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Gold investors are advised to allocate between 5% and 10% of their portfolios to the precious metal as a hedge against economic uncertainty, while also considering silver’s dual role as both an investment and industrial metal, according to insights from Rick Kanda, Managing Director of The Gold Bullion Company.

In light of recent market developments, Kanda emphasised in an interview with Invezz, the importance of gold as a safe-haven asset, especially as prices surged to a record $3,600/oz recently. 

He attributed this rise to factors such as central bank diversification away from the US dollar and ongoing geopolitical instability. 

With strong demand from Asian central banks, Kanda noted that forecasts from institutions like J.P. Morgan suggest gold could potentially reach $4,000/oz  in 2026.

He also discussed the complexities surrounding silver, highlighting how tariff disputes can create uncertainty for industrial demand while simultaneously driving safe-haven interest.

Cultural factors, such as India’s wedding season and China’s Lunar New Year, continue to influence gold consumption patterns, even amid tariff and rate uncertainties. 

To navigate these market dynamics effectively, Kanda’s recommendation for a balanced portfolio underscores the need for investors to enhance risk-adjusted returns while safeguarding against potential economic downturns.

Edited excerpts:

What’s driving the gold rush?

Invezz: What’s driving this bull run in gold prices, and can we expect prices to hit $4,000/oz by mid-2026 as some forecasts suggest?

Gold prices hit a record $3,500 per ounce in April 2025 due to a combination of factors, including central bank diversification away from the US dollar, sustained geopolitical instability, and increasing concerns about rising US deficits and potential inflation.

These drivers, coupled with strong demand from Asian central banks that have accelerated their purchases of gold, are creating a bullish trend. Many forecasts, including those from J.P. Morgan, suggest gold could reach $4,000/oz by mid-2026.

Invezz: With the Fed holding rates at 4.25–4.5% and signaling only two cuts in 2025, how will this impact gold and silver prices, given their sensitivity to interest rates?

While it isn’t always certain, gold and silver prices go up when interest rates go down. This is something we could see if there is another cut coming later this month.

The reason this happens is that rising interest rates make investments such as stocks and bonds more attractive for investors. When interest rates come down, investors will see less return through these methods and shift to investing in gold, stocks and shares. 

This increased demand can then raise the price of gold globally.

Invezz: Silver prices are volatile due to its dual role as an investment and industrial metal. How are US tariffs, like those on Chinese solar panels, affecting silver demand?

The US tariffs on Chinese solar panels may diminish demand for silver in a small way if China cuts production in the face of reduced demand from the US. 

Whilst the increased tariffs have made it more expensive for the US to buy products, it hasn’t made it more expensive for China to produce them, only if we see a demand reduction, which puts pressure on manufacturers.

However, over the longer term, they could sustain or even boost silver use, especially with the US recently promoting silver from a mere asset to a ‘Critical Mineral’ – a drive that could increase investment and industrial demand.

Central bank demand

Invezz: Global central banks are forecasted to buy 900 tonnes of gold in 2025. How does this shift, especially in Asia, influence long-term gold price stability?

The projected 900 tonnes of central bank gold purchases in 2025, particularly from Asian nations, will likely contribute to long-term price stability by creating a stable floor of demand, diversifying reserves away from the US dollar, and acting as a “flight-to-safety” asset amidst geopolitical and economic uncertainty.

This robust demand from central banks has helped push gold prices to record highs and is seen as a structural rather than cyclical factor supporting a potentially higher and longer price environment.

Invezz: US tariffs are raising inflation concerns, with potential consumer price hikes. How will this stagflationary environment affect gold and silver as hedges?

Despite US tariffs raising concerns for many sectors and potentially increasing consumer prices, gold and silver are likely to perform well as they traditionally do against economic uncertainty, increasing demand for safe-haven assets.

Tariffs contribute to higher prices, which can weaken consumer purchasing power and prompt central banks to cut rates, further boosting gold’s appeal.

Silver’s complex nature

Invezz: Why does silver exhibit more complex price movements than gold during tariff disputes, and what opportunities does this create for investors?

Silver exhibits more complex price movements than gold during economic uncertainty, especially tariffs, as it’s both a precious metal (like gold) and a crucial industrial commodity. This makes its price sensitive to both safe-haven demand and industrial economic conditions.

Tariff disputes create uncertainty for the industrial demand for silver (used in electronics, solar panels, and electric vehicles) and simultaneously drive safe-haven demand.

Due to the dual influence of silver used in both industries and investments, the demand can fluctuate, which can influence investors unsure whether to focus on its industrial use or as an asset, like gold.

Investors can seize opportunities by monitoring both trade-related news affecting silver’s industrial uses and macroeconomic trends to identify potential shifts in its biggest value at the time.

Asian demand

Invezz: With India’s wedding season and China’s Lunar New Year boosting gold demand, how will these cultural factors interact with tariff and rate uncertainties in 2025?

The wedding season in India, which typically runs from November to May, is a huge driver of gold consumption. While mid-December to mid-January may be quieter, the rest of the wedding season maintains steady demand.

In Asia, the Chinese New Year and festivals like Diwali in India are key times when gold is traditionally traded, often as a lucky charm or to celebrate important events like weddings.

Regardless of tariff rate and uncertainty, we are always likely to see patterns of buying linked to these seasonalities in different regions. 

Early this year, we faced a huge period of uncertainty with Trump’s tariffs and yet China’s holiday gold still continued – prices were just higher for buyers.

Portfolio management

Invezz: Finally, you have spoken about gold’s value as a long-term investment. What kind of percentage is ideal for investors to hold in their portfolios? Also, how much silver should one possess?

Whilst there isn’t a single percentage that is ideal, for long-term investors whose main aim is to hedge gold as a safe asset amid economic uncertainty, a common recommendation is between 5% and 10%.

This allocation provides a safety net, enhancing risk-adjusted returns and offering a hedge against economic downturns. 

It also improves the balance between risk and reward, without putting too much money into one type of investment that might do badly.

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A Senate Democrat compared language from one of the nation’s founding documents to that of Iran during a Senate hearing considering President Donald Trump’s nominees.

Sen. Tim Kaine, D-Va., pushed back against the opening statement of Riley Barnes, who was tapped by Trump to serve as assistant secretary of state for democracy, human rights and labor, during a Senate Foreign Relations hearing Wednesday.

Barnes quoted Secretary of State Marco Rubio in his opening remarks, telling lawmakers on the panel, ‘We are a nation founded on a powerful principle, and that powerful principle is that all men are created equal, because our rights come from God our Creator — not from our laws, not from our governments.

‘The secretary went on to say that we will always be strong defenders of that principle, and that’s why the Bureau of Democracy, Human Rights, and Labor is important,’ he said. ‘We are a nation of individuals, each made in the image of God and possessing an inherent dignity. This is a truth that our founders understood as essential to American self-government.’

But Kaine, who is a Catholic, found Barnes’ sentiment ‘troubling.’

‘The notion that rights don’t come from laws and don’t come from the government, but come from the Creator, that’s what the Iranian government believes,’ Kaine said. ‘It’s a theocratic regime that bases its rule on Shia law and targets Sunnis, Bahá’ís, Jews, Christians and other religious minorities.

‘And they do it because they believe that they understand what natural rights are from their Creator,’ he continued. ‘So, the statement that our rights do not come from our laws or our governments is extremely troubling.’

Kaine said he was a ‘strong believer in natural rights’ but noted that if natural rights were to be debated by people within the committee room with different views and religious traditions, ‘there would be some significant differences in the definitions of those natural rights.’

While the Constitution does not explicitly mention God or a Creator, the Declaration of Independence does.

‘We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness,’ the document states.

Kaine’s sentiment drew heat from Bishop Robert Barron of Minnesota, who panned his remarks in a post on X Thursday. Barron argued that the lawmaker was ‘actively contesting the view that our rights come from God and not from the government.’

‘If the government creates our rights, it can take them away,’ Barron said. ‘If the government is responsible for our rights, well then it can change them.’

‘It just strikes me as extraordinary that a major American politician wouldn’t understand this really elemental part of our system. God help us. I mean that literally, God help us if we say our rights are coming to us from the government, that gives the government, indeed, godlike power,’ Barron continued. 

Fox News Digital reached out for comment from Kaine’s office but did not immediately hear back. 

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China’s Xi Jinping likes getting the world stirred up with military confrontation. Perhaps that’s why he wore his Mao Zedong high-collar suit, channeling the aura of the 1949 revolution, to the first major military parade in China since 2019. 

With him stood Russia’s Vladimir Putin and North Korea’s Kim Jong Un, marking the first time in 66 years that this terrible trio of leaders of China, North Korea and Russia have gotten together. 

And did you catch the hot mic moment with Xi and Putin, both 72, groaning like the ‘Grumpy Old Men’ they are about how ’70 is just a child’ and wondering if organ transplants can enable immortality? Kim, just 41, stifled a grin. Who knows who will have the last laugh in that trio. They are not my picks for immortality. 

Xi, Putin and Kim had their serious dictator faces back on as they watched as China’s People’s Liberation Army Rocket Force – teacher’s pet to Xi – roll their DF-5C intercontinental nuclear missiles down the streets of Beijing. They also showed off a new variant of their DF-26D medium-range missile. They claim it can hit U.S. ships and aircraft carriers or the island of Guam. 

Dealing with this trio is a challenge like no other. And it’s all in a day’s work for President Donald Trump. Trump said he’s not concerned and called them out with some choice trash-talk, posting on Truth Social about their rather obvious efforts to ‘conspire’ against the U.S.

The China-Russia military alliance is the single biggest danger the U.S. military has ever faced. 

However, Xi’s plan for world domination is showing some fault lines. Xi has scrambled for 13 years to build up China’s military. His strategy is based on loading up with missiles, missiles and more missiles. Yet looking at what rolled down the streets in Beijing, the fact remains that China can’t outpace U.S. military technology, despite decades of espionage, copycat designs and heavy military spending. 

The U.S. has some far superior systems. I’m talking about the new B-21 stealth bombers and F-47 sixth-gen fighters, for example. China has no true equivalents. 

The U.S. also has new ways to deal with China’s missiles. The U.S. Space Force’s new Hypersonic and Ballistic Track and Surveillance System will use a constellation of satellites in low earth orbit, cued to use a medium field-of-view, to track China’s hypersonic missiles as they maneuver. Innovations like this nix China’s gains. 

The parade showcasing ‘multi-domain’ technologies that might be used during an invasion of Taiwan was underwhelming. China’s laser gun on the truck, the unmanned surface vessels and even the big underwater drones are nothing remarkable. The U.S. has all that. Just check out the U.S. Navy’s massive Orca drone, which can lay seabed mines all by itself. Or the U.S. Army’s high-energy laser tests against drone swarms at Fort Sill, Oklahoma, this summer. 

Xi needs his thug friends to challenge the U.S. and allies. Sadly, China allows Putin the option of refusing to talk about ending the war in Ukraine. The warm welcome given to North Korea showed that China is eager for Kim’s rising nuclear capabilities to provoke the U.S. and Pacific partners. Kim toured a solid-fueled missile facility before boarding the train to Beijing and North Korea is working on nuclear submarines as well. That’s scary.

Trump’s nonchalance in dealing with this terrible trio is possible because the administration is taking action every day to shore up America’s power and oppose the China-Russia alliance. 

In the Oval Office Tuesday, Trump flexed American power with two very different announcements.

First, U.S. forces blew up a Tren de Aragua drug runner’s fast boat with an anti-ship missile. The strike opened a whole new chapter in the drug war.  

Tren de Agua is a designated terrorist organization, so in tactical terms, this is no different from striking ISIS or Houthi terrorists in the Middle East.  Believe me, the U.S. Navy has plenty more anti-ship missiles and it’s high time to clean up the Western Hemisphere. Trump’s predecessor James Monroe, famous for the Monroe Doctrine, would be proud.

Next, Trump announced that U.S. Space Command will be headquartered in Huntsville, Alabama. U.S. dominance in military and commercial space is essential for the economy and for global power; that’s why Trump created the United States Space Force as the sixth military branch in 2019. 

Elon Musk’s Starlink and now Amazon’s Kuiper are muscling China out with thousands of satellites in low-earth orbit to deliver broadband, and backstop U.S. military freedom of action in space. And the Space Force is key to the Golden Dome defenses for the U.S.

Finally, no military parade can cover up the fact that China, Russia and North Korea all face economic problems. China’s growth rate has halved in recent years and tariffs threaten the continued expansion in global markets that is Xi’s top economic priority. Russia is running on defense production and oil sales, and North Korea has no discernible economy apart from its trade with China. 

Those other leaders in the parade photo had better not be looking to do more business with the U.S. anytime soon. The larger economic reality is that the U.S. is winning the AI race and, with concerted effort, can shut the door on China’s attempts to dominate AI. 

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Vice President JD Vance shot back at senators who clashed withHealth and Human Services Secretary Robert F. Kennedy Jr. at a hearing before the Senate Finance Committee Thursday, saying they are ‘full of s— and everyone knows it.’

Sen. Ron Wyden, D-Ore., pressed Kennedy during the hearing, accusing him of endangering children with reckless decisions and conspiracy-driven policies, adding that he believed Kennedy had ‘no regrets’ about a ‘fundamentally cruel’ agenda. 

Kennedy countered by noting Wyden’s decades in office while chronic disease rates climbed to 76%.

The Vice President later sounded off on X, using profanity while directly addressing the opposition.

‘When I see all these senators trying to lecture and ‘gotcha’ Bobby Kennedy today all I can think is: You all support off-label, untested, and irreversible hormonal ‘therapies’ for children, mutilating our kids and enriching big pharma,’ Vance wrote in an X post. ‘You’re full of s— and everyone knows it.’

Secretary Kennedy reposted the Vice President, writing ‘Thank you @JDVance. You put your finger squarely on the preeminent problem.’

Other White House voices chimed in to support Secretary Kennedy after the fiery hearing. Press secretary Karoline Leavitt wrote, ‘Secretary @RobertKennedyJr is taking flak because he’s over the target. The Trump Administration is addressing root causes of chronic disease, embracing transparency in government, and championing gold-standard science. Only the Democrats could attack that commonsense effort.’

‘Democrats are getting absolutely TORCHED by @SecKennedy,’ wrote Deputy White House chief of staff Taylor Budowich. ‘They seem uninterested in health or human services, just parrots of a failed medical orthodoxy that has made America less healthy. Great hearing and preparation by the Sec.’

The exchange came a day after more than 1,000 current and former HHS employees called for Kennedy’s resignation.

At the hearing, Wyden accused Kennedy of elevating conspiracy theories and mismanaging federal health agencies, saying his tenure has been defined by ‘chaos’ and ‘corruption’ benefiting himself and President Donald Trump and rising health costs for families.

He also accused Kennedy of ‘taking vaccines away from Americans’ and threatening doctors who deviated from his guidelines.

Kennedy touted his department’s work, saying it has been ‘the busiest, most proactive administration in HHS history.’ 

In six months, he said, HHS has tackled issues ranging from food and baby formula contamination to drinking water safety, drug prices, e-cigarettes, heroin at gas stations and prior authorization delays.

‘We’re ending gain of function research, child mutilation and reducing animal testing,’ Kennedy said. ‘We are addressing cellphone use in schools, excessive screen time for youth, lack of nutrition education in our medical schools, sickle cell anemia, hepatitis C, the East Palestine chemical spill and many, many others. At FDA, we are now on track to approve more drugs this year than at any time in history.’

Committee Chairman Mike Crapo, R-Idaho, Vance and Wyden did not immediately respond to Fox News Digital’s requests for comment.

Fox News Digital’s Anders Hagstrom contributed to this report.

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President Donald Trump stood by Health and Human Services Secretary Robert Kennedy Jr. after he faced an intense grilling from senators on Capitol Hill on Thursday, telling reporters, ‘I like the fact that he’s different.’

While speaking with the press during his dinner with technology industry leaders at the White House, Trump was asked about the hearing.

‘Mr. President, Sen. Bill Cassidy [R-La.] said, effectively, we’re denying people vaccines. Do you have full confidence in what RFK Jr. is doing?’ asked a reporter.

Trump noted that he ‘didn’t get to watch the hearings today,’ but spoke highly of Kennedy, saying, ‘he’s a very good person.’

‘He means very well. And he’s got some little different ideas. I guarantee a lot of the people at this table like RFK Jr., and I do, but he’s got a different take, and we want to listen to all of those takes,’ said the president.

‘But I heard he did very well today,’ Trump went on. ‘It’s not your standard talk, I would say that, and that has to do with medical and vaccines. But if you look at what’s going on in the world with health and look at this country also with regard to health, I like the fact that he’s different.’

While testifying before the Senate Finance Committee, Kennedy faced intense criticism from Democratic senators, including Sen. Ron Wyden, D-Ore., who accused Kennedy of putting children into ‘harm’s way’ with his policies.

Wyden pressed Kennedy during the hearing, saying that he believed Kennedy had ‘no regrets’ about a ‘fundamentally cruel’ agenda. 

‘This is about kids being pushed into harm’s way by reckless and repeated decisions to get scientists and doctors out of the way and allow conspiracy theories to dictate this country’s health policy,’ Wyden said at the end of his questioning. 

‘I don’t see any evidence that you have any regrets about anything you’ve done or plans to change it. And my last comment is, I hope that you will tell the American people how many preventable child deaths are an acceptable sacrifice for enacting an agenda that I think is fundamentally cruel and defies common sense,’ said Wyden.

Kennedy countered by noting Wyden’s decades in office while chronic disease rates climbed significantly.

‘Senator, you’ve sat in that chair how long? Twenty, 25 years, while the chronic disease of our children went up to 76%. And you said nothing.’

‘You never asked the question of why it’s happening. Why is this happening? Today, for the first time in 20 years, we’ve learned that infant mortality has increased in our country. It’s not because I came in here. It’s because of what happened during the Biden administration that we’re going to end,’ he continued.

Vice President JD Vance also came to Kennedy’s defense on Thursday, saying the senators who grilled him are ‘full of s— and everyone knows it.’

‘When I see all these senators trying to lecture and ‘gotcha’ Bobby Kennedy today all I can think is: You all support off-label, untested, and irreversible hormonal ‘therapies’ for children, mutilating our kids and enriching big pharma,’ Vance wrote in an X post. ‘You’re full of s— and everyone knows it.’

Kennedy reposted the vice president, writing, ‘Thank you @JDVance. You put your finger squarely on the preeminent problem.’

Kennedy’s testimony came one day after over 1,000 current and former HHS employees signed a letter calling for his resignation on Wednesday. Sen. Bernie Sanders, I-Vt., also called for his resignation.

Fox News Digital’s Alexandra Koch, Jasmine Baehr and Anders Hagstrom contributed to this report.

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The U.S. accepted a luxury Boeing Jet as a gift from Qatar in May, with plans to retrofit it to become the next Air Force One. The Air Force says the effort will cost less than $400 million for the updates. Other estimates show it could cost more than $1 billion. 

Meanwhile, a separate deal with Boeing to produce two new 747-8s has faced significant delays and cost the company more than $1 billion.

‘They’re getting a new Air Force One. I didn’t want to do it because if I did it they’d say why are you doing that?,’ President Donald Trump said in January 2016. ‘I don’t mind getting that plane, but, you know, it does seem like an awful lot of money, doesn’t it?’

The Air Force first announced the plan to develop the 747-8s in 2015, when President Barack Obama was in office.

‘The President doesn’t need a new plane right now. But eight years from now, whoever is President, they are likely to need a new plane,’ White House Press Secretary Josh Earnest said in October 2015.

Nearly ten years later, the Air Force One project has yet to deliver, prompting President Trump to look for other options.

‘I’m not happy with Boeing. It takes them a long time to do, you know, Air Force One,’ President Trump said in February. ‘I could buy one from another country, perhaps. Or get one from another country.’

The Air Force and Boeing now say their jets could fly by 2027. A White House report estimates the debut might not take place until 2029. President Trump told reporters on July 29, the retrofitted Qatar Jet could be in the air by February. 

‘I think it’s another example of them pulling us so closely to them that our interests become aligned, even if they’re not,’ Staff Writer for the Free Press Jay Solomon said.

According to an investigation by Solomon and fellow Free Press writer Frannie Bock, Qatar has spent almost $100 billion to establish its influence in the U.S. Qatari officials have funneled money into Ivy League universities to build campuses in Doha, newsrooms like Al Jazeera and corporations to establish offices in Qatar. Doha has also made an effort to invite congressional delegations to visit, while paying lobbyists to align with lawmakers on both sides of the aisle. President Trump even made a stop in the country as part of the first major foreign trip of his second term.

‘Their national security apparatus is fused now into the United States. They’re surrounded by Iran, Saudi Arabia, the UAE countries they’re either kind of frenemies with or not friends at all,’ Solomon said.

Qatar’s ties to Iran and extremist groups lead many of its neighbors to sever diplomatic relations for several years.

‘The nation of Qatar, unfortunately, has historically been a funder of terrorism at a very high level,’ President Trump said in June 2017.

The blockade ended with little impact on Qatar’s economy and without Doha meeting the demands to end its ties to terror groups.

‘They sort of use their relationship with the United States as a way to project what is a very aggressive foreign policy. Which there are a lot of questions, is that foreign policy really aligned with the U.S.?’

Qatar allowed the Taliban to open a political office in Doha in 2013 while maintaining close relations with the U.S. The Qataris have also worked to negotiate peace between Israel and Hamas.

‘It’s really unfair accusations for [saying] Qatar’s trying to buy influence. Throughout the last 25 years or 30 years, you will see, you’ll find Qatar always by the side of the U.S. in many areas and many things,’ Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani said.

Qatar said they are proud of their relationships with U.S. entities and its effort to mediate conflicts, but some question the country’s intentions.

‘I stew over this, to be honest. A lot of people do. I think they have gotten some of the hostages if you look at it on a positive note, they helped Americans get out of Afghanistan. They helped negotiate the end of our role in Afghanistan. You could look at that and say, wow, that’s positive,’ Solomon said. ‘But I do think they empower groups in a lot instances that are not our friends.’

Lawmakers on both sides of the aisle express unease over Qatar’s controversial record on human rights and terror links.

‘Qatar is not, in my opinion, a great ally,’ Sen. Rick Scott, R-Fla., said in May.

Rep. Ted Lieu, D-Calif., said at a press conference with other democrats that ‘there is no such thing as a free palace in the sky.’ And Sen. Chris Coons, D-Del., noted ‘the Trojan Horse was a gift.’

The White House deflected concerns. Treasury Secretary Scott Bessent told CNN, ‘the French gave us the Statue of Liberty. The British gave us the Resolute Desk.’

Senate Minority Leader Chuck Schumer, D-N.Y., announced a hold on approving all Justice Department nominees until the White house gave more details about the jet deal.

‘This just isn’t naked corruption. It’s also a national security threat,’ Schumer said on the Senate Floor in May.

Democrats have now delayed more than 140 judicial nominees.

‘When it comes to gifts, we have ethics rules. We have them in the Senate. We’ve got them in White House. Those rules need to be followed. And ultimately what we want is to make sure that we’ve got the president traveling in a way that’s as safe as possible,’ Sen. Pete Ricketts, R-Neb., said.

A memo reviewed by ABC News stated the donation of the jet is unconditional and that ‘the aircraft may be used or disposed by the DOD in its sole discretion.’

U.S. laws generally prohibit the acceptance of large foreign gifts by government employees, including the president. However, the statute can be interpreted to show gifts can be put into official government use with the agency’s approval.

‘This plane’s not for me. This goes to the United States Air Force. For whoever is president. At some point, it’ll be like Ronald Reagan, it will be decommissioned. You know, it’s 11 years old,’ President Trump said on Special Report during his trip to the Middle East. ‘It would be decommissioned because they won’t want it. Plus, they’ll have the other two planes by that time.’

Legal analysis also shows an individual may transfer large gifts to a government agency for sale or donation. President Trump says the jet would be donated to his presidential library after he leaves office.

‘When they give you a putt, you pick it up and you walk to the next hole and you say, thank you very much,’ President Trump said to questions over the ethics of the gift.

‘There seems to be conflicts of interest all over the place. When it comes to Qatar and the highest wrongs of the administration,’ Solomon said. ‘Are their decisions on these types of issues gonna be in any way conflicted or influenced by the fact that they’re taking major gifts from a government that’s the main Sponsor of the Muslim Brotherhood.’

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Israel has 40% control of Gaza City as the Israel Defense Forces are now preparing to seize the entire area, an Israeli military spokesperson confirmed Thursday. 

Brig. Gen. Effie Defrin told reporters at a news briefing that his forces had already secured large neighborhoods in its latest offensive.

‘We continue to damage Hamas’ infrastructure,’ he said before adding: ‘Today we hold 40% of the territory of Gaza City.’

‘We will continue to operate until all the war’s objectives are achieved. First and foremost, the return of the hostages and the dismantling of Hamas’ rule,’ he added.

Last week, Israel declared Gaza City in the north a combat zone, with some districts designated red zones, urging Palestinians to leave.

Senior officials warned that military rule may be imposed and Palestinians were told to evacuate to the south, with some of Prime Minister Benjamin Netanyahu’s coalition partners pushing for a permanent Israeli settlement in Gaza.

Meanwhile, Gaza health officials said at least 53 Palestinians were killed Thursday, most in Gaza City, as Israeli forces pressed deeper into eastern suburbs.

Residents reported heavy bombardments in Zeitoun, Sabra, Tuffah and Shejaia while tanks advanced into Sheikh Radwan, northwest of the city center, crushing homes and setting fires in encampments.

Mahmoud Bassal, spokesperson for Gaza’s civil emergency service, said the bombardment destroyed four buildings in what he described as a ‘fire belt’ targeting civilians.

‘Even if Israel issues warnings, there are no places that can accommodate the people,’ he said.

On the evacuations, Israeli officials say 70,000 people have fled Gaza City so far, though Palestinian authorities contend far fewer have left, with tens of thousands still in the path of advancing forces.

Israel launched its major Gaza City offensive on Aug. 10 under ‘Operation Gideon’s Chariots,’ deploying tens of thousands of reservists to fight together with its regular troops.

There are still 48 hostages believed to be held in Gaza.

Netanyahu initially said Israel would conquer all of Gaza after indirect talks with Hamas on a ceasefire and hostage release deal broke down in July.

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COLUMBUS, Ga. — During a trip to Fort Benning on Thursday, Defense Secretary Pete Hegseth said the department is working on re-establishing deterrence, ‘so that when the enemy sees an American, they don’t want to f— with us.’

The comments came after Hegseth spoke at an Officer Candidate School (OCS) graduation ceremony, where candidates were commissioned as second lieutenants in the Army or ensigns in the Navy.

Following the ceremony, he made remarks at the Infantry Basic Officer Leader Course luncheon — sharing stories about his children wanting Army Ranger shirts, and noting the proudest moment of his life would be saluting them if they earned it.

Hegseth also touched on military priorities under the Trump administration, noting the Department of Defense’s focus is rebuilding the military to ensure it has the best possible equipment from the warfighter perspective, across all services. 

‘And then reestablishing deterrence, so that when the enemy sees an American, they don’t want to f— with us,’ Hegseth said. ‘Because they know they’ll get the business end of the best warrior on the planet. We’re reestablishing that. Whether it’s midnight hammer, or freedom of navigation, or narco-traffickers that are poisoning the American people.’

He said the world knows that when President Donald Trump speaks, he means business, adding that the graduates are the faces of that deterrence. 

‘It’s you that we remember, and we think of, when we make decisions,’ Hegseth said. ‘It’s the job of policymakers and leaders in our positions to look down and say, ‘We’ve asked you to do tough things, we’re going to have your back when you do it.’ We’re going untie your hands and make sure you can unleash hell in Yemen. Absolute violence of action. 

‘We’re going to push decision-making authority down to you, the platoon level, the company level, the battalion unit level, as much as possible.’

During the trip, the secretary also teased that the Defense Department may have a new name on Friday, which Fox News Digital’s Diana Stancy and Emma Colton were first to confirm.

Trump will sign an executive order allowing the department to use the ‘Department of War’ as a secondary title, along with phrases like ‘secretary of war’ for Hegseth.

The order also directs Hegseth to propose legislative and executive actions to make the name change permanent.

Fox News Digital’s Diana Stancy and Emma Colton contributed to this report.

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The Trump administration asked the Supreme Court on Thursday to allow the president to fire a member of the Federal Trade Commission, after lower courts ruled he lacks the authority to remove members of independent agencies without cause.

President Donald Trump moved to fire Rebecca Slaughter earlier this year, but lower courts ruled she could keep her job because the law only allows commissioners to be removed for issues such as misconduct or neglect of duty.

Earlier this week, an appeals court said Trump unlawfully fired Slaughter and that her firing was squarely at odds with Supreme Court precedent.

The Justice Department contends that the FTC and other executive branch agencies are under Trump’s control and that the president has the power to remove commissioners without cause.

The testing of the president’s removal power could lead the nation’s highest court to consider overturning a 1935 Supreme Court decision known as Humphrey’s Executor, in which justices unanimously ruled that presidents cannot fire independent board members without cause.

The ruling brought in an era of powerful independent federal agencies charged with regulating labor relations, employment discrimination, the airwaves and other matters.

That case also centered around the FTC, which was highlighted by lower-court judges in the lawsuit filed by Slaughter, who has been fired and rehired multiple times this year as the case worked its way through the courts.

The FTC is a regulator created by Congress that enforces consumer protection measures and antitrust legislation. The agency’s seats are typically made up of three members of the president’s party and two from the opposing party.

Slaughter was first appointed by Trump in 2018, and then later reappointed by former President Joe Biden. She is the only remaining Democrat on the FTC.

The high court has already allowed the removal of several other board members from independent agencies. 

The justices have also suggested that Trump’s removal powers have limitations at the Federal Reserve, which could soon be tested as well in the case of Lisa Cook, a member of the Federal Reserve Board of Governors.

The Associated Press contributed to this report.

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Senate Democrats found unlikely allies in Senate Republicans during a fiery hearing, where Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. was grilled for his stance on vaccines.

Kennedy’s testimony before the Senate Finance Committee on Thursday was billed as a discussion on President Donald Trump’s healthcare agenda, but it quickly turned into a tongue-lashing from lawmakers, who accused the secretary of lying to the panel about how he would operate the HHS and Centers for Disease Control and Prevention (CDC).

While a barrage of heated exchanges between Kennedy and Democrats were expected, it was heat from Senate Republicans on the panel, including a pair of doctors turned legislators, who stood out.

‘I support vaccines. I’m a doctor. Vaccines work,’ Senate Majority Whip John Barrasso, R-Wyo., said. ‘Secretary Kennedy, in your confirmation hearings, you promised to uphold the highest standards for vaccines. Since then, I have grown deeply concerned.’

‘The public has seen measles outbreaks, leadership at the National Institutes of Health questioning the use of mRNA vaccines, the recently confirmed director of Center for Disease Control and Prevention fired,’ he continued. ‘Americans don’t know who to rely on.’  

When asked what he would do to ensure that vaccine guidance was clear, Kennedy said, ‘We’re going to make it clear, evidence-based and trustworthy for the first time in history.’

The hearing came on the heels of a week of turmoil at the CDC, where Kennedy fired former CDC Director Susan Monarez, which led to several senior officials resigning from the agency. Before that, the secretary had cleaned out the federal government’s vaccine recommendation panel and handpicked his own members to serve, and he also moved to cancel $500 million in mRNA vaccine contracts.

Sen. Bill Cassidy, R-La., also serves as the chair of the Senate’s health committee and was the decisive vote to confirm Kennedy. He argued that Kennedy’s actions on vaccines appeared to counter his support for Trump’s Operation Warp Speed, a sweeping executive program by the Trump administration at the onset of the COVID-19 pandemic that jump-started the production of vaccines.

He noted that both Trump and Kennedy have vowed ‘radical transparency’ when it came to the administration’s healthcare agenda, but countered that the secretary’s move to put new members on the Advisory Committee on Immunization Practices appeared to be a conflict of interest.

‘I am concerned though, because many of those that you have nominated for the [Advisory Committee on Immunization Practices] board… have received revenue as serving as expert witnesses as plaintiffs for attorneys suing vaccine makers,’ Cassidy said. ‘If we put people who are paid witnesses for people suing vaccines, that seems like a conflict of interest, real quickly do you agree with that?’

‘No I don’t,’ Kennedy said, arguing that while it may seem like a bias, it was not a conflict of interest.

Not every Republican doctor on the panel went after Kennedy. Sen. Roger Marshall, R-Kan., has long been an ally of the secretary’s and gave him room to address accusations that he was anti-vaccine.

‘Saying I’m anti-vaccine is like saying I’m anti-medicine,’ Kennedy said. ‘I’m pro-medicine, but I understand some medicines harm people, some of them have risks, some of them have benefits that outweigh those risks for certain populations, and that’s true with vaccines.’

Marshall agreed that he was not ‘anti-vax either,’ and he listed several vaccines that he believed were good but argued that it was the transparency and approach to vaccines under the HHS and CDC that he was after.

‘What I feel the difference is sometimes my friends across the aisle feel like there’s a one-size-fits-all, that they should be telling parents what to do,’ Marshall said. ‘And what you and I are fighting for is that we want to empower parents to make these decisions.’

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