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Category: Finance

  • MIL-OSI Security: NATO Secretary General in Tokyo: Japan is one of our most valued partners and we are strengthening our cooperation

    Source: NATO

    NATO Secretary General, Mark Rutte, made his first trip to the Indo-Pacific in this capacity this week (8-9 April 2025) where he was hosted by the Prime Minister of Japan, Shigeru Ishiba, in Tokyo, on Wednesday. They took stock of the long-standing partnership between NATO and Japan, agreeing a joint statement that aims to boost this relationship even further.

    “Japan is one of NATO’s most valued partners, and today we set out our vision on how to further strengthen our cooperation,” the Secretary General said. “Russia continues to wage war against Ukraine, ​and its economy is on war footing. And it has not given up its ambitions to reshape European security. Meanwhile, China is pursuing a major military build-up, and seeks to control key technologies, critical infrastructure, and supply chains. It continues to carry out destabilising activities in the Indo-Pacific, and we also see North Korean troops and weapons being used against Ukraine – in return for Russia’s support to North Korea’s illegal weapons programmes.” He highlighted that “in a more dangerous world, NATO and Japan stand strong, to protect our values, our freedom and the peace.”

    Secretary General Rutte hailed Japan’s plan to invest 2% of its GDP in defence by 2027 and the country’s continued investments, which he believes will “make Japan’s already capable forces even stronger.” Furthermore, he underscored the value of Japan’s multifaceted support to Ukraine, including through the imposition of sanctions against Russia, the signature of a security agreement between Japan and Ukraine, and substantial contributions to NATO’s Comprehensive Assistance Package Trust Fund for Ukraine. The NATO Secretary General also highlighted the importance to bolster NATO’s collaboration with Japan on key areas including defence industrial production, cyber defence and maritime security.

    During his two-day visit to Japan, the Secretary General also met with the Minister of Defence of Japan, Gen Nakatani, the Minister of Economy, Trade and Investment, Yogi Muto, and with Members of the ​Japanese Diet Council for Comprehensive Security.

    Mr Rutte visited Yokosuka Naval Base on Tuesday, where he was briefed by Japan’s Maritime Self Defense Forces aboard a Mogami-class frigate. He also visited Mitsubishi Electric’s Kamakura Works and took part in a roundtable discussion with Japanese dual use start-ups.

    MIL Security OSI –

    April 10, 2025
  • MIL-OSI Economics: Agence française de développement commits additional €3 million to Africa Digital Financial Inclusion Facility to boost digital financial inclusion

    Source: African Development Bank Group

    The Agence française de développement (AFD) has committed an additional €3 million to the African Development Bank-managed Africa Digital Financial Inclusion Facility (ADFI) to accelerate financial inclusion in Africa.

    The increase brings AFD’s total funding to over €5 million. The resources will support the ADFI partnership in catalyzing digital financial solutions across Africa by expanding investment in scalable and replicable initiatives that enable access to credit and other financial services that support investment and entrepreneurship among underserved communities.

    The African Development Bank and AFD co-founded ADFI in 2019 with the Gates Foundation and the Ministry of Finance of the Government of Luxembourg. France’s Ministry for the Economy, Finance and Industrial and Digital Sovereignty, the Women’s Enterprise Finance Initiative (We-Fi), and India’s Ministry of Finance joined in 2020, 2022 and 2023 respectively.

    AFD Group is strongly committed to accelerating the mobilization of financial and human resources to align the financial systems with the Sustainable Development Goals, ensuring that vulnerable populations—especially in regions most affected by climate change—can access financial tools that help them adapt and thrive.

    “Developing digital financial services is a key pathway to reach financially excluded populations in Africa,” said Audrey Brule-Françoise, head of AFD’s Financial Systems Division. “Through our continued collaboration within ADFI, we aim to promote access to digital financial services that are tailored to diverse needs and delivered in a responsible manner. This new contribution will help scale up impactful and inclusive solutions.”

    Mohamadou Ba, head of the African Development Bank’s Financial Intermediation and Inclusion Division, said, “Digital financial solutions are key to improving the quality of life of people in Africa and reducing the gender access to finance gap. We welcome the Agence française de développement’s renewed support of the catalytic role ADFI has been playing in accelerating greater access and usage of digital financial solutions and financial inclusion across the continent. We look forward to working together to scale our efforts to enhance the impact on greater economic empowerment, resilience, and growth across Africa.”

    Recent data shows that nearly half the continent’s adult population does not benefit from digital financial solutions, particularly women, youth, farmers, small businesses, and rural communities.

    ADFI works to expand digital financial solutions across Africa through strategic investments in digital infrastructure, policy and regulation, and product innovation, with a special focus on reducing gender gaps and building capacity.

    ADFI aligns with the African Development Bank’s Ten-Year Strategy for inclusive growth and its priority to improve the quality of life for the people of Africa. It also advances the mandate of the Bank’s financial sector development department to improve access to finance for the underserved. ADFI works to scale innovative digital financial solutions under the three broad strategic pillars of infrastructure, policies, regulations, and product innovation. Capacity building and gender inclusion cut across all interventions.

    About Agence Française de Développement (AFD)

    Agence Française de Développement (AFD) helps advance France’s policy on sustainable investment and international solidarity. Through its public sector and NGO financing operations, research and publications (Éditions AFD), sustainable development training programs (AFD Group Campus) and awareness-raising activities in France, AFD finances, supports and drives the transition to a fairer, more resilient world.

    Alongside its partners, AFD provides sustainable solutions for—and with—communities. AFD teams are working on over 2,700 projects in the field, in over 115 countries, including France’s overseas departments and territories, to support projects for the climate, biodiversity, peace, gender equality and global health. Together with Proparco and Expertise France, AFD supports the commitment of France and the French people to achieve the Sustainable Development Goals (SDGs).

    MIL OSI Economics –

    April 10, 2025
  • MIL-OSI: BitSaci Launches BitSaci Labs, Spearheading Investment and Incubation in DeFi, GameFi, and AI

    Source: GlobeNewswire (MIL-OSI)

    LAKEWOOD, Colo., April 10, 2025 (GLOBE NEWSWIRE) — BitSaci CRYPTO GROUP LIMITED, operator of the innovative Web3-focused cryptocurrency exchange BitSaci (https://www.bitsaci.com/), today announced the official launch of BitSaci Labs. This new dedicated arm will focus on investing in and incubating groundbreaking projects within the rapidly evolving Web3 ecosystem, with an initial strategic focus on Decentralized Finance (DeFi), GameFi, and Artificial Intelligence (AI).

    The establishment of BitSaci Labs marks a significant step in BitSaci’s strategy to expand beyond its core exchange services and actively contribute to the growth and development of the broader Web3 landscape. Recognizing the transformative potential of decentralized technologies, BitSaci Labs aims to identify and support visionary entrepreneurs and development teams building the next generation of blockchain-based applications.

    Recognizing that the Web3 revolution is fundamentally reshaping interactions with technology and value, BitSaci is expanding its role through the launch of BitSaci Labs. This initiative signifies a strategic move beyond core exchange functions, positioning BitSaci as an active contributor and enabler within this exciting new frontier. The deliberate focus on DeFi, GameFi, and AI stems from a strong belief in these sectors’ immense potential to spearhead the next wave of innovation. Consequently, BitSaci Labs is actively seeking to collaborate with and support visionary teams aiming to bring groundbreaking ideas to fruition in these domains.

    BitSaci Labs will target investments and provide incubation support across key high-growth Web3 sectors:

    • Decentralized Finance (DeFi): Seeking projects that enhance financial accessibility, transparency, and efficiency through novel blockchain solutions, lending protocols, decentralized exchanges (DEXs), and yield-generation strategies.
    • GameFi: Investing in the future of interactive entertainment, including play-to-earn (P2E) models, metaverse development, NFT-driven gaming experiences, and infrastructure supporting the GameFi ecosystem.
    • Artificial Intelligence (AI): Supporting initiatives that integrate AI with blockchain technology to enhance scalability, security, predictive analytics, user personalization, and intelligent automation within the Web3 space.

    Beyond providing capital, BitSaci Labs intends to offer comprehensive support to its portfolio projects, potentially including strategic advisory, technical guidance, marketing resources, community building assistance, and access to BitSaci’s growing global user base and network.

    This initiative aligns with BitSaci’s core mission to build a secure, transparent, and user-centric gateway to the Web3 economy. By fostering innovation in DeFi, GameFi, and AI, BitSaci aims to enrich its own ecosystem and contribute positively to the overall health and advancement of the decentralized web.

    Contact:
    Kevin Patel, Chief Operating Officer
    BitSaci CRYPTO GROUP LIMITED
    Email: kevin.patel@bitsaci.com
    Website: https://www.bitsaci.com/

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1715d967-de92-4de5-81b0-b025fa5783dd

    The MIL Network –

    April 10, 2025
  • MIL-OSI: Capgemini and ISAI launch ISAI Cap Venture II

    Source: GlobeNewswire (MIL-OSI)

    Capgemini and ISAI launch ISAI Cap Venture II

    2ndVC fund builds on success of the first, dedicated to innovative startup collaboration

    Paris, April 10, 2025 – Following the success of ISAI Cap Venture I, ISAI and Capgemini announce the launch of ISAI Cap Venture II, a renewed investment vehicle dedicated to supporting high-potential B2B startups and scale-ups worldwide. This second iteration of the fund, sized at €80 million, continues to combine ISAI’s deep venture capital expertise with Capgemini Ventures’ ability to generate business synergies between startups and the global Capgemini ecosystem.

    Since its inception in 2019, ISAI Cap Venture I has built a diverse international portfolio of 15 companies, co-investing alongside top-tier international VC firms. Examples of key investments include Alation (enabling data governance strategy, data trust and automated business glossary), Zelros (transforming insurance distribution), and Copado (built natively on the Salesforce platform, enabling faster, error-free releases with continuous integration and delivery technologies).

    These investments align to Capgemini’s strategic priorities, helping to enrich the Group’s portfolio of offers and more specifically offers by industry, as well as strengthen partner relationships. This has allowed Capgemini to build joint go-to-markets, further fostering new innovations, ideas, and solutions – to guide clients through their business and technology transformations.

    The fund also invested in next-gen technologies that will shape the future of business, such as Liquid AI, a new generative AI model called Liquid Neural Networks (LNNs) that is effective, sustainable and cost-efficient, or Pasqal, a pioneer in quantum computing.

    A proven model of corporate and VC collaboration
    As the first fund, ISAI Cap Venture II will take minority stakes (€1-5million tickets) in companies that have reached a maturity level allowing for joint commercial approaches with Capgemini. These investments will be made in Series A up to growth-stage, ensuring alignment with international VC players, predominantly from Europe and the United States. This corporate-VC model has proven highly effective, demonstrating that a well-structured partnership between a venture capital firm and a corporate partner can accelerate growth.

    “Our first fund demonstrated that startups can benefit from a corporate partner while maintaining the flexibility they need to grow. With ISAI Cap Venture II, we reaffirm our commitment to backing the most innovative technology startups and helping them scale with Capgemini’s business partnerships,” said Jean-David Chamboredon, Chief Executive Officer, ISAI.

    “Our unique model with ISAI has established Capgemini Ventures as a trusted player in the VC ecosystem. By launching ISAI Cap Venture II, we will continue to develop joint value propositions with selected startups, thus accelerating and enabling the adoption of the most promising digital innovations and emerging technologies for Capgemini clients,” commented Lucia Sinapi-Thomas, Executive Director, Capgemini Ventures.

    Expanding ISAI’s CVC activity
    ISAI has now raised over €240 million for corporate-backed investment funds, reinforcing its role as a leading venture capital firm collaborating with strategic partners. With two flagship corporate sponsors, including Capgemini, ISAI CVC activity is carrying on demonstrating its ability to bridge the gap between startups and major industrial players.

    About Capgemini
    Capgemini is a global business and technology transformation partner, helping organizations to accelerate their dual transition to a digital and sustainable world, while creating tangible impact for enterprises and society. It is a responsible and diverse group of 340,000 team members in more than 50 countries. With its strong over 55-year heritage, Capgemini is trusted by its clients to unlock the value of technology to address the entire breadth of their business needs. It delivers end-to-end services and solutions leveraging strengths from strategy and design to engineering, all fueled by its market leading capabilities in AI, generative AI, cloud and data, combined with its deep industry expertise and partner ecosystem. The Group reported 2024 global revenues of €22.1 billion.

    Get The Future You Want | www.capgemini.com

    About ISAI
    ISAI Gestion (“ISAI”) is one of the pioneers in the French Tech ecosystem. Co-founded in 2009 “by and for” Tech entrepreneurs, ISAI gathers today more than 450 Entrepreneurs-LPs alongside major Institutional Investors.
    With offices in Paris and NYC, ISAI manages €1.0bn across four investment strategies: Early-Stage Venture, Corporate Venture, Growth Lending and Tech Buyout.
    The company is a UNPRI signatory and a committed player in inclusive and low-carbon Tech. For more information, visit: www.isai.fr/en

    Attachment

    • 04_10_ISAI Cap Venture II press release

    The MIL Network –

    April 10, 2025
  • MIL-OSI Economics: Secretary-General of ASEAN participates in the virtual Special ASEAN Economic Ministers’ Meeting

    Source: ASEAN

    At the invitation of H.E. Tengku Zafrul Tengku Abdul Aziz, Minister of Investment, Trade and Industry of Malaysia and Chair of the ASEAN Economic Ministers’ (AEM) Meeting this year, Secretary-General of ASEAN, Dr. Kao Kim Hourn, participated in the Special ASEAN Economic Ministers’ Meeting held today via Video Conference, chaired by the Minister of Investment, Trade and Industry of Malaysia, H.E. Tengku Zafrul Tengku Abdul Aziz. The Meeting discussed the latest geopolitical developments, including the U.S. reciprocal tariffs announced on 2 April 2025 with its impact on ASEAN Member States and ASEAN’s collective response going forward.

    Download the full Joint Statement here.

    The post Secretary-General of ASEAN participates in the virtual Special ASEAN Economic Ministers’ Meeting appeared first on ASEAN Main Portal.

    MIL OSI Economics –

    April 10, 2025
  • MIL-OSI Economics: Secretary-General of ASEAN attends the ASEAN Finance Ministers and Central Bank Governors (AFMGM) Meeting with International Financial Institutions (IFIs)

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today participated in the ASEAN Finance Ministers and Central Bank Governors (AFMGM) – International Financial Institutions (IFIs) Meeting, in Kuala Lumpur, Malaysia. The Meeting noted the global and regional economic outlook presented by the IFIs and discussed thematic issues on global trade and building resilience amidst global policy shifts and uncertainties.

    The post Secretary-General of ASEAN attends the ASEAN Finance Ministers and Central Bank Governors (AFMGM) Meeting with International Financial Institutions (IFIs) appeared first on ASEAN Main Portal.

    MIL OSI Economics –

    April 10, 2025
  • MIL-OSI: Šiaulių Bankas Pursues Further Share Buybacks, Applies to ECB

    Source: GlobeNewswire (MIL-OSI)

    On April 9, 2025, Šiaulių Bankas submitted a request to the European Central Bank (ECB) for permission to acquire 4.5 million of its own shares (ISIN code LT0000102253).

    “We plan to allocate up to 5% of last year’s profit for the buyback of our own shares. Additionally, by the end of this month, we will pay a record dividend of EUR 0.061 per share, distributing 50% of the 2024 profit, demonstrating our commitment to shareholder returns,” said Tomas Varenbergas, Member of Management Board and Head of Investment Management Division at Šiaulių Bankas.

    On August 15, 2024, the bank had received ECB approval to buyback up to 13,745,114 of its own shares. Based on this permission, the bank has already acquired 11,092,863 shares. The remaining unused limit is 2,652,251 shares. Taking into account the bank’s market value and other circumstances, the bank aims to fully utilize the remaining repurchase limit no earlier than the dividend payment date for 2024 profits (April 25, 2025).

     

    Additional information:

    Tomas Varenbergas

    Head of Investment Management Division

    tomas.varenbergas@sb.lt, +370 610 44447

    The MIL Network –

    April 10, 2025
  • MIL-OSI China: China, Malaysia discuss economic cooperation, joint response to US tariff hikes

    Source: China State Council Information Office

    Chinese Commerce Minister Wang Wentao has held a meeting via video link with Tengku Zafrul Abdul Aziz, Malaysia’s minister of investment, trade and industry, as Malaysia currently holds the rotating chair of ASEAN, said a statement released by China’s Ministry of Commerce on Thursday.

    The two sides held in-depth and candid exchanges on strengthening China-Malaysia and China-ASEAN economic and trade cooperation, as well as jointly responding to the so-called “reciprocal tariffs” raised by the United States.

    Wang said these so-called “reciprocal tariffs” ignore the hard-won balance of interests achieved through years of multilateral trade negotiations and the fact that the United States has long benefited substantially from global trade.

    He described the U.S. move as a typical act of unilateral bullying that severely hurts the legitimate rights and interests of countries including China and ASEAN members.

    Wang added that the U.S. approach also harms its own interests and endangers global economic growth and the stability of industrial and supply chains, posing a grave threat to the multilateral trading system.

    Wang stressed that China firmly opposes such measures and has already taken decisive countermeasures, adding that China is ready to fight till the end if the United States is bent on going down the wrong path.

    He also expressed China’s readiness to strengthen communication and coordination with trading partners, including the ASEAN, and to resolve respective concerns through dialogue and consultation based on mutual respect, in a joint effort to safeguard the multilateral trading system.

    Zafrul said Malaysia’s Ministry of Investment, Trade and Industry has already issued a statement opposing the U.S. policy, noting that it runs counter to the principles of free and fair trade as set out by the World Trade Organization.

    Malaysia fully respects China’s stance and is committed to jointly supporting multilateralism and the advancement of global trade, the minister said, adding the country will engage in consultations with other ASEAN members to jointly respond to the so-called “reciprocal tariffs” and other moves proposed by the United States. 

    MIL OSI China News –

    April 10, 2025
  • MIL-OSI New Zealand: Government moves quickly on NZ-UAE Trade Agreement to give Kiwis certainty

    Source: New Zealand Government

    The Government is moving quickly to ratify the New Zealand–United Arab Emirates Comprehensive Economic Partnership Agreement (CEPA) this year, to give Kiwi exporters options and greater certainty Minister for Trade and Investment Todd McClay announced.
    “The NZ-UAE CEPA implementation bill passed its first reading in Parliament today,” Mr McClay says.
    “New Zealand exporters are facing international headwinds with increased tariffs into the US.
    “This week I met with my UAE counterpart Minister of State for Foreign Trade Dr. Al Zeyoudi in Abu Dhabi, and we have agreed to enact the trade agreement with urgency so that businesses in our two countries can benefit from tariff elimination and sensible trade rules  
    “I’m grateful to the majority of parties in Parliament for their support of Kiwi exporters and this agreement, and will be working cross party to ensure New Zealand businesses have the certainty they need. 
    “The agreement will immediately eliminate duties on 98.5 per cent of New Zealand exports to the UAE, rising to 99 per cent within three years. It also secures improved access for services and reduces non-tariff barriers,” Mr McClay says.
    The legislation to implement the agreement will now be considered by the Foreign Affairs, Defence and Trade Committee. 
    Both countries are working towards entry into force as soon as possible.

    MIL OSI New Zealand News –

    April 10, 2025
  • MIL-OSI New Zealand: Second arrest made in relation to Kawerau homicide

    Source: New Zealand Police (National News)

    Attributable to Detective Senior Sergeant Paul Wilson, Eastern Bay of Plenty Area Investigations Manager:

    A second person has been arrested and charged with murder following the death of a man in Kawerau on 26 February.

    A 15-year-old male was taken into custody after Police executed a search warrant at an address in Otara, Auckland earlier today.

    He is due to appear in the Manukau Youth Court tomorrow, 11 April.

    Today’s arrest comes after a 21-year-old man was arrested and charged with murder on 27 March.

    The 21-year-old is due to reappear in the Tauranga District Court on 30 April.

    ENDS

    Issued by Police Media Centre

    MIL OSI New Zealand News –

    April 10, 2025
  • MIL-OSI Australia: Cash and tobacco seized in Operation Eclipse raids

    Source: New South Wales – News

    Police have seized $1,572,000 worth of illegal tobacco and $444,000 in cash in raids on 31 premises in the Mid-North and Eyre Peninsula.

    Serious and Organised Crime Branch, members of the Local Service Areas with support of Consumer and Business Services searched 31 premises at Port Pirie, Port Augusta, Whyalla and Port Lincoln between 1 April and 3 April as part of Operation Eclipse.

    The locations searched included tobacconists, barber shops, gift shops, mini-marts, commercial storage facilities and residential premises.

    The searches resulted in the arrest of a man, 51, of Whyalla Playford for unlawful possession of $225,655 cash.

    Investigation is ongoing in relation to other seizures of cash and illicit tobacco.

    Operation Eclipse commander Detective Chief Inspector Brett Featherby said the regional seizures had significantly disrupted the activities of syndicates operating in those regional areas and enhanced our knowledge or their business model.

    “Organised crime syndicates operating in regional areas will be subject to a whole of SAPOL response to disrupt their criminal activity and financial operations,’’ he said.

    “SAPOL will pursue criminal charges when sufficient evidence exists and that includes those who are supporting and enabling that activity and take every opportunity to enforce the full extent of the confiscations legislation to seize assets of those involved.’’

    Operation Eclipse has so far resulted in 33 arrests for offences including blackmail, arson, money laundering and serious criminal trespass.

    There have been 179 premises searched – 47 residential, 119 businesses and 13 storage facilities – more than $2 million in cash, three firearms and almost $16.2 million in tobacco seized. 
    Significantly, there have been 366 calls to Crime Stoppers since October 2 that have resulted in information being provided to police.

    Commissioner for Consumer Affairs Brett Humphrey said the partnership between CBS and SAPOL had made a significant impact on the illicit tobacco and vape trade in South Australia.

    “Together, we are making inroads into the sale of illicit tobacco and vapes and we are taking this very seriously.

    “CBS will continue to work with other agencies focussed on reducing the illicit tobacco trade in South Australia.”

    Anyone with any information on criminal activities surrounding the sale of illicit tobacco is urged to contact Crime Stoppers on 1800 333 000 or at www.crimestopperssa.com.au – you can remain anonymous.

    MIL OSI News –

    April 10, 2025
  • MIL-OSI Banking: Secretary-General of ASEAN meets with the President of the Asian Development Bank (ADB)

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today met with the Asian Development Bank (ADB) President Mr. Masato Kanda, on the sidelines of the 12th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting in Kuala Lumpur, Malaysia. They discussed areas of potential collaboration to advance ASEAN’s initiatives on regional energy cooperation, sustainability, infrastructure financing, and sub-regional development.

    The post Secretary-General of ASEAN meets with the President of the Asian Development Bank (ADB) appeared first on ASEAN Main Portal.

    MIL OSI Global Banks –

    April 10, 2025
  • MIL-OSI USA: Padilla, Wyden, Cortez Masto, Warren Seek Watchdog Investigation of Potential Trump Administration Violations of Taxpayer Privacy Laws

    US Senate News:

    Source: United States Senator Alex Padilla (D-Calif.)

    Padilla, Wyden, Cortez Masto, Warren Seek Watchdog Investigation of Potential Trump Administration Violations of Taxpayer Privacy Laws

    New request for investigation comes as Treasury Secretary agrees to leak millions of protected records to DHS, multiple senior IRS officials announce intent to leave agency

    WASHINGTON, D.C. — Today, U.S. Senator Alex Padilla (D-Calif.), Ranking Member of the Senate Judiciary Immigration Subcommittee, Senate Finance Committee Ranking Member Ron Wyden (D-Ore.), Senator Catherine Cortez Masto (D-Nev.), and Senator Elizabeth Warren (D-Mass.) urged the acting Treasury Inspector General for Tax Administration to investigate several reports that the Trump Administration is potentially violating strict taxpayer privacy laws by providing highly sensitive and legally protected taxpayer data to the Department of Homeland Security (DHS) and personnel affiliated with Elon Musk across various federal agencies. The Senators’ request comes after Treasury Secretary Scott Bessent signed a memorandum of understanding with the Department of Homeland Security to provide an unprecedented level of access to Internal Revenue Service (IRS) taxpayer data for open-ended investigations.

    “Taxpayer data held by the IRS is, by design, subject to some of the strongest privacy protections under federal law, the violation of which can trigger civil and criminal sanctions, including up to five years in prison. Congress passed these protections in the 1970s after President Nixon weaponized the IRS against his political enemies. These legal protections for taxpayer data apply to all taxpayers and are an essential foundation for our tax system, which requires the voluntary submission of information to the government. Voluntary tax compliance depends on taxpayers having faith that their confidential information will not be used for anything other than tax administration,” wrote the Senators.

    The letter also follows several high-ranking IRS officials, including the acting commissioner and chief privacy officer, announcing their imminent departures from the agency.

    “Immediately following Bessent’s execution of the [agreement with DHS], several IRS leaders announced their resignations, including Acting IRS Commissioner Melanie Krause and Chief Privacy Officer Kathleen Walters, raising further questions about whether they resigned to avoid being a party to a criminal conspiracy to violate tax privacy law,” continued the Senators. 

    “The risks created by these activities cannot be overstated… [IRS] data can be inaccurate because of identity theft, keypunch errors, obsolete address information, and a wide range of other reasons. If DHS relies on the same data to deport millions of people without validating its accuracy, it is likely to end up making grave errors that impact American citizens and immigrants with valid legal status,” added the Senators.

    In addition to Padilla, Wyden, Cortez Masto, and Warren, the letter was also signed by Senators Richard Blumenthal (D-Conn.), Cory Booker (D-N.J.), Tammy Duckworth (D-Ill.), Dick Durbin (D-Ill.), Martin Heinrich (D-N.M.), Andy Kim (D-N.J.), Ben Ray Luján (D-N.M.), Edward J. Markey (D-Mass.), Jeff Merkley (D-Ore.), Bernie Sanders (I-Vt.), Brian Schatz (D-Hawaii), Chris Van Hollen (D-Md.), Peter Welch (D-Vt.), and Sheldon Whitehouse (D-R.I.).  

    Last month, Senators Padilla, Cortez Masto, and Wyden condemned the IRS’ plan to provide sensitive taxpayer information to DHS to locate suspected undocumented immigrants. The Senators also led a letter to IRS and DHS leadership raising the alarm on reports that DHS and the Department of Government Efficiency illegally requested sensitive taxpayer information from the IRS.

    Full text of the letter is available here and below:

    Dear Acting Inspector General Hill:

    We write to request an investigation into alarming reports about improper access to tax return information at the Internal Revenue Service (IRS) by the Immigration and Customs Enforcement (ICE) division of the Department of Homeland Security (DHS), Elon Musk’s associates at the “Department of Government Efficiency” (DOGE), the Office of Personnel Management (OPM), and others, potentially violating the privacy of every taxpayer. As you know, violations of the tax privacy rules are punishable by civil and criminal penalties, including up to five years in prison.

    Following the abrupt departure of the Acting Chief Counsel and Acting IRS Commissioner on April 7, 2025, Treasury Secretary Bessent signed a memorandum of understanding that gives ICE unprecedented access to return information in an apparent attempt to weaponize the tax system against up to seven million people suspected of being undocumented immigrants. The MOU cites Internal Revenue Code section 6103(i)(2), which permits certain limited disclosures for active criminal investigations individually approved by high level officials, but there were only 30,538 disclosures for all such investigations in the U.S. in 2023 and 14,640 in 2022, raising questions about whether it would be possible for ICE to have a valid reason for obtaining information on up to seven million people.  

    Immediately following Bessent’s execution of the MOU, several IRS leaders announced their resignations, including Acting IRS Chief Counsel Melanie Krause and Chief Privacy Officer Kathleen Walters, raising further questions about whether they resigned to avoid being a party to a criminal conspiracy to violate tax privacy law.  

    DOGE has also sought access to the IRS’s most sensitive systems to create a “mega-API,” that insiders have said is an “open door controlled by Musk for all American’s [sic] most sensitive information with none of the rules that normally secure that data.” This proposed “hackathon” by Musk and third parties could result in the exporting of taxpayer data to private entities and compromise the privacy of millions of Americans. DOGE has also requested an “omnibus” agreement with federal agencies that would allow a broad swath of federal officials to cross-reference benefits rolls with taxpayer data.

    Finally, Treasury and IRS are requiring IRS employees, including employees in service centers who do not have a government-issued computer, to send emails listing five things they did each week to an external email address at OPM without any pre-screening to ensure no return information is included. Agencies are permitted to opt out of this requirement, but the IRS has not.

    The risks created by these activities cannot be overstated. The data in IRS systems cannot necessarily be relied upon for non-tax purposes. The IRS suspends the processing of millions of returns each year and flags millions of others for follow-up because the information in its files does not match what is on the taxpayer’s return. The data can be inaccurate because of identity theft, keypunch errors, obsolete address information, and a wide range of other reasons. If DHS relies on the same data to deport millions of people without validating its accuracy, it is likely to end up making grave errors that impact American citizens and immigrants with valid legal status.

    Moreover, taxpayer data held by the IRS is, by design, subject to some of the strongest privacy protections under federal law, the violation of which can trigger civil and criminal sanctions, including up to five years in prison. Congress passed these protections in the 1970s after President Nixon weaponized the IRS against his political enemies. These legal protections for taxpayer data apply to all taxpayers and are an essential foundation for our tax system, which requires the voluntary submission of information to the government. Voluntary tax compliance depends on taxpayers having faith that their confidential information will not be used for anything other than tax administration. Otherwise, those who value their privacy are less likely to file and pay what they owe. 

    There are already projections that taxpayers are paying $500 billion less in taxes this year, which could be explained, in part, by a lack of confidence that their tax return information will be kept confidential. Experts estimate that this MOU could reduce revenue by $25 billion in 2026 and $313 billion over a ten-year period. If that trend continues, it will undermine the finances of Medicare and Social Security, which the Trump Administration is already dismantling and Elon Musk has said is a Ponzi scheme.  

    While there are procedures by which agencies can gain access to return information, they generally require a determination that the information is required in a specific case for a lawful purpose. IRS employees may not access such information without proper training, and the information cannot be transmitted to another party without proper safeguards. The administration has thus far failed to timely respond to a congressional request on March 14, 2025, for information about the legal basis for the spate of recent requests for access to return data.   

    1. Concerning DHS’s request for return information about ITIN holders, please provide:

    a. A complete unredacted copy of the MOU and any related agreements (including the separate implementation agreement referenced in the redacted MOU);

    b. Any documented concerns raised by any senior IRS officials;        

    c. Any statements received describing the intended use of the information; 

    d. Any parties, officers, or agencies to whom the requester intended to redisclose any or all of the information; and

    e. The legal basis for authorizing disclosures under this MOU; and

    f. The extent to which such disclosures would be unprecedented. 

    2. Please provide any other requests for access to taxpayer or other sensitive information the IRS received from any agency in the executive branch (including DHS, SSA, DOGE, and the Office of Personnel Management) during this administration for return or other sensitive information or access to IRS systems containing such information, which was not subject to judicial review or routinely granted during the last administration.

    3. Please also provide any requests for taxpayer or other protected information received from the President or the Executive Office of the President (EOP) during this administration, including the Office of Management and Budget, DOGE, and Elon Musk.

    4. In each instance described in #2 or #3, please explain how the requestor proposed to use the information requested, the IRS’s response to the request, and the legal basis for the IRS’s response.

    5. Every month until the end of this administration, please provide a copy of any new request that would fall into any of these categories and the IRS’s response.

    6. Please also provide a list of all non-IRS employee(s) currently detailed to, or working with, the IRS as part of DOGE or its affiliates and provide a copy of the Memorandum of Understanding(s) allowing them to do so. 

    7. Every month until the end of this administration, provide an update on any modifications to any of the agreements referenced above to share return information.

    8. Please provide an analysis of the risk that the “5-things” emails IRS employees are required to send to OPM contain information protected by section 6103 or protected by other provisions (e.g., the Privacy Act).

    9. Please provide an estimate of the number of 6103 or other statutory violations the management of the IRS and Treasury are allowing to occur by requiring 5-things emails to OPM.

    10. Please provide information about the nature and scope of the “mega API” and “hackathon” activity, which was reported in the press, including what sensitive data the vendor has access to, how the contract for services was negotiated, and whether there were any violations of federal contracting regulations.

    11. Please provide an estimate of the percentage of individuals who have been given access to return or other sensitive information for the first time during this administration without first completing all of the training that IRS employees are required to take before having such access. Please provide a list of their titles.

    12. To the extent new individuals or agencies have been granted access to return or other sensitive information during this administration, please estimate the percentage who did not properly secure and safeguard such information as required. Please provide a list of any agencies and the titles of any individuals. 

    13. To the extent that improper access or disclosures of return or other sensitive information have occurred during this administration, please describe the circumstances of the disclosure, provide an estimate of the number of taxpayers affected, and whether they have been notified that their information has been improperly accessed or disclosed. 

    Please provide us with this information as soon as it is available, provide us with a briefing by May 8, 2025, and complete this work by September 30, 2025.

    MIL OSI USA News –

    April 10, 2025
  • MIL-OSI USA: Cantwell Speaks on Trump’s Latest Tariff Announcement: “We’ve Seen America on a Rollercoaster”

    US Senate News:

    Source: United States Senator for Washington Maria Cantwell

    04.09.25

    Cantwell Speaks on Trump’s Latest Tariff Announcement: “We’ve Seen America on a Rollercoaster”

    Today, Trump announced he’d roll back some tariffs to 10% while spiking his tax on Chinese goods to 125%; 25% on steel, aluminum, autos & auto parts, & other goods from Canada & Mexico remain; On Thursday, Cantwell introduced a bipartisan bill that would reassert Congress’ role in setting & overseeing U.S. trade policy

    WASHINGTON, D.C. – Today, U.S. Senator Maria Cantwell (D-WA), senior member of the Senate Finance Committee and ranking member of the Senate Committee on Commerce, Science, and Transportation, spoke on the Senate floor in response to President Donald Trump’s latest announcement that he would issue a 90-day pause on some tariffs while simultaneously increasing tariffs on Chinese goods.

    “While we’ve seen America on a rollercoaster the last couple of days, I think it also is a reminder that we need to continue to play this oversight role,” Sen. Cantwell said. “The best way to do that is to make sure that Congress continues to play a role in this very important policy.”

    Yesterday, she pressed United States Trade Representative Jamieson Greer on the administration’s slapdash implementation of sweeping tariffs without input or accountability to Congress. Later that evening, she appeared on MSNBC’s All In With Chris Hayes to discuss the chaos wrought by this administration’s tariff policies: “The plan is not clear. The outcome that the President seeks is not clear,” she said.

    A video of her remarks on the floor tonight can be watched HERE; a transcript is HERE.

    Sen. Cantwell introduced a bipartisan bill on Thursday to reaffirm Congress’ key role in setting and approving U.S. trade policy, and reestablish limits on the president’s ability to impose unilateral tariffs.

    READ MORE: The Wall Street Journal: Senators Move to Rein In Trump’s Power on Tariffs

    HEAR MORE: NPR: Sen. Maria Cantwell says there is bipartisan support to rein Trump’s tariffs

    WATCH MORE: Forbes: ‘I Don’t Know What You Think’: Maria Cantwell Laces Into US Trade Rep Over Trump’s Tariffs

    The bill has since picked up 12 additional cosponsors – an equal mix of Republicans and Democrats – and been endorsed by multiple major U.S. business organizations, including the National Retail Federation, which is the largest retail trade association in the world.

    In addition, a bipartisan group has introduced a companion version of Sen. Cantwell’s legislation in the House of Representatives, also cosponsored by equal numbers of Republicans and Democrats.

    The bill restores Congress’ authority and responsibility over tariffs as outlined in Article I, Section 8 of the Constitution by placing the following limits on the president’s power to impose tariffs:

    • To enact a new tariff, the president must notify Congress of the imposition of (or increase in) the tariff within 48 hours.
      • The Congressional notification must include an explanation of the president’s reasoning for imposing or raising the tariff, and
      • Provide analysis of potential impact on American businesses and consumers.
    • Within 60 days, Congress must pass a joint resolution of approval on the new tariff, otherwise all new tariffs on imports expire after that deadline.
    • Under the bill, Congress has the ability to end tariffs at any time by passing a resolution of disapproval.
    • Anti-dumping and countervailing duties are excluded.

    The full bill text is available HERE.

    For the past three months, President Trump has been sowing economic chaos across the country with unpredictable and ever-changing tariff announcements. His back-and-forth announcements and actions, which have whipsawed American businesses and consumers, as well as close neighbors and allies, include:

    • On January 31 — citing punishment for failing to crack down on fentanyl trafficking — the Trump administration announced plans to impose a 25% tax on many goods imported into the U.S. from Canada and Mexico and a 10% tax on goods imported from China, then abruptly postponed those tariffs.
    • In February, he doubled down, announcing an additional 25% tax on all steel and aluminum imports.
    • At 12:01 a.m. ET on March 4, President Trump’s long-promised 25% tariffs on goods from Mexico and Canada and 10% tariff increase on goods from China took effect, causing stock prices in the United States to plummet.
    • Then, on March 5, he announced that automobiles from Canada and Mexico would be exempt from his tariffs for one month.
    • The morning of March 6, he announced that he would suspend the tariffs for some products from Mexico. Then, later that same afternoon, he announced he was suspending most new tariffs on products from both Mexico and Canada until April 2.
    • On March 11, Trump threatened to double tariffs on Canadian steel and aluminum – increasing them to 50% – before reversing himself later the same day.
    • On March 13, he threatened 200% tariffs on alcoholic products from the European Union, including all wine and Champagne.
    • On March 27, he announced plans to impose a 25% tax on all imported sedans, SUVs, crossovers, minivans, cargo vans, and light trucks, as well as some auto parts, beginning on April 2.
    • On March 29, President Trump said, “I couldn’t care less,” if automakers raise the price of cars in response to his tariffs.
    • On April 2, he announced a “National Economic Emergency,” and signed an executive order declaring a 10% minimum baseline tariff on all countries as well as additional tariffs on nearly 60 countries.
    • On April 7, he threatened to impose an additional 50% tariff on China.
    • On April 9, he announced a rollback of his April 2 tariffs down to the 10% baseline across the board, with the exception of China, which he increased to 125%.


    MIL OSI USA News –

    April 10, 2025
  • MIL-OSI USA: Lankford, Colleagues Push for Greater Health Care Access for Oklahomans, the Nation

    US Senate News:

    Source: United States Senator for Oklahoma James Lankford

    WASHINGTON, DC — Senator James Lankford (R-OK) and his colleagues today introduced the Physician Led and Rural Access to Quality Care Act that would amend a ban put in place by the Affordable Care Act (ACA), once again empowering physician-owned hospitals (POHs) to expand and deliver high-quality care to Medicare and Medicaid patients, particularly in rural communities. 

    “Oklahomans and rural communities across the country need more quality health care options,” said Lankford. “This bill lifts the outdated restrictions that have blocked physician-owned hospitals from growing or opening where they’re needed most. Local physicians should be empowered to deliver high-quality, patient-focused care in rural Oklahoma.”

    “When physicians lead hospitals, patients win,” said Dr. Adam Bruggeman, MD, FAAOS, chair of the Advocacy Council at the American Association of Orthopedic Surgeons. “Physician-led hospitals are a powerful solution to the consolidation plaguing our healthcare system. By lifting outdated restrictions on physician ownership, we can drive down costs, improve quality, and expand access to care, especially in underserved rural areas. It’s past time to empower physicians to build healthcare institutions that prioritize patients over profits.”

    “The daily headlines are impossible to ignore,” said Physician-Led Healthcare for America (PHA) President-elect Carlos Cardenas, MD. “Healthcare costs are skyrocketing, rural hospitals are shuttering at alarming rates, and quality and patient satisfaction continue to decline. The status quo is failing us. It’s time to revitalize our healthcare system with a proven solution: physician-led hospitals.” 

    “Across the country, patients in rural communities are struggling to access essential medical care as more rural hospitals are forced to close due to the immense financial strain associated with declining reimbursements and rising medical costs,” said Bruce A. Scott, MD, President of the American Medical Association. “By allowing physicians to invest in and revitalize these hospitals, this legislation has the power to preserve and expand access to critical health care services in the communities that need them most. Physician-led hospitals are known to deliver high-quality, cost-effective care. This is a commonsense solution to a worsening problem. The AMA strongly supports this legislation and urges Congress to pass it as a vital step toward improving health care access for rural patients.”

    Lankford is joined in introducing the bill by Senators Roger Marshall (R-KS), Bill Cassidy (R-LA), Thom Tillis (R-NC), John Cornyn (R-TX), Markwayne Mullin (R-OK), John Boozman (R-AR), John Barrasso (R-WY), and Ted Budd (R-NC). 

    Background

    POHs represent less than five percent of the 5,700 hospitals nationwide. However, POHs have a successful track record of providing individualized and innovative quality care, and they meet a growing demand for health care services, especially in rural areas. Seventy-three percent of POHs with a Centers for Medicare & Medicaid Services (CMS) overall hospital quality star rating earned three or more stars in the program; 26 percent of them have earned five stars.

    In 2023, Sen. Lankford and Dr. Brian J. Miller published an opinion piece in the Wall Street Journal about the importance of including physician-owned hospitals in the litany of quality nonprofit and community-based health care options available to Oklahomans and people around the nation.

    Senator Lankford, a member of the Senate Finance Committee, has also introduced similar legislation, the Patient Access to Higher Quality Health Care Act, many times over the past several years.  

    MIL OSI USA News –

    April 10, 2025
  • MIL-OSI China: US stocks surge after Trump pauses many of his tariffs

    Source: China State Council Information Office

    U.S. stocks skyrocketed on Wednesday after the U.S. President Donald Trump announced a pause on certain “reciprocal” tariffs, triggering a powerful rebound in a market that had been under intense pressure over the past week.

    The Dow Jones Industrial Average jumped 2,962.86 points, or 7.87 percent, closing at 40,608.45. The S&P 500 surged 474.13 points, or 9.52 percent, to 5,456.90 – its largest single-day gain since 2008, while the Nasdaq Composite Index rallied 1,857.06 points, or 12.16 percent, to finish at 17,124.97. It was the Nasdaq’s most significant one-day advance since January 2001 and its second-largest ever.

    All 11 major sectors in the S&P 500 ended higher. Technology and consumer discretionary sectors led the way, climbing 14.15 percent and 11.36 percent, respectively. Utilities, while still strong, posted the smallest gain of the day, rising 3.91 percent.

    Trading volume surged dramatically, with roughly 30 billion shares changing hands – the highest daily volume recorded on Wall Street in the history.

    “I have authorized a 90-day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10 percent, also effective immediately,” Trump posted on his Truth Social. Trump, in the same post, said he was raising the tariff on China higher again to 125 percent.

    Later in the day, U.S. Treasury Secretary Scott Bessent confirmed that the pause would apply to all countries except China. He noted that base tariff rates would revert to 10 percent during the negotiation period, although sector-specific tariffs would stay in place.

    U.S. stocks that had suffered the most under the weight of trade tensions led the market’s comeback. Apple soared more than 15 percent, Nvidia surged nearly 19 percent, and Tesla jumped over 22 percent. Walmart shares also saw a robust rise, gaining 9.6 percent.

    “Given how depressed stock prices and sentiment had become, the 90-day pause is sparking a violent rebound, and delaying implementation certainly removes a giant overhang from the market,” said Adam Crisafulli, Vital Knowledge founder. “But – tariffs are not going away. China’s tariff rate is now in triple digit territory, and who knows what happens in 90 days when this pause concludes.”

    Still, stocks continued to trend upward into the afternoon session. Investor sentiment improved after Bessent announced he would take the lead in upcoming tariff negotiations. Adding to the optimism, Trump took to Truth Social shortly after the market opened, encouraging investors by saying it was “a great time to buy.”

    “This allows for at least a near-term rally, but I would not assume that the bottom has been put in place,” said Sam Stovall, chief investment strategist at CFRA Research. “Fool me once shame on you; fool me five times, shame on me.”

    MIL OSI China News –

    April 10, 2025
  • MIL-OSI: Disclosure of Voting Rights in IDEX Biometrics to Chair, Morten Opstad – 9 April 2025

    Source: GlobeNewswire (MIL-OSI)

    At the close of business on 9 April 2025, Morten Opstad, chair of the board of IDEX Biometrics ASA, held the following voting rights in IDEX Biometrics, for the extraordinary general meeting on 11 April 2025.

    Total 265,382,308 shares or 31.9% of the share capital and votes, including shares held by Mr. Opstad and close relations.

    Some of the proxies may include voting instructions.

    Contact persons
    Marianne Bøe, Head of Investor Relations, Tel.: +47 918 00186
    Kristian Flaten, CFO, Tel.: +47 950 92322
    E-mail: ir@idexbiometrics.com

    About IDEX Biometrics
    IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity.  Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market.

    For more information, visit www.idexbiometrics.com (http://www.idexbiometrics.com)

    About this notice
    This notice was issued by Erling Svela, VP finance, on 10 April 2024 at 02:45 CET on behalf of IDEX Biometrics ASA. The information shall be disclosed according to section 4‑2 of the Norwegian Securities Trading Act (STA) and published in accordance with section 5-12 the Norwegian Securities Trading Act.

    The MIL Network –

    April 10, 2025
  • MIL-OSI USA: Amo Shares Rhode Islander’s Story to Defend Medicaid from Planned Republican Cuts

    Source: US Congressman Gabe Amo (Rhode Island 1st District)

    Al of East Providence shared his fears at Amo’s town hall last week about the possible impact of Republican’s budget plans

    WASHINGTON, DC – Today, Congressman Gabe Amo (RI-01), a member of the House Budget Committee, once again slammed the latest Republican budget resolution, which threatens devastating cuts to critical programs. In his remarks, Amo spoke about the story of Al, a 74-year-old resident of East Providence who relies on Medicaid and Medicare to make ends meet.

    “Despite the overwhelming majority crying out for everyday Americans over the whims of billionaires, clearly Republicans don’t care about the facts or figures. So maybe they’ll listen to my constituent Al,” said Congressman Gabe Amo, a member of the House Committee on Budget, on the House Floor. “Al is a 74-year-old resident of an assisted living facility in East Providence. He is petrified that Republican cuts will force him on the street. Al needs Medicare and Medicaid to make ends meet. Even with assistance, he lives on $120 a month — $30 a week. It’s not fear mongering to say Republican plans would hurt Al.”

    Watch Congressman Amo’s remarks HERE

    BACKGROUND
    Congressman Amo serves on the House Committee on the Budget to fight for budget priorities that reflect Rhode Island values and the needs of working families across the country. The committee is also the first step in the reconciliation process the Republican House majority is using to push the Trump Tax Scam 2.0 — a plan that could cut key programs like SNAP and Medicaid.

    On February 25, 2025, Congressman Amo took to the House Floor to slam the Republican budget resolution that threatens devastating cuts to critical programs.

    On February 24, 2025, Congressman Amo submitted two amendments to the House Committee on Rules to protect SNAP and affirm that Medicaid is a critical program for more than 306,000 Rhode Island residents.

    On February 19, 2025, Congressman Amo visited the Barrington Peck Center for Adult Enrichment where he spoke about his support for critical programs like Medicare and Medicaid. There, Congressman Amo discussed his work on the Budget Committee to protect these programs from Republican cuts.

    On February 20, 2025,Congressman Gabe Amo joined Dean Ashish Jha of Brown University’s School of Public Health to reaffirm his support for funding health care facilities that provide comprehensive primary care to medically underserved communities, as well as his work to protect critical funding for medical research and public health programs under threat due to cuts by the Trump administration.

    During the House Budget Committee markup on February 13, 2025, Congressman Amo offered two amendments to support protecting and extending Medicare’s solvency as well as protect SNAP, the Community Eligibility Provision, the School Breakfast Program, and the National School Lunch Program.

    The Republican budget resolution directs specific committees to achieve spending cuts or increases. Republicans leaked menu of options includes:

    • At least $880 billion in cuts for the Energy and Commerce Committee, which could target Medicaid, Affordable Care Act (ACA) premium assistance, and repeal Inflation Reduction Act policies.
    • At least $330 billion in cuts for the Education and Workforce Committee, which could target student loan programs, income driven repayment, and Pell grants, Head Start, and the Low-Income Home Energy Assistance Program.
    • At least $230 billion in cuts for the Agriculture Committee, which could target SNAP.
    • At least $50 billion in cuts for the Oversight Committee, which could target government employee retirement benefits and changes to federal workforce.
    • At least $10 billion in cuts for the Transportation and Infrastructure Committee, which could target restricting Infrastructure Investment and Jobs Act funding, Essential Air Service, increasing the “tonnage tax” on cargo, and raiding the Oil Spill Liability Trust Fund.
    • At least $1 billion in cuts for the Financial Services Committee, which could target the Consumer Financial Protection Bureau and funding for financial regulators.
    • At least $1 billion in cuts for the Natural Resources Committee, which could include expanded oil and gas leasing and the repeal of Inflation Reduction Act policies. 
    • Up to $4.5 trillion in new spending for the Ways and Means Committee, which could include tax cuts for the top one percent, repeal of Inflation Reduction Act policies, cuts to Temporary Assistance to Needy Families and Social Services Block Grant, cuts in Medicare payments to providers, and cuts to ACA premium assistance.

    ###

    MIL OSI USA News –

    April 10, 2025
  • MIL-OSI USA: Cortez Masto Joins Press Conference Highlighting Bipartisan, Bicameral Legislation to Invest in Local Law Enforcement

    US Senate News:

    Source: United States Senator for Nevada Cortez Masto

    FTPs for TV stations is available here.

    Washington, D.C. – Today, U.S. Senator Catherine Cortez Masto (D-Nev.) spoke at a press conference to highlight the urgent need to pass her bipartisan Invest to Protect Act. She was joined by Representatives Josh Gottheimer (D-N.J.-05) and John Rutherford (R-Fla.-05) who introduced companion legislation in the House of Representatives, as well as by local law enforcement officers.

    “Local police departments are the backbone of public safety for communities across the Silver State, but in conversations with law enforcement officers, I have heard over and over again that they need more resources,” said Senator Cortez Masto. “This bipartisan, bicameral legislation gives small departments across the country a boost in funding for training, recruitment, and mental health support. It’s commonsense, and it’s time to get it done.”

    “The bipartisan Invest to Protect Act will make critical investments in our departments and ensure that our police officers in smaller towns across New Jersey, and our nation, have the resources and training they need to keep themselves and communities safe,” said Congressman Gottheimer. “If you want to make something better, you don’t get there by cutting or defunding. You need to make smart, targeted investments. You must invest, not defund. You can have both justice and public safety. You don’t have to pick between one or the other. This bipartisan legislation will help ensure we have both and protect our communities and officers.”

    “Small police forces are often the most resource constrained agencies and suffer the most from a lack of operational equipment and services,” said Congressman Rutherford. “As a former sheriff and career law enforcement officer, I am proud to join Congressman Gottheimer to reintroduce the Invest to Protect Act in the House to make trainings, retention tools, and mental health care resources more readily available for departments with fewer than 175 officers. It’s important we streamline the grant process for smaller law enforcement agencies to provide them with the resources they need to protect our communities nationwide.”

    The majority of law enforcement agencies in the U.S. are smaller than 175 full-time sworn officers, including all of Nevada’s rural sheriff’s departments and key suburban departments such as the Sparks Police Department. In Nevada and nationwide, these small departments often struggle to access critical resources. Cortez Masto’s bipartisan Invest to Protect Act would establish a grant program through the Community Oriented Policing Services (COPS) program to provide $250 million specifically to help these small law enforcement agencies make meaningful investments in their officers and communities. This bill is endorsed by the Fraternal Order of Police and the National Association of Police Organizations.

    As the former top law enforcement official in Nevada, Senator Cortez Masto has been a leading advocate in the Senate for our police officers and is part of the Senate Law Enforcement Caucus. She has secured historic funding for the Byrne JAG grant program, the leading source of criminal justice funding in the country. Her bipartisan bills to combat the crisis of law enforcement suicide and provide mental health resources to police officers have been signed into law by presidents of both parties. Her BADGES for Native Communities Act, to support the Bureau of Indian Affairs with law enforcement recruitment and retention, passed the Senate last Congress.

    MIL OSI USA News –

    April 10, 2025
  • MIL-OSI USA: Cortez Masto Demands Trump Administration Provide Plan to Address Impact of Trump Tariffs, Other Executive Action on Tourism

    US Senate News:

    Source: United States Senator for Nevada Cortez Masto

    Washington, D.C. – U.S. Senator Catherine Cortez Masto (D-Nev.) sent a letter to U.S. Department of Commerce Secretary Howard Lutnik, U.S. Department of Treasury Secretary Scott Bessent, U.S. Department of Transportation (DOT) Secretary Sean Duffy, U.S. Department of Homeland Security (DHS) Secretary Kristi Noem, National Economic Council (NEC) Director Dr. Kevin Hassett, and Ambassador Jamieson Greer (USTR) demanding they provide their plan to mitigate the economic stress caused by the implementation of President Donald Trump’s tariffs and other executive actions. The Senator especially expressed concern about these efforts and their harms to the Nevada, and broader U.S., travel and tourism industry.

    Nevada is one of the top five states most visited by international travelers, and the industry makes up nearly 16 percent of the state’s economy, generating $23.6 billion in total income. As of 2024, more than 300,000 Nevadans are employed by our tourism industry, including more than 60,000 union members.

    “Among the Trump Administration’s unclear executive orders, actual and threatened executive actions, and the work of the Department of Government Efficiency (DOGE), there has been no transparency about the negative impacts these actions will have on the United States,” wrote the Senator. “These efforts have resulted in damaging trade policies, frozen federal funding, a gutted federal workforce, and have extended Presidential authority beyond legal limits, all creating real consequences for working families, small businesses, and industries. I cannot stress enough the need for the Trump Administration to seriously consider the devastating impacts your actions are having on our nation’s tourism economy.”

    Cortez Masto listed a handful of policies that are having a detrimental impact on the tourism industry, including:

    • the threats and application of tariffs to nations including America’s allies;
    • the increasingly aggressive – and questionably legal – procedures being utilized by U.S. Customs and Border Protection;
    • the freezing or eliminating of federal funding supporting transportation infrastructure, National Parks, and cultural sites;
    • and the firing of employees across the federal government.

    “Because of the lack of transparency regarding the negative impacts of the Trump Administration’s actions, I am writing to underscore a concern about these efforts and their harm on our nation’s travel and tourism sector, request information on how you are mitigating the economic stress, and offer solutions,” continued the Senator. “It is a fact that the travel industry is seeing a noticeable decrease in room bookings, business travel, and recreational visits from both domestic and international travel. This sector is fundamental to my home state of Nevada and its hundreds of thousands of hardworking men and women who work in events, entertainment, and hospitality.”

    The travel and tourism industry represents 2.5 percent of the national Gross Domestic Product and supports over 15 million American jobs. Travel experts estimate the number of people arriving to the U.S. from abroad to decline by 9.4% in 2025 and travel spending to fall 12.3%, resulting in a $22 billion annual loss nationally. The domestic travel industry has seen devastating impacts as well – in February, U.S. consumer spending on air travel dropped 10 percent and spending on hotels dropped 6 percent relative to a year ago.

    Read the full letter here.

    Senator Cortez Masto has continued to push the Trump Administration to address the impacts of Trump’s tariffs on working families. Earlier today, during a Senate Finance Committee hearing, Cortez Masto pressed U.S. Trade Representative Jamieson Greer about the impacts of President Trump’s blanket tariffs on Nevadans, particularly those employed in the tourism and hospitality industry. Earlier this month, the Senator introduced the Tariff Transparency Act to require the U.S. International Trade Commission to investigate how Donald Trump’s recent tariffs on imports from Mexico and Canada will impact the American people and make that information public. Senator Cortez Masto also wrote a letter to Secretary of Defense Hegseth and Secretary of Treasury Bessent demanding answers on the national security impacts on President Donald Trump’s tariffs on Canadian goods.

    MIL OSI USA News –

    April 10, 2025
  • MIL-OSI Security: Schenectady Man Pleads Guilty to Conspiring to Distribute Methamphetamine

    Source: Office of United States Attorneys

    ALBANY, NEW YORK – Christopher Gil, age 48, of Schenectady, pled guilty today to conspiring to possess with intent to distribute and distribute a controlled substance.

    The announcement was made by United States Attorney John A. Sarcone III; Erin Keegan, Special Agent in Charge of the Buffalo Field Office of Homeland Security Investigations (HSI); and Frank A. Tarentino III, Special Agent in Charge, U.S. Drug Enforcement Administration (DEA), New York Division.

    Gil admitted to distributing hundreds of pills containing methamphetamine on three occasions in 2024 and coordinating with his methamphetamine supplier to distribute additional methamphetamine pills.

    At sentencing scheduled for August 7, 2025, Gil faces a maximum term of imprisonment of 20 years, a maximum fine of $1 million, and a term of post-imprisonment supervised release of at least 3 years and up to life. A defendant’s sentence is imposed by a judge based on the statute the defendant violated, the U.S. Sentencing Guidelines, and other factors.

    HSI and DEA investigated this case. Assistant U.S. Attorney Ashlyn Miranda is prosecuting this case. 

    MIL Security OSI –

    April 10, 2025
  • MIL-OSI USA News: Restoring America’s Maritime Dominance

    Source: The White House

    By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered:

    Section 1.  Purpose.  The commercial shipbuilding capacity and maritime workforce of the United States has been weakened by decades of Government neglect, leading to the decline of a once strong industrial base while simultaneously empowering our adversaries and eroding United States national security.  Both our allies and our strategic competitors produce ships for a fraction of the cost needed in the United States.  Recent data shows that the United States constructs less than one percent of commercial ships globally, while the People’s Republic of China (PRC) is responsible for producing approximately half.
    Rectifying these issues requires a comprehensive approach that includes securing consistent, predictable, and durable Federal funding, making United States-flagged and built vessels commercially competitive in international commerce, rebuilding America’s maritime manufacturing capabilities (the Maritime Industrial Base), and expanding and strengthening the recruitment, training, and retention of the relevant workforce.

    Sec. 2.  Policy.  It is the policy of the United States to revitalize and rebuild domestic maritime industries and workforce to promote national security and economic prosperity.

    Sec. 3.  Maritime Action Plan.  (a)  Within 210 days of the date of this order, the Assistant to the President for National Security Affairs (APNSA), in coordination with the Secretary of State, the Secretary of Defense, the Secretary of Commerce, the Secretary of Labor, the Secretary of Transportation, the Secretary of Homeland Security, the United States Trade Representative (USTR), and the heads of executive departments and agencies (agencies) the APNSA deems appropriate, shall submit a Maritime Action Plan (MAP) to the President, through the APNSA and the Director of the Office of Management and Budget (OMB Director) to achieve the policy set forth in this order.
    (b)  The OMB Director, in coordination with the APNSA, shall be responsible for all legislative, regulatory, and fiscal assessments related to the MAP.  
    (c)  The MAP shall, to the extent permissible and consistent with applicable law, including the Buy American Act (41 U.S.C. 8301–8305), reflect actions taken pursuant to sections 4 through 21 of this order.

    Sec. 4.  Ensure the Security and Resilience of the Maritime Industrial Base.  Within 180 days of the date of this order, the Secretary of Defense, in coordination with the Secretary of Commerce, the Secretary of Transportation, and the Secretary of Homeland Security, shall provide to the APNSA and the OMB Director for inclusion in the MAP an assessment of options both for the use of available authorities and resources, such as Defense Production Act Title III authorities, and for the use of private capital to the maximum extent possible to invest in and expand the Maritime Industrial Base including, but not limited to, investment and expansion of commercial and defense shipbuilding capabilities, component supply chains, ship repair and marine transportation capabilities, port infrastructure, and the adjacent workforce.  The Secretary of Defense shall pursue using the Office of Strategic Capital loan program to improve the shipbuilding industrial base.  As part of their assessment, the Secretary of Commerce, the Secretary of Transportation, and the Secretary of Homeland Security shall:
    (a)  identify key maritime components in the supply chain that are essential for rebuilding and expanding the Maritime Industrial Base and that should be prioritized for investment;
    (b)  ensure that their recommendations of public and private investments are made according to a clear metric, derived in consultation with the Assistant to the President for Economic Policy, of return on invested capital for the United States taxpayer and to the economic and national security of the United States; and
    (c)  ensure that their recommendations take into consideration the projected increases to commercial and defense capabilities, the projected growth in economic activity, and the projected benefits for taxpayers and the workforce.

    Sec. 5. Actions in the Investigation of the PRC’s Unfair Targeting of Maritime, Logistics, and Shipbuilding Sectors. (a)  With respect to the actions, if any, that the USTR determines to take consistent with the USTR’s notice of public hearing entitled Proposed Action in Section 301 Investigation of the PRC’s Targeting of the Maritime, Logistics, and Shipbuilding Sectors for Dominance, 90 Fed. Reg. 10843 (February 27, 2025), the USTR shall:
    (i)   coordinate with appropriate agencies to collect additional information, as appropriate and to the extent permitted by law, in support of administering such actions; and 
    (ii)  coordinate with the Attorney General and Secretary of Homeland Security to take appropriate steps to enforce any restriction, fee, penalty, or duty imposed pursuant to such actions.
    (b)  Based on the USTR’s determinations arising out of its Section 301 investigation into the PRC’s targeting of the maritime, logistics, and shipbuilding sectors, the USTR shall also consider taking all necessary steps permitted by law to propose the following actions:
    (i)   tariffs on ship-to-shore cranes manufactured, assembled, or made using components of PRC origin, or manufactured anywhere in the world by a company owned, controlled, or substantially influenced by a PRC national; and
    (ii)  tariffs on other cargo handling equipment.

    Sec. 6.  Enforce Collection of Harbor Maintenance Fee and Other Charges.  In order to prevent cargo carriers from circumventing the Harbor Maintenance Fee (HMF) on imported goods through the practice of making port in Canada or Mexico and sending their cargo into the United States through land borders, and to ensure the collection of other charges as applicable, the Secretary of Homeland Security shall take all necessary steps, including proposing new legislation, as permitted by law to:
    (a)  require all foreign-origin cargo arriving by vessel to clear the Customs and Border Protection (CBP) entry process at a United States port of entry for security and collection of all applicable duties, customs, taxes, fees, interest, and other charges; and
    (b)  ensure any foreign-origin cargo first arriving by vessel to North America clearing the CBP process at an inland location from the country of land transit (Canada or Mexico) is assessed applicable customs, duties, taxes, fees (including the HMF), interest, and other charges plus a 10 percent service fee for additional costs to the CBP, so long as the cargo being shipped into the United States is not substantially transformed from its condition at the time of arrival into the country of land transit (with the discretion for such decisions to be determined by CBP).

    Sec. 7.  Engage Allies and Partners to Align Trade Policies.  Within 90 days of the date of this order, the USTR, in consultation with the Secretary of State and the Secretary of Commerce, shall engage treaty allies, partners, and other like-minded countries around the world with respect to their potential imposition of any actions taken pursuant to sections 5 and 6 of this order.  The USTR shall deliver an engagement plan and progress report on these engagements to the President.

    Sec. 8.  Reduce Dependence on Adversaries through Allies and Partners.  Within 90 days of the date of this order, the Secretary of Commerce, in consultation with the Assistant to the President for Economic Policy, shall recommend to the APNSA and the OMB Director for inclusion in the MAP all available incentives to help shipbuilders domiciled in allied nations partner to undertake capital investment in the United States to help strengthen the shipbuilding capacity of the United States.

    Sec. 9.  Launch a Maritime Security Trust Fund.  In conjunction with the formulation of the President’s Budget, the OMB Director shall, in coordination with the Secretary of Transportation, develop a legislative proposal, which shall be described in detail in the MAP, to establish a Maritime Security Trust Fund that can serve as a reliable funding source to deliver consistent support for MAP programs.  This proposal shall consider how new or existing tariff revenue, fines, fees, or tax revenue could further the goal of establishing a more reliable, dedicated funding source for programs support by the MAP.

    Sec. 10.  Shipbuilding Financial Incentives Program.  In conjunction with the formulation of the President’s Budget and consistent with the findings of the report required under section 12 of this order, the Secretary of Transportation shall submit a legislative proposal to the APNSA and the OMB Director, which shall be described in detail in the MAP, that establishes a financial incentives program with broad flexibility to incentivize private investment in the construction of commercial components, parts, and vessels; capital improvements to commercial vessel shipyards; capital improvements to commercial vessel repair facilities and drydocks through grants; and Federal Credit Reform Act-compliant loans and loan guarantees.  Such proposal may augment or replace existing programs with similar purpose including the Small Shipyard Grant Program and the Federal Ship Financing (Title XI) Program.

    Sec. 11.  Establish Maritime Prosperity Zones.  Within 90 days of the date of this order, the Secretary of Commerce, in coordination with the Secretary of the Treasury, the Secretary of Transportation, and the Secretary of Homeland Security, shall deliver a plan to the President through the APNSA for inclusion in the MAP that identifies opportunities to incentivize and facilitate domestic and allied investment in United States maritime industries and waterfront communities through establishment of maritime prosperity zones.  The proposal shall: (a) model these maritime prosperity zones on the opportunity zones established pursuant to section 13823 of the Tax Cuts and Jobs Act of 2017 (Public Law 115-97, 131 Stat. 2054), which I signed into law during my first Administration;
    (b) include stipulations for appropriate regulatory relief in the establishment of such zones; and
    (c) provide for zones that are outside of traditional coastal shipbuilding and ship repair centers and are geographically diverse, including river regions as well as the Great Lakes.

    Sec. 12.  Report on Maritime Industry Needs.  Within 90 days of the date of this order, the Secretary of Transportation, in coordination with the Secretary of Homeland Security and the heads of other agencies as appropriate, shall deliver a report to the OMB Director and APNSA for inclusion in the MAP that inventories Federal programs that could be used to sustain and grow the supply of and demand for the United States maritime industry.  The report and inventory shall include:
    (a)  any Federal programs that provide financial and regulatory incentives for United States shipping, shipbuilding, and shipbuilding supply chains, including the training of shipbuilders and United States-credentialed mariners; 
    (b)  Maritime Administration programs such as the Tanker Security Program, Cable Security Fleet, Maritime Security Programs, Maritime Environmental and Technical Assistance Program, Title XI, Assistance to Small Shipyards, Port Infrastructure Development Program, the United States Merchant Marine Academy (USMMA), and programs that support the State Maritime Academies;
    (c)  existing domestic cargo preference laws, including the Military Cargo Preference Act of 1904, as amended, (10 U.S.C. 2631) and the Cargo Preference Act of 1954, as amended, (46 U.S.C. 55304), and whether and how they can be used to ensure that United States cargo is transported on United States-built and flagged vessels, including a review of the existing waiver process and all current waivers to ensure they are consistent with the promotion of American domestic shipping;
    (d)  other available means that could further support the industry, including modifications of existing programs, establishment of new programs, and tax and regulatory relief; and
    (e)  in coordination with the National Security Council and the Office of Management and Budget, the costs and benefits of increased cargo preference rates, including on liquid cargo carriers, tankers, and military useful vessels, and options for increasing cargo preference compliance and directing open market procurement of shipping to meet urgent military needs for maritime vessels.

    Sec. 13.  Expand Mariner Training and Education.  Within 90 days of the date of this order, the Secretary of State, the Secretary of Defense, the Secretary of Labor, the Secretary of Transportation, the Secretary of Education, and the Secretary of Homeland Security shall deliver a report to the President through the APNSA for inclusion in the MAP with recommendations to address workforce challenges in the maritime sector through maritime educational institutions and workforce transitions.  
    (a)  In preparing their report, the Secretary of State, the Secretary of Defense, the Secretary of Labor, the Secretary of Transportation, the Secretary of Education, and the Secretary of Homeland Security shall consult, as needed, with industry stakeholders including private industry and labor organizations. 
    (b)  The report shall:
    (i)    include the current number of credentialed mariners and estimate the additional credentialed mariners required to support the policies described in this order;
    (ii)   analyze the impact of establishing new and expanding existing merchant marine academies as a means of educating, training, and certifying the additional credentialed merchant mariners estimated under subsection (b)(i) of this section;
    (iii)  identify any requirements for credentialing mariners that are unnecessary, insufficient, or unduly burdensome and provide recommendations for reform;
    (iv)   inventory existing educational and technical training grants and scholarships to colleges and vocational-technical training institutions for critical shipbuilding specialties and other maritime studies, and provide recommendations for enhancement; and
    (v)    assess the United States Coast Guard credentialing program applicability to United States Navy Active Duty and Reserve sailors to increase opportunities for sailors to transfer into the Merchant Marine with validated skills.
    (c)  Consistent with the findings of the report and in conjunction with the formulation of the President’s Budget, the Secretary of State, Secretary of Defense, the Secretary of Labor, the Secretary of Transportation, the Secretary of Education, and the Secretary of Homeland Security shall deliver a legislative proposal to the APNSA and the OMB Director that:
    (i)    reflects the recommendations of the report required under this section;
    (ii)   establishes national maritime scholarships to send promising maritime experts abroad to learn cutting edge techniques and subjects, such as innovative maritime logistics, clean fuels and advanced nuclear energy, human-machine teaming, and additive manufacturing and other advanced technologies; and
    (iii)  offers scholarships to maritime experts from allied countries to teach at United States institutions. 

    Sec. 14.  Modernize the United States Merchant Marine Academy.  
    (a) The Secretary of Transportation shall: 
    (i) within 30 days of this order consistent with applicable law and available appropriations, take action to hire the necessary facilities staff and reprogram budgetary resources needed to execute urgent deferred maintenance projects and any other mission critical repair works at the USMMA;
    (ii) take immediate action to finalize a long-term master facilities plan (LMFP) for the modernization of the USMMA campus and submit such plan to the APNSA and OMB Director for concurrence; and
    (iii) within 90 days of the concurrence described in subsection (a)(ii) of this section, in consultation with the Department of Government Efficiency, submit a 5-year capital improvement plan (CIP) consistent with the LMFP to the APNSA and OMB Director that includes capital project budgets, schedules, and sequencing, as well as an inventory of deferred maintenance items necessary to sustain campus operations through completion of the CIP.
    (b) All actions taken pursuant to this section shall be detailed in the MAP.

    Sec. 15.  Improve Procurement Efficiency.  Within 90 days of the date of this order, the Secretary of Defense, the Secretary of Commerce, the Secretary of Transportation, the Secretary of Homeland Security, and the Director of the National Science Foundation shall develop a proposal for improved acquisition strategies processes for United States Government vessels and submit such proposal to APNSA and the OMB Director for inclusion in the MAP.  The proposal shall:      (a) have as its objective providing American shipbuilders with market forecasting needed to justify investments in infrastructure, workforce, and intellectual property to meet United States demand;
    (b) include reforms recommended by the Secretary of Defense and the Secretary of Homeland Security related to:
    (i) staff structure and innovations in acquisition strategies that will improve Federal vessel procurement; and
    (ii) reductions of the layers of approval needed to execute, build, and improve the vessel acquisition process, including by utilizing commercial acquisition and modular design practices that reduce complexity and prevent frequent changes to ship designs;
    (c) identify for elimination excessive requirements, including the number of Government reviews and onerous regulations that add to ship design and acquisition delays; and
    (d)  consider use of broad industry standards and American-made readily available parts and components to drive up production volume while shrinking the iterative design process, which historically has led to delays and cost increases.  

    Sec. 16.  Improve Government Efficiency.  Within 90 days of the date of this order, the Department of Government Efficiency shall begin a separate review of the Department of Defense and Department of Homeland Security vessel procurement processes and deliver a proposal to the President, through the APNSA for inclusion in the MAP, to improve the efficiency and effectiveness of these processes.   

    Sec. 17.  Increase the Fleet of Commercial Vessels Trading Internationally under the flag of the United States.  Within 180 days of the date of this order, in conjunction with the formulation of the President’s Budget and consistent with the findings of the report required under section 12 of this section, the Secretary of Transportation shall in coordination with the Secretary of Defense, deliver a legislative proposal to the APNSA and OMB Director for inclusion in the MAP that:
    (a)  is designed to ensure that adequate cubed footage and gross tonnage of United States-flagged commercial vessels can be called upon in times of crisis, while limiting the likelihood of Government waste;
    (b)  provides incentives that will:
    (i)   grow the fleet of United States built, crewed, and flagged vessels that serve as readily deployable assets for national security purposes; and
    (ii)  increase the participation of United States commercial vessels in international trade; and
    (c)  enhances existing subsidies to include coverage of certain construction or modification costs in a manner designed to enhance incentives for the commercial shipping industry to operate militarily useful ships that trade internationally under the flag of the United States.

    Sec. 18.  Ensure the Security and Leadership of Arctic Waterways.  Within 90 days of the date of this order, the Secretary of Defense, in consultation with the Secretary of Transportation, the Secretary of Homeland Security, and the Commandant of the Coast Guard shall develop a strategy that identifies the vision, goals, and objectives necessary to secure arctic waterways and enable American prosperity in the face of evolving arctic security challenges and associated risks, and deliver it to the APNSA for inclusion in the MAP.

    Sec. 19.  Shipbuilding Review.  Within 45 days of the date of this order, the Secretary of Defense, the Secretary of Commerce, the Secretary of Transportation, and the Secretary of Homeland Security shall conduct a review of shipbuilding for United States Government use and submit a report to the President with recommendations to increase the number of participants and competitors within United States shipbuilding, and to reduce cost overruns and production delays for surface, subsurface, and unmanned programs.  This report must include separate itemized and prioritized lists of recommendations for the United States Army, Navy, and Coast Guard and shall be included in the MAP.

    Sec. 20.  Deregulatory Initiatives.  Within 30 days of the date of this order, the Secretary of Defense, the Secretary of Transportation, and the Secretary of Homeland Security shall conduct a review of their regulations, and implementation thereof, across all components pertaining to the domestic commercial maritime fleet and maritime port access to determine where each agency may be able to deregulate within the framework of Executive Order 14192 of January 31, 2025 (Unleashing Prosperity Through Deregulation), to reduce unnecessary costs and clear barriers to emerging technology and related efficiencies.  Each agency will submit a report of its findings to the OMB Director and to the APNSA for inclusion in the MAP.

    Sec. 21.  Inactive Reserve Fleet.  Within 90 days of the date of this order, the Secretary of Defense shall conduct a review and issue guidance on the funding, retention, support, and mobilization of a robust inactive reserve fleet.  This review and guidance shall be delivered to the APNSA for inclusion in the MAP. 

    Sec. 22.  Coordination.  Unless otherwise specified in this order, the plans, reports, reviews, and recommendations that are required to be submitted to the President by this order shall be developed through interagency coordination in accordance with National Security Presidential Memorandum 1 of January 20, 2025 (Organization of the National Security Council and Subcommittees), or its successors.

    Sec. 23.  Severability.  If any provision of this order, or the application of any provision to any person or circumstance, is held to be invalid, the remainder of this order and the application of its provisions to any other persons or circumstances shall not be affected thereby.

    Sec. 24.  General Provisions.  (a)  Nothing in this order shall be construed to impair or otherwise affect:
    (i)   the authority granted by law to an executive department or agency, or the head thereof; or
    (ii)  the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals.
    (b)  This order shall be implemented consistent with applicable law and subject to the availability of appropriations.
    (c)  This order is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.

    THE WHITE HOUSE,
        April 9, 2025.

    MIL OSI USA News –

    April 10, 2025
  • MIL-OSI: Brookfield Business Partners Completes 2024 Annual Filings

    Source: GlobeNewswire (MIL-OSI)

    BROOKFIELD, NEWS, April 09, 2025 (GLOBE NEWSWIRE) —  Brookfield Business Partners L.P. (NYSE: BBU, TSX: BBU.UN) today announced that it has filed its 2024 annual report on Form 20-F, including its audited financial statements for the year ended December 31, 2024, with the SEC on EDGAR as well as with the Canadian securities authorities on SEDAR+. These documents are also available on our website at https://bbu.brookfield.com/bbuc in the Reports & Filings section and a hard copy will be provided to shareholders free of charge upon request.

    Brookfield Business Partners is a global business services and industrials company focused on owning and operating high-quality businesses that provide essential products and services and benefit from a strong competitive position. Investors have flexibility to invest in our company either through Brookfield Business Partners L.P. (NYSE: BBU; TSX: BBU.UN), a limited partnership or Brookfield Business Corporation (NYSE, TSX: BBUC), a corporation. For more information, please visit https://bbu.brookfield.com.

    Brookfield Business Partners is the flagship listed vehicle of Brookfield Asset Management’s Private Equity Group. Brookfield Asset Management is a leading global alternative asset manager with over $1 trillion of assets under management.

    Please note that Brookfield Business Corporation’s previous audited annual and unaudited quarterly reports have been filed on SEDAR+ and EDGAR, and are available at https://bbu.brookfield.com/bbuc under Reports & Filings. Hard copies of the annual and quarterly reports can be obtained free of charge upon request.

    For more information, please contact:

    Media:
    Marie Fuller
    Tel: +44 207 408 8375
    Email: marie.fuller@brookfield.com

    Investors:
    Alan Fleming
    Tel: + 1 (416) 645-2736
    Email: alan.fleming@brookfield.com

    The MIL Network –

    April 10, 2025
  • MIL-OSI USA: Tuberville, Banks Continue Push to Protect American Institutions from Foreign Control

    US Senate News:

    Source: United States Senator Tommy Tuberville (Alabama)

    WASHINGTON – U.S. Senator Tommy Tuberville (R-AL) joined U.S. Senator Jim Banks (R-IN) in cosponsoring the Safeguarding American Education From Foreign Control Act. This bill requires universities to disclose gifts they receive from foreign adversaries, regardless of the amount of the gift or contract. This bill aligns with President Trump’s America First agenda by preventing foreign money and influence from infiltrating our higher education institutions.

    Sen. Tuberville cosponsored this legislation in the 118th Congress.

    “The Chinese Communist Party wants to brainwash our kids and destroy our country — not on my watch,” said Sen. Tuberville. “The CCP has made it clear their plan of action is to infiltrate our education system and indoctrinate our kids. It is astounding that we have allowed universities to get away with taking money from a country that hates us. I was glad to see Troy University in Alabama close its CCP-backed Confucius Institute, and hope other universities will follow their lead. Transparency about how China is funding our schools is not only vital to our national security — our kids’ futures depend on it.”

    “Americans deserve to know if universities are accepting money from our enemies like China, Iran, Russia, and North Korea. This bill delivers that transparency and stops hostile nations from hiding their influence on our campuses,” said Sen. Banks.

    Sens. Tuberville and Banks were joined by Sen. Josh Hawley (R-MO) in cosponsoring the legislation.

    Representative Erin Houchin (R-IN-09) is leading the effort in the U.S. House of Representatives.

    Read full text of the legislation here. 

    BACKGROUND:

    Key Provisions of the Safeguarding American Education from Foreign Control Act are:

    • Requiring Disclosures – Universities Must Report:
      • All gift disclosures from foreign sources associated with a covered nation (Russia, China, Iran, and North Korea)
      • Reports from Section 117 of the Higher Education Act of 1965
      • Investigations enacted by the Department of Education
    • Guaranteeing transparency by ensuring the Department of Education transmits disclosure reports to the FBI, ODNI, and Department of State
    • Enforcing accountability by allowing the FBI and the ODNI to request the DOJ bring forward action for inability to comply with disclosure requirements

    According to the Americans for Public Trust, China donated more than $175 million to American universities last year. 

    In August 2023, Sen. Tuberville joined 19 of his Senate colleagues in sending a letter to the Biden Administration’s Department of Education (ED) expressing outrage for allowing the Chinese Communist Party (CCP) to infiltrate U.S. classrooms through Confucius programming. Confucius programming establishes a partnership between schools, universities, or nonprofits and a Chinese government entity. Expansion of Confucius Classrooms in the United States is a top priority for the Chinese government. A report released in July 2023 shows over 143 United States schools across 34 states and the District of Columbia have received CCP-related funding. Additionally, the report shows the CCP has ties to 20 school districts near United States military bases. Read the letter here. 

    In February 2023, Sen. Tuberville let Troy University know that future funding opportunities would be in jeopardy if they did not end their Confucius Institute program. He was pleased when Troy announced they were closing the program.

    Since assuming office in the U.S. Senate in 2021, Sen. Tuberville has led and supported numerous efforts to protect American resources, farmland, investments, intellectual property, and national security from the growing threat of Communist China.


    Senator Tommy Tuberville represents Alabama in the United States Senate and is a member of the Senate Armed Services, Agriculture, Veterans’ Affairs, HELP and Aging Committees.

    MIL OSI USA News –

    April 10, 2025
  • MIL-OSI USA: Welch Joins 12 Colleagues in Demanding Trump Administration Reverse Course on Tariffs, Provide Relief for Small Businesses 

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)
    Senators called on Trump to reverse course hours before he paused certain tariffs 
    WASHINGTON, D.C. – U.S. Senator Peter Welch (D-Vt.), a member of the Senate Finance Committee, today joined Senator Jacky Rosen (D-Nev.) and 11 of their Senate colleagues in demanding that Secretary of Commerce Howard Lutnick and President Trump immediately reverse course on the sweeping tariffs that are devastating small businesses in Vermont and across the nation. In Vermont, over 99% of businesses that operate in the state are small businesses and employ over 60% of the state’s workforce. 
    In their letter, the Senators emphasized how these new taxes on imported goods are raising prices for hardworking Americans and creating additional challenges for small businesses at a time when high costs are already making it difficult for them to operate.  
    “At a time when our nation is experiencing an unprecedented affordability crisis, President Trump’s decision to impose sweeping tariffs on goods from virtually every country in the world will send a chill through small businesses across the country,” wrote the Senators. “Given this, we urge you to work with the President to immediately reverse course on these broad-based tariffs to end the needless suffering this administration has imposed on small businesses across the country.” 
    “With small businesses already being crushed under the weight of high costs and interest rates, we must do all we can to cut red tape and help them thrive – not create additional affordability challenges and uncertainty,” the Senators continued. “To that end, we respectfully ask that you work with the President to reverse course on the 10% tariffs on all countries, as well as the exorbitantly high reciprocal tariffs placed on others. Failure to do so will raise costs, rob our small businesses of the certainty they rely on and undermine the economic security of small businesses across the country.” 
    In addition to Senators Welch and Rosen, the letter was signed by Senate Democratic Leader Chuck Schumer (D-N.Y.) and Senators Kirsten Gillibrand (D-N.Y.), Martin Heinrich (D-N.M.), Richard Blumenthal (D-Conn.), Jeff Merkley (D-Ore.), Mark Warner (D-Va.), Andy Kim (D-N.J.), Ben Ray Lujan (D-N.M.), Patty Murray (D-Wash.), Gary Peters (D-Mich.), and Maria Cantwell (D-Wash.). 
    Senator Welch has been outspoken in opposing President Trump’s destructive trade war. Last month, Senator Welch convened Vermont and Canadian business leaders for a roundtable near the U.S.-Canada border to discuss President Trump’s Trade War and how the Trump Administration’s reckless tariffs are hurting workers, families, and farmers. In January and February, Senator Welch convened Vermont businesses for roundtables to hear from Vermont businesses and state and local leaders about how the President’s actions reigniting a trade war have impacted their lives and livelihoods. 
    On Tuesday, Senator Welch joined bipartisan colleagues in releasing a resolution to repeal Donald Trump’s chaotic global tariffs. The Senators’ resolution would terminate the emergency that Trump declared in order to slap tariffs of up to 49% on products Americans buy from other countries. Senator Welch has also supported legislation pushing back against Trump’s tariffs, including: 
    The Trade Review Act, bipartisan legislation to reaffirm Congress’ key role in setting and approving U.S. trade policy and reestablish limits on the President’s ability to impose unilateral tariffs without the approval of Congress. 
    The Tariff Transparency Act of 2025, legislation to require the United States International Trade Commission to conduct an investigation and submit a report on the impact on businesses in the United States of duties, and the threat of duties, on imports from Mexico and Canada. 
    A Joint Resolution of Disapproval terminating national emergency related to Canadian energy tariffs, passed by the Senate last week on a bipartisan basis. 
    Read the full text of the letter. 

    MIL OSI USA News –

    April 10, 2025
  • MIL-OSI Security: Previously Convicted Felon Sentenced to More Than 26 Years in Federal Prison for Possessing a Firearm in Connection With Drug Trafficking Fentanyl, Wire Fraud, and Aggravated Identity Theft

    Source: Office of United States Attorneys

    Defendant convicted after trial on drug and firearms offenses and thereafter pled guilty to wire fraud and aggravated identity theft

    Baltimore, Maryland – Today, Chief U.S. District Judge George L. Russell, III, sentenced Ryan E. Dales, 36, of Baltimore, to 26 years in federal prison, followed by five years of supervised release. Dales, a previously convicted felon, was charged with unlawfully possessing a firearm as a felon, possession with intent to distribute fentanyl, possession of a firearm in furtherance of a drug trafficking crime, wire fraud, and aggravated identity theft.

    Kelly O. Hayes, U.S. Attorney for the District of Maryland, announced the sentence with Special Agent in Charge William J. DelBagno of the Federal Bureau of Investigation – Baltimore Field Office, and Special Agent in Charge Troy W. Springer, of the National Capital Region, U.S. Department of Labor, Office of Inspector General (DOL-OIG).

    “Mr. Dales’s criminal activity was callous, dangerous, and with complete disregard for his victims,” Hayes said. “Thanks to our federal, local, and state law-enforcement partners, we’re showing Mr. Dales and others that engaging in criminal activity comes with a price. We’re serious about holding those accountable who commit illegal acts and terrorize our community with fentanyl, firearms, and fraud.  Fortunately, Mr. Dales will have plenty of time to think about his actions while in prison.” 

    “This sentence of 26 years reflects the seriousness of Dales’ actions which include drug and weapon offenses as well as identity theft and fraud schemes. As a repeat offender, Dales knew the consequences of his wrongdoing yet chose to continue dealing drugs and committing crimes,” DelBagno said. “The FBI has no tolerance for repeat offenders who threaten the safety and security of our communities.”

    “Ryan Dales engaged in a multi-faceted pandemic-relief fraud scheme by filing fraudulent UI claims in the names of identity theft victims. Dales stole benefits intended for unemployed American workers who lost their jobs due to the COVID-19 pandemic,” Springer said. “The significant prison sentence imposed today is the direct result of outstanding collaboration with our partners at the U.S. Attorney’s Office for the District of Maryland and the FBI in ensuring the integrity of these critical benefit programs. This is particularly true when it involves firearms and drug trafficking as well as other violent crimes in our communities.”

    On December 9, 2024, a federal jury found Dales guilty of unlawfully possessing a firearm as a felon, possession with intent to distribute fentanyl, and possession of a firearm in furtherance of a drug trafficking crime.  Additionally, Dales faced a second trial on wire fraud and aggravated identity theft charges, but on January 10, 2025, Dales pled guilty to wire fraud and aggravated identity theft.

    According to the evidence presented at trial, on January 20, 2023, authorities arrested Dales pursuant to a federal arrest warrant, and law enforcement executed a federal search warrant the same day at Dales’s residence. Dales resided in a luxury apartment building in Locust Point.  During the search, law enforcement located and seized, among other things, various items used in connection Dales’s illegal business selling drugs, including two loaded firearms, specifically, a stolen Smith & Wesson firearm, and one which was a privately made “ghost gun” Polymer80 9mm firearm with no serial number, and a box containing 28 rounds of 9mm ammunition, including hollow point ammunition. In addition, law enforcement seized numerous packages of controlled dangerous substances, including hundreds of grams of fentanyl packaged for street level distribution, multiple digital scales, sifters, a heat sealer, a bag containing 10,000 empty capsules meant to package drugs, other drug packing materials, various cutting agents, a respirator, and six cell phones.

    Later, Dales voluntarily waived his Miranda rights and admitted to living in his apartment alone and that the firearms seized in his apartment were his.  He also told law enforcement that he was a “very resourceful person,” referring to his livelihood as a drug dealer.  Dales’ DNA was later determined to be present on both firearms and their magazines.

    Law enforcement’s later review of Dales’s cell phones revealed the existence of numerous Telegram chats where he negotiated purchasing drugs and cutting agents from multiple people, including mass producers of fentanyl in China.  Investigators further found evidence that about a month before the execution of the search warrant, Dales traveled to Boston with a firearm (identical in appearance to the ghost gun found in his apartment) and a bag full of cash to purchase drugs. Dales’s device search history included searches for where fentanyl is produced in China, how to dye powders, and how many bullets a Smith and Wesson M&P 9c firearm — the same type seized from his apartment — can hold.  

    After his conviction at trial on the drug and firearms offenses, Dales pled guilty to a fraud scheme in which he used victims’ identities to obtain various high-end lawnmowers on credit and received fraudulent unemployment insurance (UI) benefits.  From December 2020 through September 2022 — while serving a federal sentence for bank-fraud conspiracy and aggravated identity theft — and living in a halfway house while on federal supervised release in the District of Maryland, Dales engaged in various fraudulent schemes. Dales attempted to defraud the State of Maryland, Maryland Department of Labor (MD-DOL), the Small Business Administration, and various businesses and financial institutions to obtain more than $25,000 in unlawful COVID-19 benefits funds though the submission of fraudulent claims for UI benefits; more than $95,000 worth of high-end riding lawn mowers on credit using the stolen personal identifiable information (PII) of seven victims information —such as names, dates of birth, social security numbers, and addresses of real persons — and attempting to fraudulently obtain an $8,000 Economic Injury Disaster Loan (EIDL).

    During the execution of the residential search warrant, law enforcement seized various items used in connection with Dales’s fraud and identity theft schemes, including multiple computers, an embosser and ID card printer, laminate sheets with security holograms, gift cards in various denominations, a card printer and card reader, bulk packages of shrink-wrapped white PVC cards; and multiple fraudulent and fabricated South Carolina driver’s licenses made by Dales containing PII of various victims, but which displayed Dales’s photograph.

    Dales used the fabricated driver’s licenses in connection with the fraudulent purchases of riding mowers and other impermissible uses.  He also obtained the identity theft victims’ PII on the dark web. The total amount obtained by Dales from the UI fraud scheme, as well as the fraudulent purchase of the lawnmowers on credit was $121,242.51.

    This case is part of Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce violent crime and gun violence, and to make our neighborhoods safer for everyone. On May 26, 2021, the Department launched a violent crime reduction strategy strengthening PSN based on these core principles: fostering trust and legitimacy in our communities, supporting community-based organizations that help prevent violence from occurring in the first place, setting focused and strategic enforcement priorities, and measuring the results.

    The District of Maryland Strike Force is one of five strike forces established throughout the United States by the U.S. Department of Justice to investigate and prosecute COVID-19 fraud, including fraud relating to the Coronavirus Aid, Relief, and Economic Security (CARES) Act.  The CARES Act was designed to provide emergency financial assistance to Americans suffering the economic effects caused by the COVID-19 pandemic.  The strike forces focus on large-scale, multi-state pandemic relief fraud perpetrated by criminal organizations and transnational actors.  The strike forces are interagency law enforcement efforts, using prosecutor-led and data analyst-driven teams designed to identify and bring to justice those who stole pandemic relief funds.

    For more information on the Department’s response to the pandemic, visit https://www.justice.gov/coronavirus.  Anyone with information about allegations of attempted fraud involving COVID-19 can report it by calling the Department of Justice’s National Center for Disaster Fraud (NCDF) Hotline at 866-720-5721 or via the NCDF Web Complaint Form at: https://www.justice.gov/disaster-fraud/ncdf-disaster-complaint-form.

    U.S. Attorney Hayes commended the FBI and DOL-OIG for their work in connection with the investigation.  Ms. Hayes also thanked Assistant U.S. Attorneys Paul A. Riley and Reema Sood, who prosecuted the federal case.  She also recognized the assistance of the Maryland COVID-19 Strike Force Paralegal Specialist Joanna B.N. Huber.

    For more information about the Maryland U.S. Attorney’s Office, its priorities, and resources available to help the community, visit www.justice.gov/usao-md and https://www.justice.gov/usao-md/community-outreach

    # # #

    MIL Security OSI –

    April 10, 2025
  • MIL-OSI: Aether Holdings Announces Pricing of Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) — Aether Holdings, Inc. (“we,” “us,” “our,” “Aether,” or “the Company”), an emerging financial technology holding company offering software, data, and artificial intelligence technology to institutional and self-directed investors, today announced the pricing of its initial public offering (IPO) of 1,800,000 shares of its common stock at a price to the public of $4.30 per share. In addition, Aether has granted the representatives of the underwriters a 30-day option to purchase up to an additional 270,000 shares of common stock at the initial public offering price, less underwriting discounts and commissions.

    Aether’s common stock has been approved for listing and is expected to begin trading on the Nasdaq Capital Market under the ticker symbol “ATHR” on Thursday, April 10, 2025. The offering is expected to close on April 11, 2025, subject to customary closing conditions.

    Aether expects to receive gross proceeds of approximately $7,740,000 from the offering, before deducting underwriting discounts and commissions and other offering expenses, or approximately $8,900,000 if the underwriters exercise their overallotment option in full. Aether intends to use the net proceeds from the offering to further the design and development of its products, fund sales and marketing expenses, hire additional employees in the areas of finance and accounting, sales and marketing, securities research and copy editing, and for general corporate purposes and working capital.

    The Benchmark Company, LLC and Axiom Capital Management, Inc. are acting as the joint book-running managers for the offering.

    A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission and became effective on April 9, 2025. The proposed offering will be made only by means of a prospectus. Copies of the final prospectus, when available, may be obtained from The Benchmark Company, LLC, 150 East 58th St., 17th Floor, New York, NY 10155, by telephone: (212) 312-6700, or by email at prospectus@benchmarkcompany.com.

    This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    About Aether Holdings, Inc.
    Aether Holdings, Inc. is an emerging financial technology holding company focused on transforming the way investors navigate the markets. Leveraging decades of market expertise and cutting-edge technology, Aether delivers proprietary tools, data, and research to empower traders with actionable insights and enhanced decision-making capabilities.

    The company’s flagship platform, SentimenTrader.com, is designed to serve both retail and institutional investors by offering advanced sentiment analysis through the use of machine learning (ML) and artificial intelligence (AI) capabilities. With over 20 years of sentiment data integrated into its systems, Aether aims to provide its users with a powerful combination of technology and expertise, enabling them to make informed decisions to level-up their trading in the markets.

    Aether Holdings is committed to building an ecosystem that supports smarter, data-driven trading strategies, reinforcing its mission to empower the investing community and redefine excellence in fintech.

    Find out more about Aether Holdings at https://helloaether.com/

    Cautionary Note Regarding Forward Looking Statements

    This news release and statements of Aether’s management in connection with this news release or related events contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expected”, “anticipates”, “intends”, “plans”, “believes”, “potential”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. These forward-looking statements (which includes statements regarding the commencement of trading in our common stock and the closing of the offering described herein) are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve known and unknown risks, uncertainties and other factors, which may be beyond our control. For Aether, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following which are, and will be, exacerbated by any worsening of global business and economic environment: the impact of governmental laws and regulations, including the regulation of artificial intelligence; our failure to maintain and protect our reputation for trustworthiness and independence; our ability to develop new products or effectively market our products and services; our ability to continue to evolve and adapt our technology, including further adoption of artificial intelligence and machine learning techniques; our ability to attract new users and to persuade existing users to renew their subscriptions with us and to purchase higher subscription tiers from us; our ability to expand the coverage of our products to include foreign markets and additional types of financial instruments; our future capital needs; our ability to expand our revenue streams beyond the subscriber model; difficulties with third-party services we rely on or will rely on; and similar risks and uncertainties associated with the business of a start-up business operating a in a regulated industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

    Company Contact
    Frank Cid
    (347)-363-0886
    ir@helloaether.com

    Investor Relations Contact
    Matthew Abenante, IRC
    President
    Strategic Investor Relations, LLC
    (347)-947-2093
    matthew@strategic-ir.com

    Media Contact
    Jessica Starman, MBA
    media@helloaether.com

    The MIL Network –

    April 10, 2025
  • MIL-OSI United Kingdom: First-ever MHRA analysis of UK clinical trial applications finds new opportunities to drive medical breakthroughs for patients

    Source: United Kingdom – Government Statements

    Press release

    First-ever MHRA analysis of UK clinical trial applications finds new opportunities to drive medical breakthroughs for patients

    New analysis of the current clinical trial landscape in the UK shows clear opportunities to shape the future of medical research and patient care.

    The first-ever analysis of the UK clinical trial landscape by the Medicines and Healthcare products Regulatory Agency (MHRA) and the University of Liverpool reveals the UK is a global leader in clinical research – and sets out key opportunities to deliver even more life-changing treatments for patients.

    Published today in the British Journal of Clinical Pharmacology, the report offers the most detailed picture yet of the UK’s clinical trials landscape. It finds strong innovation – but also a concentration of research in certain disease areas, and opportunities for increased representation of certain patient groups.

    A roadmap for stronger, more inclusive research

    The MHRA is using the insights to build upon the country’s world-leading clinical research and deliver its new clinical trials regulations to create a more efficient, streamlined and adaptable regulatory framework. Working in partnership with patients, the NHS, industry and academia, the MHRA will support increased research into underrepresented conditions, improve diversity in trial participation, and attract further global investment in innovation.

    Professor Andrea Manfrin, lead author of the study and MHRA Deputy Director, Clinical Investigations and Trials, said:

    “Clinical trials are the backbone of medical progress, essential for developing new medicines and advancing our understanding of diseases. This analysis shows clearly where the UK is leading – and where we need to work with our stakeholders to go further. By working together with patients, the NHS, industry, and researchers across the life sciences ecosystem to identify and maximise these opportunities, we can ensure clinical trials are faster, fairer, and more inclusive. Better trials mean better, more effective treatments, reaching NHS patients as quickly and as safely as possible.”

    Professor Sir Munir Pirmohamed, co-author of the study at the University of Liverpool, said:

    “The analysis from the MHRA clinical trials database shows the richness of UK clinical trial activity involving medicines. Importantly it also provides a baseline which can be used to increase future UK clinical trial activity, which is important for improving both patient outcomes and economic investment.”

    With the global clinical trials market expected to nearly double to over £80 billion by 2032, insights from the analysis will help shape policies that can bring innovative, new medicines to patients, attract investment, accelerate medical innovation, and expand trial access for UK patients. 

    Key findings from the MHRA and University of Liverpool’s analysis of all 4,616 clinical trials submitted between 2019 and 2023:

    • The UK is a hub for pioneering research, with one in eight trials testing treatments in humans for the first time. There is strong commercial investment in UK trials, with 85% industry sponsored. A smaller share (15%) comes from universities, hospitals, and charities.
    • Cancer trials dominate, making up nearly a third of all studies, but other major diseases lag behind. Heart disease – the world’s biggest killer – receives just 5.2% of research focus. Trials for conditions such as chronic pain, respiratory conditions and mental health disorders were among the least common, despite their major impact on public health.
    • Both sexes were included in most trials (90%), however male-only trials (6.1%) were nearly twice as common as female-only studies (3.7%).  Pregnant and breastfeeding women were represented in 1.1% and 0.6% of trials, respectively, which could impact treatment suitability for these groups.
    • Cutting-edge treatments, such as gene and cell therapies, represent a growing clinical area but make up only 3.4% of trials, despite their potential to transform care for patients with limited treatment options.

    Partnership working to strengthen UK clinical research

    The report sets a baseline to track progress and inform future funding, policy and regulation. The MHRA is already working with partners across the life sciences sector to increase research and streamline approvals in areas of unmet need through the Innovative Licensing and Access Pathway (ILAP); improve diversity in trial participation through the development of joint guidance with the Health Research Authority (HRA) so trials reflect the populations they aim to serve; and support more advanced therapy trials through collaboration with researchers via the Centres of Excellence for Regulatory Science and Innovation (CERSIs).

    These initiatives form part of wider clinical trials reform, including new legislation we are committed to implementing that will streamline how clinical trials are run in the UK. Backed by the MHRA and healthcare system partners, the changes aim to protect patient safety, boost global investment, and cut unnecessary red tape – helping bring new treatments to patients faster.

    As the government pushes forward the development of the Life Sciences Sector Plan and the 10 Year Health Plan, these findings come at a crucial time. They can be used to shape policies that ensure clinical trials deliver maximum benefit for patients, the NHS and the wider economy.

    Health Minister Karin Smyth said:

    “The government is determined to make Britain a world leader in life sciences, developing groundbreaking treatments focused on the conditions that matter most to patients.

    “As part of our Plan for Change, we’re laying the foundations for a modern, resilient health system that delivers, which is why the Prime Minister announced £520 million investment this week to turbocharge medical research.

    “By driving forward research and expanding access to clinical trials, we can ensure patients benefit from cutting-edge treatments quicker, while creating high-quality jobs and attracting global investment.

    “Strengthening the trial environment will help ensure we have an NHS fit for the future – one that harnesses innovation to improve outcomes for patients.”

    Science Minister Lord Vallance said:

    “As home to a thriving life sciences sector and the NHS, the UK is uniquely placed to host the trials and research that are taking the fight to a host of devastating health conditions. But as this data shows, we can go further and move faster through targeted investment, and smart regulation.

    “We are committed to doing precisely that – through this year’s record £13.9 billion funding for R&D in life sciences and beyond, as well as the efforts of our new Regulatory Innovation Office. We must make sure that trials of new medicines are available to everyone to take part.”

    Matt Westmore, Health Research Authority Chief Executive:

    “Health and social care research should be done with, and for, everyone.

    “We know that trials that involve a diverse group of participants help provide a better understanding of how effective a treatment is for different groups of people. In turn this helps us support efforts to address health inequalities.

    “We are pleased to be working alongside the MHRA to develop new guidance designed to make it easier for researchers to ensure they are designing trials that are more representative of the people it is for and about.”

    Lawrence Tallon, MHRA Chief Executive, said:

    “This first-of-its-kind analysis builds on our important work to strengthen clinical research in the UK. We are committed to implementing a flexible and risk-proportionate regulatory approach for clinical trials, which accelerates patient access to potentially life-saving medicines without compromising safety.

    “We’re making the UK one of the best places in the world to run clinical trials, with combined review approval times with the Health Research Authority now at 60 days or less for all trials. These changes not only benefit patients today but are laying the groundwork to accelerate innovation and deliver life-changing treatments to patients faster.”

    The MHRA will continue tracking progress and working with its partners to ensure the UK remains a world leader in medical research, keeping patient safety at the heart of clinical trials.

    Notes to editors 

    1. Publication: Andrea Manfrin et al. (2025) ‘Analysis of 4616 clinical trial initial submissions received by the MHRA between February 2019 and October 2023’ British Journal of Clinical Pharmacology. DOI: 10.1002/bcp.70061.
    2. This analysis includes all 4,616 initial clinical trial submissions of investigational medicinal products (CTIMPs) received by the MHRA Clinical Trials Unit between February 2019 and October 2023. Other types of studies, such as non-CTIMPs, are not under the MHRA’s remit. For further information, please refer to the publication.
    3. Patients, the NHS and the Life Sciences sector set to benefit from new clinical trials framework being laid in parliament today – GOV.UK
    4. Commercial clinical trials in the UK: the Lord O’Shaughnessy review – GOV.UK
    5. https://www.who.int/news-room/fact-sheets/detail/the-top-10-causes-of-death
    6. The Medicines and Healthcare products Regulatory Agency (MHRA) is responsible for regulating all medicines and medical devices in the UK by ensuring they work and are acceptably safe. All our work is underpinned by robust and fact-based judgements to ensure that the benefits justify any risks. 
    7. The MHRA is an executive agency of the Department of Health and Social Care. 
    8. For media enquiries, please contact the newscentre@mhra.gov.uk, or call on 020 3080 7651.

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    Published 10 April 2025

    MIL OSI United Kingdom –

    April 10, 2025
  • MIL-OSI USA: DAUPHIN COUNTY – Shapiro-Davis Administration andStatewide Advocates Highlight Victims’ Rights Week, Governor Shapiro’s Proposed $9 Million Investment in Victim Compensation

    Source: US State of Pennsylvania

    April 10, 2025 – Harrisburg, PA

    ADVISORY – DAUPHIN COUNTY – Shapiro-Davis Administration andStatewide Advocates Highlight Victims’ Rights Week, Governor Shapiro’s Proposed $9 Million Investment in Victim Compensation

    In honor of National Crime Victims’ Rights Week, the Pennsylvania Commission on Crime and Delinquency (PCCD) and Office of Victim Advocate will team up with statewide victim service organizations to highlight the importance of supporting survivors of crime, raising awareness of their rights, and Governor Shapiro’s proposed $9 million investment in the Victims Compensation Assistance Program (VCAP) in the 2025-26 state budget.

    Over the past five years, PCCD has paid more than 67,000 VCAP claims totaling $67 million to financially support victims of crime across all 67 Pennsylvania counties with medical costs, counseling, relocation, and more.

    WHO:
    Kathy Buckley, Office of Victims’ Services Director, PCCD
    Suzanne Estrella, Pennsylvania Victim Advocate
    Rebecca Buckham, Communications Manager, Children’s Advocacy Centers of PA
    Gabriella Romeo, Public Policy Director, PA Coalition to Advance Respect
    Jenna Mehnert Baker, Policy Director, PA Coalition Against Domestic Violence

    WHEN:
    Thursday, April 10, 2025 at 2 PM

    WHERE:
    PCCD Headquarters
    3101 North Front Street
    Harrisburg, PA 17110

    RSVP:
    Press who are interested in attending must RSVP to algantz@pa.gov.

    MIL OSI USA News –

    April 10, 2025
  • MIL-OSI USA: Cantwell Presses NASA Nominee to Stand Up for Science, Support Artemis Moon Missions

    US Senate News:

    Source: United States Senator for Washington Maria Cantwell
    04.09.25
    Cantwell Presses NASA Nominee to Stand Up for Science, Support Artemis Moon Missions
    WA’s 1,500 aerospace companies deliver $4.6B in economic output
    WASHINGTON, D.C. – Today, U.S. Senator Maria Cantwell (D-WA), ranking member of the Senate Committee on Commerce, Science, and Transportation and senior member of the Senate Finance Committee, pressed Jared Isaacman – President Trump’s nominee to serve as NASA Administrator — on his commitment to protect critical NASA programs from DOGE cuts and support the Artemis mission.
    “The more [the budget] gets slashed and burned by different approaches, by DOGE, the more harmful it can become to people undermining the support for the mission overall … So do you believe that we should have a reduction in workforce or the science budget?” asked Sen. Cantwell.
    Isaacman was non-committal in his response: “Senator, I read what’s on NASA Watch and in the news, like everybody else. If I’m confirmed, I am eager to understand all of the considerations, the discussions being made about a reorganization.”
    Last month, it was reported that the President’s FY2026 budget could slash NASA’s science funding by up to 50%. Cuts in funding could severely threaten critical science and research programs across the administration.
    Sen. Cantwell then asked Isaacman about his commitment to supporting the Artemis missions. Over 42 companies in Washington state and 2,000 jobs are directly tied to supporting the Artemis program: “Do you support the continued Artemis mission with the Space Launch System?”
    “Senator, I believe that is currently the plan… I think the real question is, again, why has it taken so long? Why does it cost so much money?” replied Isaacman.
    “But in the issue of, are we going to commit to this? I think [Artemis] and the [lunar] lander redundancy … people see that as a we’re going to the moon and we’re going to get this done. Not this discussion of, we’re going to skip these things, shortchange this, and then we’re going to focus on Mars in a different route. That’s what I’m trying to get from you,” responded Sen. Cantwell.
    Sen. Cantwell is a champion for American leadership in space exploration. In March, Sen. Cantwell joined her colleagues in introducing the bipartisan NASA Transition Authorization Act of 2025, which sets clear near-term priorities for NASA programs, advances American leadership in deep space exploration, prevents a gap in low Earth orbit leadership and capability, and upholds scientific ingenuity.
    In July 2023, Sen. Cantwell brought NASA Administrator Bill Nelson, regional aerospace industry leaders, STEM education leaders, and students together for a Washington State Space Summit, held at Blue Origin HQ in Kent. The summit included a trade show with 20 space companies, industry groups, and educators from across the State of Washington followed by a panel discussion.
    In 2022, Sen. Cantwell celebrated the successful launch of NASA’s Artemis I mission. Washington state contributes significantly to the Artemis program with 42 companies providing components either for Artemis I or for later Artemis missions, including General Dynamics in Bothell, Aerojet Rocketdyne in Redmond, Blue Origin in Kent, and Toray Composites Material in Tacoma. A full list of Washington companies supporting the Artemis program is available HERE.
    In November 2019, Sen. Cantwell co-sponsored the bipartisan NASA Authorization Act of 2020, which aimed to recognize the Artemis missions in U.S. law for the first time. To provide certainty and stability for the program, language authorizing the Artemis missions and requiring NASA to establish stringent oversight requirements was eventually incorporated into the CHIPS & Science Act, which Cantwell spearheaded through Congress. The CHIPS & Science Act was signed into law on August 9, 2022. 
    Video of Sen. Cantwell’s Q&A today are available HERE, audio HERE, and a full transcript is HERE.
    Video of Sen. Cantwell’s opening remarks are available HERE, audio HERE, and a full transcript is HERE.

    MIL OSI USA News –

    April 10, 2025
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