Larry Kudlow On The President's Pressure Campaign Against The Fed
There is a lot of focus on the economy this week, particularly this afternoon when the Federal Reserve will conclude a two-day meeting and announce whether it will cut interest rates. President Trump has been urging Chairman Powell to make this move for weeks. Additionally, new tariffs are set to take effect on Friday, and an inflation update is scheduled for Thursday. FOX News Contributor and host of "Kudlow" on the FOX Business Network, Larry Kudlow, joins the Rundown to discuss the state of the economy and weigh in on President Trump's pressure campaign against the Fed.
A new Wall Street Journal poll finds the Democratic Party with its lowest favorability rating in the history of the survey. But do their current woes suggest a poor performance in next year's midterm elections? Kyle Kondik, managing editor of Sabato’s Crystal Ball and co-author of the new book "Campaign of Chaos: Trump, Biden, Harris, and the 2024 American Election," joins The Rundown to break down the challenges facing Democrats, explore potential paths forward, and discuss the rise of progressive mayoral candidates like Zohran Mamdani and Omar Fateh—questioning whether this signals a broader shift in the party’s direction.
Plus, commentary from the host of OutKick's "Gaines for Girls", Riley Gaines
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Evening Edition: Maryland Democrats Denied Access To ICE Facility
A half-dozen Maryland Congress members were denied access to a federal immigration field office used to temporarily hold people facing deportation this week. Maryland has become a focus of politics of immigration due to the suspected MS-13 gang member Kilmar Abrego Garcia, who is a Salvadoran illegal immigrant currently on trial for human trafficking charges in Tennessee. This latest attempt to randomly visit an ICE facility was blasted by DHS Secretary Noem who said they just wanted a photo-op with a 'violent criminal'.
FOX's Ryan Schmelz speaks with Maryland Congressman Rep. Johnny Olszewski who was part of the group trying to visit the facility, and says his concern is making sure all possible deportations are done with due process.
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‘Alarming’ Reports Spark Concerns About America's Organ Donation System
Last week, President Donald Trump announced America's AI action plan, emphasizing that the country must not allow China or any other nation to surpass it. The plan consists of three key components: accelerating innovation, building data centers and other artificial intelligence infrastructure, and leading in international diplomacy and security. Congressman Jay Obernolte (R-CA), co-chair of the U.S. Congressional Artificial Intelligence Task Force, joins the discussion to explore the framework and how the U.S. can win the AI race.
The U.S. Health Resources and Services Administration (HHS) recently reviewed over 350 organ transplant cases managed by Kentucky Organ Donor Affiliates, which is now called Network for Hope, and found a disturbing trend. The report shows one hundred cases having what they called "concerning features," including examples of donors still showing neurological signs, and entailing that an organ procurement processes began for patients before they were officially declared deceased. The chief of the Health Resources and Services Administration's organ transplant branch, Dr. Raymond Lynch, joins the podcast to discuss the report and how they are correcting specific organ transplant procedures.
Plus, commentary from FOX News contributor and host of The Jason In The House podcast, Jason Chaffetz.
Photo Credit: AP
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The United States has withdrawn its ceasefire delegation from Doha after Israel has also made the same move saying Hamas has again rejected the terms of the latest proposal. Israel has also announced they will be suspending military operations in Gaza during the daytime in order to allow more aid to reach those in need. Meanwhile, the United Nations General Assembly is pushing to promote a two-state solution but Israel and the US are both boycotting a meeting focusing on that plan.
FOX’s Eben Brown speaks with Dr. Jonathan Schanzer, Executive Director at the Foundation of the Defense of Democracies, who says it is not a surprise Hamas would try to prolong the conflict and Israel is now facing the hardest part of their campaign.
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Business Rundown: A Very Big Trade Deal .. Before A Very Big Fed Meeting
President Trump has announced a massive trade deal with the European Union. It will cut the tariffs threatened on European imports in half and could mean the EU buys significantly more U.S. energy. The news comes just days before the president’s August 1 deadline. He says he expects a few more deals before Friday, when tariffs will increase for nations that fail to reach an agreement with the U.S. Carol Roth, former investment banker and author, joins Gerri Willis on the Fox Business Rundown to discuss the president’s latest trade deals, and how inflation and other economic data could impact the upcoming Fed meeting and their decision to cut interest rates.
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The FOX News Rundown is the place to find in-depth reporting on the news that impacts you. Each morning, Mike Emanuel, Dave Anthony, Lisa Brady, Jessica Rosenthal, and Chris Foster take a deep dive into the major and controversial stories of the day, tapping into the massive reporting resources of FOX News to provide a full picture of the news.
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Each day The FOX News Rundown features insight from top newsmakers, along with FOX News reporters and contributors, plus a daily commentary on a significant issue of the day. Check us out twice a day, every day.
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