More Trump nominees on Senate hot seats. I'm Dave Anthony, Fox News. First up today, Pam Bondi, who's in line to be Attorney General. When confirmed, Ms. Bondi will take the helm at a very turbulent time for this country. Republican Senator Chuck Grassley at the start of her confirmation hearing. The Justice Department's infected.
is infected with political decision-making. Democrats don't have the votes to block Bondi, but Senator Dick Durbin worries she might focus more on Trump's agenda than the law. The president-elect made it clear that he values one thing above all else, and he said it over and over again, loyalty.
Confirmation hearings are about to start now for two more high-profile nominees, John Ratcliffe, the Trump-picked elite CIA, and Senator Marco Rubio, the Secretary of State nominee. Fox's Lucas Tomlinson reads part of what Rubio will tell senators in his opening statement. The direction he has given for the conduct of our foreign policy is clear. Every dollar we spend, every program we fund, and every policy we pursue must be justified with the answer to three simple questions.
Does it make America safer? Does it make America stronger? And does it make America more prosperous? The other three nominees with hearings today would lead the Departments of Energy and Transportation and the Office of Management and Budget. Now to the Los Angeles wildfire disaster. We are not out of the woods. That's the message.
from the officials because they are still expecting these PDS or red flag warning winds to pick up a little bit later. It could be 50, 60 miles an hour as there are two active fires here. Fox's Griff Jenkins in the ashes and ruins in Malibu. 24 deaths are confirmed. We got an inflation update showing a continuing rise.
Fox's Jenny Casolo reports. Americans weren't seeing significant easing of inflation in December. The consumer price index rose four-tenths of a percent. On an annual basis, it rose 2.9%. That's a higher annual rate than November. On Wall Street, the Dow's up more than 700 points. America's listening to Fox News.
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All right, back to that big surge at the stock market and its big post-inflation report rally. The Dow gaining 700 points. The Nasdaq is up 420. The S&P 500 adding 102 points. Now an update on a stock that no longer trades.
It's part of a new lawsuit the Securities and Exchange Commission filed against Elon Musk. The SEC says by March of 2022, the billionaire had amassed over 5% of Twitter shares, meaning he was required by law to disclose his ownership, but failed to do so for 11 days. The agency says as a result, Musk was able to underpay for shares he bought by at least $150 million. In October of that year, Musk purchased Twitter and renamed it X.
No comment from representatives for the platform. The SEC's current chairman plans to resign when Donald Trump is inaugurated on January 20th. It's not clear if the new administration will continue the lawsuit. Tom Rigotti, Fox News. Boeing is detailing how rough a year 2024 was.
After that incident on an Alaska Airlines flight and other issues that put the airplane maker's manufacturing under scrutiny. Boeing's new jet deliveries last year fell to the lowest level since the pandemic. 348 jets missing estimates by about 11. That's about a third from the previous year.
fewer than it did a year earlier and less than half the number its chief rival Airbus was able to make. This is the aerospace giant struggled with crises like fallout from a mid-air door panel blowout, supply chain snarls, and a machinist strike that halted production in the fall.
The sharp decline in deliveries might make it hard for Boeing to hit fourth quarter projections. Q4 results come out January 28th. Lillian Wu, Fox News. The price of oil is up more than a dollar. It's near 79 bucks a barrel. Gas is up a penny today. AAA's national average for regular 308 per gallon. That is six cents higher than a month ago, but nearly the same price for gas we were paying a year ago. I'm Dave Anthony. This is Fox News.