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Uranium.io is a next-generation platform transforming access to physical uranium (U₃O₈) through the power of blockchain technology. It empowers both individual and institutional investors to directly own and trade uranium, eliminating many of the traditional barriers, such as high costs, limited transparency, and market inefficiencies. Each xU₃O₈ token is fully backed by physical uranium stored in a secure, regulated facility operated by Cameco. Custodianship is provided by Archax, a UK-regulated digital asset firm, ensuring robust transparency and trust in the asset’s backing.

The platform meets rising investor demand for uranium—a key driver of the global energy transition. As nations pursue net-zero targets, nuclear energy is gaining momentum as a reliable, low-carbon power source. Governments across North America, Europe, and Asia are expanding nuclear capacity by restarting reactors, building new ones, and advancing small modular reactor development.

Diagram of investing in xU3O8

Uranium.io combines blockchain, digital custody, and real-world uranium supply to deliver secure, transparent access to the uranium market. By bridging traditional commodity trading with Web3, the platform enables users to seamlessly acquire, hold, and trade physical uranium through xU₃O₈ tokens.

Company Highlights

  • Uranium.io is a pioneering platform for buying and selling uranium, providing direct ownership of physical uranium via a blockchain-powered token xU3O8.
  • Built on Etherlink, powered by Tezos technology, enabling transparency, low fees, energy efficiency and programmable compliance.
  • FCA-regulated digital asset custodian, Archax, holds physical uranium in trust on behalf of token holders.
  • Physical supply is brokered by Curzon Uranium, a trusted uranium trading and logistics partner with deep industry roots and over $1 billion in uranium trades.
  • The uranium bought on the platform is physically stored at a regulated depository owned and operated by Cameco, one of the world’s leading global uranium providers/converters.
  • Global 24/7 market access offering fractionalized and direct uranium exposure with real-time settlement and cross-border accessibility.
  • Capitalizing on nuclear energy’s role in clean energy transition and the financialization of critical minerals.

This Uranium.io profile is part of a paid investor education campaign.*

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McDonald’s reported its worst quarterly sales for the United States since the height of the pandemic in 2020, the latest restaurant chain to be affected by America’s turbulent economic environment.

The burger giant reported U.S. same-store sales fell 3.6%, the largest three-month drop since Q2 2020, when they plunged 8.7%. Forecasts had been for a decline of just 1.7%.

‘Consumers today are grappling with uncertainty,’ McDonald’s Chairman and CEO Chris Kempczinski said in a statement, as the chain cited lower guest counts.

In a follow-up call with investors, McDonald’s executives said that traffic among middle-income diners fell by ‘nearly double digits’ alongside an ongoing drop-off among low-income ones. As an example, they said more people appear to be skipping breakfast entirely to cut back on spending, or eating breakfast at home.

‘People are just visiting less,’ they said.

High-income traffic, meanwhile, remained stable, they said.

That reflects the economy writ large: While less-well-off consumers rein in transactions to focus on essentials, wealthy consumers continue to spend freely.

McDonald’s is the latest restaurant chain to report weak financial results amid signs that consumers are pulling back on discretionary spending. Chipotle, Domino’s, Pizza Hut, Shake Shack and Starbucks all saw slowing or declining sales in their quarter, with many citing particular weakness among lower-income consumers.

McDonald’s also reported revenues that missed forecasts for the third time in four quarters.

The more volatile economic environment that’s been accelerated by President Donald Trump’s tariffs policies is also being felt abroad.

On the call, company officials said that while the McDonald’s brand hadn’t been affected by worsening perceptions of the U.S. by overseas consumers, its internal surveys had picked up a notable uptick in anti-American sentiment, particularly among diners in northern Europe and Canada.

‘We have seen … an increase in people in various markets saying they’re going to be cutting back on purchases of American brands,’ they said.

It nevertheless maintained its full-year financial outlook, including plans to open 2,200 locations, which it said should help boost sales growth by slightly more than 2%. It said a promotional tie-in with the ‘Minecraft Movie’ had been a hit, and that its refreshed value offerings continued to position it strongly compared with competitors.

Still, officials said on the call that they remained “cautious about consumer sentiment.”

Shares fell 1.6% in early trading.

This post appeared first on NBC NEWS

Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street Journal report that its board was searching for a replacement for chief executive Elon Musk.

The report, citing comments from sources familiar with the discussions, said that Tesla’s board members reached out to several executive search firms to work on a formal process for finding the company’s next CEO. Shares of Tesla fell as much as 3% in overnight trading on trading platform Robinhood following the news, before paring losses.

Tesla chair Robyn Denholm wrote on the social media platform X that the report was “absolutely false.”

“Earlier today, there was a media report erroneously claiming that the Tesla Board had contacted recruitment firms to initiate a CEO search at the company,” she wrote.

Elon Musk gulf of america red hat smile happy
Elon Musk during a Cabinet meeting at the White House on Wednesday.Evan Vucci / AP

“This is absolutely false (and this was communicated to the media before the report was published). The CEO of Tesla is Elon Musk and the Board is highly confident in his ability to continue executing on the exciting growth plan ahead.”It comes after a sharp drop in the electric vehicle giant’s sales and profits, with its top and bottom lines missing estimates in the first quarter. Musk has admitted that his involvement with the Trump administration could be hurting the automaker’s stock price.

The mega-billionaire said on a Tesla earnings call last week that he plans to spend just a “day or two per week” running the so-called Department of Government Efficiency beginning in May.Tesla’s total revenue slipped 9% year-on-year to hit $19.34 billion in the January-March quarter. This falls short of the $21.11 billion forecast by analysts, LSEG data shows.

Revenue from its automotive segment declined 20% year-on-year to $14 billion, as the company needed to update lines at its four vehicle factories to start making a refreshed version of its popular Model Y SUV. Tesla also attributed the decline to lower average selling prices and sales incentives as a drag on revenue and profit.

Its net income plunged 71% to $409 million, or 12 cents a share, from $1.39 billion or 41 cents a year ago.

Since the start of the year, its shares have plunged over 30%.

This post appeared first on NBC NEWS

President Donald Trump tapped former National Security Advisor Mike Waltz for his administration’s ambassador to the United Nations after New York Rep. Elise Stefanik withdrew her nomination so she could hold onto her House seat amid concerns over the GOP’s slim majority in the lower chamber. 

‘I am pleased to announce that I will be nominating Mike Waltz to be the next United States Ambassador to the United Nations,’ Trump posted to Truth Social Thursday. 

‘From his time in uniform on the battlefield, in Congress and, as my National Security Advisor, Mike Waltz has worked hard to put our Nation’s Interests first. I know he will do the same in his new role. In the interim, Secretary of State Marco Rubio will serve as National Security Advisor, while continuing his strong leadership at the State Department. Together, we will continue to fight tirelessly to Make America, and the World, SAFE AGAIN. Thank you for your attention to this matter!’

The announcement comes after news broke on Thursday morning that Waltz was no longer serving as the administration’s national security advisor. 

A handful of names had been floated for the role after Stefanik withdrew her nomination in March, including former U.S. ambassador to Israel David Friedman, former deputy special envoy to monitor and combat anti-semitism at the State Department under the first Trump administration, Ellie Cohanim and special presidential envoy Richard Grenell. Grenell said he was a ‘hard no’ on serving in the U.N. ambassador role ahead of Trump’s announcement. 

Trump announced Stefanik as his original choice for the role back in November 2024, just days after his successful election against former Vice President Kamala Harris. The New York congresswoman, however, pulled her nomination last month as concerns mounted in Trump’s orbit that the GOP’s slim majority in the House would grow smaller in her absence. 

Concerns grew ahead of two special House elections in Florida on April 2, which ultimately saw both Republican victorious, but with significantly slimmer margins than their GOP predecessors in their previous elections. 

Stefank told Fox News’ Sean Hannity in March that she bowed out of the confirmation process to serve as U.N. ambassador due to both the GOP’s margin in the House, combined with the need for her to help combat Democratic ‘corruption’ in her home state of New York. 

‘It was a combination of the New York corruption that we’re seeing under Kathy Hochul, special elections and the House margin,’ Stefanik said on ‘Hannity.’ ‘I’ve been in the House. It’s tough to count these votes every day. And we are going to continue to defy the political prognosticators and deliver, deliver victory on behalf of President Trump and, importantly, the voters across this country.’

‘The president knows that. He and I had multiple conversations today, and we are committed to delivering results on behalf of the American people. And as always, I’m committed to delivering results on behalf of my constituents,’ she added. 

Trump announced on Truth Social that Stefanik withdrew her nomination to ‘remain in Congress to help me deliver Historic Tax Cuts, GREAT Jobs, Record Economic Growth, a Secure Border, Energy Dominance, Peace Through Strength.’

‘With a very tight Majority, I don’t want to take a chance on anyone else running for Elise’s seat. The people love Elise and, with her, we have nothing to worry about come Election Day. There are others that can do a good job at the United Nations,’ he added. 

Under Trump’s first administration, former South Carolina Gov. Nikki Haley and former diplomat Kelly Craft served as U.N. ambassadors. 

Upon taking office, the 47th president made cuts to the U.S.’ involvement with programs under U.N.’s umbrella, including ending the U.S.’ engagement with the U.N. Human Rights Council and banning funding for the U.N. relief agency for Gaza. 

‘I’ve always felt that the U.N. has tremendous potential,’ Trump said in February while signing the executive order that made cuts to U.S. involvement with U.N. groups. ‘It’s not being well-run.’

 ‘A lot of these conflicts that we’re working on should be settled, or at least we should have some help in settling them. But we never seem to get help. That should be the primary purpose of the U.N.,’ Trump continued. 

Fox News Digital’s Julia Johnson and Elizabeth Elkind contributed to this report. 

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National security advisor Mike Waltz and other National Security Council staffers were ousted from their office on Thursday, in the most high-profile executive office exits of the second Trump administration. 

Fox News confirmed on Thursday morning that Waltz and his deputy, Alex Wong, were ousted following a Signal chat leak debacle that unfolded in March, when the editor-in-chief of the Atlantic magazine was inadvertently added to a group chat with high-profile Trump officials such as Waltz, Secretary of Defense Pete Hegseth and CIA Director John Ratcliffe discussing military strikes on Houthi rebels in Yemen.

Speculation had mounted for weeks that Waltz would be removed from his position amid the fallout of the chat leak, though the administration has maintained that no classified material was shared in the group chat and that the president had confidence in his National Security Council team. 

Fox News Digital took a look at who President Donald Trump could select to replace Waltz now that the position is open. 

Steve Witkoff 

Trump’s Special Envoy to the Middle East Steve Witkoff, who has been a top U.S. negotiator with Russia amid its war against Ukraine, could be tapped for the open national security advisor position. 

Witkoff is a former real estate tycoon and longtime ally of Trump’s whose focus under the Trump administration has been on negotiating with Russia for a peace deal in Ukraine, and negotiating with Iran regarding its nuclear program. Witkoff was notably credited with helping secure the reality of U.S. school teacher Marc Fogel from a Russian prison in February. 

Witkoff traveled to Moscow on April 25 as the White House reportedly extended its final offer to Russia as it continues waging a war against Ukraine that has raged since February 2022. 

‘Ambassador Witkoff is in Russia to meet with President Putin as part of President Trump’s efforts to make peace,’ an official with knowledge of the talks and visit told Fox News Digital at the end of April. 

‘It’s long past time for the death and destruction to stop, to move past the failed strategies of the past and for an end to this devastating conflict,’ the official added, without commenting on the ‘substance of negotiations.’

The war has continued, with the U.S. making strides with Ukraine, however, Wednesday, as Trump works to secure a peace deal. Ukraine signed a deal with the U.S., allowing America access to the country’s rare minerals as it continues to hash out a peace agreement. 

Ric Grenell 

Trump could potentially tap Richard Grenell, former ambassador to Germany and former acting director of national intelligence under the first Trump administration, to take the national security role.

The former ambassador currently serves as the president of the Kennedy Center, the national cultural center of the U.S., under the second Trump administration. 

Grenell’s name has been floated for other high-profile roles under the second Trump administration, such as a potential replacement for U.S. ambassador to the United Nations after Republican New York Rep. Elise Stefanik withdrew her name in March to retain her seat in the House. Grenell, however, said he was a ‘hard no’ on serving in the U.N. ambassador role. 

Rep. Elise Stefanik

Trump previously named Stefanik as his pick for ambassador to the U.N. but announced March 27 that she withdrew her nomination to ‘remain in Congress to help me deliver Historic Tax Cuts, GREAT Jobs, Record Economic Growth, a Secure Border, Energy Dominance, Peace Through Strength.’

‘With a very tight Majority, I don’t want to take a chance on anyone else running for Elise’s seat,’ he added. ‘The people love Elise and, with her, we have nothing to worry about come Election Day. There are others that can do a good job at the United Nations.’ 

Stefanik is a fierce Trump ally, who notably grilled Ivy League college administrators from Penn and Harvard, her alma mater, in December 2023 regarding whether ‘calling for the genocide of Jews’ violates the respective school’s codes of conduct.  

Trump potentially selecting Stefanik as a replacement for Waltz, however, would leave the Republican House majority vulnerable to an even tighter margin if Stefanik left her New York seat. 

This post appeared first on FOX NEWS

President Donald Trump’s National Security Advisor Mike Waltz and other staffers are out at the National Security Council, sources confirmed to Fox News. 

Democrats quickly reacted to the news during a press conference Thursday afternoon.

‘I’m not surprised that there is turmoil after the Signal gate fiasco, but I think there’s a lot more. In the words of the late and great John McCain, there’s more shoes to drop off the centipede,’ Sen. Tim Kaine, D-Virginia, told Fox News. 

Kaine reacts to Waltz news

‘Mike Waltz has left the chat,’ the former Democratic vice presidential nominee Gov. Tim Walz, D-Minn, said on X, in a nod to Waltz accidentally adding The Atlantic Editor-in-Chief Jeffrey Goldberg to a Signal chat where war plans were reportedly discussed. 

Senate Minority Leader Chuck Schumer, D-N.Y., told Fox News on Thursday that the Trump administration ‘should fire him, but they’re firing the wrong guy.’

‘They should be firing Hegseth,’ Schumer said before adding, ‘Everyone knew that Hegseth was the wrong guy for DOD, given his background, given his attitude towards women, but given the fact that he had no experience and had never shown an ability to run an organization.’

House Minority Leader Hakeem Jeffries said Waltz should step down and agreed with Schumer that Defense Secretary Pete Hegseth, who reportedly shared war plans in a second Signal chat with family members, should be fired by the Trump administration. 

‘The Trump administration is the most incompetent administration ever assembled, particularly as it relates to the defense and national security apparatus. Pete Hegseth is the most unqualified secretary of defense ever. He’s got to go. And if he doesn’t have the dignity to resign, Trump should fire him. Now the National Security Advisor is out. He’s the first person to leave. He will certainly not be the last,’ Jeffries told Fox News. 

Arizona Sen. Mark Kelly, who is a Navy combat veteran, also shifted blame to Hegseth, telling Fox News that the ‘most toubling’ part of the Signal controversy wasn’t ‘accidentally putting a journalist on there,’ but ‘sharing incredibly sensitive information about a strike off of an aircraft carrier, putting pilots at risk.’

‘I think they fired the wrong guy,’ Kelly added. 

Sources told Fox News that Waltz and his deputy Alex Wong are out, with additional names likely to come. Democrats on Thursday said they would not be the last. 

The Department of Defense did not immediately respond to Fox News Digital’s request for comment.

Fox News’ Jacqui Heinrich, Tyler Olson, Kelly Phares and Monica Oroz contributed to this report.

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President Donald Trump joked that his administration could end the separation of church and state on Thursday, saying they are ‘bringing religion back to our country.’

Trump made the statement during a speech at the White House celebrating the National Day of Prayer. He touted the White House’s faith office and its leader, Paula White.

Trump began by thanking White for serving in her role as senior advisor to the faith office, remarking that his other advisors had questioned the move. ‘They said separation of church and state, they told me. I said let’s forget about that for one time. We said, really? Separation? Is that a good thing or a bad thing? I’m not sure,’ Trump said.

‘But whether there’s separation or not, you guys are in the White House where you should be, and you’re representing our country,’ he continued. ‘We’re bringing religion back to our country.’

Trump signed an executive order establishing a White House Faith Office in early February.

The new office is meant to ’empower faith-based entities, community organizations, and houses of worship to better serve families and communities,’ according to a White House statement.

The office plans to coordinate with other agencies on training for religious liberty and on elevating grant opportunities for non-profit faith-based entities, community organizations and houses of worship. It will also collaborate with the Department of Justice on identifying constitutional religious liberty protections. 

The order came just one day after Trump signed another aimed at creating a task force to identify ‘anti-Christian bias.’

The White House said this ‘Task Force to End the War on Christians’ will comprise members of the president’s Cabinet and key government agencies, and the order seeks to ‘end the anti-Christian weaponization of government.’ 

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President Donald Trump’s former national security advisor is sounding the alarm about the Justice Department’s proposal to break up Google’s illegal monopoly on online search, saying in a letter to White House leaders that the government’s proposal is overly broad and poses ‘drastic’ and far-reaching national security risks. 

In a letter to the White House National Security Council, obtained by Fox News Digital, Trump’s former national security advisor, Robert O’Brien, argued that the Biden-era DOJ framework is in ‘direct conflict’ with Trump’s policy priorities, and risks hobbling U.S. competition with China in a high-stakes race to develop new and advanced technology. 

The U.S., he said, ‘now finds itself in a literal ‘technology race’ – as significant and critical to our nation’s strength, and the Trump Administration’s objectives, as the ‘arms race’ of the past century,’ O’Brien said.

‘To prevail, the U.S. must maintain and expand its global leadership in key technologies.’ 

The letter was sent to White House national security advisor Mike Waltz before he was ousted from his role Thursday along with his deputy, Alex Wong, in the wake of the Signal controversy earlier this year. It was not immediately clear who Trump planned to install as his replacement. A copy was also sent to U.S. Attorney General Pam Bondi. 

News of the letter, first reported by Fox News Digital, comes as lawyers for the Justice Department and Google continue to spar in federal court over how far Google should go to break up what a judge ruled last year to be its illegal monopoly on online search.

O’Brien in his letter said the plans proposed by the Biden-era DOJ would cripple Google’s ability to compete or innovate on the global stage – undermining U.S. leadership on cutting-edge technologies, such as AI and quantum computing, in its race against China, and presenting grave new economic and national security risks. 

DOJ’s Antitrust Division is ‘aggressively pursuing the misguided policies of the prior Biden Administration and its European-like approach to crippling our nation’s largest and most robust technology companies,’ O’Brien said.  ‘By ignoring their enormous value to our country’s strength, the Antitrust Division is seeking, through draconian remedies, to import European-style regulatory restrictions and prohibitions at home here in the Google Search case.’

He also urged the Trump-led Department of Justice to review the framework to restructure Google’s search engine and amend it in a way that would still allow the company to compete.

‘Splitting Google into smaller companies and forfeiting its intellectual property would weaken U.S. competitiveness against the giant, state-backed Chinese tech companies, since, separated entities would lack the enormous resources needed,’ O’Brien said.

‘Experts in multiple fields critical to national security confirm these basic principles and loudly address the concern that handcuffing our high-tech powerhouses would undermine U.S. leadership and superiority in these key technologies, and risk ceding the world’s technology leadership to China,’ he said.

The letter comes as Google and the Justice Department continue to spar in federal court in a so-called ‘remedies hearing’ to break up what U.S. District Judge Amit Mehta ruled last summer was Google’s illegal monopoly in the online search engine space.

The two sides presented the court with starkly different plans for how they believe Google should go about resolving its monopoly – the first successful antitrust lawsuit brought by the U.S. against a major tech company since U.S. v. Microsoft in 2001. 

Justice Department lawyers said Google should be required to sell off its Chrome browser, share years of its consumer data with competitors, and potentially sell Android, Google’s smartphone operating system.

Their proposed framework also includes requirements that Google be required to disclose its consumer data and search information with other companies, including rivals located outside the U.S., for the next 10 years. 

They told the court these steps could also stop Google from obtaining a monopoly in the AI space – acknowledging that technology is going to evolve, and therefore remedies must ‘include the ability to evolve alongside it as well.’

Google has proposed a much narrower remedies plan, including options for shorter contracts with browser companies, like Apple and Mozilla; new contracts with Android, and other important steps they said would make the landscape more competitive. 

Google officials argue DOJ’s proposal goes ‘miles beyond’ the relief that was ordered by Judge Amit Mehta in August, and warned that the government’s proposed framework would stifle competition, fail to regulate anticompetitive conduct, and hobble Google’s ability to attract new investments or innovate in key areas like AI and quantum computing.

Google CEO Sundar Pichai testified in court Wednesday that DOJ’s proposal, if adopted, would result in a ‘de facto divestiture’ of Google’s search engine that would allow companies to reverse-engineer ‘any part’ of its tech stack, which he noted is the result of decades of investment and innovation.

If that happened, he said, it could all but kill the nearly $2 trillion company by giving its IP away to its competitors.

‘It’s not clear to me how to fund all the innovation we do,’ he said, ‘if we were to give all of it away at marginal cost.’

O’Brien serves as the co-founder and partner emeritus of Larson LLP, a firm that has represented Google as special outside counsel in unrelated matters, though O’Brien himself has not been involved in any of those cases.

The Justice Department did not respond to Fox News Digital’s request for comment on the letter from O’Brien, or whether the Trump-led DOJ had plans to amend its proposed framework in the Google remedies case. 

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President Donald Trump signed an executive order Thursday establishing a presidential commission on religious liberty. 

Trump unveiled plans for the new commission during a National Day of Prayer event at the White House and signed it later in the event. 

Texas Lt. Gov. Dan Patrick will serve as the chairman of the commission, Trump said from the White House Rose Garden. 

‘The last administration attacked people of faith for four years,’ Patrick said Thursday. ‘There’s a saying that no one should get between a doctor and a patient. I think we would say no one should get between God and a believer. No one should get between God and those seeking him.’

The Religious Liberty Commission will compose a report evaluating threats to religious liberty in the U.S., ways to enhance religious freedom and examine the history of American religious liberty, according to a White House fact sheet on the executive order. 

The report will address issues including parental rights in religious education, school choice, attacks on religious places of worship, and free speech issues for religious organizations, according to the fact sheet. 

‘Under President Donald Trump’s leadership, faith has not been pushed aside,’ Paula White-Cain, who leads the White House’s faith office, said at the prayer event. ‘It has been brought back to where it always belongs, and that is center.’ 

The commission will include leaders from ‘diverse’ religious backgrounds, clergy members, legal experts, academics and public advocates, the fact sheet said. 

Additionally, these leaders will provide guidance to the White House on policy and legislative solutions to advance religious liberty. 

Among those serving on the commission are American TV personality and author Phillip McGraw, known as Dr. Phil, who has his own television show. McGraw appeared at the White House Thursday during the prayer event. 

Trump previously stood up a White House Faith Office, as well as a task force at the Justice Department focused on eliminating anti-Christian bias. 

This is a breaking news story and will be updated. 

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Thirty-five House Democrats are rebuking the Biden administration’s 11th-hour waiver that cleared a path for California to enact a full ban on gas cars by 2035.

A Republican resolution aimed at repealing the Biden-era Environmental Protection Agency (EPA) move passed by a 246 to 164 vote on Thursday morning.

Notably, two California House Democrats were among the 35 who voted to rescind their own state’s clean energy waiver – Reps. Lou Correa and George Whitesides.

Other Democrats in the number include Reps. Bennie Thompson, D-Miss., Pat Ryan, D-N.Y., Tom Suozzi, D-N.Y., Jared Moskowitz, D-Fla., Hillary Scholten, D-Mich., and Frank Mrvan, D-Ind.

It was a stunning repudiation of their own former party leader’s policies targeting one of Democrats’ largest strongholds.

Republican leaders, meanwhile, cheered the resolution’s passage.

House Majority Leader Steve Scalise, R-La., said of the California waiver, ‘This radical measure bans the sale of gas-powered vehicles, forcing electric vehicles on the American people and taking away consumer choice.’

‘Americans should choose which car best suits their needs and the needs of their family, not the government,’ Scalise told Fox News Digital.

House Majority Whip Tom Emmer, R-Minn., said, ‘There is no reason the radical climate policies of California should regulate the entire American population and rob every American of consumer choice.’

‘House Republicans are righting yet another wrong done by the Biden administration and returning basic freedom to choose whatever car you want to the American people,’ Emmer told Fox News Digital.

Rep. John Joyce, R-Pa., vice chairman of the House Energy & Commerce Committee, introduced a resolution of disapproval last month targeting a Biden administration-era waiver granted to California that would help the state realize its goal of a full ban on the sale of new gas cars by 2035.

A resolution of disapproval, under the Congressional Review Act, allows lawmakers a mechanism to oppose unilateral rules made by federal agencies.

Biden’s EPA approved a waiver for California in December 2024, just over a month before he left office, that would make it possible for the state to phase out new gas-powered car sales by 2035.

The waiver was granted despite concerns raised by major automakers earlier that year about the feasibility of California’s goals – but state officials pushing the plan have insisted it was critical to take on climate change.

At the time, the Biden administration argued the waiver amounted to an order rather than a regulatory rule, meaning it would not be subject to congressional review.

However, it has been the subject of a standoff between the Trump administration and the federal bureaucracy since then.

The Trump administration asked Congress to review the waiver in late February of this year – paving the way for a potential repeal under the GOP-controlled House and Senate.

However, the Government Accountability Office said in March that California’s waiver is not subject to the Congressional Review Act.

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