Category: United States of America

  • MIL-OSI USA: Middle East and North Africa Subcommittee Chairman Lawler Delivers Opening Remarks at Hearing on State Department Bureau of Counterterrorism

    Source: US House Committee on Foreign Affairs

    Media Contact 202-321-9747

    WASHINGTON, D.C. – Today, House Foreign Affairs Middle East and North Africa Subcommittee Chairman Michael Lawler delivered opening remarks at a subcommittee hearing on the State Department’s Bureau of Counterterrorism FY26 Budget Posture.

    Watch Here

    -Remarks-

    The subcommittee on the Middle East and North Africa will come to order. The purpose of this hearing is to assess the budgetary posture and strategic direction of the State Department’s Bureau of Counterterrorism for fiscal year 2026. I now recognize myself for an opening statement.

    Today we convene to duck conduct oversight of the State Department’s Bureau of Counterterrorism and review its budgetary posture and strategic priorities for fiscal year 2026. I want to thank our witness acting coordinator for Counterterrorism, Gregory LoGerfo, for appearing before us today. The Bureau of Counterterrorism is a vital arm of America’s national security strategy. It plays a leading role in coordinating US counter-terrorism policy, engaging foreign partners to disrupt threats before they reach our shores, and supporting global efforts to confront terrorism in all its forms. From its role in special operations to diplomatic engagement to training programs, the bureau is on the front lines of protecting the American people. As terrorism threats are becoming more diffused, adaptive, and globally networked, we must ensure the Bureau is equipped to respond with agility, efficiency, and strategic foresight.

    In the Middle East, this means confronting the malign influence of Iran backed proxy groups such as Hamas, Hezbollah, and the Houthis, while sustaining pressure on Isis whose presence in the region remains a serious concern. And it is with this background that we examine the Bureau of Counter Terrorism’s budget. During this hearing today, we will assess how the Bureau is delivering measurable security dividends for US taxpayers through its foreign assistance programming, particularly through its anti-terrorism assistance and the worldwide security program. We will also explore the extent to which the bureau’s budget requests will enable personnel to adapt to new geopolitical threats while maintaining coordination across the inter-agency and international partners. We must also consider whether the state department’s reorganization has impacted outcomes and how the bureau is responding to its expanded scope. We must determine if the State Department has the tools, authorities, and structure to preserve its capacity to respond to regional complexities. Finally, I want to emphasize that the effective counter-terrorism policy demands a strong partnership between Congress and the department that is granted in transparency, oversight, and shared strategic vision.

    As we move toward reauthorization and review of the department’s fiscal year 2026 plan, this subcommittee is committed to ensuring that the Bureau of Counterterrorism has the resources and guidance it needs to remain a global leader in combating our world’s most dangerous threats. Mr. LoGerfo, we look forward to your testimony and to a robust discussion of how we can work together to safeguard the United States and our allies in an increasingly complex threat environment.

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    MIL OSI USA News

  • MIL-OSI USA: Deadline Approaches to Register for 2025 Governor’s Summit

    Source: US State of Nebraska

    Registrations should be submitted online at govsummit.nebraska.gov by Thursday, July 31st.

    “Our state’s incredible economy is driven by two main engines—agriculture and manufacturing,” said Gov. Pillen. “In Nebraska, we grow things and make things that are in demand worldwide, and we do it better than any place else in the world. At this summer’s Summit, we’ll explore how to generate even more value by uniting our strengths in ag and manufacturing to lead the nation’s new bioeconomy.”

    This year’s Governor’s Summit takes place August 13-14 in Kearney. It will feature breakout tracks on workforce development, manufacturing, and the bioeconomy. Husker football coach Matt Rhule will give the keynote address on Thursday morning, August 14th.

    A complete rundown of activities and breakout sessions can be found on the website (govsummit.nebraska.gov).

    In conjunction with the main conference, the State is hosting the inaugural Governor’s Youth Summit on August 14th in Kearney. The experience is designed for high school students and recent graduates, providing them with direct access to career opportunities in Nebraska. During the event, student attendees will connect one-on-one with businesses and colleges to learn about internships, scholarships, and other career pathways. More information about the Youth Summit is available at govsummit.nebraska.gov/youth.

    For an agenda and registration information for the 2025 Governor’s Summit, go to govsummit.nebraska.gov.

    MIL OSI USA News

  • MIL-OSI USA: Justice Department Announces Formation of Strike Force to Assess Evidence Publicized by ODNI

    Source: US State of North Dakota

    WASHINGTON – Today, the Department of Justice announced the formation of a Strike Force to assess the evidence publicized by Director of National Intelligence Tulsi Gabbard and investigate potential next legal steps which might stem from DNI Gabbard’s disclosures.

    This Department takes alleged weaponization of the intelligence community with the utmost seriousness.

    Upon the formation of the Strike Force, Attorney General Pamela Bondi stated:

    “The Department of Justice is proud to work with my friend Director Gabbard and we are grateful for her partnership in delivering accountability for the American people. We will investigate these troubling disclosures fully and leave no stone unturned to deliver justice.”

    MIL OSI USA News

  • MIL-OSI Security: Billings man sentenced to 14 years in prison on drug and gun charges

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    BILLINGS – A Billings man who distributed drugs in the Billings area was sentenced today to 168 months in prison to be followed by 4 years of supervised release, U.S. Attorney Kurt Alme said.

    Tirrell Lewis, 45, pleaded guilty in February 2025 to one count of possession with intent to distribute controlled substances and one count of prohibited person in possession of a firearm and ammunition.

    U.S. District Judge Susan P. Watters presided.

    The government alleged in court documents that on November 3, 2023, law enforcement officers received a call that there were two gunshots in the vicinity of a residential address and the caller saw a gray Mustang leave the area very quickly. Officers spoke to the Lewis’s girlfriend on scene, and she said the sounds were fireworks. She also said she and Lewis were in a relationship and he had not been present at her residence. She allowed officers to look in her backyard where they found two spent rifle casings.

    The caller told police Lewis had been at the residence and he and his girlfriend were arguing before the two gunshots and then the caller saw Lewis leave in the gray Mustang.

    Later that evening officers located the Mustang. They attempted to stop the vehicle, but it fled a short distance before stopping in front of Lewis’s girlfriend’s residence. Lewis got out of the car and fled on foot behind the residence. He circled the house and ran right into an officer who then arrested him. When Lewis was taken into custody, he was found to have $6,216.18 on his person.

    On November 13, 2023, a search warrant was executed on the Mustang. Inside were 4 firearms, 91 rounds of assorted ammunition, 7 ounces of fentanyl, and 9 ounces of methamphetamine. The drugs were located in a backpack in the trunk. The fentanyl was in 3 bags inside. One contained 50 pills, one contained 1,003, and one contained 814. The methamphetamine was in two zip lock baggies next to a scale and 23 clean baggies. There was a paystub for Lewis and one of the handguns under the backpack.

    Lewis is prohibited from possessing firearms due to a previous federal conviction.

    Assistant U.S. Attorney Thomas Godfrey prosecuted the case. The investigation was conducted by the Billings Police Department, ATF, and DEA.

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

    MIL Security OSI

  • MIL-OSI Security: Career Offender Sentenced to 175 Months in Federal Prison for Drug and Firearms Offense

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    HOT SPRINGS – A Pearcy man was sentenced yesterday to a total of 175 months in prison on one count of Possession with Intent to Distribute Methamphetamine, one count of being a Felon in Possession of a Firearm, as well as violations of his term of supervised release from a previous conviction. The Honorable Chief Judge Susan O. Hickey presided over the sentencing hearing in the United States District Court in Hot Springs.
    According to court documents, on July 22, 2024, a Trooper with the Arkansas State Police attempted to make a traffic stop on Michael Fryar in Garland County. After the Trooper initiated his lights, Fryar fled in his vehicle and a pursuit ensued. After a short pursuit Fryar abandoned the vehicle and fled on foot into a wooded area. The Trooper pursued on foot and had to deploy his taser to get Fryar apprehended. At the time of the offense, Fryar was in possession of a loaded firearm with a round in the chamber and a distribution amount of methamphetamine. Fryar has an extensive criminal history and was on federal supervised release at the time of the offense.
    The Arkansas State Police, 18th East Drug Task Force, Drug Enforcement Administration, and the Bureau of Alcohol, Tobacco, Firearms and Explosives investigated the case.
    Assistant U.S. Attorney David Harris prosecuted the case for the United States.
    This case is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).
    Related court documents may be found on the Public Access to Electronic Records website @ www.pacer.gov.

    MIL Security OSI

  • MIL-OSI Security: FEDERAL CHARGES FILED AGAINST PENSACOLA MAN FOR ARMED DRUG TRAFFICKING

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    PENSACOLA, FLORIDA – Carlton Shoemaker, 51, of Pensacola, Florida, has been indicted in federal court for three counts of possessing with the intent to distribute controlled substances, one count of possession of a firearm in furtherance of a drug trafficking offense, and one count of possession of a firearm by a convicted felon. John P. Heekin, United States Attorney for the Northern District of Florida announced the charge.

    Shoemaker appeared before United States Magistrate Judge Zachary C. Bolitho at the United States Courthouse in Pensacola, Florida on July 22, 2025.

    If convicted on all counts, Shoemaker faces up to life imprisonment.

    The case was investigated by the Bureau of Alcohol, Tobacco, Firearms and Explosives and the Florida Department of Law Enforcement. The case is being prosecuted by Assistant United States Attorney Jessica S. Etherton.

    An indictment is merely an allegation by a grand jury that a defendant has committed a violation of federal criminal law and is not evidence of guilt. All defendants are presumed innocent and entitled to a fair trial, during which it will be the government’s burden to prove guilt beyond a reasonable doubt at trial.

    This case is part of Operation Take Back America (https://www.justice.gov/dag/media/1393746/dl?inline ) a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).

    The United States Attorney’s Office for the Northern District of Florida is one of 94 offices that serve as the nation’s principal litigators under the direction of the Attorney General.  To access public court documents online, please visit the U.S. District Court for the Northern District of Florida website. For more information about the United States Attorney’s Office, Northern District of Florida, visit http://www.justice.gov/usao/fln/index.html.

    MIL Security OSI

  • MIL-OSI Security: Fleming Island Felon Sentenced To Six Years In Prison For Illegally Possessing A Firearm

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    Jacksonville, Florida – U.S. District Judge Harvey E. Schlesinger has sentenced Jason Stewart Karst II (37, Fleming Island) to six years in federal prison for possessing a firearm as a convicted felon. Karst entered a guilty plea in March 2025.

    According to court documents, in April 2024, agents with the Bureau of Alcohol, Tobacco, Firearms, and Explosives received a complaint from a local shooting range that Karst and another individual had been shooting fully automatic firearms at the range. Surveillance video from the range showed Karst firing a fully automatic gun as well as a separate gun that was equipped with a silencer. Agents obtained a search warrant for a home owned by Karst and executed the warrant on May 1, 2024. During the search, agents found five silencers, a privately manufactured firearm that was equipped with a machinegun conversion device, and a pistol that was also equipped with a machinegun conversion device inside a large safe. The guns matched the appearance of the ones used by Karst at the shooting range. In addition, while agents were executing the search warrant, Karst drove up to the house. During a search of Karst’s car, officers with the Jacksonville Sheriff’s Office found a white powdery substance, over 20 grams of marijuana, a scale, a pistol without a serial number, and keys to the safe.

    Karst was previously convicted of multiple felonies, including two convictions for possession of marijuana with the intent to sell or deliver, possession of a controlled substance with the intent to sell or deliver, attempted use of a minor to deliver a controlled substance, and possession of a firearm by a convicted felon. Therefore, he is prohibited from possessing firearms or ammunition under federal law. Additionally, contrary to federal law, the machinegun conversion devices and silencers were not registered in the National Firearms Registration and Transfer Record—a database maintained by the Bureau of Alcohol, Tobacco, Firearms and Explosives.

    This case was investigated by the Bureau of Alcohol, Tobacco, Firearms and Explosives, Clay County Sheriff’s Office, and the Jacksonville Sheriff’s Office. It was prosecuted by Assistant United States Attorney Elisibeth Adams.

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

    MIL Security OSI

  • MIL-OSI Security: Lewiston Man Pleads Guilty to Illegally Possessing a Firearm

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    PORTLAND, Maine: A Lewiston man pleaded guilty on Tuesday in U.S. District Court in Portland to being a felon in possession of a firearm. 

    According to court records, in January 2025, Lewiston police officers stopped a vehicle operated by Kulmiye Abukar Idris, 35, for traffic violations. Officers searched the vehicle and found a handgun. Idris was prohibited from possessing a firearm because of his prior felony conviction for gross sexual assault.

    Idris faces up to 15 years in prison, a $250,000 fine, and supervised release for three years. He will be sentenced after the completion of a presentence investigative report by the U.S. Probation Office. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    The Bureau of Alcohol, Tobacco, Firearms and Explosives and Lewiston Police Department investigated the case, with assistance from the Androscoggin County District Attorney’s Office.

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

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    MIL Security OSI

  • MIL-OSI USA: Kean Honors U.S. Coast Guard Hero Scott Ruskan on House Floor

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

    Contact: Riley Pingree

    (July 23, 2025) WASHINGTON, D.C. —Yesterday, Congressman Tom Kean, Jr. (NJ-07) took to the House floor to recognize the heroic actions of U.S. Coast Guard Petty Officer and Rescue Swimmer Scott Ruskan, a native of Oxford, New Jersey in Warren County.

    Petty Officer Ruskan demonstrated extraordinary bravery during the recent catastrophic flooding in Central Texas. As the only triage coordinator on the scene, he and his crew rescued 165 children and adults from rising floodwaters. This life-saving effort was Petty Officer Ruskan’s very first rescue mission since completing his rescue swimmer training. 

    “Scott Ruskan is a true American hero,” said Congressman Kean. “Not only did he answer the call to serve by enlisting in the U.S. Coast Guard, but he displayed incredible courage by risking his life to save others during a time of crisis. I am deeply grateful to Petty Officer Ruskan and to all the first responders and volunteers who put their lives on the line to protect their fellow Americans. We thank you for your service and sacrifice.” 

    You can watch Congressman Kean’s floor speech HERE

    Congressman Kean also had the opportunity to meet with Petty Officer Ruskan during a reception on Capitol Hill yesterday, held in his honor for his heroic efforts.

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    MIL OSI USA News

  • MIL-OSI USA: Kean Honors U.S. Coast Guard Hero Scott Ruskan on House Floor

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

    Contact: Riley Pingree

    (July 23, 2025) WASHINGTON, D.C. —Yesterday, Congressman Tom Kean, Jr. (NJ-07) took to the House floor to recognize the heroic actions of U.S. Coast Guard Petty Officer and Rescue Swimmer Scott Ruskan, a native of Oxford, New Jersey in Warren County.

    Petty Officer Ruskan demonstrated extraordinary bravery during the recent catastrophic flooding in Central Texas. As the only triage coordinator on the scene, he and his crew rescued 165 children and adults from rising floodwaters. This life-saving effort was Petty Officer Ruskan’s very first rescue mission since completing his rescue swimmer training. 

    “Scott Ruskan is a true American hero,” said Congressman Kean. “Not only did he answer the call to serve by enlisting in the U.S. Coast Guard, but he displayed incredible courage by risking his life to save others during a time of crisis. I am deeply grateful to Petty Officer Ruskan and to all the first responders and volunteers who put their lives on the line to protect their fellow Americans. We thank you for your service and sacrifice.” 

    You can watch Congressman Kean’s floor speech HERE

    Congressman Kean also had the opportunity to meet with Petty Officer Ruskan during a reception on Capitol Hill yesterday, held in his honor for his heroic efforts.

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    MIL OSI USA News

  • MIL-OSI USA: Graham Statement on Largest Seizure of Fentanyl in South Carolina History

    US Senate News:

    Source: United States Senator for South Carolina Lindsey Graham
    WASHINGTON — U.S. Senator Lindsey Graham (R-South Carolina) today made this statement after the U.S. Attorney for South Carolina Bryan Stirling announced what is believed to be the largest seizure of fentanyl in South Carolina history. The drug bust, part of the Department of Justice’s nationwide Operation Take Back America, resulted in multiple arrests and the seizure of 156 pounds of fentanyl and 44 pounds of methamphetamine.
    “Well done to the Drug Enforcement Administration, the Lexington County Sheriff’s Department, South Carolina’s U.S. Attorney Bryan Stirling, and everyone else involved in this historic drug bust.
    “The fentanyl seized in this investigation, equivalent to 36 million lethal doses, is believed by investigators to have originated in Mexico. Thanks to the leadership of President Trump and the historic investment in border security he just signed into law, the days of fentanyl pouring across our border and into our communities unfettered are over.
    “What a difference six months can make. South Carolina is being kept safe under the leadership of President Trump.”

    MIL OSI USA News

  • MIL-OSI USA: 07.23.2025 Sens. Cruz, Cornyn, Rep. Jackson Introduce Bill Honoring Mayor Jerry H. Hodge

    US Senate News:

    Source: United States Senator for Texas Ted Cruz
    WASHINGTON, D.C. – Today, U.S. Sens. Ted Cruz (R-Texas), John Cornyn (R-Texas), and Rep. Ronny Jackson (R-Texas-13) introduced a bill to rename the U.S. Post Office in Amarillo, Texas, as the Mayor Jerry H. Hodge Post Office Building to honor the life and legacy of Mayor Jerry Hodge.
    Sen. Cruz said, “Mayor Hodge was a pillar of the Amarillo community and a true servant leader to the Panhandle. He transformed a local pharmacy into a national enterprise, served his community as the youngest mayor of Amarillo’s history, and was instrumental in establishing the Texas Tech University School of Veterinary Medicine. I am proud to introduce legislation to name the Amarillo post office in honor of his legacy.”
    Sen. Cornyn said, “From helping to establish several institutions of higher education in Amarillo to leading the effort to bring a minor league baseball team to the city, Mayor Jerry Hodge was a cornerstone of the Amarillo community. I am proud to join Senator Cruz and Congressman Jackson in introducing legislation to rename Amarillo’s downtown post office after Mayor Hodge, which will ensure that future generations of Texans in the Panhandle can learn about his contributions and help preserve his life and legacy.”
    Companion legislation was introduced in the House by Rep. Ronny Jackson (R-Texas-13).
    Rep. Jackson said, “Jerry Hodge’s impact on Amarillo extended far beyond his titles. He was the youngest mayor in the city’s history, a successful businessman, and a proud rancher. Jerry’s personality was larger than life, and he worked tirelessly each day to make life better for the people of the Texas Panhandle. I’m proud to have called him a friend and am honored to introduce this piece of legislation to recognize his enduring legacy.”
    Read the full text of the bill here.

    MIL OSI USA News

  • MIL-OSI USA: Welch to Host 2025 Women’s Economic Opportunity Conference in September 

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)
    RANDOLPH, VT – On Saturday, September 27, U.S. Senator Peter Welch (D-Vt.) will host this year’s annual Women’s Economic Opportunity Conference (WEOC) to bring Vermonters together to learn, network, and build economic opportunity. The conference will include interactive workshops on growing economic opportunity, cultivating new audiences, and improving skills.    
    The Women’s Economic Opportunity Conference was created by Senator Patrick Leahy and his wife Marcelle and has been a Vermont tradition for decades. Senator Welch and his wife, Margaret Cheney, are pleased to continue this tradition of bringing Vermonters together to learn, network, and build economic opportunity for Vermonters.  This event is held in partnership with the Vermont Women’s Fund and the Vermont Community Foundation.  
    The full schedule of events and keynote speaker will be announced in the coming weeks. 
    To receive updates on the conference details, registration, and other information, fill out the form here.  
    Logistical details follow: 
    Event: The 2025 Women’s Economic Opportunity Conference, hosted by Senator Peter Welch (D-Vt.) and Margaret Cheney 
    Who: Senator Peter Welch (D-Vt.); additional guests and speakers to be announced 
    Date: Saturday, September 27, 2025  
    Location: Vermont State University-Randolph, 124 Admin Dr, Randolph Center, VT 05061  
    Questions and Accommodations: Please email weoc@welch.senate.gov or call 802-863-2525 with any questions 
    Media RSVP: Media are asked to RSVP to Elisabeth_St.Onge@welch.senate.gov. 

    MIL OSI USA News

  • MIL-OSI USA: Ricketts on the Senate Floor: Iran Doesn’t Need More Time – It Needs More Pressure.  The E3 Should Snapback As Soon As Possible.

    US Senate News:

    Source: United States Senator Pete Ricketts (Nebraska)
    WASHINGTON, D.C. – Today, in a speech on the Senate floor, U.S. Senator Pete Ricketts (R-NE) urged European allies to reject Iran’s threats and delaying tactics during upcoming talks on the Iranian nuclear program. The speech was given in support of a resolution, cosponsored by 19 other Senators, that calls for the E3 (United Kingdom, France, and Germany) to trigger the snapback of UN sanctions against Iran as soon as possible.
    Watch the video here
    “Iran cannot have a nuclear weapon,” said Ricketts.  “This has been a red-line for decades, going back to President Clinton.  And the reason is because the results would be catastrophic.”
    “Iran is as weak now as it has ever been since the 1980s, and probably weaker,” said Ricketts.  “[Trump’s] strikes have delayed Iran’s path to a nuclear weapon by a few years.  But in order to seize this moment, the U.S. and our allies must impose maximum pressure to the highest extent possible to force Iran to agree to permanently and verifiably end its nuclear program, including its capacity to enrich uranium.”
    “Our European allies have said they are prepared to trigger snapback by the end of August if no firm, tangible, and verifiable nuclear commitments from Iran are in place,” said Ricketts.  “This is being done in close coordination with the Trump administration, which continues to pursue diplomatic talks with Iran.  I commend our allies for setting a deadline.  However, this path is under a timeline that leaves little room for error.  Unsurprisingly, the Iranian regime is resorting to its longstanding playbook to delay, to delay, to delay and prevent snapback from happening.  Later this week, the Iranians are scheduled to meet with the E3 in Istanbul.  There are rumors that discussions could center on what conditions the E3 would postpone snapback.  But I stand today to urge our European friends to hold the line and not bend to Iranian threats or be fooled by Iranian assurances.”
    “A window now exists to completely change the trajectory of the Middle East for the better,” concluded Ricketts.  “But that window will close unless we convince Iran that its nuclear weapons program will never be tolerated, period.  That’s why this resolution urges the E3 to snapback sanctions as soon as possible.  We must not let Iran off the hook.”

    MIL OSI USA News

  • MIL-OSI USA: House Republicans Introduce Resolution Establishing New Select Subcommittee to Continue Investigation of the Events Surrounding January 6

    Source: United States House of Representatives – Representative Mike Johnson (LA-04)

    WASHINGTON — Chairman Barry Loudermilk (GA-11) today introduced a resolution establishing the new select subcommittee for the 119th Congress to continue Congress’ investigation into the events surrounding January 6, 2021.

    Once the resolution is approved by the House, the work will be chaired by Rep. Loudermilk and exist as a Select Subcommittee of the House Judiciary Committee chaired by Rep. Jim Jordan (OH-4).

    Speaker Johnson released the following statement:

    “House Republicans are proud of our work so far in exposing the false narratives peddled by the politically motivated January 6 Select Committee during the 117th Congress, but there is clearly more work to be done. The resolution introduced today will establish this Select Subcommittee so we can continue our efforts to uncover the full truth that is owed to the American people. House Republicans remain intent on delivering the answers that House Democrats skipped over.”

    Subcommittee Chairman Loudermilk released the following statement:

    “I am honored to continue the investigation into the events surrounding January 6, 2021, and the failures that led to the breach of the U.S. Capitol. From my subcommittee investigation in the 118th Congress, we uncovered that what happened at the Capitol that day was the result of a series of intelligence, security, and leadership failures at multiple levels within numerous entities. While my subcommittee did an incredible job last Congress, there is still much work to be done.  I appreciate Speaker Johnson entrusting me to continue this important investigation, and I look forward to working with Chairman Jordan and his team. It is vital that we continue to uncover the facts and begin the task of making needed reforms to ensure this level of security failure may never happen again.”

    Chairman Jordan released the following statement:

    “The partisan January 6 Committee failed to uncover crucial pieces of information for the American people, and Rep. Loudermilk has been the leader in getting to the bottom of the Democrat-run Committee’s failures. Rep. Loudermilk will continue to work tirelessly to get everyone the truth.”

    The House will consider the resolution after Members return to Congress from the August District Work Period.

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    MIL OSI USA News

  • MIL-OSI USA: Chairman Smith Op-Ed: The One Big Beautiful Bill Act and Trump’s Trade Policy Will Do What ‘Bidenomics’ Never Could

    Source: United States House of Representatives – Representative Mike Johnson (LA-04)

    WASHINGTON — Today, Ways and Means Chairman Jason Smith published an op-ed in the Washington Examiner highlighting how the One Big Beautiful Bill and President Trump’s trade policy will do what ‘Bidenomics’ NEVER could.

    “Democrats in Washington like to push a narrative that you cannot cut taxes and decrease the deficit. But economic growth fueled by The One Big Beautiful Bill Act, combined with common-sense government spending cuts and President Donald Trump’s successful America First trade policy, will prove them wrong once again,” Chairman Smith wrote.

    Read Chairman Smith’s full op-ed in Washington Examiner here or below:

    For four years, Democrats in Washington pushed a reckless tax-and-spend agenda known as “Bidenomics” that blew a hole in the U.S.’s national debt. More than $10 trillion later, and along with 20% inflation that federal spending created, our nation is at a fiscal crossroads. The status quo is not acceptable or sustainable.

    Democrats in Washington like to push a narrative that you cannot cut taxes and decrease the deficit. But economic growth fueled by The One Big Beautiful Bill Act, combined with common-sense government spending cuts and President Donald Trump’s successful America First trade policy, will prove them wrong once again.

    In fact, it is already happening. June saw the first federal budget surplus in more than nine years, with revenues exceeding spending by $26 billion, thanks to a windfall of $18 billion in new tariff revenue. While deficits are likely to continue in the near term, this is a start in the right direction.

    The myth that you cannot cut taxes and restore fiscal sanity depends on dismissing the tax incentives in the One Big Beautiful Bill Act that will drive investment, create jobs, and grow our economy. The simple truth: They will, and they have before.

    Even though the 50-year historic average GDP growth is over 2.7%, the “nonpartisan” Congressional Budget Office forecasts economic growth will be just 1.8% in the coming years, and the projected deficit impact of the “big, beautiful bill” based on that growth would be $3.3 trillion over ten years. However, if our nation’s economic growth rises just 0.1% above the historic average and clocks in at 2.8%, federal deficits will actually be reduced by over half a trillion dollars.

    Is this possible? We know it is because in the years following the passage of Trump’s 2017 tax cuts, the United States’s economy grew by 2.8%. It can and will happen again.

    Increased federal revenues driven by economic growth are just one piece of the equation. Trump’s successful America First trade policy is not only forcing our trading partners to the table to deliver better deals for American manufacturers and farmers, but it is also providing tens of billions of dollars for deficit reduction each month.

    Even the CBO predicts that the new tariff policies will generate $2.5 trillion in new revenue for the federal government over the next 10 years. That is no small sum.

    Putting direct tariff revenue aside, as countries come to the table and more markets open for American producers, our economic growth will accelerate further. The One Big Beautiful Bill Act and America First trade policies will turbocharge our entrepreneurs to produce more, hire more, and invest more here at home. This will only boost revenues flowing into the federal government further.

    While economic growth and tariffs are part of the solution, Congress must be forced to address the elephant in the room: federal spending. The One Big Beautiful Bill Act took a massive turn down the correct path by cutting over $1.5 trillion in mandatory spending — the most in American history.

    Complacency and lax oversight for years have allowed spending to explode, mostly in our nation’s social safety net programs. Fraud and abuse were allowed to run rampant, putting these programs at risk for the people who truly rely on them.

    Through common-sense reforms such as work requirements, which more than 80% of the public supports, the One Big Beautiful Bill Act has eliminated wasteful spending and protected these programs for future generations. But more must be done.

    Economic growth and tariff revenue alone will not save us, but they are certainly a start. Congress must make responsible decisions in the years to come to prevent saddling the next generation with even more crippling debt and economic decline.

    Addressing our nation’s debt crisis will require a multifaceted, holistic approach, but Republicans are already taking America down the right track.

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    MIL OSI USA News

  • MIL-OSI USA: Wasserman Schultz, Carter, Norcross Reintroduce Bipartisan Pool Safety Legislation to Save Young Lives

    Source: United States House of Representatives – Representative Debbie Wasserman Schultz (FL-23)

    “No work we do in Congress is more important than keeping our children healthy and safe. And the Virginia Graeme Baker Pool and Spa Safety Act does that by saving countless lives over the years. So, it is critical that we continue this bipartisan, common-sense law, which this reauthorization does by expanding its life-saving impact,” said Wasserman Schultz. “Just this year in my home state we’ve seen over 60 drownings, which is more incidents than at this same time last year. But with education and added layers of protection we can keep more innocent children safe. This law does that by helping decrease drowning in pools and spas, a concern on every parent’s mind as the summer season and water activities pick up. Let’s keep our kids safe with sensible outreach, education, and precautions.”

    Washington, D.C. – Today, U.S. Reps. Debbie Wasserman Schultz (FL-25), John Carter (TX-31), and Donald Norcross (NJ-01) re-introduced the bipartisan Virginia Graeme Baker Pool and Spa Safety (VGB) Reauthorization Act to help decrease preventable drownings.

    Drownings and near-drownings in pools and spas pose a significant public health risk to our nation’s children. These water-safety fatalities remain the leading cause of unintentional death for children ages one to four, with higher incidents of drowning deaths for American Indian and Black individuals. However, we are not powerless to prevent these tragedies. Strong education, awareness, and enforcement efforts help make children safer around the water and save lives.

    “No work we do in Congress is more important than keeping our children healthy and safe. And the Virginia Graeme Baker Pool and Spa Safety Act does that by saving countless lives over the years. So, it is critical that we continue this bipartisan, common-sense law, which this reauthorization does by expanding its life-saving impact,” said Wasserman Schultz. “Just this year in my home state we’ve seen over 60 drownings, which is more incidents than at this same time last year. But with education and added layers of protection we can keep more innocent children safe. This law does that by helping decrease drowning in pools and spas, a concern on every parent’s mind as the summer season and water activities pick up. Let’s keep our kids safe with sensible outreach, education, and precautions.” 

    “The Virginia Graeme Baker Pool and Spa Safety Act has saved many lives since 2008 by helping to prevent drownings through stronger safety standards and public education,” said Carter. “Now, with summer in full swing and families spending more time at the pool, reauthorizing this law is more important than ever. We should all want our children to be safe around the pool, and this bill is a smart, bipartisan way to protect them. I thank my colleague Rep. Wasserman Schultz for her advocacy on this issue, and I hope my colleagues will support.”

    “The Virginia Graeme Baker Pool and Spa Safety Act is a common-sense bill that has already saved countless lives. It’s a great example of when a policy works the way it was intended. The results speak for themselves since there haven’t been any entrapment deaths in public pools since the legislation was enacted,” said Norcross. “That’s why I’m honored to cosponsor this bill’s reauthorization to continue ensuring our pools install safe drain covers and, most importantly, save lives.”

    The Virginia Graeme Baker Pool and Spa Safety Act (VGB), first authorized in 2008, is aimed at improving the safety of all pools and spas by increasing the layers of protection and promoting uninterrupted supervision to prevent child drowning and entrapment. The law has three principal elements, carried out by the Consumer Product Safety Commission (CPSC):

    1. First, it requires every public pool in the US to install safe drain covers that prevent suction entrapment.

    2.     Second, it initiates a grant program that incentivizes states, municipalities, and Indian Tribes to adopt their own pool and spa safety laws and support education efforts.  These grants provide critical support for local officials to enforce their safety requirements and educate communities about drowning and entrapment dangers.

    1. Third, it launches “Pool Safely,” a national public education campaign to raise awareness about drowning prevention.

    The VGB Reauthorization Act will continue to carry out these primary functions as it builds on over a decade’s worth of expertise in proper execution of the programs through the CPSC.

    Click here for full bill text.

    “The Virginia Graeme Baker Pool & Spa Safety Act is a perfect example of how sensible and sound policy can save lives. Since the passage of the legislation, entrapment deaths in public pools have ceased and have been substantially reduced in private pool settings. This shows how well-designed legislation can have direct impacts on child safety and engineer our pool environments to be safer for all. The reauthorization not only ensures communities continue to be safe from this preventable tragedy, but also that water safety efforts will continue across the country to address the more than 4,000 fatal drownings the US experiences each year,” said Alissa Magrum, Executive Director of the National Drowning Prevention Alliance (NDPA).

    “The passage of the VGB Act, in a significant way, has helped to make some sense of the tragic death of my daughter, Graeme, and so many children whose lives have been lost in preventable drownings. The reauthorization of the legislation also makes sense, as we have learned over the past 15 years what works well and what might be done even better to ensure water safety.  I am fully support of the bill,” said Nancy Baker, mother of Virginia Graeme Baker and water safety advocate.

    “The Virginia Graeme Baker Pool and Spa Safety Act has saved lives. Reauthorization of this Act allows for its proven safety standards to continue to do its good work, making pools and spas across the United States safer for those who use them. This legislative intervention creates actions and outcomes that those working in public health so often hope to see. It works! The associated Pool Safely funding mechanism is also an essential piece and has been effective in keeping the message of water safety top of mind. The American Red Cross fully supports this reauthorization and all efforts to reduce drownings across the country,” said William Ramos, Ph.D., American Red Cross Scientific Advisory Council Aquatics Chair.

    “On behalf of the nation’s YMCAs, which operate more than 2,100 pools across the country, YMCA of the USA strongly supports the Virginia Graeme Baker Pool and Spa Safety Reauthorization Act. As the largest provider of swim instruction in the country, the Y greatly appreciates the inclusion of nonprofits in the act’s Swimming Pool Safety Grant Program, which creates opportunities for community-based organizations like YMCAs to secure additional resources to raise awareness about drowning prevention and make swim instruction more accessible to those who need it,” said Suzanne McCormick, President and CEO, YMCA of the USA.

    “Our daughter Abbey’s hope was that no other child would experience a death or injury from a dangerous pool or spa.  The VGB act was the realization of that hope.  We can all still do better with the reauthorization of this critical safety legislation.  We unequivocally support this bill,” said Scott and Katey Taylor, founders of Abbey’s Hope Charitable Foundation.

    “The core purpose of the Pool & Hot Tub Alliance is to prioritize safety and health in pool and hot tub environments. We have been unwavering in our support for the reauthorization of the VGB Act, recognizing its significant impact on saving lives. PHTA is proud to play a role in the VGB Act through the development of two industry safety standards that establish stringent requirements for suction outlet fitting assemblies and suction entrapment avoidance. By reauthorizing this legislation, we will ensure a substantial reduction in fatal drownings—a cause that deserves universal backing,” said Sabeena Hickman, CAE, President & CEO of the Pool & Hot Tub Alliance (PHTA).

    “The VGB Act, passed only five months after our son Zachary’s death, brought a semblance of peace and hope to our family. That no one has died by entrapment in a public pool since the VGB Act was passed is a victory that we should all celebrate but, there is more work to be done. Even now, sixteen years later, we are seeing recalls on drains that aren’t compliant. The reauthorization of this bill is vital to our communities and will ensure that all public pools comply with entrapment prevention requirements and will support efforts to address traditional forms of drowning. Our family and the ZAC Foundation for Children’s Safety, founded in our son’s honor, are committed to the success of this bill,” said Karen and Brian Cohn, founders of ZAC Foundation.

    “CamerEye has always been a vocal leader in advocating for safe aquatic environments—they are absolutely critical to industry. Not only does Virginia Graeme Baker Act reiterate the requirement for safe and compliant drain covers, it incentivizes state, local, and Tribal jurisdictions to implement and enforce swimming pool and spa safety standards which has been proven to save lives. This act is a perfect example of how policy can positively impact saving lives and this reauthorization represents a chance to build on that success. We’re in full support of this reauthorization act.” said Sai Reddy, founder/CEO of CamerEye.ai.

    “The Virginia Graeme Baker Act is a shining example of how good policy can save lives, and this reauthorization represents a chance to build on that success. This is also an opportunity to address the serious and persistent inequities that exist around water safety,” said Safe Kids Worldwide President Torine Creppy.

    ####

    MIL OSI USA News

  • MIL-OSI Security: Justice Department Announces Formation of Strike Force to Assess Evidence Publicized by ODNI

    Source: United States Attorneys General

    WASHINGTON – Today, the Department of Justice announced the formation of a Strike Force to assess the evidence publicized by Director of National Intelligence Tulsi Gabbard and investigate potential next legal steps which might stem from DNI Gabbard’s disclosures.

    This Department takes alleged weaponization of the intelligence community with the utmost seriousness.

    Upon the formation of the Strike Force, Attorney General Pamela Bondi stated:

    “The Department of Justice is proud to work with my friend Director Gabbard and we are grateful for her partnership in delivering accountability for the American people. We will investigate these troubling disclosures fully and leave no stone unturned to deliver justice.”

    MIL Security OSI

  • MIL-OSI USA: The One Big Beautiful Bill Drives Business Growth

    US Senate News:

    Source: United States Senator for Idaho Mike Crapo

    Washington, D.C.–The One Big Beautiful Bill Act drives economic growth by making key business provisions permanent, giving businesses the certainty they need to invest, hire and grow.
    “Permanent tax policy provides businesses with the certainty they need to invest, save and plan for the future, which will power economic growth and ignite the U.S. economy,” said Finance Committee Chairman Mike Crapo (R-Idaho).
    Key wins:
    Full expensing for domestic R&D to encourage domestic innovation.
    Full expensing for new capital investments, like machinery and equipment, to boost domestic production.
    Restores interest deductibility to a globally competitive standard to help finance critical domestic investments.
    What they are saying:
    “The Chamber thanks Leader Thune, Chairman Crapo, and all who are working to make the pro-growth reforms of the 2017 Tax Cuts and Jobs Act permanent, including the deduction for domestic R&D expenditures, 100% bonus depreciation for certain business investments, and an expanded business interest limitation. The Chamber applauds the Senate for voting to make these provisions permanent features of the tax code.” – U.S. Chamber of Commerce
    “[This bill sends] a swift, decisive signal that America will remain a premier destination for businesses to invest, hire and grow.” – Business Roundtable
    “I applaud Chairman Mike Crapo, Leader John Thune and their Senate colleagues for advancing international tax policies that keep the U.S. the top destination for global investment. These provisions will help sustain American jobs, drive innovation, and reinforce a stable tax environment that attracts cross-border capital and world-class know-how.” – Global Business Alliance President and CEO Jonathan Samford
     

    MIL OSI USA News

  • MIL-OSI USA: Crapo, Blumenthal, Warren File Major Richard Star Act as Amendment to Must-Pass Defense Bill

    US Senate News:

    Source: United States Senator for Idaho Mike Crapo

    Washington, D.C.–U.S. Senators Mike Crapo (R-Idaho), Richard Blumenthal (D-Connecticut) and Elizabeth Warren (D-Massachusetts) announced they are filing the Major Richard Star Act as an amendment to the annual must-pass defense bill, the National Defense Authorization Act (NDAA).

    Currently, only veterans with disability ratings above 50 percent and more than 20 years of service are eligible to receive the full amount of their U.S. Department of Defense (DOD) retirement and U.S. Department of Veterans Affairs (VA) disability payments–leaving behind more than 50,000 combat-injured military retirees.  If adopted, the Senators’ Major Richard Star Act will fix this unjust policy for medical retirees with a combat-related disabilityproviding them their full VA disability and DOD retirement payments.

    “The Major Richard Star Act corrects a severe injustice for combat-wounded veterans,” said Senator Crapo.  “The support for this correction is clear.  Though the namesake of our legislation is no longer with us, we must pass this fix on behalf of the more than 50,000 veterans, including hundreds in Idaho, who stand to benefit.”

    “The Major Richard Star Act would correct one of the deepest injustices in our present veterans’ disability system.  As an amendment to the NDAA, it would enable tens of thousands of combat-injured veterans to collect the full benefits they’ve earned,” said Senator Blumenthal.  “Right now they’re denied fair, complete compensation because they are subject to a dollar-for-dollar offset of their VA disability and military retirement benefits.  It’s unacceptable–and I’m joining my colleagues from both sides of the aisle to right this wrong by seeking to attach our legislation to this year’s NDAA.  With more than 31 cosponsors, adopting our amendment is a commonsense next step to finally provide these military retirees who already sacrificed so much the benefits they need and earned.”

    “Our veterans put their lives on the line for this country, and it’s time our government gives them the full benefits they’ve earned,” said Senator Warren.  “Including this bill in the NDAA will ensure the federal government keeps its promise to our veterans.”

    This bipartisan legislation is named in honor of Major Richard A. Star, a decorated war veteran who was forced to medically retire due to his combat-related injuries.  Major Star sadly lost his battle with cancer on February 13, 2021.

    The Senators’ legislation has 76 bipartisan cosponsors, and is supported by the following military, veterans and survivor organizations: Air Force Sergeants Association (AFSA), Air & Space Forces Association (AFA), American GI Forum, The American Legion, American Logistics Association, American Military Society, American Veterans (AMVETS), America’s Warrior Partnership, American WWII Orphans Network, Armed Forces Retiree Association, Army Aviation Association of America (AAAA), Association of Military Surgeons of the United States (AMSUS), Association of the United States Army (AUSA), Association of the United States Navy (AUSN), Blinded Veterans Association (BVA), Blue Star Families, Burn Pits 360, Catholic War Veterans of the USA & Auxiliary, Chief Warrant Officers Association of the US Coast Guard (CWOA), Code of Support Foundation, Commissioned Officers Association of the U.S. Public Health Service, Inc. (COA), Disabled American Veterans (DAV), Dixon Center for Military and Veterans Services, Enlisted Association of the National Guard of the United States, Fleet Reserve Association (FRA), Gold Star Spouses of America, Grunt Style Foundation, Gold Star Wives of America (GSW), Healing Household, Heroes Athletic Association, Hire Heroes USA, HunterSeven Foundation, Japanese American Veterans Association, Iraq and Afghanistan Veterans of America (IAVA), Jewish War Veterans of the United States of America (JWV), K9s for Warriors, Marine Corps League (MCL), Marine Corps Reserve Association (MCRA), Military Chaplains Association of the United States of America (MCA), Military Family Advisory Network, Military Officers Association of America (MOAA), Military Order of the World Wars, Military Order of the Purple Heart (MOPH), Mission Roll Call, National Association of State Directors of Veterans Affairs (NASDVA), National Defense Committee, National Guard Association of the United States, National Military Family Association (NMFA), Naval Enlisted Reserve Association (NERA), Non Commissioned Officers Association (NCOA), Operation First Response, Paralyzed Veterans of America (PVA), Project Sanctuary, The Ranger Leadership and Policy Center, Quality of Life Foundation, Reserve Organization of America (ROA), Sea Service Family Foundation, Stronghold Freedom Foundation, Student Veterans of America, TBI Warrior Foundation, Tragedy Assistance Program for Survivors (TAPS), The Retired Enlisted Association (TREA), The Independence Fund (TIF), United States Army Warrant Officers Association (USAWOA), United States Coast Guard Chief Petty Officers Association (USCG CPOA), United Through Reading, VetsFirst/United Spinal Association, Veterans of Foreign Wars (VFW), Vietnam Veterans of America (VVA), Wounded Paw Project and Wounded Warrior Project (WWP).

    MIL OSI USA News

  • MIL-OSI USA: H.R. 1442, Youth Poisoning Protection Act

    Source: US Congressional Budget Office

    H.R. 1442 would ban the sale of products containing 10 percent or more by weight of sodium nitrite that are covered under the Consumer Product Safety Act. The ban would not apply to commercial or industrial products not ordinarily intended for consumer use or consumption.

    Using information from the Consumer Product Safety Commission, CBO estimates that implementing and enforcing the ban under H.R. 1442 would cost $2 million over the 2025-2030 period; any related spending would be subject to the availability of appropriated funds.

    H.R. 1442 would impose a private-sector mandate as defined in the Unfunded Mandates Reform Act (UMRA) by banning the sale of consumer products containing 10 percent or more by weight of sodium nitrite. Because only a small consumer market exists for such products and some states already have curtailed their sale, CBO estimates that the cost of the mandate would not exceed the private-sector threshold established in UMRA ($206 million in 2025, adjusted annually for inflation).

    The legislation would not impose any intergovernmental mandates as defined in UMRA.

    The CBO staff contacts for this estimate are Cyrus Ekland (for federal costs) and Andrew Laughlin (for mandates). The estimate was reviewed by Emily Stern, Senior Adviser for Budget Analysis.

    Phillip L. Swagel

    Director, Congressional Budget Office

    MIL OSI USA News

  • MIL-OSI USA: W.W. Industrial Group Recalls Pear Slices in Juice Due to Elevated Levels of Lead and Cadmium

    Source: US Department of Health and Human Services – 3

    Summary

    Company Announcement Date:
    July 23, 2025
    FDA Publish Date:
    July 23, 2025
    Product Type:
    Food & BeveragesContaminants
    Reason for Announcement:

    Recall Reason Description
    Potential Metal Contaminant – Lead and Cadmium

    Company Name:
    WW Industrial Group
    Brand Name:

    Brand Name(s)
    Parashore

    Product Description:

    Product Description
    Canned Sliced Pears

    Company Announcement
    W.W. Industrial Group, Inc., NY is recalling Parashore Pear Slices in juice, 15 oz, because they have the potential to be contaminated with elevated levels of lead and cadmium.
    Lead and cadmium are toxic substances present in our environment in small amounts and everyone is exposed to some of these heavy metals from daily actions such as inhaling dust, eating food, or drinking water. In general, the small exposure to lead within the U.S. population does not pose a significant public health concern.
    However, exposure to larger amounts of lead and cadmium can cause poisoning. While these heavy metals can affect nearly every bodily system, its effects depend upon the amount and duration of lead exposure and age. Symptoms can include abdominal pain, vomiting, lethargy, irritability, weakness, behavior or mood changes, delirium, seizures, and coma. However, infants, young children and the developing fetus can be affected by chronic exposure to amounts of heavy metals that may not result in obvious symptoms of lead poisoning. A child with heavy metal poisoning may not look or act sick. Heavy metal poisoning in children can cause: learning disabilities, developmental delays, and lower IQ scores.
    Product was distributed through Grocery Outlet stores in California and other Grocery Outlet stores across the US.
    The recalled product is packaged in a 15oz can and labeled as PARASHORE Pear Slices in Juice, 15oz (425 g), UPC#704817164237. The specific lot found positive for heavy metals was Lot 3700/01172 6122J, Prod: 02/19/2024, Best by 2/19/2027.
    No illnesses have been reported as of 07/22/2025.
    The heavy metal contamination was discovered via sampling by the Maryland Department of Health which is part of the FDA Laboratory Flexible Funding Model program.
    The company has recalled the products and is continuing an investigation to determine cause.
    Consumers who have purchased Parashore Pear Slices in Juice 15oz (425 g) should not consume the products and are urged to discard in the trash or return them to the place of purchase for a full refund. Consumers with questions may contact the company at 516-676-9188 Monday to Friday 10AM – 4PM EST.
    This recall is being made with the knowledge of the U.S. Food and Drug Administration.

    Company Contact Information

    Consumers:
    W.W. Industrial Group
    516-676-9188

    Product Photos

    Content current as of:
    07/23/2025

    Regulated Product(s)

    Topic(s)

    Follow FDA

    MIL OSI USA News

  • MIL-OSI USA: First Teen Tech Council for New York

    Source: US State of New York

    overnor Kathy Hochul and Secretary Hillary Rodham Clinton today announced the launch of the New York School (NYS) x #HalfTheStory Teen Tech Council, a groundbreaking statewide initiative placing teens at the forefront of educational innovation. This new advisory group will empower students to lead the conversation on digital wellness and support phone-free learning environments across New York State as schools across the state prepare to implement Governor Hochul’s nation-leading distraction-free learning law for the 2025-2026 school year

    “Launching the Teen Tech Council will help make sure New York’s Distraction-Free Schools is successfully implemented,” Governor Hochul said. “I’m fired up to be working with #HalfTheStory, the Clinton Foundation, and all of you with you to usher in a generational shift — bringing back meaningful interactions during such formative years and securing a healthier future.”

    Secretary Hillary Rodham Clinton said, “Here at the Clinton Foundation, we’re guided by our belief that putting people first — putting people’s concerns, needs and hopes first — is essential to creating a better world. That starts with you. As the largest state to adopt a phone-free policy in schools, New York has the opportunity to show the rest of the country what we can accomplish when we combine the capacity of government and nonprofits with the energy of smart young leaders.

    #HalfTheStory Founder and Executive Director Larissa May said, “Teens are often left out of the conversation when it comes to the policies that shape their lives, and in this case, teens are the missing piece of the bell-to-bell movement. #HalfTheStory is committed to identifying the next generation of digital activists and powering the movement from the bottom up. We’re training these future leaders at scale to make NYC the model for the world—in and outside the classroom—to support student wellbeing and digital citizenship. Teen work makes the dream work.”

    The inaugural Teen Tech Council Board Meeting was held on July 22, 2025, in New York City. Co-hosted by the Governor’s Office and the Clinton Foundation in partnership with #HalfTheStory — a nonprofit committed to strengthening young people’s relationship with technology — the event marks a pivotal step in reimagining how students engage with tech in and out of the classroom.

    As an extension of #HalfTheStory’s Civics Academy, an annual summer program for teens that aims to educate and empower today’s youth to learn effective activism, storytelling, and leadership techniques essential for driving global and local change, the Teen Tech Council is launching as a scaled state initiative, with teens from across New York joining from their districts. Students will be nominated by teachers and peers to help schools successfully implement bell-to-bell policies and create a shared culture of digital wellness — one that extends beyond the classroom into play, connection, and creativity.

    Teens can apply now to join NYS x #HalfTheStory Teen Tech Council — or teachers can nominate a star student to help shape the future at: halfthestoryproject.com/teen-tech-council.

    The launch of the council underscores Governor Hochul’s continued commitment to working with young people to ensure an equitable and successful rollout of a distraction-free environment in schools statewide. The Distraction-Free Schools law signed by Governor Hochul requires bell-to-bell smartphone restrictions in K-12 school districts statewide, starting this fall for the 2025-2026 school year. This law is part of Governor Hochul’s nation-leading commitment to protecting youth mental health and promoting student success in the digital age, following her action last year to win a first-in-the-nation law to restrict addictive social media feeds for minors.

    In accordance with the Distraction Free Learning Law, public school districts statewide must finalize and publish their distraction-free policy by August 1. The Governor also recently launched a website with a policy FAQ, toolkit and other key information about the State law as a resource for districts as they finalize their policy. The Governor also recently highlighted that nearly 150 school districts across New York have already submitted their distraction-free policy.

    Governor Hochul’s bell-to-bell policy creates a statewide standard for distraction-free schools in New York including:

    • Prohibits unsanctioned use of smartphones and other internet-enabled personal devices on school grounds in K-12 schools for the entire school day (from “bell to bell”), including classroom time and other settings like lunch and study hall periods
    • Allows schools to develop their own plans for storing smartphones during the day — giving administrators and teachers the flexibility to do what works best for their buildings and students
    • Secures $13.5 million in funding to be made available for schools that need assistance in purchasing storage solutions to help them go distraction-free
    • Requires schools to give parents a way to contact their kids during the day when necessary
    • Requires teachers, parents and students to be consulted in developing the local policy
    • Prevents inequitable discipline

    Governor Hochul’s policy allows authorized access to simple cellphones without internet capability, as well as internet-enabled devices officially provided by their school for classroom instruction, such as laptops or tablets used as part of lesson plans.

    Additionally, the Governor’s policy includes several exemptions to smartphone restrictions, including for students who require access to an internet-enabled device to manage a medical condition, where required by a student’s Individualized Education Program (IEP), for academic purposes or for other legitimate purposes, such as translation, family caregiving and emergencies.

    MIL OSI USA News

  • MIL-OSI USA: Governor Stein Tours Coca-Cola Consolidated Facility, Meets with Apprenticeship Students

    Source: US State of North Carolina

    Headline: Governor Stein Tours Coca-Cola Consolidated Facility, Meets with Apprenticeship Students

    Governor Stein Tours Coca-Cola Consolidated Facility, Meets with Apprenticeship Students
    lsaito

    Raleigh, NC

    Today, Governor Josh Stein toured the Coca-Cola Consolidated facility in Charlotte and met with Coca-Cola Consolidated leadership and students in its apprenticeship program. Through a partnership with Central Piedmont Community College, the nation’s largest Coca-Cola bottler is preparing students for high-demand positions in manufacturing, equipment repair, and logistics. 

    “Every North Carolinian deserves a shot at a brighter future and that shouldn’t necessarily require a traditional four-year degree,” said Governor Josh Stein. “Opportunities like Coca-Cola Consolidated’s apprenticeship program allow students to pursue their interests in high-demand fields and set them up for success in the job market.”

    This month, CNBC named North Carolina as the top state for business, citing the state’s workforce as one of its biggest strengths. Established in Executive Order No. 11 on March 25, 2025, the Governor’s Council on Workforce and Apprenticeships recently shared its first report, outlining goals to expand access to good jobs, including by investing in statewide apprenticeship and technical education programs, engaging with employers to identify and address industry needs, and ensuring that every student in North Carolina has a post-secondary pathway to employment, education, or enlistment in the military. On July 1, 2025, Stein also signed into law Senate Bill 124, which reduces the number of state government jobs that require a four-year college degree.

    Governor Stein believes every North Carolinian should have the opportunity to achieve success – no matter their background. Since taking office, Governor Stein has announced more than more than $18 billion in investments and more than 24,000 new jobs coming to North Carolina.   

    Jul 23, 2025

    MIL OSI USA News

  • MIL-OSI: CVB Financial Corp. Reports Earnings for the Second Quarter 2025

    Source: GlobeNewswire (MIL-OSI)

    Second Quarter 2025

    • Net Earnings of $50.6 million, or $0.36 per share
    • Return on Average Assets of 1.34%
    • Efficiency Ratio of 45.6%
    • Net Interest Margin of 3.31%

    Ontario, CA, July 23, 2025 (GLOBE NEWSWIRE) — CVB Financial Corp. (NASDAQ:CVBF) and its subsidiary, Citizens Business Bank (the “Company”), announced earnings for the quarter ended June 30, 2025.

    CVB Financial Corp. reported net income of $50.6 million for the quarter ended June 30, 2025, compared with $51.1 million for the first quarter of 2025 and $50.0 million for the second quarter of 2024. Diluted earnings per share were $0.36 for the second quarter, compared to $0.36 for the prior quarter and $0.36 for the same period last year.

    For the second quarter of 2025, annualized return on average equity (“ROAE”) was 9.06%, annualized return on average tangible common equity (“ROATCE”) was 14.08%, and annualized return on average assets (“ROAA”) was 1.34%.

    David Brager, President and Chief Executive Officer of Citizens Business Bank, commented, “Citizens Business Bank’s performance in the second quarter demonstrates our continued financial strength and focus on our vision of serving the comprehensive financial needs of small to medium sized businesses and their owners. Our consistent financial performance is highlighted by our 193 consecutive quarters, or more than 48 years, of profitability, and our 143 consecutive quarters of paying cash dividends. I would like to thank our customers and associates for their continuing commitment and loyalty.”

    Additional Highlights for the Second Quarter of 2025

    • Pre-provision / pretax income increased from $67.5 million in the first quarter of 2025 to $68.8 million
    • Cost of funds decreased to 1.03% from 1.04% in the first quarter of 2025
    • Deposits and customer repos grew by $123 million from the end of the first quarter of 2025
    • Loans decreased by $5 million from the end of the first quarter 2025
    • TCE Ratio of 10.0% & CET1 Ratio of 16.5%

    INCOME STATEMENT HIGHLIGHTS

      Three Months Ended     Six Months Ended  
      June 30,
    2025
        March 31,
    2025
        June 30,
    2024
        June 30,
    2025
        June 30,
    2024
     
      (Dollars in thousands, except per share amounts)  
    Net interest income $ 111,608     $ 110,444     $ 110,849     $ 222,052     $ 223,310  
    Recapture of (provision for) credit losses         2,000             2,000        
    Noninterest income   14,744       16,229       14,424       30,973       28,537  
    Noninterest expense   (57,557 )     (59,144 )     (56,497 )     (116,701 )     (116,268 )
    Income taxes   (18,231 )     (18,425 )     (18,741 )     (36,656 )     (36,945 )
    Net earnings $ 50,564     $ 51,104     $ 50,035     $ 101,668     $ 98,634  
    Earnings per common share:                            
    Basic $ 0.36     $ 0.37     $ 0.36     $ 0.72     $ 0.71  
    Diluted $ 0.36     $ 0.36     $ 0.36     $ 0.72     $ 0.71  
                                 
    NIM   3.31 %     3.31 %     3.05 %     3.31 %     3.07 %
    ROAA   1.34 %     1.37 %     1.24 %     1.35 %     1.22 %
    ROAE   9.06 %     9.31 %     9.57 %     9.18 %     9.44 %
    ROATCE   14.08 %     14.51 %     15.51 %     14.29 %     15.32 %
    Efficiency ratio   45.55 %     46.69 %     45.10 %     46.12 %     46.17 %
     

    Net Interest Income
    Net interest income was $111.6 million for the second quarter of 2025, representing a $1.2 million, or 1.1%, increase from the first quarter of 2025, and a $0.8 million, or 0.7%, increase from the second quarter of 2024. Interest income increased by $1.2 million, or 0.84%, from the first quarter, while interest expense remained the same at $32.6 million in the second quarter of 2025.

    The increase in net interest income of $0.8 million, or 0.7%, compared to the second quarter of 2024 was the net result of a $15.6 million decline in interest expense, that exceeded the $14.9 million decline in interest income. The decrease in interest expense was the result of a $1.19 billion decrease in average interest-bearing liabilities compared to the second quarter of 2024. The decline in interest-bearing liabilities was driven by a decrease in borrowings that resulted from the early redemptions of Bank Term Funding Program (“BTFP”) advances in the third quarter of 2024. The decrease in interest income was the result of a $1.11 billion decrease in average interest-earning assets, that coincided with the Company’s deleveraging strategy in the second half of 2024 resulting in the Company’s borrowings declining by $1.34 billion.

    Net Interest Margin
    Our tax equivalent net interest margin was 3.31% for the second quarter of 2025, compared to 3.31% for the first quarter of 2025 and 3.05% for the second quarter of 2024. The yield on our interest-earning assets for the second quarter of 2025 remained unchanged, at 4.28%, compared to the prior quarter, while our cost of funds decreased slightly to 1.03% for the second quarter of 2025, from 1.04% in the prior quarter. Loan yields remained unchanged for the second quarter of 2025 at 5.22%. The slight decrease in our cost of funds was primarily due to a two-basis point decrease in our cost of deposits, from .86% to .84%. The decrease in cost of deposits was partially offset by an increase in the average balance and cost of customer repurchase agreements. For the second quarter of 2025 average customer repurchase agreements were $376.6 million at a cost of 1.66%, compared to $317.3 million and 1.24% for the prior quarter.

    Net interest margin for the second quarter of 2025 increased by 26-basis points compared to the second quarter of 2024, primarily as a result of 35-basis point decrease in cost of funds, to 1.03% for the second quarter of 2025, from 1.38% in the same quarter of last year. The decrease in cost of funds was primarily due to a $1.34 billion decline in average borrowings, which had an average cost of 4.79% in the second quarter of 2024. For the second quarter of 2025, the Company had average deposits and customer repurchase agreements of $12.18 billion, at an average cost of 0.87%, and average borrowings of $508.2 million, at an average cost of 4.61%, compared to the second quarter of 2024 in which borrowings averaged $1.85 billion, at an average cost of 4.79%, and average deposits and customer repurchase agreements of $12.17 billion had an average cost of 0.87%. The decrease in cost of funds, exceeded the modest decrease in interest earning asset yields from 4.37% for the second quarter of 2024 to 4.28% in the second quarter of 2025. The decrease in earning asset yields was impacted by a decrease in loan yields from 5.26% for the second quarter of 2024 to 5.22% for the second quarter of 2025, and a decrease in investment securities yields to 2.62% in the second quarter of 2025, from 2.71% for the second quarter of 2024. The decrease in investment yields was primarily the result of a $2.8 million decrease in the positive interest spread on pay-fixed swaps.

    Earning Assets and Deposits
    Average earning assets increased by $1.7 million compared to the first quarter of 2025 and declined by $1.12 billion when compared to the second quarter of 2024. The average balance in funds held at the Federal Reserve increased by $170.5 million in the second quarter of 2025 compared to the first quarter of 2025, while average loans decreased by $112.6 million and average investment securities decreased by $61.3 for the same period. Compared to the second quarter of 2024, the decrease in average earning assets was due to decreases of $376.7 million in average loans, $359.5 million in average investment securities, and $372.1 million in funds held at the Federal Reserve. The average balance on noninterest-bearing deposits increased by $45.3 million, or 0.65%, from the first quarter of 2025 and the average balance on interest-bearing deposits and customer repurchase agreements decreased by $51.2 million from the same period. Compared to the second quarter of 2024, the average balance on total deposits and customer repurchase agreements increased by $14.9 million, or 0.12%. On average, noninterest-bearing deposits were 60.47% of total deposits during the most recent quarter, compared to 59.92% for the first quarter of 2025 and 60.13% for the second quarter of 2024.

    SELECTED FINANCIAL HIGHLIGHTS Three Months Ended    
      June 30, 2025       March 31, 2025       June 30, 2024    
      (Dollars in thousands)  
    Yield on average investment securities (TE) 2.62%       2.63%       2.71%    
    Yield on average loans 5.22%       5.22%       5.26%    
    Yield on average earning assets (TE) 4.28%       4.28%       4.37%    
    Cost of deposits 0.84%       0.86%       0.88%    
    Cost of funds 1.03%       1.04%       1.38%    
    Net interest margin (TE) 3.31%       3.31%       3.05%    
                                             
    Average Earning Asset Mix Avg     % of Total       Avg     % of Total       Avg     % of Total    
    Total investment securities $ 4,847,415       35.75 %     $ 4,908,718       36.21 %     $ 5,206,959       35.49 %  
    Interest-earning deposits with other institutions   337,929       2.49 %       162,389       1.20 %       716,916       4.89 %  
    Loans   8,354,898       61.63 %       8,467,465       62.46 %       8,731,587       59.51 %  
    Total interest-earning assets   13,558,254               13,556,584               14,673,474          
                                                   

    Provision for Credit Losses
    There was no provision for credit losses in the second quarter of 2025, compared to a $2.0 million recapture of provision for credit losses in the first quarter of 2025 and no provision in the second quarter of 2024. Net charge-offs for the second quarter of 2025 were $249,000 compared to net recoveries of $130,000 in the prior quarter. Allowance for credit losses represented 0.93% of gross loans at June 30, 2025 compared to 0.94% at March 31, 2025.

    Noninterest Income
    Noninterest income was $14.7 million for the second quarter of 2025, compared with $16.2 million for the first quarter of 2025 and $14.4 million for the second quarter of 2024. Noninterest income decreased in the second quarter of 2025 compared to the first quarter primarily due to a $2.2 million gain recognized during the first quarter of 2025 on the sale of four OREO properties. Excluding gains, noninterest income grew by approximately $700,000, including a $397,000 increase of income from Bank Owned Life Insurance (“BOLI”). BOLI income also increased in the second quarter of 2025 compared to the second quarter of 2024 by $285,000. Compared to the first quarter of 2025, Trust and investment services income grew by $304,000, or 8.9%, while growing by $287,000, or 8.4% over the second quarter of 2024.

    Noninterest Expense
    Noninterest expense for the second quarter of 2025 was $57.6 million, compared to $59.1 million for the first quarter of 2025 and $56.5 million for the second quarter of 2024. Noninterest expense decreased in the second quarter of 2025 compared to the first quarter of 2025 primarily due to a $500,000 provision for unfunded loan commitments in the first quarter of 2025 and a $1.5 million decrease in salaries and benefits. The decrease in staff expense was primarily due to higher payroll taxes in the first quarter, resulting in a $1.2 million decrease in the second quarter of 2025.

    The year-over-year increase in noninterest expense of $1.1 million, includes the impact of a $500,000 expense reduction in the second quarter of 2024 related to a decrease in reserves for unfunded loan commitments and a $603,000 increase in regulatory assessment expenses. The increase in regulatory assessment expenses in the second quarter of 2025 was due to a $700,000 reduction of an FDIC special assessment accrual in the second quarter of 2024. As a percentage of average assets, noninterest expense was 1.52% for the second quarter of 2025, compared to 1.58% for the first quarter of 2025 and 1.40% for the second quarter of 2024. The efficiency ratio for the second quarter of 2025 was 45.6%, compared to 46.7% for the first quarter of 2025 and 45.1% for the second quarter of 2024.

    Income Taxes
    Our effective tax rate for the quarter ended June 30, 2025 was 26.50%, compared with 26.50% for the first quarter of 2025, and 27.25% for the same period of 2024. Our estimated annual effective tax rate can vary depending upon the level of tax-advantaged income from municipal securities and BOLI, as well as available tax credits.

    BALANCE SHEET HIGHLIGHTS

    Assets
    The Company reported total assets of $15.41 billion at June 30, 2025. This represented an increase of $157.5 million, or 1.03%, from total assets of $15.26 billion at March 31, 2025. The increase in assets included a $202.5 million increase in interest-earning balances due from the Federal Reserve, offset by a $80.7 million decrease in investment securities, and a $5.1 million decrease in total loans.

    Total assets increased by $260.5 million, or 1.72%, from total assets of $15.15 billion at December 31, 2024. The increase in assets included a $492.8 million increase in interest-earning balances due from the Federal Reserve, offset by a $108.2 million decrease in investment securities, and a $175.8 million decrease in net loans.

    Total assets at June 30, 2025 decreased by $737.4 million, or 4.57%, from total assets of $16.15 billion at June 30, 2024. The decrease in assets was primarily due to a decrease of $362.1 million in investment securities, a decrease of $318.6 million in net loans and a $126.2 million decrease in interest-earning balances due from the Federal Reserve.

    Investment Securities
    Total investment securities were $4.81 billion at June 30, 2025, a decrease of $80.7 million, or 1.65% from the prior quarter end, a decrease of $108.2 million, or 2.20% from $4.92 billion at December 31, 2024, and a decrease of $362.1 million, or 7.00%, from $5.18 billion at June 30, 2024.

    At June 30, 2025, investment securities held-to-maturity (“HTM”) totaled $2.33 billion, a decrease of $31.9 million, or 1.35% from prior quarter end, a decrease of $52.4 million, or 2.20% from December 31, 2024, and a decrease of $102.7 million, or 4.22%, from June 30, 2024.

    At June 30, 2025, investment securities available-for-sale (“AFS”) totaled $2.49 billion, inclusive of a pre-tax net unrealized loss of $363.7 million. AFS securities decreased by $48.8 million, or 1.92% from the prior quarter end, decreased by $55.8 million, or 2.20% from December 31, 2024, and decreased by $259.5 million, or 9.45%, from $2.75 billion at June 30, 2024. The pre-tax unrealized loss decreased by $24.7 million from the end of the prior quarter, while decreasing $84 million from December 31, 2024 and decreasing by $124.2 million from June 30, 2024.

    Loans
    Total loans and leases, at amortized cost, of $8.36 billion at June 30, 2025 decreased by $5.1 million, or 0.06%, from March 31, 2025. The quarter-over quarter decrease in loans included decreases of $29.9 million in commercial and industrial loans, and $18.1 million in dairy and livestock loans, partially offset by increases of $26.8 million in commercial real estate loans and $18.9 million in single-family residential (“SFR”) mortgage loans.

    Total loans and leases, at amortized cost, decreased by $177.9 million, or 2.08%, from December 31, 2024. The decrease includes decreases of $186.0 million in dairy and livestock loans and $12.8 million in commercial and industrial loans, offset by increases of $19.3 million in SFR mortgage loans and $10.0 million in commercial real estate loans.

    Total loans and leases, at amortized cost, decreased by $323.3 million, or 3.72%, from June 30, 2024. The decrease included decreases of $147.5 million in commercial real estate loans, $116.8 million in dairy & livestock loans and agribusiness loans, $43.8 million in commercial and industrial loans, and $34.6 million in construction loans, offset by an increase of $20.8 million in SFR mortgage loans.

    Asset Quality
    During the second quarter of 2025, we experienced credit charge-offs of $429,000 and total recoveries of $180,000, resulting in net charge-offs of $249,000. The allowance for credit losses (“ACL”) totaled $78.0 million at June 30, 2025, compared to $78.3 million at March 31, 2025 and $82.8 million at June 30, 2024. At June 30, 2025, ACL as a percentage of total loans and leases outstanding was 0.93%. This compares to 0.94% at March 31, 2025 and December 31, 2024 and 0.95% at June 30, 2024.

    Nonperforming loans, defined as nonaccrual loans, including modified loans on nonaccrual, plus loans 90 days past due and accruing interest, and nonperforming assets, defined as nonperforming plus OREO, are highlighted below.

    Nonperforming Assets and Delinquency Trends   June 30,     March 31,     June 30,    
        2025     2025     2024    
    Nonperforming loans   (Dollars in thousands)
    Commercial real estate   $ 24,379     $ 24,379     $ 21,908    
    SBA     1,265       1,024       337    
    Commercial and industrial     265       173       2,712    
    Dairy & livestock and agribusiness     60       60          
    Total   $ 25,969     $ 25,636     $ 24,957    
    % of Total loans     0.31 %     0.31 %     0.29 %  
                               
    OREO                    
    Commercial real estate   $ 661     $ 495     $    
    SFR mortgage                 647    
    Total   $ 661     $ 495     $ 647    
                         
    Total nonperforming assets   $ 26,630     $ 26,131     $ 25,604    
    % of Nonperforming assets to total assets     0.17 %     0.17 %     0.16 %  
                         
    Past due 30-89 days (accruing)                    
    Commercial real estate   $     $     $ 43    
    SBA     3,419       718          
    Commercial and industrial                 103    
    Total   $ 3,419     $ 718     $ 146    
    % of Total loans     0.04 %     0.01 %     0.00 %  
    Total nonperforming, OREO, and past due   $ 30,049     $ 26,849     $ 25,750    
                         
    Classified Loans   $ 73,422     $ 94,169     $ 124,728    
                               

    The $499,000 increase in nonperforming assets from March 31, 2025 was primarily due to the addition of one nonperforming SBA loan in the amount of $620,000. Classified loans are loans that are graded “substandard” or worse. Classified loans decreased $20.7 million quarter-over-quarter, primarily due to a decrease of $19.9 million in classified commercial real estate loans.

    Deposits & Customer Repurchase Agreements
    Deposits of $11.98 billion and customer repurchase agreements of $404.2 million totaled $12.39 billion at June 30, 2025. This represented a net increase of $122.9 million compared to $12.27 billion at March 31, 2025. Total deposits and customer repurchase agreements increased by $179 million compared to December 31, 2024 and increased $329.8 million, or 2.74% when compared to $12.06 billion at June 30, 2024.

    Noninterest-bearing deposits were $7.25 billion at June 30, 2025, an increase of $62.9 million, or 0.87%, when compared to $7.18 billion at March 31, 2025. Noninterest-bearing deposits increased by $210.0 million, or 2.98%, when compared to $7.04 billion at December 31, 2024, and increased by $157.0 million, or 2.21% when compared to $7.09 billion at June 30, 2024. At June 30, 2025, noninterest-bearing deposits were 60.47% of total deposits, compared to 59.92% at March 31, 2025, 58.90% at December 31, 2024 and 60.13% at June 30, 2024.

    Borrowings
    As of June 30, 2025, total borrowings consisted of $500 million of FHLB advances. The FHLB advances include $300 million, at an average cost of approximately 4.73%, maturing in May of 2026, and $200 million, at a cost of 4.27% maturing in May of 2027. Total borrowings decreased by $1.3 billion from June 30, 2024. The $1.8 billion of borrowings at June 30, 2024 consisted of $500 million of FHLB advances and $1.3 billion from the Federal Reserve’s Bank Term Funding Program, at a cost of 4.76%, all of which were redeemed before the end of 2024.

    Capital
    The Company’s total equity was $2.24 billion at June 30, 2025. This represented an overall increase of $54.0 million from total equity of $2.19 billion at December 31, 2024. Increases to equity included $101.7 million in net earnings and a $43.9 million increase in other comprehensive income that were partially offset by $55.6 million in cash dividends. During the first half of 2025, we repurchased, under our stock repurchase plan, 2,063,564 shares of common stock, at an average repurchase price of $18.15, totaling $37.5 million. Our tangible book value per share at June 30, 2025 was $10.64.

    Our capital ratios under the revised capital framework referred to as Basel III remain well-above regulatory standards.

            CVB Financial Corp. Consolidated
    Capital Ratios   Minimum Required Plus
    Capital Conservation Buffer
      June 30,
    2025
      December 31,
    2024
      June 30,
    2024
                     
    Tier 1 leverage capital ratio   4.0%   11.8%   11.5%   10.5%
    Common equity Tier 1 capital ratio   7.0%   16.5%   16.2%   15.3%
    Tier 1 risk-based capital ratio   8.5%   16.5%   16.2%   15.3%
    Total risk-based capital ratio   10.5%   17.3%   17.1%   16.1%
                     
    Tangible common equity ratio       10.0%   9.8%   8.7%
                     

    CitizensTrust
    As of June 30, 2025 CitizensTrust had approximately $5.0 billion in assets under management and administration, including $3.54 billion in assets under management. Revenues were $3.7 million for the second quarter of 2025, compared to $3.4 million in the first quarter of 2025 and $3.4 million for the second quarter of 2024. CitizensTrust provides trust, investment and brokerage related services, as well as financial, estate and business succession planning.

    Corporate Overview
    CVB Financial Corp. (“CVBF”) is the holding company for Citizens Business Bank. CVBF is one of the 10 largest bank holding companies headquartered in California with more than $15 billion in total assets. Citizens Business Bank is consistently recognized as one of the top performing banks in the nation and offers a wide array of banking, lending and investing services with more than 60 banking centers and three trust office locations serving California.

    Shares of CVB Financial Corp. common stock are listed on the NASDAQ under the ticker symbol “CVBF”. For investor information on CVB Financial Corp., visit our Citizens Business Bank website at www.cbbank.com and click on the “Investors” tab.

    Conference Call
    Management will hold a conference call at 7:30 a.m. PDT/10:30 a.m. EDT on Thursday, July 24, 2025, to discuss the Company’s second quarter 2025 financial results. The conference call can be accessed live by registering at: https://register-conf.media-server.com/register/BIe2ad85fddf3443dbacab8109594ab423

    The conference call will also be simultaneously webcast over the Internet; please visit our Citizens Business Bank website at www.cbbank.com and click on the “Investors” tab to access the call from the site. Please access the website 15 minutes prior to the call to download any necessary audio software. This webcast will be recorded and available for replay on the Company’s website approximately two hours after the conclusion of the conference call and will be available on the website for approximately 12 months.

    Safe Harbor
    Certain statements set forth herein constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “will likely result”, “aims”, “anticipates”, “believes”, “could”, “estimates”, “expects”, “hopes”, “intends”, “may”, “plans”, “projects”, “seeks”, “should”, “will,” “strategy”, “possibility”, and variations of these words and similar expressions help to identify these forward-looking statements, which involve risks and uncertainties that could cause actual results or performance to differ materially from those projected. These forward-looking statements are based on management’s current expectations and beliefs concerning future developments and their potential effects on the Company including, without limitation, plans, strategies, goals and statements about the Company’s outlook regarding revenue and asset growth, financial performance and profitability, capital and liquidity levels, loan and deposit levels, growth and retention, yields and returns, loan diversification and credit management, stockholder value creation, tax rates, the impact of business, economic, or political developments, the impact of monetary, fiscal and trade policies, and the impact of acquisitions we have made or may make. Such statements involve inherent risks and uncertainties, many of which are difficult to predict and are generally beyond the control of the Company, and there can be no assurance that future developments affecting the Company will be the same as those anticipated by management. The Company cautions readers that a number of important factors, in addition to those set forth below, could cause actual results to differ materially from those expressed in, or implied or projected by, such forward-looking statements.

    General risks and uncertainties include, but are not limited to, the following: the strength of the United States economy in general and the strength of the local economies in which we conduct business; the effects of, and changes in, immigration, trade, tariff, monetary, and fiscal policies and laws, including interest rate policies of the Board of Governors of the Federal Reserve System; inflation/deflation, interest rate, market and monetary fluctuations; the effect of acquisitions we have made or may make, including, without limitation, the failure to obtain the necessary regulatory approvals, the failure to achieve the expected revenue growth and/or expense savings from such acquisitions, and/or the failure to effectively integrate an acquisition target and key personnel into our operations; the timely development of competitive products and services and the acceptance of these products and services by new and existing customers; the impact of changes in financial services policies, laws, and regulations, including those concerning banking, taxes, securities, and insurance, and the application thereof by regulatory agencies; the effectiveness of our risk management framework and quantitative models; changes in the level of our nonperforming assets and charge-offs; the transition away from USD LIBOR and uncertainties regarding potential alternative reference rates, including SOFR; the effect of changes in accounting policies and practices or accounting standards, as may be adopted from time-to-time by bank regulatory agencies, the U.S. Securities and Exchange Commission (“SEC”), the Public Company Accounting Oversight Board, the Financial Accounting Standards Board or other accounting standards setters; possible credit related impairments or declines in the fair value of loans and securities held by us; possible impairment charges to goodwill on our balance sheet; changes in customer spending, borrowing, and savings habits; the effects of our lack of a diversified loan portfolio, including the risks of geographic and industry concentrations; periodic fluctuations in commercial or residential real estate prices or values; our ability to attract or retain deposits or to access government or private lending facilities and other sources of liquidity; the possibility that we may reduce or discontinue the payment of dividends on our common stock; changes in the financial performance and/or condition of our borrowers; changes in the competitive environment among financial and bank holding companies and other financial service providers; technological changes in banking and financial services; geopolitical conditions, including acts or threats of terrorism, actions taken by the United States or other governments in response to acts or threats of terrorism, and/or military conflicts, which could impact business and economic conditions in the United States and abroad; catastrophic events or natural disasters, including earthquakes, drought, climate change or extreme weather events that may affect our assets, communications or computer services, customers, employees or third party vendors; public health crises and pandemics, and their effects on the economic and business environments in which we operate, including on our asset credit quality, business operations, and employees, as well as the impact on general economic and financial market conditions; cybersecurity threats and fraud and the costs of defending against them, including the costs of compliance with legislation or regulations to combat fraud and cybersecurity threats; our ability to recruit and retain key executives, board members and other employees, and our ability to comply with federal and state in employment laws and regulations; ongoing or unanticipated regulatory or legal proceedings or outcomes; and our ability to manage the risks involved in the foregoing.

    Additional factors that could cause actual results to differ materially from those expressed in the forward-looking statements are discussed in the Company’s 2024 Annual Report on Form 10-K filed with the SEC and available at the SEC’s Internet site (http://www.sec.gov).

    The Company does not undertake, and specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences or unanticipated events or circumstances after the date of such statements, except as required by law. Any statements about future operating results, such as those concerning accretion and dilution to the Company’s earnings or shareholders, are for illustrative purposes only, are not forecasts, and actual results may differ.

    Non-GAAP Financial Measures — Certain financial information provided in this earnings release has not been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and is presented on a non-GAAP basis. Investors and analysts should refer to the reconciliations included in this earnings release and should consider the Company’s non-GAAP measures in addition to, not as a substitute for or as superior to, measures prepared in accordance with GAAP. These measures may or may not be comparable to similarly titled measures used by other companies.

    Contact: David A. Brager
    President and Chief
    Executive Officer
    (909) 980-4030

    CVB FINANCIAL CORP. AND SUBSIDIARIES  
    CONDENSED CONSOLIDATED BALANCE SHEETS  
    (Unaudited)  
    (Dollars in thousands)  
                       
                       
        June 30,
    2025
        December 31,
    2024
        June 30,
    2024
     
    Assets                  
    Cash and due from banks   $ 195,063     $ 153,875     $ 174,454  
    Interest-earning balances due from Federal Reserve     543,573       50,823       669,740  
    Total cash and cash equivalents     738,636       204,698       844,194  
    Interest-earning balances due from depository institutions     11,004       480       7,345  
    Investment securities available-for-sale     2,486,306       2,542,115       2,745,796  
    Investment securities held-to-maturity     2,327,230       2,379,668       2,429,886  
    Total investment securities     4,813,536       4,921,783       5,175,682  
    Investment in stock of Federal Home Loan Bank (FHLB)     18,012       18,012       18,012  
    Loans and lease finance receivables     8,358,501       8,536,432       8,681,846  
    Allowance for credit losses     (78,003 )     (80,122 )     (82,786 )
    Net loans and lease finance receivables     8,280,498       8,456,310       8,599,060  
    Premises and equipment, net     26,606       27,543       43,232  
    Bank owned life insurance (BOLI)     320,596       316,248       314,329  
    Intangibles     7,657       9,967       12,416  
    Goodwill     765,822       765,822       765,822  
    Other assets     431,763       432,792       371,403  
    Total assets   $ 15,414,130     $ 15,153,655     $ 16,151,495  
    Liabilities and Stockholders’ Equity                  
     Liabilities:                  
    Deposits:                  
    Noninterest-bearing   $ 7,247,128     $ 7,037,096     $ 7,090,095  
    Investment checking     483,793       551,305       515,930  
    Savings and money market     3,669,912       3,786,387       3,409,320  
    Time deposits     583,990       573,593       774,980  
    Total deposits     11,984,823       11,948,381       11,790,325  
    Customer repurchase agreements     404,154       261,887       268,826  
    Other borrowings     500,000       500,000       1,800,000  
    Other liabilities     284,831       257,071       179,917  
    Total liabilities     13,173,808       12,967,339       14,039,068  
    Stockholders’ Equity                  
    Stockholders’ equity     2,508,454       2,498,380       2,446,755  
    Accumulated other comprehensive loss, net of tax     (268,132 )     (312,064 )     (334,328 )
    Total stockholders’ equity     2,240,322       2,186,316       2,112,427  
    Total liabilities and stockholders’ equity   $ 15,414,130     $ 15,153,655     $ 16,151,495  
                             
    CVB FINANCIAL CORP. AND SUBSIDIARIES  
    CONDENSED CONSOLIDATED AVERAGE BALANCE SHEETS  
    (Unaudited)  
    (Dollars in thousands)  
                                   
        Three Months Ended     Six Months Ended  
        June 30,
    2025
        March 31,
    2025
        June 30,
    2024
        June 30,
    2025
        June 30,
    2024
     
    Assets                              
    Cash and due from banks   $ 154,785     $ 154,328     $ 162,724     $ 154,557     $ 162,387  
    Interest-earning balances due from Federal Reserve     331,956       161,432       704,023       247,165       568,722  
    Total cash and cash equivalents     486,741       315,760       866,747       401,722       731,109  
    Interest-earning balances due from depository institutions     5,973       957       12,893       3,479       11,786  
    Investment securities available-for-sale     2,505,601       2,539,211       2,764,096       2,522,313       2,832,097  
    Investment securities held-to-maturity     2,341,814       2,369,507       2,442,863       2,355,584       2,450,237  
    Total investment securities     4,847,415       4,908,718       5,206,959       4,877,897       5,282,334  
    Investment in stock of FHLB     18,012       18,012       18,012       18,012       18,012  
    Loans and lease finance receivables     8,354,898       8,467,465       8,731,587       8,410,871       8,778,083  
    Allowance for credit losses     (78,259 )     (80,113 )     (82,815 )     (79,181 )     (84,283 )
    Net loans and lease finance receivables     8,276,639       8,387,352       8,648,772       8,331,690       8,693,800  
    Premises and equipment, net     26,982       27,408       43,624       27,194       44,002  
    Bank owned life insurance (BOLI)     319,582       316,643       312,645       318,121       311,127  
    Intangibles     8,232       9,518       13,258       8,872       13,922  
    Goodwill     765,822       765,822       765,822       765,822       765,822  
    Other assets     427,776       419,116       390,834       423,469       370,575  
    Total assets   $ 15,183,174     $ 15,169,306     $ 16,279,566     $ 15,176,278     $ 16,242,489  
    Liabilities and Stockholders’ Equity                              
    Liabilities:                              
    Deposits:                              
    Noninterest-bearing   $ 7,051,702     $ 7,006,357     $ 7,153,315     $ 7,029,156     $ 7,168,016  
    Interest-bearing     4,755,828       4,866,318       4,728,864       4,810,767       4,591,500  
    Total deposits     11,807,530       11,872,675       11,882,179       11,839,923       11,759,516  
    Customer repurchase agreements     376,629       317,322       287,128       347,140       298,200  
    Other borrowings     508,159       513,078       1,850,330       510,605       1,921,154  
    Other liabilities     252,908       239,283       157,463       246,132       162,953  
    Total liabilities     12,945,226       12,942,358       14,177,100       12,943,800       14,141,823  
    Stockholders’ Equity                              
    Stockholders’ equity     2,518,282       2,523,923       2,456,945       2,521,086       2,444,510  
    Accumulated other comprehensive loss, net of tax     (280,334 )     (296,975 )     (354,479 )     (288,608 )     (343,844 )
    Total stockholders’ equity     2,237,948       2,226,948       2,102,466       2,232,478       2,100,666  
    Total liabilities and stockholders’ equity   $ 15,183,174     $ 15,169,306     $ 16,279,566     $ 15,176,278     $ 16,242,489  
                                             
    CVB FINANCIAL CORP. AND SUBSIDIARIES  
    CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS  
    (Unaudited)  
    (Dollars in thousands, except per share amounts)  
                                   
        Three Months Ended     Six Months Ended  
        June 30,
    2025
        March 31,
    2025
        June 30,
    2024
        June 30,
    2025
        June 30,
    2024
     
    Interest income:                              
    Loans and leases, including fees   $ 108,845     $ 109,071     $ 114,200     $ 217,916     $ 230,549  
    Investment securities:                              
    Investment securities available-for-sale     18,299       18,734       21,225       37,033       42,671  
    Investment securities held-to-maturity     12,886       13,021       13,445       25,907       26,847  
    Total investment income     31,185       31,755       34,670       62,940       69,518  
    Dividends from FHLB stock     411       379       377       790       796  
    Interest-earning deposits with other institutions     3,768       1,797       9,825       5,565       15,898  
    Total interest income     144,209       143,002       159,072       287,211       316,761  
    Interest expense:                              
    Deposits     24,829       25,322       25,979       50,151       47,345  
    Borrowings and customer repurchase agreements     7,401       6,800       22,244       14,201       46,106  
    Other     371       436             807        
    Total interest expense     32,601       32,558       48,223       65,159       93,451  
    Net interest income before (recapture of) provision for credit losses     111,608       110,444       110,849       222,052       223,310  
    (Recapture of) provision for credit losses           (2,000 )           (2,000 )      
    Net interest income after (recapture of) provision for credit losses     111,608       112,444       110,849       224,052       223,310  
    Noninterest income:                              
    Service charges on deposit accounts     4,959       4,908       5,117       9,867       10,153  
    Trust and investment services     3,716       3,411       3,428       7,127       6,652  
    Gain on OREO, net     6       2,183             2,189        
    Other     6,063       5,727       5,879       11,790       11,732  
    Total noninterest income     14,744       16,229       14,424       30,973       28,537  
    Noninterest expense:                              
    Salaries and employee benefits     34,999       36,477       35,426       71,476       71,827  
    Occupancy and equipment     6,106       5,998       5,772       12,104       11,337  
    Professional services     2,191       2,081       2,726       4,272       4,981  
    Computer software expense     4,410       4,221       3,949       8,631       7,474  
    Marketing and promotion     1,817       1,988       1,956       3,805       3,586  
    Amortization of intangible assets     1,155       1,155       1,437       2,310       2,875  
    Provision for (recapture of) unfunded loan commitments           500       (500 )     500       (500 )
    Other     6,879       6,724       5,731       13,603       14,688  
    Total noninterest expense     57,557       59,144       56,497       116,701       116,268  
    Earnings before income taxes     68,795       69,529       68,776       138,324       135,579  
    Income taxes     18,231       18,425       18,741       36,656       36,945  
    Net earnings   $ 50,564     $ 51,104     $ 50,035     $ 101,668     $ 98,634  
                                   
    Basic earnings per common share   $ 0.36     $ 0.37     $ 0.36     $ 0.72     $ 0.71  
    Diluted earnings per common share   $ 0.36     $ 0.36     $ 0.36     $ 0.72     $ 0.71  
    Cash dividends declared per common share   $ 0.20     $ 0.20     $ 0.20     $ 0.20     $ 0.40  
                                             
    CVB FINANCIAL CORP. AND SUBSIDIARIES  
    SELECTED FINANCIAL HIGHLIGHTS  
    (Unaudited)  
    (Dollars in thousands, except per share amounts)  
                                 
      Three Months Ended     Six Months Ended  
      June 30,
    2025
        March 31,
    2025
        June 30,
    2024
        June 30,
    2025
        June 30,
    2024
     
    Interest income – tax equivalent (TE) $ 144,729     $ 143,525     $ 159,607     $ 288,253     $ 317,835  
    Interest expense   32,601       32,558       48,223       65,159       93,451  
    Net interest income – (TE) $ 112,128     $ 110,967     $ 111,384     $ 223,094     $ 224,384  
                                 
    Return on average assets, annualized   1.34 %     1.37 %     1.24 %     1.35 %     1.22 %
    Return on average equity, annualized   9.06 %     9.31 %     9.57 %     9.18 %     9.44 %
    Efficiency ratio [1]   45.55 %     46.69 %     45.10 %     46.12 %     46.17 %
    Noninterest expense to average assets, annualized   1.52 %     1.58 %     1.40 %     1.55 %     1.44 %
    Yield on average loans   5.22 %     5.22 %     5.26 %     5.22 %     5.28 %
    Yield on average earning assets (TE)   4.28 %     4.28 %     4.37 %     4.28 %     4.36 %
    Cost of deposits   0.84 %     0.86 %     0.88 %     0.85 %     0.81 %
    Cost of deposits and customer repurchase agreements   0.87 %     0.87 %     0.87 %     0.87 %     0.80 %
    Cost of funds   1.03 %     1.04 %     1.38 %     1.03 %     1.34 %
    Net interest margin (TE)   3.31 %     3.31 %     3.05 %     3.31 %     3.07 %
    [1] Noninterest expense divided by net interest income before provision for credit losses plus noninterest income.              
                                 
    Tangible Common Equity Ratio (TCE) [2]                            
    CVB Financial Corp. Consolidated   10.02 %     10.04 %     8.68 %            
    Citizens Business Bank   9.86 %     9.92 %     8.57 %            
    [2] (Capital – [GW+Intangibles])/(Total Assets – [GW+Intangibles])              
                                 
    Weighted average shares outstanding                            
    Basic   139,297,604       138,973,996       138,583,510       139,824,075       138,419,379  
    Diluted   139,471,147       139,294,401       138,669,058       140,098,174       138,561,481  
    Dividends declared $ 27,703     $ 27,853     $ 28,018     $ 55,556     $ 55,904  
    Dividend payout ratio [3]   54.79 %     54.50 %     56.00 %     54.64 %     56.68 %
    [3] Dividends declared on common stock divided by net earnings.              
                                 
    Number of shares outstanding – (end of period)   137,825,465       139,089,612       139,677,162              
    Book value per share $ 16.25     $ 16.02     $ 15.12              
    Tangible book value per share $ 10.64     $ 10.45     $ 9.55              
                                       
    CVB FINANCIAL CORP. AND SUBSIDIARIES  
    SELECTED FINANCIAL HIGHLIGHTS  
    (Unaudited)  
    (Dollars in thousands, except per share amounts)  
                                   
        Three Months Ended        
        June 30,
    2025
        December 31,
    2024
        June 30,
    2024
                 
    Nonperforming assets:                              
    Nonaccrual loans   $ 25,969     $ 27,795     $ 24,957                
    Other real estate owned (OREO), net     661       19,303       647                
    Total nonperforming assets   $ 26,630     $ 47,098     $ 25,604                
    Loan modifications to borrowers experiencing financial difficulty   $ 9,529     $ 6,467     $ 26,363                
                                   
    Percentage of nonperforming assets to total loans outstanding and OREO     0.32 %     0.55 %     0.29              
    Percentage of nonperforming assets to total assets     0.17 %     0.31 %     0.16 %              
    Allowance for credit losses to nonperforming assets     292.91 %     170.12 %     323.33 %              
                                   
        Three Months Ended     Six Months Ended  
        June 30,
    2025
        March 31,
    2025
        June 30,
    2024
        June 30,
    2025
        June 30,
    2024
     
    Allowance for credit losses:                              
    Beginning balance   $ 78,252     $ 80,122     $ 82,817       $ 80,122     $ 86,842  
    Total charge-offs     (429 )     (40 )     (51 )       (469 )     (4,318 )
    Total recoveries on loans previously charged-off     180       170       20         350       262  
    Net recoveries (charge-offs)     (249 )     130       (31 )       (119 )     (4,056 )
    (Recapture of) provision for credit losses           (2,000 )             (2,000 )      
    Allowance for credit losses at end of period   $ 78,003     $ 78,252     $ 82,786       $ 78,003     $ 82,786  
                                   
    Net recoveries (charge-offs) to average loans     -0.003 %     0.002 %   -0.000 %       -0.001 %     -0.046 %
                                             
    CVB FINANCIAL CORP. AND SUBSIDIARIES
    SELECTED FINANCIAL HIGHLIGHTS
    (Unaudited)
    (Dollars in millions)
                                               
    Allowance for Credit Losses by Loan Type                                      
        June 30, 2025   December 31, 2024   June 30, 2024
        Allowance
    For Credit
    Losses
        Allowance
    as a % of
    Total Loans
    by Respective
    Loan Type
      Allowance
    For Credit
    Losses
        Allowance
    as a % of
    Total Loans
    by Respective
    Loan Type
      Allowance
    For Credit
    Losses
        Allowance
    as a % of
    Total Loans
    by Respective
    Loan Type
                                               
    Commercial real estate   $ 64.5       0.99%     $ 66.2       1.02%     $ 69.4       1.04%  
    Construction     0.2       1.36%       0.3       1.94%       0.8       1.51%  
    SBA     3.1       1.13%       2.6       0.96%       2.5       0.93%  
    Commercial and industrial     6.4       0.70%       6.1       0.66%       5.1       0.53%  
    Dairy & livestock and agribusiness     2.6       1.09%       3.6       0.86%       3.8       1.08%  
    Municipal lease finance receivables     0.2       0.35%       0.2       0.31%       0.2       0.26%  
    SFR mortgage     0.5       0.17%       0.5       0.16%       0.5       0.19%  
    Consumer and other loans     0.5       1.03%       0.6       1.04%       0.5       1.07%  
                                               
    Total   $ 78.0       0.93%     $ 80.1       0.94%     $ 82.8       0.95%  
                                                     
    CVB FINANCIAL CORP. AND SUBSIDIARIES            
    SELECTED FINANCIAL HIGHLIGHTS            
    (Unaudited)            
    (Dollars in thousands, except per share amounts)            
                                                   
    Quarterly Common Stock Price            
        2025     2024     2023  
    Quarter End   High     Low       High       Low       High       Low    
    March 31,   $ 21.71     $ 18.22       $ 20.45       $ 15.95       $ 25.98       $ 16.34    
    June 30,   $ 20.15     $ 16.01       $ 17.91       $ 15.71       $ 16.89       $ 10.66    
    September 30,   $     $       $ 20.29       $ 16.08       $ 19.66       $ 12.89    
    December 31,   $     $       $ 24.58       $ 17.20       $ 21.77       $ 14.62    
                                                   
    Quarterly Consolidated Statements of Earnings            
              Q2       Q1       Q4       Q3       Q2    
              2025       2025       2024       2024       2024    
    Interest income                                              
    Loans and leases, including fees         $ 108,845       $ 109,071       $ 110,277       $ 114,929       $ 114,200    
    Investment securities and other           35,364         33,931         37,322         50,823         44,872    
    Total interest income           144,209         143,002         147,599         165,752         159,072    
    Interest expense                                              
    Deposits           24,829         25,322         28,317         29,821         25,979    
    Borrowings and customer repurchase agreements       7,401         6,800         8,291         22,312         22,244    
    Other           371         436         573                    
    Total interest expense           32,601         32,558         37,181         52,133         48,223    
                                                   
    Net interest income before (recapture of) provision for credit losses       111,608         110,444         110,418         113,619         110,849    
    (Recapture of) provision for credit losses               (2,000 )       (3,000 )                  
    Net interest income after (recapture of) provision for credit losses       111,608         112,444         113,418         113,619         110,849    
                                                   
    Noninterest income           14,744         16,229         13,103         12,834         14,424    
    Noninterest expense           57,557         59,144         58,480         58,835         56,497    
    Earnings before income taxes           68,795         69,529         68,041         67,618         68,776    
    Income taxes           18,231         18,425         17,183         16,394         18,741    
    Net earnings         $ 50,564       $ 51,104       $ 50,858       $ 51,224       $ 50,035    
                                                   
    Effective tax rate           26.50 %       26.50       25.25       24.25 %       27.25 %  
                                                   
    Basic earnings per common share         $ 0.36       $ 0.37       $ 0.36       $ 0.37       $ 0.36    
    Diluted earnings per common share         $ 0.36       $ 0.36       $ 0.36       $ 0.37       $ 0.36    
                                                   
    Cash dividends declared per common share         $ 0.20       $ 0.20       $ 0.20       $ 0.20       $ 0.20    
                                                   
    Cash dividends declared         $ 27,703       $ 27,853       $ 27,978       $ 27,977       $ 28,018    
                                                             
    CVB FINANCIAL CORP. AND SUBSIDIARIES  
    SELECTED FINANCIAL HIGHLIGHTS  
    (Unaudited)  
    (Dollars in thousands)  
                                   
    Loan Portfolio by Type  
        June 30,     March 31,     December 31,     September 30,     June 30,  
        2025     2025     2024     2024     2024  
                                   
    Commercial real estate   $ 6,517,415       $ 6,490,604       $ 6,507,452       $ 6,618,637       $ 6,664,925    
    Construction     17,658         15,706         16,082         14,755         52,227    
    SBA     271,735         271,844         273,013         272,001         267,938    
    SBA – PPP     85         179         774         1,255         1,757    
    Commercial and industrial     912,427         942,301         925,178         936,489         956,184    
    Dairy & livestock and agribusiness     233,772         252,532         419,904         342,445         350,562    
    Municipal lease finance receivables     63,652         65,203         66,114         67,585         70,889    
    SFR mortgage     288,435         269,493         269,172         267,181         267,593    
    Consumer and other loans     53,322         55,770         58,743         52,217         49,771    
    Gross loans, at amortized cost     8,358,501         8,363,632         8,536,432         8,572,565         8,681,846    
    Allowance for credit losses     (78,003 )       (78,252 )       (80,122 )       (82,942 )       (82,786 )  
    Net loans   $ 8,280,498       $ 8,285,380       $ 8,456,310       $ 8,489,623       $ 8,599,060    
                                   
                                   
    Deposit Composition by Type and Customer Repurchase Agreements  
        June 30,     March 31,     December 31,     September 30,     June 30,  
        2025     2025     2024     2024     2024  
                                   
    Noninterest-bearing   $ 7,247,128       $ 7,184,267       $ 7,037,096       $ 7,136,824       $ 7,090,095    
    Investment checking     483,793         533,220         551,305         504,028         515,930    
    Savings and money market     3,669,912         3,710,612         3,786,387         3,745,707         3,409,320    
    Time deposits     583,990         561,822         573,593         685,930         774,980    
    Total deposits     11,984,823         11,989,921         11,948,381         12,072,489         11,790,325    
                                   
    Customer repurchase agreements     404,154         276,163         261,887         394,515         268,826    
    Total deposits and customer repurchase agreements   $ 12,388,977       $ 12,266,084       $ 12,210,268       $ 12,467,004       $ 12,059,151    
                                                       
    CVB FINANCIAL CORP. AND SUBSIDIARIES
    SELECTED FINANCIAL HIGHLIGHTS
    (Unaudited)
    (Dollars in thousands)
    Nonperforming Assets and Delinquency Trends
        June 30,       March 31,       December 31,       September 30,       June 30,    
        2025       2025       2024       2024       2024    
    Nonperforming loans                                        
    Commercial real estate   $ 24,379       $ 24,379       $ 25,866       $ 18,794       $ 21,908    
    SBA     1,265         1,024         1,529         151         337    
    Commercial and industrial     265         173         340         2,825         2,712    
    Dairy & livestock and agribusiness     60         60         60         143            
    Total   $ 25,969       $ 25,636       $ 27,795       $ 21,913       $ 24,957    
    % of Total loans     0.31 %       0.31 %       0.33 %       0.26 %       0.29 %  
                                             
    Past due 30-89 days (accruing)                                        
    Commercial real estate   $       $       $       $ 30,701       $ 43    
    SBA     3,419         718         88                    
    Commercial and industrial                     399         64         103    
    Total   $ 3,419       $ 718       $ 487       $ 30,765       $ 146    
    % of Total loans     0.04 %       0.01 %       0.01 %       0.36 %       0.00 %  
                                             
    OREO                                        
    Commercial real estate   $ 661       $ 495       $ 18,656       $       $    
    SFR mortgage                     647         647         647    
    Total   $ 661       $ 495       $ 19,303       $ 647       $ 647    
    Total nonperforming, past due, and OREO   $ 30,049       $ 26,849       $ 47,585       $ 53,325       $ 25,750    
    % of Total loans     0.36 %       0.32 %       0.56 %       0.62 %       0.30 %  
                                                       
    CVB FINANCIAL CORP. AND SUBSIDIARIES
    SELECTED FINANCIAL HIGHLIGHTS
    (Unaudited)
                     
    Regulatory Capital Ratios
        Minimum Required   CVB Financial Corp. Consolidated
    Capital Ratios   Plus Capital
    Conservation Buffer
      June 30,
    2025
      December 31,
    2024
      June 30,
    2024
                     
    Tier 1 leverage capital ratio   4.0%   11.8%   11.5%   10.5%
    Common equity Tier 1 capital ratio   7.0%   16.5%   16.2%   15.3%
    Tier 1 risk-based capital ratio   8.5%   16.5%   16.2%   15.3%
    Total risk-based capital ratio   10.5%   17.3%   17.1%   16.1%
                     
    Tangible common equity ratio       10.0%   9.8%   8.7%
                     

    Tangible Book Value Reconciliations (Non-GAAP)

    The tangible book value per share is a Non-GAAP disclosure. The Company uses certain non-GAAP financial measures to provide supplemental information regarding the Company’s performance. The following is a reconciliation of tangible book value to the Company stockholders’ equity computed in accordance with GAAP, as well as a calculation of tangible book value per share.

        June 30,
    2025
          December 31,
    2024
          June 30,
    2024
       
        (Dollars in thousands, except per share amounts)      
                             
    Stockholders’ equity   $ 2,240,322       $ 2,186,316       $ 2,112,427    
    Less: Goodwill     (765,822 )       (765,822 )       (765,822 )  
    Less: Intangible assets     (7,657 )       (9,967 )       (12,416 )  
    Tangible book value   $ 1,466,843       $ 1,410,527       $ 1,334,189    
    Common shares issued and outstanding     137,825,465         139,689,686         139,677,162    
    Tangible book value per share   $ 10.64       $ 10.10       $ 9.55    
                                   

    Return on Average Tangible Common Equity Reconciliations (Non-GAAP)

    The return on average tangible common equity is a non-GAAP disclosure. The Company uses certain non-GAAP financial measures to provide supplemental information regarding the Company’s performance. The following is a reconciliation of net income, adjusted for tax-effected amortization of intangibles, to net income computed in accordance with GAAP; a reconciliation of average tangible common equity to the Company’s average stockholders’ equity computed in accordance with GAAP; as well as a calculation of return on average tangible common equity.

        Three Months Ended     Six Months Ended  
        June 30,     March 31,     June 30,     June 30,     June 30,  
        2025     2025     2024     2025     2024  
        (Dollars in thousands)  
                                   
    Net Income   $ 50,564     $ 51,104     $ 50,035     $ 101,668     $ 98,634  
    Add: Amortization of intangible assets     1,155       1,155       1,437       2,310       2,875  
    Less: Tax effect of amortization of intangible assets (1)     (341 )     (341 )     (425 )     (683 )     (850 )
    Tangible net income   $ 51,378     $ 51,918     $ 51,047     $ 103,295     $ 100,659  
                                   
    Average stockholders’ equity   $ 2,237,948     $ 2,226,948     $ 2,102,466     $ 2,232,478     $ 2,100,666  
    Less: Average goodwill     (765,822 )     (765,822 )     (765,822 )     (765,822 )     (765,822 )
    Less: Average intangible assets     (8,232 )     (9,518 )     (13,258 )     (8,872 )     (13,922 )
    Average tangible common equity   $ 1,463,894     $ 1,451,608     $ 1,323,386     $ 1,457,784     $ 1,320,922  
                                   
    Return on average equity, annualized (2)     9.06 %     9.31 %     9.57 %     9.18 %     9.44 %
    Return on average tangible common equity, annualized (2)     14.08 %     14.51 %     15.51 %     14.29 %     15.32 %
                                   
    (1) Tax effected at respective statutory rates.                              
    (2) Annualized where applicable.                              
     

    The MIL Network

  • MIL-OSI USA: During House Agriculture Committee Hearing, Feenstra Speaks Out Against California’s Proposition 12 Mandates on Iowa Hog Farmers

    Source: United States House of Representatives – Representative Randy Feenstra (IA-04)

    WASHINGTON, D.C. – Today, during a U.S. House Agriculture Committee hearing on California’s Proposition 12, U.S. Rep. Randy Feenstra (R-Hull) discussed the negative economic impacts of this egregious mandate on Iowa hog farmers and submitted for the congressional record letters penned by Iowa hog farmers about the adverse effects of Proposition 12 on their farms and operations.

    Matt Schuiteman, a hog farmer from Sioux County, Iowa, also testified before the U.S. House Agriculture Committee about the negative ramifications of Proposition 12.

    “California’s Prop 12 mandates threaten the safety and health of hogs, increase operating costs for Iowa hog farmers, raise pork prices for families, and jeopardize our food and farm security. It’s why I helped lead legislation and voted for a Farm Bill that overturns Prop 12, restores consumer choice, and supports Iowa farmers and our rural communities,” said Rep. Feenstra. “During today’s hearing, I submitted for the congressional record personal letters from Iowa hog farmers who have faced decreased herd health, substantial financial expense, and market losses because of Prop 12. Allowing a state that represents less than 1/10 of 1% of hog production to mandate activist-driven practices for farmers across the country is blatantly wrong. Representing the largest pork-producing congressional district in the country, I will continue to work to repeal Prop 12 and stand up for our hog farmers.”

    In response to Feenstra’s question about the implications of Proposition 12 on the health of hogs,Schuiteman responded, “Part of the root of the problem is just simply the fact that you have an initiative that was crafted by people who have not lived the industry and have not been around the animals. Prop 12 takes away our ability to act on what we know for the best interest of the animal. And we would prefer to have the freedom to manage our animals the best way we can see fit for the best possible outcome.” 

    Schuiteman further noted that “We [hog farmers] have talked about the $3,500 – $4,500 range per sow or more,” to convert operations to comply with Proposition 12.

    Today, Feenstra helped introduce the Save Our Bacon Act, which would ensure that states, like California and Massachusetts, cannot set arbitrary mandates on production practices for farmers across the country. 

    Last year, Feenstra also voted to pass a Farm Bill out of the U.S. House Agriculture Committee that would have repealed Proposition 12.

    You can watch Feenstra’s full remarks HERE.

    MIL OSI USA News

  • MIL-OSI USA: During House Agriculture Committee Hearing, Feenstra Speaks Out Against California’s Proposition 12 Mandates on Iowa Hog Farmers

    Source: United States House of Representatives – Representative Randy Feenstra (IA-04)

    WASHINGTON, D.C. – Today, during a U.S. House Agriculture Committee hearing on California’s Proposition 12, U.S. Rep. Randy Feenstra (R-Hull) discussed the negative economic impacts of this egregious mandate on Iowa hog farmers and submitted for the congressional record letters penned by Iowa hog farmers about the adverse effects of Proposition 12 on their farms and operations.

    Matt Schuiteman, a hog farmer from Sioux County, Iowa, also testified before the U.S. House Agriculture Committee about the negative ramifications of Proposition 12.

    “California’s Prop 12 mandates threaten the safety and health of hogs, increase operating costs for Iowa hog farmers, raise pork prices for families, and jeopardize our food and farm security. It’s why I helped lead legislation and voted for a Farm Bill that overturns Prop 12, restores consumer choice, and supports Iowa farmers and our rural communities,” said Rep. Feenstra. “During today’s hearing, I submitted for the congressional record personal letters from Iowa hog farmers who have faced decreased herd health, substantial financial expense, and market losses because of Prop 12. Allowing a state that represents less than 1/10 of 1% of hog production to mandate activist-driven practices for farmers across the country is blatantly wrong. Representing the largest pork-producing congressional district in the country, I will continue to work to repeal Prop 12 and stand up for our hog farmers.”

    In response to Feenstra’s question about the implications of Proposition 12 on the health of hogs,Schuiteman responded, “Part of the root of the problem is just simply the fact that you have an initiative that was crafted by people who have not lived the industry and have not been around the animals. Prop 12 takes away our ability to act on what we know for the best interest of the animal. And we would prefer to have the freedom to manage our animals the best way we can see fit for the best possible outcome.” 

    Schuiteman further noted that “We [hog farmers] have talked about the $3,500 – $4,500 range per sow or more,” to convert operations to comply with Proposition 12.

    Today, Feenstra helped introduce the Save Our Bacon Act, which would ensure that states, like California and Massachusetts, cannot set arbitrary mandates on production practices for farmers across the country. 

    Last year, Feenstra also voted to pass a Farm Bill out of the U.S. House Agriculture Committee that would have repealed Proposition 12.

    You can watch Feenstra’s full remarks HERE.

    MIL OSI USA News

  • MIL-OSI Analysis: How public development banks could narrow inequality gaps between the Global North and South

    Source: The Conversation – Canada – By Alicja Paulina Krubnik, PhD Candidate, Political Science, McMaster University

    The United Nations’ Fourth International Conference on Financing for Development (FFD4) recently concluded in Seville, Spain. It gathered global leaders from government, development, academia and civil society to discuss key barriers to sustainable development and shape collaborative efforts to address them.

    FFD4 comes at a crucial time, when the Action Agenda from the last FFD3, set 10 years ago, must be built upon and upheld. With only five years left to meet the UN’s Sustainable Development Goals (SDGs), more than 80 per cent are off track. More tangibly, 2030 is a key deadline for global emissions reduction.

    The global aid environment is also in crisis, just as low- and middle-income countries face mounting pressures due to the interconnected impacts of climate change, environmental damage, poverty and inequality.

    Boosting global co-operation

    FFD4 was an opportunity to revitalize and transform international development co-operation to help states meet these challenges and pursue sustainable development.

    Achieving this requires more than decarbonizing development financing. FFD4 faced its most testing challenge yet: how to reform the global financial systems that direct development resources.

    Key factors include aligning funding with the sustainable development needs of low- and middle-income countries, increasing access to long-term concessional financing — loans or other forms of financing provided on terms more favourable than those in the market — and reducing public debt burdens.

    Public development banks offer crucial leadership here. They provide affordable financing, direct resources where urgently needed and align funding with long-term development strategies, giving them significant potential to democratize project ownership.

    Urgent human development needs

    At the FFD4 gathering, many representatives, especially from Global South and climate-vulnerable countries, highlighted the inadequacy of development financing. Seedy Keita, the minister for finance and economic affairs from The Gambia, told the conference that as developing countries are being urged to invest more in climate and human development initiatives, they lack the tools to do so.

    The countries facing the worst climate impacts also struggle with urgent human development needs. Adapting to and mitigating climate breakdown are inseparable from economic and social development, with human welfare — access to food, water and clean air, avoiding displacement and the safety of women and girls — intimately linked to climate.

    Yet climate-vulnerable states receive a small share of global development financing, particularly for adaptation projects that yield lower returns. Additionally, resources for building value-added industries in low- and middle-income countries remain insufficient.

    Scant commitment to action

    Simply increasing financing is not enough. At the launch of the latest SDGs Report, UN Secretary General António Guterres stated:

    “There is something fundamentally wrong in the structure of the economic and financial architecture and in the way it operates to the detriment of developing countries.”

    In short, it’s too rigid and unresponsive to the Global South’s unique needs, ultimately constraining their ability to act on the SDGs.

    The most ambitious and pressing outcome of FFD4, the “Sevilla Commitment,” addresses key issues in efforts to reform international financial systems but lacks commitment to strong, transformative action.

    Too much priority is given to enabling low- and middle-income countries to access private finance for development. Using public development finance to mobilize private investments and lending has failed to close the financing gap.

    Poverty and inequality worsens

    Private support for the structural green transformation needed for long-term economic development in low- and middle-income countries remains inadequate, widening the divide between the Global North and South. The strategy of catalyzing private finance has shifted risk to public balance sheets while reserving most of the profits for private, often multinational corporations — what’s known as “de-risking.”

    A privatized development strategy has pushed fiscal austerity measures on Global South countries to access international capital markets to fund development initiatives. Many of these countries are struggling with alarming debt, forcing them to divert scarce funds from essential services like health and education to service debts, which worsens poverty and inequality.

    FFD4’s efforts to create a fairer debt system include scaling up debt swaps and forming an alliance between creditor countries and multilateral banks to implement debt “pause clauses” during crises. While many states called for deeper debt reforms and a UN convention on sovereign debt, several wealthy countries resisted bold changes.

    They largely overlooked the Global North’s climate debt — estimated at $192 trillion. The Sevilla Commitment proposes launching a UN-led intergovernmental process, opening a potential path for creditor action.

    As Spain’s economy minister put it, FFD4 is a “launchpad for action” not a “landing zone.”

    Directing money to where it’s needed most

    Public development banks have the potential to lead this action for a more prosperous and equitable future. They can mobilize under-utilized public resources more economically, rapidly and effectively to serve development goals in a climate-forward way.

    These banks can direct finance to where it’s most needed, aligning with development priorities across diverse low- and middle-income countries.

    Public development banks are also well-positioned to co-ordinate at multilateral, regional and national levels and to align global decarbonization goals to local demands. The largest coalition of banks, the Finance in Commons group, was recognized in the Sevilla Commitment. The group called for strengthening public development banks’ co-operation and leadership at the FFD4. Already a leader in global climate financing, further co-ordination among public debate banks could amplify its impact.




    Read more:
    Your essential guide to climate finance


    Supporting green, equitable development

    Structural change requires the long-term, affordable and counter-cyclical financing that public development banks can provide.

    For indebted developing countries facing high borrowing costs, steadfast concessional financing is crucial. Beyond finance, public development banks have a privileged role in knowledge formation and dissemination, which can be leveraged alongside their financial power to support green and equitable development.

    As public organizations, public development banks offer greater potential for transparency and accountability to democratic decision-making, aligning financing with public values. Beyond simply de-risking, these banks can leverage their financial power to generate broader public benefits.

    Alicja Paulina Krubnik receives funding from the Social Sciences and Humanities Research Council and the International Development Research Centre.

    ref. How public development banks could narrow inequality gaps between the Global North and South – https://theconversation.com/how-public-development-banks-could-narrow-inequality-gaps-between-the-global-north-and-south-261160

    MIL OSI Analysis

  • MIL-OSI USA: Chairman Wicker: The Pentagon needs major reform. Now is our chance

    US Senate News:

    Source: United States Senator for Mississippi Roger Wicker

    Fox News Opinion

    Read the full opinion editorial below.

    Last year, I released two plans for reforming the military. The first, 21st Century Peace through Strength, focused on the need for additional defense funding to produce what the U.S. military needs to keep the peace.

    The second, Restoring Freedom’s Forge, outlined a plan to change fundamentally the Pentagon’s business processes away from a Soviet-style bureaucratic mess to a modern process that rewards commercial innovation and fosters competition. 

    Fortunately, President Donald Trump campaigned on both these issues. He promised a defense spending boost, and we are well on our way after the $150 billion military infusion included in the reconciliation bill.  And the president promised to pursue wholesale Pentagon reform, getting rid of red tape and instead freeing our innovators to build weapons better, faster and at lower cost.

    In Congress, we recognize that we have no time to waste. The Senate Armed Services Committee recently voted overwhelmingly (26-1) to advance Congress’ annual National Defense Authorization Act (NDAA). This bill contains the most significant reforms to the Pentagon’s weapons-buying process in generations.

    For decades, we have paid defense companies to develop weapons primarily with taxpayer money. While this process will still be necessary for some systems, there are thousands of innovative companies who are developing weapons using private capital. This bill is written to encourage acquisition by those companies, who are often outpacing the Pentagon’s processes by years. 

    We have also spent many years under a broken weapons buying process. At dozens of stages, officials can say “No” and slow programs down. As it stands, program managers decide what to buy but shortly thereafter lose authority over the process. From there, contracting officers under a separate reporting structure can take 18 months to run a compliance-based process. This NDAA would create portfolio acquisition executives who are empowered to make decisions, take risk and then be held accountable for decisions.

    For decades, we have levied a crazy, years-long bureaucratic process to qualify new parts and types of weapons for military use. That process rewards the status quo and severely discourages competition. This bill will create a new streamlined process for qualification, pairing it with a new $1 billion fund from the reconciliation bill. Taken together, we will dramatically improve competition at the Pentagon and protect against price-gouging.

    The United States has a legacy of building some of the most advanced munitions in the world. The track records of our GMLRS surface-to-surface missiles and Patriot air defense interceptors are undeniable. But not every one of our weapons needs to be “exquisite,” a term of art for systems that are sophisticated, intricate and difficult to build. Instead, we are providing nearly $5 billion in defense reconciliation for new lower-cost munitions, many of which will be produced through advanced manufacturing. 

    We are living in the most dangerous moment since World War II. To enable an American-led 21st century, we need a military and a defense industrial base capable of maintaining the peace. The defense reconciliation bill made a big bet on American innovation, and the Senate’s 2026 NDAA introduces fundamental Pentagon reforms. With both, we can achieve a generational rebuilding of the U.S. military.

     

    MIL OSI USA News

  • MIL-OSI USA: Warren Secures Key Commitments from Social Security Chief to Protect Americans’ Benefits

    US Senate News:

    Source: United States Senator for Massachusetts – Elizabeth Warren

    July 23, 2025

    Bisignano agrees to independent investigation into data and metrics, no Schedule F, and more

    Bisignano admits responsibility for inaccurate email about Big Beautiful Bill, says doesn’t know whether White House Office of General Counsel (OGC) reviewed before SSA sent to all beneficiaries

    Washington, D.C. – Today, U.S. Senator Elizabeth Warren (D-Mass.), a leader of the Senate Democrats’ Social Security War Room, secured key commitments and admissions from Social Security Administration (SSA) Commissioner Frank Bisignano during a private meeting. The commitments relate to data and metrics, staffing, paper checks, and more. She also pressed Bisignano for information on his politicization of the SSA.

    “It’s my job as a United States Senator to conduct oversight, ask tough questions, and get real answers for the American people. The commitments I secured in today’s meeting with Commissioner Bisignano will make it easier for people to get their checks and get help with their benefits,” said Senator Warren. “I’ll keep pressing on these issues and fighting to protect Americans’ Social Security.”

    Senator Warren secured the following commitments and admissions from Commissioner Bisignano:

    • Commissioner Bisignano agreed to an independent IG investigation of Social Security service data and metrics. Recent reporting highlighted that under Bisignano’s watch, SSA has removed key service metrics, such as call wait times, from its website. An investigation from Senator Warren’s office revealed that the remaining metrics appear to be inaccurate and misleading. In the meeting with Senator Warren, Commissioner Bisignano agreed to an independent audit of both the collecting and reporting of data. He also committed that specific data will be publicly reported, such as the number of dropped calls, how often calls are transferred to incorrect departments, and what percentage of callers actually resolve their issue over the phone.
    • Commissioner Bisignano committed that SSA will not shift workers to Schedule F. Previous Acting SSA Commissioner Leland Dudek publicly called for entire SSA offices to be converted to Schedule F, which would, in effect, make it easier for leadership to fire workers with little cause. In today’s meeting, Senator Warren secured a commitment from Commissioner Bisignano to change course and not shift SSA workers to Schedule F. However, Senator Warren was concerned that Bisignano confirmed SSA has no plans to hire back workers who have been gutted from the agency — even amid reported capacity issues.
    • Commissioner Bisignano admitted he was responsible for the inaccurate SSA email about Donald Trump’s Big Beautiful Bill that went out to all beneficiaries, that his team had discussed the email with the White House, and that he was not sure whether the SSA’s Office of General Counsel (OGC) had reviewed it. Immediately following Congressional Republicans passing Donald Trump’s “Big Beautiful Bill,” SSA sent an inaccurate email to all beneficiaries with inaccurate information about benefits they could expect as a result of the bill. After receiving backlash, SSA quietly added a few lines at the bottom of the online version of their press release and sent out no correction email to beneficiaries.In the meeting with Senator Warren, Commissioner Bisignano revealed that his team at SSA was responsible for the initial email. He confirmed that it was discussed with the White House, but admitted that he didn’t know whether it had been run by SSA’s Office of General Counsel (OGC) before it was sent out to all beneficiaries. When Senator Warren asked whether he planned to send out a correction to all beneficiaries given the inaccurate and misleading information provided to them about their benefits, Bisignano said he did not know why they had not initially sent out a correction but believed the email had “aged” and did not require a follow-up.
    • Commissioner Bisignano committed not to entirely remove the option for beneficiaries to receive paper checks, backtracking on the agency’s own recent announcement to “stop issuing” them. SSA recently announced that it would stop issuing paper checks, which would significantly disrupt services for some of the most vulnerable Americans. In the meeting with Senator Warren, Commissioner Bisignano backtracked, confirming that paper checks will remain an option for beneficiaries who need them.

    Senate Dems’ Social Security War Room is a coordinated effort to fight back against the Trump administration’s attack on Americans’ Social Security. The War Room coordinates messaging across the Senate Democratic Caucus and external stakeholders; encourages grassroots engagement by providing opportunities for Americans to share what Social Security means to them; and educates Senate staff, the American public, and stakeholders about Republicans’ agenda and their continued cuts to Americans’ Social Security services and benefits.

    MIL OSI USA News