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Mutual Fund and ETF data provided by <a href="https://lipperalpha.refinitiv.com/" data-omtr-intcmp="topnav_more_refinitive_info">Refinitiv Lipper</a>. <br><i><strong>Welcome to the Fox News Politics newsletter, with the latest updates on the Trump transition, exclusive interviews and more Fox News politics content.</strong></i><br><i><strong>Here's what's happening…</strong></i><br><i><strong>-Garland </strong></i><a href="https://www.foxnews.com/politics/ag-merrick-garland-intends-release-special-counsel-jack-smith-report-trump-election-case" target="_blank" rel="noopener"><i><strong>intends to release</strong></i></a><i><strong> Jack Smith report on Trump election case</strong></i><br><i><strong>-Gaetz </strong></i><a href="https://www.foxnews.com/politics/matt-gaetz-mulls-florida-gubernatorial-bid" target="_blank" rel="noopener"><i><strong>mulls bid</strong></i></a><i><strong> for Florida Governor</strong></i><br><i><strong>-Senator Fetterman </strong></i><a href="https://www.foxnews.com/politics/fetterman-open-potential-greenland-acquisition-declares-support-laken-riley-act" target="_blank" rel="noopener"><i><strong>open</strong></i></a><i><strong> to potential Greenland acquisition</strong></i><br>The Federal Emergency Management Agency (FEMA) will reimburse California for costs associated with hiring more firefighters and controlling the raging wildfires that have ripped through Southern California. <br>News of the Fire Management Assistance Grants trickled in Tuesday, and by the evening the White House put out a statement from President Biden confirming the move. <a href="https://www.foxnews.com/category/us/disasters/fema" target="_blank" rel="noopener"><u>FEMA</u></a> confirmed the measures on Wednesday, in an announcement laying out some details about the grants. <br>The funding will provide federal reimbursements for up to 75% of "eligible firefighting costs" incurred by the state, as <a href="https://www.foxnews.com/category/us/us-regions/west/california" target="_blank" rel="noopener"><u>California</u></a> seeks to shore up its firefighting force and put out the wildfires that have killed at least two people and driven thousands from their homes. Eligible costs include expenses for field camps, equipment, materials, supplies and mobilization or demobilization efforts attributed to fighting the fires <a href="https://www.foxnews.com/politics/fema-pay-more-firefighters-california-blazes-burn-beyond-capacity" target="_blank" rel="noopener"><i><strong><u>…Read more</u></strong></i></a><br><span>Firefighters battle the Palisades Fire as it burns multiple structures in the Pacific Palisades neighborhood of Los Angeles, Tuesday, Jan. 7, 2025.</span> <span>(AP Photo/Ethan Swope)</span><br><strong>DOUBTFUL LEGACY</strong>: Majority of Americans say President Biden will be remembered as a below-average president: Gallup <a href="https://www.foxnews.com/politics/majority-americans-believe-biden-remembered-below-average-poor-president-poll" rel="noopener"><i><strong>...Read more</strong></i></a><br><strong>'FURTHER THE PUBLIC INTEREST'</strong>: AG Merrick Garland intends to release Jack Smith report on Trump election case <a href="https://www.foxnews.com/politics/ag-merrick-garland-intends-release-special-counsel-jack-smith-report-trump-election-case" rel="noopener"><i><strong>...Read more</strong></i></a><br><strong>STILL THINKING</strong>: Biden says pre-emptive pardons for Trump targets still under consideration <a href="https://www.foxnews.com/politics/biden-pre-emptive-pardons-trump-targets-liz-cheney-fauci-others" rel="noopener"><i><strong>...Read more</strong></i></a><br><strong>ROAD BLOCK</strong>: Dems accused of 'stonewalling' Tulsi Gabbard confirmation after GOP calls for quick hearing <a href="https://www.foxnews.com/politics/dems-accused-stonewalling-tulsi-gabbard-confirmation-gop-demands-quick-hearing" rel="noopener"><i><strong>...Read more</strong></i></a><br><strong>MAGAFEST DESTINY</strong>: Trump flexes his muscles with repeated talk of American expansionism <a href="https://www.foxnews.com/politics/magafest-destiny-trump-flexes-his-muscles-repeated-talk-american-expansionism" rel="noopener"><i><strong>...Read more</strong></i></a><br><strong>'DRIVING THE WHALES CRAZY'</strong>: Trump signals he could oppose new wind energy production during second term <a href="https://www.foxnews.com/politics/trump-windmill-production-second-term-claims-driving-whales-crazy" rel="noopener"><i><strong>...Read more</strong></i></a><br><strong>TRUMP TRIAL</strong>: President-elect files emergency petition to SCOTUS to prevent sentencing in New York <a href="https://www.foxnews.com/politics/trump-files-emergency-petition-supreme-court-prevent-sentencing-ny-v-trump" rel="noopener"><i><strong>...Read more</strong></i></a><br><span>Rep. Matt Gaetz (R-FL) attends the second day of the Republican National Convention at the Fiserv Forum on July 16, 2024 in Milwaukee, Wisconsin. Delegates, politicians, and the Republican faithful are in Milwaukee for the annual convention, concluding with former President Donald Trump accepting his party's presidential nomination. </span> <span>(Andrew Harnik/Getty Images)</span><br><strong>FIRST ON FOX</strong>: Bipartisan lawmakers introduce bill in warning to Putin-allied government <a href="https://www.foxnews.com/world/bipartisan-lawmakers-introduce-georgian-nightmare-non-recognition-act-warning-putin-allied-government" rel="noopener"><i><strong>...Read more</strong></i></a><br><strong>SENATE STEP FORWARD</strong>: Dems expected to help advance Laken Riley Act <a href="https://www.foxnews.com/politics/senate-dems-join-republicans-advance-anti-illegal-immigration-bill-named-after-laken-riley" rel="noopener"><i><strong>...Read more</strong></i></a><br><strong>'NEED TO GO'</strong>: Fetterman open to potential Greenland acquisition, declares support for Laken Riley Act <a href="https://www.foxnews.com/politics/fetterman-open-potential-greenland-acquisition-declares-support-laken-riley-act" rel="noopener"><i><strong>...Read more</strong></i></a><br><strong>BRING BACK DEATH PENALTY</strong>: Top Republicans roll out bill that would undo 9/11 plea deals <a href="https://www.foxnews.com/politics/9-11-bill-plea-deals-mcconnell-cotton" rel="noopener"><i><strong>...Read more</strong></i></a><br><strong>'I SAW IT FIRSTHAND'</strong>: Ex-Dem rep calls presidential race 'unwinnable,' had concerns about Biden <a href="https://www.foxnews.com/media/former-democratic-lawmaker-had-great-concerns-about-bidens-ability-speak-says-race-unwinnable" rel="noopener"><i><strong>...Read more</strong></i></a><br><strong>'REVIEWING THE OPPORTUNITY'</strong>: Gaetz mulls bid for Florida governor <a href="https://www.foxnews.com/politics/matt-gaetz-mulls-florida-gubernatorial-bid" rel="noopener"><i><strong>...Read more</strong></i></a><br><strong>PARTISAN FLASH POINT</strong>: NC Supreme Court blocks election results for one of its own seats amid legal challenge <a href="https://www.foxnews.com/politics/federal-judge-kicks-battle-over-nc-supreme-court-election-back-state-court" rel="noopener"><i><strong>...Read more</strong></i></a><br><span>Mexico's President Claudia Sheinbaum shows a 1661 world map showing the Americas and the Gulf of Mexico in response to President-elect Donald Trump's comments about renaming the body of water, during a press conference at National Palace in Mexico City, Mexico, in this photo distributed on Jan. 8, 2025. Presidencia de Mexico/Handout via REUTERS</span> <span>(REUTERS)</span><br><strong>DRUG DEALERS BEWARE</strong>: VA seeks murder charges for fentanyl deaths <a href="https://www.foxnews.com/politics/drug-dealers-could-charged-murder-under-new-virginia-fentanyl-plan" rel="noopener"><i><strong>...Read more</strong></i></a><br><strong>TARIFF THREAT</strong>: Mexico disperses migrant caravans heading to U.S. ahead of Trump inauguration <a href="https://www.foxnews.com/politics/mexico-disperses-migrant-caravans-heading-us-ahead-trump-inauguration" rel="noopener"><i><strong>...Read more</strong></i></a><br><strong>'TERRIBLE JOB'</strong>: Flashback: Trump repeatedly called out Newsom on wildfires in first term <a href="https://www.foxnews.com/politics/flashback-trump-has-long-history-warning-newsom-over-terrible-wildfire-prevention" rel="noopener"><i><strong>...Read more</strong></i></a><br><strong>NAME GAMES</strong>: Mexico president turns tables on Trump with map idea of her own <a href="https://www.foxnews.com/politics/mexicos-president-tries-turning-tables-trump-nice-naming-idea-her-own" rel="noopener"><i><strong>...Read more</strong></i></a><br><strong>'TRUE DISASTER'</strong>: Trump pins blame for 'apocalyptic' wildfires on Newsom <a href="https://www.foxnews.com/politics/trump-says-newsom-blame-apocalyptic-wildfires" rel="noopener"><i><strong>...Read more</strong></i></a><br><strong>'I DON'T KNOW WHAT HAPPENED'</strong>: 'Hillbilly Elegy' actress says JD Vance's family was 'generous' on set <a href="https://www.foxnews.com/media/glenn-close-praises-generous-family-jd-vance-during-hillbilly-elegy-filming-view-hosts-take-jabs" rel="noopener"><i><strong>...Read more</strong></i></a><br><strong>'RAPE GANG SCANDAL'</strong>: UK lawmakers reject inquiry despite Musk appeals <a href="https://www.foxnews.com/world/uk-lawmakers-vote-against-inquiry-rape-gang-scandal-musk-keeps-up-pressure" rel="noopener"><i><strong>...Read more</strong></i></a><br><strong>DIRECT HIT</strong>: U.S. hits underground Houthi weapons depots <a href="https://www.foxnews.com/world/us-strikes-underground-houthi-weapons-depots-used-hit-american-ships" rel="noopener"><i><strong>...Read more</strong></i></a><br><i><strong>Get the latest updates on the Trump presidential transition, incoming Congress, exclusive interviews and more on </strong></i><a href="https://foxnews.com/politics" target="_blank" rel="noopener"><i><strong><u>FoxNews.com</u></strong></i></a><i>.</i><br>This article was written by Fox News staff.<br>Get the latest updates from the 2024 campaign trail, exclusive interviews and more Fox News politics content.<br>By entering your email and clicking the Subscribe button, you agree to the Fox News <a href="https://www.foxnews.com/privacy-policy">Privacy Policy</a> and <a href="https://www.foxnews.com/terms-of-use">Terms of Use</a>, and agree to receive content and promotional communications from Fox News. 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