Breaking
Secure Stock Strategies
Author

admin

Browsing
Investing

China’s Rare Earths Crackdown Puts MP Materials in the Spotlight

For years, rare earths have been discussed mostly in times of crisis — a supply scare here, a geopolitical flare there. This year, the strategic minerals are again taking center stage as China reasserts control over the sector.

The latest round of rare earths policy shifts has put new attention on how producers outside China are positioning themselves. For MP Materials (NYSE:MP), 2025 has been less about responding to market turbulence and more about testing what a viable, strategically resilient rare earths supply chain could look like beyond China’s dominance.

“We’ve been talking about these issues for many, many years,” CFO Ryan Corbett said during a fireside chat at the Benchmark Week conference in Marina del Rey, California.

“But the export controls in April put everything in stark relief.” The result, he told the audience, has been a level of public and government attention he has “never seen before.”

And the attention is coming at a pivotal moment for the US-based company.

This year marked five years since MP went public, an anniversary the team celebrated by ringing the bell at the New York Stock Exchange, as well as the culmination of several major announcements aimed at strengthening rare earths production, processing and magnet making outside of China.

The long road from mine to magnet

Corbett is the first to admit that the broader conversation around rare earths often oversimplifies the challenge. Headlines usually focus on mining or magnets, but the real bottlenecks, he stressed, live in the middle.

“You don’t magically take NdPr oxide and turn it into a magnet in a magnet factory,” he said. The process includes converting oxide to metal, metal to alloy flake, flake to powder, then pressing, sintering, slicing and grinding. Each step requires specific infrastructure, technical expertise and — perhaps most critically — experience.

Corbett sees this gap clearly in the wake of announcements from companies claiming to have plans for large-scale magnet facilities. “We see all these announcements — ‘We’re going to do a 10,000 ton magnet plant.’ They’ve never made metal before,” he said. “Good luck. It takes time. It takes investment. It takes R&D.”

When MP listed publicly five years ago, it was still producing only rare earths concentrate. The company told investors it would revisit magnet-making discussions around 2025.

Geopolitical urgency pushed MP to accelerate that timeline, leading to the company’s fully integrated US facility in Fort Worth, where metal, alloy and finished magnets are now all made domestically.

“It is critical that we master all of them at scale,” Corbett said. Without that know-how, any new facility will be vulnerable to single-point failures, the same dynamic that has left the industry heavily reliant on China.

Where the real rare earths bottleneck lies

When asked what truly slows down western rare earths supply chain development, Corbett didn’t point to mining. Instead, he pointed to refining, a stage China has dominated for decades.

“China doesn’t have 99 percent of the upstream reserves,” he noted. “They have the refining capacity and capability.”

That distinction is shaping MP’s next major step: a new world-scale refining facility in Saudi Arabia, built in partnership with Maaden and backed by the US Department of Defense (DoD).

The project is designed to process feedstocks from around the world, including materials that are too small, too short-lived or too geographically constrained to justify their own refineries.

Crucially, the new plant is being built with capital from the US government, not MP. “We didn’t want to be putting more capital at risk overseas while we’re fulfilling promises in the US,” Corbett said.

He added that the government wanted the facility built, and MP brought the technical and operational capability; the equity investment from the DoD bridged the gap.

The structure is unusual. According to Corbett, this is the first time since World War II that the DoD has taken an equity stake in a private enterprise. But he argued that the situation demands it.

“From a supply chain and national security perspective, we are that far behind.”

A price floor that reshapes incentives

The DoD’s involvement isn’t limited to the Saudi facility.

This past summer, the department also struck a landmark agreement with MP, establishing a price floor for NdPr oxide, the high-value rare earths ingredient inside permanent magnets.

The deal is “absolutely transformational,” Corbett said.

Rare earths prices have historically been highly vulnerable to sudden moves from China, a fact that has long posed an existential risk to western refiners. “What good is it to invest billions of dollars if the second you turn your refinery on, prices go from US$170 to US$45?” questioned Corbett.

The agreement is structured to avoid distorting the downstream market. MP still sells oxide at market prices; the government covers the difference only when prices fall below the negotiated threshold.

“It doesn’t impact the pricing of our magnets at all,” Corbett explained. “That was really important to us.”

If prices soar — something Corbett says he would welcome — MP would pay the government.

“I hope five years from now I’m being accosted by investors for taking this deal, because prices are so high we’re cutting checks back to the government,” he said.

Apple, recycling and the next phase

Also over the summer, MP announced another milestone — a major partnership with Apple (NASDAQ:AAPL) to source 100 percent recycled rare earth materials for the tech giant’s devices.

Recycling is often framed as a threat to miners. Corbett argues the opposite.

“It’s still a game of scale and expertise in refining,” he said. “It’s just a different feedstock.”

In many ways, recycled magnets are easier to process than raw ore. The challenge is achieving sufficient volume and consistency, something MP believes Mountain Pass is uniquely positioned to enable.

“Integration matters,” Corbett said. By blending recycled materials with the mine’s large, steady feedstock, MP can smooth out the variability inherent in end-of-life magnets.

A new playbook for national resources?

Taken together, MP’s 2025 announcements point toward a broader shift in how western governments approach critical minerals supply chains moving forward. Heavy government involvement through frameworks like equity stakes, price floors and international partnerships may represent a new template.

“This administration is approaching it with the mentality that it’s going to take real dollars to make this happen,” Corbett said. And if its investments pay off, he argued, they could help rebuild an industrial base the US hasn’t had in decades as MP positions itself to offer the full value chain, from mining and refining to producing finished magnets.

“Once the flywheel gets going,” Corbett said, “You’re onto something.”

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

This post appeared first on investingnews.com

Keep Reading
By
Investing

Bert Dohmen: Gold Price Going “Much Higher,” Silver to Play Catch Up

Bert Dohmen, founder and CEO of Dohmen Capital Research, discusses precious metals.

He believes gold’s fundamentals support ‘much higher prices’ for a number of years, and sees silver doing even better as the US faces down the specter of potential deflation.

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

This post appeared first on investingnews.com

Keep Reading
By
Investing

How Would a New BRICS Currency Affect the US Dollar?

The BRICS nations, originally composed of Brazil, Russia, India, China and South Africa, have had many discussions about establishing a new reserve currency backed by a basket of their respective currencies.

The creation of a potentially gold-backed currency, known as the ‘Unit,’ as a US dollar alternative is also under consideration by BRICS members. However, whether or not these countries can fully separate themselves from the ruling global currency is up for debate even amongst themselves.

At the 2024 BRICS Summit, the movement away from US dollar supremacy really came to a head when Russian President Vladimir Putin appeared on stage holding what appeared as a prototype of a possible BRICS banknote.

However, he soon backed away from his previous aggressive calls for de-dollarization, stating the goal of the BRICS member nations is not to move away from the US dollar-dominated SWIFT platform, but rather to deter the ‘weaponization’ of the US dollar by developing alternative systems for using local currencies in financial transactions between BRICS countries and with trading partners.

‘We are not refusing, not fighting the dollar, but if they don’t let us work with it, what can we do? We then have to look for other alternatives, which is happening,’ Putin told listeners.

A potential BRICS currency would allow these nations to assert their economic independence while competing with the existing international financial system. The current system is dominated by the US dollar, which accounts for about 89 percent of all currency trading. Traditionally, nearly 100 percent of oil trading was conducted in US dollars; however, in 2023, one-fifth of oil trades were reportedly made using non-US dollar currencies.

Central to this situation is the US trade war with China, as well as US sanctions on China and Russia. Should the BRICS establish a new reserve currency, it would likely significantly impact the US dollar, potentially leading to a decline in demand, or what’s known as de-dollarization. In turn, this would have implications for the US and global economies.

If BRICS watchers were hoping for more fireworks at the 2025 BRICS meeting held in Brazil this July, they were sorely disappointed. Putin and Chinese President Xi Jinping were not in attendance, and talk of a BRICS currency was much more muted. On top of this, according to Modern Diplomacy, that topic may be even less of a concern at next year’s BRICS meeting; it will be held in India, which has sought to distance itself from a move away from the US dollar.

It’s still too hard to predict if and when a BRICS currency will be released, but it’s a good time to look at the potential for a BRICS currency and its possible implications for investors.

In this article

    Why do the BRICS nations want to create a new currency?

    The BRICS nations have a slew of reasons for wanting to set up a new currency, including recent global financial challenges and aggressive US foreign policies. They want to better serve their own economic interests while reducing global dependence on the US dollar and the euro.

    In recent years, the US has placed numerous sanctions on Russia and Iran. The two countries are working together to bring about a BRICS currency that would negate the economic impacts of such restrictions, as per Iranian Ambassador to Russia Kazem Jalal, speaking at a press conference during the Russia-Islamic World: KazanForum in May 2024.

    Some experts believe that a BRICS currency is a flawed idea, as it would unite countries with very different economies. There are also concerns that non-Chinese members might increase their dependence on China’s yuan instead. That said, when Russia demanded in October 2023 that India pay for oil in yuan as Russia is struggling to use its excess supply of rupees, India refused to use anything other than the US dollar or rupees to pay.

    When will a BRICS currency be released?

    There’s no definitive launch date as of yet, but the countries’ leaders have discussed the possibility at length.

    During the 14th BRICS Summit, held in mid-2022, Russian President Vladimir Putin said the BRICS countries plan to issue a ‘new global reserve currency,’ and are ready to work openly with all fair trade partners.

    In April 2023, Brazilian President Luiz Inacio Lula da Silva showed support for a BRICS currency, commenting, “Why can’t an institution like the BRICS bank have a currency to finance trade relations between Brazil and China, between Brazil and all the other BRICS countries? Who decided that the dollar was the (trade) currency after the end of gold parity?”

    In the lead up to the 2023 BRICS Summit, there was speculation that an announcement of such a currency could be on the table. This proved to be wishful thinking, however. ‘The development of anything alternative is more a medium to long term ambition. There is no suggestion right now to creates a BRICS currency,’ Leslie Maasdorp, CFO of the New Development Bank, told Bloomberg at the time. The bank represents the BRICS bloc.

    Government officials in Brazil, which took the rotating presidency of the BRICS group for 2025, have said there are no plans to take any significant steps toward a BRICS currency.

    However, measures to reduce the reliance on the US dollar are very much on the table with cross-border payment systems, including exploring blockchain technology, a major theme at the 2025 BRICS summit, reported Reuters.

    As mentioned, in 2026, the BRICS Summit will be held in India, which earlier this year distanced itself from the idea of a move away from the US dollar. Speaking at an event in London in March 2025, India’s External Affairs Minister S. Jaishankar stated, ‘I don’t think there’s any policy on our part to replace the dollar. The dollar as the reserve currency is the source of global economic stability, and right now what we want in the world is more economic stability, not less. I don’t think there’s a unified BRICS position on this. I think BRICS members, and now that we have more members, have very diverse positions on this matter.’

    Which nations are members of BRICS?

    As of 2025, there are 10 BRICS member nations: Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates (UAE). This expanded group of 10 full member countries is sometimes referred to as BRICS+.

    The group was originally composed of the four nations of Brazil, Russia, India and China and called BRIC, which changed to BRICS when South Africa joined in 2010.

    At the 2023 BRICS Summit, six countries were invited to become BRICS members: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the UAE. All countries but Argentina and Saudi Arabia officially joined the alliance in January 2024, and in 2025, Indonesia became the 10th full member of BRICS.

    Additionally, at the 2024 BRICS Summit, 13 nations signed on as BRICS partner countries, although they are not yet full-fledged members: Algeria, Belarus, Bolivia, Cuba, Kazakhstan, Malaysia, Nigeria, Thailand, Turkey, Uganda, Vietnam and Uzbekistan.

    Saudi Arabia has seemingly been on the fence about joining the BRICS. The Crown Prince Mohammed bin Salman’s November 19, 2025, announcement of a US$1 trillion investment in the US economy during a visit to the White House may signal something about the Middle Eastern country’s allegiance.

    What would the advantages of a BRICS currency be?

    A new currency could have several benefits for the BRICS countries, including more efficient cross-border transactions and increased financial inclusion. By leveraging blockchain technology, digital currencies and smart contracts, the currency could revolutionize the global financial system. Thanks to seamless cross-border payments, it could also promote trade and economic integration among the BRICS nations and beyond.

    A new BRICS currency would also:

    • Strengthen economic integration within the BRICS countries
    • Reduce the influence of the US on the global stage
    • Weaken the standing of the US dollar as a global reserve currency
    • Encourage other countries to form alliances to develop regional currencies
    • Mitigate risks associated with global volatility due to unilateral measures and the diminution of dollar dependence

    What is Donald Trump’s stance on a BRICS currency?

    Trump has not been shy about upping the ante on American protectionism with tariffs. During the first US presidential debate between him and Vice President Kamala Harris on September 10, 2024, Trump doubled down on his pledge to punish BRICS nations with strict tariffs if they seek to move away from the US dollar as the global currency.

    He originally took a particularly strong stance against China, threatening to implement 60 percent to 100 percent tariffs on Chinese imports, although these hefty tariffs would be paid by American companies and consumers purchasing Chinese products, not by China itself.

    In early December 2024, Trump posted an even more direct threat to BRICS nations on Truth Social:

    “We require a commitment from these countries that they will neither create a new Brics currency nor back any other currency to replace the mighty US dollar or they will face 100% tariffs and should expect to say goodbye to selling into the wonderful US economy.’

    In response to Trump demanding a ‘commitment’ from BRICS nations not to challenge the supremacy of the US dollar, Kremlin spokesperson Dmitry Peskov sounded less than threatened.

    ‘More and more countries are switching to the use of national currencies in their trade and foreign economic activities,’ Peskov said, per Reuters. ‘If the U.S. uses force, as they say economic force, to compel countries to use the dollar it will further strengthen the trend of switching to national currencies (in international trade).’

    In July 2025, President Trump took it a step further by threatening to slap an extra 10 percent in tariffs on countries who side with BRICS policies, although this has not been implemented as of November 2025. ‘Any country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% tariff. There will be no exceptions to this policy,’ he wrote in a social media post.

    This additional BRICS targeted tariff has not yet been implemented as of November 2025.

    How will Trump’s tariffs affect BRICS nations?

    If US President Donald Trump were to come through on his promise to enact 100 percent tariffs on BRICS nations the outcome could prove costly for all parties involved.

    “The action would result in slower growth and higher inflation than otherwise in the US and most of the targeted economies,” according to analysis by the Peterson Institute for International Economics.

    China would likely experience the worst slowing of its GDP growth as the US is its largest trading partner. One silver lining for China is that its disciplined central bank will help to save it from accelerated inflation.

    While neither the 100 percent or 10 percent tariffs specifically targeting BRICS countries for their membership have been implemented, the countries still face many other tariffs from the US.

    Trump’s blanket 50 percent tariffs on steel and aluminum imports, set on June 3, 2025, impact Brazil, China and the UAE. Brazil is a top three source for US steel imports, while China and the UAE are significant sources of US aluminum imports.

    In late July, Brazil was also saddled with a 50 percent tariff on a broader range of goods, which US President Donald Trump inflicted on the nation in response to the trial of former President Jair Bolsonaro for his alleged coup attempt.

    Trump’s tariffs could have a significant impact on Brazil’s economy, which is the largest in Latin America. However, most of the key trading sectors between the two nations are exempt from the tariff, including “civil aircraft, pig iron, precious metals, wood pulp, energy and fertilizers,” states Reuters.

    India is another BRICS nation facing 50 percent tariffs. The sectors targeted span from textiles, garments and footwear to food, leather goods, gems and automobiles. Key industries such as pharmaceuticals and computer chips.

    One of the major sticking points for the Trump administration is India continuing to purchase Russian oil. India and China are the two largest buyers of Russian oil, but the US has yet to punish China for purchasing oil from Russia.

    Although China is the US’s biggest economic rival on the global stage, Trump hit the pause button on the escalating tariff war between the two nations until November 10, 2026.

    In the meantime, the US’s 30 percent tariff on Chinese goods remains in place. Negotiations are underway, including on a proposed 245 percent tariff on Chinese electric vehicle imports.

    In July, the Trump Administration imposed 30 percent tariffs on South Africa, the US’s second biggest trading partner. The African nation’s agriculture, mining and manufacturing sector are at significant risk from the tariffs, but there are exceptions in place for “copper, pharmaceuticals, semiconductors, some critical minerals, stainless steel scrap and energy products,” reports the BBC.

    How are BRICS nations responding to US tariffs?

    Brazilian President Luiz Inacio Lula da Silva convened an online BRICS summit on September 8, 2025, to address the threat of US trade policies and tariffs to member nations.

    “Tariff blackmail is being normalized as an instrument to seize markets and interfere in domestic affairs,” stated Lula, according to a prepared statement from the Brazilian government.

    “Our countries have become victims of unjustified and illegal trade practices.”

    Both Lula and Jinping called upon their BRICS peers to stand together and push back against unfair trade practices, and strengthen trade and cooperation between member nations.

    However, the South China Morning Post reports that summit attendees fell short of directly criticizing US President Donald Trump in a bid not to further stoke his ire. That may also be why most BRICS members are trying to negotiate with the US rather than fight back with retaliatory tariffs.

    Critics have suggested Trump’s tariffs are having the undesirable effect of driving major trading partners like Brazil, India and South Africa further into the arms of US rivals China and Russia.

    While currently only 9 percent of China’s exports are to other BRICS members, according to Reuters, trade between China and Russia reached a record US$244.8 billion in 2024.

    In addition, China is Brazil’s largest trading partner, importing 70 percent of its soybeans from the Latin American country. In fact, 28 percent of Brazil’s total exports go to China and 24 percent of its imports are from China.

    BRICS trade relations may strengthen as the bloc seeks to mitigate the economic impact of US tariffs.

    How would a new BRICS currency affect the US dollar?

    RomanR / Shutterstock

    For decades, the US dollar has enjoyed unparalleled dominance as the world’s leading reserve currency. According to the US Federal Reserve, between 1999 and 2019, the dollar was used in 96 percent of international trade invoicing in the Americas, 74 percent in the Asia-Pacific region and 79 percent in the rest of the world.

    According to the Atlantic Council, as of November 2025 the US dollar is used in approximately 89 percent of currency exchanges, and 56 percent of all foreign currency reserves held by central banks. Due to its status as the most widely used currency for conversion and its use as a benchmark in the forex market, almost all central banks worldwide hold dollars.

    Additionally, the dollar is used for the vast majority of oil trades.

    Although the dollar’s reserve currency share has decreased as the euro and yen have gained popularity, the dollar is still the most widely used reserve currency, followed by the euro, the yen, the pound and the yuan.

    The potential impact of a new BRICS currency on the US dollar remains uncertain, with experts debating its potential to challenge the dollar’s dominance. However, if a new BRICS currency was to stabilize against the dollar, it could weaken the power of US sanctions, leading to a further decline in the dollar’s value. It could also cause an economic crisis affecting American households. Aside from that, this new currency could accelerate the trend toward de-dollarization.

    Nations worldwide are seeking alternatives to the US dollar, with examples being China and Russia trading in their own currencies, and countries like India, Kenya and Malaysia advocating for de-dollarization or signing agreements with other nations to trade in local currencies or alternative benchmarks.

    While it is unclear whether a new BRICS currency would inspire the creation of other US dollar alternatives, the possibility of challenging the dollar’s dominance as a reserve currency remains.

    And, as countries continue to diversify their reserve holdings, the US dollar could face increasing competition from emerging currencies, potentially altering the balance of power in global markets.

    However, a study by the Atlantic Council’s GeoEconomics Center released in June 2024 shows that the US dollar is far from being dethroned as the world’s primary reserve currency. ‘The group’s ‘Dollar Dominance Monitor’ said the dollar continued to dominate foreign reserve holdings, trade invoicing, and currency transactions globally and its role as the primary global reserve currency was secure in the near and medium term,’ Reuters reported.

    Warwick J. McKibbin and Marcus Noland of the Peterson Institute for International Economics agree with this sentiment, writing in their analysis of the impacts of US tariffs on BRICS nations that ‘the BRICS pose no serious threat to the dollar’s dominance.’

    Ultimately, the impact of a new BRICS currency on the US dollar will depend on its adoption, its perceived stability and the extent to which it can offer a viable alternative to the dollar’s longstanding hegemony.

    Will the BRICS have a digital currency?

    BRICS nations do not as of yet have their own specific digital currency, but a BRICS blockchain-based payment system is in the works, according to Kremlin aide Yury Ushakov in March 2024.

    Known as the BRICS Bridge multi-sided payment platform, it would connect member states’ financial systems using payment gateways for settlements in central bank digital currencies. The planned system would serve as an alternative to the current international cross-border payment platform, the SWIFT system, which is dominated by US dollars.

    “We believe that creating an independent BRICS payment system is an important goal for the future, which would be based on state-of-the-art tools such as digital technologies and blockchain,’ Ushakov said in an interview with Russian news agency TASS, emphasizing that it should be convenient, as well as cost effective and free of politics.

    While development is underway, it has been a slow go and implementation isn’t likely before the end of the decade.

    Another dollar-alternative digital currency cross-border payment system in the works is Project mBridge, which is under development via a collaboration between the Hong Kong Monetary Authority, the Bank of Thailand, the Digital Currency Institute of the People’s Bank of China and the Central Bank of the UAE. Saudi Arabia joined the project in 2024.

    The central bank digital currencies traded on the platform would be backed by gold and local currencies minted in member nations.

    In June 2024, Forbes reported that the mBridge platform had reached a significant milestone by completing its minimal viable product stage (MVP).

    ‘The MVP platform can undertake real-value transactions (subject to jurisdictional preparedness) and is compatible with the Ethereum Virtual Machine (EVM), a decentralized virtual environment that executes code consistently and securely across all Ethereum nodes,’ the publication stated. ‘MVP thus is suitable as a testbed for new use cases and interoperability with other platforms.’

    How does the BRICS Unit relate to Project mBridge?

    Watch the full interview with Andy Schectman.

    ‘(New Development Bank President Dilma Rousseff) came out and publicly said that there has been an agreement in principle to use a new settlement currency called the Unit, which will be backed 40 percent by gold and 60 percent by the local currencies in the BRICS union — the BRICS+ countries. That gold will be in the form of kilo bars and will be deliverable or redeemable for those entities,’ Schectman said.

    ‘The basket of gold and the basket of currencies will be minted in the member countries … it will be put into an escrow account, taken off the ledger so to speak — off of their balance sheet and put onto the mBridge ledger, and held in an escrow account in their own borders. It doesn’t need to be sent to a central authority.’

    How would a BRICS currency impact the economy?

    A potential shift toward a new BRICS currency could have significant implications for the North American economy and investors operating within it. Some of the most affected sectors and industries would include:

    • Oil and gas
    • Banking and finance
    • Commodities
    • International trade
    • Technology
    • Tourism and travel
    • The foreign exchange market

    A new BRICS currency would also introduce new trading pairs, alter currency correlations and increase market volatility, requiring investors to adapt their strategies accordingly.

    How can investors prepare for a new BRICS currency?

    Adjusting a portfolio in response to emerging BRICS currency trends may be a challenge for investors. While it does not currently seem like a BRICS currency is on the immediate horizon, Trump’s aggressive trade tactics have pushed allies away from the US, making diversification important.

    Several strategies can be adopted to capitalize on these trends and diversify your portfolio:

    • Gain exposure to BRICS equity markets through stocks and ETFs that track BRICS market indexes.
    • Consider alternative investments such as real estate or private equity in the BRICS countries.

    Prudent investors will also weigh these strategies against their exposure to market, political and currency fluctuations.

    In terms of investment vehicles, investors could consider ETFs such as the iShares MSCI BIC ETF (ARCA:BKF) or the Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW). They could also invest in mutual funds such as the T. Rowe Price Emerging Markets Equity Fund, or in individual companies within the BRICS countries.

    Simply put, preparing for a new BRICS currency or potential de-dollarization requires careful research and due diligence by investors. Diversifying currency exposure, and investing in commodities, equity markets or alternative investments are possible options to consider while being mindful of the associated risks.

    Investor takeaway

    While it is not certain whether the creation of a BRICS reserve currency will come to pass, its emergence would pose significant implications for the global economy and potentially challenge the US dollar’s dominance as the primary reserve currency. This development would present unique investment opportunities, while introducing risks to existing investments as the shifting landscape alters monetary policy and exacerbates geopolitical tensions.

    For those reasons, investors should closely monitor the progress of a possible BRICS currency. And, if the bloc does eventually create one, it will be important watch the currency’s impact on BRICS member economies and the broader global market. Staying vigilant will help investors to capitalize on growth prospects and hedge against potential risks.

    FAQs for a new BRICS currency

    Is a BRICS currency possible?

    Some financial analysts point to the creation of the euro in 1999 as proof that a BRICS currency may be possible. However, this would require years of preparation, the establishment of a new central bank and an agreement between the five nations to phase out their own sovereign currencies; it would most likely also need the support of the International Monetary Fund to be successful internationally.

    The impact of its war on Ukraine will continue to weaken Russia’s economy and the value of the ruble, and China is intent on raising the power of the yuan internationally. There is also a wide chasm of economic disparity between China and other BRICS nations. These are no small obstacles to overcome.

    Would a new BRICS currency be backed by gold?

    Additionally, speaking at the New Orleans Investment Conference 2023, well-known author Jim Rickards gave a detailed talk on how a gold-backed BRICS currency could work. He suggested that if a BRICS currency unit is worth 1 ounce of gold and the gold price goes to US$3,000 per ounce, the BRICS currency unit would be worth US$3,000, while the dollar would lose value compared to the BRICS currency as measured by the weight of gold.

    Importantly though, he doesn’t see this as a new gold standard, or the end of the US dollar or the euro.

    “(With) a real gold standard, you can take the currency and go to any one of the central banks and get some gold,” Rickards said at the event. “With BRICS they don’t have to own any gold, they don’t have to buy any gold, they don’t have to prop up the price. They can just rise on the dollar gold market.’

    How much gold do the BRICS nations have?

    The combined central bank gold holdings of the original BRICS nations plus Egypt (the only nation of the five new additions to have central bank gold reserves) accounts for more than 20 percent of all the gold held in the world’s central banks. Russia, India and China rank in the top 10 for central bank gold holdings.

    Russia controls 2,329.63 metric tons (MT) of the yellow metal, making it the fifth largest for central bank gold reserves. China follows in the sixth spot with 2,303.51 MT of gold and India places eighth with 880.18 MT. Brazil and South Africa’s central bank gold holdings are much smaller, coming in at 145.14 MT and 125.47 MT, respectively. New BRICS member Egypt’s gold holdings are equally small, at 128.82 MT.

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

    This post appeared first on investingnews.com

    Keep Reading
    By
    Politics

    Trump’s main DOGE office shutters — but its war on government waste isn’t over

    The Department of Government Efficiency’s centralized office has shuttered, but federal agencies’ individual DOGE teams that work to weed out potential mismanagement and corruption are still in full operation, Fox News Digital learned.

    ‘President Trump was given a clear mandate to reduce waste, fraud, and abuse across the federal government, and he continues to actively deliver on that commitment,’ White House spokeswoman Liz Huston told Fox News Digital Monday when asked about DOGE’s current status. 

    Reuters first reported that DOGE no longer existed after speaking with Office of Personnel Management Director Scott Kupor earlier in November.  

    ‘That doesn’t exist,’ Kupor was quoted as telling the outlet. 

    The administration official clarified on X that DOGE’s policies are ‘alive and well,’ adding that the outlet ‘spliced my full comments across paragraphs 2/3 to create a grabbing headline.’

    ‘The truth is: DOGE may not have centralized leadership under @USDS. But, the principles of DOGE remain alive and well: de-regulation; eliminating fraud, waste and abuse; re-shaping the federal workforce; making efficiency a first class citizen; etc. DOGE catalyzed these changes; the agencies along with  @USOPM and @WHOMB will institutionalize them!’ he posted. 

    The White House explained to Fox News Digital that individual teams established at federal agencies are still in full operation, while DOGE’s central office has shuttered.

    Fox News Digital did not immediately receive comment on when the office officially shuttered and what sparked the closure months ahead of schedule. 

    Inception and investigations 

    Trump established DOGE under a January executive order that renamed the United States Digital Service — which was founded in 2014 by former President Barack Obama as a technology office within the Executive Office of the President — to the United States DOGE Service. 

    Trump’s executive order stated DOGE would continue until July 4, 2026. The executive order included charging agency chiefs with creating their own DOGE teams to find and eliminate overspending or fraud — teams that are still in operation. 

    Tech billionaire Elon Musk was the public face of DOGE for months of the administration, serving in the role until May, when fireworks flew between the Trump ally and President Donald Trump over the ‘big beautiful bill.’ 

    Musk lambasted the legislation as ‘outrageous, pork-filled Congressional spending bill is a disgusting abomination,’ while Trump accused the billionaire of lashing out over the bill’s cuts to electrical vehicle mandates. Musk is the CEO of electric vehicle company Tesla. 

    Trump signed the massive piece of legislation into law on the Fourth of July while championing it would advance his agenda on taxes, immigration, energy, defense and the national debt.

    Musk was brought into the DOGE role as a special government employee, meaning he could only serve in the job for 130 days. While Musk has been the public face of DOGE for months, he was not an employee of the United States DOGE Service and did not report to the acting DOGE administrator, Amy Gleason, according to a court filing previously reported by Fox Digital in March. 

    Democrats and federal employees have railed against DOGE since its inception, and subsequent investigations and mass terminations at various agencies got underway, including staging protests outside federal buildings in Washington, D.C., and specifically protesting Musk for his involvement with DOGE. 

    DOGE’s website touts, as of Monday morning, that it has saved $214 billion via ‘asset sales, contract/lease cancellations and renegotiations, fraud and improper payment deletion, grant cancellations, interest savings, programmatic changes, regulatory savings, and workforce reductions.’ 

    The amount translates to $1,329.19 in savings per taxpayer, according to the website.  

    The creation of DOGE was celebrated on the campaign trail as a cornerstone policy for Trump as he looked to slim down the size of the federal government, streamline it and cut potential overspending, fraud and corruption. 

    Musk played a key role in campaigning for the Trump ticket in battleground states such as Pennsylvania, where he frequently lamented how the federal government was tied up in red tape that handcuffed the private sector from advancing, pointing to his companies SpaceX and Tesla as prime examples of the government hamstringing the tech sector with regulations. 

    ‘SpaceX had to do this study to see if Starship would hit a shark,’ Musk said from the campaign trail of how the government became involved in a SpaceX, studying whether a Starship rocket would hit a whale or shark upon landing. ‘And I’m like… it’s a big ocean. There are a lot of sharks. It’s not impossible, but it’s very unlikely. So we said, ‘Fine, we’ll do the analysis. Can you give us the shark data?” 

    He said at the time that the National Marine Fisheries Service ordered SpaceX to carry out the study. 

    Trump announced just days after his decisive election win in November 2024 that Musk would lead DOGE alongside former GOP presidential candidate Vivek Ramaswamy — who departed the team at the start of the Trump administration and launched a run for Ohio governor in the 2026 race. 

    The president celebrated the office would likely serve as the ‘‘The Manhattan Project’ of our time,’ as it eyed driving ‘large scale structural reform, and create an entrepreneurial approach to Government never seen before.’

    Trump repeatedly celebrated the office during high-profile events after his inauguration, including during his joint address to Congress in March where he rattled off how DOGE investigations uncovered government funding for bizarre initiatives, such as free housing and cars for illegal immigrants that cost $22 billion, ‘male circumcision in Mozambique,’ and ‘$20 million for the Arab ‘Sesame Street’ in the Middle East.’ 

    ‘Forty-five million dollars for diversity, equity and inclusion scholarships in Burma,’ Trump said as he provided examples of federal waste March 4 after thanking Musk and DOGE for its work. ‘Forty million to improve the social and economic inclusion of sedentary migrants. Nobody knows what that is. Eight million to promote LGBTQI+ in the African nation of Lesotho, which nobody has ever heard of. Sixty million dollars for indigenous peoples and Afro-Colombian empowerment in Central America. Sixty million. Eight million for making mice transgender.’

    This post appeared first on FOX NEWS

    Keep Reading
    By
    Politics

    UK prime minister suggests former Prince Andrew should testify in Epstein investigation

    U.K. Prime Minister Kier Starmer suggested Monday that the former Prince Andrew should testify in the U.S. investigation into Jeffrey Epstein.

    Starmer made the comment to reporters while traveling to a G-20 summit in Johannesburg on Monday, though he declined to comment on the former prince’s case directly.

    ‘I don’t comment on his particular case,’’ Starmer said. ‘But as a general principle I’ve held for a very long time is that anybody who has got relevant information in relation to these kind of cases should give that evidence to those that need it.’’

    Starmer’s comments come after the U.S. House Oversight Committee requested that he ex-royal, who is now known as Andrew Mountbatten-Windsor, submit to a transcribed interview regarding his long relationship with Epstein. He has so far ignored the request.

    Rep. Robert Garcia of California, the committee’s ranking Democrat, and Rep. Suhas Subramanyam, a Democrat from Virginia, accused the disgraced royal of trying to ‘hide’ from the investigation.

    ‘Our work will move forward with or without him, and we will hold anyone who was involved in these crimes accountable, no matter their wealth, status or political party,’ they said in a statement released on Friday. ‘We will get justice for the survivors.’

    King Charles III formally removed the ‘Style, Titles and Honours of Prince Andrew’ in late October.

    ‘His lease on Royal Lodge has, to date, provided him with legal protection to continue in residence,’ Buckingham Palace announced in a statement. ‘Formal notice has now been served to surrender the lease, and he will move to alternative private accommodation.’

    The palace said the censures ‘are deemed necessary, notwithstanding the fact that he continues to deny the allegations against him.’

    Andrew announced Oct. 17 that he was relinquishing his Duke of York title after the publication of an unauthorized biography by British author Andrew Lownie, ‘Entitled: The Rise and Fall of the House of York,’ in August.

    Fox News’ Alexandra Koch contributed to this report.

    This post appeared first on FOX NEWS

    Keep Reading
    By
    Politics

    Trump signals plan to designate Muslim Brotherhood a terrorist organization

    President Donald Trump has signaled that he is planning to designate the Muslim Brotherhood a terrorist organization after several groups have stepped up warnings in recent months that the Islamist group is gaining a foothold in the U.S.

    ‘It will be done in the strongest and most powerful terms,’ Trump told Just the News over the weekend. ‘Final documents are being drawn.’

    Trump’s comment comes shortly after Texas declared the Muslim Brotherhood a terrorist organization and just days after the Institute for the Study of Global Antisemitism and Policy (ISGAP), a prominent global research center, released a comprehensive 200-page study warning of the Muslim Brotherhood’s growing influence in the U.S.

    The Muslim Brotherhood, an Islamist organization founded in Egypt, has gained access to government agencies, been involved in advising American civil rights policy, infiltrated educational institutions, and created a vast social media footprint, the report states, while outlining the belief that the group has allegedly targeted U.S. government agencies for infiltration, including the State Department, Department of Homeland Security, and Department of Justice, through career appointments and advisory roles.

    ‘We welcome President Trump’s statements and the growing recognition that the Muslim Brotherhood, its ideology and network pose a serious challenge to the United States and democratic societies,’ Charles Asher Small, executive director of ISGAP, said in a press release after Trump’s interview with Just the News.

    ‘A formal U.S. designation would represent an important first step to confront the Muslim Brotherhood in the United States. This will require sustained, evidence-based policy, serious scrutiny of its affiliated structures and funding streams, and long-term investment in democratic resilience.’

    The ISGAP report dives deep into alleged terrorist ties within the group along with various funding sources from places like Qatar, while making the case that both al-Qaeda and the Muslim Brotherhood ‘share the strategic aim’ of establishing an Islamic state government by sharia law and differing only in tactics where the Brotherhood’s ‘gradualism allows it to maintain ideological continuity with militant jihad while avoiding direct confrontation.’

    Fox News Digital reached out to the White House for comment but did not hear back by press time.

    ‘The Brotherhood is the progenitor of all modern Jihadist terror groups, from al-Qaeda to HAMAS,’ Deputy Assistant to the President and Senior Director for Counterterrorism Sebastian Gorka posted on X over the weekend. ‘The time has come.’

    This post appeared first on FOX NEWS

    Keep Reading
    By
    Politics

    GOP senator calls Mamdani’s Netanyahu arrest vow a ‘grave threat’ as he introduces defund bill

    A Senate Republican wants to take a legislative shot at New York Mayor-elect Zohran Mamdani and his desire to arrest Israeli Prime Minister Benjamin Netanyahu.

    Sen. Ted Budd, R-N.C., is introducing legislation that would halt some funding to cities that follow through on any International Criminal Court (ICC) warrant to arrest or detain officials from North Atlantic Treaty Organization (NATO) countries.

    The measure, called the ‘American Allies Protection Act,’ is in direct response to Mamdani doubling down on his vow to arrest Netanyahu. Last year, the ICC issued a warrant for the Israeli prime minister’s arrest that has been heavily scrutinized by lawmakers in the U.S. and abroad.

    Mamdani reiterated his desire to arrest Netanyahu last week before meeting with President Donald Trump. He told local news station ABC7 that New York City was a ‘city of international law’ that would uphold the court’s arrest warrants, which accused the Israeli prime minister of intentionally attacking civilians and using starvation as a method of warfare.

    ‘I’ve said time and again that I believe this is a city of international law, and being a city of international law means looking to uphold international law,’ he said. ‘And that means upholding the warrants from the International Criminal Court, whether they’re for Benjamin Netanyahu or Vladimir Putin.’

    Budd charged in a statement to Fox News Digital that the U.S. is ‘not bound by the morally bankrupt’ court, and accused Mamdani’s position and comments of not being based in law but rather a means to ‘virtue-signal to his radical, anti-Israel base.’

    ‘Mayor-elect Mamdani’s pledge to facilitate the arrest of Benjamin Netanyahu is not just ridiculous; it represents a grave threat that could seriously damage America’s relationship with our closest allies and partners,’ Budd said.

    His legislation would halt Department of Justice (DOJ) grants from flowing to any city that cooperates with the court and arrests a NATO or U.S. major non-NATO ally. 

    There is an override mechanism built in that would allow the president to end the penalty only if cooperation with the court is deemed necessary for national security.

    Meanwhile, the issue of Netanyahu apparently did not come up during Trump and Mamdani’s confab. When asked if there was discussion of stopping Mamdani from arresting Netanyahu, Trump said the pair, ‘Didn’t discuss’ the matter.

    This post appeared first on FOX NEWS

    Keep Reading
    By
    Politics

    Firm that propelled Mamdani to victory in NY looks to unseat House GOP members in PA

    The campaign firm that helped Mayor-elect Zohran Mamdani spread his message in New York City is now turning its focus to vulnerable Republicans across the country.

    Among other races, the firm has set its sights on defeating two vulnerable House Republicans in Pennsylvania: Reps. Rob Bresnahan and Ryan Mackenzie.

    Fight Agency — a six-man crew with experience in over 300 winning elections — focuses on many of the issues Mamdani made a fixture of his campaign, like affordability and housing.

    ‘If you’re doing everything right but finding it harder and harder to get by, you’re not alone. We know a simple truth about American life: the economy is not delivering enough for enough people. If the next forty years are like the last forty years, the American middle class will disappear,’ the firm states on its website.

    The balance of power in the House of Representatives is in a precarious position ahead of the 2026 midterms. With Republicans holding just a three-seat majority, even one or two key losses for Republicans could cut the legs out from under the GOP’s control over the chamber. Pennsylvania — home to both Bresnahan and Mackenzie — also makes up a key battleground state with several competitive districts. According to the Cook Political Report, the state has five competitive Republican-held districts all projected to be a five-point contest or less.

    In that struggle, the Fight Agency’s leaders have come to the support of Paige Cognetti, a former mayor of Scranton, Pa., who is running to unseat Bresnahan. Bresnahan, a freshman lawmaker, won election to Congress in 2024 by just 1.6 percentage points.

    ‘We can stand tall against a Washington that takes advantage of working people and makes it work for us,’ Cognetti said in her launch video.

    Rebecca Katz, the Fight Agency’s strategist for the election of Sen. Ruben Gallego, D-Ariz., reposted Cognetti’s campaign ad in a post to X.

    ‘If you can, pls chip in a few bucks and let’s get someone who cares about people in Congress,’ Rebecca Katz wrote. 

    Cognetti, the former mayor, has also highlighted the firm’s other work, saying she was ‘proud to know these folks’ in a repost showcasing the agency’s past campaigns.

    Like in Cognetti’s campaign, the Fight Agency team is also supporting Bob Brooks and his race against Republican incumbent Ryan Mackenzie in Pennsylvania. Mackenzie won election by a single percentage point in the last cycle.

    ‘The biggest problem we face is a Washington that burns working people,’ Brooks said in his campaign launch video. ‘I’m running for Congress in one of the closest districts to take on the billionaires and big corporations holding us back.’ 

    Morris Katz, the firm’s lead on the Mamdani campaign, reposted Cognetti’s launch video alongside Fight Agency’s main account. Brooks has returned the favor, reposting Fight Agency’s productions in a Maine Senate race. 

    With Mamdani, the firm helped produce lighthearted content with a brighter, more comedic edge. In one video, the firm mimicked the style of ‘The Bachelor,’ the TV romance show known for its match-making drama.

    ‘New York, will you accept this rose?’ Mamdani asked in the video.

    In the past, the firm has supported Democrat candidates away from the mainstream of the party, gravitating towards either more progressive candidates or candidates with an unconventional streak.

    Besides Mamdani, some of Fight Agency’s previous partners include Sen. Bernie Sanders,’ I-Vt., bid for president and Sen. John Fetterman’s 2021 campaign. 

    Today, some of their more high-profile current candidates include Maine Democratic Senate candidate Graham Platner and Nebraska Senate hopeful Dan Osborn, both featured prominently on the firm’s website.

    Fight Agency did not respond to a request for comment.

    This post appeared first on FOX NEWS

    Keep Reading
    By
    Politics

    Federal judge dismisses James Comey, Letitia James indictments

    A federal judge threw out the indictments against James Comey and Letitia James on Monday, finding they were illegitimate because they were brought by an unqualified U.S. attorney.

    Judge Cameron Currie dismissed the false statements charges against Comey and bank fraud charges against James without prejudice, meaning the charges could be brought again.

    ‘I conclude that the Attorney General’s attempt to install Ms. Halligan as Interim U.S. Attorney for the Eastern District of Virginia was invalid and that Ms. Halligan has been unlawfully serving in that role since September 22, 2025,’ Currie wrote.

    The Department of Justice could appeal the decision or attempt to bring the charges under a different U.S. attorney. Fox News Digital has reached out to the DOJ for comment.

    The move to scrap two of the highest-profile criminal cases the DOJ has leveled against President Donald Trump’s political foes comes after the judge voiced skepticism at a recent hearing in Virginia about Lindsey Halligan’s ability to bring the charges as interim U.S. attorney.

    Currie, a Clinton appointee based in South Carolina, was brought in from out of state to preside over proceedings about the question of Halligan’s authority because it presented a conflict for the Virginia judges. Comey’s and James’ challenges to Halligan’s appointment were consolidated because of their similarity.

    Halligan acted alone in presenting charges to a grand jury days after Trump ousted the prior interim U.S. attorney, Erik Siebert, and replaced him with Halligan. At the same time, Trump urged Attorney General Pam Bondi in a social media post to act quickly to indict Comey, a call that came as the statutes of limitations in his case was about to lapse. Halligan, who had no prior prosecutorial experience when she took over one of the most high-profile federal court districts in the country, was the lone lawyer to present the cases to the grand jury and sign the indictments. No prosecutors from Virginia joined in on the case.

    The DOJ has since put its full backing behind Halligan. Bondi attempted to ratify and then re-ratify the indictments after the fact, a move Currie suggested would not have been necessary if Halligan were a valid appointee.

    DOJ attorney Henry Whitaker had argued during the hearing that the motions to dismiss Comey’s and James’ cases involved ‘at best a paperwork error.’

    James’ attorney Abbe Lowell said Halligan was a ‘private person’ when she entered the grand jury rooms and completely unauthorized to be in them. Currie agreed, saying in her decision that retroactively validating Halligan and her actions would be unheard of.

    ‘The implications of a contrary conclusion are extraordinary,’ Currie wrote. ‘It would mean the Government could send any private citizen off the street — attorney or not — into the grand jury room to secure an indictment so long as the Attorney General gives her approval after the fact. That cannot be the law.’

    This post appeared first on FOX NEWS

    Keep Reading
    By
    Politics

    How one Alabama senator’s quiet diplomacy helped end longest shutdown in US history

    One Senate Republican proved that it’s still possible to bridge the chasm between the aisles after brokering an end to the longest government shutdown in history.

    The 43-day impasse in Congress may have ended in the House, but it was in the Senate that Sen. Katie Britt, R-Ala., worked to build an old-fashioned bipartisan coalition to jump-start the stalled chamber.

    It took several weeks, numerous conversations and reconstructing broken trust between Senate Republicans and Democrats to pull off what would become a bipartisan package to reopen the government.

    And it was something that Britt, in an interview with Fox News Digital, contended she was uniquely positioned to do.

    She was chief of staff for former Sen. Richard Shelby, R-Ala., and knew how the sausage was made in the upper chamber. She also had longstanding relationships with some of the key Democratic negotiators, like Sen. Jeanne Shaheen, D-N.H., who ultimately joined most Republicans to reopen the government.

    For Britt, who chairs the Homeland Security Appropriations Committee, the key to reopening the government was funding the government through spending bills.

    ‘I’m very grateful for those on the other side of the aisle that had the courage to step forward and say, you know, we’re not going to allow everyday Americans to suffer as a result of keeping this government closed,’ she said. ‘I do think what we saw was a lot of people that were listening to their political consultants instead of the actual constituency that they serve.’

    ‘Because clearly, I think a lot of people had lost sight of the fact that we were in this place because we hadn’t passed appropriations bills,’ Britt continued.

    During the last session of Congress, the chambers were split. Republicans held a tenuous grip on the House while Schumer and Senate Democrats controlled the Senate. Many of the spending bills produced by the House were often partisan, while the bipartisan bills crafted in the Senate never made it to the floor.

    ‘If you look back over Senator Schumer’s tenure as leader and over the last two years, he didn’t even put one bill on the floor last year, which is what led us to this posture of a CR to start with,’ she said.

    Britt believed that at least moving a trio of spending bills could perhaps unstick the gears in the Senate and get lawmakers closer to ending the shutdown. Whether that package of bills could end up attached to legislation to reopen the government, however, remained elusive.

    While she lauded both Senate Appropriations Chair Susan Collins, R-Maine, and Senate Majority Leader John Thune, R-S.D., for their roles in ensuring the funding process actually worked, her role as de facto arbiter began roughly three weeks before the shutdown ended.

    One of the main issues before and throughout the shutdown was a lack of trust that Senate Democrats had in Republicans, an issue that was reaffirmed when the GOP voted to claw back billions in congressionally approved funding earlier in the year.

    That trust issue was further solidified due to a lack of commitments from Republicans to prevent the Trump administration from continuing to carve away at federal funding with impoundments and rescissions.

    And the key moment that saw the wheels begin to move in the direction of reopening came when Senate Democrats blocked the Defense appropriations bill, which would have paid service members among a plethora of other things.

    ‘The question that I had for each of them, you know, why? This came out of committee in a bipartisan way, and it was clear, they wanted greater conversation around how we were planning on moving these things forward,’ she said.

    It was from those informal talks that she leaned into speaking with more Democratic lawmakers to try and assuage their concerns about what would happen during and after the spending bills were passed. Those conversations brought her all the way to Senate Minority Leader Chuck Schumer, D-N.Y., on whether he would approve of the appropriations process moving forward.

    ‘Taking a cue from that is why I really leaned into conversations, both with people that I believed were gettable in finding a pathway forward on reopening the government and those who were not,’ she said. ‘You know, just saying, like, ‘Look, guys, here’s what we’re going to do. We’re going to work to fund these three bills. And if we do that, you know, here will be the ultimate result of it.’’

    But, as with any successful legislation, there’s always a numbers game.

    Not every Senate Republican was in favor of reopening the government, or at least the vehicle to do so, a point Britt reiterated often. Sen. Rand Paul, R-Ky., had consistently voted against the House-passed bill until that point.

    So that meant she needed to find the numbers elsewhere across the aisle. Shaheen, who was leading negotiations for Senate Democrats, largely had her numbers in check, but there was one more that needed an extra nudge: Sen. Tim Kaine, D-Va.

    Over the course of 48 hours, the weekend of the penultimate vote to seal the deal in the Senate, Kaine went from being against the package to supporting it. Britt acted as a liaison to the White House, bringing Kaine’s demands that the administration roll back firings carried out during the shutdown and provide protections to federal workers, which the administration ultimately agreed to.

    But ending the shutdown was the first hurdle. Lawmakers now have until Jan. 30, 2026, to fund the government. Britt said she would keep doing what she’s been doing: talking to the other side.

    ‘I am hopeful that people will remember what we’re supposed to be doing, and that is working to pass these bills,’ she said. ‘And I am sure that there will be challenges in front of us, but you know, having dialogue and working to break the logjam will be essential when it does occur to keep America moving.’

    This post appeared first on FOX NEWS

    Keep Reading
    By