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White House

Trump’s $300M White House Ballroom: Tech Titans Among Donors, East Wing Demolished

Trump’s $300M White House Ballroom: Tech Titans Among Donors, East Wing Demolished

Donald Trump’s plan has set off a flurry of activity in Washington. The White House has confirmed demolition of the East Wing is complete, and construction will proceed under private funding abcnews.go.com. Trump personally hosted a thank‑you dinner in the East Room for the donors – which included executives from Amazon, Apple, Google, Microsoft, Meta and others independent.co.uk abcnews.go.com – underscoring the political significance of the project. In a public statement, Trump declared: “For 150 years-plus they’ve wanted to have a ballroom…and it never happened because they’ve never had a real estate person” independent.co.uk. He later reiterated that the expansion
24 October 2025
White House U-Turn: Student Loan Forgiveness Approved for Millions After Court Deal

White House U-Turn: Student Loan Forgiveness Approved for Millions After Court Deal

The Trump administration quietly agreed to a court-supervised settlement with the AFT on Oct. 17, 2025, directing the Department of Education to speed up student loan cancellations under existing federal programs foxbusiness.com timesofindia.indiatimes.com. The deal – awaiting final judge approval – requires DOE to process forgiveness applications for all borrowers who hit the payment threshold in qualifying Income-Driven Repayment (IDR) plans (original ICR, PAYE, and the classic IBR) as long as those plans exist foxbusiness.com timesofindia.indiatimes.com. In practice, this means millions of borrowers who made 20–25 years of payments will finally see remaining balances wiped out, whereas under the administration’s
21 October 2025
This Tiny US Miner Could Shatter China’s Rare-Earth Monopoly – USAR Stock Explodes on White House Buzz

This Tiny US Miner Could Shatter China’s Rare-Earth Monopoly – USAR Stock Explodes on White House Buzz

USA Rare Earth, Inc. (NASDAQ: USAR) is a development-stage rare-earth miner and magnet-maker founded in 2019, publicly listed via SPAC on March 14, 2025 ts2.tech. Its flagship asset is the Round Top Mountain deposit in Texas (via a JV with Texas Mineral Resources), rich in heavy rare-earths like dysprosium and terbium ts2.tech. USAR is building a vertically integrated “mine-to-magnet” supply chain: mining Round Top, processing oxides, and manufacturing NdFeB magnets at a plant in Stillwater, Oklahoma (expected online ~2026, initially 1,200 tpa expanding to ~5,000 tpa) globenewswire.com ts2.tech. In late September 2025 USAR announced a transformative acquisition of UK-based Less
USA Rare Earth Stock Skyrockets on Rare Earth Boom and White House Buzz – What’s Driving USAR’s Record High?

USA Rare Earth (USAR) Stock Soars on Rare Earth Boom and White House Buzz – What Investors Need to Know

Company Background & Operations USA Rare Earth, Inc. is a U.S.-based critical minerals company focused on establishing a fully domestic rare-earth supply chain – from mining and processing raw rare earth elements to manufacturing finished rare-earth magnets. The company’s flagship asset is the Round Top Mountain rare-earth deposit in Texas, which contains a broad range of critical rare earth elements (including heavy REEs like dysprosium and terbium) ts2.tech. Through a joint venture (with Texas Mineral Resources), USAR controls the Round Top deposit, which is still under development but is central to securing the raw materials for its magnet production plans ts2.tech. On the downstream side, USA
USA Rare Earth Stock Skyrockets on Rare Earth Boom and White House Buzz – What’s Driving USAR’s Record High?

USA Rare Earth Stock Skyrockets on Rare Earth Boom and White House Buzz – What’s Driving USAR’s Record High?

Company Overview: Building a U.S. “Mine-to-Magnet” Supply Chain USA Rare Earth, Inc. is an emerging company at the intersection of mining and clean-tech manufacturing. Its mission is to establish a domestic supply chain for rare earth magnets, which are the powerful magnets used in a range of clean energy and high-tech applications (from electric vehicle motors and wind turbines to fighter jets and MRI machines). The company’s strategy is often described as “mine-to-magnet,” meaning it intends to extract rare earth ore, process it into refined metals, and manufacture finished magnet components – all within the U.S. or friendly territories ts2.tech ts2.tech. In summary, USA Rare
USA Rare Earth (USAR) Stock Skyrockets on Major UK Acquisition and White House Talks

USAR Stock Skyrockets on White House Buzz and Rare Earth Boom – Will the Rally Last?

Red-Hot Rally on White House News (October 2–6 Recap) USAR has been on a tear in early October as excitement peaked around potential U.S. government support. The catalyst was an Oct. 2 CNBC interview in which CEO Barbara Humpton revealed USAR is “in close communication” with the Trump administration, when asked about the possibility of a federal investment investopedia.com. This effectively confirmed that talks are underway between the company and the White House regarding a strategic partnership or stake. Investors reacted swiftly: USAR’s stock jumped 23% on Oct. 2 after the interview, then climbed another ~15% on Oct. 3 to record highs investopedia.com.
6 October 2025
USA Rare Earth (USAR) Stock Skyrockets on Major UK Acquisition and White House Talks

USA Rare Earth (USAR) Stock Skyrockets on Major UK Acquisition and White House Talks

Stock Surge & Financials USA Rare Earth’s stock has been on a tear. After trading around $5–6 at the start of 2025, it climbed steadily as the company hit milestones, and on Oct 3, 2025 it burst higher. In pre-market on Oct 3, shares jumped about 10% after CEO Barbara Humpton said USAR was in “close discussions” with the White House on critical minerals supply reuters.com. This echoes reports that the Trump administration (via emergency powers) is actively boosting domestic rare-earth projects, alongside stakes in lithium companies and deals with MP Materials reuters.com investing.com. By midday Oct 3, Reuters noted USAR stock
White House’s Shocking 10% Intel Stake Plan Shakes the Tech World

White House’s Shocking 10% Intel Stake Plan Shakes the Tech World

The White House is reportedly weighing a plan to take a 10% ownership stake in Intel by converting up to $10 billion of CHIPS Act grants into equity. The proposed 10% stake would be worth roughly $10-11 billion at current valuations. Intel was awarded about $10.9 billion under the CHIPS and Science Act for new fabs in Arizona, New Mexico, Ohio and Oregon. Intel appointed Lip-Bu Tan as CEO in early 2025 after the ouster of Pat Gelsinger. Tan met with President Donald Trump in the Oval Office in early 2025. Trump publicly demanded Tan resign over alleged ties to
19 August 2025
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