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The State Department’s allegation that China conducted a yield-producing nuclear test in 2020 is reigniting debate in Washington over whether the United States can continue its decades-long moratorium on nuclear weapons testing. 

U.S. officials warned that Beijing may be preparing tests in the ‘hundreds of tons’ range — a scale that underscores China’s accelerating nuclear modernization and complicates efforts to draw Beijing into arms control talks.

Under Secretary of State for Arms Control and International Security Thomas DiNanno said recently that the United States has evidence China conducted an explosive nuclear test at its Lop Nur site.

‘I can reveal that the U.S. government is aware that China has conducted nuclear explosive tests, including preparing for tests with designated yields in the hundreds of tons,’ DiNanno said during remarks at the United Nations Conference on Disarmament.

He added that ‘China conducted one such yield-producing nuclear test on June 22 of 2020.’

DiNanno also accused Beijing of using ‘decoupling’ — detonating devices in ways that dampen seismic signals — to ‘hide its activities from the world.’

China’s foreign ministry has denied the allegations, accusing Washington of politicizing nuclear issues and reiterating that Beijing maintains a voluntary moratorium on nuclear testing.

But the accusation has sharpened questions about verification, deterrence and whether the U.S. stockpile stewardship program — which relies on advanced simulations rather than live detonations — remains sufficient in an era of renewed great-power nuclear competition.

Why small nuclear tests are hard to detect

Detecting small underground nuclear tests has long been one of the thorniest problems in arms control.

Unlike the massive atmospheric detonations of the Cold War, modern nuclear tests are conducted deep underground. If a country uses so-called ‘decoupling’ techniques — detonating a device inside a large underground cavity to muffle the seismic shock — the resulting signal can be significantly reduced, making it harder to distinguish from natural seismic activity.

That vulnerability has been debated for decades in discussions over the Comprehensive Nuclear-Test-Ban Treaty, which China signed but never ratified. Even a relatively small underground detonation can provide valuable weapons data while remaining difficult to detect.

‘If you detonate a device inside a large underground cavity, you can significantly attenuate the seismic signature,’ said Chuck DeVore, chief national initiatives officer at the Texas Public Policy Foundation and a former Pentagon official. ‘That makes it much harder to detect with confidence.’

Are simulations enough?

China signed the Comprehensive Nuclear-Test-Ban Treaty in 1996 but has not ratified it, and the treaty has never entered into force. It has maintained a voluntary testing moratorium — a commitment that a yield-producing detonation would contradict.

As China expands its nuclear arsenal and major arms control frameworks falter, the Cold War principle of ‘trust but verify’ is under growing strain.

‘The arms control community should feel thoroughly discredited at this point,’ DeVore said, arguing that policymakers should not assume Western restraint will be reciprocated by Beijing.

For decades, the U.S. has relied on the Stockpile Stewardship Program — advanced computer modeling and simulations — to ensure its weapons remain reliable without explosive testing. DeVore warned that this approach may no longer be sufficient if competitors are conducting live detonations.

‘The question presupposes that we only live in a technical world,’ he told Fox News, arguing that relying solely on simulations while rivals ‘cheat at every treaty they’ve ever signed’ risks leaving the United States behind.

DeVore also pointed to what he described as a growing institutional challenge.

‘Virtually everyone who had direct experience with live testing is now retired,’ he said. ‘Rebuilding that expertise would take years.’

But not all nuclear experts agree that resuming testing is the answer.

Henry Sokolski, executive director of the Nonproliferation Policy Education Center, cautioned that a return to live detonations would be far more complex and costly than critics of the current system suggest.

‘Yield testing isn’t a magic switch,’ Sokolski said. ‘If you want meaningful reliability data, you don’t do one test — you do many.’

He noted that the United States conducted more than 1,000 nuclear tests during the Cold War, building a deep database that now underpins the program. Restarting that process, he argued, would likely require years of preparation and significant funding before yielding strategic benefits.

‘The debate isn’t pro-nuclear weapon versus anti-nuclear weapon,’ Sokolski said. ‘It’s about what’s technically necessary and what’s economical.’

A debate inside the weapons complex

Sokolski said the disagreement extends even within the U.S. nuclear weapons complex.

‘Certainly at one of our major labs that likes using calculations — that’s Livermore — they would say you’re home,’ he said, referring to confidence in advanced simulations and hydrodynamic modeling.

Others place greater weight on empirical validation and preserving the option of live testing.

The dispute, he said, is not ideological but technical — centered on confidence levels, cost and long-term strategic planning.

Allies and the credibility question

The implications extend beyond Washington and Beijing. 

Sokolski warned that the credibility of ‘extended deterrence’ — the U.S. commitment to defend allies under its nuclear umbrella — could come under strain if doubts grow about American resolve or capability.

‘Do they think you’re going to come to their defense?’ Sokolski said. ‘If they don’t, it doesn’t matter how reliable your weapons are, extended deterrence isn’t going to work very well.’

Allies such as Japan and South Korea long have relied on U.S. nuclear guarantees rather than pursuing independent arsenals. Any perception that the balance is shifting could complicate regional stability and long-standing nonproliferation efforts.

The policy crossroads

For now, U.S. lab directors continue to certify that the American arsenal remains safe, secure and reliable without explosive testing. But Heather Williams, director of the Project on Nuclear Issues at the Center for Strategic and International Studies, said sustained testing by competitors — particularly absent transparency — could alter that calculus.

‘If Russia and China continue their nuclear testing activities without providing some sort of transparency, then the technical community might make a different assessment,’ she said.

The debate confronting U.S. policymakers is not simply whether to test, but under what conditions testing would meaningfully strengthen deterrence rather than accelerate competition.

Trump previously has suggested the U.S. should ensure testing ‘on an equal basis’ with competitors, though his administration has not formally announced a policy shift.

Trump in October 2025 suggested the U.S. should consider resuming nuclear weapons testing ‘on an equal basis’ with other powers, and at one point said that if others were testing, ‘I guess we have to test.’ 

The president did not clarify whether he meant full nuclear explosive detonations, which the U.S. has not conducted since 1992,  or other forms of testing such as delivery system evaluations that do not involve nuclear explosions. Any return to explosive testing would represent a significant shift in U.S. policy.

The White House did not immediately return a request for comment. 


This post appeared first on FOX NEWS

The Senate inched closer to striking a compromise on a Homeland Security (DHS) funding deal as the partial government shutdown entered its fourth day Tuesday.

Whether Senate Democrats and the White House can reach a deal this week while lawmakers are out of town remains an open question.

Negotiations between the Trump administration and Senate Democrats were seemingly at an impasse through much of Monday after little activity over the weekend. The White House provided a counteroffer to Democrats’ list of demands midway through last week, which they summarily rejected and, in turn, blocked attempts to fund DHS.

But that changed when Senate Minority Leader Chuck Schumer’s, D-N.Y., office announced that Senate Democrats had sent their counterproposal to the White House late Monday night. 

Senate Majority Leader John Thune, R-S.D., was wary of whether Schumer and his caucus would actually put forth a response, but remained hopeful that negotiations would continue. 

‘We’ll see if they are at all serious about actually getting a solution to this, or whether they just want to play political games with these really important agencies,’ Thune told Fox News Digital. 

He also noted that lawmakers went through the same exercise last year when Senate Democrats slow-walked negotiations during the 43-day shutdown.  

‘It’s wrong, in my view, for Democrats to use these folks as collateral in yet another harmful government shutdown,’ Thune said.

The administration wants to keep the dialogue going, a White House official told Fox News Digital.

‘The Trump administration remains interested in having good-faith conversations with Democrats,’ the White House official said.

The official noted that Senate Democrats’ refusal to extend DHS funding is affecting several key functions under the agency’s umbrella, including the Transportation Security Administration (TSA), the Federal Emergency Management Agency (FEMA), the U.S. Coast Guard and the U.S. Secret Service.

‘President Trump has been clear — he wants the government open,’ the official said.

The partial government shutdown, which went into effect over the weekend, stems from Schumer and Senate Democrats’ demands for reforms to Immigration and Customs Enforcement (ICE).

ICE operations are unlikely to be significantly affected by the lapse in DHS funding, as legislation backed by President Donald Trump allocates billions of dollars to immigration enforcement.

Both sides remain at odds over how far those changes should go. Senate Republicans have signaled willingness to cede some ground but have drawn a red line on certain demands, such as requiring ICE agents to obtain judicial warrants or prohibiting them from wearing face coverings during enforcement actions.

Senate Democrats, however, describe their 10 demands as straightforward reforms designed to ensure federal immigration agents adhere to standards similar to those governing local and state police.

‘There’s not much we need to figure out,’ Sen. Elizabeth Warren, D-Mass., told Fox News Digital. ‘Either you think ICE agents are special, and they get to own our streets with no accountability, or that ICE agents should follow the same rules as everyone else — that’s all Democrats are asking for.’


This post appeared first on FOX NEWS

At the end of January, President Trump penned a triumphant op-ed declaring “Mission Accomplished” for the signature economic policy of his second term: tariffs.

Unfortunately, his entire victory lap revolved around phony numbers, cherry-picked facts, and a strawman caricature of his critics’ arguments.

Trump began by claiming all the “so-called experts” predicted his tariffs would trigger “a global economic meltdown.” Instead, he boasts, they’ve ushered in “an American economic miracle.”

He’s wrong on both counts. 

It’s true that some economists did fear a recession right after his “Liberation Day” extravaganza. But that was before the president “chickened out” less than a week later. Why, pray tell, did the self-styled “Tariff Man” get cold feet? Lest we fall prey to his attempt to retcon that episode: GDP growth did decline, the stock market did crash, and bond markets did signal a five-alarm fire. 

Once Trump retreated, economists recalibrated. As John Maynard Keynes supposedly quipped, “When the facts change, I change my mind. What do you do, sir?” No credible economists predicted that his revised, milder slate of tariffs would plunge us into depression. 

Why not? There are many reasons. Most notably, the US is a massive economy, so trade, while vital, accounts for a fairly small share of our GDP. Tariffs are thus unlikely to cause a recession. 

Tariffs disrupt economic activity mainly by diverting resources away from their most productive uses. They also limit people’s choices and lower the quality of products we can buy. All this inhibits growth, just not in ways that sharply reduce GDP (at least not in the short run). The damage that tariffs inflict is more akin to a slow-moving cancer than a sudden heart attack. 

Trump loves to tout that 4.3 percent annualized growth estimate for Q3 2025. Yet he neglects to mention his -0.6 percent growth rate during his tariff spree in Q1 2025. Experts project that actual growth for 2025 will fall somewhere between 2.2 percent and 2.5 percent — well below Sleepy Joe’s nothing-to-write-home-about 2.8 percent mark in 2024.

Incidentally, this 0.2-0.5 percent decline in real GDP is exactly in line with what economists predicted. Is 2.5 percent growth catastrophic? No. But it’s hardly an “economic miracle.” And it’s a far cry from the 5 percent growth we’ve been promised.  

Another stat he conveniently omits: manufacturing employment has declined for nine straight months since Liberation Day. On that day, the White House predicted tariffs would add 2.8 million manufacturing jobs. Instead, we’ve lost 70,000.

So much for Trump’s claim that tariffs would usher in a “golden age” in which manufacturing factories and jobs come “roaring back.”

But what about inflation? According to Trump, all the experts predicted skyrocketing inflation.

Here again, Trump’s quarrel is with a strawman, not economists. 

Economists never said that tariffs immediately or inevitably spark “massive inflation.” If we did, we’d have a devil of a time explaining the massive deflation that followed the infamous Smoot-Hawley tariffs of 1930. (Evidently, Trump skipped this class with his buddy Ferris.) 

Our claim has always been more nuanced: Tariffs inflict their harm mostly by distorting relative prices — not setting off ever-accelerating inflation. It’s unlikely, then, that tariffs will show up much in the overall inflation rate. What’s certain, however, is that restricting trade will slow growth by reducing efficiency, leaving consumers with “less bang for their buck.”

Now ask yourself: doesn’t that resonate with your lived experience over the past year? 

Trump correctly notes that: “Economic growth does not cause inflation — in fact, often it does the exact opposite.” Hear, hear! Economists agree: higher growth should lower prices, not raise them. So why, then, Mr. President, has inflation risen from 2.3 percent to three percent since April? (Contrary to the administration’s claim that there’s “virtually no inflation.”) Might slower growth and higher import costs be partly to blame? With all the hullabaloo the president has caused over at the BLS, we may never know. 

But at least those freeloading foreigners are being forced to “eat the tariffs,” right? Well, about that…

Trump loves to point out that billions in tariff revenue are “pouring in” to the Treasury each month. Economists yearn to snap back: “But who is paying it?!” 

In his article, Trump cites a Harvard study that “found” foreigners are paying “at least 80%” of the tariffs. One minor problem: the study found the exact opposite: import prices are rising twice as fast as domestic goods prices, and virtually all of that burden has been borne by US firms and consumers. A different study found that Americans pay 96 percent of the tariffs. Evidently, Trump didn’t do his homework (or perhaps his ghostwriter put too much faith in ChatGPT). 

Trump also takes credit for our declining monthly trade deficits. A reporter should follow up by asking: If trade deficits are so bad, Mr. President, then why don’t you cut your own hair to eliminate your trade deficit with your barber? Trade deficits sound scary, but they’re not. They don’t make us poorer. They aren’t akin to budget deficits. They entail no debt and impose zero obligation. They simply reflect net trade flows between nations. Truth be told, economists don’t think there’s any point in tallying trade “deficits.” What matters for our economic wellbeing isn’t net trade flows — it’s the total volume of trade and how easy it is to trade with foreigners. Trade, by definition, makes both sides richer. The more we trade, the better off we are — regardless of which direction that trade flows. 

Trump claims he’s used tariff threats to “secure colossal investments in America.” According to the Dealmaker-in-Chief, he’s raised about $20 trillion in foreign direct investment. If that gaudy figure sounds too good to be true, it’s because it is. Turns out, it’s easy for foreigners to pledge big-ticket investments when the numbers are exaggerated, made up, or include projects already in motion. But none of those pesky details matters to the marketing guru in the Oval. Cosmetics trump substance. What matters is that it sounds good and makes for eye-popping headlines. 

Trump’s strongest case for restricting trade is national security. Contrary to popular opinion, we economists aren’t dogmatists on this issue. We agree that it’d be defensible to, for instance, cut off trade with Nazi Germany in, say, 1939. A similar logic may apply to restricting sensitive aspects of trade with China today. Contra Trump, the argument here isn’t that restricting trade makes us richer; it’s that it makes us safer. That security may be worth a minor dent in our GDP. 

Alas, Trump has turned what should be his strongest case for tariffs into his weakest. 

Restricting trade for national security requires tact and the surgical precision of a scalpel. Trump instead went with a sledgehammer. Instead of deftly wielding tariffs to shield strategically-vital industries from bad actors, he slapped them on virtually everyone — friend and foe alike.

Trump’s pugnacious tactics have transformed the US from a reliable trade partner to an economic pariah. Far from using trade as a magnet to bring our friends close and our enemies closer, he’s used it as a wedge to drive everyone away. Latin America and the EU are pivoting east towards China. Even the Canucks are angry with us, for Pete’s sake. 

Sure, other nations don’t always play “fair.” Many impose tariffs on American products. But that’s mostly their loss, not ours. Remember: Tariffs are primarily borne by domestic consumers. The fact that some nations slap dumb tariffs on our exports doesn’t mean that we should retaliate by slapping dumb tariffs on theirs. To borrow a nugget of classical parental wisdom: just because your friends jump off the Brooklyn Bridge doesn’t mean you should, too. 

Trump should be commended for making his case directly to the public. After four years of a Weekend at Bernie’s presidency, it’s refreshing to see a leader who’s not afraid to speak directly to critics. It’s also nice to see Trump lay out his case so thoughtfully in written form. Aside from his erratic Truths and the occasional birthday letter, Trump rarely expresses himself so revealingly in print. Our Supreme Court Justices no doubt appreciate his candor. 

Trump concludes: “Perhaps it’s time for the tariff skeptics” to don one of his signature red caps that reads: “TRUMP WAS RIGHT ABOUT EVERYTHING.”

He’d be wise to heed a proverb from King Solomon: Pride goeth before the fall. Or to put it in non-Biblical terms he’s familiar with: the power of positive thinking ends where reality begins.

Perhaps he’ll get lucky, and the damage wrought by his tariffs will remain hard to trace. Or maybe their unseen costs will eventually become impossible to deny. 

If so, his op-ed won’t be remembered as a triumphant victory lap. It’ll be remembered as his embarrassing “Mission Accomplished” moment.

US Treasury Secretary Scott Bessent has suggested shifting the Federal Reserve from a fixed two-percent inflation target to a broader range. The change may seem minor, but it risks redefining accountability at a moment when inflation has already strained public trust.  

Bessent floated the proposal on December 22 during an appearance on the All-In Podcast. 

“This idea that we can have this decimal point certainty is just absurd,” he declared. 

It would be a major shift in policy if the Fed ended its fixed inflation target mandate.  

While the Fed officially adopted the two-percent inflation target in 2012, governors long considered inflation control a top priority. It was seen by supporters as a way to increase transparency and – more importantly – keep the financial markets stable.  

However, the US hasn’t stayed under its two-percent inflation target for almost five years. 

The inflation target range, argued Bessent, would give the Fed some wiggle room. He said a 1.5 percent to 2.5 percent spectrum or a one-percent to three-percent spectrum made more sense. If the US remained within its inflation target, financial markets would likely be more stable, reducing the risk that investors get spooked if inflation rose by a percentage point or two.

Economists say Bessent’s proposal has merit, given the current economic conditions. 

Dr. David Beckworth, a senior research fellow at the Mercatus Center at George Mason University, argues that a specific inflation point target tends to give a false sense of security and stability. Supply shocks regularly hit economies – influencing inflation – but not affecting the trend rate of inflation, he said. The trend rate is what’s influenced by Fed monetary policies. 

Moving to an inflation target range, Beckworth said, would acknowledge the limits of monetary policy while still anchoring the economy.  

“As long as the average inflation rate over time is near the center of the inflation target range, then this is a great approach in my view,” he said. 

This view is shared by some inside the Fed. Raphael Bostic, president of the Federal Reserve Bank of Atlanta, has said he is open to narrow inflation range targets – such as 1.75 percent to 2.25 percent – warning that precision inflation targets can obscure big-picture issues.

“There’s this illusion of precision that we can move inflation into the third decimal place and that kind of stuff,” he said while admitting that an overly wide range could allow inflation to drift higher.  

That’s why free market economists like Dr. Steve H. Hanke have encouraged a lower spectrum – between 0 percent and two percent – because it keeps the Fed committed to price stability.

Using an inflation range instead of a fixed target isn’t an unusual proposal, and something that is used in other countries. 

Inflation ranges are not a novel idea. Countries including New Zealand, Canada, and Australia adopted them in the early 1990s as part of a plan to stabilize prices. 

In New Zealand, the change coincided with reforms that established central bank independence after years of volatile inflation driven by short-term political motivation. The inflation spectrum allowed central bankers the ability to focus on long-term results without political intervention. 

Canada and Australia adopted similar frameworks after experiencing higher inflation. Those moves helped lower or stabilize prices and encouraged institutional independence without interference from politicians. 

Inflation remained broadly stable in all three countries with the highest spikes occurring after the COVID pandemic. By being focused on the specific goal of lowering inflation, the central banks were able to provide consistency even when governments changed from one political party to the next.  

This is the conundrum the Fed faces should it decide to change policy. The two-percent framework allows the public, Congress, and markets to understand policy outcomes and call for correction. 

The line is blurred under a more flexible framework. When the Fed adopted a flexible average inflation targeting scheme in 2020, it allowed policymakers to average the two-percent inflation target over an unknown period of time. That flexibility made it easier for rising inflation to be framed as temporary, instead of evidence that policy had drifted off course. 

This is why the timing of Bessent’s call for an inflation spectrum raises questions. Such a shift would make more sense if current frameworks were failing in the midst of a massive financial crisis. When inflation surged after the pandemic, the Federal Reserve eventually responded by raising interest rates, correcting a policy failure of its own making. 

With an economy instead limping along under persistent inflation, any change risks being interpreted as moving the goalposts to avoid criticism. That perception further undermines trust in the Federal Reserve rather than restoring it. 

With the Fed’s reputation damaged from policy decisions dating back to the 2008 financial crisis – and exacerbated by its post-COVID policy and persistent inflation – questions remain about the central bank’s competence.  

Economists say any decision to shift from a fixed target to the spectrum would look like giving up on the inflation fight. 

“The premise can’t simply be that it’s too hard to come back to two-percent so it’s okay to adopt a wide window of acceptable inflation,” observed Jai Kedia, a research fellow at the Center for Monetary and Financial Alternatives at the Cato Institute. 

Another concern involves potential White House interference in the Fed’s operations – including President Donald Trump’s criticism of Fed Chair Jerome Powell and attempted firing of Fed Governor Lisa Cook.  

Bessent has said he believes the Treasury Department deserves a say on Fed policy, recalling the Fed-White House relationship during World War II. That ignores why the relationship was broken up – the influence the Franklin Delano Roosevelt administration exerted over Fed monetary policy. When the Fed attempted to lower inflation following the war, the Truman administration not only pressured Fed governors but also lied to the public. 

This is the danger that more White House interference into the Federal Reserve invites. 

Economists expressed concerns that any move to adopt an inflation spectrum would be moving the goalposts to appease the White House. 

“If a change were made — regardless of what it was — the public would think that the Fed was buckling under President Trump and playing games,” warned Hanke. 

That conundrum hasn’t been lost on Bessent. He suggested adopting the inflation spectrum when the two-percent mandate was reached. Bessent believed that would happen sooner rather than later but did not give an exact timeline. 

The Fed is not expected to review its framework until 2031. 

There are serious, good-faith reasons to debate an inflation spectrum in theory – after the end of the Trump administration. Doing it now risks damaging institutional trust in the Federal Reserve when its credibility is needed most, as it faces pressure to ignore inflation and lower interest rates.

Silver surged past US$100 per ounce for the first time in January before retreating below the US$80 level, marking a volatile start to 2026 as the precious metal faces renewed investor appeal.

In its latest annual outlook, published on February 10, the Silver Institute notes that the rally comes after a year when silver saw its strongest annual performance since 1979. Investor interest accelerated into early 2026 and pushed the price to multiple record highs, driving the gold-silver ratio below 50 for the first time since 2012.

Looking forward, global silver investment is expected to remain strong this year as the market posts its sixth consecutive annual deficit. The Institute’s forecast, based on analysis by London-based consultancy Metals Focus, points to a 67 million ounce shortfall in 2026, with total demand once again outstripping total supply.

Silver supply in 2026

On the supply side, total global silver output is forecast to increase by 1.5 percent in 2026 to 1.05 billion ounces, the highest level in a decade. Mine production is expected to edge up 1 percent to 820 million ounces, supported by stronger output from existing operations and newly commissioned projects.

Mexico is forecast to deliver much of the growth from primary silver mines. In China, higher output is expected from China Gold International Resources’ (TSX:CGG,OTCPL:JINFF) Jiama polymetallic mine as expansion continues.

Canada is projected to see gains from projects such as Hecla Mining’s (NYSE:HL) Keno Hill and New Gold’s (TSX:NGD,NYSEAMERICAN:NGD) New Afton, which is being acquired by Coeur Mining (NYSE:CDE). Morocco’s Zgounder mine is also ramping up production, while Peru is expected to record declines at certain operations.

By-product silver from primary gold mines is forecast to increase. Contributions are expected from Barrick Mining’s (TSX:ABX,NYSE:B) Pueblo Viejo in the Dominican Republic, Gold Fields’ (NYSE:GFI) Salares Norte in Chile and the Nezhda project in Russia, owned by SolidCore (formerly Polymetal International).

Output from primary silver mines is expected to remain largely flat, accounting for 28 percent of total mine supply.

Silver recycling supply is projected to rise 7 percent, exceeding 200 million ounces for the first time since 2012, as elevated price levels encourage scrap flows, particularly from silverware.

Although the silver price has cooled since this year’s highs, the Institute notes that it’s established technical support and remains underpinned by tight physical supply and ongoing macroeconomic uncertainty.

Many forces that drove silver in 2025 remain in place. Constrained physical availability in London, geopolitical tensions, US policy uncertainty and concerns about the US Federal Reserve’s independence continue to provide support.

Silver demand in 2026

On the demand side, total global silver consumption is forecast to remain broadly flat in 2026. Gains in physical investment are expected to offset weakness in jewelry, silverware and some industrial segments.

Meanwhile, industrial fabrication, the largest component of silver demand, is projected to decline by 2 percent to around 650 million ounces, marking a four year low.

As in 2025, the drag is seen coming primarily from the photovoltaic (PV) sector.

Although solar installations worldwide are expected to continue expanding, manufacturers are reducing silver use per panel through thrifting and substitution, resulting in lower silver demand from PV applications.

Other industrial uses offer partial relief. Growth in data centers, artificial intelligence technologies and automotive electronics is expected to sustain silver consumption across several end uses, mitigating some of the PV losses.

Consumer demand, however, remains under pressure from record-high prices. Jewelry demand is forecast to fall more than 9 percent to 178 million ounces, marking the lowest level since 2020.

In contrast, physical investment demand is set to strengthen considerably.

The Institute projects a 20 percent rise to a three year high in physical investment to 227 million ounces.

After three consecutive annual declines, western retail demand is expected to rebound as investors respond to silver’s price momentum and persistent macroeconomic risks.

Exchange-traded product holdings currently stand at an estimated 1.31 billion ounces, and coin and bar demand has firmed in recent months. As of February 9, the silver price was up 11 percent year-to-date.

Silver deficit to persist

Even with higher supply and recycling, the silver deficit is set to persist. The Institute notes that the global silver market will continue to rely on the drawdown of aboveground bullion inventories to bridge the gap.

While volatility is likely to continue, the Institute forecasts that strength in gold and sustained physical tightness may help cushion risks for silver as it navigates another year defined by deficit and demand.

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

This post appeared first on investingnews.com

Bragason has held senior leadership roles in 650 mW+ of Geothermal Energy Infrastructure Deployment Totalling ~$3.3b, Including the World’s Largest Geothermal Power Plant, Hellisheidi in Iceland.

Syntholene Energy CORP (TSXV: ESAF,OTC:SYNTF) (FSE: 3DD0) (OTCQB: SYNTF) (‘Syntholene’), announces the appointment of Eirikur Bragason as Lead Project Manager for Syntholene’s planned synthetic fuel demonstration facility and future commercial scale-up at its cornerstone production footprint in Iceland. Mr. Bragason will support Syntholene’s infrastructure development strategy, project governance, technical risk management, and expansion efforts.

Mr. Bragason brings more than 25 years of experience in geothermal energy development, large-scale power infrastructure, and complex project execution across Europe, Asia, and the Americas, strengthening the Company’s depth in geothermal energy, power plant construction, and large-scale energy infrastructure delivery.

Mr. Bragason has acted as Chief Project Manager or Senior Technical Lead on some of the world’s most significant geothermal and renewable energy projects. These include the Hellisheidi Geothermal Power Plant in Iceland, a combined 300 megawatt electric and 400 megawatt thermal facility recognized as the largest geothermal power plant on Earth. He also served as the Deputy General Manager of Sinopec Green Energy, overseeing a total of 4.2 gigawatts of thermal energy in operation encompassing a total investment of approximately $6 billion. Mr. Bragarson has further overseen major geothermal project development across Indonesia, the Philippines, Hungary, China, and Central Europe.

‘Syntholene is pursuing a technically rigorous and commercially disciplined approach to synthetic fuel production, differentiated by its unique integration of geothermal energy,’ commented Mr. Bragason. ‘I look forward to supporting the company as it transitions from demonstration facility to commercial scale, showcasing its potential to materially improve the economics of clean fuels.’

‘Eirikur is one of the most experienced geothermal project leaders in the world,’ said Dan Sutton, CEO of Syntholene. ‘His direct experience delivering utility-scale geothermal infrastructure, managing multinational development teams, and executing complex energy projects is aligned with Syntholene’s commercial scale-up strategy. As we advance our thermal hybrid power-to-liquids platform and deploy geothermal-anchored synthetic fuel production, his insight and operational discipline will be invaluable.’

Mr. Bragason is a globally recognized expert in geothermal power plant project management. Most recently, he served as Chief Operating Officer of Arctic Green Energy, where he oversaw international geothermal platform development and operational execution. Prior to that, he was Chief Executive Officer and Chief Project Manager of KS Orka Renewables and Orka Energy in Singapore, leading the development and delivery of geothermal assets across multiple jurisdictions.

About Geothermal Energy in Iceland

Iceland’s unique geological position atop the Mid-Atlantic Ridge provides exceptional access to high-temperature geothermal energy, which today serves as a cornerstone of its 100% renewable electricity grid, as well as providing over 90% of the nation’s district heating. This baseload power is characterized by its high capacity factors, often exceeding 90%, providing a level of grid stability that distinguishes it from intermittent renewables like wind and solar.

According to data from the Low-Carbon Power 2025 Report, Iceland’s geothermal infrastructure currently boasts an installed capacity of approximately 799 megawatts electrical equivalent (e), contributing nearly 28% of the country’s total electricity generation. The existing infrastructure, managed by leaders such as Landsvirkjun and ON Power, includes world-class facilities like the Hellisheidi and Reykjanes plants, which are increasingly integrating carbon capture and storage (CCS) technologies to move toward carbon-negative operations.

The National Energy Authority of Iceland (Orkustofnun) identifies a massive ‘understood potential’ for future development through the Master Plan for Nature Protection and Energy Utilization. Current estimates suggest that Iceland’s total geothermal energy potential for electricity generation is approximately 20 terawatt hours per year of high-enthalpy energy available for industrial scaling.

This stable political and geological environment has positioned Iceland as a hub for long-term industrial expandability, particularly for high-energy users in the eFuel and Digital Infrastructure sectors. Reports from atNorth and Country Reports note that the ‘predictable, low-cost nature of Icelandic geothermal power’ is attracting a new wave of industrial tenants, including eFuel producers and AI-ready data centers, who require scalable, 24/7 renewable energy to meet global ESG mandates.

Iceland continues to leverage its ‘geothermal-first’ policy to foster strategic collaborations between energy producers and prospective industrial customers. This synergy bolsters confidence that industrial users can secure long-term power purchase agreements (PPAs) that are insulated from the volatility of global fossil fuel markets, solidifying Iceland’s role as an energy powerhouse of the North Atlantic.

About Syntholene

Syntholene is actively commercializing its novel Hybrid Thermal Production System for low-cost clean fuel synthesis. The target output is ultrapure synthetic jet fuel, manufactured at 70% lower cost than the nearest competing technology today. The company’s mission is to deliver the world’s first truly high-performance, low-cost, and carbon-neutral synthetic fuel at an industrial scale, unlocking the potential to produce clean synthetic fuel at lower cost than fossil fuels, for the first time.

Syntholene’s power-to-liquid strategy harnesses thermal energy to power proprietary integrations of hydrogen production and fuel synthesis. Syntholene has secured 20MW of dedicated energy to support the Company’s upcoming demonstration facility and commercial scale-up.

Founded by experienced operators across advanced energy infrastructure, nuclear technology, low-emissions steel refining, process engineering, and capital markets, Syntholene aims to be the first team to deliver a scalable modular production platform for cost-competitive synthetic fuel, thus accelerating the commercialization of carbon-neutral eFuels across global markets.

For further information, please contact:
Dan Sutton, CEO
comms@syntholene.com 
www.syntholene.com
+1 608-305-4835

X: @Syntholene
Linkedin: Syntholene Energy
Youtube: Syntholene Energy

Investor Relations
KIN Communications Inc.
604-684-6730
ESAF@kincommunications.com

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

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable securities laws. The use of any of the words ‘expect’, ‘anticipate’, ‘aims’, ‘continue’, ‘estimate’, ‘objective’, ‘may’, ‘will’, ‘project’, ‘should’, ‘believe’, ‘plans’, ‘intends’ and similar expressions are intended to identify forward-looking information or statements. All statements, other than statements of historical fact, including but not limited to statements regarding the completion of the demonstration facility, commencement commercialization efforts, potential to materially improve the economics of clean fuel, the successful implementation of the test facility, commercial scalability, technical and economic viability, anticipated geothermal power availability, anticipated benefit of eFuel, and future commercial opportunities, are forward-looking statements.

The forward-looking statements and information are based on certain key expectations and assumptions made by the Company, including without limitation the assumption that the Company will be able to execute its business plan, that the eFuel will have its expected benefits, that there will be market adoption, and that the Company will be able to access financing as needed to fund its business plan. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Since forward-looking statements and information address future events and conditions, by their very nature, they involve inherent risks and uncertainties.

Actual results could differ materially from those currently anticipated due to a number of factors and risks, including, without limitation, Syntholene’s ability to meet production targets, realize projected economic benefits, overcome technical challenges, secure financing, maintain regulatory compliance, manage geopolitical risks, and successfully negotiate definitive terms. Syntholene does not undertake any obligation to update or revise these forward-looking statements, except as required by applicable securities laws.

Readers are advised to exercise caution and not to place undue reliance on these forward-looking statements.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/284115

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LONDON, UK / ACCESS Newswire / February 17, 2026 / Empire Metals Limited (LON:EEE)(OTCQX:EPMLF), the AIM-quoted and OTCQX-traded exploration and development company, is pleased to announce the commencement of a major drilling campaign at the Pitfield Project in Western Australia (‘Pitfield’ or the ‘Project’). This programme is designed to evaluate the extent of the giant TiO2 mineral system at Pitfield, expand the Cosgrove Mineral Resource Estimate (MRE), and enhance the confidence levels associated with the MRE at Thomas.

Highlights

  • A total of 754 drill holes are planned:

    • 683 Air Core (‘AC’) drillholes for approximately 34,150 metres, and

    • 71 Reverse Circulation (‘RC’) drillholes for approximately 7,100 metres,

    • totalling 41,250 metres of drilling.

  • The fully funded campaign will utilise 3 AC drill rigs and 2 RC rigs and drilling is expected to be completed by mid-April.

  • The key outcome of the drilling will be an updated MRE at Thomas, with increased resource classification into the Measured and Indicated categories, and a significantly larger updated MRE at Cosgrove.

  • Updated MRE anticipated in Q3 2026 to support ongoing engineering and study work.

Shaun Bunn, Managing Director, said:‘We are pleased to commence this important drilling campaign at Pitfield, focused on upgrading our maiden MRE from the Thomas and Cosgrove Prospects (announced 14 October 2025) and extending the exploration target area. This fully-funded campaign is the largest undertaken to date at Pitfield and will significantly improve our understanding of the scale and grade of the Pitfield MRE, and also increase the confidence levels of Measured and Indicated Resources in readiness for developing mine design and Ore Reserves.’

Drilling Programmes

The titanium discovery at Pitfield is of unprecedented scale and hosts one of the largest and highest-grade titanium resources reported globally, with a current MRE totalling 2.2 billion tonnes grading 5.1% TiO₂ for 113 million tonnes of contained TiO₂.

The MRE, which covers only the Thomas and Cosgrove deposits, includes a weathered zone resource of 1.26 billion tonnes at 5.2% TiO₂ and a significant Indicated Resource of 697 million tonnes at 5.3% TiO₂, predominantly from the Thomas deposit. Titanium mineralisation at Pitfield occurs from surface and displays exceptional grade continuity along strike and down dip. The MRE extends across just 20% of the known mineralised footprint, providing substantial potential for further resource expansion.

Since commencing the maiden drilling campaign at Pitfield on 27 March 2023, Empire has completed 390 drill holes for a total 33,001 metres comprising:

  • 25 DD drill holes for 3,449 m

  • 140 RC drill holes for 18,764 m

  • 225 AC drill holes for 10,797 m.

Diamond drilling was recently conducted at the Thomas prospect, from mid-November to mid-December 2025 (announced 12 November 2025). A total of 8 holes were drilled for 745.1m.

The diamond drilling targeted the high-grade central core identified within the Thomas MRE with the primary purpose of generating ore samples for metallurgical and geotechnical testwork. The whole drill core underwent extensive geotechnical evaluation prior to cutting core samples. A quarter core sample was collected for assay analysis. These samples have been submitted to the analytical laboratory for analysis, with final results expected in Q1 2026.

Largest drilling campaign to date to commence at Pitfield

An extensive AC and RC drill programme has been planned at Pitfield consisting of exploration drilling, initial mineral resource drilling and infill mineral resource drilling. AC drilling has previously been used at Pitfield to drill-test the weathered cap and collect bulk metallurgical samples (announced 28 April 2025). It is a cost-effective, efficient and proven drilling method at Pitfield that is commonly used for shallow exploration projects, and the success of the previous drilling campaigns has confirmed its suitability for use in the Pitfield MREs.

The drill programme, the largest at Pitfield to date, will cover an area 37km long and up to 12km wide. There are 754 holes planned for a total of 41,250m. All programmes will take place in parallel ensuring the drilling is more efficient and cost effective. It is expected that the drilling will begin in late February and finish in mid-April. There will be up to 5 drill rigs at the project. Once completed, Empire will have drilled close to 75,000 meters at Pitfield.

The exploration drilling will be focused on delineating the extents of the giant Pitfield Ti-rich mineral system. Recent drilling has focussed on the Thomas and Cosgrove prospects to delineate MREs, however this has focussed on less than 20% of the currently known surface area of the mineral system. This exploration drilling campaign will generate data that will provide a much better understanding of the size of the system, the mineralisation and associated alteration and extend the area explored by drilling to 60-70% of the currently identified area of mineralization. Furthermore, the drilling will also provide essential information to support the study phase regarding the location of high-grade titanium mineralisation and the potential sites for process and infrastructure facilities.

At Thomas, AC and RC drilling will take place on a smaller spaced grid (100m x 100m) over the higher grade TiO2 rich core of the deposit to increase the confidence level of the current MRE. The drilling will focus on the weathered zone where the anatase is most prevalent.

At Cosgrove, an extensive AC and RC programme will occur to extend the current MRE to the north and the south. This drilling, as at Thomas, will be focussed on the weathered zones with the aim of significantly increasing the current MRE of 430Mt @ 5.8% TiO2. The location and spacing of the planned AC/RC drillholes have been designed to complement the existing MRE and allow the data generated from this drill programme to be incorporated with the existing MRE data which will potentially mean efficiencies in generating the updated MRE for Cosgrove.

The AC and RC drillholes will be geologically logged and sub-sampled on 2m intervals and geochemically analysed; this data will provide the basis for the updated MREs at Thomas and Cosgrove Prospects.

The drilling is expected to finish mid-April with all samples to be at Intertek Analytical Laboratory in Perth by the end of April.

Figure 1. Satellite image of Pitfield showing planned drill collars in relation to current MRE outlines.

Competent Person Statement
The technical information in this report that relates to the Pitfield Project has been compiled by Mr Andrew Faragher, an employee of Empire Metals Australia Pty Ltd, a wholly owned subsidiary of Empire. Mr Faragher is a Member of the Australian Institute of Mining and Metallurgy (AusIMM). Mr Faragher has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Faragher consents to the inclusion in this release of the matters based on his information in the form and context in which it appears.

**ENDS**

For further information please visit www.empiremetals.co.uk or contact:

Empire Metals Ltd

Shaun Bunn / Greg Kuenzel / Arabella Burwell

Tel: 020 4583 1440

S. P. Angel Corporate Finance LLP (Nomad & Joint Broker)

Ewan Leggat / Adam Cowl

Tel: 020 3470 0470

Canaccord Genuity Limited (Joint Broker)

James Asensio / Christian Calabrese / Charlie Hammond

Tel: 020 7523 8000

Shard Capital Partners LLP (Joint Broker)

Damon Heath

Tel: 020 7186 9950

Tavistock (Financial PR)

Emily Moss / Josephine Clerkin

empiremetals@tavistock.co.uk

Tel: 020 7920 3150

About Empire Metals Limited
Empire Metals Ltd (AIM:EEE)(OTCQX:EPMLF) is an exploration and resource development company focused on the commercialisation of the Pitfield Titanium Project, located in Western Australia. The titanium discovery at Pitfield is of unprecedented scale and hosts one of the largest and highest-grade titanium resources reported globally, with a Mineral Resource Estimate (MRE) totalling 2.2 billion tonnes grading 5.1% TiO₂ for 113 million tonnes of contained TiO₂.

Titanium mineralisation at Pitfield occurs from surface and displays exceptional grade continuity along strike and down dip. The MRE extends across just 20% of the known mineralised footprint, providing substantial potential for further resource expansion.

Conventional processing has already produced a high-purity product grading 99.25% TiO₂, suitable for titanium sponge metal or pigment feedstock. With excellent logistics and established infrastructure, Pitfield is strategically positioned to supply the growing global demand for titanium and other critical minerals.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Empire Metals Limited

View the original press release on ACCESS Newswire

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Over the past year, the spot price of silver has surged past a 40 year record and into triple-digit territory, reaching a high of US$121 per ounce this past January.

For silver investors who bought into the physical market when the price was low, this first leg of the silver bull market has provided an opportunity to take ample profits.

At the Vancouver Resource Investment Conference, Rick Rule, proprietor at Rule Investment Media, shared his strategy for leveraging profits made in the physical silver market.

“That’s how I save. I maintain liquidity in US currency and I save in gold,” he said.

What did Rule do with the remaining half of his gains from selling physical silver?

He deposited those profits into high-quality silver-mining stocks.

“My reasoning being as follows: If silver goes nowhere for a year, if it stays rangebound, the best silver producers are discounting US$45 silver a year from now. If the price is at US$75 or US$80 they’ll be discounting US$75 or US$80 silver, which means the stock will be up 50, 60, 70 percent,” said Rule.

“The speculative outlook for the silver stocks seemed to be better than the speculative outcome for silver. If silver stays flat for a year, by definition silver won’t give me any return. But if it stays flat, the silver stocks would give me 50 or 60 percent. So it was a better speculative outcome,’ he added.

Here’s a look at the five silver stocks Rule invested in after selling his physical silver. Market cap figures were accurate as of February 12, 2026.

1. Wheaton Precious Metals (TSX:WPM,NYSE:WPM)

TSX market cap: C$88.43 billion
NYSE market cap: US$64.53 billion

Wheaton Precious Metals is the world’s biggest precious metals streaming company.

Its business model involves making upfront payments to precious metals companies in order to gain the right to purchase all or a portion of their metal production at a low, fixed cost. Investors benefit from gaining exposure to a wide range of precious metals companies operating in politically stable jurisdictions, while reducing the risk associated with investing in individual mining stocks. The company pays a quarterly dividend.

Wheaton currently has streaming agreements in place for 23 operating mines and 25 development-stage projects across five continents. This includes investments in Newmont’s (NYSE:NEM,ASX:NEM) Peñasquito mine in Mexico, Sibanye Stillwater’s (NYSE:SBSW) Stillwater and East Boulder mines in Montana, US, and Glencore’s (LSE:GLEN,OTCPL:GLCNF) Antamina silver mine in Peru.

2. Pan American Silver (TSX:PAAS,NASDAQ:PAAS)

TSX market cap: C$33.3 billion
NASDAQ market cap: US$23.67 billion

Pan American Silver holds interest in five silver-producing mines located in four Latin American countries.

This includes its three wholly owned mines: Huaron in Peru, Cerro Moro in Argentina and La Colorada in Mexico — its largest silver-producing asset. The company also holds a 95 percent interest in the San Vicente mine in Bolivia and a 44 percent stake in the Juanicipio mine in Mexico, operated by Fresnillo (LSE:FRES,OTCPL:FNLPF). Pan American’s gold-producing segment includes its second largest silver mine by production, the El Peñon gold-silver mine in Chile.

Ranked among the world’s largest primary silver producers, Pan American’s 2025 silver production total came in at 22.8 million ounces, alongside 742,200 ounces of gold. It’s set its silver production guidance for 2026 to between 25 million and 27 million ounces, white its expected gold production for the year is 700,000 to 750,000 ounces.

3. Industrias Penoles (OTCPL:IPOAF)

OTC market cap: US$26.14 billion

Founded in 1887, Mexico-based Industrias Peñoles is a vertically integrated metals company and a global leader in refined silver production. The company holds a majority stake in Fresnillo, the world’s leading primary silver producer.

Industrias Peñoles is also a top producer of refined gold and lead in Latin America, and one of the world’s leading producers of refined zinc and sodium sulfate. Its mining portfolio includes the Sabinas mine in Zacatecas, the Tizapa mine in Zacazonapan and the Velardeña mine in Durango. In the first half of 2025, Industrias Peñoles’ overall silver production from its mining operations came in at 30.3 million ounces of the metal.

4. AbraSilver Resource (TSXV:ABRA,OTCQX:ABBRF)

TSXV market cap: C$2.15 billion
OTC market cap: US$1.57 billion

Canadian junior Abrasilver Resource’s wholly owned flagship asset is the advanced-stage Diablillos silver-gold project in Salta, Argentina. It hosts five significant deposits: Oculto, JAC, Fantasma, Laderas and Sombra.

In December 2024, the company published an updated prefeasibility study for Diablillos, outlining a net present value (NPV) of US$747 million after tax at a 5 percent discount, as well as a 27.6 percent internal rate of return (IRR) and a two year payback period. An updated mineral resource estimate from July 2025 totals approximately 199 million ounces of silver and 1.72 million ounces of gold in the measured and indicated category.

Abrasilver has been busy expanding the upside potential at Diablillos via a Phase 6 drill program. The 15,000 meter campaign is aimed at extensions across various exploration targets. Results coming in from previous campaigns continue to demonstrate the potential for identifying gold and silver resources outside of the current resource estimate.

5. Vizsla Silver (TSXV:VZLA,NYSEAMERICAN:VZLA)

TSX market cap: C$1.73 billion
NYSEAMERICAN market cap: US$1.25 billion

Vizsla Silver is advancing toward production at its Panuco silver-gold project in Sinaloa, Mexico. Its expected to reach first silver production in the second half of 2027. In May 2025, the company acquired the producing Santa Fe silver-gold mine and property located to the south of Panuco. Production at the mine between 2020 and 2024 amounted to 370,366 metric tons of ore, with an average head grade of 203 grams per metric ton (g/t) silver and 2.17 g/t gold.

At Panuco, Vizsla completed a feasibility study in November 2025, outlining over 17.4 million ounces of silver equivalent production annually over an initial 9.4 year mine life, an after-tax NPV of US$1.8 billion at a 5 percent discount, an 111 percent IRR and a seven month payback at US$35.50 silver and US$3,100 per ounce gold.

The company has several upcoming catalysts for 2026. In the first half of the year, management is focused on completing detailed engineering, underground drilling, geophysical surveys and optimization work in order to make a construction decision in the second half of 2026 once permits are received. Throughout 2026, Vizsla is expecting to conduct 60,000 meters of diamond drilling across the Panuco district. A fifth phase of metallurgical testwork to optimize silver and gold recoveries using material from a 10,000 tonne bulk sample program is also planned.

After the interview with Rule took place, 10 workers were abducted from Panuco. Mexican authorities have since recovered 10 bodies as part of an investigation into the incident, with five being identified as Vizsla workers. The company has suspended operations at the site, although engineering-based remote work continues.

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

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Senate Republicans now have enough support within their conference to pass Trump-backed voter ID legislation, but a major hurdle remains.

The Safeguarding American Voter Eligibility (SAVE) America Act has secured the backing of 50 Senate Republicans, following a pressure campaign by the White House and a cohort of Senate conservatives over the past several weeks.

Sen. Mike Lee, R-Utah, has led the charge in the upper chamber, ramping up his efforts last week as the bill moved through the House.

Lee told Fox News Digital that he was ‘ecstatic’ about the progress made in shoring up support for the legislation and hoped the Senate would move as quickly as possible to consider it. 

‘I would love to see us turn to it next week, perhaps the day after the State of the Union address,’ Lee said. ‘I think that would be good timing. But I think this needs to get done sooner rather than later.’

That multifaceted campaign — both on social media and behind closed doors in the Senate — proved successful, drawing support from Senate Majority Leader John Thune, R-S.D., and several others.

Sen. Susan Collins, R-Maine, became the 50th senator to back the bill. That gives Republicans the internal support they need to advance the legislation procedurally, but only if they turn to the standing, or talking, filibuster.

Before leaving Washington, D.C., for a weeklong break last week, Lee and other supporters, including Sens. Ron Johnson, R-Wis., and Rick Scott, R-Fla., pitched the voter ID proposal and potential pathways to pass it to colleagues.

‘We had some good senators stand up and say, ‘No, we got to fight for this,’’ Johnson told Fox News Digital. ‘I’m with them. We need to fight for this.’

Still, the effort faces heavy resistance from Senate Democrats, who are nearly unified in their opposition.

The only potential outlier is Sen. John Fetterman, D-Pa., who has pushed back against Senate Minority Leader Chuck Schumer’s, D-N.Y., characterization of the bill as ‘Jim Crow 2.0’ but has not said whether he would ultimately support the SAVE America Act.

Despite that possibility, Schumer and most of his caucus plan to block the legislation.

‘We will not let it pass in the Senate,’ Schumer told CNN’s Jake Tapper. ‘We are fighting it tooth and nail.’

Not every Senate Republican is onboard, either. Sen. Lisa Murkowski, R-Alaska, has announced she will vote against the measure, while Sens. Mitch McConnell, R-Ky., and Thom Tillis, R-N.C., have not signed on as co-sponsors.

One option to bypass Democratic opposition would be nuking the filibuster and its 60-vote threshold — a move some congressional Republicans argue has effectively become a ‘zombie filibuster,’ since legislation can be blocked simply by withholding votes rather than holding the floor.

Despite previous pressure from President Donald Trump to eliminate the filibuster, the move does not have the votes among Republicans to succeed — a point Thune underscored last week.

‘There aren’t anywhere close to the votes — not even close — to nuking the filibuster,’ Thune said.

That leaves a return to the standing, or talking, filibuster — the precursor to today’s procedural hurdle. Under that approach, Senate Democrats would be required to hold the floor and publicly debate their opposition, as senators did for decades before the modern filibuster became standard practice.

The idea appears to be gaining traction among some Republicans, though critics warn it could effectively paralyze the upper chamber for days, weeks or even months, depending on Democrats’ resolve.

Lee said that many senators he’s spoken with are open to the idea, and that those who were reluctant didn’t believe it wouldn’t work. 

‘I understand why people might have questions about a procedure that we’re not familiar with,’ Lee said. ‘It doesn’t mean we don’t have to do it, because we do.’

Meanwhile, Trump has suggested he could take matters into his own hands if Congress cannot pass the SAVE America Act.

In a Truth Social post last week, Trump called the legislation a ‘CAN’T MISS FOR RE-ELECTION IN THE MIDTERMS, AND BEYOND.’

‘This is an issue that must be fought, and must be fought, NOW! If we can’t get it through Congress, there are legal reasons why this SCAM is not permitted,’ Trump wrote. ‘I will be presenting them shortly, in the form of an Executive Order.’


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Senate Majority Leader John Thune, R-S.D., is ready to put Senate Democrats to the test on voter ID legislation.

The Safeguarding American Voter Eligibility (SAVE) America Act has earned the backing of 50 Senate Republicans, including Thune, which is enough to break through a key procedural hurdle.

Whether it can pass from the Senate to President Donald Trump’s desk is, for now, an unlikely scenario if lawmakers take the traditional path in the upper chamber. Still, Thune wants to put Democrats on the spot as midterm elections creep closer.

‘We will have a vote,’ Thune told Fox News Digital.

His comments came as he crisscrossed his home state of South Dakota, where he and Republicans in their respective states are out selling their legislative achievements as primary season fast approaches.

Thune viewed the opportunity of a floor vote as a way to have Senate Minority Leader Chuck Schumer, D-N.Y., and his caucus explain to voters why they would block a legislative push to federally enshrine voter ID and proof of citizenship to register to vote.

‘We will make sure that everybody’s on the record, and if they want to be against ensuring that only American citizens vote in our elections, they can defend that when they have to go out and campaign against Republicans this fall,’ Thune said.

But the political makeup of the Senate will prove a tricky path to navigate if Republicans want to pass the bill.

Though the majority of the Senate GOP backs the bill, without at least a handful of Senate Democrats joining them, it is destined to fall victim to the 60-vote filibuster threshold.

And Schumer has time and again made clear that he and the majority of Senate Democrats view the legislation, which passed the House last week, as a tool of voter suppression that would unduly harm poorer Americans and minority groups.

So Senate Republicans are looking at their options.

One, which Thune already threw cold water on, is nuking the Senate filibuster. The other is turning to the talking, or standing, filibuster. It’s the physical precursor to the current filibuster that requires hours upon hours of debate over a bill.

Some fear that taking that path could paralyze the Senate floor. Thune acknowledged that concern, having previously made it himself, but noted another wrinkle.

‘A lot of people focus on unlimited debate, and yes, it is something that could drag on for weeks or literally, for that matter, months,’ Thune said. ‘But it’s also unlimited amendments, meaning that every amendment — there’s no rules — so every amendment will be 51 votes.’

He argued that there are several politically challenging amendments that could hit the floor that would put members in tough reelections in a hard spot and possibly cause them to pass, which ‘could also be very detrimental to the bill in the end.’

Thune didn’t shut down the idea of turning to the talking filibuster, especially if it ended in lawmakers being able to actually pass the SAVE America Act. But in the Senate, outcomes are rarely guaranteed on politically divisive legislation.

‘I think that, you know, this obviously is a mechanism of trying to pursue an outcome, but I don’t know that, in the end, it’ll get you the outcome you want,’ Thune said. ‘And there could be a lot of ancillary damage along the way.’


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