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Crypto Market Update: Robinhood Shares Fall on Lower Quarterly Crypto Revenue

Investing 6 Mins Read

Here’s a quick recap of the crypto landscape for Wednesday (February 11) 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 (BTC) was priced at US$67,551.42, down 18 percent over the last 24 hours.

Bitcoin price performance, February 11, 2026.

Chart via TradingView.

“Bitcoin appears to be entering a stabilization phase before its next directional move. In the near term, prices are likely to consolidate around the US$70,000 level as the market digests recent volatility and continued profit-taking, but the broader setup points to a gradual recovery toward the US$85,000 to US$95,000 range by mid-2026.

“The key driver is institutional behavior: ETF outflows are slowing rather than accelerating, suggesting that forced selling pressure is easing and longer-term allocators are becoming more selective instead of exiting outright. At the same time, regulatory progress — particularly around stablecoin frameworks and clearer market structure — continues to strengthen Bitcoin’s position as a maturing asset within global portfolios, especially as investors look for inflation hedges amid ongoing macro uncertainty.

“While short-term price action may remain uneven, innovation across DeFi and tokenized assets is reinforcing the underlying crypto ecosystem, creating conditions that have historically supported post-correction recoveries and attracted long-term capital back into Bitcoin.”

Ether (ETH) was priced at US$1,955.33, down by 2.8 percent over the last 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$1.38, down by 1.2 percent over 24 hours.
  • Solana (SOL) was trading at US$79.64, down by 3.5 percent over 24 hours.

Today’s crypto news to know

Robinhood shares Q4 earnings

Robinhood Markets (NASDAQ:HOOD) released its latest quarterly report on Wednesday, revealing net income totaling US$605 million for Q4 2025 and US$1.9 billion for the year.

The company reported a record US$1.28 billion in quarterly revenue, a 27 percent increase year-on-year, but shy of estimates of about US$1.36 billion. Its full‑year 2025 revenue reached US$4.5 billion, up 52 percent.

However, crypto revenue fell 38 percent to US$221 million in Q4.

Despite a fundamentally solid quarter, with record earnings per share of US$0.66 in Q4 and US$2.05 for 2025, shares dropped between 7 and 12 percent after the print and closed 9 percent lower on the day.

In other news, Robinhood launched a public testnet for Robinhood Chain, an Ethereum Layer 2 built on Arbitrum technology and designed to support tokenized real‑world and digital assets.

Developers can begin building and testing apps on it ahead of a future mainnet launch. The testnet offers network access, developer docs and compatibility with standard Ethereum tools, plus early support from infrastructure providers such as Alchemy, Chainlink and LayerZero. Robinhood also said it is committing US$1 million to the 2026 Arbitrum Open House program to encourage developer activity on the testnet and eventual mainnet.

Banks dig in on stablecoin yield as CLARITY Act stalls

US banks are hardening their position on stablecoin rules, escalating a policy clash that has left the long-awaited CLARITY Act stuck in Congress. During a White House-hosted meeting led by the administration’s crypto council, banking groups circulated a proposal calling for an outright ban on paying interest or other incentives to stablecoin holders.

The draft language states: “No person may provide any form of financial or non-financial consideration to a stablecoin holder” in connection with holding or using a payment stablecoin.

Banking groups warned that allowing yield on stablecoins could “drive deposit flight that would undercut Main Street lending,” while crypto advocates argued innovation should not be stifled. The dispute centers on whether stablecoin rewards resemble bank deposits, potentially siphoning funds from traditional lenders.

‘As we noted during the meeting, that framework can and must embrace financial innovation without undermining safety and soundness, and without putting the bank deposits that fuel local lending and drive economic activity at risk. We look forward to ongoing discussions to move market structure legislation forward,’ the American Bankers Association said in a statement following the meeting.

The standoff has become the main obstacle preventing the CLARITY Act from advancing, despite earlier passage of the GENIUS Act, which created a federal framework for dollar-backed stablecoins.

Goldman Sachs maintains US$1 billion Bitcoin ETF exposure

Goldman Sachs (NYSE:GS) disclosed in its latest US Securities and Exchange Commission filing that it holds just over US$1 billion in exposure to Bitcoin through exchange-traded funds (ETFs).

The exposure is split across products, including BlackRock’s iShares Bitcoin Trust ETF (NASDAQ:IBIT) and Fidelity’s Wise Origin Bitcoin ETF (NEO:FBTC). Bitcoin has dropped roughly 47 percent from its high and is trading near US$67,000, part of a broader US$2 trillion drawdown across the crypto market. ETF flows have been volatile, with more than US$6 billion exiting spot Bitcoin funds since November, according to industry data.

Despite the slump, Goldman has also expanded into Ether, XRP and Solana ETFs.

Monad launches Nitro accelerator

Blockchain company Monad announced Tuesday (February 10) launch of a new three month accelerator program, Nitro, supported by notable firms including Paradigm, Electric Capital, Dragonfly and Castle Island Ventures.

According to commentary provided in a media briefing accompanying the announcement, “The program is designed to address a common issue in crypto venture funding: teams often raise capital quickly but struggle to ship production-ready products or reach product-market fit. Nitro is structured around execution, shipping cadence, and validation, rather than short-term growth metrics or token-driven incentives.”

The press release notes that the Monad ecosystem has already seen US$108 million raised by projects.

The three month program includes an in-person first month in New York City, and will be followed by two months of focused execution, concluding with a Demo Day for crypto and tech investors.

Interactive Brokers adds Coinbase nano contracts

Interactive Brokers said it is adding “nano contracts’ from Coinbase Global’s (NASDAQ:COIN) derivatives arm to its trading platform. These contracts control fractions of a Bitcoin or Ether coin and require less upfront investment.

Clients can trade these futures, some with set expiry dates and others that track the current price over time, 24/7 within Interactive Brokers’ standard brokerage environment, alongside stocks and options.

The move is meant to make it easier and cheaper for people to get exposure to crypto prices and manage risk, while still using a regulated broker and exchange.

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.

This post appeared first on investingnews.com

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Investing

Tartisan Nickel: Working Towards a Feasibility Study and Production Decision at the Kenbridge Nickel Deposit

Investing 2 Mins Read

Tartisan Nickel (CSE:TN,OTCQX:TTSRF,FSE: 8TA) is a Canadian exploration and development company focused on advancing high-quality critical mineral assets in Ontario. Its flagship asset, the Kenbridge nickel project in Northwestern Ontario, is an advanced-stage nickel sulphide deposit containing nickel, copper and cobalt.

Management’s strategy for Kenbridge is clear and execution-driven: expand and upgrade the resource through drilling, extend potential mine life, and continue systematically de-risking the project.

Tartisan Nickel has been engaging with Treaty # 3 First Nations since May 2007.

At the same time, Tartisan holds the Sill Lake silver project, a past-producing silver-lead property near Sault Ste. Marie, Ontario. Supported by strong fundamentals for nickel, copper and silver, management positions Tartisan as a multi-asset story—providing investors with exposure to several value drivers within a single platform.

Company Highlights

  • Clear focus on drilling-driven value creation, with active programs designed to upgrade inferred resources, expand the deposit at depth, and extend mine life into the mid-teens
  • Low-capex development profile relative to many peer nickel projects, supported by a historic shaft, road access, and established infrastructure
  • Sill Lake Silver Project provides additional, underappreciated value, offering exposure to silver through a brownfields, past-producing asset with a defined historic resource
  • Experienced leadership team with deep capital markets and mine development experience, focused on disciplined capital allocation and unlocking value from opportunity-acquired assets

This Tartisan Nickel profile is part of a paid investor education campaign.*

Click here to connect with Tartisan Nickel (CSE:TN,OTCQX:TTSRF,FSE: 8TA) to receive an Investor Presentation

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Sirios Resources

Investing 5 Mins Read

Investor Insight

Sirios Resources is advancing one of Québec’s largest undeveloped gold deposits, combining a multi-million-ounce resource base, strong infrastructure access and deep regional expertise backed by the Osisko development ecosystem, creating a clear pathway toward re-rating and growth.

Overview

Sirios Resources (TSXV:SOI,OTCQB:SIREF) is a Québec-based gold exploration and development company focused on advancing a portfolio of high-potential projects in the Eeyou Istchee James Bay region of Québec. The company’s flagship asset, the Cheechoo gold project, ranks among the largest gold projects in the province by resource size. The project benefits from favourable geology, near-surface mineralization, and proximity to existing infrastructure, including road access, power lines and the nearby Éléonore mine. Sirios is advancing Cheechoo through systematic drilling, resource expansion and technical studies with the objective of progressing the project toward a PEA.

In December 2025, Sirios announced a transformational combination with OVI Mining, creating a district-scale gold platform anchored by Cheechoo and complemented by the Corvet Est and PLEX projects. The transaction brings Sirios into the Osisko development ecosystem, strengthening the company’s leadership team with proven mine-building and capital markets expertise, while retaining Sirios’ long-standing geological knowledge of James Bay.

With over three decades of continuous exploration in the region and strong relationships with local and Indigenous communities, Sirios is well-positioned to unlock value through disciplined project advancement and exploration-driven growth.

Company Highlights

  • Flagship Cheechoo gold project hosts approximately 3 million ounces of gold, including 1.3 million ounces indicated and 1.7 million ounces inferred, including additional underground resources
  • Located in Eeyou Istchee James Bay, Québec, a Tier-1 mining jurisdiction with strong government and community support
  • Low strip ratio (2.9:1) and high gold recoveries (92 percent) support attractive open-pit development potential at Cheechoo
  • Strategic combination with OVI Mining brings Osisko-backed leadership, capital markets strength and additional district-scale exploration assets

Key Projects

Cheechoo Gold Project

The 100 percent owned Cheechoo gold project is Sirios’ flagship asset located in Eeyou Istchee James Bay, Québec, near existing infrastructure and operating mines. The project hosts a large, near-surface gold deposit with scalable, open-pit potential and higher-grade underground extensions.

A 2025 mineral resource estimate outlines approximately 3 million ounces of gold, including 1.3 million ounces indicated at 1.12 grams per ton (g/t) gold and 1.7 million ounces inferred at 1.23 g/t gold, which includes 446,000 ounces of underground resources grading 3.09 g/t gold. The deposit exhibits a low strip ratio of 2.9:1 and high metallurgical recoveries of approximately 92 percent, supporting favourable development characteristics.

In addition to the current resource, Cheechoo hosts a significant exploration target ranging from 31 to 40 million tonnes grading between 1.27 and 1.45 g/t gold, highlighting strong potential for further resource growth. Sirios’ ongoing work is focused on expanding the resource base and advancing the project toward a preliminary economic assessment.

Corvet Est Gold Project

Corvet Est is a 6,500-hectare district-scale land package located east of Cheechoo within the same highly prospective James Bay geological corridor. The project comprises a historically drilled gold system that has seen limited modern exploration since 2012. Following consolidation by OVI Mining, Corvet Est now offers Sirios exposure to a large land package with multiple mineralized zones and significant upside potential.

Plex Gold Project

The PLEX project is a 21,000-hectare district-scale land package hosting the Orfée gold zone, characterized by multiple structural corridors and underexplored depth and strike potential. Historical drilling has confirmed gold mineralization, and Sirios plans to advance compilation, target refinement and exploration programs to unlock the project’s discovery potential.

Aquilon Gold Project

The Aquilon project is an optioned gold asset located in James Bay and hosts numerous high-grade gold showings, including some of the highest gold grades historically reported in Québec. Recent drilling has outlined a broad gold-mineralized halo with strong expansion potential. Exploration at Aquilon is currently being advanced in partnership with Sumitomo Metal Mining Canada, providing Sirios with continued exposure to exploration upside while limiting capital commitments.

Management Team (Post-Transaction)

Dominique Doucet. – Executive Chairman

Dominique Doucet is a veteran of Québec’s mineral exploration industry with more than 40 years of experience, including over 30 years in the Eeyou Istchee James Bay region. He founded Sirios Resources and has led the discovery of several significant gold occurrences, including the Cheechoo and Aquilon deposits.

Jean-Félix Lepage – Chief Executive Officer

Jean-Félix Lepage is a mining engineer with over 15 years of experience in mine operations and project development. Prior to joining Sirios, he served as vice-president of Projects at O3 Mining, where he advanced the Marban project, and previously held senior operational roles at Newmont, including at the Éléonore mine.

Sean Roosen – Board Member

Sean Roosen is the founder and executive chairman of Osisko Development and former CEO of Osisko Gold Royalties. He played a central role in the discovery, financing and development of the Canadian Malartic mine and is widely recognized as a leader in the global mining industry.

Laurence Farmer – Board Member

Laurence Farmer is CEO of Electric Elements Mining and General Counsel and vice-president of corporate development at Osisko Development. He brings extensive experience across mining, law and finance, with a strong background in corporate transactions and resource development.

This post appeared first on investingnews.com

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Investing

Sirios Resources: Advancing a Multi-million-ounce Gold Project in Québec’s James Bay Region

Investing 2 Mins Read

Sirios Resources (TSXV:SOI,OTCQB:SIREF) is a Québec-based gold exploration and development company focused on high-potential projects in the Eeyou Istchee James Bay region. Its flagship Cheechoo gold project ranks among the largest in the province by resource size and benefits from favourable geology, near-surface mineralization, and existing infrastructure, including road access, power lines, and proximity to the Éléonore mine. Sirios is advancing Cheechoo through systematic drilling, resource expansion, and technical studies, aiming to progress the project toward a Preliminary Economic Assessment (PEA).

In December 2025, Sirios completed a transformational combination with OVI Mining, creating a district-scale gold platform anchored by Cheechoo and complemented by the Corvet Est and PLEX projects. The transaction integrates Sirios into the Osisko development ecosystem, strengthening the leadership team with proven mine-building and capital markets expertise while maintaining the company’s deep geological knowledge of the James Bay region.

With over 30 years of continuous exploration in James Bay and strong partnerships with local and Indigenous communities, Sirios is well-positioned to create value through disciplined project advancement and exploration-driven growth. The company’s combination of experience, strategic assets, and community engagement underpins its long-term growth strategy.

Company Highlights

  • Flagship Cheechoo gold project hosts approximately 3 million ounces of gold, including 1.3 million ounces indicated and 1.7 million ounces inferred, including additional underground resources
  • Located in Eeyou Istchee James Bay, Québec, a Tier-1 mining jurisdiction with strong government and community support
  • Low strip ratio (2.9:1) and high gold recoveries (92 percent) support attractive open-pit development potential at Cheechoo
  • Strategic combination with OVI Mining brings Osisko-backed leadership, capital markets strength and additional district-scale exploration assets
  • Well-funded with recent treasury additions, supporting advancement of Cheechoo toward a preliminary economic assessment (PEA) and ongoing exploration across the portfolio

This Sirios Resources profile is part of a paid investor education campaign.*

Click here to connect with Sirios Resources (TSXV:SOI) to receive an Investor Presentation

This post appeared first on investingnews.com

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Prismo Metals Advances to Drilling at Historic Silver King Silver Project with Permit Approval and Contractor Engagement

Investing 7 Mins Read

(TheNewswire)

Vancouver, British Columbia, February 12th, 2026 TheNewswire — Prismo Metals Inc. (‘Prismo’ or the ‘Company’) (CSE: PRIZ,OTC:PMOMF | OTCQB: PMOMF) is pleased to announce that it has received formal permit approval from the U.S. Forest Service to proceed with its fully funded drill program at the Company’s historic Silver King Mine project located in Arizona’s prolific Copper Belt.

The approved permit authorizes drilling from multiple drill pads in the area of the historic mine designed to test the upper part of the Silver King mineralized body that was mined on nine levels over about 300 meters depth (Fig. 1).

Additional high-priority targets identified through recent exploration work can also be tested with some of the planned drill locations. Testing of other targets on private ground is being considered. Mobilization on site is scheduled for February 20th followed by preparatory site work and access improvements followed by drilling.

Dr. Craig Gibson, Chief Exploration Officer of Prismo Metals, commented: ‘Receiving approval for drilling at Silver King is a key milestone as we transition from surface exploration into active testing of the system. With funding in place for multiple phases of drilling, we are well positioned to evaluate the significant exploration potential of this historic, high-grade silver system.’

Alain Lambert, CEO of Prismo commented: ‘Following a very smooth permitting process with Forest Service, we are now ready to conduct the first ever comprehensive drill program at Silver King. Our exploration work to date has attracted the attention of many given the results we have published and our proximity (3.4 km) to Resolution Copper, a Rio Tinto/BHP joint venture. I expect the drilling program to heighten attention.’

Phase 1 Drill Program Highlights:

  • Fully funded program 

  • 1,000 meters of diamond drilling to test the upper portion of the steeply plunging, pipe-like Silver King mineralized body 

  • Mobilization to Silver King Project scheduled for February 20th, 2026 

  • Additional drilling to test lower down in the mineralized structure and mineralized areas adjacent to the historic mine may also be completed 


Click Image To View Full Size

Fig. 1.  Permitted drill sites planned for initial Phase I drilling at the Silver King mine shown by white dots.  The orange line indicates the approximate location of the cross section in Fig. 2.  View looking south-easterly.

Drilling will initially focus on testing the upper portion of the steeply west-dipping pipelike stockwork and breccia zone that historically produced high-grade silver and base metals (Fig. 2), as well as targets adjacent to and beneath historic workings. Initial drilling is estimated at 1000 meters in nine holes.  A second phase of drilling will be dedicated to testing at deeper levels and areas adjacent to the historic mine.

Dr. Gibson, added: ‘We are pleased to engage Godbe Drilling, a highly respected contractor with substantial experience in Arizona and a staging area near the project. The objective is to test the upper half of the steeply dipping pipelike Silver King mineralized body, as well as potential mineralization adjacent to the dense stockwork zones that were the focus of historic mining.’

Drilling Contractor Engagement

Prismo has engaged Godbe Drilling LLC to conduct this Phase 1 drilling program. Godbe Drilling LLC is a Colorado-based family-owned diamond core drilling and mineral exploration business with extensive operating experience in the southwestern United States, including Arizona.

 

Fig. 2.  Cross section through Silver King mine showing workings and first four planned drill holes.

 

Silver King Project Overview

The Silver King mine was discovered in 1875 and is one of Arizona’s most significant historic silver producers, with nearly six million ounces of silver produced at average grades ranging from approximately 61 to 21 ounces per ton during early production. Limited small-scale mining in the late 1990s yielded samples with exceptionally high silver and associated gold values, suggesting that high-grade mineralization remains within the system. The project is located within the same geological framework as other world-class deposits in the Arizona Copper Belt, and its proximity to active mining operations enhances its strategic significance.

Qualified Person

Dr. Craig Gibson, PhD., CPG., a Qualified Person as defined by NI-43-01 regulations and Chief Exploration Officer and a director of the Company, has reviewed and approved the technical disclosures in this news release.  

About Prismo Metals Inc.

Prismo (CSE: PRIZ,OTC:PMOMF) is a mining exploration company focused on advancing its Silver King, Ripsey and Hot Breccia projects in Arizona and its Palos Verdes silver project in Mexico.

Please follow @PrismoMetals on Twitter, Facebook, LinkedIn, Instagram, and YouTube

Prismo Metals Inc.

1100 – 1111 Melville St., Vancouver, British Columbia V6E 3V6 Phone: (416) 361-0737

 

Contact:

Alain Lambert, Chief Executive Officer alain.lambert@prismometals.com

Gordon Aldcorn, President gordon.aldcorn@prismometals.com

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Information

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as ‘intends’ or ‘anticipates‘, or variations of such words and phrases or statements that certain actions, events or results ‘may’, ‘could’, ‘should’, ‘would’ or ‘occur’. This information and these statements, referred to herein as ‘forward-looking statements’, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management’s expectations and intentions with respect to, among other things: the timing, costs and results of drilling at Silver King; and the intended use of any proceeds raised under recent financings.

These forward-looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: the potential inability of the Company to utilize the anticipated proceeds of the Private Placement as anticipated; and those risks set out in the Company’s public disclosure record on SEDAR+ (www.sedarplus.com) under the Company‘s issuer profile.

In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that the Company will use the proceeds of the Second Tranche as currently anticipated and on the timeline currently expected.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward- looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward- looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

Copyright (c) 2026 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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Politics

6 House Republicans defy Trump on key agenda item in Dem-pushed vote

Politics 3 Mins Read

The House of Representatives passed legislation on Wednesday aimed at reversing President Donald Trump’s tariffs on Canada after several Republicans joined Democrats for a rare rebuke of the GOP commander-in-chief.

Democrats successfully got a vote on a measure to reverse Trump’s national emergency at the northern border using a mechanism for forcing votes over the objections of House majority leadership, called a privileged resolution.

Trump signed an executive order in February 2025 implementing an additional 25% tariff on most goods from Canada and Mexico. Energy from Canada was subject to an additional 15% tariff.

At the time, the White House said it was punishment for those countries’ unwillingness to do more to stop the flow of illegal immigrants and illicit drugs into the U.S.

Opponents of Trump’s tariff strategy have criticized his moves against Canada in particular, arguing it was unjustly harming one of the U.S.’s closest allies and trading partners to the detriment of Americans themselves.

‘In the last year, tariffs have cost American families nearly $1,700. And that cost is expected to increase in 2026,’ Rep. Gregory Meeks, D-N.Y., who is leading the legislation, said during debate on Wednesday.

‘And since these tariffs were imposed, U.S. exports to Canada have fallen by more than 21%. When I go home, my constituents aren’t telling me that they have an extra $1,700 to spare. They’re asking me to lower grocery prices, lower the price of healthcare, and make life more affordable.’

Meeks also said, ‘Canada is our friend. Canada is our ally. Canadians have fought alongside Americans, whether it was in World War II or the war in Afghanistan, where 165 Canadians gave their lives after our country was attacked. There is no national emergency, there is no national security threat underpinning these threats.’

House Foreign Affairs Committee Chairman Brian Mast, R-Fla., argued the text of the resolution itself would end a national emergency related to fentanyl.

‘The gentleman over here, 5,000 people per year die in his state alone from fentanyl,’ Mast said of Meeks. ‘So if he wants to beg the question of who’s going to pay the price of him trying to end an emergency, that actually, for the first time, has Canada dealing with fentanyl because of the pressure being put on them — who’s going to pay the price? It’s going to be 5,000 more of his state’s residents. That’s who’s going to pay the price.’

He said the resolution was ‘not a debate about tariffs’ but rather Democrats trying to ‘ignore that there is a fentanyl crisis.’

The resolution was filed by Democrats months ago but was put on hold by an active measure by House GOP leaders that blocked the House from reversing Trump’s emergency declarations.

The president has used emergency declarations to bypass Congress on the subject of tariffs, a move that has drawn mixed reviews from Capitol Hill.

But that measure expired last month, and House GOP leaders’ bid to extend it through July 31 crashed and burned on Tuesday night when three Republicans joined Democrats to oppose it.

‘It is time for Congress to make its voice heard on tariffs,’ Rep. Don Bacon, R-Neb., one of the Republicans who voted in opposition to the Trump policy both on Tuesday and Wednesday, told Fox News Digital.

The legislation now heads to the Senate, which has voted in the past to restrict Trump’s tariff authority.

Even if it succeeds there, however, it’s likely to be hit with a veto from the president.

This post appeared first on FOX NEWS

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Only one House Dem voted in favor of voter ID, proof of citizenship in US elections

Politics 3 Mins Read

The House of Representatives passed a massive election integrity overhaul bill on Wednesday despite opposition from the vast majority of Democrats.

The House passed Rep. Chip Roy’s SAVE America Act, legislation that’s aimed at keeping non-citizens from voting in U.S. federal elections. 

It is an updated version of the Safeguarding American Voter Eligibility (SAVE) Act, also led by Roy, R-Texas, which passed the House in April 2025 but was never taken up in the Senate.

Whereas the SAVE Act would create a new federal proof of citizenship mandate in the voter registration process and impose requirements for states to keep their rolls clear of ineligible voters, the updated bill would also require photo ID to vote in any federal elections.

It would also require information-sharing between state election officials and federal authorities in verifying citizenship on current voter rolls and enable the Department of Homeland Security (DHS) to pursue immigration cases if non-citizens were found to be listed as eligible to vote.

Democrats have attacked the bill as tantamount to voter suppression, while Republicans argue that it’s necessary after the influx of millions of illegal immigrants who came to the U.S. during the four years of the Biden administration.

‘If we want to rebuild confidence again in American elections, we need to pass the SAVE Act,’ Rep. Mike Haridopolos, R-Fla., told Fox News Digital. ‘What better way to eliminate that distrust than to make sure that whoever votes in an American citizen who is truly eligible to vote?’

House Minority Whip Katherine Clark, D-Mass., accused Republicans of trying to make it harder for women to vote. She argued that the legislation would make it more difficult for married women to cast ballots if their surname is different from their maiden name on their birth certificate.

‘Republicans aren’t worried about non-citizens voting. They’re afraid of actual American citizens voting. Why? Because they’re losing among women,’ Clark said during debate on the House floor. ‘This is a minefield of red tape that you have put in front of women and American citizens and their right to vote.’

But House GOP Policy Committee Chairman Kevin Hern, R-Okla., emphasized that it was about keeping illegal immigrants from voting in U.S. elections.

‘This really is about feeding the narrative that Democrats want illegally from all over the world to come here to support them,’ Hern said of Democrats’ opposition.

If implemented, the bill could see new requirements imposed on voters in this year’s November midterm elections.

But it would have to pass the Senate, where current rules dictate that at least several Democrats are needed to meet the 60-vote threshold to overcome a filibuster.

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Trump meets Netanyahu, says he wants Iran deal but reminds Tehran of ‘Midnight Hammer’ operation

Politics 4 Mins Read

Iran dominated the agenda in Wednesday’s White House meeting between President Donald Trump and Israeli Prime Minister Benjamin Netanyahu, with both leaders signaling that diplomacy with Tehran remains uncertain and that coordination will continue if talks fail.

In a post on Truth Social following the meeting, Trump said he pushed for continued negotiations but left open other options.

‘There was nothing definitive reached other than I insisted that negotiations with Iran continue to see whether or not a deal can be consummated. If it can, I let the Prime Minister know that will be a preference. If it cannot, we will just have to see what the outcome will be… Last time Iran decided that they were better off not making a deal, and they were hit with Midnight Hammer — That did not work well for them.’

Netanyahu’s office said the leaders discussed Iran, Gaza and broader regional developments and agreed to maintain close coordination, adding that the prime minister emphasized Israel’s security needs in the context of negotiations.

Earlier in the day, Netanyahu formally joined the U.S.-backed Board of Peace, signing onto the initiative ahead of the meeting after weeks of hesitation. The move places Israel inside a forum that includes Western partners as well as Turkey and Qatar, whose involvement in Gaza has drawn criticism in Jerusalem.

Experts say the decision reflects strategic calculations tied to both Gaza and Iran.

Dr. Dan Diker, president of the Jerusalem Center for Security and Foreign Affairs, said Netanyahu’s participation is directly linked to cooperation with Washington and to shaping postwar arrangements in Gaza.

‘It is in Israel’s interest for Prime Minister Benjamin Netanyahu to join the Board of Peace. He needs a place at that table even alongside adversarial powers such as Muslim Brotherhood-aligned countries Qatar and Turkey. Netanyahu’s membership in the Board of Peace is an important element in his cooperation with President Trump to help implement the 20-point plan, with deradicalization, disarming Hamas and demilitarization as the first three non-negotiable actions.’

Diker said the decision is also tied to Iran. ‘More strategic reason that Netanyahu’s membership on the Board of Peace is important is that it represents an element of cooperation to counter the Iranian regime. Netanyahu is likely counting on action against the Iranian regime from the Iranian people themselves and from the United States in the coming weeks. In exchange, Netanyahu continues to cooperate in implementing the 20-point plan in Gaza as part of a quid pro quo.’

Blaise Misztal, vice president for policy at the Jewish Institute for National Security of America, described Israel’s move as a pragmatic choice shaped by the incomplete implementation of the Gaza deal and the broader regional threat environment.

‘The implementation of the Gaza peace deal leaves much to be desired. Hamas, despite being given 72 hours to release all hostages, took over 100 days to do so; Hamas has still not disarmed; there is neither an International Stabilization Force nor any countries jumping at the chance to join it; and the Board of Peace comprises countries that have shown themselves enemies of peace with Israel.’

He said Israel ultimately chose engagement over isolation. ‘Proceeding with the deal — including joining the Board of Peace — is Israel’s least bad option. Israel has a better chance of countering or balancing Turkish and Qatari influence on the Board of Peace by being in the room with them, rather than outside it.’

Misztal also linked the timing to Iran. ‘With the United States having a real chance to disarm, or even topple, the Iranian regime and the risk that Tehran might yet lash out at Israel, there is no interest in doing anything that would risk restarting the war in Gaza.’

This post appeared first on FOX NEWS

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Trump threatens ‘consequences’ after 6 House Republicans voted to reverse his Canada tariffs

Politics 3 Mins Read

President Donald Trump is threatening to back election challengers against the six House Republicans who joined Democrats in voting to reverse his tariffs on Canada.

The president sent out an ominous warning to GOP lawmakers in the House and Senate just before his agenda suffered a blow on Capitol Hill Wednesday evening.

‘Any Republican, in the House or the Senate, that votes against TARIFFS will seriously suffer the consequences come Election time, and that includes Primaries!’ Trump posted on Truth Social.

He argued that the trade deficit was reduced significantly while U.S. financial markets hit significant high points because of his tariff policies.

‘In addition, TARIFFS have given us Great National Security because the mere mention of the word has Countries agreeing to our strongest wishes,’ Trump continued. 

‘TARIFFS have given us Economic and National Security, and no Republican should be responsible for destroying this privilege.’

Democrats successfully got a vote on a measure to reverse Trump’s national emergency at the northern border using a mechanism for forcing votes over the objections of House majority leadership called a privileged resolution.

The six Republicans who voted in favor of the measure are Reps. Dan Newhouse, R-Wash., Kevin Kiley, R-Calif., Don Bacon, R-Neb., Jeff Hurd, R-Colo., and Brian Fitzpatrick, R-Pa. 

One Democrat, Rep. Jared Golden, D-Maine, voted with the majority of Republicans on the matter. It passed 219-211.

It’s not clear how much impact Trump’s threat will have, however.

Both Newhouse and Bacon are not running for re-election in the 2026 midterms, and Trump is already endorsing a primary challenger against Massie.

Kiley, whose district was severely impacted by California Democrats’ new congressional map, has not yet said whether he will run for re-election or where he will do it.

Fitzpatrick and Hurd are both well-liked incumbents in their districts, which are top targets for Democrats come November.

Trump signed an executive order in February 2025, enacting an additional 25% tariff on most goods from Canada and Mexico. Energy from Canada was subject to an additional 15% tariff.

At the time, the White House said it was punishment for those countries’ unwillingness to do more to stop the flow of illegal immigrants and illicit drugs into the U.S.

Opponents of Trump’s tariff strategy have criticized his moves against Canada in particular, arguing it was unjustly harming one of the closest allies of the U.S. and trading partners to the detriment of Americans themselves.

But Republicans who voted against the legislation pointed out that Trump said the fentanyl crisis was the reason for issuing the emergency in the first place, and said the drug was still killing Americans.

The legislation now heads to the Senate, where Republicans have voted to rebuke Trump’s tariff strategy in the past despite similar warnings from the president.

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Gabbard ends task force that aimed to reform intelligence gathering after less than a year

Politics 3 Mins Read

Director of National Intelligence Tulsi Gabbard announced she was ending the work of a task force that sought to reform the U.S. intelligence community, including rooting out what she described as the politicization of intelligence gathering, after less than a year since its creation.

Gabbard established the group in April, when it was also tasked with probing ways to reduce spending on intelligence and whether reports on high-profile topics such as COVID-19 should be declassified.

In a statement on Wednesday, Gabbard said the task force’s work was always intended to be temporary after she was tapped to oversee coordination of the 18 U.S. intelligence agencies.

‘In less than one year, we’ve brought a historic level of transparency to the intelligence community,’ Gabbard said in her statement. ‘My commitment to transparency, truth, and eliminating politicization and weaponization within the intelligence community remains central to all that we do.’

The number of officers assigned to the task force, as well as their identities, are classified, according to Gabbard’s office.

The officers will now return to other intelligence agencies to continue the work the group started, her office added.

The group sparked criticism against Gabbard after its creation, with Democrats and some intelligence insiders raising questions about whether it would be used to undermine intelligence agencies and bring them under tighter control of President Donald Trump.

Sen. Mark Warner, D-VA, vice chairman of the Senate Intelligence Committee, said last year that the group appeared to be a ‘pass for a witch hunt’ designed to target intelligence officers deemed disloyal to Trump.

‘This seems to be just a pass for a witch hunt and that’s going to further undermine our national security,’ Warner told Reuters at the time.

Gabbard has implemented significant changes to the country’s intelligence gathering in the last year, including by using agencies to back up Trump’s claims about alleged interference in the 2016 and 2020 elections.

In August, she revealed plans to cut her office’s workforce and slash more than $700 million from its annual budget. She also fired two top intelligence officials in May after concluding that they opposed Trump.

Since Gabbard took over as director, the federal government has revoked the security clearances of dozens of former and current officials, including high-profile political opponents of the president, which critics have panned as being a punishment for siding against Trump rather than posing security risks.

Gabbard’s presence for a recent FBI search of a Georgia election office in connection to the 2020 election has led to criticism from Democrats who argue she is blurring the traditional lines between foreign intelligence collection and domestic law enforcement.

The CIA has also released additional information about its investigations into the origins of COVID-19, such as an assessment released last year that affirmed the position that it most likely originated in a lab in China.

The Associated Press contributed to this report.

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