approves

Venezuelan National Assembly Approves Pro-Business Mining Law

Venezuela holds significant gold, iron and bauxite deposits. (Archive)

Caracas, April 10, 2026 (venezuelanalysis.com) – The Venezuelan National Assembly unanimously approved a new mining law geared toward attracting foreign investment on Thursday.

Deputies backed the legislation after going through the bill’s 130 articles over four separate parliamentary sessions. A preliminary version was approved on March 9.

National Assembly President Jorge Rodríguez praised the parliamentary special commission that drafted the law and incorporated amendments after consultations, underscoring the bill’s far-reaching impact.

“We have approved a legal text which will undoubtedly become a vehicle for future prosperity,” he said during the legislative session, further promising that “every mineral from the Venezuelan soil will be translated into social welfare.”

Orlando Camacho, a deputy from the pro-government coalition, stated that the law’s objective is to “attract national and foreign capital with legal assurances” as well as “update the regulations” in the mining sector.

Divided into 19 sections, the legislation establishes a regulatory framework for small, medium, and large-scale mining, as well as the state’s prerogative to declare certain minerals strategic and reserve areas for security purposes. It also creates new oversight institutions and a state-run data bank.

Under the law, joint ventures, private corporations, and small-scale artisanal mining groups are allowed to receive concessions that can last up to 30 years and be renewed for two additional 10-year periods. Furthermore, private entities can bring disputes to international arbitration bodies.

Royalties and a mining tax are capped at 13 and 6 percent, respectively. The executive has the discretionary power to reduce them as well as grant additional fiscal incentives. The new law will replace a 2015 decree that imposed state control over mining exploration, as well as the 1999 Mining Law.

Former President Hugo Chávez sought to end foreign mining concessions in the 2000s, instead pushing for a leading state role and to interlink extraction activities to basic industries in sectors such as steel and aluminum.

The Chávez government likewise revoked several concessions from Western mining companies. A number of them, including Canada’s Crystallex and Gold Reserve, went on to secure compensation via international arbitration bodies.

Since 2015, the Nicolás Maduro government turned to mining as a potential revenue source amid escalating US sanctions, particularly in the 112,000 square-kilometer Orinoco Mining Arc. Nevertheless, the sector was targeted by unilateral coercive measures, while the proliferation of irregular mining groups has generated environmental concerns.

Venezuela possesses vast proven reserves of gold, iron, and bauxite, as well as lesser quantities of copper and nickel. Analysts have also drawn attention to Venezuela’s significant reserves of coltan in addition to unconfirmed rare earth deposits.

The approved legislation will be reviewed by the Venezuelan Supreme Court before being enacted by Acting President Delcy Rodríguez. On Thursday, the Venezuelan leader praised the new law as “a fundamental instrument to modernize and improve mining” in the Caribbean nation.

“This law strengthens legal security, attracts investment, and will boost our mineral wealth toward national development,” she wrote on social media.

Rodríguez first announced the mining reform during a visit by US Interior Secretary Doug Burgum in early March. Burgum, who holds the natural resource portfolio in the Trump administration, came to Venezuela with more than 20 mining executives from US and Canadian conglomerates. He praised Venezuela’s mineral wealth and potential opportunities for Western corporations.

US companies Caterpillar and Hartree Partners, alongside Canadian counterparts Gold Reserve and Lundin Mining, were among the firms to send representatives to Caracas with Burgum. Canada’s Roland Mineral Enterprises recently announced plans to “aggressively seek out and acquire interests in Venezuelan mineral properties,” singling out its interest in Las Cristinas gold project, which is estimated to contain over 14 million ounces of gold.

In late March, the Trump administration issued three general licenses to facilitate Western conglomerates’ participation in the Venezuelan mining sector. 

The US Treasury sanctions waivers allow transactions with Venezuelan minerals, the provision of technology and services, and contract negotiations with Caracas. However, it mandates that corporations secure a special license before enacting contracts.

Washington’s licenses block transactions with entities from China, Cuba, Iran, North Korea and Russia. They additionally require that all Venezuela-bound revenues be deposited in accounts run by the US Treasury. A similar arrangement is presently in place regarding Venezuelan oil revenues, which are controlled by the Trump administration and released back to Caracas at the White House’s discretion.

The new mining law follows a recent pro-business overhaul of Venezuela’s Hydrocarbon Law, granting private conglomerates significant control over operations and sales, reduced fiscal responsibilities, and the possibility of taking disputes to international arbitration.

On Wednesday, Acting President Rodríguez announced several upcoming legislative projects to reform the South American country’s tax, labor, pension, and housing regulations.

Edited by Lucas Koerner in Fusagasugá, Colombia.



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Committee approves 25 ethics breaches against Rep. Cherfilus-McCormick

March 27 (UPI) — An ethics adjudicatory subcommittee found Friday that 25 of 27 charges of ethics violations against Rep. Sheila Cherfilus-McCormick, D-Fla., had been “proven by clear and convincing evidence.”

“Following the hearing, the adjudicatory subcommittee moved into executive session to deliberate. After careful deliberation that lasted until well past midnight, the adjudicatory subcommittee found that Counts 1-15 and 17-26 of the [Statement of Alleged Violations] had been proven,” the release from the Committee on Ethics said.

Cherfilus-McCormick, who maintains her innocence, was indicted in November on the federal charges along with her brother, Edwin Cherfilus.

The representative’s family owns Trinity Healthcare Services. The company had a FEMA-funded contract to register people for COVID-19 vaccines, but in July 2021 was accidentally overpaid by $5 million by a Florida agency, the indictment said. Instead of returning the funds, Cherfilus-McCormick allegedly moved the money to different accounts “to disguise its source,” the Justice Department said. She then allegedly used some of the funds to finance her campaign.

The full ethics committee is scheduled to have a hearing when the House comes back from its two week recess beginning Friday, “to determine what, if any, sanction would be appropriate for the Committee to recommend,” Ethics Chair Michael Guest, R-Miss., and Ranking Member Mark DeSaulnier, D-Calif., said in a joint statement.

The hearing lasted nearly seven hours Thursday night.

Cherfilus-McCormick has denied any wrongdoing and pleaded not guilty in a federal criminal case.

William Barzee, Cherfilus-McCormick’s lawyer, argued that the facts in the committee’s motion were in dispute and that the federal charges kept her from responding to the Ethics panel because of concerns about self-incrimination in the trial.

Barzee argued in the hearing that there was evidence of a “profit-sharing agreement” for the family company, which means she was “entitled to every single penny that she received” from her family’s company after the improper payment. Lawmakers appeared skeptical of that argument and of the evidence of a profit-sharing agreement.

The committee said Cherfilus-McCormick failed to file accurate financial disclosure forms, accepted improper campaign contributions from others and provided special favors in connection with community project funding requests, The Hill reported.

The panel did not approve two of the 27 counts.

It said that Cherfilus-McCormick: “had knowledge that some or all information identified as inaccurately disclosed in numerous FEC reports filed on behalf of her campaign were false” and that she “caused her campaign to submit false records to the FEC.”

Another charge it didn’t approve was lack of candor and diligence in ethics investigations, because she missed deadlines and canceled interviews, but her lawyer said that her previous lawyer had told her not to cooperate because of the federal charges.

“You can’t crime your way into legitimate power,” Rep. Marie Gluesenkamp Perez, D-Wash., posted on X. “Since she was found guilty, she should resign or be removed.”

When asked if she should stay in the House, Democratic leader Hakeem Jeffries, D-N.Y., didn’t answer.

President Donald Trump stands with U.S. Secretary of Agriculture Brooke Rollins during an event celebrating farmers on the South Lawn of the White House on Friday. Photo by Aaron Schwartz/UPI | License Photo

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Senate approves funding for TSA and most of Homeland Security, but not immigration enforcement

The Senate early Friday morning approved Homeland Security funds to pay Transportation Security Administration agents and most other agencies, but not the immigration enforcement operations at the heart of the budget impasse that has jammed airports, disrupted travel and imposed financial hardship on workers.

The deal, which the Senate approved unanimously without a roll call, next goes to the House, which is expected to consider it Friday.

“We can get at least a lot of the government opened up again and then we’ll go from there,” said Senate Majority Leader John Thune, R-S.D. “Obviously, we’ll still have some work ahead of us.”

With pressure mounting to resolve the 42-day stalemate over funding for the Department of Homeland Security, the endgame emerged in the final hours before TSA workers miss another paycheck Friday. President Donald Trump said he would sign an order to immediately pay the TSA agents, saying he wanted to quickly stop the “Chaos at the Airports.” The deal did not include any of the restraints Democrats have demanded as they sought to rein in Trump’s mass deportation agenda.

Senate Democratic Leader Chuck Schumer said the outcome could have been reached weeks ago, and vowed that his party would continue fighting to ensure Trump’s “rogue” immigration operation “does not get more funding without serious reform.”

What’s in and out of the funding package

Senators worked through the night on the deal that would fund much of the rest of the department, including the Federal Emergency Management Agency, the Coast Guard and TSA, but without funding for Immigration and Customs Enforcement. Customs was funded, but Border Protection was not.

The package puts no new limits on immigration enforcement, which has remained largely uninterrupted by the shutdown. The GOP’s big tax cuts bill that Trump signed into law last year funneled billions in extra funds to DHS, including $75 billion for ICE operations, ensuring the immigration officers are still being paid despite the lapse.

Next steps in the House, where Speaker Mike Johnson, R-La., holds a slim majority, are uncertain. Passage will almost certainly require bipartisan support, as lawmakers on the left and right flanks revolt.

Conservative Republicans have panned their own party’s proposals, demanding full funding for immigration operations. Many have vowed to ensure ICE has the resources it needs in the next budget package to carry out Trump’s agenda.

“We will fully fund ICE. That is what this fight is about,” Sen. Eric Schmitt, R-Mo., said as he tried to offer legislation to fund the agency. “The border is closing. The next task is deportation.”

On-again, off-again talks collapsed

Earlier Thursday, Thune announced he had given a “last and final” offer to the Democrats. But as the day dragged on, action stalled out.

Democrats argued the GOP proposals have not gone far enough at putting guardrails on officers from ICE, Customs and Border Protection, and other federal agencies who are engaged in the immigration sweeps, particularly after the deaths of two Americans protesting the actions in Minneapolis.

They want federal agents to wear identification, remove their face masks and refrain from conducting raids around schools, churches or other sensitive places. Democrats have also pushed for an end of administrative warrants, insisting that judges sign off before agents search people’s homes or private spaces — something new Homeland Security Secretary Markwayne Mullin has said he is open to considering.

Trump had largely left the issue to Congress, but warned he was ready to take action, threatening to send the National Guard to airports in addition to his deployment of ICE agents who are now checking travelers’ IDs.

The White House had floated the extraordinary move of invoking a national emergency to pay the TSA agents, a politically and legally fraught approach. Instead, Trump’s order would pay TSA agents using money from his 2025 tax bill, according to a senior administration official who spoke on condition of anonymity because they weren’t authorized to discuss it publicly.

If the Senate package is approved by the House and signed it into law, the action Trump announced to pay TSA agents may be temporary or unneeded.

Airport lines grow as TSA workers endure hardships

The funding shutdown has resulted in travel delays and even warnings of airport closures as TSA workers missing paychecks stop coming to work.

Multiple airports are experiencing greater than 40% callout rates of TSA workers and nearly 500 of the agency’s nearly 50,000 transportation security officers have quit during the shutdown. Nationwide on Wednesday, more than 11% of the TSA employees on the schedule missed work, according to DHS. That is more than 3,120 callouts.

Everett Kelley, the president of the American Federation of Government Employees, said the union is grateful the TSA workers will be paid, but said Congress must stay in session to pass a deal “that funds DHS, pays all DHS workers, and keeps these vital agencies running.”

At George Bush Intercontinental Airport in Houston, Melissa Gates said she would not make her flight to Baton Rouge, Louisiana, after waiting more than 2½ hours and still not reaching the security checkpoint. She said no other flights were available until Friday.

“I should have just driven, right?” Gates said. “Five hours would have been hilarious next to this.”

Associated Press writers Joey Cappelletti, Kevin Freking, Rebecca Santana, Collin Binkley and Ben Finley in Washington, Lekan Oyekanmi in Houston, Wyatte Grantham-Philips in New York, Rio Yamat in Las Vegas, Russ Bynum in Savannah, Georgia, and Gabriela Aoun Angueira in San Diego contributed to this report.

Mascaro and Jalonick write for the Associated Press.

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EU approves customs reform to handle rising trade and global uncertainties

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The EU approved a sweeping customs reform to handle growing trade volumes and streamline the application of its standards.


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The agreement, which was reached on Thursday evening, introduces new tools to improve the collection of customs duties and increase controls on non-compliant or unsafe goods, without imposing excessive burdens for authorities and traders.

“Today’s agreement marks the greatest reform since the creation of the Customs Union in 1968”, Cypriot Finance Minister Makis Keravnos said in a statement following the adoption of the reform. “This modern toolbox will facilitate trade and ensure the proper collection of duties, in a simplified manner, and with the required legal certainty”, the minister added.

Customs management and trade have gained renewed urgency after trade volumes have sharply increased in the last years. Some €4.6 billion low-value items under €150 were imported to the EU in 2024, representing an average of 12 million parcels per day, according to European Commission data. That is a major increase from the €2.3 billion that entered in 2023 and €1.4 billion in 2022.

In addition, uncertainties over US tariffs, combined with new EU trade deals such as those with MERCOSUR and Australia, make this reform particularly timely.

EU customs data hub

The new rules foresee the creation of an EU customs data hub, which will be an online platform to facilitate the monitoring of trade flows without disrupting their smooth operation.

Businesses importing and exporting from the EU will only need to submit customs information on that single portal.

The hub, which will be operational for e-commerce from July 2028, will be managed by a new European Custom Authority, headquartered in Lille, France.

The Authority will oversee the EU customs by coordinating national offices and supporting them in the risk management. In particular, the Authority will analyse the import and export data to flag cargos that poses the highest risk for inspection.

The reform will also introduce simplified procedures for “trust and check traders” for transparent businesses that will not be subjected to active customs interventions.

For e-commerce operators that fail to comply with EU standards, it will be applied a new system of financial penalties.

The reform foresees a new EU handling fee for small parcels entering the EU starting November 2026, with the exact amount to be decided by the European Commission. From July to November, a temporary €3 tax will apply to all parcels under €150.

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Panel Approves Bill to Curtail Privileges of Former Presidents

The Senate Government Affairs Committee voted Tuesday to curtail the privileges of former presidents.

The bill was approved by voice vote and sent to the full Senate. The measure would limit the round-the-clock Secret Service protection for former presidents to five years instead of life and cut protection for their spouses to two years. Protection for children of former presidents, now extended until they are 16, would be limited to two years after their parent leaves office.

The legislation would prohibit former presidents from using their taxpayer-funded offices and staff for any money-making or political endeavors such as preparing speeches and memoirs.

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U.S. Mint can begin producing Trump commemorative gold coin after arts commission approves design

A federal arts commission on Thursday approved the final design for a 24-karat gold commemorative coin bearing President Trump’s image to help celebrate America’s 250th birthday on July 4.

The vote by the U.S. Commission of Fine Arts, whose members are supporters of the Republican president and were appointed by him earlier this year, was without objection. It clears the way for the U.S. Mint to begin production on the coin, whose size and denomination are still under discussion.

“As we approach our 250th birthday, we are thrilled to prepare coins that represent the enduring spirit of our country and democracy, and there is no profile more emblematic for the front of such coins than that of our serving President, Donald J. Trump,” U.S. Treasurer Brandon Beach said in a statement.

The unprecedented move marks yet another example of Trump and his allies circumventing conventional past presidential practices — and even the law — to get what he wants. It’s the latest instance of Trump putting his name and likeness in the historical archive, following his renaming of the U.S. Institute of Peace, the Kennedy Center performing arts venue and a new class of battleships, among other tributes.

Federal law says no living president can appear on U.S. currency. But Megan Sullivan, the acting chief of the Office of Design Management at the Mint, said the Treasury secretary has authority to authorize the minting and issuance of new 24-karat gold coins, which Scott Bessent has used to get around that prohibition and put Trump on a coin.

She presented the coin’s final design at the commission’s March meeting on Thursday and said Trump had approved it.

“It is my understanding that the secretary of the Treasury presented this design, as well as others, to the president and these were his selection,” Sullivan said.

The White House and the Mint did not immediately respond to electronic and telephone requests for comment.

The front of the coin features an image of Trump in a suit and tie and with a stern look on his face. His fists rest on top of what is supposed to be a desk as he leans forward. Lettering on the top half of the coin spells “LIBERTY” in a slight arc. Directly underneath that are the dates 1776-2026. The words “IN GOD WE TRUST” are at the bottom, with seven stars on one side of the coin and six stars on the other side.

The reverse side depicts a bald eagle midflight with “UNITED STATES OF AMERICA” on the right side and “E PLURIBUS UNUM” on the left side.

“I know it’s a very strong and a very tough image of him, and I think it’s fitting to have a current sitting president who’s presiding over the country over the 250th year on a commemorative coin for said year,” said Commissioner Chamberlain Harris, a top White House aide to Trump.

The coin will be part of a “very limited production run,” Sullivan said, but the number has not been determined. The size and denomination of the coin also have not yet been decided, she said. Some commissioners noted Trump’s fondness for big things as they advocated for the largest size coin.

The Mint, which is part of the Treasury Department, has looked at a size for the Trump coin that is larger than its 1-ounce gold coin, which is about 1.3 inches in diameter, Sullivan said.

Its largest coin is 3 inches, “so we’re looking somewhere in there,” she said.

“I think the president likes big things,” said Commissioner James McCrery II, who was the architect on Trump’s design proposal for a 90,000-square-foot ballroom addition to the White House. The fine arts commission approved that proposal at its February meeting.

Harris told McCrery she agreed with him. She works in the White House as a special assistant to the president and deputy director of the Oval Office.

“I think the larger the better. The largest of that circulation, I think, would be his preference,” Harris said, speaking of Trump.

Superville writes for the Associated Press.

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US arts commission approves gold coin stamped with Donald Trump’s face | Donald Trump News

The United States Commission of Fine Arts, a federal agency, has approved plans for a commemorative gold coin that features one of Donald Trump’s recent presidential portraits.

The commission, made up of Trump appointees, voted unanimously in favour of minting the coin on Thursday. But the legality of such efforts has been repeatedly questioned.

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Federal law prohibits the depiction of living presidents on US currency. Thursday’s coin, however, may sidestep the rule, as it is intended as a commemorative item, not for circulation as currency.

Still, the Trump administration has advanced other plans to put the president’s face on a $1 coin, in addition to the commemorative gold coin.

Critics denounced both initiatives as unlawful and inappropriate for a sitting leader.

“Monarchs and dictators put their faces on coins, not leaders of a democracy,” Senator Jeff Merkley told the news agency Reuters.

The Citizens Coinage Advisory Committee, a bipartisan federal panel, has previously pushed back against efforts to mint Trump-themed coins.

One of its members, Donald Scarinci, said that the panel and the Commission of Fine Arts are both supposed to approve such designs.

“But we still fully expect them to plough ahead and mint both coins,” Scarinci said of the commission.

The gold coin is set to feature a bald eagle on one side, and Trump on the other, leaning with both fists on the table and staring straight ahead.

The image is a facsimile of a black-and-white image of Trump taken by photographer Daniel Torok and featured in the National Portrait Gallery in Washington, DC.

“I know it’s a very strong and a very tough image of him,” said Chamberlain Harris, a Trump aide who was appointed to arts commission earlier this year.

Trump coin design
The US Mint’s commemorative gold coin for the 250th anniversary of the US is set to feature Donald Trump on one side [US Mint/Reuters]

Harris indicated that the Trump gold coin would be as large as possible. The US Mint currently produces coins as large as 7.6 centimetres, or three inches, which is what Harris said the Trump administration would aim for.

“I think the larger the better. The largest of that circulation, I think, would be his preference,” Harris said, referencing her discussions with the president.

Megan Sullivan, the acting chief at the Office of Design Management at the US Mint, also indicated that Trump had given the design his approval.

“It is my understanding that the secretary of the Treasury presented this design, as well as others, to the president, and these were his selection,” Sullivan said.

Since taking office for a second term, Trump has pushed to leave his mark on the federal government.

In addition to the gold coin and $1 coin that are slated to bear his image, he has placed his name on the US Institute of Peace and the Kennedy Center for the Performing Arts.

Both efforts are the subject of ongoing lawsuits. An act of Congress gave the Kennedy Center its name, designating it as a living memorial to the late John F Kennedy, a president who was assassinated in office in 1963.

Likewise, the US Institute of Peace was established by Congress as an independent think tank dedicated to conflict resolution.

It was the subject of a standoff between its leadership and members of Trump’s Department of Government Efficiency (DOGE) last March, culminating in its employees being forcibly evicted.

Trump has also placed his face on government buildings around Washington, DC, in the form of long banners.

Even the architecture of the city is changing to reflect his tastes: Last October, he tore down the White House’s East Wing in order to build a massive ballroom, and he has plans to build a triumphal arch in the capital, similar to the one in Paris, France.

Trump has pitched many of the changes as part of the country’s 250th anniversary celebrations, which culminate this July.

At Thursday’s meeting to discuss the gold coin, his officials repeated the argument that celebrating Trump was a good way to mark the anniversary.

“I think it’s fitting to have a current sitting president who’s presiding over the country over the 250th year on a commemorative coin for said year,” said Harris.

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