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Group Eleven Resources Corp. (TSXV: ZNG,OTC:GRLVF) (OTCQB: GRLVF) (FSE: 3GE) (‘Group Eleven’ or the ‘Company’) announces that it has granted 2,600,000 incentive stock options to directors, officers and employees pursuant to the terms of the Company’s Stock Option Plan. These options vest over a period of two years from the date of grant, have an exercise price of $0.63 per share and will expire five years from the date of grant.

The Company also announces that pursuant to its Deferred Share Unit (‘DSU‘) Plan, it has granted 95,238 DSUs for services rendered in 2024 to independent directors of the Company. Each DSU entitles the holder, when settled, to receive one common share (or, as otherwise determined by the board of directors, a cash amount equal to the value of one common share). All currency in this news release is denominated in Canadian dollars.

About Group Eleven Resources

Group Eleven Resources Corp. (TSXV: ZNG,OTC:GRLVF) (OTCQB: GRLVF) and (FSE: 3GE) is focussed on its recent Ballywire zinc, lead, silver, copper and germanium discovery in the Republic of Ireland. Ballywire is located 20km from Company’s 77.64%-owned Stonepark zinc-lead project, which itself is located adjacent to Glencore’s Pallas Green zinc-lead project. The Company’s two largest shareholders are Michael Gentile (13.8% interest) and Glencore Canada Corp. (13.7%). Additional information about the Company is available at www.groupelevenresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS
Bart Jaworski, P.Geo.
Chief Executive Officer

E: b.jaworski@groupelevenresources.com | T: +353-85-833-2463
E: j.lau@groupelevenresources.com | T: 604-781-4915

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278454

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The changes include new options for developers to distribute apps and process payments, and new protections to help reduce privacy and security risks the MSCA creates

Apple® today announced changes impacting iOS apps in Japan to comply with the Mobile Software Competition Act (MSCA). These updates create new options for developers to distribute apps on alternative app marketplaces and to process app payments for digital goods and services outside of Apple In-App Purchase. Across these changes, Apple has worked to reduce new privacy and security risks the law creates to provide users in Japan the best and safest experience possible.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251217568962/en/

The MSCA’s requirements for alternative app marketplaces and app payments open new avenues for malware, fraud and scams, and privacy and security risks. Apple has worked with Japanese regulators to introduce protections from new threats — including important safeguards for younger users. These protections include Notarization for iOS apps, an authorization process for app marketplaces, and requirements that help protect children from inappropriate content and scams.

While these safeguards do not eliminate the new risks, they are essential to Apple’s work to ensure iOS remains the best, most secure mobile platform available in Japan. Apple will continue to engage with regulators on strengthening protections for iOS users.

Developers can learn about the new capabilities on the Apple Developer Support page and can integrate them into their apps beginning today as part of the iOS 26.2 release.

New Options for Developers to Distribute Apps on iOS in Japan

The App Store® — where every app is reviewed to meet the App Store’s high bar for privacy and security — remains the best place for iOS users in Japan to discover and download the apps they love. This includes App Store features that protect users against fraud and scams and empower parents to ensure their kids have age-appropriate experiences.

With the MSCA’s new requirements, developers will also have the option to distribute iOS apps in Japan using alternative app marketplaces other than the App Store. Alternative app marketplaces will have to be authorized by Apple and will need to meet ongoing requirements to serve developers and users. However, apps downloaded outside the App Store will not benefit from the same protections Apple provides through App Review, introducing new risks for apps that contain scams, fraud, and abuse, or that expose users to illicit, objectionable, or harmful content not allowed on the App Store.

To reduce some of these new risks, Apple will conduct a baseline review — called Notarization — that applies to all iOS apps and focuses on basic functionality and protecting users from serious threats. This Notarization process involves a combination of automated checks and human review, and helps ensure apps function as promised and are free of known malware, viruses, or other security threats. However, Notarization is less comprehensive than the App Review process that applies to all apps on the App Store.

Developers can learn more about operating or distributing from alternative app marketplaces on the new Apple Developer Support page .

New Options for Payments in App Store Apps on iOS

On the App Store, users in Japan can continue to use Apple In-App Purchase to buy digital goods and services, manage subscriptions, request refunds, and view their payment history.

To comply with the MSCA, Apple is sharing tools that enable developers to offer more ways for users to purchase digital goods and services in apps on the App Store. For their iOS apps distributed on the App Store in Japan, developers will be able to include an alternative payment processing method in their app and/or link users to a website to complete a transaction.

These alternative payment options will always be presented alongside Apple In-App Purchase, so that users in Japan are clear on when they are transacting through Apple. When users choose to pay with Apple In-App Purchase, they’ll continue to receive familiar protections and tools like refund support, subscription management, and Report a Problem. App Store users’ purchase history and subscription management will only reflect transactions made using Apple In-App Purchase.

For apps that use alternative payment processing or link users to the web for transactions, Apple will not be able to issue refunds and will have less ability to support customers encountering issues, scams, or fraud. Users may need to share their payment information with additional parties, which can introduce new privacy and security risks.

Updated Business Terms for iOS Apps in Japan

To reflect these options for app distribution and payment processing, Apple is also sharing updated business terms for developers’ iOS apps in Japan. These business terms reflect the many ways Apple creates value for developers’ apps, whether or not they use the App Store and/or Apple In-App Purchase.

Under the business terms for iOS apps in Japan, Apple will continue to only charge a commission on the sale of digital goods and services. The new terms include:

  • App Store commission : iOS apps on the App Store will pay a reduced commission of either 10 percent for the vast majority of developers — including members of the Small Business Program, Video Partner Program, Mini Apps Partner Program, and for subscriptions following their first year — or 21 percent on transactions for digital goods and services. The App Store commission reflects the value of the tools, technology, and services that enable developers to create apps, in addition to App Store distribution, discovery, and ongoing services.
  • Store services commission : iOS apps on the App Store will pay a commission of 15 percent on transactions for digital goods and services made on a website linked to by the developer’s app. Developers in the programs mentioned above, and subscriptions following their first year, will pay a reduced rate of 10 percent.

Under these new business terms, developers that sell digital goods and services in Japan will pay Apple the same or less than they do today. Developers that do not sell digital goods and services will continue not to pay Apple any commissions or fees.

Impacts to Kids’ Online Safety

Apple created the App Store to be a safe place for kids, where parents are empowered to ensure their children have age-appropriate experiences and have the tools they need to keep their children safe online. That’s why Apple has created industry-leading features like age ratings, Content & Privacy Restrictions, content filters, Ask to Buy, and powerful controls that help parents choose how children use their devices.

With the changes introduced under the MSCA, the new options for alternative distribution and payment methods may expose children to new risks. For instance, apps downloaded from outside the App Store may include illicit and objectionable content, and they will not undergo the same rigorous review process Apple employs to evaluate apps made for children on the App Store. For instance, similar regulatory changes in Europe have enabled types of apps that were previously unavailable on iOS, including pornography apps.

In an effort to reduce new risks of fraud or scams targeting children, Apple has worked with regulators in Japan to preserve some guardrails, including:

  • Apps in the Kids category on the App Store will not include links to websites to complete transactions, to reduce the risk of fraud or scams targeting children.
  • For users under 18 years old , all apps from the App Store that use alternative payment processing or link to a website for transactions must include a parental gate that requires younger users to involve their parent or guardian before making a purchase.
  • For users under 13 years old, apps from the App Store cannot link to websites for transactions to protect against the risk of scams that target younger kids.

Developers must also continue to provide age ratings for their apps, whether their app is distributed on the App Store or an alternative app marketplace.

Apple will continue innovating to meet the evolving risks to kids’ safety online by building on the powerful tools and features it makes available today — like Child Accounts, web content filters, app restrictions, monitoring tools like Screen Time and Family Sharing, Communication Safety, and Communication Limits, which help parents shape who their children communicate with and shield them from inappropriate content.

Additional Updates to iOS

Alongside the new app distribution and payment options, Apple has introduced additional controls and choices for users in Japan with the release of iOS 26.2. These include:

  • A browser choice screen and search engine choice experience , giving users in Japan new ways to pick their preferred browser and search engine.
  • Default controls for navigation apps and app marketplaces.

Across these controls, users can review and adjust their choices at any time in Settings.

For developers, Apple is sharing tools in addition to the new options for alternative distribution and app payments, including:

  • New options for developers of browser apps to use alternative browser engines other than WebKit, with strict security and privacy requirements.
  • A new API that enables developers of voice-based conversational apps to provide users the option to launch their app with the iPhone® side button.
  • A process to request interoperability with core technologies in iPhone and iOS.

Apple is providing detailed resources to help developers understand the options now available for their apps in Japan, which they can access from the Apple Developer Support page .

Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, AirPods, Apple Watch, and Apple Vision Pro. Apple’s six software platforms — iOS, iPadOS, macOS, watchOS, visionOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, iCloud, and Apple TV. Apple’s more than 150,000 employees are dedicated to making the best products on earth and to leaving the world better than we found it.

NOTE TO EDITORS: For additional information visit Apple Newsroom ( www.apple.com/newsroom ), or email Apple’s Media Helpline at media.help@apple.com .

© 2025 Apple Inc. All rights reserved. Apple, the Apple logo, App Store and iPhone are trademarks of Apple. Other company and product names may be trademarks of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251217568962/en/

Press Contacts:

Peter Ajemian
Apple
pajemian@apple.com

Apple Media Helpline
media.help@apple.com

News Provided by Business Wire via QuoteMedia

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The Senate confirmed billionaire private astronaut Jared Isaacman Wednesday in a 67-30 vote to serve as NASA administrator, months after President Donald Trump withdrew the same nomination during his public feud with Tesla and SpaceX CEO Elon Musk.

The confirmation places Isaacman, an investor in SpaceX and leader of two private spaceflight missions, at the helm of the nation’s space agency. Reuters reported that Isaacman becomes NASA’s 15th administrator and is known as an advocate of Mars missions.

Trump previously pulled Isaacman’s nomination in May, citing what he described at the time as ‘a thorough review of prior associations.’ 

Fox News Digital reported at the time that the decision was made amid escalating tensions between Trump and Musk, who had recently departed his role leading the Department of Government Efficiency (DOGE) and publicly criticized Trump’s ‘One Big, Beautiful Bill.’

Isaacman later suggested the timing of the withdrawal was no coincidence. 

Speaking on the ‘All-In Podcast,’ he said, ‘I don’t need to play dumb on this. I don’t think that the timing was much of a coincidence.’ He added that ‘there were some people that had some axes to grind, I guess, and I was a good, visible target,’ Fox News Digital previously reported.

The nomination was revisited in the fall as relations between Trump and Musk appeared to thaw. In October, NASA officials confirmed Isaacman was again under consideration after meetings with Transportation Secretary Sean Duffy, who was tasked with vetting candidates for the permanent NASA role at Trump’s direction.

Trump formally renominated Isaacman in November, praising him in a social media post.

‘Jared’s passion for Space, and his commitment to American Leadership in Space, make him ideally suited to lead NASA into a bold new Era,’ Trump wrote.

Fox News Digital has extensively reported on the broader Trump-Musk feud that surrounded the nomination’s earlier withdrawal. In May and June, the two men publicly exchanged harsh words over Trump’s ‘One Big, Beautiful Bill.’ 

Musk accused Trump of pushing a ‘disgusting abomination,’ while Trump said Musk had gone ‘CRAZY’ and was ‘wearing thin.’ 

Signs of reconciliation followed when Trump and Musk shook hands and spoke briefly at Charlie Kirk’s memorial, with Trump later saying, ‘We had a little conversation. We had a very good relationship, but it was nice that he came over.’ 

Musk also attended a White House dinner hosted by Trump and appeared at other administration events.

Trump later teased Musk publicly, telling an audience, ‘You’re so lucky I’m with you, Elon. I’ll tell you. Has he ever thanked me properly?’ 

Musk responded on X by saying, ‘I would like to thank President Trump for all he has done for America and the world.’

Axios reported Tuesday that Musk has begun financially backing Republican House and Senate candidates ahead of the 2026 midterms, showing warming relations after what the outlet described as a ‘messy breakup’ earlier this year. 

Politico similarly reported that Musk has said his relationship with Trump ‘went up in flames’ in June but has since been rebuilt.

Isaacman’s confirmation brings that arc to a close, cementing his leadership role at NASA. 

Isaacman previously commanded Inspiration4, the first all-civilian mission to orbit Earth, and later led the Polaris Dawn mission, both in partnership with SpaceX. 

The White House and representatives for Musk and Isaacman did not immediately respond to Fox News Digital’s requests for comment.


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More than 200 House Democrats voted against a bill aimed at criminalizing transgender medical treatment for minors Wednesday evening.

The bill passed in a 216-211 vote that had some bipartisan crossover.

Three Democrats — Vicente Gonzalez, D-Texas; Don Davis, D-N.C.; and Henry Cuellar, D-Texas — voted with Republicans for the bill. 

Four Republicans — Mike Kennedy, R-Utah; Brian Fitzpatrick, R-Pa.; Gabe Evans, R-Colo.; and Mike Lawler, R-N.Y., voted against it.

It was widely opposed by most Democrats, however. Forty-five House Republicans signed on to formally back the legislation before the vote.

And while the majority of Republicans supported it on the House floor, it’s unclear if it will be taken up in the GOP-led Senate.

Transgender issues, particularly related to minors, have been one of the topics driving a wedge between moderate and progressive Democrats. But the severity of the bill’s language appears to have turned off a significant number of Democrats in the House.

The bill creates new federal crimes that carry up to 10 years in prison for doctors performing transgender-affirming surgeries on minors, while also making it a crime to prescribe puberty blockers.

Parents or guardians of children under 18 could also be held criminally liable if they consent to or otherwise facilitate transgender treatment for them.

‘This extreme bill puts the threat of prosecution between hundreds of thousands of families and their doctors and would put doctors behind bars for exercising their best medical judgment,’ said Mike Zamore, national director of policy & government affairs at the American Civil Liberties Union 

‘Passing this bill would be a grave escalation of an already severe effort to not only push transgender people out of public life but also allow the state to control our bodies and our lives further.’

Rep. Nancy Mace, R-S.C., who argued in favor of the bill on the House floor, said Wednesday, ‘It is obscene. It is disgusting. You’re seeing, in real time, Democrats wanting and defending grooming of children. And it is abhorrent.

‘There is a lie at the heart of the debate we’re having today that I have to correct. No child is born in the wrong body. There are only two sexes, male and female. There are no others.’


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Senate Republicans inched closer to history Wednesday after blowing past yet another procedural obstacle on their way to confirming nearly 100 of President Donald Trump’s nominees.

As part of their mad dash from Washington ahead of the upcoming holiday recess, Senate Republicans advanced a tranche of 97 of Trump’s picks. The 53-47 party-line vote puts the GOP one step away from confirming the batch of nominees.

The final confirmation vote is expected Thursday, barring an agreement with Senate Democrats to speed up the process.

And if that vote is successful, which it is expected to be, Senate Republicans will have confirmed more of Trump’s picks than any other president in one year.

The current nominees package would place Trump at 415 total confirmed during the first year of his second term, which leapfrogs his total of 323 during his first term. It also blows past former President Joe Biden, who, at the same period at the end of his first year in office, had 365.

Senate Republicans have rapidly confirmed hundreds of Trump’s picks since changing the Senate’s rules for the confirmation process in September in a bid to smash through Senate Democrats’ blockade against advancing even the most low-level positions throughout the Trump administration.

The GOP went nuclear — the fourth time in the Senate’s history — to lower the threshold for certain picks to just a simple majority, rather than the typical, 60-vote filibuster.

That change has allowed Republicans to quickly move through sub-cabinet level positions at a brisk pace and to tee up Trump’s expected historic moment.

Among the list of nominees are former Rep. Anthony D’Esposito, R-N.Y., to serve as inspector general at the Department of Labor and two picks for the National Labor Relations Board, James Murphy and Scott Mayer, along with several others in nearly every federal agency.

Lawmakers also separately confirmed Trump’s choice to run NASA, billionaire Jared Isaacman, and his pick for a spot on the Nuclear Regulatory Commission, Douglas Weaver.

Isaacman’s confirmation sailed through on a bipartisan 67-30 vote but served as the second go-round for the upper chamber to ruminate on his ascension atop NASA.

Trump had nominated him to run the nation’s space agency in December 2024, but he was pulled earlier this year after a ‘thorough review of prior associations.’

But Isaacman was later nominated again in November for the same post, and Trump lauded his ‘passion for space, astronaut experience, and dedication to pushing the boundaries of exploration, unlocking the mysteries of the universe, and advancing the new space economy.’


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Investor Insight

Goldgroup offers investors a rare opportunity to participate in the rapid buildout of a multi-asset gold producer in Mexico, with near-term production growth at the operating Cerro Prieto mine and the addition of two fully owned, high-impact assets – Pinos and San Francisco – positioning the company for substantial scale, re-rating potential and strong leverage to gold.

Overview

Goldgroup Mining (TSXV:GGA,OTC:GGAZF) is a Canadian gold company building a portfolio of high-quality producing and development assets across Mexico, one of the world’s premier mining jurisdictions. With two 100 percent owned gold projects – Cerro Prieto and Pinos – and the acquisition of 100 percent of the San Francisco mine, Goldgroup is positioned for rapid, disciplined production growth.

GoldGroup Mining team in safety gear standing in front of a rocky cliff.

The company’s strategy is straightforward: optimize and expand production at its flagship Cerro Prieto mine, advance Pinos toward a production decision, and bring the large-scale San Francisco mine back online. Combined, these projects outline a defined path to more than 100,000 ounces of annual production, with further upside from exploration, resource expansion and future acquisitions.

Goldgroup is guided by an experienced leadership team with deep expertise in building and optimizing mines in Mexico. The company benefits from strong financial support from the Calu Group and founders of Luca Mining, with proven track records of value creation through mine development, operational turnarounds and strategic M&A.

Company Highlights

  • Two operating or near-term production gold assets in Mexico, 100-percent-owned and fully permitted.
  • Cerro Prieto expansion completed, increasing from ~12,500 oz/year to 30,000+ oz/year during 2026 and beyond, including tailings re-processing.
  • Its second asset, Pinos, is a fully permitted high-grade underground development project with historical resources and +90 percent metallurgical recoveries.
  • San Francisco acquisition in progress, a past producer capable of ~40,000 oz/year with significant exploration upside.
  • Aggressive M&A strategy aimed at fast-tracking Goldgroup into the mid-tier producer category with advanced due diligence nearing completion. .
  • Backed by the Calu Group and the founders of Luca Mining, bringing extensive operational and financing expertise in Mexico.

Key Projects

Cerro Prieto Open Pit Gold Mine

GoldGroup Mining

Cerro Prieto is Goldgroup’s established producing operation in the Cucurpe mining district of Sonora, Mexico. It’s been in production since 2013 and is augmented by a newly expanded processing capacity that has more than doubled throughput. The mine is the cornerstone of Goldgroup’s near-term growth strategy, with ongoing optimization, a planned tailings re-processing and re-leaching initiative, and multiple drill-ready targets across the property. An updated NI 43-101 resource estimate for the Esperanzas deposit further reinforces the reliability of the mineralized system while underscoring the potential for continued resource growth.

Aerial view of GoldGroup Mining

Project Highlights

  • Producing open-pit gold mine in Sonora with 120,000+ ounces produced since 2013
  • Throughput recently doubled to 4,200+ tons per day (tpd) with installation of a second crushing circuit
  • Tailings re-leaching strategy expected to add up to 9,000 oz/year over ~5 years
  • Expansion plan targeting 30,000+ ounces of annual production
  • Updated NI 43-101 outlines 37,209 oz measured and indicated, and 1,504 oz inferred gold resources
  • Multiple exploration targets across the property, including Esperanza, Nueva Esperanza and additional zones all under definition drilling.

Pinos Gold Development Project

GoldGroup Mining

Pinos is a fully permitted, advanced-stage underground gold project positioned within the prolific Zacatecas mining belt. The district hosts 29 concessions over 3,816 hectares, with 52 shafts and more than 40 km of underground workings. Goldgroup’s internal roadmap outlines 12,700 oz/year of potential annual production from Pinos in a development scenario.

Project Highlights:

  • Multiple high-grade veins historically mined at 30 to 50 g/t gold
  • Historical measured and indicated estimate: 86,000 oz gold and 1.3 Moz silver (Candelaria Mining, 2018). Note: Historical resource only; not treated as current NI 43-101
  • Metallurgical recovery of +90 percent gold via cyanide leaching and Merrill-Crowe
  • Fully permitted for mine construction

Goldgroup plans to launch targeted exploration and resource-definition drilling at Pinos, followed by an updated economic study (PEA or PFS) that will guide a production decision for this fully permitted high-grade project.

San Francisco Open Pit Gold Mine

Aerial view of GoldGroup Mining

The San Francisco mine is a past-producing, large-scale open-pit gold operation in Sonora with extensive existing infrastructure and significant resource and exploration upside. Goldgroup has acquired the majority of creditor debt connected to the mine, enabling it to control the restructuring process and advance toward full ownership pending final court approval. With historical production of approximately 1.3 million ounces and strong metallurgical recoveries, San Francisco presents a near-term opportunity for Goldgroup to restore a proven gold mine to production and add meaningful scale to its growth profile.

Project Highlights:

  • Large-scale past producer with ~1.3 million ounces of gold produced from 2010 to 2019
  • Strong existing infrastructure: grid power, wells, ADR plants, assay lab, haul roads
  • High processing capacity of 16,875 tpd via two parallel crushing circuits
  • Good metallurgical recoveries ranging from 77 percent to 90 percent
  • Multiple new high-grade zones identified behind and below pit walls
  • Restart plan underway, including drilling to upgrade resources and update the mine plan

Management Team

Ralph Shearing – Chief Executive Officer

A professional geologist with nearly four decades of experience in mining and exploration, Ralph Shearing founded and led Luca Mining Corp, where he oversaw major development milestones such as the exploration, initial development construction and pre-production of the Tahuehueto gold mine, the acquisition and successful restart of production of the Campo Morado zinc poly-metalic mine in Mexico.

Anthony Balic – Chief Financial Officer & Director

Previously the director of finance for Goldgroup, Anthony Balic has extensive experience in mining finance, including senior roles at Deloitte LLP specializing in assurance and advisory for mining companies. He oversees corporate finance, accounting and capital strategy for Goldgroup.

Corry Silbernagel – Director

Corry Silbernagel is a veteran financial and technical specialist with experience across mining and energy. He is the former CFO of Cabo Drilling and project manager for large-scale initiatives at Suncor and TransAlta. Silbernagel brings expertise in strategic finance, project development and operational oversight.

Blair Jordan – Director

Blair Jordan is managing partner at Restructure Advisors, with deep experience in corporate restructuring, turnaround strategies and investment banking. He held CFO and interim CEO roles in multiple public companies, and is the former managing director at Echelon Wealth Partners.

Roberto Guzman – Director

Roberto Guzman is a finance leader with more than 25 years of experience in Mexico’s financial sector. Jordan holds an advanced degree in finance from Universidad Tecnologica de Mexico and has served as finance manager for numerous public and private Mexican companies.

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FBI Deputy Director Dan Bongino is leaving the bureau in January after speculation rose this week concerning his departure.

‘I will be leaving my position with the FBI in January,’ Bongino wrote in an X post Wednesday. ‘I want to thank President [Donald] Trump, AG [Pam] Bondi, and Director [Kash] Patel for the opportunity to serve with purpose. Most importantly, I want to thank you, my fellow Americans, for the privilege to serve you. God bless America, and all those who defend Her.’

President Donald Trump hinted at the news on the tarmac at Joint Base Andrews earlier in the afternoon, saying, ‘Dan did a great job. I think he wants to go back to his show.’

Bongino, a former Secret Service agent, had no FBI experience before Trump tapped him to serve in the No. 2 position there. Prior to Bongino, the role had for more than a century been filled by someone who worked at the bureau, according to the FBI Agents Association. The position does not require Senate confirmation.

Fox News confirmed Andrew Bailey, co-deputy director, has been on the job since September and will stay on for now in the deputy role reporting to Patel.

The White House and the FBI did not immediately respond to Fox News Digital’s requests for comment.

This is a breaking story. Check back later for updates.


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House Republicans passed a bill they say will lower healthcare costs for a broad swath of Americans by roughly 11%.

It’s a victory for Speaker Mike Johnson, R-La., who has been managing deep divisions within the House GOP on the topic of healthcare as insurance premiums are set to spike across the country in a matter of weeks.

One glaring issue that remains unresolved is Obamacare subsidies, which were enhanced during the COVID-19 pandemic but are set to expire at the end of this year.

The legislation passed 216 to 211. Just one Republican, Rep. Thomas Massie, R-Ky., voted against it along with all House Democrats.

The bill’s passage comes hours after a group of moderate Republicans joined a Democrat-led discharge petition to force a vote on extending the subsidies for another three years.

A discharge petition is a mechanism for overriding the will of House leaders to get a chamberwide vote on specific legislation, provided it has support from a majority of lawmakers. It sets up the legislation for a vote sometime in the new year.

Each of the four House Republicans made clear that backing Democrats’ bill was not their first choice, but they felt they were left with few options after Johnson made clear this week that there would not be a separate vote on extending the subsidies before the end of this year.

But the majority of House Republicans are against extending the subsidies, at least without significant reforms. Conservatives have argued the subsidies amount to throwing more money at a long-broken system that does little to tackle the actual cost of healthcare.

‘Obamacare has been an unmitigated disaster for 15 years, crushing families with high premiums and rampant fraud while enriching insurance companies. It’s time for conservatives to get serious about advancing policies that can become law and therefore actually reduce costs,’ Republican Study Committee Chairman August Pfluger, R-Texas, who called the House bill a ‘solid first step,’ told Fox News Digital.

Republicans who are for extending them have also conceded that reforms are needed, but have positioned a short-term extension as the best course of action to buy more time to work on an off-ramp.

The House GOP bill, the Lower Health Care Premiums for All Americans Act, 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.

The nonpartisan Congressional Budget Office (CBO) estimated that enacting the bill would reduce the federal deficit by $35.6 billion for a 10-year period through 2035.

If the bill became law, it would also decrease the number of people with health insurance by an average of 100,000 per year between 2027-2035 and lower gross benchmark premium costs by an average 11% through 2035, CBO said.

However, it’s not immediately clear whether it will be taken up by the Senate.

Republicans in the upper chamber failed to advance their own healthcare plan last week after also rejecting Democrats’ plan to extend the Obamacare subsidies.


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John Rubino, who writes a newsletter on Substack, shares his thoughts on silver’s impressive 2025 price rise, saying he thinks the metal could hit US$100 per ounce next year.

‘This is real, it’s long overdue and it’s nowhere near done yet,’ he said

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

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