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Passing President Donald Trump’s agenda was a team effort between the Senate and House, but one Senate Republican was key in smoothing over differences between the two chambers.

‘There’s an inherent mistrust between senators and representatives,’ Sen. Markwayne Mullin, R-Okla., told Fox News Digital in an interview. ‘There’s a deep, deep mistrust, and it’s like we’re playing shirts and skins with our own team.’

‘And trying to break down that barrier and let people know, ‘Hey, we’re all on the same team,’ is a little tougher than what people think,’ he continued.

House Republicans were dead set on crafting one, colossal package, while Senate Republicans preferred splitting the bill into two — even three — pieces. Then there were disagreements over the depth of spending cuts, changes to Medicaid and carveouts to boost the cap on the State and Local Tax Deduction (SALT).

And while the House GOP worked to craft their version of the massive, $3.3 trillion tax cuts and spending package that eventually made its way to the Senate, Mullin was a crucial figure in bridging the roughly 100-yard gap between both sides of the Capitol.

But it’s a job he never really wanted.

Mullin, who has been in Washington for over a decade, got his start in the House before being elected to the Senate in 2021. He wanted to maintain ‘lifelong friendships’ with his House colleagues, but becoming the de facto liaison between the chambers was more a decision of practicality than one he truly desired.

‘The first couple of deputy whip meetings we had when [Senate Majority Leader John Thune] was whip was discussing what the House is going to do, and no one knew,’ Mullin said. ‘And I was like, ‘Man, it’s just down the hall, we can go walk and talk to them.’ So the first time I did that, I went to the [House GOP] conference and just talked.’

‘And then it just turned into me going to Thune and saying, ‘Hey, why don’t I just become a liaison between the two?’ So I didn’t, I never envisioned of doing that, other than just keeping a relationship, but it was a natural fit,’ he continued.

That role began when former House Speaker Kevin McCarthy, who Mullin had a longstanding relationship with, led the House GOP, and has continued since House Speaker Mike Johnson, R-La., took the helm in 2023.

And it paid dividends during the six-month slog to draft and pass Trump’s budget reconciliation bill, which required full buy-in from congressional Republicans to do so given that no Democrats were involved in the process.

Markwayne said that before the bill even made it to the Senate in early June, he played a role in ensuring that House Republicans didn’t ‘dump a ton of stuff in there’ that would be nixed by Senate rules.

He effectively ping-ponged back and forth between the chambers, jetting from morning workouts to speak with lawmakers, meeting with House Republicans during their weekly conference confabs or holding smaller discussions with lawmakers, particularly blue state Republicans concerned about changes to SALT, to get everyone on roughly the same page.

Much of it broke down to explaining how the Senate’s Byrd rule, which governs reconciliation and allows either party to skirt the Senate filibuster to pass legislation, worked.

‘I mean, even though I spent 12 or 10 years in the House, I never understood the Byrd rule, but why would I? I didn’t have to deal with it,’ he said. ‘So really getting to understand that, and breaking down that barrier helped.’

The flow of information wasn’t just one way, however. His discussions with House Republicans helped him better inform his colleagues in the upper chamber of their priorities, and what could and couldn’t be touched as Senate Republicans began putting their fingerprints on the bill.

SALT was the main issue that he focused on, and one that most Senate Republicans didn’t care much for. Still, it was a make-or-break agreement to raise the caps, albeit temporarily, to $40,000 for single and joint filers for the next five years, that helped seal the deal for anxious blue state House Republicans.

‘Just keeping them informed through the process was very important,’ he said. ‘But at the same time, talking to the House, and when we’re negotiating over here, I’d be like, ‘No guys, that’s a killer,’’ he said. ‘We can’t do that if you, if you touch this, it’s dead over there for sure. Guaranteed, it’s dead.’

Over time, his approach to the role has changed, an evolution he said was largely influenced by Thune.

A self-described ‘bull in a China cabinet,’ Mullin said that for a time his negotiating style was arguing with lawmakers to convince them ‘why you’re wrong.’ But that style softened after watching Thune, he said, and saw him talking less and listening more.

‘I took his lead off of it to let people talk,’ he said. ‘Sometimes you’re going to find out that they’re actually upset about something that had nothing to do with the bill, but they’re taking that, and they’re holding the bill hostage to be able to let this one point be heard.’

‘I don’t think it was a good indication that we were butting heads. Everybody was very passionate about this. I mean, they’ve been working for a long time. We looked at it as maybe a once in a generation opportunity for us to be able to get this done,’ he continued. ‘We wanted to get it right, but everybody wanted to have their fingerprint on it and at the end of the day, we knew we [had] to bring it to the floor.’

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House Republicans are calling for more scrutiny on the roughly 1,500 commutation orders signed by President Joe Biden toward the end of his term after revelations that an autopen was used for a significant number of them.

‘Americans deserve accountability of their leaders. If an autopen was used to pardon hundreds of people, thousands of people, including the president’s son, who made that decision? Was it Joe Biden? Or was it some staffer that used an autopen?’ Ways & Means Committee Chair Jason Smith, R-Mo., said in a brief interview with Fox News Digital.

The New York Times reported earlier this month that autopen signatures were used on clemency orders in the last few months of Biden’s White House tenure.

Biden told the outlet he made ‘every decision,’ and the report details a meticulous process from Biden making his decision to that decision being recorded by aides and passed through a chain of email communication – suggesting the then-president had final signoff.

But the report notes, ‘The Times has not seen the full extent of the emails, so it is impossible to capture the totality of information they contain or what else they might show about Mr. Biden’s involvement in the pardon and clemency decisions.’

Rep. Mark Messmer, R-Ind., suggested pardon decisions carried out in the late hours of the day should be looked at in particular.

‘I think we need to highly scrutinize the use of autopen signatures that were initiated at 10.45 p.m., well beyond the president’s normal day of cognitive activity, need to be brought into question,’ Messmer said.

The report noted one instance where the final word on a particular set of clemency orders was sent just after 10:30 p.m.

The Times had reported in July 2024, before he dropped out of the presidential race, that Biden said he would stop scheduling events after 8 p.m. due to the need for sleep.

Rep. Brandon Gill, R-Texas, argued lawmakers need more information on who was in control of those signatures for public trust.

‘What people want is accountability. They want to know that what was done in the name of our president who was elected, that he actually bears responsibility for that,’ Gill said.

Another lawmaker suggested courts should even look at nullification.

‘Maybe some of the pardons and things like that can be rolled back,’ Rep. John McGuire, R-Va., said. ‘We’ll leave it to the courts to figure that out.’

Rep. Andrew Cylde, R-Ga., went a step further: ‘That has to be corrected. It has to be investigated. And those people, really, in my opinion, should be prosecuted for stepping outside the bounds of the Constitution.’

The House Oversight Committee, led by Chair James Comer, R-Ky., is already investigating the Biden administration’s use of autopen and whether former top White House aides concealed evidence of the then-president’s mental decline.

Ex-White House Chief of Staff Ronald Klain is the latest person expected to appear before House investigators, with a voluntary transcribed interview scheduled for Thursday morning.

Democratic allies of Biden have blasted the probe as a political spectacle rather than an honest fact-finding mission.

But all the Republican lawmakers who spoke with Fox News Digital argued to at least some extent that Americans want accountability, though some suggested it would be beneficial to focus efforts on the future.

‘I have to balance my thoughts on this. I think that, you know, it’s good to know what happened, to keep it from happening…but on the other hand, I really want to be focused on the future,’ said Rep. Troy Downing, R-Mont. ‘But I will tell you, the speculation – although I obviously don’t know 100% what’s true or not – I think the speculation is very probable, just seeing who Biden was at the end of his tenure and knowing that that didn’t happen overnight.’

Rep. Blake Moore, R-Utah, vice chair of the House GOP Conference, told Fox News Digital, ‘As far as the previous administration, what’s done is done, but it’s also good to highlight to the American people, okay, you were in some cases lied to.’

Notably, autopen is a standard and legal practice that’s been used by officials in many past cases, including by President Donald Trump. House investigators are looking into whether Biden really made the final sign-off himself on key decisions, however.

The office of former president Joe Biden was contacted for comment.

This post appeared first on FOX NEWS

The Justice Department has formed a ‘strike force’ to assess the evidence publicized by Director of National Intelligence Tulsi Gabbard relating to former President Barack Obama and his top national security and intelligence officials’ alleged involvement in the origins of the Trump–Russia collusion narrative.

The Department of Justice (DOJ), Wednesday evening, announced the formation of the ‘strike force,’ to investigate potential next legal steps which may stem from Gabbard’s recent declassification of records suggesting that Obama administration officials ‘manufactured’ intelligence to form the narrative that then-candidate Donald Trump was colluding with Russia to influence the 2016 presidential election.

Justice Department officials told Fox News Digital that the DOJ takes the alleged weaponization of the intelligence community with ‘the utmost seriousness.’

A source familiar with the strike force told Fox News Digital that everything is being reviewed and that no serious lead is off the table.

The source told Fox News Digital that the National Security Division of the Justice Department will ‘likely be involved in the investigation.’ 

‘The Department of Justice is proud to work with my friend Director Gabbard and we are grateful for her partnership in delivering accountability for the American people,’ Attorney General Pam Bondi said.

‘We will investigate these troubling disclosures fully and leave no stone unturned to deliver justice,’ she said.

The strike force consists of teams made up of investigators and prosecutors that focus on ‘the worst offenders engaged in fraudulent activities, including, chiefly, health care fraud, wire fraud, mail fraud, bank fraud, money laundering offenses, false statements offenses,’ and more, according to the DOJ.

The formation of the strike force comes after a slew of developments related to the origins of the Trump–Russia investigation.

Earlier in July, CIA Director John Ratcliffe sent a criminal referral for former CIA Director John Brennan to the FBI.

The referral came after Ratcliffe declassified a ‘lessons learned’ review of the creation of the 2017 Intelligence Community Assessment (ICA). The 2017 ICA alleged Russia sought to influence the 2016 presidential election to help then-candidate Trump. But the review found that the process of the ICA’s creation was rushed with ‘procedural anomalies,’ and that officials diverted from intelligence standards. 

It also determined that the ‘decision by agency heads to include the Steele Dossier in the ICA ran counter to fundamental tradecraft principles and ultimately undermined the credibility of a key judgment.’ 

The dossier — an anti-Trump document filled with unverified and wholly inaccurate claims that was commissioned by Fusion GPS and paid for by Democrat presidential candidate Hillary Clinton’s campaign and the DNC — has been widely discredited. The review marks the first time career CIA officials have acknowledged politicization of the process by which the ICA was written, particularly by Obama-era political appointees. 

Records declassified as part of that review further revealed that Brennan did, in fact, push for the dossier to be included in the 2017 ICA.

FBI Director Kash Patel received the criminal referral and opened an investigation into Brennan.

Patel also opened a criminal investigation into former FBI Director James Comey.

The full scope of the criminal investigations into Brennan and Comey is unclear, but two sources described the FBI’s view of the duo’s interactions as a ‘conspiracy,’ which could open up a wide range of potential prosecutorial options. 

The FBI and CIA declined to comment.

Neither Brennan nor Comey immediately responded to Fox News Digital’s request for comment.

Days later, Gabbard declassified documents revealing ‘overwhelming evidence’ that demonstrated how, after Trump won the 2016 election against Clinton, then-President Obama and his national security team laid the groundwork for what would be the yearslong Trump–Russia collusion probe.

Gabbard said the documents revealed that Obama administration officials ‘manufactured and politicized intelligence’ to create the narrative that Russia was attempting to influence the 2016 presidential election, despite information from the intelligence community stating otherwise.

The new documents name Obama, top officials in his National Security Council, then-Director of National Intelligence James Clapper, then-CIA Director Brennan, then-National Security Advisor Susan Rice, then-Secretary of State John Kerry, then-Attorney General Loretta Lynch, and then-Deputy FBI Director Andrew McCabe, among others.

Gabbard, on Monday, sent a criminal referral to the Justice Department related to those findings. DOJ officials did not share further details on whom the criminal referral was for.

And on Wednesday, Gabbard declassified documents that showed that the intelligence community did not have any direct information that Russian President Vladimir Putin wanted to help elect Trump during the 2016 presidential election, but, at the ‘unusual’ direction of Obama, published ‘potentially biased’ or ‘implausible’ intelligence suggesting otherwise.

That information came from a report prepared by the House Permanent Select Committee on Intelligence back in 2020.

The report, which was based on an investigation launched by former House Intelligence Committee Chairman Devin Nunes, R-Calif., was dated Sept. 18, 2020. At the time of the publication of the report, Rep. Adam Schiff, D-Calif., was the chairman of the committee.

The report has never before been released to the public, and instead, has remained highly classified within the intelligence community.

Meanwhile, Fox News Digital, in 2020, exclusively obtained the declassified transcripts of Obama-era national security officials’ closed-door testimonies before the House Intelligence Committee, in which those officials testified that they had no ’empirical evidence’ of a conspiracy between the Trump campaign and Russia in the 2016 election, but continued to publicly push the ‘narrative’ of collusion.

The House Intelligence Committee, in 2017, conducted depositions of top Obama intelligence officials, including Clapper, Rice and Lynch, among others.

The officials’ responses in the transcripts of those interviews align with the results of former Special Counsel Robert Mueller’s investigation — which found no evidence of criminal coordination between the Trump campaign and Russia in 2016, while not reaching a determination on obstruction of justice.

The transcripts, from 2017 and 2018, revealed top Obama officials were questioned by House Intelligence Committee lawmakers and investigators about whether they had or had seen evidence of such collusion, coordination or conspiracy — the issue that drove the FBI’s initial case and later the special counsel probe.

‘I never saw any direct empirical evidence that the Trump campaign or someone in it was plotting/conspiring with the Russians to meddle with the election,’ Clapper testified in 2017. ‘That’s not to say that there weren’t concerns about the evidence we were seeing, anecdotal evidence…. But I do not recall any instance where I had direct evidence.’

Lynch also said she did ‘not recall that being briefed up to me.’

‘I can’t say that it existed or not,’ Lynch said, referring to evidence of collusion, conspiracy or coordination.

But Clapper and Lynch, and then Vice President Joe Biden, were present in the Oval Office July 28, 2016, when Brennan briefed Obama and Comey on intelligence he’d received from one of Clinton’s campaign foreign policy advisors ‘to vilify Donald Trump by stirring up a scandal claiming interference by the Russian security service.’ 

‘We’re getting additional insight into Russian activities from (REDACTED),’ read Brennan’s handwritten notes, exclusively obtained by Fox News Digital in October 2020. ‘CITE (summarizing) alleged approved by Hillary Clinton a proposal from one of her foreign policy advisers to vilify Donald Trump by stirring up a scandal claiming interference by the Russian security service.’

Meanwhile, former U.S. Ambassador to the United Nations Samantha Power, according to the transcript of her interview to the House Intelligence Committee, was asked whether she had or saw any evidence of collusion or conspiracy.

Power replied: ‘I am not in possession of anything — I am not in possession and didn’t read or absorb information that came from out of the intelligence community.’

When asked again, she said: ‘I am not.’

Rice was asked the same question.

‘To the best of my recollection, there wasn’t anything smoking, but there were some things that gave me pause,’ she said, according to her transcribed interview, in response to whether she had any evidence of conspiracy. ‘I don’t recall intelligence that I would consider evidence to that effect that I saw… conspiracy prior to my departure.’

When asked whether she had any evidence of ‘coordination,’ Rice replied: ‘I don’t recall any intelligence or evidence to that effect.’

Meanwhile, former FBI Deputy Director McCabe was not asked that specific question but rather questions about the accuracy and legitimacy of the unverified anti-Trump dossier compiled by ex-British intelligence officer Christopher Steele.

McCabe was asked during his interview in 2017 what was the most ‘damning or important piece of evidence in the dossier that’ he ‘now knows is true.’

McCabe replied: ‘We have not been able to prove the accuracy of all the information.’

‘You don’t know if it’s true or not?’ a House investigator asked, to which McCabe replied: ‘That’s correct.’

After Trump’s 2016 victory and during the presidential transition period, Comey briefed Trump on the now-infamous anti-Trump dossier, containing salacious allegations of purported coordination between Trump and the Russian government. Brennan was present for that briefing, which took place at Trump Tower in New York City in January 2017.

The dossier was authored by Steele. It was funded by Clinton’s presidential campaign and the Democratic National Committee through the law firm Perkins Coie.

But Brennan and Comey knew of intelligence suggesting Clinton, during the campaign, was stirring up a plan to tie Trump to Russia, documents claim. It is unclear whether the intelligence community, at the time, knew that the dossier was paid for by Clinton and the DNC.

The Obama-era officials have been mum on the new revelations, but a spokesman for Obama on Tuesday made a rare public statement.

‘Out of respect for the office of the presidency, our office does not normally dignify the constant nonsense and misinformation flowing out of this White House with a response,’ Obama spokesman Patrick Rodenbush said in a statement. ‘But these claims are outrageous enough to merit one.’ 

‘These bizarre allegations are ridiculous and a weak attempt at distraction,’ Obama’s spokesman continued. ‘Nothing in the document issued last week undercuts the widely accepted conclusion that Russia worked to influence the 2016 presidential election but did not successfully manipulate any votes.’

He added: ‘These findings were affirmed in a 2020 report by the bipartisan Senate Intelligence Committee, led by then-Chairman Marco Rubio.’ 

This post appeared first on FOX NEWS

A senior former Biden administration official arrived on Capitol Hill for a closed-door interview with House investigators on Thursday.

Ronald Klain served as former President Joe Biden’s chief of staff in the first half of his term, from the beginning of his term in January 2021 until early February 2023.

He did not answer shouted questions from reporters before disappearing for his voluntary transcribed interview with the House Oversight Committee.

Committee Chair James Comer, R-Ky., is investigating whether Biden’s top White House aides concealed signs of mental decline in the then-president, and if that meant executive actions were signed via autopen without his knowledge.

‘I think he’ll be forthcoming. I mean, he’s at the top of the organizational chart for the Biden administration,’ Comer told reporters on his way into the closed-door deposition. ‘I think everyone in America is wondering whether or not Joe Biden was mentally fit to be President of the United States, especially during the last six months of his administration.’

Reps. Andy Biggs, R-Ariz., and Ro Khanna, D-Calif., were also seen entering the room for the interview, which is expected to be staff-led.

Biden maintained he ‘made every decision’ in a recent interview with The New York Times.

Klain is the sixth ex-White House official to appear as part of Comer’s probe, and the third to appear on voluntary terms.

Former White House physician Kevin O’Connor, as well as senior advisors Annie Tomasini and Anthony Bernal, all appeared under subpoena.

Each also pleaded the Fifth Amendment to avoid answering questions.

Ex-staff secretary Neera Tanden and longtime Biden advisor Ashley Williams both appeared for voluntary transcribed interviews, like Klain.

Both of their interviews lasted over four hours, though House GOP investigators appear to have gleaned little new information.

Before serving as Biden’s chief of staff, Klain worked in the same capacity when the Delaware Democrat was vice president during the Obama administration.

He also served as a top advisor on Biden’s 2020 presidential campaign.

Most critical to investigators, perhaps, is the prominent role Klain reportedly played in preparing Biden for his disastrous June 2024 debate against now-President Donald Trump.

Rep. Eric Burlison, R-Mo., a member of the Oversight Committee, shared some of the information he hoped would be gleaned from Klain’s sitdown.

‘Did you ever see a question of cognitive ability in the president? Were you aware that he was not making these decisions? Was he being led?’ Burlison asked.

Fox News Digital’s Deirdre Heavey contributed to this report.

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Sen. John Fetterman may be a Democrat, but on the issue of banning cashless-only businesses, he’s 100% right – and every small business owner, working-class American and financial realist should take note.

As a financial planner and entrepreneur, I’ve seen how pushing the U.S. toward a fully cashless society doesn’t just inconvenience people – it hurts them. It widens the wealth gap, excludes millions from daily commerce and puts Main Street businesses at a competitive disadvantage.

When Fetterman says, ‘It’s simple – it’s legal tender. If you accept money, you have to accept all money,’ he’s not just making a populist statement. He’s standing up for every American who gets punished simply for trying to pay with the money they earned.

Let’s look at the numbers:

  • 5.9 million U.S. households are unbanked (FDIC).
  • 18.7 million more are underbanked, relying on check cashers, prepaid cards and money orders.
  • 13% of Americans use cash for all or most purchases.
  • Nearly 40% of Americans couldn’t cover a $400 emergency.

When a store refuses cash, it’s essentially telling millions of people – especially seniors, low-income earners and minorities – that their money isn’t welcome.

As the Pennsylvania senator put it, ‘We can’t let stores discriminate against people just because they don’t have a credit card or a smartphone.’

This push toward a cashless economy is driven by tech elites who assume everyone has digital access.  Aren’t you sick and tired of the guilt tipping button that now asks you for 20 or 25 or 30% tip with a server watching over you to see what you are going to give them. But this isn’t Silicon Valley – it’s America. Here, you should be able to buy lunch or medicine with a few bucks in your pocket.

And for many Americans, cash isn’t optional – it’s essential.

As someone who works with business owners every day and having owned a concrete driveway installation company, I can tell you, going cashless is bad for business. Here’s why:

  1. Swipe Fees Eat MarginsEvery card transaction costs businesses 1.5% to 3.5%. On tight margins, that’s real money – especially in food, retail and service sectors.
  2. Fewer Impulse BuysStudies show people are more thoughtful when using cash. That’s good for consumers – and helps prevent overreliance on credit.
  3. System Outages Kill SalesWhen the power goes out or internet fails – like during the 2021 Texas storm – only businesses accepting cash could stay open. In emergencies, cash is king.
  4. Customer LossMany older adults and working-class families still use cash daily. Turning them away is just bad business.

Every digital transaction is tracked. Your location, purchases and habits are cataloged and monetized by Big Tech and banks.

Cash, on the other hand, protects privacy. No monthly statements, no tracking, no algorithms.

The more we give up cash, the more control we give away – to institutions that charge fees, track behavior and limit access.

Cities like Philadelphia, San Francisco and New York have already banned cashless-only retail. It’s time to go national.

Fetterman’s proposed federal law would:

  • Require all physical stores to accept U.S. currency.
  • Impose penalties on violators.
  • Allow exceptions for online-only or high-security federal locations.

It’s not about resisting innovation – it’s about ensuring inclusion. Legal tender should mean what it says: legal for all debts, public and private.

Once we lose cash, we lose a piece of our freedom. We become more dependent on banks, apps and companies that profit off our transactions and control access to our own money.

Fetterman nailed it: ‘We’re going to keep pushing until every American – regardless of income – can walk into a store and buy what they need with a few bucks in their pocket.’

He’s right. And if we care about fairness, privacy and keeping Main Street open to all, we need to get behind him.

Because cash isn’t just currency. It’s economic liberty – and it’s worth protecting.

This post appeared first on FOX NEWS

Oil prices fell sharply during the second quarter, after reaching year-to-date highs early in the year.

Between January and the end of June, Brent shed 18.26 percent from US$81.69 to US$66.77. West Texas Intermediate made a similar decline falling 16.94 percent from US$78.86 to US$65.50, over the same time period.

The contraction was largely attributed to OPEC+ easing production cuts and increasing output.

Global supply was further bolstered by China’s strong import volumes and rising domestic output, giving refiners room to delay purchases and adding to a mild US inventory build, both of which added downward pressure.

Conversely, seasonal demand from the US summer driving season and solid Q2 GDP growth in China offered some support.

Despite that backdrop, the five top-performing oil and gas stocks on the TSX and TSXV have seen share price growth over Q2 2025. All year-to-date performance and share price data was obtained on July 16, 2025, using TradingView’s stock screener, and oil and gas companies with market caps above C$10 million at that time were considered.

1. Falcon Oil & Gas (TSXV:FO)

Year-to-date gain: 43.75 percent
Market cap: C$127.55 million
Share price: C$0.115

Headquartered in Dublin, Ireland, Falcon Oil & Gas is an international oil and gas company incorporated in BC, Canada. The company specializes in the exploration and development of unconventional oil and gas assets, with interests in assets in Australia, South Africa and Hungary.

On January 24, Falcon issued its first corporate update of 2025, announcing the launch of a well stimulation campaign for two wells for the Shenandoah South pilot project in the Beetaloo Sub-Basin, located in Australia’s Northern Territory.

The company has a 22.5 interest in the Beetaloo joint venture, with Tamboran Resources (NYSE:TBN,ASX:TBN) owning the remaining 77.5 percent.

Falcon’s share price spiked several times in June, reaching a year-to-date high of C$0.14 on June 17, which it maintained through late June. The stock movement coincided with Beetaloo updates, including “stellar” flow test results on June 17.

“The IP30 flow rate results announced today of 7.2 million cubic feet per day (MMcf/d), are truly stellar and marks another major data point in the Beetaloo Sub-basin again demonstrating that it compares to the best shale wells in the United States,” CEO Philip O’Quigley wrote in the press release.

2. Imperial Oil (TSX:IMO)

Year-to-date gain: 25.67 percent
Market cap: C$57.37 billion
Share price: C$112.70

Calgary-based Imperial Oil is a prominent Canadian energy company involved in the exploration, production, refining and marketing of petroleum products. With a history spanning over 140 years, Imperial operates diverse assets across Canada, including oil sands, conventional crude oil and natural gas assets.

On January 31, Imperial released its Q4 2024 results, reporting an estimated net income of C$1.23 billion in Q4 2024, slightly down from C$1.24 billion in Q3. The decline was attributed to lower price realizations, partly offset by higher production and improved refinery utilization in the Downstream segment.

On May 2, the company announced a Q2 2025 dividend of C$0.72 payable on July 1.

Imperial shares reached a year-to-date high of C$113.05 on July 13. The rally occurred after Scotiabank raised its share price target for Imperial from C$100 to C$110 on July 11, citing stronger refining margins and earnings outlook.

3. MEG Energy (TSX:MEG)

Year-to-date gain: 10.07 percent
Market cap: C$6.7 billion
Share price: C$26.35

MEG is an energy company solely focused on in-situ thermal oil production in the southern Athabasca oil region of Alberta, Canada. Utilizing innovative enhanced oil recovery projects, including steam-assisted gravity drainage extraction methods, the company aims to increase oil recovery responsibly while reducing carbon emissions.

In mid-May, Strathcona Resources (TSX:SCR) made an unsolicited C$4.1 billion offer for MEG, a move company executives quickly denounced.

In a subsequent press release on June 16, MEG called the offer “inadequate, opportunistic, and NOT in the best interests of MEG or its shareholders.”

Chairman of the Board James McFarland stated in the release, ‘A combination with Strathcona would expose shareholders to inferior assets and significant capital markets risks, including a C$6 billion overhang resulting from Waterous Energy Fund’s 51 percent ownership in the combined company.”

MEG has launched a strategic review and welcomed alternative bids from other companies.

Shares of MEG rose to a year-to-date high of C$26.14 on June 20, on the heels of the statement and alongside news that operations at the company’s Christina Lake operations in Alberta would resume at full capacity following wildfire interruptions.

4. Headwater Exploration (TSX:HWX)

Year-to-date gain: 3.75 percent
Market cap: C$1.65 billion
Share price: C$6.92

Headwater Exploration is a Canadian oil and gas company focused on developing high-quality assets in Alberta’s Clearwater play and low-decline natural gas in New Brunswick’s McCully Field.

In March, Headwater reported strong 2024 results, with annual production up 13 percent year-over-year to 20,310 barrels of oil equivalent per day (boe/d) and net income rising 20 percent to C$188 million.

Headwater released its Q1 2025 results and a company update in May, highlighting the receipt of TSX approval for a normal course issuer bid, allowing it to repurchase up to 10 percent of its public float over the next year.

Additionally the company reported record production of 22,066 boe/d during Q1 and adjusted funds flow of C$92.4 million. Net income for the period came in at C$50 million. The company declared a quarterly dividend of C$0.11 per share during Q1 and ended the quarter with no debt and C$63.6 million in adjusted working capital.

Company shares spiked to a year-to-date high of C$7.43 on January 9, and reached a Q2 high of C$7.22 on June 19, which coincided with a broader surge in the oil market.

5. Athabasca Oil (TSX:ATH)

Year-to-date gain: 3.72 percent
Market cap: C$2.84 billion
Share price: C$5.57

Athabasca Oil is focused on developing thermal and light oil assets within Alberta’s Western Canadian Sedimentary Basin. The company has established a substantial land base with high-quality resources. Its light oil operations are managed through its private subsidiary, Duvernay Energy, in which the company holds a 70 percent equity interest.

On March 5, Athabasca Oil released its 2024 year end results, highlighting strong production and significant cash flow increases. The company averaged 36,815 boe/d during 2024, marking a 7 percent year-over-year increase.

Its Q1 2025 results released on May 7 reported further production growth, with average petroleum and natural gas production of 37,714 boe/d and average thermal oil output of 34,742 barrels per day.

Athabasca Oil generated C$130 million in adjusted funds flow and C$71 million in free cash flow. The company returns capital to shareholders through annual share buybacks, and at the time of the release, it had completed C$94 million in buybacks since the start of 2025.

Broad market positivity in mid-June pushed shares of Athabasca Oil to a year-to-date high of C$6.16 on June 20.

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

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Here’s a quick recap of the crypto landscape for Wednesday (July 23) as of 9:00 p.m. UTC.

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

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$118,148, down by 0.7 percent over the last 24 hours. Its highest valuation on Wednesday was US$118,462, while its lowest valuation was US$117,583.

Bitcoin price performance, July 23, 2025.

Chart via TradingView.

Bitcoin traded lower over the past 24 hours, hovering between $117,000 and $120,000 amid several market pressures.

A major whale moved over US$1.2 billion in dormant BTC, sparking speculation of potential selling.

After a rotation into altcoins, investors took profits following recent highs, while outflows from spot exchange-traded funds (ETFs) signaled weaker institutional demand.

Ethereum (ETH) was priced at US$3,592.65, down by 1.9 percent over the past 24 hours. Its lowest valuation as of Wednesday was US$3,568.86, and its highest was US$3,657.02.

Altcoin price update

  • Solana (SOL) was priced at US$188.86, down by 5.5 percent over 24 hours. Its lowest valuation on Wednesday was US$186.95, and its highest was US$192.58.
  • XRP was trading for US$3.25, down 8.9 percent in the past 24 hours. Its lowest valuation of the day was US$3.18, and its highest valuation was US$3.36.
  • Sui (SUI) is trading at US$3.70, down 5.5 percent over the past 24 hours. Its lowest valuation of the day was US$3.67, and its highest was US$3.84.
  • Cardano (ADA) was trading at US$0.8152, down by 6.9 percent over 24 hours. Its lowest valuation on Wednesday was US$0.8058, and its highest was US$0.8370.

Today’s crypto news to know

PNC Bank and Coinbase partner to advance digital asset solutions

PNC Bank and Coinbase Global (NASDAQ:COIN) have announced a strategic partnership to broaden access to digital asset solutions for PNC’s clients and institutional investors.

The collaboration will leverage Coinbase’s crypto-as-a-service platform, enabling PNC to offer secure and scalable cryptocurrency access. PNC clients will be able to buy, hold and sell cryptocurrencies directly through PNC’s platform.

PNC will also provide essential banking services to Coinbase, signifying a mutual commitment to strengthening the digital financial system. Both companies emphasize that this partnership will meet the increasing demand for secure and streamlined digital asset access.

Goldman Sachs and BNY to launch tokenized money market funds

Goldman Sachs (NYSE:GS) and BNY (NYSE:BK) are preparing to offer institutional investors access to tokenized money market funds, aiming to enhance capital markets with real-time settlement, 24/7 access and increased efficiencies.

BNY clients will soon be able to invest in money market funds with ownership recorded on Goldman Sachs’ private blockchain, as per a Wednesday news release.

“As the financial system transitions toward a more digital, real-time architecture, BNY is committed to enabling scalable and secure solutions that shape the future of finance,” said Laide Majiyagbe, global head of liquidity, financing and collateral at BNY, adding that mirrored tokenization of money market funds is the first step.

This initiative involves major players such as BlackRock (NYSE:BLK), Fidelity Investments, Federated Hermes and the asset management divisions of Goldman and BNY.

Tokenized money market funds offer a contrast to interest-bearing stablecoins, which are specifically prohibited under the GENIUS Act, which was signed into law last week. They provide yield, which makes them a low-volatility tool for hedge funds, pensions and corporations.

SEC halts Bitwise crypto index ETF conversion for review

On Tuesday (July 22), the US Securities and Exchange Commission’s (SEC) Division of Trading and Markets approved the Bitwise 10 Crypto Index to convert to an ETF, only to immediately pause it for review.

In a letter issued later that day, SEC Assistant Secretary Sherry Haywood said that the order will remain “stayed until the Commission orders otherwise.” Bloomberg ETF analyst Eric Balchunas has suggested that the SEC might be delaying its approval until it establishes a listing standard for crypto ETFs.

Bitwise had applied for this conversion in November for its fund, which offers exposure to a range of cryptocurrencies.

Nate Geraci, president of NovaDius Wealth Management, described the situation as “bizarre,” drawing parallels to the Grayscale Digital Large Cap ETF conversion, which experienced a similar approval and subsequent pause on July 1.

Bitcoin millionaires surge by 16,000 in 2025, according to report

Nearly 16,000 new Bitcoin wallets have crossed the million-dollar threshold since Donald Trump assumed the presidency in January 2025, according to a Finbold report. The number of Bitcoin millionaires is up from 132,842 in November 2024 to 192,205 as of July 20, marking a 45 percent increase in just eight months.

Large holders with over US$10 million in BTC also saw gains exceeding 16 percent in the same period.

The surge has been linked to renewed investor optimism following Trump’s re-election, along with clear signals of regulatory support and clarity for digital assets.

A significant boost came this week when the US House passed the Genius Act. The legislation, expected to streamline compliance for institutions, is widely seen as the most comprehensive federal crypto framework to date.

The rapidly changing policy environment has encouraged capital inflows and bolstered confidence in US-based crypto markets, with the resulting daily average tallying to 88 new Bitcoin millionaires in 2025 alone.

South Korea warns fund managers to reduce exposure to crypto stocks

South Korea’s Financial Supervisory Service (FSS) has issued informal warnings to asset managers over their exposure to crypto-related stocks and ETFs. According to the Korea Herald, firms with significant holdings in US-listed crypto companies such as Coinbase and Strategy (NASDAQ:MSTR) were reportedly told to scale back.

The directive follows the FSS’s longstanding 2017 stance prohibiting direct investment in virtual assets by financial institutions, despite recent global shifts in crypto regulation. While the agency has been reviewing possible easing of crypto rules, officials reportedly said that licensed entities must continue observing current guidelines.

The FSS has not yet issued a formal statement regarding the report.

PayPal unveils cross-border wallet platform

PayPal (NASDAQ:PYPL) has launched PayPal World, a cross-border payments network that integrates several of the world’s largest digital wallets, aiming to simplify international commerce for billions.

The platform’s initial partners include India’s UPI (via NPCI International), China’s Weixin Pay (via Tenpay Global) and PayPal’s own services including Venmo.

A memorandum of understanding has also been signed with Mercado Pago in Latin America.

According to PayPal CEO Alex Chriss, the initiative allows users to pay with their native wallets regardless of location. Chriss called it a potential “game changer” for frictionless payments in travel and e-commerce.

“The challenge of moving money across borders is incredibly complex, and yet this platform will make it so simple for nearly two billion consumers and businesses,’ Chriss said a recent press release.

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

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

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Joe Cavatoni, senior market strategist, Americas, at the World Gold Council, explains that market risk and uncertainty are driving gold, with H1 2025 seeing multiple record highs.

‘Think strategically when you think about gold, and keep that allocation in mind,’ he said.

He also shares thoughts on the importance of central bank allocations and the potential impact of tariffs and US economic conditions on gold during the second half of 2025.

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

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The White House on Wednesday (July 23) released a sweeping national strategy for artificial intelligence (AI), outlining over 90 federal actions designed to strengthen America’s position as the global leader in AI development.

The document fulfills a mandate laid out in President Donald Trump’s January 23 executive order, which called for the removal of what the administration described as “barriers to American leadership” in the field.

Titled “Winning the AI Race: America’s AI Action Plan,” the plan sets priorities across three core pillars: accelerating innovation, building domestic infrastructure and leading on global AI diplomacy and security.

The White House said parts of the strategy will be enacted via executive orders in the coming weeks.

Trump and senior officials are set to promote the initiative at an event on Thursday (July 2) night that will be hosted by the Hill and Valley Forum, a group of influential tech donors and investors.

“President Trump has prioritized AI as a cornerstone of American innovation,” said Michael Kratsios, director of the White House Office of Science and Technology Policy.

“This plan galvanizes federal efforts to turbocharge our innovation capacity, build cutting-edge infrastructure, and lead globally, ensuring that American workers and families thrive in the AI era.”

The new initiative marks a clear departure from previous federal policy, explicitly revoking the Biden-era Executive Order 14110, “Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence,” which had emphasized caution, regulation and ethical oversight. In contrast, the Trump administration’s AI directive aims to remove what it describes as “onerous” federal restrictions and foster what it calls innovation free from “ideological bias.”

The goal, according to Trump administration officials, is to secure the global proliferation of US-made AI technologies and prevent the dominance of foreign alternatives. Domestically, the plan pledges to fast track the permitting process for building new data centers and semiconductor fabs, and to launch national workforce initiatives targeting technical trades essential to AI infrastructure, such as electricians and HVAC technicians.

David Sacks, White House special advisor for AI and crypto, framed the plan in strategic and geopolitical terms.

“Artificial intelligence is a revolutionary technology with the potential to transform the global economy and alter the balance of power in the world,” Sacks said, adding that in order to win the AI race, the US must center its innovation domestically and “avoid Orwellian uses of AI.”

In May, the Trump administration reached agreements with the United Arab Emirates to grant the country access to advanced AI chips — part of a broader US$200 billion cooperation deal announced alongside plans for a 5 gigawatt AI campus in the United Arab Emirates. .

As of now, the White House has not provided a timeline for the full rollout of the 90 outlined actions, but officials said implementation would begin “in the coming weeks.”

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

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Walker Lane Resources Ltd. (TSX – V: WLR) (F r ankfurt:6YL ) (‘WLR’ o r t h e ‘ Comp a ny’) is pleased to announce, further to its news releases of June 10, 2025, that it has received TSX Venture Exchange approval to close the non-brokered private placement (the ‘ Private Placement ‘). On July 23, 2025, the Company issued 2,508,335 non-flow through Units (each a ‘ NFT Unit ‘) at a price of $0.12 per NFT Unit, for gross proceeds of $301,000, and 607,143 flow-through Units (each a ‘ FT Unit ‘) at a price of $0.14 per FT Unit, for gross proceeds of $85,000, for aggregate gross proceeds of $386,000. Each NFT Unit is composed of one common share and one common share purchase warrant (each whole warrant, a ‘ NFT Warrant ‘). Each FT Unit is composed of one common share and one common share purchase warrant (each whole warrant, a ‘ FT Warrant ‘), each NFT Warrant and each FT Warrant are exercisable for two (2) years at $0.16 per common share.

 

An insider of the Company subscribed for an aggregate of 1,178,571 Units, composed of 750,000 NFT Units and 428,571 FT Units. Such participation was considered to be a ‘related party transaction’ as this term is defined in Multilateral Instrument 61-101 – Protection of Minority Securityholders in Special Transactions (‘ MI 61-101 ‘). The Company relied on the exemption from valuation requirement and minority approval pursuant to subsection 5.5(a) and 5.7(a) of MI 61-101, respectively, for the insider participation in the Offering, as the securities do not represent more than 25% of the Company’s market capitalization, as determined in accordance with MI 61-101.

 

The Company intends to use the proceeds from the sale of FT Units to incur ‘Canadian exploration expenses’ and ‘flow through mining expenditures’ as these terms are defined in the Income Tax Act (Canada) and, in particular, the Company’s exploration program at its Amy and Silver Hart Properties in the Rancheria Silver District, (Yukon/British Columbia), and potentially limited activities at Logjam (Yukon). Such proceeds will be renounced to the subscribers with an effective date not later than December 31, 2025, in the aggregate amount of not less than the total amount of gross proceeds raised from the issue of FT Units. The Company intends to use the net proceeds from the sale of NFT units for its properties in Nevada including Tule Canyon, Cambridge and Silver Mountain and for general working capital. The FT and NFT Units issued under the financing are subject to a four-month hold.

 

   A     bout Walker Lane Resources Ltd.   

 

 Walker Lane Resources Ltd. is a growth-stage exploration company focused on the exploration of high-grade gold, silver and polymetallic deposits in the Walker Lane Gold Trend District in Nevada and the Rancheria Silver District in Yukon/B.C. and other property assets in Yukon. The Company intends to initiate exploration programs to advance the drill-ready Tule Canyon (Walker Lane, Nevada) and Amy (Rancheria Silver, B.C.) projects to resource definition stage through proposed drilling campaigns that the Company desires to undertake in the near future.

 

The company intends to conduct early stage exploration efforts on its Cambridge and Silver Mountain Properties in the Walker Lane Area, Nevada, evaluate its Silver Hart/Blue Heaven property for medium term development, and advancing exploration on its Logjam property in Yukon.

 

On behalf of the Board:
   ‘Kevin Brewer’    
Kevin Brewer, President, CEO and Director
Walker Lane Resources Ltd.

For Further Information and Investor Inquiries:  

 

Kevin Brewer, P. Geo., MBA, B.Sc. (Hons), Dip. Mine Eng.
President, CEO and Director
Tel: (709) 327 8013
  kbrewer80@hotmail.com   
 
Telephone (604) 602-0001   
  www.walkerlaneresources.com  
 
Suite 1600-409 Granville St.,
Vancouver, BC, V6C 1T2

 

   Ne     i     t     h     er     t     h     e     TS     X     Ven     t     ure     Exc     h     a     n     ge     n     o     r     its     Reg     u     l     a     ti     o     n     S     ervices     Prov     i     der     (as     t     h     at     term     is     de     fi     ned     in     t     h     e p     o     li     c     ies     of     the     T     SX     Vent     u     re     Excha     n     ge)     accepts     re     s     ponsi     b     ility     f     or     t     he     ade     q     u     acy     or     accuracy     of     this     release.   

 

  Cautionary and Forward-Looking Statements  

 

This press release and related figures, contain certain forward-looking information and forward-looking statements as defined in applicable securities laws (collectively referred to as forward-looking statements). These statements relate to future events or our future performance. All statements other than statements of historical fact are forward-looking statements. The use of any of the words ‘anticipate’, ‘plans’, ‘continue’, ‘estimate’, ‘expect’, ‘may’, ‘will’, ‘project’, ‘predict’, ‘potential’, ‘should’, ‘believe’ ‘targeted’, ‘can’, ‘anticipates’, ‘intends’, ‘likely’, ‘should’, ‘could’ or grammatical variations thereof and similar expressions is intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. These statements speak only as of the date of this presentation. These forward-looking statements include, but are not limited to, statements concerning: our strategy and priorities including certain statements included in this presentation are forward-looking statements within the meaning of Canadian securities laws, including statements regarding the Tule Canyon, Cambridge, Silver Mountain, and Shamrock Properties in Nevada (USA), and its Silverknife and Amy properties in British Columbia, the Silver Hart, Blue Heaven and Logjam properties in Yukon all of which now comprise the mineral property assets of WLR. WLR has assumed other assets of CMC Metals Ltd. including common share holdings of North Bay Resources Inc. and all conditions and agreements pertaining to the sale of the Bishop mill gold processing facility and remains subject to the condition of the option of the Silverknife Property with Coeur Silvertip Holdings Ltd. These forward-looking statements reflect the Company’s current beliefs and are based on information currently available to the Company and assumptions the Company believes are reasonable. The Company has made various assumptions, including, among others, that: the historical information related to the Company’s properties is reliable; the Company’s operations are not disrupted or delayed by unusual geological or technical problems; the Company has the ability to explore the Company’s properties; the Company will be able to raise any necessary additional capital on reasonable terms to execute its business plan; the Company’s current corporate activities will proceed as expected; general business and economic conditions will not change in a material adverse manner; and budgeted costs and expenditures are and will continue to be accurate. Actual results and developments may differ materially from results and developments discussed in the forward looking statements as they are subject to a number of significant risks and uncertainties, including: public health threats; fluctuations in metals prices, price of consumed commodities and currency markets; future profitability of mining operations; access to personnel; results of exploration and development activities, accuracy of technical information; risks related to ownership of properties; risks related to mining operations; risks related to mineral resource figures being estimates based on interpretations and assumptions which may result in less mineral production under actual conditions than is currently anticipated; the interpretation of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; changes in operating expenses; changes in general market and industry conditions; changes in legal or regulatory requirements; other risk factors set out in this presentation; and other risk factors set out in the Company’s public disclosure documents. Although the Company has attempted to identify significant risks and uncertainties that could cause actual results to differ materially, there may be other risks that cause results not to be as anticipated, estimated or intended. Certain of these risks and uncertainties are beyond the Company’s control. Consequently, all of the forward-looking statements are qualified by these cautionary statements, and there can be no assurances that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences or benefits to, or effect on, the Company. The information contained in this presentation is derived from management of the Company and otherwise from publicly available information and does not purport to contain all of the information that an investor may desire to have in evaluating the Company. The information has not been independently verified, may prove to be imprecise, and is subject to material updating, revision and further amendment. While management is not aware of any misstatements regarding any industry data presented herein, no representation or warranty, express or implied, is made or given by or on behalf of the Company as to the accuracy, completeness or fairness of the information or opinions contained in this presentation and no responsibility or liability is accepted by any person for such information or opinions. The forward-looking statements and information in this presentation speak only as of the date of this presentation and the Company assumes no obligation to update or revise such information to reflect new events or circumstances, except as may be required by applicable law. Although the Company believes that the expectations reflected in the forward-looking statements and information are reasonable, there can be no assurance that such expectations will prove to be correct. Because of the risks, uncertainties and assumptions contained herein, prospective investors should not read forward-looking information as guarantees of future performance or results and should not place undue reliance on forward looking information. Nothing in this presentation is, or should be relied upon as, a promise or representation as to the future. To the extent any forward-looking statement in this presentation constitutes ‘future-oriented financial information’ or ‘financial outlooks’ within the meaning of applicable Canadian securities laws, such information is being provided to demonstrate the anticipated market penetration and the reader is cautioned that this information may not be appropriate for any other purpose and the reader should not place undue reliance on such future-oriented financial information and financial outlooks. Future-oriented financial information and financial outlooks, as with forward-looking statements generally, are, without limitation, based on the assumptions and subject to the risks set out above. The Company’s actual financial position and results of operations may differ materially from management’s current expectations and, as a result, the Company’s revenue and expenses. The Company’s financial projections were not prepared with a view toward compliance with published guidelines of International Financial Reporting Standards and have not been examined, reviewed or compiled by the Company’s accountants or auditors. The Company’s financial projections represent management’s estimates as of the dates indicated thereon.

 

   

 

 

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