• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

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

by January 30, 2025
written by January 30, 2025

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 comment
0
FacebookTwitterPinterestEmail

previous post
President Trump’s foreign policy playbook has our friends and foes equally rattled
next post
Anti-Trump FBI agent responsible for opening Jack Smith elector case against president: whistleblower

related articles

Rubio gains early momentum in hypothetical 2028 GOP...

March 30, 2026

Key US ally blocks airspace to military flights...

March 30, 2026

Scorned ex-lover accuses Sinema of ‘malicious’ marriage interference

March 30, 2026

Internet erupts over ‘disqualifying’ leaked audio from Democrat...

March 30, 2026

Trump admin launches Gen Z hiring push as...

March 30, 2026

Mike Rowe unleashes on Jimmy Kimmel’s latest ‘tone-deaf’...

March 30, 2026

Federal election complaint alleges AOC misused campaign funds...

March 30, 2026

New AI coalition targets Washington, Big Tech as...

March 30, 2026

Iran’s internet blackout hiding strike damage and suppressing...

March 30, 2026

Insurgent Virginia Democrat says his party is ‘completely...

March 30, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Comey indicted for alleged false statements, obstruction of congressional proceeding

    September 26, 2025
  • Apollo to acquire UK parcel delivery company Evri for £2.7 billion

    July 25, 2024
  • Trump speaks with Chinese President Xi Jinping on range of issues including Russia-Ukraine war

    February 4, 2026
  • Trump White House takes 100-day victory lap on reforming key agency amid fierce pushback

    April 29, 2025
  • South Korea flips left in presidential race; Lee secures victory after conservative opponent concedes

    June 3, 2025

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

    May 9, 2025
  • 5

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024

Categories

  • Economy (829)
  • Editor's Pick (8,426)
  • Investing (1,491)
  • Stock (1,003)

Latest Posts

  • The Euro index is losing momentum and retreating today

    August 8, 2024
  • Benjamin Harrison won the White House by receiving the electoral majority, but losing the popular vote

    August 20, 2024
  • Federal judge strikes down Biden-era transgender regulation

    October 24, 2025

Recent Posts

  • Trump announces more nominations, including Kari Lake as director of Voice of America broadcast

    December 12, 2024
  • New York Democrat rips ‘far left’ for Trump victory: ‘Ivory-towered nonsense’

    November 7, 2024
  • FLASHBACK: Arizona Dem Senate candidate called Trump voters ‘dumb’: ‘Worst people in the world’

    September 28, 2024

Editor’s Pick

  • Europe must invoke ‘snapback’ sanctions on Iran, US lawmakers say, as Trump resumes ‘maximum pressure’

    February 13, 2025
  • Trump files ‘powerhouse’ appeal in ‘politically charged’ Manhattan district attorney case

    October 28, 2025
  • New poll shows Harris taking a slim lead over Trump thanks to support from a surprising group

    October 8, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.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 © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock