Author

admin

Browsing

President Donald Trump announced that former Housing and Urban Development (HUD) Secretary Ben Carson will receive the Presidential Medal of Freedom during a White House event marking the 100th anniversary of Black History Month, as attendees at one point broke into chants of ‘four more years.’

‘Ben’s getting the Presidential Medal of Freedom,’ Trump said. ‘It’s the highest award you can have outside of the Congressional Medal of Honor.’

Trump said Carson would receive the nation’s top civilian honor at a future ceremony, telling him, ‘Ben, I’ll be seeing you back here pretty soon. I think you’re going to get the award.’

The announcement came as Trump mixed tributes and cultural references with policy and political claims including criminal justice reform, crime reduction and border enforcement while hosting what he described as ‘many exceptional African American leaders and patriots’ at the White House.

Trump opened the event by noting, ‘we celebrate the 100th anniversary of Black History Month.’

He then addressed the death of the Rev. Jesse Jackson, saying, ‘I wanted to begin by expressing a sadness that the passing of a person who was. I knew very well Jesse was a piece of work. He was a piece of work. But he was a good man.’

‘I just want to pay my highest respects to Reverend Jesse Jackson,’ Trump added, calling him ‘a real hero,’ and saying ‘he really was special, with lots of personality, grit and street smarts.’

Trump introduced HUD Secretary Scott Turner and brought Carson to the front of the room, noting Carson had recommended Turner. Carson praised Turner’s role in opportunity zones, saying ‘he was really the driving force behind the Opportunity zones,’ and described Trump’s approach as ‘public private partnerships, and had everybody with skin in the game.’

Moments later, Trump returned to Carson and elaborated on the award.

‘It’s better because, you know, a lot of people get the Congressional Medal of Honor, and they’re not around,’ Trump said. ‘But it’s the highest award [for] a civilian.’

After remarks from Leo Terrell whom Trump thanked, saying, ‘Leo, that was very good,’ the crowd assembled broke into a chant of ‘four more years.’

Later, while listing Black artists and athletes, Trump singled out rapper Nicki Minaj.

‘I love Nicki Minaj. She was here a couple of weeks ago.’

‘So beautiful,’ he added, before saying, ‘and she gets it. And more importantly, she gets it.’

Trump connected Wednesday’s celebration to a broader national moment, saying, ‘Black History Month is really all about American history,’ and referencing upcoming America250 programming.

The President outlined a series of policy accomplishments for the black community, saying he ‘single handedly secured record long term funding for’ historically Black colleges and universities and reiterated, ‘we got criminal justice reform done,’ adding, ‘Nobody thought it can be done.’

Trump tied those policies to electoral performance, saying, ‘it’s no wonder that in 2024, we won more African-American votes than any Republican president in history.’

Trump also cited economic indicators, saying, ‘Earlier this month the Dow Jones Industrial Average rose above 50,000 for the first time ever,’ and adding, ‘The S&P broke 7000.’

‘More Americans are working today than at any time in American history,’ he said, before stating, ‘Since I took office, African American employment has increased by 182,000.’

The president also promoted a tax proposal, inviting a small business owner from Arkansas to speak. She told the audience, ‘no tax on tips has been amazing blessing for me.’

Trump later pivoted to crime and border enforcement, arguing ‘we need order,’ and claiming, ‘Washington DC is amazing. It was a crime capital. It was a horror show a year ago. It was really dangerous. And now it’s one of the safest cities anywhere in the country.’

‘We have the lowest murder numbers in 125 years since 1990,’ he said, adding, ‘just one year ago, we had the absolute worst border that we’ve ever had, and now we have the safest border that we’ve ever had.’

He also said he had ‘deployed the National Guard to bring back safety to Memphis and to New Orleans and Washington,’ calling the Guard ‘incredible.’

Johnson credited Trump with the First Step Act, saying, ‘President Trump did something historic in his first term. He signed the First Step act into law,’ and adding, ‘Over 40,000 individuals have come home to their families early.’

Trump closed by calling the gathering ‘a very special group of people,’ and said, ‘So happy Black History Month, happy black history year, and happy black history century.’

This post appeared first on FOX NEWS

Secretary of State Marco Rubio has reportedly been holding secret talks with the grandson of Raul Castro, the former President of Cuba. 

The talks between Rubio and Raul Guillermo Rodriguez Castro are bypassing official Cuban government channels, Axios reported. 

‘Our position — the U.S. government’s position — is the regime has to go,’ a senior official told the news outlet. ‘But what exactly that looks like is up to [President Trump] and he has yet to decide. Rubio is still in talks with the grandson.’

‘I wouldn’t call these ‘negotiations’ as much as ‘discussions’ about the future,’ the official added.

Earlier this month, Cuban despot Miguel Díaz-Canel warned his country is ‘close to failing’ as the U.S. shuts off commercial valves vital to its survival, such as fuel and food, followed by nearly 70 years of one-party communist rule.

Cuba’s power grid is failing, hospitals are short of necessary supplies and garbage has piled up on the streets. 

The Trump administration has ratcheted up pressure on the communist-run island in recent weeks, following the arrest of Venezuelan President Nicolas Maduro, a Cuban ally. The administration has accused Havana of cozying up to U.S. adversaries and terrorist groups. 

Fox News Digital has reached out to the State Department. The White House referred Fox News Digital to press secretary Karoline Leavitt’s remarks on Tuesday, in which she said Havana needs to make serious changes. 

‘They are a regime that is falling,’ she said. ‘Their country is collapsing, and that’s why we believe it’s in their best interest to make very dramatic changes very soon. And we’ll see what they decide to do.’

This post appeared first on FOX NEWS

President Donald Trump praised civil rights activist Jesse Jackson as a ‘real hero’ during a White House Black History Month event Wednesday, just a day after Jackson’s death.

‘I wanted to begin by expressing a sadness that the passing of a person who was. I knew very well Jesse was a piece of work. He was a piece of work. But he was a good man. He was a real hero,’ Trump said on Wednesday, earning cheers from the audience. 

Trump hosted leaders from the Black community at the White House Wednesday to honor Black History Month in February. He remarked as the event kicked off that there was a ‘sold-out crowd’ and that the upcoming White House ballroom would accommodate far more people. 

Trump had lamented Jackson’s death in a prior Truth Social post Tuesday, elaborating on Wednesday that the pair’s relationship got ‘better and better all the time.’

‘A lot of people you get to know, they get worse and worse. Jesse got better and better. But I knew him well long before becoming president, and he really was special, with lots of personality, grit and street smarts,’ Trump continued. 

Jackson, 84, died Tuesday. His cause of death has not been identified, but he had suffered from health issues including living with a rare neurological condition.

Jackson was a two-time Democratic presidential candidate, and longtime civil rights leader who joined Dr. Martin Luther King Jr. in the 1960s before his assassination, and was the founder of civil rights group, Rainbow/PUSH Coalition. 

‘I will tell you, he was gregarious and someone who truly loved people and a force of nature, who is, somebody that we’re going to greatly miss. And on behalf of everyone here today, I know you join me in sending our condolences to the entire family,’ Trump continued. 

Wednesday’s event included celebrating the legacy of Black Americans, economic wins under the Trump administration, as well as Trump reigniting his 2025 announcement that former Department of Housing and Urban Development Secretary Ben Carson, who served under Trump’s first term, would receive the Presidential Medal of Freedom.  

‘Ben’s getting the Presidential Medal of Freedom. It’s the highest award you can have outside of the Congressional Medal of Honor,’ Trump said.

This post appeared first on FOX NEWS

The president of a Florida insurance brokerage firm and the CEO of a marketing company were sentenced Wednesday to 20 years each in prison for leading a sprawling, $233 million Affordable Care Act fraud scheme that preyed on Florida’s most vulnerable residents — including homeless and jobless individuals and newly displaced hurricane victims — to pocket millions in unearned commissions.

Cory Lloyd, 46, of Stuart, Florida, and Steven Strong, 42, of Mansfield, Texas, were convicted of conspiracy and fraud for their roles in the scheme, which involved lying and falsifying government forms to obtain coverage for individuals and lying to or bribing would-be enrollees to sign up for plans even when they knew doing so would cost them their existing insurance coverage. In addition to their prison time, the pair were ordered to pay $180.6 million in restitution to their victims. 

Lloyd and Strong profited handsomely for years from the scheme, Justice Department officials said, using the proceeds to purchase luxury vehicles, an 80-foot yacht and an oceanfront home in the Florida Keys.

‘Preying upon medically compromised consumers to rob hundreds of millions of taxpayer-funded programs is evil and unforgivable,’ Attorney General Pam Bondi told Fox News Digital in a statement. 

‘Fraud schemes like this rob citizens and shake faith in our institutions. Today’s sentencing is the latest example of this DOJ’s commitment to fighting fraud nationwide,’ Bondi said.

An estimated 35,000 individuals were fraudulently enrolled in Affordable Care Act plans during the years-long scheme led by Lloyd and Strong, Justice Department officials with knowledge of the case told Fox News Digital. The two sought more than $233 million in fraudulent payments, including about $180 million in federal Affordable Care Act funding.

‘These defendants were sophisticated, licensed insurance brokers,’ Assistant Attorney General A. Tysen Duva of the Justice Department’s Criminal Division said in a statement. 

‘They had everything and intentionally took advantage of people who had nothing. The message from these sentences is simple: Those who seek to line their own pockets with taxpayer dollars, victimize our most vulnerable and deplete federal programs will be held accountable.’

The two intentionally targeted people in the state who were experiencing homelessness and people experiencing mental health disorders, including addiction to opioids or other drugs, according to materials reviewed by Fox News Digital. 

Prosecutors said at trial that Lloyd and Strong conspired to circumvent federal income and eligibility verification safeguards. They also intentionally submitted Medicaid applications designed to trigger denials, allowing them to steer those same individuals into fully subsidized Affordable Care Act plans outside the open enrollment period, maximizing commissions year-round.

Their lavish lifestyle contrasted starkly with that of the individuals they lied to and scammed. 

‘One of the really awful things about the case is that it’s not only a scheme that’s taking money from the elderly and the disabled and defrauding the taxpayers, but that it actually resulted in real harm to the patients as well,’ one Justice Department official said in an interview.

That harm included individuals losing access to life-saving treatments for opioid use disorders, mental health disorders and serious infectious diseases.

Text messages introduced at trial showed Strong and Lloyd discussing sending ‘street marketers’ into Florida hurricane shelters to recruit enrollees.

In one text exchange, Strong suggested sending their team of ‘street marketers’ into Florida hurricane shelters to recruit enrollees. Lloyd responded enthusiastically, stating, ‘It’s a killer idea, if we could pull it off!’

Prosecutors said the efforts were particularly harmful because they disrupted existing coverage plans and jeopardized access to treatment for serious conditions.

Many of the victims were experiencing homelessness or unemployment or qualified for Medicaid coverage — an insurance option for low-income or vulnerable populations that, in many cases, best suited their needs.

Jurors heard from a Jacksonville-based psychiatrist who treats homeless individuals and testified about the harm some of his patients suffered as a result of the fraud, which caused them to lose their Medicaid coverage.

This included an individual ‘living in the woods behind Walmart’ who was suffering from schizoaffective disorder, a person familiar with the case told Fox News Digital.

Like others, this individual had previously been enrolled in Medicaid, which covered the entirety of a $2,000 shot used to treat the schizoaffective disorder. Enrollment in an Affordable Care Act plan caused the individual to lose that coverage.

The sentencing comes as the Justice Department has moved aggressively to crack down on healthcare fraud, including through its ongoing ‘strike force’ program that operates across 25 federal districts and has resulted in criminal charges against about 5,000 individuals, according to information shared with Fox News Digital.

It also comes as the DOJ’s Health Care Fraud Unit secured the largest national healthcare fraud takedown in its history in 2025, officials said, charging more than $15 billion in alleged losses and forfeitures and returning more than $560 million to the public.

Justice Department officials noted the amount is ‘many, many, many times our annual budget.’

This post appeared first on FOX NEWS

: This was the kind of prison break officials say could have changed the region, and perhaps even the world, overnight.

Nearly 6,000 ISIS detainees, described by a senior U.S. intelligence official as ‘the worst of the worst,’ were being held in northern Syria as clashes and instability threatened the Kurdish-led Syrian Democratic Forces, the guards responsible for keeping the militants locked away and preventing a feared ISIS resurgence. U.S. officials believed that if the prisons collapsed in the chaos, the consequences would be immediate.

‘If these 6,000 or so got out and returned to the battlefield, that would basically be the instant reconstitution of ISIS,’ the senior intelligence official told Fox News Digital.

In an exclusive interview, the official walked Fox News Digital step by step through the behind-the-scenes operation that moved thousands of ISIS detainees out of Syria and into Iraqi custody, describing a multi-agency scramble that unfolded over weeks, with intelligence warnings, rapid diplomacy and a swift military lift.

The risk, the official explained, had been building for months. In late October, Director of National Intelligence Tulsi Gabbard began to assess that Syria’s transition could tip into disorder and create the conditions for a catastrophic jailbreak.

The ODNI sent the official to Syria and Iraq at that time to begin early discussions with both the SDF and the Iraqi government about how to remove what the official repeatedly described as the most dangerous detainees before events overtook them.

Those fears sharpened in early January as fighting erupted in Aleppo and began spreading eastward. Time was running out to prevent catastrophe. ‘We saw this severe crisis situation,’ the official said.

According to the source, the ODNI oversaw daily coordination calls across agencies as the situation escalated. The official said Secretary of State Marco Rubio was ‘managing the day to day’ on policy considerations, while the ODNI drove a working group that kept CENTCOM, diplomats and intelligence officials aligned on the urgent question: how to keep nearly 6,000 ISIS fighters from slipping into the fog of war.

The Iraqi government, the official said, understood the stakes. Baghdad had its own reasons to move quickly, fearing that if thousands of detainees escaped, they would spill across the border and revive a threat Iraq still remembers in visceral terms.

The official described Iraq’s motivation bluntly: leaders recognized that a massive breakout could force Iraq back into a ‘2014 ISIS is on our border situation once more.’

The U.S. Embassy in Baghdad, the official said, played a pivotal role in smoothing the diplomatic runway for what would become a major logistical undertaking.

Then came the physical lift. The official credited CENTCOM’s surge of resources to make the plan real on the ground, saying that ‘moving in helicopters’ and other assets enabled detainees to be removed in a compressed timeframe.

‘Thanks to the efforts… moving in helicopters, moving in more resources, and then just logistically making this happen, we were able to get these nearly 6000 out in the course of just a few weeks,’ the official said.

The SDF, he said, had been securing the prisons, but its attention was strained by fighting elsewhere, fueling U.S. fears that a single breach could spiral into a mass escape. Ultimately, detainees were transported into Iraq, where they are now held at a facility near Baghdad International Airport under Iraqi authority.

The next phase, the official said, is focused on identification and accountability. FBI teams are in Iraq enrolling detainees biometrically, the official said, while U.S. and Iraqi officials examine what intelligence can be declassified and used in prosecutions.

‘What they were asking us for, basically, is giving them as much intelligence and information that we have on these individuals,’ the official said. ‘So right now, the priority is on biometrically identifying these individuals.’

The official said the State Department is also pushing countries of origin to take responsibility for their citizens held among the detainees.

‘State Department is doing outreach right now and encouraging all these different countries to come and pick up their fighters,’ he said.

While the transfer focused strictly on ISIS fighters, the senior intelligence official said families held in camps such as al-Hol were not part of the operation, leaving a major unresolved security and humanitarian challenge.

The camps themselves were under separate arrangements, the official said, and responsibility shifted as control on the ground evolved. 

According to the official, the Syrian Democratic Forces and the Syrian government reached an understanding that Damascus would take over the al-Hol camp, which holds thousands of ISIS-affiliated women and children.

‘As you can see from social media, the al-Hol camp is pretty much being emptied out,’ the official said, adding that it ‘appears the Syrian government has decided to let them go free,’ a scenario the official described as deeply troubling for regional security. ‘That is very concerning.’

The fate of the families has long been viewed by counterterrorism officials as one of the most complicated, unresolved elements of the ISIS detention system. Many of the children have grown up in camps after ISIS lost territorial control, and some are now approaching fighting age, raising fears about future radicalization and recruitment.

For now, the official said, intelligence agencies are closely tracking developments after a rapid operation that, in their view, prevented thousands of experienced ISIS militants from reentering the battlefield at once and potentially reigniting the group’s fighting force. 

‘This is a rare good news story coming out of Syria,’ the official concluded.

This post appeared first on FOX NEWS

The debate over U.S. missile defense is increasingly focused on space, and defense experts argue that stopping threats in the earliest moments after launch could determine whether the homeland remains protected against Russia and China’s expanding arsenals.

At a policy discussion marking roughly a year since the rollout of the ‘Golden Dome’ homeland defense initiative, former senior defense officials said the United States can no longer rely primarily on deterrence and retaliation to shield the country from missile attacks.

‘I think geography is no longer’ a shield, former Air Force Undersecretary Kari Bingen said during a C-SPAN panel Friday. ‘There are different types of threats that can reach the homeland.’

The Golden Dome initiative stems from a January 2025 executive order signed by President Donald Trump directing the Pentagon to accelerate development of a next-generation homeland missile defense architecture. The order calls for integrating existing ground-based interceptors with advanced tracking networks, new space-based sensors and potentially space-based interceptors capable of detecting and defeating ballistic, cruise and hypersonic missile threats earlier in flight.

Administration officials have framed the effort as a response to rapid modernization by Russia and China. 

Russia has fielded new intercontinental ballistic missiles and hypersonic glide vehicles designed to penetrate missile defenses, while China has expanded its nuclear arsenal and constructed hundreds of new missile silos in recent years. 

Both countries have invested heavily in maneuverable reentry vehicles and countermeasures intended to complicate U.S. interception efforts.

Stopping missiles early

Supporters of a stronger space layer argue that intercepting a missile early in flight — before it can deploy warheads or countermeasures — simplifies the defensive challenge and reduces the strain on systems closer to U.S. territory.

‘It gives the ability to neutralize before they manifest here at home,’ missile defense expert Thomas Karako said, referring to space-enabled capabilities that could track and potentially intercept threats sooner in their trajectory.

Karako said there is ‘a compelling case’ for space-based interceptors ‘not just against nonnuclear attack but even limited nuclear attacks,’ arguing that raising the threshold for adversaries contemplating a strike strengthens deterrence overall.

‘If you raise the threshold for having enough capability to meaningfully invest in enemies … there’s goodness in there,’ he said.

Panelists emphasized that the objective is not absolute protection against thousands of intercontinental ballistic missiles, but improving the odds of defeating smaller or more limited attacks, including those that could involve large salvos or advanced countermeasures.

Threats are evolving

Melissa Dalton, a former senior Pentagon official, said missile and drone use has become increasingly normalized in recent conflicts, lowering the perceived threshold for employment.

‘They don’t respect the boundaries,’ Dalton said, noting the growing frequency of missile and drone attacks.

Bingen argued that the U.S. historically leaned heavily on the threat of retaliation to deter attacks but that changing technologies and adversary capabilities require a broader approach.

‘Americans would be surprised how reliant we have been on vulnerability and retaliation,’ she said.

Space and integration challenges

While space-based missile defense once drew skepticism due to cost and technical hurdles, Karako said advances in commercial launch and satellite technology have changed the feasibility calculus.

‘This is not the Soviet Union in the ’80s or the ’90s,’ he said. ‘The technology has evolved quite a bit.’

Still, experts acknowledged that integration — linking sensors, interceptors and command-and-control systems at machine speed — may be the most difficult challenge.

‘We have to remember this is a layered defense system,’ Bingen said. ‘We’re not asking the space layer to do it all.’

Participants also stressed that any major expansion of homeland missile defense will require bipartisan political support to endure through election cycles and shifting budget priorities.

‘If you don’t persuade people what it’s about, it will never be built,’ Karako said.

Officials have floated an aggressive timeline — including a three-year push to stand up initial capabilities — but the Golden Dome is still in early development, with much of the work focused on planning, prototypes and initial contracts. Significant technical and acquisition hurdles remain, particularly for any space-based interceptor layer, which defense officials acknowledge would take years to fully field.

The effort marks a broader shift in how the U.S. approaches homeland defense. Rather than relying mainly on midcourse interceptors and the threat of retaliation, Golden Dome is designed to push defenses earlier in a missile’s flight — and further into space — with the goal of stopping threats before they can deploy countermeasures or overwhelm existing systems.

This post appeared first on FOX NEWS

A South Korean court sentenced former President Yoon Suk Yeol to life in prison Thursday for leading an insurrection after declaring martial law in December 2024.

Yoon was found guilty of abuse of authority and masterminding the insurrection.

Yoon, 65, denied the charges and argued that he had presidential authority to declare martial law and that his action was aimed at sounding the alarm over opposition parties’ obstruction of government.

Prosecutors said in January that Yoon’s ‘unconstitutional and illegal emergency martial law undermined the function of the National Assembly and the Election Commission … actually destroying the liberal democratic constitutional order.’

Yoon’s attempt to impose martial law lasted roughly six hours, sparking mass street protests before parliament quickly voted it down.

Under South Korean law, masterminding an insurrection carries a maximum sentence of death or life imprisonment. Prosecutors hadsought the death penalty.

While courts last imposed a death sentence in 2016, South Korea has not carried out an execution since 1997.

Yoon is expected to appeal the ruling.

Yoon faces eight ongoing trial proceedings and was already given a five-year prison sentence last month in a separate case on charges including obstructing authorities’ attempts to arrest him following his martial law declaration. He has appealed that sentence.

Reuters contributed to this report.

This post appeared first on FOX NEWS

A Washington, D.C., grandmother who lost her grandson to gun violence delivered a fiery defense of President Donald Trump during a Black History Month celebration Wednesday at the White House.

Forlesia Cook’s grandson, Marty William McMillan Jr., was killed in 2017 at the age of 22. Cook has since spoken publicly about the loss, including testifying before Congress about his killing.

After Trump invited Cook to say a few words at the event, she used the moment to defend him, urging critics to ‘get off the man’s back.’

‘I love him, I don’t want to hear nothing you got to say about that racist stuff,’ she said. ‘And don’t be looking at me on the news, hating on me because I’m standing up for somebody that deserves to be standing for.’

Cook’s voice grew louder as she continued.

‘Get off the man’s back,’ she said. ‘Let him do his job. He’s doing the right thing. Back up off him.’

She ended her remarks by declaring, ‘And grandma said it.’

The East Room crowd erupted in applause and cheers.

Trump appeared to welcome the praise, joking that she should run for public office.

‘Wow, that’s pretty good,’ Trump said. ‘When is she running for office? Forlesia, when are you running for office? You have my endorsement.’

Cook also thanked Trump for calling the National Guard to the capital and praised his tough-on-crime approach.

‘One thing I like about him, he keeps it real, just like grandma,’ she said. ‘I appreciate that because I can trust him.’

The White House event marked the annual celebration of Black History Month.

Trump also addressed the death of the Rev. Jesse Jackson, saying, ‘I wanted to begin by expressing a sadness at the passing of a person who was, I knew very well, Jesse was a piece of work. He was a piece of work, but he was a good man.’

‘I just want to pay my highest respects to Reverend Jesse Jackson,’ Trump added, calling him ‘a real hero’ and saying, ‘he really was special, with lots of personality, grit and street smarts.’

The president also announced that former Housing and Urban Development (HUD) Secretary Ben Carson would receive the Presidential Medal of Freedom.

Fox News Digital’s Jasmine Baehr contributed to this report.

This post appeared first on FOX NEWS

Here’s a quick recap of the crypto landscape for Wednesday (February 18) as of 9:00 a.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$68,092.31, down 0.3 percent over the last 24 hours.

Bitcoin price performance, February 18, 2026.

Chart via TradingView

Ether (ETH) was priced at US$2,019.43, up by 0.3 percent over the last 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$1.49, up by 0.6 percent over 24 hours.
  • Solana (SOL) was trading at US$85.41, down by 1.9 percent over 24 hours.

Today’s crypto news to know

CLARITY Act advances as regulators close ranks

Momentum is building behind the Digital Asset Market Clarity Act of 2025 as lawmakers and regulators signal rare alignment on crypto market structure.

The House has already passed the bill, leaving the Senate as the next hurdle, where committee markups and cross-panel negotiations will determine whether it reaches the floor. Treasury Secretary Scott Bessent said Congress should pass CLARITY “this spring.”

At a recent House hearing, SEC Chair Paul S. Atkins backed the effort and outlined a joint SEC–CFTC initiative dubbed “Project Crypto” aimed at clarifying token classifications while legislation moves forward.

The Securities and Exchange Commission and Commodity Futures Trading Commission have long sparred over jurisdiction, so public coordination signals expectations that durable reform may be imminent. Meanwhile, the Senate Agriculture Committee has advanced the Digital Commodity Intermediaries Act, which lawmakers say builds on the House framework and incorporates bipartisan input.

If enacted, the bill would shift oversight from enforcement-by-interpretation to clearer statutory categories for exchanges, brokers, issuers and market makers.

California sets crypto licensing deadline under DFAL

California is moving ahead with state-level crypto oversight, confirming that firms serving residents must secure a Digital Financial Assets Law license, or apply for one, by July 1, 2026.

Applications open March 9 through the Nationwide Multistate Licensing System, according to the California Department of Financial Protection and Innovation. Signed by Governor Gavin Newsom in 2023, DFAL creates a comprehensive licensing regime covering exchanges, custodians and crypto kiosks.

The law has drawn comparisons to New York’s BitLicense, which once prompted several firms to exit that state.

“California is the fourth-largest economy in the world, so its regulatory choices inevitably carry weight,” said Joe Ciccolo of the California Blockchain Advocacy Coalition. He added that clearer rules could attract institutional capital but warned that smaller operators may opt to leave rather than meet stricter standards. With roughly a quarter of U.S. blockchain firms based in the state, the rollout could shape national compliance strategies.

Peter Thiel exits Ethereum treasury bet

Billionaire investor Peter Thiel has fully divested his stake in ETHZilla, according to a recent SEC filing showing zero beneficial ownership as of year-end 2025.

The exit marks a sharp reversal from August, when Thiel disclosed a 7.5 percent position that was widely viewed as a vote of confidence in corporate Ethereum treasury models. The filing indicates no remaining voting or dispositive power tied to Thiel or affiliated Founders Fund entities.

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

LaFleur Minerals Inc. (CSE: LFLR,OTC:LFLRF) (OTCQB: LFLRF) (FSE: 3WK0) (‘LaFleur Minerals’ or the ‘Company’) is pleased to provide an update on the advancement of its Beacon Gold Mill restart plans, further to the Company’s press release dated January 26, 2026, which outlined its near-term production strategy and the ongoing advancement of its comprehensive Preliminary Economic Assessment (‘PEA’). The Company’s assets, the Swanson Gold Deposit and Beacon Gold Mill, lie in the heart of the Val-d’Or, Québec mining camp, on the prolific Abitibi Greenstone Belt, Canada’s largest gold producing region.

Valley of Gold, Val-d’Or, Québec

The Val-d’Or/Rouyn-Noranda mining camp is a premier gold mining hub within the Abitibi Greenstone Belt of Québec with over 73 million ounces of gold produced from 1926 to 2019 (source: DigiGeoData). The Val-d’Or mining district, known as the ‘Valley of Gold,’ is characterized by Archean greenstone-hosted orogenic gold deposits typically found in quartz-tourmaline-carbonate veins. The Lamaque Complex is located in Val-d’Or and operated by Eldorado Gold Inc. Commercial production was declared at the Triangle mine on March 31, 2019, and has since produced over 1 Moz of gold (source: Eldorado Gold website). The Lamaque Complex deposits are located within the prolific Val-d’Or district that hosts the historical Lamaque and Sigma Mines. Collectively, these mines produced nearly 9.5 million ounces of gold between 1937 and 2012 (source: Cowen, E.J, 2020. Miner Deposita 55, p217-240). The region is host to numerous other gold deposits or exploration stage projects that surround LaFleur Minerals’ 100%-owned Beacon Gold Mill (Figure 1). Please note that mineralization on these adjacent properties is not necessarily indicative of mineralization on the Company’s properties.

Figure 1: Regional View of LaFleur’s Beacon Gold Mill and Swanson Gold Project

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6526/284272_8c1565e204f76b48_001full.jpg

LaFleur Minerals: Restarting Gold Production at 100%-Owned Mill in the Valley of Gold

LaFleur’s Minerals Beacon Gold Mill, Swanson Gold Deposit, and Beacon Tailings Pond are situated centrally within the prolific southern Abitibi Greenstone Belt. The Beacon Gold Mill, located in the heart of this mining camp, underwent more than $20 million in recent upgrades and modernization prior to its most recent gold production in 2022, when gold prices were approximately $2,000 per ounce. Today, with gold prices significantly higher, breaking above $4,900 per ounce, the Company believes that the strategic value of owning the fully permitted Beacon Gold Mill, Tailings Pond, and related infrastructure within such a prolific gold district provides a compelling foundation for near-term gold production and long-term district-scale growth.

Beacon Mill Restart Progress

Refurbishment and site upgrade activities are progressing well. As of today, work continues to advance steadily across critical plant systems, with several major components now refurbished or nearing operational readiness.

Electrical upgrades and winterization improvements have largely been completed, helping ensure reliable year-round operations. On the mechanical side, numerous pumps, material handling systems, and key processing components have been inspected, repaired, and prepared for restart. Structural integrity inspections have confirmed the plant remains in good condition. Modern safety upgrades, including hydroelectric, fire protection, and enhanced security surveillance, are now in place.

To date, approximately 30% of the total budget has been spent on the project, which remains firmly under cost control, with substantial physical progress achieved while maintaining strong financial flexibility.

These initiatives represent important milestones as the Company prepares for re-commissioning and the mill’s restart, anchored by a vertically-integrated mine-to-mill portfolio that includes the Company’s Swanson Gold Deposit, just 60 kilometres from the Beacon Gold Mill, the Beacon Gold Mill and Tailings Pond. LaFleur Minerals’ strategy focuses on combining resource development at the Swanson Gold Deposit with the permitted Beacon Gold Mill to accelerate the pathway to production.

Figure 2: LaFleur’s Beacon Gold Mill

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6526/284272_8c1565e204f76b48_002full.jpg

Figure 3: Inside LaFleur’s Beacon Gold Mill

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6526/284272_8c1565e204f76b48_003full.jpg

Figure 4: Inside LaFleur’s Beacon Gold Mill

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6526/284272_8c1565e204f76b48_004full.jpg

Figure 5: Inside LaFleur’s Beacon Gold Mill, Agitator

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6526/284272_8c1565e204f76b48_005full.jpg

Swanson Gold Continues to Deliver Results

Swanson Gold Deposit’s recent drill campaign has validated strong gold continuity, long mineralized intercepts including a standout intercept of 2.05 g/t Au over 158.25 metres (Hole SW-25-066), narrow high-grade results including 121.0 g/t Au over 1.1 metres and new shallow discoveries beyond the current Swanson Deposit footprint, reinforcing Swanson’s potential as a scalable, district-scale gold asset and long-term source of mill feed for the Company’s nearby Beacon Gold Mill (refer to press release dated February 4, 2026).

Paul Ténière, Chief Executive Officer of LaFleur Minerals Inc., commented, ‘LaFleur Minerals has assembled what we believe is a technically differentiated and strategically rare asset base for a company at our stage of development. After only ~18 months of listing on the CSE, we control a district-scale exploration project at the Swanson Gold Deposit as potential primary feed source, the Beacon Tailings Pond, and fully permitted processing infrastructure, the Beacon Gold Mill. It is highly uncommon for emerging resource companies to simultaneously hold a large-scale exploration land package and access to owned milling infrastructure, particularly this early in their corporate lifecycle. LaFleur Minerals is advancing its PEA in parallel with the refurbishment of an existing processing facility, materially compressing the timeline between resource delineation and potential production. As our PEA approaches completion, targeted for March 2026, and as we prepare for pre-operational tests and system checks at the Beacon Gold Mill in the coming months, we are transitioning from pure exploration and development to gold production execution, positioning LaFleur Minerals as a near-term production story supported by tangible infrastructure and a district-scale growth platform.’

The Company’s impending PEA will provide updated economic metrics and a development roadmap aligned with its near-term production objectives. Concurrently, mill refurbishment activities remain on schedule, positioning LaFleur for operational readiness as market conditions remain favourable. With gold prices now exceeding $4,900 per ounce, the strategic value of controlling both feed and processing capacity becomes even more significant. LaFleur Minerals’ integrated asset portfolio provides optionality, capital efficiency, and operational leverage to gold price appreciation.

Further updates will be provided as key milestones are achieved.

Figure 6: LaFleur’s Swanson Gold Project, Drilling

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6526/284272_8c1565e204f76b48_006full.jpg

QUALIFIED PERSON STATEMENT AND DATA VERIFICATION

All scientific and technical information 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) (OTCQB: LFLRF) (FSE: 3WK0) is focused on the development of district-scale gold projects in the Abitibi Gold Belt near Val-d’Or, Québec. The Company’s mission is to advance mining projects with a laser focus on our resource-stage Swanson Gold Project 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 Minerals’ fully-permitted and refurbished Beacon Gold Mill is capable of processing over 750 tonnes per day and is being considered for processing mineralized material from 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

Website: www.lafleurminerals.com | LinkedIn | Twitter/X | Instagram

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 use of proceeds from the 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/284272

News Provided by TMX Newsfile via QuoteMedia

This post appeared first on investingnews.com