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A Texas House of Representatives investigative committee recommended impeachment for embattled state Attorney General Ken Paxton.

The Texas House Investigative Committee unanimously voted 5-0 to adopt articles of impeachment for Paxton on Thursday, according to FOX 4.

A vote on the recommendation could come as soon as Friday. 

In Texas, an impeachment from the House would require Paxton to leave his office immediately pending a trial in the Senate.

The committee vote comes as Paxton is under investigation in a corruption case being led by the FBI over accusations that the attorney general used his office to assist a donor. He was also indicted in 2015 on securities and fraud charges, but hasn’t yet faced a trial.

Multiple aides from Paxton’s office became concerned that the attorney general was misusing the office’s power to help donor Nate Paul regarding unproven claims of a conspiracy to steal $200 million of his properties was taking place. 

Paxton also allegedly told staff members that he had an affair with a woman who worked for Paul.

Paxton has previously suggested that the House investigation is politically motivated. 

Chris Hilton, a lawyer in Paxton’s office, told reporters on Thursday that the House investigators are ‘false,’ ‘misleading,’ and ‘full of errors big and small.’

The Attorney General tweeted Thursday, ‘Overturning elections begins behind closed doors.’

Fox News Digital reached out to Paxton’s office for comment.

The Associated Press contributed to this report.

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Police in Wisconsin say the fentanyl-laced drugs that killed one person and caused three more to overdose in a village north of Milwaukee were bought at a state lawmaker’s tavern that has been the subject of multiple calls to police in recent years.

Republican Rep. Rob Brooks has owned the Railroad Station in Saukville since 2007 and said he was aware of issues with drugs at the bar shortly after purchasing it but thought they had been addressed.

A regular patron of Brooks’ bar sold cocaine laced with fentanyl to 28-year-old Nick Hamilton and three friends attending a birthday party there on May 5, Village of Grafton Police Chief Jeff Caponera said Monday. Hamilton overdosed that night and died in the hospital on May 8. Brooks said he was not at the bar that weekend.

‘It’s a tragedy what happened, no doubt, and we’ll do everything within our power to ensure nothing like this happens again,’ Brooks said on Thursday. ‘We’re not running a bad establishment.’

But Joe Hamilton, Nick Hamilton’s father, questioned Brooks’ sincerity. Brooks has not reached out to the family or responded to their calls and did not publicly comment on the recent death or answer questions about the bar until Thursday.

‘It ticks me off. It seems like he doesn’t care, like he doesn’t care about the community,’ Joe Hamilton said on Wednesday.

While Brooks has sponsored measures to crack down on drug distribution as a member of the Assembly, police have been called for drug-related complaints at his bar.

In 2018, an undercover informant told Ozaukee County Sheriff’s deputies that a patron regularly dealt drugs at the Railroad Station on Thursday evenings, according to police reports obtained by The Associated Press. Officers searched for the man at the bar and other locations but did not find him.

Brooks said he was not aware of the 2018 police report and had no reason to suspect drugs were being used or sold at his bar in recent years.

In the incident tied to the bar this month, Nick Hamilton and three friends overdosed in the early morning hours of May 6 at a home in Grafton. One of the victims called police after realizing that Nick Hamilton was not breathing and that another victim had been mauled by a dog while unconscious. Officers performed CPR and administered Narcan, a nasal spray that can reverse opioid overdoses, according to a police statement.

Police have not named the surviving victims but said two were expected to recover quickly and the woman who was mauled had received surgery for wounds on her face.

Joe Hamilton called on Brooks to do more to deter drug activity at the bar, including installing surveillance cameras and keeping a closer eye on the business.

Brooks questioned the usefulness of cameras but said Thursday that he does plan to install them. ‘Security cameras are not going to prevent something like this,’ he said. ‘We can’t put security cameras in bathrooms or other areas or cover every square inch of the property.’

Fentanyl, a synthetic opioid 50 times more potent than heroin, is highly addictive and can be lethal in doses as little as 2 milligrams, according to the Drug Enforcement Agency. Experts have attributed a national surge in overdose deaths in recent years to fentanyl being laced into many other illicit drugs. The state Department of Health Services said roughly 1,280 people in Wisconsin died from fentanyl overdoses in 2021.

Brooks and fellow Wisconsin Republicans have pushed for harsher criminal penalties to crack down on fentanyl distribution. Brooks cosponsored a bill in February that would set a maximum prison sentence of 60 years for someone convicted of reckless homicide for providing drugs that led to a fatal overdose, up from the current 40. The bill passed the Senate and is awaiting a vote in the Assembly.

‘What’s he going to do now? Promote it more because of the loss of my son? In reality, four people could’ve died, and they almost did,’ Joe Hamilton said. ‘Can I say Robert Brooks knew? No, I can’t honestly say that. But I know that he’s been there enough.’

When asked about other incidents police have responded to at the Railroad Station, Brooks said, ‘We’re a bar, and there is alcohol served.’

Last year, officers arrested a regular patron of the bar after he allegedly beat the son of the bar’s former owner for calling Brooks a racist. The victim told police that a patron repeatedly punched and kicked him in the bar’s parking lot, breaking three ribs and a bone in his face as well as puncturing his lung.

Brooks was not at the bar when the fight took place.

A case in 2014 reached the Wisconsin Supreme Court after an off-duty Railroad Station employee ejected an intoxicated man who had been ordered to leave. The off-duty employee allowed a man to fall down concrete steps and then dragged him onto the grass outside the bar, according to court filings. The man suffered head injuries and hypothermia from the cold weather.

Brooks owns several other businesses in the Saukville area, including a restaurant and rental properties. He was first elected to the Assembly in 2015. A bill he authored that was signed into law in his first term allows landlords to evict tenants with five days’ notice for using, making or selling drugs at a rental property.

Brooks stepped down from a top legislative leadership position in 2018 amid backlash over racial and sexual comments he made to female lawmakers. He ignored calls from former Republican Gov. Scott Walker to resign from office, saying he made ‘stupid comments while under the influence of alcohol.’

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On this week’s edition of Stock Talk with Joe Rabil, Joe tries to simplify the ADX indicator by showing how it will help to determine what you should be doing – pullback or breakout. He then explains how to use these tools in multiple timeframes to improve timing and lower risk. Joe presents a sector grid with RS in ACP, which can be very useful. He then covers the stock symbol requests that came through this week, including AMD, KO, and more.

This video was originally broadcast on May 25, 2023. Click this link to watch on YouTube. You can also view new episodes – and be notified as soon as they’re published – using the StockCharts on demand website, StockChartsTV.com, or its corresponding apps on Roku, Fire TV, Chromecast, iOS, Android and more!

New episodes of Stock Talk with Joe Rabil air on Thursdays at 2pm ET on StockCharts TV. Archived episodes of the show are available at this link. Send symbol requests to stocktalk@stockcharts.com; you can also submit a request in the comments section below the video on YouTube. Symbol Requests can be sent in throughout the week prior to the next show. (Please do not leave Symbol Requests on this page.)

Shares of Nvidia (NVDA) soared today after the company reported earnings that were well above estimates. Most impressive however, was the company’s estimates for next quarter’s revenues which was more than 50% above Wall Street estimates. NVDA cited surging demand for its chips that help with artificial intelligence applications and the stock is poised to trade higher. Subscribers to my MEM Edge Report will be familiar with NVDA as we added the stock to our Suggested Holdings List last January where we’ve since provided buy signal alerts.

In addition to Nvidia, those wanting to participate in the AI driven growth trend can look to companies that provide products to the company which is a leader in AI.  Taiwan Semiconductor (TSM) is one such company.  As the most advanced chipmaker in the world, they  manufacture the chips used by NVDA and TSM gets a cut of whatever Nvidia makes.

DAILY CHART OF TAIWAN SEMICONDUCTOR (TSM)

Taiwan Semiconductor (TSM) Gapped up 12% on very heavy volume today. The high volume indicates that the stock is being accumulated and it often points to further upside.

Netherlands based Semiconductor Equipment manufacturer ASML (ASML) is the only company in the world that can make its extreme ultraviolet (EUV) lithography machine. This tool is required by companies such as TSM and other chipmakers in the AI space. ASML broke out of a 4-month base on heavy volume today. Base breakouts often precede lengthier uptrends and the longer the base, the longer the advance out of that base.

DAILY CHART OF ASML HOLDING (ASML)

With each of these companies being in the Semiconductor industry, you’ll want to keep an eye on a Semiconductor ETF such as SOXX. In the chart below, you’ll see positive momentum in the group with a positive RSI and MACD as well. Semi stocks are highly cyclical and can pull back amid any hints of an economic slowdown. A break below the 50-day moving average coupled with a negative RSI or MACD would indicate a reversal of the current uptrend.

DAILY CHART OF iSHARES SEMICONDUCTOR ETF

Warmly,

Mary Ellen McGonagle, MEM Investment Research

*This article was published earlier today at SimplerTrading.com

In this edition of the GoNoGo Charts show, Alex takes a top-down approach to analyze the markets using GoNoGo Charts’ unique approach. Alex shows how the major asset classes are performing, then looks at the macro factors that effect the equity markets. Treasury rates, gold, oil and the dollar all help inform the investor. Diving into the equity markets, Alex uses the GoNoGo Sector RelMap to show how the growth sectors are helping to keep the overall market in its “Go” trend. After looking at the relative GoNoGo Charts of XLK and XLC, Alex walks through several single securities, such as META, AAPL, NVDA, and SHOP to look for strong trends and possible opportunities. Finally, he takes a look at the cryptocurrency environment.

This video was originally recorded on May 25, 2023. Click this link to watch on YouTube. You can also view new episodes – and be notified as soon as they’re published – using the StockCharts on demand website, StockChartsTV.com, or its corresponding apps on Roku, Fire TV, Chromecast, iOS, Android, and more!

New episodes of GoNoGo Charts air on Thursdays at 3:30pm ET on StockCharts TV. Learn more about the GoNoGo ACP plug-in with the FREE starter plug-in or the full featured plug-in pack.

President Joe Biden will nominate Air Force Gen. CQ Brown Jr. to serve as chairman of the Joint Chiefs of Staff to replace Army Gen. Mark Milley, who is retiring in October, a senior US official confirmed with Fox News.

The president plans to unveil Brown, a history-making fighter pilot, as his nominee during a Rose Garden event Thursday afternoon.

Brown, 60, was widely considered the frontrunner to replace Milley, especially as the Pentagon transitions its military capabilities away from land wars of the past to meet China’s growing cyber war, space, nuclear and hypersonic threats.

According to a senior administration official, Biden sees Brown as the right person to be the nation’s next top military officer because of how he has modernized U.S. airpower for a potential 21st-century fight, including updating the U.S. fleet and bolstering its nuclear arsenal.

Brown, a career F-16 fighter pilot with more than 3,000 flight hours, has commanded at every possible level in the Air Force and in joint commands, including in Europe, the Middle East and Asia.

He served as Pacific Air Forces commander, where he countered China in the Indo-Pacific.

Brown has also been deeply involved in the Pentagon’s efforts in Ukraine, as he has overseen the billions of dollars in U.S. financial and military aid supplied to the country.

Previously, he helped lead the U.S. air campaign against the Islamic State militant group.

Brown has also broken several barriers throughout his career, as he became the first Black Air Force chief of staff, the service’s top military officer, three years ago. The appointment also made him the first African American to lead any of the military branches.

He was first commissioned in 1984 after graduating from the ROTC program at Texas Tech University with a degree in civil engineering.

Brown’s confirmation is not certain, however, as Sen. Tommy Tuberville, R-Ala., has blocked recent military nominations.

He opposes the Pentagon’s policy of allowing funds to be used for military personnel who seek abortions if they are based in states where the operation is illegal.

The Joint Chiefs chairman is the highest-ranking officer in the country and serves as the senior military advisor to the president, the defense secretary and the National Security Council.

The chairman commands no troops but plays a critical role in all major military issues, making policy decisions and giving advice on major combat operations.

The position also leads all the joint chiefs who head the various armed services.

If Brown is confirmed by the Senate, both of the Pentagon’s top military and civilian positions would be held by African Americans for the first time. Defense Secretary Lloyd Austin, the first Black Pentagon chief, was confirmed in January 2021.

Army Gen. Colin Powell is the only other Black person to serve as Joint Chiefs chairman.

The Associated Press contributed to this report.

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Sen. Rick Scott, R-Fla., is hoping to give parents more control over their kids’ access to AI chatbots as Congress starts to wrestle with how to put guardrails around rapidly advancing artificial intelligence systems.

Scott introduced the Artificial Intelligence Shield for Kids (ASK) Act, and told Fox News Digital in an interview that he’s already winning support for the bill from Senate colleagues as well as American parents.

‘They like it. I mean, they’re worried about their kids’ access to social media sites,’ Scott said of parental feedback he’s received. ‘And I think that they’re going to do everything they can, the parents I talked to, but there’s also things that the government can do to make sure that their children are not subjected to things.’

‘Part of government’s responsibility is to keep people safe. And I think this is the basic premise of what government ought to be doing, is keeping kids safe,’ he said.

Snapchat, the popular photo and messaging app geared toward teens and young adults, recently introduced a chatbot feature called ‘My AI,’ powered by OpenAI’s technology. The feature can only be removed by paid Snapchat Plus subscribers. It’s already raised alarm bells among parents who are worried about what kind of exchanges their kids could have and whether interacting with a machine on that level would impede their social development.

Scott said the situation was ‘not fair’ and told Fox News Digital that he was partially inspired to introduce the bill by his own experience raising children.

‘I think about how my wife and I raised our daughters, you know, we signed off if they were gonna go to a school trip. If they were going to stay all night, we made sure we knew the family. We tried to make sure they’re around people that put them in a situation that kept them safe. And I think every parent probably thinks that way,’ the senator said.

‘So I think we’ve got to do the same thing with regard to technology,’ he said. ‘I don’t think that our children ought to be subjected to AI technology without parental consent.’

‘I think we need to have parents involved if their child’s going to see anything with AI technology. And then, don’t make people pay to get rid of it,’ Scott said.

Asked about what kind of feedback he’s gotten on the bill from fellow lawmakers, Scott said, ‘I think people were interested… I’ve been talking to a variety of senators about it, and some of my friends in the House.’

He added that he expects the legislation to move forward in committee, which would set it up for an eventual Senate floor vote.

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Former South Carolina Gov. Nikki Haley, who is seeking a Republican nomination in the 2024 presidential election, has pledged to sign a federal ban on abortion.

On Wednesday, Haley spoke at St. Anselm College in Manchester, New Hampshire, where she committed to banning the procedure, should a bill doing so clear a Republican-controlled Congress.

She did not specify details of a potential bill and said passage of such a bill through the U.S. Senate would be highly unlikely unless more Republicans are elected.

‘It would take a majority of the House, 60 senators and a president to sign it,’ Haley said Wednesday, referencing Republicans’ ability to overcome a potential Democratic filibuster. ‘We haven’t had 60 Republican senators in 100 years.’

Answering a question from an attendee, Haley described abortion as ‘incredibly personal’ and said her opposition to it would not waver, even if she were to campaign in a more liberal state.

‘I can’t suddenly change my pro-life position because I’m campaigning in New Hampshire,’ Haley said. ‘It’s incredibly personal, and I’m going to treat it with the respect it deserves.’

The issue of abortion has been front and center of the national conversation after the U.S. Supreme Court overturned Roe v. Wade last year, returning the legality of abortion to the states.

‘Now it’s back in the states where it belongs,’ Haley said Wednesday.

Republican states have differed on abortion bans, with some lawmakers pushing for total bans, and some drawing the lines at six weeks or 15 weeks. Most bills allow exceptions in the case of rape, incest, or to protect the life of the mother.

While serving as governor of South Carolina, Haley signed an abortion ban after 20 weeks.

Earlier this week, the South Carolina Senate passed a new ban on abortion after a fetal heartbeat is detected, which is usually around six weeks of pregnancy. Gov. Henry McMaster, a Republican, has said he will sign it into law.

The bill is already facing legal challenges.

Several Republican presidential candidates have already said they would support similar bans.

South Carolina Sen. Tim Scott, who launched his presidential campaign on Monday, said he would sign a 15-week ban into law.

Republican frontrunners, including former President Donald Trump and Gov. Ron DeSantis, appear to differ on the issue.

DeSantis, who launched his campaign Wednesday, recently signed a six-week ban in Florida.

Trump, who launched his presidential campaign last year, implied such a ban was ‘too harsh,’ although he has publicly expressed he is pro-life.

Former Vice President Mike Pence, who is expected to announce a bid for the presidency, has expressed support for Florida’s bill and would sign a similar proposal into law.

The Associated Press contributed to this report.

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FIRST ON FOX: Democratic Sen. Tim Kaine of Virginia recently purchased a luxury waterfront condominium from a senior executive at Dominion Energy, a multibillion-dollar energy company developing a massive offshore wind farm in his home state.

According to his 2022 financial disclosures filed this month, Kaine reported purchasing a residential property worth up to $1 million in March 2022. A Fox News Digital review of local real estate filings showed that Kaine and his wife Anne Holton paid $895,000 for a multi-unit condominium in Richmond, Virginia, from Dominion deputy general counsel George Marget on March 8, 2022.

The condominium’s listing on Redfin, an online real estate firm, state that the residence is ‘one of a kind’ and ‘one of the largest and finest condos’ in Richmond. The condominium has two master suites, a ‘gourmet kitchen,’ dining room and comes with three parking spaces.

Kaine’s disclosures further indicated that the senator earned up to $15,000 renting the apartment back to the ‘previous owner.’ However, a spokesperson for Kaine — who defended the purchase, saying it was negotiated by realtors — said the filing should have stated ‘previous occupant’ since it was rented to a tenant who had been living in the condominium at the time of the purchase.

‘Senator Kaine and Anne Holton bought their condo from the Margets in a transaction negotiated by realtors,’ the spokesperson said in a statement to Fox News Digital. ‘The Margets did not live in this condo and instead had a long-term tenant who rented the condo from them. This tenant, who was not a Dominion employee, asked whether he could remain in the condo for a period of time after the sale while he looked for a new place.’ 

‘Senator Kaine and his wife agreed to rent the condo to the tenant for approximately two months for the same rental amount the tenant had previously paid the Margets,’ the Kaine spokesperson continued. ‘Senator Kaine’s financial disclosure form is being corrected to reflect that the condo was rented to the ‘previous occupant,’ not the ‘previous owner.’’

Senate filings showed that Kaine ultimately amended the disclosure form following Fox News Digital’s inquiry.

Dominion, which is based in Richmond, is currently developing the Coastal Virginia Offshore Wind (CVOW) project, the state’s first offshore wind farm. CVOW, which is located off the state’s southeastern coast near Virginia Beach, currently consists of two operational pilot wind turbines and is on track to be fully constructed by 2026 with between 176 and 205 turbines sprawled across 112,800 acres.

Kaine has been a vocal supporter of the project, which would be the largest offshore wind development nationwide once constructed, urging federal regulators to fast-track its permitting process and successfully winning millions of dollars in funding for supporting projects.

‘I’m thrilled to see this project underway as it’s an exciting step toward a clean energy economy that creates good jobs in the commonwealth,’ Kaine said in a statement included in a July 2021 Dominion Energy press release. ‘I will keep pushing for clean energy investments in Virginia to boost our economy and build a more sustainable future.’

The statement came after the Bureau of Ocean Energy Management advanced the project’s environmental review process. Kaine other Virginia lawmakers wrote a letter to the agency months earlier, urging it to move forward with the review. 

And Kaine helped secure $20 million in federal funds to improve the Portsmouth Marine Terminal, allowing it to serve as a staging area supporting CVOW construction and development.

Fox News Digital reported earlier this month that Dominion’s political action committee (PAC) has funneled $23,000 to Kaine’s campaign since 2011, and another $44,500 to Common Ground PAC, the leadership PAC affiliated with and chaired by Kaine, in that same time span. Kaine announced in January that he would run for re-election in 2024.

In a statement to Fox News Digital, Dominion echoed Kaine’s spokesperson and defended Marget, similarly saying that he sold his Richmond condominium through a normal, public process and that the executive and Kaine were kept at an ‘arm’s length.’ 

‘In early 2022, Mr. Marget initiated an open sale process of a residential property he owned in downtown Richmond, with a public listing, open house, and scheduled tours,’ Dominion Energy spokesperson Ryan Frazier told Fox News Digital in an email. ‘The sale was negotiated between real-estate agents representing the buyer and seller, with the buyer and seller at arms’ length.’ 

‘Monthly payments from a renter not related to Marget who was living at the property continued through the end of a lease period, which occurred after the transaction’s close,’ Frazier added. ‘Mr. Marget did not notify Dominion Energy of this transaction, and was under no obligation to do so.’

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As the House prepares to vote on a bill intended to curb fentanyl overdose deaths, lawmakers weighed in on what’s driving the influx of the synthetic opioid and what’s needed to combat it.

‘We have a circumstance right now where the open southern border is a permission slip to cartels driving fentanyl into our communities,’ Rep. Matt Gaetz, a Florida Republican, told Fox News. ‘The consequences are a direct result of intentional action to keep that border open.’

Rep. Dan Crenshaw said drug overdoses are why he’s ‘been so outspoken about going after cartels, the source of the fentanyl issue.’

WHAT IS CONGRESS DOING TO CURB FENTANYL OVERDOSE DEATHS? WATCH:

Over 200,000 Americans have overdosed and died from synthetic opioids like fentanyl since 2020, according to the Centers for Disease Control and Prevention.

‘It’s gotten so much worse over the last couple years, so now it’s on everyone’s radar,’ Crenshaw, a Texas Republican, said. ‘Everybody now has multiple people in their district, I think, who are overdosing from fentanyl.’

The House on Wednesday afternoon was expected to vote on the Halt All Lethal Trafficking of Fentanyl Act, which would create harsher penalties for possessing and distributing the fentanyl mixtures.

‘Hopefully we’re gonna get that passed so we can say ‘enough is enough,’’ Rep. Nathaniel Moran, a Republican, told Fox News.

But Rep. Jim McGovern was skeptical.

‘I don’t think that the bill the Republicans are bringing before us is gonna solve it,’ the Massachusetts Democrat said. ‘That’s more of a soundbite than a solution.’

Several lawmakers had introduced their own bills. Rep. Sheila Jackson Lee’s, for example would increase outreach, put Narcan in schools and enhance penalties for illegal online sales.

‘We’ve got to be sensible,’ the Texas Democrat told Fox News. ‘We’ve got to punish those who do wrong.’

‘We’ve gotta make sure that we embrace our children and youth and educate them extensively to know what will kill them,’ she continued. ‘We’ve got to stop the traffickers in their tracks.’

Moran’s legislation would economically sanction any individuals or entities involved in the fentanyl trade.

Feeling it in the pocketbook is ‘what’s gonna drive some change,’ Moran, of Texas, said.

Rep. Mike Gallagher, who chairs the Select Committee on the Chinese Communist Party, also said more sanctions were needed, but also pointed a finger at entities in China.

‘We need to get aggressive in what is effectively a reverse opium war being waged against the United States,’ the Wisconsin Republican told Fox News. He said his committee aims ‘to expose that the precursor chemicals are coming from China.’

‘You have this unholy alliance between Chinese entities and the drug trafficking organizations that’s resulting in the death of 80,000 Americans annually,’ Gallagher said. ‘It’s absolutely horrific.’

Rep. Jimmy Gomez, a California Democrat who serves on the House Intelligence Committee, said increasing border security would help slow the influx of the synthetic opioid.

‘We’ve gotta break up those entities that are making the fentanyl and then getting it through the border,’ Gomez said. ‘We need to make sure we have more resources at the port of entry where 90% of the fentanyl comes in.’

McGovern, meanwhile, wants to target the problem at home.

‘We need more interventions. We need more mental health counselors,’ he told Fox News. ‘It’s not just about interdiction, but certainly we need to increase funds for that.’

‘This is a problem that is solvable,’ McGovern said.

To hear more from members of Congress, click here.

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