Gov. Greg Abbott threatens Texas A&M president’s job over claim that university broke DEI ban
Abbott’s comments came after A&M invited staffers and students to attend a conference that a conservative activist said broke the state’s ban on diversity, equity and inclusion programs.
FIRST ON FOX: Red state suing Biden admin for unleashing ‘chaos’ on schools through open border
FIRST ON FOX NEWS DIGITAL: The state of Oklahoma is suing to hold the Biden administration accountable for unleashing “massive chaos” on the public school system in the state through four years of open border policies. The suit, launched by the Oklahoma State Department of Education and Oklahoma Superintendent of Public Instruction Ryan Walters, targets President Biden’s Department of Homeland Security and Immigration and Customs Enforcement agency. It demands the Biden administration refund Oklahoma for the approximately $470 million it had to spend on educating thousands of illegal immigrant children over the last four years. Walters, who filed the suit in the Western District Court of Oklahoma today, told Fox News Digital that public schools are “overrun with illegal immigrants” who are stretching the system’s resources thin and limiting opportunities for the children of taxpaying citizens. ILLEGAL IMMIGRANT HONDURAN GANG MEMBER KIDNAPPED US WOMAN, ‘GIGGLED’ AFTER THREATENING TO SELL ORGANS: REPORT According to data gathered by the Oklahoma State Department of Education, the state spends approximately $11,000 per student annually, and the number of unaccompanied migrant children placed in the state is nearly 3,000. Walters said that Oklahoma schools are struggling to provide adequate resources for immigrant children, such as certified teachers for students with limited English proficiency, transportation and individualized education plans, and that these challenges have a long-term impact on school budgets and the quality of education for all students in the state. “It truly is chaos in the school system. And who’s suffering here? It’s the students,” said Walters. “Joe Biden and Kamala Harris did this intentionally, and we’ve got students caught in the crossfire here. We have got to protect them, and we’ve got to get our states back on track in educating our kids.” BIDEN EDUCATION DEPARTMENT SPENT OVER $1 BILLION ON DEI GRANTS: REPORT Though President-elect Donald Trump is set to take office next week, he said that Oklahoma taxpayers are still being saddled with the costs of the Biden administration’s failed border policies. He pointed to an NBC interview with outgoing ICE Director P.J. Lechleitner, who said the Biden administration “absolutely” should have acted sooner to shut down the border. Walters said, “They knew it was happening, and they didn’t do anything about it.” CLICK HERE FOR MORE IMMIGRATION COVERAGE “Last week we had Joe Biden’s top ICE director admit that they allowed this to happen, that they allowed the law to be broken … and frankly, they’re crystal clear these orders came from the top, they came from Joe Biden and the border czar Kamala Harris,” he said. “We cannot just allow them to skate off into the sunset and say, ‘President Trump, here you go, states, sorry, we just caused this massive chaos across your schools, across your state, into your communities.’ Those individuals have to be held accountable for the chaos they brought to our kids and our families. And that’s what this lawsuit will do.” BLUE STATE GOV CHANGES TUNE AFTER VOWING TO FIGHT TRUMP DEPORTATION EFFORTS, NOW HOPES HE FIXES BORDER Walters called on other states to join Oklahoma’s suit against the Biden administration, saying that “every state has to get a grasp of what illegal immigration has done to their school system, has done to their states.” “This is the future we’re talking about; we’re trying to get education back on track,” he said. “This is how you change this trajectory. This is how you get the Trump administration the support that they need by holding the current administration accountable, getting this data, getting this information,” he went on, concluding: “In Oklahoma, we’re not going to tolerate Kamala Harris and Joe Biden allowing our schools to be overrun with illegal immigrants and with this lawsuit, we will hold them accountable to the taxpayers of the state of Oklahoma.”
LA councilwoman whose district ravaged by wildfires looks to hold leaders accountable for empty reservoirs
A Los Angeles council member, whose district has been devastated by the recent historic wildfires, is demanding accountability from city and state officials after empty reservoirs hindered firefighting efforts, raising questions about how ready the city will be to host world-stage events in the next few years. “This fire was unlike anything we have ever seen before, but there is no secret that we have chronically underinvested in critical infrastructure and public safety in Los Angeles,” Council member Traci Park told Fox News Digital in a Monday interview. “And I think there are a lot of questions about what more could have been done or could have been done differently, and what it’s going to take in Los Angeles to make sure this never happens again,” she said. FIRST HEARING IN ‘TRUMP-PROOF’ CALIFORNIA SPECIAL SESSION CANCELED AS CHAIRMAN’S DISTRICT HIT BY WILDFIRES Following the devastating wildfires that began in the Los Angeles mountains last week, concerns arose over dysfunctional fire hydrants and significant multimillion-dollar reductions of the fire department’s budget. Gov. Gavin Newsom responded on Friday by calling for an independent review of the Los Angeles Department of Water and Power to investigate the water supply issues during the emergency. “The ongoing reports of loss of water pressure to some local fire hydrants during the fires and the reported unavailability of water supplies from the Santa Ynez Reservoir are deeply troubling to me and to the community,” Newsom wrote to LADWP Chief Executive Officer and Chief Engineer Janisse Quiñones and L.A. County Public Works Director Mark Pestrella in a letter. Meanwhile, Democratic lawmakers defended state leadership. “Obviously, I have a lot of concerns about the water,” said Park, whose district encompasses the Pacific Palisades, the area which was one of the first and hardest hit by the wildfires. “I was personally at the command post at Will Rogers as this Volcano of Fire came over our mountain, through our town, all the way to Pacific Coast Highway, and throughout those events into the night, I was anecdotally hearing about our firefighters not having enough water,” she said. “And I think we all have questions about the expectations, how are our firefighters supposed to fight fire without the thing they need to do it, that’s water?” ‘IS NOW THE RIGHT TIME … TO FIGHT DONALD TRUMP?’: CA HOUSE SPEAKER DODGES FIERY QUESTIONING FROM REPORTER Park, who has been collecting critical aid at her Westchester neighborhood office to distribute to her constituents, said she’s also concerned about disaster preparedness, as Los Angeles sets itself to host the 2026 World Cup and the 2028 Olympic Games. “I was concerned about our level of preparation for those events before this happened,” Park said, in regard to the wildfires. “And I certainly think that over the last several days, we have seen some of those gaps on full display.” While Park expressed her gratitude for Newsom and “his support at the state level,” as well as county and Cal Fire partners, “The reality is, as we are hosting millions of people in our city, and our resources are already spread so thin, it is clear that we have a lot of work to do a lot of strategic planning to continue our preparations for those big events that are coming.” ‘DEVASTATING’: CALIFORNIA HAD RECORD RAINFALL LAST YEAR, BUT LACKED INFRASTRUCTURE TO STORE IT In the months leading up to the wildfires, Los Angeles city officials reduced the fire department’s budget by just under $18 million, according to the department. At the state level, experts and lawmakers are pointing fingers at the top leaders’ handling of the state’s forestry management and a lesser-known problem: the state’s outdated water reserves system. California’s existing reservoirs can only hold so much water, and many were built in the mid-20th century. In 2024, the state experienced record-breaking rainfall after an atmospheric river event, but the existing water infrastructure faced difficulties managing the sudden influx of water. A significant portion of that rainfall was dumped into the ocean. In 2014, California voters passed Proposition 1, also known as the Water Quality, Supply and Infrastructure Improvement Act, which authorized $2.7 billion in bonds to increase the state’s water storage capacity through building new reservoirs and groundwater storage facilities. Yet, no new reservoirs have been completed under Prop. 1, according to local reports.
House DOGE Caucus eyes federal employees, government regulations in new goal-setting memo
FIRST ON FOX: The Congressional Department of Government Efficiency (DOGE) Caucus is holding its second-ever meeting on Wednesday, where its leaders are expected to unveil a set of “principles” to guide the group in its mission to cut government waste. They outlined eight goals, some practical while others more symbolic, in a bid to ensure the caucus is in sync with the DOGE advisory panel set up by President-elect Donald Trump. “The federal government must serve the interests of taxpayers, and taxpayers are best served by a lean, efficient, transparent, and accountable bureaucracy,” the first principle read, according to a draft memo obtained by Fox News Digital. The document also suggested both lofty and smaller-scale goals. “No amount of waste, fraud, abuse, duplication, or administrative bloat is too small or too large to fix.” DOGE Caucus leaders had previously put an emphasis on “low-hanging fruit” to start their mission with, like unused federal office space held by agencies with remote work policies. REPUBLICANS GIVE DETAILS FROM CLOSED-DOOR MEETINGS WITH DOGE’S MUSK, RAMASWAMY The memo puts such employees on notice, noting that they and any federal regulations or agencies “must demonstrate effectiveness for and responsiveness to taxpayers while also not creating unnecessary costs or burdens.” Rep. Aaron Bean, R-Fla., who co-founded the caucus, told Fox News Digital, “We’ve articulated our vision in a transparent manner that is both concise and consumable for every American.” Co-founder Rep. Pete Sessions, R-Texas, said, “The mandate is clear: every dollar spent in Washington must deliver a direct benefit to the people it serves, while prioritizing transparency, accountability, and efficiency.” DANIEL PENNY TO BE TAPPED FOR CONGRESSIONAL GOLD MEDAL BY HOUSE GOP LAWMAKER The caucus also called for the elimination of “existing federal agencies, programs, rules, regulations, or functions that do not provide value to taxpayers,” if they cannot be reformed. DOGE Caucus leaders are also signaling a significant focus on rolling back the regulatory state with the point, “All rules and regulations should be grounded in statute. Congress enacts public policy, not unelected bureaucrats.” The group’s third co-chair, Vice Chair of the House GOP Conference Blake Moore, R-Utah, said of their outline, “The DOGE Caucus has wasted no time organizing our members and crafting a clear vision for what we hope to achieve, and these principles underscore how we plan to get there. The time is now to rein in wasteful federal spending, streamline our bureaucracy, and make Washington work better for Americans.” ‘OVERWHELMING SUPPORT’: REPUBLICAN GOVERNORS RALLY AROUND TRUMP AND DOGE AHEAD OF INAUGURATION Caucus members gathered for their first meeting in mid-December, which lawmakers said was largely introductory. The push to slash government waste has been met with surprising enthusiasm by members on both sides of the political aisle. Several Democrats have already joined the caucus, and at least three were said to have attended the first meeting. Elon Musk and Vivek Ramaswamy were on Capitol Hill late last year to discuss goals for their DOGE panel with lawmakers.
Biden announces names of future aircraft carriers: USS William J Clinton, George W Bush
President Biden announced the names of the newest aircraft carriers that will join the U.S. Navy: USS William J. Clinton and USS George W. Bush. The carriers, named after former President Bill Clinton and former President George W. Bush, will begin construction in the “years ahead” as part of the latest class of aircraft carriers, according to the White House. “When I personally delivered the news to Bill and George, they were deeply humbled,” Biden said in a statement Monday. “Each knows firsthand the weight of the responsibilities that come with being Commander-in-Chief. And both know well our duty to support the families and loved ones who wait and worry for the safe return of their servicemember.” The Navy currently has 11 operational aircraft carriers, some of which are nearly 50 years old and will be retired in upcoming years. Of these carriers, eight bear the names of former presidents: USS George Washington, USS Abraham Lincoln, USS Theodore Roosevelt, USS Dwight D. Eisenhower, USS Harry S. Truman, USS Ronald Reagan, USS George W. Bush, and USS Gerald R. Ford. UNIDENTIFIED DRONES SPOTTED OVER US BASES IN THE UK DO NOT APPEAR TO BELONG TO ‘HOBBYISTS’ Secretary of Defense Lloyd Austin said that the future carriers Clinton and Bush will “serve as lasting tributes to each leader’s legacy in service of the United States.” “Aircraft carriers are the centerpiece of America’s naval forces, and they ensure that the United States can project power and deliver combat capability anytime, anywhere in defense of our democracy,” Austin said in a statement Monday. 2 US AIRCRAFT CARRIER STRIKE GROUPS ORDERED TO STAY IN MIDDLE EAST WITH TENSIONS HIGH “Like their namesakes, these two future carriers, and the crews who sail them, will work to safeguard our national security, remind us of our history, and inspire others to serve our great republic,” Austin said. The future carriers Clinton and Bush are part of the Ford-class carriers to join the fleet. HEGSETH WAS ‘INCREDIBLY TALENTED, BATTLE-PROVEN LEADER,’ MILITARY EVALUATIONS SHOW These newest carriers are outfitted with more than 20 new technologies in comparison to the previous, Nimitz-class carriers that the Navy started using in 1975. Technology upgrades include a new Electromagnetic Aircraft Launch System, known as EMALS, that launches aircraft from the ship electronically, rather than using steam-powered equipment. President-elect Donald Trump previously called for a 12-carrier Navy during his first term as president in 2017 and has signaled interest recently in possibly expanding the sea service’s force in his second term as well. “We’re going to be announcing some things that are going to be very good having to do with the Navy,” Trump told radio host Hugh Hewitt this month. “We need ships. We have to get ships. And you know, everybody said, ‘Oh, we’ll build them.’ We may have to go to others, bid them out, and it’s okay to do that. We’ll bid them out until we get ourselves ready.”
Biden announces $770 checks for residents impacted by California wildfires
President Biden said the federal government will provide one-time payments of $770 to people impacted by the ongoing California wildfires, so they can pay for essentials like baby formula, prescriptions, clothes and food. Biden made the announcement Thursday evening during a briefing from the Oval Office on the situation in Southern California. According to the president, nearly 6,000 people had been approved to receive the payments thus far, leading to a total of $5.1 million that has already gone out through this program. “We’re not waiting until those fires are over to start helping the victims. We’re getting them help right now,” Biden said from the Oval Office. FEMA ADMINISTRATOR URGES HURRICANE HELENE VICTIMS TO TAKE ACTION AMID RISK OF LOSING TEMPORARY HOUSING The president approved California’s disaster declaration on Jan. 8, opening up federal funding to affected individuals in Los Angeles for the purposes of temporary housing and home repairs, low-cost loans to cover uninsured property losses, and other programs to help individuals and business owners recover from the wildfires. Additionally, the president pledged that the federal government would cover 100% of the cost of California’s disaster response for a period of six months. Meanwhile, during the Monday evening briefing, Biden called on Congress to step up with more funding for the wildfire and its victims. NEWSOM DEFENDS FIRE RESPONSE WITH FACT-CHECK SITE LINKING TO DEM PARTY FUNDRAISING PLATFORM “It’s going to cost tens of billions of dollars to get Los Angeles to what it was,” Biden said during a briefing with Vice President Kamala Harris and emergency officials. “We are going to need Congress to step up with the funding.” Federal Emergency Management Agency (FEMA) Administrator Deanne Criswell indicated during the Monday briefing that a total of 33,000 people impacted by the California fires had requested federal assistance. She said the number continues to rise, and they don’t expect it to slow down in the near term. Criswell added during the Monday Oval Office briefing that about 700 to 800 people were currently staying in eight emergency shelters as a result of the wildfire, noting that meant a lot of folks had found shelter with family and friends, or in hotel rooms. Criswell said that through the federal government’s disaster declaration, people staying in hotels could be reimbursed for the costs. In addition to FEMA, the Department of Defense and National Guard have also deployed federal resources to help fight the fires that have claimed at least 24 lives so far.
Top lawmaker 1st Republican to launch gubernatorial campaign in race to succeed Michigan’s Whitmer
The high profile 2026 gubernatorial race to succeed term-limited Democratic Michigan Gov. Gretchen Whitmer is kicking into gear. Republican state Senate Minority Leader Aric Nesbitt on Tuesday announced his candidacy, becoming the first major party candidate to launch a gubernatorial campaign. “Michigan deserves so much better than what we’re getting out of Lansing right now,” Nesbitt said in a launch video posted on social media. “I’m going to be running a campaign that concentrates on Michigan first, families first and workers first. I’m in the fight.” Highlighting his conservative philosophy, Nesbitt emphasized that “I trust families over government.” THESE ARE THE TOP ELECTIONS TO WATCH IN 2025 “I want to go ahead and empower the taxpayers instead of the tax-takers here in the state — and that’s part of this Michigan First agenda where you have to expect so much more out of Lansing and expect that there’s actually value for money,” he emphasized. POPULAR GOP GOVERNOR REVEALS WHAT’S NEXT AFTER 8 YEARS STEERING KEY SWING STATE Additionally, Nesbitt, who highlighted his “small town farm boy” heritage in his video, also pledged to “stand with President Trump to bring back a renaissance on manufacturing here in Michigan.” Nesbit is the first Republican in Michigan to jump into a race that will likely attract a large field. Former GOP state Attorney General Mike Cox has formed a committee to explore a gubernatorial bid. Other Republicans believed to be considering a run include Rep. John James, former state House Speaker Tom Leonard, Oakland County businessman Kevin Rinke, 2022 GOP gubernatorial nominee Tudor Dixon, and former gubernatorial and presidential candidate Perry Johnson. 2026 BATTLE FOR THE SENATE: WHAT THE DEMOCRATS’ CAMPAIGN COMMITTEE CHAIR TOLD FOX NEWS Among the Democrats mulling a run for governor are Michigan Secretary of State Jocelyn Benson, Pete Buttigieg, the 2020 presidential candidate who has served as Transportation secretary in President Biden’s administration the past four years, and state Sen. Mallory McMorrow. Detroit’s Democratic Mayor Mike Duggan made headlines recently when he announced his 2026 gubernatorial campaign as an independent. Michigan is a crucial general election battleground state. President Biden carried the state by a razor-thin margin in the 2020 election. President-elect Trump narrowly won the state in November’s election, but Democrats held onto a highly contested open Senate seat.
‘Incomplete’ Hunter Biden report, protection of ‘Biden Crime Family’ shredded by Comer, IRS whistleblowers
House Oversight Chairman James Comer ripped Special Counsel David Weiss’ final report on his years-long investigation into Hunter Biden as “incomplete” due to President Biden’s sweeping pardon of his son. “Special Counsel David Weiss just released an incomplete 27-page report because President Joe Biden issued his son an unprecedented pardon. This sweeping pardon prevents the Special Counsel from holding Hunter Biden accountable for the international influence peddling racket only made possible by Joe Biden,” Rep. Comer, R-Ky., said in a statement Monday evening following the release of Weiss’ final report. “Let’s be clear: the Biden DOJ was never going to prosecute the Biden Crime Family. The House Oversight Committee’s investigation of the Bidens’ influence peddling schemes revealed how Joe Biden knew about, participated in, and benefited from his family cashing in on the Biden name,” Comer continued. The Department of Justice released Weiss’ report to Congress on Monday evening, which detailed his roughly six-year investigation into first son Hunter Biden’s taxes and purchase of a firearm in 2018 while he was addicted to controlled substances – namely, crack cocaine. WEISS REPORT: HUNTER’S DRUG USE CAN’T EXPLAIN AWAY NOT PAYING TAXES ON MONEY EARNED BY ‘LAST NAME’ Hunter Biden was convicted in both cases last year, with a jury of his peers finding him guilty of three felony firearm offenses, and entering a surprise guilty plea regarding the failure to pay at least $1.4 million in taxes across a four-year period. DOJ RELEASES SPECIAL COUNSEL DAVID WEISS’ REPORT ON HUNTER BIDEN Amid the legal saga, President Biden repeatedly vowed he would not pardon his son, but reversed course last month when he announced he would grant his son a blanket pardon that applies to any offenses against the U.S. that Hunter Biden “has committed or may have committed” from Jan. 1, 2014, to Dec. 1, 2024. Comer continued in his blistering response to the report by citing two IRS whistleblowers who sounded the alarm on Hunter Biden’s tax issues and said they were handcuffed from “following evidence that could have led to Joe Biden.” HUNTER BIDEN: A LOOK AT HOW THE SAGA SPANNING OVER SIX YEARS UNFOLDED “Two brave whistleblowers, Gary Shapley and Joseph Ziegler, blew the whistle on DOJ’s misconduct and politicization in the Hunter Biden criminal investigation and revealed they were prevented from following evidence that could have led to Joe Biden. Joe Biden will be remembered for using his last few weeks in office to shield his son from the law and protect himself. The president’s legacy is the same as his family’s business dealings: corrupt,” Comer continued. The two whistleblowers, who previously slammed Biden for pardoning his son last month, also took issue with the Weiss report and again blasted Biden for the pardon. BIDEN PARDONS SON HUNTER BIDEN AHEAD OF EXIT FROM OVAL OFFICE “The Weiss report leaves too many questions unanswered, and the American people deserve answers. DOJ, FBI, and IRS leadership should have done the right thing from the beginning. We should not have had to risk our careers to end the preferential treatment being given to the President’s son. Years later, we are still facing whistleblower retaliation,” Shapley and Ziegler wrote in a message shared by Empower Oversight, the legal group representing the whistleblowers. “Why are we the only ones suffering any consequences? It’s time for a serious investigation and it’s time for accountability,” they concluded. BIDEN WON’T PARDON HUNTER, WHITE HOUSE REAFFIRMS, BUT CRITICS AREN’T SO SURE Weiss’ report also took issue with the president’s pardoning of Hunter Biden, specifically with how President Biden characterized prosecutions of Hunter Biden as “selective” and “unfair.” “This statement is gratuitous and wrong,” Weiss wrote in his report. “Other presidents have pardoned family members, but in doing so, none have taken the occasion as an opportunity to malign the public servants at the Department of Justice based solely on false accusations.” HUNTER BIDEN FOUND GUILTY ON ALL COUNTS IN GUN TRIAL “Politicians who attack the decisions of career prosecutors as politically motivated when they disagree with the outcome of a case undermine the public’s confidence in our criminal justice system,” Weiss wrote in another section of the report. “The President’s statements unfairly impugn the integrity not only of Department of Justice personnel, but all of the public servants making these difficult decisions in good faith.” Weiss’ report also determined that the first son’s previous and well-documented addiction to substances such as crack cocaine could not explain why he failed to pay taxes on millions of dollars of income earned off of his “last name and connections.” “As a well-educated lawyer and businessman, Mr. Biden consciously and willfully chose not to pay at least $1.4 million in taxes over a four-year period. From 2016 to 2020, Mr. Biden received more than $7 million in total gross income, including approximately $1.5 million in 2016, $2.3 million in 2017, $2.1 million in 2018, $1 million in 2019 and $188,000 from January through October 15, 2020,” Weiss wrote in his final report, which was released Monday. DOJ RELEASEES FORMER SPECIAL COUNSEL JACK SMITH’S REPORT ON INVESTIGATION INTO TRUMP ELECTION INTERFERENCE CASE “Mr. Biden made this money by using his last name and connections to secure lucrative business opportunities, such as a board seat at a Ukrainian industrial conglomerate, Burisma Holdings Limited, and a joint venture with individuals associated with a Chinese energy conglomerate. He negotiated and executed contracts and agreements that paid him millions of dollars for limited work,” Weiss continued. Weiss continued in his report that Hunter Biden “spent millions of dollars on an extravagant lifestyle rather than paying his tax bills,” and that he “willfully failed to pay his 2016, 2017, 2018, and 2019 taxes on time, despite having access to funds to pay some or all of these taxes.” TRUMP CALLS JACK SMITH ‘DESPERATE’ AFTER SPECIAL COUNSEL REPORT IS RELEASED AFTER MIDNIGHT “These are not ‘inconsequential’ or ‘technical’ tax code violations,” Weiss wrote. “Nor can Mr. Biden’s conduct be explained away by his drug use –
Mahakumbh 2025: Air India announces new daily flight to Prayagraj from THIS city; check details
Besides Air India, IndiGo and Akasa Air also operate flights to Prayagraj from different cities.
‘Enough is enough’: New report warns top US companies at risk of hefty fines from possible China sanctions
A nonprofit organization with the goal of “preserving freedom and bringing ideological balance back to public corporations” released a database outlining a list of Fortune 100 companies that are financially dependent on China and could lose large sums of money if sanctions were ever put in place. “In this current political climate, there are discussions of the imposition of severe trade tariffs on Chinese goods,” 1792 Exchange explained in a new report released this week. “In addition to tariffs, American sanctions may be placed on American companies doing business in China. For example, if China invades Taiwan, it may result in sanctions like the ones imposed on Russia after the Ukraine invasion. If imposed, our assessment is that American businesses, and investors, could lose a substantial amount of funds. “This raises a number of serious questions that beg for clear answers. What would the financial impact to these companies be if the U.S. imposes sanctions or tariffs that put both assets and revenue streams at risk? What compromises are being exacted by the CCP in order for these companies to invest in China and do business there? How do those conditions influence their U.S. policies and operations? How do companies reconcile potential moral incongruence when their public policy stance in China is at odds with their U.S.-based behavior?” The report highlights over 80 companies that currently operate in China and estimates the amount of sanctions they could potentially face in the future, which was calculated “based on balance sheet data, trade data, and sanctions calculation.” ONE STATE’S NATURAL RESOURCES CAN FINALLY PUT AN END TO AMERICA’S RELIANCE ON CHINA Dozens of companies are included in the report, including Citigroup, Intel, Boeing, Disney, Nike and John Deere. While many of the companies listed have not fully disclosed the full scope of their China business dealings, some have and in those cases, 1792 Exchange estimated the potential financial liability those companies face from potential sanctions in China during the upcoming Trump administration. OPENAI REVEALS AI POLICY PROPOSALS TO BEST CHINA, PROTECT KIDS: ‘THIS IS A RACE AMERICA CAN AND MUST WIN’ In Boeing’s case, the report states that the company earns just under $5 billion annually from China and could face $1 billion in sanctions over a three-year period on average. Intel, according to the report, earns $18 billion per year from China, which represents 26.54% of its total annual revenue. Sanctions in China could mean $5 billion in penalties for Intel over a three-year period on average, the report concludes. Citigroup is listed in the database as potentially facing $16 billion per year in sanctions on average from its almost $5 billion per year revenue in China. Fox News Digital spoke to Daniel Cameron, former Kentucky Republican attorney general and 1792 Exchange CEO, about the report, and he said he hopes people take away from the data the “staggering amount of money our Fortune 100 companies could lose in the event of sanctions imposed on China.” Cameron told Fox News Digital he is optimistic that the incoming Trump administration will implement policies that drive American independence from China. “My hope is that we’re able to bring a lot of jobs back to this country and more businesses and then make a judgment, a decision to park their operations within the United States,” Cameron said. “That’s good for the American worker and I think particularly through some of the information that we’ve been able to share as it relates to this China risk database, I’m hopeful that again, yes, optimistic that President Trump is going to do right by the United States. He’s going to do right by the American worker and consumer and I’m hopeful that the information that we’ve provided will help the administration, but it will also help CEOs and board leadership and investors be wise about their relationship with China.” Overall, the companies listed in the report generate over $600 billion in revenue from China on average and would face sanctions totaling over $150 billion on average. “Far too many of America’s largest corporations are shielding from the public their involvement with an oppressive communist regime. This failure to provide any corporate transparency is a glaring threat to America’s future,” Cameron said about the data in the report. “Enough is enough. American workers, consumers, and investors should be aware of where these major liabilities lie.”