Politics
Trump VP hopeful proves he can tap into billionaire GOP donors
Sen. Tim Scott of South Carolina, a top ally and potential running mate of former President Trump, is making the case for the presumptive Republican presidential nominee.
Scott, who ran unsuccessfully for the 2024 nomination but remains a very popular figure in the GOP, on Wednesday convenes a one-day summit that is drawing top figures in the Republican Party, as well as mega-donors who have yet to commit to Trump’s White House campaign.
The all afternoon and evening gathering of Great Opportunity Policy, a Scott-aligned non-profit group that supports his political and policy agendas, will also double as a fundraiser for the former president as Trump enters his final phases in his search for a running mate.
THESE REPUBLICANS ARE CONSIDERED TO BE ON TRUMP’S SHORT LIST
Sen. Tim Scott, R-S.C., right, speaks in front of former President Trump during a campaign rally on Feb. 28, 2020 in North Charleston, South Carolina. (AP Photo/Patrick Semansky, File)
The senator helped organize a major fundraiser for Trump earlier this year ahead of the South Carolina primary, and he attended a top-dollar fundraiser in New York City for the former president last month. Additionally, Scott, the only Black Republican in the Senate, earlier this month launched a $14 million effort to help the former president win over Black and other non-White working class voters that Scott argues could be the deciding factor in November’s elections.
On Wednesday, he will be making the case for Trump to a number of top donors and billionaires, including Ken Griffin, the founder of the Citadel hedge fund, who spent tens of millions during the 2024 Republican primaries in support of Trump’s rivals, and hedge fund executive Bill Ackman of Pershing Square Capital, who helped finance the campaigns of GOP presidential contender Nikki Haley and Democrat turned independent Robert F. Kennedy Jr., and also supported GOP candidates former New Jersey Gov. Chris Christie, North Dakota Gov. Doug Burgum and biotech entrepreneur Vivek Ramaswamy.
VP STAKES: TRUMP MEETS WITH POTENTIAL RUNNING MATES
When asked what his message is to top donors who have yet to fully commit to the former president, Scott told Fox News Digital last month that “it is in the best interest of the United States of America to have four more years of President Donald Trump. It is in the best interest of our economy to have four more years of Donald Trump.”
“The one thing you can discern as a top donor and Republican and, frankly, a strong business person is that a strong economy makes all things possible,”
Then-GOP presidential candidate Sen. Tim Scott of South Carolina speaks with members of the New Hampshire Federation of Republican Women at an event at Saint Anselm College’s New Hampshire Institute of Politics on May 25, 2023 in Manchester, New Hampshire. (Fox News )
The senator, who was known for his ferocious fundraising as he cruised to re-election in 2022, has strong ties with many leading figures in the GOP donor class. The money raised two years ago served as a down payment for his 2024 national run.
Scott, who was one of roughly a dozen Republican candidates who unsuccessfully challenged Trump for the GOP presidential nomination before ending his White House bid late last year, endorsed the former president in January.
The conservative senator from South Carolina over the past five months has become a top Trump surrogate and is considered to be among a small group of contenders on the short list as Trump’s running mate on the 2024 Republican ticket.
Political analysts say that Scott, as a Black evangelical, could help the former president make a sizable dent in President Biden’s lead with minority voters.
Republican presidential candidate former President Trump, right, looks to Sen. Tim Scott, R-S.C., during a Fox News Channel town hall on Tuesday, Feb. 20, 2024 in Greenville, South Carolina. (AP Photo/Chris Carlson)
His campaign trail efforts on behalf of Trump appear to have impressed the former president.
“You are a much better candidate for me than you are for yourself,” Trump has said to Scott a handful of times.
However, pundits question whether Scott’s uneven debate appearances during the Republican presidential primaries could be an issue for him if he faces off against Vice President Kamala Harris this summer in a general election running mate debate.
Get the latest updates from the 2024 campaign trail, exclusive interviews and more at our Fox News Digital election hub.
Politics
Rep. Kevin Kiley opts against challenging fellow Republican Tom McClintock
Northern California Rep. Kevin Kiley (R-Rocklin), whose congressional district was carved up in the redistricting ballot measures approved by voters last year, announced Monday that he would not challenge fellow Republican Rep. Tom McClintock of Elk Grove. Instead, he plans to run in the Democratic-leaning district where he resides.
“It’s true that I was fully prepared to run in [McClintock’s district], having tested the waters and with polls showing a favorable outlook in a ‘safe’ district. But doing what’s easy and what’s right are often not the same,” Kiley posted on the social media site X. “And at the end of the day, as much as I love the communities in [that] District that I represent now – and as excited as I was about the new ones – seeking office in a district that doesn’t include my hometown didn’t feel right.”
Kiley, 41, currently represents a congressional district that spans Lake Tahoe to Sacramento. He did not respond to requests for comment.
But after California voters in November passed Proposition 50 — a ballot measure to redraw the state’s congressional districts in an effort to counter Trump’s moves to increase the numbers of Republicans in Congress — Kiley’s district was sliced up into other districts.
As the filing deadline approaches, Kiley pondered his path forward in a decision that was compared by political insiders to the reality television show “The Bachelor.” Who would receive the final rose? McClintock’s new sprawling congressional district includes swaths of gold country, the Central Valley and Death Valley. The district Kiley opted to run in includes the city of Sacramento and the suburbs of Roseville and Rocklin in Placer County.
Kiley was facing headwinds because of the Republican institutional support that lined up behind McClintock, 69, who has been in Congress since 2009 and served in the state Legislature for 26 years previously. President Trump, the California Republican Party and the Club for Growth’s political action committee are among the people and groups who have endorsed McClintock.
Conservative strategist Jon Fleischman, a former executive director of the state GOP, said he was thrilled by Kiley’s decision, which avoids a divisive intraparty battle.
“If you open up the dictionary and look for the word conservative, it’s a photo of Tom McClintock. He is the ideological leader of conservatives, not only in California but in Congress for many, many years,” Fleischman said, adding that the endorsements for McClintock purposefully came because Kiley was considering challenging him.
Kiley, who grew up near Sacramento, attended Harvard University and Yale Law School. A former Teach for America member, he served in the state Assembly for six years before being elected to Congress in 2022 with Trump’s backing. But he has bucked the president, notably on tariffs. He also unsuccessfully ran to replace Gov. Gavin Newsom during the 2021 recall, and has been a constant critic of the governor.
Kiley is now running in a Sacramento-area district represented by Rep. Ami Bera (D-Elk Grove). Democrats in the newly drawn district had a nearly 9-point voter registration edge in 2024. Bera is now running in the new version of Kiley’s district.
In Kiley’s new race, his top rival is Dr. Richard Pan of Sacramento, a former state senator and staunch supporter of vaccinations.
“Kevin Kiley can try to rebrand himself, but voters know his extreme record,” Pan said in a statement. “He has stood with Donald Trump 98% of the time and was named a ‘MAGA Champion.’ The people of this district deserve better than political opportunism disguised as moderation. This race is about who will actually fight for healthcare, public health, and working families. I’ve done that my entire career. Kevin Kiley has not.”
Politics
Video: Defense Officials Give No Timeline for War in Iran as U.S. Boosts Forces
new video loaded: Defense Officials Give No Timeline for War in Iran as U.S. Boosts Forces
transcript
transcript
Defense Officials Give No Timeline for War in Iran as U.S. Boosts Forces
At a Pentagon news conference, top defense officials said that the U.S. military was sending more forces to the Middle East and expects to “take additional losses.” Earlier, President Trump said that the U.S. could continue striking Iran for the next four to five weeks.
-
“We didn’t start this war, but under President Trump, we are finishing it. This operation is a clear, devastating, decisive mission. Destroy the missile threat. Destroy the navy. No nukes. President Trump has all the latitude in the world to talk about how long it may or may not take. Four weeks. Two weeks, six weeks. It could move up. It could move back. We’re going to execute at his command the objectives we’ve set out to achieve.” “We expect to take additional losses. And as always, we will work to minimize U.S. losses. But as the secretary said, this is major combat operations.” Reporter: “Are there currently any American boots on the ground in Iran?” “No, but we’re not going to go into the exercise of what we will or will not do. I think — it’s one of those fallacies for a long time that this department or presidents or others should tell the American people. This — and our enemies by the way — here’s exactly what we’ll do. Why in the world would we tell you, you, the enemy, anybody, what we will or will not do in pursuit of an objective?”
By Christina Kelso
March 2, 2026
Politics
Gas prices could jump as Middle East tensions threaten global oil supply
NEWYou can now listen to Fox News articles!
Americans could soon see higher gas prices as escalating tensions in the Middle East threaten a critical global oil chokepoint, raising fears of supply disruptions that could quickly reverberate across U.S. energy markets.
After joint U.S.–Israeli strikes, dubbed Operation Epic Fury, targeted Iranian sites over the weekend and killed Iran’s Supreme Leader Ayatollah Ali Khamenei, concerns quickly shifted to how Tehran might respond and whether oil infrastructure or tanker traffic could become collateral damage.
Any disruption to global crude supplies could translate into higher costs for American drivers at the pump.
“Every time we’ve had flare-ups in the Middle East like we’re seeing right now — and we’ve seen this kind of situation periodically over the last 50 years — it has caused significant disruption to energy markets,” economist Stephen Moore told Fox News Digital.
“I would expect we could see anywhere from 25 to 50 cents a gallon increase in gas prices in the short term,” he said.
Experts say Americans will likely pay more for gas due to the ongoing conflict in the Middle East. (Matthew Hatcher/Bloomberg/Getty Images)
Market data already shows prices moving higher.
Patrick De Haan, head of petroleum analysis at GasBuddy, said oil prices were up $5 per barrel, while wholesale gasoline prices had risen 11 cents per gallon.
He expects retail gas prices to begin climbing immediately, especially in areas where stations tend to adjust prices in sharp, periodic jumps.
The national average could hit $3 per gallon as soon as Monday, De Haan said, with some stations increasing prices by 10 to 30 cents this week and potentially more in markets that see larger price swings.
Moore warned that prices could climb further and remain elevated if vital transit routes or oil facilities are disrupted.
TRUMP PLEDGES TO ‘AVENGE’ FALLEN US SERVICE MEMBERS AS TENSIONS WITH IRAN INTENSIFY
The ongoing conflict in Iran is near a major energy corridor. (Contributor/Getty Images)
“Huge amounts of global oil travel through the Strait of Hormuz, so this could be incredibly disruptive, delaying delivery of oil and gas,” he said.
“The Iranians have already knocked out some oil facilities in the Middle East, and who knows what they’re up to next. When you have less supply, prices go up. The big question is whether this will be a temporary bump or something more prolonged.”
The ongoing conflict sits near the Strait of Hormuz, one of the world’s most strategically important energy corridors.
“This shipping route represents around 25% of global oil trade and 23% of liquefied natural gas trade,” explained Jaime Brito, executive director of refining and oil products at OPIS.
The Strait of Hormuz, a narrow shipping lane between Iran and Oman that has long been a flashpoint during regional crises, serves as a vital artery for global energy markets.
Roughly 20 million barrels of crude oil and petroleum products — about one-fifth of global oil supply — transit the strait each day, underscoring how disruption there can quickly send shockwaves through international energy markets.
HORMUZ ERUPTS: ATTACKS, GPS JAMMING, HOUTHI THREATS ROCK STRAIT AMID US-ISRAELI STRIKES
A satellite view of the Strait of Hormuz, a critical chokepoint for global energy supply, connecting the Persian Gulf to the Gulf of Oman. (Gallo Images/Orbital Horizon/Copernicus Sentinel Data 2025/Amanda Macias/Fox News Digital)
Highlighting the growing concern, Maersk, widely regarded as a bellwether for global ocean freight, said it will suspend all vessel crossings through the Strait of Hormuz until further notice and cautioned that services to Arabian Gulf ports may be delayed.
Still, not all price movements are immediate.
“Developments over the weekend in the Middle East should hypothetically take time to ripple into the global supply chain. An initial assessment would suggest no specific price impacts should be seen in the gasoline market across the world, including the U.S.,” Brito told Fox News Digital.
However, Brito said prices could climb quickly if markets expect trouble ahead, even before supplies are actually affected.
As a result, Brito said, developments in Iran may have already translated into higher gasoline, diesel and other fuel prices in parts of the U.S., depending on regional supply dynamics and individual company pricing strategies.
CLICK HERE TO DOWNLOAD THE FOX NEWS APP
Experts say the increase in gas prices will be largely determined by how long the conflict in the Middle East lasts. (John McCall/South Florida Sun Sentinel/Tribune News Service via Getty Images)
From a domestic standpoint, Brito added that gasoline prices follow a seasonal pattern, typically climbing during the summer travel months.
“March prices are not expected to be significantly high,” he said, noting that spring break travel could support demand in certain areas — but not at the level seen during peak summer driving season.
Ultimately, the direction of gasoline prices will depend less on seasonal demand and more on how the geopolitical situation unfolds in the days ahead.
-
World5 days agoExclusive: DeepSeek withholds latest AI model from US chipmakers including Nvidia, sources say
-
Massachusetts5 days agoMother and daughter injured in Taunton house explosion
-
Denver, CO5 days ago10 acres charred, 5 injured in Thornton grass fire, evacuation orders lifted
-
Louisiana1 week agoWildfire near Gum Swamp Road in Livingston Parish now under control; more than 200 acres burned
-
Technology1 week agoYouTube TV billing scam emails are hitting inboxes
-
Politics1 week agoOpenAI didn’t contact police despite employees flagging mass shooter’s concerning chatbot interactions: REPORT
-
Technology1 week agoStellantis is in a crisis of its own making
-
News1 week agoWorld reacts as US top court limits Trump’s tariff powers