Category: housing

MIL-OSI USA: WATCH: Padilla Votes Against Advancing Attorney General Nominee Pam Bondi

US Senate News:

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

WATCH: Padilla criticizes Bondi’s ability to serve as an independent Attorney GeneralWASHINGTON, D.C. — Today, U.S. Senator Alex Padilla (D-Calif.), a member of the Senate Judiciary Committee, voted against advancing the nomination of Pamela Jo Bondi to be U.S. Attorney General during a Senate Judiciary Committee (SJC) executive business meeting. In his remarks, Padilla voiced serious concerns over Bondi’s ability to run the Department of Justice independently from President Trump’s improper influence, especially given her support for Trump’s false claims of 2020 presidential election fraud. He criticized Bondi for her refusal to commit to defending birthright citizenship as clearly defined by the 14th Amendment after President Trump issued an unlawful Executive Order attempting to overturn the constitutional right.
The Senate Judiciary Committee voted to advance Bondi’s nomination on a party-line vote of 12-10.
Key Quotes:
Colleagues, after carefully evaluating Ms. Bondi’s record and after her testimony before this committee, I continue to have significant reservations about her ability to serve as an independent Attorney General who will put her duty to the Constitution and to the American people above her loyalty to President Trump. So for that reason, I’m unable to support Ms. Bondi’s nomination to serve as our nation’s chief law enforcement officer.
I was particularly struck by the fact that despite practicing law for decades, two terms as Attorney General of the State of Florida, private practice experience, despite all that, Ms. Bondi claimed to be unfamiliar with the 14th Amendment and the citizenship clause within it? She and I discussed the very issue when we met one-on-one, it’s clearly been in the news, and when given the opportunity to discuss it during the hearing, here in public, she refused to answer. Even worse, offensively, either claimed that she needed to study or telling me that she was not going to be doing my homework. Colleagues, in that moment, I wasn’t asking her to do my homework. I was asking her if she did hers.
The law is clear. The Constitution is clear. But what’s increasingly clear is that when push comes to shove, Pam Bondi is not the kind of person who will defend the Constitution, defend the 14th Amendment, or defend Americans when the President instructs otherwise.
There were some glimmers of potential agreement in areas that I’d be hopeful to maybe agree and work together on. Things like tackling the threat and the dangers of human trafficking. Things like her positions on gun safety, building on some of the work in the state of Florida, where she served as Attorney General, that seemed to be commonsense ideas that can and should be spread across the country. But instead of focusing on those, Ms. Bondi kept coming back to her unwillingness to answer some key questions.
I remain deeply concerned about Ms. Bondi’s willingness to go on national television and propagate lies about the results of a free and fair election despite a total lack of evidence. I raised this during the hearing, colleagues, as you recall, not because they were political talking points that she was pushing that I might have happened to disagree with, but they were outright lies that pose a real threat to our democracy, a threat to voters, and a threat to the election workers who dedicate themselves to administering our elections.
Ms. Bondi will face far more daunting challenges as Attorney General to shield the department’s work and professional civil servants from politicization and weaponization, and we’ve seen what’s happened just in the last couple of days as evidence of what will continue to happen. It is not hypothetical. Look at the President’s activities this last week alone. Despite some of my colleagues’ assurances that he would refrain, President Trump has issued roughly 1,500 blanket pardons for January 6th insurrectionists and commuted the sentences of 14 of his supporters, including those convicted of violence against police officers.
The American people need and deserve to have faith that the Department of Justice enforces the law fairly, neutrally, and free from political interference. We need and deserve an Attorney General who will push back against illegal, immoral, and unethical requests. And unfortunately, I don’t believe Ms. Bondi is up to the task.
Bondi was one of the leading defense lawyers for President Donald Trump during his first impeachment trial. She traveled to Philadelphia, Pennsylvania, the day after the general presidential election in 2020 to appear alongside Rudy Giuliani where she falsely asserted that Trump had won Pennsylvania despite there being at least 1 million outstanding ballots still left to count. She has continued to double down in her support of President Trump’s false claims of election fraud.
Padilla pressed Bondi for refusing to uphold the constitutionally guaranteed principle of birthright citizenship and declining to disavow the false claim that the 2020 election was stolen during an SJC hearing earlier this month.
Video of Senator Padilla’s remarks is available here.
Footage of his remarks can be downloaded here.

MIL OSI USA News –

January 30, 2025
MIL-OSI USA: Murkowski, Klobuchar Reintroduce Bill to Support Individuals Living with FASD

US Senate News:

Source: United States Senator for Alaska Lisa Murkowski
01.29.25
Washington, DC – U.S. Senators Lisa Murkowski (R-Alaska) and Amy Klobuchar (D-Minnesota) reintroduced the Fetal Alcohol Spectrum Disorders (FASD) Respect Act of 2025, legislation which reauthorizes programs and funding to aid individuals and families impacted by Fetal Alcohol Spectrum Disorders.
“We made significant progress on this bill in the 118th Congress, and we were close to getting this legislation across the finish line. That momentum has only motivated Senator Klobuchar and I to work even harder to reauthorize this critical bill,” said Senator Murkowski. “Preventing and mitigating the risks posed by FASD requires comprehensive education, support, and intervention programs. Ensuring communities have access to these resources has the potential to make a genuine difference in the lives of families across Alaska.”
“Fetal Alcohol Spectrum Disorders affects at least one in 20 people in the U.S., and too many lack access to diagnosis, treatment, and support services,” Senator Klobuchar said. “Our bill will renew federal resources for programs that support evidence-based services for families that need access care and help put impacted children on the best path forward towards a successful future.”
“I first became aware of FASD over 2 ½ decades ago while serving as Minnesota’s First Lady and a Juvenile Court judicial officer,” said Susan Shepard Carlson, FASD United Board Chair. Many youths from families with long substance use histories were failing and not responding to traditional interventions. It became clear then and is still true today that our systems of care are failing this population by not recognizing and/or understanding their FASD complex needs. As a country, we can and should do so much better for those with an FASD and their families. The FASD Respect Act will bring much-needed focus and resources to systemically address this huge societal problem. The FASD community thanks the Senate sponsors for leading the charge to enact this much-needed bipartisan FASD legislation.”
“Thanks to the determined efforts of Senators Murkowski and Klobuchar we have a bill that balances ongoing research and public health with vital, overdue direct assistance benefiting children and adults living with FASD. A bill that all lawmakers can support and one that respects and ranks first the needs of a grateful and deserving FASD community,” said Tom Donaldson, CEO of FASD United.
The FASD Respect Act of 2025:
Reauthorizes federal FASD programs by directing the Secretary of Health and Human Services to establish or continue a comprehensive FASD prevention, identification, intervention, and services delivery program which may include:
Educational and public awareness programs for professionals in systems of care
Developing and expanding screening and diagnostic capacity for FASD
Research on FASD as appropriate
Building State and Tribal capacity for the identification, treatment, and support of individuals with FASD and their families
Establishes Fetal Alcohol Spectrum Disorders Centers for Excellence to build local, Tribal, State, and national capacities to prevent the occurrence of FASD and other related adverse conditions, and to respond to the needs of individuals with FASD and their families. These Centers may:
Develop and support public awareness and outreach activities
Act as a clearinghouse for evidence-based resources on FASD prevention, identification, and culturally aware best practices
Disseminate ongoing research and developing resources on FASD to help inform systems of care for individuals with FASD across their lifespan.
Increase awareness and understanding of evidence-based FASD screening tools and culturally- and linguistically appropriate evidence-based intervention services and best practices across systems of care
Improve capacity for State, Tribal, and local affiliates dedicated to FASD awareness, prevention, and identification and family and individual support programs and services (technical assistance provided by FASD Center of Excellence).

MIL OSI USA News –

January 30, 2025
MIL-OSI USA: Tuberville Praises Alabama Students, Teachers for Leading the Nation in Math Education Improvement

US Senate News:

Source: United States Senator Tommy Tuberville (Alabama)
Alabama was only state with improvements in post-COVID math scores
WASHINGTON – Today, U.S. Senator Tommy Tuberville (R-AL), Alabama’s voice on the U.S. Senate Committee on Health, Education, Labor and Pensions (HELP), issued the following statement celebrating Alabama being the only state with improvements in post-COVID math scores among fourth graders:
“Our children have suffered emotionally and cognitively because of Democrat lockdowns during the COVID pandemic. In many states, students were unnecessarily forced out of the classrooms to learn at home, where many of them didn’t have access to adequate technology and resources. While schools across the nation are still struggling to overcome this setback, Alabama is leading the way in math progress among fourth graders. This is a testament to Alabama’s dedicated educators who were unwavering in their dedication to equipping our students with the tools to succeed. I couldn’t be more proud of Alabama’s progress, and know that we will continue to lead the way in setting the gold standard for education.”
The statement follows a disturbing report from the 2024 National Assessment of Educational Progress (NAEP) that shows students have not recovered to pre-pandemic levels of achievement, and in some cases have declined further. Alabama was the ONLY state that did not see a decline in post-COVID math scores among fourth graders.
Senator Tuberville has been a strong advocate for returning students to the classroom, and continues to be a leader in the fight for school choice.
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 –

January 30, 2025
MIL-OSI Australia: Australian Deputy PM: Building the Northern Territory’s Future

Source: Minister of Infrastructure

The Albanese Government is building Australia’s future, investing more than $24 million for crucial infrastructure and community facilities across the Northern Territory.

The Government is committed to delivering more homes and is investing $7 million to deliver enabling infrastructure to facilitate the construction of up to 730 homes, along with parklands, within the mixed-use Katherine East Neighbourhood Centre.

The Ngurratjuta Service Hub will be expanded with a $4.8 million dollar grant from our Growing Regions Program.

The investment will provide employment, education, and family support and services and a new climate-controlled facility to store and preserve its nationally significant art collection.

We are investing $1.1 million for the Urapuntja Community Splash Park with splash pads and interactive features such as a bucket dumper, ground sprays and water cannons, and an eight-seater picnic shelter.

We are delivering $4 million from the regional Precincts and Partnerships program for a masterplan to upgrade infrastructure as part of the Nitmiluk Tourism Services Precinct within the Katherine region.

The project is centred on Jawoyn history and culture, developing multipurpose and accessible infrastructure to contribute to social, cultural and economic outcomes.

The Central Australian Regional Community Precincts including Ti Tree, Atitjere, Santa Teresa, Papunya, Yuendumu and Ntaria are receiving $4.7 million for planning and design.

The Albanese Government is committed to delivering more homes and is investing $7 million to deliver enabling infrastructure to facilitate the construction of up to 730 homes, along with parklands, within the mixed-use Katherine East Neighbourhood Centre.

The Albanese Government is also working to improve road and rail safety so people can get home following their journeys

We are investing $1.9 million to upgrade sections of the Willowra main access road to improve road safety and accessibility, and $800,000 for important safety upgrades to the Gorrie Road railway level crossing near Mataranka including flashing lights and a new train detection system.

These projects highlight the Government’s commitment to listening to local voices and funding priorities that directly benefit communities in the Northern Territory.

Quote attributable to Infrastructure, Transport, Regional Development and Local Government Minister Catherine King:

“The Australian Government is investing in the Northern Territory supporting partnerships and projects that provide long-term benefits to communities.

“We remain dedicated to working for all Australians by delivering infrastructure that increases community cohesion, liveability and accessibility.”

Quote attributable to Member for Lingiari, Marion Scrymgour:

“I remain committed to ensuring the future growth and sustainability of remote communities and regional centres across my electorate of Lingiari.

“I welcome the funding announced today for delivering safer roads, more homes and increasing the liveability of these communities through improved recreational and social infrastructure.

“I am confident the development of a masterplan for the Nitmiluk Tourism Services Precinct will broaden the community’s understanding and appreciation of Jawoyn history and culture, and strengthen social, cultural and economic outcomes for this precinct”.

MIL OSI News –

January 30, 2025
MIL-OSI Australia: Building the Northern Territory’s Future

Source: Australian Ministers for Regional Development

The Albanese Government is building Australia’s future, investing more than $24 million for crucial infrastructure and community facilities across the Northern Territory.

The Government is committed to delivering more homes and is investing $7 million to deliver enabling infrastructure to facilitate the construction of up to 730 homes, along with parklands, within the mixed-use Katherine East Neighbourhood Centre.

The Ngurratjuta Service Hub will be expanded with a $4.8 million dollar grant from our Growing Regions Program.

The investment will provide employment, education, and family support and services and a new climate-controlled facility to store and preserve its nationally significant art collection.

We are investing $1.1 million for the Urapuntja Community Splash Park with splash pads and interactive features such as a bucket dumper, ground sprays and water cannons, and an eight-seater picnic shelter.

We are delivering $4 million from the regional Precincts and Partnerships program for a masterplan to upgrade infrastructure as part of the Nitmiluk Tourism Services Precinct within the Katherine region.

The project is centred on Jawoyn history and culture, developing multipurpose and accessible infrastructure to contribute to social, cultural and economic outcomes.

The Central Australian Regional Community Precincts including Ti Tree, Atitjere, Santa Teresa, Papunya, Yuendumu and Ntaria are receiving $4.7 million for planning and design.

The Albanese Government is committed to delivering more homes and is investing $7 million to deliver enabling infrastructure to facilitate the construction of up to 730 homes, along with parklands, within the mixed-use Katherine East Neighbourhood Centre.

The Albanese Government is also working to improve road and rail safety so people can get home following their journeys

We are investing $1.9 million to upgrade sections of the Willowra main access road to improve road safety and accessibility, and $800,000 for important safety upgrades to the Gorrie Road railway level crossing near Mataranka including flashing lights and a new train detection system.

These projects highlight the Government’s commitment to listening to local voices and funding priorities that directly benefit communities in the Northern Territory.

Quote attributable to Infrastructure, Transport, Regional Development and Local Government Minister Catherine King:

“The Australian Government is investing in the Northern Territory supporting partnerships and projects that provide long-term benefits to communities.

“We remain dedicated to working for all Australians by delivering infrastructure that increases community cohesion, liveability and accessibility.”

Quote attributable to Member for Lingiari, Marion Scrymgour:

“I remain committed to ensuring the future growth and sustainability of remote communities and regional centres across my electorate of Lingiari.

“I welcome the funding announced today for delivering safer roads, more homes and increasing the liveability of these communities through improved recreational and social infrastructure.

“I am confident the development of a masterplan for the Nitmiluk Tourism Services Precinct will broaden the community’s understanding and appreciation of Jawoyn history and culture, and strengthen social, cultural and economic outcomes for this precinct”.

MIL OSI News –

January 30, 2025

MIL-OSI: Sound Financial Bancorp, Inc. Q4 2024 Results

Source: GlobeNewswire (MIL-OSI)

SEATTLE, Jan. 29, 2025 (GLOBE NEWSWIRE) — Sound Financial Bancorp, Inc. (the “Company”) (Nasdaq: SFBC), the holding company for Sound Community Bank (the “Bank”), today reported net income of $1.9 million for the quarter ended December 31, 2024, or $0.74 diluted earnings per share, as compared to net income of $1.2 million, or $0.45 diluted earnings per share, for the quarter ended September 30, 2024, and $1.2 million, or $0.47 diluted earnings per share, for the quarter ended December 31, 2023. The Company also announced today that its Board of Directors declared a cash dividend on the Company’s common stock of $0.19 per share, payable on February 26, 2025 to stockholders of record as of the close of business on February 12, 2025.

Comments from the President and Chief Executive Officer

“The Bank ended the year with many positives, including a 15-basis-point increase in net interest margin compared to the third quarter of 2024. This was largely due to our significant progress in reducing deposit costs, which fell by 16 basis points,” remarked Laurie Stewart, President and Chief Executive Officer. “Additionally, nonperforming loans decreased by 11.8% from the third quarter, and for the first time in more than a decade, we have no OREO,” concluded Ms. Stewart. “Notable progress was made in reducing funding costs during the quarter and in controlling expenses throughout the entire year. We hope to continue this momentum in 2025. Our staff across the company played an important role in these accomplishments by focusing on client relationships and increasing efficiencies through technological improvements,” explained Wes Ochs, Executive Vice President and Chief Financial Officer. Mr. Ochs continued, “We ended the year with the same balance sheet strategy that we used to close out 2023, which helped reduce the Bank’s asset size below $1 billion. This strategy is intended to provide the Bank with additional operational flexibility and continued cost savings in 2025.”
Q4 2024 Financial Performance
Total assets decreased $107.3 million or 9.7% to $993.6 million at December 31, 2024, from $1.10 billion at September 30, 2024, and decreased $1.6 million or 0.2% from $995.2 million at December 31, 2023.				Net interest income increased $347 thousand or 4.4% to $8.2 million for the quarter ended December 31, 2024, from $7.9 million for the quarter ended September 30, 2024, and increased $653 thousand or 8.6% from $7.6 million for the quarter ended December 31, 2023.

				Net interest margin (“NIM”), annualized, was 3.13% for the quarter ended December 31, 2024, compared to 2.98% for the quarter ended September 30, 2024 and 3.04% for the quarter ended December 31, 2023.
Loans held-for-portfolio decreased $1.6 million or 0.2% to $900.2 million at December 31, 2024, compared to $901.7 million at September 30, 2024, and increased $5.7 million or 0.6% from $894.5 million at December 31, 2023.
				A $14 thousand provision for credit losses was recorded for the quarter ended December 31, 2024, compared to an $8 thousand provision and a $27 thousand release of provision for credit losses for the quarters ended September 30, 2024 and December 31, 2023, respectively. At December 31, 2024, the allowance for credit losses on loans to total loans outstanding was 0.94%, compared to 0.95% at September 30, 2024 and 0.98% December 31, 2023.
Total deposits decreased $92.4 million or 9.9% to $837.8 million at December 31, 2024, from $930.2 million at September 30, 2024, and increased $11.3 million or 1.4% from $826.5 million at December 31, 2023. Noninterest-bearing deposits increased $2.8 million or 2.2% to $132.5 million at December 31, 2024 compared to $129.7 million at September 30, 2024, and increased $5.8 million or 4.6% compared to $126.7 million at December 31, 2023.
				Total noninterest income decreased $75 thousand or 6.1% to $1.2 million for the quarter ended December 31, 2024, compared to the quarter ended September 30, 2024, and increased $94 thousand or 8.8% compared to the quarter ended December 31, 2023.
The loans-to-deposits ratio was 108% at December 31, 2024, compared to 97% at September 30, 2024 and 108% at December 31, 2023.
				Total noninterest expense decreased $621 thousand or 8.1% to $7.1 million for the quarter ended December 31, 2024, compared to the quarter ended September 30, 2024, and decreased $248 thousand or 3.4% compared to the quarter ended December 31, 2023.
Total nonperforming loans decreased $998 thousand or 11.8% to $7.5 million at December 31, 2024, from $8.5 million at September 30, 2024, and increased $3.9 million or 110.7% from $3.6 million at December 31, 2023. Nonperforming loans to total loans was 0.83% and the allowance for credit losses on loans to total nonperforming loans was 113.46% at December 31, 2024.
				The Bank continued to maintain capital levels in excess of regulatory requirements and was categorized as “well-capitalized” at December 31, 2024.

Operating Results

Net interest income increased $347 thousand, or 4.4%, to $8.2 million for the quarter ended December 31, 2024, compared to $7.9 million for the quarter ended September 30, 2024, and increased $653 thousand, or 8.6%, from $7.6 million for the quarter ended December 31, 2023.The increase from the prior quarter was primarily the result of lower funding costs and an increase in average yield on loans receivable and investments, partially offset by a decrease in the average balance and yield on interest-bearing cash. The increase in net interest income compared to the same quarter one year ago was primarily due to a higher average yield on interest-earning assets, particularly loans receivable and investments, and an increase in the average balances of both loans receivable and interest-bearing cash, partially offset by a lower average yield on interest-bearing cash and higher funding costs.

Interest income decreased $102 thousand, or 0.7%, to $14.7 million for the quarter ended December 31, 2024, compared to $14.8 million for the quarter ended September 30, 2024, and increased $1.4 million, or 10.5%, from $13.3 million for the quarter ended December 31, 2023. The decrease from the prior quarter was primarily due to a lower average balance of interest-bearing cash, and a 59 basis point decline in the average yield on interest-bearing cash, offset by a seven basis point increase in the average loan yield and a 16 basis point increase in the average yield on investments. The increase in interest income compared to the same quarter last year was due primarily to higher average balances of loans and interest-bearing cash, a 37 basis point increase in the average yield on loans, and a 43 basis point increase in the average yield on investments, partially offset by a decline in the average balance of investments and a 59 basis point decline in the average yield on interest-bearing cash.

Interest income on loans increased $194 thousand, or 1.5%, to $13.1 million for the quarter ended December 31, 2024, compared to $12.9 million for the quarter ended September 30, 2024, and increased $1.0 million, or 8.6%, from $12.0 million for the quarter ended December 31, 2023. The average balance of total loans was $900.8 million for the quarter ended December 31, 2024, up from $898.6 million for the quarter ended September 30, 2024 and $884.7 million for the quarter ended December 31, 2023. The average yield on total loans was 5.77% for the quarter ended December 31, 2024, up from 5.70% for the quarter ended September 30, 2024 and 5.40% for the quarter ended December 31, 2023. The increase in the average loan yield during the current quarter, compared to both the prior quarter and the fourth quarter of 2023, was primarily due to the origination of new loans at higher interest rates. Additionally, variable-rate loans resetting to higher rates contributed to the increase in average yield compared to the prior quarters. The increase in the average balance during the current quarter compared to the prior quarter was primarily due to growth in commercial and multifamily loans, manufactured housing loans and floating home loans. This was partially offset by a decline in construction and land loans and commercial business loans. The average balances for one-to-four family loans, home equity loans, and other consumer loans remained relatively flat from the third quarter of 2024. The increase in the average balance of loans during the current quarter compared to the fourth quarter of 2023 was primarily due to loan growth across all categories, except for one-to-four family loans, construction and land loans, commercial business loans, and other consumer loans, with the largest decrease being in construction and land loans.

Interest income on investments was $132 thousand for both the quarters ended December 31, 2024 and September 30, 2024, and $129 thousand for the quarter ended December 31, 2023. Interest income on interest-bearing cash decreased $296 thousand to $1.5 million for the quarter ended December 31, 2024, compared to $1.8 million for the quarter ended September 30, 2024, and increased $359 thousand from $1.2 million for the quarter ended December 31, 2023. The decrease from the prior quarter was due to decreases in the average yield and average balance of interest-bearing cash. The increase from the same quarter in the prior year was a result of a higher average balance, partially offset by a lower average yield.

Interest expense decreased $449 thousand, or 6.4%, to $6.5 million for the quarter ended December 31, 2024, from $7.0 million for the quarter ended September 30, 2024, and increased $746 thousand, or 12.9%, from $5.8 million for the quarter ended December 31, 2023. The decrease in interest expense during the current quarter from the prior quarter was primarily the result of average balance decreases of $3.8 million in demand and NOW accounts, $2.3 million in certificate accounts and $9.5 million in FHLB advances, as well as lower average rates paid on all categories of interest-bearing deposits, partially offset by a $10.2 million increase in the average balance of savings and money market accounts. The increase in interest expense during the current quarter from the same quarter a year ago was primarily the result of a $91.9 million increase in the average balance of savings and money market accounts and a $1.3 million increase in the average balance of certificate accounts, as well as higher average rates paid on savings and money market accounts. This was partially offset by a $25.3 million decrease in the average balance of demand and NOW accounts and a $9.6 million decrease in the average balance of FHLB advances. The average cost of deposits was 2.58% for the quarter ended December 31, 2024, down from 2.74% for the quarter ended September 30, 2024 and up from 2.38% for the quarter ended December 31, 2023. The average cost of FHLB advances was 4.31% for the quarter ended December 31, 2024, down from 4.32% for the quarter ended September 30, 2024, and up from 4.26% for the quarter ended December 31, 2023.

NIM (annualized) was 3.13% for the quarter ended December 31, 2024, up from 2.98% for the quarter ended September 30, 2024 and 3.04% for the quarter ended December 31, 2023. The increase in NIM from the prior quarter was the result of lower cost of funding, partially offset by a decrease in interest income on interest-earning assets. The increase in NIM from the quarter one year ago was primarily due to an increase in interest income on interest-earning assets, driven by the higher average balance in loans and interest-bearing cash and a higher yield earned on loans and investments, partially offset by a higher average balance of and cost of savings and money market accounts.

A provision for credit losses of $14 thousand was recorded for the quarter ended December 31, 2024, consisting of a release of provision for credit losses on loans of $73 thousand and a provision for credit losses on unfunded loan commitments of $87 thousand. This compared to a provision for credit losses of $8 thousand for the quarter ended September 30, 2024, consisting of a provision for credit losses on loans of $106 thousand and a release of provision for credit losses on unfunded loan commitments of $98 thousand, and a release of provision for credit losses of $27 thousand for the quarter ended December 31, 2023, consisting of a provision for credit losses on loans of $337 thousand and a release of the provision for credit losses on unfunded loan commitments of $364 thousand. The increase in the provision for credit losses for the quarter ended December 31, 2024 compared to the quarter ended September 30, 2024 resulted primarily from an additional qualitative adjustment related to our loan review, additional enhancements to the loss model related to how we adjust for the qualitative component, including the utilization of a scorecard to drive managements analysis, and growth in our unfunded construction loan portfolio, which has a higher loss rate than our other loan portfolios. These increases were offset by lower reserves in both our floating home sub-segment of other consumer loans within our quantitative analysis and in our qualitative analysis related to market conditions and value of underlying collateral, as economic conditions have improved. Expected loss estimates consider various factors, such as market conditions, borrower-specific information, projected delinquencies, and the impact of economic conditions on borrowers’ ability to repay.

Noninterest income decreased $75 thousand, or 6.1%, to $1.2 million for the quarter ended December 31, 2024, compared to the quarter ended September 30, 2024, and increased $94 thousand, or 8.8%, compared to the quarter ended December 31, 2023. The decrease from the prior quarter was primarily related to a $24 thousand downward adjustment in fair value of mortgage servicing rights and a $59 thousand decrease in earnings from bank-owned life insurance (“BOLI”), both influenced by fluctuating market interest rates. These decreases were partially offset by an increase of $13 thousand in net gain on sale of loans due to higher sales volume in the fourth quarter of 2024, and a $7 thousand increase in gain on disposal of assets due to insurance claims exceeding the book value on the replacement of stolen laptops in the second quarter of 2024. The increase in noninterest income from the same quarter of 2023 was primarily due an $43 thousand increase in service charges and fee income primarily due to increases in late fees on loans, higher interchange income and income related to a new, multi-year agreement with our credit card provider that was effective in 2024, a late fee on one commercial loan and higher specialty deposit fees due to fewer reversals of fees in 2024, a $173 thousand increase in the fair value adjustment on mortgage servicing rights due to changes in prepayment speeds, servicing costs, and discount rate, and a $7 thousand increase in gain on disposal of assets as noted above. These increases were partially offset by a $95 thousand decrease in earnings on BOLI due to market rate fluctuations, and a $23 thousand decrease in net gain on sale of loans due to fewer loans sold, and an $11 thousand decrease in mortgage servicing income as a result of the portfolio paying down at a faster rate than we are replacing the loans. Loans sold during the quarter ended December 31, 2024, totaled $3.5 million, compared to $2.4 million and $4.5 million of loans sold during the quarters ended September 30, 2024 and December 31, 2023, respectively.

Noninterest expense decreased $621 thousand, or 8.1%, to $7.1 million for the quarter ended December 31, 2024, compared to the quarter ended September 30, 2024, and decreased $248 thousand, or 3.4%, from the quarter ended December 31, 2023. The decrease from the quarter ended September 30, 2024 was primarily a result of lower salaries and benefits and operations expenses, partially offset by higher data processing expense. Salaries and benefits decreased $549 thousand primarily due to lower incentive compensation, lower retirement plan expense due to fluctuating market rates, lower medical expense due to higher medical costs during the third quarter of 2024, and lower salaries expense, as well as higher deferred salaries due to higher loan production. Operations expense decreased $211 thousand primarily due to a reversal of state and local tax expense related to higher estimated tax payments made than actual tax due, and lower operational losses in the current quarter as the prior quarter included the charge-off of a fraudulently obtained loan. This was partially offset by an $165 thousand increase in data processing expenses, reflecting new technology implementation costs. Compared to same quarter in 2023, the decrease in noninterest expense was primarily due to lower operations expenses, occupancy expenses and data processing expenses, which were partially offset by a $118 thousand increase in salaries and benefits costs. Operations expenses decreased due to reduction in loan originations costs, office expenses, operational losses, charitable contributions and state and local taxes, partially offset by higher professional fees primarily related to costs for future FDIC Improvement Act implementation. Data processing expenses decreased due to lower costs related to our core processor, while occupancy expenses decreased primarily due to fully amortized leasehold improvements. The increase in salaries and benefits compared to the same quarter last year reflected higher incentive compensation, lower deferred salaries, higher medical expenses due primarily to a change in insurance providers, and a higher contribution to our employee stock ownership plan due to the increase in value of our stock in 2024. This was partially offset by lower retirement plan expenses due to fluctuating market rates and lower salaries from a restructuring of positions at the end of 2023.

Balance Sheet Review, Capital Management and Credit Quality

Assets at December 31, 2024 totaled $993.6 million, down from $1.10 billion at September 30, 2024 and $995.22 million at December 31, 2023. The decrease in total assets from September 30, 2024 was primarily due to decreases in cash and cash equivalents and loans held-for-portfolio. The decrease from one year ago was primarily a result of lower balances of cash and cash equivalents and investment securities, offset by an increase in loans held-for-portfolio.

Cash and cash equivalents decreased $105.3 million, or 70.7%, to $43.6 million at December 31, 2024, compared to $148.9 million at September 30, 2024, and decreased $6.0 million, or 12.2%, from $49.7 million at December 31, 2023. The decrease from the prior quarter was primarily due to higher deposit withdrawals, as well as the strategic decision to sell reciprocal deposits at the end of the year. Cash and cash equivalents decreased from one year ago primarily due to the increase in loans held-for-portfolio and the payoff of one FHLB borrowing, partially offset by an increase in deposits.

Investment securities decreased $251 thousand, or 2.5%, to $9.9 million at December 31, 2024, compared to $10.2 million at September 30, 2024, and decreased $533 thousand, or 5.1%, from $10.5 million at December 31, 2023. Held-to-maturity securities totaled $2.1 million at both December 31, 2024 and September 30, 2024, and totaled $2.2 million at December 31, 2023. Available-for-sale securities totaled $7.8 million at December 31, 2024, compared to $8.0 million at September 30, 2024 and $8.3 million at December 31, 2023.

Loans held-for-portfolio were $900.2 million at December 31, 2024, compared to $901.7 million at September 30, 2024 and $894.5 million at December 31, 2023.

Nonperforming assets (“NPAs”), which are comprised of nonaccrual loans (including nonperforming modified loans), other real estate owned (“OREO”) and other repossessed assets, decreased $1.1 million, or 12.9%, to $7.5 million at December 31, 2024, from $8.6 million at September 30, 2024 and increased $3.4 million, or 81.3%, from $4.1 million at December 31, 2023. The decrease in NPAs from September 30, 2024 was primarily due to the payoff of seven loans totaling $1.2 million, one loan totaling $76 thousand returning to accrual status, and sale of one other real estate owned property for $115 thousand for a small net gain on sale, partially offset by the addition of seven loans totaling $326 thousand to nonaccrual. The increase in NPAs from one year ago was primarily due to the placement of an additional $9.3 million of loans on nonaccrual status, which included a $3.7 million matured commercial real estate loan where the borrower is in the process of securing financing from another lender, and a $2.4 million floating home loan, all of which are well secured. These additions were partially offset by payoffs totaling $4.2 million, the return of $784 thousand of loans to accrual status, charge-offs of $142 thousand, the sale of two other real estate owned properties for $685 thousand, and normal loan payments.

NPAs to total assets were 0.75%, 0.78% and 0.42% at December 31, 2024, September 30, 2024 and December 31, 2023, respectively. The allowance for credit losses on loans to total loans outstanding was 0.94% at December 31, 2024, compared to 0.95% at September 30, 2024 and 0.98% at December 31, 2023. Net loan charge-offs for the fourth quarter of 2024 totaled $13 thousand, compared to $14 thousand for the third quarter of 2024, and $15 thousand for the fourth quarter of 2023.

The following table summarizes our NPAs at the dates indicated (dollars in thousands):

	December 31, 2024			September 30, 2024			June 30, 2024			March 31, 2024			December 31, 2023
Nonperforming Loans:
One-to-four family	$	537		$	745		$	822		$	835		$	1,108
Home equity loans		298			338			342			83			84
Commercial and multifamily		3,734			4,719			5,161			4,747			—
Construction and land		24			25			28			29			—
Manufactured homes		521			230			136			166			228
Floating homes		2,363			2,377			2,417			3,192			—
Commercial business		11			23			—			—			2,135
Other consumer		3			32			3			1			1
Total nonperforming loans		7,491			8,489			8,909			9,053			3,556
OREO and Other Repossessed Assets:
Commercial and multifamily		—			—			—			575			575
Manufactured homes		—			115			115			115			—
Total OREO and repossessed assets		—			115			115			690			575
Total NPAs	$	7,491		$	8,604		$	9,024		$	9,743		$	4,131

Percentage of Nonperforming Loans:
One-to-four family		7.3	%		8.7	%		9.1	%		8.5	%		26.9	%
Home equity loans		4.0			3.9			3.8			0.9			2.0
Commercial and multifamily		49.8			54.8			57.2			48.7			—
Construction and land		0.3			0.3			0.3			0.3			—
Manufactured homes		7.0			2.7			1.5			1.7			5.5
Floating homes		31.5			27.6			26.8			32.8			—
Commercial business		0.1			0.3			—			—			51.7
Other consumer		—			0.4			—			—			—
Total nonperforming loans		100.0			98.7			98.7			92.9			86.1
Percentage of OREO and Other Repossessed Assets:
Commercial and multifamily		—			—			—			5.9			13.9
Manufactured homes		—			1.3			1.3			1.2			—
Total OREO and repossessed assets		—			1.3			1.3			7.1			13.9
Total NPAs		100.0	%		100.0	%		100.0	%		100.0	%		100.0	%

The following table summarizes the allowance for credit losses at the dates and for the periods indicated (dollars in thousands, unaudited):

	At or For the Quarter Ended:
	December 31, 2024			September 30, 2024			June 30, 2024			March 31, 2024			December 31, 2023
Allowance for Credit Losses on Loans
Balance at beginning of period	$	8,585		$	8,493		$	8,598		$	8,760		$	8,438
(Release of) provision for credit losses during the period		(73	)		106			(88	)		(106	)		337
Net charge-offs during the period		(13	)		(14	)		(17	)		(56	)		(15	)
Balance at end of period	$	8,499		$	8,585		$	8,493		$	8,598		$	8,760
Allowance for Credit Losses on Unfunded Loan Commitments
Balance at beginning of period	$	147		$	245		$	266		$	193		$	557
Provision for (release of) provision for credit losses during the period		87			(98	)		(21	)		73			(364	)
Balance at end of period		234			147			245			266			193
Allowance for Credit Losses	$	8,733		$	8,732		$	8,738		$	8,864		$	8,953
Allowance for credit losses on loans to total loans		0.94	%		0.95	%		0.96	%		0.96	%		0.98	%
Allowance for credit losses to total loans		0.97	%		0.97	%		0.98	%		0.99	%		1.00	%
Allowance for credit losses on loans to total nonperforming loans		113.46	%		101.13	%		95.33	%		94.97	%		246.34	%
Allowance for credit losses to total nonperforming loans		116.58	%		102.86	%		98.08	%		97.91	%		251.77	%

Total deposits decreased $92.4 million, or 9.9%, to $837.8 million at December 31, 2024, from $930.2 million at September 30, 2024 and increased $11.3 million, or 1.4%, from $826.5 million at December 31, 2023. The decrease in total deposits compared to the prior quarter-end was primarily a result of the movement of reciprocal deposits off balance sheet for strategic objectives at year-end, followed by the return of those deposits to our balance sheet in the first quarter of 2025, and a decrease in one high cost money market depositor relationship as part of our strategic decision to decrease our overall cost of funds. Noninterest-bearing deposits increased $2.8 million, or 2.2%, to $132.5 million at December 31, 2024, compared to $129.7 million at September 30, 2024 and increased $5.8 million, or 4.6%, from $126.7 million at December 31, 2023. Noninterest-bearing deposits represented 15.8%, 14.0% and 15.3% of total deposits at December 31, 2024, September 30, 2024 and December 31, 2023, respectively.

FHLB advances totaled $25.0 million at December 31, 2024, compared to $40.0 million at both September 30, 2024, and December 31, 2023. The decrease from both prior dated was due to the repayment of a $15.0 million FHLB advance that matured in November 2024. FHLB advances are primarily used to support organic loan growth and to maintain liquidity ratios in line with our asset/liability objectives. FHLB advances outstanding at December 31, 2024 had maturities ranging from early 2026 through early 2028. Subordinated notes, net totaled $11.8 million at each of December 31, 2024, September 30, 2024 and December 31, 2023.

Stockholders’ equity totaled $103.7 million at December 31, 2024, an increase of $1.4 million, or 1.4%, from $102.2 million at September 30, 2024, and an increase of $3.0 million, or 3.0%, from $100.7 million at December 31, 2023. The increase in stockholders’ equity from September 30, 2024 was primarily the result of $1.9 million of net income earned during the current quarter, $98 thousand in share-based compensation, and $19 thousand in common stock options exercised, partially offset by a $122 thousand increase in accumulated other comprehensive loss, net of tax and the payment of $486 thousand in cash dividends to the Company’s stockholders.

Sound Financial Bancorp, Inc., a bank holding company, is the parent company of Sound Community Bank, which is headquartered in Seattle, Washington and has full-service branches in Seattle, Tacoma, Mountlake Terrace, Sequim, Port Angeles, Port Ludlow and University Place. Sound Community Bank is a Fannie Mae Approved Lender and Seller/Servicer with one loan production office located in the Madison Park neighborhood of Seattle. For more information, please visit www.soundcb.com.

Forward-Looking Statements Disclaimer

When used in this press release and in documents filed or furnished by Sound Financial Bancorp, Inc. (the “Company”) with the Securities and Exchange Commission (the “SEC”), in the Company’s other press releases or other public or stockholder communications, and in oral statements made with the approval of an authorized executive officer, the words or phrases “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimate,” “project,” “intends” or similar expressions are intended to identify “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, which are based on various underlying assumptions and expectations and are subject to risks, uncertainties and other unknown factors, may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events and may turn out to be wrong because of inaccurate assumptions we might make, because of the factors listed below or because of other factors that we cannot foresee that could cause our actual results to be materially different from historical results or from any future results expressed or implied by such forward-looking statements. You are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date made.

Factors which could cause actual results to differ materially, include, but are not limited to:adverse impacts to economic conditions in the Company’s local market areas, other markets where the Company has lending relationships, or other aspects of the Company’s business operations or financial markets, including, without limitation, as a result of employment levels, labor shortages and the effects of inflation or deflation, a recession or slowed economic growth, as well as supply chain disruptions; changes in the interest rate environment, including increases and decreases in the Board of Governors of the Federal Reserve System (the Federal Reserve) benchmark rate and the duration at which such interest rate levels are maintained, which could adversely affect our revenues and expenses, the values of our assets and obligations, and the availability and cost of capital and liquidity; the impact of inflation and the current and future monetary policies of the Federal Reserve in response thereto; the effects of any federal government shutdown; the impact of bank failures or adverse developments at other banks and related negative press about the banking industry in general on investor and depositor sentiment; changes in consumer spending, borrowing and savings habits; fluctuations in interest rates; the risks of lending and investing activities, including changes in the level and direction of loan delinquencies and write-offs and changes in estimates of the adequacy of the allowance for credit losses; the Company’s ability to access cost-effective funding; fluctuations in real estate values and both residential and commercial real estate market conditions; demand for loans and deposits in the Company’s market area; secondary market conditions for loans;expectations regarding key growth initiatives and strategic priorities; environmental, social and governance goals and targets; results of examinations of the Company or the Bank by their regulators; increased competition; changes in management’s business strategies; legislative changes; changes in the regulatory and tax environments in which the Company operates; disruptions, security breaches, or other adverse events, failures or interruptions in, or attacks on, our information technology systems or on our third-party vendors; the potential imposition of new tariffs or changes to existing trade policies that could affect economic activity or specific industry sector; the effects of climate change, severe weather events, natural disasters, pandemics, epidemics and other public health crises, acts of war or terrorism, civil unrest and other external events on our business; and other factors described in the Company’s latest Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and other documents filed with or furnished to the SEC, which are available at www.soundcb.com and on the SEC’s website at www.sec.gov. The risks inherent in these factors could cause the Company’s actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, the Company and could negatively affect the Company’s operating and stock performance.

The Company does not undertake—and specifically disclaims any obligation—to revise any forward-looking statement to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statement.

CONSOLIDATED INCOME STATEMENTS (Dollars in thousands, unaudited)
	For the Quarter Ended
	December 31, 2024			September 30, 2024		June 30, 2024			March 31, 2024			December 31, 2023
Interest income	$	14,736		$	14,838	$	14,039		$	13,760		$	13,337
Interest expense		6,516			6,965		6,591			6,300			5,770
Net interest income		8,220			7,873		7,448			7,460			7,567
Provision for (release of) credit losses		14			8		(109	)		(33	)		(27	)
Net interest income after provision for (release of) credit losses		8,206			7,865		7,557			7,493			7,594
Noninterest income:
Service charges and fee income		619			628		761			612			576
Earnings on bank-owned life insurance		127			186		134			177			222
Mortgage servicing income		277			280		279			282			288
Fair value adjustment on mortgage servicing rights		77			101		(116	)		(65	)		(96	)
Net gain on sale of loans		53			40		74			90			76
Other income		7			—		30			—			—
Total noninterest income		1,160			1,235		1,162			1,096			1,066
Noninterest expense:
Salaries and benefits		3,920			4,469		4,658			4,543			3,802
Operations		1,329			1,540		1,569			1,457			1,537
Regulatory assessments		189			189		220			189			198
Occupancy		409			414		397			444			458
Data processing		1,232			1,067		910			1,017			1,311
Net (gain) loss on OREO and repossessed assets		(21	)		—		(17	)		6			—
Total noninterest expense		7,058			7,679		7,737			7,656			7,306
Income before provision for income taxes		2,308			1,421		982			933			1,354
Provision for income taxes		389			267		187			163			143
Net income	$	1,919		$	1,154	$	795		$	770		$	1,211

CONSOLIDATED INCOME STATEMENTS (Dollars in thousands, unaudited)

	For theYear Ended December 31
		2024			2023
Interest income	$	57,374		$	50,609
Interest expense		26,372			16,759
Net interest income		31,002			33,850
(Release of) provision for credit losses		(120	)		(273	)
Net interest income after (release of) provision for credit losses		31,122			34,123
Noninterest income:
Service charges and fee income		2,620			2,527
Earnings on bank-owned life insurance		625			1,179
Mortgage servicing income		1,118			1,179
Fair value adjustment on mortgage servicing rights		(4	)		(219	)
Net gain on sale of loans		258			340
Other income		38			—
Total noninterest income		4,655			5,006
Noninterest expense:
Salaries and benefits		17,590			17,135
Operations		5,894			6,095
Regulatory assessments		787			688
Occupancy		1,665			1,810
Data processing		4,226			4,388
Net (gain) loss on OREO and repossessed assets		(31	)		13
Total noninterest expense		30,131			30,129
Income before provision for income taxes		5,646			9,000
Provision for income taxes		1,006			1,561
Net income	$	4,640		$	7,439

CONSOLIDATED BALANCE SHEETS (Dollars in thousands, unaudited)
	December 31, 2024			September 30, 2024			June 30, 2024			March 31, 2024			December 31, 2023
ASSETS
Cash and cash equivalents	$	43,641		$	148,930		$	135,111		$	137,977		$	49,690
Available-for-sale securities, at fair value		7,790			8,032			7,996			8,115			8,287
Held-to-maturity securities, at amortized cost		2,130			2,139			2,147			2,157			2,166
Loans held-for-sale		487			65			257			351			603
Loans held-for-portfolio		900,171			901,733			889,274			897,877			894,478
Allowance for credit losses – loans		(8,499	)		(8,585	)		(8,493	)		(8,598	)		(8,760	)
Total loans held-for-portfolio, net		891,672			893,148			880,781			889,279			885,718
Accrued interest receivable		3,471			3,705			3,413			3,617			3,452
Bank-owned life insurance, net		22,490			22,363			22,172			22,037			21,860
Other real estate owned (“OREO”) and other repossessed assets, net		—			115			115			690			575
Mortgage servicing rights, at fair value		4,769			4,665			4,540			4,612			4,632
Federal Home Loan Bank (“FHLB”) stock, at cost		1,730			2,405			2,406			2,406			2,396
Premises and equipment, net		4,697			4,807			4,906			6,685			5,240
Right-of-use assets		3,725			3,779			4,020			4,259			4,496
Other assets		7,031			6,777			6,995			4,500			6,106
TOTAL ASSETS	$	993,633		$	1,100,930		$	1,074,859		$	1,086,685		$	995,221
LIABILITIES
Interest-bearing deposits	$	705,267		$	800,480		$	781,854		$	788,217		$	699,813
Noninterest-bearing deposits		132,532			129,717			124,915			128,666			126,726
Total deposits		837,799			930,197			906,769			916,883			826,539
Borrowings		25,000			40,000			40,000			40,000			40,000
Accrued interest payable		765			908			760			719			817
Lease liabilities		4,013			4,079			4,328			4,576			4,821
Other liabilities		9,371			9,711			9,105			9,578			9,563
Advance payments from borrowers for taxes and insurance		1,260			2,047			812			2,209			1,110
Subordinated notes, net		11,759			11,749			11,738			11,728			11,717
TOTAL LIABILITIES		889,967			998,691			973,512			985,693			894,567
STOCKHOLDERS’ EQUITY:
Common stock		25			25			25			25			25
Additional paid-in capital		28,413			28,296			28,198			28,110			27,990
Retained earnings		76,272			74,840			74,173			73,907			73,627
Accumulated other comprehensive loss, net of tax		(1,044	)		(922	)		(1,049	)		(1,050	)		(988	)
TOTAL STOCKHOLDERS’ EQUITY		103,666			102,239			101,347			100,992			100,654
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	993,633		$	1,100,930		$	1,074,859		$	1,086,685		$	995,221

KEY FINANCIAL RATIOS (unaudited)
	For the Quarter Ended
	December 31, 2024		September 30, 2024		June 30, 2024		March 31, 2024		December 31, 2023
Annualized return on average assets	0.70	%	0.42	%	0.30	%	0.29	%	0.46	%
Annualized return on average equity	7.40	%	4.50	%	3.17	%	3.06	%	4.78	%
Annualized net interest margin⁽¹⁾	3.13	%	2.98	%	2.92	%	2.95	%	3.04	%
Annualized efficiency ratio⁽²⁾	75.25	%	84.31	%	89.86	%	89.48	%	84.63	%

(1) Net interest income divided by average interest earning assets.
(2) Noninterest expense divided by total revenue (net interest income and noninterest income).

PER COMMON SHARE DATA (unaudited)
	At or For the Quarter Ended
	December 31, 2024		September 30, 2024		June 30, 2024		March 31, 2024		December 31, 2023
Basic earnings per share	$	0.75	$	0.45	$	0.31	$	0.30	$	0.47
Diluted earnings per share	$	0.74	$	0.45	$	0.31	$	0.30	$	0.47
Weighted-average basic shares outstanding		2,547,210		2,544,233		2,540,538		2,539,213		2,542,175
Weighted-average diluted shares outstanding		2,578,771		2,569,368		2,559,015		2,556,958		2,560,656
Common shares outstanding at period-end		2,564,907		2,564,095		2,557,284		2,558,546		2,549,427
Book value per share	$	40.42	$	39.87	$	39.63	$	39.47	$	39.48

AVERAGE BALANCE, AVERAGE YIELD EARNED, AND AVERAGE RATE PAID
(Dollars in thousands, unaudited)

The following tables present, for the periods indicated, the total dollar amount of interest income from average interest-earning assets and the resultant yields, as well as the interest expense on average interest-bearing liabilities, expressed both in dollars and rates. Income and yields on tax-exempt obligations have not been computed on a tax equivalent basis. All average balances are daily average balances. Nonaccrual loans have been included in the table as loans carrying a zero yield for the period they have been on nonaccrual (dollars in thousands).

	Three Months Ended
	December 31, 2024							September 30, 2024							December 31, 2023
	Average Outstanding Balance			Interest Earned/ Paid		Yield/ Rate		Average Outstanding Balance			Interest Earned/ Paid		Yield/ Rate		Average Outstanding Balance			Interest Earned/ Paid		Yield/ Rate
Interest-Earning Assets:
Loans receivable	$	900,832		$	13,070	5.77	%	$	898,570		$	12,876	5.70	%	$	884,677		$	12,033	5.40	%
Interest-earning cash		130,412			1,534	4.68	%		138,240			1,830	5.27	%		88,401			1,175	5.27	%
Investments		13,263			132	3.96	%		13,806			132	3.80	%		14,479			129	3.53	%
Total interest-earning assets	$	1,044,507			14,736	5.61	%		1,050,616		$	14,838	5.62	%	$	987,557			13,337	5.36	%
Interest-Bearing Liabilities:
Savings and money market accounts	$	350,495			2,476	2.81	%	$	340,281			2,688	3.14	%	$	258,583			1,586	2.43	%
Demand and NOW accounts		144,470			128	0.35	%		148,252			151	0.41	%		169,816			149	0.35	%
Certificate accounts		301,293			3,413	4.51	%		303,632			3,524	4.62	%		300,042			3,436	4.54	%
Subordinated notes		11,756			168	5.69	%		11,745			168	5.69	%		11,714			168	5.69	%
Borrowings		30,546			331	4.31	%		40,000			434	4.32	%		40,109			431	4.26	%
Total interest-bearing liabilities	$	838,560			6,516	3.09	%	$	843,910			6,965	3.28	%	$	780,264			5,770	2.93	%
Net interest income/spread				$	8,220	2.52	%				$	7,873	2.34	%				$	7,567	2.42	%
Net interest margin						3.13	%						2.98	%						3.04	%

Ratio of interest-earning assets to interest-bearing liabilities		125	%						124	%						127	%
Noninterest-bearing deposits	$	130,476						$	132,762						$	134,857
Total deposits		926,734		$	6,017	2.58	%		924,927		$	6,363	2.74	%		863,298		$	5,171	2.38	%
Total funding⁽¹⁾		969,036			6,516	2.68	%		976,672			6,965	2.84	%		915,121			5,770	2.50	%

(1) Total funding is the sum of average interest-bearing liabilities and average noninterest-bearing deposits. The cost of total funding is calculated as annualized total interest expense divided by average total funding.

	Year Ended
	December 31, 2024							December 31, 2023
	Average Outstanding Balance			Interest Earned/Paid		Yield/Rate		Average Outstanding Balance			Interest Earned/Paid		Yield/Rate
Interest-Earning Assets:
Loans receivable	$	896,690		$	50,499	5.63	%	$	870,227		$	46,470	5.34	%
Interest-earning cash		124,259			6,367	5.12	%		74,708			3,621	4.85	%
Investments		12,468			508	4.07	%		13,661			518	3.79	%
Total interest-earning assets	$	1,033,417			57,374	5.55	%	$	958,596			50,609	5.28	%
Interest-Bearing Liabilities:
Savings and money market accounts	$	319,314			9,145	2.86	%	$	194,810			2,783	1.43	%
Demand and NOW accounts		151,528			568	0.37	%		204,922			736	0.36	%
Certificate accounts		309,441			14,363	4.64	%		280,238			10,617	3.79	%
Subordinated notes		11,740			672	5.72	%		11,698			672	5.74	%
Borrowings		37,623			1,624	4.32	%		43,977			1,951	4.44	%
Total interest-bearing liabilities	$	829,646			26,372	3.18	%	$	735,645			16,759	2.28	%
Net interest income/spread				$	31,002	2.37	%				$	33,850	3.00	%
Net interest margin						3.00	%						3.53	%

Ratio of interest-earning assets to interest-bearing liabilities		125	%						130	%
Noninterest-bearing deposits	$	131,141						$	154,448
Total deposits		911,424		$	24,076	2.64	%		834,418		$	14,136	1.69	%
Total funding⁽¹⁾		960,787			26,372	2.74	%		890,093			16,759	1.88	%

LOANS (Dollars in thousands, unaudited)
	December 31, 2024			September 30, 2024			June 30, 2024			March 31, 2024			December 31, 2023
Real estate loans:
One-to-four family	$	269,684		$	271,702		$	268,488		$	279,213		$	279,448
Home equity		26,686			25,199			26,185			24,380			23,073
Commercial and multifamily		371,516			358,587			342,632			324,483			315,280
Construction and land		73,077			85,724			96,962			111,726			126,758
Total real estate loans		740,963			741,212			734,267			739,802			744,559
Consumer Loans:
Manufactured homes		41,128			40,371			38,953			37,583			36,193
Floating homes		86,411			86,155			81,622			84,237			75,108
Other consumer		17,720			18,266			18,422			18,847			19,612
Total consumer loans		145,259			144,792			138,997			140,667			130,913
Commercial business loans		15,605			17,481			17,860			19,075			20,688
Total loans		901,827			903,485			891,124			899,544			896,160
Less:
Premiums		718			736			754			808			829
Deferred fees, net		(2,374	)		(2,488	)		(2,604	)		(2,475	)		(2,511	)
Allowance for credit losses – loans		(8,499	)		(8,585	)		(8,493	)		(8,598	)		(8,760	)
Total loans held-for-portfolio, net	$	891,672		$	893,148		$	880,781		$	889,279		$	885,718

DEPOSITS (Dollars in thousands, unaudited)
	December 31, 2024		September 30, 2024		June 30, 2024		March 31, 2024		December 31, 2023
Noninterest-bearing demand	$	132,532	$	129,717	$	124,915	$	128,666	$	126,726
Interest-bearing demand		142,126		148,740		152,829		159,178		168,346
Savings		61,252		61,455		63,368		65,723		69,461
Money market⁽¹⁾		206,067		285,655		253,873		241,976		154,044
Certificates		295,822		304,630		311,784		321,340		307,962
Total deposits	$	837,799	$	930,197	$	906,769	$	916,883	$	826,539

(1) Includes $5.0 million of brokered deposits at December 31, 2023.

CREDIT QUALITY DATA (Dollars in thousands, unaudited)
	At or For the Quarter Ended
	December 31, 2024			September 30, 2024			June 30, 2024			March 31, 2024			December 31, 2023
Total nonperforming loans	$	7,491		$	8,489		$	8,909		$	9,053		$	3,556
OREO and other repossessed assets		—			115			115			690			575
Total nonperforming assets	$	7,491		$	8,604		$	9,024		$	9,743		$	4,131
Net charge-offs during the quarter	$	(13	)	$	(14	)	$	(17	)	$	(56	)	$	(15	)
Provision for (release of) credit losses during the quarter		14			8			(109	)		(33	)		(27	)
Allowance for credit losses – loans		8,499			8,585			8,493			8,598			8,760
Allowance for credit losses – loans to total loans		0.94	%		0.95	%		0.96	%		0.96	%		0.98	%
Allowance for credit losses – loans to total nonperforming loans		113.46	%		101.13	%		95.33	%		94.97	%		246.34	%
Nonperforming loans to total loans		0.83	%		0.94	%		1.00	%		1.01	%		0.40	%
Nonperforming assets to total assets		0.75	%		0.78	%		0.84	%		0.90	%		0.42	%

OTHER STATISTICS (Dollars in thousands, unaudited)
	At or For the Quarter Ended
	December 31, 2024			September 30, 2024			June 30, 2024			March 31, 2024			December 31, 2023

Total loans to total deposits		107.64	%		97.13	%		98.27	%		98.11	%		108.42	%
Noninterest-bearing deposits to total deposits		15.82	%		13.95	%		13.78	%		14.03	%		15.33	%

Average total assets for the quarter	$	1,089,067		$	1,095,404		$	1,070,579		$	1,062,036		$	1,033,985
Average total equity for the quarter	$	103,181		$	102,059		$	100,961		$	101,292		$	100,612

Contact

Financial:
Wes Ochs
Executive Vice President/CFO
(206) 436-8587

Media:
Laurie Stewart
President/CEO
(206) 436-1495

The MIL Network –

January 30, 2025

MIL-OSI Security: First of 3 new Coast Guard cutters arrives to homeport in Kodiak, Alaska

Source: United States Coast Guard

U.S. Coast Guard sent this bulletin at 01/29/2025 06:30 PM EST

News Release

U.S. Coast Guard 17th District Alaska
Contact: 17th District Public Affairs
Office: (907) 463-2065
After Hours: (907) 463-2065
17th District online newsroom

01/29/2025 06:05 PM EST

KODIAK, Alaska — The crew of Coast Guard Cutter John Witherspoon (WPC 1158) arrived at the cutter’s new homeport in Kodiak, Tuesday. The cutter is scheduled to be commissioned during a ceremony in April. The Witherspoon is the first of three Fast Response Cutters (FRCs) scheduled to be homeported at Coast Guard Base Kodiak and is now the fourth FRC currently based in Alaska. While these ships will be homeported in Kodiak, they will operate throughout the 17th Coast Guard District to include the U.S. Arctic, Gulf of Alaska, and Bering Sea. The crew of the Witherspoon will carry out integral Coast Guard missions such as maritime law enforcement and security, living marine resources, and search and rescue. They will provide security for Alaskan coastal communities as they continue to utilize the ocean for their livelihoods while preserving Alaska’s living marine resources in conjunction with our partner agencies. “The crew is humbled to be associated to a namesake honoring Capt. John G. Witherspoon, a trailblazer who found enjoyment and purpose in leading and mentoring others,” said Lt. Cmdr. Adam Young, commanding officer of the Witherspoon. “It is fitting that the cutter’s first sail was no tall order, stretching more than 7,000 nautical miles from Key West to Kodiak. Throughout the last five months, the crew displayed remarkable teamwork and resilience, a true testament to the core values Capt. Witherspoon epitomized throughout his illustrious career. I couldn’t be prouder of the team we have onboard, and I look forward to experiencing the beauty of Alaska once again.” The new FRCs arriving in Alaska are designed to replace the service’s fleet of 110-foot cutters that are projected to be decommissioned this year. The Coast Guard is currently scheduled to have six FRCs operating throughout Alaska by the end of 2025 to reinforce our maritime boundaries and shorten on-scene response times to support search and rescue efforts and better serve the people of Alaska. FRCs feature advanced command, control, communications, computers, intelligence, surveillance and reconnaissance equipment as well as over-the-horizon response boat deployment capability and improved habitability for the crew. The ships can reach speeds of 28 knots and are equipped to coordinate operations with partner agencies and long-range Coast Guard assets such as the Coast Guard’s National Security Cutters. FRCs are 154-foot multi-mission ships designed to conduct drug and migrant interdictions; ports, waterways and coastal security operations; fisheries and environmental protection patrols; national defense missions; and search and rescue. Each cutter is designed for a crew of 24, has a range of 2,500 miles and is equipped for patrols up to five days. The FRCs are part of the Coast Guard’s overall fleet modernization initiative.

MIL Security OSI –

January 30, 2025
MIL-OSI Submissions: DRC: MSF appeals for humanitarian access in Goma as casualties seek medical care.

Source: Médecins Sans Frontières/Doctors Without Borders (MSF)

30 January, 2025: Goma/Kinshasa- An influx of wounded people is arriving at Kyeshero hospital in Goma, Democratic Republic of Congo (DRC). Médecins Sans Frontières/Doctors Without Borders (MSF) teams in the hospital are treating people through the armed clashes and insecurity that have hit the city in recent days. We have been affected by several incidents since the beginning of the week, some of which have limited our ability to provide people with the medical care they need. We are now preparing to send new teams to Goma and need guaranteed humanitarian access from the involved parties.

Fighting between M23, the Congolese army, and their respective allies reached Goma’s city centre earlier this week, causing panic and impacting residents. Goma, the capital city of North Kivu province, has been cut off from the rest of the world for several days, and victims of the fighting are arriving at medical facilities whenever they can.

Humanitarian and medical facilities have not been spared during the violence.

“At Kyeshero hospital, a bullet pierced the roof of the operating theatre during an operation,” says Virginie Napolitano, MSF’s emergency coordinator in North Kivu, speaking from Goma. “Some of our stock of equipment and medicines has been looted, jeopardising our medical assistance inside and outside Goma. Armed looting has also affected our colleagues in Goma. One of them was wounded by gunshot in his home during an attack. Other organisations and medical facilities have also come under fire. This is totally unacceptable.”

Despite the situation, an MSF team continues to provide care for wounded patients at Kyeshero hospital, in support of Ndosho hospital, where the International Committee of the Red Cross (ICRC) is receiving an even greater influx of wounded.

Since Thursday, 142 wounded patients have been treated at Kyeshero. On Tuesday alone, MSF received 37 injured people, half of them civilians and the majority of whom are women. Most of the injuries were caused by shrapnel, while other patients suffered gunshot wounds.

Since Friday, people have had to cope with continuous water and electricity cuts. The supply of meals that MSF provides to patients and their families is in jeopardy, as insecurity, the risk of looting, and the closure of roads are preventing us from replenishing food stocks, which only last two to three days.

The worsening insecurity and intense fighting have forced MSF to temporarily reduce the number of active teams in Goma and in the camps for internally displaced people on the outskirts of the city. Meanwhile, medical and humanitarian needs in and around Goma will only grow. In recent weeks, tens of thousands of people have joined the 650,000 people who had already been living in camps around Goma for more than two years. Fighting has also reached areas around camps, sending people fleeing once again.

“The impact of this fighting on the civilian population is enormous. In addition to the wounded and dead, we are receiving devastating reports from internally displaced people camps where our teams can no longer go,” says Stephan Goetghebuer, MSF’s head of programmes in North Kivu. “In the Kanyaruchinya displaced people’s site, the health centre we support continues to operate, but the team has seen two children die this week because they could not be transferred to any hospital.”

MSF is preparing to send teams back into Goma to assess what response can be provided, and how best we could scale up, following the looting of the past few days. We would like to replenish our stocks and scale up emergency care as soon as possible. One possible way to move new teams and equipment into Goma would be through the Great Barrier, which separates DRC from Rwanda. This requires facilitation and guarantees from the involved parties.

As the situation continues to deteriorate, MSF urges the warring parties to do more to protect civilians. They must also respect the most basic rules of international humanitarian law and guarantee humanitarian access, so that essential medical assistance can be provided to people.

MSF teams are still present in other conflict-affected areas of both North and South Kivu provinces.

MSF is an international, medical, humanitarian organisation that delivers medical care to people in need, regardless of their origin, religion, or political affiliation. MSF has been working in Haiti for over 30 years, offering general healthcare, trauma care, burn wound care, maternity care, and care for survivors of sexual violence. MSF Australia was established in 1995 and is one of 24 international MSF sections committed to delivering medical humanitarian assistance to people in crisis. In 2022, more than 120 project staff from Australia and New Zealand worked with MSF on assignment overseas. MSF delivers medical care based on need alone and operates independently of government, religion or economic influence and irrespective of race, religion or gender. For more information visit msf.org.au

MIL OSI – Submitted News –

January 30, 2025
MIL-OSI United Nations: Israel’s new laws banning UNRWA already taking effect
Source: United Nations 4

29 January 2025 Peace and Security

Israeli legislation banning the UN agency for Palestine refugees, UNRWA, is due to enter into force in the coming hours, bringing fundamental changes to its operations in the Occupied Palestinian Territory, according to the agency and Palestinians they serve in Gaza who spoke with UN News on Wednesday.
Soundcloud

If implemented, the two new laws passed in October will simultaneously prohibit Israeli authorities from contacting UNRWA and ban the agency from operating in war-ravaged Gaza and East Jerusalem and the West Bank, according to UNRWA spokesperson Jonathan Fowler.

As such, poised to change are Israel’s role as the occupying power and the work of the UN General Assembly-mandated agency known since 1949 as the backbone of humanitarian aid assisting nearly six million Palestine refugees today.

Check out UN Photo’s essay What UNRWA Built here.

© UNRWA

The war in Gaza has seen an unprecedented number of attacks on UN premises and staff. (file)

Evacuation and relocation

Israel as the occupying power is responsible for issuing visas to international staff from humanitarian organizations like UNRWA, whose headquarters in occupied East Jerusalem comprise a compound protected by the 1946 Convention on Diplomatic Relations.

© UNRWA

UNRWA has been called the backbone of humanitarian assistance in war-ravaged Gaza.

The Knesset legislation has yet to come into force but is already impacting UN operations in the region.

Israel has shortened all visas for UNRWA’s international staff to expire on Wednesday, which “is tantamount to being evicted” or declared persona non grata, Mr. Fowler said.

As such, UNRWA’s international staff at the East Jerusalem office had to evacuate and relocate to Amman, Jordan earlier in the day. Office equipment and vehicles have been moved out, and efforts are continuing to digitise its archives.

National staff will remain in East Jerusalem, but they face risks, including upcoming demonstrations by Israeli protestors, Mr. Fowler said. During the Gaza war, the compound had faced security issues, including arson attacks and violent protests.

UNRWA had to comply with Israeli orders due to visa requirements despite East Jerusalem being recognised as occupied territory under international law, he added.

Will UNRWA shut down completely?

UNRWA’s mandate has remained the same for decades and it will not be ceasing all operations, said Mr. Fowler. It is unique as a working model that has provided core services such as healthcare and education to refugees and their descendants in line with its General Assembly-approved mandate.

The agency also provides services to Palestinians in Jordan, Lebanon and Syria.

“UNRWA remains absolutely committed to stay and deliver,” Mr. Fowler said.

“We will not stop. We’re not bowing down to this. But, we do know that the practical impacts, the uncertainty mean that our operations could be substantially affected.”

© UNRWA

UNRWA and partners begin the second round of the polio vaccination campaign in Gaza in 2024. (file)

Backbone of aid in Gaza

Up to the current fragile ceasefire, Israeli forces killed more than 47,000 Palestinians – according to local health authorities – and 270 UNRWA staff members in Gaza. Yet, despite challenges, agency staff in Gaza continue to operate, providing essential humanitarian aid, Mr. Fowler said.

Over the first three days of the 19 January ceasefire, UNRWA provided food for one million people and one million blankets.

Indeed, the UN agency is responsible for over half of deliveries inside the Gaza Strip and over half the aid coming in.

The ceasefire has allowed UNRWA to scale up aid, but the situation remains precarious, he stressed.

© UNRWA

Aid is delivered to Gaza as Palestinians return to their homes during the ceasefire.

Impact on services

The Israeli laws could halt all UNRWA operations in Gaza, East Jerusalem and the West Bank, affecting schools, healthcare centres and other services, Mr. Fowler explained.

Some Palestinians in Gaza are worried at the prospect of losing UNRWA, including Iman Hillis, who is currently staying in an UNRWA school with her family.

“We will have nothing to eat or drink, and this will affect us greatly,” she told UN News. “All the people will be destroyed and will not have food, water or flour.”

International response amid ‘biggest fears’

UNRWA supporters, UN Member States and UN officials have pressed Israel to reverse course up to the last minute. However, there is concern about the precedent this situation could set for other UN operations worldwide, Mr. Fowler said.

The current situation is as unique as the agency itself. Israel’s ban is unprecedented. Never before has a UN Member State tried to undo the mandate of a UN organization.

‘We’re at the 11th hour’

“We face the risk of this becoming an example, which would then eventually morph into some kind of new normal,” Mr. Fowler said.

In other places around the world, that “new normal” is a “very, very nightmarish scenario”, he warned.

“The multilateral system is not perfect, but it’s the system that we have, and this is a unilateral blow against multilateralism,” he said.

“We’re at the 11th hour. We all have to continue efforts to convince Israeli authorities to at least freeze this decision or void the laws completely. Our biggest fear is there is no Plan B.”

Why can’t other aid agencies just take over?

Uniquely, the UN General Assembly makes the decisions on UNRWA and how and where it operates.

“No other agency has the scale and depth to do what we do,” Mr. Fowler said.

However, under international humanitarian law, the occupying power is responsible to assure the wellbeing of the population under occupation, he added.

“By voiding our mandate, the Israeli officials who have promoted this need to think hard about the fact that if there’s any Plan B, it’s on them,” he said.

Soundcloud

How will Israel’s role change?

As the occupying power, Israel is and has been responsible for all services to the populations living in Occupied Palestinian Territory since it seized the areas in 1967.

An agreement in 1967 between Israel and UNRWA recognised the UN Palestine relief agency and its General Assembly-mandated tasks serving Gaza, East Jerusalem and the West Bank.

With the new legislation that, in effect, cancels that agreement, Israel continues to be responsible as the occupying power, including for all public services.

As such, Israel will need to absorb the cost. UNRWA’s annual budget runs at about $1 billion every year.

UN News

Over 20,000 displaced Palestinians are taking shelter in a UNRWA school in Gaza.
What is UNRWA?

Since 1950, the UN Relief and Works Agency for Palestine Refugees (UNRWA) has contributed to the welfare and human development of Palestine refugees, defined as “persons whose normal place of residence was Palestine during the period 1 June 1946 to 15 May 1948, and who lost both home and means of livelihood as a result of the 1948 war”.

© UNRWA

Humanitarian aid delivered to Gaza.

The agency operates in Jordan, Lebanon, Syria, Gaza and the West Bank, including East Jerusalem. Established by a UN General Assembly resolution, UNRWA is funded almost entirely through voluntary contributions from UN Member States.

UNRWA has long faced misinformation and disinformation, including about its staff and operations. This has intensified since the war in Gaza began on 7 October 2023.

An example is the claim that the UN agencies that deliver humanitarian assistance in crisis zones across the globe would be better placed to do the work currently carried out by UNRWA.

In fact, UNRWA’s established infrastructure – the agency directly manages critical public-like services (schools, health centres, social protection), relying on 30,000 staff members, most of them Palestine refugees – and its cost-effectiveness have no equivalent elsewhere in the UN.

Find out more about the work UNRWA does here.
MIL OSI United Nations News –
January 30, 2025
MIL-OSI New Zealand: 30 January 2025 Kāinga Ora invites wool sector to submit proposals for carpet supply Kāinga Ora is now offering both wool and nylon carpet providers the opportunity to tender for the supply of carpet and underlay in its homes.

Source: New Zealand Government Kainga Ora

Having used nylon carpet for more than a decade, the agency is opening up its recent Request for Proposal (RFP) to wool carpet suppliers also, allowing a direct price and offering comparison.

Chief Executive Matt Crockett says Kāinga Ora has traditionally used solution dyed nylon carpet due to its durability and price.

“Kāinga Ora owns and maintains more than 75,000 homes throughout New Zealand. Over the two years to 30 June 2026, we are adding a further 2,650 new homes to our portfolio and will be significantly renovating or replacing another 3,000 existing homes.

“It’s important the products and materials used in these properties are fit for purpose, durable and cost-effective to ensure value for money. These will continue to be our key assessment criteria when we compare supplier proposals.

“This RFP is an opportunity for us to retest market pricing for both wool and nylon carpet offerings, as part of a robust procurement process. This approach gives all suppliers the fair chance to put their best proposals forward, and we look forward to seeing what they can offer.”

Kāinga Ora has informed suppliers that it is closing its current procurement process and will be reissuing a new RFP inviting submissions from both wool and nylon carpet suppliers.

The new RFP will be released to the market via the Government Electronic Tender Service.

Page updated: 30 January 2025

MIL OSI New Zealand News –

January 30, 2025
MIL-OSI NGOs: Study shows Big Oil fueled deadly wildfires in Los Angeles

Source: Greenpeace Statement –

San Francisco, CA (January 29, 2025) – The latest study by the World Weather Attribution on the devastating wildfires in Los Angeles, confirmed that climate change, fueled by fossil fuel burning, made the fires 35% more likely. The analysis shows these flammable conditions will only worsen if we continue down the path of inaction. In response to the study, Zachary Norris, Greenpeace USA California Climate Director, said:

“Climate change has been making California wildfires larger, faster and more deadly for years. All 8 of the state’s largest fires have all occurred in the last 7 years. But the fires in Los Angeles have also shown that as droughts stretch longer, rainfall drops, and temperatures rise, entire communities are being devastated. These fires were 35% more likely to occur because of climate change, which is primarily caused by the burning of oil, gas, and coal, and if we don’t change course, these flammable conditions will only intensify. While Big Oil companies continue to pull in billions in profits, we’re paying the price in lives lost and homes destroyed. But it doesn’t have to be this way – it’s time to stop drilling and start paying for the damage they’ve caused.”

Contact: Gigi Singh, Communications Manager at Greenpeace USA
(+1) 631-404-9977, [email protected]

Greenpeace USA is part of a global network of independent campaigning organizations that use peaceful protest and creative communication to expose global environmental problems and promote solutions that are essential to a green and peaceful future. Greenpeace USA is committed to transforming the country’s unjust social, environmental, and economic systems from the ground up to address the climate crisis, advance racial justice, and build an economy that puts people first. Learn more at www.greenpeace.org/usa.

MIL OSI NGO –

January 30, 2025
MIL-OSI New Zealand: Insurance Sector – ICNZ welcomes Govt’s Climate Adaptation response

Source: Insurance Council of NZ

The Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ) has welcomed the Government’s commitment to introduce legislation to Parliament this year on a Climate Adaptation framework and prepare New Zealanders for the impact of climate change on lives, property and communities.

“New Zealanders need certainty about the way natural hazard risks from climate change are going to be managed and Government leadership in this critical area is welcome,” ICNZ Chief Executive Kris Faafoi said

The Government was responding to the Finance and Expenditure Select Committee’s Inquiry into Climate Adaptation released in October last year.

“The Government has acknowledged that a significant proportion of New Zealanders live in areas susceptible to increasing natural hazard risk and that the prospect of more frequent and severe weather events may impact the stability of our housing, finance and insurance markets.

“The insurance industry is keen to continue to contribute to the policy formation to keep protecting communities and customers. As the Government has noted, an implementation plan will be required that all sectors can buy into and is achievable.

“New Zealand is a risky country, and we are committed to finding solutions that reduce our exposure to natural hazard risks by avoiding building in dumb places and by investing in infrastructure that protects communities as well as better preparing for recovery from future natural disasters.

“We also support the government’s goal of a cross-party solution to ensure New Zealand’s approach is enduring. Adapting to climate change requires a long-term political commitment as reinsurers and insurers need long-term policy and investment certainty for some of the likely actions and investments required to safeguard Kiwis and minimise the insurance protection gap.

“We commend the Government for taking this approach. When Climate Change Minister Simon Watts and insurers met with reinsurers in London last year, they told us that they have confidence in New Zealand’s plan and that being proactive and having consistent policy settings would help keep reinsurance available for New Zealand.

“While there is work already underway to prepare for a changing climate, we need to work with haste on this issue to keep all of New Zealand protected from the worst effects of future events.

“Research shows every dollar invested in adaptation brings substantial economic benefits..By addressing these risks now, New Zealand can avoid the higher costs associated with future climate-related disasters,” Kris Faafoi said.

MIL OSI New Zealand News –

January 30, 2025
MIL-OSI Submissions: Australia – Production begins at CH4 Global’s first full-scale EcoPark

Source: CH4 Global

ADELAIDE, Australia – January 30, 2024 – CH4 Global, Inc., will today officially open phase one of its first full-scale EcoPark, where it has begun to grow and process Asparagopsis in 10 large-scale cultivation ponds with a combined capacity of 2 million litres – capable of producing 80 metric tonnes of the seaweed each year.

Over the next year, the facility will expand to 100 ponds capable of producing enough Asparagopsis to serve 45,000 cattle per day – a significant step toward meeting demand from CH4 Global’s existing commercial partners in Australia and beyond. With additional investment, the facility could eventually expand to 500 ponds capable of serving hundreds of thousands of cattle per day.

South Australian Premier Peter Malinauskas attended the launch of the EcoPark in Louth Bay, 23km north of Port Lincoln on the Eyre Peninsula.

“I congratulate CH4 global on this significant achievement,” Mr Malinauslkas said.

“South Australia is already a world leader in decarbonisation.

“Helping the rest of the world achieve this challenge presents an incredible opportunity to deliver a more complex economy and more jobs for South Australians.

“CH4 Global’s EcoPark is a shining example of what we can achieve – using Research and Development to develop new industries.

“Propagating a local seaweed to feed cattle has the potential to drastically reduce methane emissions from agriculture, both here and around the globe.”

The EcoPark consists of research and development facilities, a seedling hatchery, patented in-land growth ponds, and harvesting and drying technologies to convert Asparagopsis into CH4 Global’s Methane Tamer products – allowing end-to-end production.

The EcoPark will sustainably grow methane-reducing Asparagopsis at scale. Asparagopsis, which is a red seaweed native to South Australia, drastically reduces methane emissions from cows by up to 90 per cent.

CH4 Global founder and Chief Executive Dr Steve Meller said the EcoPark was the first commercial facility of its kind, enabling the scalable propagation of Asparagopsis to meet the needs of feedlots under contract. CH4 Global’s system delivers consistent, high-quality production at a fraction of the cost, enabling profitability throughout the value chain without government subsidies.

With its proprietary pond-based system, CH4 Global aims to reduce production costs by up to 90 per cent compared to conventional tank-based methods, enabling rapid scaling while positioning CH4 Global to deliver its feed supplement at a price point that ensures profitability throughout the agricultural value chain.

“The EcoPark allows us to now grow Asparagopsis at-scale, providing more Methane Tamer to the feedlots and farmers we are already working with, and to meet the needs of the increasing number of organisations contacting us to help them change the feeding habits of their cows as we start bending the climate curve,” Dr Meller said.

“We are well and truly working towards eliminating one billion metric tons of carbon dioxide equivalent emissions and reaching 150 million cattle by 2030 through our local and international partnerships with feedlots and farmers, and it’s fantastic to see beef from these cows hitting shelves in Australia and heading overseas.”

Dr Meller said the Louth Bay EcoPark was an essential step on the climate journey and would be positive for the Eyre Peninsula community and economy.

CH4 Global has committed to preventing the creation of one gigatonne of CO2 emissions by 2032.

To do so, CH4 Global needs to reach 150 million cattle —10 per cent of the world’s total.

“Along with supporting farmers in South Australia, Queensland and overseas to reduce emissions, we’re working closely with the Eyre Peninsula community by having worked with local contractors to build the EcoPark, sourcing local materials and providing regional jobs.”

CH4 Global has also been working with First Nations communities across South Australia, including with the planting of native species and on a land management plan, and providing a gathering space on-site.

CH4 Global has implemented a sustainable design framework for Louth Bay and future EcoParks, guiding the use and management of energy and natural resources, waste and GHG emissions, and efficient use of eco-friendly materials.

As part of its sustainable design framework, CH4 Global has remediated the 14ha site and will be responsible for 13km of beach. Remediation has included removing 5,000 tonnes of concrete tanks – crushed and recycled; 11.76 tonnes of HDPE to be recycled in Adelaide, 10 tonnes of plastic aquaculture trays and other plastic equipment for filtering water and other purposes, which have been rehomed and reused within the community; and sent five tonnes of steel to recycling.

CH4 Global will be holding an opening event at Louth Bay this morning, at 10.30am. The media is invited to attend.

Dr Meller is available for interviews. Video footage and photography will also be available post-event.

About CH4 Global

CH4 Global, founded in 2018, is on an urgent mission to bend the climate curve, through collaboration with strategic partners worldwide. We deliver market-disruptive products that enable the food industry value chain to radically reduce GHG emissions.

The company’s first innovation, Methane Tamer feed additives for feedlot cattle, harnesses the power of Asparagopsis seaweed to reduce enteric methane emissions by up to 90 per cent. CH4 Global is headquartered in Henderson, Nevada, in the US, with current subsidiaries in Australia and New Zealand.

MIL OSI – Submitted News –

January 30, 2025
MIL-OSI USA News: Ending Radical Indoctrination in K-12 Schooling

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 and Policy. Parents trust America’s schools to provide their children with a rigorous education and to instill a patriotic admiration for our incredible Nation and the values for which we stand.
In recent years, however, parents have witnessed schools indoctrinate their children in radical, anti-American ideologies while deliberately blocking parental oversight. Such an environment operates as an echo chamber, in which students are forced to accept these ideologies without question or critical examination. In many cases, innocent children are compelled to adopt identities as either victims or oppressors solely based on their skin color and other immutable characteristics. In other instances, young men and women are made to question whether they were born in the wrong body and whether to view their parents and their reality as enemies to be blamed. These practices not only erode critical thinking but also sow division, confusion, and distrust, which undermine the very foundations of personal identity and family unity.

Imprinting anti-American, subversive, harmful, and false ideologies on our Nation’s children not only violates longstanding anti-discrimination civil rights law in many cases, but usurps basic parental authority. For example, steering students toward surgical and chemical mutilation without parental consent or involvement or allowing males access to private spaces designated for females may contravene Federal laws that protect parental rights, including the Family Educational Rights and Privacy Act (FERPA) and the Protection of Pupil Rights Amendment (PPRA), and sex-based equality and opportunity, including Title IX of the Education Amendments of 1972 (Title IX). Similarly, demanding acquiescence to “White Privilege” or “unconscious bias,” actually promotes racial discrimination and undermines national unity.

My Administration will enforce the law to ensure that recipients of Federal funds providing K-12 education comply with all applicable laws prohibiting discrimination in various contexts and protecting parental rights, including Title VI of the Civil Rights Act of 1964 (Title VI), 42 U.S.C. 2000d et seq.; Title IX, 20 U.S.C. 1681 et seq.; FERPA, 20 U.S.C. 1232g; and the PPRA, 20 U.S.C. 1232h.

Sec. 2. Definitions. As used herein:
(a) The definitions in the Executive Order “Defending Women from Gender Ideology Extremism and Restoring Biological Truth to the Federal Government” (January 20, 2025) shall apply to this order.
(b) “Discriminatory equity ideology” means an ideology that treats individuals as members of preferred or disfavored groups, rather than as individuals, and minimizes agency, merit, and capability in favor of immoral generalizations, including that:
(i) Members of one race, color, sex, or national origin are morally or inherently superior to members of another race, color, sex, or national origin;
(ii) An individual, by virtue of the individual’s race, color, sex, or national origin, is inherently racist, sexist, or oppressive, whether consciously or unconsciously;
(iii) An individual’s moral character or status as privileged, oppressing, or oppressed is primarily determined by the individual’s race, color, sex, or national origin;
(iv) Members of one race, color, sex, or national origin cannot and should not attempt to treat others without respect to their race, color, sex, or national origin;
(v) An individual, by virtue of the individual’s race, color, sex, or national origin, bears responsibility for, should feel guilt, anguish, or other forms of psychological distress because of, should be discriminated against, blamed, or stereotyped for, or should receive adverse treatment because of actions committed in the past by other members of the same race, color, sex, or national origin, in which the individual played no part;
(vi) An individual, by virtue of the individual’s race, color, sex, or national origin, should be discriminated against or receive adverse treatment to achieve diversity, equity, or inclusion;
(vii) Virtues such as merit, excellence, hard work, fairness, neutrality, objectivity, and racial colorblindness are racist or sexist or were created by members of a particular race, color, sex, or national origin to oppress members of another race, color, sex, or national origin; or
(viii) the United States is fundamentally racist, sexist, or otherwise discriminatory.
(c) “Educational service agency” (ESA) has the meaning given in 20 U.S.C. 1401(5), and the terms “elementary school,” “local educational agency” (LEA), “secondary school,” and “state educational agency” (SEA) have the meanings given in 34 C.F.R. 77.1(c).
(d) “Patriotic education” means a presentation of the history of America grounded in:
(i) an accurate, honest, unifying, inspiring, and ennobling characterization of America’s founding and foundational principles;
(ii) a clear examination of how the United States has admirably grown closer to its noble principles throughout its history;
(iii) the concept that commitment to America’s aspirations is beneficial and justified; and
(iv) the concept that celebration of America’s greatness and history is proper.
(e) “Social transition” means the process of adopting a “gender identity” or “gender marker” that differs from a person’s sex. This process can include psychological or psychiatric counseling or treatment by a school counselor or other provider; modifying a person’s name (e.g., “Jane” to “James”) or pronouns (e.g., “him” to “her”); calling a child “nonbinary”; use of intimate facilities and accommodations such as bathrooms or locker rooms specifically designated for persons of the opposite sex; and participating in school athletic competitions or other extracurricular activities specifically designated for persons of the opposite sex. “Social transition” does not include chemical or surgical mutilation.

Sec. 3. Ending Indoctrination Strategy. (a) Within 90 days of the date of this order, to advise the President in formulating future policy, the Secretary of Education, the Secretary of Defense, and the Secretary of Health and Human Services, in consultation with the Attorney General, shall provide an Ending Indoctrination Strategy to the President, through the Assistant to the President for Domestic Policy, containing recommendations and a plan for:
(i) eliminating Federal funding or support for illegal and discriminatory treatment and indoctrination in K-12 schools, including based on gender ideology and discriminatory equity ideology; and
(ii) protecting parental rights, pursuant to FERPA, 20 U.S.C. 1232g, and the PPRA, 20 U.S.C. 1232h, with respect to any K-12 policies or conduct implicated by the purpose and policy of this order.
(b) The Ending Indoctrination Strategy submitted under subsection (a) of this section shall contain a summary and analysis of the following:
(i) All Federal funding sources and streams, including grants or contracts, that directly or indirectly support or subsidize the instruction, advancement, or promotion of gender ideology or discriminatory equity ideology:
(A) in K-12 curriculum, instruction, programs, or activities; or
(B) in K-12 teacher education, certification, licensing, employment, or training;
(ii) Each agency’s process to prevent or rescind Federal funds, to the maximum extent consistent with applicable law, from being used by an ESA, SEA, LEA, elementary school, or secondary school to directly or indirectly support or subsidize the instruction, advancement, or promotion of gender ideology or discriminatory equity ideology in:
(A) K-12 curriculum, instruction, programs, or activities; or
(B) K-12 teacher certification, licensing, employment, or training;
(iii) Each agency’s process to prevent or rescind Federal funds, to the maximum extent consistent with applicable law, from being used by an ESA, SEA, LEA, elementary school, or secondary school to directly or indirectly support or subsidize the social transition of a minor student, including through school staff or teachers or through deliberately concealing the minor’s social transition from the minor’s parents.
(iv) Each agency’s process to prevent or rescind Federal funds, to the maximum extent consistent with applicable law, from being used by an ESA, SEA, LEA, elementary school, or secondary school to directly or indirectly support or subsidize:
(A) interference with a parent’s Federal statutory right to information regarding school curriculum, records, physical examinations, surveys, and other matters under the PPRA or FERPA; or
(B) a violation of Title VI or Title IX; and
(v) A summary and analysis of all relevant agency enforcement tools to advance the policies of this order.
(c) The Attorney General shall coordinate with State attorneys general and local district attorneys in their efforts to enforce the law and file appropriate actions against K-12 teachers and school officials who violate the law by:
(i) sexually exploiting minors;
(ii) unlawfully practicing medicine by offering diagnoses and treatment without the requisite license; or
(iii) otherwise unlawfully facilitating the social transition of a minor student.
(d) The Assistant to the President for Domestic Policy shall regularly convene the heads of the agencies tasked with submitting the Ending Indoctrination Strategy under subsection (a) of this section to confer regarding their findings, areas for additional investigation, the modification or implementation of their respective recommendations, and such other policy initiatives or matters as the President may direct.

Sec. 4. Reestablishing the President’s Advisory 1776 Commission and Promoting Patriotic Education. (a) The President’s Advisory 1776 Commission (“1776 Commission”), which was created by Executive Order 13958 of November 2, 2020, to promote patriotic education, but was terminated by President Biden in Executive Order 13985 of January 20, 2021, is hereby reestablished. The purpose of the 1776 Commission is to promote patriotic education and advance the purposes stated in section 1 of Executive Order 13958, as well as to advise and promote the work of the White House Task Force on Celebrating America’s 250th Birthday (“Task Force 250”) and the United States Semiquincentennial Commission in their efforts to provide a grand celebration worthy of the momentous occasion of the 250th anniversary of American Independence on July 4, 2026.
(b) Within 120 days of the date of this order, the Secretary of Education shall establish the 1776 Commission in the Department of Education.
(c) The 1776 Commission shall be composed of not more than 20 members, who shall be appointed by the President for a term of 2 years. The 1776 Commission shall be made up of individuals from outside the Federal Government with relevant experience or subject-matter expertise.
(d) The 1776 Commission shall have a Chair or Co-Chairs, at the President’s discretion, and a Vice Chair, who shall be designated by the President from among the Commission’s members. An Executive Director, designated by the Secretary of Education in consultation with the Assistant to the President for Domestic Policy, shall coordinate the work of the 1776 Commission. The Chair (or Co-Chairs) and Vice Chair shall work with the Executive Director to convene regular meetings of the 1776 Commission, determine its agenda, and direct its work, consistent with this order.
(e) The 1776 Commission shall:
(i) facilitate the development and implementation of a “Presidential 1776 Award” to recognize student knowledge of the American founding, including knowledge about the Founders, the Declaration of Independence, the Constitutional Convention, and the great soldiers and battles of the American Revolutionary War;
(ii) in coordination with the White House Office of Public Liaison, coordinate bi-weekly lectures regarding the 250th anniversary of American Independence that are grounded in patriotic education principles, which shall be broadcast to the Nation throughout calendar year 2026;
(iii) upon request, advise executive departments and agencies regarding their efforts to ensure patriotic education is appropriately provided to the public at national parks, battlefields, monuments, museums, installations, landmarks, cemeteries, and other places important to the American founding and American history, as appropriate and consistent with applicable law;
(iv) upon request, offer advice and recommendations to, and support the work of Task Force 250 and the United States Semiquincentennial Commission regarding their plans to celebrate the 250th anniversary of American Independence; and
(v) facilitate, advise upon, and promote private and civic activities nationwide to increase public knowledge of and support patriotic education surrounding the 250th anniversary of American Independence, as appropriate and consistent with applicable law.
(f) The Department of Education shall provide funding and administrative support for the 1776 Commission, to the extent permitted by law and subject to the availability of appropriations.
(g) Members of the 1776 Commission shall serve without compensation but, as approved by the Department of Education, shall be reimbursed for travel expenses, including per diem in lieu of subsistence, as authorized by law for persons serving intermittently in the Government service (5 U.S.C. 5701-5707).
(h) Insofar as chapter 10 of title 5, United States Code (commonly known as the Federal Advisory Committee Act), may apply to the 1776 Commission, any functions of the President under that Act, except that of reporting to the Congress, shall be performed by the Secretary of Education, in accordance with the guidelines issued by the Administrator of General Services.
(i) The 1776 Commission shall terminate 2 years from the date of this order, unless extended by the President.

Sec. 5. Additional Patriotic Education Measures. (a) All relevant agencies shall monitor compliance with section 111(b) of title I of Division J of Public Law 108-447, which provides that “[e]ach educational institution that receives Federal funds for a fiscal year shall hold an educational program on the United States Constitution on September 17 of such year for the students served by the educational institution,” including by verifying compliance with each educational institution that receives Federal funds. All relevant agencies shall take action, as appropriate, to enhance compliance with that law.
(b) All relevant agencies shall prioritize Federal resources, consistent with applicable law, to promote patriotic education, including through the following programs:
(i) the Department of Education’s American History and Civics Academies and American History and Civics Education-National Activities programs;
(ii) the Department of Defense’s National Defense Education Program and Pilot Program on Enhanced Civics Education; and
(iii) the Department of State’s Bureau of Educational and Cultural Affairs and Fulbright, U.S. Speaker, and International Visitor Leadership programs, as well as the American Spaces network.

Sec. 6. 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.

MIL OSI USA News –

January 30, 2025
MIL-OSI USA News: Expanding Educational Freedom and Opportunity for Families

Source: The White House

By the authority vested in me as President by the Constitution and the laws of the United States of America, and to improve the education, well-being, and future success of America’s most prized resource, her young citizens, it is hereby ordered:

Section 1. Purpose. Parents want and deserve the best education for their children. But too many children do not thrive in their assigned, government-run K-12 school. According to this year’s National Assessment of Educational Progress (NAEP), 70 percent of 8th graders were below proficient in reading, and 72 percent were below proficient in math. Moreover, geographically based school assignments exacerbate the cost of housing in districts with preferred schools, straining the finances of millions of American families sacrificing for their children’s futures.

When our public education system fails such a large segment of society, it hinders our national competitiveness and devastates families and communities. For this reason, more than a dozen States have enacted universal K-12 scholarship programs, allowing families — rather than the government — to choose the best educational setting for their children. These States have highlighted the most promising avenue for education reform: educational choice for families and competition for residentially assigned, government-run public schools. The growing body of rigorous research demonstrates that well-designed education-freedom programs improve student achievement and cause nearby public schools to improve their performance.

Sec. 2. Policy. It is the policy of my Administration to support parents in choosing and directing the upbringing and education of their children.

Sec. 3. Guidance on Supporting State-based K-12 Educational Choice. Within 60 days of the date of this order, the Secretary of Education shall issue guidance regarding how States can use Federal formula funds to support K-12 educational choice initiatives.

Sec. 4. Encouraging Education Freedom through Discretionary Grant Programs. (a) The Secretary of Education shall include education freedom as a priority in discretionary grant programs, as appropriate and consistent with applicable law.
(b) Within 90 days of the date of this order, the Secretary of Labor and the Secretary of Education shall review their respective discretionary grant programs and each submit a plan to the President, through the Assistant to the President for Domestic Policy, that identifies, evaluates, and makes recommendations regarding using relevant discretionary grant programs to expand education freedom for America’s families and teachers.

Sec. 5. Expanding Opportunities for Low-Income, Working Families. Within 90 days of the date of this order, the Secretary of Health and Human Services shall issue guidance regarding whether and how States receiving block grants for families and children from the Department, including the Child Care and Development Block Grant (CCDGB), can use them to expand educational choice and support families who choose educational alternatives to governmental entities, including private and faith-based options.

Sec. 6. Helping Military Families. Within 90 days of the date of this order, the Secretary of Defense shall review any available mechanisms under which military-connected families may use funds from the Department of Defense to attend schools of their choice, including private, faith-based, or public charter schools, and submit a plan to the President describing such mechanisms and the steps that would be necessary to implement them beginning in the 2025-26 school year.

Sec. 7. Helping Children Eligible for Bureau of Indian Education (BIE) Schools. Within 90 days of the date of this order, the Secretary of the Interior shall review any available mechanisms under which families of students eligible to attend BIE schools may use their Federal funding for educational options of their choice, including private, faith-based, or public charter schools, and submit a plan to the President describing such mechanisms and the steps that would be necessary to implement them for the 2025-26 school year. The Secretary shall report on the current performance of BIE schools and identify educational options in nearby areas.

Sec. 8. 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.

MIL OSI USA News –

January 30, 2025
MIL-OSI USA News: Celebrating America’s 250th Birthday

Source: The White House

By the authority vested in me as President by the Constitution and the laws of the United States of America, and in anticipation of the 250th anniversary of American Independence on July 4, 2026, it is hereby ordered:

Section 1. Purpose. It is the policy of the United States, and a purpose of this order, to provide a grand celebration worthy of the momentous occasion of the 250th anniversary of American Independence on July 4, 2026. It is also the purpose of this order to take other actions to honor the history of our great Nation.

Sec. 2. Establishing the White House Task Force on Celebrating America’s 250th Birthday. (a) There is hereby established the White House Task Force on Celebrating America’s 250th Birthday (Task Force 250).
(b) The President shall be the Chair of Task Force 250 and the Vice President will serve as Vice Chair. The Chair shall appoint an Executive Director, who shall administer and execute the day-to-day operations of Task Force 250, and who shall report through the Assistant to the President for Domestic Policy. The Chair, the Vice Chair, or a member of Task Force 250 designated by the Chair, shall convene regular meetings of Task Force 250, determine its agenda, and direct its work, consistent with this order. The Executive Director and the Assistant to the President for Domestic Policy shall assist in the performance of these duties. The Chair may designate any member of the Task Force to preside over meetings of the Task Force.
(c) In addition to the Chair and Vice Chair, Task Force 250 shall consist of the following members:
(i) the Secretary of State;
(ii) the Secretary of the Treasury;
(iii) the Secretary of Defense;
(iv) the Secretary of the Interior;
(v) the Secretary of Agriculture;
(vi) the Secretary of Housing and Urban Development;
(vii) the Secretary of Education;
(viii) the Assistant to the President for Domestic Policy;
(ix) the Deputy Chief of Staff for Legislative Affairs;
(x) the Cabinet Secretary and Deputy Chief of Staff;
(xi) the Director of Speechwriting;
(xii) the Chair of the National Endowment for the Humanities;
(xiii) the Chair of the National Endowment for the Arts;
(xiv) the Director of the Institute of Museum and Library Services; and
(xv) the heads of such other executive departments, agencies, and offices that the Chair or the Vice Chair may, from time to time, designate or invite to participate.
(d) The Chair and the Vice Chair, as they deem appropriate, shall invite the Executive Director of the United States Semiquincentennial Commission to provide recommendations and advice to Task Force 250.
(e) Task Force 250 shall coordinate with the executive departments and agencies (agencies) to plan, organize, and execute an extraordinary celebration of the 250th Anniversary of American Independence and shall coordinate agencies’ communications with the United States Semiquincentennial Commission. In addition, the Executive Director may seek information or advice from such other agencies as Task Force 250 shall direct.
(f) For administrative purposes, the Task Force shall be housed in the Department of Defense, which shall provide funding and administrative support for Task Force 250, to the extent permitted by law and subject to the availability of appropriations.
(g) Agencies shall provide a report to Task Force 250 regarding their respective planning and activities with respect to the celebration of the 250th Anniversary of American Independence. These reports should be submitted to the Executive Director of Task Force 250 no later than March 1, 2025.
(h) Task Force 250 shall terminate on December 31, 2026, unless extended by the President.

Sec. 3. National Garden of American Heroes. (a) Executive Order 13934 of July 3, 2020 (Building and Rebuilding Monuments to American Heroes) and Executive Order 13978 of January 18, 2021 (Building the National Garden of American Heroes) are reinstated as they were prior to issuance of Executive Order 14029 of May 14, 2021.
(b) The Assistant to the President for Domestic Policy shall recommend to the President additional historically significant Americans for inclusion in the National Garden of American Heroes, to bring the total number of heroes to 250.
(c) Section 3(c)(ii) of Executive Order 13934 is amended by striking “prior to the 250th anniversary of the proclamation of the Declaration of Independence on July 4, 2026” and inserting in its place “as expeditiously as possible”.

Sec. 4. Protecting America’s Monuments from Vandalism. Executive Order 13933 of June 26, 2020 (Protecting American Monuments, Memorials, and Statues and Combatting Recent Criminal Violence) is hereby reinstated as it was prior to the issuance of Executive Order 14029 of May 14, 2021. Recent examples of conduct necessitating reinstatement of this order include pro-Hamas-related vandalism of historically significant public monuments and related assaults on Federal officers and employees following October 7, 2023, including the vandalism of the exterior of the Department of the Treasury and of statues in Lafayette Square in Washington, D.C. on June 8, 2024, and the assaults on Federal officers and vandalism of the Christopher Columbus Memorial Fountain and Freedom Bell at Union Station in Washington, D.C. on July 24, 2024.

Sec. 5. 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.

MIL OSI USA News –

January 30, 2025
MIL-OSI Security: Taos Pueblo Man Pleads Guilty to Multiple Counts of Child Sexual Abuse

Source: Office of United States Attorneys

ALBUQUERQUE – A Taos Pueblo man pleaded guilty in federal court today to three counts of sexual abuse of children.

According to court documents, Ben John Martinez, 76, an enrolled member of Taos Pueblo, admitted to exploiting his traditional roles in Taos Pueblo to sexually assault minors during traditional ceremonies and at his home on Taos Pueblo between 2001 and 2010. Martinez used his position to gain unsupervised access to children including John Doe, Jane Doe 1, and Jane Doe 2 as well as other currently known victims as described in the plea agreement.

Martinez was taken into custody pending sentencing, which has not yet been scheduled. At sentencing, Martinez faces 15-40 years imprisonment.

U.S. Attorney Alexander M.M. Uballez, and Raul Bujanda, Special Agent in Charge of the FBI Albuquerque Field Office, made the announcement today.

The Santa Fe Resident Agency of the FBI Albuquerque Field Office investigated this case with assistance from the Taos Pueblo Department of Public Safety. Assistant United States Attorney Brittany J. DuChaussee is prosecuting the caseas part of Project Safe Childhood, a nationwide initiative to combat the growing epidemic of child sexual exploitation and abuse launched in May 2006 by the Department of Justice. Led by U.S. Attorneys’ Offices and CEOS, Project Safe Childhood marshals federal, state, and local resources to better locate, apprehend and prosecute individuals who exploit children via the Internet, as well as to identify and rescue victims. For more information about Project Safe Childhood, please visit Justice.gov/PSC.

The FBI continues to investigate Martinez’s involvement in crimes against other victims. If you have reason to believe you or someone you know may be a victim, please call the FBI at (505) 889-1300 or Chief Summer Mirabal of the Taos Pueblo Department of Public Safety at (575) 741-0764.

# # #

MIL Security OSI –

January 30, 2025
MIL-OSI Security: Brooklyn Man Charged with Sexual Exploitation of a Child

Source: Office of United States Attorneys

Earlier today, an indictment was unsealed charging Ramel Warner with sexual exploitation of a child. The defendant was arrested this morning and arraigned before Magistrate Judge Vera M. Scanlon. He was detained pending trial.

John J. Durham, United States Attorney for the Eastern District of New York, and James E. Dennehy, Assistant Director in Charge, Federal Bureau of Investigation, New York Field Office (FBI), announced the arrest and charge.

“As alleged, while babysitting a seven-year-old boy, the defendant horrifically abused him, filmed the acts and subsequently distributed it on the dark web,” stated United States Attorney Durham. “Our Office will continue to work tirelessly with our law enforcement partners to bring to justice anyone who abuses children.”

Mr. Durham expressed his appreciation to the New York City Police Department for their assistance on the case.

“Ramel Warner is alleged to have used his access to a young child, while babysitting him at his own home, to film himself sexually assaulting the child. Warner’s alleged actions are unconscionable, and we believe there may be more victims. We ask anyone with information regarding his actions to please come forward, so that we can further investigate and aid his victims. The FBI is committed to ensuring the safety of children and holding their abusers accountable in the criminal justice system,” stated FBI Assistant Director in Charge Dennehy.

As set forth in court filings, in approximately 2022, the defendant raped the young son of a family friend in the child’s own home when he was supposed to be babysitting him. The defendant recorded six videos of his sexual abuse of the child, one of which was over four minutes long. The videos the defendant created depict him anally penetrating the child and performing oral sex on him. Those videos were subsequently distributed on the dark web.

The government believes the defendant has worked at afterschool programs in Brooklyn public schools, including a dance group for minor children operating out of a Brooklyn middle school. Anyone with information about sexual exploitation by the defendant should contact the FBI at RWarnerCase@fbi.gov.

This prosecution is part of Project Safe Childhood, a nationwide initiative launched in May 2006 by the Department of Justice to combat the growing epidemic of child sexual exploitation and abuse. Led by United States Attorneys’ Offices, Project Safe Childhood marshals federal, state and local resources to better locate, apprehend and prosecute individuals who exploit children via the Internet, as well as to identify and rescue victims. For more information about Project Safe Childhood, please visit https://www.justice.gov/psc.

The charges in the indictment are allegations, and the defendant is presumed innocent unless and until proven guilty. If convicted, the defendant faces a minimum sentence of 15 years and a maximum sentence of 30 years.

The government’s case is being prosecuted by the Office’s General Crimes Section. Assistant United States Attorney Vincent Chiappini is in charge of the prosecution.

The Defendant:

Ramel Warner
Age: 23
Brooklyn, New York

E.D.N.Y. Docket No. 25-CR-32

MIL Security OSI –

January 30, 2025
MIL-OSI Security: Multi-Convicted Felon Sentenced to More Than Five Years in Federal Prison for Illegally Possessing Ammunition

Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

LOS ANGELES – A Los Angeles-area man with multiple prior felony convictions has been sentenced to 63 months in federal prison for illegally possessing ammunition during an incident last year in which pointed a firearm at a victim and also threatened to shoot the victim’s dog, the Justice Department announced today.

Edward Conway, 47, who was a transient at the time of the offense, was sentenced Monday afternoon by United States District Judge Percy Anderson. Conway pleaded guilty in October 2024 to one count of being a felon in possession of ammunition.

According to court documents, on February 25, 2024, Conway held a gun to the head of his ex-girlfriend’s cousin, demanding that the victim get Conway’s ex-girlfriend on the phone. Conway also threatened to shoot the man’s dog if he didn’t cooperate.

During the incident, Conway pointed to a camera on the man’s house and demanded that the victim turn the camera off. When the victim told Conway he was unable to do so, Conway fired his gun at the camera, pushed his gun into the victim’s back and pinned him to a car while continuing to threaten him.

When Conway shot toward the camera, a child was taking shelter from the commotion in a house adjacent to where Conway fired the gun, prosecutors wrote in a sentencing memorandum. Investigators recovered a 9mm caliber shell casing from the scene.

After shooting at the camera, Conway fled the scene on foot, but he was later arrested by officers with the Los Angeles Police Department.

Earlier that same day, Conway harassed and strangled his ex-girlfriend outside of a grocery store in Los Angeles, then proceeded to throw her car keys onto a neighboring apartment, preventing her from escaping him, according to the sentencing memo. As a result of this conduct, Conway was convicted of felony domestic violence and sentenced to 60 days in custody.

Conway is not legally permitted to possess ammunition because of his criminal history, which includes felony convictions in Los Angeles Superior Court for second-degree robbery, being a felon in possession of a firearm, and assault with a deadly weapon.

The FBI and the Los Angeles Police Department investigated this matter.

Assistant United States Attorney Mirelle N. Raza of the General Crimes Section prosecuted this case.

MIL Security OSI –

January 30, 2025
MIL-OSI USA: Chair Ernst Delivers Opening Remarks at Kelly Loeffler Nomination Hearing

US Senate News:

Source: United States Senator Joni Ernst (R-IA)
WASHINGTON – Today, at the Senate Committee on Small Business and Entrepreneurship hearing on the nomination of former Senator Kelly Loeffler to serve as the Small Business Administration (SBA) administrator, Chair Joni Ernst (R-Iowa) highlighted how Loeffler’s track record as a successful business leader provides the exact experience needed to reform the bloated agency and restore its mission.
Among the biggest areas in need of reform, Ernst cited widespread fraud in COVD-era relief designated for small businesses, the SBA’s mismanaged loan and disaster aid programs, and rampant telework abuse.
Click here watch Chair Ernst’s opening remarks.
Ernst’s full remarks:
“Senator Loeffler, as I already said, welcome to the Committee, and thank you for your willingness to serve in this role.
“I greatly appreciate the time you’ve spent meeting with me and my colleagues prior to this hearing. I want to take a minute to recognize some of your family here supporting you today. First, your husband, Jeff. Thank you, Jeff for being here. Next, your brother Brian, and his family, who I understand traveled to Washington D.C. from their farm in Illinois. And also, your parents, Don and Lynda, who are watching the hearing from their home in Florida today. We appreciate you all making the trip here and tuning into this important hearing.
“As a former member of this body, you understand the importance of the Senate’s advice and consent process, and I appreciate that you have fully embraced the committee’s standard, yet extensive, vetting of your experience and background in advance of today’s hearing and our upcoming vote on your confirmation.
“As a successful businesswoman, it is abundantly clear that you truly understand what it takes to be an entrepreneur.
“Throughout your distinguished career, you’ve risen through the ranks at multiple companies due to your determination and grit, and you have started many successful businesses yourself.
“Most importantly, you understand what it means to be overrun by Washington’s bureaucratic overreach—and that government must instead get out of businesses’ way so they can thrive.
“Small businesses and their advocates are excited for your leadership. The Committee has received several letters of support for Senator Loeffler’s nomination.
“The mission of the SBA is to aid small businesses to ensure economic prosperity and free competition.
“Traditionally, SBA administers programs and services falling into three main buckets: there’s counseling, contracting, and access to capital.
“While SBA once may have been characterized as a smaller agency, COVID small business programs made SBA a household name, as the agency received a whopping $1.1 trillion in taxpayer funding to assist small businesses during the pandemic.
“With that funding came big responsibilities, and I remain concerned the SBA under the prior Administration failed to live up to its mission.
“I believe substantial reforms must be made to get the SBA back in shape, and that is going to require strong leadership.
“The Biden administration decided to turn a blind eye to COVID fraud and delinquencies, refusing to properly collect outstanding debt and fraudulent funds, which has huge implications to the taxpayer.
“Reports have indicated SBA charged off about $18.6 billion worth of EIDL loans in Fiscal Year 2024.
“Not once during the Biden administration was the SBA able to provide an accounting of their loans receivable and loan guarantees, which meant that the Government Accountability Office hasn’t been able to even issue a financial audit of the Agency since Fiscal Year 2020.
“SBA also completely mismanaged and misinformed Congress last year regarding its disaster loan account, resulting in a shortfall lasting 66 days – an unacceptable failure for the disaster victims in North Carolina, South Carolina, Georgia, Virginia, and Florida.
“I do appreciate that once the account was funded, SBA staff worked around the clock, including over the holidays, to get the money out to disaster victims, but I never want to see that situation unfold again.
“While SBA is failing, it also appears that its workforce continues to stay home, while its more than 246,000 square foot Washington, D.C. headquarters sits empty.
“The GAO found that even if everyone did show up to work in person, the SBA’s building space would still only be 67 percent utilized, which is a complete waste of taxpayer money.
“That is why I introduced a bill to relocate 30 percent of the headquarters workforce to the SBA district offices across the country and cut 30 percent of office space.
“The SBA has been completely out of touch with the real-world challenges of entrepreneurs, and while the Biden administration simultaneously let SBA employees stay home, they also added positions in Washington, D.C. while stripping offices in Iowa, New Hampshire, Utah, and other states.
“I would like to work with you, Senator Loeffler, on ways to ensure SBA is effectively utilizing its personnel and ensuring that small businesses in all parts of America are able to access SBA programs if they need them.
“I’ve detailed these concerns and others regarding the mess you have to clean up from the Biden administration, and potential landmines you will encounter, in a letter to President Trump on day one of his new Administration. I ask unanimous consent to enter that letter into the record.
“Without objection, so ordered.
“In Iowa, Main Street is in trouble, and I hear from my colleagues that this is true in their states across America.
“Small businesses are the lifeblood of our rural communities, and for too long under the Biden administration, they’ve been crushed with red tape and woke program requirements, with no one caring about how that affects the day-to-day operations.
“I see a great opportunity for the Trump administration, and you, to revitalize small businesses in America.
“Thank you again for being here, and I look forward to your testimony.”

MIL OSI USA News –

January 30, 2025
MIL-OSI Canada: Province extends Fairy Creek old-growth deferral

Source: Government of Canada regional news

The Province has approved a legal order to extend temporary protections in the Fairy Creek watershed until Sept. 30, 2026.

The extension applies to the same forest lands as those deferred in June 2021.

“I am working to put people and communities back at the heart of forestry,” said Ravi Parmar, Minister of Forests. “True, lasting and meaningful reconciliation begins with partnering and working with First Nations. Together, we can build a strong, robust and sustainable forest sector for the next 100 years.”

These temporary protections will allow discussions on the long-term management of the Fairy Creek watershed to continue in partnership with Pacheedaht First Nation. This action is consistent with government’s commitments to reconciliation and to protecting British Columbia’s oldest and rarest forest ecosystems.

The Fairy Creek deferral protects almost 1,200 hectares, which is all the Crown land in the Fairy Creek watershed. The entire watershed falls within the Pacheedaht First Nation’s territory.

Work continues provincewide with First Nations rights and title holders to take unprecedented action to protect old-growth forests. Since the release of the 2020 Old Growth Strategic Review, action has been taken on all 14 of the review’s recommendations, which are highlighted in the 2024 update From Review to Action.

A key part of the Province’s old-growth strategy is forest landscape planning (FLP) tables. FLP tables provide a vital opportunity for collaborative Indigenous and provincial government leadership in forest planning and meaningful engagement with local communities and stakeholders, ensuring local interests are addressed in forest management.

Fifteen FLP projects are underway throughout the province, at various stages of development. Last month, government announced open houses for engagement on the Bulkley-Morice FLP, which are ongoing in the Skeena region.

Learn More:

For more information about approach to old growth:
https://www2.gov.bc.ca/gov/content/industry/forestry/managing-our-forest-resources/old-growth-forests

From Review to Action:
https://www2.gov.bc.ca/assets/gov/farming-natural-resources-and-industry/forestry/stewardship/old-growth-forests/from_review_to_action.pdf

Old Growth Strategic Review:
https://www2.gov.bc.ca/assets/gov/farming-natural-resources-and-industry/forestry/stewardship/old-growth-forests/strategic-review-20200430.pdf

MIL OSI Canada News –

January 30, 2025
MIL-OSI Australia: Eurobodalla Regional Hospital moves ahead with first concrete pour complete and highway roundabout works to begin

Source: New South Wales Government 2

Headline: Eurobodalla Regional Hospital moves ahead with first concrete pour complete and highway roundabout works to begin

Published: 29 January 2025

Released by: Minister for Health, Minister for the Illawarra and the South Coast, Minister for Regional Health

Construction of the new $330 million Eurobodalla Regional Hospital is on track, with the first concrete pour complete and work to build a new roundabout on the Princes Highway set to start in the coming months.

The new concrete slab forms part of the lower ground floor of the north-western corner of the hospital which will include the first paediatric department in the region and a contemporary maternity unit, supporting high-quality, patient-centred care.

The new maternity department has been designed with extensive input from staff and the community, and will offer a calming, modern and culturally safe environment for women and families.

The new paediatric department will complement other new services such as an intensive care unit and an MRI, enabling the hospital to provide comprehensive care for newborns, infants, and children.

To support future access to the new hospital’s site entrance, work to deliver a new roundabout on the Princes Highway will shortly begin, with construction expected to start in the coming months.

To ensure the safety of workers and motorists, temporary traffic conditions will be in place during this period, with work expected to be completed late 2025.

Staff and the community are encouraged to stay up to date with the latest project news and information by visiting the project website.

Quotes attributable to Minister for Regional Health Ryan Park:

“The NSW Government is investing in the future of our local communities by delivering this critical health infrastructure project which will support the healthcare needs of the entire Eurobodalla Shire from Narooma to Batemans Bay.

“The $330 million new Eurobodalla Regional Hospital will be larger than both Moruya and Batemans Bay hospitals combined and has been designed with the capacity to grow as demand for health services changes.

“This exciting milestone is another step towards delivering a world-class hospital for the Eurobodalla community.”

Quotes attributable to Member for Bega, Dr Michael Holland

“It’s very exciting to see the significant progress being made on the $330 million Eurobodalla Regional Hospital project, which will soon provide more health services and more specialist care for our community.

“I’m pleased to see the new paediatrics and maternity units taking shape, which will support elevated healthcare for families in the Eurobodalla, enabling and offering an enhanced level of service and care to our community.”

MIL OSI News –

January 30, 2025
MIL-OSI USA: Kennedy, Booker introduce bill to protect animals from unnecessary drug testing at the FDA

US Senate News:

Source: United States Senator John Kennedy (Louisiana)

WASHINGTON – Sen. John Kennedy (R-La.) today joined Sen. Cory Booker (D-N.J.) and colleagues in introducing the Food and Drug Administration (FDA) Modernization Act 3.0. The bill would require the FDA to implement the FDA Modernization Act 2.0 (FDAMA 2.0) to update drug testing to meet modern standards.

In 2022, Congress passed the FDAMA 2.0, which Kennedy helped introduce and Pres. Joe Biden signed into law. The law removes a requirement under the Federal Food, Drug and Cosmetic Act for mandatory testing on animals before human clinical trials.

“The Biden administration had two years to implement the FDA Modernization Act 2.0, but it didn’t act. Congress should send this bill to Pres. Trump’s desk to help protect animals from mandatory testing at the FDA,” said Kennedy.

“It’s been over two years since Congress ended the statutory mandate that investigational new drugs (INDs) undergo mandatory animal testing before human clinical trials. We cannot allow the FDA to continue to delay on implementing this critical law. If passed, this bipartisan legislation will require FDA to finally update its regulations and will pave the way for more scientifically reliable and humane methods of drug development,” said Booker.

Under the FDAMA 2.0, the FDA would be required to use other methods of testing, such as organ chips, computer modeling and bioprinting, before human trials. The FDA Modernization Act 3.0 would mandate the FDA to update its regulations for testing within 12 months of enactment.

Sens. Eric Schmitt (R-Mo.), Rand Paul (R-Ky.), Angus King (I-Maine), Sheldon Whitehouse (D-R.I.), Richard Blumenthal (D-Conn.), Ben Ray Luján (D-N.M.) and Roger Marshall (R-Kan.) also cosponsored the legislation.

The full bill text is available here.

MIL OSI USA News –

January 30, 2025
MIL-OSI USA: Senator Coons, colleagues introduce bipartisan legislation to support firefighters with service-related cancers

US Senate News:

Source: United States Senator for Delaware Christopher Coons

WASHINGTON – U.S. Senators Chris Coons (D-Del.), Amy Klobuchar (D-Minn.) and Kevin Cramer (R-N.D.) reintroduced the Honoring Our Fallen Heroes Act. This bipartisan legislation, which passed unanimously out of the Senate Judiciary Committee last year, would expand federal support for the families of firefighters and other first responders who pass away or become permanently disabled from service-related cancers. The Public Safety Officer Benefits (PSOB) program—which provides benefits to first responders injured in the line of duty and to their families—currently extends protection to first responders suffering from a narrow list of injuries and illnesses. This bill would expand PSOB coverage to more first responders and their families.

“Firefighters face many life-threatening health risks. Not all of them move as swiftly as a heart attack, but families are no less deserving of benefits if they lose their loved ones to cancers they were exposed to the line of duty,” said Senator Coons. “We need to close this loophole in the PSOB program so that the families of firefighters and first responders who lost their lives due to service-related cancers or face severe disabilities receive the benefits they deserve.”

“As we are seeing in California and throughout the country, our firefighters put their lives on the line every day to keep us safe, often exposing themselves to carcinogens that can have lethal long-term effects. It’s unacceptable that firefighters who succumb to cancer from work-related exposure or become permanently and totally disabled don’t receive the same treatment as others who die in the line of duty,” said Senator Klobuchar. “Our bipartisan legislation will honor the memory and sacrifice of St. Paul Fire Department Captain Mike Paidar and so many others who risk their lives in service of their communities.”

“Our first responders epitomize courage and selfless sacrifice, confronting both the immediate perils of their duty and lingering health risks associated with their service,” said Senator Cramer. “The exposure to dangerous carcinogens happens on our behalf. When these heroes make the ultimate sacrifice, their families should not bear these burdens alone.”

The Honoring our Fallen Heroes Act would expand access to federal support for the families of firefighters and first responders who pass away from cancer caused by carcinogenic exposure during their service. The bill would also extend disability benefits in cases where these first responders become permanently and totally disabled due to cancer.

This legislation was introduced in honor of Michael Paidar, a fire captain who died in 2020 of an aggressive form of Acute Myeloid Leukemia. In 2021, after strong advocacy from the Paidar family, the Minnesota Department of Public Safety awarded line-of-duty benefits to Captain Paidar’s widow, Julie. This was the first time that Minnesota’s state PSOB program provided a firefighter’s family with benefits for cancer incurred in the line of duty. The Honoring Our Fallen Heroes Act would ensure that firefighters and other first responders across the country are eligible to receive similar benefits under the federal PSOB program.

In addition to Senators Coons, Klobuchar, and Cramer, this bill is also co-sponsored by Senators Alex Padilla (D-Calif.), Adam Schiff (D-Calif.), Jim Banks (R-Ind.), John Barrasso (R-Wyo.), Marsha Blackburn (R-Tenn.), Richard Blumenthal (D-Conn.), John Cornyn (R-Texas), Ted Cruz (R-Texas), Tammy Duckworth (D-Ill.), Dick Durbin (D-Ill.), John Fetterman (D-Pa.), Deb Fischer (R-Neb.), Lindsey Graham (R-S.C.), Mazie Hirono (D-Hawaii), John Hoeven (R-N.D.), Jim Justice (R-W.Va.), Mark Kelly (D-Ariz.), Ed Markey (D-Mass.), Mike Rounds (R-S.D.), Jeanne Shaheen (D-N.H.), Tim Sheehy (R-Mont.), Tina Smith (D-Minn.), Mark Warner (D-Va.), Elizabeth Warren (D-Mass.), Peter Welch (D-Vt.), Sheldon Whitehouse (D-R.I.), and Ron Wyden (D-Ore.).

The legislation is endorsed by the International Association of Fire Fighters (IAFF), Association of State Criminal Investigative Agencies (ASCIA), Congressional Fire Services Institute (CFSI), Federal Law Enforcement Officers Association (FLEOA), Fraternal Order of Police (FOP), International Association of Fire Chiefs (IAFC), Major County Sheriffs of America (MCSA), Metropolitan Fire Chiefs Association (Metro Chiefs), National Association of Police Organizations (NAPO), National Fallen Firefighters Foundation (NFFF), National Fire Protection Association (NFPA), National Narcotics Officers’ Associations Coalition (NNOAC), National Volunteer Fire Council (NVFC), and the Sergeants Benevolent Association of the NYPD.

A full list of endorsement quotes is available here.

Senator Coons has long-advocated for firefighters and first responders’ health, benefits, safety, and well-being. He worked to pass the bipartisan Fire Grants and Safety Act, which was signed into law by President Biden in 2023, and helps local fire departments access funding for training, personnel, and equipment—all of which are especially in demand from small and volunteer fire departments. He also cosponsored the Protecting America’s First Responders Act, which was signed into law in 2021, and improved the PSOB program by allowing benefit amounts to be calculated based on the date of the award and account for cost of living increases. In 2022, he introduced the Fighting Post-Traumatic Stress Disorder Act, a bipartisan bill to promote mental health programs for America’s first responders, who often face long-term effects from providing life-saving services in moments of crisis.

MIL OSI USA News –

January 30, 2025
MIL-OSI USA: Sen. Moran Joins Colleagues in Introducing Legislation to Incentivize Charitable Giving

US Senate News:

Source: United States Senator for Kansas – Jerry Moran

WASHINGTON – Today, U.S. Senator Jerry Moran (R-Kan.) joined James Lankford (R-Okla.) and Chris Coons (D-Del.) and 10 of his colleagues in introducing the Charitable Act to expand and extend the expired non-itemized deduction for charitable giving. The bill would ensure Americans who donate to charities, houses of worship, religious organizations and other nonprofits of their choice are able to deduct that donation from their federal taxes at a higher level than the current deduction.

The deduction became law as part of the CARES Act, passed by Congress and signed into law in 2020 by President Trump. The policy resulted in 90 million tax returns utilizing the deduction, and households making between $30,000 and $100,000 saw the largest increase in charitable giving. Charitable organizations received $30 billion in increased donations as a result.

“Americans continuously demonstrate their generosity and their desire to help those in need through their charitable giving,” said Sen. Moran. “Updating our tax laws will help reward and incentivize more charitable donations to provide resources for individuals who need help.”

“America’s first safety net should never be the government—government is the least efficient caregiver by far,” said Sen. Lankford. “Our families, churches, and other nonprofits do incredible work to lift up those who need it most. Updating the tax law to incentivize giving empowers Americans to make an even bigger impact for the homeless, hurting, and hungry.”

“Delawareans have always risen to the occasion in support of our communities,” said Sen. Coons. “Last year, Americans demonstrated our generosity by donating a collective $557 billion to charities, houses of worship, and nonprofits. I am proud to reintroduce the Charitable Act with Senator Lankford to help the federal government encourage even more Americans to embrace the civic virtue of giving to those in need.”

The senators were also joined by Sens. Catherine Cortez Masto (D-Nev.), John Hickenlooper (D-Colo.), Pete Ricketts (R-Neb.), Amy Klobuchar (D-Minn.), Raphael Warnock (D-Ga.), Jeanne Shaheen (D-N.H.), John Curtis (R-Utah), Marsha Blackburn (R-Tenn.), Katie Britt (R-Ala.) and Tim Scott (R-S.C.).

This bill is supported by numerous organizations including National Council of Nonprofits (25,000 member organizations), Charitable Giving Coalition (175 member organizations), the Nonprofit Alliance, Faith & Giving Coalition, Leadership 18, Independent Sector, YMCA, Council on Foundations, American Endowment Foundation, Philanthropy Southwest, Christian Alliance for Orphans, Ethics & Religious Liberty Commission, United Philanthropy Forum, National Association of Charitable Gift Planners, Association of Art Museum Directors, ECFA, Association of Fundraising Professionals, Council for Advancement and Support of Education, Americans for the Arts, American Heart Association, Oklahoma Center for Nonprofits, Delaware Alliance for Nonprofit Advancement, Maryland Nonprofits, Boys and Girls Club of America and March of Dimes.

MIL OSI USA News –

January 30, 2025
MIL-OSI Russia: Moscow scientists have developed 11 medical phantoms to enhance Patient Diagnosis

Source: Center for Diagnostics and Telemedicine of the Moscow Health Department (MHD)

The recent development has improved the accessibility of magnetic resonance imaging (MRI) technology. Researchers in Moscow have successfully developed 11 medical phantoms that accurately mimics human tissues, organs, and anatomical structures. These advancements assist healthcare professionals in conducting diagnostic procedures more effectively. This information was shared by Anastasia Rakova, Deputy Mayor of Moscow for Social Development.

Phantom Functionality and Applications

“Phantoms are durable and realistic products that mimic human anatomy. Some are utilized for training young professionals and refining the skills of experienced medical professionals, while others are employed for calibrating diagnostic equipment.” said Rakova. The development of these phantoms allows specialists to practice essential techniques for conducting imaging studies and prepares devices for various procedures. Among the latest innovations is a prostate phantom, which has already seen successful implementation in clinical settings.

Addressing Clinical Challenges

MRI is currently the most widespread technique to detect prostate cancer; however, the presence of artificial metal implants in older patients often complicates this type of imaging. This necessitates adjustments to the MRI protocol prior to examinations. To address this issue, scientists at the Center for Diagnostics and Telemedicine of the Moscow Healthcare Department have developed the first in-house prostate phantom, which allows for device calibration without requiring patient involvement.

“Metal implants can complicate the interpretation of MRI results significantly. Our objective was to tackle a critical clinical challenge: minimizing errors associated with metal hip implants during prostate MRI scans. These implants can not only cause distortions but also affect the accuracy of quantitative measurements. Developing a new scanning protocol is time-consuming, which can prolong the examination process and disrupt scheduling within diagnostic facilities. Moreover, adjustments made during the examination may lead to heating of the implant, resulting in patient discomfort. By utilizing a phantom, we can perform necessary adjustments in advance, thereby mitigating these risks,” explained Yuri Vasilev, Chief Consultant for Radiology of the Moscow Healthcare Department and CEO of the Moscow Center for Diagnostics and Telemedicine.

Previous Innovations and Future Directions

In addition to the prostate phantom, researchers recently introduced fetal phantom, designed to optimize MRI protocol for pregnant women. This tool not only aids in training physicians and X-Ray technicians but also serves as a benchmark for equipment standards in clinical practice and the development of new research protocols.

The Centre for Diagnostics and Telemedicine is a leading scientific and practical institution within the Moscow Healthcare Department, focusing on the creation of phantoms and medical simulators, as well as the provision of educational courses. Since its inception in 2013, the Center’s employees have produced over 800 scientific papers, including articles, methodological guidelines, monographs, and teaching materials.

This project aligns with national healthcare objectives aimed at enhancing the quality and accessibility of medical care for residents of Moscow.

MIL OSI Russia News –

January 30, 2025
MIL-OSI United Nations: From policy to progress: UN deputy chief Mohammed outlines path for Africa’s clean energy transformation

Source: United Nations 4

29 January 2025 Economic Development

United Nations Deputy Secretary-General Amina Mohammed highlighted on Tuesday the critical need for collaborative and urgent action to achieve the ambitious goal of bringing electricity to 300 million Africans by 2030.

“Access to electricity is not just a matter of convenience; it is a fundamental human right that underpins economic growth, education, healthcare, and gender equality,” Ms. Mohammed told African Heads of State attending the Mission 300 Africa Energy Summit in Dar es Salaam, Tanzania.

The Summit brought together African leaders and development partners to discuss Mission 300, an initiative by the African Development Bank and the World Bank. The initiative addresses energy access challenges and aims to create jobs for Africa’s youth and support future development.

“We must work together, with a sense of urgency and commitment, to ensure that no one is left behind in this transformative journey,” Ms. Mohammed, stressed.

Africa’s energy landscape presents a paradox. Despite being rich in renewable resources, the continent grapples with one of the lowest levels of energy access globally. As the UN deputy chief pointed out, nearly 600 million Africans lack access to electricity, making it essential to leverage the continent’s abundant renewable energy resources and critical minerals.

Unlocking Africa’s potential

“Africa has immense potential to show the world what a new economic development paradigm grounded in sustainability, resilience, justice, and inclusivity can look like,” Ms. Mohammed stated, and underscored the interconnectedness of enhanced energy access with broader development goals, such as health, education, and gender equality.

“By advancing long-term energy security and sovereignty, we can foster peace, create green jobs, and build resilient livelihoods – paving the way for improved stability and prosperity across the continent,” she said.

She highlighted that with renewable energy now being the cheapest source of new electricity, the Mission 300 initiative represents a transformative opportunity for Africa.

A shining example: Tanzania’s progress

Ms. Mohammed praised Tanzania as a beacon of success, showcasing how rural electrification and off-grid renewable energy solutions can transform lives, particularly in remote and underserved areas.

“The country has made remarkable strides, with electricity access increasing from just 14 per cent in 2011 to 46 per cent in 2022,” she noted. This progress has led to over one million new connections, driving the rural electrification rate to 72 per cent.

“This progress means that more boys and girls in remote areas can now study in well-lit classrooms, health workers can deliver life-saving services to off-grid populations, and rural businesses can thrive with reliable power,” said the UN deputy chief, emphasizing that energy access is not just about electricity – it’s about opportunity, equity, and the foundation of a brighter future.

Policies and reforms for transforming African energy

In a panel discussion that was held Monday on the theme Policies and Reforms for Transforming African Energy, Ms. Mohammed reiterated the need for comprehensive reforms to accelerate electrification across the continent. She stressed the role of renewable energy in driving sustainable development and reducing greenhouse gas emissions.

“Africa is rich in renewable energy resources, from solar and wind to hydro and geothermal power,” she said. “By harnessing these resources, we can not only provide electricity to millions but also create green jobs, improve health outcomes, and protect the environment.”

The Deputy Secretary-General highlighted three key areas for policymakers to focus on: fostering policy coherence, mobilizing finance and support, and enhancing transparent international cooperation.

UN Tanzania/Muntazar Abuhaidary

Fostering policy coherence

Ms. Mohammed underscored the importance of coherent and aligned policies with Sustainable Development Goals (SDGs) and Nationally Determined Contributions (NDCs), the individual climate action plans submitted by each country under the Paris Agreement.

“Policy makers and the international institutions need to strive to ensure sector-wide plans are coherent and aligned with the achievement of the SDGs due in 2030, while investors need robust regulatory laws in place to ensure business can operate aligned with them,” she stressed.

She added that “NDCs must coordinate the transition from fossil fuels with scaling of renewables and grid modernization and expansion, ensuring energy security and affordability.”

Ms. Mohammed also emphasized that NDCs represent a unique opportunity for all countries to align their new climate plans and energy strategies, together with addressing adaptation needs.

Mobilizing finance and support

While private sector investments are crucial, Ms. Mohammed stressed the importance of public financing, especially in modernizing grid infrastructure to expand access and integrate renewables. “Blending concessional public funds with commercial funds can help multiply renewable energy investments in developing countries,” she noted.

“We must work to strengthen the health of Africa’s public finances and tackle unsustainable debt burdens that are crowding out essential public investments,” the UN deputy chief added, calling for long-term concessional finance and the implementation of the $1.3 trillion roadmap agreed last year at the UN climate conference in Baku.

Transparent international cooperation

Ms. Mohammed went on to emphasize the importance of international investments and cross-border partnerships in delivering electricity projects at a massive scale. “Public private partnerships need to be subject to stable and transparent public procurement rules throughout the whole project cycle,” she said.

“Transparency and accountability should be a hallmark of Mission 300 and set a new standard for cooperation across the continent,” she concluded.

African Heads of State commit to energy reforms

The summit saw African Heads of State commit to concrete reforms and actions to expand access to reliable, affordable, and sustainable electricity. The Dar es Salaam Energy Declaration, endorsed by the summit, outlines the commitments and practical actions needed to achieve the Mission 300 goals.

“Today, we have taken a significant step towards transforming Africa’s energy landscape,” said President Samia Suluhu Hassan of Tanzania. “By working together and implementing these reforms, we can ensure that our citizens have access to clean and affordable energy, which is essential for their well-being and economic prosperity.”

Africa can lead clean energy transition

In her closing remarks, Ms. Mohammed expressed optimism about Africa’s potential to lead the global clean energy transition.

“With the right policies and reforms, Africa can become a model for sustainable development and resilience,” she said. “Let us seize this opportunity to create a brighter future for our continent and its people.”

MIL OSI United Nations News –

January 30, 2025
MIL-OSI: Parkway International Capital Group Funds $17.5 Million Senior Living Refinance

Source: GlobeNewswire (MIL-OSI)

HENDERSON, Nev., Jan. 29, 2025 (GLOBE NEWSWIRE) — Parkway International Capital Group (PIC Group) has successfully closed a $17.5 million refinance loan for a premier senior living development in Henderson, Nevada, demonstrating its expertise in large-scale, customized financing solutions.

Why the Borrower Chose PIC Group
The borrower, a leading healthcare and senior living developer with over $500 million in completed projects, selected PIC Group for its:

* Industry Expertise: Proven success in senior living financing
* Efficient Execution: Closing within 20 days
* Tailored Solutions: Structuring that delivered cost savings and flexibility

Addressing Growing Market Demand
The project, a 150-unit senior living community with independent living, assisted living, and memory care services, meets rising demand in Henderson, where the senior population continues to grow. This aligns with a projected 44% increase in demand for senior housing by 2030 (NIC data).

Financial Highlights
* Loan Amount: $17.5 million
* Loan Term: 36 Months, up to 5 years amortization
* Interest Rate: Fixed at 8.98%
* Loan-to-Value (LTV): 75%, ensuring liquidity and equity balance

The refinance reduced the borrower’s annual debt service by $450,000 and provided capital for future projects.

About Parkway International Capital Group
PIC Group specializes in innovative commercial financing for high-value projects, partnering with clients to deliver tailored solutions and exceptional results.

Media Contact

Marvin Fincham
Visit our website at pic-group.net
Email us at loans@pic-group.net

The MIL Network –

January 30, 2025
MIL-OSI Submissions: DRC – Humanitarian catastrophe unfolds in North and South Kivu as violence escalates: INGOs call for immediate action

Source: Physicians for Human Rights (PHR)

29 Jan 2025 – Press release from the International NGO Forum in the Democratic Republic of Congo

International Non-Governmental Organizations (INGOs) operating in the Democratic Republic of Congo (DRC) express their grave concern over consequences of ongoing combats in the city of Goma since Sunday, marked by the deployment of M23/AFC supported by Rwanda Defense Forces, and the rapidly deteriorating humanitarian situation in North and South Kivu.

Despite the challenges and forced sheltering in place of their staff, ready to provide urgently needed support, humanitarian NGOs remain committed to staying and delivering aid in North and South Kivu.

Escalating fighting in and around Goma has engulfed densely populated areas, placing tens of thousands of civilians in immediate danger and direct harm. Active hostilities, including heavy artillery and small arms fire, have been reported in and around Goma’s outskirts. Relentless bombing and shelling have been heard in all neighborhoods, heightening fear among the local population and displaced communities alike.

Multiple humanitarian compounds, including NGO offices, health centers, and warehouses, have been directly impacted by the fighting. Several humanitarian organizations have had their compounds shelled and entered by combatants. Military positions have been placed near humanitarian offices, including downtown areas. Several humanitarian facilities storing essential resources to support the population have been looted. Looting and shell impacts have further diminished aid stocks, hampering future service delivery. Essential civilian infrastructures, such as healthcare facilities, schools, and markets, are also attacked or under threat. All must be protected, as well as humanitarian workers, in accordance with international humanitarian law.

In the three weeks leading to ongoing battle in Goma, intensifying conflict between the M23/AFC, the Congolese army and their allies had already displaced 400,000 new people, adding to the 4.6 million people already uprooted by years of violence in eastern DRC. Protection issues, including attacks on civilians, sexual violence, and human rights violations, have reached epidemic levels.

In Goma and surroundings, the situation has reached a breaking point. The city, a vital hub for over 2 million people, including 696,650 internally displaced persons (IDPs), had already seen 30,000 additional displaced people arrive between January 6 and 22, with many more unaccounted for. While the situation in Goma is extremely tense, with INGOs forced to halt operations due to insecurity, organizations are preparing to respond to the growing humanitarian needs, despite already overstretched resources .

Ongoing hostilities are forcing many families to abandon camps due to insecurity and regroup in the city or other overcrowded sites, further worsening their already precarious living conditions, with no safe space to go. Repeated attacks on critical infrastructure, including electrical grids, increasingly paralyze water supply systems, leaving the city without access to safe drinking water.

As a central hub for humanitarian operations in the region, Goma plays a vital role in coordinating and delivering assistance across North and South Kivu and most of Eastern DRC. The ongoing conflict could have catastrophic consequences, overwhelming already strained resources, disrupting aid delivery, and jeopardizing the entire humanitarian response in the province.

“Immediate diplomatic action is urgently needed. All parties to the conflict must uphold their obligations under international law to protect civilians from harm, ensuring their freedom of movements, and protection of humanitarian workers”, says Luc Lamprière, Director of DRC INGO Forum.”Humanitarians are there and ready. Safe and unhindered humanitarian access to deliver life-saving assistance must be an absolute priority to mitigate further deterioration of the crisis”, he adds.

Gunfire near Goma Airport and overall security situation in other areas has led to the suspension of all flights, including humanitarian, further limiting the movement of humanitarian workers and relief supplies. Internet access is also severely impacted and often interrupted. In North and South Kivu, humanitarian access is now severely restricted due to widespread violence and insecurity, which have rendered many key routes impassable. Roads to critical areas such as Lubero are blocked by ongoing clashes and the presence of armed groups, cutting off vital aid supplies and leaving thousands without assistance.

In Minova, South Kivu, since M23 took control of the city on January 21, stocks of essential medicines are rapidly depleting. While healthcare partners do their utmost to continue to provide critical services where possible, despite heavy artillery risks and proximity to frontline clashes, humanitarian access has been completely cut off. The delivery of essential goods such as food and medicines is close to impossible, and civilians are trapped without safe options for evacuation.

Humanitarian organizations urgently call on all parties to the conflict to agree to the establishment of safe access to enable the resupply of critical medical and humanitarian supplies, safe civilian movement, and the rotation of humanitarian staff. Specifically, access in and out of Goma, and between Minova and Bukavu, must be prioritized to ensure life-saving assistance reaches affected populations.

Donors must be prepared to mobilize humanitarian funding to address the immediate needs of affected populations and to support their long-term resilience. This includes providing food, shelter, water, healthcare, and protection services. The international community must act swiftly to prevent further suffering and ensure that the humanitarian response can meet the escalating needs.

For further information on this communication, please contact: representante-goma@forumongirdc.org

The INGO Forum in DRC is an independent body of over 124 international non-governmental organizations (INGOs). Forum members cover all the country’s provinces and work in all humanitarian, development, and peace-building sectors. Most INGOs members of the Forum have an active presence in Eastern DRC, including the provinces of North and South Kivu.

MIL OSI – Submitted News –

January 30, 2025
MIL-OSI Video: Secretary Rubio meets with Canadian Foreign Minister Mélanie Joly

Source: United States of America – Department of State (video statements)

Secretary of State Marco A. Rubio meets with Canadian Foreign Minister Mélanie Joly at the Department of State, on January 29, 2025.

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https://www.youtube.com/watch?v=oHGMeioGeqA

MIL OSI Video –

January 30, 2025

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