7 stories credited to Fox Business
Latest story Apr 21, 2026 · on ChamberLight since Apr 2026
A story can appear as several articles (copies of the same piece), so counts of stories and of articles differ.
Scores for Fox Business
Writing quality not enough rated stories yet: 6 of 10. How it is measured
Scores last checked Sep 25, 2026.
Part of Fox
Other domains in the group, with the stories credited to each:
Stories ChamberLight collected, by month
Stories credited to Fox Business, by publication date. ChamberLight collects articles that mention the officials it tracks, so this shows its own coverage of this source, not how much the source publishes.
- Stories from Fox Business
- Shaded: ChamberLight collected no stories, or almost none, from any outlet (a gap in its collection, not in the outlet’s publishing)
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| Month | Stories | All outlets |
|---|---|---|
| March 2026 | 1 | 296 |
| April 2026 | 6 | 4,537 |
| May 2026 | 0 | none collected |
| June 2026 | 0 | none collected |
| July 2026 | 0 | none collected |
| August 2026 | 0 | 1 (collection gap) |
| September 2026 | 0 | 598 |
Top topics
Share of this source’s stories tagged with each topic. A story can carry several topics, so the shares do not add up to 100%.
- Budget/Spending5
71% of 7 stories · 30% across all outlets
- Economy5
71% of 7 stories · 24% across all outlets
- Ethics/Corruption4
57% of 7 stories · 56% across all outlets
- Defense/Military2
29% of 7 stories · 24% across all outlets
- Taxes2
29% of 7 stories · 4% across all outlets
- Environment/Climate1
14% of 7 stories · 4% across all outlets
- Foreign Policy1
14% of 7 stories · 28% across all outlets
- Infrastructure1
14% of 7 stories · 7% across all outlets
The thin mark on each bar is the topic’s share across all outlets.
Who they cover
Party of the officials these stories are mainly about, across all 10 officials named. A story counts once for each official it is mainly about, so the split is over 10 story–official pairs, from 7 stories.
- Republican80% · 8 pairs
- Democrat10% · 1 pair
- Party not recorded10% · 1 pair
Most covered
Stories mainly about each official, and their share of the source’s 7 stories.
Article tone
ChamberLight’s article analysis assigns each story a tone toward the official it covers. It describes the coverage of that official, not Fox Business’s stance, and reader votes do not change it. 7 stories.
- Good Look
- 2 (29%)
- Mixed
- 5 (71%)
- Informational
- 0 (0%)
- Bad Look
- 0 (0%)
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Articles served from foxbusiness.com
10
Tim Scott predicts 'near unanimous' GOP support for Trump's Fed chair pick Kevin Warsh ahead of hearing
FIRST ON FOX: Senate Banking Committee Chairman Tim Scott, R-SC, said he expects Federal Reserve Chairman candidate Kevin Warsh to successfully move through the Senate confirmation process, despite opposition from Democrats in the higher chamber. Warsh was nominated by President Donald Trump in January to chair the Federal Reserve Board of Governors to replace outgoing Chairman Jerome Powell. "I think Kevin is a fantastic person and a very strong pick," Scott told Fox News Digital during a phone call. "I've known Kevin for a number of years now. He's one of my favorites in the world of economics. I think he's going to do a great job tomorrow. Frankly, every Democrat and every Republican on the committee should support him." Warsh will sit before Scott’s committee on Tuesday for a hearing where Scott says Democrats will likely target Warsh’s financial disclosures, which has delayed the hearing. PETE HEGSETH SAYS HE HAD ‘SUBSTANTIVE CONVERSATION’ WITH JONI ERNST AS TRUMP SIGNALS SUPPORT "With the Democrats, I would imagine you'll see a lot of hand-wringing around disclosures as opposed to hand-wringing around economic knowledge and the wisdom or understanding of the nimble nature of our economy," Scott told Fox News Digital. "On our side, I think you'll see a near unanimous support of a candidate. We obviously are all aware of at least one person who wants to wait until the DOJ investigation is done before we have a vote, but the truth is that even Tom Tillis supports Kevin Warsh," Scott added. Judge Jeanine Pirro, who was appointed by Trump to lead the U.S. Attorney’s Office for the District of Columbia, authorized an investigation into sitting Fed Chairman Jerome Powell last November. BESSENT RULES OUT FED CHAIR ROLE, EXPLAINS WHAT LURED SAUDIS' $1T INVESTMENT DEAL The investigation was based on a roughly $2.5 billion renovation project to restore the Fed headquarters, with some investigators accusing Powell of lying under oath before Scott’s committee in June 2025. Powell responded to the Trump administration’s legal pursuits, saying the move was political and in response to Powell’s reluctance to lower interest rates. "This new threat is not about my testimony last June or about the renovation of the Federal Reserve buildings," Powell said in a statement. "It is not about Congress’s oversight role; the Fed, through testimony and other public disclosures, made every effort to keep Congress informed about the renovation project." BORDER PATROL CHIEF'S HEARING BEGINS WITH TIFF OVER DEM’S ALLEGATIONS THAT SPURRED NOEM LETTER When asked about the differences between Powell and Warsh in terms of Fed independence, Scott said Powell did not remove politics from his agenda during his tenure of leading America’s central bank. "I think Powell did not know the definition of transitory, and I think Kevin Warsh will," Scott explained. "I would say that the fact of the matter is that Kevin understands the importance of the independence of the Fed, and Powell did not." "As an example, we saw Powell weighing in under the Biden years on things that were very political and [it] should have been left to Congress to include the climate agenda," Scott continued. GOP SENATOR REVEALS STRATEGY TO PUSH TRUMP'S POLICIES THROUGH CONGRESS: 'I BELIEVE IN THE AGENDA' "I do not think you'll see that under Kevin Warsh," Scott added. "I think he'll keep his eye on the most important thing, which is money and not the climate." Warsh, 56, joined the Federal Reserve Board in 2006 at just 35 years old, one of the youngest governors in the history of America’s central bank. The Albany, New York native graduated from Stanford in 1992, and graduated cum laude with a Juris Doctor from Harvard Law School in 1995. KAVANAUGH WARNS TRUMP CASE COULD 'SHATTER' FEDERAL RESERVE INDEPENDENCE IN SUPREME COURT HEARING He worked in mergers and acquisitions at Morgan Stanley, and subsequently served in the White House as Special Assistant to the President for Economic Policy and Executive Secretary of the National Economic Council under President George W. Bush. Following his hearing Tuesday morning, the Senate will vote on his advancement to the full Senate, where he only needs a simple majority vote to be confirmed for the role. Powell's term ends on May 15, so it is likely Warsh will assume the Fed Chair position at or around that date. "Every Democrat and every Republican on the committee should support him, [but I] don't think that'll happen," Scott added. "Democrats are now afraid of supporting President Trump, even if it's in the best interest of the country, which is quite unfortunate."
Tim Scott predicts 'near unanimous' GOP support for Trump's Fed chair pick Kevin Warsh ahead of hearing
FIRST ON FOX: Senate Banking Committee Chairman Tim Scott, R-SC, said he expects Federal Reserve Chairman candidate Kevin Warsh to successfully move through the Senate confirmation process, despite opposition from Democrats in the higher chamber. Warsh was nominated by President Donald Trump in January to chair the Federal Reserve Board of Governors to replace outgoing Chairman Jerome Powell. "I think Kevin is a fantastic person and a very strong pick," Scott told Fox News Digital during a phone call. "I've known Kevin for a number of years now. He's one of my favorites in the world of economics. I think he's going to do a great job tomorrow. Frankly, every Democrat and every Republican on the committee should support him." Warsh will sit before Scott’s committee on Tuesday for a hearing where Scott says Democrats will likely target Warsh’s financial disclosures, which has delayed the hearing. PETE HEGSETH SAYS HE HAD ‘SUBSTANTIVE CONVERSATION’ WITH JONI ERNST AS TRUMP SIGNALS SUPPORT "With the Democrats, I would imagine you'll see a lot of hand-wringing around disclosures as opposed to hand-wringing around economic knowledge and the wisdom or understanding of the nimble nature of our economy," Scott told Fox News Digital. "On our side, I think you'll see a near unanimous support of a candidate. We obviously are all aware of at least one person who wants to wait until the DOJ investigation is done before we have a vote, but the truth is that even Tom Tillis supports Kevin Warsh," Scott added. Judge Jeanine Pirro, who was appointed by Trump to lead the U.S. Attorney’s Office for the District of Columbia, authorized an investigation into sitting Fed Chairman Jerome Powell last November. BESSENT RULES OUT FED CHAIR ROLE, EXPLAINS WHAT LURED SAUDIS' $1T INVESTMENT DEAL The investigation was based on a roughly $2.5 billion renovation project to restore the Fed headquarters, with some investigators accusing Powell of lying under oath before Scott’s committee in June 2025. Powell responded to the Trump administration’s legal pursuits, saying the move was political and in response to Powell’s reluctance to lower interest rates. "This new threat is not about my testimony last June or about the renovation of the Federal Reserve buildings," Powell said in a statement. "It is not about Congress’s oversight role; the Fed, through testimony and other public disclosures, made every effort to keep Congress informed about the renovation project." BORDER PATROL CHIEF'S HEARING BEGINS WITH TIFF OVER DEM’S ALLEGATIONS THAT SPURRED NOEM LETTER When asked about the differences between Powell and Warsh in terms of Fed independence, Scott said Powell did not remove politics from his agenda during his tenure of leading America’s central bank. "I think Powell did not know the definition of transitory, and I think Kevin Warsh will," Scott explained. "I would say that the fact of the matter is that Kevin understands the importance of the independence of the Fed, and Powell did not." "As an example, we saw Powell weighing in under the Biden years on things that were very political and [it] should have been left to Congress to include the climate agenda," Scott continued. GOP SENATOR REVEALS STRATEGY TO PUSH TRUMP'S POLICIES THROUGH CONGRESS: 'I BELIEVE IN THE AGENDA' "I do not think you'll see that under Kevin Warsh," Scott added. "I think he'll keep his eye on the most important thing, which is money and not the climate." Warsh, 56, joined the Federal Reserve Board in 2006 at just 35 years old, one of the youngest governors in the history of America’s central bank. The Albany, New York native graduated from Stanford in 1992, and graduated cum laude with a Juris Doctor from Harvard Law School in 1995. KAVANAUGH WARNS TRUMP CASE COULD 'SHATTER' FEDERAL RESERVE INDEPENDENCE IN SUPREME COURT HEARING He worked in mergers and acquisitions at Morgan Stanley, and subsequently served in the White House as Special Assistant to the President for Economic Policy and Executive Secretary of the National Economic Council under President George W. Bush. Following his hearing Tuesday morning, the Senate will vote on his advancement to the full Senate, where he only needs a simple majority vote to be confirmed for the role. Powell's term ends on May 15, so it is likely Warsh will assume the Fed Chair position at or around that date. "Every Democrat and every Republican on the committee should support him, [but I] don't think that'll happen," Scott added. "Democrats are now afraid of supporting President Trump, even if it's in the best interest of the country, which is quite unfortunate."
Bipartisan senators press United and American CEOs on reported merger of leading airlines
A bipartisan pair of senators sent a letter to the CEOs of United Airlines and American Airlines expressing concerns about the possibility of a proposed merger between the two air carriers and requested more information about the impact of a possible deal. The letter was sent by Sens. Elizabeth Warren, D-Mass., and Mike Lee, R-Utah, who wrote that a merger between United and American would "combine two of the 'Big Four' U.S. airlines into an 'industry behemoth,' controlling nearly half of the U.S. market share of the airline industry and creating the largest airline on the planet by revenue." "Any proposed merger between United Airlines and American Airlines raises serious questions under antitrust law and raises the likelihood of harm for American consumers," Warren and Lee wrote. The letter comes after a report that United CEO Scott Kirby proposed a merger with American and asked for the blessing of President Donald Trump on the proposed deal at a late February meeting, according to Reuters. The outlet reported that a source close to the White House was skeptical about the deal's competitive impact and how it would affect consumers. UNITED AIRLINES MERGER TALK PUTS SPOTLIGHT ON AMERICAN CEO'S FUTURE, EXPERTS SAY If a potential merger between the two airlines were to move forward, it would likely invite regulatory scrutiny from federal agencies as well as antitrust panels in Congress, such as the Senate subcommittee chaired by Lee. In their letter, Warren and Lee expressed a number of concerns surrounding the potential for the combined company to raise prices on consumers, hurt smaller airlines' ability to compete for gate access, and cut routes – particularly those out of Dallas Fort Worth International Airport and Chicago O'Hare International Airport. UNITED AIRLINES CHECKED BAG FEES CLIMBS $10-50 AS FUEL PRICES NEARLY DOUBLE SINCE IRAN WAR They also raised concerns about job losses at a combined airline and creating monopsony power that results in the company "potentially suppressing wages and benefits industry-wide." Warren and Lee asked the CEOs of United and American to provide answers as to whether the companies have discussed a deal directly or with other outside parties. They also asked the airlines to justify how such a merger would be in the public interest, along with specific queries about air fares and fees, job losses and the elimination of routes under a merger. AMERICAN AIRLINES JOINS WAVE OF CARRIERS HIKING CHECKED BAG FEES AS JET FUEL PRICES SKYROCKET American Airlines said in a statement on Friday that it is "not engaged with or interested in" merger discussions with United. "While changes in the broader airline marketplace may be necessary, a combination with United would be negative for competition and for consumers, and therefore inconsistent with our understanding of the Administration’s philosophy toward the industry and principles of antitrust law," the carrier said. "Our focus will remain on executing on our strategic objectives and positioning American to win for the long term." GET FOX BUSINESS ON THE GO BY CLICKING HERE United Airlines declined to comment on Friday. FOX Business' Robert McGreevy and Reuters contributed to this report.
Bipartisan senators press United and American CEOs on reported merger of leading airlines
A bipartisan pair of senators sent a letter to the CEOs of United Airlines and American Airlines expressing concerns about the possibility of a proposed merger between the two air carriers and requested more information about the impact of a possible deal. The letter was sent by Sens. Elizabeth Warren, D-Mass., and Mike Lee, R-Utah, who wrote that a merger between United and American would "combine two of the 'Big Four' U.S. airlines into an 'industry behemoth,' controlling nearly half of the U.S. market share of the airline industry and creating the largest airline on the planet by revenue." "Any proposed merger between United Airlines and American Airlines raises serious questions under antitrust law and raises the likelihood of harm for American consumers," Warren and Lee wrote. The letter comes after a report that United CEO Scott Kirby proposed a merger with American and asked for the blessing of President Donald Trump on the proposed deal at a late February meeting, according to Reuters. The outlet reported that a source close to the White House was skeptical about the deal's competitive impact and how it would affect consumers. UNITED AIRLINES MERGER TALK PUTS SPOTLIGHT ON AMERICAN CEO'S FUTURE, EXPERTS SAY If a potential merger between the two airlines were to move forward, it would likely invite regulatory scrutiny from federal agencies as well as antitrust panels in Congress, such as the Senate subcommittee chaired by Lee. In their letter, Warren and Lee expressed a number of concerns surrounding the potential for the combined company to raise prices on consumers, hurt smaller airlines' ability to compete for gate access, and cut routes – particularly those out of Dallas Fort Worth International Airport and Chicago O'Hare International Airport. UNITED AIRLINES CHECKED BAG FEES CLIMBS $10-50 AS FUEL PRICES NEARLY DOUBLE SINCE IRAN WAR They also raised concerns about job losses at a combined airline and creating monopsony power that results in the company "potentially suppressing wages and benefits industry-wide." Warren and Lee asked the CEOs of United and American to provide answers as to whether the companies have discussed a deal directly or with other outside parties. They also asked the airlines to justify how such a merger would be in the public interest, along with specific queries about air fares and fees, job losses and the elimination of routes under a merger. AMERICAN AIRLINES JOINS WAVE OF CARRIERS HIKING CHECKED BAG FEES AS JET FUEL PRICES SKYROCKET American Airlines said in a statement on Friday that it is "not engaged with or interested in" merger discussions with United. "While changes in the broader airline marketplace may be necessary, a combination with United would be negative for competition and for consumers, and therefore inconsistent with our understanding of the Administration’s philosophy toward the industry and principles of antitrust law," the carrier said. "Our focus will remain on executing on our strategic objectives and positioning American to win for the long term." GET FOX BUSINESS ON THE GO BY CLICKING HERE United Airlines declined to comment on Friday. FOX Business' Robert McGreevy and Reuters contributed to this report.
Tax refunds are bigger than ever this year, but residents of 5 states are cashing in the most
Americans are facing a midnight deadline to file their 2025 tax return, but the refunds that await the majority of taxpayers are larger on average than a year ago – with taxpayers in certain states receiving higher refunds, according to a new report. An analysis by Upgraded Points of how refund amounts have changed across geographic areas and income levels finds that the estimated average refund for 2026 is $3,571, with 72.9% of taxpayers receiving refunds. That's above the record set in 2022 of $3,252, though the share of refund recipients is down from 77.1% in 2021. The larger refunds across the nation come following the enactment of the One Big Beautiful Bill Act, which extended a host of tax policies that were set to expire and included new policies aimed at providing tax relief for income from tips and overtime, Social Security, and other provisions like the auto loan interest deduction for new, U.S.-made cars. While those policy changes occurred for all U.S. taxpayers, residents of some states are seeing larger refunds than their peers in other parts of the country based on the IRS data used to compile the report. TAX DAY IS HERE: ADVICE FOR LAST-MINUTE FILERS RACING AGAINST THE CLOCK The Upgraded Points analysis found that the state with the highest average refund was Florida with $4,433 after adjusting for inflation. That's out of more than 11.1 million federal tax returns filed, of which 67.1% yielded a refund for the taxpayer. "While Tax Day isn't usually a day for celebration, Americans can rejoice knowing they will likely receive a larger tax return or owe less than in years past. I am proud to have supported the Working Families Tax Cut Package – the largest tax cut in history for working Americans," Sen. Ashley Moody, R-Fla., told FOX Business. "On average, Floridians will receive the largest average federal tax refunds in the country, keeping hard earned dollars in the pockets of workers, families, and businesses," Moody added. IRS REFUND TRACKER EXPLAINED: WHAT YOU NEED TO KNOW BEFORE THIS YEAR'S TAX FILING DEADLINE Texas ranked second with an average refund of $4,344 out of 13.6 million returns filed by Lone Star State taxpayers, with 71.3% receiving a refund. A pair of states in the Mountain West ranked third and fourth, with Wyoming taxpayers getting an average refund of $4,282 with 68.8% of the 280,750 returns filed receiving a refund, followed by Nevada's average refund of $4,193 with 69.6% of the Silver State's 1.6 million returns receiving a refund. Louisiana rounded out the top five with an average refund of $4,117 across nearly 2 million returns filed with a 73% refund rate, which Upgraded Points noted ranked as the third-highest refund rate among states. The county level data in the report showed even higher refunds in wealthy enclaves around the country. HOW TO FILE A TAX EXTENSION BEFORE THE APRIL 15 DEADLINE Wyoming's Teton County, which is home to the town of Jackson, had the largest average refund in the country of $15,156, out of the 15,210 federal returns filed with only 51.9% receiving a refund. Pitkin County, Colorado, which is where the town of Aspen is located, had an average refund of $8,756 based on 10,520 returns filed with a 52% refund rate. Utah's Summit County, which includes Park City, had an average refund of $8,481 with 55.8% of the nearly 25,000 returns filed receiving a refund. GET FOX BUSINESS ON THE GO BY CLICKING HERE Collier County, Florida, home to the city of Naples, had an average refund of $7,764 with 56.6% of the 214,600 filers receiving a refund.
Senator calls out Europe over postwar Hormuz plans: 'Thanks a lot allies'
Sen. Joni Ernst, R-Iowa discusses Europe reportedly draft postwar plans for the Strait of Hormuz and the audit of IRS employees on 'Varney & Co.'
Trump threatens to fire Powell, blasts Fed leadership as ‘incompetent’
President Donald Trump unloaded on Federal Reserve Chairman Jerome Powell on Wednesday, threatening to fire him over his alleged "incompetence" if he fails to leave his position. "I've held back firing him. I've wanted to fire him, but I hate to be controversial, you know?" the president told FOX Business' Maria Bartiromo in an exclusive interview. Trump nominated Kevin Warsh, a former governor of the Federal Reserve, to succeed Powell as chair when his term expires in May. The move came at a turbulent moment for the agency, amid the Justice Department's criminal probe into Powell. FROM MORTGAGES TO CAR LOANS: HOW AFFORDABILITY RISES AND FALLS WITH THE FED The investigation drew ire among some, including outgoing Republican North Carolina Sen. Thom Tillis, who pledged to "oppose the confirmation of any Federal Reserve nominee, including for the position of chairman, until the DOJ’s inquiry into Chairman Powell is fully and transparently resolved." Trump touched on that topic when asked whether he planned to advise U.S. Attorney for the District of Columbia Jeanine Pirro to end the probe. "[This is a] building that I would have done for $25 million that's going to cost maybe $4 billion," Trump said. "Don't you think we have to find out what happened there?" TRUMP VS THE FEDERAL RESERVE: HOW THE CLASH REACHED UNCHARTED TERRITORY He also touched on Tillis when asked if he believed Warsh will be confirmed. "We're going to have to find out [if he will be confirmed]. He might not, but that's why Thom Tillis is no longer a senator," he said, referring to Tillis' decision not to seek reelection in 2026. He proceeded to call Tillis a "good man" who he didn't believe would intentionally "hurt" Warsh's chances. GET FOX BUSINESS ON THE GO BY CLICKING HERE "He's on his way out… and I think he doesn't want the legacy of stopping a great person who could be great…. I know he said what he said, and maybe it's true, in which case I'll have to live with it…" Trump also criticized Powell over a range of other issues, including his handling of interest rates, reiterating his insistence that the rates should be lowered by now. Fox Business' Amanda Macias contributed to this report.
Trump threatens to fire Powell, blasts Fed leadership as ‘incompetent’
President Donald Trump unloaded on Federal Reserve Chairman Jerome Powell on Wednesday, threatening to fire him over his alleged "incompetence" if he fails to leave his position. "I've held back firing him. I've wanted to fire him, but I hate to be controversial, you know?" the president told FOX Business' Maria Bartiromo in an exclusive interview. Trump nominated Kevin Warsh, a former governor of the Federal Reserve, to succeed Powell as chair when his term expires in May. The move came at a turbulent moment for the agency, amid the Justice Department's criminal probe into Powell. FROM MORTGAGES TO CAR LOANS: HOW AFFORDABILITY RISES AND FALLS WITH THE FED The investigation drew ire among some, including outgoing Republican North Carolina Sen. Thom Tillis, who pledged to "oppose the confirmation of any Federal Reserve nominee, including for the position of chairman, until the DOJ’s inquiry into Chairman Powell is fully and transparently resolved." Trump touched on that topic when asked whether he planned to advise U.S. Attorney for the District of Columbia Jeanine Pirro to end the probe. "[This is a] building that I would have done for $25 million that's going to cost maybe $4 billion," Trump said. "Don't you think we have to find out what happened there?" TRUMP VS THE FEDERAL RESERVE: HOW THE CLASH REACHED UNCHARTED TERRITORY He also touched on Tillis when asked if he believed Warsh will be confirmed. "We're going to have to find out [if he will be confirmed]. He might not, but that's why Thom Tillis is no longer a senator," he said, referring to Tillis' decision not to seek reelection in 2026. He proceeded to call Tillis a "good man" who he didn't believe would intentionally "hurt" Warsh's chances. GET FOX BUSINESS ON THE GO BY CLICKING HERE "He's on his way out… and I think he doesn't want the legacy of stopping a great person who could be great…. I know he said what he said, and maybe it's true, in which case I'll have to live with it…" Trump also criticized Powell over a range of other issues, including his handling of interest rates, reiterating his insistence that the rates should be lowered by now. Fox Business' Amanda Macias contributed to this report.
GOP senator sues to block takeover of family's historic resort amid $289M debt dispute
Sen. Jim Justice, R-W.Va., and his family are suing to block what they describe as an attempt to take control of their historic Greenbrier resort after a hotel-affiliated investor acquired hundreds of millions of dollars in their debt. In a complaint filed in Greenbrier County Circuit Court, Justice, his family and their business entities accuse an affiliate of Omni Hotels & Resorts and several financial players of orchestrating a takeover of the iconic property through what they call "deceptive" tactics. The dispute centers on roughly $289 million in loans tied to Justice family businesses, which were sold by Carter Bank to White Sulphur Springs Holdings, an entity backed by Omni’s parent company, TRT Holdings. That entity has separately filed a federal receivership lawsuit, seeking to place the Greenbrier and related businesses under court-controlled management — a move that could ultimately end the family's operational control. RED & BLUE DIVIDE: STATES PUSH COMPETING TAX PLANS AS VOTERS WEIGH CHANGES IN ELECTION CYCLE According to the complaint, the Justices say they were actively working to pay off the debt and had secured potential financing. They claim TRT executives initially expressed interest in a cooperative deal, including a proposal to forgive $200 million in debt in exchange for a 50% ownership stake and management control of the resort. DELAWARE JUDGE REASSIGNS MUSK CASES FOLLOWING ALLEGATIONS OF BIAS OVER LINKEDIN-EMOJI CLAIMS Justice allegedly agreed to the framework, but the family claims TRT reversed course the next day. Soon after, the Justices say they were issued a notice of default, which they argue was designed to block their ability to pay off the loans at an agreed price of about $341 million, according to the complaint. The family is now asking the court to halt any foreclosure or asset seizure and to allow them to repay the debt under what they describe as fair terms. The complaint also accuses Carter Bank and TRT of acting in bad faith during negotiations, including raising payoff demands and imposing tight deadlines that the family claims undermined refinancing efforts. In addition, the Justices allege TRT improperly obtained confidential financial and operational information about the Greenbrier during earlier deal discussions and later used that information to position itself to acquire the debt and pursue control of the resort. However, the Omni-backed entity presents a sharply different account. In the federal receivership filing, White Sulphur Springs Holdings alleges "waste, fraud and abuse" within the Justice business empire, claiming resort revenues were diverted to other ventures, taxes went unpaid, and certain employee-related obligations were not fully met. The filing also points to a series of financial and legal pressures facing the family’s businesses, including tax disputes, loan defaults and other litigation, according to court filings and records cited by the Charleston Gazette-Mail. The Greenbrier, a historic luxury resort long tied to the Justice family, has faced financial strain in recent years, including prior foreclosure threats that were ultimately avoided, according to the Gazette-Mail. The dueling legal actions now set up a high-stakes legal battle over control of one of West Virginia’s most prominent properties, with both sides accusing the other of acting in bad faith as the future of the resort hangs in the balance. CLICK HERE TO GET FOX BUSINESS ON THE GO FOX Business reached out to the Justice family, Omni Hotels & Resorts, and Carter Bank for comment.
Pentagon weighs sending 10K additional troops to Mid-East, seeks $200B in supplemental funding
Sen. Pete Ricketts, R-Neb., discusses Operation Epic Fury and the devastation from Nebraska wildfires on ‘Maria Bartiromo’s Wall Street.’