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Pro-life group finds Biden-era FDA policy is driving 500 abortions per day, says Trump has power to end it

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A pro-life group is releasing a new report claiming abortions have continued to rise nationwide since 2020 because of a Biden administration FDA policy that allows abortion pills to be prescribed via telehealth and shipped by mail — a move the group says the Trump administration could reverse.

In a report obtained by Fox News Digital, the Restoration of America Foundation (ROAF) argues that a COVID-era FDA policy under former President Joe Biden is driving an estimated more than 500 mail-order chemical abortions per day, citing data from Guttmacher and WeCount.

The data also shows that chemical abortions now account for the majority of abortions, making up about 63% in 2023, a jump from 39% in 2017.

The report also estimates that there were roughly 170,000 additional abortions in 2024 than would have happened if the abortion rate had remained at 2019 levels.

‘Since hitting a low in 2017, the national abortion rate has seen a persistent and troubling climb,’ the report states. ‘In 2019, the last full year that abortion by mail was clearly illegal, there were an estimated 916,460 abortions. Using our estimate for 2024, the overall growth in abortion from 2019 to 2024 was 22 percent. Over the same window, the U.S. population grew by just 2.9 percent. Had the abortion rate remained steady from 2019, there would have been 171,103 fewer abortions in 2024.’

The findings show abortion-by-mail made up roughly one in four abortions in the U.S. in the first half of 2025.

WeCount data cited in the report also shows an estimated 244,590 do-it-yourself abortions were facilitated by telehealth in 2024, including more than 120,000 pills sent into states where abortion was restricted or banned after the Supreme Court overturned Roe V. Wade in 2022, giving the power to make abortion laws back to the states.

The Biden administration policy removed safety standards that required women to see a doctor to be prescribed mifepristone, allowing it to be prescribed through telehealth and sent by mail. The report argues that the FDA under Biden justified the change using limited studies and adverse-event data, despite most mandatory reporting requirements for mifepristone complications being removed in 2016 under the Obama administration. A research paper in 2021 additionally compared adverse-event data with Planned Parenthood data and concluded that the system is ‘inadequate’ to evaluate the safety of mifepristone abortions.

‘People are calling up and saying whatever they need to say to get the drug in the mail,’ ROAF CEO Doug Truax said in an interview with Fox News Digital. ‘The point that we’re making is that abortions are on the rise dramatically. 874,000 in 2023, up to 1.1 million in 2024. Then on this trajectory, by the time President Trump leaves office, it’d be about 1.4 million a year. And so it’s largely driven by the drugs going out in the mail.’

‘There’s about 150 women a day that are being seriously harmed by this drug,’ Truax continued. ‘So we need to get them to go see the doctor. The doctor needs to verify where they’re at with the pregnancy. Obviously, if it’s an ectopic pregnancy, it means they could take this drug, and they could die from it, which has happened. But there are all kinds of sepsis and rupturing and hemorrhaging and everything going on with this drug.’

‘So there are two angles to this. We’re very pro-life over here. We want to go to zero abortions in the country. But the other angle is that this is a women’s health issue. So we need to decrease the number of abortions, and we need to basically save women from being harmed by this,’ he added.

Truax also noted that states with higher populations are receiving the most abortion pills through the mail and that Democrat-led states have enacted shield laws preventing GOP-led states from taking legal action against providers.

‘For instance, Texas, they don’t have abortion anymore, but they sure do,’ he said. ‘People think it’s down to zero. It’s not at all. It’s about where it was. So you have all these abortionists in, to name a few, Massachusetts and California. There’s dispensing organizations now around the country and around the globe that will mail these things out. They’re very active getting these abortion drugs into states that said, ‘we don’t want abortion here.”

The FDA continues to keep the in-person dispensing requirement for mifepristone suspended — a safety rule that had been in place for roughly 20 years before Biden’s FDA permanently removed it following a COVID-era suspension.

The policy was met with legal challenges under the previous administration, but the Supreme Court allowed it to remain in effect after ruling that the plaintiffs lacked standing. The Fifth Circuit Court of Appeals had ruled the FDA’s action under Biden was likely ‘arbitrary and capricious’ under the Administrative Procedure Act.

Truax said that the Trump administration has the authority to nix the policy, and urged the federal government to do so.

‘I think that from a political standpoint, they’d rather not talk about it. But our point is, from a political standpoint, it’s going to start hurting. Pro-life Americans are really grateful to the president for the Supreme Court that we have, they got Roe thrown out, as it should have been a long time ago. But there’s more work to be done. We’re grateful for defunding Planned Parenthood. That’s great for a year. But the bottom line is, if the number of abortions is actually going up and there’s a step you could take to stop it, we got to do that,’ he said.

‘There’s a massive number of pro-life Americans that are base supporters of the president who may say, ‘wait a minute, we’ve been in power for this entire time and the number of abortions keeps going up, and we could have stopped it,” he added.

Republican lawmakers on Capitol Hill and state officials have been calling on the Trump administration to take action.

Last summer, more than 20 attorneys general urged Health and Human Services Secretary Robert F. Kennedy Jr. and FDA Commissioner Marty Makary to complete a safety review of mifepristone and consider reinstating safeguards or removing the drug from the market. Kennedy and Makary vowed to conduct a new review of the safety of the drug, but they have not released a timeline for the results.

‘President Trump, Secretary Kennedy, and Commissioner Makary already have the tools at their disposal to reverse the legally and scientifically dubious decisions of the Biden Administration’s FDA and to reinstate the in-person dispensing requirement. The Trump Administration must act swiftly to restore commonsense medical safeguards to the chemical abortion pill,’ the ROAF report says.


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Theocrats, Socialists, and the Totalitarian Impulse to Plan

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We will probably never know the true death count of the courageous Iranian revolutionaries, but what has been shared in graphic detail is the horrific brutality of the Iranian theocracy towards its own people. 

In a recent New Yorker essay, “A Massacre in Mashhad,” Cora Engelbrecht reported on one multi-day slaughter of an enormous crowd of Iranian protesters filling the streets, bridges, and highways of Mashhad. Children with their mothers and grandparents were among the dead. One Iranian sharing documentation with Engelbrecht reported, “For three nights, the streets of my hometown turned into a killing field.”

For some, the mindset that gave rise to the Iranian theocracy seems like a different world, thousands of miles away or hundreds of years ago. FA Hayek would say: don’t be so sure. 

The Iranian regime is a form of theocratic totalitarianism. Its supreme leader, Ayatollah Ali Khamenei, says, “God speaks through my mouth.” A dissenter is considered an “enemy of God,” which justifies unimaginable brutality and lethal force against them. Foreign mercenary thugs have been brought into Iran to join forces with the IRGC to put down the revolution. They were given instructions to target the face and head of protesters, with the aim of blinding them.

America has its own growing theocratic groups. For now, their actions are tempered by American sensibilities and laws. Yet the mindset of these groups is as destructive and vicious as the Iranian theocracy.

We find one of the roots of America’s growing theocratic mindset in the writings of French political philosopher Jean-Jacques Rousseau. Without irony, in his chapter titled “The Legislator” from his book The Social Contract, Rousseau wrote, “In order to discover the rules of society best suited to nations, a superior intelligence beholding all the passions of men without experiencing any of them would be needed.”

Rousseau continued,

This intelligence would have to be wholly unrelated to our nature, while knowing it through and through; its happiness would have to be independent of us, and yet ready to occupy itself with ours; and lastly, it would have, in the march of time, to look forward to a distant glory, and, working in one century, to be able to enjoy in the next. 

Rousseau ended that paragraph, again without irony, “It would take gods to give men laws.”

What Rousseau envisioned would overturn the whole basis of Western civilization’s progress—trial and error and the freedom to grow beyond what doesn’t work.

In The Fatal Conceit, FA Hayek argued that a fundamental error of socialism—and this error mirrors theocratic thinking—is its attempt to impose the morality of the “small band” or “tribe” onto the “extended order of human cooperation.” 

He explained how “socialist morality would destroy much of present humankind and impoverish much of the rest.” We can observe that Americans are mostly sustained by a decentralized market, made orderly by people voluntarily cooperating with each other, yet each aiming to achieve their own ends. To replace this spontaneous order with a centralized “moral” plan would collapse the very system that produces the resources required for human survival. Khamenei has collapsed the Iranian economy primarily by directing resources to fund terror all over the world.

Socialist morality is stripped of the supernatural justifications of theocratic morality, but retains a totalitarian soul. To believe “the rules of society” can be discovered and human nature molded to suit that design is to invite a “superior” person to step in and do the molding. Millions of people supported despots like Hitler, Stalin, or the Ayatollahs, believing a “superior” person in the seat of power would create a better world. This is the fatal conceit. 

The Iranian regime believes it can design an Islamic society. Western theocrats believe they can design an equitable society, a green society, and on and on, through administrative engineering.

Hayek showed that no “superior intelligence” exists that can grasp the incalculable preferences of human beings. Hayek explains that what is responsible for the miracle of modern life is not an Ayatollah or a secular dictator but “the rules of human conduct that gradually evolved (especially those dealing with property, honesty, contract, exchange, trade, competition, gain, and privacy).” 

The rules of conduct generated under totalitarian regimes are vastly different from those generated in a liberal society. In Law, Legislation, and Liberty, Hayek distinguishes between nomos and thesis. 

Liberty exists only under nomos—rules that tell us how to act toward one another (e.g., “don’t steal,” “don’t kill”) without telling us what we should achieve. In Hayek’s words: “The Great Society arose through the discovery that men can live together in peace and mutually benefit each other without agreeing on the particular aims which they severally pursue.” Only these “abstract rules… made it possible to extend the order of peace beyond the small groups pursuing the same ends.”

Theocracy operates through thesis. The Ayatollah and, for example, the DEI Dean both use rules as commands to achieve specific social outcomes (e.g., make society more Islamic or make society more equitable). 

While the IRGC uses bullets, the American administrative theocracy uses rules as its cudgel to gain compliance with its social designs. The American theocrat attempts to replace nomos with thesis. 

Hayek warned in The Road to Serfdom, “to undertake the direction of the economic life of people with widely divergent ideals and values is to assume responsibilities which commit one to the use of force.” Because it is impossible for everyone to agree on what a just outcome looks like, the state exercises arbitrary power to impose its own design.

To what extent has thesis replaced nomos in America? In the spirit of Hayek, here is a list of questions for evaluating “laws,” political policies, executive orders, or administrative mandates. When you can answer these questions in the affirmative, the law or rule fosters liberty. 

  • Does this rule apply to everyone, including those who created it and those who currently hold power?
  • Is the rule defined without a specific “goal” or “end” in mind? 
  • Can an individual know in advance how the rule will affect them, regardless of an administrator’s whims?
  • Does the rule allow individuals to pursue their own diverse ends, rather than forcing them to serve a common good?
  • Does this policy assume that the government knows less than the dispersed knowledge held by the people? 
  • Does the rule avoid naming specific groups (racial, religious, or economic) for special treatment?
  • Does the rule focus on what people must not do (prohibitions) rather than what they must do (positive obligations)?
  • Is the rule based on a long-standing tradition and “discovered” practice? (A rule crafted overnight by a committee is not a discovered practice.)
  • Is the policy free of words like “social,” or “equitable” that blur the limits of power?
  • Would you feel safe if your worst political enemy oversaw the enforcement of this exact rule?

Evaluate today’s rules and “laws” using these questions, and notice that many are commands to mold people to fit an engineered design.

The “superior intelligence” Rousseau sought cannot be found in a person or a bureaucratic state, but rather in the dispersed knowledge of a free people.

Whether the governing force is a religious elite or a secular bureaucracy, the outcome of a totalitarian soul is a collapse of the very civilization required for human survival.

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Syntholene Energy Corp Strengthens Advisory Board with Former COO of Icelandair Jens Thordarson

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Mr. Thordarson brings two decades of expertise in operations, infrastructure development, and large-scale business transformation in the aviation industry

Syntholene Energy Corp. (TSXV: ESAF,OTC:SYNTF) (OTCQB: SYNTF) (FSE: 3DD0) (‘Syntholene’ or the ‘Company’) announces the nomination of Jens Thordarson, former Chief Operating Officer of Icelandair, to its Advisory Board. With nearly two decades of leadership experience in the aviation industry, Mr. Thordarson brings expertise in operations, infrastructure development, and large-scale business transformation, critical elements as Syntholene advances its synthetic fuel solutions for global transportation and logistics.

Mr. Thordarson held multiple executive roles at Icelandair over his 17-year tenure, including Chief Operating Officer and Vice President of Technical Operations. In these roles, he spearheaded large-scale operational improvements, optimized fleet management, and integrated advanced technologies to enhance efficiency and sustainability in one of the world’s most demanding industries. Currently, he serves as CEO of GeoSalmo, a company focused on sustainable aquaculture, further reinforcing his commitment to innovative and environmentally responsible industries. Mr. Thordarson also serves as the Honorary Consul of Ireland in Iceland, encouraging tourism, trade, and foreign affairs between the two nations.

‘Jens’ leadership in aviation and operations, combined with his strategic network in the nation of Iceland, makes him an ideal contributor to Syntholene’s Advisory Board,’ said Dan Sutton, Chief Executive Officer of Syntholene Energy Corp. ‘As we work to bring sustainable synthetic fuels to Icelandic and European markets, his insights into politics, regulatory landscape, and infrastructure readiness will be instrumental in driving our commercialization strategy.’

Syntholene Energy Corp. is at the forefront of developing sustainable synthetic fuels designed to seamlessly integrate with existing energy infrastructure while significantly reducing carbon emissions. The nomination of Mr. Thordarson reinforces the Company’s commitment to drawing expertise from industries where fuel efficiency, innovation, and operational scale are paramount.

‘I am excited to join Syntholene’s Advisory Board and contribute my experience in aviation, operations, and strategic growth,’ said Mr. Thordarson. ‘The transition to sustainable fuels is essential for industries like aviation, and Syntholene’s technology represents a major step forward, taking a fundamentally different and more disciplined approach to the challenge. I look forward to working with the team as they move toward scale.’

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

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

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 definitive agreement, 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.

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282796

News Provided by TMX Newsfile via QuoteMedia

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Crypto Market Update: Bitcoin Price Slide Drives Half-Trillion Crypto Wipeout

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Here’s a quick recap of the crypto landscape for Wednesday (February 4) as of 9:00 p.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$73,420.53, down by 3.9 percent over 24 hours.

Bitcoin price performance, February 4, 2026.

Bitcoin price performance, February 4, 2026.

Chart via TradingView.

Expectations of tighter monetary policy and unresolved regulatory tensions are also weighing on investors.

Meanwhile, XS.com’s Samer Hasn is observing positive sentiment marked by long-term investors and new Bitcoin addresses accumulating at current low prices, despite speculative money leaving. He views the downtrend as a buying opportunity while the broader market anticipates crucial economic data and earnings from Alphabet (NASDAQ:GOOGL).

Ether (ETH) was priced at US$2,164.80, down by 5.7 percent over the last 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$1.54, down by 4.7 over 24 hours.
  • Solana (SOL) was trading at US$93.04, down by 7.7 percent over 24 hours.

Today’s crypto news to know

Bitcoin-led selloff wipes nearly US$500 billion from crypto market

A sharp crypto selloff has erased nearly half a trillion dollars in market value in less than a week, with Bitcoin leading the decline, according to a Bloomberg report.

The total market cap for crypto has fallen by about US$467.6 billion since January 29.

Meanwhile, Bitcoin slid to its lowest level since US President Donald Trump’s re-election in early November 2024, briefly touching US$72,877 in US trading before clawing back to around US$75,900.

The pullback comes despite a more crypto-friendly White House and growing institutional adoption, reflecting how fragile sentiment remains after months of heavy leverage.

More than US$700 million in bullish and bearish bets were liquidated in the past 24 hours alone, taking total liquidations since January 29 to over US$6.6 billion, according to CoinGlass data.

Burry warns Bitcoin slide could trigger cascading financial stress

In a Substack post published on Monday (February 2), Michael Burry speculated that Bitcoin’s recent sharp decline could be something beyond a normal bear market, framing it as a uniquely dangerous setup that could trigger cascading financial turmoil across leveraged portfolios, as well as the entire crypto market and metals.

As Bitcoin is deeply embedded into leveraged structures, further price drops could force more selling. He outlined several ‘sickening scenarios,’ including 15 to 20 percent hits for large institutional holders like Strategy (NASDAQ:MSTR), a company he predicts could see major losses if Bitcoin were to fall to US$60,000.

If the cryptocurrency were to dip toward US$50,000, Burry said miners could dump reserves to avoid bankruptcy, dragging minerals and tokenized metal futures into a collapse. Burry sees Bitcoin as a purely speculative asset that has failed to act as a reliable debasement hedge like gold, so its drawdown exposes broader balance sheet fragility driven not just by price moves, but also by over‑levered positions, aggressive artificial intelligence and cloud CAPEX accounting and weak capital discipline that will only become apparent when liquidity tightens.

Strategy’s Bitcoin bet goes underwater

Michael Saylor doubled down on his Bitcoin conviction this week even as Strategy’s vast holdings slipped below their average purchase price. Bitcoin’s drop under roughly US$76,000 has pushed the firm’s estimated cost basis into negative territory, leaving it about US$630 million underwater on paper, according to market estimates cited by critics.

The company has accumulated more than 712,000 BTC since 2020 using a mix of share issuance and convertible debt, a strategy that paid off during the bull market, but now faces renewed scrutiny.

Bitcoin critics, including Peter Schiff, argue that Strategy’s aggressive buying helped fuel the earlier rally and that slowing purchases are now exacerbating the decline. Saylor has rejected that view, posting on X that volatility is “Satoshi’s gift to the faithful” and reiterating his rule to “Buy Bitcoin.”

TRM Labs hits US$1 billion valuation

Blockchain intelligence firm TRM Labs has reached a US$1 billion valuation after closing a US$70 million Series C funding round that was led by Blockchain Capital and included backing from Goldman Sachs (NYSE:GS), Bessemer Venture Partners, Brevan Howard, Thoma Bravo and Citi Ventures.

Co-founder Esteban Castaño said the company was built around the belief that widespread crypto adoption would inevitably require sophisticated risk and compliance tools.

TRM gained traction with law enforcement agencies and financial institutions by tracking activity across multiple blockchains, an early strategic choice that helped it compete with more established rivals.

Bessent reasserts government Bitcoin stance

During testimony before the House Financial Services Committee during a mandatory oversight hearing on the annual report of the Financial Stability Oversight Council, US Secretary of the Treasury Scott Bessent reasserted his stance that Bitcoin is an asset of the US government, not a liability, and that the Strategic Bitcoin Reserve built from forfeited coins is a legitimate balance sheet asset that the treasury is treating as part of the nation’s financial toolkit.

Bessent noted that roughly US$500 million in seized Bitcoin retained by the government has appreciated to over US$15 billion while in custody, underscoring Bitcoin’s role as a high‑growth strategic asset on the federal balance sheet.

He reiterated that the US is not planning to buy more Bitcoin on the open market, but will continue to accumulate it in budget‑neutral ways to build the reserve, such as through forfeitures and seizures.

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

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

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Valeura Energy: Positioned for Organic Growth and Accretive M&A in Southeast Asia’s Offshore Oil Sector

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Valeura Energy (TSX:VLE,OTCQX:VLERF) is an oil and gas company focused on the development and operation of shallow-water offshore assets in the Gulf of Thailand. The company, listed on the Toronto Stock Exchange and headquartered in Singapore, is strategically positioned within the Asia-Pacific region. Valeura operates four producing oil fields—Nong Yao, Jasmine, Wassana, and Manora—and has established itself as a low-cost, dependable operator in a mature basin supported by extensive existing infrastructure.

Valeura focuses on maximizing free cash flow from existing production while extending asset life through ongoing drilling, upgrades, and near-field exploration. This is supported by a disciplined acquisition strategy, positioning the Company as a potential regional consolidator, backed by an experienced management team with a strong track record in operations, transactions, and safety.

Valeura Energy

Valeura’s primary focus is its operated portfolio of shallow-water offshore oil fields in the Gulf of Thailand, which form the foundation of its cash flow, reserves growth and near-term value creation. The company currently operates four producing fields – Nong Yao, Jasmine, Wassana and Manora – all located in a mature basin with extensive infrastructure and a long history of reserve replacement through continued development.

Company Highlights

  • Second-largest oil producer in Thailand, operating four shallow-water offshore fields in the Gulf of Thailand
  • Strong financial position, with US$306 million in cash and no debt as of December 31, 2025
  • Growing reserves and extended field lives, with 57.6 mmbbl of 2P reserves and a multi-year history of approximately 200 percent reserves replacement per year
  • Highly cash-generative business, generating US$158 million in free cash flow over the last twelve months to September 30, 2025
  • Growth-oriented strategy, combining disciplined organic investment with accretive M&A opportunities in the Asia-Pacific region

This Valeura Energy profile is part of a paid investor education campaign.*

Click here to connect with Valeura Energy (TSX:VLE) to receive an Investor Presentation

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From Swiss Vaults to Digital Wallets: How MKS PAMP is Modernizing the Gold Standard

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Gold has seen wild swings over the last week, hitting record highs near US$5,600 per ounce before plunging nearly 10 percent to around US$4,700 in the sharpest drop in over a decade. The real story, though, isn’t just the price action, but how tokenized gold is modernizing one of the world’s oldest reserve assets for a new era.

Leading this charge is Gold Token SA (GTSA), the gold tokenization arm of Swiss precious metals giant MKS PAMP.

Under the leadership of CEO Kurt Hemecker, GTSA is transforming how institutions and individual investors interact with the world’s oldest reserve asset by placing it on modern rails.

As digital assets like Bitcoin struggle to maintain their safe-haven narrative amid high-profile fraud cases, institutions are seeking trusted assets on modern rails, where blockchain’s functional advantages — such as 24/7 liquidity and instant settlement — can upgrade low-volatility reserve assets via tokenization.

The infrastructure bridge: Legal title and institutional trust

MKS PAMP is a family-owned global powerhouse that operates one of the world’s most renowned refineries.

By launching the DGLD token on the Base network, Coinbase’s Layer 2 blockchain, in mid-December 2025, GTSA effectively bridged the gap between 60 years of Swiss precious metals heritage and US-centric blockchain technology.

Unlike speculative crypto tokens, “DGLD is designed to represent allocated physical gold rather than a claim on an issuer,” prioritizing the institutionalization of real-world assets through transparent governance, Hemecker said.

”That design approach is important in jurisdictions like the US, where regulators are still clarifying the boundaries between securities and other digital assets,” he added. Physical gold’s familiarity reduces ambiguity, giving institutions clear legal title to specific vaulted bars, not issuer promises or derivatives.

According to Hemecker, this structure earns policymaker support as “controlled tokenization, where digital representations of existing assets are well-governed and clearly backed, rather than creating new, untested monetary substitutes.” Investors gain direct property rights over high-security Swiss vaults, outpacing tech-first rivals.

Transparency serves as a competitive advantage in this new era of digital commodities. Gold investors, who are traditionally obsessed with provenance, can utilize GTSA’s Bar Mapper tool. This technology allows a digital holder to trace their token back to specific gold bars certified by the London Bullion Market Association

Users can view non-sensitive metadata, including the refiner, weight, purity and serial number of the bars, providing a level of auditability that was previously impossible in the gold market. This creates a transparent link between digital ownership and physical existence, ensuring that every token is backed by real, verifiable gold.

Overcoming hurdles

The operational hurdles once plaguing tokenization are rapidly fading. “Several early frictions are already easing,” Hemecker said. “Operational and technical uncertainty is declining as standards around custody, issuance and lifecycle management mature. Institutional access is improving, and credibility gaps are narrowing.

This maturity drives a shift from experimental pilots to institutional balance-sheet allocations.

“What we’re seeing from institutions and central banks is not a move away from traditional safe-haven assets, but a desire to modernize the infrastructure around them,” he explained. Blockchain’s 24/7 availability, near-instant settlement and efficient reporting keep gold exposure while accelerating infrastructure.

“Tokenized gold allows institutions to maintain exposure to a familiar reserve asset, while benefiting from faster settlement … This is about putting trusted assets on modern rails.”

Liquidity follows suit. “Liquidity will increasingly be judged by depth and reliability, not headline volumes,” Hemecker noted. “Custody quality will move to the foreground, with institutions favoring allocated, insured gold held with reputable vaulting partners.” DGLD delivers this via Base and Aerodrome DEX’s nonstop trading.

Finally, redemption seals the trust: “Redemption down to 1 gram expands accessibility and utility for collateral, lending, repos and beyond. Redemption builds trust, but tokenization is where the real utility comes from.”

The regulatory landscape

The regulatory landscape continues to play a pivotal role in the adoption of tokenized gold.

While GTSA is a Swiss-regulated entity supervised by FINMA-level standards, its presence on the Base network demonstrates a strategic navigation of global demand.

“Regulatory trends are likely to support tokenized gold adoption by rewarding transparent, well-governed structures that fit within existing financial and commodity frameworks,” Hemecker said. “Products with clear custody, governance and legal ownership are simply easier for institutions to assess and approve.”

The GENIUS Act, passed in the US in 2025, clarifies stablecoin rules, prioritizing 1:1 reserves and audits, which favor insured custody like MKS PAMP’s. The proposed CLARITY Act would split Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) purview, classifying some assets as “digital commodities.”

This past January, the SEC and CFTC held a joint harmonization event to align on digital asset oversight, while the CLARITY Act awaits Senate action after House passage in 2025.

Looking ahead

Looking ahead, Hemecker believes the trend favors “consolidation rather than proliferation.’

Tokenization can improve traceability and data continuity, aiding secondary markets like recycled gold. It connects the value chain from mine to vault to wallet, but needs “standards, audits, operational integration and regulatory alignment” for real transparency, according to Hemecker.

For mining and finance, DGLD modernizes the Swiss gold standard.

“Our focus … is building the foundations … so (it’s) ready to scale responsibly,’ said Hemecker.

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

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Maduro ally Alex Saab arrested in joint US-Venezuelan operation, official says

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Venezuelan official Alex Saab, a former businessman and close ally of captured former Venezuelan President Nicolás Maduro, was arrested in the Latin American country on Wednesday as part of a joint operation between the U.S. and Venezuela, according to a U.S. law enforcement official.

Saab, 54, who had previously been held in the U.S., is expected to be extradited to the U.S. in the coming days, the U.S. official told Reuters.

A lawyer for Saab, Luigi Giuliano, was cited in the Colombian newspaper El Espectador later on Wednesday, denying the arrest as ‘fake news.’ Journalists aligned with Venezuela’s government also made social media posts denying that Saab had been arrested.

Giuliano told Venezuelan news site TalCual that Saab may make an appearance to refute the arrest allegations himself but was consulting with the government about what had happened.

Venezuela’s top lawmaker, Jorge Rodríguez, did not confirm or deny the reports during a press conference, saying he had no information concerning the possible arrest.

This comes after the U.S. operation to attack Venezuela and arrest Maduro, and the Trump administration’s subsequent seizing of oil tankers from the country.

Saab’s arrest would suggest a new level of collaboration between U.S. and Venezuelan authorities under the government of interim President Delcy Rodríguez, Maduro’s former deputy, who currently controls Venezuela’s law enforcement agencies and actions.

The U.S. official highlighted the significance of Rodriguez’s cooperation in the joint operation.

Raul Gorrin, the head of Venezuela’s Globovision TV network, was also arrested in the operation, the official said.

Saab, who was born in Colombia, was previously detained in the African nation of Cape Verde in 2020 and held in the U.S. for more than three years on bribery charges. He was eventually granted clemency in exchange for the release of Americans held in Venezuela.

Before he was granted clemency, U.S. officials had charged Saab with taking around $350 million out of Venezuela through the U.S. as part of a bribery scheme connected to Venezuela’s state-controlled exchange rate.

Saab denied the allegations and appealed to have the charges dismissed on grounds of diplomatic immunity. An appeals court had not ruled on Saab’s appeal by the time the prisoner swap went through.

When he returned to Venezuela at the end of 2023, Maduro praised Saab’s loyalty to the country’s socialist revolution and called him a national hero.

Maduro later appointed Saab as industry minister, a position he held until last month, when he was dismissed by Rodriguez following the arrest of the country’s former leader.

Reuters contributed to this report.


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Investing in Graphene Companies

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Graphene is often heralded as the “wonder material” of the 21st century, and investing in graphene companies offers investors exposure to a growing number of graphene applications across a diverse set of industries.

Technological advancements in the electronics industry has given rise to new applications for graphene given its high electrical and thermal conductivity. This includes flexible display screens, wearable devices, high-speed transistors, and advanced energy storage systems.

Demand for graphene coatings and composites is rising from the energy storage, aerospace and automotive industries, among others. Graphene coatings are used in batteries, conductors and generators to improve energy efficiency and performance, while lightweight graphene composites are being used in aircraft and automobiles.

For those interested in how to invest in graphene, here’s a look at several publicly traded graphene companies making moves in the market today. These top graphene stocks are listed in alphabetical order, and all data was accurate as of January 20, 2026.

1. Black Swan Graphene (TSXV:SWAN)

Market cap: C$64.71 million

Black Swan Graphene describes itself as an emerging powerhouse in the bulk graphene business targeting end uses such as concrete and polymers. Black Swan’s offerings include its GraphCore graphene nanoplatelets products and polymer-ready graphene-enhanced masterbatches (GEM).

UK-based global chemicals manufacturer Thomas Swan & Co. holds a 15 percent interest in Black Swan and brings a portfolio of patents and intellectual property related to graphene production. Through this partnership, which the pair expanded in August 2025, Black Swan is building out a fully integrated supply chain from mine to graphene products.

Black Swan is in the process of more than tripling its production capacity from 40 metric tons of high-quality graphene annually to 140 metric tons per year by installing further capacity at its Thomas Swan facility in the UK.

In 2024, the company formed a commercial partnership with advanced materials engineering company Graphene Composites that will see Black Swan’s graphene used in the fabrication of GC Shield, a patented ballistic protection technology. It also secured a distribution and sales agreement with UK-based manufacturer of plastic materials Broadway Colours to incorporate Black Swan’s graphene nanoplatelets in the manufacture of graphene enhanced masterbatches for plastic manufacturing.

Black Swan made further deals in 2025, including a strategic partnership with thermoplastic compounds and concentrates manufacturer Modern Dispersions (MDI). Under the preferred compounder agreement, Black Swan will provide graphene nanoplatelets to Modern Dispersions, which will manufacture Graphene Enhanced Masterbatch for graphene applications.

In July and August of last year, Black Swan grew its global distribution and sales network through agreements with METCO Resources and Ferro. Then, in September, Black Swan was granted a Canadian patent for its ‘apparatus and method for bulk production of atomically thin 2D materials, including graphene.’

2. CVD Equipment (NASDAQ:CVV)

Market cap: US$28.72 million

CVD Equipment produces chemical vapor deposition, gas control and other types of equipment and process solutions for developing and creating materials and coatings for a range of industrial applications. CVD’s processing can be used to produce graphene and nanomaterials such as carbon nanotubes and silicon nanowires.

The company is targeting demand for silicon carbide wafers used in electric vehicles and semiconductors, as well as high performance battery materials, aerospace engine components and semiconductors.

Its PVT200 system is a key tool designed to grow silicon carbide crystals for the manufacture of 200 millimeter wafers used in semiconductors. Its chemical vapor infiltration system can be used to produce advanced, energy efficient materials for use within gas turbine engines.

CVD Equipment has a range of industrial and academic partnerships. In October 2025, the company received an order from Stony Brook University for two PVT150 systems that will be used in the school’s new semiconductor research center.

The company’s revenue for the first three quarters of 2025 totaled US$20.8 million, up 7.1 percent over the prior-year period. Its best performance came in Q1, with the company reporting its revenues for the quarter were up by 69 percent year-over-year to reach US$8.3 million. As for Q3, its revenue of US$7.4 million was down 9.6 percent from the prior-year quarter, attributed to ‘lower MesoScribe revenues following the cessation of its operations in 2024.’

In the Q3 update, CVD announced a strategic shift as a response to fluctuations in order rates and decreased bookings for its CVD Equipment division. As part of the shift, the company will transition from a vertically integrated fabrication model for its equipment division to outsourcing fabrication of some components.

3. Directa Plus (LSE:DCTA)

Market cap: GBP 13.16 million

Leading graphene nanoplatelet producer Directa Plus makes products designed for commercial applications such as textiles and composites. The Italy-based firm has developed a patented graphene material named G+ Graphene Plus, which is both portable and scalable. Directa Plus casts a wide net, even using its graphene for golf balls with the aim of improving users’ control and swings using elasticity.

Directa Plus inked in December 2023 what it called a ‘landmark agreement’ to acquire a proprietary system for preparing graphene compounds for market-ready battery and polymer applications, opening up two more potential markets for Directa Plus products.

Its graphene products also include its proprietary Grafysorber nanoplatelets-based technology that can absorb 100 times its own weight to recover oil and hydrocarbons through treating water, sludge and emulsions. The company stated it is seeing market traction in environmental contracts through its subsidiary Setcar, which is an environmental services company, and its Grafysorber tech.

Setcar secured a 1.5 million euro contract in February 2025 with Midia International to provide tank cleaning and waste disposal services using Grafysorber for Midia’s offshore drilling campaign in the Black Sea. That same month, Setcar renewed a 1.1 million euro contract with Ford Otosan, a Romanian subsidiary of Ford Motor (NASDAQ:F), to deliver total waste management services. In April, Setcar reported another contract extension, this time with OMV Petrom worth 1.59 million euros for the use of Grafysorber technology to treat oil sludges, emulsions and contaminated water.

For its fiscal year 2025 ended December 31, Directa Plus reported revenues of 7 million euros, up 5.1 percent compared to 6.66 million euros in the year prior.

4. First Graphene (ASX:FGR,OTCQB:FGPHF)

Market cap: AU$66.92 million

First Graphene is an advanced materials company that has developed an environmentally sound method of converting ultra-high-grade graphite into the competitively priced, high-quality graphene in bulk quantities. First Graphene is part of a nine-member consortium working to develop and commercialize lightweight impermeable cryogenic all-composite tanks for the safe storage and transport of liquid hydrogen.

The firm is working with three Australian universities on developing graphene products and associated intellectual properties, including PureGRAPH, its graphene powder. First Graphene is vertically integrated, and applications for its products extend to fire retardancy, energy storage and concrete, among others.

First Graphene has secured funding for a collaborative research project aimed at commercializing its Kainos technology for the production of ‘high-quality, battery-grade synthetic graphite and pristine graphene from petroleum feedstock using a scalable hydrodynamic cavitation manufacturing process.’

First Graphene announced in early 2025 that its Kainos technology secured patents from the Australian and South Korean governments, and the company completed a AU$2.4 million private placement to help fund the acceleration of its global commercial pipeline.

In May 2025, the company secured an exclusive supply agreement with Indonesian industrial safety boots manufacturer Alasmas Berkat Utama. The contract will see First Graphene provide approximately 2.5 metric tons of PureGRAPH 10 masterbatch over the first two years to be used in safety footwear for workers in the Southeast Asia mining industry. The company’s fiscal year 2025 annual income was estimated at AU$1.2 million in its June 2025 quarterly report.

First Graphene initiated a 10 month project in partnership with Imperial College London and University College London in July 2025 aimed at incorporating graphene in the 3D printing of metal components for use in high-end applications in the aerospace and motor sports industries.

In October 2025, sustainable energy company Senergy launched a new solar technology and automotive product range that uses PureGRAPH for the UK market.

In its fiscal Q2 2026 ended December 31, First Graphene reported its best-ever quarter, with operating cash inflows jumping 423 percent quarter-over-quarter to AU$853,000 and customer cash receipts increasing 156 percent.

5. Graphene Manufacturing Group (TSXV:GMG,OTCQX:GMGMF)

Market cap: C$398.39 million

Graphene Manufacturing Group (GMG) is a clean-technology company bringing to market energy saving and energy storage solutions based on its proprietary graphene production process.

Its products include graphene enhanced energy-saving coatings for HVAC, electronic heat sinks, industrial process plants and data center applications, as well as a graphene lubricant additive for diesel and gasoline engines.

In May 2025, GMG’s board of directors approved an AU$900,000 expenditure for the early works of its planned Gen 2.0 Graphene Manufacturing Technology plant will be built at GMG’s existing manufacturing facility in Queensland, Australia. With an estimated total capital cost of AU$2.3 million, the Gen 2.0 plant is expected to be online by end of June 2026. It will initially operate at 1 metric ton per annum, work will commence shortly after to upgrade its capacity to an expected 10 metric tons per annum.

That same month, GMG launched a website for direct sales of its engine performance enhancing graphene liquid concentrate G Lubricant, and in July it commenced direct sales to end customers in Australia, the UK, Europe, China, Canada and the US.

GMG is also working to develop and commercialize graphene aluminum-ion batteries in collaboration with Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) and the University of Queensland with funding from the Australian government. In a December 2025 update, the company reported that the battery can be charged in under 6 minutes and performs similarly to lithium titanate oxide batteries, which are comparatively high-cost.

‘With the possibility of charging from empty to full in around six minutes, this chemistry fundamentally changes how designers can think about electric vehicles, consumer electronics, and stationary storage,’ GMG Director Bob Galyen stated. The company plans to test sample cells with partners this year.

6. Haydale (LSE:HAYD)

Market cap: GBP 35.76 million

Through its subsidiaries, Haydale designs, develops and commercializes advanced materials. The company is focused on commercializing its proprietary heating ink-based technology and integrating graphene and other nanomaterials into next-generation industrial applications. As of 2026, it has expanded into a vertically integrated decarbonization platform through a newly acquired B2B platform.

Haydale has a partnership with the University of Manchester’s Graphene Engineering Innovation Centre (GEIC), through which it is researching and developing graphene-based innovations such as conductive ink heating applications for the automotive and future homes sectors.

In March 2025, the company announced it had secured new commercial contracts for its new heating systems from Affordable Warmth Solutions to develop a further graphene heater ink product, and with the national gas grid, National Gas Transmission, for the use of its technology in upgrading the gas network. The following month, Haydale shared that its JustHeat graphene-based heating system had achieved CE marking certification, meaning that it meets European safety and environmental standards compliance.

The company’s JustHeat was named National Product of the Year at the 2025 National Energy Efficiency Awards, recognizing the technology as delivering measurable improvements in energy performance.

To start 2026, Haydale completed its acquisition of Intelligent Resource Management, trading as SaveMoneyCutCarbon, a UK consulting company whose sustainability hub helps companies transition to net-zero. SMCC provides a route to market and customer-base for JustHeat and its other technologies. Following the acquisition, the graphene company officially shortened its name from Haydale Graphene Industries to Haydale.

7. HydroGraph Clean Power (CSE:HG,OTCQB:HGRAF)

Market cap: C$1.2 billion

HydroGraph Clean Power produces cost-effective, high-purity graphene, hydrogen and other strategic nanomaterials. The company has an exclusive license from Kansas State University to produce graphene and hydrogen via the organization’s patented detonation process, which results in 99.8 percent pure carbon content graphene.

Last year, results from a research study conducted with Arizona State University demonstrated that HydroGraph’s Fractal Graphene is an ideal material for ultra-high-performance concrete and 3D-printed structures. In addition, the company announced a technical collaboration with an unnamed global leader to use graphene technology in high-performance fiber applications.

HydroGraph launched an advanced graphene dispersions product line which is designed to produce high-performance electrodes for use in energy storage solutions. The line was developed in collaboration with battery materials and testing services company NEI.

In July 2025, Hydrograph kicked off a Compounding Partner Program aimed at reaching commercial-scale production of its high-performance Fractal Graphene in thermoplastics. The first group of certified partners are in the automotive and packaging sectors.

Hydrograph’s graphene products also have applications in the medical sector. The company has a commercialization agreement that will see Ease Healthcare market the LEAP early detection lung cancer test that incorporates HydroGraph’s patented fractal graphene with Hawkeye Bio’s patented biosensor.

Late last year, Hydrograph received its first US patent for an invention developed in its laboratories, covering a novel actuator technology that uses electrically conductive porous carbon materials, including the company’s proprietary Fractal Graphene, to generate controlled mechanical force.

8. NanoXplore (TSXV:GRA,OTCQX:NNXPF)

Market cap: C$444.5 million

Established in 2011, NanoXplore is able to produce high volumes of graphene at affordable prices due to its unique and environmentally friendly production process. The company’s GrapheneBlack graphene powder can be used in plastic products to greatly increase their reusability and recyclability.

NanoXplore is also targeting lithium-ion batteries with its patented SiliconGraphene battery anode material solution, which employs GrapheneBlack as a coating agent around silicon to make a safer, more reliable cell. NanoXplore’s graphene products are also being used in internal combustion engine vehicles.

As part of its five year strategic plan, in 2024 NanoXplore increased the production capacity at its plant in Québec, Canada. The capacity expansion will enable the company to meet increased demand from an existing customer for its graphene-enhanced composite products. The customer assumed a significant portion of the expansion costs.

In September 2025, NanoXplore announced a multi-year agreement to supply Chevron Phillips Chemical with its Tribograf carbon powder, which is produced at its Québec facility. The material is a key ingredient in NanoSlide, a lubricant for oil and gas drilling that the two companies developed together.

In October, NanoXplore received a contribution of up to US$2.75 million from the Government of Canada under the Energy Innovation Program.

In its fiscal 2025 financials for the year ended June 30, 2025, XanoXplore reported total revenues of C$128.91 million for the year, down 1 percent from the previous year, with a slower H2. This continued into its Q1 fiscal 2026 financials, with the company reported revenues of C$23.44 million, down 30 percent from the same period in the previous year.

‘After a strong Q1 last year, the reduction in volume demand from our two largest customers that began this year accelerated during the summer and significantly impacted our Q1 performance,’ NanoXplore chief financial officer Pedo Azevedo said. However, the company expects its new deals, including the one with Chevron Phillips, to help offset this going forward.

9. Talga Group (ASX:TLG,OTCQX:TLGRF)

Market cap: AU$201.97 million

Talga Group is a vertically integrated battery anode and materials company, mining its own graphite and producing anodes. It has operations in Sweden, Japan, Australia, Germany and the UK. The company also produces graphene additives for use by materials manufacturers in applications such as concrete, coatings, plastics and energy storage.

Talga has the Talphite and Talphene lines of graphene products, which include conductive additives for battery cathode and anode products, solid-state anodes and graphite recycling.

In April 2025, the Swedish Agency for Economic and Regional Growth granted Talgas’ Luleå anode refinery in Sweden Net-Zero Strategic Project status under the EU Net-Zero Industry Act. Luleå will be supplied by graphite from its Vittangi graphite project in Sweden. Two months later, the company announced that the Swedish government gave the greenlight to its mining permit for the Nunasvaara South natural graphite mine in Northern Sweden.

As for its end products, in May Talga secured a binding offtake agreement with battery charging technology company Nyobolt for approximately 3,000 metric tons of Talga’s flagship battery anode product, Talnode-C, for an initial term of four years starting May 13, 2025. The anodes will be supplied from the Luleå anode refinery.

In mid-August, Talga launched a new proprietary graphite anode product, Talnode-R, made from recycled lithium-ion battery waste from two recycling streams: gigafactory production scrap and spent anodes from end-of-life batteries.

Talga closed out the year by submitting a detailed mining plan for its Nunasvaara South graphite mine to the Swedish government. It also completed a AU$14.5 million placement, and the proceeds will help fund engineering study for a staged 5,000 metric ton per year ramp up in production.

In late January 2026, the Swedish government adopted Talga’s mining plan for Nunasvaara South, marking a significant milestone for the company.

Private graphene companies

The graphene stocks listed above are by no means the only graphene-focused companies. Investors interested in graphene would also do well to learn more about the private companies focused on graphene technology, including ACS Material, Advanced Graphene Products, Graphene Platform, Graphenea and Universal Matter.

FAQs for graphene

What is graphene?

Graphene is a single layer of carbon atoms arranged in a hexagonal lattice. First produced in 2004, when professors at England’s University of Manchester used Scotch tape to peel flakes of graphene off of graphite, the material is 200 times stronger than steel and thinner than a single sheet of paper. Graphene has many possible applications in various fields, such as batteries, sensors, solar panels, electronics, medical equipment and sports gear.

What are some good properties of graphene?

Graphene’s outstanding properties include high thermal and electrical conductivity, high elasticity and flexibility, high hardness and resistance, transparency and the ability to generate electricity via exposure to sunlight.

What is the difference between graphene and graphite?

Graphene and graphite are both allotropes of carbon, meaning they are structurally different forms of the same element. A key difference between them is that graphene is a single layer of graphite.

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

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Nicki Minaj accuses California Gov Newsom of ‘trying to be Trump’ in scathing interview

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Nicki Minaj, who has recently been a vocal critic of California Gov. Gavin Newsom, accused him in a new interview of trying to be like President Donald Trump, referring to recent social media posts of the governor’s that emulate the president’s frank style.

‘With Newscum, it’s the fact that with everything you said, but then having the audacity to be playing on Twitter, obsessed with Trump, trying to be Trump, trying to be funny when it’s not and then wanting to roll around in the mud with female rappers or whomever and completely missing the plot,’ Minaj told Katie Miller on her podcast this week.

Many of Minaj’s online attacks have been over the governor’s support of transgender children.

‘Imagine being the guy running on wanting to see trans kids,’ Minaj wrote on social media late last year. ‘Not even a trans ADULT would run on that. Normal adults wake up & think they want to see HEALTHY, SAFE, HAPPY kids. Not Gav. The Gav Nots. GavOUT. Send in the next guy, I’m bored.’

She suggested to Miller that Newsom would be better off not trying to compete with Trump.

‘But President Trump is already the president, get it?’ she said as if speaking directly to Newsom. ‘He’s already done it twice. He’s won. Good. OK. Meanwhile, you are embarking on what — a journey that will end up being a big huge failure for him.’

The ‘Tukoh Taka’ singer said the governor still doesn’t ‘seem to grasp the fact that these jokes that you’re making are only funny to your assistant, you know, the weirdo little guy that calls Black women stupid h— and stuff.’

Newsom’s assistant responded to one of Minaj’s slams on social media last year by posting a picture of a Nicki Minaj T-shirt in the trash. He captioned the image: ‘Stupid H–,’ a reference to her 2012 song of the same name.

She claimed that ‘no one cares’ about Newsom’s rhetoric online, ‘and he’s making a fool out of himself like when he went all the way to another country to speak ill of the country and the president. We would never want someone like that to be our president. Americans are so big on loyalty and that just showed us all you do not have a loyal bone in your body and no one is going to vote for you.’

Newsom spoke at the World Economic Forum in Davos, Switzerland, last month, expressing his concerns that ‘freedom of expression, freedom of assembly, freedom of speech’ are all under attack because of the Trump administration.

‘They’re censoring historical facts, they’re rewriting history,’ he added, also claiming that the administration had canceled an earlier event the governor was supposed to speak at.

Minaj said Newsom failed to respond to her when she asked for his office’s help ‘on Twitter about swatting calls that were happening that were clearly a part of their extended smear campaign. And he completely ignored it, right? And next thing you know, he’s on there flapping his gums about female rap stuff and trying to get in women’s business. So I had to. I had to show him who’s boss on Twitter.’

Newsom has only responded to her tirade of social media attacks once.

In December, he posted a mashup of videos and images of Trump, including with Jeffrey Epstein, set to Meghan Thee Stallion’s Minaj diss track ‘HISS.’

Fox News Digital has reached out to Newsom’s office for comment.


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