Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

Politics

‘Taking it back’: Internal House GOP memo outlines case for Trump to buy Panama Canal

by January 30, 2025
January 30, 2025
‘Taking it back’: Internal House GOP memo outlines case for Trump to buy Panama Canal

House Republican leadership is encouraging lawmakers to back up President Donald Trump’s desire to return the Panama Canal to U.S. ownership, a new memo suggests.

The House GOP Policy Committee, led by Chairman Kevin Hern, R-Okla., the No. 5 House Republican leader, sent the document to legislative directors across the conference on Wednesday.

The two-page memo, simply titled ‘Panama Canal,’ begins by highlighting Trump’s past comments about China’s influence over the Panama Canal and his goal of ‘taking it back.’ 

It also noted that Secretary of State Marco Rubio will be visiting Panama on his first trip as Trump’s top diplomat.

The memo starts with details of the history of the U.S. and the Panama Canal. ‘The Panama Canal was built by the U.S. between 1904 and 1914. The canal was leased to the U.S. for nearly 75 years under the Hay–Bunau-Varilla Treaty of 1903 which established the Panama Canal Zone and the subsequent construction of the Panama Canal.’

It also points out that it was under the late former President Jimmy Carter that Panama was given control of the canal, via treaties later criticized by Trump.

The treaties with Carter ‘gave the U.S. the permanent explicit right to intervene to keep the canal open in the event of any threat that may interfere with the canal’s continued neutral service to ships from all nations,’ the memo said before laying out arguments for why Republicans believe Panama has since violated its end of the deal.

‘About 5% of global maritime traffic passes through the Panama Canal, saving 6,835 miles off a journey that would otherwise require a long and dangerous trip skirting the southern tip of South America,’ the memo states. ‘The United States is Panama’s largest provider of foreign direct investment—$3.8 billion annually.’

Meanwhile, ‘Chinese companies now operate ports at both ends of the canal. Chinese construction companies in 2018 funded a $1.4 billion bridge project spanning the canal,’ it reads.

‘The treaties require that transit fees be ‘just, reasonable, equitable, and consistent with international law,’’ and that Panama maintain the canal’s permanent neutrality,’ the memo said. ‘The high fees charged by Panama as well as Panama’s openness to investment by the Chinese Communist Party in the canal zone are likely both in breach of the terms of the treaties.’

Congress has already granted the president wide authority over international commerce in the event of an emergency, but GOP lawmakers have signaled they want to ease those guardrails further.

Main Street Caucus Chairman Dusty Johnson, R-S.D., introduced a bill earlier this month to let Trump re-purchase the Panama Canal for the U.S. A short while later, freshman Rep. Riley Moore, R-W.Va., unveiled legislation to widen Trump’s non-emergency tariff power.

Additionally, Rep. Andy Ogles, R-Tenn., has a bill to authorize Trump to enter into negotiations to buy Greenland.

The memo from Hern’s policy committee is notable, however, as an apparent subtle marching order to the House GOP conference to continue down that path.

It could also likely embolden Republican lawmakers to find legislative avenues to further back up Trump’s push to purchase the canal, particularly given the Panamanian government’s opposition to the U.S. president’s plan.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Gisèle Pelicot’s ex-husband, imprisoned for raping and drugging her, now caught up in other cases
next post
Anti-Trump FBI agent responsible for opening Jack Smith elector case against president: whistleblower

You may also like

Trump, GOP leaders meet at White House as...

January 22, 2025

Trump envoy warns Hamas of ‘serious consequences’ as...

January 14, 2026

Top 5 Inauguration Day moments

January 21, 2025

‘Death of DEI’: GOP senator expected to take...

February 20, 2025

Trump’s art of war: Win without fighting

February 20, 2025

Democrats are hammering Republicans on Epstein, but one...

July 27, 2025

Social Security pushes back on Warren, touts transparency...

September 17, 2025

David Marcus: Meet the RFK voters who could...

August 22, 2024

Rosie O’Donnell flees US after Trump win, won’t...

March 12, 2025

‘Down to the wire’: Steve Scalise predicts House...

November 7, 2024

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


    By opting in you agree to receive emails from us. Your information is secure and your privacy is protected.



    Latest

    • JD Vance to skip Munich summit after fiery 2025 clash with European leaders

      January 16, 2026
    • UNRWA officials lobby congressional staffers against Trump terrorist designation threat

      January 16, 2026
    • Top Iran prayer leader who dubbed protesters ‘Trump’s soldiers’ calls for executions amid ongoing unrest

      January 16, 2026
    • Trump launches phase 2 of Gaza peace plan — but Hamas disarmament remains the real test

      January 16, 2026
    • US ambassador warns Iran at emergency UN meeting that Trump is ‘man of action,’ ‘all options are on the table’

      January 16, 2026
    • Lindsey Graham returns to Israel for talks with Netanyahu amid Middle East tensions

      January 16, 2026

    Categories

    • Business (840)
    • Investing (661)
    • Politics (7,059)
    • World News (3,213)

    Disclaimer: WhaleLargeCapital.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2026 whalelargecapital.com | All Rights Reserved