06 Market

Blurb:

The Trump administration is divided between factions about the best way to reform the controversial H-1B visa program, a senior administration official told The Daily Signal.

One faction wants to restrict the program so much that foreigners won’t be able to use it, while others think it’s useful to bring in exceptional talent, the official said.

While President Donald Trump maintains abuses of the system need to be reformed, he told Fox News’ Laura Ingraham he believes the program—which allows highly skilled workers in “specialty occupations” to live and work in the U.S.—is needed to bring certain talent in. This comment sparked outrage from many of his supporters.

Rep. Marjorie Taylor Greene said she’s “solidly against” Americans “being replaced by foreign labor, like with H-1Bs.” “End H-1B so it’s not used for cheap labor & expand genius visas for genuine high end talent,” conservative influencer Robby Starbuck wrote. Former Department of Government Efficiency adviser and Florida governor hopeful James Fishback said he would “fire every single H-1B working at our state agencies.”

Blurb:

The longest shutdown in U.S. history has just ended but voices on both sides of the aisle are warning that another shutdown may be looming at expiration of the current funding ends on Jan 30.

A number of tax credit subsidies for the Affordable Care Act (ACA) are set to expire at the end of this year and Democrats have insisted that they be renewed as a condition to supporting any new funding bills.

Republicans acknowledge that another fight over the ACA tax credits could cause another government closure at the end of January.

Blurb:

The U.S. Supreme Court ruled in favor of the Trump administration’s request to extend the pause of an order to fully fund food aid benefits for a few days.

Justice Ketanji Brown Jackson previously granted the emergency pause on an order from U.S. District Judge John McConnell from Rhode Island for the government to fully fund the Supplemental Nutrition Assistance Program. Many on the left excoriated her for what they perceived as a pro-Trump order.

‘The only way to end this crisis — which the executive is adamant to end — is for Congress to reopen the government.’

Blurb:

The White House committed in writing Wednesday that President Donald Trump will sign the bill to end the longest government shutdown in U.S. history once the House passes it.

In a statement of administration policy, the Trump administration urged every lawmaker to back the measure, which would reopen the government through Jan. 30 and fund some federal agencies through next September. The House is expected to vote Wednesday evening to clear the legislation for Trump’s signature, after the Senate passed the package Monday night.

Even as the White House encouraged House lawmakers to vote in support of the bipartisan measure, the administration took partisan swipes in the official memo, claiming that the funding lapse was “forced upon the American people by congressional Democrats.”

Blurb:

Russia will issue government bonds denominated in Chinese yuan for the first time next month, the Finance Ministry announced Wednesday.

The ministry said it would offer two series of OFZ bonds, each worth 10,000 yuan ($1,400), with maturities ranging from three to seven years and interest payments every six months.

Investors will be able to buy and receive payments either in yuan or rubles, it said in a statement.

Order placements are scheduled for Dec. 2, with the sale itself planned for Dec. 8.

The Finance Ministry did not specify the total amount of its yuan bonds, saying it would be determined after assessing investor demand. Reuters reported last month that the ministry was preparing to issue up to 400 billion rubles ($4.9 billion) worth of yuan bonds.

Blurb:

Deep cracks are forming within the Democratic Party as several Democrats have moved to negotiate a deal with Republicans to reopen the government, undermining Senate Minority Leader Chuck Schumer’s (D-NY) shutdown agenda.

A handful of Democrats have entered talks on ending Schumer’s shutdown, as he continues to hold out for concessions from Republicans.

As the costs of the shutdown continue to mount, some Democrats, including Senators Maggie Hassan (D-NH), Jeanne Shaheen (D-NH), and Gary Peters (D-MI), are working on a deal to end the impasse, The Hill reported.

The shutdown became the longest in U.S. history this week as the impacts continued to spread, with funding lapsed for food stamps and millions of federal workers missing paychecks.

Republicans need at least eight Democrats to cross the aisle in order to break the 60-vote filibuster.

For weeks, only three Democrats have voted to end the shutdown consistently, and they are Sens. John Fetterman (D-PA), Catherine Cortez Masto (D-NV), and Angus King (I-ME), an independent who caucuses with the party.

Blurb:

A federal appeals court upheld a Florida law on Tuesday that restricts Chinese nationals and entities affiliated with the Chinese Communist Party (CCP) from making land purchases in the state.

In a 2-1 ruling, the 11th Circuit Court of Appeals ruled that the group of Chinese nationals challenging parts of the law (SB 264) lacked standing to bring their suit. The decision comes after the district court denied plaintiffs’ request for a preliminary injunction blocking the statute’s enforcement.

“After careful review, and with the benefit of oral argument, we affirm the denial of the plaintiffs’ preliminary injunction motion as to the registration and affidavit requirements. But we reverse and remand for the district court to deny the preliminary injunction motion without prejudice as to the purchase restriction because none of the plaintiffs have shown they have standing to challenge that provision of SB 264,” the ruling reads. The majority opinion noted how several of the plaintiffs, although they are Chinese citizens, were not “domiciled” in China, and therefore their efforts to purchase property falls outside the scope of the law.

Blurb:

President Donald Trump has moved to cut U.S. fentanyl-related tariffs on Chinese goods in half, following last month’s in-person meeting with China’s leader Xi Jinping in South Korea.

Under a new executive order issued on Tuesday, the tariff will drop from 20 percent to 10 percent beginning November 10.

In the order, Trump stated:

“The PRC [People’s Republic of China] has committed to take significant measures to end the flow of fentanyl to the United States, including stopping the shipment of certain designated chemicals to North America and strictly controlling exports of certain other chemicals to all destinations in the world.”

Trump and Xi met on October 30 on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Busan, South Korea.

After the meeting, Trump said he believed Beijing would take “strong action” to stem the supply of precursor chemicals used to manufacture fentanyl.

Blurb:

The heads of state of about 50 countries are expected in the Amazonian city of Belem for a summit on Thursday and Friday, before the annual UN Conference of Parties (COP) climate negotiations that open next week. Almost every nation is participating aside from the United States, with President Donald Trump having branded climate science a “con job”.
from www.france24.com

Blurb:

President Donald Trump clearly has the climate cultists and green grifters among his top targets during his very busy second term, which began with his signing an executive order in January to halt new or renewed offshore wind leases.

Now it looks like the plug is going to be pulled from a massive offshore East Coast wind farm project.

Back in September, I reported that federal regulators were moving to revoke approval of SouthCoast Wind’s construction and operations plan, the final major permit required before offshore turbine installation. The project, located about 23 miles south of Nantucket, was slated to build up to 141 turbines supposedly capable of powering roughly 840,000 homes in Massachusetts and Rhode Island.

A federal judge has now ruled that the Trump administration may proceed with revoking federal permits for the project.

The Trump administration signaled its intent to reconsider the permit in September, claiming that the Environmental Impact Statement for the project may have “understated or obfuscated impacts” that would possibly result in noncompliance with the Outer Continental Shelf Lands Act.

District Court for the District of Columbia judge Tanya Chutkan, who was appointed by President Barack Obama, ruled in favor of the White House Tuesday, saying that the project developers would not suffer from “immediate and significant hardship” if the administration proceeded with the reconsideration.

Blurb:

The United Kingdom’s Online Safety Act was meant to keep children safe. Instead, it is keeping the public uninformed. Within days of the law taking effect in late July 2025, X (formerly Twitter) started hiding videos of Israel’s atrocities in Gaza from UK timelines behind content warnings and age barriers. A law sold as safeguarding has become one of the most effective censorship tools Britain has ever built. What is unfolding is no accident. It is the result of legislation that weaponises child-protection rhetoric to normalise censorship, identity verification and online surveillance.

The roots of Britain’s online censorship crisis go back almost a decade, to MindGeek, now rebranded as Aylo, the scandal-ridden company behind Pornhub. This tax-dodging, exploitative porn empire worked closely with the UK government to develop an age-verification system called AgeID, a plan that would have effectively handed Aylo a monopoly over legal adult content by making smaller competitors pay or perish. Public backlash killed AgeID in 2019, but the idea survived. Once one democracy entertained the notion that access to online content should be gated by identity checks, the precedent was set. The Digital Economy Act 2017 laid the groundwork, and the Online Safety Act 2023 made it law. Today, several European Union states, including France and Germany, are exploring similar legislation, each cloaked in the same rhetoric of “protecting children”. This is not conspiracy; it is the natural convergence of corporate capture and state control, wrapped in the moral language of child safety.

Blurb:

The Trump administration agreed earlier this week to release $4.65 billion of its $5 billion contingency fund to keep SNAP payments flowing. However, the administration made no promises that full SNAP payments would be allocated, and President Trump said the other day that no more payments would be made until Democrats ended the Schumer Shutdown.

The media are, of course, trying to blame the SNAP shortages on President Trump and Republicans. They’ve done their job and voted more than a dozen times to reopen the government. Democrats, on the other hand, have made it very clear they plan to use Americans’ suffering as leverage.

It would perhaps be easier for the media to garner sympathy if they chose stories about people who are more sympathetic. The other day, they spoke to a woman who had been on SNAP for three decades, which proved SNAP critics correct.

Blurb:

The U.S. Supreme Court appeared fairly skeptical of President Trump’s implementation of numerous “emergency” tariffs in a pair of key cases before the bench on Wednesday.

The nation’s highest court held oral arguments in Learning Resources, Inc. v. Trump and Trump v. V.O.S. Selections, Inc. The cases center around the legality of Trump’s implementation of tariffs using the International Emergency Economic Powers Act (IEEPA), which grants presidents the power to “deal with any unusual and extraordinary threat, which has its source in whole or substantial part outside the United States, to the national security, foreign policy, or economy of the United States, if the President declares a national emergency with respect to such threat.”

As The Federalist previously described, the president “did so in response to existing ‘unfair trade practices’ that lead to trade deficits, as well as to punish countries like China for failing to ‘blunt the sustained influx of synthetic opioids, including fentanyl, flowing from the [People’s Republic of China] to the United States.’” Invoking language contained in IEEPA, Trump reasoned that these problems represent an “unusual and extraordinary threat” to the country.

Blurb:

News roundup:

Supreme Court justices appear skeptical of Trump’s tariffs, but some may give leeway

ICE to open call center to help track migrant children for removal

FAA is cutting flights at 40 major airports amid government shutdown

Inside Trump’s “uncomfortable” breakfast with Republican senators

Trump sways some Republican senators on filibuster changes

Democrats tap the brakes on ending government shutdown

St. Paul, Minnesota, Elects Mayor Who Admitted, ‘I Am Illegal in This Country’

Immigration Rights Activists Ask Los Angeles Dodgers to Decline White House Visit over ICE Raids

Trump Highlights Economic Bright Spots in American Business Forum Speech

GOP Sen. Kennedy to Introduce Bills to Withhold Pay from Lawmakers During Government Shutdown

FDNY Commissioner Hands In Resignation Less than 12 Hours After Mamdani Win, Other Top Officials Expected to Follow Suit

Chinese scholars charged with smuggling biological materials into US under research cover

Mamdani’s socialist and Muslim backers, including Sarsour and Wahhaj, take victory lap

Justice Department charges third man in connection to alleged Halloween terror plot

15-year-old Florida boy guns down classmate after victim bumped him in school hallway: sheriff

Bomb Threats At NJ Polling Stations Connected To Russian Email Address

Trump Announces Major Decision On Nuclear Weapons

Pressure Mounts For Dem Governor To Call In National Guard After Spate Of High-Profile Murders

And that’s all I’ve got, now go beat back the angry mob!


from amgreatness.com

Blurb:

On Tuesday, in several elections where they were already expected to win, the Democrats bragged that they beat the GOP on “affordability.”

Of the Democrats who will be charged with making America more affordable, now: a socialist mayor-elect in New York City who doesn’t seem to have the slightest idea of how New York City or economics works; a governor-elect in Virginia who doesn’t have the gumption to stand up against a kiddie-assassination fantasist, much less more palatable but still unconscionably free-spending members her own party; and a governor in New Jersey who will likely continue to pursue the same policies that have given the state the eighth-highest cost of living in the nation.

All of these people said they were running against President Donald Trump, who’s been in office for less than a year now.

Blurb:

House Speaker Mike Johnson says that he’s ‘hoping and praying’ that there are enough Democrats in the Senate willing to break ranks and ‘do the right thing’.

But apparently there’s an actual plan in place, and it’s gaining steam.

Reports are now indicating that a group of rogue Democrats are willing to work behind Chuck Schumer’s back to help Republicans end the government shutdown…

Here’s a clip of Speaker Johnson confirming that change of approach:

Speaker Johnson was apparently referring to a very specific group of Democrats in the US Senate.

Blurb:

Senate Democratic Leader Chuck Schumer has a real problem. People are realizing that the extended government shutdown is his own deliberate, cynical strategy.

The Democrats and the propaganda media desperately want Americans to blame President Donald Trump and Congressional Republicans for the shutdown. But the facts are simply in their way. The House Republicans did their job on Sept. 19.

They passed a clean budget resolution to keep the government open without increasing spending. There were no new policy issues. There were no so-called poison pills to cost Democratic votes. There was no clever maneuvering. It was a simple, clean resolution – specifically designed to avoid drama and fund the federal government while the Congress and the President negotiate next year’s funding.

Further, this was a normal move. Simple, clean continuing resolutions have been used by Democratic-and Republican-led Congresses and presidents for many years.

Blurb:

China will begin easing an export ban on automotive computer chips vital to production of cars across the world as part of a trade deal struck between the US and China, the White House has said.

The White House confirmed details of the deal in a new fact sheet after Xi Jinping and Donald Trump met in South Korea this week.

The nations also reached agreements on US soybean exports, the supply of rare earth minerals, and the materials used in production of the drug fentanyl.

The deal de-escalates a trade war between the world’s two largest economies after Trump hit China with tariffs after he entered office this year, leading to rounds of retaliatory tariffs and global business uncertainty.

Blurb:

The state of Texas has secured an “historic” $1.375 billion settlement agreement with Google

The October 31 announcement from Texas Attorney General Ken Paxton’s office marked the conclusion of two of the largest data privacy enforcement actions ever brought by a single state against the tech giant. Paxton sued Google for unlawfully tracking and collecting users’ private data regarding geolocation, incognito searches, and biometric data in 2022.

“This historic $1.375 billion price tag for Google’s misconduct sends a clear warning to all of Big Tech that I will take aggressive action against any company that misuses Texans’ data and violates their privacy,” said Paxton in a press release. “If Big Tech thinks they can get away with abusing user data and illegally spying on Texans without consequences, I will make sure they are proven wrong. This monumental settlement is a testament to my office’s commitment to taking on the biggest companies in the world and securing victory on behalf of Texans.”

“The settlement obtained by Attorney General Paxton for these combined abuses far eclipses that of any other one state’s settlement against Google for similar claims, with the largest single-state settlement to date outside of Texas being $93 million,” declared the AG office.  “Additionally, a forty-state coalition secured $391 million in its privacy case against Google, which is almost one billion dollars less than what Attorney General Paxton secured for Texas alone.”

Blurb:

SNAP food benefits for around 42 million Americans could resume as early as Wednesday, Treasury Secretary Scott Bessent said on Sunday morning, after two federal judges ordered the Trump administration to use emergency funds during the government shutdown. The action follows rulings on Friday by federal judges in Massachusetts and Rhode Island directing the administration to draw on emergency resources to continue Supplemental Nutrition Assistance Programme payments. Judge Jack McConnell of Rhode Island also instructed that the funds be provided “as soon as possible,” CNBC reported. Boston Judge Indira Talwani gave the administration until Monday to inform her whether it will authorise at least reduced SNAP benefits for November. The aid was originally set to be cut off on November 1.

Blurb:

Since when has it been the job of the U.S. taxpayer to fund the grocery bills of immigrants? Because one Iraqi refugee said he would not be able to stay in this country without government support. And to call that a personal problem would be an understatement.

According to KVOA:

The uncertainty has left refugees like Bakr Rajab from Iraq worried. Rajab, who arrived in Pima County last December with his wife and two children, expressed his concerns.’