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August 5, 2025

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Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQB: FTBYF) (‘Fortune Bay’ or the ‘Company’) is pleased to announce that it has entered into a definitive option agreement (the ‘Agreement’), dated July 25, 2025, with Neu Horizon Uranium Limited ACN 653 749 145 (the ‘Optionee’), a private Australian arms-length party. Pursuant to the Agreement, the Optionee will be granted the option (the ‘Option’) to acquire an eighty percent interest in The Woods Uranium Projects (‘The Woods’ or the ‘Projects’) located on the northern margin of the Athabasca Basin, Saskatchewan (Figure 1).

Figure 1: The Woods Uranium Projects – District-Scale Opportunity (CNW Group/Fortune Bay Corp.)

The Woods Highlights:

  • District-scale opportunity, including five projects covering approximately 40,000 hectares.
  • A dominant land position along the Grease River Shear Zone (‘GRSZ’) within 30 kilometres of the northern Athabasca Basin margin.
  • The GRSZ is significantly underexplored relative to other major Athabasca Basin structures (less than 20 historical drill holes northeast of Fond du Lac, and only 3 historical drill holes on the Projects).
  • Geological settings and structural features are prospective for; 1) unconformity-related basement-hosted uranium deposits, 2) magmatic intrusive uranium deposits and, 3) rare earth element (‘REE’) deposits.
  • Abundant historical uranium and REE showings, and the highest lake sediment uranium anomalies in Saskatchewan.

Dale Verran, CEO of Fortune Bay, commented: ‘We are pleased to have executed a Definitive Option Agreement with Neu Horizon for the advancement of The Woods Uranium Projects. This partnership combines strong technical capabilities and capital markets expertise to accelerate exploration efforts on these high-potential projects at a time of strengthening uranium market fundamentals. The transaction reflects our disciplined approach to capital allocation—prioritizing spend on our core gold assets at Goldfields and Poma Rosa—while unlocking blue-sky potential from earlier-stage projects through partnerships that preserve upside for our shareholders.’

Martin Holland, Executive Chairman of Neu Horizon Uranium, added: ‘We’re pleased to have successfully closed the earn-in agreement with Fortune Bay and to partner with an experienced in-country team, complementing Neu’s strong technical expertise. With this foundation in place, we’re eager to hit the ground running and carry out substantial work to position the project for drilling ahead of our planned ASX IPO in Q1 2026.’

Key Terms

Consistent with the Letter of Intent (the ‘LOI’) signed in May, 2025, the Option is exercisable by the Optionee completing staged cash payments and share issuances, and incurring the following exploration expenditures on the Project:

Cash

Consideration
Shares

Exploration
Expenditures

Interest Earned

Signing of Definitive Agreement

A$50,000

A$50,000

Nil

80 %

31 December 2025

Nil

A$200,000

A$700,000

31 December 2026

Nil

A$500,000

A$2,300,000

Total

A$50,000

A$750,000

A$3,000,000

The Company will act as the operator during the Option period and will be entitled to charge a management fee of 10% of expenditures incurred on the Projects. A participating Joint Venture (‘JV’) will be formed at the end of the Option period, consistent with customary JV Terms. The JV will allow for dilution and should the Company’s interest fall below 10% the Company will be granted a 2% net smelter returns (‘NSR’) royalty. One-half (1%) of the NSR may be purchased at any time prior to commercial production for a cash payment of A$5 million, subject to Consumer Price Index increase.

Further Projects details are provided in the Company’s News Release dated May 29, 2025.

Qualified Person

The technical and scientific information in this news release has been reviewed and approved by Gareth Garlick, P.Geo., Technical Director of the Company, who is a Qualified Person as defined by NI 43-101. Mr. Garlick is an employee of Fortune Bay and is not independent of the Company under NI 43-101.

Technical Disclosure on Historical Results

The historical uranium and REE occurrences referenced in the ‘Woods Highlights’ section derive from the Saskatchewan Mineral Deposits Index. The lake sediment uranium anomalism referred to in the same section refers to historical results derived from the Saskatchewan Mineral Assessment Database file number 74O09-0004, in comparison with the open-source regional Saskatchewan lake sediment geochemistry database available on the Government of Saskatchewan Mining and Petroleum GeoAtlas. Historical results are not verified and there is a risk that any future confirmation work and exploration may produce results that substantially differ from these. The Company considers these unverified historical results relevant to assess the mineralization and economic potential of the property.

About Fortune Bay

Fortune Bay Corp. (TSXV:FOR, FWB:5QN, OTCQB:FTBYF) is an exploration and development company with 100% ownership in two advanced gold projects in Canada, Saskatchewan (Goldfields Project) and Mexico, Chiapas (Poma Rosa Project), both with exploration and development potential. The Company is also advancing seven uranium exploration projects on the northern rim of the Athabasca Basin, Saskatchewan, which have high-grade potential. The Company has a goal of building a mid-tier exploration and development Company through the advancement of its existing projects and the strategic acquisition of new projects to create a pipeline of growth opportunities. The Company’s corporate strategy is driven by a Board and Management team with a proven track record of discovery, project development and value creation. Further information on Fortune Bay and its assets can be found on the Company’s website at www.fortunebaycorp.com or by contacting us as info@fortunebaycorp.com or by telephone at 902-334-1919.

About Neu Horizon

Neu Horizon is a public unlisted Australian company focused on discovering and developing Tier 1 uranium deposits in premier exploration jurisdictions. Through this exciting new partnership with Fortune Bay, the company has access to a dominant land package with over 100,000ha of prime exploration ground covering three projects in Sweden and five projects in Canada.

Sweden is Europe’s leading mining nation and also hosts the world’s largest low-grade uranium resource within the Alum-shale, where Neu Horizon has a significant landholding. The company aims to take advantage of the Swedish Government’s plans to lift the 2018 moratorium on uranium exploration and mining to delineate a significant European uranium deposit.

Canada’s Athabasca Basin is the world’s leading source of high-grade uranium. Access to this land package along the northern rim of the basin provides Neu Horizon direct access to this underexplored uranium exploration frontier.

These strategic projects align Neu Horizon with the global demand for clean, sustainable and low-carbon energy, by taking advantage of both countries’ rich uranium resources and supportive mining legislation.

On behalf of Fortune Bay Corp.

‘Dale Verran’
Chief Executive Officer
902-334-1919

Cautionary Statement Regarding Forward-Looking Information

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions, and expectations. They are not guarantees of future performance. Words such as ‘expects’, ‘aims’, ‘anticipates’, ‘targets’, ‘goals’, ‘projects’, ‘intends’, ‘plans’, ‘believes’, ‘seeks’, ‘estimates’, ‘continues’, ‘may’, variations of such words, and similar expressions and references to future periods, are intended to identify such forward-looking statements.

Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company’s objectives, goals, intentions or future plans, statements, exploration results, potential mineralization, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to failure to identify targets or mineralization, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate First Nations and other indigenous peoples, inability to reach access agreements with other Project communities, amendments to applicable mining laws, uncertainties relating to the availability and costs of financing or partnerships needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR+. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. For more information on Fortune Bay, readers should refer to Fortune Bay’s website at www.fortunebaycorp.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Source

 

 
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(TheNewswire)

 

 

 

 

Vancouver, British Columbia, August 5, 2025 TheNewswire – FinEx Metals Ltd. (TSX-V: FINX) (‘FinEx’ or the ‘Company’) is pleased to announce it has commenced diamond drilling on its 100% owned Ruoppa gold project, located in the Central Lapland Greenstone Belt of northern Finland.

 

  The initial drill campaign is expected to comprise approximately 2,500 metres of core drilling and is designed to test high-priority targets defined by earlier trenching and Top of Bedrock drilling.  Drilling will focus on the Ruoppa East area where a series of high-grade gold targets intermittently extend over approximately 2.7 km (Figure 1).  High-grade rock grab samples from trenches include 52 samples that returned values greater than 1 g/t Au with the highest value returning 95.1 g/t Au, within a broad zone of orogenic quartz veining extending over approximately 250 metres.  

 

  Tero Kosonen, Chairman and Chief Executive Officer of FinEx, comments:   ‘We are excited to commence our inaugural diamond drilling at Ruoppa, a significant milestone for FinEx.  The results from this program will greatly enhance our understanding of the project’s potential and help clarify the distribution and continuity of the gold-bearing veins at Ruoppa and within this highly prospective district.’  

 

    
Click Image To View Full Size
 

 

  Figure 1. Map of Ruoppa project area showing a series of high-grade gold targets that intermittently extend over approximately 2.7 km, and location of first-pass drilling where high-grade rock grab samples from trenches include 52 samples that returned values greater than 1 g/t Au with the highest value returning 95.1 g/t Au, within a broad zone of orogenic quartz veining extending over approximately 250 metres.  

 

    
Click Image To View Full Size
 

 

  Figure 2. First drill hole commences at Ruoppa gold project.  

 

  About the Ruoppa Project  

 

  The Company’s flagship Ruoppa project is situated in the Central Lapland Greenstone Belt in Finland, adjoining Agnico Eagle’s Kittilä mine land position, the largest gold mine in Europe, and in proximity to the land position that hosts Rupert Resources’ recent Ikkari discovery.  Previous work by FinEx identified a series of high-grade gold targets that extend over approximately 2.7 km.  High-grade rock grab samples from trenches include 52 samples above 1 g/t Au with the highest value measuring 95.1 g/t Au, within a zone extending over 250 m.  Ruoppa is fully permitted for drilling and a first-pass diamond drill program commenced in August 2025. For more information on the Ruoppa project, refer to the NI 43-101 Technical Report dated April 14, 2025, as filed on SEDAR+ at     www.sedarplus.ca.    

 

  About FinEx Metals Ltd.  

 

  FinEx Metals Ltd. (TSX-V: FINX) is a gold-focused mineral exploration company with a portfolio of 100% owned, royalty free projects near existing mining operations in the Central Lapland Greenstone Belt in Finland.  

 

  For more information, please visit the Company’s website at     www.finexmetals.net.    

 

  FinEx Metals is part of the NewQuest Capital Group, a discovery-driven investment group that builds value through the incubation and financing of mineral projects and companies. Further information about NewQuest can be found on the company website at     www.nqcapitalgroup.com.    

 

  Qualified Person  

 

  The scientific and technical information contained in this news release has been reviewed and approved by Dr. Petri Peltonen, MAusIMM(CP), EurGeol, a ‘Qualified Person’ (‘QP’) as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Dr. Peltonen is not independent by reason of being a Contractor and Shareholder of the Company.  

 

  On Behalf of the Board of Directors  

 

  Tero Kosonen  

 

  Chairman and Chief Executive Officer  

 

  +1 (604) 681-9100  

 

    tero@finexmetals.net    

 

  For further information, please contact:  

 

  Brennan Zerb  

 

  Investor Relations Manager  

 

  +1 (778) 867-5016  

 

    mailto:bzerb@nqcapitalgroup.com    

 

  Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this news release.  

 

  Forward-Looking Statements:  

 

    This news release includes certain forward-looking statements and forward-looking information (collectively, ‘forward-looking statements’) within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding the proposed listing on the TSX Venture Exchange, future capital expenditures, exploration activities and the specifications, targets, results, analyses, interpretations, benefits, costs and timing of them, and the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Often, but not always, forward looking information can be identified by words such as ‘pro forma’, ‘plans’, ‘expects’, ‘may’, ‘should’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’, ‘believes’, ‘potential’ or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, risks related to the anticipated business plans and timing of future activities of the Company, including the Company’s exploration plans and the proposed expenditures for exploration work thereon, the ability of the Company to obtain sufficient financing to fund its business activities and plans, the ability of the Company to obtain the required permits, changes in laws, regulations and policies affecting mining operations, the Company’s limited operating history, currency fluctuations, title disputes or claims, environmental issues and liabilities, as well as those factors discussed under the   heading ‘Risk Factors’ in the Company’s prospectus dated June 13, 2025 and other filings of the Company with the Canadian Securities Authorities, copies of which can be found under the Company’s profile on the SEDAR+ website at www.sedarplus.ca.  

 

  Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements, except as otherwise required by law.  

 

Copyright (c) 2025 TheNewswire – All rights reserved.

 

 

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Sun Summit Minerals Corp. (TSXV: SMN,OTC:SMREF) (OTCQB: SMREF) (‘Sun Summit’ or the ‘Company’) is pleased to provide an overview of its upcoming exploration program at the Theory Project, Toodoggone Mining District, north-central British Columbia (the ‘Theory Project’).

The Theory Project borders Thesis Gold’s Ranch Project to the north and is located within 10 km to the northwest of Sun Summit’s JD Project. Sun Summit signed an option agreement (the ‘Option Agreement‘) with Eagle Plains Resources Ltd. to earn up to a 100% interest in 10,000 hectares of mineral claims in the highly prospective Toodoggone Mining District, British Columbia (for additional details, refer to the news release of the Company dated March 17, 2025).

‘It is exciting to embark on our first exploration season at the Theory Project. In recent days we have had a chance to visit potential targets of interest on the Theory Project and we look forward to beginning the initial work towards defining drill targets,’ said Niel Marotta, CEO of Sun Summit Minerals. ‘The Theory Project is very close to our flagship JD Project and we expect to benefit from the growing enthusiasm around the work being completed in the Toodoggone region by Sun Summit as well as other exploration activities on neighbouring properties in the district.’

Theory Project Exploration Program

The primary exploration goals at the Theory Project are to identify future drill targets through the continued compilation of historical results, project-wide remote sensing data acquisition followed by a field program consisting of prospecting, geological mapping, and geochemical sampling.

As per the Option Agreement the work program will be managed by TerraLogic under the supervision of Eagle Plains as operator, and will include:

  • Continued detailed data compilation including rectification of extensive surface sampling, and reconnaissance mapping by Taiga between 1986 to 1989.
  • Acquisition of district- and property-scale remote sensing data: focusing on VNIR and SWIR bands used to identify mineral groups that are diagnostic of epithermal and porphyry deposit associated alteration.
  • A field program consisting of prospecting, detailed geological mapping, and rock, soil and silt geochemical sampling to assess the mineralization potential of the Theory Project.

Timeline: Exploration activities are anticipated to begin in late August and continue into September.

Figure 1. Map of the Toodoggone District showing the location of the Theory Project and JD Project in relation to other development and exploration projects. Data sourced from Thesis, TDG and Centerra’s corporate websites.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6142/261109_aa8ac4b424eddac7_001full.jpg

National Instrument 43-101 Disclosure and Disclaimer

This news release has been reviewed and approved by Sun Summit’s Vice President Exploration, Ken MacDonald, P. Geo., a ‘Qualified Person’ as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators. Some technical information contained in this release is historical in nature and has been compiled from public sources believed to be accurate. The historical technical information has not been verified by Sun Summit and may in some instances be unverifiable dependent on the existence of historical drill core and grab samples. Historical results are no indication of future results.

Community Engagement

Sun Summit is engaging with First Nations on whose territory our projects are located and is discussing their interests and identifying contract and work opportunities, as well as opportunities to support community initiatives. The Company looks forward to continuing to work with local and regional First Nations with ongoing exploration.

About the Theory Project

The Theory Project comprises 23 mineral claims covering 9,676 hectares. The project is located in north-central B.C. within the Toodoggone Mining District, and is in close proximity with Sun Summit’s JD Project. The project area shares similar geology to the JD Project and Thesis Gold’s Ranch-Lawyers Projects. The project is helicopter-accessible and recent road upgrades completed in 2023 by Thesis Gold has brought road access to within 8 kilometres of the southern boundary of the Theory Project.

Geology in the Theory region is primarily comprised of lower Jurassic Hazelton Group volcanics (Toodoggone Formation, same host rock as the JD Project) which unconformably overlie late Triassic Takla Group volcanics. The entire package of volcanic and volcaniclastic rocks is intruded by late Triassic and early Jurassic stocks. The Jurassic-Triassic unconformity (~200 Ma), termed by the B.C. Geological Survey as the ‘red-line’, is observed throughout the Golden Triangle and Toodoggone regions to have a high spatial correlation to many known mineral deposits. The majority of the property encompasses this highly prospective contact.

About the JD Project

The JD Project is located in the Toodoggone mining district in north-central British Columbia, a highly prospective deposit-rich mineral trend. The project covers an area of over 15,000 hectares and is in close proximity to active exploration and development projects, such as Thesis Gold’s Lawyers and Ranch projects, TDG Gold’s Baker-Shasta projects, Amarc Resources’ AuRORA project, Centerra Gold’s Kemess East and Underground projects, as well as the past-producing Kemess open pit copper-gold mine.

The project is 450 kilometres northwest of the city of Prince George, and 25 kilometres north of the Sturdee airstrip. It is proximal to existing infrastructure in place to support the past-producing Kemess mine, including roads and a hydroelectric power line.

The JD Project is in a favourable geological environment characterized by both high-grade epithermal gold and silver mineralization, as well as porphyry-related copper and gold mineralization. Some historical exploration, including drilling, geochemistry and geophysics, has been carried out on the property, however the project area is largely underexplored.

About Sun Summit

Sun Summit Minerals (TSXV: SMN,OTC:SMREF) (OTCQB: SMREF) is a mineral exploration company focused on the discovery, expansion and advancement of district scale gold and copper assets in British Columbia. The Company’s diverse portfolio includes the JD and Theory projects in the Toodoggone region of north-central B.C., and the Buck Project in central B.C.

Further details are available at www.sunsummitminerals.com.

Link to Figures

Figure 1: https://wp-sunsummitminerals-2024.s3.ca-central-1.amazonaws.com/media/2025/06/SMN_JD_Plans_20250618_Fig-1.jpg 

On behalf of the board of directors,

Niel Marotta
Chief Executive Officer & Director
info@sunsummitminerals.com 

For further information, contact:

Matthew Benedetto, Simone Capital
mbenedetto@simonecapital.ca 
Tel. 416-817-1226

Forward-Looking Information

Statements contained in this news release that are not historical facts may be forward-looking statements, which involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. In addition, the forward-looking statements require management to make assumptions and are subject to inherent risks and uncertainties. There is significant risk that the forward-looking statements will not prove to be accurate, that the management’s assumptions may not be correct and that actual results may differ materially from such forward-looking statements. Accordingly, readers should not place undue reliance on the forward-looking statements. Generally forward-looking statements can be identified by the use of terminology such as ‘anticipate’, ‘will’, ‘expect’, ‘may’, ‘continue’, ‘could’, ‘estimate’, ‘forecast’, ‘plan’, ‘potential’ and similar expressions. Forward-looking statements contained in this news release may include, but are not limited to the size and scope of the drill program at the JD Project and the Theory Project; the Company’s exploration plans and timing of said plans; how certain work is to be managed and what that work is to include; market and stakeholder reaction to certain works; and the potential for positive findings, if any, from the drill program. These forward-looking statements are based on a number of assumptions which may prove to be incorrect which, without limiting the generality of the following, include: the Company’s ability to complete the exploration plans as currently contemplated; risks inherent in exploration activities; the ability of the Company to find and verify any mineralization; volatility and sensitivity to market prices; fluctuations in metal prices. The forward-looking statements contained in this news release are made as of the date hereof or the dates specifically referenced in this news release, where applicable. Except as required by applicable securities laws and regulation, Sun Summit disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. All forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Further details about the risks applicable to the Company are contained in the Company’s public filings available on SEDAR+ (www.sedarplus.ca), under the Company’s profile.

Neither the TSX Venture Exchange (the ‘TSXV‘) nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/261109

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A new memo being sent to House Republicans on Monday is encouraging them to tout new work requirements for Medicaid and federal food benefits, as lawmakers return to their districts for Congress’ annual August recess period.

Democrats and Republicans are locked in a messaging war over President Donald Trump’s ‘big, beautiful bill,’ a fight that’s only expected to intensify as the 2026 midterm elections creep closer.

Advancing American Freedom (AAF), a group founded by former Vice President Mike Pence, is looking to provide backup to GOP lawmakers with new guidance on how to sell the bill to constituents.

The memo positions Democratic attacks as ‘Left Wing operatives…already working to distort and malign every part of the [one big, beautiful bill].’

Democrats have been accusing Republicans of ripping federal benefits like Medicaid away from millions of people in order to give tax breaks to the wealthy.

They’re hoping to gin up enough outrage against the bill to carry them to take back the House of Representatives next year.

But the memo’s first section encourages GOP lawmakers to point out that ‘every Democrat voted against’ the bill, followed by three of what the right sees as its strongest points.

The AAF memo urges Republicans to say, for example, that the bill’s extension of the 2017 Tax Cuts and Jobs Act (TCJA) avoided a cumulative $4 trillion tax increase for Americans, including ‘working families.’

The bill also includes ‘$165 billion to secure the border, including 3,000 new border patrol agents, $10,000 bonuses for ICE and Border Patrol agents, and $46.5 billion for the wall,’ and ‘$150 billion to rebuild our military including shipbuilding, nuclear arsenal, and the Golden Dome,’ which Democrats opposed as well in their votes against the bill.

In addition to more talking points celebrating the bill’s tax cuts, energy provisions, and spending cut measures, AAF appears to be calling on Republicans to take on Democrats’ criticism of federal benefit reforms head-on.

The memo touts ‘commonsense Medicaid reforms’ like ‘a work requirement for able-bodied adults who are not caretakers or parents of children under 15 years old in the Medicaid and SNAP programs.’

It also encourages Republicans to point out the bill ‘reduces payments for Medicaid to states that provide coverage to illegal aliens by a commensurate amount’ and ‘requires regular reviews to ensure that dead or ineligible people are not enrolled.’

AAF also believes the conservative policy wins in the bill will also be a strong talking point, urging GOP lawmakers to point out that the legislation effectively defunds Planned Parenthood for a year, establishes a new tax credit for school choice, and ‘disincentivizes gambling by letting gamblers only write off 90% of their losses.’

House Republicans working to sell the bill will have their work cut out for them over the next four weeks, however.

A recent Fox News poll conducted in mid-July found that 58% of registered voters disapproved of the ‘big, beautiful bill,’ compared to just 39% who supported it.

The gap between Republicans and Democrats is significant – 73% of registered Republican voters approved of the bill, compared to just 10% of Democrats. Independents opposed the bill by a margin of 29% to 70%.

But Democrats aren’t in the clear, either. A new poll released Monday by the Associated Press-NORC Center for Public Affairs Research shows that a significant number of Democratic Party voters see their party as ‘weak’ and ‘ineffective.’

This post appeared first on FOX NEWS

A Senate Republican wants to crack down on public officials who use their position to grow their wealth.

Sen. John Cornyn, R-Texas, is set to introduce legislation that would create stiffer penalties for public officials who commit federal bank fraud, tax fraud, or loan or mortgage fraud. Cornyn’s bill comes on the heels of two such instances where top officials and lawmakers were hit with allegations of mortgage fraud.

Indeed, Cornyn’s Law Enforcement Tools to Interdict Troubling Investments in Abodes (LETITIA) Act is named for New York Attorney General Letitia James.

The Justice Department earlier this year opened an investigation into James, who successfully won a civil case last year against President Donald Trump and his Trump Organization over allegations of faulty business practices, for alleged mortgage fraud.

Federal Housing Finance Director Bill Pulte alleged in a letter that James could have engaged in mortgage fraud by making false or misleading statements on property records, like a loan application that said her property in Virginia is her primary residence, a building record stating her multifamily Brooklyn property incorrectly has five residences instead of four, and a mortgage application that falsely stated James was her father’s spouse.

‘This legislation would empower President Trump to hold crooked politicians like New York’s Letitia James accountable for defrauding their constituents, violating their oath of office, and breaking the law, and I’m proud to lead my Republican colleagues in introducing it,’ Cornyn said in a statement.

Fox News Digital reached out to James for comment but did not immediately hear back.

Cornyn’s bill also comes after his colleague Sen. Adam Schiff, D-Calif., was similarly hit with allegations of mortgage fraud.

In another letter to the Justice Department, Pulte charged that Schiff falsified bank documents and property records by listing homes in Maryland and California as his primary residence out of an effort to allegedly get more favorable loans.

Marisol Samayoa, a spokesperson for Schiff, said in a statement to Fox News Digital that both Trump and Pulte’s ‘false allegations are a transparent attempt to punish a perceived political foe who is committed to holding Trump to account.’

‘The facts here are simple: Senator Schiff and his wife accurately represented to their lenders that they would occupy and use the Maryland house they purchased in 2003 as a ‘principal residence,’ rather than a vacation home or an investment property,’ she said. ‘He also disclosed to his lenders – repeatedly – that he maintained another home in his district in California, where he lived when not in Washington, and which was also a principal residence, not a vacation home or an investment property.’ 

‘This was done in consultation with relevant House counsel. As was proper, he claimed only a single homestead tax exemption (from California) worth approximately $70 in annual savings,’ she continued.

The bill, which is so far co-sponsored by six Senate Republicans, would increase federal statutory maximum sentences and fines for public officials who abuse their offices and violate the public trust to commit bank fraud, loan or mortgage fraud, or tax fraud.

It would create new mandatory minimum sentences, including one year for bank fraud, one year for loan or mortgage fraud, and six months for tax fraud. And if a public official engages in a repeated pattern of offenses, minimum sentences increase to five years for bank or loan fraud and two years for tax fraud.

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Attorney General Pam Bondi directed her staff Monday to act on the criminal referral from Director of National Intelligence Tulsi Gabbard related to the alleged conspiracy to tie President Donald Trump to Russia, and the Department of Justice is now opening a grand jury investigation into the matter, Fox News Digital has learned.

Bondi ordered an unnamed federal prosecutor to initiate legal proceedings, and the prosecutor is expected to present department evidence to a grand jury to secure a potential indictment, according to a letter from Bondi reviewed by Fox News Digital and a source familiar with the investigation.

A DOJ spokesperson declined to comment on the report of an investigation but said Bondi is taking the referrals from Gabbard ‘very seriously.’ The spokesperson said Bondi believed there is ‘clear cause for deep concern’ and a need for the next steps.

The DOJ confirmed two weeks ago it received a criminal referral from Gabbard. The referral included a memorandum titled ‘Intelligence Community suppression of intelligence showing ‘Russian and criminal actors did not impact’ the 2016 presidential election via cyber-attacks on infrastructure’ and asked that the DOJ open an investigation.

No charges have been brought at this stage against any defendants. A grand jury investigation is needed to secure an indictment against any potential suspects.

The revelation that the DOJ is moving forward with a grand jury probe comes after Gabbard declassified intelligence in July that shed new light on the Obama administration’s allege determination that Russia sought to help Trump in the 2016 election.

Former President Barack Obama and his intelligence officials allegedly promoted a ‘contrived narrative that Russia interfered in the 2016 election to help President Trump win, selling it to the American people as though it were true. It wasn’t,’ Gabbard said during a press briefing of the intelligence.

Among the declassified material was a meeting record revealing how Obama allegedly requested his deputies prepare an intelligence assessment in December 2016, after Trump had won the election, that detailed the ‘tools Moscow used and actions it took to influence the 2016 election.’ 

That intelligence assessment stressed that Russia’s actions did not affect the outcome of the election but rather were intended to sow distrust in the democratic process.

It is unclear who is under investigation and what charges could be in play given statutes of limitations for much of the activity from nearly a decade ago have lapsed.

Former Obama intelligence officials, including John Brennan, James Clapper and James Comey have drawn scrutiny from Trump officials for their involvement in developing intelligence that undermined Trump’s 2016 victory.

This is a developing story. Check back for updates.

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A federal court fight over President Donald Trump’s authority to unilaterally impose sweeping tariffs on U.S. trading partners is expected to be appealed to the Supreme Court for review, legal experts told Fox News Digital, in a case that has already proved to be a pivotal test of executive branch authority.

At issue in the case is Trump’s ability to use a 1977 emergency law to unilaterally slap steep import duties on a long list of countries doing business with the U.S.

In interviews with Fox News Digital, longtime trade lawyers and lawyers who argued on behalf of plaintiffs in court last week said they expect the ruling from the U.S. Court of Appeals for the Federal Circuit in a matter of ‘weeks,’ or sometime in August or September – in line with the court’s agreement to hear the case on an ‘expedited’ basis.

The fast-track timeline reflects the important question before the court: whether Trump exceeded his authority under the International Emergency Economic Powers Act (IEEPA) when he launched his sweeping ‘Liberation Day’ tariffs.

 

Importantly, that timing would still allow the Supreme Court to add the case to their docket for the 2025-2026 term, which begins in early October. That could allow them to rule on the matter as early as the end of the year. 

Both Trump administration officials and lawyers for the plaintiffs said they plan to appeal the case to the Supreme Court if the lower court does not rule in their favor. And given the questions at the heart of the case, it is widely expected that the high court will take up the case for review.

In the meantime, the impact of Trump’s tariffs remains to be seen. 

Legal experts and trade analysts alike said last week’s hearing is unlikely to forestall the broader market uncertainty created by Trump’s tariffs, which remain in force after the appeals court agreed to stay a lower court decision from the U.S. Court of International Trade. 

Judges on the three-judge CIT panel in May blocked Trump’s use of IEEPA to stand up his tariffs, ruling unanimously that he did not have ‘unbounded authority’ to impose tariffs under that law. 

Thursday’s argument gave little indication as to how the appeals court would rule, plaintiffs and longtime trade attorneys told Fox News Digital, citing the tough questions that the 11 judges on the panel posed for both parties.

Dan Pickard, an attorney specializing in international trade and national security issues at the firm Buchanan Ingersoll & Rooney, said the oral arguments Thursday did not seem indicative of how the 11-judge panel might rule.

‘I don’t know if I walked out of that hearing thinking that either the government is going to prevail, or that this is dead on arrival,’ Pickard told Fox News Digital. ‘I think it was more mixed.’

Lawyers for the plaintiffs echoed that assessment – a reflection of the 11 judges on the appeals bench, who had fewer chances to speak up or question the government or plaintiffs during the 45 minutes each had to present their case. 

‘I want to be very clear that I’m not in any way, shape or form, predicting what the Federal Circuit will do – I leave that for them,’ one lawyer for the plaintiffs told reporters after court, adding that the judges, in his view, posed ‘really tough questions’ for both parties.

Oregon Attorney General Dan Rayfield, who helped represent the 12 states suing over the plan, told Fox News Digital they are ‘optimistic’ that, based on the oral arguments, they would see at least a partial win in the case, though he also stressed the ruling and the time frame is fraught with uncertainty.

In the interim, the White House forged ahead with enacting Trump’s tariffs as planned.

Pickard, who has argued many cases before the Court of International Trade and the U.S. Court of Appeals for the Federal Circuit, noted that the oral arguments are not necessarily the best barometer for gauging the court’s next steps – something lawyers for the plaintiffs also stressed after the hearing.

Even if the high court blocks the Trump administration from using IEEPA, they have a range of other trade tools at their disposal, trade lawyers told Fox News. 

The Trump administration ‘has had more of a focus on trade issues than pretty much any other administration in my professional life,’ Pickard said. 

‘And let’s assume, even for the sake of the argument, just hypothetically, that the Supreme Court says this use of IEEPA exceeded your statutory authority. The Trump administration is not going to say, like, ‘All right, well, we’re done. I guess we’re just going to abandon any trade policy.’

‘There are going to be additional [trade] tools that had been in the toolbox for long that can be taken out and dusted off,’ he said. ‘There are plenty of other legal authorities for the president. 

‘I don’t think we’re seeing an end to these issues anytime soon – this is going to continue to be battled out in the courts for a while.’

Both Pickard and Rayfield told Fox News Digital in separate interviews that they expect the appeals court to rule within weeks, not days. 

The hearing came after Trump on April 2 announced a 10% baseline tariff on all countries, along with higher, reciprocal tariffs targeting select nations, including China. The measures, he said, were aimed at addressing trade imbalances, reducing deficits with key trading partners, and boosting domestic manufacturing and production.

Ahead of last week’s oral arguments, U.S. Attorney General Pam Bondi said lawyers for the administration would continue to defend the president’s trade agenda in court.

Justice Department attorneys ‘are going to court to defend [Trump’s] tariffs,’ she said, describing them as ‘transforming the global economy, protecting our national security and addressing the consequences of our exploding trade deficit.’

‘We will continue to defend the president,’ she vowed. 

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Put yourself in Hillary Clinton’s shoes. No, really. I know it’s an abhorrent thought, but imagine being Hillary, having initiated the greatest political dirty trick of all time, watching Russiagate unspool over the past decade. Think of her witnessing the country go down the granddaddy of all rabbit holes in 2017 – a rabbit hole she personally helped dig — looking for proof of Russian collusion between Donald Trump and Vladimir Putin that she knew didn’t exist. 

What was she thinking as the country hired a special prosecutor and spent tens of millions of taxpayer dollars to pursue leads that she and her campaign team had fabricated out of thin air? Was she ever remorseful? Was there ever a moment when she wanted to reel in the whole sorry deception and tell the country that she was sorry, and that she had lied?

No, there was not. Hillary Clinton even wrote a book called ‘What Happened?’ in which she blamed Putin, along with Sen. Bernie Sanders, I-Vt. and former CIA Director James Comey for her shocking loss to Donald Trump, a non-politician whom she mocked and derided. To this day, she sticks to her self-serving fable, that Russian President Vladimir Putin was out to get her and, but for his interference, she would surely have become the country’s first female president.

The reality is that Hillary Clinton was a terrible candidate, disliked and distrusted by most Americans. Polling from CNN that came out about the time of the 2016 Democrat Convention gives a taste of what voters thought of Clinton.  The Washington Post reported, ’68 percent say Clinton isn’t honest and trustworthy… her worst number on-record….  The 30 percent who see Clinton as honest and trustworthy is now well shy of the number who say the same of Trump: 43 percent.’ 

The public was right not to trust Clinton; the more we learn about Russiagate, and her role in it, the more apparent that is. 

Any normal person would conclude that Clinton, whose approval rating CNN pegged at a dismal 31% in July 2016, was not a shoo-in come the November election. Barack Obama had been president for eight years and the country had become less Democrat-leaning during his term; only 31% of the nation identified as Democrat in 2016, while 36% had described themselves as true blue in 2008, when he was first elected. 

Though expressing confidence that she would win, maybe Hillary knew she had to pull out all stops to beat Donald Trump. Perhaps that’s why she signed off on two dirty tricks that led to the despicable undermining of Donald Trump’s presidency. 

First, her former campaign manager Robby Mook testified in court that she personally approved her campaign’s scheme in October 2016 to tell a Slate magazine reporter about an unverified server backchannel between the Trump Organization and Alfa bank in Moscow. This supposed connection formed the first step in trying to convince the public that Donald Trump was a tool of Vladimir Putin. The purported link never existed, but it was widely publicized by Hillary’s supporters and the legacy media (I repeat myself), creating suspicion in the public’s mind. 

After the Slate story emerged, weeks before the election, Hillary put out a tweet claiming ‘Computer scientists have apparently uncovered a covert server linking the Trump Organization to a Russian-based bank,’ followed up by a news release in which she said, ‘This secret hotline may be the key to unlocking the mystery of Trump’s ties to Russia.’ 

The FBI subsequently concluded no ‘hotline,’ indeed no link, ever existed. Interestingly, another apparatchik pushing the Trump-Alfa bank lie was Jake Sullivan, later presumably rewarded by President Joe Biden appointing the unknown politico to be National Security Adviser. 

Of course, the bigger and more destructive Russia collusion lie that Hillary helped originate came from the salacious allegations contained in the Steele dossier, paid for by the Clinton campaign, which led to the longtime investigation into Russian interference and the appointment of Special Counsel Robert Mueller. This is a fact, verified by the fact that the Federal Election Commission under Biden penalized the campaign and the DNC for lying about having funded that opposition research. 

The story, however, goes on. New revelations have revived accusations that Hillary Clinton, as well as Barack Obama, James Comey, John Brennan and others manipulated intelligence and facts to feed the public even more lies about Donald Trump’s supposed ties to Russia. 

Amazingly, the New York Times has again leapt into the breach to protect Clinton, perhaps concerned they might lose their 2018 Pulitzer earned for helping promote a fake news story. They reference, ‘An annex to a report by the special counsel John H. Durham’ but claim the disclosures are an effort by ‘the Trump team [seeking] to distract from the Jeffrey Epstein files.’ They write that GOP allegations that ‘Mrs. Clinton had approved a campaign proposal to tie Mr. Trump to Russia to distract from the scandal over her use of a private email server’ is not valid because…the damning emails contained in the annex are likely fabrications from Russian spies. Sure. 

Will we ever know the complete truth about the plot hatched to discredit the Trump presidency? Probably not, and it is probably also true that key players like Hillary Clinton will never be held accountable.

But, as Hillary watches the ongoing revelations coming from the Trump White House, we can also imagine that she is getting her comeuppance. Her treachery and deceit -– knowing how badly she has abused the public’s trust — has surely shriveled her soul, leaving her bitter and defeated. 

People now see her as a corrupt schemer, someone who knew she could not win an election on her merits and so resorted to lies and fabrications that hurt the country. 

We also now see her as someone who didn’t just attack President Trump, but also the 61 million Americans who voted for him in 2016.

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