Category: Business

  • MIL-OSI USA: Senate Intelligence Committee Passes Intelligence Authorization Act

    US Senate News:

    Source: United States Senator for Arkansas Tom Cotton
    FOR IMMEDIATE RELEASE
    July 15, 2025
    CONTACT:     
    Caroline Tabler (Cotton) 202 224-2353Patrick McCann (Cotton) 202 224-2353Rachel Cohen (Warner) 202 228-6884
    Senate Intelligence Committee Passes Intelligence Authorization Act
    Washington, D.C. – Senator Tom Cotton (R-Arkansas), and Senator Mark R. Warner (D-Virginia), Chairman and Vice Chairman of the Senate Select Committee on Intelligence, today released the following statements after the Senate Select Committee on Intelligence passed the Intelligence Authorization Act for Fiscal Year 2026 (IAA) today on a bipartisan 15-2 vote. The bill authorizes funding, provides legal authorities, and enhances oversight of national security threats and our United States Intelligence Community.
    “I’d like to thank my colleagues for their tireless work on this bill that will go a long way towards keeping America safer and making the intelligence agencies charged with doing so more transparent and efficient. I am pleased this bill includes needed reforms and restructuring to the Office of the Director of National Intelligence, restricts the travel of adversarial diplomats inside the United States, and protects Intelligence Community installations by adding further reviews to nearby land purchases which safeguards them against drone threats. This bill passed out of committee on a bipartisan basis and I hope my colleagues will support its passage by the full Senate,” said Senator Cotton.
    “This bipartisan bill provides the Intelligence Community the resources it needs to do its mission while ensuring that we maintain rigorous oversight of the IC’s activities. This year’s IAA responds to important concerns, including by enhancing protections for whistleblowers, and also safeguards our Nation’s critical infrastructure in the wake of the Salt Typhoon compromises.  At the same time, it readies the IC for the future by promoting IC energy resiliency through the deployment of nuclear technologies and enhancing the IC’s ability to detect and counter threats relating to biotechnologies and bioweapons,” said Senator Warner. 
    The Intelligence Authorization Act for Fiscal Year 2026 will:
    Significantly reform and improve efficiencies and effectiveness within the Office of the Director of National Intelligence and the broader Intelligence Community;
    Require that visas be denied to certain nationals applying to work at the United Nations if they are known or suspected of being foreign intelligence officers or committing intelligence or espionage activities;
    Prohibit the Intelligence Community from contracting with Chinese military companies engaged in biotechnology research, development, or manufacturing;
    Codify tour and travel restrictions for Chinese, Russian Iranian and North Korean diplomats in the United States;
    Improve the Intelligence Community’s artificial intelligence capabilities and capacity and establish guidelines for the IC’s procurement and use of artificial intelligence;
    Shores up counter-intelligence risks posed by Salt Typhoon compromises of U.S. telecommunications infrastructure by leveraging IC procurement power;
    Strengthen the security of telecommunications networks by establish baseline cybersecurity requirements for vendors of telecommunications services to the IC;
    Establish authorities for protecting Central Intelligence Agency facilities from unmanned aircraft systems;
    Require the Intelligence Community to develop a policy for sharing biotechnological threats with U.S. agencies, allies, and private-sector partners, including on PRC efforts to acquire genomic data;
    Require the Director of National Intelligence to identify sites for deployment of advanced nuclear technologies;
    Establish a fund to support IC efforts to acquire and integrate emerging technologies proven to meet mission needs;
    Prohibit Intelligence Community contractors from collecting or selling Intelligence Community personnel location data;
    Support the Intelligence Community workforce by requiring the Director of National Intelligence to issue standard guidelines for Intelligence Community personnel to document and report Anomalous Health Incidents; 
    Enhance protections for, and congressional oversight of, Intelligence Community whistleblowers;
    Require the Director of National Intelligence to enhance efforts to counter narcotics trafficking with the Government of Mexico;
    Promote transparency by requiring the Director of National Intelligence to conduct a declassification review and publish intelligence relating to the origins of the COVID-19 pandemic;
    Streamline the construction of Intelligence Community facilities;
    Amend the Spectrum Relocation Fund authorization to clarify eligibility for Title 50 agencies that utilize spectrum and whose usage could be impacted by future reallocation decisions;
    Protect Americans’ privacy by statutorily requiring procedures governing the dissemination of U.S. identities and corresponding reporting requirements, as well as prohibits the Department of Homeland Security’s Office of Intelligence and Analysis from collecting intelligence on Americans; and
    Provide additional reviews for foreign purchases of land near IC facilities.

    MIL OSI USA News

  • MIL-OSI USA: Reed Helps Introduce Consumer OPT-IN Act Designed to Ease Unsubscribing

    US Senate News:

    Source: United States Senator for Rhode Island Jack Reed
    WASHINGTON, DC – When it comes to companies offering ‘free trials’ for subscription services, U.S. Senator Jack Reed (D-RI) says they should actually be free.  And when it comes time to cancel unwanted recurring subscriptions, Senator Reed says it should be just as simple to cancel as it was to sign up.
    Today, Reed joined U.S. Senator Chris Van Hollen (D-MD) in introducing the Consumer Online Payment Transparency and Integrity (Consumer OPT-IN) Act to halt the use of unfair and deceptive practices in ‘negative option marketing’ (where consumers enroll in subscription plans that automatically renew unless consumers actively opt out before a given renewal).  This legislation would help protect consumers from online ‘free trial’ scams and hard-to-cancel recurring-payment programs by requiring companies with customers on recurring payment programs to offer easy online cancellation.
    The bill puts the onus on companies, not consumers, when it comes to extending subscriptions and memberships, including requiring a shift from “opt-out” conditions to “opt-in.” 
    The lawmakers say Congress must act in the wake of the U.S. Court of Appeals for the Eighth Circuit ruling last week that vacated the Federal Trade Commission’s (FTC) 2023 ‘click to cancel’ rule, which would have taken effect today and complemented this legislation by making it easier to get out of unwanted subscriptions. As a result of this ruling, businesses are free to continue using deceitful practices that trap consumers into making recurring payments that they never intended to make – underscoring the need to codify into law the “opt-in” requirements in this legislation.
    “While companies have made it easier than ever to sign up for subscription-based services, too many Americans know the frustration of jumping through endless hoops to get out of them. Corporate special interests are pushing to preserve the status quo so they can pad their profits by keeping consumers locked into unwanted subscriptions, but we will keep fighting back. Our legislation puts consumers in control – offering them an easy way out of subscription traps and holding companies accountable for these deceptive practices,” said Senator Van Hollen.
    “This legislation will make it easier for consumers to cancel subscriptions they don’t want. The process of enrolling and cancelling should be equally simple: If one click can sign you up, then you should be able to cancel with one click too,” said Senator Reed. “Simplifying the process for ending ‘free trials’ or unwanted subscriptions will save consumers real money.  This bill will get rid of needless cancellation hurdles, hold corporations accountable, and save consumers time, money, and peace of mind.”
    Companies increasingly use free trial offers and unclear terms and conditions to trap consumers into subscriptions. Additionally, companies often use software and interfaces that subtly trick users, called dark patterns, making it harder for consumers to end these subscriptions and stop unwanted charges. While the FTC has dedicated significant resources to combatting the worst of these business practices, resulting in at least $110 million worth of refunds returned to consumers over the past five years, more action is needed. To more effectively deter companies from employing these practices and better protect and inform consumers, the Consumer OPT-IN Act would limit the use of deceptive tactics and impose stricter notification requirements on companies.
    To better protect and inform consumers, the Consumer OPT-IN Act would limit the use of deceptive tactics and impose stricter notification requirements on companies. It will protect consumers from deceptive free trials and marketing tactics by:
    •           Requiring companies to get express informed consent from consumers before converting free trials into automatically renewing contracts and charging consumers;
    •           Requiring companies to notify consumers of the first automatic renewal and obtain express informed consent from consumers before automatically renewing long term contracts;
    •           Requiring that companies offering contracts that automatically renew on a short-term basis get express informed consent from consumers annually;
    •           Requiring companies that have knowledge that a consumer isn’t using their products or service for 6 months to get the consumer’s express informed consent to continue billing, and allowing consumers to request a refund for the remaining portion of the contract;
    •           Providing consumers with refunds when violations occur;
    •           Giving the FTC rulemaking authority over negative option contracts, automatic renewals, and dark patterns.
    In addition to Van Hollen and Reed, the bill is also cosponsored by U.S. Senators Richard Blumenthal (D-CT), John Fetterman (D-PA), Kirsten Gillibrand (D-NY), Mazie Hirono (D-HI), Ben Ray Luján (D-NM), Jeff Merkley (D-OR), Bernie Sanders (I-VT), Peter Welch (D-VT), and Ron Wyden (D-OR).
    The Consumer OPT-IN Act has been endorsed by Public Citizen, National Consumer Law Center, Consumer Action, Americans for Financial Reform, and American Economic Liberties Project.
    Consumers who feel they have been unfairly charged for an unwanted subscription or if a company used deceptive tactics to prevent them from cancelling may report it to the FTC: https://reportfraud.ftc.gov
    Companion legislation is being introduced in the U.S. House of Representatives by Congresswoman Yvette D. Clarke (D-NY-9).

    MIL OSI USA News

  • MIL-OSI USA: Schatz fights Trump-backed NOAA staffing cuts

    US Senate News:

    Source: United States Senator for Hawaii Brian Schatz
    WASHINGTON >> Members of Congress are expressing renewed support for the nation’s weather forecasting system after deadly flooding in Texas and elsewhere put the focus on cuts within the National Oceanic and Atmospheric Administration.
    The Trump administration proposed cutting NOAA’s fiscal 2026 budget to $4.5 billion — a 27%, nearly $1.7 billion reduction from the estimated fiscal 2025 spending.
    But Senate appropriators from both parties highlighted the importance of NOAA, and particularly the National Weather Service housed within it, in a meeting last week.
    During the Senate Appropriations Committee’s markup of its draft fiscal 2026 Commerce-Justice-Science bill on July 10, Subcommittee Chair Jerry Moran, R-Kan., said the bill would spare the NWS from the proposed cuts.
    “NOAA, and particularly the National Weather Service, is a hugely important component of what this bill funds, and this bill recognizes that importance,” said Moran, adding that the “bill fully funds the (NWS) for purposes of employing people who work” and eliminates any reduction in the workforce.
    Moran said the language would require the Trump administration to maintain staffing at levels necessary to fill statutory obligations and would increase the appropriation by $10 million to accomplish that goal. Moran didn’t provide a topline figure and the committee hasn’t yet released its draft text or bill summary.
    Sen Brian Schatz, D-Hawaii, expressed concern that the bill still gave too much discretion to the Office of Management and Budget to determine whether the agency has too many employees. He offered an amendment that would require the administration to maintain staffing at the same levels as they were on Sept. 30, 2024. The panel rejected the amendment along party lines.
    “It’s clear to me that this administration has already made the judgment that the National Weather Service has too many human beings,” said Schatz.
    The committee ultimately didn’t complete work on the bill last week due to an unrelated disagreement over the future of a proposed FBI campus in Maryland.
    House Republicans, meanwhile, released their version of the fiscal 2026 Commerce-Justice-Science spending bill on Monday. The bill includes a cut of $387 million, or 6%, for NOAA, taking its budget to $5.8 billion in fiscal 2026, according to the GOP summary.
    The House C-J-S Appropriations Subcommittee approved the measure for full committee consideration on a 9-6 vote today.
    Staffing ‘a top priority’
    The issue of staffing at NOAA also came up in the confirmation hearing for Neil Jacobs, Trump’s nominee to lead NOAA, in the Senate Commerce Committee on July 10. Ranking member Maria Cantwell, D-Wash., said NOAA has lost nearly 1,900 employees, with 3,000 vacancies due to firings of probationary employees and buyouts, since Trump took office.
    “If confirmed, I will ensure that staffing the weather service offices is a top priority,” said Jacobs. “It’s really important for the people to be there because they have relationships with the people in the local community. They’re a trusted source.”
    Jacobs said he supported the administration’s proposal to cut NOAA’s budget by 27% in fiscal 2026, adding the cuts could be implemented by shifting work from the research to operations without impacting “mission essential functions” at the NWS.
    Monica Medina, principal deputy secretary for oceans and atmosphere at NOAA during the Obama administration and now a distinguished fellow with the environmental group Conservation International, said cuts to research would have significant implications for operations.
    “Artificial intelligence is only as good as the data you put in it,” Medina said in an interview. “We need science and research and data to inform our weather forecasts now and in the future, and what we’re doing is taking apart a system that was getting better and better and better, and putting ourselves at greater risk. And the impact on people is real and the forecast will be less accurate.”

    MIL OSI USA News

  • MIL-OSI USA: SUNDAY SHOWS: Send the One Big Beautiful Bill to President Trump’s Desk

    US Senate News:

    Source: US Whitehouse
    This morning, Members of Congress joined President Donald J. Trump on the Sunday shows to discuss the overwhelmingly positive impacts of the One Big Beautiful Bill — which will deliver unprecedented tax relief, generational welfare reform, and historic spending cuts for the American people.
    Here’s what you missed:
    President Trump on Sunday Morning Futures
    “We’re cutting $1.7 trillion … We’re going to have growth like we’ve never seen before.” (Watch)
    “It takes care of the border. There’s also No Tax on Tips, No Tax on Social Security, No Tax on Overtime.” (Watch)
    Senator Markwayne Mullin on Meet the Press
    “This cuts spending. It’s the largest deficit cut by any Congress ever in history. It makes tax cuts permanent — which, instead of taxes going up January 1 by $4 trillion, it actually restores the tax cuts and the average household of four is going to bring home pay over $10,000 more a year.” (Watch)
    “What we’re doing is cutting the waste, fraud, and abuse out of the Medicaid system and make sure it’s for the people that it was originally intended for.” (Watch)
    Senator Jim Banks on Fox News Sunday
    “This is the biggest spending cut in American history — a $1.6 trillion spending cut, getting rid of the Green New Deal scams from the Biden Administration, and it’s the biggest tax cut in American history for working class families.” (Watch)
    “Everyone in my family is blue collar, working class. They’re all going to get socked by another $2,000, on average, every year. They already tell me they can’t keep up right now, and the Democrats want them to pay more in taxes? … Democrats are focused on screwing the working class with higher taxes … President Trump and Republicans are serious about cutting taxes on the people who need it the most.” (Watch)
    Senator Katie Britt on State of the Union
    “We’re going to make sure that hardworking people can keep more of their money. We’re going to make sure that we have secure borders — not just now, but for generations to come. We’re going to make sure that we have a strong national defense so that our warfighter is the best trained, equipped, and ready across the planet. We’re going to unleash American energy … We want to make sure that these programs are available for the people who need them and we want to make sure that people who are working know that we see them and that they have a great opportunity to achieve the American Dream — and that’s what this bill does.” (Watch)
    “The reforms in this bill are necessary and we’re going to deliver actual solutions to the American people … This bill does No Tax on Tips, it does No Tax on Overtime. Real, hardworking Americans are going to see results from this.” (Watch)

    MIL OSI USA News

  • MIL-OSI Canada: Wednesday, July 16, 2025

    Source: Government of Canada – Prime Minister

    Note: All times local

    Hamilton, Ontario

    10:35 a.m. The Prime Minister will tour a steel manufacturing company and meet with workers.

    Note for media:

    • Pooled photo opportunity

    11:30 a.m. The Prime Minister will make an announcement regarding the steel industry. A media availability will follow.

    Notes for media:

    • Open coverage

    • Media wishing to cover the event are asked to contact media@pmo-cpm.gc.ca to confirm their attendance. Details on how to participate will be provided upon registration.

    1:30 p.m. The Prime Minister will attend a community event with local seniors.

    Note for media:

    • Pooled photo opportunity

    MIL OSI Canada News

  • MIL-OSI USA: Rep. Young Kim Pushes to Boost U.S. Critical Minerals Supply Chain

    Source: United States House of Representatives – Representative Young Kim (CA-39)

    Washington, DC – Following her House Foreign Affairs East Asia & Pacific Subcommittee hearing titled, “Breaking China’s Chokehold on Critical Mineral Supply Chains,” Chairwoman Young Kim (CA-40) joined Ranking Member Ami Bera (CA-06) and Rep. James Moylan of Guam introduced the Minerals Security Partnership (MSP) Authorization Act. 

    The Minerals Security Partnership (MSP) Authorization Act formally authorizes the State Department to coordinate U.S. efforts across the MSP — a coalition of 14 countries and the European Union — to accelerate responsible investment in critical mineral projects around the world. Through diplomatic leadership and interagency coordination with partners like the DFC, USTDA, and EXIM Bank, the bill supports the development of secure, resilient, and sustainable supply chains. 

    “Xi Jinping should not determine whether the United States can obtain critical minerals we need to power technologies that run our lives, from cell phones to defense systems,” said Congresswoman Kim. “The United States must work with our allies to strengthen our critical mineral supply chains and protect our economy and national security from the Chinese Communist Party. The Minerals Security Partnership Authorization Act will allow us to do exactly that.” 

    “Minerals like lithium, cobalt, and rare earth elements are essential to powering our economy, clean energy future, and national defense,” said Representative Bera. “The People’s Republic of China (PRC) currently holds a near-monopoly over many of these supply chains and has shown a willingness to weaponize that control. Securing critical minerals is not just an economic issue — it is a national security imperative. That’s why it is critical that the United States lead efforts like the Minerals Security Partnership to diversify supply chains and strengthen America’s long-term competitiveness.” 

    “This bill strengthens the international and domestic efforts to secure mineral supply chains and relative advanced manufacturing, all of which are critical to our economic needs. These diversified supply chains allow for a stronger partnership between our allies, while significantly reducing outsourcing from adversarial counterparts. By forging a new database that collects information to attract investments, this bill will foster the collaboration between civil and private sectors to prioritize projects aligned with national security and environmental standards,” said Rep. Moylan. “I want to thank Rep. Bera for championing this initiative utilizing the full potential of our mineral wealth to create a clean and domestic circular economy while ensuring these practices adhere to environmental guidelines. Together, we are committed to building a self-sustaining economy with resources found at home to advance essential technology and defense.” 

    This bipartisan bill promotes international cooperation to secure critical mineral supply chains by: 

    • Provide diplomatic leadership within the MSP to identify, prioritize, and support strategic projects through every stage of the critical minerals supply chain — from extraction to processing to deployment in advanced technologies; 
    • Coordinate with partner governments and financial institutions to mobilize responsible investment and reduce dependency on authoritarian regimes; 
    • Engage with producing countries through the MSP Forum to foster transparent, high-standard investment environments; 
    • Promote environmental safeguards, labor protections, and community benefits alongside economic development. 

    Established in 2022, the Minerals Security Partnership has emerged as a key platform for aligning international investment and diplomatic engagement around critical minerals. This bill lays the groundwork for continued U.S. leadership in shaping a more secure and sustainable global minerals landscape. 

    MIL OSI USA News

  • MIL-OSI USA: July 15, 2025 Rep. Mullin Proposes Bill to Help Evaluate Safety of Autonomous Vehicles Washington, D.C. – In response to federal regulators weakening oversight as more driverless cars hit the roads, Rep. Kevin Mullin (CA-15) introduced a bill to require more robust safety data from autonomous vehicle (AV) manufacturers. AVs are already operating in… Read More

    Source: United States House of Representatives – Representative Kevin Mullin California (15th District)

    Washington, D.C. – In response to federal regulators weakening oversight as more driverless cars hit the roads, Rep. Kevin Mullin (CA-15) introduced a bill to require more robust safety data from autonomous vehicle (AV) manufacturers.

    AVs are already operating in numerous states including California, Arizona, Florida, Georgia and Texas, with several manufacturers getting their start in the San Francisco Bay Area where Rep. Mullin’s district is located. Currently, the National Highway Traffic Safety Administration (NHTSA) requires AV companies to report some collision data, but it isn’t required to provide other basic metrics that would help the public to determine how safe they actually are.

    Rep. Mullin’s AV Safety Data Act would help ensure the public is entitled to basic transparency about how many miles driverless cars are traveling and when there are other types of incidents like unplanned stoppages or the blocking of emergency vehicles. Requiring this type of consistent data reporting would help compare safety rates across various manufacturers and help determine whether AVs are safer than human drivers.

    “Every day, people are interacting with AVs in my district – whether they’re hailing a ride or walking across the street as one approaches. The public deserves to know how safe autonomous vehicles actually are and that the federal government is working to ensure we’re protecting people on the road,” Rep. Mullin said. “The technology behind autonomous vehicles is rapidly developing and has the potential to dramatically improve safety on our roads. While there is no doubt AV technology will continue to evolve, we simply will not know if it is getting better without more independent, verifiable data collected at the national level. AV companies that are performing well and prioritizing safety should welcome this basic transparency effort.”

    In addition to codifying NHTSA’s existing collision data reporting requirements in law, the AV Safety Data Act would also require that companies report to NHTSA:

    • The number of miles traveled on public roads
    • AV collisions that result in any injuries to other human drivers, pedestrians or bicyclists
    • Information on unplanned stoppages and any impacts to law enforcement, first responders, or public transit agencies

    Since 2021, over 3,000 crashes have been recorded involving AVs and Level 2 Advanced Driver Assistance Systems, which resulted in 53 fatalities and 303 injuries. Yet earlier this year, NHTSA weakened its AV reporting requirements. Lawmakers have been urging NHTSA to improve its AV safety data collection for years, and Rep. Mullin led several letters calling upon federal regulators to act in 2024 and 2023. While Rep. Mullin supports advancements in the AV industry, his bill seeks to help increase transparency and prioritize public safety on our roads.

    “Autonomous vehicles (AVs) are increasingly on our roadways. Yet, there are no minimum federal safety standards and insufficient data collection, transparency and accountability for advanced driver assistance systems (ADAS) and automated driving systems (ADS). The AV Safety Data Act will enhance reporting requirements for these vehicles,” Cathy Chase, President, Advocates for Highway and Auto Safety. “Robust data is essential to evaluate performance, detect safety defects and inform sound policy. Advocates commends Rep. Kevin Mullin (D-CA) for his safety leadership and innovative thinking to introduce this bill and urges Congress to advance it. Road users, whether as drivers, passengers, pedestrians or bicyclists, deserve this oversight and consumer protection.”

    Read the full bill text here.

    ###

    MIL OSI USA News

  • MIL-OSI: Veritex Holdings, Inc. Announces Date Change for Second Quarter 2025 Earnings Release and Cancellation of Conference Call

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, July 15, 2025 (GLOBE NEWSWIRE) — Veritex Holdings, Inc. (Nasdaq: VBTX), the parent holding company for Veritex Community Bank, today announced a date change for release of its second quarter 2025 earnings results. Veritex will now release its second quarter 2025 earnings results before the opening of the market on Friday, July 18, 2025. The earnings release will be available on Veritex’s website, https://ir.veritexbank.com/.

    Veritex also announced the cancellation of its second quarter 2025 investor conference call that Veritex had announced would occur on Wednesday, July 23, 2025 due to the announcement on July 14, 2025 that Veritex has entered into a definitive agreement to be acquired by Huntington Bancshares Incorporated, subject to regulatory approvals and customary closing conditions. There will be no conference call scheduled this quarter relating to Veritex’s second quarter results.

    About Veritex Holdings, Inc.

    Headquartered in Dallas, Texas, Veritex is a bank holding company that conducts banking activities through its wholly-owned subsidiary, Veritex Community Bank, with locations throughout the Dallas-Fort Worth metroplex and in the Houston metropolitan area. Veritex Community Bank is a Texas state-chartered bank regulated by the Texas Department of Banking and the Board of Governors of the Federal Reserve System. For more information, visit www.veritexbank.com.

    Source: Veritex Holdings, Inc.

    CAUTION REGARDING FORWARD-LOOKING STATEMENTS

    This communication may contain certain forward-looking statements, including, but not limited to, certain plans, expectations, goals, projections, and statements about the benefits of the proposed transaction, the plans, objectives, expectations and intentions of Veritex and Huntington, the expected timing of completion of the transaction, and other statements that are not historical facts and are subject to numerous assumptions, risks, and uncertainties that are beyond the control of Veritex and Huntington. Such statements are subject to numerous assumptions, risks, estimates, uncertainties and other important factors that change over time and could cause actual results to differ materially from any results, performance, or events expressed or implied by such forward-looking statements, including as a result of the factors referenced below. Statements that do not describe historical or current facts, including statements about beliefs and expectations, are forward-looking statements. Forward-looking statements may be identified by words such as expect, anticipate, continue, believe, intend, estimate, plan, trend, objective, target, goal, or similar expressions, or future or conditional verbs such as will, may, might, should, would, could, or similar variations. The forward-looking statements are intended to be subject to the safe harbor provided by Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995.

    Veritex and Huntington caution that the forward-looking statements in this communication are not guarantees of future performance and involve a number of known and unknown risks, uncertainties and assumptions that are difficult to assess and are subject to change based on factors which are, in many instances, beyond Veritex’s and Huntington’s control. While there is no assurance that any list of risks and uncertainties or risk factors is complete, below are certain factors which could cause actual results to differ materially from those contained or implied in the forward-looking statements or historical performance: changes in general economic, political, or industry conditions; deterioration in business and economic conditions, including persistent inflation, supply chain issues or labor shortages, instability in global economic conditions and geopolitical matters, as well as volatility in financial markets; changes in U.S. trade policies, including the imposition of tariffs and retaliatory tariffs; the impact of pandemics and other catastrophic events or disasters on the global economy and financial market conditions and our business, results of operations, and financial condition; the impacts related to or resulting from bank failures and other volatility, including potential increased regulatory requirements and costs, such as FDIC special assessments, long-term debt requirements and heightened capital requirements, and potential impacts to macroeconomic conditions, which could affect the ability of depository institutions, including us, to attract and retain depositors and to borrow or raise capital; unexpected outflows of uninsured deposits which may require us to sell investment securities at a loss; changing interest rates which could negatively impact the value of our portfolio of investment securities; the loss of value of our investment portfolio which could negatively impact market perceptions of us and could lead to deposit withdrawals; the effects of social media on market perceptions of us and banks generally; cybersecurity risks; uncertainty in U.S. fiscal and monetary policy, including the interest rate policies of the Federal Reserve; volatility and disruptions in global capital, foreign exchange and credit markets; movements in interest rates; competitive pressures on product pricing and services; success, impact, and timing of our business strategies, including market acceptance of any new products or services including those implementing our “Fair Play” banking philosophy; changes in policies and standards for regulatory review of bank mergers; the nature, extent, timing, and results of governmental actions, examinations, reviews, reforms, regulations, and interpretations, including those related to the Dodd-Frank Wall Street Reform and Consumer Protection Act and the Basel III regulatory capital reforms, as well as those involving the SEC, OCC, Federal Reserve, FDIC, CFPB and state-level regulators; the occurrence of any event, change or other circumstances that could give rise to the right of one or both of the parties to terminate the merger agreement between Veritex and Huntington; the outcome of any legal proceedings that may be instituted against Veritex and Huntington; delays in completing the transaction; the failure to obtain necessary regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the transaction); the failure to obtain Veritex shareholder approval or to satisfy any of the other conditions to the transaction on a timely basis or at all; the possibility that the anticipated benefits of the transaction are not realized when expected or at all, including as a result of the impact of, or problems arising from, the integration of the two companies or as a result of the strength of the economy and competitive factors in the areas where Veritex and Huntington do business; the possibility that the transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events; diversion of management’s attention from ongoing business operations and opportunities; potential adverse reactions or changes to business, customer or employee relationships, including those resulting from the announcement or completion of the transaction; the ability to complete the transaction and integration of Veritex and Huntington successfully; the dilution caused by Huntington’s issuance of additional shares of its capital stock in connection with the transaction; and other factors that may affect the future results of Veritex and Huntington. Additional factors that could cause results to differ materially from those described above can be found in Veritex’s Annual Report on Form 10-K for the year ended December 31, 2024 and in its subsequent Quarterly Reports on Form 10-Q, including for the quarter ended March 31, 2025, each of which is on file with the SEC and available on Veritex’s investor relations website, ir.veritexbank.com, under the heading “Financials” and in other documents Veritex files with the SEC, and in Huntington’s Annual Report on Form 10-K for the year ended December 31, 2024 and in its subsequent Quarterly Reports on Form 10-Q, including for the quarter ended March 31, 2025, each of which is on file with the Securities and Exchange Commission (the “SEC”) and available in the “Investor Relations” section of Huntington’s website, http://www.huntington.com, under the heading “Investor Relations” and in other documents Huntington files with the SEC.

    All forward-looking statements are expressly qualified in their entirety by the cautionary statements set forth above. Forward-looking statements speak only as of the date they are made and are based on information available at that time. Neither Veritex nor Huntington assume any obligation to update forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in circumstances or other factors affecting forward-looking statements that occur after the date the forward-looking statements were made or to reflect the occurrence of unanticipated events except as required by federal securities laws. If Veritex or Huntington update one or more forward-looking statements, no inference should be drawn that Veritex or Huntington will make additional updates with respect to those or other forward-looking statements. As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements.

    IMPORTANT ADDITIONAL INFORMATION

    In connection with the proposed transaction, Huntington will file with the SEC a Registration Statement on Form S-4 that will include a Proxy Statement of Veritex and a Prospectus of Huntington, as well as other relevant documents concerning the proposed transaction. The proposed transaction involving Huntington and Veritex will be submitted to Veritex’s shareholders for their consideration. This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. INVESTORS AND SHAREHOLDERS OF VERITEX ARE URGED TO READ THE REGISTRATION STATEMENT AND THE PROXY STATEMENT/PROSPECTUS REGARDING THE TRANSACTION WHEN IT BECOMES AVAILABLE AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Shareholders will be able to obtain a free copy of the definitive proxy statement/prospectus, as well as other filings containing information about Huntington and Veritex, without charge, at the SEC’s website (http://www.sec.gov). Copies of the proxy statement/prospectus and the filings with the SEC that will be incorporated by reference in the proxy statement/prospectus can also be obtained, without charge, by directing a request to Huntington Investor Relations, Huntington Bancshares Incorporated, Huntington Center, 41 South High Street, Columbus, Ohio 43287, (800) 576-5007 or to Veritex Investor Relations, Veritex Holdings, Inc., 8214 Westchester Drive, Suite 800, Dallas, Texas 75225, (972) 349-6200.

    PARTICIPANTS IN THE SOLICITATION

    Huntington, Veritex, and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the shareholders of Veritex in connection with the proposed transaction under the rules of the SEC. Information regarding the interests of the directors and executive officers of Huntington and Veritex and other persons who may be deemed to be participants in the solicitation of shareholders of Veritex in connection with the transaction and a description of their direct and indirect interests, by security holdings or otherwise, will be included in the definitive proxy statement/prospectus related to the transaction, which will be filed by Huntington with the SEC. Information regarding Huntington’s directors and executive officers is available in its definitive proxy statement relating to its 2025 Annual Meeting of Shareholders, which was filed with the SEC on March 6, 2025, and other documents filed by Huntington with the SEC. Information regarding Veritex’s directors and executive officers is available in its definitive proxy statement relating to its 2025 Annual Meeting of Shareholders, which was filed with the SEC on April 29, 2025, and other documents filed by Veritex with the SEC. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the proxy statement/prospectus and other relevant materials filed with the SEC. Free copies of this document may be obtained as described above under “Important Additional Information.”

    The MIL Network

  • MIL-OSI USA: Update – Sandoz Inc. Issues Voluntary Nationwide Recall Expansion of One Additional Lot of Cefazolin for Injection Due to Vials Being Potentially Mislabeled as Penicillin G Potassium for Injection

    Source: US Department of Health and Human Services – 3

    Summary

    Company Announcement Date:
    July 15, 2025
    FDA Publish Date:
    July 15, 2025
    Reason for Announcement:

    Recall Reason Description
    Vials incorrectly labelled as Penicillin G Potassium for Injection contain Cefazolin for Injection

    Company Name:
    Sandoz, Inc.
    Brand Name:

    Brand Name(s)
    Sandoz

    Product Description:

    Product Description
    Cefazolin for Injection, USP, 1 gm vial

    Company Announcement
    “This press release is an update to the company’s press release, previously issued on 07/14/2025, to include a new title and additional photos.”
    This is an update to the Company Statement issued on June 27, 2025.
    FOR IMMEDIATE RELEASE – Princeton, NJ – July 15, 2025 – Sandoz, Inc. (“Sandoz”) is initiating a voluntary nationwide recall expansion of one additional lot of Cefazolin for Injection, USP, 1 gram per vial. The lot is being recalled due to a customer complaint indicating that four (4) vials incorrectly labelled as Penicillin G Potassium for Injection, USP, 20 million Units were included in cartons (25 vials per carton) of Cefazolin for Injection, USP 1 gram per vial product. Sandoz has confirmed that the vials incorrectly labelled as Penicillin G Potassium for Injection contain Cefazolin for Injection, USP, 1 gram per vial.
    Risk Statement: There is a reasonable probability that the inadvertent administration of cefazolin injection following dosing recommendation of penicillin G potassium injection due to mislabeling may pose serious and potentially life-threatening adverse health consequences, including lack of efficacy leading to less than optimal treatment of severe infections, antibiotic resistance, adverse reactions, severe allergic reactions (e.g., anaphylaxis), drug interactions, and delayed recovery.
    To date, Sandoz has not received any reports of adverse events or injuries related to the product mislabeling. Sandoz has received a complaint of administration of the incorrectly labelled product to a patient.
    Lots impacted by the voluntary recall and its expansion:

    Product Name 

    Vial NDC 

    Carton NDC 

    Lot Number 

    Expiration Date 

    Manufacturer 

    Distributor 

    Cefazolin for Injection, USP(25 by 1g vials)

    0781-3451-70

    0781-3451-96

    PG4360

    2027-NOV

    Sandoz GmbH

    Sandoz Inc

    Penicillin G Potassium for Injection, USP

    0781-6136-94

    N/A

    PG4360

    2027-NOV

    Sandoz GmbH

    Sandoz Inc

    Cefazolin for Injection, USP(25 by 1g vials)

    0781-3451-70

    0781-3451-96

    PG4362

    2027-NOV

    Sandoz GmbH

    Sandoz Inc

    Penicillin G Potassium for Injection, USP

    0781-6136-94

    N/A

    PG4362

    2027-NOV

    Sandoz GmbH

    Sandoz Inc

    Cefazolin for Injection USP is used for the treatment of infections caused by certain bacteria in many different parts of the body including the treatment of pneumonia. Cefazolin for Injection USP can also be used to prevent infections, before and after surgery. Antibacterial drugs like Cefazolin for Injection USP treat only bacterial infections. They do not treat viral infections. Cefazolin for Injection USP is indicated for adult, elderly, pediatric patients, including newborn term infants.
    Penicillin G Potassium for Injection is indicated in the treatment of certain serious infections including septicemia, skin and wound infections. It is also approved for the treatment of diphtheria, community-acquired pneumonia, peritonitis, meningitis/brain abscesses, osteomyelitis, infections of the genital tract, anthrax, tetanus, gas gangrene, listeriosis, pasteurellosis, rat bite fever, fusospirochetes, actinomycosis, complications in gonorrhea and syphilis and Lyme. To reduce the development of drug-resistant bacteria and maintain effectiveness of Penicillin G Potassium for Injection, USP and other antibacterial drugs, Penicillin G Potassium for Injection, USP should be used only to treat or prevent infections that are proven or strongly suspected to be caused by susceptible bacteria. Penicillin G Potassium for Injection is indicated for use in adults, adolescents, children, pediatric, newborn infants and preterm infants.
    Although both Cefazolin and Penicillin G Potassium belong to the beta-lactam group of antibiotics, they are indicated for different types of infections, and the spectrum of susceptible organisms also differs. Additionally, while the patient populations overlap, each medicine has specific on-label distinct groups, and the dosing regimens may differ, as well.
    Sandoz is notifying its customers by letter and is arranging for return of the recalled product. The product being recalled was shipped to select wholesalers for further distribution nationwide. Healthcare providers and customers who have this product should immediately stop use of this lot only and contact Sedgwick, the Sandoz Reverse Distributor, directly by phone at (844) 265-7409 or by email at Sandoz5615@sedgwick.com.
    For questions about the recall process, please call Sedgwick at (844) 265-7409 between the hours of 8:00 AM to 5:00 PM Monday – Friday (EST).
    Please report any adverse reactions by calling Sandoz at (800) 525-8747. Customer service agents are available from 8:30 AM to 5:00 PM (EST), Monday-Friday, except on national holidays.
    Adverse reactions or quality problems experienced with the use of this product may be reported to the FDA’s MedWatch Adverse Event Reporting program either online, by regular mail, or by fax.

    Complete and submit the report online: www.fda.gov/medwatch/report.htm
    Regular Mail or Fax: Download form www.fda.gov/MedWatch/getforms.htm or call 1-800-332-1088 to request a reporting form, then complete and return to the address on the pre-addressed form or submit by fax to 1-800-FDA-0178.

    This recall is being conducted with the knowledge of the U.S. Food and Drug Administration.
    Note: The photos represent images of Lot PG4360. Potential mislabeling of Lot PG4362 would appear in a similar manner, except for the lot number printed on the packaging, which would read PG4362.
    DISCLAIMERThis Media Release contains forward-looking statements, which offer no guarantee with regard to future performance. These statements are made on the basis of management’s views and assumptions regarding future events and business performance at the time the statements are made. They are subject to risks and uncertainties including, but not confined to, future global economic conditions, exchange rates, legal provisions, market conditions, activities by competitors and other factors outside of the control of Sandoz. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. Each forward-looking statement speaks only as of the date of the particular statement, and Sandoz undertakes no obligation to publicly revise any forward-looking statements, except as required by law.
    ABOUT SANDOZSandoz (SIX: SDZ; OTCQX: SDZNY) is the global leader in generic and biosimilar medicines, with a growth strategy driven by its Purpose: pioneering access for patients. More than 20,000 people of 100 nationalities work together to ensure 900 million patient treatments are provided by Sandoz, generating substantial global healthcare savings and an even larger social impact. Its leading portfolio of approximately 1,300 products addresses diseases from the common cold to cancer. Headquartered in Basel, Switzerland, Sandoz traces its heritage back to 1886. Its history of breakthroughs includes Calcium Sandoz in 1929, the world’s first oral penicillin in 1951, and the world’s first biosimilar in 2006. In 2024, Sandoz recorded net sales of USD 10.4 billion
    Link to Original Press Release

    Company Contact Information

    Media:
    Jeanne LaCour, Vicki Crafton
    1-609-955-2339, 1-201-213-6338

    Product Photos

    MIL OSI USA News

  • MIL-OSI USA: Update – Sandoz Inc. Issues Voluntary Nationwide Recall Expansion of One Additional Lot of Cefazolin for Injection Due to Vials Being Potentially Mislabeled as Penicillin G Potassium for Injection

    Source: US Department of Health and Human Services – 3

    Summary

    Company Announcement Date:
    July 15, 2025
    FDA Publish Date:
    July 15, 2025
    Reason for Announcement:

    Recall Reason Description
    Vials incorrectly labelled as Penicillin G Potassium for Injection contain Cefazolin for Injection

    Company Name:
    Sandoz, Inc.
    Brand Name:

    Brand Name(s)
    Sandoz

    Product Description:

    Product Description
    Cefazolin for Injection, USP, 1 gm vial

    Company Announcement
    “This press release is an update to the company’s press release, previously issued on 07/14/2025, to include a new title and additional photos.”
    This is an update to the Company Statement issued on June 27, 2025.
    FOR IMMEDIATE RELEASE – Princeton, NJ – July 15, 2025 – Sandoz, Inc. (“Sandoz”) is initiating a voluntary nationwide recall expansion of one additional lot of Cefazolin for Injection, USP, 1 gram per vial. The lot is being recalled due to a customer complaint indicating that four (4) vials incorrectly labelled as Penicillin G Potassium for Injection, USP, 20 million Units were included in cartons (25 vials per carton) of Cefazolin for Injection, USP 1 gram per vial product. Sandoz has confirmed that the vials incorrectly labelled as Penicillin G Potassium for Injection contain Cefazolin for Injection, USP, 1 gram per vial.
    Risk Statement: There is a reasonable probability that the inadvertent administration of cefazolin injection following dosing recommendation of penicillin G potassium injection due to mislabeling may pose serious and potentially life-threatening adverse health consequences, including lack of efficacy leading to less than optimal treatment of severe infections, antibiotic resistance, adverse reactions, severe allergic reactions (e.g., anaphylaxis), drug interactions, and delayed recovery.
    To date, Sandoz has not received any reports of adverse events or injuries related to the product mislabeling. Sandoz has received a complaint of administration of the incorrectly labelled product to a patient.
    Lots impacted by the voluntary recall and its expansion:

    Product Name 

    Vial NDC 

    Carton NDC 

    Lot Number 

    Expiration Date 

    Manufacturer 

    Distributor 

    Cefazolin for Injection, USP(25 by 1g vials)

    0781-3451-70

    0781-3451-96

    PG4360

    2027-NOV

    Sandoz GmbH

    Sandoz Inc

    Penicillin G Potassium for Injection, USP

    0781-6136-94

    N/A

    PG4360

    2027-NOV

    Sandoz GmbH

    Sandoz Inc

    Cefazolin for Injection, USP(25 by 1g vials)

    0781-3451-70

    0781-3451-96

    PG4362

    2027-NOV

    Sandoz GmbH

    Sandoz Inc

    Penicillin G Potassium for Injection, USP

    0781-6136-94

    N/A

    PG4362

    2027-NOV

    Sandoz GmbH

    Sandoz Inc

    Cefazolin for Injection USP is used for the treatment of infections caused by certain bacteria in many different parts of the body including the treatment of pneumonia. Cefazolin for Injection USP can also be used to prevent infections, before and after surgery. Antibacterial drugs like Cefazolin for Injection USP treat only bacterial infections. They do not treat viral infections. Cefazolin for Injection USP is indicated for adult, elderly, pediatric patients, including newborn term infants.
    Penicillin G Potassium for Injection is indicated in the treatment of certain serious infections including septicemia, skin and wound infections. It is also approved for the treatment of diphtheria, community-acquired pneumonia, peritonitis, meningitis/brain abscesses, osteomyelitis, infections of the genital tract, anthrax, tetanus, gas gangrene, listeriosis, pasteurellosis, rat bite fever, fusospirochetes, actinomycosis, complications in gonorrhea and syphilis and Lyme. To reduce the development of drug-resistant bacteria and maintain effectiveness of Penicillin G Potassium for Injection, USP and other antibacterial drugs, Penicillin G Potassium for Injection, USP should be used only to treat or prevent infections that are proven or strongly suspected to be caused by susceptible bacteria. Penicillin G Potassium for Injection is indicated for use in adults, adolescents, children, pediatric, newborn infants and preterm infants.
    Although both Cefazolin and Penicillin G Potassium belong to the beta-lactam group of antibiotics, they are indicated for different types of infections, and the spectrum of susceptible organisms also differs. Additionally, while the patient populations overlap, each medicine has specific on-label distinct groups, and the dosing regimens may differ, as well.
    Sandoz is notifying its customers by letter and is arranging for return of the recalled product. The product being recalled was shipped to select wholesalers for further distribution nationwide. Healthcare providers and customers who have this product should immediately stop use of this lot only and contact Sedgwick, the Sandoz Reverse Distributor, directly by phone at (844) 265-7409 or by email at Sandoz5615@sedgwick.com.
    For questions about the recall process, please call Sedgwick at (844) 265-7409 between the hours of 8:00 AM to 5:00 PM Monday – Friday (EST).
    Please report any adverse reactions by calling Sandoz at (800) 525-8747. Customer service agents are available from 8:30 AM to 5:00 PM (EST), Monday-Friday, except on national holidays.
    Adverse reactions or quality problems experienced with the use of this product may be reported to the FDA’s MedWatch Adverse Event Reporting program either online, by regular mail, or by fax.

    Complete and submit the report online: www.fda.gov/medwatch/report.htm
    Regular Mail or Fax: Download form www.fda.gov/MedWatch/getforms.htm or call 1-800-332-1088 to request a reporting form, then complete and return to the address on the pre-addressed form or submit by fax to 1-800-FDA-0178.

    This recall is being conducted with the knowledge of the U.S. Food and Drug Administration.
    Note: The photos represent images of Lot PG4360. Potential mislabeling of Lot PG4362 would appear in a similar manner, except for the lot number printed on the packaging, which would read PG4362.
    DISCLAIMERThis Media Release contains forward-looking statements, which offer no guarantee with regard to future performance. These statements are made on the basis of management’s views and assumptions regarding future events and business performance at the time the statements are made. They are subject to risks and uncertainties including, but not confined to, future global economic conditions, exchange rates, legal provisions, market conditions, activities by competitors and other factors outside of the control of Sandoz. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. Each forward-looking statement speaks only as of the date of the particular statement, and Sandoz undertakes no obligation to publicly revise any forward-looking statements, except as required by law.
    ABOUT SANDOZSandoz (SIX: SDZ; OTCQX: SDZNY) is the global leader in generic and biosimilar medicines, with a growth strategy driven by its Purpose: pioneering access for patients. More than 20,000 people of 100 nationalities work together to ensure 900 million patient treatments are provided by Sandoz, generating substantial global healthcare savings and an even larger social impact. Its leading portfolio of approximately 1,300 products addresses diseases from the common cold to cancer. Headquartered in Basel, Switzerland, Sandoz traces its heritage back to 1886. Its history of breakthroughs includes Calcium Sandoz in 1929, the world’s first oral penicillin in 1951, and the world’s first biosimilar in 2006. In 2024, Sandoz recorded net sales of USD 10.4 billion
    Link to Original Press Release

    Company Contact Information

    Media:
    Jeanne LaCour, Vicki Crafton
    1-609-955-2339, 1-201-213-6338

    Product Photos

    MIL OSI USA News

  • MIL-OSI USA: House Passes Kean’s Bill to Strengthen American Technological Leadership

    Source: US Representative Tom Kean, Jr. (NJ-07)

    (July 15, 2025) WASHINGTON, DC – Yesterday, the House of Representatives passed H.R. 1765, the Promoting United States Wireless Leadership Act, by a voice vote.

    Introduced by Congressman Tom Kean, Jr. (NJ-07), Congresswoman Debbie Dingell (MI-06), Congressman Tim Walberg (MI-05), and Congresswoman Yvette D. Clarke (NY-09), this bipartisan bill strengthens American technological leadership by bringing together key trusted partners and encouraging U.S. participation in international standards-setting for 5G and future generations of wireless communications networks.

    Watch Congressman Kean speak on the House floor in support of the bill HERE.  

    “As the global competition for 5G and wireless technology continues, the United States must lead—not follow,” said Congressman Kean. “This bipartisan bill ensures that it is American innovation, rather than that of our adversaries abroad, which sets the standard for the future of wireless communications. I am thankful to my colleagues in the House for passing this critical legislation to keep the U.S. competitive and at the forefront of global technological leadership.”

    “The policy choices of today will have lasting effects on the global wireless technology development of tomorrow—especially as we compete against China,” said Congresswoman Dingell. “We must take concrete, proactive steps to lower barriers to entry for U.S. companies and promote American competitiveness in this space for each subsequent generation of these innovative technologies. As a Co-Chair of the 5G and Beyond Caucus, I am proud this bipartisan legislation has passed the House, and will continue to work with my colleagues to ensure the United States remains at the forefront of innovation.” 

    “The United States has been a longtime leader in cutting-edge technologies,” said Congressman Walberg.“ As a co-chair of the 5G and Beyond Caucus, I understand how critical it is that the U.S. remains the leading voice in the worldwide development of future wireless communications networks. By establishing clear rules of the road, we can protect against influence by foreign adversaries and ensure that the next generation of connectivity is built with America’s values and economic and security interests in mind. I am pleased to see the House pass this bipartisan legislation to secure our future and strengthen our global competitiveness.” 

    “For America to remain a global leader in the Digital Age, ensuring the continued effectiveness and stability of our 5G networks must be the highest priority,” said Congresswoman Yvette D. Clarke. “Providing standards-setting bodies with the cooperation, support, and assistance they need from the NTIA is a key step to seeing that aspiration become a reality. I am proud to be a leader of this initiative to secure our continued success in deploying 5G technologies and laying the groundwork for the innovation of future generation wireless networks.”

    Additionally, this bill would direct the National Telecommunications and Information Administration to:  

    • Encourage participation by trusted companies and relevant stakeholders   
    • Offer technical assistance to such trusted companies and relevant stakeholders. 

    Full bill text can be found HERE.  

    Congressman Kean serves on the Energy and Commerce Committee’s Subcommittee on Communications and Technology, where he works on issues related to broadband access, telecommunications policy, and emerging technologies. 

    ### 

    MIL OSI USA News

  • MIL-OSI USA: House Passes Kean’s Bill to Strengthen American Technological Leadership

    Source: US Representative Tom Kean, Jr. (NJ-07)

    (July 15, 2025) WASHINGTON, DC – Yesterday, the House of Representatives passed H.R. 1765, the Promoting United States Wireless Leadership Act, by a voice vote.

    Introduced by Congressman Tom Kean, Jr. (NJ-07), Congresswoman Debbie Dingell (MI-06), Congressman Tim Walberg (MI-05), and Congresswoman Yvette D. Clarke (NY-09), this bipartisan bill strengthens American technological leadership by bringing together key trusted partners and encouraging U.S. participation in international standards-setting for 5G and future generations of wireless communications networks.

    Watch Congressman Kean speak on the House floor in support of the bill HERE.  

    “As the global competition for 5G and wireless technology continues, the United States must lead—not follow,” said Congressman Kean. “This bipartisan bill ensures that it is American innovation, rather than that of our adversaries abroad, which sets the standard for the future of wireless communications. I am thankful to my colleagues in the House for passing this critical legislation to keep the U.S. competitive and at the forefront of global technological leadership.”

    “The policy choices of today will have lasting effects on the global wireless technology development of tomorrow—especially as we compete against China,” said Congresswoman Dingell. “We must take concrete, proactive steps to lower barriers to entry for U.S. companies and promote American competitiveness in this space for each subsequent generation of these innovative technologies. As a Co-Chair of the 5G and Beyond Caucus, I am proud this bipartisan legislation has passed the House, and will continue to work with my colleagues to ensure the United States remains at the forefront of innovation.” 

    “The United States has been a longtime leader in cutting-edge technologies,” said Congressman Walberg.“ As a co-chair of the 5G and Beyond Caucus, I understand how critical it is that the U.S. remains the leading voice in the worldwide development of future wireless communications networks. By establishing clear rules of the road, we can protect against influence by foreign adversaries and ensure that the next generation of connectivity is built with America’s values and economic and security interests in mind. I am pleased to see the House pass this bipartisan legislation to secure our future and strengthen our global competitiveness.” 

    “For America to remain a global leader in the Digital Age, ensuring the continued effectiveness and stability of our 5G networks must be the highest priority,” said Congresswoman Yvette D. Clarke. “Providing standards-setting bodies with the cooperation, support, and assistance they need from the NTIA is a key step to seeing that aspiration become a reality. I am proud to be a leader of this initiative to secure our continued success in deploying 5G technologies and laying the groundwork for the innovation of future generation wireless networks.”

    Additionally, this bill would direct the National Telecommunications and Information Administration to:  

    • Encourage participation by trusted companies and relevant stakeholders   
    • Offer technical assistance to such trusted companies and relevant stakeholders. 

    Full bill text can be found HERE.  

    Congressman Kean serves on the Energy and Commerce Committee’s Subcommittee on Communications and Technology, where he works on issues related to broadband access, telecommunications policy, and emerging technologies. 

    ### 

    MIL OSI USA News

  • MIL-OSI USA: House Passes Kean’s Bill to Strengthen American Technological Leadership

    Source: US Representative Tom Kean, Jr. (NJ-07)

    (July 15, 2025) WASHINGTON, DC – Yesterday, the House of Representatives passed H.R. 1765, the Promoting United States Wireless Leadership Act, by a voice vote.

    Introduced by Congressman Tom Kean, Jr. (NJ-07), Congresswoman Debbie Dingell (MI-06), Congressman Tim Walberg (MI-05), and Congresswoman Yvette D. Clarke (NY-09), this bipartisan bill strengthens American technological leadership by bringing together key trusted partners and encouraging U.S. participation in international standards-setting for 5G and future generations of wireless communications networks.

    Watch Congressman Kean speak on the House floor in support of the bill HERE.  

    “As the global competition for 5G and wireless technology continues, the United States must lead—not follow,” said Congressman Kean. “This bipartisan bill ensures that it is American innovation, rather than that of our adversaries abroad, which sets the standard for the future of wireless communications. I am thankful to my colleagues in the House for passing this critical legislation to keep the U.S. competitive and at the forefront of global technological leadership.”

    “The policy choices of today will have lasting effects on the global wireless technology development of tomorrow—especially as we compete against China,” said Congresswoman Dingell. “We must take concrete, proactive steps to lower barriers to entry for U.S. companies and promote American competitiveness in this space for each subsequent generation of these innovative technologies. As a Co-Chair of the 5G and Beyond Caucus, I am proud this bipartisan legislation has passed the House, and will continue to work with my colleagues to ensure the United States remains at the forefront of innovation.” 

    “The United States has been a longtime leader in cutting-edge technologies,” said Congressman Walberg.“ As a co-chair of the 5G and Beyond Caucus, I understand how critical it is that the U.S. remains the leading voice in the worldwide development of future wireless communications networks. By establishing clear rules of the road, we can protect against influence by foreign adversaries and ensure that the next generation of connectivity is built with America’s values and economic and security interests in mind. I am pleased to see the House pass this bipartisan legislation to secure our future and strengthen our global competitiveness.” 

    “For America to remain a global leader in the Digital Age, ensuring the continued effectiveness and stability of our 5G networks must be the highest priority,” said Congresswoman Yvette D. Clarke. “Providing standards-setting bodies with the cooperation, support, and assistance they need from the NTIA is a key step to seeing that aspiration become a reality. I am proud to be a leader of this initiative to secure our continued success in deploying 5G technologies and laying the groundwork for the innovation of future generation wireless networks.”

    Additionally, this bill would direct the National Telecommunications and Information Administration to:  

    • Encourage participation by trusted companies and relevant stakeholders   
    • Offer technical assistance to such trusted companies and relevant stakeholders. 

    Full bill text can be found HERE.  

    Congressman Kean serves on the Energy and Commerce Committee’s Subcommittee on Communications and Technology, where he works on issues related to broadband access, telecommunications policy, and emerging technologies. 

    ### 

    MIL OSI USA News

  • MIL-OSI USA: House Passes Kean’s Bill to Strengthen American Technological Leadership

    Source: US Representative Tom Kean, Jr. (NJ-07)

    (July 15, 2025) WASHINGTON, DC – Yesterday, the House of Representatives passed H.R. 1765, the Promoting United States Wireless Leadership Act, by a voice vote.

    Introduced by Congressman Tom Kean, Jr. (NJ-07), Congresswoman Debbie Dingell (MI-06), Congressman Tim Walberg (MI-05), and Congresswoman Yvette D. Clarke (NY-09), this bipartisan bill strengthens American technological leadership by bringing together key trusted partners and encouraging U.S. participation in international standards-setting for 5G and future generations of wireless communications networks.

    Watch Congressman Kean speak on the House floor in support of the bill HERE.  

    “As the global competition for 5G and wireless technology continues, the United States must lead—not follow,” said Congressman Kean. “This bipartisan bill ensures that it is American innovation, rather than that of our adversaries abroad, which sets the standard for the future of wireless communications. I am thankful to my colleagues in the House for passing this critical legislation to keep the U.S. competitive and at the forefront of global technological leadership.”

    “The policy choices of today will have lasting effects on the global wireless technology development of tomorrow—especially as we compete against China,” said Congresswoman Dingell. “We must take concrete, proactive steps to lower barriers to entry for U.S. companies and promote American competitiveness in this space for each subsequent generation of these innovative technologies. As a Co-Chair of the 5G and Beyond Caucus, I am proud this bipartisan legislation has passed the House, and will continue to work with my colleagues to ensure the United States remains at the forefront of innovation.” 

    “The United States has been a longtime leader in cutting-edge technologies,” said Congressman Walberg.“ As a co-chair of the 5G and Beyond Caucus, I understand how critical it is that the U.S. remains the leading voice in the worldwide development of future wireless communications networks. By establishing clear rules of the road, we can protect against influence by foreign adversaries and ensure that the next generation of connectivity is built with America’s values and economic and security interests in mind. I am pleased to see the House pass this bipartisan legislation to secure our future and strengthen our global competitiveness.” 

    “For America to remain a global leader in the Digital Age, ensuring the continued effectiveness and stability of our 5G networks must be the highest priority,” said Congresswoman Yvette D. Clarke. “Providing standards-setting bodies with the cooperation, support, and assistance they need from the NTIA is a key step to seeing that aspiration become a reality. I am proud to be a leader of this initiative to secure our continued success in deploying 5G technologies and laying the groundwork for the innovation of future generation wireless networks.”

    Additionally, this bill would direct the National Telecommunications and Information Administration to:  

    • Encourage participation by trusted companies and relevant stakeholders   
    • Offer technical assistance to such trusted companies and relevant stakeholders. 

    Full bill text can be found HERE.  

    Congressman Kean serves on the Energy and Commerce Committee’s Subcommittee on Communications and Technology, where he works on issues related to broadband access, telecommunications policy, and emerging technologies. 

    ### 

    MIL OSI USA News

  • MIL-OSI USA: House Passes Kean’s Bill to Strengthen American Technological Leadership

    Source: US Representative Tom Kean, Jr. (NJ-07)

    (July 15, 2025) WASHINGTON, DC – Yesterday, the House of Representatives passed H.R. 1765, the Promoting United States Wireless Leadership Act, by a voice vote.

    Introduced by Congressman Tom Kean, Jr. (NJ-07), Congresswoman Debbie Dingell (MI-06), Congressman Tim Walberg (MI-05), and Congresswoman Yvette D. Clarke (NY-09), this bipartisan bill strengthens American technological leadership by bringing together key trusted partners and encouraging U.S. participation in international standards-setting for 5G and future generations of wireless communications networks.

    Watch Congressman Kean speak on the House floor in support of the bill HERE.  

    “As the global competition for 5G and wireless technology continues, the United States must lead—not follow,” said Congressman Kean. “This bipartisan bill ensures that it is American innovation, rather than that of our adversaries abroad, which sets the standard for the future of wireless communications. I am thankful to my colleagues in the House for passing this critical legislation to keep the U.S. competitive and at the forefront of global technological leadership.”

    “The policy choices of today will have lasting effects on the global wireless technology development of tomorrow—especially as we compete against China,” said Congresswoman Dingell. “We must take concrete, proactive steps to lower barriers to entry for U.S. companies and promote American competitiveness in this space for each subsequent generation of these innovative technologies. As a Co-Chair of the 5G and Beyond Caucus, I am proud this bipartisan legislation has passed the House, and will continue to work with my colleagues to ensure the United States remains at the forefront of innovation.” 

    “The United States has been a longtime leader in cutting-edge technologies,” said Congressman Walberg.“ As a co-chair of the 5G and Beyond Caucus, I understand how critical it is that the U.S. remains the leading voice in the worldwide development of future wireless communications networks. By establishing clear rules of the road, we can protect against influence by foreign adversaries and ensure that the next generation of connectivity is built with America’s values and economic and security interests in mind. I am pleased to see the House pass this bipartisan legislation to secure our future and strengthen our global competitiveness.” 

    “For America to remain a global leader in the Digital Age, ensuring the continued effectiveness and stability of our 5G networks must be the highest priority,” said Congresswoman Yvette D. Clarke. “Providing standards-setting bodies with the cooperation, support, and assistance they need from the NTIA is a key step to seeing that aspiration become a reality. I am proud to be a leader of this initiative to secure our continued success in deploying 5G technologies and laying the groundwork for the innovation of future generation wireless networks.”

    Additionally, this bill would direct the National Telecommunications and Information Administration to:  

    • Encourage participation by trusted companies and relevant stakeholders   
    • Offer technical assistance to such trusted companies and relevant stakeholders. 

    Full bill text can be found HERE.  

    Congressman Kean serves on the Energy and Commerce Committee’s Subcommittee on Communications and Technology, where he works on issues related to broadband access, telecommunications policy, and emerging technologies. 

    ### 

    MIL OSI USA News

  • MIL-OSI USA: ICE New York investigation, alongside partners, leads to extradition of United Kingdom citizen to face charges in $99 million wine fraud

    Source: US Immigration and Customs Enforcement

    NEW YORK – An investigation by ICE Homeland Security Investigations New York, in coordination with federal partners, has resulted in the extradition of a United Kingdom citizen to face charges related to an alleged $99 million wine fraud scheme. James Wellesley, age 56, was arraigned following his extradition from the UK, where he was arrested in 2022.

    In 2022, Wellesley, along with his co-defendant Stephen Burton, were charged with wire fraud conspiracy, wire fraud, and money laundering conspiracy in connection with a scheme perpetrated through Bordeaux Cellars, a company he and Burton operated.

    HSI New York Special Agent in Charge Ricky J. Patel, United States Attorney for the Eastern District of New York Joseph Nocella, Jr., and Assistant Director in Charge, FBI New York Field Office Christopher G. Raia, announced Wellesley’s arraignment.

    “James Wellesley and his co-conspirator are accused of masterminding their nearly $100 million international fraud scheme that exploited the unsuspecting public, including New Yorkers, for their own selfish enrichment. As alleged, the defendants claimed Bordeaux Cellars boasted a high-value wine stockpile and a clientele of ‘high-net-worth wine collectors’ – and in turn profited handsomely – all while they swindled investors out of hundreds of thousands of dollars, if not more,” stated HSI New York Special Agent in Charge Patel. “Let it be known, regardless of the nature of the transnational criminal scheme, HSI New York, alongside our law enforcement partners, will continue to adapt and evolve to fight global and domestic financial crimes wherever and whenever possible.”

    “Today’s arraignment sends a message to all perpetrators of global fraud schemes that my office will work tirelessly to ensure they answer for crimes committed in the U.S,” stated U.S. Attorney Nocella. “We will not rest in our efforts to seek justice for victims of fraud.”

    “James Wellesley and his business partner allegedly concocted an elaborate scheme defrauding investors out of millions of dollars to finance their own personal expenses. Their alleged deceit spread across years and continents,” stated FBI New York Assistant Director in Charge Raia. “Today’s arraignment signals to all criminals that the FBI will practice the same resolve in bringing perpetrators to justice.”

    Wellesley was ordered detained pending trial. Burton, 58, was extradited from Morocco in 2023 and is currently pending trial.

    The indictment alleges that from at least June 2017 and continuing through February of 2019, the defendants posed as executives of Bordeaux Cellars. The defendants solicited investors, including residents of the Eastern District of New York, at, among other places, investor conferences held in the U.S. and overseas. The defendants claimed to investors that Bordeaux Cellars brokered loans between investors and high-net-worth wine collectors that would be fully collateralized by high-value collections of wine.

    The defendants promised that investors would receive regular interest payments from the borrowers, and that Bordeaux Cellars would keep custody of the wine, securing the loans while the loans were outstanding. As alleged, these representations were lies, the “high-net-worth wine collectors” did not actually exist, and Bordeaux Cellars did not maintain custody of the wine purportedly securing the loans. Instead, the defendants used incoming loan proceeds to make fraudulent interest payments to investors and for their own personal expenses, resulting in $99 million dollars’ worth of misdirected funds.

    The charges in the indictment are allegations, and the defendants are presumed innocent unless and until proven guilty. If convicted, the defendants face up to 20 years in prison.

    MIL OSI USA News

  • MIL-OSI USA: ICE New York investigation, alongside partners, leads to extradition of United Kingdom citizen to face charges in $99 million wine fraud

    Source: US Immigration and Customs Enforcement

    NEW YORK – An investigation by ICE Homeland Security Investigations New York, in coordination with federal partners, has resulted in the extradition of a United Kingdom citizen to face charges related to an alleged $99 million wine fraud scheme. James Wellesley, age 56, was arraigned following his extradition from the UK, where he was arrested in 2022.

    In 2022, Wellesley, along with his co-defendant Stephen Burton, were charged with wire fraud conspiracy, wire fraud, and money laundering conspiracy in connection with a scheme perpetrated through Bordeaux Cellars, a company he and Burton operated.

    HSI New York Special Agent in Charge Ricky J. Patel, United States Attorney for the Eastern District of New York Joseph Nocella, Jr., and Assistant Director in Charge, FBI New York Field Office Christopher G. Raia, announced Wellesley’s arraignment.

    “James Wellesley and his co-conspirator are accused of masterminding their nearly $100 million international fraud scheme that exploited the unsuspecting public, including New Yorkers, for their own selfish enrichment. As alleged, the defendants claimed Bordeaux Cellars boasted a high-value wine stockpile and a clientele of ‘high-net-worth wine collectors’ – and in turn profited handsomely – all while they swindled investors out of hundreds of thousands of dollars, if not more,” stated HSI New York Special Agent in Charge Patel. “Let it be known, regardless of the nature of the transnational criminal scheme, HSI New York, alongside our law enforcement partners, will continue to adapt and evolve to fight global and domestic financial crimes wherever and whenever possible.”

    “Today’s arraignment sends a message to all perpetrators of global fraud schemes that my office will work tirelessly to ensure they answer for crimes committed in the U.S,” stated U.S. Attorney Nocella. “We will not rest in our efforts to seek justice for victims of fraud.”

    “James Wellesley and his business partner allegedly concocted an elaborate scheme defrauding investors out of millions of dollars to finance their own personal expenses. Their alleged deceit spread across years and continents,” stated FBI New York Assistant Director in Charge Raia. “Today’s arraignment signals to all criminals that the FBI will practice the same resolve in bringing perpetrators to justice.”

    Wellesley was ordered detained pending trial. Burton, 58, was extradited from Morocco in 2023 and is currently pending trial.

    The indictment alleges that from at least June 2017 and continuing through February of 2019, the defendants posed as executives of Bordeaux Cellars. The defendants solicited investors, including residents of the Eastern District of New York, at, among other places, investor conferences held in the U.S. and overseas. The defendants claimed to investors that Bordeaux Cellars brokered loans between investors and high-net-worth wine collectors that would be fully collateralized by high-value collections of wine.

    The defendants promised that investors would receive regular interest payments from the borrowers, and that Bordeaux Cellars would keep custody of the wine, securing the loans while the loans were outstanding. As alleged, these representations were lies, the “high-net-worth wine collectors” did not actually exist, and Bordeaux Cellars did not maintain custody of the wine purportedly securing the loans. Instead, the defendants used incoming loan proceeds to make fraudulent interest payments to investors and for their own personal expenses, resulting in $99 million dollars’ worth of misdirected funds.

    The charges in the indictment are allegations, and the defendants are presumed innocent unless and until proven guilty. If convicted, the defendants face up to 20 years in prison.

    MIL OSI USA News

  • MIL-OSI USA: ICE New York investigation, alongside partners, leads to extradition of United Kingdom citizen to face charges in $99 million wine fraud

    Source: US Immigration and Customs Enforcement

    NEW YORK – An investigation by ICE Homeland Security Investigations New York, in coordination with federal partners, has resulted in the extradition of a United Kingdom citizen to face charges related to an alleged $99 million wine fraud scheme. James Wellesley, age 56, was arraigned following his extradition from the UK, where he was arrested in 2022.

    In 2022, Wellesley, along with his co-defendant Stephen Burton, were charged with wire fraud conspiracy, wire fraud, and money laundering conspiracy in connection with a scheme perpetrated through Bordeaux Cellars, a company he and Burton operated.

    HSI New York Special Agent in Charge Ricky J. Patel, United States Attorney for the Eastern District of New York Joseph Nocella, Jr., and Assistant Director in Charge, FBI New York Field Office Christopher G. Raia, announced Wellesley’s arraignment.

    “James Wellesley and his co-conspirator are accused of masterminding their nearly $100 million international fraud scheme that exploited the unsuspecting public, including New Yorkers, for their own selfish enrichment. As alleged, the defendants claimed Bordeaux Cellars boasted a high-value wine stockpile and a clientele of ‘high-net-worth wine collectors’ – and in turn profited handsomely – all while they swindled investors out of hundreds of thousands of dollars, if not more,” stated HSI New York Special Agent in Charge Patel. “Let it be known, regardless of the nature of the transnational criminal scheme, HSI New York, alongside our law enforcement partners, will continue to adapt and evolve to fight global and domestic financial crimes wherever and whenever possible.”

    “Today’s arraignment sends a message to all perpetrators of global fraud schemes that my office will work tirelessly to ensure they answer for crimes committed in the U.S,” stated U.S. Attorney Nocella. “We will not rest in our efforts to seek justice for victims of fraud.”

    “James Wellesley and his business partner allegedly concocted an elaborate scheme defrauding investors out of millions of dollars to finance their own personal expenses. Their alleged deceit spread across years and continents,” stated FBI New York Assistant Director in Charge Raia. “Today’s arraignment signals to all criminals that the FBI will practice the same resolve in bringing perpetrators to justice.”

    Wellesley was ordered detained pending trial. Burton, 58, was extradited from Morocco in 2023 and is currently pending trial.

    The indictment alleges that from at least June 2017 and continuing through February of 2019, the defendants posed as executives of Bordeaux Cellars. The defendants solicited investors, including residents of the Eastern District of New York, at, among other places, investor conferences held in the U.S. and overseas. The defendants claimed to investors that Bordeaux Cellars brokered loans between investors and high-net-worth wine collectors that would be fully collateralized by high-value collections of wine.

    The defendants promised that investors would receive regular interest payments from the borrowers, and that Bordeaux Cellars would keep custody of the wine, securing the loans while the loans were outstanding. As alleged, these representations were lies, the “high-net-worth wine collectors” did not actually exist, and Bordeaux Cellars did not maintain custody of the wine purportedly securing the loans. Instead, the defendants used incoming loan proceeds to make fraudulent interest payments to investors and for their own personal expenses, resulting in $99 million dollars’ worth of misdirected funds.

    The charges in the indictment are allegations, and the defendants are presumed innocent unless and until proven guilty. If convicted, the defendants face up to 20 years in prison.

    MIL OSI USA News

  • MIL-OSI USA: Four weeks of major work on northbound I-5 Ship Canal Bridge begins with a weekend-long mainline closure July 18-21

    Source: Washington State News 2

    Express lanes will be northbound only during summer 2025 work 

    SEATTLE – The long-anticipated major work to revive the Interstate 5 Ship Canal Bridge will kick off with a weekend-long closure of northbound I-5 in Seattle Friday night, July 18 through early Monday morning, July 21. Following the closure, the freeway will be reduced to two lanes for four weeks northbound across the bridge, as Washington State Department of Transportation contractors work on one of Seattle’s busiest corridors. 

    ”We’ve been planning and preparing for this work for over a year,” said Brian Nielsen, WSDOT’s region administrator with oversight for King County. “This is one of the most important and challenging preservation projects in the state. We know it will disrupt travel, but the repairs are essential to extend the life of one of the region’s busiest and most vital transportation links. Our team has worked closely with city, regional and transit partners to reduce the effects as much as possible and keep people moving.”

    Crews will use the four-week work window to repave and repair portions of the bridge’s two left lanes and continue replacing stormwater drains. Later this year, weekend lane reductions will begin on southbound I-5 to prepare for future phases of the project.

    What to expect

    • Friday night, July 18 to Monday morning, July 21: Northbound I-5 closed from near the I-90 interchange to Northeast 45th Street.
    • Monday, July 21 to Friday night, Aug. 15: Northbound I-5 reduced to two lanes across the Ship Canal Bridge.
    • Friday, Aug. 15 to Monday morning, Aug. 18: Northbound I-5 closed from near the I-90 interchange to Northeast 45th Street.
    • Monday morning, Aug. 18: All lanes of northbound I-5 reopen.

    The express lanes will operate northbound only around the clock during summer construction. 

    Throughout the weekend, people traveling on northbound I-5 who are going to downtown Seattle should use the exits to Edgar Martinez Drive or to Dearborn, James or Madison streets. 

    The express lanes have no northbound exits to downtown Seattle; the first exit is at Northeast 42nd Street in the University District. Express lane on-ramps at Columbia, Cherry and Pine streets will be open to all vehicles throughout the weekend. Those ramps usually are reserved for high-occupancy vehicles.

    When the northbound I-5 mainline reopens by 5 a.m. Monday, July 21, the freeway will be reduced to two lanes near the Ship Canal Bridge until the evening of Friday, Aug. 15, when the second weekend-long closure will occur to remove the work zone.

    Regional coordination

    Reducing capacity on I-5 through the heart of Seattle is a big shift. WSDOT has worked closely with the city of Seattle and SDOT, King County Metro, Sound Transit, emergency services and freight partners to prepare for this summer’s construction. Together, partners have adjusted signal timing, expanded bus-only lanes, modified transit routes and developed contingency plans to help people navigate to and through Seattle during construction. 

    WSDOT has also collaborated with organizations like the Downtown Seattle Association, Seattle Metropolitan Chamber of Commerce and Commute Seattle. These groups play an important role in helping people who live and work in Seattle, as well as those attending events, fairs and festivals, navigate the city and continue to enjoy everything downtown has to offer while Ship Canal Bridge construction is underway. 

    While this level of construction brings challenges, this work is critical and planning ahead can help ease disruptions. People should allow extra travel time, utilize transit and alternate routes and adjust travel schedules when possible. Real time traffic tools and route planning can make a major difference during this work. 

    A glimpse ahead to 2026 and 2027

    Construction this year is a preview of long-term lane reductions planned for 2026 and 2027, when one direction of the bridge each year will be reduced to two lanes for eight to nine months. Work will pause during the 2026 FIFA World Cup, when all lanes of the bridge will be open in both directions.

    In winter 2026, the northbound Ship Canal Bridge will be reduced to two lanes until early June, just prior to World Cup matches in Seattle and Vancouver. Contractor crews will remove the work zone and reopen all lanes throughout the tournament.

    In mid-July, after the conclusion of the tournament, the contractor will close the northbound two right lanes until fall to repair and repave them.

    The work will shift to southbound I-5 in 2027, with crews working on the two left lanes from winter into summer, then the right lanes through the fall.

    Real-time travel information is available from the WSDOT mobile app, the WSDOT Travel Center Map or by signing up for WSDOT’s email updates. 

    MIL OSI USA News

  • MIL-OSI USA: Four weeks of major work on northbound I-5 Ship Canal Bridge begins with a weekend-long mainline closure July 18-21

    Source: Washington State News 2

    Express lanes will be northbound only during summer 2025 work 

    SEATTLE – The long-anticipated major work to revive the Interstate 5 Ship Canal Bridge will kick off with a weekend-long closure of northbound I-5 in Seattle Friday night, July 18 through early Monday morning, July 21. Following the closure, the freeway will be reduced to two lanes for four weeks northbound across the bridge, as Washington State Department of Transportation contractors work on one of Seattle’s busiest corridors. 

    ”We’ve been planning and preparing for this work for over a year,” said Brian Nielsen, WSDOT’s region administrator with oversight for King County. “This is one of the most important and challenging preservation projects in the state. We know it will disrupt travel, but the repairs are essential to extend the life of one of the region’s busiest and most vital transportation links. Our team has worked closely with city, regional and transit partners to reduce the effects as much as possible and keep people moving.”

    Crews will use the four-week work window to repave and repair portions of the bridge’s two left lanes and continue replacing stormwater drains. Later this year, weekend lane reductions will begin on southbound I-5 to prepare for future phases of the project.

    What to expect

    • Friday night, July 18 to Monday morning, July 21: Northbound I-5 closed from near the I-90 interchange to Northeast 45th Street.
    • Monday, July 21 to Friday night, Aug. 15: Northbound I-5 reduced to two lanes across the Ship Canal Bridge.
    • Friday, Aug. 15 to Monday morning, Aug. 18: Northbound I-5 closed from near the I-90 interchange to Northeast 45th Street.
    • Monday morning, Aug. 18: All lanes of northbound I-5 reopen.

    The express lanes will operate northbound only around the clock during summer construction. 

    Throughout the weekend, people traveling on northbound I-5 who are going to downtown Seattle should use the exits to Edgar Martinez Drive or to Dearborn, James or Madison streets. 

    The express lanes have no northbound exits to downtown Seattle; the first exit is at Northeast 42nd Street in the University District. Express lane on-ramps at Columbia, Cherry and Pine streets will be open to all vehicles throughout the weekend. Those ramps usually are reserved for high-occupancy vehicles.

    When the northbound I-5 mainline reopens by 5 a.m. Monday, July 21, the freeway will be reduced to two lanes near the Ship Canal Bridge until the evening of Friday, Aug. 15, when the second weekend-long closure will occur to remove the work zone.

    Regional coordination

    Reducing capacity on I-5 through the heart of Seattle is a big shift. WSDOT has worked closely with the city of Seattle and SDOT, King County Metro, Sound Transit, emergency services and freight partners to prepare for this summer’s construction. Together, partners have adjusted signal timing, expanded bus-only lanes, modified transit routes and developed contingency plans to help people navigate to and through Seattle during construction. 

    WSDOT has also collaborated with organizations like the Downtown Seattle Association, Seattle Metropolitan Chamber of Commerce and Commute Seattle. These groups play an important role in helping people who live and work in Seattle, as well as those attending events, fairs and festivals, navigate the city and continue to enjoy everything downtown has to offer while Ship Canal Bridge construction is underway. 

    While this level of construction brings challenges, this work is critical and planning ahead can help ease disruptions. People should allow extra travel time, utilize transit and alternate routes and adjust travel schedules when possible. Real time traffic tools and route planning can make a major difference during this work. 

    A glimpse ahead to 2026 and 2027

    Construction this year is a preview of long-term lane reductions planned for 2026 and 2027, when one direction of the bridge each year will be reduced to two lanes for eight to nine months. Work will pause during the 2026 FIFA World Cup, when all lanes of the bridge will be open in both directions.

    In winter 2026, the northbound Ship Canal Bridge will be reduced to two lanes until early June, just prior to World Cup matches in Seattle and Vancouver. Contractor crews will remove the work zone and reopen all lanes throughout the tournament.

    In mid-July, after the conclusion of the tournament, the contractor will close the northbound two right lanes until fall to repair and repave them.

    The work will shift to southbound I-5 in 2027, with crews working on the two left lanes from winter into summer, then the right lanes through the fall.

    Real-time travel information is available from the WSDOT mobile app, the WSDOT Travel Center Map or by signing up for WSDOT’s email updates. 

    MIL OSI USA News

  • MIL-OSI USA: Four weeks of major work on northbound I-5 Ship Canal Bridge begins with a weekend-long mainline closure July 18-21

    Source: Washington State News 2

    Express lanes will be northbound only during summer 2025 work 

    SEATTLE – The long-anticipated major work to revive the Interstate 5 Ship Canal Bridge will kick off with a weekend-long closure of northbound I-5 in Seattle Friday night, July 18 through early Monday morning, July 21. Following the closure, the freeway will be reduced to two lanes for four weeks northbound across the bridge, as Washington State Department of Transportation contractors work on one of Seattle’s busiest corridors. 

    ”We’ve been planning and preparing for this work for over a year,” said Brian Nielsen, WSDOT’s region administrator with oversight for King County. “This is one of the most important and challenging preservation projects in the state. We know it will disrupt travel, but the repairs are essential to extend the life of one of the region’s busiest and most vital transportation links. Our team has worked closely with city, regional and transit partners to reduce the effects as much as possible and keep people moving.”

    Crews will use the four-week work window to repave and repair portions of the bridge’s two left lanes and continue replacing stormwater drains. Later this year, weekend lane reductions will begin on southbound I-5 to prepare for future phases of the project.

    What to expect

    • Friday night, July 18 to Monday morning, July 21: Northbound I-5 closed from near the I-90 interchange to Northeast 45th Street.
    • Monday, July 21 to Friday night, Aug. 15: Northbound I-5 reduced to two lanes across the Ship Canal Bridge.
    • Friday, Aug. 15 to Monday morning, Aug. 18: Northbound I-5 closed from near the I-90 interchange to Northeast 45th Street.
    • Monday morning, Aug. 18: All lanes of northbound I-5 reopen.

    The express lanes will operate northbound only around the clock during summer construction. 

    Throughout the weekend, people traveling on northbound I-5 who are going to downtown Seattle should use the exits to Edgar Martinez Drive or to Dearborn, James or Madison streets. 

    The express lanes have no northbound exits to downtown Seattle; the first exit is at Northeast 42nd Street in the University District. Express lane on-ramps at Columbia, Cherry and Pine streets will be open to all vehicles throughout the weekend. Those ramps usually are reserved for high-occupancy vehicles.

    When the northbound I-5 mainline reopens by 5 a.m. Monday, July 21, the freeway will be reduced to two lanes near the Ship Canal Bridge until the evening of Friday, Aug. 15, when the second weekend-long closure will occur to remove the work zone.

    Regional coordination

    Reducing capacity on I-5 through the heart of Seattle is a big shift. WSDOT has worked closely with the city of Seattle and SDOT, King County Metro, Sound Transit, emergency services and freight partners to prepare for this summer’s construction. Together, partners have adjusted signal timing, expanded bus-only lanes, modified transit routes and developed contingency plans to help people navigate to and through Seattle during construction. 

    WSDOT has also collaborated with organizations like the Downtown Seattle Association, Seattle Metropolitan Chamber of Commerce and Commute Seattle. These groups play an important role in helping people who live and work in Seattle, as well as those attending events, fairs and festivals, navigate the city and continue to enjoy everything downtown has to offer while Ship Canal Bridge construction is underway. 

    While this level of construction brings challenges, this work is critical and planning ahead can help ease disruptions. People should allow extra travel time, utilize transit and alternate routes and adjust travel schedules when possible. Real time traffic tools and route planning can make a major difference during this work. 

    A glimpse ahead to 2026 and 2027

    Construction this year is a preview of long-term lane reductions planned for 2026 and 2027, when one direction of the bridge each year will be reduced to two lanes for eight to nine months. Work will pause during the 2026 FIFA World Cup, when all lanes of the bridge will be open in both directions.

    In winter 2026, the northbound Ship Canal Bridge will be reduced to two lanes until early June, just prior to World Cup matches in Seattle and Vancouver. Contractor crews will remove the work zone and reopen all lanes throughout the tournament.

    In mid-July, after the conclusion of the tournament, the contractor will close the northbound two right lanes until fall to repair and repave them.

    The work will shift to southbound I-5 in 2027, with crews working on the two left lanes from winter into summer, then the right lanes through the fall.

    Real-time travel information is available from the WSDOT mobile app, the WSDOT Travel Center Map or by signing up for WSDOT’s email updates. 

    MIL OSI USA News

  • MIL-OSI Security: Security News: Pakistani Leader of International Alien Smuggling Organization Extradited from Mexico

    Source: United States Department of Justice

    A Pakistani man made his initial appearance in court in Tucson, Arizona, today after being extradited from Mexico to face charges relating to his role in leading an international alien smuggling organization.

    In May 2024, a federal grand jury in Tucson returned an indictment against Abbas Ali Haider, 48, of Sialkot, Pakistan, for conspiring to smuggle Pakistani nationals into the United States.

    Haider allegedly operated two sham film production companies, Diamond TV World Productions and Multimedia Advertising Ltd., which were fronts for his alien smuggling organization. According to court documents, Haider used those Pakistan-based companies to contract with film companies in Ecuador, Cuba, and Colombia. He then had those companies sponsor visas for Pakistani nationals purporting to work for Haider’s companies under the guise that they were working on a joint filming project in Latin America. Haider provided the Pakistani nationals with phony paperwork indicating that they worked for his companies, which they used at ports of entry in Panama, Brazil, and Colombia. Haider coached the aliens to say they worked in the film industry to deceive and thwart customs and border officials. Haider’s network of smugglers then assisted the Pakistani nationals in traveling to the U.S.-Mexico border, where they illegally crossed into California, Texas, and Arizona. Haider charged the aliens up to $40,000 for the trip.  

    Haider travelled from Pakistan to Mexico in late 2024 and was arrested in Mexico in January 2025 at the request of the U.S. government. Extensive coordination and cooperation between U.S. and Mexican law enforcement authorities resulted in Haider’s timely extradition.

    Haider is charged with one count of conspiracy to bring illegal aliens to the United States and four counts of bringing in illegal aliens for profit. If convicted, he faces a mandatory minimum penalty of five years in prison.

    Acting Assistant Attorney General Matthew R. Galeotti of the Justice Department’s Criminal Division, U.S. Attorney Timothy Courchaine for the District of Arizona, and Special Agent in Charge Shawn Gibson of Immigration and Customs Enforcement Homeland Security Investigations (HSI) San Diego, made the announcement.

    HSI Calexico led U.S. investigative efforts, working in concert with HSI’s Brasilia, Quito, Tijuana, and Caribbean attaché offices and the HSI Human Smuggling Unit in Washington, D.C., U.S. Customs and Border Protection’s National Targeting Center International Interdiction Task Force, U.S. Border Patrol; the FBI’s Joint Terrorism Task Force in Miami, and U.S. Immigration and Customs Enforcement Office of Enforcement and Removal Operations office in Detroit provided substantial assistance. The Justice Department’s Office of International Affairs worked with law enforcement partners in Mexico to secure the arrest and extradition of Haider. 

    Trial Attorney Chelsea Schinnour of the Criminal Division’s Human Rights and Special Prosecutions Section (HRSP) and Assistant U.S. Attorneys Jared Kreamer Hope and Evan Wesley for the District of Arizona are prosecuting the case.

    The indictment and extradition are the result of the coordinated efforts of Joint Task Force Alpha (JTFA) and the Extraterritorial Criminal Travel Strike Force (ECT) Program. JTFA, a partnership with the Department of Homeland Security (DHS), has been elevated and expanded with a mandate to target cartels and transnational criminal organizations to eliminate human smuggling and trafficking operating in Mexico, Guatemala, El Salvador, Honduras, Panama, and Colombia. JTFA currently comprises detailees from U.S. Attorneys’ Offices along the border. Dedicated support is provided by numerous components of the Justice Department’s Criminal Division, led by HRSP and supported by the Money Laundering and Asset Recovery Section, Office of Enforcement Operations, and the Office of International Affairs, among others. JTFA also relies on substantial law enforcement investment from DHS, FBI, U.S. Drug Enforcement Administration, and other partners. To date, JTFA’s work has resulted in more than 390 domestic and international arrests of leaders, organizers, and significant facilitators of alien smuggling; more than 350 U.S. convictions; more than 300 significant jail sentences imposed; and forfeitures of substantial assets.

    The ECT program is a partnership between the Justice Department’s Criminal Division and HSI and focuses on human smuggling networks that may present particular national security or public safety risks, or present grave humanitarian concerns. ECT has dedicated investigative, intelligence, and prosecutorial resources. ECT also coordinates and receives assistance from other U.S. government agencies and foreign law enforcement authorities.

    This case is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhoods (PSN).

    An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL Security OSI

  • MIL-OSI USA: House Passes Dingell Bill to Strengthen American Technological Leadership

    Source: United States House of Representatives – Congresswoman Debbie Dingell (12th District of Michigan)

    Yesterday, the House of Representatives unanimously passed H.R. 1765, the Promoting United States Wireless Leadership Act

    Introduced by Congresswoman Debbie Dingell (D-MI), Congressman Tom Kean, Jr. (R-NJ), Congressman Tim Walberg (R-MI), and Congresswoman Yvette D. Clarke (D-NY), this bipartisan bill strengthens American technological leadership by bringing together key trusted partners and encouraging U.S. participation in international standards-setting for 5G and future generations of wireless communications networks.

    “The policy choices of today will have lasting effects on the global wireless technology development of tomorrow, especially as we compete against China,” said Congresswoman Dingell. “We must take concrete, proactive steps to lower barriers to entry for U.S. companies and promote American competitiveness in this space for each subsequent generation of these innovative technologies. As a Co-Chair of the 5G and Beyond Caucus, I am proud this bipartisan legislation has passed the House, and will continue to work with my colleagues to ensure the United States remains at the forefront of innovation.”

    “As the global competition for 5G and wireless technology continues, the United States must lead—not follow,” said Congressman Kean. “This bipartisan bill ensures that it is American innovation, rather than that of our adversaries abroad, which sets the standard for the future of wireless communications. I am thankful to my colleagues in the House for passing this critical legislation to keep the U.S. competitive and at the forefront of global technological leadership.”

    “The United States has been a longtime leader in cutting-edge technologies,” said Congressman Walberg. “As a co-chair of the 5G and Beyond Caucus, I understand how critical it is that the U.S. remains the leading voice in the worldwide development of future wireless communications networks. By establishing clear rules of the road, we can protect against influence by foreign adversaries and ensure that the next generation of connectivity is built with America’s values and economic and security interests in mind. I am pleased to see the House pass this bipartisan legislation to secure our future and strengthen our global competitiveness.”

    “For America to remain a global leader in the Digital Age, ensuring the continued effectiveness and stability of our 5G networks must be the highest priority,” said Congresswoman Yvette D. Clarke. “Providing standards-setting bodies with the cooperation, support, and assistance they need from the NTIA is a key step to seeing that aspiration become a reality. I am proud to be a leader of this initiative to secure our continued success in deploying 5G technologies and laying the groundwork for the innovation of future generation wireless networks.”

    Additionally, this bill would direct the National Telecommunications and Information Administration to:  

    • Encourage participation by trusted companies and relevant stakeholders   
    • Offer technical assistance to such trusted companies and relevant stakeholders. 

    MIL OSI USA News

  • MIL-OSI USA: Welch, Hawley, Klobuchar Introduce Bipartisan Legislation to Streamline Drug Patent Litigation, Lower Cost of Prescription Drugs 

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)

    Legislation would make it easier for generic and biosimilar drugs to enter the market, increasing competition and lowering the price of prescription drugs 
    WASHINGTON, D.C. – Today, U.S. Senators Peter Welch (D-Vt.), Josh Hawley (R-Mo.), and Amy Klobuchar (D-Minn.) teamed up to introduce the Eliminating Thickets to Improve Competition (ETHIC) Act, bipartisan, bicameral legislation to streamline drug patent litigation, encourage fair market competition, and lower prescription drug prices by making it easier for generic and biosimilar companies to enter the market. U.S. Representative Jodey Arrington (R-TX-19) introduced companion legislation in the House. 
    “For decades, Big Pharma has exploited U.S. courts and the patent system through anti-competitive practices that prevent generic and biosimilar competitors from entering the market, forcing Vermonters to pay more out of pocket for life-saving drugs. It’s outrageous, and it’s gone on for far too long,” said Senator Welch. “I’m proud to join my colleagues in introducing the ETHIC Act to stop pharmaceutical companies from abusing the patent system and lower prescription drug prices for patients across the country. Congress must pass our legislation to cut drug costs for families and streamline access to care.” 
    “Big Pharma knows exactly what it’s doing in monopolizing the U.S. patent system: driving up drug costs for Americans while preventing generic-drug manufacturers from getting their foot in the market. This bipartisan bill would break up the anticompetitive ‘patent thickets’ that pharmaceutical companies have abused to the detriment of the American patient,” said Senator Hawley. 
    “Big Pharma is exploiting loopholes in our courts and patent system to block generic and biosimilar pharmaceuticals from the market, leading to higher out-of-pocket costs for everyone,” said Senator Klobuchar. “Enough is enough. Our bipartisan bill will close these loopholes, strengthen competition, and lower prescription drug prices.” 
    “America leads the world in medical innovation and Congress understands the necessity of strong IP protections. Groundbreaking research and development fuels our economy, improves quality of life for patients, and brings down healthcare costs – one of the drivers of our national debt. Unfortunately, loopholes in our current patent system allow manufacturers to file for duplicative patents that delay competition. I am proud to lead this legislation to ensure new patents include real innovation and bring additional value to patients,” said Rep. Arrington. 
    The U.S. Patent system was designed to promote innovation and foster competition. However, pharmaceutical companies are exceedingly abusing the patent system through patent extension strategies such as “patent thicketing,” a strategy in which pharmaceutical companies develop a “web” of patents around their most profitable drugs. These patent thickets deter generic and biosimilar drugs from entering the market, due to the high cost of challenging each patent in a thicket.  
    The ETHIC Act codifies the practice that many federal district courts across the country already apply to limit the number of patents or patent claims a company can assert in litigation. Specifically, this bipartisan bill: 

    Streamlines patent litigation by limiting to one, the number of patents per patent thicket a pharmaceutical company can assert in litigation. 

    Prohibits a patent owner from asserting multiple patents from the same thicket in separate actions against the same alleged infringer to circumvent the intent of the law. 

    Safeguards quality patents that improve existing drugs, benefiting patients. 

    The ETHIC Act is endorsed by the Association for Accessible Medicines and Generation Patient. 
    “Patent thickets increasingly serve as a barrier to patient access to lower-cost generic and biosimilar medicines. This bill proactively addresses anticompetitive patent thickets by limiting brands to a single patent out of a duplicative patent family in Hatch-Waxman and biologics patent litigation, said John Murphy III, President and CEO, Association for Accessible Medicines. “In alignment with the Administration’s Executive Order on competition, this bill will accelerate generic and biosimilar launches and stop these problematic double patenting practices.”  
    “As an organization representing over 25 million young adults with chronic conditions in the United States, we witness daily the barriers to accessing affordable, life-saving medicines. For young adults striving for financial security and independence, these obstacles to accessing necessary medicines are especially daunting. With the leadership of Senators Welch and Hawley, the ETHIC Act represents a pragmatic step toward closing loopholes that allow brand-name pharmaceutical companies to use overlapping patents to block competition. By limiting infringement claims to one patent per group of closely related patents, this legislation promotes fair competition and enables more affordable treatment options for our community. It is time to prioritize the health and futures of patients, and this legislation is a step forward in that direction,” said Sneha Dave, Founder and Executive Director, Generation Patient. 
    Learn more about the ETHIC Act. 
    Read and download the full text of the bill. 

    MIL OSI USA News

  • MIL-OSI United Kingdom: Defra Secretary of State at Water UK Reception

    Source: United Kingdom – Executive Government & Departments 2

    Speech

    Defra Secretary of State at Water UK Reception

    Secretary of State for Environment, Food, and Rural Affairs delivered a speech at the UK Water Reception hosted at the Queen Elizabeth II Centre

    This is a moment for Government and industry to join together to unlock the potential of our water sector and grow our economy in every region of this country.

    We need water for economic growth.

    Communities can’t function without it. Water is essential for every household and business across the country. We need it to grow the food that feeds our families. To build 1.5 million new homes, hospitals, schools and roads. To cool power stations that supply our electricity and the data centres to run our IT systems. 

    Water flows through our breathtaking countryside, boosting our tourism and leisure industries.

    The public were not aware at the time of the last general election, this country was facing water rationing within ten years.  There was not enough water to meet the growing demands of our population. As David just said, no new reservoirs had been built in 30 years.

    Water infrastructure was outdated and crumbling. Leaking pipes wasted valuable water supplies. Record levels of sewage polluted our waterways.

    [Political section removed]

    In just one year, we’ve introduced tough new measures to clean up our rivers, lakes and seas. Including ringfencing customers’ money so it can only be spent on what it was intended for: upgrading and improving water infrastructure.

    Our Water Special Measures Bill became law in February, giving the regulators new powers to hold water companies to account.

     And Sir Jon Cunliffe, the former Deputy Governor of the Bank of England, will soon complete the biggest review of the water sector in a generation to ensure we have a robust regulatory framework to clean up our waterways, build the infrastructure we need for a reliable water supply, and restore public confidence in this vital economic sector.

    He will publish his full findings next week, and the Government response will follow quickly afterwards.

    This strong action has laid the groundwork for the sector to move forward.

    Today is the start of a new partnership between the water sector and government.

    Turning the page on the past to begin a new chapter of growth and opportunity.

    The water sector is a priority for economic growth.

    We’ve worked together and secured £104 billion pounds of private sector investment in the water sector over the next five years.

    That’s the biggest private sector investment into our water sector in its entire history, and the second biggest investment in any part of the economy over the lifetime of this parliament – and getting this investment right matters.

    It will build and upgrade infrastructure in every region of the country – cutting sewage in half by 2030 and cleaning up our rivers, lakes and seas.

    So, parents don’t have to worry about letting their children splash about in the water. So, we can experience the majesty of national treasures like Lake Windermere. Or enjoy a moment of calm by going for a swim in nature.

    It will fund nine new reservoirs and nine large-scale water transfer schemes, and reduce leaks from water pipes.

    So families – like those in Guildford –   don’t have to rely on bottled water when their water supply is disrupted. So businesses don’t lose profits when they’re forced to shut because the taps have run dry. So farmers can keep growing food in the face of increasingly unstable and unpredictable weather patterns.

    This vast investment will fuel economic growth.

    Over the next 5 years, it will create 30 thousand good, well-paid jobs in every corner of the country.

    Jobs that are rooted in the communities they serve.

    Money to upgrade roads, schools and hospitals. Encouraging businesses to invest in the area. Attracting more visitors to support rural tourism.

    This investment will make sure we can build 1.5 million homes this Parliament, construct major infrastructure projects to support the green energy transition, and power new industries such as data centres that can unlock the UK’s AI potential.

    This is what we mean when we talk about the Government’s Plan for Change.

    We must work together to make sure that £104 billion is spent in the best way to secure the improvements we want to see, and in the timescales we want to see them.

    Earlier this year, my colleague the Water Minister Emma Hardy and I toured the country to see how this investment will be spent.

    Around Cambridge, one of the UK’s fastest growing economies, investment in water infrastructure will support 4500 new homes, community facilities such as schools and leisure centres, and office and laboratory space in the city centre.

    On the River Avon, Wessex Water are investing £35 million pounds to expand the Saltford Water Recycling Plant, increasing their wastewater treatment capacity by 40% to meet rising demand, and creating local jobs near Bath.

    And in Hampshire, work’s begun on the Havant Thicket Reservoir, the first reservoir to be built in the South East since the 1970s and when it’s full, this will supply water to around 160,000 people and, during construction, it will generate more than £10 million a year to the South East economy,  with construction jobs and apprenticeships.

    We need to get spades in the ground in every region.

    I’ve set up a Water Delivery Taskforce to bring together Government, regulators, and water industry representatives, to ensure water companies complete their planned investments on time and on budget – providing value for money for customers.    

    The Taskforce will make sure we have the water, wastewater and drainage needed for the new developments and infrastructure that will drive long-term economic growth.

    Energy and Utility Skills estimate 43,000 people will be needed to take up jobs in the water industry over the next five years.

    That’s good, skilled, well paid jobs such as bioresources technicians, hydraulics specialists, engineers, construction workers, and surveyors.

    It’s imperative we have the skilled workforce in place.

    Because without it, all this investment will not be possible.

    That’s why we’re here today. To work together to ensure the industry and supply chain have the capacity to meet our shared ambitions for a successful, growing water sector underpinning a successful, growing economy.

    This demands a whole Government approach.

    Torsten Bell, the Minister for Pensions, and Baroness Jacqui Smith, Minister for Skills, will both be here today, will give more details on how we plan to do this via our employment and skills programmes.

    And I’m delighted that later today I’ll sign our ‘Water Skills Pledge’ with Alison McGovern, the Minister for Employment – affirming our commitment to ensuring the water sector has the skills and workforce it needs to succeed.

    We will work together to show people that a career in the water industry and its supply chain is something they can be proud of for a lifetime.

    Something that gives you new skills, exciting challenges and can set you up for life – wherever in this country you live.

    These are jobs that make a difference. Making sure people have a reliable, clean water supply, protecting our food security, cleaning up our waterways – and stimulating economic growth in every part of the country to raise living standards and wages and improve people’s lives.

    This is a fresh start, a moment to build new partnerships and set the direction for the water sector of the future.

    We are working together to bring about the change that people in this country voted for last year. It’s an exciting time for the water industry, and I’m proud to stand alongside you as we chart the journey forwards to success.

    Thank you.

    Updates to this page

    Published 15 July 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: UK promotes agricultural cooperation with the Guatemalan Ministry of Agriculture

    Source: United Kingdom – Government Statements

    World news story

    UK promotes agricultural cooperation with the Guatemalan Ministry of Agriculture

    British Ambassador, Juliana Correa, held a meeting with the Minister of Agriculture, Livestock, and Food, María Fernanda Rivera, to strengthen collaboration in smart agriculture, biotechnology, and sustainable rural development.

    During the meeting, opportunities to promote British offerings in the agri-tech sector were discussed, including solutions in fertilizers, seeds, machinery, animal genetics, and technologies for water conservation and waste management. The interest of British companies in entering the Guatemalan market was highlighted, as well as the need to facilitate regulatory processes for biotech products. 

    The Embassy also highlighted the work of the UK Biodiverse Landscapes Fund (BLF), which supports initiatives in Petén and the Trifinio region for biodiversity conservation, community development, and climate change adaptation. The importance of strengthening MAGA’s technical assistance in areas such as beekeeping, agroforestry systems, and value chains like cocoa was emphasized. 

    The meeting reaffirmed the United Kingdom’s commitment to the sustainable development of the Guatemalan agricultural sector, promoting strategic alliances, technological innovation, and comprehensive solutions to environmental and productive challenges.

    Updates to this page

    Published 15 July 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Rachel Reeves Mansion House 2025 speech

    Source: United Kingdom – Executive Government & Departments 3

    Speech

    Rachel Reeves Mansion House 2025 speech

    Chancellor of the Exchequer Rachel Reeves delivered her second Mansion House speech on the evening of Tuesday 15 July 2025.

    Lord Mayor, Governor, Ladies and Gentlemen.

    My thanks go to the City of London Corporation for hosting us here this evening…

    …and to the Lord Mayor for his address…

    …as well as to the Economic Secretary to the Treasury for all her hard work.

    It is a year since my party was elected to office…

    …and year since I was appointed as Chancellor of the Exchequer.

    Recently, on a visit to a primary school, a young girl asked me –

    “if you could have any job in the world, what would it be?”

    Given the events of the last few weeks, I suspect many of you would have sympathised if I had said –

     “anything but the Chancellor.”

    But I didn’t.

    Because I am proud to stand here tonight and address you for a second time at Mansion House…

    …as the Chancellor of Exchequer.

    This evening, I want to talk about the progress we have made over the past year:

    Restoring stability;

    Securing investment;

    And delivering reform.

    And I want to talk about the future:

    The economy that we are building;

    The opportunities that we are seizing;

    And the prosperity that we together are creating.

    In my Mais lecture last year, I talked about how a resilient economy must be built on security.

    And the importance of that security has been brought into sharp focus in recent months.

    As the world changes before our eyes, and global economies are becoming more uncertain.

    The job of a responsible government is not just to watch this change –  

    We must step up, not step back.

    We must build a dynamic economy on strong and secure foundations…

    …where success is not limited to a handful of sectors, a few people, or certain parts of the country…

    …but where the rewards of hard work are shared…

    …harnessing the contribution of every part of Britain.

    This is the foundation of an economy and a country that is more active and more confident…

    …where people and business look to the future and talk about hope…

    …talk about opportunity…

    …assured of their own capability, and of the ability of our country to boldly face the challenges ahead…

    …and certain in the prize when they succeed:

    Of higher wages and higher living standards;

    The renewal of Britain in every home and every high street.

    To put it simply: a Britain that is better off.

    The financial services sector is critical to my ambitions for our country.

    It is one of the largest and most successful sectors in the UK…

    …worth around 10% of total economic output…

    …and supporting 1.2 million jobs in clusters right around the UK:

    In Cardiff, and Belfast and Edinburgh where we have growing Fintechs;

    In Manchester, where BNY have their new Angel Square hub;

    And in London, the financial centre of the world.

    And financial services is also critical in people’s everyday lives:

    Whether that’s a couple looking to buy their first home;

    A budding entrepreneur wanting to start  their first business;

    Or people getting more out of the money they’re putting aside for the future.  

    And that’s what these plans, that I will set out tonight, will deliver.

    Growth must be built on a platform of economic stability.

    When we came into office…

    …it was our government, this government, that restored Britain’s reputation as a beacon of stability by putting the public finances back on a firm footing…

    …getting debt on a downward path, while investing prudently alongside business.

    That was – and still is – the right choice…

    …because there is nothing progressive – [political redaction] – about a government that simply spends more and more each year on debt interest, instead of on the priorities of ordinary working people.

    And fiscal stability is a choice that reflects economic reality.

    National debt remains at its highest level since the 1960s…

    …and globally, the cost of borrowing has increased in recent years.

    This is not the inheritance that I would have chosen…

    …but it is the reality.

    And that is why the Prime Minister, and I and this government are remain committed to our non-negotiable fiscal rules.

    The stability that we have restored is already delivering:

    Four cuts in interest rates by the Bank of England since the General Election, reducing the cost of mortgages and business lending;

    [political redaction]

    And investment is returning to our economy.

    At the Spending Review, I set out £120 billion of public investment over the next five years…

    …and last month, the Prime Minister confirmed that the UK has attracted £120 billion of private investment – in just the last 12 months.

    In a globally competitive market…

    …firms all over the world are choosing to invest in Britain…

    …as one of the best places to start up, to scale up and to list:

    The FTSE is at an all-time high, today, for the first time ever, breaking 9000 points;

    London is home to the deepest equity capital market in Europe;

    It is the third biggest venture capital market globally;

    And the London Stock Exchange is the most international in the world…

    …with the FTSE soon to include shares listed not just in sterling but also in dollars and in euros.

    Last year, to ensure the UK remains competitive, we made significant changes to the listing regime…

    …for example, relaxing dual class share rules to give founders flexibility to pursue their growth ambitions.

    The FCA have today published their final Prospectus Rules…

    …simplifying the listing and capital raising processes for firms of all sizes.

    And, as I committed to last year at Mansion House, we are delivering PISCES…

    …a brand-new type of stock exchange for private company share trading…

    …with the first trading events due to take place later this year.

    And I am announcing a new Listings Taskforce with the Office for Investment…

    …to attract the best businesses in the world to IPO here in London.

    But we must do more to ensure that British savers benefit from the success of growing British businesses.

    Last year at Mansion House, I set out an overhaul of our pensions system…

    …and the Pension Schemes Bill, led by my colleague the Pensions Minister, will be signed into law in the next few months.

    The creation of Defined Contribution and Local Government Pension Scheme megafunds…

    …will mean larger and more powerful pots of funding invested productively across the country.

    Pension funds, and this government, are united in our determination to deliver higher returns for savers and more investment in the economy.

    That is why, since last year, funds covering the majority of the Defined Contribution market have committed to the Mansion House Accord…

    …pledging to invest at least 10% of their main funds into private assets such as infrastructure and growth markets…

    … with at least half of that going into UK projects.

    And I would also like to congratulate the Lord Mayor on his employer pension pledge…

    I am delighted, Lord Mayor, to see businesses such as Tesco, First Group and Octopus making this commitment…

    …and like you Lord Mayor I look forward to seeing more companies joining up.

    The UK economy is enhanced by its outward-facing approach…

    …and this year we have built on that with our new trade deals:             

    A trade deal with the United States, where we were the first country to sign a deal so that British businesses are better protected against tariffs, and where we have worked with our G7 colleagues to avert new taxes.

    I’m pleased to welcome US Securities and Exchange Commissioner Hester Peirce here tonight…

    …who is driving forward proposals for greater digital collaboration between our two financial centres. Thank you for being here.

    And a trade deal with the European Union, where our strategic partnership will slash red tape and reduce costs for business…

    …as well as providing a platform to further deepen our relationship in future.

    And I am pleased to welcome the European Union’s Financial Services Commissioner Maria Luis Albuquerque.

    Maria Luis, we met earlier today to discuss our continued cooperation on financial services, and I look forward to working more closely with you.

    And a trade deal with India, with whom our recent FTA agreement will give us the best trading relationship of any country in the world with India.

    And we have concluded the first Economic and Financial Dialogue with China in six years.

    And we are implementing the Berne Financial Services Agreement with Switzerland too.

    At the G20 in South Africa later this week I will continue the call I made at the IMF Spring meetings –

    …for countries to come together to tackle trade imbalances and drive growth…

    …underpinned by stronger multilateral institutions.

    I look forward to hearing more on this from the Governor in his address…

    …and I would like to congratulate him on his recent appointment as Chair of the Financial Stability Board…

    …a testament to both Andrew and this government’s commitment to international standards.

    Britain is open for business;

    Open for trade;

    Open for investment.

    And that’s why we must be willing to change how we do things to stay competitive in that global economy.

    We have ripped up the planning rules;

    We have swept away regulations;

    We have published our industrial strategy;

    And today we can go further, by announcing the Financial Services Growth and Competitiveness Strategy…

    …including my Leeds Reforms…

    …named after one of the UK’s great hubs for financial services…

    …and the city that I have been proud to represent as a Member of Parliament for fifteen years.

    These are the most wide-ranging package of reforms to financial services regulation in more than a decade.

    At Mansion House last year, I said we must regulate for growth and not just for risk…

    …and we are delivering on that commitment…

    …while continuing to protect financial stability…

    …so that the benefits of a thriving and growing financial services sector can be realised for people all over Britain.

    Let me set out the details of that package in four parts:

    First, I am rolling back regulation that has gone too far in seeking to eliminate risk;

    Second, I am delivering targeted changes in the areas where the UK already has particular strengths;

    Third, I am making changes to capital requirements to unlock more productive capital;

    And fourth, I am introducing measures to boost retail investment so that more savers can reap the benefits of UK economic success.

    I will begin with the biggest reforms.

    As I promised last year, I am delivering the most significant reform to the Financial Ombudsman Service since its inception…

    …including proposing to limit for ten years for claims.

    This will speed up the time it takes for consumers to get redress for their complaints…

    … returning it to its original purpose as a simple, impartial arbitration service…

    …and ensuring that it no longer acts as a quasi-regulator.

    And I welcome the announcement today, made by the Financial Ombudsman Service that will reduce the interest rate it applies before a decision from 8% to base rate plus 1%.

    I am introducing new targets for the FCA and PRA to cut times on authorisations and approvals…

    …and I have tasked the FCA with assessing the impact of the Consumer Duty and whether it unduly effects wholesale activity…

    …to ensure that regulators are really regulating for growth.

    And I am streamlining the Senior Managers and Certification Regime…

    …reducing the burdens it imposes on firms by 50%…

    …and slashing approval timelines…

    …so you can bring in talent to your business more quickly.

    My next set of reforms provide targeted regulatory support to the areas where the UK does already have a comparative advantage.

    For insurance – where Britain is the destination of choice for underwriting complex, specialised and high-value risk…

    …I am introducing a new competitive framework for captive insurance.

    For asset management – where the UK is the world’s second largest centre…

    …I am futureproofing the regulatory regime and will publish draft legislation in early 2026.

    For sustainable finance, I am determined to focus our efforts on policies that matter most to our world-leading sector and support investment in the transition…

    …so, after consultation and consideration, I have decided not to pursue a green taxonomy…

    …but instead work with regulators through the Transition Finance Council to capitalise on the £200 billion opportunity of the global transition to net zero.

    And for Fintech – where almost half of Europe’s Fintech’s are already based here in the UK…

    …the PRA and FCA are launching a scale-up unit to support innovative firms to grow in the UK, including in our world-leading payments system.

    And I will drive forward developments in blockchain technology…

    …including tokenised securities and stablecoins…

    …and an ambitious design for a new digital gilt instrument…

    …so that UK financial services can be at the forefront of digital asset innovation.

    And because I believe the UK is the best place in the world for financial services…

    …today I’ve announced the Office for Investment’s new concierge service.

    Launching by October this year, it will provide a tailored service to companies considering setting up and expanding in the UK…

    …and I am grateful to Chris Hayward from the City of London Corporation, for his work to drive this forward.

    Thank you Chris.

    Now, let me turn to the changes I am making to capital requirements…

    …to allow UK banks to do more lending and release more capital for investment into our infrastructure and into our businesses.

    First, I am supporting the Bank of England’s decision to raise the asset threshold for MREL requirements to between £25 and £40 billion.

    This will benefit the challenger banks and bring increased competition and innovation to the market…

    …and support those businesses to expand their footprint here in the UK.

    Second, I am confirming our approach to Basel 3.1…

    …implementing lower capital requirements for domestically focussed banks from January 2027…

    …while preserving flexibility on our approach for international banks to ensure the UK always remains competitive while aligning with international standards.

    Third, I have committed to meaningful reform of the UK’s ringfencing regime…

    …recognising that now is the time to go further in tackling inefficiency and boosting growth…

    …while retaining the aspects of the regime that support financial stability and protect consumer deposits.

    And fourth, following the new, growth focussed remit letter I sent in November…

    …I welcome the Financial Policy Committee’s announcement that it will review the overall level of bank capital needed for UK financial stability…

    …reporting back to me by the end of this year.

    The review will inform the work the Treasury is taking forward with the Bank…

    …to ensure the prudential framework strikes the optimal balance to deliver resilience, growth and competitiveness.

    And I welcome the recent changes the Financial Policy Committee has announced to the loan-to-income limit on mortgage lending…

    …which the PRA and FCA are implementing immediately…

    …that means tens of thousands more people could be able to get a mortgage in the next year alone…

    …with Nationwide already offering its ‘Helping Hand’ mortgage to more first time-buyers…

    …supporting alone an additional 10,000 each year.

    And my thanks to Dame Debbie Crosbie for her leadership.

    My final set of reforms are focussed on boosting savings investment.

    I recognise the potential for ISA reform to improve returns for savers…

    …and access capital for UK businesses.

    I have confirmed that Long-Term Asset Funds can be included in stocks and shares ISAs…

    …allowing long-term ISA investors to benefit from this innovative product.

    And I will continue to consider further changes to ISAs…

    …engaging widely in the coming months…

    …and recognising that despite the differing views on the right approach…

    …we are united in wanting better outcomes for both UK savers and for the UK economy.

    For too long, we have presented investment in too negative a light…

    …quick to warn people of the risks, without giving proper weight to the benefits…

    …and our tangled system of financial advice and guidance…

    …has meant people cannot get the right support to make decisions for themselves. 

    That is why we are working with the FCA to introduce a brand-new type of targeted support for consumers ahead of the new financial year.

    And I also welcome the campaign to promote the benefits of retail investment which will launch next April…

    …and the action to look at our current approach to risk warnings – and that will report back in January…

    …and I’m grateful to Chris Cummings of the Investment Association for spearheading both of those initiatives.

    Thank you very much Chris.

    Today, I have placed financial services at the heart of this government’s growth mission…

    …recognising that Britain cannot succeed and meet its growth ambitions…

    …without a financial sector that is fighting fit and thriving.

    The reforms I have set out this evening are the next chapter in how I intend to support this growth…

    …and I thank Gwyneth Nurse and her brilliant team at the Treasury for all of their hard work on this package.

    I knew that Gwyneth would get the biggest clap …

    I am also pleased to have been able to work in lockstep with our regulators…

    …and I want to extend my thanks both to Nikhil Rathi and Sam Woods for their innovation and the work they have done in response to my updated remit letters last year.

    Thank you Nikhil and thank you Sam.

    We have been bold in regulating for growth in financial services…

    …and I have been clear on the benefits that that will drive…

    …with a ripple effect felt right across all sectors of our economy…

    …putting pounds in the pockets of working people.

    Getting better deals on their mortgages…

    better returns on their savings

    and more jobs paying good wages across our country

    As I look ahead…

    …it is clear that we must do more.

    In too many areas, regulation still acts as a boot on the neck of businesses…

    …choking off the enterprise and innovation that is the lifeblood of economic growth.

    Regulators in other sectors must take up the call I make this evening…

    …not to bend to the temptation of excessive caution…

    …but to boldly regulate for growth…

    …in the service of prosperity for our whole country.

    I’m really proud of how far we have come in the last year as government and as a country.

    I know that the changes that we have made will reform and transform our economy and our country.

    And I know that you will waste no time in seizing the opportunities that lie ahead:

    To build a stronger economy;

    To deliver the renewal of Britain;

    And to make working people in all parts of Britain better off.

    Thank you very much.

    Updates to this page

    Published 15 July 2025

    MIL OSI United Kingdom

  • MIL-OSI New Zealand: Electricity sector changes create more ways to save

    Source: New Zealand Government

    Kiwi households and businesses will be able to save more on their electricity bills as a result of changes announced by the Electricity Authority (EA) today, Energy Minister Simon Watts and Associate Energy Minister Shane Jones say.

    “The changes today are welcome developments for consumers who are not getting a fair deal at present from the energy market,” Mr Watts says.

    “First, solar is getting another big boost – energy companies must now pay households with rooftop solar and battery who export their electricity to the grid at peak times a fair price for that electricity – this will help reduce power bills and encourage more solar installations and electricity generation.

    “The large energy companies will also need to offer time of use plans by 30 June 2026 to provide better options for customers to save money by moving their electricity use from peak periods.”

    Mr Watts says these simple solutions will help Kiwis with the cost-of-living impacts driven in part by rising electricity costs. 

    “New Zealand needs more electricity generation to power our economy, and Kiwis rightly expect abundant and affordable energy, which this government is taking action to deliver.

    “The Government is working on a review of the electricity sector, with a focus on ensuring Kiwis get a fair price and aren’t hit in their pockets, and on addressing energy shortages.”

    “The new rules announced today will give New Zealanders more ways to reduce their costs and will incentivise uptake of solar and battery systems, as well as drive power prices down over the long term. Ensuring energy companies pay a fair price for consumers exporting electricity to the network is one of the single best ways to help boost solar uptake to date.

    “I want to see more New Zealanders benefitting from the smarter use of electricity. For this to happen, the electricity sector must appropriately reward consumers for the benefits they provide when they shift their power use away from peak times. 

    Mr Jones says that as our electricity market evolves, these small-scale systems will play an increasingly important role in enabling peak morning and evening demand to be met with local supply. 

    “With new, fairer rebates in place, there will be better opportunities for people to receive income from solar electricity they sell back to the grid.” 

    The Task Force was established by the Electricity Authority and Commerce Commission, with MBIE as an observer in August last year in response to the winter power crisis. 

    The Task Force is focused on enabling new generators and independent retailers to enter, and fairly compete, in the market as well as providing more options for consumers.

    “I thank the Task Force members and the Authority for their work in reaching these decisions. There is more work to do, and I look forward to further Task Force decisions in coming weeks,” Mr Watts says.

    MIL OSI New Zealand News

  • MIL-OSI United Kingdom: Defra Secretary of State at UK Water Reception

    Source: United Kingdom – Executive Government & Departments

    Speech

    Defra Secretary of State at UK Water Reception

    Secretary of State for Environment, Food, and Rural Affairs delivered a speech at the UK Water Reception hosted at the Queen Elizabeth II Centre

    This is a moment for Government and industry to join together to unlock the potential of our water sector and grow our economy in every region of this country.

    We need water for economic growth.

    Communities can’t function without it. Water is essential for every household and business across the country. We need it to grow the food that feeds our families. To build 1.5 million new homes, hospitals, schools and roads. To cool power stations that supply our electricity and the data centres to run our IT systems. 

    Water flows through our breathtaking countryside, boosting our tourism and leisure industries.

    The public were not aware at the time of the last general election, this country was facing water rationing within ten years.  There was not enough water to meet the growing demands of our population. As David just said, no new reservoirs had been built in 30 years.

    Water infrastructure was outdated and crumbling. Leaking pipes wasted valuable water supplies. Record levels of sewage polluted our waterways.

    [Political section removed]

    In just one year, we’ve introduced tough new measures to clean up our rivers, lakes and seas. Including ringfencing customers’ money so it can only be spent on what it was intended for: upgrading and improving water infrastructure.

    Our Water Special Measures Bill became law in February, giving the regulators new powers to hold water companies to account.

     And Sir Jon Cunliffe, the former Deputy Governor of the Bank of England, will soon complete the biggest review of the water sector in a generation to ensure we have a robust regulatory framework to clean up our waterways, build the infrastructure we need for a reliable water supply, and restore public confidence in this vital economic sector.

    He will publish his full findings next week, and the Government response will follow quickly afterwards.

    This strong action has laid the groundwork for the sector to move forward.

    Today is the start of a new partnership between the water sector and government.

    Turning the page on the past to begin a new chapter of growth and opportunity.

    The water sector is a priority for economic growth.

    We’ve worked together and secured £104 billion pounds of private sector investment in the water sector over the next five years.

    That’s the biggest private sector investment into our water sector in its entire history, and the second biggest investment in any part of the economy over the lifetime of this parliament – and getting this investment right matters.

    It will build and upgrade infrastructure in every region of the country – cutting sewage in half by 2030 and cleaning up our rivers, lakes and seas.

    So, parents don’t have to worry about letting their children splash about in the water. So, we can experience the majesty of national treasures like Lake Windermere. Or enjoy a moment of calm by going for a swim in nature.

    It will fund nine new reservoirs and nine large-scale water transfer schemes, and reduce leaks from water pipes.

    So families – like those in Guildford –   don’t have to rely on bottled water when their water supply is disrupted. So businesses don’t lose profits when they’re forced to shut because the taps have run dry. So farmers can keep growing food in the face of increasingly unstable and unpredictable weather patterns.

    This vast investment will fuel economic growth.

    Over the next 5 years, it will create 30 thousand good, well-paid jobs in every corner of the country.

    Jobs that are rooted in the communities they serve.

    Money to upgrade roads, schools and hospitals. Encouraging businesses to invest in the area. Attracting more visitors to support rural tourism.

    This investment will make sure we can build 1.5 million homes this Parliament, construct major infrastructure projects to support the green energy transition, and power new industries such as data centres that can unlock the UK’s AI potential.

    This is what we mean when we talk about the Government’s Plan for Change.

    We must work together to make sure that £104 billion is spent in the best way to secure the improvements we want to see, and in the timescales we want to see them.

    Earlier this year, my colleague the Water Minister Emma Hardy and I toured the country to see how this investment will be spent.

    Around Cambridge, one of the UK’s fastest growing economies, investment in water infrastructure will support 4500 new homes, community facilities such as schools and leisure centres, and office and laboratory space in the city centre.

    On the River Avon, Wessex Water are investing £35 million pounds to expand the Saltford Water Recycling Plant, increasing their wastewater treatment capacity by 40% to meet rising demand, and creating local jobs near Bath.

    And in Hampshire, work’s begun on the Havant Thicket Reservoir, the first reservoir to be built in the South East since the 1970s and when it’s full, this will supply water to around 160,000 people and, during construction, it will generate more than £10 million a year to the South East economy,  with construction jobs and apprenticeships.

    We need to get spades in the ground in every region.

    I’ve set up a Water Delivery Taskforce to bring together Government, regulators, and water industry representatives, to ensure water companies complete their planned investments on time and on budget – providing value for money for customers.    

    The Taskforce will make sure we have the water, wastewater and drainage needed for the new developments and infrastructure that will drive long-term economic growth.

    Energy and Utility Skills estimate 43,000 people will be needed to take up jobs in the water industry over the next five years.

    That’s good, skilled, well paid jobs such as bioresources technicians, hydraulics specialists, engineers, construction workers, and surveyors.

    It’s imperative we have the skilled workforce in place.

    Because without it, all this investment will not be possible.

    That’s why we’re here today. To work together to ensure the industry and supply chain have the capacity to meet our shared ambitions for a successful, growing water sector underpinning a successful, growing economy.

    This demands a whole Government approach.

    Torsten Bell, the Minister for Pensions, and Baroness Jacqui Smith, Minister for Skills, will both be here today, will give more details on how we plan to do this via our employment and skills programmes.

    And I’m delighted that later today I’ll sign our ‘Water Skills Pledge’ with Alison McGovern, the Minister for Employment – affirming our commitment to ensuring the water sector has the skills and workforce it needs to succeed.

    We will work together to show people that a career in the water industry and its supply chain is something they can be proud of for a lifetime.

    Something that gives you new skills, exciting challenges and can set you up for life – wherever in this country you live.

    These are jobs that make a difference. Making sure people have a reliable, clean water supply, protecting our food security, cleaning up our waterways – and stimulating economic growth in every part of the country to raise living standards and wages and improve people’s lives.

    This is a fresh start, a moment to build new partnerships and set the direction for the water sector of the future.

    We are working together to bring about the change that people in this country voted for last year. It’s an exciting time for the water industry, and I’m proud to stand alongside you as we chart the journey forwards to success.

    Thank you.

    Updates to this page

    Published 15 July 2025

    MIL OSI United Kingdom

  • MIL-OSI: River Valley Community Bancorp Announces 2nd Quarter Results (Unaudited)

    Source: GlobeNewswire (MIL-OSI)

    YUBA CITY, Calif., July 15, 2025 (GLOBE NEWSWIRE) — River Valley Community Bancorp (OTC markets: RVCB) with its wholly owned subsidiary, River Valley Community Bank (collectively referred to as the “Bank”), today announced financial results for the quarter ended June 30, 2025. The full earnings release can be found on the Bank’s Investor Relations website at Investor Relations – River Valley Community Bank.

    The Bank remains highly rated with BauerFinancial, and Depositaccounts.com and serves its customer base through its offices located at:

    • 1629 Colusa Avenue, Yuba City, CA
    • 580 Brunswick Rd, Grass Valley, CA
    • 905 Lincoln Way, Auburn, CA
    • 904 B Street, Marysville, CA
    • 401 Ryland Street, Ste. 205, Reno, NV (Loan Production Office)
    • 1508 Eureka Rd., Ste. 100, Roseville, CA (Loan Production Office)
    • 2901 Douglas Blvd., Ste. 140, Roseville, CA – Opening in 3Q2025!

    The Bank offers a full suite of competitive products, services, and banking technology. For more information please visit our website at www.myrvcb.com or contact John M. Jelavich at (530) 821-2469.

    The MIL Network