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IRIS Metals Limited (ASX: IR1, “IRIS” or “the Company”) is pleased to announce it has executed a binding Heads of Agreement (HOA) with Finley Mining Inc for the exclusive right to farm-in to the Finley Basin Tungsten Project (Tungsten Project) located in Granite County, Montana, USA. This strategic farm-in opportunity further expands IRIS’ exposure to critical minerals beyond lithium, positioning the Company in a key tungsten district with historical production potential and untapped high-grade tungsten potential in a jurisdiction primed for revival under U.S. critical minerals policies.

HIGHLIGHTS

  • IRIS Metals has signed a binding Heads of Agreement with Finley Mining Inc and its shareholders, granting IRIS an exclusive right to farm-in to the high-grade Finley Basin Tungsten Project, located in Granite County, Montana, USA, subject to the execution of full form farm-in agreements to be negotiated in good faith on the agreed key terms within 40 business days (unless extended).
  • Due to the transaction materialising during a proposed capital raising program, the Company decided not to raise capital at this point in time, having regard to the strategic merits of the Tungsten acquisition.
  • Limited drilling undertaken by Union Carbide in the late 1970s–early 1980s resulted in a historical, non-JORC compliant tungsten reserve, 850,000 tons at an average grade of 0.68% WO₃1, which is considered high-grade relative to many global tungsten deposits.
  • The farm-in provides IRIS with exposure to tungsten, a critical mineral with strategic importance for defense, energy, and industrial applications, complementing IRIS’ existing critical minerals portfolio.
  • The farm-in structure allows IRIS to earn up to a 100% interest in the project through staged exploration expenditure of up to USD$2,000,000 over 4 years and delivery of a JORC- compliant Inferred Resource.
  • Exploration activities to commence at the Finley Basin Project in early 2026, focusing on resource definition, expansion, and development studies.
  • The transaction aligns with IRIS’ strategy to expand its critical minerals footprint in the USA, leveraging incentives for domestically sourced materials.
IRIS Metals Executive Chairman Peter Marks commented:

‘This binding agreement marks an exciting step for IRIS as we grow and diversify our critical minerals portfolio into tungsten, a vital component for the defense and technology industries. The Finley Basin Project offers significant upside with its prospective geology and location in a mining-friendly jurisdiction. Combined with our existing South Dakota portfolio, this positions IRIS to capitalise on significantly growing demand for US-sourced critical minerals.’

Montana Portfolio Expansion and Development

IRIS is actively evaluating additional critical mineral opportunities to complement its core South Dakota holdings. This farm-in to the Finley Basin Tungsten Project diversifies IRIS’ assets into tungsten, a critical mineral essential for military energetics, alloys, electronics, and renewable energy technologies, with U.S. demand surging amid defense initiatives and clean energy goals, yet vulnerable to geopolitical supply disruptions.

The expansion of IRIS’ mineral portfolio to tungsten was measured in approach with a number of projects reviewed and compared. The Company selected the Finley Basin Project due to its high-grade characteristics when compared other tungsten occurrences in the US2, historical exploration results, favourable jurisdiction, potential for expansion of known mineralisation, local milling capabilities, and reasonable proximity to the Company’s South Dakota operations.

IRIS’ primary focus remains on advancing its South Dakota lithium and rubidium projects toward near- term development under its “Hub & Spoke” strategy, which emphasises centralized processing across multiple sites.

Recent expansions, including the September 2025 acquisition of the Ingersoll Project from Rapid Critical Metals have significantly grown IRIS’ Black Hills footprint and private land holdings. IRIS is rapidly expanding mineral resources and progressing studies to support a multi-mine production model, with economic analysis targeted for 2026.

This strategic diversification importantly aligns with broader U.S. incentives for domestically sourced critical minerals and supports resilient supply chains under frameworks such as the Australia-U.S. Climate, Critical Minerals and Clean Energy Transformation Compact.

Click here for the full ASX Release

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Uranium prices stayed fairly steady in 2025, but experts agree its long-term outlook is compelling,

Demand picked up from reactor restarts, new nuclear construction projects and growing interest in small modular reactors. Meanwhile, supply constraints continued as miners faced issues ramping up.

1. Trump Admin Pushes for Uranium Stockpile Boost to Secure Nuclear Power Future

Publish date: September 16, 2025

In September, the Trump administration zeroed in on its plan to reduce uranium reliance on Russia.

A report by Bloomberg outlined that Russia still accounts for approximately a quarter of the fuel used in America’s 94 nuclear reactors, which generate roughly 20 percent of the nation’s electricity.

Secretary of Energy Chris Wright said that the Department of Energy was working to reduce that dependence by rebuilding domestic uranium and enrichment supply chains.

The concept of a federal uranium reserve dates back to 2020, when the first Trump administration sought US$150 million to begin direct purchases from US producers, though Congress approved only half the amount.

Supply concerns sharpened after Russia briefly restricted uranium exports to the US in late 2024, underscoring Washington’s exposure to geopolitical risks.

A law signed in May 2024 requires US utilities to phase out Russian uranium by 2028, with future stockpile levels expected to rise in line with new reactor construction, including small modular reactors.

“We’re moving to a place — and we’re not there yet — to no longer use Russian enriched uranium,” Wright said, adding that the US needs significantly more domestic uranium and enrichment capacity.

2. China Achieves World’s First Thorium-to-Uranium Conversion

Publish date: November 6, 2025

China marked a milestone in 2025 by converting thorium into uranium inside a working molten salt reactor.

The experimental thorium molten salt reactor, developed by the Chinese Academy of Sciences’ Shanghai Institute of Applied Physics in the Gobi Desert, is the first in the world to demonstrate stable thorium-based fission.

The reactor has been operating since reaching first criticality in October 2023 and has now produced data confirming the conversion of thorium-232 into uranium-233, a fissile material capable of sustaining a nuclear chain reaction.

Unlike conventional reactors that use solid uranium fuel rods, the system relies on liquid fuel dissolved in molten fluoride salt, allowing continuous refueling and stable heat generation without shutting down operations.

3. Uranium Energy’s Sweetwater Project Fast Tracked Under Trump Initiative

Publish date: August 6, 2025

In August, Uranium Energy’s (NYSEAMERICAN:UEC) Sweetwater uranium complex in Wyoming was designated for expedited permitting under the Trump administration’s FAST-41 initiative. The initiative is part of a broader strategy to revitalize the US nuclear fuel supply chain and reduce reliance on imports from geopolitical rivals.

The Sweetwater complex, located in Wyoming’s Great Divide Basin, is anchored by a fully licensed conventional uranium mill with a capacity of 3,000 metric tons per day and annual output of 4.1 million pounds.

The site previously included several permitted mines — Sweetwater (Red Desert), Big Eagle and Jackpot (Green Mountain) — and will now be evaluated for in-situ recovery mining, a lower-impact extraction technique.

The new permitting push will allow the company to modify existing approvals to incorporate in-situ recovery capabilities both within and beyond the current mine boundary, including on adjacent federal lands.

Sweetwater is the second uranium project to receive fast-track treatment under the policy, following Anfield Energy’s (TSXV:AEC,NASDAQ:AEC) Velvet-Wood project in Utah, which received the status in May.

4. Denison Mines Moves Closer to Federal Approval for Phoenix ISR Uranium Project

Publish date: February 28, 2025

In February, Denison Mines (TSX:DML,NYSEAMERICAN:DNN) announced that the Canadian Nuclear Safety Commission (CNSC) had scheduled public hearings for its Wheeler River uranium project in Saskatchewan.

The hearings were scheduled for October 8 and December 8 to 12, and according to the company would represent the final stage in the federal environmental assessment process. Denison holds an effective 95 percent interest in Wheeler River, the largest undeveloped uranium project in the Eastern Athabasca Basin. If approved, the company expects to begin site preparation and construction for its Phoenix in-situ recovery uranium project in early 2026.

In its Q3 report, released on November 6, Denison said the first part of the hearing was complete, and that it was expecting a decision from the CNSC in early 2026 after part two of the hearing.

5. Western Australia Reviews Uranium Mining Ban as Nuclear Energy Investment Grows

Publish date: October 2, 2025

Possibly the biggest uranium news in Australia in 2025 was Western Australia’s move to consider lifting its ban on new uranium licenses. In October, ahead of an energy-focused trade mission to China and Japan, Premier Roger Cook signaled the policy might be under review as part of broader strategic development considerations.

China, Western Australia’s largest trading partner, accounts for more than half of the state’s exports.

While the state’s three existing uranium mines continue to operate under previously approved permits, no new developments have been allowed since the ban was put in place in 2017. Cook emphasized that Western Australia intends to respect legal mining leases, while exploring future opportunities.

He also stressed that any change to the uranium policy would likely depend on a “significant shift” in global markets, while the state continues to monitor existing permit holders and potential future projects.

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

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Vice President JD Vance brushed off a report from Vanity Fair that White House chief of staff Susie Wiles called him a ‘conspiracy theorist’ on Tuesday.

Vance made the comments while taking questions from the press in Pennsylvania, leaning in on his conspiratorial side and suggesting Wiles didn’t intend the comment to be critical.

‘Sometimes I am a conspiracy theorist, but I only believe in the conspiracy theories that are true,’ Vance told reporters. ‘Susie and I have joked in private and in public about that for a long time. For example, I believed in the crazy conspiracy theory back in 2020 that it was stupid to mask three-year-olds at the height of the COVID pandemic, that we should actually let them develop some language skills. You know, I believed in this crazy conspiracy theory that the media and the government were covering up the fact that Joe Biden was clearly unable to do the job.’

‘So, at least on some of these conspiracy theories, it turns out that a conspiracy theory is just something that was true six months before the media admitted it,’ he added.

Vance went on to defend Wiles more generally, saying that she is an extremely effective chief of staff whose loyalty to President Donald Trump is guaranteed.

‘I’ve never seen Susie Wiles say something to the president and then go and counteract him. Or subvert his will behind the scenes. And that’s what you want in a staffer. Because as much as I love Susie, the American people didn’t elect any staffer. They elected the president of the United States,’ Vance said. ‘Susie Wiles, we have our disagreements. We agree on much more than we disagree. But I’ve never seen her be disloyal to the president of the United States, and that makes her the best White House chief of staff that I think the president could ask for.’

Wiles herself blasted the Vanity Fair article in her own statement on social media, arguing it was ‘disingenuously’ framed and lacked ‘significant context.’

The article quotes Wiles as saying Vance was a conspiracy theorist and that he had begun supporting Trump out of political expediency rather than true support. She was also quoted giving frank descriptions of other White House officials, including saying Trump has ‘an alcoholic’s personality.’

‘The article published early this morning is a disingenuously framed hit piece on me and the finest President, White House staff, and Cabinet in history,’ Wiles wrote on X Tuesday.

‘Significant context was disregarded and much of what I, and others, said about the team and the President was left out of the story. I assume, after reading it, that this was done to paint an overwhelmingly chaotic and negative narrative about the President and our team,’ she continued.

‘The truth is the Trump White House has already accomplished more in eleven months than any other President has accomplished in eight years and that is due to the unmatched leadership and vision of President Trump, for whom I have been honored to work for the better part of a decade,’ she added.

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President Donald Trump will give an address to the nation live from the White House on Wednesday night, he announced on Tuesday.

Trump teased the address in a statement on social media, saying the speech will take place at 9 p.m. ET on Wednesday. He has not clarified a topic for the address.

‘My Fellow Americans: I will be giving an ADDRESS TO THE NATION tomorrow night, LIVE FROM THE WHITE HOUSE, at 9 P.M. EST. I look forward to ‘seeing’ you then. It has been a great year for our Country, and THE BEST IS YET TO COME!’ Trump wrote.

Trump last formally addressed the nation in November after two members of the West Virginia National Guard were shot in the nation’s capital.

The Trump administration has touted its economic agenda throughout the closing months of the year. Trump himself has highlighted his tariff agenda and pushed last month for Americans to receive payment checks funded by tariff revenues. He vowed that ‘hundreds of millions of dollars in tariff money’ would be distributed as dividends by mid-2026.

‘We’ve taken in hundreds of millions of dollars in tariff money. We’re going to be issuing dividends probably by the middle of next year, maybe a little bit later than that,’ Trump told reporters in the Oval Office.

The president first floated the idea in early November, saying he would use tariff revenue to send $2,000 payments to low- and middle-income Americans, with any remaining funds directed toward paying down the nation’s soaring debt.

With the nation’s debt hovering just north of $38 trillion, revenue from tariffs amount to little more than a rounding error: billions collected against trillions owed.

The proposal comes at a pivotal moment, with tariff receipts climbing and the Supreme Court reviewing the legality of Trump’s trade measures.

Since Trump announced his ‘Liberation Day’ tariffs in April, tariff revenues have climbed sharply from $23.9 billion in May to $28 billion in June and $29 billion in July. 

Total duty revenue reached $215.2 billion in fiscal year 2025, which ended Sept. 30, according to the Treasury Department’s Customs and Certain Excise Taxes report.

Fox News’ Amanda Macias contributed to this report.

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Lawyers for the Trump administration and a historic preservation group are slated to appear in court Tuesday afternoon in a bid to halt — at least temporarily — President Donald Trump’s plan to continue building out a $300 million White House ballroom on the site of the now-demolished East Wing. 

‘No president is legally allowed to tear down portions of the White House without any review whatsoever — not President Trump, not President Biden, and not anyone else,’ the National Trust said in its lawsuit, filed late last week with U.S. District Judge Richard Leon.

The group argued that Trump’s project has already caused ‘irreversible damage’ to the White House, and asked Leon to grant both a temporary restraining order and preliminary injunction to block the Trump administration from commencing or continuing further work on the ballroom project until the necessary federal commissions have reviewed and approved the plans.

The suit alleges violations of multiple statutes, including the Administrative Procedure Act and the National Environmental Policy Act, and says the ballroom cannot move forward without authorization from Congress, the National Capital Planning Commission and the Commission of Fine Arts. Trump fired all six members of the CFA in October; the panel remains vacant.

Meanwhile, lawyers for the Justice Department argued in a separate filing on Monday that Trump does have the statutory authority to modify the structure as president.

‘The President possesses statutory authority to modify the structure of his residence, and that authority is supported by background principles of Executive power,’ the Justice Department told the court on Monday in a separate filing. 

They cited Trump’s personal involvement in the project, and noted that he has regularly taken part in meetings and discussions ‘regarding design and footprint and personally selecting the architect for the project,’ among other things. 

Lawyers for the Trump administration also argued that abruptly halting construction on the project would create ‘security concerns’ at the White House, an argument it is expected to seize on further during Tuesday afternoon’s hearing. 

They also included a declaration from Secret Service deputy director Matthew Quinn that said improvements to the site ‘are still needed before the Secret Service’s safety and security requirements can be met.’

‘Any pause in construction, even temporarily, would leave the contractor’s obligation unfulfilled in this regard and consequently hamper the Secret Service’s ability to meet its statutory obligations and protective mission.’

Trump in July first announced his plans to proceed with constructing the sprawling, 90,000-square-foot ballroom, which he estimated at the time would cost around $200 million. Trump has insisted it will be funded ‘100% by me and some friends of mine.’

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Sen. Lindsey Graham warned that the U.S. mission in Venezuela must end with Nicolás Maduro removed from power, arguing that leaving the embattled leader in place after a major U.S. show of force would be a ‘fatal mistake to our standing in the world.’

‘If after all this, we still leave this guy in power… that’s the worst possible signal you can send to Russia, China, Iran,’ Graham, R-S.C., told reporters after a classified all-senator briefing with War Secretary Pete Hegseth and Secretary of State Marco Rubio.

Trump administration officials did not say whether a series of narco-strikes in the Caribbean could escalate into direct strikes against Venezuelan territory or a broader campaign to oust Maduro. Sen. Richard Blumenthal, D-Conn., told Fox News Digital the briefing was ‘absent of specificity and detail’ and left ‘more questions than answers.’

‘I want to reassert, again, you cannot allow this man to be standing after this display of force, and I did not get a very good answer as to what happens,’ Graham said. ‘What I want is some clarity going forward. Is that in fact the goal?… If it’s not the goal, it is a huge mistake.’

Rep. Don Bacon, R-Neb., said he heard from briefers that there is a ‘very good process of determining if something’s a target or not’ before striking narco-trafficking boats, but the administration did not clarify its broader strategy toward the Maduro regime. 

‘Right now the focus has been on the boats,’ Bacon said. ‘I don’t know what we’re doing yet with Venezuela writ large.’

Rep. Gregory Meeks, D-N.Y., said the classified session also failed to address core questions. 

‘I actually think that was, for me, more of an exercise in futility. I really have no answers. Really didn’t gain anything more than what the public already has gotten,’ he said. He added that there was ‘really no conversation about why… we got 15,000 troops there,’ arguing the deployment ‘doesn’t seem to be just about narcotics trafficking.’ 

Meeks said briefers provided ‘no real rational decision or real answers’ about whether the U.S. is preparing for ‘a war in Venezuela,’ raising what he described as a pressing war powers issue. He said he plans to bring forward legislation this week addressing the recent strikes ‘in the Pacific, in the Caribbean’ as well as any potential move by Trump ‘to go into Venezuela.’

Rubio told reporters the mission is ‘focused on dismantling the infrastructure of these terrorist organizations that are operating in our hemisphere, undermining the security of Americans, killing Americans, poisoning Americans.’

Hegseth told reporters the War Department would not release video footage of the Sept. 2 narco-strikes — in which Adm. Frank Bradley ordered a ‘double tap’ strike to kill survivors — to the public. The video will instead be shown to the House and Senate Armed Services Committees.

Graham dismissed the footage as ‘the least of my concerns’ but said he urged Hegseth to release it so Americans could ‘make your own decisions.’

Hegseth and Rubio’s briefing came as the U.S. undertakes its largest military buildup in the region in decades: 15% of all naval assets are now positioned in the Southern Command theater. Graham cited the deployment as evidence that anything short of Maduro’s removal would undermine U.S. credibility. 

‘It got, yeah, 15% of the Navy pointed to this guy,’ he said.

Graham also pointed to historical precedent, arguing the U.S. has acted similarly when confronting hostile or destabilizing regimes. 

‘We have legal authority, in my view, to do in Venezuela what we did regarding Panama and Haiti,’ he said, recalling that in 1989 the U.S. ‘literally invaded Panama… took the president in power and put him in jail.’

He said he believes Trump intends a comparable outcome. 

‘Every indication by President Trump is that the purpose of this operation is to shut down the (Maduro) regime and replace it with something less threatening to the United States,’ Graham said.

Pressed on whether he meant regime change or lethal force, Graham replied: ‘I don’t care as long as he leaves.’

The public is now waiting to see whether the Trump administration will turn to direct strikes on Venezuelan territory as a means of pressuring Maduro to leave power — a step Graham argued is necessary for the operation to succeed.

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A federal judge on Tuesday said he was ‘inclined to deny’ a bid to force the Trump administration to halt construction of the White House ballroom but warned officials not to undertake any irreversible work before a January hearing that could still stop the project.

U.S. District Judge Richard Leon said he will hold another hearing during the second week in January and hinted he may still order a pause.

‘Any below ground construction’ in the coming weeks that dictates above-ground work should be avoided, Leon said, adding, ‘be prepared to take that down.’

Lawyers for the National Trust for Historic Preservation in the U.S. argued the case is not about the need for a ballroom but about the need to follow the law.

They said any construction on federal land requires congressional approval.

Lawyers representing the National Park Service countered that President Trump has authority to direct construction at the White House, saying ‘work must continue for national security issues.’

‘See you in January,’ Leon said as he warned the government not to pursue anything irreversible.

Attorney General Pam Bondi weighed in Tuesday evening.

‘Today @TheJusticeDept attorneys defeated an attempt to stop President Trump’s totally lawful East Wing Modernization and State Ballroom Project,’ she wrote on X. ‘President Trump has faced countless bad-faith left-wing legal attacks – this was no different. We will continue defending the President’s project in court in the coming weeks.’

On Monday, the Trump administration argued in a court filing that pausing construction would undermine national security, citing a Secret Service declaration warning that halting work would leave the site unable to meet ‘safety and security requirements’ necessary to protect President Donald Trump.

The declaration said the East Wing, demolished in October and now undergoing below-grade work, could not be left unfinished without compromising essential security measures.

The National Trust for Historic Preservation sued last week to stop the project, arguing the government had to follow federal review procedures before any irreversible work began.

The group said the proposed 90,000-square-foot addition, now estimated at more than $300 million, would overwhelm the Executive Residence and permanently alter the White House’s historic design.

The administration countered that the lawsuit was premature, noting regulatory reviews were still coming and above-grade construction was not scheduled to begin until April 2026.

The National Trust said early intervention was necessary, citing warnings from architectural historians who said the ballroom would mark the most significant exterior change to the White House in more than 80 years.

Fox News Digital’s Ashley Carnahan contributed to this report.

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President Donald Trump’s eldest son and namesake, Donald Trump Jr., is engaged to Bettina Anderson.

‘President Trump just announced at the White House that his son @DonaldJTrumpJr and his girlfriend Bettina Anderson are getting married! They just got engaged. Congratulations to them both,’ Laura Loomer wrote in a Monday night post on X. 

She shared a video of the couple delivering remarks. In a footage, Donald Trump Jr. thanked his bride-to-be ‘for that one word: yes.’ 

Anderson said she feels ‘like the luckiest girl in the world.’

Her Instagram profile says, ‘I’m just your typical stay at home mom… only I don’t do household chores… or have a husband… or have kids.’

Donald Trump Jr. was previously engaged to Kimberly Guilfoyle. Last year, the president announced Guilfoyle as his pick for U.S. Ambassador to Greece. 

Trump Jr. is a divorcee who had five children with his first wife, including his oldest child, Kai Trump, who spoke at the 2024 Republican National Convention.

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President Donald Trump isn’t offended by White House chief of staff Susie Wiles’ comments in Vanity Fair describing him as someone with ‘an alcoholic’s personality.’

On Tuesday, Vanity Fair published the first part of a two-part story about Wiles and the second Trump administration — which White House press secretary Karoline Leavitt claimed featured comments that were ‘wildly’ taken out of context. 

In response, Trump and his allies have come to dish out praise for Wiles, following the publication of a story where Wiles issued some unsavory remarks about Trump and others in his orbit. Hours after the Vanity Fair story was published, Trump told the New York Post that he wasn’t insulted by Wiles’ description of his personality. 

‘No, she meant that I’m — you see, I don’t drink alcohol. So everybody knows that — but I’ve often said that if I did, I’d have a very good chance of being an alcoholic. I have said that many times about myself, I do. It’s a very possessive personality,’ Trump told the Post. 

‘I’ve said that many times about myself. I’m fortunate I’m not a drinker. If I did, I could very well, because I’ve said that — what’s the word? Not possessive — possessive and addictive type personality,’ Trump said. ‘Oh, I’ve said it many times, many times before.’

The White House referred Fox News Digital to the Post’s reporting when asked for comment. 

Included in the Vanity Fair story were several quotes from Wiles describing others within Trump’s orbit in an unflattering manner. In addition to the remarks about Trump, Wiles was quoted claiming that Vice President JD Vance has been a ‘conspiracy theorist for a decade,’ and that Attorney General Pam Bondi ‘completely whiffed’ how she handled the release of documents pertaining to the late financier and convicted sex offender Jeffrey Epstein. 

Likewise, she described the Office of Management and Budget Director Russell Vought as ‘a right-wing absolute zealot,’ and claimed that SpaceX and Tesla CEO Elon Musk, who headed up the Department of Government Efficiency (DOGE), was an ‘odd duck’ and an ‘avowed ketamine (user).’ 

Even so, Wiles was also quoted praising Trump’s Cabinet, claiming that they are ‘a world-class Cabinet, better than anything I could have conceived of.’

In response to the story, Wiles claimed that the story was a ‘disingenuously framed hit piece on me and the finest President, White House staff, and Cabinet in history.’

‘Significant context was disregarded and much of what I, and others, said about the team and the President was left out of the story,’ Wiles said in a post on X Tuesday. ‘I assume, after reading it, that this was done to paint an overwhelmingly chaotic and negative narrative about the President and our team.’ 

Meanwhile, other members of the Trump administration also swiftly came to Wiles’ defense — including some of those who were mentioned in an unfavorable way. 

Vance dismissed Wiles’ comments during an event in Allentown, Pennsylvania, where he claimed that he and Wiles have privately joked that the vice president is a conspiracy theorist. 

‘Sometimes I am a conspiracy theorist, but I only believe in the conspiracy theories that are true,’ Vance said. 

Bondi also issued some praise for Wiles, and asserted that ‘any attempt to divide this administration will fail.’

‘Any attempt to undermine and downplay President Trump’s monumental achievements will fail,’ Bondi said in a post on X Tuesday. ‘We are family. We are united.’ 

Vought, who also served as director of the Office of Management and Budget during Trump’s first term, said that Wiles is an ‘exceptional’ chief of staff and that this is the most seamless era he’s experienced in his two terms working for Trump. 

‘In my portfolio, she is always an ally in helping me deliver for the president,’ Vought said about Wiles. ‘And this hit piece will not slow us down.’

Meanwhile, Secretary of War Pete Hegseth claimed the piece was a playbook from the left to ‘trash & smear our best & most effective people.’ 

‘They do it to President Trump daily — and now to Chief Susie Wiles. Susie is the most TRUSTED, most PROFESSIONAL & most EFFECTIVE Chief of Staff of my lifetime,’ Hegseth said in a post on X Tuesday. ‘Absolutely nobody better!’ 

United Nations Ambassador Mike Waltz, who previously served as the national security advisor at the White House, said he’d known Wiles for over a decade and that she ‘exemplifies integrity & dedication to our incredible President and country.’

‘The Queen of Florida politics – the architect of multiple successful governor’s and Presidential campaigns – she’s calm under fire, forthright, & results focused. Period,’ Waltz said in a post on X on Tuesday.

Treasury Secretary Scott Bessent also weighed in, describing Wiles as ‘the single most effective operator whom I have ever met.’ 

‘Susie is an exceptional Chief of Staff, and her tireless dedication, loyalty, and commitment to the President are beyond reproach,’ Bessent said in a post on X on Tuesday. ‘Powerful leadership often works quietly – never seeking credit and always relentlessly driving results. Our Chief exemplifies that.’

‘No one is more insightful, effective, and loyal,’ Bessent said. ‘She never loses sight of the big picture while managing the daily agenda.’ 

Bessent also challenged Vanity Fair’s portrayal of the Trump administration in the piece, claiming that the faulty characterization is ‘precisely why the insular chattering classes in America lose their minds as we notch victory after victory for the American people.’

Musk did not immediately respond to a request for comment from Fox News Digital. 

Conde Nast, which owns Vanity Fair, did not immediately respond to a request for comment from Fox News Digital. 

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Sen. Eric Schmitt, R-Mo., is being sued by the People’s Republic of China (PRC) for tens of billions of dollars in damages for a lawsuit he filed against the country during his time as Missouri’s attorney general.

Schmitt is being sued by the People’s Government of Wuhan Municipality, the Chinese Academy of Sciences and the Wuhan Institute of Virology of the Chinese Academy of Sciences for roughly $50 billion, several years after the lawmaker sued the country during the COVID-19 pandemic.

The lawsuit, first obtained by Fox News Digital, accused Schmitt, FBI co-deputy director Andrew Bailey, and the state of Missouri of damaging the reputations of China, Wuhan and the associated research facilities through ‘malicious vexatious litigation, fabricating enormous disinformation, and spreading stigmatizing and discriminating slanders.’

Schmitt said in a statement to Fox News Digital that he’d been ‘banned from Communist China, and now I am being sued and targeted by Communist China in a $50 billion lawfare campaign, and I’ll wear it like a badge of honor.’ 

‘China’s sinister malfeasance during the COVID-19 pandemic led to over a million Americans losing their lives, economic turmoil that rocked our country for years, and an enormous amount of human suffering, and as Missouri Attorney General I filed suit to hold them accountable,’ Schmitt said. ‘Instead of trying to defend its indefensible behavior, Communist China responded with frivolous lawfare, attempting to absolve themselves of all wrongdoing in the early days of the pandemic.’ 

‘This novel lawsuit is factually baseless, legally meritless, and any fake judgment a Chinese court issues in this lawsuit we will easily beat back and keep from being enforced against the people of Missouri or me,’ he continued. ‘This is their way of distracting from what the world already knows, China has blood on its hands.’

Schmitt, who served as attorney general for the Show-Me state from 2019 to 2023, sued the PRC, several Chinese government ministries, the Communist Party of China, the Wuhan Institute of Virology and the Chinese Academy of Sciences in early 2020, shortly after the beginning of the COVID-19 pandemic.

At the time, Schmitt accused the Chinese government of withholding information on the COVID-19 virus, failing to contain the outbreak of the virus, and actively hoarding high-quality personal protective equipment (PPE) while producing and selling lower-quality PPE for the rest of the world.

That case resulted in an eventual $24 billion judgment earlier this year.

The lawsuit against Schmitt, Bailey, who resigned as Missouri’s attorney general after he was tapped by President Donald Trump to serve as co-deputy FBI director in September, and Missouri contended that the preceding lawsuit, and statements published across a variety of media outlets, led to severe reputational and economic harm.

They’re demanding that apologies be published in several outlets, including The New York Times, CNN, Wall Street Journal, Washington Post and Chinese media outlets. The apologies come with a price tag, too.

Wuhan and the Chinese government demanded compensation of over 356 billion Chinese Yuan, which converts to just over $50 billion dollars.

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