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Charbone Hydrogen offers a compelling investment opportunity in the US$89 billion Ultra High Purity (UHP) and low-carbon intensity hydrogen market, leveraging a decentralized approach for scalable plant deployment and focusing on environmentally friendly production to reduce carbon footprints.

Overview

Charbone Hydrogen (TSXV:CH,OTCQB:CHHYF,FWB:K47) is an integrated company specialized in Ultra High Purity (UHP) hydrogen and the strategic distribution of industrial gases in North America and the Asia-Pacific region. It is developing a modular network of green hydrogen production while partnering with industry players to supply helium and other specialty gases without the need to build costly new plants. This disciplined strategy diversifies revenue streams, reduces risks, and increases flexibility.

Charbone has recently accelerated its growth trajectory, securing a US$50 million financing to expand across North America, executing a US$1 million collaboration agreement to advance a green hydrogen project in Malaysia, and achieving multiple milestones at its flagship Sorel-Tracy facility in Québec.

With its exclusive focus on UHP green hydrogen, Charbone is positioning itself as a first mover in a multi-billion-dollar market. Leveraging Canada’s abundant hydroelectric power and expanding nuclear capacity, Charbone plans to deliver sustainable hydrogen solutions that meet rising demand from both governments and global industries.

Company Highlights

  • Canada’s only publicly listed green hydrogen company: Charbone Hydrogen offers investors unique exposure to the fast-growing hydrogen economy as a company focused on green hydrogen production and distribution.
  • Building a North American green hydrogen pipeline: The company is advancing multiple projects, anchored by its flagship Sorel-Tracy facility in Québec, to establish a scalable production and distribution network.
  • Well-financed for growth and expansion: Charbone secured a US$50 million financing, facilitated by US Capital Global, to accelerate funding of modular build-out and expand its footprint across North America.
  • Expanding into international markets: Through a US$1 million master collaboration agreement, Charbone is supporting the deployment of a green hydrogen project in Malaysia, highlighting its global reach.
  • Aligned with strong policy and market tailwinds: For years, Canada leaned on centralized, fossil-based reformers. That playbook is obsolete. Now, Quebec’s hydropower surplus runs electrolyzers that split H₂O into H₂ and O₂ with zero carbon footprint. Charbone’s plug-and-play approach repurposes proven gear, slashing lead times and trimming capex. Charbone is well-placed for long-term growth.
  • Exclusive focus on ultra-pure green hydrogen production: Charbone is dedicated to producing hydrogen using renewable hydroelectric and nuclear energy — a critical pathway to decarbonization and huge demand of ultra-high purity hydrogen in electronics and military sectors.

Project Pipeline and Key Partnerships

Charbone forged strong partnerships to execute its business model. Here’s where it gets cool: renewable hydroelectricity powers electrolyzers that split water into hydrogen and oxygen. Purification skids then crank it up to 99.999% purity—true industrial grade. This hydrogen production model serves everything from fuel-cell fleets and semiconductor fabs to specialty metal processing and next-gen refueling stations.

Charbone isn’t flying solo. They’ve teamed up with:

  • A leading Canadian energy distributor supplying the battle-tested equipment
  • Hydro-Québec delivering clean, reliable electrons
  • An ABB partnership to boost North American production networks
  • Offtake and supply agreements with U.S. Tier-One industrial gases producer
  • Public listings on TSX Venture, OTCQB, and Frankfurt for global financing access

This lineup de-risks the rollout and turbocharges their momentum.

Charbone has signed a memorandum of understanding (MoU) with ABB to collaborate on the development of up to 15 modular and scalable green hydrogen production facilities across North America over the next five years. Under the MOU, ABB will support CHARBONE in standardizing basic engineering for systems and components across its project portfolio to increase energy efficiency and reliability.

Among the sites covered by the collaboration is Charbone’s flagship Sorel-Tracy facility near Montreal in Québec, Canada, which is currently under construction. The Sorel-Tracy facility is located on a 40,000-square-meter land parcel along Quebec Highway 30, known as the “Steel Highway” because of the numerous steel mills and process plants operating along the highway.

The construction of its Sorel-Tracy facility is being done in partnership with EBC, one of the largest construction companies in Quebec. EBC has a proven track record of designing and building facilities in Canada and the US. The partnership agreement gives EBC the right of first refusal to construct additional Sorel-Tracy phases, as well as one or all of Charbone’s facilities within the North American market.

In addition, Charbone has entered into several other strategic partnerships, all aimed at expanding its footprint in North America. The company entered into a special consultancy agreement with Enki GéoSolutions for potential partnership proposals as a co-operator and distributor of an emerging form of clean and renewable hydrogen, known as white or natural hydrogen.

In June 2024, Carbone executed a supply agreement for a complete containerized electrolyzer system ready for shipment to its flagship green hydrogen site in the City of Sorel-Tracy, Quebec. The electrolyzer has a higher capacity than originally planned and will significantly enhance initial operational capacity estimates. The company also acquired its first tube trailer for the transport and bulk delivery of compressed green hydrogen produced from the City of Sorel-Tracy, Quebec flagship project to local and domestic customers.

Charbone signed commercial supply agreements (CSAs) with a top-tier US industrial gas producer and distributor. The first CSA secures hydrogen supply ahead of Charbone’s own production, while the second expands its product offerings to include helium and other industrial gases. Positioned to capitalize on emerging North American opportunities, particularly in Canada, Charbone leverages its early-mover advantage to build strategic partnerships and strengthen its role in the low-carbon, high-purity hydrogen market.

Superior Plus

This partnership allows Charbone to sell hydrogen produced at the Sorel-Tracy facility to Certarus, a subsidiary of Superior Plus. Such supply agreements ensure that Charbone can generate cash flow immediately following the commencement of production.

Charbone Hydrogen entered into an off-take partnership with Certarus on the supply and

distribution of green hydrogen.

NEK Community Broadband

Another such supply agreement was signed in November 2023 with NEK Community Broadband, which ensures the supply of green hydrogen in the Northeast Kingdom of the state of Vermont (USA). NEK Broadband is building a high-speed broadband infrastructure and plans to install a hydrogen fuel cell backup system for a reliable power supply.

Oakland County Economic Development Department, Michigan

Further advancing its goal of US expansion, Charbone signed a memorandum of understanding in December 2023 with Michigan’s Oakland County Economic Development Department to set up Charbone’s first green hydrogen facility in the United States. Oakland County is home to major automakers, and a green hydrogen facility in their proximity will support the effort of producing environmentally friendly mobility options.

Being the only publicly listed green hydrogen player in Canada, Charbone offers investors a unique opportunity to participate in the rise of green hydrogen as a potential low-emitting alternative to fossil fuels.

Management Team

Dave Gagnon – Chairman and CEO

Dave Gagnon has been chairman and chief executive officer of Charbone Hydrogen Corporation since April 21, 2022. With over 20 years of executive leadership experience in Cleantech, Wind Power, Hydropower, Lithium Resources, and Industrial Gases, he has built a career focused on scaling innovative infrastructure, accelerating sustainable energy solutions, and leading cross-border growth initiatives in high-impact sectors.

Benoit Veilleux – Chief Financial Officer

Benoit Veilleux was appointed as the CFO of Charbone on August 15, 2022. Veilleux has over 15 years of experience in corporate accounting and finance. He began his professional career at KPMG in 2003, where he managed and coordinated audit teams for public companies until 2010. Since then, he has worked with a number of companies including Air Liquide Canada and the Hypertec Group.

Daniell Charette – Chief Operating Officer

Daniell Charette has been the chief operating officer of Charbone since February 2019. He brings over 25 years of experience in running and managing renewable energy companies. He has worked in senior leadership roles with several renewable companies including NEG Micon A/S, Vestas and Brookfield Power. He has served on various association boards and councils, including the Canadian Wind Energy Association, Association Québécoise des Producteurs d’Énergie Renouvelable, and Latin Wind Energy Association.

Francois Vitez – Director

Francois Vitez is a hydropower and energy storage expert with more than 24 years of experience in development, engineering and construction management as well as operations and maintenance of hydropower and energy storage projects in North America and internationally. He is a board member and chair of the Value of Hydropower committee at Waterpower Canada, vice-chair of the Energy Storage Association of Canada, board member of the California Energy Storage Association, and member of the International Hydropower Association.

Patrick Cuddihy – Industrial Gases Operations Team

Patrick Cuddihy is a seasoned operations leader with over 20 years of experience at Air Liquide Canada, to its hydrogen operations team. Patrick brings a wealth of expertise in managing industrial gas production and distribution, having held senior roles including network sales director for Quebec Region, general manager for Pacific Region, director of procurement services, and director of logistics and assets for the Eastern Region.

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The US Federal Reserve lowered its key interest rate for the first time in 2025 this week, while the Bank of Canada resumed cutting after pausing in March, providing a boost to growth-oriented sectors.

Tech stocks, particularly semiconductor and artificial intelligence (AI) companies, responded positively, reflecting investor optimism about a more supportive monetary environment for tech sector growth.

Fed Chair Jerome Powell cautioned that the cut was a risk-management move motivated by concerns over the labor market’s softness and persistent inflation risks, rather than a sign of strong economic confidence. He highlighted that downside risks to employment have increased, and that inflation remains above the Fed’s 2 percent goal.

Likewise, Bank of Canada Governor Tiff Macklem warned that broad-based tariffs and trade tensions pose structural risks to the Canadian economy. He emphasized that, unlike the pandemic bounceback, Canada will not see a quick economic rebound if tariffs persist, as they could permanently lower output and weaken growth across key sectors.

Nasdaq-100 performance, September 12 to 19, 2025.

Chart via Nasdaq.

Against that backdrop, the Nasdaq-100 (INDEXNASDAQ:NDX) put on a strong performance this week, closing at 24,626.25 on Friday (September 19), up 0.7 percent. The index saw momentum build toward the end of the week, supported by growth in technology and semiconductor stocks.

NVIDIA to take US$5 billion stake in Intel

While the Fed’s decision was a key factor for the tech sector this week, a landmark deal stole the spotlight.

A strategic partnership between NVIDIA (NASDAQ:NVDA) and Intel (NASDAQ:INTC) dominated the news cycle on Thursday (September 18), sending shockwaves through the semiconductor industry.

In a historic move, NVIDIA announced a US$5 billion investment in Intel as part of a new partnership. The companies will collaborate on custom data center and PC products, aiming to jointly develop custom CPUs and GPUs by integrating NVIDIA’s AI and accelerated computing technologies with Intel’s x86 platforms for data centers and personal computing.

The deal marks a major realignment in the chip industry focused on AI infrastructure innovation. Shares of both companies finished the week higher, with Intel notching a notable 21 percent increase.

Semiconductor exchange-traded funds (ETFs) also surged in response to the NVIDIA-Intel partnership announcement, with the iShares Semiconductor ETF (NASDAQ:SOXX) gaining 4.17 percent, the Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) rising 3.93 percent and the VanEck Semiconductor ETF (NASDAQ:SMH) increasing 3.92 percent over the course of the week, reflecting strengthened investor confidence across the sector.

Semiconductor ETF performance, September 16 to 19, 2025.

Chart via Google Finance.

The Intel-NVIDIA collaboration comes after reports this week that China’s regulatory authority has instructed major tech firms like Alibaba (NYSE:BABA) and ByteDance to stop buying and cancel orders of NVIDIA’s AI chip designed for China. The news sent NVIDIA shares down early in the week, but the company ended the period flat.

The collaboration also helped provide a much-needed boost to Intel’s share price. The company has struggled with operational challenges and a difficult turnaround effort in the highly competitive semiconductor market.

In a direct reaction to the Intel-NVIDIA deal, shares of Advanced Micro Devices (NASDAQ:AMD) and Taiwan Semiconductor Manufacturing Company (NYSE:TSM) declined on Thursday.

The latter company recovered some of its losses on Friday.

Advanced Micro Devices and Taiwan Semiconductor Manufacturing Company performance, September 16 to 19, 2025.

Chart via Google Finance.

US and UK sign tech prosperity deal

In other tech news, the US and UK signed a memorandum of understanding on Friday, pledging to boost collaboration in science and tech. Called the Technology Prosperity Deal, the arrangement focuses on civil nuclear power, aiming for independence from Russian fuel by late 2028 and developing new tech like small modular reactors.

The agreement also establishes joint task forces for AI standards and security, as well as quantum computing breakthroughs, and explores civil maritime nuclear applications.

Tech news to watch next week

Next week, investors will have an eye on Micron Technology’s (NASDAQ:MU) fiscal Q4 results, scheduled to be released on September 23 after market close. Analysts are estimating revenue of around US$11.15 billion.

Accenture (NYSE:ACN), a professional services company, will also release its fiscal Q4 results next week on September 25, with revenue expected in the US$17 billion range.

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

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The House passed a short-term federal funding bill backed by President Donald Trump on Friday morning, paving the way for averting a government shutdown if the Senate follows suit.

The legislation is aimed at keeping the government funded at current levels through Nov. 21 with a measure known as a continuing resolution (CR), designed to give House and Senate appropriators more time to strike a deal on fiscal 2026 federal spending.

Fiscal 2025 is slated to end on Sept. 30, and Congress risks a partial shutdown if the CR does not make it to Trump’s desk for a signature by then.

In addition to keeping the government open until just before Thanksgiving, the legislation also includes an added $30 million to boost lawmaker security through a mutual aid fund for Capitol law enforcement and local police.

That decision was made as concerns over political violence have skyrocketed in recent months, including after the assassination of conservative activist Charlie Kirk in Utah last week.

The CR also honors a White House request for an additional $58 million in combined security funding for the judicial and executive branches, as well as $1 billion allocated for Washington, D.C.’s budget after Congress repealed that sum earlier this year.

A shutdown could be politically costly for both Republicans and Democrats.

Democratic leaders had threatened for days to oppose the bill, infuriated over being left out of CR negotiations and demanding increased funding for healthcare subsidies.

House Minority Leader Hakeem Jeffries, D-N.Y., was criticizing the CR as recently as Friday morning, less than an hour before the vote.

‘Today, there’s a choice before every single member of the House of Representatives: will we stand up for the healthcare of the American people, or will we bend the knee to Donald Trump and his continued efforts to gut healthcare for everyday Americans?’ Jeffries said.

‘We’re voting no on a partisan Republican spending bill, and we’ll continue to defend the healthcare of the American people.’

Speaker Mike Johnson, R-La., had precious little wiggle room going into the vote, affording to lose only two Republicans if all Democrats turned against it.

But in the Senate, where at least several Democratic votes will be needed to meet the 60-vote threshold to advance the legislation, Minority Leader Chuck Schumer, D-N.Y., is under significant pressure from his left flank to buck the GOP-led bill.

Schumer angered progressives in March when he cast a key vote to help avert a government shutdown with another Republican-led bill.

Republicans, meanwhile, have been readying to place the blame on a potential shutdown squarely on Democrats’ shoulders.

Trump posted on Truth Social on Thursday evening, ‘House Republicans are taking a very important Vote to pass a CLEAN TEMPORARY FUNDING BILL. The Leader of the Democrats, Cryin’ Chuck Schumer, wants to shut the Government down.’

‘Republicans want the Government to stay open. Every House Republican should UNIFY, and VOTE YES!’ Trump wrote.

Democrats released their own alternative CR plan this week, but Johnson told Fox News’ ‘Special Report’ that it was ‘filled with partisan wish lists and poison pills and demands.’

The Senate is expected to consider both versions and could take a vote as early as Friday.

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Former Vice President Kamala Harris noted that she was unaware that she had ‘pulled the pin on a hand grenade’ with her response to a question while appearing on ‘The View’ ahead of the 2024 presidential election, according to an Associated Press report about the unsuccessful candidate’s forthcoming book about her whirlwind 2024 White House campaign.

Asked whether she would have done anything differently than President Joe Biden, Harris replied by saying nothing ‘comes to mind’ and adding that she had ‘been a part of … most of the decisions that have had impact.’

‘I had no idea I’d just pulled the pin on a hand grenade,’ Harris wrote in her book, ‘107 Days,’ which is slated for release on Tuesday, according to the AP — ‘my staff were besides themselves’ regarding how she had handed a ‘gift to the Trump campaign,’ she noted, according to the outlet.

Harris explained in the book that she did not want to criticize the president or litigate matters on which they did not agree, according to the AP, but she did not grasp the extent to which her connection with Biden was holding back her presidential bid.

President Donald Trump decisively defeated Harris in the 2024 election, winning both the Electoral College and the popular vote.

‘I could barely breathe,’ Harris wrote regarding her experience of learning that she had lost the White House contest to her Republican rival, the outlet reported. She kept asking, ‘My God, my God, what will happen to our country?’

Earlier this year, Harris announced that she had decided against mounting a 2026 California gubernatorial bid.

‘In recent months, I have given serious thought to asking the people of California for the privilege to serve as their Governor,’ she noted in a statement issued in late July. ‘But after deep reflection, I’ve decided that I will not run for Governor in this election.’

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After conservative activist Charlie Kirk was murdered in Utah last week, leftist and contrarian figures across the country reacted with open celebration, prompting widespread public condemnation.

Fox News Digital spoke this week to several experts who analyzed whether the trend remains a fringe occurrence or if celebrations of political opponents’ deaths and injuries are becoming mainstream.

Paul Sracic is a former politics professor at Youngstown State University and is currently an adjunct fellow at the domestic policy-focused Hudson Institute in Washington, D.C. He said the answer depends on one’s definition of ‘fringe.’

Sracic said recent surveys showed as many as one-fifth of self-identified liberals agreed that political violence is sometimes justified.

‘Presumably, most of these very liberal and liberal voters support Democrats. This should horrify Democratic leaders, but it’s arguably the inevitable outcome of Democrats either adopting or at most failing to push back against notions that words themselves can be a form of violence and therefore can make people feel ‘unsafe’ if they are exposed to a political argument with which they disagree,’ Sracic said.

Democratic leaders, however they might personally think, also know that these more-energized voters must be attracted to the polls in the midterms, no matter the political environment, in order for the party to have a shot at winning back part of the federal government, he said. 

Rep. Andy Barr, R-Ky., who is also running for Sen. Mitch McConnell’s to-be-open Senate seat, offered another perspective – focusing on the increasing trend of political violence from the left against the right.

He cited Rep. Steve Scalise, R-La., nearly being assassinated at a Virginia ballfield, two attempts on President Donald Trump’s life, and Kirk’s murder.

‘Make no mistake—whether you stand with President Trump, support Israel, or believe in free-market capitalism, you are being targeted,’ Barr said.

‘I will work with the Trump administration and provide every resource necessary to prevent these acts of domestic terrorism before they happen.’

Democratic strategist and former congressional staff advisor Julian Epstein argued that multiple factors are driving the reaction to Kirk’s killing.

‘The celebration of Kirk’s death on the far left, both on and offline, is far too common, and not sufficiently denounced,’ he said. ‘The minimization of assassination by Democrat elites in arguing the both side-ism — and in the case of an ABC reporter, the moral relativism — is also too common.’

Epstein warned that the indiscriminate use of historically charged terms like ‘fascism’ is radicalizing political bases, and argued the left is failing to uphold Dr. Martin Luther King Jr.’s Civil Rights-era call to reject violence as a path to political change.

‘That failure occurred not only with the Kirk assassination, but also during the L.A. riots and the scourge of antisemitic violence on college campuses and elsewhere in the past few years,’ he said.

Link Lauren, former advisor to Robert F. Kennedy, Jr. and host of the podcast ‘Spot On,’ said the trend is no longer fringe but increasingly mainstream:

‘They call us Nazis, fascists, and threats to democracy. In the wake of George Floyd, the left burned down cities and businesses,’ Lauren said.

‘Since Charlie’s assassination, conservatives have gathered in churches and peaceful prayer. [That] tells you all you need to know.’

At the Manhattan Institute, legal policy fellow Tal Fortgang added that political violence is ‘capacious.’

‘There is an increasingly mainstream view among progressives, gaining ground within the Democratic Party as its democratic socialist influence grows, that terrorism is justified if it evens out power disparities,’ he said. ‘So you see prominent Democrats downplaying the atrocities of Oct. 7, 2023, on the grounds that Israel was the more powerful party in that fight.’

Fortgang said New York Assemb. Zohran Mamdani and the Democratic Socialists of America have risen in prominence since the Hamas terror attacks.

‘And, as Mamdani’s star has risen, so has the premise that violence is justified if it’s someone ‘powerless’ attacking someone ‘powerful.’’

Fortgang also pointed to comments from Democrats like Sen. Elizabeth Warren of Massachusetts after the murder of a health care executive – a case in which the prime suspect has been treated like a celebrity outside his ongoing court hearings.

Warren originally said that violence is ‘never the answer,’ with the caveat that ‘people can only be pushed so far… if you push people hard enough, they lose faith in the ability of their government to make change.’ She later clarified her remarks, stating: ‘Violence is never the answer. Period. I should have been much clearer that there is never a justification for murder.’

Fortgang said suspect Luigi Mangione ‘struck a blow against capitalism,’ and posited that Kirk’s suspected murderer Tyler Robinson may have been motivated by a desire to avenge transphobia.

‘Hamas fights settler-colonialism when they burn families alive. Systemic thinking is dehumanizing, but it became basically orthodoxy on the American left,’ he said.

‘Even if it is not solely responsible for the uptick in political violence, or its widespread celebration, it helps sustain it. That’s what the Democratic Party needs to confront.’

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The House of Representatives adopted a resolution to honor the ‘life and legacy’ of late conservative activist Charlie Kirk on Friday, just over a week after he was shot and killed during a college campus speaking event in Utah.

The measure got bipartisan support in a 310-58 vote, with both Democrats and Republicans having quickly risen to condemn political violence in the wake of Kirk’s assassination.

The vote divided Democrats, however, with 95 lawmakers voting to adopt the resolution, 58 voting against it and 22 not voting at all.

Thirty-eight Democrats also voted ‘present’ on the resolution. The top three House Democrats – Minority Leader Hakeem Jeffries, D-N.Y., Whip Katherine Clark, D-Mass., and Caucus Chairman Pete Aguilar, D-Calif. – all voted in favor of the measure.

House Democratic leadership did not expressly tell their caucus how to vote on the resolution but communicated that they would support it, according to two sources familiar with discussions.

The measure to honor Kirk, led by Speaker Mike Johnson, R-La., lauded the Turning Point USA founder as ‘one of the most prominent voices in America, engaging in respectful, civil discourse across college campuses, media platforms and national forums, always seeking to elevate truth, foster understanding and strengthen the Republic.’

It also said Kirk’s ‘commitment to civil discussion and debate stood as a model for young Americans across the political spectrum, and he worked tirelessly to promote unity without compromising on conviction.’ 

It called his killing ‘a sobering reminder of the growing threat posed by political extremism and hatred in our society’ and ‘calls upon all Americans—regardless of race, party affiliation, or creed—to reject political violence, recommit to respectful debate, uphold American values, and respect one another as fellow Americans.’

The resolution also invoked Kirk’s Christian faith, affirming that the House ‘honors the life, leadership, and legacy of Charlie Kirk, whose steadfast dedication to the Constitution, civil discourse, and biblical truth inspired a generation to cherish and defend the blessings of liberty.’

Despite lawmakers on both sides quickly coming out to condemn Kirk’s killing and political violence as a whole, subsequent days have seen partisan divisions skyrocket over the case.

Rep. Ilhan Omar, D-Minn., was among the Democrats targeted by the right for her response to Kirk’s death, both in an interview on progressive outlet Zeteo News and in reposting a social media video that criticized Kirk’s allies’ responses to his killing.

Rep. Nancy Mace, R-S.C., led a failed bid to censure Omar over her reaction, which was tabled when four Republicans, three of whom cited First Amendment protections, voted to block the measure.

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Senate Republicans’ bid to pass a short-term government funding extension was foiled by Senate Democrats as the deadline to fund the government fast approaches.

While the proposal easily glided through the House with little drama, it hit a brick wall in the Senate and failed 44-48. Only one lawmaker, Sen. John Fetterman, D-Pa., crossed the aisle to support the Republican plan. Sens. Rand Paul, R-Ky., and Lisa Murkowski, R-Alaska, also voted against the bill.

Their failure to send the House GOP’s continuing resolution (CR) to President Donald Trump’s desk came on the heels of Democrats’ failed attempt to advance their own counter-proposal to the Republicans’ plan.

It also comes as lawmakers gear up to leave Washington, D.C., for a week to observe the Jewish New Year, Rosh Hashanah. They’re expected to return with just two working days left before the deadline to fund the government on Sept. 30.

‘The House has acted,’ said Senate Majority Leader John Thune, R-S.D. ‘The president’s ready to sign the bill. We’ve got the appropriations committee and a lot of senators who are ready to go to work to pass bipartisan appropriations bills to fund the government by allowing these additional weeks into November. In order to do that, Democrats have to take ‘yes’ for an answer.’

The CR would have kept the government open until Nov. 21, and it included tens of millions for increased security for lawmakers and the judicial and executive branches.

Senate Democrats have dug in against the GOP’s proposal, not so much because of what’s in the bill, but what’s not in it. They have also hung the possibility of a government shutdown on Trump, who demanded that Republicans cut Democrats out of the process.

Thune charged that if Democrats were ‘serious’ about funding the government, they wouldn’t have ‘put out the most partisan piece of legislation you possibly could.’

‘I mean, it’s kind of mind-boggling,’ he said.

Senate Minority Leader Chuck Schumer, D-N.Y., has also accused Thune of not negotiating with him — a point Thune has pushed back against and noted throughout the week that his office is less than 25 yards from Schumer’s.  

‘We have two weeks. They should sit down and talk to us, and we maybe can get a good proposal,’ Schumer said. ‘Let’s see. But when they don’t talk to us, there’s no hope of getting a good proposal. And that makes no sense.’

‘And again, when Donald Trump says don’t negotiate with Democrats, because he doesn’t know what the Senate is like, or he doesn’t know how to count, because without Democrats, they’re going to end up shutting down the government,’ he continued.

However, the demands Schumer and Democrats laid out in their counter are a bridge too far for Republicans.

Included in the bill were a permanent extension to COVID-19 pandemic-era Obamacare subsidies, which are set to expire at the end of the year, efforts to repeal the Medicaid cuts in Trump’s ‘big, beautiful bill,’ and a clawback of canceled NPR and PBS funding.

Senate Majority Whip John Barrasso, R-Wyo., told Fox News Digital that the legislation was a ‘Trojan horse by the Democrats.’

‘It’s to me, it’s a preview of what they’re going to want to do,’ he said.

‘Schumer has to play to the far-left fringe that is actually running the Democrat Party right now,’ Barrasso continued.

Senate Democrats are adamant that the Obamacare credits, in particular, need to be dealt with now rather than near the deadline. Sen. Gary Peters, D-Mich., told Fox News Digital that lawmakers ‘have to do it now.’

‘All the [insurance rate] notices go out Oct. 1, so you have to have it now,’ Peters said.

However, Republicans argue that including an extension to the tax credits to a short-term extension isn’t germane to the bill, especially one geared toward trying to give Congress time to fund the government with spending bills. And Thune has said that the credits would be ‘addressed’ after a shutdown was averted.

But for now, the issue at hand still boils down to communication between Thune and Schumer.

‘I mean, these are the leaders of the U.S. Senate,’ Sen. Thom Tillis, R-N.C., said. ‘I expect them to step up. And if one’s not actually reaching out, the other one should at least demonstrate that they are — they’re trying to negotiate in good faith. If they don’t, then they get what they get.’ 

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Senate Democrats’ counteroffer to congressional Republicans’ short-term government funding extension was torpedoed by the GOP on Friday.

The bill, which varies drastically from the House’s proposal that passed earlier in the day, was filled with Democratic priorities that they say are the only sweeteners that would convince them to keep the government open. But the provisions were a bridge too far for Senate Republicans.  

The Democrats’ bill, which was unveiled late Wednesday night, failed 47-45 along party lines. However, the GOP’s CR will be voted on right after. The fate of that bill is in the air, given that Democrats have vowed to oppose it throughout the week.

The deadline to pass a government funding extension, known as a continuing resolution (CR), is Sept. 30, and lawmakers are expected to leave Washington, D.C., Friday night for a weeklong recess to observe the Jewish New Year, Rosh Hashanah.

House Republicans unveiled their CR on Tuesday and have lauded the bill as a ‘clean’ funding extension until Nov. 21. While it doesn’t include partisan policy riders, it does include tens of millions to beef up security measures for lawmakers.

However, Democrats, led by Senate Minority Leader Chuck Schumer, D-N.Y., opted to go with their own version of a CR, not because they disliked what was in Republicans’ bill, but what was not in it. They’ve also dug in against President Donald Trump’s demand that Republicans cut Democrats out of the process. 

Their plan would have kept the government open until Oct. 31, permanently extended expiring Obamacare premium subsidies, undoing the ‘big, beautiful bill’s’ Medicaid cuts, and clawing back the canceled funding for NPR and PBS.

Senate Majority Leader John Thune, R-S.D., panned the bill and argued that the Republicans’ legislation was everything Democrats had pushed when they controlled the Senate under former President Joe Biden.

‘It’s not clean – it’s filthy,’ Thune said. ‘It’s packed full of partisan policies and measures designed to appeal to Democrats’ leftist base.’

However, Schumer has accused Thune of not coming to the negotiating table and directly engaging with him to find a path forward to avert a government shutdown.

Democrats particularly want a deal on the expiring Obamacare subsidies, along with some assurances on future rescissions and impoundments.

‘We’ll sit down and negotiate, if they will sit down and negotiate,’ Schumer said. ‘We don’t have a red line, but we know we have to help the American people.’

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The Senate confirmed the last member of President Donald Trump’s Cabinet on Friday after months of delay from Senate Democrats.

Lawmakers confirmed Mike Waltz to be Trump’s ambassador to the United Nations on a bipartisan 47-45 vote. Sens. John Fetterman, D-Pa., Jeanne Shaheen, D-N.H., and Mark Kelly, D-Ariz., crossed the aisle to confirm him.

Sen. Rand Paul, R-Ky., was the lone Republican to vote against his confirmation. He also voted against Waltz’s advancing out of the Senate Foreign Relations Committee.

Waltz’s confirmation ends a nearly nine-month gap during which the U.S. was without a representative at the U.N., and it comes as the organization gears up for its General Assembly in New York City next week.

Waltz, a retired Army National Guard colonel and former Green Beret, previously served as a House Republican from Florida before being tapped to serve as Trump’s national security advisor.

However, he was dismissed from his position at the National Security Council following the ‘Signalgate’ controversy after Waltz added a journalist to a group chat with Secretary of War Pete Hegseth, CIA Director John Ratcliffe, Vice President JD Vance and others as they discussed strikes in Yemen.

Waltz took responsibility for the blunder and told Fox News’ Laura Ingraham at the time, ‘It’s embarrassing. We’re going to get to the bottom of it.’

Despite the hiccup, Trump tapped Waltz in May to be the U.S. ambassador to the U.N.

The move came after he subbed out Rep. Elise Stefanik, R-N.Y., from the position. At the time, Trump cited concerns that losing her from the House would make it difficult to pass legislation, particularly his ‘big, beautiful bill,’ given the GOP’s razor-thin majority in the lower chamber.

Still, Waltz was scrutinized by Senate Democrats during his confirmation hearing in July, where lawmakers accused the former House Republican of an ‘amateurish’ move for including a journalist into a sensitive conversation. Waltz pushed back that there was no classified information shared in the chat.

During the hearing, Waltz advocated for reforms at the U.N. and argued that ‘we should have one place in the world where everyone can talk.’

‘Where China, Russia, Europe, the developing world, can come together and resolve conflicts,’ he said. ‘But after 80 years, it’s drifted from its core mission of peacemaking.’

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