The wealth gap between younger and older American families widened from 2022 to 2025, according to a Federal Reserve report released Friday. 
The Federal Reserve’s Survey of Consumer Finances <a href="https://www.federalreserve.gov/publications/files/scf26.pdf">revealed</a> that inflation-adjusted median net worth rose 37% for families headed by someone 75 or older but fell 23% for those headed by someone under 35. 
The wealth gains came even as higher-income families saw their incomes decline, while lower-income families saw modest increases. Rising asset values helped older, affluent families pull further ahead. “Net worth declined substantially for the youngest families, while exhibiting large gains for the oldest,&#8221; the report said. The <a href="https://www.federalreserve.gov/publications/files/scf26.pdf">report</a> attributed younger families&#8217; losses primarily to the unwinding of business-equity gains from 2019 to 2022.
The findings echo financial concerns expressed by young Americans. In Harvard&#8217;s fall 2025 youth poll, <a href="https://iop.harvard.edu/youth-poll/51st-edition-fall-2025">43%</a> said they were struggling or getting by with limited financial security. 
The findings illustrate a K-shaped economy, in which some Americans build wealth while others fall behind. Stock prices climbed over the period, rewarding Americans who held stock directly or through retirement accounts. Those without stock investments missed out on those gains. Consumer prices rose about 10% over the period, eroding purchasing power. 
The wealthiest 10% of Americans own roughly 87% of U.S. stock market wealth, according to Federal Reserve data. Many older Americans hold stocks indirectly through retirement accounts, and the report said the oldest group&#8217;s gains were “primarily driven by an increase in the value of retirement accounts.” 
Treasury Secretary Scott Bessent has argued that the Fed’s recent policies deepened the divide by boosting asset prices while inflation eroded purchasing power and made homeownership harder for younger Americans.
“By failing to deliver on its inflation mandate, the Fed allowed class and generational disparities to worsen,” Bessent <a href="https://www.international-economy.com/TIE_Sp25_Bessent.pdf">wrote</a> in a spring 2025 essay. The Federal Reserve has a dual mandate to pursue maximum employment and stable prices, with a long-term inflation target of 2%. 
The Trump administration has sought to give younger Americans an early foothold in the stock market through Trump Accounts. 
“They [Trump Accounts] collapse the distinction between earners and owners by making everyone an owner—all while keeping ownership private,” <a href="https://home.treasury.gov/news/press-releases/sb0372">said</a> Bessent. 
The program allows eligible children under 18 to have investment accounts that grow tax-deferred. U.S. citizens born between January 1, 2025, and December 31, 2028, with valid Social Security numbers are eligible for a one-time $1,000 federal seed contribution when an election is made on their behalf.
&nbsp;

Putting a coin in a white piggy bank at home.

Young Americans Are Losing Ground As Older Generations Pull Ahead

economy

federal reserve

generational wealth

inflation

scott bessent

trump administration

ABC News deleted a report linking President Donald Trump’s sons, Eric Trump and Donald Trump Jr., to billions in government contracts on Thursday without issuing a public statement or editor’s note explaining why. 
The page that once held the report, published on Wednesday, now shows an “Oops! Page Unavailable&#8221; message and directs readers back to the ABC home page. 
The article claimed that &#8220;1789 Capital &#8212; a venture capital firm that lists Donald Trump Jr. as one of six partners along with three founders &#8212; claimed a major stake in Anduril in June 2025 from a $2.5 billion investment into the company.&#8221; It also reported that defense companies backed by Trump&#8217;s sons had received more than $6 billion in active or promised government contracts since their investments.
Andril founder Palmer Luckey called on ABC News to <a href="https://x.com/PalmerLuckey/status/2107926985674752413">correct</a> the article, disputing its description of 1789 Capital&#8217;s investment. Luckey later called the analysis “totally bogus.” 
“1789 Capital has only invested a total of $50M in Anduril, and this so-called ‘major stake’ is about 1/1000th of the company,” Luckey <a href="https://x.com/PalmerLuckey/status/2107972323315950029">said</a>. He added that Anduril had provided the reporter, Nathan Lee, with the actual figures. 
Luckey also speculated about why ABC News had not issued a correction or explanation. “Admitting they got this wrong would make a legal judgment against them trivially easy,” he said. 
ABC News did not immediately respond to The Daily Wire’s request for comment. 
Donald Trump Jr. <a href="https://x.com/DonaldJTrumpJr/status/2107990501353808258">challenged</a> the story’s accuracy in a reply to California Democratic Gov. Gavin Newsom, who had shared it as evidence that Americans “were fleeced.” 
&#8220;ABC deleted this article in less than 24 hours because it’s false. Sounds about as long as your presidential campaign would last,” Trump Jr. said. Newsom&#8217;s post sharing the story received 1.1 million views.
Alexa Henning, a spokesperson for 1789 Capital, disputed the article’s suggestion that companies benefited from government contracts because of investments by Eric Trump and Donald Trump Jr. 
“Another thing that the reporter buried the lead on was that many of these companies have gotten government contracts during Biden and Trump, which completely negates the assertion by ABC that Don Jr and Eric Trump are doing anything wrong,” she <a href="https://x.com/alexahenning/status/2108015520951808197?s=20">said</a>
She told Fox News Digital that ABC News did not seek comment from  1789 Capital before publishing the article. 
&nbsp;

Amgen Irish Open 2026 – Day Three

With No Explanation, ABC News Deleted Story On Trump Family After Pushback

1789 capital

abc news

anduril industries

donald trump jr

eric trump

media

A hurricane barreling toward the southeastern United States could threaten Gulf Coast refineries and push fuel prices even higher.
Refineries that process roughly 500,000 barrels of oil a day lie within Hurricane Isaias’ potential damage zone. While the extent of any disruption will depend on the storm’s intensity, offshore oil producers have already suspended operations as a precaution. Shell, Chevron, and BP have evacuated personnel, taking about 1.3 million barrels of daily oil production offline.
Forecasters expect the storm to make landfall east of New Orleans, potentially sparing major refineries a direct hit, though wind damage and severe flooding remain key risks. Alabama, Mississippi, and the Florida Panhandle will likely bear the brunt of the storm, putting Chevron’s refinery in Pascagoula, Mississippi; Vertex Energy’s refinery in Mobile, Alabama; and Hunt Refining Company’s refinery in Tuscaloosa, Alabama, at risk, according to <a href="https://www.bloomberg.com/news/articles/2026-10-08/isaias-puts-500-000-barrels-a-day-of-refining-capacity-at-risk">Bloomberg</a>. Together, those facilities process roughly half a million barrels of oil a day.
The storm could also delay oil tankers traveling across the Gulf with oil for refineries, causing further supply chain constraints.
Hurricane Isaias is a Category 3 hurricane with winds reaching 120 mph, <a href="https://www.cbsnews.com/news/hurricane-isaias-first-storm-2026-atlantic-season-record/">CBS News</a> reported. Forecasters expect it to make landfall late Friday night.
Robert Yawger, director of energy futures at Mizuho Securities, told <a href="https://www.cnn.com/2026/10/08/economy/isaias-oil-refineries-gulf-coast-hurricanes">CNN</a> the hurricane could hardly come at a worse time. Hurricane Isaias “could be a gigantic event,” he said. “It’s the worst time something like this could happen in 25 years.”
U.S. refineries are already running at maximum capacity to offset oil disruptions caused by the war with Iran. The nation’s emergency oil reserve is at a roughly 40-year low, with inventories approaching levels last seen when the reserve was still being built. The U.S. Strategic Petroleum Reserve typically holds between 500 million and 600 million barrels, but now holds about 280 million barrels.
With depleted oil reserves to fall back on, further supply disruptions could push fuel prices higher. As of Friday, the national average price of gasoline was $4.37 per gallon, while diesel averaged $6.28, according to <a href="https://gasprices.aaa.com/">AAA</a>. Last month, diesel hit a record high of $6.40, The Daily Wire <a href="https://www.dailywire.com/news/diesel-prices-hit-all-time-high">reported</a>, before climbing further to $6.53.
While the situation in Iran is improving, fuel prices remain elevated as diesel shipments remain disrupted and countries work to replenish their oil inventories, The Daily Wire <a href="https://www.dailywire.com/news/oil-is-flowing-again-heres-why-your-prices-arent-back-to-normal-yet">reported</a>. G-7 countries announced last week that they will release 100 million barrels of oil from emergency reserves over the next four months to help with prices.
One analyst estimated the move could reduce diesel prices by 25 cents per gallon.

A satellite view shows Tropical Storm Melissa, over the Caribbean Sea

Gas Prices Could Soar Again. This Time, Iran Isn’t To Blame.

business

gas prices

gulf coast refineries

hurricane isaias

oil prices

strategic petroleum reserve

An ICE officer shot an illegal immigrant with suspected gang ties during a targeted arrest operation in New York City, the Department of Homeland Security (DHS) told The Daily Wire.
The suspect had a lengthy rap sheet, including a grand larceny conviction and previous arrests for assault, robbery, drug possession, and weapons possession.
The shooting happened around 4 p.m. Thursday in the city&#8217;s Marble Hill neighborhood — which is near the Bronx — where ICE officers were attempting to arrest the illegal immigrant suspect from the Dominican Republic.
<div id="attachment_1195189" style="width: 1034px" class="wp-caption alignnone"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-1195189" class="wp-image-1195189 size-large" src="https://dw-wp-production.imgix.net/2026/10/ICE_NYC_Shooting-1024x576.jpg" alt="" width="1024" height="576" srcset="https://dw-wp-production.imgix.net/2026/10/ICE_NYC_Shooting-1024x576.jpg 1024w, https://dw-wp-production.imgix.net/2026/10/ICE_NYC_Shooting-300x169.jpg 300w, https://dw-wp-production.imgix.net/2026/10/ICE_NYC_Shooting-768x432.jpg 768w, https://dw-wp-production.imgix.net/2026/10/ICE_NYC_Shooting-1536x864.jpg 1536w, https://dw-wp-production.imgix.net/2026/10/ICE_NYC_Shooting.jpg 1672w" sizes=" (max-width: 1024px) 100vw, 1024px" />DHS/Getty</div>
Federal officials also said he has ties to the Trinitarios gang, the same gang DHS linked to the shooting of a Customs and Border Protection officer last year.
The suspect is no stranger to New York City police, either.
DHS said the NYPD arrested him on December 7, 2023, only for the city to release him back into the community a few days later. Why? DHS blamed New York’s sanctuary policies for forcing its hand.
Thursday’s attempted arrest ended with an ICE officer firing his weapon and injuring the suspect. DHS said officers immediately provided medical attention before taking the suspect to the hospital.
The NYPD confirmed the suspect was conscious. The department also made clear that its officers were not involved in the federal operation and were not at the scene when the shooting happened.
A 5-year-old child was reportedly sitting in the back of the suspect’s silver SUV during the incident but wasn’t hurt.
What led the ICE officer to open fire is still under investigation as the FBI and Homeland Security investigators piece together what unfolded.
But the incident quickly became another flashpoint in New York City’s ongoing fight over immigration enforcement.
Scenes showed armed federal agents struggling to hold back angry anti-ICE rioters who flooded the area. By evening, a violent mob had also gathered outside the hospital where the suspect was recovering and were seen physically assaulting law enforcement.
Far-left Democratic Mayor Zohran Mamdani seized on the shooting to renew his demand to abolish ICE, even as federal officials identified the injured man as an illegal immigrant with suspected ties to a violent gang and a lengthy criminal history.
In a <a href="https://www.nyc.gov/mayors-office/news/2026/10/mayor-zohran-kwame-mamdani-releases-statement-on-ice-shooting-">statement</a> Thursday evening, Mamdani called the shooting “unconscionable” and said early reports indicated that federal officers surrounded the suspect’s vehicle with a child inside, before firing.
The mayor said he had already called President Donald Trump and planned to demand an end to all ICE enforcement operations in New York City.
“I will not stand by while ICE agents terrorize our communities,” Mamdani declared.
He also expressed concern for the injured violent illegal alien and his family, saying he was praying for the man’s recovery.
Mamdani ended his statement with a series of demands to remove ICE from neighborhoods, hospitals, and streets before issuing his final call: “Abolish ICE.”
The mayor’s position was hardly new. Mamdani is well-known for calling for the abolition of the federal immigration enforcement agency and has defended New York City’s sanctuary policies that protect illegal aliens who break the law.
DHS pushed back against New York’s sanctuary policies, arguing that local officials’ refusal to cooperate with federal immigration authorities forces ICE officers to make arrests in public, where encounters can become unpredictable.
“When dangerous illegal aliens are released back onto the streets by radical sanctuary politicians, our officers are forced to make arrests at large in the community in unpredictable and dangerous environments,” the department said.
“Our officers should not have to risk their lives, and innocent Americans should not have to face unnecessary danger, because sanctuary politicians refuse to cooperate with federal law enforcement,” DHS added.
Other New York Democrats — known for singing from the same songbook as Mamdani — also weighed in.
House Minority Leader Hakeem Jeffries (D-NY), Rep. Adriano Espaillat (D-NY), and New York Democrat Governor Kathy Hochul called for investigations into the shooting.
Hochul spoke with Trump and DHS Secretary Markwayne Mullin about the shooting and said she urged the administration to &#8220;halt ICE enforcement operations in New York.&#8221;
&#8220;I also asked that any body camera footage of the shooting be released to the public so we can establish the facts and get to the truth,&#8221; Hochul <a href="https://x.com/GovKathyHochul/status/2108383535169990901">added</a>.
Following an ICE shooting in Texas earlier this year, the Department of Homeland Security <a href="https://www.dailywire.com/news/dhs-reveals-troubling-new-details-after-mexican-immigrant-killed-in-ice-raid">told</a> the Daily Wire that body cameras had not been issued to all ICE field officers due to lack of funding caused by &#8220;back-to-back Democrat [government] shutdowns.”

ICE_NYC_Shooting

ICE Shoots Violent Illegal Gang Member During NYC Arrest, And Mamdani Wastes No Time

immigration enforcement

new york city

politics

sanctuary city

zohran mamdani

President Donald Trump said Thursday that anyone who continues to use the term “artificial intelligence” rather than his preferred replacement is &#8220;the enemy&#8221; of the White House.
Trump made the declaration on Truth Social as he continued his push to rename the technology. Last week, he signed an executive order directing federal agencies to use &#8220;Super Intelligence,&#8221; or &#8220;SI,&#8221; instead of &#8220;Artificial Intelligence,&#8221; or &#8220;AI,&#8221; in official communications.
Several prominent tech executives have embraced the terminology.
“No more AI. SI. It’s better,” <a href="https://x.com/elonmusk/status/2106665679361618173">wrote</a> Elon Musk earlier this week. Musk also corrected himself while answering a reporter&#8217;s question outside the White House last week. 
&#8220;I think it&#8217;s worth highlighting the positive benefits of AI &#8212; SI, pardon me. I think by far the most likely outcome is major abundance,” Musk <a href="https://x.com/atrupar/status/2105028560981291248">said</a> after he met with Trump and other tech leaders. Musk has also said he plans to rename SpaceXAI, SpaceX&#8217;s artificial intelligence unit, SpaceXSI.  
In an interview with Fox News’s Bret Baier on Wednesday, Jeff Bezos endorsed the terminology. “I do like SI, “ he <a href="https://x.com/RedWavePress/status/2107964197329858874">said</a>. “Artificial means fake. It&#8217;s a big road to change, everybody getting to say Super Intelligence only because they&#8217;re so used to AI at this point…but I do understand the desire to get away from the word artificial.”
Nvidia CEO Jensen Huang also used the term in his <a href="https://x.com/JensenHuang/status/2105348324484342238">post</a> highlighting his meeting with Trump and other tech leaders. “Yesterday at the White House, leaders from across our industry came together to sign the White House Accord on Super Intelligence.”
Meta’s Mark Zuckerberg used &#8220;superintelligence&#8221; before Trump issued the order. On September 28, Zuckerberg said, “We believe superintelligence will create significant new opportunities for all people and businesses.”
The rebranding has also drawn criticism. War Room reporter Natalie Winters <a href="https://gizmodo.com/if-youre-an-ai-critic-trumps-super-intelligence-rebrand-is-a-gift-2000819981">said</a>, “Hammering ‘Super Intelligence’ and playing all those games is not what people voted for.”
University of Wisconsin-Milwaukee computing professor Thomas Haigh <a href="https://politifact.com/article/2026/oct/07/trump-ai-super-intelligence/">argued</a> that the rebranding would not reassure the public.
&nbsp;

US-POLITICS-TRUMP

Trump’s New ‘Enemy’ Is People Who Don’t Abide By His AI Rebrand

donald trump

elon musk

jeff bezos

mark zuckerberg

Nicolás Maduro’s wife says she has lost two molars and more than 25 pounds in jail, but a federal judge denied her request for release Thursday.
Cilia Flores, the 69-year-old wife of the former Venezuelan leader, and her attorney argued that she should be allowed to move to home detention at a private residence in New York to receive proper medical treatment. She also cited a worsening heart condition that she said was aggravated by pepper spray used after a fight broke out in her housing unit.
Federal prosecutors argued that releasing Flores would pose an “extreme risk of flight and danger to the public,” adding that she could be taken to a local hospital for necessary treatment.
U.S. District Judge Alvin Hellerstein <a href="https://www.reuters.com/world/americas/cilia-flores-wife-venezuelas-maduro-press-release-us-jail-2026-10-08/">rejected</a> her request. 
&#8220;For whatever it&#8217;s worth, her appearance today is no worse and perhaps a little better than when I first met with her on her arraignment,&#8221; Hellerstein said in court, referring to her January 5 appearance after U.S. forces captured her. 
Flores&#8217;s lawyer responded that she &#8220;​was still bandaged up from the military invasion.”
On Thursday, Flores and her husband were<a href="https://www.justice.gov/usao-sdny/pr/nicolas-maduro-moros-and-cilia-adela-flores-de-maduro-charged-torture"> charged</a> with conspiring to commit torture against Americans. In one instance, prosecutors say an American citizen was detained in 2022 after entering Venezuela and was accused of conspiring to assassinate Maduro. While detained, the man was <a href="https://www.reuters.com/world/americas/cilia-flores-wife-venezuelas-maduro-press-release-us-jail-2026-10-08/">subjected</a> to beatings and electric shocks to his arms, legs, and genitals, prosecutors allege. Both also face conspiracy to import cocaine and weapons charges, and Maduro faces an additional narcoterrorism charge.
Flores reportedly played an influential role in Maduro’s administration, serving as a key adviser behind the scenes. She is accused of accepting hundreds of thousands of dollars in bribes in 2007 to broker a meeting between a large-scale drug trafficker and the director of Venezuela’s National Anti-Drug Office. 
Flores built a political career of her own by supporting Hugo Chávez following his failed 1992 coup. She visited Chávez in prison and offered her legal services to help secure his release. Chávez later led Venezuela until his death in 2013, when Maduro succeeded him.
Flores and Maduro met while campaigning for Chávez’s release. “During that struggle for Chávez’s release, we were involved in street activities,” she said in an interview. Recalling a meeting in Catia, she added, “When a young man asked to speak, he spoke, and I just stared at him.”
After Maduro and Flores married in 2013, he gave her the title “first combatant” rather than first lady. The couple have been detained since January, when U.S. forces captured them at their Caracas home in the middle of the night.

Nicolas Maduro Receives A Contingent At Miraflores On The Venezuelan Student Day

Maduro’s Wife Denied Release After Saying She Lost Teeth And 25 Pounds

alvin hellerstein

cilia flores

narcoterrorism

nicolas maduro

venezuela

world

Want back in their good graces? Pro-Hamas protesters who heckled Mayor Zohran Mamdani at an October 7 vigil have a key demand: fire his Jewish police commissioner, Jessica Tisch.
Several protesters at the vigil told a <a href="https://x.com/C_Sommerfeldt/status/2107930863753453649">reporter</a> that firing Tisch as NYPD commissioner was a key step for Mamdani to win them over. At a rally outside City Hall earlier in the day, speakers criticized the mayor for keeping Tisch in the role, according to The Times of Israel.
The protesters accused Mamdani of betraying their cause by attending the vigil, which marked the third anniversary of the October 7 massacre. They yelled and booed throughout as Mamdani stared straight ahead without acknowledging the criticism. Some waved Hamas flags, and others shouted “Long Live Hamas!” to drown out speakers. One shouted, “You opportunist piece of sh*t” and “Shame on you.” Others <a href="https://www.dailywire.com/news/mamdani-gets-a-taste-of-the-anti-israel-mob-at-october-7-vigil">chanted</a>, “Traitor!” and “Zohran, what do you say? How many boots did you lick today?” They accused Mamdani of “honoring a genocide” by attending the vigil commemorating the deadliest day for Jews since the Holocaust.
The chants were so loud that attendees struggled to hear the testimony speakers read aloud. Brad Lander, the Mamdani-endorsed Democratic nominee to represent New York’s 10th Congressional District, said he was saddened that the protesters drowned out the testimony, but praised Mamdani’s handling of the day and credited him for attending despite the anticipated backlash.
“From where I sit, Mamdani is a very strong supporter of Palestinian freedom and human rights,” Lander <a href="https://www.nytimes.com/live/2026/10/07/nyregion/nyc-vigil-protests-israel-mamdani/heres-the-latest?eafs_enabled=false">said</a>. “I don’t know what world leaders have done more.”
Pro-Israel critics, meanwhile, argued that Mamdani had betrayed New York’s Jewish community through his official actions. They criticized his anniversary statement for devoting much of its focus to accusing Israel of “genocide.”
“The suffering did not begin nor end that day,” Mamdani said. “It instead continued through the Israeli government’s devastating, ongoing genocide in Gaza, in which it has killed more than 74,000 Palestinians — including more than 21,000 children. Even since the so-called ceasefire, more than 1,400 Palestinians have been killed.”
New York City Councilwoman Vickie Paladino (R-NY) <a href="https://x.com/VickieforNYC/status/2107885264982974566">called</a> the statement “another disgraceful comment from the mayor.”
“He couldn’t just offer a simple condolence and condemnation of the 10/7 atrocities. Instead, he had to devote 60% of the statement to lies about Israel designed to stir hatred of Jewish people under the guise of ‘anti-Zionism’, which has already been used to attack Jewish businesses and synagogues and students across the city and the world,” she said.
The Israeli Consulate in New York also invited Mamdani to a screening of footage documenting the October 7 atrocities, but he did not attend.
After the vigil, Mamdani went to dine at Hinds Hall, a Palestinian restaurant on Manhattan’s Upper West Side run by the Ayat chain for a closed-door meeting with Palestinian New Yorkers. Its menu features a map labeling the territory encompassing Israel as Palestine, without identifying Israel.
The menu also reads, “Community dinners, charitable initiatives, and creating spaces where everyone feels welcome are central to who we are. At Ayat, the table is open to all.”

Pro-Palestine protesters disrupt the October 7th vigil of ‘Israelis for Peace,’ where Mayor Mamdani attends

Pro-Hamas Protesters Say Mamdani Can Win Them Back By Firing His Jewish Police Commissioner

israel-palestine conflict

jessica tisch

nypd

october 7 attack

After moving to end penny production, lawmakers are urging the Trump administration to make nickels cheaper to produce, with each five-cent coin costing taxpayers 13 cents to make.
Rep. Lisa McClain (R-MI), the House Republican Conference chairwoman, defended the proposal in comments published Wednesday by Fox News Digital. Her bipartisan Common Cents Act addresses both penny production and the nickel&#8217;s composition. Both chambers have passed legislation, but it has yet to receive President Donald Trump&#8217;s signature, according to the outlet.
The proposal would allow Treasury to make nickels with a zinc core and a nickel outer layer, replacing the current mixture of 75% copper and 25% nickel. A new composition would be subject to testing to ensure it reduces production costs without significantly disrupting coin-operated machines, such as vending machines. 
Nickels are currently produced at a loss to taxpayers of roughly eight cents per coin.
&#8220;If it costs 13 cents to make a five-cent coin, Washington should fix the problem instead of wasting more taxpayer money,&#8221; McClain <a href="https://www.foxnews.com/politics/congress-killed-penny-now-its-coming-13-cent-nickel">told</a> Fox News Digital. &#8220;My bill gives Treasury a path to make nickels at a lower cost without disrupting how Americans use them. It is a simple reform that saves money and brings a little more common sense to government.&#8221;
Sen. Cynthia Lummis (R-WY), who led the legislation in the Senate, pointed to Americans&#8217; changing payment habits.
“More and more Americans are paying with credit cards, debit cards and stablecoins for everyday purchases that once would have been made with cash or coins,&#8221; she told Fox News Digital.
&#8220;The half-cent coin was retired when it was no longer needed, and the penny has now reached that same point. It&#8217;s my hope that we can find a cheaper way to produce the nickel so that it remains economically viable for years to come,&#8221; Lummis added.
Treasury Secretary Scott Bessent suggested last year that the United States could &#8220;retool&#8221; the nickel. 
“I think we can retool the nickel and change the composition of the alloys so that a nickel is worth a nickel,” Bessent<a href="https://www.washingtonexaminer.com/news/3420589/scott-bessent-america-retool-nickel-treasury-end-penny-production/"> said</a>.
The Treasury Department has already stopped penny production, but a future administration could reverse that decision unless it is written into law. The White House did not respond to Fox News Digital&#8217;s request for comment on whether and when Trump plans to sign the legislation.
&nbsp;

-The United States Mint of Department of the Treasury unveil

The Penny Is Dead. Now Washington Is Coming For Another Coin

common cents act

cynthia lummis

lisa mcclain

nickel

penny

Russia&#8217;s plague mystery just took a darker turn, as Russian media report a second death in Siberia following a possible plague exposure at a laboratory.
&#8220;WHO has requested further information to clarify the cause of severe pneumonia, the pathogen that prompted the public health measures, and media reports of a second employee with pneumonia of undetermined cause,&#8221; the World Health Organization said.
&#8220;Timely, complete and transparent information sharing under the International Health Regulations is essential to clarify conflicting reports and enable an accurate assessment of potential public health risks,&#8221; it added.
Authorities have not confirmed the second death, which occurred at a hospital in the Irkutsk region, or linked either death to plague. The first worker, a 28-year-old woman, died Friday after doctors hospitalized her with severe pneumonia following an alleged accidental laboratory exposure.
Authorities placed around 200 people in quarantine after the 28-year-old woman&#8217;s death. Russia&#8217;s health regulator said on Wednesday that there was no risk of an epidemic in Siberia. President Donald Trump <a href="https://www.dailywire.com/news/trump-goes-straight-to-the-top-over-russias-plague-mystery-as-u-s-issues-complaint?author=Brecca+Stoll&amp;category=News&amp;elementPosition=1&amp;row=0&amp;rowType=Vertical+List&amp;title=Trump+Goes+Straight+To+The+Top+Over+Russia%E2%80%99s+Plague+Mystery+As+U.S.+Issues+Complaint">revealed</a> on Tuesday that he is preparing to call Russian President Vladimir Putin to discuss the matter &#8220;very soon.&#8221;
The United States issued a formal complaint to the Russian government warning Moscow that failing to disclose details about the lab worker&#8217;s death goes against its international health obligations. Under the 2005 International Health Regulations, countries must notify the World Health Organization within 24 hours of assessing an event that could constitute an international public health emergency — and the regulations identify pneumonic plague as a potentially notifiable event.
Concerns rose due to the death&#8217;s proximity to the Irkutsk <a href="https://www.dailywire.com/news/what-to-know-about-russias-anti-plague-institute-suspected-of-plague-leak">Anti-Plague Institute</a>. The institute originally focused on plague control but later expanded its work to other dangerous diseases. Russia describes the institute&#8217;s modern work as an anti-plague civilian center. A 2025 U.S. State Department report, however, says Russia has continued work on its biological warfare program.
On Tuesday, Trump said he hoped to share information from United States intelligence about the suspected plague soon. Trump told reporters that he would offer help to Russia. &#8220;Everybody who has that kind of a problem, we&#8217;ll always help,&#8221; he said. &#8220;I hate to see them having it. It&#8217;s a rough disease.&#8221;
The 2020 COVID-19 pandemic has heightened concerns worldwide about a potential outbreak. Public trust in all levels of government and health institutions <a href="https://www.rsfjournal.org/content/8/8/221">declined</a> during the pandemic.

gettyimages-2298395642-594×594

Russia’s Plague Mystery Grows After Report Of Second Death

plague outbreak

russia

vladimir putin

world health organization

New York City Muslim Mayor Zohran Mamdani remembered the three-year anniversary of October 7 on Wednesday by accusing Israel of genocide. 
“The suffering did not begin nor end that day,” Mamdani <a href="https://x.com/NYCMayor/status/2107813239585120609">wrote</a>. “It instead continued through the Israeli government’s devastating, ongoing genocide in Gaza, in which it has killed more than 74,000 Palestinians — including more than 21,000 children. Even since the so-called ceasefire, more than 1,400 Palestinians have been killed.”
Mamdani also accused Israel of targeting ambulances, residential buildings, and journalists while blocking food aid. 
“That suffering has intensified with every Israeli bomb dropped on ambulances waiting outside hospitals, every drone strike targeting a residential building or journalist, and every shipment of food aid turned away at a border crossing,&#8221; he added.
Mamdani also accused Israel of committing war crimes in its response to October 7. “Many New Yorkers are reckoning with this unbearable grief, and we mourn alongside them – all while knowing that our tax dollars fund these war crimes.”
While much of Mamdani’s message on October 7 was focused on blaming Israel for its reaction after the terrorist attack, he also remembered the October 7 victims, saying the day “marks three years since the horrific war crimes of October 7. On that day, Hamas killed more than 1,100 Israelis and abducted 251 others. We grieve alongside our many friends and neighbors who still carry that unthinkable loss.”
New York Democratic Governor Kathy Hochul focused her tribute entirely on the victims of the October 7 attacks.
“It’s hard to fathom that it has been three years since the October 7 Hamas massacre,&#8221; she <a href="https://x.com/GovKathyHochul/status/2107817534023950772">wrote</a>. &#8220;Three years since the deadliest day for the Jewish people since the Holocaust. The pain of that dark day has not faded. But neither has the strength, resilience and enduring hope of the Jewish people.”
She added, “Today, we remember the innocent lives stolen, stand with the survivors and the families forever changed, and pray for a lasting peace.”
The Israeli Consulate in New York invited Mamdani to its October 7 screening of a 47-minute film documenting the atrocities committed by Hamas.
“If he will come on October 7th he will see for the first time what the people he supports really did,” Israeli Consul General Ofir Akunis<a href="https://x.com/IsraelinNewYork/status/2107476182249676977?s=20"> said</a>. “Maybe if he will come, he will stop spreading his hate and blood libels against the state of Israel.”
Mamdani did not respond to The Daily Wire’s request for comment on whether he planned to attend. Mamdani&#8217;s public schedule shows he is scheduled to attend a vigil in remembrance of October 7th. 
Following the vigil, Mamdani is scheduled to &#8220;meet with Palestinian New Yorkers.&#8221;

New York Mayor Zohran Mamdani Holds Press Conference At Deno’s Wonder Wheel On Coney Island

Mamdani Marks October 7 By Taking Another Shot At Israel

israel

kathy hochul

St. Louis Park, Minnesota, Mayor Nadia Mohamed, the first Somali elected mayor in the United States, called for a gun ban after a shooting linked to Somali gangs forced a high school to cancel its homecoming dance.
Minnesota’s Eden Prairie High School, which is just southwest of St. Louis Park, canceled its homecoming dance after a shooting that authorities believe involved Somali gangs left two people injured outside the school’s football stadium Friday night.
“We can definitely talk about this issue without making it a Somali issue,” Mohamed <a href="https://www.instagram.com/reel/DeH96_tvC6F/?stkn=aHRlN3VwYzZzcmxv">said</a>. “Without making it all about Somalis, and how Somali gangs, and Somali this, and Somali that. &#8230; The rhetoric that you are pushing at best is irresponsible, at worst is dangerous.”
“You may be wondering, &#8216;Hey mayor, how can we solve for this?&#8217; &#8230; The answer is easy, ban guns,” she added.
Mohammad&#8217;s policy suggestion is what she is hoping other people begin to do. &#8220;To pick on a community that is already revealing from anti-Somali rhetoric is low-hanging fruit,&#8221; she said. &#8220;Let&#8217;s talk about policy.&#8221;
Eden Prairie High School Principal Jaysen Anderson said the school canceled the homecoming dance due to the &#8220;trauma&#8221; caused by the shooting, which took place the night before the dance was scheduled. 
&#8220;Due to last night’s tragic and unfortunate event, we will not be holding our Homecoming Dance this evening,” said Anderson. “While we believe we would have the planning, resources and support to make tonight’s event safe and enjoyable, holding a dance less than 24 hours after a trauma in our community feels out of place. Too many students, staff and families were directly impacted, and we need to be prepared to adequately support all students and staff when they return to the building on Monday.&#8221; 
Authorities evacuated the stadium and postponed the football game after two males, an 18-year-old and a 17-year-old, suffered non-life-threatening gunshot injuries. Neither of the injured teens attended Eden Prairie or Minnetonka, the two high schools competing in the game.
Police broke up an altercation on the west side of the stadium before shots were fired in the high school parking lot. A law enforcement source told Fox 9 that the shooting was linked to Somali gang violence.
Eden Prairie Mayor Ron Case also <a href="https://www.fox9.com/news/eden-prairie-gas-station-shooting-may-be-connected-recent-gang-activity">defended</a> the Somali community after the shooting. 
&#8220;Gang violence must be confronted, but the actions of those involved should not define the broader Somali community,&#8221; Case said. &#8220;I stand with the Somali Americans who call Eden Prairie home — our neighbors, business owners, parents, students, coworkers and friends — and I know many are deeply concerned about this violence and determined to be part of the solution.&#8221;
Jama Shine, an investigator with the Ramsey County Sheriff&#8217;s Office, disagreed and said it was time to acknowledge the “Somali gang problem.” 
&#8220;We have to be honest, right?” <a href="https://www.fox9.com/news/sheriff-fletcher-backs-somali-gang-task-force-calls-out-hennepin-county-leaders">asked</a> Shine. &#8220;We do have a gang problem. We do have a Somali gang problem, and we know who these kids are. We know their parents. We know where they live. They&#8217;re very mobile, and they&#8217;re causing a lot of problems in the community.&#8221;
In July, Rep. Tom Emmer (R-MN) argued that it was time to address the problem and <a href="https://emmer.house.gov/media-center/press-releases/emmer-minnesota-republican-delegation-urge-us-attorney-rosen-to-stamp-out-somali-gang-violence">urged</a> U.S. Attorney Daniel Rosen to crack down on Somali gang violence.
“I’ve said it before and I’ll say it again, if you won’t assimilate, then get the hell out of here. First it was an estimated $9 billion in fraud, now it’s out-of-control violence,” Emmer said. “These Somali gangs have shot up high school graduations and assaulted players on opposing basketball teams with tire irons. It’s absolute madness, and something must be done.”
Somalis make up roughly 2% of the Minneapolis–St. Paul metro population but account for at least 13% of its gang population, based on estimates from Ramsey County Sheriff Bob Fletcher.

Generic police lights and crime scene tape

Dem Says Don’t Blame Somali Gangs For Pulling The Trigger, Points Finger Elsewhere

eden prairie high school

gun control

minnesota

nadia mohamed

somali gang violence

tom emmer

The United States issued a formal complaint to the Russian government on Wednesday, asking the country to increase its transparency regarding the suspected death of a lab worker at an anti-plague research institute in Siberia. 
&#8220;We have officially requested additional information from the Russian government,” the State Department <a href="https://abcnews.com/International/us-issues-formal-complaint-russia-response-suspected-death/story?id=137057058">told</a> ABC News. “We are also in official communication with other countries around the world to share information.”
The complaint, known as a démarche, <a href="https://www.wsj.com/world/russia/u-s-escalates-pressure-on-russia-over-siberia-lab-death-6f61225a">warns</a> Moscow that failing to disclose details about the lab worker’s death goes against its international health obligations. The 2005 International Health Regulations require countries to notify the World Health Organization (WHO) within 24 hours of assessing an event that could become an international public health emergency. Pneumonic plague is listed as a &#8220;potential notifiable event” by the International Health Regulations. 
The complaint comes as President Donald Trump prepares to speak with Russian President Vladimir Putin. “I have a call scheduled,” Trump <a href="https://x.com/nicksortor/status/2107582755286520280?s=46">told</a> reporters early Tuesday evening, adding that the call would happen “very soon.” The president said he would be able to share more details from U.S. intelligence agencies about the suspected plague case on Wednesday.
President Trump is also scheduled to make an announcement at 1:00 p.m. Wednesday at the White House, though it is unclear whether the announcement is related to his planned call with Putin.
Secretary of State Marco Rubio said on Tuesday that the administration is “watching it very ​closely, hour by hour” and warned the public not to speculate as it gathers more information. 
“Maybe, you know, there’s nothing there. Maybe it’s bigger than we thought. We don’t know,” Rubio <a href="https://www.nbcdfw.com/news/national-international/trump-putin-pneumonic-plague-case-russia-lab/4087729/">said</a>. “But I think it would be reckless at this moment, given the limited information we still have, to speculate about what this might or might not be or what this is or what this isn’t.”
Russian officials <a href="https://www.dailywire.com/news/what-to-know-about-russias-anti-plague-institute-suspected-of-plague-leak?author=Kassy+Akiva&amp;category=News&amp;elementPosition=undefined&amp;row=0&amp;rowType=Vertical+List&amp;title=What+To+Know+About+Russia%E2%80%99s+Anti-Plague+Institute+Suspected+Of+Plague+Leak">have</a> not confirmed a laboratory leak or that the woman who died had plague. Irkutsk regional Governor Igor Kobzev said the laboratory worker died from pneumonia of an unknown origin. The death’s proximity to the Irkutsk <a href="https://www.dailywire.com/news/what-to-know-about-russias-anti-plague-institute-suspected-of-plague-leak">Anti-Plague Institute</a>, established by the Soviet Union in 1934 to focus on plague control, has raised concerns. The United States has accused Russia of maintaining a biological weapons program, while Russia says that the institute is a civilian facility devoted to plague prevention.
In a 2025 report, the State Department said Russia continued to work on its biological warfare program in violation of its obligations under the Biological Weapons Convention.

Trump/Putin

Trump Goes Straight To The Top Over Russia’s Plague Mystery As U.S. Issues Complaint

state department

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Brecca Stoll