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Here’s a quick recap of the crypto landscape for Friday (February 13) 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$68,987.01, up 5.2 percent over the last 24 hours.

Bitcoin price performance, February 13, 2026.

Chart via TradingView.

A constructive scenario over the next three to six months depends on gradual improvement in global liquidity, moderation in yields and steady exchange-traded fund (ETF) inflows.

According to Tran, if financial conditions tighten or additional liquidity stress occurs, the market may need another washout to rebalance leverage. Ultimately, the return of confidence, reflected through durable and sustainable capital inflows, is what matters most for the transitional phase.

Ether (ETH) was priced at US$2,054.76, up by 7 percent over the last 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$1.41, up by 4.7 percent over 24 hours.
  • Solana (SOL) was trading at US$85.01, up by 10.2 percent over 24 hours.

Today’s crypto news to know

Coinbase posts US$667 million Q4 loss

Coinbase Global (NASDAQ:COIN) reported a fourth quarter net loss of US$667 million as falling crypto prices weighed on its revenue and the value of its investment portfolio. The company’s revenue came in at US$1.78 billion, below analysts’ expectations, making a 22 percent decline from a year earlier.

The firm attributed much of the loss to a US$718 million drop in portfolio value, largely unrealized, alongside weaker transaction activity. Shares slid ahead of the release and have fallen more than 55 percent over the past six months as cryptocurrencies retreated. Despite the surprise slide, CEO Brian Armstrong sought to reassure investors, saying the firm remains “deliberately well capitalized” with US$11.3 billion in cash and equivalents.

He added that retail customers are largely holding rather than selling, even as volatility persists.

Bitcoin ETFs lose US$410 million

Spot Bitcoin ETFs saw US$410 million in outflows on Thursday (February 12), extending a rocky stretch that has drained nearly US$1.5 billion over two weeks.

The iShares Bitcoin Trust ETF (NASDAQ:IBIT) led the pullback, followed by Fidelity and Grayscale products, as institutional investors recalibrated positions amid macro uncertainty.

Treasury chief pushes CLARITY Act as crypto selloff deepens

US Secretary of the Treasury Scott Bessent urged Congress to pass the Digital Asset Market CLARITY Act this spring, arguing that it will provide stability to markets rattled by volatility.

Speaking on CNBC and later before the Senate Banking Committee, Bessent said the bill will give “great comfort to the market,” and warned that parts of the crypto industry are resisting what he called “very good regulation.”

“There seems to be a nihilist group in the industry who prefers no regulation over this very good regulation,” he told lawmakers, drawing support from Senator Mark Warner.

The legislation has stalled amid disputes over stablecoin yield, DeFi oversight and token classifications, with critics — including Coinbase CEO Brian Armstrong — raising objections. Bessent cautioned that a bipartisan coalition backing the bill could fracture if Democrats retake the House in November. Warner, meanwhile, stressed unresolved concerns around illicit finance and national security risks tied to DeFi.

HIVE’s BUZZ HPC platform secures US$30 million in AI cloud contracts

BUZZ High Performance Computing (HPC), a Hive Digital Technologies (TSXV:HIVE,NASDAQ:HIVE) platform, announced that it has signed customer agreements valued at approximately US$30 million over two year fixed terms for artificial intelligence (AI) cloud contracts. The new contracts will support the initial phase of BUZZ’s AI-optimized GPU deployment at its Canada West location in Manitoba, with compute capacity expected to be online during the quarter ending on March 31, 2026. This phase consists of 504 liquid-cooled Dell Technologies (NYSE:DELL) server-based GPUs.

This initial phase is expected to generate about US$15 million in annual recurring revenue (ARR) to BUZZ’s cloud business once fully operational, increasing HIVE’s total annualized HPC segment revenue to roughly US$35 million.

HIVE said it aims to scale its HPC GPU AI cloud business toward approximately US$140 million in ARR over the next year. The company is using vendor financing and strategic partnerships to scale efficiently and pursue a “dual-engine strategy” of hashrate services and GPU-accelerated AI computing across its facilities in Canada, Sweden and Paraguay.

Taurus and Blockdaemon partner to expand institutional staking

Taurus, a Swiss fintech firm that provides digital asset infrastructure for banks and financial institutions, announced an agreement with blockchain infrastructure company Blockdaemon that will allow banks to offer staking yields to their clients without having to move those assets out of tightly controlled, regulated custody.

Taurus will integrate Blockdaemon’s staking infrastructure into its custody product, Taurus‑PROTECT, which is designed to keep digital assets safe inside banks’ own systems under financial regulator rules.

Taurus also has an agreement to provide digital asset custody, tokenization and node management technology that State Street uses to power its full‑service digital asset platform for institutional investors. Additionally, BNY Mellon (NYSE:BK) is broadening its digita asset platforms by partnering with infrastructure providers, including Blockdaemon.

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

We also break down next week’s catalysts to watch to help you prepare for the week ahead.

In this article:

    This week’s tech sector performance

    The Nasdaq Composite (INDEXNASDAQ:.IXIC) ended in the green on Monday (February 9) despite a weaker open.

    A rally in tech companies drove US stocks higher ahead of an economic data release, while Asian indexes also rose, led upward by Japan’s tech‑heavy Nikkei 225 (INDEXNIKKEI:NI225).

    It hit new record highs after Prime Minister Sanae Takaichi’s Liberal Democratic Party secured a landslide victory in the Lower House, clearing the path for tax cuts and higher defense spending.

    Tax planning and wealth management stocks fell on Tuesday (February 10) after financial software provider Altruist unveiled an artificial intelligence (AI) tool for creating tax strategies, echoing last week’s selloff in legal software stocks following the debut of a lawyer-focused AI platform.

    Broader tech‑driven weakness and softer‑than‑expected retail‑sales data dragged the Nasdaq down in Tuesday’s session. The index rose again on Wednesday (February 11) after January data showed labor market stability, potentially allowing the US Federal Reserve to keep interest rates steady as it monitors inflation.

    Software stocks resumed their slide, with Alphabet (NASDAQ:GOOGL) at one point down more than 2 percent, Microsoft (NASDAQ:MSFT) falling over 2.5 percent and Amazon (NASDAQ:AMZN) slipping about 1 percent.

    Personal computer makers also fell after Lenovo Group (HKEX:0992,OTCPL:LNVGF) warned of shipment pressure from a memory chip shortage. HP (NYSE:HPQ) and Dell Technologies (NYSE:DELL) each lost about 4.5 percent.

    After a muted close, investors turned their AI disruption fears to yet another corner of the market on Thursday (February 12). This time, it was logistics and trucking stocks, which plummeted after AI logistics firm Algorhythm Holdings (NASDAQ:RIME) said it has scaled freight volumes by 300 to 400 percent without increasing headcount.

    This event showed traders that AI is now affecting sectors previously thought to be resistant to automation and AI‑driven efficiency gains, leading to selloffs that also spilled into real estate and drug distribution.

    All three major indexes closed lower, with the Nasdaq hit hardest.

    A softer-than-expected US consumer price index report released on Friday (February 13) morning reinforced beliefs that the Fed is likely to cut interest rates this year, while global concerns about potential AI-driven disruptions kept investors cautious. European and Asian indexes lost ground, tracking Wall Street’s losses.

    While the S&P 500 (INDEXSP:.INX) closed slightly ahead on the day, mega-cap tech stocks dragged on the Nasdaq, which closed the week 1.77 percent below Monday’s open.

    3 tech stocks moving markets this week

    1.Cloudflare (NYSE:NET)

    Cybersecurity firm Cloudflare saw its share price surge after its sales guidance for the current quarter exceeded expectations. Shares closed 13.07 percent higher for the week.

    2. Applied Materials (NASDAQ:AMAT)

    Applied Materials, a provider of materials engineering solutions for the semiconductor sector, saw its share price rise sharply after reporting better-than-forecast quarterly financial results. Shares advanced 10.05 percent.

    3. Taiwan Semiconductor Manufacturing Company (NYSE:TSM)

    Taiwan Semiconductor Manufacturing Company rose after D.A. Davidson analyst Gil Luria gave it a ‘buy’ rating with a US$450 price target and called it a top AI foundry name. Shares advanced 5.02 percent.

    Cloudflare, TSMC and Applied Materials performance, February 9 to 13, 2026.

    Chart via Google Finance.

    Top tech news of the week

        • Alphabet completed two bond sales this week, raising a combined total of nearly US$52 billion. On Monday, the company sold US$20 billion in US dollars, followed by a nearly US$32 billion multi‑currency bond sale in British pounds and Swiss francs completed within 24 hours on Tuesday.

                                    Tech ETF performance

                                    Tech exchange-traded funds (ETFs) track baskets of major tech stocks, meaning their performance helps investors gauge the overall performance of the niches they cover.

                                    This week, the iShares Semiconductor ETF (NASDAQ:SOXX) advanced by 2.56 percent, while the Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) advanced by 1.89 percent.

                                    The VanEck Semiconductor ETF (NASDAQ:SMH) also increased by 2.19 percent.

                                    Tech news to watch next week

                                    Tech stocks face a quieter earnings backdrop next week, with no mega‑cap AI giants reporting; instead, the sector will be trading on macro cues and any guidance hints from mid‑tier semis and software names.

                                    Key US data includes jobs‑related releases and consumer confidence surveys.

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

                                    This post appeared first on investingnews.com

                                    In the face of President Donald Trump’s concerns about Arctic security and his calls for the U.S. to acquire Greenland, NATO has launched a security effort called ‘Arctic Sentry.’

                                    ‘Still, in the face of Russia’s increased military activity and China’s growing interest in the High North, it was crucial that we do more, which is why we have just two hours ago launched Arctic Sentry,’ NATO Secretary General Mark Rutte said during remarks on Wednesday.

                                    ‘Initially, it will bring together exercises like Denmark’s Arctic Endurance and Norway’s Cold Response,’ he noted. 

                                    Last month, U.S. President Donald Trump said in a Truth Social post that he had a ‘very productive meeting’ with NATO’s Rutte.

                                    ‘We have formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region. This solution, if consummated, will be a great one for the United States of America, and all NATO Nations,’ Trump wrote at the time.

                                    In a statement provided to Fox News Digital on Thursday, a White House official said, ‘The Arctic is a critical region for U.S. national security and the economy. As an Arctic nation, the United States will pursue its security and economic interests and ensure safety, stability, and prosperity in the face of growing competition from China and Russia.’

                                    A Wednesday press release from Supreme Headquarters Allied Powers Europe noted, ‘Allied Command Operations (ACO), which is responsible for the planning and execution of all NATO exercises, activities and operations, began Arctic Sentry today.’

                                    ‘The preparations for Arctic Sentry provided NATO planners with full visibility of Allied nations’ activities in the Arctic and High North. Moving forward, ACO will use Arctic Sentry to cohere these actions into one overarching operational approach to Allies’ increasing activities, which will enhance NATO’s presence there,’ the press release notes. 

                                    ‘These activities include, among others, Denmark’s Arctic Endurance, a series of multi-domain exercises designed to enhance Allied ability to operate in the region, and Norway’s upcoming exercise Cold Response, where troops from across the Alliance have already begun to arrive,’ the release states.

                                    This post appeared first on FOX NEWS

                                    Senate Minority Leader Chuck Schumer, D-N.Y., blocked Senate Republicans’ attempt to fund the Department of Homeland Security (DHS) for the rest of the year, teeing up a likely shutdown.

                                    The upper chamber tried and failed to pass the original DHS funding bill Thursday, testing Senate Democrats’ resolve as the deadline to fund the agency approaches Friday.

                                    The bill failed largely along party lines, save for Sen. John Fetterman, D-Pa., who joined Republicans in their attempt to fund DHS. 

                                    Senate Democrats have demanded a stringent list of reforms to Immigration and Customs Enforcement (ICE). They weren’t persuaded by border czar Tom Homan that operations in Minneapolis would be drawn down as negotiations continue.

                                    ‘The administration doesn’t actually want to reform ICE,’ Schumer said. ‘They never do it on their own. That is why we need — we are fighting for — legislation to rein in ICE and stop the violence.’

                                    It was a déjà vu moment from months earlier, when Thune repeatedly tried to peel Democrats away from Schumer during the longest government shutdown in U.S. history but failed to break their blockade.

                                    Failure to send the full-year DHS funding bill to President Donald Trump’s desk leaves Congress with few options as the midnight Friday deadline looms. 

                                    The Senate is now expected to take another shot at preventing a partial shutdown with a short-term extension of DHS funding. Republicans are eyeing at least four more weeks of funding for the agency, though that plan is also expected to fail.

                                    Still, negotiations are ongoing in the background, and Thune said there was some progress despite Democrats continuing to publicly reject Republicans’ offers.

                                    ‘They’re posturing right now, I think,’ Thune said. ‘But I do think the progress has been real. I think the concessions on the part of the administration have been real.’

                                    Senate Democrats received the legislative version of Republicans and the White House’s counteroffer Wednesday night, but many said it was ‘not sufficient.’ Several Democrats leaving a closed-door meeting Thursday morning said a deal remains out of reach.

                                    ‘We’re still looking at it, but no, not today,’ Sen. Patty Murray, D-Wash., the top Democrat on the Senate Appropriations Committee, said. ‘They have not addressed most of our major concerns at all.’

                                    Murray signaled Democrats would present their own counterproposal to the White House, a sign negotiations are ongoing, though likely not fast enough to avert a shutdown.

                                    Lawmakers are facing the Friday deadline as both chambers prepare for a weeklong recess. Several members of the House and Senate are expected to travel to Germany for the annual Munich Security Conference.

                                    While Thune said a deal could still be within reach, he indicated lawmakers may leave Washington while talks continue.

                                    ‘But, you know, until then, I don’t know if there’s any point keeping people around here and sitting around doing nothing,’ he said.

                                    This post appeared first on FOX NEWS

                                    South Korea’s espionage agency, the National Intelligence Service, informed lawmakers Thursday that it thinks North Korean leader Kim Jong Un’s teenage daughter is near to being set apart as the regime’s future leader, The Associated Press reported.

                                    Kim is the third generation of men in his family to rule North Korea.

                                    In a closed-door briefing, NIS officials said they are closely monitoring whether Kim’s daughter — believed to be named Kim Ju Ae and around 13 years old — appears with him before thousands of delegates at the upcoming Workers’ Party Congress, said lawmaker Lee Seong Kweun, who attended the meeting.

                                    ‘In the past, (NIS) described Kim Ju Ae as being in the midst of ‘successor training.’ What was notable today is that they used the term ‘successor-designate stage,’ a shift that’s quite significant,’ Lee noted, according to the outlet.

                                    In 2023, South Korea’s National Intelligence Service indicated to lawmakers that the North Korean leader and his wife probably had an older son as well as a younger, third child of unknown gender, according to The Associated Press.

                                    North Korea is one of the world’s few nuclear-armed nations, making it a unique threat on the global stage.

                                    A 2025 U.S. Intelligence Community Annual Threat Assessment stated, ‘Kim remains committed to increasing the number of North Korea’s nuclear warheads and improving its missile capabilities to threaten the Homeland and U.S. forces, citizens, and allies, and to weaken U.S. power in the AsiaPacific region, as evidenced by the pace of the North’s missile flight tests and the regime’s public touting of its uranium enrichment capabilities.’

                                    ‘Russia is increasingly supporting North Korea’s nuclear status in exchange for Pyongyang’s support to Moscow’s war against Ukraine,’ the assessment noted.

                                    The Associated Press contributed to this report

                                    This post appeared first on FOX NEWS

                                    President Donald Trump’s pick to serve as U.S. ambassador to the United Nations (U.N.) office focused on aviation is facing heightened scrutiny for hundreds of thousands of dollars in back taxes that were not disclosed in official ethics documents obtained by Fox News Digital. 

                                    Jeffrey Anderson, a retired Delta Air Lines captain and U.S. Navy veteran, was nominated to serve as the U.S. ambassador to the International Civil Aviation Organization in July 2025. The International Civil Aviation Organization is a U.N. office based in Canada that is charged with overseeing international aviation standards, including issues related to safety, navigation and environmental protection. 

                                    The administration has backed him as ‘highly qualified’ for the role and a ‘great choice to represent the President’s America First foreign policy agenda in the international aviation community,’ in a statement to Fox News Digital in 2025 as his tax issues and past support of Democrats came to light. 

                                    The role is a Senate-confirmed post, with Anderson’s nomination sitting before the Senate Foreign Relations Committee. 

                                    Now, Anderson has signed his ethics agreement and disclosure forms, but mentions of the now-paid off liens are not included, Fox News Digital found.  

                                    Fox News Digital obtained Anderson’s IRS Certificates of Release of Federal Tax Lien that show he and his wife had multiple federal tax liens stemming from tax years 2013–2019, with unpaid assessed balances totaling approximately $426,000. The liens were related to ‘small business/self employed’ taxes, according to the documents. 

                                    A federal tax lien is ‘the government’s legal claim against your property when you neglect or fail to pay a tax debt,’ according to the IRS. 

                                    The liens, filed in two Georgia counties, were not released until October 2025 after payment was fulfilled. One IRS Certificate of Release of Federal Tax Lien shows liens tied to the 2012–2018 tax years totaling $354,791.63 and later released on Oct. 15, 2025, according to the documents obtained by Fox Digital. A second release shows a lien tied to tax year 2019 totaling $71,313.11 and released Oct. 29, 2025. 

                                    Anderson’s Public Financial Disclosure Report, called OGE Form 278e, however, only lists a single mortgage in the liabilities section — not any disclosures of federal tax liens or IRS liability, according to the documents obtained by Fox News Digital. The OGE Form 278e does detail boilerplate and detailed information on Anderson’s assets, past employment and income. 

                                    The Office of Government Ethics’ guidance for OGE Form 278e instructs filers to report liabilities over $10,000 owed at any time during the reporting period.

                                    Anderson signed the OGE Form on Aug. 14, 2025, according to the document obtained by Fox News Digital. 

                                    Anderson’s OGE Form 278e and a separate ethics document sent by Anderson to the State Department’s Office of the Legal Adviser were added to the Office of Government Ethics’ system tracking financial and ethics disclosures Sept. 21, 2025, Fox News Digital found. 

                                    Fox News Digital repeatedly reached out to the State Department, specifically inquiring why Anderson did not disclose the liens on the liabilities section of the OGE 278e, if he filed an amended financial disclosure to add any IRS liability or lien after the initial filing, and when the administration was first notified of the liens.  

                                    The ICAO ambassador operates under the authority of the secretary of state when confirmed.

                                    ‘We support the president’s nominee and look forward to having him confirmed,’ a State Department spokesperson told Fox Digital of Anderson Wednesday. 

                                    A review of other nominees listed on the OGE disclosure database shows individuals have amended their ethics disclosures amid the vetting process. Anderson’s file does not reflect any public amendments to his initial disclosures. 

                                    Public financial disclosure is a core piece of the nomination vetting process. Federal ethics rules and guidance generally require nominees to disclose major outstanding liabilities during the reporting period. 

                                    Nominees for Senate-confirmed ambassador posts typically are cleared through a multistep White House process that can include FBI background checks and federal ethics review of financial disclosures, with the State Department helping compile and process the nomination package before it is formally sent to the Senate.

                                    ‘Everyone has setbacks. That’s not the problem,’ a former Trump official told Fox Digital about the matter. ‘The problem is lying to Congress and misleading President Trump. Jeffrey Anderson stiffed the IRS for more than $426,000, carried federal tax liens for years, then tried to slip through Senate confirmation by hiding them on a sworn disclosure. Federal tax liens aren’t optional, and they don’t magically disappear.’

                                    The former official added that most ‘Americans don’t just come up with half a million dollars to make a scandal vanish,’ while arguing ‘Anderson’s record of donating to anti-Trump politicians’ tees up a nomination that will collapse on itself. 

                                    ICAO ROLE HAS GONE UNFILLED FOR YEARS 

                                    Anderson’s nomination to serve in the office follows years of it sitting dormant of U.S. leadership. The role was last filled by former ambassador, famed pilot Chesley ‘Sully’ Sullenberger, who stepped down in 2022. 

                                    Sullenberger gained widespread applause in 2009, when the US Airways pilot landed Flight 1549 on the Hudson River after a bird strike disabled both engines and saved 155 people — an event known as the ‘Miracle on the Hudson.’

                                    Anderson’s nomination has been dragging since July 2025, with it returned to the president on Jan. 3, 2026 under Senate Rule XXXI, a technical rule, and Trump resending Anderson’s nomination to the Senate days later. 

                                    Anderson’s nomination has received pushback from the Air Line Pilots Association, a union that represents nearly 80,000 pilots across the U.S. and Canada, arguing his ‘only’ qualification was supporting an effort to raise the mandatory pilot retirement age. 

                                    The union opposes increasing the mandatory retirement from 65 years of age to age 67, arguing it ‘would leave the United States as an outlier in the global aviation space and create chaos on pilot labor, and international and domestic flight operations,’ the group’s statement in July 2025 read.

                                    International aviation rules prohibit airline pilots older than 65 from flying. Some global airline groups have called on the International Civil Aviation Organization to consider raising the international pilot retirement age to 67, citing staffing pressure and that retaining veteran pilots would only bolster airline safety. 

                                    Anderson also has had close financial ties to Democrats and other politicians frequently hostile toward Trump and his policies, Fox News Digital previously reported. 

                                    ‘Jeffrey Anderson isn’t a Trump Republican at all; he’s a liberal sleeper who slipped through the cracks of PPO (Presidential Personnel Office),’ a former Trump official told Fox Digital of Anderson’s political donations and tax history in August 2025. 

                                    Anderson made a handful of small-dollar donations to Republican Nikki Haley during the 2024 campaign cycle, when the former U.S. ambassador to the U.N. ran against Trump, whom she slammed as ‘unhinged’ while on the campaign trail before dropping out of the race and endorsing Trump as the GOP nominee for president. 

                                    The former pilot also donated to the former Democratic opponent who tried to unseat then-Republican Georgia Rep. Marjorie Taylor Greene in the 2024 cycle, according to donation filings previously reported by Fox News Digital. Anderson’s political donations to Democrats stretch back years, including in 2017 when he donated to Democrats, such as former House candidate Dan Ward in Virginia and former Rep. Peter DeFazio of Oregon.

                                    Texas Republican Rep. Troy Nehls, who serves as chairman of the House Transportation and Infrastructure Subcommittee on Aviation, told Fox Digital in August 2025 that Anderson will help usher in ‘the Golden Age of aviation’ if confirmed. 

                                    ‘Mr. Anderson served as a naval aviator and has more than three decades of experience as a pilot for Delta,’ Nehls said in August. ‘He is, without a doubt, qualified to represent the United States of America at ICAO, where his first-hand experience with the aviation industry will play a crucial role in advancing President Trump’s mission of ushering in the Golden Age of aviation.’

                                    ‘I am fully supportive of President Trump and his America First agenda. I have been fully vetted by the White House and appreciate the approval of the President, House Aviation Chair Troy Nehls and House T&I Chair Sam Graves, among others. I look forward to advancing American interests as the next Permanent Representative to ICAO,’ Anderson wrote in a direct message on LinkedIn to Fox Digital in August 2025, while adding that Trump is seeking to ‘move effectively forward in a space negligently left vacant by Biden.’

                                    Fox News Digital reached out to the White House for comment on the timeline of disclosure but did not receive a reply.

                                    Fox New Digital reached out to Anderson for comment on the timeline of the tax liens and ethics filings but did not receive a reply.

                                    This post appeared first on FOX NEWS

                                    Iran’s election as vice-chair of the United Nations Commission for Social Development is being slammed by human rights advocates and policy analysts, who have condemned the U.N.’s hypocrisy when it comes to its treatment of undemocratic regimes. 

                                    The leadership role was approved without objection during a meeting of the commission, where delegates adopted agenda items and organizational decisions by consensus.

                                    The United Nations has faced continued criticism over its inaction towards the regime’s violent crackdown against protesters in December and January. On Wednesday, U.N. Secretary General António Guterres faced criticism for congratulating Iran on the anniversary of the 1979 Islamic revolution.

                                    U.S. Ambassador to the United Nations Mike Waltz criticized the development, writing on X: ‘Yet another reason why we are not a member of, nor do we participate in, this ridiculous ‘Commission for Social Development.’’

                                    Alireza Jafarzadeh, author of The Iran Threat and deputy director of the U.S. office of the National Council of Resistance of Iran, also criticized the decision. ‘Having the Iranian regime in the leadership of a U.N. body tasked with promoting democracy, gender equality, tolerance and non-violence is appalling and like fox guarding the hen house,’ Jafarzadeh said. ‘The vast majority of the Iranian people are calling for regime change because the mullahs are the world’s leading human rights violators, misogynist to the core, and they slaughter the voices of dissent by thousands.’

                                    He argued that Iran should face scrutiny rather than institutional advancement. ‘Instead, the Iranian regime must be a subject of intense investigation and accountability by all U.N. bodies for crimes against humanity and genocide, from the 1980s to January 2026 uprisings,’ Jafarzadeh said. ‘Decades of inaction by Western governments have emboldened the regime. This must stop now.’

                                    ‘By electing Iran to help lead a commission devoted to democracy, women’s rights and non-violence, the U.N. makes itself into a mockery,’ said Hillel Neuer, executive director of UN Watch. ‘This is a regime that brutalizes women for not covering their hair, and that just massacred tens of thousands of its own civilians in two days.’

                                    Neuer argued that governments had the ability to block the appointment but chose not to act. ‘The EU states know how to stop abusive regimes from winning these seats — they’ve done so in the recent past with Russia — but this time on Iran, they chose silence and complicity,’ he said. ‘By rewarding the Mullahs right after their slaughter of innocents, the U.N. has now sent a very dangerous message to Tehran.’

                                    Lisa Daftari, an Iran analyst, said the optics of Iran holding a leadership role in a commission centered on social development and rights were deeply troubling.

                                    ‘For Iranian women who risk prison or worse just for taking off a headscarf, watching Tehran get a vice-chair on a U.N. social-development commission feels like a slap in the face.’

                                    She added that broader patterns in U.N. voting and resolutions contribute to perceptions of bias.

                                    ‘When the same U.N. system has spent the last decade passing roughly 170-plus resolutions against Israel and only around 80 on all other countries combined, you don’t need a PhD to see there’s a bias problem,’ Daftari said. ‘When the U.N. has churned out well over a hundred anti-Israel resolutions in recent years while managing a fraction of that number on the world’s worst dictatorships, it looks less like moral leadership and more like political theater.’

                                    Daftari rejected that procedural nature of United Nations committees and committees.

                                    ‘Some diplomats will wave this away as a procedural formality, but at the U.N. nothing is ever purely symbolic,’ she said. ‘The bottom line is that handing Iran’s regime a gavel on ‘social development’ confirms yet again that the place is biased and deeply hypocritical.’

                                    This post appeared first on FOX NEWS

                                    White House press secretary Karoline Leavitt is making an example of former President Barack Obama for encouraging voters and lawmakers to reject adopting national voter ID laws. 

                                    ‘You know how badly the Democrats are panicking when they bring out Obama to spread lies about voter ID,’ Leavitt posted to X Thursday. ‘The fact is that nearly 90% of voters support’ voter ID laws, she continued before posting two screenshots showing two polls reflecting Americans support such laws at around 83% support to 84% support. 

                                    Leavitt’s comments follow the House passing a massive election integrity overhaul bill Wednesday, which includes requiring voters to show a photo ID when casting ballots in federal elections. The bill overall aims to prevent noncitizens from voting in U.S. federal elections, with all but one Democrat, Rep. Henry Cuellar, D-Texas, voting against it. 

                                    Obama was among prominent Democrats encouraging House lawmakers to vote against the measure, claiming it will disenfranchise voters. 

                                    ‘Republicans are still trying to pass the SAVE Act—a bill that would make it harder to vote and disenfranchise millions of Americans,’ he posted to X Wednesday evening. ‘Join @RedistrictAct and tell your member of Congress to vote no.’ 

                                    Democrats have argued that voter ID laws can disenfranchise eligible voters because they often require specific, current government-issued IDs that may be a struggle to obtain due to costs, paperwork hurdles or limited DMV access. Republicans have rejected that argument, calling the requirement a common-sense safeguards that would boost confidence in elections, while simultaneously noting that most Americans already need IDs for everyday tasks.

                                    In another post, Leavitt shared that Obama presented his own driver’s license to vote in the 2012 election. Obama voted early that cycle and was seen on camera pulling his Illinois driver’s license from his wallet to flash to poll workers. 

                                    ‘Here is Barack Obama showing his photo ID to vote in a past election,’  Leavitt posted. ‘Why are Democrats in Congress so opposed to making this a requirement across the country? Voter ID laws are common sense.’ 

                                    White House spokeswoman Taylor Rogers added that IDs are frequently used by Americans to buy alcohol or get on a plane, which she said shows the hypocrisy of Democrats pushing against the election security overhaul. 

                                    ‘Barack Obama and the rest of the Democrats think Americans are stupid, which is why they are blatantly lying about the commonsense election integrity provisions in the popular SAVE Act,’ Rogers told Fox News Digital. 

                                    ‘Americans need to show ID to buy alcohol, get on a plane, and even get into the Democratic National Convention — but these hypocrite Democrats don’t want voters to show their ID to cast a ballot. Congressional Democrats’ opposition to the SAVE America Act is indefensible and wildly out of step with the views of the American people.’ 

                                    Fox News Digital reached out to Obama’s office Thursday for comment but did not immediately receive a reply. 

                                    Called the SAVE Act, the legislation would additionally require information-sharing between state election officials and federal authorities in verifying citizenship on current voter rolls, as well as enable the Department of Homeland Security to pursue immigration cases if non-citizens were found to be listed as eligible to vote.

                                    If passed, the new requirements could be implemented for the November midterm elections. It must first pass the Senate before it could land on President Donald Trump’s desk. 

                                    This post appeared first on FOX NEWS

                                    Lawmakers are jetting from Washington, D.C., without a deal to prevent a partial government shutdown. 

                                    Their departure comes after the Senate was unable to send a full-year funding bill for the Department of Homeland Security (DHS) to President Donald Trump’s desk. 

                                    Senate Democrats doubled down on their demands for stringent reforms to immigration enforcement and bucked multiple attempts Thursday to keep the agency open.

                                    With both chambers now on their way to a weeklong recess, the agency is expected to shutter at midnight Friday. Unless a deal is struck before lawmakers return, DHS will be shut down for at least that period of time.

                                    Senate Majority Leader John Thune, R-S.D., made the call to send lawmakers home and noted that if negotiations made a breakthrough, they would be on 24-hour notice to return. But talks, for now, are somewhere between baby steps and stuck. 

                                    ‘What it appears to me, at least at this point, is happening is the Democrats, like they did last fall, they really don’t want the solution,’ Thune said. ‘They don’t want the answer. They want the political issue.’ 

                                    Senate Minority Leader Chuck Schumer, D-N.Y., and his caucus blocked an attempt to pass the original DHS funding bill and a subsequent two-week funding extension. 

                                    Their resistance comes after the White House unveiled the legislative text of the administration’s counteroffer, which several Senate Democrats balked at Thursday morning. 

                                    ‘The administration doesn’t actually want to reform ICE,’ Schumer said. ‘They never do it on their own. That is why we need — we are fighting for — legislation to rein in ICE and stop the violence.’

                                    Senate Democrats have demanded a stringent list of reforms to Immigration and Customs Enforcement (ICE). They weren’t persuaded by border czar Tom Homan that operations in Minneapolis would be drawn down as negotiations continue.

                                    It was a déjà vu moment from months earlier, when Thune repeatedly tried to peel Democrats away from Schumer during the longest government shutdown in U.S. history but failed to break their blockade.

                                    While there was optimism that negotiations were moving in a positive direction earlier this week, those hopes appeared to have shattered. 

                                    ‘At this point, it seems clear that the Democrats are going to walk away from that bipartisan conversation,’ a senior White House official said. ‘They’re going to shut the department down. They’re going to deprive Americans of critical services such as FEMA, such as TSA and what will be the third partial government shutdown of this Congress.’

                                    Senate Democrats received the legislative version of Republicans and the White House’s counteroffer Wednesday night, but many said it was ‘not sufficient,’ and several Democrats leaving a closed-door meeting Thursday morning said a deal remained out of reach.

                                    Given the stagnation in talks, Thune opted to go ahead with the scheduled recess, but made clear to lawmakers that if there was a breakthrough they would need to return.

                                    ‘Obviously, we’ve made it clear to people that they have to be available to come back and vote,’ Thune said. 

                                    Talks of another counteroffer to the White House are in the works. Some Senate Democrats hope that the upcoming recess and likely closure of DHS will serve as a wake-up call to Republicans. 

                                    Complicating matters is that several members of the House and Senate are expected to travel to Germany for the annual Munich Security Conference.

                                    ‘I still think the Republicans are in a bubble and do not understand the depth of the anger out there in the world,’ Sen. Brian Schatz, D-Hawaii, told Fox News Digital. 

                                    ‘And maybe this break will allow them to go home and get yelled at, not just by people who are progressive, but everybody who thinks that this agency is out of control and needs to be reined in.’

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                                    : A trio of Republican senators are moving to overhaul how federal childcare funds are distributed after what they call ‘mass fraud’ in Minnesota exposed a system that paid providers before verifying children were ever in the room.

                                    Sen. Ted Cruz, R-Texas, joined by Sens. Mike Lee, R-Utah, and Rick Scott, R-Fla., is introducing the Payment Integrity Act, legislation that would require states to distribute federally funded childcare dollars based on verified attendance — not enrollment claims.

                                    ‘Programs in Minnesota for welfare and childcare were designed to channel resources into protecting vulnerable children, but were treated like an open ATM by criminals,’ Cruz told Fox News Digital.

                                    ‘The mass fraud in Minnesota shows that American taxpayers can no longer rely on local and state politicians to prevent abuses, because those politicians often have electoral and partisan incentives to look the other way. My legislation reduces the risk of the waste and fraud we’ve seen and ensures that resources are provided to children and families who need it.’

                                    The bill would reverse a 2024 Biden administration rule requiring states to pay childcare providers before attendance verification. Under Cruz’s proposal, providers would be paid only after services are confirmed — shifting from enrollment-based payments to attendance-based billing.

                                    Cruz’s bill comes as the outspoken Texan led a Senate Judiciary Subcommittee hearing on alleged Somali fraudsters last week. There, lawmakers heard directly from David Hoch — a journalist seen accompanying blogger Nick Shirley to addresses proclaimed to be Somali daycares.

                                    ‘There are few crimes more morally repugnant than stealing from vulnerable children. Every dollar stolen is a meal not eaten, a doctor’s visit missed, and a future diminished,’ Cruz said, adding that such fraud ‘plunders our children’s potential.’

                                    Gesturing towards a photo of the ‘Quality Learing Center’ in Minneapolis during the hearing, an allegedly fraudulent childcare provider Cruz called ’emblematic’ of the crisis, he said the fraud was occurring not in ‘some distant or lawless place, but in the heart of America’s Midwest.’

                                    Co-sponsor Lee said that support for childcare should ‘go to real kids, not empty rooms.’

                                    ‘Fake childcare operations are stealing funding from the ones who are actually taking care of America’s children in need. Our bill will address this massive fraud by granting funding based on actual attendance rather than reported enrollment, and allowing states to pay retroactively instead of in advance,’ Lee said, adding such ‘diligence’ should have been the law all along.

                                    The Payment Integrity Act also puts into law January rule from Health and Human Services that established attendance-based billing procedures

                                    That rule, according to Secretary Robert F. Kennedy’s deputy Jim O’Neill was also spurred on by what has been happening in Minnesota.

                                    ‘We’ve seen credible and widespread allegations of fraudulent daycare providers who were not caring for children at all. The reforms we are enacting will make fraud harder to perpetrate,’ O’Neill said in a statement.

                                    The Payment Integrity Act officially amends the Child Care and Development Block Grant Act signed into law by President George Herbert Walker Bush, to include such ‘attendance-based billing.’

                                    ‘Nothing in this subchapter shall be construed to require a lead agency to make a payment to a child care provider prior to the provision of child care services,’ the bill reads, a direct reversal of the pre-payment system Cruz says allowed fraud to flourish.

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