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The Fox News Rundown

The President Unveils His "Golden Dome" Plan

The Fox News Rundown

FOX News Radio

Politics, Daily News, News

3.41.5K Ratings

🗓️ 21 May 2025

⏱️ 31 minutes

🧾️ Download transcript

Summary

President Trump on Tuesday announced a new plan to build a Golden Dome missile defense system. Displaying the design from the Oval Office with his Defense Secretary Pete Hegseth and Space Force General Michael Guetlein, Trump asserted the new defense infrastructure--estimated to cost between $25 billion and $75 billion--will be a necessary layer of security for the homeland that he says “hopefully we never have to use.” U.S. Senator Deb Fischer (R-NE) has been a longtime advocate for improving America’s missile defenses, on the Rundown she discusses this Golden Dome plan, ongoing diplomacy with Russia and Iran, and her efforts to fight EV mandates. Last Thursday, Walmart announced it would be raising its prices due to the impact of President Trump's tariffs. Americans initially wary of tariffs had cited this concern: that tariffs could bring about price hikes that would eventually hit their wallets. With back-to-school shopping along with the summer holidays and barbecues ahead, some businesses are preparing to adjust. Founder and CEO of Storch Advisors and former CEO of Toys "R" Us, Gerald Storch is a retail industry veteran. He joins the podcast to share the true impact of tariffs on America's retail industry. Plus, commentary from author and presidential historian, Craig Shirley. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

I'm Abby Hornacek.

0:01.1

I'm Ben Dominic.

0:02.1

I'm Dana Perino, and this is the Fox News rundown.

0:08.1

Wednesday, May 21st, 2025.

0:11.0

I'm Jessica Rosenthal.

0:12.8

Does the United States need a Golden Dome missile defense system?

0:16.7

The president thinks so, and he says it can be built in three years.

0:19.8

We have to be able to detect, need to be able to track, and we need to be able to defeat missile threats against our homeland.

0:32.0

We speak with Nebraska Senator Deb Fisher.

0:34.6

I'm Dave Anthony.

0:36.6

President Trump is urging Walmart to eat the tariffs and not

0:41.0

raise prices. But what about smaller stores? This isn't resolved pretty quickly. It's going to be a sad day

0:48.1

for some of them. They don't have the negotiating clout to large retailers have. They don't have

0:53.9

the room to absorb

0:54.7

tariffs even if they wanted to and i'm kregg shirley i've got the final word on the fox news rundown

1:04.4

president trump announced from the oval office tuesday a new plan to build a golden dome missile

1:09.7

defense system once fully fully constructed, the

1:12.1

Golden Dome will be capable of intercepting missiles, even if they are launched from other

1:17.9

sides of the world and even if they're launched from space. Space Force General Michael Gutt

1:22.7

stood next to the Resolute Desk, along with the Defense Secretary Pete Heggzath and a group

1:27.0

of Republican senators to explain why a missile defense system is needed.

1:31.0

While we have been focused on peaking the peace overseas, our adversaries have been quickly

...

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