court ruled those actions unconstitutional. FOX News Chief Legal Correspondent Shannon Bream joins the Rundown to unpack the implications of the ruling—from the potential economic chaos of mandated tariff refunds to the decision’s impact on the President’s high-stakes meeting with Chinese President Xi Jinping.

Later, FOX News Chief Congressional Correspondent Chad Pergram joins to discuss the political landscape on Capitol Hill ahead of President Trump’s State of the Union address this coming Tuesday.
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The Supreme Court has blocked President Trump’s use of an emergency law to impose sweeping tariffs on most U.S. trading partners. In a 6-3 decision, the court argued that Trump’s use of IEEPA to control tariffs would expand executive power at the expense of the other branches of government. President Trump blasted the court saying they must have been influenced by foreign powers.

FOX’s Tonya J. Powers speaks with Elaine Dezenski, Director and Head of the Foundation for the Defense of Democracies' Center on Economic and Financial Power, who says while this is a blow to the Trump Administration's economic policy, they have many other 'pathways to achieve their tariff strategy.'

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After months of deliberation, the Supreme Court has struck down a key element of President Trump’s economic agenda: his sweeping use of tariffs. The High Court’s decision blocks the administration’s strategy of using the International Emergency Economic Powers Act (IEEPA) to impose levies on global trade partners. Former National Economic Council Director and host of FOX Business Network’s Kudlow, Larry Kudlow, joins Gerri Willis to react to the ruling, its disruption of the administration’s economic roadmap, and the ultimate impact on American consumers.
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From a high-stakes Los Angeles courtroom to the United Kingdom, major legal stories are unfolding. Meta CEO Mark Zuckerberg took the stand this week in a landmark trial in which a 20-year-old woman alleges that social media companies intentionally designed their platforms to addict young users. Meanwhile, in England, the former Prince Andrew was arrested by British police amid allegations of misconduct in public office stemming from his links to convicted child sex offender Jeffrey Epstein. “FOX News Sunday” anchor, FOX Chief Legal Correspondent, and host of the “Livin’ the Bream” podcast Shannon Bream joins the Rundown to weigh in on these headlines, as well as Republican concerns regarding this year’s midterms and the escalating tensions between the U.S. and Iran.

 While nearly half of the country has legalized recreational marijuana and even more states have authorized its medical use, the federal government has long resisted lifting its restrictions. However, President Trump signed an executive order last year to expedite the process of reclassifying marijuana from a Schedule I drug—the same category as heroin—to a Schedule III substance, recognizing its potential for medical use. This shift comes as public pushback grows and new reports suggest the drug may be more harmful than previously believed. Board-certified radiologist and FOX News contributor Dr. Nicole Saphier joins the Rundown to weigh the risks of marijuana use and discuss its impact on users of all ages.

 Plus, commentary by David Marcus, FOX News Digital columnist.

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