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President Donald Trump railed against Democrats over the ongoing government shutdown Saturday, and said he is directing Secretary of War Pete Hegseth to make sure military service members get paid next week. 

‘Chuck Schumer recently said, ‘Every day gets better’ during their Radical Left Shutdown,’ Trump wrote on Truth Social. ‘I DISAGREE! If nothing is done, because of ‘Leader’ Chuck Schumer and the Democrats, our Brave Troops will miss the paychecks they are rightfully due on October 15th.’

He said he had directed Hegseth ‘to use all available funds to get our Troops PAID on October 15th. We have identified funds to do this, and Secretary Hegseth will use them to PAY OUR TROOPS.’

‘I will not allow the Democrats to hold our Military, and the entire Security of our Nation, HOSTAGE, with their dangerous Government Shutdown,’ he added. ‘The Radical Left Democrats should OPEN THE GOVERNMENT, and then we can work together to address Healthcare, and many other things that they want to destroy. Thank you for your attention to this matter!’

The government shut down on Oct. 1, after Democrats and Republicans failed to pass a spending bill to fund the government, with Democrats concerned that expiring Affordable Care Act tax cuts could raise premiums and that Medicaid cuts could leave people without coverage.  

Trump on Monday blamed Democratic lawmakers for the shutdown, saying he’d be ‘happy to work with the Democrats on their failed healthcare policies’ once the government reopens.

‘Democrats have SHUT DOWN the United States government right in the midst of one of the most successful economies, including a record stock market, that our country has ever had,’ Trump wrote on Truth Social. ‘This has sadly affected so many programs, services, and other elements of society that Americans rely on — and it should not have happened.’

‘I am happy to work with the Democrats on their failed healthcare policies, or anything else, but first they must allow our government to re-open,’ he added.

Schumer recently told Punchbowl News: ‘Every day gets better for us,’ regarding the Democrats’ shutdown strategy.

He added, ‘It’s because we’ve thought about this long in advance and we knew that health care would be the focal point on Sept. 30 and we prepared for it … Their whole theory was — threaten us, bamboozle us, and we would submit in a day or two.’

Republicans have blamed Schumer for the shutdown, saying it was meant to appease the Democratic Party’s progressive wing, particularly in his home state as Zohran Mamdani maintains the lead in New York City’s mayoral race and buzz swirls regarding Rep. Alexandria Ocasio-Cortez, D-N.Y., is potentially challenging Schumer in the next primary. She has not formally declared a Senate bid.

‘Chuck Schumer just said the quiet part out loud: Democrats are gleefully inflicting pain on the American people over their push to give illegal aliens free health care,’ White House deputy press secretary Abigail Jackson said in a statement provided exclusively to Fox News Digital. 

Schumer recently shared with Fox News Digital remarks he made on the Senate floor. 

‘Every day that Republicans refuse to negotiate to end this shutdown, the worse it gets for Americans — and the clearer it becomes who’s fighting for them. Each day our case to fix healthcare and end this shutdown gets better and better, stronger and stronger because families are opening their letters showing how high their premiums will climb if Republicans get their way. They’re seeing why this fight matters — it’s about protecting their healthcare, their bank accounts and their futures.’

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Two years ago, I was kidnapped by Boko Haram. They held me captive, and every day I prayed that I would see my family again. By a miracle of God, I was able to escape. 

Sadly, most Christians who are captured by this terrible organization never live to tell their stories. And unless the West intervenes, kidnappings like mine — as well as killings — will only increase in my country, spread across the African continent and threaten the rest of the world. 

Today, as I travel throughout Nigeria providing relief as part of my work with iReach Global, I see that the violence has only grown—spreading like wildfire across the middle of my country, leaving behind a trail of ashes, mass graves and shattered lives. 

This year has brought wave after wave of coordinated attacks in Central Nigeria. More than 7,000 Christians have been killed. Entire villages — most of them Christian farming communities — were razed. Families now live in makeshift camps, traumatized and uncertain if they’ll ever return home. 

In early April, multiple coordinated assaults in the Bokkos area claimed hundreds of lives within a week. One community alone reported 52 deaths in a single attack, with thousands forced to flee. 

Later that month, in an area called Bassa, at least 51 people were slaughtered in a pre-dawn raid. The attackers came silently, setting homes ablaze and killing entire families as they slept. In Riyom, ambushes and targeted killings continued for months afterward. In one case, a bus full of passengers was stopped and attacked — 12 people killed on the spot. 

These are not random acts of violence. They are systematic, coordinated attempts to erase Christian communities from the region. 

As someone who has walked through burned villages and prayed with survivors, I can tell you the reality is even worse than the statistics suggest. I’ve seen mothers weeping beside mass graves. The smell of smoke from the smoldering remains of churches and schools still clings to my clothes. I’ve also spoken with children who no longer sleep through the night because they fear the next attack will come for them. 

This is not simply a matter of ‘clashes’ between farmers and herders, as government officials sometimes claim. It is a campaign of terror. It’s ethnic and religious cleansing disguised as conflict over land. 

And yet, the Nigerian government continues to downplay the crisis — failing to provide protection, food or medical care to the displaced. Some local leaders even warn communities not to speak to the media. But silence will not save us. 

I’ve seen mothers weeping beside mass graves. The smell of smoke from the smoldering remains of churches and schools still clings to my clothes.

The Nigerian government bears the primary responsibility to protect its people. That must begin with immediate and adequately resourced security deployments to protect vulnerable communities — especially during planting and harvest seasons when farmers are most exposed. Humanitarian corridors must be opened to deliver food and aid to thousands now living in desperate conditions. 

Independent investigations are also essential. Impunity is the oxygen that fuels these killings. Perpetrators must be identified and prosecuted—no matter their political connections or tribal affiliations. 

At the same time, Nigeria’s political class must stop turning our suffering into campaign slogans. I’ve heard politicians invoke the blood of victims as talking points during election campaigns while refusing to act. This must end. The lives of our people are not bargaining chips. 

The United States and other Western nations cannot look away. They have both the moral obligation and the diplomatic tools to press Nigeria toward real accountability. I believe the U.S. State Department must reinstate Nigeria’s designation as a Country of Particular Concern for egregious violations of religious freedom. This would send a clear signal to my government that the world is watching, and the killing of Christians in Nigeria will not be ignored. 

In addition, international partners should expand support for independent investigations and humanitarian assistance. I have visited many of these camps; the needs are immense. In some camps, families survive on one meal a day, drinking from muddy puddles, with no one to treat their wounds. Children go months without schooling. The international community can help fund the rebuilding of homes and provide psychosocial support for those who have endured unspeakable loss. 

The victims of these attacks are not soldiers or combatants. They are farmers, families, children and elders. They want nothing more than to live in peace, tend their fields and worship freely. Yet they have become targets of a campaign of hate. 

If urgent action is not taken, we risk watching entire Christian communities vanish from Nigeria’s Middle Belt. Not only that, but the reign of terror will continue to grow across the Sahel region of Africa and could ultimately threaten global security. 

And the silence of the world will be remembered as complicity. 

As someone who has survived the terror of Boko Haram and now witnesses this unfolding genocide, I plead with the global community: Do not look away. The suffering here is real, and it is growing. 

Nigeria is bleeding. But it does not have to be this way. With courage and help from the international community, we can still stop the slaughter and begin the long work of rebuilding. 

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White House Deputy Chief of Staff Dan Scavino is poised to play an even larger role in President Donald Trump’s administration, the president announced Sunday.

Trump says Scavino, in addition to his current role, will now lead the White House Presidential Personnel Office. The office was previously held by Sergio Gor, who is now transitioning to become the U.S. Ambassador to India.

‘I am pleased to announce that the great Dan Scavino, in addition to remaining Deputy Chief of Staff of the Trump Administration, will head the White House Presidential Personnel Office, replacing Sergio Gor, who did a wonderful job in that position, and will now become the Ambassador to India,’ Trump wrote on Truth Social.

‘Dan will be responsible for the selection and appointment of almost all positions in government, a very big and important position. Congratulations Dan, you will do a fantastic job!’ he added.

Scavino’s new appointment comes as the Trump administration is in a pitched fight with Democrats to define the cause of the ongoing government shutdown.

Trump allies have pointed to Senate Minority Leader Chuck Schumer’s refusal to work with Republicans.

The president also sought to mitigate damage on Saturday by ordering War Secretary Pete Hegseth to make sure military service members get paid next week, regardless of the shutdown.

‘Chuck Schumer recently said, ‘Every day gets better’ during their Radical Left Shutdown,’ Trump wrote on Truth Social. ‘I DISAGREE! If nothing is done, because of ‘Leader’ Chuck Schumer and the Democrats, our Brave Troops will miss the paychecks they are rightfully due on October 15th.’

He said he directed Hegseth ‘to use all available funds to get our Troops PAID on October 15th. We have identified funds to do this, and Secretary Hegseth will use them to PAY OUR TROOPS.’

The government shut down on Oct. 1, after Democrats and Republicans failed to pass a spending bill to fund the government, with Democrats concerned expiring Affordable Care Act tax cuts could raise premiums and that Medicaid cuts could leave people without coverage.

Fox News’ Brie Stimson contributed to this report

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North Korean leader Kim Jong Un displayed a new long-range intercontinental ballistic missile at a military parade in Pyongyang that included foreign leaders on Friday. 

The yet-to-be-tested Hwasong-20 was described by the state-owned Korean Central News Agency as having the ‘most powerful nuclear strategic weapons system.’

The government also displayed shorter-range ballistic, cruise and supersonic missiles at the military parade, which marked 80 years since the founding of the Worker’s Party.

Kim said at the parade that the military ‘must continue to evolve into an invincible force that eliminates all threats.’

The foreign dignitaries at the parade included Chinese Premier Li Qiang, former Russian President Dmitry Medvedev, and Vietnam’s Communist Party chief To Lam. 

Kim also met with Medvedev on Friday, who praised the sacrifice of North Korean soldiers fighting with Russia in Ukraine. 

Kim said he hoped to strengthen ties with Russia and work together toward common goals. 

Last summer, Kim’s sister Kim Yo Jong warned the U.S. to not attempt to restart talks centered around denuclearization, adding that Pyongyang would view any attempt to pressure North Korea to denuclearize as ‘nothing but a mockery.’ 

‘If the U.S. fails to accept the changed reality and persists in the failed past, the DPRK- U.S. meeting will remain as a ‘hope’ of the U.S. side,’ Kim Yo Jong said, referring to the nation by its official name, the Democratic People’s Republic of Korea.

The Associated Press and Reuters contributed to this report. 

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President Donald Trump is in ‘excellent overall health,’ the president’s doctor said in a memorandum after a follow-up evaluation at Walter Reed National Military Medical Center on Friday. 

Earlier this week, the White House announced that Trump, 79, would undergo a ‘routine’ semiannual physical on Friday. 

The president also met with troops while at the hospital in Bethesda, Maryland. 

‘President Donald J. Trump successfully completed a scheduled follow-up evaluation at Walter Reed National Military Medical Center,’ Navy Capt. Sean P. Barbabella, the physician to the president, wrote in a memorandum to White House press secretary Karoline Leavitt. 

Barbabella said that the visit was part of an ongoing health maintenance plan that included ‘advanced imaging, laboratory testing and preventative health assessments conducted by multidisciplinary team of specialists.’ 

He added, ‘Comprehensive laboratory studies performed in conjunction with the visit were exceptional, including stable metabolic, hematologic and cardiac parameters.’

In his summary, Barbabella said Trump, ‘remains in exceptional health, exhibiting strong cardiovascular, pulmonary, neurological, and physical performance.’ 

Barbabella also said Trump also received updated COVID-19 and flu shots in preparation for international travel. 

‘President Trump continues to demonstrate excellent overall health,’ he wrote, adding that his cardiac age was found to be ‘approximately 14 years younger than his chronological age. He continues to maintain a demanding daily schedule without restriction.’ 

The medical checkup will be Trump’s second this year. He had a similar exam in April, during which his physician stated that he ‘remains in excellent health.’

In July, the president was diagnosed with a vein condition known as chronic venous insufficiency. At the time, Leavitt said Trump had noticed ‘mild swelling’ in his lower legs and was evaluated by the White House medical unit.

Chronic venous insufficiency occurs when veins in the legs struggle to allow blood to flow back up to the heart.

Leavitt attributed the bruising on the president’s hand to ‘frequent handshaking and the use of aspirin.’

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The government shutdown is poised to enter a third week, and Democrats still appear to be struggling in the search for a cohesive messaging strategy.

Senate Minority Leader Chuck Schumer, D-N.Y., received a barrage of GOP-led attacks on Thursday after he told Punchbowl News, ‘Every day gets better for us’ in reference to the shutdown dragging on.

Meanwhile, House Democrats’ group selfie taken on Sept. 29, just before the shutdown, received criticism from both sides of the aisle. Former Rep. Adam Kinzinger, R-Ill., who’s become a fierce critic of the GOP since leaving office, wrote on X, ‘These selfie things need to stop guys. Honestly, the democrats were great at social media but social media moved on from them. The kitschy, goofy ‘choose your fighter’ type stuff needs to stop.’

Democrats have been fighting to center the discussion on healthcare, and their argument that any deal to reopen the federal government must at least include an extension of COVID-19 pandemic-era enhanced Obamacare subsidies that are set to expire at the end of this year.

And while polls show that Americans overwhelmingly do support extending the subsidies, surveys taken of the government shutdown have been more mixed, with a significant number of Americans blaming both parties.

A new Reuters/Ipsos poll released on Wednesday showed 67% of Americans believe Republicans deserve ‘a fair amount or a great deal of blame’ for the shutdown, compared to 63% for Democrats.

A New York Times/Siena poll taken on the eve of the shutdown showed that Democrats had a similarly thin edge over the GOP in the shutdown fight, but that 65% of people did not believe Democrats should shut down the government if their demands were not met.

‘Democrats keep choosing the wrong fights, including the shutdown fight. At best, the shutdown will give them a political draw where the public will blame both parties,’ Julian Epstein, a former Democratic staffer for the House Judiciary Committee, told Fox News Digital.

‘But they will not get a game change out of this conflict, and the risk for them is the longer it goes on, the public will see it’s the Democrats who are narcissistically voting to shut down the government after losing the election.’

During an appearance on ‘Real Time With Bill Maher’ earlier this month, CNN political commentator and former Obama administration appointee Van Jones said Democrats ‘do the wrong thing at the wrong time for the right reason.’

Jones said he was in favor of extending the Obamacare subsidies but argued that it may have been folly for his party to pick that fight over the shutdown before people even got notice of their premiums potentially rising.

‘I get it, the base is upset … ’Please do something, do anything,’ but the ‘something’ probably shouldn’t be throwing a bunch of people out of work in the federal government and crushing the American government’s ability to function right before the pain was about to start,’ he said.

And it’s not yet clear if Democrats have an agreed-upon roadmap for how to navigate the shutdown yet.

Late last week, just before Speaker Mike Johnson, R-La., announced that the House would be out of session for another week while Republicans’ funding bill stalled in the Senate, House Minority Leader Hakeem Jeffries, D-N.Y., unequivocally told Fox News Digital that ‘yes,’ he would call all House Democrats back to Washington to draw a contrast between the two sides.

He walked that back somewhat on Monday, however. When asked by Fox News Digital if he would still call the full caucus back, Jeffries said, ‘We have a caucus meeting at 6 p.m. today. We’ll have a House Democratic Caucus leadership meeting, that’s the full leadership, tomorrow. And I expect a strong presence of House Democrats throughout here in Washington.’

What he did not specify, however, was that the 6 p.m. caucus meeting was virtual.

At another press conference this week, Jeffries called a one-year Obamacare subsidy extension compromise bill ‘laughable’ despite it getting support from 11 members of his own Democratic caucus.

He walked those comments back again, ‘If anything is presented to us, of course, the caucus will consider it in good faith.’

But Republicans have also garnered their share of public criticism for shutdown messaging as well.

President Donald Trump’s aggressive rhetoric on federal employee layoffs put congressional Republicans in a difficult position earlier this month, though Trump has since softened his language and not yet carried out those firings.

The White House’s depiction of Jeffries in a sombrero on multiple occasions has also been panned as racist by critics.

Mike Nellis, a Democratic strategist and founder of campaign consulting firm Authentic, said Democrats were doing the right thing in focusing on health care while criticizing Republicans’ messaging.

‘I think that focusing on the health care subsidies, which are undeniably popular, has been a really smart thing for Democrats to do,’ Nellis told Fox News Digital.

‘I think that the Republicans have played right into their worst tendencies on this, which is, much of their messaging is aggressively online-focused. The sombrero stuff is mildly funny. But then they went all in on it, and they don’t have a good answer to the health care subsidies.’

Nellis also argued that Republicans’ touting of a ‘landslide’ electoral victory has set them up for a larger share of the blame.

‘When you create the conditions where you talked about the mandate that you have and the government shuts down on your watch, you’re responsible for the government shutdown,’ he said.

Still, he said he would grade Democrats with a ‘B, B minus’ on their messaging, adding that it’s ‘not perfect.’

‘Maybe the answer is … Republicans are losing the shutdown fight, rather than Democrats are winning it,’ Nellis said. ‘But I mean, I just think we’ve got a lot more right than a lot more wrong, which is the first time you can say that in quite a while.’

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Republicans in New York’s congressional delegation are pressing their two Democratic senators to end the ongoing government shutdown, casting their opposition to the GOP’s funding bill as ‘radical and harmful’ to residents of the Empire State.

The government shutdown has entered its eleventh day with Republicans and Democrats still unable to agree on a path forward. Thousands of government workers, including members of the military and federal law enforcement, are set to miss their first paychecks next week barring a breakthrough.

‘You have abdicated your responsibility to New Yorkers. By consistently voting against the clean Continuing Resolution (CR), you have shut down the government with no willingness to reopen operations,’ seven House Republicans wrote to Senate Minority Leader Chuck Schumer, D-N.Y., and Sen. Kirsten Gillibrand, D-N.Y.

‘Throughout both of your decades in federal office, you have consistently supported clean CRs as a way to keep the government funded and open until Congress can pass bipartisan spending bills.’

The Republicans accused their senators of changing course now ‘to spite President Trump and congressional Republicans,’ and called it ‘a disservice to our nation and our institutions.’

‘In fact, both of you have been vocal about your past opposition to shutdowns and the dangers they wreak on the American people,’ they wrote.

The letter is being led by Rep. Mike Lawler, R-N.Y., and is signed by the six other House Republicans representing parts of New York: Reps. Nick Langworthy, Nicole Malliotakis, Claudia Tenney, Nick LaLota, Elise Stefanik, and Andrew Garbarino.

The House passed a measure to keep the government funded at levels roughly even to fiscal year (FY) 2025 through Nov. 21 — called a continuing resolution (CR) — on Sept. 19, mostly along party lines.

But Democrats in the House and Senate were largely infuriated by being sidelined in federal funding talks and are now demanding any spending deal also include an extension of COVID-19 pandemic-era enhanced Obamacare subsidies that are set to expire at the end of this year.

Democrats have argued that a failure to act on those subsidies now will lead to higher health care premiums for millions of Americans by the end of the year. 

Republican leaders who control the House and Senate have said they are willing to hold negotiations on those subsidies, but have insisted the CR must be ‘clean’ without any policy riders. CRs are aimed at giving congressional negotiators more time to strike a longer-term funding deal for FY2026, which began on Oct. 1.

Schumer had been under particular pressure from his left flank to resist the GOP’s plan after his vote was key to helping advance the same bill in March, which extended FY2024 federal funding levels through Sept. 30.

‘Just last year in 2024, you said that no reasonable member on either side of the aisle wants a government shutdown. I agree, Senator, your position now is unreasonable,’ the House GOP’s Saturday letter read.

The CR has now failed in the Senate seven times. Under the most recent tallies, five more Democrats would be needed to cross the aisle and meet the Senate’s 60-vote threshold to break the filibuster and advance the bill to a final vote. 

Fox News Digital reached out to Schumer and Gillibrand’s offices for a response but did not hear back by press time.

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President Donald Trump secured a historic peace deal between Israel and Hamas this week that will end the war in Gaza and return the hostages, two years after the terrorist network attacked Israel Oct. 7, 2023 — all while the U.S. government remains in a shutdown due to a stalemate in the Senate. 

The president made the announcement on his Truth Social platform Wednesday.

‘I am very proud to announce that Israel and Hamas have both signed off on the first Phase of our Peace Plan,’ the president posted. ‘This means that ALL of the Hostages will be released very soon, and Israel will withdraw their Troops to an agreed upon line as the first steps toward a Strong, Durable, and Everlasting Peace. All Parties will be treated fairly!’

The president said the day of the agreement was ‘a GREAT Day for the Arab and Muslim World, Israel, all surrounding Nations, and the United States of America, and we thank the mediators from Qatar, Egypt, and Turkey, who worked with us to make this Historic and Unprecedented Event happen.’

‘BLESSED ARE THE PEACEMAKERS!’ he posted.

According to Israeli officials, the living hostages are expected to be released in a single phase within 72 hours. The return of the bodies of deceased hostages will take longer, but Israel insists on their inclusion in the deal.

Trump warned that if Hamas did not agree to the deal, Israel would have the full backing of the U.S. to carry out its operational plans in Gaza. 

Moments before the president’s announcement, photos emerged from the negotiation room in Sharm el-Sheikh, Egypt, showing senior officials embracing and shaking hands as reports indicated significant progress toward a hostage release deal. Retired Israeli Defense Forces Major General Nitzan Alon was seen shaking hands with Qatar’s prime minister, with U.S. special envoy Steve Witkoff in the background.

On the other side, Hamas leader Khalil al-Hayya and other senior officials appeared smiling. 

Israeli Prime Minister Benjamin Netanyahu said in a statement, ‘With God’s help, we will bring them all home.’  

Netanyahu added in a statement in Hebrew, translated: ‘A great day for Israel. Tomorrow I will convene the government to approve the agreement and bring all our dear hostages home. I thank the heroic soldiers of the IDF and all the security forces — thanks to their courage and sacrifice we have reached this day. I thank from the bottom of my heart President Trump and his team for mobilizing for this sacred mission of freeing our hostages. With God’s help, together we will continue to achieve all our objectives and expand peace with our neighbors.’

The terrorist organization Hamas announced in an official statement, ‘After responsible and serious negotiations conducted by the movement and the Palestinian resistance factions regarding President Trump’s proposal in Sharm el-Sheikh, with the aim of ending the war of extermination against our Palestinian people and the withdrawal of the occupation from the Gaza Strip, Hamas announces the reaching of an agreement that ends the war on Gaza, provides for the withdrawal of the occupation, allows the entry of aid and implements a prisoner exchange.’ 

‘We greatly appreciate the efforts of the mediators in Qatar, Egypt and Turkey, and thank U.S. President Donald Trump for his efforts to bring about a final end to the war and the full withdrawal of the occupation from the Gaza Strip. We call on President Trump, the guarantor states of the agreement, and all Arab, Islamic and international parties to oblige the government of the occupation to fulfill all the agreement’s commitments, and not to allow it to evade or delay implementation of the accords.’

Trump is now expected to travel to the Middle East Sunday amid continued peace negotiations.

‘I may go there, sometime toward the end of the week. Maybe on Sunday, actually, and we’ll see,’ Trump said Wednesday from the White House as he kicked off a roundtable discussion event focused on the left-wing radical group Antifa. 

‘We have a great team over there, great negotiators, and there are, unfortunately, great negotiators on the other side also,’ Trump added. ‘But it’s something I think that will happen. Got a good chance of happening.’ 

Meanwhile, the government shutdown continued this week, as Senate lawmakers again failed to reach a budget agreement.

Now, senators have left Washington, D.C., and plan to return to Capitol Hill early next week, as Republicans and Democrats in the upper chamber remain in a stalemate.

Lawmakers voted deep into the night Thursday on the 2026 National Defense Authorization Act, which advanced on a largely bipartisan vote. But the $925 billion package, which authorizes funding for the Pentagon, effectively was the last hurrah for the week in the upper chamber.

While there was discussion of putting the House GOP’s continuing resolution (CR), along with congressional Democrats’ counter-proposal, on the floor for one last vote, the plan never came to fruition. Both likely would have failed for an eighth consecutive time.

The president has slammed Democratic leaders for shutting down the government amid one of ‘the most successful economies.’

Trump said he is ‘happy to work with the Democrats on their Failed Healthcare Policies, or anything else, but first they must allow our Government to re-open.’

Senate Minority Leader Chuck Schumer, D-N.Y., and most Democrats say they won’t support funding the government unless Congress agrees to extend expiring Obamacare subsidies.

Meanwhile, the president also saw two of his political foes face federal indictment this week. 

Former FBI Director James Comey appeared in federal court in the Eastern District of Virginia Wednesday morning and pleaded not guilty to two counts of making a false statement in the jurisdiction of the legislative branch and one count of obstructing a congressional investigation related to the Trump–Russia probe.

Comey’s trial is set to begin Jan. 5, 2026.

And Thursday evening, New York Attorney General Letitia James was indicted for mortgage fraud.

A federal grand jury in Virginia charged James with bank fraud and making false statements to a financial institution. The indictment centers on James’ purchase of a home in Norfolk, Virginia. Prosecutors allege she falsely claimed it as a second residence to secure better loan terms before leasing it to tenants. 

James has denied wrongdoing, describing the charges as ‘political retribution.’

‘These charges are baseless, and the president’s own public statements make clear that his only goal is political retribution at any cost,’ James said in a statement.

Lindsey Halligan, the U.S. Attorney for the Eastern District of Virginia, said James faces up to 30 years in prison per count, up to a $1 million fine on each count and forfeiture if she’s convicted.

‘No one is above the law. The charges as alleged in this case represent intentional, criminal acts and tremendous breaches of the public’s trust,’ Halligan said. ‘The facts and the law in this case are clear, and we will continue following them to ensure that justice is served.’

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Here’s a quick recap of the crypto landscape for Friday (October 10) as of 9:00 a.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$121,578, down by 1.6 percent in 24 hours. The cryptocurrency’s lowest valuation of the day was US$119,967, and its highest was US$123,548.

Bitcoin price performance, October 10, 2025.

Chart via TradingView

Bitcoin may be trading near record highs, but one of its most respected on-chain indicators suggests the rally could still have significant room to run possibly as far as US$180,000.

The Mayer Multiple, a long-term metric that compares Bitcoin’s current price to its 200-week moving average, remains well below levels that have historically marked market tops.

“Bitcoin is at all-time highs and the Mayer Multiple is ice cold,” crypto analyst Frank Fetter wrote on X (formerly Twitter). According to Fetter, Bitcoin would need to climb to around US$180,000 before the indicator flashes “overbought” conditions, implying that the current cycle could still have room to expand.

The indicator’s historical context adds weight to that view. During Bitcoin’s 2017 and 2021 peaks, the Mayer Multiple surged well above 2.4, signaling excessive market exuberance before major corrections followed.

This time, the pattern looks different. The Multiple’s highest level in the current cycle—1.84 in March 2024, when Bitcoin neared US$72,000—never approached prior extremes, according to Glassnode data. Analysts see this moderation as a sign of a more sustainable advance.

Despite these encouraging on-chain signals, not everyone is convinced the path higher will be smooth. Short-term traders remain divided on whether Bitcoin can maintain momentum into the final quarter of the year.

Trader Tony “The Bull” Severino argued that Bitcoin may be entering a decisive 100-day window. Writing on X, Severino pointed to the Bollinger Bands indicator on Bitcoin’s weekly chart, which has tightened to levels not seen before. He noted that Bitcoin’s recent inability to hold above US$126,000, after briefly testing the upper band, could signal a short-term pullback before any sustained breakout.

Ether (ETH) also slid after last week’s rally, but has since recovered some of its losses. It was up by 0.7 percent over 24 hours to US$4,365.58. Ether’s lowest valuation on Friday was US$4,285.77, and its highest was US$4,401.99.

Altcoin price update

  • Solana (SOL) was priced at US$222.58, an increase of 1.1 percent over the last 24 hours and its highest valuation of the day. Its lowest valuation on Friday was US$217.57.
  • XRP was trading for US$2.83, trading flat over the last 24 hours. Its lowest valuation of the day was US$2.78, and its highest was US$2.84.

Derivatives trends

The crypto derivatives market saw heavy liquidations over the past 24 hours, totaling roughly US$674 million, according to Coinglass data. Long positions accounted for US$505 million of that amount, while short positions made up US$169 million, marking one of October’s sharpest liquidation waves.

Among major assets, Bitcoin long liquidations reached US$116 million, compared to US$68.22 million in shorts, indicating that overleveraged bullish traders bore the brunt of the latest downturn. Ether long positions were liquidated for US$146 million, against US$34.54 million in shorts, reflecting a similar shakeout of optimistic bets amid heightened volatility.

Despite the sell-off, futures open interest for Bitcoin rose 0.23 percent in the last four hours to US$90.19 billion, suggesting that traders are gradually re-entering positions or maintaining leverage at elevated levels.

Ether futures open interest also ticked up 0.22 percent to US$59.53 billion, showing that market participants remain engaged even after widespread liquidations.

Bitcoin’s relative strength index (RSI) at 72.15 indicates that the asset remains in overbought territory, potentially signaling near-term price swings or corrective moves. Still, the market’s resilience near the US$120,000 level points to continued speculative interest.

Today’s crypto news to know

XRP, DOGE, SOL slip as US$2.7 billion flows into Bitcoin ETFs

Major altcoins faced losses Friday as traders took profits from Bitcoin’s record-breaking rally, even as spot ETF demand remained strong.

Bitcoin briefly dipped to around US$120,000 overnight before stabilizing near US$122,000, while Ether erased its weekly gains with a 2.4 percent drop.

Solana, XRP, Dogecoin, and Cardano each slid up to 3 percent, according to CoinDesk data. Despite the retreat, US-listed Bitcoin ETFs drew US$2.72 billion in inflows this week, highlighting resilient institutional appetite.

The ETF surge underscores Bitcoin’s growing role as a “digital safe-haven,” especially as gold surged above Us$4,000 an ounce. However, a possible pullback to the US$107,000–US$115,000 range could be imminent ahead of the Federal Reserve’s October 29 policy meeting.

EU dismisses ECB’s call for new stablecoin rules

The European Commission said Friday that existing crypto regulations under MiCA are adequate to handle stablecoin risks, pushing back on calls from the European Central Bank for stricter oversight.

According to a Reuters report, the ECB had urged Brussels to introduce new safeguards against “multi-issuance” models, where stablecoins minted outside the EU could be treated as interchangeable with those issued within.

Industry groups, including members like Circle, asked the Commission to formally clarify that multi-issuance is allowed under current rules.

In a statement to Reuters, the Commission said MiCA already provides a “robust and proportionate framework” and that further guidance will be published soon.

The ECB’s main concern is that redemptions from non-EU tokens could drain reserves inside the bloc, posing systemic risks. Stablecoin issuers countered that their reserve structures already mitigate such threats.

Bitcoin ETFs extend Uptober gains as Ethereum products lose momentum

US spot Bitcoin ETFs posted another strong day Tuesday, with US$197.8 million in net inflows, reinforcing Bitcoin’s dominance as institutional investors rotated away from Ethereum products.

Data from SoSoValue showed total Bitcoin ETF assets climbing to US$164.79 billion, representing nearly 7 percent of Bitcoin’s market cap.

BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) led inflows with US$255 million, extending its lead over rivals as total assets surpassed $97 billion. Fidelity Wise Origin Bitcoin Fund (BATS:FBTC) and Grayscale Bitcoin Trust (NYSEARCA:GBTC) saw outflows of US$13 million and US$45 million, respectively.

The renewed demand follows a surge of US$1.19 billion in inflows earlier this week, the highest since July, with BlackRock again accounting for the majority.

Bitcoin has gained over 10 percent in October, peaking at US$126,080 before easing to $121,000. Meanwhile, Ethereum ETFs snapped their eight-day inflow streak with US$8.7 million in withdrawals, reflecting a temporary pause after a strong start to the month.

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

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

This post appeared first on investingnews.com

This week, the technology sector remained the dominant force shaping overall market trends in the US, despite the ongoing complexity of macroeconomic and geopolitical conditions.

The partial US government shutdown continued to delay key economic reports, creating a data vacuum that heightened reliance on soft data like consumer sentiment surveys. Notably, the University of Michigan’s Consumer Sentiment Index held steady at a subdued 55, reflecting persistent concerns about high prices and a challenging labor market.

Meanwhile, Canada reported a surprising gain of 60,400 jobs in September, with employment increases concentrated in full-time positions and manufacturing. The unemployment rate held steady at 7.1 percent, defying expectations and signaling a cautious stabilization after recent job losses.

Investor appetite for AI and related innovation remained high, pushing the Nasdaq Composite (INDEXNASDAQ:.IXIC) and S&P 500 (INDEXSP:.INX) to record or near-record levels midweek. However, ongoing trade frictions between the US and China continue posing risks to semiconductor supply chains and international tech trade flows.

On Friday (October 10), China introduced additional export restrictions on rare earth metals and related refining technologies, expanding controls to five more elements critical for electronics, defense and high-tech industries. US President Donald Trump responded by threatening to escalate tariffs on Chinese imports and warned of the potential cancellation of his upcoming meeting with President Xi Jinping at APEC in South Korea.

The news sent major stock indexes lower, with the S&P 500 seeing its largest decline since tariffs were first announced in April and the Nasdaq Composite losing 3.56 percent. The Philadelphia SE Semiconductor Index led losses, pulling back 6.32 percent.

After a nearly three-year rally fueled by enthusiasm for AI, concerns among analysts and investors about elevated valuations and concentrated exposure in AI-related companies continue to emerge.

The Bank of England’s Financial Policy Committee warned of an increased risk of market correction, particularly in AI-focused tech firms, due to stretched valuations. They noted high market concentration in the S&P 500’s top five companies, many being AI-centric. Disappointing AI adoption or increased competition could trigger a downturn by reassessing high earnings expectations. Bottlenecks in AI advancements also pose valuation risks.

Similarly, IMF Managing Director Kristalina Georgieva warned that AI-fueled global stock prices are overvalued and vulnerable to a sudden correction. She cited weakening job creation and US tariffs as “troubling signs” that could lead to instability and dampen global growth.

Analysts from JPMorgan Chase & Co. (NYSE:JPM) also wrote in a Monday (October 6) note that AI-related debt has reached US$1.2 trillion, making it the largest segment in the investment-grade market. AI companies now represent 14 percent of the high-grade market, exceeding US banks. However, this debt is primarily in investment-grade bonds from companies with strong balance sheets,

This complex interplay of cautious optimism underscores the evolving narratives dominating the tech market.

Three tech stocks that moved markets this week

1. Advanced Micro Devices (NASDAQ:AMD)

AMD’s stock opened over 31 percent higher on Monday after announcing a multi-year deal to supply up to 6 gigawatts of AI chips to OpenAI, starting with its MI450 series in the second half of 2026.

The company extended its gains on Tuesday (October 7) after Jefferies upgraded the stock rating to “buy” as other brokerages hiked their price targets. The news helped temper losses seen throughout the tech sector as trade tensions escalated on Friday.

The partnership grants OpenAI warrants to acquire up to 160 million shares of AMD, representing around 10 percent ownership upon achieving deployment milestones. This deal positions AMD as a major AI hardware supplier and represents a challenge to Nvidia’s dominance in the sector.

2. Intel (NASDAQ:INTC)

Intel shares jumped as much as 3.05 percent on Friday after the company unveiled its Panther Lake architecture, the first PC processor built on its advanced 18A semiconductor manufacturing process, with high-volume production beginning later this year at its Fab 52 facility in Arizona.

Panther Lake is set to significantly enhance power efficiency and performance, delivering an anticipated 50 percent increase in CPU and GPU capabilities compared to earlier generations. This chip is designed for premium laptops and is central to Intel’s plan to re-establish its leadership in semiconductor manufacturing within the US.

Intel also previewed its first 18A-based server processor, Clearwater Forest, slated for release in the first half of 2026. Panther Lake is scheduled for commercial availability in early 2026, coinciding with major consumer electronics shows.

3. Tesla (NASDAQ:TSLA)

Tesla released the long-awaited lower-priced versions of the Model Y and Model 3 on Tuesday, with the Model Y Standard starting at US$39,990.

After an initial rally on Monday following a weekend teaser of the announcement, shares fell by as much as 4.57 percent after an underwhelming reaction to modest price cuts and the vehicles’ lack of key features present in the pricier models.

The company also reportedly paused large-scale production of its humanoid robot Optimus due to technical difficulties and faced a new preliminary safety investigation by the NHTSA into its Full Self-Driving system, covering nearly 2.9 million vehicles amid reports of traffic law violations.

Company announcements helped Intel and AMD weather sector-wide losses on Friday

Chart courtesy of Google Finance

ETF performance

This week, the iShares Semiconductor ETF (NASDAQ:SOXX) only declined by about 6.27 percent, while the Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) pulled back by approximately 6.49 percent.

For its part, the VanEck Semiconductor ETF (NASDAQ:SMH) only lost 5.86 percent.

These losses occurred against a backdrop of heightening trade tensions between tech’s two largest markets.

Other tech market news

            Tech news to watch next week

            Next week, investors will be closely monitoring a slate of important earnings reports from leading financial and technology companies, including JPMorgan Chase, Bank of America Corp (NYSE:BAC), Goldman Sachs (NYSE:GS), Morgan Stanley (NYSE:MS), IBM, Intel and Tesla.

            Additionally, the US government’s shutdown resolution or extension will affect the release of vital economic data, influencing market sentiment and investment strategies.

            On the policy front, investors should watch for Federal Reserve communications for clues on interest rate directions, as well as progress in US-China trade negotiations, which will undoubtedly define the near-term trajectory of the tech market.

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

            This post appeared first on investingnews.com