breaking news out of Portland. The Ninth Circuit, breaking news about Portland, I should say.

The Ninth Circuit Court of Appeals has overturned Judge Emergut's order blocking the federalization

of the National Guard, which means President Trump can deploy the National Guard into Portland,

Oregon. That is a big, big deal. It is a big deal. And I want to just correct one thing and then explain why functional

it is the same. This is a stay of Judge Irriguez's opinion. And that's why it reached

the Ninth Circuit as soon as it did, because this is an emergency motion to essentially

pause her order. But as a functional matter, you are absolutely correct. It has the function of overturning her order and thereby allowing the president to send the National Guard back onto the streets of Portland.

And Katie, I want to read, if I can, just from a little bit of the beginning of this 93-page opinion.

It says, after considering the record, and by the record, they mean all the factual evidence

at this preliminary stage, we conclude that it is likely that the president lawfully exercised

his statutory authority under 10 U.S.C. Section 12406. That's the statute we've been referring

to as Title 10 when we have conversations about the National Guard deployments,

which authorizes the federalization of the National Guard when the President is unable with

the regular forces to execute the laws in the United States. And this is the important part.

The evidence the President relied on reflects, quote, a colorable assessment of the facts

and law within a range of honest judgment.

We thus conclude that defendants are likely to succeed on the merits of their appeal,

basically saying that when and if a court considers all of the record in this matter is tried,

and it gets back to an appellate court through an ordinary process where they have full briefing and full evidence,

that they still think Donald Trump is likely to prevail there because he has the discretion to determine as the president

within a range of honest judgment when it is reasonable to the police guard.

So we're going to be here to talk about lots of different things. And we might take a few questions before, but we are discussing critical minerals and rare earths. And we're going to be signing an agreement that's been negotiated over a period of four or five months. And it was sort of good timing that we got it done just in time for the visit.

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