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Congress Sends Epstein Files Bill to Trump

The House and Senate approved legislation Tuesday forcing the Justice Department to make public all records related to convicted sex offender Jeffrey Epstein, ending months of political conflict that saw President Donald Trump abruptly shift his stance days before the vote.

The House passed the measure 427-1, with Rep. Clay Higgins, R-La., casting the only vote against it. The Senate approved the bill hours later through unanimous consent, sending it to Trump’s desk.

Under the legislation, the attorney general must make public all unclassified documents, communications, and investigative materials about Epstein and accomplice Ghislaine Maxwell within 30 days. The DOJ may redact information that identifies victims or could endanger national security or harm active investigations, BUT the bill also states that they must notify Congress of any redactions.

You can read more on the matter here.

What’s going on?

• British Columbia Abandons 2035 Electric Vehicle Sales Mandate (theDeepDive)

• National public alerting system to be tested across Canada today (Globe)

• Ontario Suspends Immigration Stream, Returns All Applications Amid Fraud Concerns (theDeepDive)

• US and Russian officials draft new peace plan for Ukraine (FT)

• Canada Announces Major Funding Increase for European Space Agency Programs (theDeepDive)

• Fed’s October Rate Decision Fueled Pushback Over Possible December Cut (WSJ)

• UK Military Bans Classified Talk in Vehicles Over Chinese Espionage Fears (theDeepDive)

• Lawrence Summers steps down from OpenAI board over Epstein emails (FT)

• Indonesia Launches Export Duties In A Soft Start Towards Gold Nationalization (theDeepDive)

• From $1 trillion spending to F-35s, U.S.-Saudi pledges aren’t done deals yet (CNBC)

• Venezuela Mobilizes 200,000 Troops as US Labels Cartel Terrorist Group (theDeepDive)

What’s the latest?

• Tech: Brookfield Asset Management launched a US$100B AI infrastructure program with Nvidia and Kuwait Investment Authority, anchored by a new $10B AI Infrastructure Fund that already secured $5B in commitments. The fund aims to acquire $100B worth of energy, land, data centers, and compute assets. Brookfield estimates AI will require $7T in global infrastructure investment over the next decade. Initial deals include a $5B agreement with Bloom Energy for 1 GW of power solutions, plus major projects in Sweden (95B SEK / ~$10B) and France (€20B).

• Markets: Canada’s TSX index rose ~97 points to 30,133, driven by tech and base metals. U.S. markets were mixed, with the Dow down 109 points, while the S&P 500 gained 19 and the Nasdaq jumped 170. The Canadian dollar weakened slightly to 71.20 cents US. Crude oil fell to US$59.19, while gold surged to US$4,090.40 an ounce.

• Trade Deficit: The U.S. trade deficit fell 24% in August to $59.6B, driven by a 5% drop in imports after Trump’s broad tariffs took effect on Aug. 7. Exports were essentially flat at $280.8B, but the year-to-date deficit remains up 25% from 2024. Economists say the smaller August gap boosts Q3 GDP, though tariffs continue to pressure inflation above 2%. Following voter backlash, Trump recently dropped tariffs on several food items, while the Supreme Court is reviewing whether he exceeded his authority in imposing widespread levies.

• Geopolitics: Carney is visiting the UAE — the first Canadian PM visit since 1983 — to seek AI and investment ties while avoiding press access. The trip comes as the UAE faces accusations of arming Sudan’s RSF, linked to an ongoing genocide in Darfur, despite Emirati denials. Canada’s mortgage delinquency, trade, and arms-export context add pressure, with experts arguing Ottawa should demand UAE compliance with a UN arms embargo. Carney will meet UAE officials before heading to the G20 in South Africa.

• Real Estate: Canada’s national mortgage delinquency rate dipped to 0.22% in Q2 from 0.23%—its first decline in three years—driven by improvements in Atlantic Canada, Quebec, and the Prairies. Despite the national drop, delinquencies continue to rise in Ontario and B.C., with Toronto up 60% year-over-year to 0.24%. Over 750,000 mortgages are set to renew in late 2025 and another 1.15 million in 2026, many at higher rates. Average five-year fixed uninsured mortgage rates have climbed from 2.36% in 2020 to 3.95% in 2025.

IAMGOLD Q3 Earning

The stock market and stuff

• Elliot Investment’s Stake Puts Pressure On Barrick Mining Strategy (theDeepDive)

• Nvidia shares set for $300bn swing around high-stakes earnings (FT)

• Bitcoin Price At Six-Month Low, Triggering Liquidation Surge And Losses (theDeepDive)

In the juniors

• Aya Gold Set To Sell 2.5 Million Silver Equivalent Ounces In Concentrate From Boumadine (theDeepDive)

• Torr Metals Announces Drill Update: Advancing Toward 2,800 m and Expanding Strike Potential at Bertha (JMN)

• Altamira Gold Encounters Second Porphyry Body, Hitting 3.5 g/t Gold Over 8.0 Metres (theDeepDive)

FULL DISCLOSURE: PTX Metals is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of PTX Metals. The author has been compensated to cover PTX Metals on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.