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GOP House Oversight Committee Chairman James Comer said he plans to commence contempt of Congress proceedings against Bill and Hillary Clinton for ignoring the committee’s subpoenas related to its ongoing probe into the Jeffrey Epstein scandal. 

In July, a bipartisan House Oversight Subcommittee approved motions to subpoena Bill and Hillary Clinton and a slew of other high-profile political figures to aid its investigation looking into how the federal government handled Epstein’s sex trafficking case. 

The subpoenas were then sent out in early August, and the Clinton’s were scheduled to testify Dec. 17-18. 

‘It has been more than four months since Bill and Hillary Clinton were subpoenaed to sit for depositions related to our investigation into Jeffrey Epstein and Ghislaine Maxwell’s horrific crimes. Throughout that time, the former president and former secretary of state have delayed, obstructed, and largely ignored the committee staff’s efforts to schedule their testimony,’ Comer said in a press release issued Friday evening.

‘If the Clintons fail to appear for their depositions next week or schedule a date for early January, the Oversight Committee will begin contempt of Congress proceedings to hold them accountable.’

Comer’s threats come as Democrats from the House Oversight Committee released a new batch of photos obtained from Epstein’s estate, which included further images of the disgraced financier with powerful figures like President Donald Trump and former President Bill Clinton. Thousands of images were reportedly released, with potentially more to come.

Other high-profile figures subpoenaed by the Oversight Committee include James Comey, Loretta Lynch, Eric Holder, Merrick Garland, Robert Mueller, William Barr, Jeff Sessions and Alberto Gonzales.

In addition to testimony from these individuals, Comer and the Oversight Committee issued subpoenas to the Department of Justice (DOJ) for all documents and communications pertaining to the case against Epstein.

In September, the committee released tens of thousands of pages of Epstein-related records in compliance with the subpoena, and the Oversight Committee indicated the DOJ would continue producing even more records as it works through needed redactions and other measures that must occur before they are released.


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We also break down next week’s catalysts to watch to help you prepare for the week ahead.

In this article:

    This week’s tech sector performance

    Markets opened the week subdued with investors eyeing the US Federal Reserve’s rate decision, leading to modest gains in the tech-heavy Nasdaq Composite (INDEXNASDAQ:.IXIC) and the S&P 500 (INDEXSP:.INX).

    Reports of US President Donald Trump’s approval for NVIDIA (NASDAQ:NVDA) H200 chip sales to China boosted chip stocks and sustained AI enthusiasm. Tuesday’s (December 9) JOLTS report delivered data suggesting a cooling labour market amid tariff uncertainty but offering limited new clarity ahead of the Federal Reserve’s two-day meeting.

    Markets rallied sharply on Wednesday (December 10) after the meeting resulted in a 25 basis point rate cut to 3.5 to 3.75 percent; however, Nasdaq gains were tempered, hinting at continued caution around AI capex sustainability ahead of earnings from Oracle and Broadcom.

    Rate-sensitive areas like financials and industrials led the rally, pushing the Dow Jones Industrial Average (INDEXDJX:.DJI) ahead of the Nasdaq, which closed slightly down. This highlighted a shift from tech dominance to a more diversified market. The S&P ended up 0.21 percent at a record 6,901.

    Markets interpreted Fed Chair Jerome Powell’s measured tone during his post-meeting press conference — hawkish on cuts but dovish on recession — as reinforcing a gradual easing despite tariff caution.

    Gains moderated toward the end of the week as Oracle (NYSE:ORCL) and Broadcom (NASDAQ:AVGO) reported earnings that garnered a mixed reaction from investors and analysts.

    Tech stocks have whipsawed in recent weeks, rallying on Fed rate cut bets and trade negotiation optimism before sharp pullbacks triggered by AI bubble fears and overvaluation concerns.

    3 tech stocks moving markets this week

    1. NVIDIA (NASDAQ:NVDA)

    Nvidia’s shares initially surged on Tuesday (December 9) on reports that President Trump would permit H200 exports to pre-approved Chinese clients, subject to a 25 percent US federal surcharge.

    However, these early gains diminished as further reports emerged that Beijing is reviewing its domestic chip prioritization strategy.

    Meanwhile, companies like ByteDance and Alibaba (NYSE:BABA) are reportedly seeking large orders, pending approval. On Friday, Reuters reported that Nvidia is considering increasing H200 chip output due to robust Chinese demand. Its share price was US$175.02 at Friday’s close, a modest decrease of 4.35.

    2. Oracle (NYSE:ORCL)

    Oracle shares dropped over 7 percent after hours on Wednesday after the company’s Q2 earnings missed revenue forecasts, coming at US$16.1 billion compared to expectations of US$16.2 billion.

    The report showed cloud sales rose 34 percent, while infrastructure revenue increased by 68 percent. Both figures were below analyst expectations of 35 and 71 percent, respectively.

    Oracle shares plunged further after executives disclosed on a conference call that this fiscal year’s capital expenditure would reach around US$50 billion, higher than prior guidance, including around US$12 billion spent this quarter on data centers.

    On a more positive note, some analysts viewed capex as a strategic investment, citing AI’s growth potential and pointing to Oracle’s US$523 billion backlog of deals with companies like Meta Platforms (NASDAQ:META) and Nvidia.

    Oracle shares closed more than 16 percent lower this week at a price of US$189.97 on Friday afternoon.

    3. Broadcom (NASDAQ:AVGO)

    Conversely, Broadcom shares rose post-market on Thursday after reporting its Q4 2025 earnings results, which revealed a 74 percent increase in AI chip revenue, with custom XPUs now comprising 65 percent of its semiconductor business.

    Total revenue reached US$18.02 billion year-over-year, exceeding expectations of US$17.46 billion.

    Looking ahead, the company projects semiconductor revenue to double to US$8.2 billion in the next fiscal year. Q1 2026 guidance calls for US$19.1 billion total revenue.

    During the earnings call, Broadcom CEO Hock Tan named Anthropic as the newly qualified fourth hyperscale, confirming its US$11 billion additional order for custom XPUs and AI racks. Shipments are expected to ramp up in late FY26.

    After an initial rise, stocks fell during the call after the company guided low quarterly growth for its non-AI chips and a tax rate increase to 16.5 percent due to normalized post-acquisition tax benefits expiring.

    Still, JPMorgan (NYSE:JPM) analyst Vivek Arya reset his price target on Broadcom stock from US$460 to US$500 on Friday (December 12).

    Despite the positive sentiment, Broadcom shares saw a decline of 11.79 to US$359.93 from the start of the week due to Friday’s sell-off.

    Broadcom, Nvidia and Oracle’s performance, December 8 to 12, 2025.

    Chart via Google Finance.

    Top tech news of the week

        Tech ETF performance

        Tech exchange-traded funds (ETFs) track baskets of major tech stocks, meaning their performance helps investors gauge the overall performance of the niches they cover.

        This week, the iShares Semiconductor ETF (NASDAQ:SOXX) declined by 3.88 percent, while the Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) saw a gain of 1.31 percent.

        The VanEck Semiconductor ETF (NASDAQ:SMH) also decreased by 3.71 percent.

        Tech news to watch next week

        Speeches from Fed Governors Stephen Miran and Christopher J. Waller on Monday (December 15) and Wednesday (December 17) next week may further clarify the Fed’s dot plot.

        Bank of Canada Governor Tiff Macklem will also speak in Montreal on Tuesday (December 16), while key jobs, manufacturing and retail sales data in the US throughout the week could shift rate cut bets, pressuring growth stocks.

        Earnings from Micron Technology (NASDAQ:MU) and BlackBerry (TSX:BB) will be released on Wednesday and Thursday (December 18), respectively.

        Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

        This post appeared first on investingnews.com

        The Bank of Canada Governing Council met on Wednesday (December 10) for the final rate-setting meeting of 2025 and decided to hold its benchmark rate at 2.25 percent. Analysts had widely expected the central bank to maintain the rate and anticipate it remaining unchanged through the start of 2026.

        The decision came after Statistics Canada’s jobs report, released December 5, showed that Canada’s labor force remained resilient through November, with 54,000 new jobs and the unemployment rate dropping 0.4 percentage points to 6.5 percent.

        Additionally, the BoC noted that Canada’s gross domestic product (GDP) grew 2.6 percent during the third quarter despite domestic demand remaining flat. Looking ahead, it expects fourth-quarter GDP to be weak as exports decline, but anticipates growth to pick up in 2026.

        The council suggested that the 2.25 percent rate was the right level to keep inflation near 2 percent while providing enough support for the economy amid uncertainty from US trade policy.

        South of the Border, the US Federal Reserve also held its final rate-setting meeting of the year on Tuesday (December 9) and Wednesday. It chose to go in a different direction, lowering its benchmark rate by 25 basis points to the 3.5 to 3.75 percent range.

        However, in his statements, Fed Chairman Jerome Powell hinted that the committee may pause some future rate cuts as it takes time to parse data and analyze the effects of the three rate cuts on the US economy.

        Powell also stated that there was concern that the Bureau of Labor Statistics may be significantly overestimating the number of jobs created within the US economy by about 60,000 jobs per month, meaning it could actually be losing an average of 20,000 per month.

        Due to the government shutdown, the BLS didn’t release September’s jobs report until November 20, which showed growth of 119,000 employees. The agency also noted that it wouldn’t be releasing October’s numbers and would roll them into November’s report, which was delayed until December 16.

        A report from human resources firm ADP showed that private employment in November declined by 32,000 jobs, noting that employers have been cautious amid economic uncertainty and cautious consumers.

        For more on what’s moving markets this week, check out our top market news round-up.

        Markets and commodities react

        Canadian equity markets saw mixed gains this week.

        The S&P/TSX Composite Index (INDEXTSI:OSPTX) was little changed, gaining just 0.1 percent over the week to close Friday at 31,527.39 and the S&P/TSX Venture Composite Index (INDEXTSI:JX) was also flat rising 0.17 percent to 954.61.

        On the other hand, the CSE Composite Index (CSE:CSECOMP) spiked 15.63 percent to close at 180.36 alongside a surge in cannabis stocks on Friday after it was reported that the White House was planning to reschedule cannabis this coming Monday (December 15).

        The gold price reacted positively to the Fed’s rate cut gaining 2.44 percent on the week with the biggest gains coming at the end of the week, to reach US$4,299.86 per ounce on Friday at 4 p.m. EST.

        Meanwhile, the silver price continued soaring with a substantial weekly gain of 6.12 percent, setting a new all time high of US$64.65 per ounce in morning trading on Friday before slipping to end the day at US$61.95.

        In base metals, the COMEX copper price ended the week down 1.46 percent at US$5.37 per pound.

        The S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) fell 2.63 percent to end Friday at 545.47.

        Top Canadian mining stocks this week

        How did mining stocks perform against this backdrop?

        Take a look at this week’s five best-performing Canadian mining stocks below.

        Stocks data for this article was retrieved at 4:00 p.m. EST on Friday using TradingView’s stock screener. Only companies trading on the TSX, TSXV and CSE with market caps greater than C$10 million are included. Mineral companies within the non-energy minerals, energy minerals, process industry and producer manufacturing sectors were considered.

        1. Sirios Resources (TSXV:SOI)

        Weekly gain: 120 percent
        Market cap: C$48.26 million
        Share price: C$0.165

        Sirios Resources is a gold exploration company advancing a portfolio of projects in the Eeyou Istchee James Bay region of Québec, Canada.

        The company’s Aquilon property covers 7,100 hectares and hosts over 30 gold showings. It’s the subject of a December 2022 earn-in agreement that could see Sumitomo Metal and Mining earn up to an 80 percent interest through exploration commitments and cash payments totaling C$14.8 million.

        On December 4, Sirios released assay results from a 13 hole, 5,420 meter drill program carried out at Aquilon during the summer targeting an underexplored area west of historic showings. Highlights from the program included one hole with 2.55 grams per metric ton (g/t) of gold over 4.8 meters, which included an interval of 10.3 g/t over 1 meter.

        Sumitomo funded the program and pushes its exploration investments beyond the C$4.8 million commitment needed to earn a 51 percent stake in the project.

        Sirios also owns the 15,700 hectare Cheechoo project, which hosts the namesake deposit. A mineral resource estimate included in an August 2025 technical report demonstrated a total indicated resource of 1.26 million ounces of gold with an average grade of 1.12 g/t from 34.99 metric tons of ore, with an additional inferred resource of 1.67 million ounces with an average grade of 1.23 g/t from 42.72 million metric tons.

        On Thursday (December 11), Sirios announced it entered into an arrangement to acquire private company OVI Mining, which was recently spun-out of Electric Elements Mining, a subsidiary of Osisko Development (TSXV:ODV) and O3 Mining.

        The two will merge to create a Québec-focused gold company with a district-scale land package centred on the Cheechoo deposit and supported by OVI’s Corvet Est and PLEX projects.

        Jean-Felix Lepage, former Vice President of Project Development at O3 Mining, will become the CEO of the combined company. The deal is also backed by Osisko, whose CEO Sean Roosen and Vice President of Strategic Development Laurence Farmer will join the board upon the closing of the deal.

        Sirios Founder and CEO Dominique Doucet said, “By integrating their experience as industry leaders in corporate finance and mine development with our deep knowledge of geology and exploration, we will work diligently towards advancing our flagship Cheechoo deposit into gold production.”

        2. Eco (Atlantic) Oil & Gas (TSXV:EOG,OTC Pink:ECAOF)

        Weekly gain: 78.38 percent
        Market cap: C$99.3 million
        Share price: C$0.33

        Eco Atlantic is an oil and gas exploration company focused on a portfolio of offshore assets in the Atlantic Ocean.

        Its holdings include a 100 percent interest in the Orinduik block and a 1.3 percent interest in ExxonMobil’s Canje Block off the coast of Guyana; an 85 percent working interest in PEL 97, 99 and 100 in the Wavis basin off the coast of Namibia; and, off the coast of South Africa, a 75 percent working interest in Block 1 and a 5.25 percent interest in Block 3B/4B.

        The most recent news from Eco came on December 4, when it entered into a farm-in agreement with Navitas Petroleum.

        Under the terms of the deal, Navita will pay US$2 million up front for the exclusive options to earn an 80 percent interest in the Orinduik block for an additional US$2.5 million payment, and a 47.5 percent interest in Block 1 in South Africa for an additional US$4 million. If Navita exercises the agreements, it will become the operator of the assets as well.

        3. Karnalyte Resources (TSX:KRN)

        Weekly gain: 65.63 percent
        Market cap: C$11.72 million
        Share price: C$0.265

        Karnalyte Resources is an exploration and development company advancing its Wynyard potash project in Central Saskatchewan, Canada.

        The property consists of three primary mineral leases covering 367 square kilometers east of Saskatoon.

        Shares in Karnalyte have been climbing since it released an updated feasibility study for the project on November 26. The study demonstrated economic viability, according to Karnalyte, with an after-tax net present value of C$2.04 billion, an internal rate of return of 12.5 percent, a payback period of 8.8 years, and a mine life of 70 years.

        The company also stated that development would benefit from a secured offtake agreement under which India-based GFSC would purchase 350,000 metric tons per year during Phase 1, with additional commitments for 250,000 metric tons per year after Phase 2 is complete.

        4. PJX Resources (TSXV:PJX)

        Weekly gain: 82.35 percent
        Market cap: C$26.17 million
        Share price: C$0.155

        PJX Resources is an exploration company focused on gold, silver and base metal properties in British Columbia, Canada.

        The company has largely been exploring claims around Cranbrook, in the southeast portion of the province. PJX has been focused on the Cranbrook area due to the co-existence of a significant base metals deposit with untapped gold potential.

        The region is home to the historic Sullivan mine, which produced most of the region’s production of over 285 million ounces of silver, 8.5 million metric tons of lead and 8 million metric tons of zinc.

        Additionally, the company states that the region may be responsible for more than 1.5 million ounces of historic placer gold production, but significant gold deposits have not yet been discovered.

        In total, the company has amassed a land claim of over 50,000 hectares in the region, centered around these historic claim sites.

        On Thursday, PJX announced that it had discovered a large sedimentary exhalative mineralized system at its Dewdney Trail property. The company said that recent drilling intersected 63 meters of anomalous mineralization in the Quake zone, including zinc, lead, silver and other critical metals, and that it bears similarities to bands of mineralization from the Sullivan mine.

        Additionally, the company said that exploration discovered boulders 800 meters south along strike from the drilling area with assays of 546 g/t silver, 32.3 percent lead, and 4.89 percent zinc.

        5. Triumph Gold (TSXV:TIG)

        Weekly gain: 64.56 percent
        Market cap: C$30.63 million
        Share price: C$0.65

        Triumph Gold is an explorer and developer advancing projects in the Yukon and BC, Canada, and Utah, United States.

        Its three properties in the Yukon are all within the Dawson Range and consist of its flagship Freegold Mountain project, which has 20 identified mineral resources hosting gold, silver, copper, molybdenum, lead and zinc deposits; the Tad/Toro copper, gold and molybdenum project; and the Big Creek copper and gold project.

        Triumph’s property in Northern BC is called Andalusite Peak, and on June 4, the company announced the acquisition of the Coyote Knoll silver-gold property in Utah.

        On May 9, the company announced it had refined its exploration focus on geochemical surveys and detailed geological mapping at the Andalusite Peak project, and defined new targets at Freegold Mountain.

        Triumph’s most recent update came on November 27, when it closed a non-brokered private placement for gross proceeds of C$1.94 million.

        FAQs for Canadian mining stocks

        What is the difference between the TSX and TSXV?

        The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange.

        How many mining companies are listed on the TSX and TSXV?

        As of May 2025, there were 1,565 companies listed on the TSXV, 910 of which were mining companies. Comparatively, the TSX was home to 1,899 companies, with 181 of those being mining companies.

        Together, the TSX and TSXV host around 40 percent of the world’s public mining companies.

        How much does it cost to list on the TSXV?

        There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. The listing fee alone will most likely cost between C$10,000 to C$70,000. Accounting and auditing fees could rack up between C$25,000 and C$100,000, while legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.

        The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.

        These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.

        How do you trade on the TSXV?

        Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange’s trading hours.

        Article by Dean Belder; FAQs by Lauren Kelly.

        Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

        Securities Disclosure: I, Lauren Kelly, hold no direct investment interest in any company mentioned in this article.

        This post appeared first on investingnews.com

        Contango ORE (NYSEAMERICAN:CTGO) and Dolly Varden Silver (TSXV:DV) have agreed to merge in an all-stock deal that would create a new mid-tier North American precious metals company.

        The transaction will unite their producing and high-grade development assets in Alaska and BC.

        Shareholders of each firm will own roughly 50 percent of the new entity, which is expected to be renamed Contango Silver & Gold and listed on the NYSE American. A separate listing application is planned for the TSX.

        The combined company, informally referred to as “MergeCo,” will be anchored by the cash-flowing Manh Choh gold mine in Alaska and a slate of high-grade silver and gold projects in the Golden Triangle and south-central Alaska.

        Clynt Nauman will lead the board as its chair, while Rick Van Nieuwenhuyse will serve as CEO. Shawn Khunkhun will be president, and Mike Clark will be executive vice president and CFO.

        Van Nieuwenhuyse said the combination is designed to take advantage of an unusually strong pricing environment for precious metals. “This merger is an exciting transaction for both Contango and Dolly Varden shareholders given the complementary and synergistic nature of our North American asset portfolios,” he commented.

        Van Nieuwenhuyse also highlighted that Manh Choh’s cashflow provides “a source of non-dilutive funding to advance development” of Lucky Shot, Johnson Tract and Kitsault Valley.

        For his part, Khunkhun added that the combined platform would be Canada and US-centric and will position the company for aggressive exploration and potential acquisitions.

        For the new company, higher silver prices enhance the attractiveness of the Kitsault Valley project in British Columbia, where Dolly Varden recently completed more than 56,000 meters of drilling.

        Early results included 1,422 grams per metric ton silver over 21.7 meters at the Wolf vein and high-grade gold intercepts at Homestake Silver. Historic production from the district exceeds 20 million ounces.

        In Alaska, Contango brings three advanced projects. Manh Choh, operated by Kinross Gold (TSX:K,NYSE:KGC), produced 173,400 ounces of gold in the first nine months of 2025, generating US$87 million in distributions to Contango.

        The Lucky Shot project, permitted and undergoing a major drill program, is targeting a multi-hundred-thousand-ounce resource.

        Johnson Tract, a gold-silver-zinc project recently accepted for FAST-41 federal permitting, carries an initial assessment outlining a US$615 million net present value at US$4,000 per ounce gold.

        The timing is notable as silver has climbed to its highest price on record. The metal broke its previous all-time high in October and repeatedly tested resistance through the fall before decisively surpassing US$54 on November 28. Silver later surged again following the US Federal Reserve’s December rate cut, with its latest record of US$64.31 set on December 11.

        Analysts attribute the rally partially to shifting macro conditions, including renewed expectations of quantitative easing after the Fed signaled it would begin buying short-term Treasuries.

        Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

        This post appeared first on investingnews.com

        A top Senate Republican argued that if allegations against ‘Squad’ member Rep. Ilhan Omar, D-Minn., that she married her brother to enter the U.S. were true, she’d be breaking several laws.

        Sen. Ted Cruz, R-Texas, joined the long-standing scrutiny against Omar Friday after President Donald Trump revived the allegations during a rally pushing his affordability agenda in Pennsylvania earlier this week.

        In a post on X responding to a White House social media account that charged, ‘Yes, [Omar] married her brother,’ Cruz listed a trio of federal and state laws the progressive lawmaker may have violated.

        ‘If this is true, then Omar faces criminal liability under three different statutes,’ Cruz said.

        Cruz argued that Omar could have committed federal marriage fraud, which stipulates that it is a felony to knowingly enter into a marriage to evade immigration laws, and could lead to up to five years in prison, a $250,000 fine and deportation.

        Omar was born in Somalia and came to the U.S. in 1995 after her family was granted asylum. She became a citizen in 2000. Omar, who is Muslim, has been married legally three times, first in a religious marriage to Ahmed Abdisalan Hirsi in 2002, then to Ahmed Nur Said Elmi in 2009 before later divorcing and legally marrying Hirsi. In 2020, she married political aide Tim Mynett. 

        Cruz noted that Omar could also be breaking Minnesota’s state incest law, a felony in the state punishable by jail time up to 10 years. He also contended that she could be liable for tax fraud, specifically if joint tax returns were filed while she was not legally married.

        That violation would levy up to a $100,000 fine and up to three years in prison.

        The Senate Republican’s legal analysis of the situation comes after Trump resurrected the unsubstantiated claims that Omar had married her brother for immigration purposes that have dogged the lawmaker since she entered politics nearly a decade ago. She has denied the allegations.

        Still, Trump charged, ‘She married her brother to get in, right?’

        ‘If I married my sister to get my citizenship, do you think I’d last for about two hours or something less than that? She married her brother to get in,’ he said. ‘Therefore, she’s here illegally. She should get the hell out.’

        Fox News Digital did not immediately hear back for comment from Omar’s office.


        This post appeared first on FOX NEWS

        House Republicans have released a 111-page plan for reforming healthcare that they hope to vote on next week.

        House GOP leadership aides also told reporters on Friday afternoon that they expected a vote on extending enhanced Obamacare subsidies to also happen next week as part of the amendment process to the final bill, called the ‘Lower Health Care Premiums for All Americans Act.’ The subsidies have been the subject of fierce inter-party debate for Republicans.

        ‘We expect that there will be an amendment that I believe is being worked on, so the process will allow for that amendment,’ aides said.

        The plan as-is includes provisions to codify association health plans, which allow small businesses and people who are self-employed to band together to purchase healthcare coverage plans, giving them access to greater bargaining power.

        Republicans also plan to appropriate funding for cost-sharing reductions beginning in 2027, which are designed to lower out-of-pocket medical costs in the individual healthcare market. House GOP leadership aides said it would bring down the cost of premiums by 12%.

        New transparency requirements for pharmacy benefit managers (PBMs) are also in the legislation, aimed at forcing PBMs to be more upfront about costs to employers.

        PBMs are third parties that act as intermediaries between pharmaceutical companies and those responsible for insurance coverage, often responsible for administrative tasks and negotiating drug prices.

        PBMs have also been the subject of bipartisan ire in Congress, with both Republicans and Democrats accusing them of being part of a broken system to inflate health costs.

        But the most divisive measure for Republicans is likely not yet fleshed out. 

        A majority of House Republicans are against extending the enhanced Obamacare subsidies, which were designed to get affordable health insurance for more Americans during the COVID-19 pandemic.

        Democrats voted to pass the enhanced subsidies in 2021 and extended them through 2022 when they controlled Congress.

        A group of moderate House Republicans has joined Democrats now in vehemently pushing for those subsidies to be extended again, as millions of Americans face near-certain healthcare price hikes beginning in January.

        Two separate bipartisan efforts have been launched to force a vote on extending the subsidies in some form. But any such push would require support from virtually all House Democrats to succeed, and their leaders have not given their blessing to either plan.

        ‘We’re going to evaluate every single good faith proposal. But it has to meaningfully provide certainty to the American people who are at risk of having their health care ripped away from them,’ House Minority Leader Hakeem Jeffries, D-N.Y., told reporters on Friday.

        But conservatives have warned they would not support any such extension unless paired with significant reforms to what they view as a long-broken system that fuels healthcare price inflation.

        ‘I think that would be a disastrous plan. I mean, we’ve clearly seen that Obamacare is the Titanic. It’s going down. I think throwing money after it is just going to be wasteful,’ House Freedom Caucus member Rep. Eric Burlison, R-Mo., told Fox News’ Chad Pergram on Friday.


        This post appeared first on FOX NEWS

        President Donald Trump is being sued by a historic preservation group seeking to stop construction of his new White House ballroom.

        The National Trust for Historic Preservation filed a lawsuit Friday against the Trump administration, arguing that it skipped mandatory reviews and failed to seek congressional approval before demolishing the East Wing of the White House.

        ‘No president is legally allowed to tear down portions of the White House without any review whatsoever — not President Trump, not President Biden, and not anyone else,’ the lawsuit stated. ‘And no president is legally allowed to construct a ballroom on public property without giving the public the opportunity to weigh in.’

        Attorneys for the nonprofit argued Trump’s project ‘should be immediately halted’ and work on the 90,000-square-foot ballroom project should be paused until the reviews are completed.

        When reached for comment, White House spokesperson Davis Ingle told Fox News Digital, ‘President Trump has full legal authority to modernize, renovate and beautify the White House – just like all of his predecessors did.’ 

        Construction on the ballroom started in October, leading to the demolition of the White House’s historic East Wing. The project is being privately funded at an estimated cost of $300 million, up from a $200 million estimate in July when the project was unveiled.

        The lawsuit claims the Trump administration failed to submit its demolition plans to the National Capital Planning Commission, the Commission of Fine Arts and Congress before construction began, arguing it is ‘depriving the public of its right to be informed.’

        Additionally, the National Trust said the project violates numerous federal statutes, including the Administrative Procedure Act and the National Environmental Policy Act, and claimed Trump circumvented the Constitution. 

        ‘The President, acting unilaterally, is wholly without constitutional authority to build or demolish anything on federal Grounds,’ the lawsuit stated.

        The National Trust is requesting that a federal judge prevent the Trump administration from continuing work on the Ballroom project until the necessary federal commissions have reviewed and approved the project’s plans, an adequate environmental review has been conducted and Congress has authorized the ballroom’s construction.

        The White House is expected to submit plans for Trump’s new ballroom to a federal planning commission before the end of the year.

        The Associated Press contributed to this report.


        This post appeared first on FOX NEWS

        United States Ambassador to the United Nations Michael Waltz recently returned from a Middle East swing, touting the ‘amazing progress’ in the implementation of President Donald Trump’s Israel–Gaza peace deal, and telling Fox News Digital that the situation abroad is ‘night and day to where we were a year ago.’

        Fox News Digital spoke exclusively with Waltz Thursday evening, just hours after he returned to the United States from the Middle East.

        Waltz traveled from the Lebanese border to the Syrian border, the Egyptian border, Jordan to Israel and beyond.

        ‘The purpose of the trip was to get on the ground and see the implementation,’ Waltz said. ‘We met with the Jordanians, the king, the prime minister and president of Israel — we met with our troops.’ 

        Waltz explained that there is a ‘small contingent’ of approximately 100 U.S. troops in Israel — not in Gaza — to help to pull together humanitarian aid and military coordination.

        ‘We have had air defense assets in Israel for quite some time to deal with attacks from Iran,’ Waltz said. ‘This is now a small headquarters element to provide a coordination — no one was talking to each other, and the U.S. military is doing what it does best.’

        Waltz said the U.S. troops in Israel are working with the United Nations, non-governmental organizations, the Israelis, Egyptians and Arab countries, while having contact with Palestinians and ensuring that humanitarian aid is being delivered.

        ‘From an ‘America First’ standpoint, the United States shouldn’t be doing this alone,’ Waltz said. ‘Burden-sharing is a key component and dozens are helping under President Trump’s leadership.’

        Waltz led the charge at the United Nations, implementing the now-adopted resolution that endorses the Board of Peace, sets parameters for Gaza’s transitional governance and launches the International Stabilization Force outlined in Trump’s 20-point Gaza peace plan.

        Trump’s plan to end the Gaza conflict calls for Gaza to be a de-radicalized, terror-free zone that does not pose a threat to its neighbors. It also calls for Gaza to be redeveloped for the benefit of the people of Gaza and more.

        Under the peace plan, Israeli forces would withdraw from the region, and a temporary transitional governance of a technocratic, apolitical Palestinian committee, responsible for delivering the day-to-day running of public services and municipalities for the people of Gaza will be created.

        That government will be under the oversight of a new international transitional body called the Board of Peace, chaired by Trump and other members and heads of state.

        The resolution makes the plan international law.

        ‘At the end of the day, Hamas has to go,’ Walz explained. ‘What we cannot let happen is Hamas survives, and the international community pours billions of dollars into the situation — Hamas attacks Israel again, as they previously pledged to do, and Israel responds, and we are in the same situation — we cannot let that happen again. That’s why we are doing things differently this time.’

        Waltz pointed to the Board of Peace led by Trump, as well as the newly formed stabilization force, with troops from countries like Indonesia and Azerbaijan — as well as the technocratic committee responsible for turning government services back on.

        ‘This has never been done before,’ Waltz said. ‘My job was to get the United Nations and the international community to bless that, and we did.’ 

        ‘The bottom line is this: this was not a big symbolic thing or deal for the president,’ Waltz continued. ‘He is serious about bringing Middle East peace once and for all.’ 

        Waltz explained that the ‘next strategic step will be an extension of the Abraham Accords,’ which he described as the president’s ‘true objective.’

        Waltz explained that the implementation of the peace deal ‘unlocks the next round of the Abraham Accords.’

        ‘There are a number of great conversations ongoing,’ he said.

        ‘We have to remember where we were a year ago, and see everything in perspective,’ he explained. ‘You had Iran marching towards a nuke; Hezbollah launching rockets on Israel; hostages in tunnels, and now you have hostages out; Lebanon has the best chance in a generation; and Iran had its nuclear capabilities obliterated in Operation Midnight Hammer—all in ten months.’

        Waltz added: ‘It is truly incredible. It is night and day to where we were a year ago.’


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        Partisan fights played out publicly in high-profile votes in the Senate this week, but lawmakers are quietly finding common ground in their support of a push to have the unedited footage of Caribbean boat strikes released.

        Tucked into the annual National Defense Authorization Act (NDAA) is a provision that would require the Pentagon to release the full, unedited footage of boat strikes carried out in the Caribbean in exchange for Secretary of War Pete Hegseth’s travel budget to be fully funded.

        The Trump administration has come under scrutiny on Capitol Hill for repeated strikes on alleged drug boats from Venezuela over the last several months, which came to a head last week in the wake of the deadly Sept. 2 double-strike on an alleged drug boat in the Caribbean Sea.

        ‘I think we need to see all of the video footage, particularly of the second strike from Sept. 2,’ Sen. Rand Paul, R-Ky., told Fox News Digital.

        Lawmakers in the upper chamber don’t know who slipped the provision into the colossal legislative package, including Senate Armed Services Committee Chair Roger Wicker, R-Miss., who told reporters, ‘I would imagine that it got added at the leadership level.’

        The massive legislative package sailed through the House on Thursday and is set for a series of procedural tests in the Senate beginning on Monday. And many lawmakers broadly support the release of the footage, particularly of the double-tap strike, to Congress.

        Sen. Mike Rounds, R-S.D., who is a member of the Senate Armed Services Committee, told Fox News Digital that his committee, and ‘maybe the [Senate] Intel Committee,’ should have complete access to the unedited footage.

        ‘And then, based upon that, we can decide whether or not we would push further,’ Rounds said. ‘But let us look at the facts first.’

        Sen. Tim Kaine, D-Va., who also sits on the Armed Services Committee, told Fox News Digital that he fully supported the provision and noted that Hegseth and the Pentagon had already released partial footage, treating it like ‘almost a commercial.’

        ‘So you released part of the video, and you’re banging your chest about it,’ Kaine said. ‘You should release the whole thing.’

        Sen. Angus King, I-Maine, agreed and told Fox News Digital that it shouldn’t be a roadblock to passage of the broader defense package, either.

        ‘There’s no excuse for not releasing it. It shouldn’t. If somebody is not releasing something, it usually tells me that they don’t want it to see the light of day,’ he said. ‘I just want the video of the rest of the strike. That’s not me. It’s the American people who need to see this. They need to know what’s being done in their name.’

        During the week, the so-called ‘Gang of Eight,’ which includes Republican and Democratic leadership from the Senate and House along with the chairs and ranking members of the intelligence committees in both chambers, met with Hegseth and Secretary of State Marco Rubio for a briefing on the strikes.

        Neither Thune nor Senate Intel Committee Chair Tom Cotton, R-Ark., commented on the briefing, but Senate Minority Leader Chuck Schumer, D-N.Y., characterized it as ‘very unsatisfying.’

        ‘I asked Secretary Hegseth, Secretary of Defense Hegseth, would he let every member of Congress see unedited videos of the Sept. 2 strike? His answer, ‘We have to study it well,’’ Schumer said. ‘In my view, they’ve studied it long enough. Congress ought to be able to see it.’

        Some Republicans support more transparency on the matter, too, including Sen. Steve Daines, R-Mont., who told Fox News Digital that he didn’t ‘have any problem’ releasing the footage.

        But he emphasized that the entire point of the strikes was to combat the flow of drugs into the country.

        ‘We’re losing sight of the most important narrative, and that is, more Americans have died of illegal drugs in the last seven years than World War I, World War II and Vietnam combined,’ Daines said.


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        The White House accused Democrats from the House Committee on Oversight and Government Reform of spreading a ‘cherry-picked’ and ‘false narrative’ Friday after they released another batch of photos from Jeffrey Epstein’s estate, this time featuring prominent figures including Donald Trump, Bill Clinton and Woody Allen.

        The release comes about a week after the same group said it ‘received never-before-seen photos and videos of Jeffrey Epstein’s private island that are a harrowing look behind Epstein’s closed doors.’

        ‘Oversight Dems received 95,000 new photos from Jeffrey Epstein’s estate. These disturbing images raise even more questions about Epstein and his relationships with some of the most powerful men in the world. Time to end this White House cover-up. Release the files!’ Oversight Dems said Friday on X.

        White House spokeswoman Abigail Jackson accused Democrats of ‘selectively releasing cherry-picked photos with random redactions to try and create a false narrative.’

        ‘Here’s the reality: Democrats like Stacey Plaskett and Hakeem Jeffries were soliciting money and meetings from Epstein AFTER he was a convicted sex offender,’ she added. ‘The Democrat hoax against President Trump has been repeatedly debunked, and the Trump administration has done more for Epstein’s victims than Democrats ever have by repeatedly calling for transparency, releasing thousands of pages of documents and calling for further investigations into Epstein’s Democrat friends.

        ‘It’s time for the media to stop regurgitating Democrat talking points and start asking Democrats why they wanted to hang around Epstein after he was convicted.’

        House Minority Leader Hakeem Jeffries, D-N.Y., previously has fired back at accusations that he may have had dinner with Jeffrey Epstein or solicited donations from the disgraced financier. A House GOP effort to censure Plaskett also failed in mid-November.

        A White House official also told Fox News Friday that the House Democrats selectively chose some of the photos to release, with random redactions intended for political purposes. None of the documents, the official added, have ever shown any wrongdoing by Trump.

        Representatives for Clinton, Gates and Allen did not immediately respond Friday to requests for comment from Fox News Digital.

        Other images released Friday included photos of sex toys. 

        On Wednesday, a federal judge cleared the Justice Department to release secret grand jury transcripts from Epstein’s 2019 sex trafficking case.

        U.S. District Judge Richard Berman reversed his earlier decision to keep the transcripts under wraps, citing Congress’ recent action on the Epstein files. Berman had previously warned that the contents of the roughly 70 pages of grand jury materials contain little new information.

        That move came just one day after Judge Paul Engelmayer granted the DOJ’s motion to unseal separate grand jury transcripts and exhibits in Ghislaine Maxwell’s criminal case.

        Fox News’ Kate Sprague, Anders Hagstrom, Diana Stancy, Emma Colton and Leo Briceno contributed to this report.


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