Fox Business Network

FCC Chairman Brendan Carr defended the agency’s actions against ABC, asserting broadcasters must operate in the public interest by providing subsidized access to airwaves. ABC accused the FCC of retaliating against its political content by initiating an early review of eight of its broadcast licenses and enforcing equal-time rules on 'The View.' The conflict involves claims of free speech violations and pressure on media to align with administration preferences.

Fox Business Network host Larry Kudlow criticized New York City Mayor Zohran Mamdani by calling him a 'pure communist' and comparing him to Joseph Stalin. Kudlow referenced Stalin-era Soviet Union policies involving confiscation of the means of production.

Republican Sen. Tim Scott predicts the GOP will maintain control of the Senate in November, but is uncertain about the House. He made this prediction at the Milken Institute Global Conference. The conference was held in Beverly Hills, California.

Rep. Jim Jordan blamed Democrats for Congress's 10 percent approval rating in a new Gallup poll, citing a record-long government shutdown caused by partisan stalemate. He made the remarks during an interview on Fox Business Network's 'Varney & Co.'

President Trump stated he would fire Federal Reserve Chair Jerome Powell if he doesn't resign by his term's end, while the House plans to address FISA renewal. Trump also mentioned the Justice Department's ongoing investigation into Powell's construction-related activities at the Fed's headquarters.