Altech Batteries (ATC:AU) has announced Altech – Commences Selling Sodium Nickel Chloride Batteries
Download the PDF here.
Altech Batteries (ATC:AU) has announced Altech – Commences Selling Sodium Nickel Chloride Batteries
Download the PDF here.
Golconda Gold (TSXV:GG) is a growth-focused junior producer with operations in prolific gold districts in South Africa and the US. Positioned as one of the sector’s highest-torque opportunities, Golconda offers investors profitable production, exposure to both gold and silver, and a disciplined, capital-efficient path to meaningful growth.
Golconda Gold is anchored by two cornerstone assets: Galaxy, its cash-flowing South African gold mine, and Summit, a high-grade silver-gold project in New Mexico set for restart. Together, they provide self-funded growth, U.S. exposure, and strong leverage to rising gold prices.
Galaxy, Golconda’s cornerstone asset, is a producing mine in South Africa’s prolific Barberton Greenstone Belt. The operation hosts 941,000 oz gold (M&I, 2.79 g/t) and 1.37 Moz inferred (2.62 g/t), supported by strong infrastructure and access to skilled mining services.
This Goldconda Gold profile is part of a paid investor education campaign.*
Click here to connect with Goldconda Gold (TSXV:GG) to receive an Investor Presentation
Copper Quest Exploration (CSE:CQX, OTCQB:IMIMF, FRA:3MX) is focused on creating shareholder value through the exploration and development of its North American critical mineral portfolio, with more than 40,000 hectares across tier-one jurisdictions in Canada and the US.
In British Columbia, the company’s assets include the Stars copper-molybdenum discovery in the Bulkley Porphyry Belt, the Stellar property with historic showings and new anomalies, an earn-in on the Rip project, a large porphyry copper-molybdenum system, and the Thane Project in the Toodoggone Belt, prospective for copper-gold-molybdenum.
The Stars project is a 9,694-hectare, road-accessible copper-molybdenum property in the prolific Bulkley Porphyry Belt, home to past producers such as Imperial Metals’ Huckleberry mine and Newmont’s Equity Silver Mine. Stars is defined by a 5 × 2.5 km annular magnetic anomaly coincident with a mineralized monzonite intrusion. Drilling in 2018 confirmed a significant porphyry system at the Tana Zone, highlighted by intercepts of 0.466 percent copper over 195.1 meters from 23 meters, including 40 meters averaging nearly 1 percent copper, and 0.20 percent copper over 396.7 meters from 28 meters. All holes to date have returned copper levels well above background, with alteration, intrusive textures, and veining typical of productive porphyry systems.
This Copper Quest Exploration profile is part of a paid investor education campaign.*
Click here to connect with Copper Quest Exploration (CSE:CQX) to receive an Investor Presentation
With a growth-oriented strategy, Golconda Gold is positioning itself as one of the highest-torque junior gold producers in the sector with assets in prolific gold districts in South Africa and the US. For investors bullish on gold, Golconda is a unique opportunity: a profitable producer with meaningful growth ahead, exposure to both gold and silver, and the discipline to deliver shareholder value in a capital-efficient way.
Golconda Gold (TSXV:GG;OTCQB:GGGOF) is an unhedged gold producer and explorer with operations in South Africa and the United States. The company is focused on optimizing its current mining and processing operations, reducing costs, and growing organically while pursuing accretive acquisition opportunities.
Its growth story is underpinned by two cornerstone assets: Galaxy Gold, the company’s cash-flowing, long-life South African operation; and Summit, a high-grade silver-gold project in New Mexico poised for a restart. Galaxy provides a steadily growing, self-funded production base, while Summit is positioned as the next major catalyst for Golconda, broadening investor exposure to silver and US operations. These assets enable Golconda to deliver meaningful production growth without dilution, providing investors direct leverage to gold prices at a time when juniors remain undervalued relative to commodity prices.
With strong insider ownership and a disciplined approach to capital, Golconda offers investors a unique combination of operating stability, near-term growth and upside exploration potential.
Galaxy is Golconda’s cornerstone asset and currently the company’s sole producing mine. Situated in the Barberton Greenstone Belt, one of South Africa’s most prolific gold districts with nearly 150 years of mining history, the mine benefits from established infrastructure, sealed-road access and proximity to skilled mining services. The property hosts a large resource base of 941,000 oz of gold in the measured and indicated categories grading 2.79 grams per ton (g/t), plus 1.37 million oz (Moz) inferred at 2.62 g/t.
Snapshot of Galaxy Gold Mine Operations
The operation is an underground, trackless mechanized mine, currently producing at a run rate of ~12,000 oz/year, with a multi-stage ramp-up plan to 25,000 oz/year by 2027 and up to 45,000 oz/year by 2028. Ore is processed through a 50,000 tonnes per month (tpm) crush-mill-float plant, which was refurbished with a new mill, concentrate tanks, and a filter press. The plant is already capable of handling the full ramp-up capacity, allowing it to expand with minimal capital outlay.
Galaxy produces a refractory gold concentrate sold directly to Ocean Partners, eliminating the need for BIOX or other complex high-capex processing routes. This low-risk sales model enables Galaxy to operate profitably and reinvest cash flow into mine development. The mine plan leverages both the Princeton and Galaxy ore bodies, with development into additional levels and ore bodies among the 21 known mineralized zones on the property. Over its history, Galaxy (formerly, the Agnes mine) has produced more than 1.3 Moz of gold, with current exploration drilling continuing to identify significant upside at depth and along strike.
Economically, Galaxy is highly accretive: at $3,000/oz gold, the operation generates an after-tax NPV5 percent of US$201 million, with life-of-mine free cash flow exceeding US$270 million on conservative assumptions. The operation has a projected all-in sustaining cost (AISC) of ~US$1,000/oz once ramp-up is complete, positioning it competitively within the global cost curve.
The Summit mine, located in the Steeple Rock Mining District of southwestern New Mexico, is a high-grade past-producing underground operation. The New Mexico portfolio also includes the Banner mill, a 240 tpd flotation facility located 57 miles from Summit via paved highways and sealed roads. Golconda acquired the project from Waterton in 2021, along with a streamlined land package totaling ~4,000 acres of patented and unpatented claims.
Summit Mine and Banner Mills snapshot
Summit hosts a defined resource of 1.4 Moz silver and 26,000 oz gold in measured and indicated categories, plus 5.1 Moz silver and 74,000 oz gold inferred. The mine is fully permitted and is expected to restart in Q2 2026, with first concentrate production within 9 to 12 months. The restart strategy is fully funded internally from Galaxy cash flows, ensuring no dilution to shareholders.
The planned annual production profile targets ~10,000 oz gold and 444,000 oz silver at steady state, with an average AISC of US$1,600/oz gold equivalent. At $3,000/oz gold and $35/oz silver, Summit delivers an after-tax NPV5 percent of US$105 million, with cumulative free cash flow of ~US$135 million over its mine life. The project is structured to be spun out into a standalone US-only gold-silver producer by Q4 2026, broadening investor appeal and potentially unlocking a higher valuation multiple.
The Banner Mill 240-tpd flotation facility 57 miles from the Summit mine
Exploration upside at Summit is significant. The Billali Zone, northwest of the main deposit, has returned historical intercepts including 681 g/t silver and 9.38 g/t gold over 4.4 m and hosts a 1992 historical resource of 288,000 tonnes grading 121 g/t silver and 3.67 g/t gold. The nearby Mohawk Area features a 2,000 ft IP anomaly with drill intercepts including 1.5 m at 437.5 g/t silver and 9.34 g/t gold at depth. Both zones remain open and underexplored, providing clear potential to extend mine life and scale production.
Summit’s restart and planned spin-out will give Golconda a second producing asset in a Tier 1 jurisdiction, diversify its commodity mix with silver exposure, and broaden its investor base, while maintaining the company’s no-dilution philosophy.
Ravi Sood has more than 25 years of experience in capital markets and operations. He is the founder and former CEO of Navina Asset Management, and director of Elemental Altus Royalties and Sparq Systems. He founded and/or co-founded multiple companies in mining, energy and renewables.
A chartered accountant with more than 22 years of financial and mining experience in Africa and North America, Andrew Bishop brings strong financial discipline and operational insight to Golconda. He was previously with Aureus Mining, Avesoro Resources and Golden Star.
Wayne Hatton Jones is a mining professional with 38 years of experience in Africa, Asia and Europe. He previously worked at Goldridge, Avocet, Randgold and Harmony. His expertise includes mine development, metallurgy and operations.
President Donald Trump on Thursday announced a new round of punishing tariffs, saying the United States will impose a 100% tariff on imported branded drugs, 25% tariff on imports of all heavy-duty trucks and 50% tariffs on kitchen cabinets.
Trump also said he would start charging a 30% tariff on upholstered furniture next week.
He said the new heavy-duty truck tariffs were to protect manufacturers from “unfair outside competition” and said the move would benefit companies such as Paccar-owned PCAR.O Peterbilt and Kenworth and Daimler Truck-owned DTGGe.DE Freightliner.
Trump has launched numerous national security probes into potential new tariffs on a wide variety of products.
He said the new tariffs on kitchen, bathroom and some furniture were because of huge levels of imports that were hurting local manufacturers.
“The reason for this is the large-scale ‘FLOODING’ of these products into the United States by other outside Countries,” Trump said, citing national security concerns about U.S. manufacturing.
The U.S. Chamber of Commerce urged the department not to impose new tariffs, noting the top five import sources are Mexico, Canada, Japan, Germany and Finland “all of which are allies or close partners of the United States posing no threat to U.S. national security.”
Mexico is the largest exporter of medium- and heavy-duty trucks to the United States. A study released in January said imports of those larger vehicles from Mexico have tripled since 2019.
Higher tariffs on commercial vehicles could put pressure on transportation costs just as Trump has vowed to reduce inflation, especially on consumer goods such as groceries.
Tariffs could also affect Chrysler-parent Stellantis STLAM.MI, which produces heavy-duty Ram trucks and commercial vans in Mexico. Sweden’s Volvo Group VOLVb.ST is building a $700 million heavy-truck factory in Monterrey, Mexico, set to start operations in 2026.
Mexico is home to 14 manufacturers and assemblers of buses, trucks, and tractor trucks, and two manufacturers of engines, according to the U.S. International Trade Administration.
The country is also the leading global exporter of tractor trucks, 95% of which are destined for the United States.
“We need our Truckers to be financially healthy and strong, for many reasons, but above all else, for National Security purposes!” Trump added.
Mexico opposed new tariffs, telling the Commerce Department in May that all Mexican trucks exported to the United States have on average 50% U.S. content, including diesel engines.
Last year, the United States imported almost $128 billion in heavy vehicle parts from Mexico, accounting for approximately 28% of total U.S. imports, Mexico said.
The Japanese Automobile Manufacturers Association also opposed new tariffs, saying Japanese companies have cut exports to the United States as they have boosted U.S. production of medium- and heavy-duty trucks.
Iraq is entering ‘a new phase’ of stability and growth, President Abdullatif Jamal Rashid said in an interview, declaring the country ‘100% safe’ as U.S. troops prepare to draw down after more than two decades on the ground.
While praising the U.S. for helping to defeat ISIS, Rashid stressed that Iraq now intends to stand on its own — maintaining ties with both the United States and neighboring Iran.
‘Americans have helped us in defeating terrorism… and I think Iraq is 100% safe and secure,’ Rashid told Fox News Digital on the sidelines of the United Nations General Assembly. ‘It’s a new phase in Iraq, really concentrating on improving the infrastructure.’
Those who served in Iraq in the early 2000s — through the War on Terror and a civil war — may not recognize it as the same place, according to Rashid.
‘We have started development in every field of life, and there are good opportunities for number of American companies, American businessmen, to be our partner in improving the situation in Iraq.’
Under this ‘new phase,’ Rashid said he wants Iraq to be defined less by conflict and more by commerce.
‘Our relationship with the United States is a long relationship. We want to make a stronger relationship… on trade, on investment, on energy and water.’
The timing is significant. The U.S.-led coalition that toppled Saddam Hussein in 2003 and later fought ISIS was scheduled under an agreement last year to begin its final withdrawal this September. That exact timeline is unclear, and the Pentagon has disclosed few details.
The issue is sure to dominate next month’s parliamentary elections, where a swath of Iraqis want the U.S. to adhere to its agreement and leave.
‘This is a hot button political issue,’ said Behnam Taleblu, fellow at the Foundation for Defense of Democracies (FDD), ‘with a timetable that was technically — or at least allegedly — already supposed to have started by then, is going to be something that we should be keeping our eyes on.’
American commanders have warned that ISIS cells remain active in rural areas, while Iran-aligned militias have targeted U.S. and Iraqi government facilities with rockets and drones.
Some argue the counter-ISIS mission is not over, and U.S. troops should remain. Others say the U.S. footprint lacks a clear purpose at this point.
‘The deterrent effect of U.S. forces there, I think, could be significant,’ said Taleblu.
Pressed on these concerns, Rashid dismissed talk of Iraq being ‘overrun with Iranian proxies’ as exaggerated and said Baghdad is determined to prevent outside powers from dictating its politics.
‘We want to keep our independence, our decision-making in Iraq as the Iraqis, not to be influenced by outsiders,’ he said.
On reports of militia attacks, Rashid claimed ignorance but insisted such actions would not be tolerated.
‘I’m not really aware of any groups [carrying out attacks]. We will not allow it. And these are against the Iraqi security and Iraqi independence,’ he said.
Still, the perception of Iranian influence remains a flashpoint in Washington.
‘Iranian influence has already taken over Iraq,’ Rep. Joe Wilson, R-S.C., told Fox News Digital.
Tehran has close ties to Shiite parties that shape government coalitions in Baghdad, and it supports militias within the Popular Mobilization Forces that remain powerful players in the country’s security environment.
Iraq also relies on Iranian electricity and natural gas imports, while Iranian goods fill local markets, making Iraq one of Tehran’s most important trading partners despite international sanctions.
That reach, however, is not uncontested. Iraqi nationalist movements — including many Shiites — have resisted Tehran’s sway, and mass protests in recent years have condemned Iran’s role, sometimes targeting its consulates. Baghdad today remains a space of competing influence.
‘The Islamic Republic benefits from Iraq looking like Swiss cheese,’ said Taleblu, referring to Iranian pockets of influence across the country and its institutions.
‘Iran and Iraq are two neighbors,’ Rashid said, emphasizing that they had friendly relations. ‘We will not allow politicians from either [U.S. or Iraq] to be imposed on Iraqi people.’
Still others say Iran could take note of the Iraqi success story. In less than 20 years, the nation rose from decades of conflict and dictatorial leadership under Saddam Hussein to relative stability and democratic elections.
Rashid confirmed that Baghdad and the Kurdistan Regional Government have resolved their dispute over oil exports, paving the way for flows to resume after months of disruption. ‘It’s a big deal,’ said Rashid, who himself is Kurdish by background.
The Iraqi presidency is reserved for a Kurd under an informal power-sharing agreement, while the prime minister is Shi’a Arab and the speaker of the parliament is Sunni Arab.
Rashid also pointed to November’s parliamentary elections as proof of democratic stability.
‘We are going to have elections in two months’ time in November. That’s really an indication of how stable the country is… We want the process to be fully democratic,’ he said.
But the Popular Mobilization Forces (PMF) — a state-sanctioned umbrella of mostly Shiite militias, some with close ties to Tehran — are seen by critics as a parallel power structure undermining Iraq’s sovereignty.
Rashid, however, argued that integrating all armed groups under the constitution strengthens, rather than weakens, the state.
And on foreign policy, Rashid tried to position Iraq as a bridge.
He welcomed growing recognition of a Palestinian state, cautiously praised Donald Trump’s push for peace in Gaza, and reiterated that war — whether in the Middle East or in Ukraine — ‘doesn’t solve any problem. It makes the problem more complicated.’
The U.S. secured the release of an American citizen being detained in Afghanistan following months of negotiations on Sunday, Fox News has learned.
The U.S. and Qatar jointly negotiated for the release of Amir Amiry, U.S. Special Envoy Adam Boehler told Fox News on Sunday.
‘When we went to Kabul to pick up George Glezmann six months ago, I asked to see Amir Amiry. He was brought to the airport gate and when he saw us he started to cry. Leaving an American was the hardest thing that I have ever done in my life and I promised him that we would come back for him,’ Boehler told Fox.
‘Amir Amiry became a citizen by putting his life at risk fighting for our country and our troops. Today we repay the favor. God bless America and God bless the President,’ Boehler added.
‘Throughout Mr. Amiry’s detention, Qatari diplomats remained in close communication with US officials and carried out regular health checks to ensure his wellbeing,’ a source familiar with Amiri’s detention told Fox News.
‘His release was facilitated by Qatari diplomats in close coordination with the team of the US Special Envoy for Hostage Affairs, through Qatar’s role as the United States’ protecting power in Afghanistan,’ the source added.
Secretary of State Marco Rubio celebrated Amiry’s release, thanking Qatar in an X post Sunday afternoon.
‘Today we welcome home Amir Amiry, an American who was wrongfully detained in Afghanistan. I want to thank Qatar for helping secure his freedom,’ Rubio said. ‘@POTUS has made it clear we will not stop until every American unjustly detained abroad is back home.’
Amiry’s release comes roughly a week after the Taliban released an elderly British couple after eight months in captivity.
Barbie Reynolds, 76, and husband Peter Reynolds, 80, arrived in Qatar on Friday following months of negotiations between Qatar, the Taliban and Britain.
The couple had lived in Afghanistan for 18 years, where they ran an education charity. Despite the ordeal, Barbie Reynolds said they would return to Afghanistan if they could. They are both Afghan citizens.
‘God is good, as they say in Afghanistan,’ she added at the Kabul airport.
Fox News’ Brie Stimson contributed to this report
Iraq is entering ‘a new phase’ of stability and growth, President Abdullatif Jamal Rashid said in an interview, declaring the country ‘100% safe’ as U.S. troops prepare to draw down after more than two decades on the ground.
While praising the U.S. for helping to defeat ISIS, Rashid stressed that Iraq now intends to stand on its own — maintaining ties with both the United States and neighboring Iran.
‘Americans have helped us in defeating terrorism… and I think Iraq is 100% safe and secure,’ Rashid told Fox News Digital on the sidelines of the United Nations General Assembly. ‘It’s a new phase in Iraq, really concentrating on improving the infrastructure.’
Those who served in Iraq in the early 2000s — through the War on Terror and a civil war — may not recognize it as the same place, according to Rashid.
‘We have started development in every field of life, and there are good opportunities for number of American companies, American businessmen, to be our partner in improving the situation in Iraq.’
Under this ‘new phase,’ Rashid said he wants Iraq to be defined less by conflict and more by commerce.
‘Our relationship with the United States is a long relationship. We want to make a stronger relationship… on trade, on investment, on energy and water.’
The timing is significant. The U.S.-led coalition that toppled Saddam Hussein in 2003 and later fought ISIS was scheduled under an agreement last year to begin its final withdrawal this September. That exact timeline is unclear, and the Pentagon has disclosed few details.
The issue is sure to dominate next month’s parliamentary elections, where a swath of Iraqis want the U.S. to adhere to its agreement and leave.
‘This is a hot button political issue,’ said Behnam Taleblu, fellow at the Foundation for Defense of Democracies (FDD), ‘with a timetable that was technically — or at least allegedly — already supposed to have started by then, is going to be something that we should be keeping our eyes on.’
American commanders have warned that ISIS cells remain active in rural areas, while Iran-aligned militias have targeted U.S. and Iraqi government facilities with rockets and drones.
Some argue the counter-ISIS mission is not over, and U.S. troops should remain. Others say the U.S. footprint lacks a clear purpose at this point.
‘ISIS is a shell of its former self — the Caliphate collapsed in 2019 and its strikes on Europe have ended since then. The remaining threat can be handled by others, notably the Iraqi government, which is popular at home and capable of carrying the load, along with the Kurdish Peshmerga and other regional states,’ said Will Walldorf, a senior fellow at Defense Priorities.
‘Iran’s influence has waned with the near-total collapse of its regional proxies. Any threats the U.S. might face in the future can be handled from over the horizon.’
‘The deterrent effect of U.S. forces there, I think, could be significant,’ countered Taleblu.
Pressed on concerns, Rashid dismissed talk of Iraq being ‘overrun with Iranian proxies’ as exaggerated and said Baghdad is determined to prevent outside powers from dictating its politics.
‘We want to keep our independence, our decision-making in Iraq as the Iraqis, not to be influenced by outsiders,’ he said.
On reports of militia attacks, Rashid claimed ignorance but insisted such actions would not be tolerated.
‘I’m not really aware of any groups [carrying out attacks]. We will not allow it. And these are against the Iraqi security and Iraqi independence,’ he said.
Still, the perception of Iranian influence remains a flashpoint in Washington.
‘Iranian influence has already taken over Iraq,’ Rep. Joe Wilson, R-S.C., told Fox News Digital.
Tehran has close ties to Shiite parties that shape government coalitions in Baghdad, and it supports militias within the Popular Mobilization Forces that remain powerful players in the country’s security environment.
Iraq also relies on Iranian electricity and natural gas imports, while Iranian goods fill local markets, making Iraq one of Tehran’s most important trading partners despite international sanctions.
That reach, however, is not uncontested. Iraqi nationalist movements — including many Shiites — have resisted Tehran’s sway, and mass protests in recent years have condemned Iran’s role, sometimes targeting its consulates. Baghdad today remains a space of competing influence.
‘The Islamic Republic benefits from Iraq looking like Swiss cheese,’ said Taleblu, referring to Iranian pockets of influence across the country and its institutions.
‘Iran and Iraq are two neighbors,’ Rashid said, emphasizing that they had friendly relations. ‘We will not allow politicians from either [U.S. or Iraq] to be imposed on Iraqi people.’
Still others say Iran could take note of the Iraqi success story. In less than 20 years, the nation rose from decades of conflict and dictatorial leadership under Saddam Hussein to relative stability and democratic elections.
Rashid confirmed that Baghdad and the Kurdistan Regional Government have resolved their dispute over oil exports, paving the way for flows to resume after months of disruption. ‘It’s a big deal,’ said Rashid, who himself is Kurdish by background.
The Iraqi presidency is reserved for a Kurd under an informal power-sharing agreement, while the prime minister is Shi’a Arab and the speaker of the parliament is Sunni Arab.
Rashid also pointed to November’s parliamentary elections as proof of democratic stability.
‘We are going to have elections in two months’ time in November. That’s really an indication of how stable the country is… We want the process to be fully democratic,’ he said.
But the Popular Mobilization Forces (PMF) — a state-sanctioned umbrella of mostly Shiite militias, some with close ties to Tehran — are seen by critics as a parallel power structure undermining Iraq’s sovereignty.
Rashid, however, argued that integrating all armed groups under the constitution strengthens, rather than weakens, the state.
And on foreign policy, Rashid tried to position Iraq as a bridge.
He welcomed growing recognition of a Palestinian state, cautiously praised Donald Trump’s push for peace in Gaza, and reiterated that war — whether in the Middle East or in Ukraine — ‘doesn’t solve any problem. It makes the problem more complicated.’
President Donald Trump is slated to meet with Israeli Prime Minister Benjamin Netanyahu at the White House on Monday in an attempt to broker a ceasefire agreement and an end the war in Gaza.
Previewing the talks on Sunday, Trump wrote on Truth Social: ‘We have a real chance for greatness in the Middle East. All are on board for something special, first time ever. We will get it done.’
Trump did not elaborate on the precise terms of a ceasefire, exit or demilitarization plans for Gaza, or hostage-prisoner swap arrangements. He has previously said that both Israel and Hamas have agreed to indirect talks later this week in Qatar.
Meanwhile, Vice President JD Vance told ‘Fox News Sunday’ that top U.S. officials are immersed in ‘very complicated’ negotiations with both Israeli and Arab counterparts.
‘I feel more optimistic about where we are right now than where we have been at any point in the last few months, but let’s be realistic, these things can get derailed at the very last minute,’ Vance said.
He added that the Trump administration’s proposal centers on three main points: securing the release of all hostages, eliminating the Hamas threat to Israel, and expanding humanitarian aid to Gaza.
‘So I think we’re close to accomplishing all three of those objectives,’ Vance said.
In an exclusive interview on Fox News Channel’s ‘The Sunday Briefing,’ Netanyahu said his team is working with U.S. officials to secure the release of hostages, a top priority for the Israeli leader.
‘I hope we can make it a go because we want to free our hostages. We want to get rid of Hamas rule and have them disarmed, Gaza demilitarized, and a new future set up for Gazans and Israelis alike and for the whole region,’ he told co-host Jacqui Heinrich.
The meeting, the third one between Trump and Netanyahu since January, comes on the heels of the United Nations General Assembly.
Dozens of U.N. delegates left the General Assembly hall during the prime minister’s address, leaving rows of empty seats behind.
Later, member states voted to permit Palestinian Authority President Mahmoud Abbas to deliver his remarks remotely on Thursday.
In his speech, Abbas accused Israel of ‘genocide’ and called for full U.N. membership for a Palestinian state — drawing about 30 seconds of applause.
The Supreme Court is set to reexamine a landmark decision about the president’s ability to fire members of independent agencies, and the outcome could expand executive power and have far-reaching implications.
The high court revealed in an order last week it would revisit Humphrey’s Executor v. United States, a 1935 decision that Hans von Spakovsky, a legal fellow at the conservative Heritage Foundation, said is now on ‘life support.’
Contrary to the decision in Humphrey’s, von Spakovsky said agencies like the Federal Trade Commission, the Securities and Exchange Commission and various labor boards ought not to be insulated from presidential firings.
‘The Constitution says the president is the head of the executive branch,’ von Spakovsky told Fox News Digital. ‘That means, just like the CEO of a big corporation, they get to supervise and run the entire corporation, or in this case, the entire executive branch, and you can’t have Congress taking parts of that away from him and saying, ‘Well, they’re going to keep doing executive branch things, including law enforcement, but you won’t have any control over them.’’
The Supreme Court’s decision came in response to a challenge from a Biden-appointed FTC commissioner whom President Donald Trump fired at will after taking office.
The high court said in a 6-3 emergency decision Trump’s termination of the commissioner, Rebecca Slaughter, could remain in place for now while it uses her case to take on Humphrey’s Executor, which centered on an FTC firing under President Franklin D. Roosevelt. The high court found Roosevelt could not fire a commissioner without cause.
Slaughter has called her firing illegal, pointing to Humphrey’s and the FTC Act, which says commissioners cannot be fired from their seven-year terms without cause such as malfeasance or negligence.
Joshua Blackman, a professor at South Texas College of Law, told Fox News Digital that if Humphrey’s is overturned or narrowed, it will likely also apply to other agencies that have statutory protections against firings designed to preserve their independence.
‘I think this ruling will necessarily reach beyond the FTC,’ Blackman said. ‘The only question is whether they maintain that the Federal Reserve is different.’
The high court indicated in an earlier shadow docket decision about labor board firings this year that it views the Federal Reserve as unique, a ‘quasi-private’ structure rooted in the traditions of the first central banks. A separate case involving Federal Reserve Governor Lisa Cook’s firing is testing that position.
Von Spakovsky said the Supreme Court has been inching toward addressing Humphrey’s. The 2010 decision to narrow the Sarbanes-Oxley Act by stripping independence from an accounting oversight board and the decision five years ago finding the president could fire the Consumer Financial Protection Bureau director at will were hints of this.
In the latter case, Chief Justice John Roberts wrote that the president’s power ‘to remove — and thus supervise — those who wield executive power on his behalf follows from the text of Article II.’ The CFPB’s ‘novel’ structure defied that presidential power because a single director oversees an agency that ‘wield[s] significant executive power.’
Ruling in Trump’s favor would help the president and his conservative allies realize their stated goal of achieving a unitary executive, a theory that says the president should have sole control over the executive branch.
As part of this vision, Trump abruptly sidestepped numerous statutes to pluck out protected appointees at independent agencies when he took office, moves the Supreme Court is now poised to weigh in on in Slaughter’s case.
Boston University School of Law professor Jed Shugerman said in a statement online that Trump has done ‘more to establish a unitary executive than all the judges and legal scholars in the world could ever do.’
However, Shugerman criticized the president, saying his tests of authority have also ‘done more to discredit and expose the unitary executive theory as lawless authoritarianism than any judge or legal scholar could ever do.’
John Shu, a constitutional law expert who served in both Bush administrations, recently told Fox News Digital he believed the Supreme Court would narrow Humphrey’s Executor because the FTC’s powers have greatly expanded since its inception.
‘The Federal Trade Commission of 1935 is a lot different than the Federal Trade Commission today,’ Shu said.
Shu said today’s FTC can open investigations, issue subpoenas, bring lawsuits, impose financial penalties and more. The FTC now has executive, quasi-legislative and quasi-judicial functions, he said.