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A group of House GOP lawmakers is urging the Trump administration not to give New York City Mayor-elect Zohran Mamdani a federal security clearance.

Rep. Andy Biggs, R-Ariz., is leading seven fellow House Freedom Caucus members in writing a letter to Homeland Security Secretary Kristi Noem, accusing Mamdani of supporting ‘violent movements’ and having ‘radical’ ties that they claim make him unfit for classified federal settings.

‘DHS must deny Zohran Mamdani a security clearance. The federal government has a constitutional duty to defend the nation against threats both foreign and domestic,’ the letter said.

‘Mamdani’s record of radical ties, anti-American rhetoric, and support for violent movements makes him unfit. Granting him access to classified information would be reckless and would endanger NYPD officers and federal agents.’

The letter noted that Mamdani co-founded a chapter of Students for Justice In Palestine at Bowdoin College when he was a student there, and it accused the group of praising Hamas’ Oct. 7, 2023, attack in Israel.

‘He has blamed the FBI for radicalizing al Qaeda terrorist Anwar al-Awlaki, undermining counterterrorism efforts. He has appeared alongside clerics who prayed for the annihilation of Israel’s supporters and praised Hamas fighters,’ the letter said.

The GOP lawmakers said granting Mamdani a security clearance could ’empower agitators, escalate threats, and put more of these brave agents’ lives in danger.’

‘His hostility toward immigration enforcement would make federal coordination unsafe and undermine national security,’ they said.

The mayor of New York City, while not a federal official, does traditionally get a security clearance in order to get briefed on possible terror threats and other national security matters affecting the largest city in the U.S.

The letter comes on the same day that Mamdani is in Washington, D.C., to meet with President Donald Trump, a fellow New Yorker, as an introduction after he won his election earlier this month.

The New York City mayor-elect has sought to moderate his views, at least publicly, since the waning weeks of his campaign.

He has pledged to be a mayor for all residents despite critics raising concerns about his hostile rhetoric toward Israel and lackluster pushback on questions of whether he supports Hamas.

Fox News Digital reached out to both Mamdani’s transition team and the Department of Homeland Security (DHS) for comment.


This post appeared first on FOX NEWS

The FBI came to the conclusion that Butler, Pennsylvania, would-be assassin Thomas Matthew Crooks acted alone — after a massive team doggedly pursued interviews with thousands of foreign and domestic individuals as part of an unprecedented global investigation into the 2024 shooting of President Donald Trump, the bureau told Fox News Digital as part of a lengthy, behind-the-curtain rundown of the probe.

FBI Director Kash Patel, FBI Deputy Director Dan Bongino and a senior official with direct involvement in the Butler, Pennsylvania, investigation sat down for an unprecedented interview with Fox News Digital for more than an hour Thursday afternoon at FBI headquarters.

Patel told Fox News Digital that the investigation was a ‘Day One priority’ for the bureau.

‘Dan and I have been on this since we got here eight months ago. We not only had to maintain the chain of command to President Trump, but we had to remind the world that President Trump was the victim — one of the four victims — on that day,’ Patel said. ‘There are victims’ rights rules that apply to him, and they don’t get erased because he is the president.’

‘We fully briefed the president, as a victim of this case, at the White House, providing him with all of the details of our investigation, and the president was satisfied with the results and where we left it,’ he said.

Patel, Bongino and the senior official, who has requested anonymity due to his sensitive work, shared new details of the monthslong investigation in an effort to provide maximum transparency to the American people amid recent reports that have suggested several theories, which Patel, Bongino and the official debunked.

‘We have reviewed this case over and over — looked into every nugget. We have spoken to the families, the president — there is no cover-up here,’ Bongino told Fox News Digital. ‘There is no motive for it, there is no reason for it.’

Patel referenced former FBI Director Christopher Wray’s testimony to Congress in 2024 as a potential reason for unfounded theories to surface.

‘My predecessor went to Congress and said he didn’t know if it was a bullet that hit President Trump in the head. The whole world knew it was a bullet,’ Patel told Fox News Digital. ‘For the number one law enforcement officer to say that — it causes a massive disbelief in the institution that Dan and I are now running.’

‘But that is the difference between then and now,’ he said.

The case currently sits in a ‘pending, inactive’ status, but the official called the investigation ‘one of the largest mobilizations of FBI resources in history that, frankly, continued to this day.’

‘If we get a credible lead, we’ll continue to investigate,’ the official said. ‘The director has been very clear about leaving no stone left unturned, and that is what we are committed to.’

On July 13, 2024, Crooks, age 20, opened fire at Trump’s campaign rally in Butler, Pennsylvania. The president was shot, with the bullet piercing the upper part of his right ear. 

The president ducked to the ground and was surrounded by Secret Service agents who evacuated him from the scene. 

Three spectators were hit by gunfire, and one person, a firefighter and father, Corey Comperatore was killed.

The FBI took over the investigation hours after the shooting, and began investigating it as an assassination attempt.

‘Four hundred and eighty-five FBI employees have been involved in some way, shape or form in this investigation,’ the official told Fox News Digital.

‘The FBI around the world has conducted more than 1,000 interviews connected to this case,’ the official continued. ‘We’ve reviewed 2,000 tips that were submitted. We’ve served and executed more than 10 search warrants and 100 subpoenas. In that, we specifically analyzed 13 electronic devices that were associated with Crooks and his family members from his home in Bethel Park, Pennsylvania.’ 

The official said the FBI examined ’35 accounts linked to Crooks, including social media, bank and other online accounts.’

‘The FBI has been able to access all of the accounts,’ the official said. ‘There has been reporting to inappropriately and incorrectly state that there was encryption that the FBI was not able to get into — that is not true. We have been able to get into every single account.’

The official said that Crooks maintained foreign-based email accounts from Germany and Belgium.

‘The FBI was able to fully access those accounts within days of the attack,’ the official said. ‘Additionally, the FBI engaged with foreign partners who also provided all of the content of those email accounts.’

‘We can say with confidence that there is no communication, there are no emails that Crooks had that we have not been able to access,’ the official said.

‘The home was completely swept. Every device in the home was collected and accessed fully,’ Patel said. ‘Reports say that we didn’t get into certain devices? That’s false. We got into all of the devices.’

The FBI conducted a manual review of more than 500,000 individual electronic files and ‘engaged with a number of nations around the world to ensure that all leads were covered.’

‘When there was a lead about an overseas connection — the two instances where we became aware of the foreign accounts — the FBI reached out to foreign governments,’ the official explained.

‘Very quickly, they provided the full contents of the accounts,’ the official said, adding that the FBI had deployed ‘such an extraordinary overseas effort that even people not in Crooks’ age range were interviewed and done completely and thoroughly.’

‘There is no foreign connection in this case,’ the official stressed. ‘There is no individual that is outside U.S. borders or inside U.S. borders that had any role in directing him, inspiring him or assisting him in any way — and that includes foreign governments.’

The official added: ‘There is no information, no evidence anywhere in this investigation, that shows there was any foreign individual or foreign government or foreign organization tied to Thomas Crooks.’

‘We would have cracked the biggest investigation in human history — a foreign-directed plot,’ Bongino said. ‘Why would we withhold that? But we can only follow the facts, and they are just not there.’

Reports have surfaced questioning Crooks’ alleged relationship with Antifa-linked individual William Tepes. 

The FBI told Fox News Digital that there was never any direct communication between Crooks and Tepes.

‘Crooks posted on YouTube. Tepes is a Norwegian, nordic resistance member. He simply responded to content Crooks posted,’ Patel said, pointing to a comment Tepes made on a 2020-era video posted on the video-sharing platform by Crooks.

As for his online presence, Bongino said previous FBI leadership initially downplayed his digital footprint.

‘The degree of his digital footprint was not messaged correctly at all by prior leadership,’ Bongino said.

The official told Fox News Digital that Crooks’ online activity largely took place in 2019 and 2020, when Crooks was just 16 years-old — nearly five years before the attack.

‘He called our Republicans and Democrats. He went as far as saying, ‘In my opinion, the only way to fight the government is with terrorism-style attacks.’ I won’t try to get into his brain,’ the official said. ‘But there is a limited record of him making political statements and advocating for political violence in 2019 and 2020.’

The official detailed some of Crooks’ online behavior leading up to the attack, including on July 6, 2024, when he used his email account to register to attend the Butler, Pennsylvania, rally on the Trump campaign website. Crooks also searched ‘how far was Oswald from Kennedy?’

The official also said Crooks searched for what the weather would be in Butler, Pennsylvania, on the day of the attack and where the podium would be, and he looked up directions from his home to the Butler Farm Show grounds and directions from the grounds to the closest hospital.

‘But Crooks left no manifesto. He had no seepage of any kind. He didn’t give any indication anywhere that he was going to do this or why he did this,’ the official said. ‘There are many instances in notable assassinations that they do want folks to know why they did it, but we don’t know that here, because Thomas did not leave any of those artifacts.’

‘The rage, the anger, I totally get it. I’m with you. [Trump] is a friend of ours, he was shot in the head on live television — we want an explanation, too,’ Bongino said. ‘Where is the manifesto? The answer is — it doesn’t exist.’

Reports have suggested Crooks had some interest in the ‘furry’ anthropomorphic community online.

But Patel told Fox News Digital that evidence obtained through the FBI’s investigation revealed ‘no evidence’ of involvement in that community.

‘He went on a website, called Deviant.com, and that website contains pornographic material — animated pornographic material related to the furry community — a whole host of things Americans would never look at,’ Patel said, noting FBI evidence that Crooks displayed an interest in ‘animated female muscle-building erotica.’ 

‘Crooks was on that website and looked at images related to women who work out … a lot. That was his interest, and so we are sharing this with you to show that just because he was on a website that has a voluminous amount of terrible information on it, there is no investigative fact to back up a connection between Thomas Crooks and a portion of the website that had the ‘furry’ on it.’

Patel said questions are also being raised as to why the FBI did not stop the assassination attempt before it happened. 

‘The FBI can only investigate based on a lawful predicate to open,’ Patel said. ‘Does the American public really want the FBI scouring social media and content everywhere without a lawful predicate and trampling over First Amendment rights?’

Patel said that if someone had called in a lead, ‘immediately there would be action.’

‘But no one did that,’ Patel said. ‘No one.’

‘People are asking why we didn’t act on his posts on certain sites. No one in law enforcement knew who he was. No one referred him to law enforcement, and we do not monitor every single American’s use of YouTube and Google and Twitter and Facebook,’ Patel said. ‘Because then people come back and say to us: ‘Why are you on our First Amendment rights?’’

As for the weapon used to shoot the president, Crooks used a 223 rifle. Crooks’ father controlled access to the gun vault and the gun.

The weapon was used to fire eight rounds in the vicinity of the president and the stage. The official told Fox News Digital that there were 22 additional unfired rounds in the weapon and a number of unused magazines that were located in his vehicle on a ballistic vest.

The officials all shot down any theories of a potential second shooter, noting that the individual near the water tower around the site was a Pennsylvania State Police officer.

‘There were no phantom rounds. Every single round was accounted for,’ the official said.

Bongino stressed that ‘it is the FBI’s conclusion that Crooks acted alone.’

‘It is our conclusion, and it is likely, given politically motivated assassination attempts in history,’ Bongino said. ‘These are historical incidents that have already happened — Arthur Bremer; (Squeaky) Fromme; Sara Jane Moore; John Hinkley — those names should all ring a bell.’

He added, ‘We’re not saying Crooks didn’t deal with anyone ever — we are just saying that the people he dealt with had no role in inspiring, motivating or directing this attack.’

Meanwhile, the FBI discovered an undetonated explosive device inside Crooks’ vehicle.

‘The device had a receiver on it which would receive a message from a transmitter in order to detonate,’ the official explained. ‘The receiver was positioned in the off position. Had it been positioned in the on position, and if it activated from the triggering device on the person, our assessment is that it would have activated. But the position was in the off position.’

Patel told Fox News Digital that he ‘recreated what it would have looked like if the explosive device was in the on position.’

‘We walked members of Congress through a visual of what would have happened,’ Patel said. 

‘Because it seems so unlikely you would build a device and forget to turn it on — but he did,’ Bongino said. ‘That’s how it was found. Was it just stupidity?’

As for the crime scene in general, Patel, Bongino and the official explained that the FBI controlled the crime scene from July 14, 2024, at midnight until July 18, 2024. 

‘We do not hold the crime scene forever. We have to give it back — that is standard operating procedure,’ Bongino said.

Crooks’ body was removed from the roof by the Pennsylvania state coroner. In coordination with State Police, the FBI then ‘cleaned the roof with water, as we were going to release the scene.’

‘We had onlookers and souvenir hunters — the FBI is not going to turn over a blood-stained roof. AGR was a functioning business,’ the official said. ‘Our standard operating procedure is to acquire services to clean the roof. The decision was made to do that, but only after all evidence on the roof was collected, including the firearm, shell casings, biological samples left behind, photos, blood.’

The official said an autopsy of Crooks was conducted the next day, and an FBI and Pennsylvania State Trooper sat in on the autopsy.

‘Before the body was released to the family, which is protocol in every crime incident ever, the FBI collected DNA — fingernails, hair samples, and blood from Crooks, that remains in FBI evidence to this day,’ the official said. ‘After those collections were made, our examination of the body was done and completed. At that point, it was turned over to the family for burial and for plans they had.’ 

The official added: ‘They chose to cremate.’

‘The FBI did not make the decision to cremate the body,’ Bongino said. ‘The family did. It was their son. The FBI had nothing to do with this decision at all.’

Meanwhile, Patel addressed criticisms from members of Congress who claim he has not turned over documents pertaining to the probe.

‘Congress is accusing us of not turning over all of this stuff — but all of this stuff doesn’t exist. It is an empty narrative they’re firing into a vacuum,’ Patel said. ‘The very limited information we have not turned over is respective to victims’ rights. There isn’t some trove of documents that we haven’t sent over there.’ 

Patel said the FBI has ‘fully debriefed the lawmakers.’ 

‘We’ve even had members of Congress come to Quantico in our lab facility there and walk them through the exact investigative steps, the video and audio recordings, the repercussions of the explosion that did not occur that day and how that would have impacted the people that were attending the rally, and so they have been given a full inside view of what we did on those days,’ Patel said. ‘We gave them all of the material we are legally able to give them.’ 

He added: ‘They have seen video recordings. We’ve literally shown them and delivered them the audio and video recordings — the totality of what we possess. They have that. They have our investigative information. There is nothing more for us to turn over. We don’t have anything else in our holdings.’

The FBI told Fox News Digital that the bureau has turned in more than 1,375 pages to the Senate Judiciary Committee and the Senate Permanent Select Committee on investigations. Those documents include FBI interviews — or 302s — with U.S. Secret Service and state and local police, state and local lab reports, including ballistics, crime scene photos, videos and more.

The total pages produced to the Senate numbered more than 2,750. 

‘Come put out 3,000 documents to Congress during his tenure. Wray, in his seven or eight years put out 13,000,’ Patel said. ‘We, in eight months, have put out over 40,000 documents to Congress — to include this, Crossfire Hurricane, Arctic Frost and more.’

‘But there are investigations ongoing surrounding that, so we are working with Congress, not only for constitutional oversight and reform in legislation, but we’re working on the accountability piece, and to do that, we have to run our investigations. And we’re not done.’

Attorney General Pam Bondi said in a Friday statement to Fox News Digital, ‘Under Director Patel and Deputy Director Bongino’s leadership, the FBI is doing tremendous work to investigate the horrific attempted assassination of President Trump that resulted in the heartbreaking murder of Corey Comperatore. We will help prevent what happened in Butler from ever happening again.’

The sit-down interview with Fox News Digital lasted for more than an hour, as Patel, Bongino and the senior official sought to provide as much information as possible on the probe and to debunk the recent public criticism they have faced. 

‘We don’t blame people for asking questions,’ Bongino said. ‘The president, the candidate at the time, was shot in the head on live TV. Our position is — please — ask away.’

Bongino added: ‘We are very confident in the outcomes of this investigation. We have pulled on every threat. We are absolutely confident, and if information surfaces, please, immediately get it over to us for instant action.’

‘I would ask the public: What motivation would Kash Patel and Dan Bongino possibly have to hide from their personal friend — not just their boss — the president — information about a crime where he was the victim?’ Bongino asked. ‘I don’t understand what the motivation would be.’

But Bongino quoted a line from the movie ‘A Few Good Men.’

‘No one is interested in guilt or innocence, they’re interested in someone to blame,’ Bongino quoted. ‘The public is pissed off. We get it. We sympathize with you. It couldn’t have just been this guy — it couldn’t have just been this guy — it is. There is no reason I would tell you otherwise.’

‘As to why people keep coming back to this on social media, the reality is, many people make a lot of money on social media pushing conspiracy theories for clicks,’ Patel said. ‘That is a fact.’

As for Trump, he told Fox News’ Brian Kilmeade Friday that he has ‘confidence in Kash, a lot of confidence, and the DOJ, and they are giving me reports, and their reports are seeming to balance out, so I have confidence in these people.’ 

‘I wasn’t confident with Christopher Wray, but this group, it is a different group,’ Trump said. ‘It’s Kash, as opposed to Christopher Wray, and I have confidence in Kash.’ 


This post appeared first on FOX NEWS

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

    This week, the stock market displayed a mixed performance amid ongoing uncertainty about artificial intelligence (AI) company valuations and policy decisions from the US Federal Reserve.

    On Monday (November 17), both the S&P 500 (INDEXSP:.INX) and the Nasdaq Composite (INDEXNASDAQ:.IXIC) fell below their 50 day moving averages for the first time since late April, a significant technical breakdown. The Dow Jones Industrial Average (INDEXDJX:.DJI) also closed below this important threshold for the first time since October 10.

    Tuesday (November 18) saw continued volatility and some attempted stabilization attempts, but market participants remained cautious. Heavyweight tech and chip stocks were down ahead of NVIDIA’s (NASDAQ:NVDA) earnings call on Wednesday (November 19), but a global relief rally followed the firm’s upbeat earnings report and raised Q4 guidance. However, enthusiasm was short-lived, with markets pulling back on midday Thursday (November 20) after September US jobs numbers temporarily dashed hopes of a December interest rate cut from the Fed.

    Comments made at the Bloomberg New Economy Forum further contributed to market caution, with Goldman Sachs (NYSE:GS) President John Waldron warning that markets could still face further declines.

    In contrast, former Barclays (NYSE:BCS) CEO Bob Diamond offered a more optimistic view, calling the recent selloff a “healthy correction” rather than the start of a bear market.

    Later on Thursday and into Friday (November 21), the odds of a December rate cut rose again as Fed officials, including San Francisco Fed President Mary Daly and New York Fed President John Williams, signaled concerns about slowing economic growth and a cooling labor market. Markets surged on the back of the news to end the trading day sharply higher after a volatile week that saw all three major indexes post losses.

    This renewed optimism quelled some selling pressure going into the weekend, although investor caution around AI valuations and Fed policy remains prevalent.

    3 tech stocks moving markets this week

    1. NVIDIA (NASDAQ:NVDA)

    NVIDIA reported stronger-than-expected Q3 earnings with revenue of US$57 billion, beating expectations of US$55 billion, and earnings per share of US$1.30 versus the predicted US$1.25. The company also offered an optimistic Q4 revenue forecast of US$65 billion, surpassing analysts’ expectations of US$62 billion.

    However, he also noted that the sustainability of this growth depends on continued investor confidence.

    He warned that, similar to past tech bubbles like the dot-com era, AI companies today may be overvalued, with expectations currently outpacing reality. Murillo cautioned that while AI is making breakthroughs, its practical applications are still limited, and there is risk that an AI bubble could burst, impacting even large tech giants.

    Despite recent share price declines amid debates of an AI bubble, CEO Jensen Huang reassured investors, stating, “There’s been a lot of talk about an AI bubble. From our vantage point, we see something very different.”

    After a midweek gain of over 5 percent due to its earnings report, NVIDIA posted a weekly loss of 3.79 percent.

    2. Alphabet (NASDAQ:GOOGL)

    Alphabet rallied in early trading on Monday after Berkshire Hathaway (NYSE:BRK.A,NYSE:BRK,B) disclosed a US$4.3 billion stake in the company and reduced its stake in Apple (NASDAQ:AAPL). Alphabet then released Gemini 3 on Tuesday. The updated AI model has enhanced reasoning, coding and multimedia, alongside Antigravity, a Gemini-powered coding platform, and Nano Banana Pro, its latest detailed image-generation model.

    The week’s momentum was further fueled by reports that Google is on the verge of securing a US$1 billion annual deal with Apple to power the next-generation Siri, underscoring its dominant AI position across rival platforms.

    The company ended the week 4.86 percent higher.

    3. Apple (NASDAQ:AAPL)

    Apple was the steady pillar of tech resilience this week.

    With no obvious catalyst driving its price action this week, the company has maintained gains and investor interest following the strong earnings and product launches from earlier weeks.

    Consistency speaks to Apple’s enduring market strength and the confidence investors have in its long-term growth trajectory as it integrates AI across its product and services ecosystem.

    The company posted a modest advance of 0.99 percent for the week.

    NVIDIA, Alphabet and Apple performance, November 17 to 21, 2025.

    NVIDIA, Alphabet and Apple performance, November 17 to 21, 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 5.28 percent, while the Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) saw a weekly loss of 5.14 percent.

              The VanEck Semiconductor ETF (NASDAQ:SMH) decreased by 4.63 percent.

              Tech news to watch next week

              With fewer major tech earnings reports expected next week, market focus will likely shift to key economic data releases. Dell Technologies (NYSE:DELL) will deliver its Q3 results on November 25.

              Analysts predict earnings of around US$2.48 per share, representing approximately 15 percent year-on-year growth. Revenue estimates hover around US$27.29 billion, suggesting nearly 12 percent annual growth.

              Important economic reports include the US Consumer Confidence Index on November 25 and the Personal Consumption Expenditures price index on November 26.

              US markets will close on November 27 for Thanksgiving and have a shortened session on November 28. November 28 will also bring Canada’s Q3 GDP release.

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

              This post appeared first on investingnews.com

              Here’s a quick recap of the crypto landscape for Friday (November 21) as of 9:00 a.m. UTC.

              Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

              Bitcoin and Ether price update

              Bitcoin (BTC) was priced at US$83,590.70, down by 10.4 percent over 24 hours. Its lowest price of the day was US$81,868.75 and its highest was US$91,971.75.

              Bitcoin price performance, November 21, 2025.

              Bitcoin price performance, November 21, 2025.

              Chart via TradingView.

              Bitcoin’s slide continues as it heads for its worst month since the 2022 crypto crash.

              The largest cryptocurrency fell and touched US$81,000 on Friday before recovering to around US$84,166, extending a monthly decline of about 23 percent that marks its heaviest drop since June 2022.

              Despite pro-crypto messaging from the Trump administration and a year of strong institutional adoption, Bitcoin has now fallen more than 30 percent from its early-October record high.

              The downturn accelerated following the massive October 10 liquidation event that erased US$19 billion in leveraged positions and wiped roughly US$1.5 trillion from the combined value of all cryptocurrencies.

              Institutional flows reflect the same caution. US-listed Bitcoin ETFs have recorded a record US$3.79 billion in outflows this month, surpassing February’s previous high, with BlackRock’s IBIT alone seeing more than US$2 billion in redemptions.

              In total, about US$1.2 trillion has been wiped from crypto markets over the past six weeks, according to CoinGecko data.

              Ether (ETH) was at US$2,736.63, down 11.2 percent over 24 hours. Its lowest price on Friday was US$2,675.70 and its highest was US$3,033.20.

              Altcoin price update

              • XRP (XRP) was priced at US$1.94, down by 12.2 percent over 24 hours. Its lowest price of the period was US$1.86 and its highest was US$2.13.
              • Solana (SOL) was trading at US$128, down by 13 percent over 24 hours. Its lowest price of the day was US$123.30 and its highest was US$141.97.

              Fear and Greed Index snapshot

              As of Friday, CMC’s Crypto Fear & Greed Index has plunged to 11, firmly in “extreme fear” and its lowest level since late 2022.

              Reports of large-scale whale liquidations have added to the uncertainty, amplifying pressure across an already fragile market. Further, traders brace for potential Federal Reserve inaction on rate cuts. CME’s FedWatch now shows only 37.6 percent expecting a 25-basis-point cut in December, while more than 62 percent anticipate no change, a reversal from near-even odds just a week ago.

              Prediction market Polymarket reflects the same trend, pricing a 63 percent chance of no move after sentiment flipped late Tuesday.

              CMC Crypto Fear and Greed Index, Bitcoin price and Bitcoin volume.

              CMC Crypto Fear and Greed Index, Bitcoin price and Bitcoin volume.

              Chart via CoinMarketCap.

              Today’s crypto news to know

              Bitcoin logs weakest month since 2022

              Bitcoin is heading for its steepest monthly decline since the wave of corporate failures that hit the crypto sector in 2022, with the token sliding below US$82,000 on Friday.

              Its November losses have now reached roughly 25 percent, reversing much of the momentum that carried prices to record highs in early October.

              Overall, data from CoinGecko shows the total crypto market value dipping back under US$3 trillion as Ether and mid-cap tokens recorded similar double-digit declines.

              Analysts link the downturn to cascading liquidations that began on October 10, when nearly US$19 billion in leveraged bets were wiped out in a single session. Selling pressure intensified again this week with a two-day liquidation tally topping US$2 billion, according to CoinGlass.

              Long-dormant whale activity has added to uncertainty after a wallet holding Bitcoin since 2011 unloaded more than US$1.3 billion in late October.

              S&P stocks shed US$2.7 trillion

              A sharp pullback across US equities sparked another wave of risk-off trading in crypto, sending Bitcoin to its weakest level in seven months.

              The S&P 500’s nearly 4 percent decline on Thursday erased more than US$2.7 trillion in market value, according to Bloomberg calculations, overshadowing an earlier bounce driven by enthusiasm around AI-linked earnings.

              Crypto assets fell in tandem, with Bitcoin briefly revisiting the US$85,000 range and total liquidations surpassing US$800 million for the day.

              Coinbase rolls out Ether-backed loans

              Coinbase has launched a new lending feature that allows eligible US users to borrow up to US$1 million in USDC by using Ether as collateral.

              The product is integrated with the Morpho protocol on Base, though users interact with it entirely through Coinbase’s interface. Borrowers keep exposure to ETH’s price movements while accessing liquidity without having to sell their holdings.

              The company says the service is available across most US states, with the exception of New York due to regulatory requirements.

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

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

              This post appeared first on investingnews.com

              MP Materials (NYSE:MP) and the US Department of Defense have entered into a joint venture with Saudi Arabia’s Maaden to build a rare earths refinery in the Kingdom, marking the first major project under a new US-Saudi critical minerals cooperation framework signed in Washington this week.

              The binding agreement gives both the US and MP a collective 49 percent stake in the refinery.

              Maaden will hold not less than 51 percent, and the refinery will be built in Saudi Arabia, where it will process feedstock from both local deposits and international sources. Once operational, it will produce separated light and heavy rare earth oxides for customers in the US, Saudi Arabia and allied countries.

              Rare earths are essential for the production of weapons systems, electric vehicles, renewable energy technologies and high-performance electronics. Secure supply has become increasingly important due to China’s sector dominance.

              James Litinsky, MP’s founder and CEO, said the company views the partnership as an extension of its strategic role in Washington’s efforts to diversify global supply chains. “We are honored that the U.S. government asked MP to partner on a project of this magnitude and importance for America and its allies,” he said.

              Maaden CEO Bob Wilt said the project fits squarely within the Kingdom’s national mining and industrial strategy.

              “This JV is a significant step forward in the development of this important global sector, underpinned by the support of Saudi Arabia’s Ministry of Energy and the Ministry of Industry and Mineral Resources,” Wilt noted.

              The joint venture was negotiated under a critical minerals framework signed by senior US and Saudi officials this week. The document is intended to formalize cooperation on rare earths, battery metals and other strategic inputs.

              For Washington, the initiative reflects an effort to reshape supply chains away from geopolitical competitors. For Riyadh, it supports a long-term plan to leverage energy resources and expand its footprint in high-tech materials markets.

              Financially, the deal is structured to be light in capital for MP.

              The Department of Defense will fund the entire US contribution to the venture on a non-recourse basis, allowing MP to deploy technical expertise in separation and refining without taking on debt tied to the refinery’s construction.

              The Saudi venture also connects to MP’s growing public-private alignment with the US defense sector.

              In July, the company and the Department of Defense announced a multibillion-dollar partnership to accelerate the buildout of a domestic rare earth magnet supply chain. Under the partnership, MP is also constructing a second magnet manufacturing facility known as the 10X Facility, which is expected to begin commissioning in 2028.

              When completed, MP’s total US magnet output will reach roughly 10,000 metric tons annually.

              Beyond government partnerships, MP has also moved into large-scale commercial magnet supply. Also in July, Apple (NASDAQ:AAPL) and MP announced a US$500 million long-term agreement that will supply Apple with magnets manufactured in the US using 100 percent recycled rare earths feedstock.

              Under the arrangement, MP will expand its Fort Worth, Texas, Independence factory to produce components for hundreds of millions of Apple devices starting in 2027. Apple and MP spent nearly five years jointly developing recycling techniques to meet the company’s performance and design requirements.

              MP will add a dedicated recycling line at Mountain Pass to support commercial scale as magnet production ramps.

              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 First Nation-owned mining project in Northern Manitoba is drawing national attention after new assessments suggest it could become a major North American source of magnesium.

              Norway House took full ownership of the Minago nickel property in November 2024, and has since rebranded it as a critical minerals project after discovering large quantities of magnesium and platinum-group metals.

              “Instead of a nickel project, we found out that we had a treasure chest of all sorts of critical minerals and very obscure minerals that really makes the project much more valuable, and unbelievably more attractive to produce,” Jim Rondeau, the community’s major projects director and a former Manitoba cabinet minister, told CBC.

              In focus is a 60 meter band of dolomite rock containing what Rondeau described as a significant concentration of pure magnesium. In his view, the site could “rival the Ring of Fire in Ontario.”

              “We could be producing all of the magnesium for Canada and the US for generations,” he added.

              Magnesium, which is listed as a critical mineral in Canada, is prized for its use in aluminum alloys for automobiles, machinery and advanced manufacturing. It also has roles in aerospace and clean energy applications.

              Norway House estimates production could begin by 2027, but reaching that point will require an investment of roughly C$1.3 billion. Based on a 2011 assessment, Rondeau said the mine has the potential to produce more than C$20 billion a year, and he believes that number could climb dramatically with the newly identified platinum-group metals.

              Still, he emphasized the project cannot move ahead without support. Norway House has asked the federal government for about C$110 million and the province for roughly C$60 million to cover infrastructure and skills training.

              To date, provincial support has been limited. Manitoba has provided C$50,000 from its mineral development fund for magnesium testing, along with ongoing non-financial assistance on permitting and quarry licensing.

              Magnesium production is heavily centered in China, which currently supplies approximately 85 percent of the world’s demand. This concentration exposes North American manufacturers to price volatility and geopolitical risk.

              West High Yield secures Record Ridge approval

              While Manitoba’s Minago project is currently capturing national attention, BC has quietly emerged as another potential frontier for magnesium-mining activity in North America.

              In October, West High Yield Resources (TSXV:WHY,OTC Pink:WHYRF) received final approval from BC’s Ministry of Mining and Critical Minerals to develop and operate its Record Ridge industrial minerals mine near Rossland.

              The provincial Mines Act Permit allows construction and operations after extensive environmental assessments and consultations with Indigenous and local communities.

              The project will focus on magnesium, but the site also contains silica, nickel and iron.

              The company’s long-term goal is to establish Canada’s first magnesium-refining plant.

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

              This post appeared first on investingnews.com

              Amazing AI plc (AQSE: AAI) – 20 November 2025: AAI is a global fintech group with a Digital Asset Treasury Policy that provides online consumer loans and AI finance-related services. AAI announces that the Company is exploring its options to dual list on the Mauritius Stock Exchange and OTCQB Market in the US and will provide updates to the market should applications proceed accordingly.

              This announcement contains inside information for the purposes of the UK Market Abuse Regulation, and the Directors of the Company accept responsibility for the contents of this announcement.

              Enquiries:

              Amazing AI plc

              Paul Mathieson – Chief Executive Officer

              aai@amazingaiplc.com

              Guild Financial Advisory Limited (Corporate Adviser)

              Ross Andrews

              ross.andrews@guildfin.co.uk

              Evangeline Klaassen

              evangeline.klaassen@guildfin.co.uk

              About Amazing AI plc

              Amazing AI plc (AAI) is a global fintech group with a diversified Digital Asset Treasury Policy, that provides online consumer loans and AI finance-related services. AAI leverages its regulated licensed lending and collections operations, experience and network to distribute best-of-breed AI finance-related services internationally, specifically focused on lending, collections and debt financing services. AAI operates under the consumer brand Mr. Amazing Loans in the United States with 6 state consumer lending licenses/certificates of authority and an established track-record of lending, collections and regulatory compliance for over 15 years.

              For more information please visit: www.amazingaiplc.com and www.aquis.eu/companies/aai

              Important Notices

              Amazing AI plc (the ‘Company’), via its 100% owned Mauritius subsidiary Amazing AI Services Ltd, holds treasury reserves and surplus cash in digital assets. Whilst the Board of Directors of the Company considers holding digital assets to be in the best interests of the Company, the Board remains aware that the financial regulator in the UK (the ‘Financial Conduct Authority’ or ‘FCA’) considers investment in digital assets to be high risk. At the outset, it is important to note that an investment in the Company is not an investment in digital assets, either directly or by proxy. However, the Board of Directors of the Company consider digital assets to be an appropriate store of value and growth for the Company’s reserves and, accordingly, the Company is materially exposed to digital assets. Such an approach is innovative, and the Board of Directors of the Company wish to be clear and transparent with prospective and actual investors in the Company on the Company’s position in this regard.

              The Company is neither authorised nor regulated by the FCA and digital assets are unregulated in the UK. As with most other investments, the value of digital assets can go down as well as up, and therefore the value of digital asset holdings can fluctuate. The Company may not be able to realise any future digital asset exposure for the same as it paid in the first place or even for the value the Company ascribes to digital asset positions due to these market movements. As digital assets are unregulated, the Company is not protected by the UK’s Financial Ombudsman Service or the Financial Services Compensation Scheme.

              Nevertheless, the Board of Directors of the Company has taken the decision to invest in digital assets, and in doing so is mindful of the special risks digital assets presents to the Company’s financial position. These risks include (but are not limited to): (i) the value of digital assets can be highly volatile, with value dropping as quickly as it can rise. Investors in digital assets must be prepared to lose all money invested in digital assets; (ii) the digital assets market is largely unregulated. There is a risk of losing money due to risks such as cyber-attacks, financial crime and counterparty failure; (iii) the Company may not be able to sell digital assets at will. The ability to sell digital assets depends on various factors, including the supply and demand in the market at the relevant time. Operational failings such as technology outages, cyber-attacks and comingling of funds could cause unwanted delay; and (iv) digital assets are characterised in some quarters by high degrees of fraud, money laundering and financial crime. In addition, there is a perception in some quarters that cyber-attacks are prominent which can lead to theft of holdings or ransom demands. The Board of Directors of the Company does not subscribe to such a negative view, especially in relation to digital assets. However, prospective investors in the Company are encouraged to do their own research before investing.

              Caution Regarding Forward Looking Statements

              Certain statements made in this announcement are forward-looking statements. These forward-looking statements are not historical facts but rather are based on the Company’s current expectations, estimates, and projections about its industry; its beliefs; and assumptions. Words such as ‘anticipates,’ ‘expects,’ ‘intends,’ ‘plans,’ ‘believes,’ ‘seeks,’ ‘estimates,’ and similar expressions are intended to identify forward-looking statements. These statements are not a guarantee of future performance and are subject to known and unknown risks, uncertainties, and other factors, some of which are beyond the Company’s control, are difficult to predict, and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. The Company cautions security holders and prospective security holders not to place undue reliance on these forward-looking statements, which reflect the view of the Company only as of the date of this announcement. The forward-looking statements made in this announcement relate only to events as of the date on which the statements are made. The Company will not undertake any obligation to release publicly any revisions or updates to these forward-looking statements to reflect events, circumstances, or unanticipated events occurring after the date of this announcement except as required by law or by any appropriate regulatory authority.

              Source

              This post appeared first on investingnews.com

              Speaker Mike Johnson, R-La., is signaling openness to making it harder for House lawmakers to punish each other via a censure resolution.

              The congressional leader sat down for an interview with Fox News Digital on Friday, the first week the House returned since the beginning of the 43-day government shutdown began on Oct. 1.

              But the five-day legislative week was marked by volatile politics, with three separate lawmakers forcing votes on rebuking one of their colleagues — out of five total threats to do so.

              ‘There is a large groundswell of bottom up consternation about that. The members are so frustrated by what this has become — and I mean across the Republican conference, and I think on the Democrat side as well,’ Johnson said. ‘I’ve told everybody I’m open to those discussions, because I’m more frustrated than anyone about how this is devolved. I think we’ve got to protect the institution.’

              Johnson said those talks have focused specifically on raising the threshold it takes to push a censure. 

              Currently, any one lawmaker can introduce a censure resolution against another. Both Republicans and Democrats have also wielded a mechanism this week known as a ‘privileged resolution’ to force an immediate vote on rebuking a colleague.

              Johnson said there’s ‘a lot of ideas’ being floated on changing the system.

              ‘I’ve had members from across the conference bringing me their thoughts and ideas on that, and we’ll be going through that in a deliberative fashion to figure out what makes the most sense,’ he said.

              The speaker did not directly commit to a House-wide vote on legislation to change the rule on censure, but he said, ‘I think most of the discussion thus far, again this is coming from members, is that we should raise the threshold so that it can’t just be a one-off individual quest by someone. You’ve got to have some agreement by some small group of members to do it.’

              ‘That would probably make it a more meaningful and useful tool, and not one that’s abused,’ Johnson said. ‘We don’t have consensus around any particular idea, but it is something that the vast majority of the members of the body are talking about right now.’

              He also pushed back on media reports that suggested he wanted to change rules around discharge petitions, another mechanism rank-and-file lawmakers can use to force their will on House leaders.

              Johnson said it was not something he was even considering at the moment.

              A discharge petition allows lawmakers to initiate a vote on a measure despite leadership’s objections, provided that petition has support from a majority of the House.

              It was most recently used successfully by Reps. Ro Khanna, D-Calif., and Thomas Massie, R-Ky., on a bill forcing the Department of Justice (DOJ) to release its files on Jeffrey Epstein.

              Johnson ended up voting for the bill along with all but one House lawmaker, despite airing concerns about its language possibly not doing enough to protect the privacy of Epstein’s victims and other innocent people whose names may be caught up in the process.

              He told Fox News Digital, however, that he is not looking at making changes to that process.

              ‘Somebody quoted me as saying, ‘I’m going to raise the threshold for discharges’, but that hasn’t even been part of the discussion and not something that I’ve anticipated,’ Johnson said. ‘This discussion has been solely focused on the censure, because it’s so commonly used now.’

              Censures are traditionally a rare rebuke reserved for the most egregious instances of violating House decorum. They’ve been used more and more frequently, however, in today’s increasingly tense political environment.


              This post appeared first on FOX NEWS

              Lawyers for John Bolton and the Trump administration appeared in federal court in Maryland Friday to discuss next steps in the criminal case for Trump’s former national security adviser, who was indicted last month on charges of mishandling classified and sensitive materials.

              Bolton was indicted last month on 18 criminal charges stemming from his alleged retention and transmission of classified and sensitive materials during Trump’s first term, including national defense information.

              Authorities have accused him of sending more than 1,000 ‘diary-like’ updates to his wife and daughter between 2018 and 2019 via emails and texts, including classified information from intelligence briefings and meetings with foreign officials. 

              The pre-trial hearing in Bolton’s case on Friday was largely a procedural one, centered on next steps for both parties to review the breadth of discovery materials Bolton is accused of illegally retaining and transmitting.

              If nothing else, it underscored the fact that Bolton’s trial is unlikely to take place for quite some time. The deadlines that both parties agreed to will put discovery in the case well into 2026, with a status conference in the case scheduled for October of next year. A trial date has not yet been set.

              U.S. District Judge Theodore D. Chuang seemed reluctant to accept the government’s lengthy proposed timeline for the document review process to take place, noting the government’s obligations under the Speedy Trials Act, which sets time limits for federal criminal trials. 

              Seven months ‘is a very long time,’ Chuang told Thomas Sullivan, the lead prosecutor for the Justice Department, referring to the proposed May 22, 2026, date to produce discovery.

              ‘How many documents are in play here? Frankly, most of this should have been done before the indictment,’ Chuang noted. ‘Even assuming that couldn’t be completed, I still can’t understand why it would take seven months.’

              In response, prosecutors noted that they still need to sort through some 1,000 pages of single-space documents obtained from Bolton’s home, and reiterated they have set ‘aggressive deadlines’ for the intelligence community to review the documents.

              Bolton’s lawyer, Abbe Lowell, said in response that there are as many as three electronic devices that they haven’t ‘even started the process’ of reviewing, and which all must be reviewed by the filter team. 

              Chuang ultimately agreed to grant a modified review schedule for the documents in question. Parties were ordered to submit by January 12 the first tranche of 10 documents prosecutors have described as being at the ‘heart’ of Bolton’s indictment.

              They will also submit a joint status report detailing for the court where they are in the discovery process, and proposing the next interim deadline and the scope of materials that will be reviewed before then. 

              The hearing comes as Bolton has attempted to cast his criminal case as part of a broader effort by the Trump administration to go after his perceived political foes, including former FBI Director James Comey and New York Attorney General Letitia James.

              Still, the case against Bolton differs significantly. 

              Unlike those cases, Bolton’s investigation into his handling of classified materials moved forward in part during the Biden administration, and career prosecutors in the U.S. Attorney’s office signed off on the charges — a contrast to the cases against Comey and James, which were brought by Trump’s former attorney, Lindsey Halligan.

              Bolton, who pleaded not guilty to all charges last month, was ordered released by a magistrate judge on the condition that he remain in the continental United States and surrender his passport.

              In a statement released after his indictment, Bolton said, ‘I have become the latest target in weaponizing the Justice Department to charge those he deems to be his enemies with charges that were declined before or distort the facts.’


              This post appeared first on FOX NEWS

              Platinum appears to be headed for its first broadly balanced year since 2021, with new projections pointing to a small surplus in 2026 as supply recovers and investment demand retreats from unusually elevated 2025 levels.

              The latest Platinum Quarterly from the World Platinum Investment Council (WPIC) shows the market is still firmly set for a deficit in 2025, with a shortfall of 692,000 ounces, equal to roughly 9 percent of annual demand.

              However, 2026 may be a turning point where the extreme tightness of recent years begins to ease — not because demand is weakening broadly, but because investment activity is expected to normalize.

              Platinum market starting to self-correct

              The platinum price has risen sharply in 2025 alongside a strong performance across precious metals, and the WPIC states that higher prices have started to produce early signs of a “self-solving” market.

              Recycling volumes, which respond more quickly to price incentives than mining output, are increasing at a double-digit pace and are set to play a larger role in 2026. At the same time, the buildup of exchange warehouse stocks linked to tariff uncertainty in the US is expected to unwind next year if trade frictions ease.

              Those trends collectively underpin the WPIC’s baseline forecast for next year: a market moving to near equilibrium, with a small surplus of about 20,000 ounces in 2026.

              High lease rates a key feature of 2025

              While next year’s platinum surplus looks to be modest, it’s worth noting that physical availability of the metal has tightened to levels rarely seen in modern times. Platinum’s implied one month lease rate averaged 15 percent in the third quarter of the year after sitting at only 1 percent through most of 2024, pointing to spot market stress.

              At times in mid-July, lease rates spiked near 40 percent as traders scrambled for metal that was either unavailable in Europe, or locked up in China and the US due to trade-related risk management.

              Even if prices have moderated some of the pressure, elevated lease rates remains a defining feature of 2025.

              The WPIC maintains that many of the concerns around availability stem from the simple drawdown of physical stocks. Years of persistent deficits reduced vaulted inventories in Europe, undermining assumptions that large, accessible stores of metal would remain available to supplement shortfalls.

              Instead, the combination of region-specific demand, US tariff fears and aggressive Chinese imports resulted in metal being redistributed into markets where it could not easily be lent out.

              Platinum supply/demand dynamics in 2026

              The WPIC expects these pressures to ease next year as supply increases.

              Total supply is forecast to rise 4 percent year-on-year in 2026 to 7,404,000 ounces, the highest since 2021.

              Mine production is expected to inch higher, mainly because South African producers will be able to release some of the semi-finished inventory they could not process earlier. Zimbabwean output is also anticipated to improve slightly, while declines in North America and Russia are expected to be relatively modest.

              More importantly, platinum recycling supply is forecast to grow by 10 percent as a direct result of the stronger price environment and increased processing of spent autocatalysts.

              On the flip side, total platinum demand is expected to drop 6 percent to 7,385,000 ounces in 2026, almost entirely because investment flows are set to normalize after an unusually strong 2025.

              Investment demand is projected to fall 52 percent as exchange warehouse stocks unwind and investors take profits after this year’s price surge. The WPIC frames this shift not as weakening sentiment, but as a correction from one-off trade and macro conditions that inflated investment inflows last year.

              Will the platinum price fall in 2026?

              These supply/demand dynamics are expected to produce the narrow surplus projected for 2026.

              However, the report emphasizes that market balance will not necessarily translate into lower prices. Spot physical tightness persists, with many structural constraints remaining in place and investors continuing to allocate toward hard assets given interest rate expectations and growing concerns around critical minerals security.

              A surplus, but still a fragile market

              The WPIC suggests that the 2026 surplus should be viewed as tentative and highly sensitive to disruptions.

              Platinum mine supply remains vulnerable to operational and logistical issues, with output from South Africa and Russia being exposed to infrastructure pressure, equipment shortages and grade declines.

              Moreover, the Section 232 US trade investigation is adding to the uncertainty. Delayed by the extended government shutdown, the review has been seen as a major driver of exchange warehouse inflows in 2025.

              The outcome will shape how quickly those stocks return to the market, and whether regional price differentials persist into 2026, especially after China revoked its longstanding tax rebate on imported platinum this year.

              Taken together, the WPIC’s outlook for 2026 portrays a market that is no longer defined by scarcity, but not yet comfortably supplied. After years of sizable deficits, a small surplus could dampen opportunities, but tightness in physical availability and the role of trade politics in shaping the market may still support the price.

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

              This post appeared first on investingnews.com