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Statistics Canada released August’s gross domestic product (GDP) data on Friday (October 31). The numbers showed a 0.3 percent decline in real GDP overall, with declines seen in many sectors of the Canadian economy.

The mining, quarrying, and oil and gas sector was down 0.7 percent during the month after increasing in June and July. This was led by a 5 percent decrease in support activities and a 1.3 percent drop in mining and quarrying, including a 1.2 percent decline in metal ore mining, while oil and gas extraction increased by 0.2 percent.

Likewise, the manufacturing sector was down 0.5 percent, with durable goods manufacturing weighing heavily with a decrease of 0.8 percent. One spot of good news is that primary metal manufacturing rose 3.7 percent, which was headlined by a 9.6 percent increase in aluminum production and processing.

The report also included an advance estimate for September, predicting a 0.1 percent increase, as well as increases in the resource sector. Overall, this would mean Q3’s real GDP also increased by 0.1 percent, avoiding a recession following a 0.4 percent decline in the second quarter.

These figures, along with the consumer price index edging up to 2.4 percent in September, may also have played into the Bank of Canada’s decision on Wednesday (October 29) to cut its benchmark interest rate by another 25 basis points to 2.25 percent.

In its announcement, the central bank noted that the Governing Council sees the policy rate at the right level to maintain inflation close to its 2 percent target, but it would be prepared to respond if the outlook changes.

Bank Governor Tiff Macklem once again stressed that “monetary policy cannot undo the damage caused by tariffs.” However, while the central bank expects the economy to remain weak through the end of 2025, it was also expecting modest growth.

Meanwhile, the United States Federal Reserve also announced on Wednesday that it would cut its Federal Funds Rate by 25 points to the 3.75 to 4 percent range. In its statement, the Federal Open Market Committee discussed slowing job growth and rising inflation, which has moved away from its 2 percent target.

The next meeting of the Fed is scheduled for December 9 and 10; however, concerns remain about data availability, as a shutdown of the US federal government has affected agencies’ ability to deliver critical economic and job data, leaving the Fed to rely on private-sector research.

Markets and commodities react

Canadian equity markets were mixed this week.

The S&P/TSX Composite Index (INDEXTSI:OSPTX) gained 0.04 percent over the week to close Friday at 30,260.74.

On the other hand, the S&P/TSX Venture Composite Index (INDEXTSI:JX) ended the week down 0.49 percent at 957.88. The CSE Composite Index (CSE:CSECOMP) also fell this week, shedding 1.21 percent to close out the week at 175.27.

The gold price was down 3.08 percent this week, closing at US$4,001.76 per ounce. The silver price also fell but fared better, dropping just 0.52 percent to US$48.57 by 4:00 p.m. EDT Friday.

Meanwhile, in base metals, the copper price shed 1.5 percent to US$5.16 per pound.

The S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) fell 0.79 percent to end Friday at 557.01.

Top Canadian mining stocks this week

How did mining stocks perform against this backdrop?

Take a look at this week’s five best-performing Canadian mining stocks below.

Stocks data for this article was retrieved at 4:00 p.m. EDT on Friday using TradingView’s stock screener. Only companies trading on the TSX, TSXV and CSE with market caps greater than C$10 million are included. Mineral companies within the non-energy minerals, energy minerals, process industry and producer manufacturing sectors were considered.

1. MAX Power Mining (CSE:MAXX)

Weekly gain: 82.5 percent
Market cap: C$56.01 million
Share price: C$0.73

MAX Power is a hydrogen exploration and development company advancing its natural hydrogen properties in Saskatchewan, Canada.

In total, the company holds permits for 1.3 million acres of land across the province, with an additional 5.7 million under application. Its primary site is focused on the Genesis Trend, a 200 kilometer by 75 kilometer area near the Regina-Moose Jaw Industrial Corridor, a proposed hydrogen hub.

On October 24, the company announced it received a drilling license for its first hydrogen well within the Genesis Trend, which will also be Canada’s first deep well dedicated to natural hydrogen.

The company said operations at its Lawson well will commence on or about November 7. The program will include the use of gas chromatographs to sample for helium, nitrogen and methane and another mass spectrometer specifically to detect hydrogen.

Then, on Monday (October 27), MAX Power reported that it had identified the Bracken target in Southwest Saskatchewan along the border with Montana. It marks the company’s first high-priority target outside of the Genesis Trend, lying within the 120,000 acre Grasslands project. The next step will be to acquire proprietary 2D seismic data, which it anticipates will be completed in Q4 of 2025.

On Tuesday (October 28), MAX announced the development of the MAX Power Large Earth Model Integration, which combines datasets from government and commercial sources to create maps that enable the evaluation of hydrogen prospectivity and more.

The company said that in version 2 of the technology, it will integrate machine learning into the process to better understand the data at a granular level and will eventually be able to apply it to any jurisdiction in the world.

The most recent news came on Thursday (October 30), when MAX appointed Ranjith Narayanasamy, who is President and CEO of the Petroleum Technology Research Centre, as its new CEO effective December 8. Current CEO Mansoor Jan will be transitioning to the CEO of the company’s US critical minerals subsidiary, which it is eyeing for a potential spin-out.

2. Manganese X Energy (TSXV:MN)

Weekly gain: 57.89 percent
Market cap: C$25.75 million
Share price: C$0.15

Manganese X Energy is an exploration and development company focused on its flagship Battery Hill project in New Brunswick, Canada, from which it plans to produce high-purity battery grade manganese for lithium-ion batteries.

The property consists of 55 claims covering an area of 1,228 hectares in Carlton County, and hosts five primary manganese-iron zones: Iron Ore Hill, Moody Hill, Sharpe Farm, Maple Hill and Wakefield.

A June 2021 technical report demonstrated a measured and indicated resource of 34.86 million metric tons of ore grading 6.42 percent manganese and 10.67 percent iron, and an inferred resource of 25.9 million metric tons grading 6.66 percent manganese and 10.92 percent iron.

On September 9, Manganese X announced it was advancing to the third and final phase of battery testing with US battery company Charge CCCV. Phase 2 testing results showed 70 percent capacity retention after 4,600 cycles, which the company said is more than double the cycle life of conventional nickel-manganese-cobalt batteries.

As for this week, on Thursday the company announced the appointment of Desmond Tranquilla to its board of directors. Tranquilla has more than 32 years of experience in the mining industry and is currently vice president of projects with Canada Nickel Company (TSXV:CNC).

3. Copper Quest Exploration (CSE:CQX)

Weekly gain: 48.15 percent
Market cap: C$10.23 million
Share price: C$0.2

Copper Quest Exploration is an exploration company building a portfolio of prospective copper properties in North America, including the Stars and Stellar copper projects in British Columbia, Canada.

It recently acquired two new projects. The first, announced on September 22, is the Nekash copper-gold porphyry project in Idaho, US. The asset lies in the Idaho-Montana porphyry belt and consists of 70 unpatented lode claims covering 585 hectares.

Historic exploration and recent work has confirmed the presence of copper and gold quartz veins, according to the release, with rock chip samples at porphyry style veins revealing grades up to 6.6 percent copper and 0.6 grams per metric ton (g/t) gold.

The second came this Thursday, when the company acquired the 2,954 hectare Kitimat copper-gold project in the Skeena Mining Division of Northwest British Columbia. Situated in the prolific Stikine Terrane, the project has a history of exploration dating back to the 1960s.

In 2010, diamond drilling across 16 holes returned a highlighted assay of 1.03 g/t gold and 0.54 percent copper over 117.07 meters from surface.

4. Liberty Stream Infrastructure Partners (TSXV:LIB)

Weekly gain: 42.22 percent
Market cap: C$105.49 million
Share price: C$0.64

Liberty Stream is a lithium development company advancing its direct lithium extraction technology in the US.

The company is working on a pair of projects — one in Texas’ Permian Basin and the other in North Dakota’s Bakken Oil Field — aimed at extracting lithium from brines used in oil and gas production.

On October 7, the company entered site preparations for the final installation and commissioning of its bulk lithium refining unit in Texas, which will allow it to convert lithium chloride eluate into commercial-grade lithium carbonate. It expects to begin producing lithium carbonate from the unit in the second half of Q4, and launch full-scale operations in 2026.

The most recent news came on October 23, when it announced that it was awarded a US$500,000 grant from the State of North Dakota for the development of lithium carbonate production to supply a battery cell manufacturing facility in the state.

5. Signature Resources (TSXV:SGU)

Weekly gain: 40 percent
Market cap: C$10.69 million
Share price: C$0.07

Signature Resources is a gold exploration company focused on its Lingman Lake gold project in Ontario, Canada.

The property consists of 1,274 unpatented single-cell mining claims and 13 multi-cell claims covering more than 24,000 hectares in Northwest Ontario. Airborne geophysical surveys completed in 2021 identified 14 high-value targets with the potential for multiple gold occurrences.

On September 25, the company announced plans for a six hole, 3,000 meter diamond drill program, which it expects to complete this fall. Signature used combined data from its 2024 drill campaign, historical workings and the results from a 2021 3D induced polarization survey to refine targets for the diamond drilling.

This Thursday, the company closed an upsized non-brokered private placement and issued 23 million charity flow-through units, 10.46 million flow-through units, and 18.53 million non-flow-through units, generating proceeds of C$3.42 million.

Funds will be used for exploration activities at Lingman Lake, including the diamond drill program, and for general working capital.

FAQs for Canadian mining stocks

What is the difference between the TSX and TSXV?

The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange.

How many mining companies are listed on the TSX and TSXV?

As of May 2025, there were 1,565 companies listed on the TSXV, 910 of which were mining companies. Comparatively, the TSX was home to 1,899 companies, with 181 of those being mining companies.

Together, the TSX and TSXV host around 40 percent of the world’s public mining companies.

How much does it cost to list on the TSXV?

There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. The listing fee alone will most likely cost between C$10,000 to C$70,000. Accounting and auditing fees could rack up between C$25,000 and C$100,000, while legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.

The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.

These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.

How do you trade on the TSXV?

Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange’s trading hours.

Article by Dean Belder; FAQs by Lauren Kelly.

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

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

This post appeared first on investingnews.com

LaFleur Minerals Inc. (CSE: LFLR,OTC:LFLRF) (OTCQB: LFLRF) (FSE: 3WK0) (‘LaFleur Minerals’ or the ‘Company’ or ‘Issuer’) is pleased to announce that, further to its news releases dated July 30, 2025, and September 10, 2025, the Company has closed its non-brokered flow-through private placement for aggregate gross proceeds of $1,663,370 (the ‘Private Placement’). The Private Placement consisted of the issuance of 2,410,682 flow-through units (the ‘FT Units’) at a price of $0.69 per FT Unit, with each FT Unit consisting of one common share in the capital of the Company (a ‘Share’), to be issued as a ‘flow-through share’ within the meaning of the Income Tax Act (Canada) (the ‘Tax Act’), and one Share purchase warrant (a ‘Warrant’).

The securities issued under the Offering will be subject to a hold period ending on the date that is four months plus one day following the date of issue in accordance with applicable securities laws. Each Warrant entitles the holder thereof to purchase one additional Share (a ‘Warrant Share‘) for a period of 24 months from the date of issuance at an exercise price of $0.75 per Warrant Share. The Warrants are subject to an accelerated expiry upon thirty (30) business days notice from the Company in the event the Shares trade for fourteen (14) consecutive trading days anytime after four (4) months from closing of the Private Placement at a volume-weighted average price of at least $0.90 on the Canadian Securities Exchange.

In connection with closing of the Private Placement, the Company incurred cash finder’s fees in the amount of $104,652.14 to certain eligible finders and issued the finders an aggregate of 151,668 non-transferable Share purchase warrants (the ‘Finder’s Warrants‘). Each Finder’s Warrant is exercisable into a Share (a ‘Finder’s Warrant Share‘) at a price of $0.75 per Finder’s Warrant Share for a period of 24 months from the date of issuance, subject to the same accelerated expiry.

Proceeds from the sale of FT Units will be used for exploration and drilling programs on the Company’s flagship, advanced stage, district-scale Swanson Gold Project (‘Swanson‘), located in the Abitibi Gold Belt in Val-d’Or, Québec, and flow-through eligible work such as ore-sorting and metallurgical testwork of a large bulk sample using independent geometallurgy experts such as SGS and SRC, and the Company’s 100%-owned Beacon Gold Mill, its near-term gold producing asset. The ore-sorting and metallurgical testwork will be completed using drill core and a large bulk sample from the Swanson Gold Deposit in order to inform and support mineral resource estimates and economic viability, including the potential effectiveness of ore-sorting technology at Swanson.

The Company is working diligently with ERM to complete the Preliminary Economic Assessment (PEA) to evaluate the restart of gold production at its Beacon Gold Mill, which will primarily process mineralized material from the Company’s nearby Swanson Gold Deposit. The gross proceeds from the issuance of the FT Shares will be used to incur resource exploration expenses which will constitute ‘Canadian exploration expenses’ as defined in subsection 66.1(6) of the Income Tax Act and ‘flow through mining expenditures’ as defined in subsection 127(9) of the Income Tax Act and under section 359.1 of the Québec Tax Act (the ‘Qualifying Expenditures‘), which will be renounced with an effective date no later than December 31, 2025 to the purchasers of the FT Units in an aggregate amount not less than the gross proceeds raised from the issue of the FT Shares. In addition, with respect to Québec resident subscribers who are eligible individuals under the Québec Tax Act, the Canadian exploration expenses will also qualify for inclusion in the ‘exploration base relating to certain Québec exploration expenses’ within the meaning of section 726.4.10 of the Québec Tax Act and for inclusion in the ‘exploration base relating to certain Québec surface mining expenses or oil and gas exploration expenses’ within the meaning of section 726.4.17.2 of the Québec Tax Act. If the Qualifying Expenditures are reduced by the Canada Revenue Agency, the Company will indemnify each FT Share subscriber for any additional taxes payable by such subscriber as a result of the Company’s failure to renounce the Qualifying Expenditures as agreed.

This news release is not an offer to sell or the solicitation of an offer to buy the securities in the United States or in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction. The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act’), and such securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent an exemption from registration under the U.S. Securities Act and applicable U.S. state securities laws. ‘United States’ and ‘U.S. person’ are as defined in Regulation S under the U.S Securities Act.

QUALIFIED PERSON STATEMENT

All scientific and technical information contained in this news release has been prepared and approved by Louis Martin, P.Geo. (OGQ), Exploration Manager and Technical Advisor of the Company and considered a Qualified Person (QP) for the purposes of NI 43-101.

About LaFleur Minerals Inc.
LaFleur Minerals Inc. (CSE: LFLR,OTC:LFLRF) (FSE: 3WK0) is focused on the development of district-scale gold projects in the Abitibi Gold Belt near Val-d’Or, Québec. Our mission is to advance mining projects with a laser focus on our resource-stage Swanson Gold Deposit and the Beacon Gold Mill, which have significant potential to deliver long-term value. The Swanson Gold Project is approximately 18,304 hectares (183 km2) in size and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining. LaFleur has recently consolidated a large land package along a major structural break that hosts the Swanson, Bartec, and Jolin gold deposits and several other showings which make up the Swanson Gold Project. The Swanson Gold Project is easily accessible by road allowing direct access to several nearby gold mills, further enhancing its development potential. Lafleur Mineral’s fully refurbished and permitted Beacon Gold Mill is capable of processing over 750 tonnes per day and is being considered for processing mineralized material at Swanson and for custom milling operations for other nearby gold projects.

ON BEHALF OF LaFleur Minerals INC.

Paul Ténière, M.Sc., P.Geo.
Chief Executive Officer
E: info@lafleurminerals.com
LaFleur Minerals Inc.
1500-1055 West Georgia Street
Vancouver, BC V6E 4N7

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Statement Regarding ‘Forward-Looking’ Information

This news release includes certain statements that may be deemed ‘forward-looking statements’. All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur. Forward-looking statements in this news release include, without limitation, statements related to the anticipated use of proceeds from the LIFE Offering. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272857

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

House Republicans are in preliminary discussions on a healthcare package, as Obamacare continues to be the central sticking point in the ongoing government shutdown.

Speaker Mike Johnson, R-La., said on Thursday that lawmakers have begun discussions in ‘informal working groups’ on what healthcare reform, aimed at lowering ballooning medical costs, would look like.

But the fight over Obamacare, also known as the Affordable Care Act (ACA), continues to drive a wedge within the House GOP. At the heart of the issue are Obamacare subsidies enhanced significantly during the COVID-19 pandemic — enhancements that are set to expire at the end of this year without congressional action.

Democrats have been demanding that any deal to end the shutdown be paired with an extension of those credits. And Republicans, while united in wanting to keep the shutdown and Obamacare two separate issues, are divided over how to handle that issue once the shutdown ends.

On one side of the divide are members of the House Freedom Caucus, who have signaled vehement opposition to any straightforward extension of the Obamacare credits.

‘What we really need to do is stop talking about the COVID subsidies, because it’s not working, and the entire system that they’re based on is a complete and total Titanic that’s going down,’ said Rep. Eric Burlison, R-Mo., a member of the conservative group. ‘Why would we throw any more bad money after this sinking ship?’

But some Republican lawmakers are floating a one-year extension as a way to buy Congress more time to find an off-ramp to eventually ending the Obamacare subsidies — something all GOP lawmakers who spoke with Fox News Digital agreed on.

‘I am not at all in love with the ACA or Obamacare. I get the concern that many of the members have with it. But as I’ve said before, if you don’t have something good to replace it with, it is political insanity, and it’s just the wrong thing to do — to let it lapse, get rid of it and have nothing else because the rates are going to go up a lot,’ said Rep. Jeff Van Drew, R-N.J., who styled himself a ‘populist conservative.’

He called on Republicans to ‘hold our nose, have a one-year extension, make some minor to moderate modifications.’

‘And during that year, instead of waiting till the last week or the last few days during that year, to really hammer out something that’s real, that isn’t B.S., where we are offering people health care, where it’s relatively affordable, and then we can make the big change that people want to make,’ Van Drew said.

He’s one of 14 House Republicans backing a bipartisan bill, led by Rep. Jen Kiggans, R-Va., to extend the Obamacare subsidies for one year.

Rep. Carlos Gimenez, R-Fla., another backer, pointed out that Democrats created the enhancements and their 2025 expiry.

‘I think we need it, because there is a cliff that was created by the Democrats,’ he said of the extension. ‘A lot of American families are going to be hurt by it. So I am in favor of extending it for a year and then looking at ways that we can, number one, fix Obamacare, and two, a way to end the subsidies, but not in a cliff-like fashion.’

Burlison suggested heavy opposition from the House Freedom Caucus, however.

‘It’s not only a non-starter, but because of the conversations that we’ve had, we would consider it a betrayal,’ he said.

Freedom Caucus member Rep. Andy Ogles, R-Tenn., similarly anticipated the ‘vast majority of Republicans’ would be against the bipartisan bill. However, he left the door open to some extension, provided a plan was in place to end Obamacare already.

‘At the end of the day, the subsidies are going away. It’s just a matter of how quickly. They are going to be phased out. Now, do you want it to be a hard stop, or do you want to phase out? I think the hospitals and the healthcare infrastructure in Nashville would prefer a phase-out, and I totally understand that,’ Ogles said. ‘Quite frankly, fiscal conservatives are not going to stand for more subsidies that were designed for a period of time during COVID. COVID is over.’

Van Drew told Fox News Digital that Republicans’ chances of keeping the House majority in 2026 hinged on a healthcare deal.

‘If you lose the majority, you’ve got nothing. You’re a spectator in the sport. You’re not even involved. So to me, keeping the majority is extremely important, and we’ve got to work to compromise on that,’ he said.

He and Rep. Ryan Mackenzie, R-Pa., another sponsor of the one-year extension, both floated income caps and reforms to the pricing middlemen known as pharmacy benefit managers, or PBMs.

A House Republican familiar with leadership dynamics suggested that income caps for Obamacare are part of the discussion on a potential healthcare package.

That House Republican also suggested that tighter ‘guardrails’ like income verification standards for government healthcare could also be on the table.

‘If you have a right to a benefit, you have a responsibility to prove you are eligible for that benefit,’ they said. ‘That would save a ton of dollars.’

House Majority Leader Steve Scalise, R-La., floated several ideas up for discussion but signaled that any moves to extend Obamacare would require significant changes to the system first.

‘You’ve seen additional ideas on health savings accounts and pooling together amongst small businesses, other ideas like PBM reform,’ he told reporters earlier this week. ‘So all the things we’ve been working on are focused on lowering costs for families as opposed to just shoveling more money into a failed, broken system.’

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Some lawmakers are getting anxious to fund key programs and pay federal workers as the shutdown drags on, but even so, most Senate Republicans argue that the best way to ensure paydays and benefits is to reopen the government.

While Senate Republicans and Democrats are entrenched in a stalemate that has seen the shutdown drag into its 29th day, a handful of lawmakers has pushed bills that would pay the military, working federal workers and air traffic controllers, and fund federal food benefits.

One of those bills, from Sen. Ron Johnson, R-Wis., got a chance on the floor but was blocked by Senate Democrats last week.

Since then others, including Sens. Josh Hawley, R-Mo., and Ted Cruz, R-Texas, have pushed piecemeal funding bills, dubbed ‘rifle shots’ by Republicans, as a way to fund portions of the federal workforce.

Both Hawley and Cruz, whose bill would pay air traffic controllers, were hopeful that their legislation would get a shot on the floor.

‘Listen, my goal is just to make sure that 42 million Americans don’t go without food starting this weekend,’ Hawley told Fox News Digital. ‘So, the only way I can see to do that is to vote on the floor. It will get blocked any other way.’

But Senate Majority Leader John Thune, R-S.D., pumped the brakes on the likelihood of those bills seeing floor time, doubling down throughout the week against funding the government one chunk at a time.

‘You start going down that road with one-off bills or take care of this group or that group, and it’s just like, it begs the larger question, how long… is this going to drag on? I think that the quickest way to end it is to just open everything up and then everybody gets paid,’ Thune said.

While there is a demand among Republicans to see federal workers get paid and to ensure the Supplemental Nutrition Assistance Program (SNAP), commonly known as food stamps, does not run out of funding on Saturday, most of the conference is unwilling to break ranks with Thune’s position.

‘I think we should close the door on it. Why are we picking winners and losers inside the government? The fact is, we’re shut down. We need to open it back up,’ Sen. Markwayne Mullin, R-Okla, told Fox News Digital. ‘Say you decided to fund the SNAP program. What about the employees that got to produce the paperwork and get it done? Are you not going to pay them?’

‘We had an opportunity to pay all essential employees. [Democrats] chose not to,’ he continued.

‘I mean, it’s ridiculous to think that we’re going to pick pieces of it when we should just open it all up. And there’s no reason why we shouldn’t.’

Senate Democrats, led by Senate Minority Leader Chuck Schumer, D-N.Y., have blocked the GOP’s plan to reopen the government 13 times since the shutdown began.

And they’ve shown little signs of cracking under pressure as pain points like food stamps funding and federal worker paydays mount.

But, Schumer and Senate Democrats are largely in favor of supporting a rifle-shot food stamps bill, even going so far as to draft their own — the top Senate Democrat said his caucus would support either their bill from Sen. Ben Ray Lujan, D-N.M., or Hawley’s measure.

‘If John Thune would put it on the floor, it would pass overwhelmingly,’ Schumer said. ‘But he’s afraid of Trump. He’s going along in this heartless, cruel thing.’

Sen. Amy Klobuchar, D-Minn., is also a co-sponsor of both bills, and said Thune ‘should call these bills up.’

‘He should call both of them up immediately, and as Sen. Schumer said, they would pass,’ she said. ‘So that’s why this is such a false crisis.’

As of Thursday, Hawley’s bill had 29 co-sponsors, including Schumer and 14 other Senate Democrats.

But given Democrats’ recent history of blocking bill after bill as the shutdown drags on, not every Republican trusted Schumer’s vow. Sen. John Kennedy, R-La., told Fox News Digital that ‘with all due respect to Chuck, I don’t believe him.’

‘They’re not going to get on the floor,’ he said. ‘They’re not going to get on the floor for two reasons. Number one, we’ve seen this vampire move. The Democrats get right up to it, and then they pull back. They’re not serious. And number two, we’re not going to — it’s not going to get on the floor because Thune says he’s tired of playing the games.’

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President Donald Trump’s tone on Ukraine has softened dramatically in recent weeks, from tough talk aimed to pressure Russian President Vladimir Putin last month to a more hands-off approach.

After signaling strong support for Ukraine and pledging to bring an end to Russia’s invasion, Trump now appears far less committed to aiding Kyiv or forcing a resolution to the war.

The reversal began quietly two weeks ago when Ukrainian President Volodymyr Zelenskyy visited Washington. Many had expected Trump to approve Tomahawk long-range missiles for Ukraine — but he didn’t.

The president said it would take too long to train on the missile system and that the U.S. needed them for its own stockpile. He vociferously denied a Wall Street Journal report suggesting the U.S. had lifted restrictions on Ukraine’s use of long-range missiles to fire into Russia.

Then came Thursday’s announcement from the Department of War that a rotational U.S. Army brigade stationed in Romania, with forces also in Hungary and Bulgaria, would be coming home. Trump dismissed the pullback as ‘not very significant, not a big deal,’ though European allies saw it differently.

‘This will be an invitation for Russia to increase their attacks on Ukraine, increase its influence in the region,’ one European official told Fox News Digital.

The softer posture extended to Trump’s meeting with Chinese President Xi Jinping on Thursday. Despite previously pressing India to curb its purchases of Russian oil, Trump made no such demand of Xi.

‘We really didn’t discuss the oil,’ he told reporters afterward.

Ending the war did come up, but in a noticeably less urgent tone.

‘We’re both going to work together to see if we can get something done,’ Trump said. ‘We agree that the sides are locked in, fighting, and sometimes you have to let them fight, I guess. Crazy. But he’s going to help us and we’re going to work together on Ukraine.’

For a president who vowed to ‘end the war on Day One,’ those comments suggest a shift from urgency to resignation — and a foreign policy that appears increasingly reactive rather than strategic.

Not everyone is alarmed by the change. Last week, Trump sanctioned two major Russian oil companies — Lukoil and Rosneft — in what supporters of Ukraine hope will deal a significant blow to Moscow’s war coffers. Both companies have since announced plans to sell international assets in response.

‘The sanctions are a step of actual consequence. European troop withdrawals are expected, but the changes seem marginal,’ another European official said. ‘The rest is your typical Trump pendulum — swinging away, this way one day, that way the next.’

At the same time, Trump announced the U.S. would resume nuclear weapons testing for the first time since 1992, blaming ‘other countries’ testing programs.’

Russia claims it recently tested a nuclear-powered drone along with a nuclear-capable missile and submarine, but the tests did not involve a detonation. Russia has not confirmed a nuclear weapon test since 1990. 

Weeks ago, Trump suggested European nations dealing with Russian drone and jet incursions into their airspace should ‘shoot them down,’ and administration officials vowed to defend ‘every inch’ of NATO.

He’d planned to meet with Putin in Hungary this month, but canceled the meeting after deciding he didn’t want to ‘waste time.’

‘Every time I speak with Vladimir, I have good conversations, and then they don’t go anywhere,’ Trump complained last week. ‘They just don’t go anywhere.’

Meanwhile, Russia bombarded Ukrainian cities with 705 missiles and drones overnight on Thursday, according to the Ukrainian Air Force. Ukraine repelled many of the projectiles, but four people were killed.

Even as Trump insists his administration is pursuing peace ‘through strength,’ his latest actions and rhetoric paint a more complicated picture — one that has left allies guessing which version of Trump’s Ukraine policy will prevail next.

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A prominent Empire State Republican is backing former Democrat Gov. Andrew Cuomo in the New York City mayoral race next week in a bid to derail Democratic nominee Zohran Mamdani.

Rep. Nick Langworthy, R-N.Y., a House lawmaker who previously chaired the New York State Republican Party, told Fox News Digital it was a ‘no-brainer’ backing Cuomo, despite their disagreements, over Mamdani.

‘This is a simple choice. I mean, one candidate has a shot to win. I mean, there’s polling that has him 10 points down in a very fluid situation,’ Langworthy said.

‘This is about saving the city from communism. I’ve had plenty of disagreements — very publicly over the years — and fought tooth and nail with Gov. Cuomo. But there’s no doubt in my mind he would be a far superior mayor than a communist.’

He is one of several prominent Republicans in New York coming out to publicly back Cuomo in the waning days before the election.

Early voting began in the New York City mayor’s race last weekend. Mamdani is the presumptive frontrunner in the deep blue Democrat stronghold, with Cuomo running as an independent candidate and Guardian Angels founder Curtis Sliwa running as the Republican.

Cuomo and Sliwa have both made overt movements to court independent and Republican voters, however, with concerns from Mamdani’s critics that the two could cancel each other out.

Langworthy would not say whether it was a mistake for Sliwa not to drop out of the race earlier but said, ‘Everyone’s really got to check, is this a vanity project? Or is this something you’re trying to do to seriously be the mayor?

‘There’s only one candidate running against Mamdani that has a credible path to win. And there’s Andrew Cuomo. And, you know, he knows how to run a government,’ he said. ‘I may have policy disagreements with him, but he’s certainly a better option than the alternative of Mamdani and the Democratic Socialists of America running the city with no checks and balances.’

It comes as other New York Republicans are making last-ditch overtures to Big Apple voters as well.

Rep. Nicole Malliotakis, R-N.Y., the only House Republican representing part of New York City and who ran for mayor in 2017, said she believed Sliwa was ‘the best choice’ but said polling showed ‘Cuomo’s got the best chance of beating Mamdani.’

‘I’ll take either of the two, quite frankly. I’ll take anybody but the communist,’ she said. 

‘He lacks the experience. You know, 34 years old. His only job was a hip-hop artist — a bad one, to boot. And if we have another hurricane, another pandemic, another terrorist attack, this guy is not capable of managing this city through it.’

But House Homeland Security Committee Chairman Andrew Garbarino, R-N.Y., who represents part of the New York City suburbs on Long Island, said he believed a Mamdani victory was likely a ‘forgone conclusion.’

‘The Democrats, the way they just set the system for themselves — somehow the primary is ranked choice, but the general is not. I mean, it’s ridiculous,’ Garbarino said. ‘We’ll see, though. I mean, the polls have been wrong before.’

Election Day in New York City is Tuesday, Nov. 4.

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An estimated 200,000 Ultra-Orthodox protesters converged on Jerusalem Thursday, opposing the country’s military draft, resulting in dozens of injuries during confrontations with the police. 

Israel’s emergency service Magen David Adom reported 56 people were injured. A police officer was also wounded after being hit by stones thrown by demonstrators. 

The rally shut down major roads leading into the capital, as protesters from across the country gathered to oppose efforts to conscript ultra-Orthodox, or Haredi, men into the Israel Defense Forces. At times, the demonstration turned violent as officers moved to clear blocked highways and restore order.

At the heart of the unrest is a long-standing exemption that allows ultra-Orthodox men who study full-time in religious seminaries to avoid military service — a policy that many Israelis view as deeply unfair.

Military service is mandatory for most Jewish men and women, but Haredi Jews have historically been exempt, a privilege dating back to Israel’s founding. They argue that their way of life — centered around Torah study and religious community — is incompatible with full military service. They fear that conscription will undermine their religious identity, expose them to secular values and erode the distinct community structures they’ve built.

With Israel fighting wars on multiple fronts over the past two years, the military has faced growing manpower shortages, prompting renewed efforts to end the exemption. The Supreme Court ruled last year that the arrangement was unconstitutional, ordering the government to pass a new conscription law.

That ruling has shaken Prime Minister Benjamin Netanyahu’s coalition. His ultra-Orthodox allies — the Shas and United Torah Judaism parties — quit the government in July, accusing him of betraying their religious base. Parliament has yet to agree on a compromise acceptable to both the Haredi leadership and the military.

Opposition leaders condemned the violence. Yair Lapid wrote on X, ‘If you can march in the streets, you can march in basic training and defend the State of Israel.’ Benny Gantz added, referring to a video of a female reporter being attacked, ‘There is nothing Jewish about this behavior.’

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Embattled Virginia Democratic attorney general candidate Jay Jones’ post-debate boast that his campaign took in $500,000 in 24 hours appears not to hold water, and Republicans pointed to new public fundraising disclosures poking holes in the claim.

The RNC and the Republican Attorney Generals Association (RAGA) both issued separate condemnations of the claim. The latter called it a ‘desperate’ attempt to distract from scandals related to violent rhetoric and a reckless driving charge.

In the latest tranche of fundraising figures posted by the nonpartisan Virginia Political Access Project (VPAP), Jones recorded donations on the day of and day following his debate with his opponent, Virginia Attorney General Jason Miyares — Oct. 16 and 17 — totaling just over $339,000.

That figure included $250,000 from DAGA PAC, which is the campaign arm of the Democratic Attorneys General Association, leaving about $90,000 to be accounted for incoming from other donors.

Small-dollar donations of $50 or less — often the bellwether for a candidate’s populist draw — totaled about $2,400 in that timeframe.

Adam Piper, a top official at RAGA, said in a statement that Jones is ‘the Pinocchio of Virginia politics,’ referring to the Walt Disney character whose nose grew when he lied.

‘We all know IOUs and Monopoly money cannot pay the bills, but Jay seems to think so, probably because he got away with his Get Out of Jail Free card,’ Piper added.

In 2022, Jones was stopped for driving 116 mph in a 70 mph zone in New Kent County and was convicted of reckless driving, which in Virginia is a misdemeanor that carries a maximum penalty of 12 months in jail, a $2,500 fine and license suspension. Instead of jail time, Jones paid a fine and completed community service. 

The episode sparked renewed criticism after reports revealed Jones had logged hundreds of those service hours with his own PAC.

RAGA recently released faux Community Chest and Chance cards depicting Jones ‘get[ting] out of jail free.’

‘He lied about his completed community service hours. Now, he’s lying about his campaign finance reports,’ Piper added.

An ongoing investigation into Jones’ reckless driving conviction was recently punted to a third jurisdiction after the New Kent County and James City County commonwealth’s attorneys both subsequently recused themselves.

However, Roanoke City Commonwealth’s Attorney Don Caldwell, an Independent, told Fox News Digital Wednesday he has yet to receive any official notice that his office has been tasked with the case.

In a statement, RAGA officials said that when Jones’ campaign was pressed about the $500,000 figure, they cited a then-‘outstanding’ pledge of an additional $250,000 from DAGA PAC, which did arrive days later.

‘No matter how you do the math, it doesn’t add up,’ said RAGA Political Director Klarke Kilgore.

‘Whether it’s a fake apology about his violent text messages, falsified community service hours or, now, bogus fundraising numbers, deception is Jay Jones’ default.’

In a press release following the debate, Jones’ campaign reported the $500,000 claim, with campaign manager Rachel Rothman saying it was proof of Virginians ‘stepping up to join our campaign because the stakes of this election are clear.’

‘Either ‘MAGA Miyares’ lets Trump control Virginia, or we finally elect an attorney general who puts Virginians first,’ Rothman said.

The statement went on to say there is elevated enthusiasm for Jones’ bid.

Fox News Digital recently asked DNC Chairman Ken Martin about Jones’ candidacy and the fact the party has ‘stuck with him.’

‘[L]et me be very clear: I immediately condemned those vile and indefensible comments and text messages that he made and called on him to apologize,’ Martin said of Jones.

‘Unlike the Republicans, who never actually condemn their own elected officials or hold them to account or to any sort of moral standards, the Democrats always do. We hold our elected officials and our candidates to high standards as we should. And as I made very clear, his comments were indefensible, inexcusable, and he needed to apologize to Virginians, which he did.

‘And now the question for Virginians is whether or not they’ve accepted his apology, and we’ll see soon enough, in a few days.’

When asked if the DNC ever considered calling on Jones to drop out, Martin said it was not up to him but to voters to decide whether the murder texts were disqualifying.

‘[W]e called him out. He apologized, and now Virginians will have to make their decision on who they think will be the best attorney general for Virginia,’ Martin said.

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President Donald Trump’s announcement that the United States will resume nuclear weapons testing for the first time in more than three decades has sent shockwaves through both Washington and world capitals. He argues the move is necessary to ‘keep pace’ with Russia and China, whose programs he claims are active, and to ensure that America’s deterrent remains credible. We will not be outmatched, Trump declared, ordering the Pentagon to ‘immediately’ begin preparations.

That declaration reverberated across the globe. To some, it signals renewed American strength — proof that Washington will no longer rely on self-imposed restraints while adversaries modernize unencumbered.

The rationale: deterrence and parity

Trump’s rationale rests on deterrence. If Russia or China are conducting secret or low-yield tests in violation of international norms, then the U.S., he argues, cannot appear constrained.

That logic has merit in theory. Yet in practice, there is no publicly verified evidence that Moscow or Beijing have conducted full-scale nuclear explosions in recent years. Both remain bound, at least politically, to the global testing moratorium.

America, for its part, has maintained a robust and credible deterrent through its Stockpile Stewardship and Management Program — using advanced supercomputing, materials science and subcritical testing to ensure our arsenal’s reliability without detonating a single weapon since 1992. However, Russia’s 2023 de-ratification of the Comprehensive Nuclear-Test-Ban Treaty (CTBT) signals potential erosion of that restraint.

In short, our nuclear arsenal works. Our delivery systems are being modernized.

A brief history: lessons written in fire

To understand what is at stake, it helps to recall how we got here. The U.S. conducted its first nuclear test — the ‘Trinity’ explosion — on July 16, 1945, in New Mexico. Over the next half-century, America performed more than 1,000 nuclear detonations, first in the atmosphere, later underground and underwater. Each test expanded our understanding of the bomb’s formidable power and devastating potential — but the environmental and human toll, from the Pacific islands to Nevada, was staggering.

By the early 1960s, public outrage and the Cuban Missile Crisis convinced world leaders that unrestrained testing endangered humanity itself. The Limited Test Ban Treaty of 1963 banned explosions in the atmosphere, outer space, and underwater. The final U.S. test occurred on Sept. 23, 1992, after which Washington joined a global moratorium pending ratification of the CTBT — still unsigned by a few key states, including ours. Nevertheless, the norm held. For 33 years, no nation except North Korea has crossed that line and, perhaps, South Africa, in 1979.

That moratorium has been one of the quiet triumphs of post-Cold War diplomacy: a restraint observed not out of naiveté, but wisdom born of horror. It allowed nations to modernize defensively while preserving the taboo against nuclear explosions, the ultimate boundary between deterrence and apocalypse.

The risks: moral, strategic and existential

To resume testing now risks unraveling that fragile consensus. Once the U.S. breaks the silence, others will follow. Russia could justify its own tests as reciprocal. China, already expanding its arsenal to 600 warheads, is expected to reach about 1,000 nuclear warheads by around 2030 and might accelerate that program. India and Pakistan could feel emboldened. North Korea would seize the moment to demonstrate ‘parity.’ Within years, the world could witness a cascade of underground detonations from East Asia to the Middle East. The psychological barrier separating possession from use would erode.

From a moral perspective, this is not a step to take lightly. Theologians and strategists alike have long argued that nuclear weapons pose unique ethical dilemmas.

From a policy standpoint, the cost-benefit calculus is equally stark. Resuming tests would erode U.S. moral authority in arms-control negotiations, undermine the CTBT and alarm allies who rely on America’s extended deterrence. It would also hand propaganda victories to adversaries eager to paint Washington as reckless. The environmental, safety and political costs of reopening test sites would be significant, and the scientific benefit — according to our own laboratories — minimal.

As the International Campaign to Abolish Nuclear Weapons (ICAN) warns, renewed testing would undermine decades of global norm-building around restraint and open the door to new proliferation.

A better path: lead, don’t imitate

Rather than igniting a new nuclear competition, the U.S. should seize this moment to lead the world toward restraint. Trump’s instinct to project strength is understandable; deterrence remains vital in a world of aggressors. But true strength includes moral leadership.

If the president genuinely wishes to reassert American primacy, he could do so not by detonating weapons, but by convening a global summit of nuclear-armed states — the U.S., Russia, China, France, the United Kingdom, India, Pakistan, Israel and North Korea — to renew or formalize a universal moratorium on nuclear testing. Such a proposal could leverage the CTBTO’s Article XIV Conference mechanism for enhanced verification and transparency.

Such a summit would accomplish three things:

  1. Reestablish dialogue among powers that rarely sit at the same table, easing nuclear tensions.
  2. Reaffirm deterrence without destruction, updating verification mechanisms and transparency measures using modern technology.
  3. Restore moral leadership, demonstrating that America’s power is disciplined by conscience, not driven by fear.

By proposing such a gathering — perhaps under United Nations auspices or as a U.S.-hosted initiative at the Nevada National Security Site — President Trump could transform a provocative decision into a statesmanlike opportunity. He could remind the world that American strength serves peace, not annihilation.

Conclusion: the test before us

For decades, humanity has lived under the shadow of weapons too powerful to use. Their silence has been our safety. Breaking that silence risks inviting a new arms race and edging civilization closer to the brink. History’s lesson is clear: once the nuclear threshold is crossed, even in testing, it becomes easier to cross again.

President Trump has proven that boldness can reset stagnant debates. But boldness without wisdom can also destabilize the world we seek to defend. The real test before us is not of plutonium or warheads, but of leadership — whether we will master our power, or once again let our power master us. True leadership demands the courage to combine military readiness with moral restraint, ensuring that power serves peace rather than pride.

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A former spokesperson for then-President Joe Biden admitted to Congress in August testimony, which surfaced on social media Wednesday, that he had only met with the aging president between one and five times in over two years despite previously claiming he was ‘sharp’ ‘every single day.’

In a July 2, 2024, interview on MSNBC, then-Biden spokesperson Ian Sams said of the former president that ‘When I deal with him, he is sharp, he is asking tough questions, that’s the President Biden that so many of us experience every single day.’

Pressed by the House Committee on Oversight and Government Reform on how many times he had met with Biden, Sams admitted that he had ‘interacted with him pretty infrequently’ and ‘met with the president a handful of times during my tenure in the White House.’

He further admitted that some of these interactions were online or over the phone. During his testimony he recalled two in-person meetings with Biden.

Sams worked in the White House from 2022 to 2024, serving in the roles of special assistant to the president, spokesperson and senior advisor in the White House Counsel’s Office.

Sams was pressed on whether the basis of his statements on Biden’s mental fitness was from his ‘handful’ of interactions with the former president.

‘You said that you met him personally maybe a handful of times. Are those the interactions that you were discussing when you say, ‘I deal with him’?’ a committee staff member asked, to which Sams responded, ‘Yes.’

‘Do you think that’s a bit misleading?’ Sams was asked.

He answered, ‘I think it was pretty direct and honest and said that when I do deal with him, he’s, you know, sharp and he was asking incisive questions during my meetings with him.’

‘But you dealt with him five times in 24 months. That’s not exactly a large scope of knowledge on how he interacts with staff,’ the committee staffer pressed, adding, ‘Do you think that statement suggests that you deal with him more than you did?’

Sams shot back, ‘I don’t think so. I mean, I spoke about my own interactions with him.’

Despite this, Sams maintained that though he ‘definitely noticed some aging’ in Biden, ‘I had no reason to think that he was anything other than capable of being the president and executing his duties.’

The House Oversight Committee GOP posted on its official X account, ‘Ian Sams, one of Joe Biden’s spokespersons, met with him only TWICE in over TWO YEARS. Then he would go on live television and say he interacted with him EVERY SINGLE DAY.’

‘He was LYING to the American people to cover up for Biden’s decline,’ the GOP account wrote.

Committee Chair James Comer, R-Ky., also posted on X, writing, ‘Biden’s top spokesman, Ian Sams, admitted to Congress he met Joe Biden only twice in two years. But that didn’t stop him from loudly insisting Joe was ‘fit.’’

‘Ian was just reading from a script written by Biden’s handlers,’ added Comer.

In a statement released by the Oversight Committee, Comer went on to say, ‘The Biden Autopen Presidency will go down as one of the biggest political scandals in U.S. history. As Americans saw President Biden’s decline with their own eyes, Biden’s inner circle sought to deceive the public, cover-up his decline, and took unauthorized executive actions with the autopen that are now invalid.’

‘Our report reveals how key aides colluded to mislead the public and the extraordinary measures they took to sustain the appearance of presidential authority as Biden’s capacity to function independently diminished,’ he went on, adding, ‘Executive actions performed by Biden White House staff and signed by autopen are null and void. We are calling on the U.S. Department of Justice to conduct a thorough review of these executive actions and scrutinize key Biden aides who took the Fifth to hide their participation in the cover-up.’

Fox News Digital reached out to Sams for comment but did not immediately receive a response.

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