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Category: Taxation

  • MIL-OSI: FRO – First Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    FRONTLINE PLC REPORTS RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2025

    Frontline plc (the “Company”, “Frontline,” “we,” “us,” or “our”), today reported unaudited results for the three months ended March 31, 2025:

    Highlights 

    • Profit of $33.3 million, or $0.15 per share for the first quarter of 2025.
    • Adjusted profit of $40.4 million, or $0.18 per share for the first quarter of 2025.
    • Declared a cash dividend of $0.18 per share for the first quarter of 2025.
    • Reported revenues of $427.9 million for the first quarter of 2025.
    • Achieved average daily spot time charter equivalent earnings (“TCEs”)1 for VLCCs, Suezmax tankers and LR2/Aframax tankers in the first quarter of $37,200, $31,200 and $22,300 per day, respectively.
    • Entered into three senior secured credit facilities in February 2025 for a total amount of up to $239.0 million to refinance the outstanding debt on three VLCCs and one Suezmax tanker maturing in 2025 and, in addition, provide revolving credit capacity in a total amount of up to $91.9 million.
    • Entered into one senior secured term loan facility in April 2025 in an amount of up to $1,286.5 million to refinance the outstanding debt on 24 VLCCs approximately three and a half years prior to maturity to reduce the margin.

    Lars H. Barstad, Chief Executive Officer of Frontline Management AS, commented:

    “The first quarter of 2025 came in line with the previous quarter, somewhat muted relative to the economic and political backdrop during the period. In times of uncertainty, it’s comforting to operate in an industry that maintains business as usual, transporting oil and products around the world at a steady pace. Utilization on the larger ships has improved during the quarter and with continued pressure and enforcement on sanctioned trades, we have seen healthy developments in activity across the segments that Frontline deploys. Fleet growth remains slow, and ordering has again stalled, continuing to support the long-term fundamental story for tankers, where Frontline is ideally positioned with its cost-focused business model and spot-exposed, modern fleet.”

    Inger M. Klemp, Chief Financial Officer of Frontline Management AS, added:

    “Through our refinancings in 2025, we have further strengthened our strong liquidity, leaving the Company with no meaningful debt maturities until 2030, and further reduced our borrowing costs and cash breakeven rates. We continue to focus on maintaining our competitive cost structure, breakeven levels and solid balance sheet to ensure that we are well positioned to generate significant cash flow and create value for our shareholders.”

    Average daily TCEs and estimated cash breakeven rates

    ($ per day) Spot TCE Spot TCE currently contracted % Covered Estimated average daily cash breakeven rates for the next 12 months
      Q1 2025 Q4 2024 2024 Q2 2025  
    VLCC 37,200 35,900 43,400 56,400 68% 29,700
    Suezmax 31,200 33,300 41,400 44,900 69% 24,300 
    LR2 / Aframax 22,300 26,100 42,300 36,100 66% 23,300

    We expect the spot TCEs for the full second quarter of 2025 to be lower than the spot TCEs currently contracted, due to the impact of ballast days during the second quarter of 2025. See Appendix 1 for further details.

    The Board of Directors
    Frontline plc
    Limassol, Cyprus
    May 22, 2025

    Ola Lorentzon – Chairman and Director
    John Fredriksen – Director
    James O’Shaughnessy – Director
    Steen Jakobsen – Director
    Cato Stonex – Director
    Ørjan Svanevik – Director
    Dr. Maria Papakokkinou – Director

    Questions should be directed to:

    Lars H. Barstad: Chief Executive Officer, Frontline Management AS
    +47 23 11 40 00

    Inger M. Klemp: Chief Financial Officer, Frontline Management AS
    +47 23 11 40 00

    Forward-Looking Statements

    Matters discussed in this report may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements, which include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.

    Frontline plc and its subsidiaries, or the Company, desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. This report and any other written or oral statements made by us or on our behalf may include forward-looking statements, which reflect our current views with respect to future events and financial performance and are not intended to give any assurance as to future results. When used in this document, the words “believe,” “anticipate,” “intend,” “estimate,” “forecast,” “project,” “plan,” “potential,” “will,” “may,” “should,” “expect” and similar expressions, terms or phrases may identify forward-looking statements.

    The forward-looking statements in this report are based upon various assumptions, including without limitation, management’s examination of historical operating trends, data contained in our records and data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

    In addition to these important factors and matters discussed elsewhere herein, important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include:

    • the strength of world economies;
    • fluctuations in currencies and interest rates, including inflationary pressures and central bank policies intended to combat overall inflation and high interest rates and foreign exchange rates;
    • the impact that any discontinuance, modification or other reform or the establishment of alternative reference rates have on the Company’s floating interest rate debt instruments;
    • general market conditions, including fluctuations in charter hire rates and vessel values;
    • changes in the supply and demand for vessels comparable to ours and the number of newbuildings under construction;
    • the highly cyclical nature of the industry that we operate in;
    • the loss of a large customer or significant business relationship;
    • changes in worldwide oil production and consumption and storage;
    • changes in the Company’s operating expenses, including bunker prices, dry docking, crew costs and insurance costs;
    • planned, pending or recent acquisitions, business strategy and expected capital spending or operating expenses, including dry docking, surveys and upgrades;
    • risks associated with any future vessel construction;
    • our expectations regarding the availability of vessel acquisitions and our ability to complete vessel acquisition transactions as planned;
    • our ability to successfully compete for and enter into new time charters or other employment arrangements for our existing vessels after our current time charters expire and our ability to earn income in the spot market;
    • availability of financing and refinancing, our ability to obtain financing and comply with the restrictions and other covenants in our financing arrangements;
    • availability of skilled crew members and other employees and the related labor costs;
    • work stoppages or other labor disruptions by our employees or the employees of other companies in related industries;
    • compliance with governmental, tax, environmental and safety regulation, any non-compliance with U.S. or European Union regulations;
    • the impact of increasing scrutiny and changing expectations from investors, lenders and other market participants with respect to our Environmental, Social and Governance policies;
    • Foreign Corrupt Practices Act of 1977 or other applicable regulations relating to bribery;
    • general economic conditions and conditions in the oil industry;
    • effects of new products and new technology in our industry, including the potential for technological innovation to reduce the value of our vessels and charter income derived therefrom;
    • new environmental regulations and restrictions, whether at a global level stipulated by the International Maritime Organization, and/or imposed by regional or national authorities such as the European Union or individual countries;
    • vessel breakdowns and instances of off-hire;
    • the impact of an interruption in or failure of our information technology and communications systems, including the impact of cyber-attacks upon our ability to operate;
    • risks associated with potential cybersecurity or other privacy threats and data security breaches;
    • potential conflicts of interest involving members of our Board of Directors and senior management;
    • the failure of counter parties to fully perform their contracts with us;
    • changes in credit risk with respect to our counterparties on contracts;
    • our dependence on key personnel and our ability to attract, retain and motivate key employees;
    • adequacy of insurance coverage;
    • our ability to obtain indemnities from customers;
    • changes in laws, treaties or regulations;
    • the volatility of the price of our ordinary shares;
    • our incorporation under the laws of Cyprus and the different rights to relief that may be available compared to other countries, including the United States;
    • changes in governmental rules and regulations or actions taken by regulatory authorities;
    • government requisition of our vessels during a period of war or emergency;
    • potential liability from pending or future litigation and potential costs due to environmental damage and vessel collisions;
    • the arrest of our vessels by maritime claimants;
    • general domestic and international political conditions or events, including “trade wars”;
    • any further changes in U.S. trade policy that could trigger retaliatory actions by the affected countries;
    • potential disruption of shipping routes due to accidents, environmental factors, political events, public health threats, international hostilities including the war between Russia and Ukraine and possible cessation of such war, the conflict between Israel and Hamas and related conflicts in the Middle East, the Houthi attacks in the Red Sea and the Gulf of Aden, acts by terrorists or acts of piracy on ocean-going vessels;
    • the impact of restriction on trade, including the imposition of tariffs, port fees and other import restrictions by the United States on its trading partners and the imposition of retaliatory tariffs by China and the EU on the United States, and potential further protectionist measures and/or further retaliatory actions by others, including the imposition of tariffs or penalties on vessels calling in key export and import ports such as the United States, EU and/or China;
    • the length and severity of epidemics and pandemics and their impact on the demand for seaborne transportation of crude oil and refined products;
    • the impact of port or canal congestion;
    • business disruptions due to adverse weather, natural disasters or other disasters outside our control; and
    • other important factors described from time to time in the reports filed by the Company with the Securities and Exchange Commission.

    We caution readers of this report not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are no guarantee of our future performance, and actual results and future developments may vary materially from those projected in the forward-looking statements.

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

    1 This press release describes Time Charter Equivalent earnings and related per day amounts and spot TCE currently contracted, which are not measures prepared in accordance with IFRS (“non-GAAP”). See Appendix 1 for a full description of the measures and reconciliation to the nearest IFRS measure.

    Attachment

    The MIL Network –

  • MIL-OSI New Zealand: Post-Budget speech to Auckland Business Chamber

    Source: New Zealand Government

    It’s a pleasure to be invited here today by the Auckland Chamber for my first post-Budget speech.

    The Chamber is the peak body for the Auckland business sector, where so many of our country’s businesses are based.

    Our Government backs business-friendly policies because, ultimately, business success underpins our success as a nation. 

    I am going to talk to you today about the Budget’s business growth measures. 

    Thriving businesses deliver the growth, jobs and incomes that New Zealanders need to get ahead.

    One of those thriving businesses is hosting us right here. 

    If you’ll pardon the pun, I reckon that Recorp is the can manufacturing company with the can-do attitude.

    I admire the scale of your ambition to eliminate the use of single use plastic bottles in New Zealand by 2030.

    My congratulations to you Bruce Parton and your team, and also to Rob Fyfe whose vision and commitment helped get this company up and running.

    One of Recorp’s critical points of difference is the quality of its manufacturing equipment.

    You invested heavily at the outset in the technology that enables you to accurately tailor orders to match customer requirements, regardless of size.

    You have set an example for other new Kiwi businesses. Many are following it, but it’s a challenge for others.

    We know that capital investment is a key to business success. So often, it’s the piece that gives companies the edge over competitors at home and overseas.

    One of the things I hear from business leaders is the difficulty many Kiwi businesses face raising capital to invest in the equipment and other assets they need to succeed.

    Lack of good quality capital has become a barrier to growth.

    This Government has acted to lower that barrier.

    The Investment Boost tax incentive announced in the Budget gives businesses an adrenalin boost to invest in the new productive assets they need to succeed.

    I’m really proud that we’ve managed to incorporate this exciting new initiative in the Budget.

    I expect almost all of you will have heard something about Investment Boost in recent days. 

    You may even have heard our critics say in the media that it won’t make much difference.

    Well, our MPs have been out since the Budget was delivered and what they’ve heard is that Investment Boost will be a game-changer for many Kiwi businesses.

    Like the manufacturer now planning a $70 million capital expansion over the next two years to install a fully automated plant.

    Like the chicken farmer now planning to raise his investment in upgrades and new assets from $12 million to $18 million over the next 12 months. He said this was the “best news for our sector in a long time”.

    Like the caterer with a new kitchen to fit out, who says they will be “thousands and thousands better off”.

    Like Robbie Smith, owner of Stevenson and Taylor, the large Hawke’s Bay agricultural machinery business. He has already seen a jump in sales since the announcement, with one customer purchasing two tractors. He said: “This initiative is great news for local businesses.”

    Like Pic’s Peanut Butter Chief Executive Aimee McCammon, who thinks Investment Boost will be “super helpful” for the many small to medium-sized businesses like hers that are running on old kit.

    Or like Chartered Accountants New Zealand country head Peter Vial who says  the announcement was more generous than expected and will significantly increase productivity and growth 

    He says: “New Zealand’s poor productivity is not due to poor work ethic or laziness, but rather a lack of capital investment in equipment, machinery and technology. The Investment Boost tax incentive strikes at the heart of this.”

    I couldn’t agree more.

    Then there’s the semi-retired accountant who was inundated with calls on the Friday morning after the Budget from clients looking to take advantage of Investment Boost. 

    He said: “It is a long time since I have seen a reaction like this to the Budget.”

    I’m going to talk more about Investment Boost soon – how it works, with some examples of the savings it offers. 

    But I’d like to start by putting a bit of context around the Budget, and why we’ve taken the approach we have.

    The Budget is a responsible Budget for uncertain times.

    I’ve been calling it the no-BS Budget.

    We’ve levelled with Kiwis about the challenges we face as a nation. 

    No rainbows or unicorns. No lolly scrambles. Just straight talk, and responsible actions.

    We inherited a country with its bank account run down and the credit card maxed out.

    Thanks to the previous Government’s refusal to turn off the spending tap after Covid, public debt ballooned from just 18.6 per cent of GDP in 2019 to 41.7 per cent in 2024, just five years later.

    We’ve slipped back to the bad old days of the eighties and nineties, when debt servicing was among the biggest government spending items.

    Today, about one dollar in every 15 of the Government’s operating spending goes to paying the interest bill on our borrowings.

    Our political opponents say that’s all good. Other countries have higher debt, so we can just borrow and spend more to get ourselves out of trouble.

    That kind of talk ignores the reality that New Zealand’s economy is different to many of those other more highly indebted economies. 

    We are small, isolated and heavily reliant on overseas trade. We have very limited ability to influence the global financial and trading conditions that affect our livelihood.

    This audience needs no reminding of how unstable and unpredictable the world trading environment is right now. 

    Further, we are a country that’s vulnerable to sudden, costly shocks. 

    One day another big earthquake, cyclone, pandemic or biosecurity breach is going to hit us. Recovering from events like those is even harder if there’s nothing left in the kitty to pay for it. 

    The good news is that the economic recovery is under way. 

    Inflation is down and is forecast to stay within the 1 to 3 per cent target band.

    Interest rates are down, and forecast to fall further. 

    The Budget forecasts GDP to rise to healthy rates of around 3 per cent in each of the next two years.

    Wages are forecast to grow faster than the inflation rate, making wage earners better off, on average, in real terms.

    The Budget also forecasts that 240,000 more people will be in work over the forecast period to mid-2029.

    Many New Zealanders may not be feeling better off now, but over time they will – provided we stay the course.

    The recovery remains fragile. Global uncertainty has caused Treasury to peg back its forecasts, especially in the near term.

    The recovery isn’t in danger, but it is likely to be slower than previously forecast.

    As a government, we’re talking straight with New Zealanders about the way ahead. 

    About getting public debt under control and nurturing the economic recovery now under way.

    About carefully managing the public purse. Making sure we’re using taxpayer dollars to pay for the must-haves, rather than the nice to haves.

    About doing nothing to put the economic recovery at risk – because a growing economy is the route to higher living standards for everyone.

    But we’re also clear that the no-BS Budget doesn’t mean penny-pinching across the board.

    We get that New Zealanders are struggling with the cost of living. The Budget responds with some carefully targeted help, including rates relief for more SuperGold Card holders, 12-month prescriptions to save the cost of repeats, better targeting Working for Families to low and middle-income earners, and continuing funding for food banks.

    We’re also investing more in health, education, law and order and other frontline public services.

    We’ve done that while also finding room to invest in business success.

    The Budget demonstrates that we truly can walk and chew gum at the same time.

    It’s about hope grounded in reality.

    That we can continue to invest in the things that matter, while staying on a debt reduction and economic growth track.

    That we can reduce government spending as a share of the economy and return the government’s books to balance.

    We’ve done it despite reducing our operating allowance from $2.4 billion to $1.3 billion a year.

    That’s the lowest allowance in a decade. The adjustment was made to keep government spending on a tight track, recognising changing forecasts due to the uncertain economic conditions.

    Despite the smaller discretionary kitty, we’ve still been able to deliver $5 billion in new spending and $1.7 billion for the Investment Boost tax incentive that I talked about earlier.

    That’s because most of the spending increase is funded by savings.

    We’ve been able to find $5.3 billion in savings through reprioritising and cost reductions across government.

    Half the savings come from changes to the pay equity regime. 

    To be clear, I am absolutely committed to pay equity. But we have to be sure that future settlements stick to fixing pay discrepancies between occupations that are based only on sex-based discrimination, and not for other reasons. 

    Otherwise, pay equity negotiations simply become a surrogate for a normal wage bargaining round.

    Even our political opponents are starting to realise that the previous pay equity regime was simply out of control. The scale of settlements coming at us would have limited our ability to invest in health, education and the other public services that the women – and men – of New Zealand rely on.

    We’ve also put another $1.8 billion towards investment in health and education infrastructure like hospitals and schools.

    And we’re putting $1.7 billion into what I believe is the single most important policy in this year’s Budget – the Investment Boost tax incentive that I talked about earlier.

    Investment Boost is available right now to every business represented in this room.

    Businesses large and small – manufacturers like Recorp, farmers, tradies, whoever.

    It’s for all those businesses that are keeping their heads above water but need a bit of help to get beyond that, by getting their hands on the productive assets they need to grow.

    Assets like machinery, tools, equipment, technology, vehicles and industrial buildings.

    Investment Boost applies to new assets purchased by New Zealand businesses. It can also apply to second-hand assets imported from overseas.

    It excludes land, residential buildings, and assets already in use in New Zealand.

    There’s no cap on the value of new investments. All businesses, regardless of size, are eligible.

    It allows you to immediately deduct 20 per cent of the cost of a new asset from your taxable income, on top of depreciation.

    That means a much lower tax bill in the year of purchase. The remaining book value is depreciated at normal rates.

    Since a dollar now is more valuable than a dollar in future, the cashflow from investments is more attractive and the after-tax returns are better.

    It means that more investment opportunities stack up financially, so more investments will be made.

    Let’s look at an example.

    A manufacturer – let’s call it Green Kiwi – wants to invest in a new environmental test chamber, at a cost of $200,000.

    Before Investment Boost, the company could claim an annual depreciation deduction of 10.5 per cent. That would reduce Green Kiwi’s taxable income by $21,000 a year over its useful life.

    With Investment Boost, it can now also claim 20 per cent of the value of the asset – that’s $40,000 – in the year of purchase, as well as the standard depreciation on the remaining 80 per cent of its value

    Together, these deductions reduce the company’s taxable income in that year by $56,800.

    This translates to an additional $10,000 off the company’s tax bill that year.

    That’s $10,000 more that Green Kiwi has to reinvest in the assets it needs to grow.

    Another example. Farmer Brown gets a woolshed built for $150,000. The extra deductions he gets under Investment Boost mean his tax bill will be $8,274 less than it would otherwise have been, meaning more to invest in shearing equipment in his new shed.

    And another one. Pam the plumber buys a ute for $60,000. Investment Boost gives her $2906 more than she would otherwise have had to buy new tools.

    Over the next 20 years, Investment Boost is expected to lift New Zealand’s capital stock by 1.6 per cent, leading to wages rising by 1.5 per cent and GDP by 1 per cent.

    These are estimates, not precise values. But officials estimate that roughly half those benefits will be achieved in the first five years.

    The Government did consider reducing the company tax rate as an alternative to Investment Boost. But dollar for dollar, Investment Boost raises investment more than a company tax rate reduction as it only applies to new investments, not those made in the past.

    The other advantage of Investment Boost is that the benefits are expected to flow to workers.

    Inland Revenue’s Regulatory Impact Statement states that “the majority of the increase in national income from Investment Boost would flow to workers. This increase would come from a combination of higher wages and higher employment. We therefore expect that the benefits of Investment Boost will be spread broadly across a wide range of New Zealanders.”

    There you have it. Ultimately, all workers benefit from Investment Boost.

    There’s a number of other business growth initiatives in this Budget.

    We’re setting up a new agency, Invest New Zealand, to attract global capital, business and talent to this country. An experienced advisory group chaired by Rob Morrison, has been appointed to support its establishment. 

    We’re changing our thin capitalisation tax rules to encourage foreign investment in our infrastructure. We’re consulting now on the details of that.

    We’re allowing employee share schemes to defer their tax liability, to help start-ups and unlisted companies to compete for and retain talent.

    We’re re-prioritising our science and technology funding towards growth-promoting investment in areas like gene technology. We want our researchers to focus on real-world problems and innovations that can be commercialised.

    And we’re supporting our highly successful film and television sector by increasing the screen production rebate to just over a billion dollars across this year and the next four years.

    We don’t subsidise business as a rule, but when it comes to the screen industry, a rebate is the price of entry to the game.

    Over the last decade overseas production companies have invested $7.5 billion in New Zealand. We simply wouldn’t get that kind of investment in future without continuing the rebate.

    We’re also replacing the much-maligned Resource Management Act to unlock investment and growth across the country. You’ll be hearing more about that in the months ahead.

    No doubt you have heard about the changes to KiwiSaver, which the media has focused pretty heavily on.

    Essentially, we are raising the default employee and matching employer contribution rate from 3 to 4 per cent over the next three years. To ensure the scheme’s sustainability, we are also reducing the government contribution by half, to just over $260 a year. 

    We’re also extending the government contribution to 16- and 17-year-olds, to foster the savings habit, but removing it altogether for people earning more than $180,000 a year, because they don’t need it.

    I acknowledge that change impacts on employers. But to allow time to adjust, we are phasing it in over the next three years, and we are not making the new rate compulsory – employees can choose to opt back down to a three per cent contribution if they wish.

    The changes are designed to lift our retirement savings rates which, frankly, are too low, especially when compared with other countries like Australia. 

    Higher retirement savings deliver big benefits for individuals and for the country. Our financial institutions have a larger pool of capital to invest back in the economy, and the pressure on Government to financially support retired New Zealanders is eased.

    To finish, I want to touch on where this Budget takes us.

    Our decisions mean we are on track to bend the debt curve downwards without applying a blowtorch to public services.

    We are taking a deliberate, medium-term approach to fiscal consolidation.

    This is far from austerity, as some commentators have claimed. In fact, it is what you do to avoid austerity.

    There’s no doubt that balancing the books is challenging.

    Some would do it with higher taxes; we are doing it by controlling growth in spending.

    We’re saying to New Zealanders: we’re about no BS, just straight talk about the choices we face as a country.

    Thank you.

    MIL OSI New Zealand News –

  • MIL-OSI USA: LEADER JEFFRIES ON HOUSE FLOOR: “IF THEY WON’T FIGHT FOR YOU, WE WILL”

    Source: United States House of Representatives – Congressman Hakeem Jeffries (8th District of New York)

    Washington, DC – Today, Democratic Leader Hakeem Jeffries spoke on the House Floor in opposition to the dangerous GOP Tax Scam passed by House Republicans to strip healthcare and nutritional assistance from the American people in order to enact massive tax breaks for billionaires.

    JEFFRIES: Mr. Speaker, I rise today in strong opposition to this reckless, regressive and reprehensible GOP Tax Scam. This is One Big Ugly Bill that House Republicans are trying to jam down the throats of the American people under the cover of darkness. This legislation will not make life better for the American people. The GOP Tax Scam represents an assault on the economy, an assault on healthcare, an assault on nutritional assistance, an assault on tax fairness and an assault on fiscal responsibility. There are more than 100 other reasons to vote against this One Big Ugly Bill that can be found by reading this more than 1000-page document. Those reasons are too numerous to mention, but this legislation also undermines reproductive freedom, undermines the progress that we have made in combating the climate crisis, undermines gun safety, undermines the rule of law and the independence of the federal judiciary. It even undermines the ability of hardworking and law-abiding immigrant families to provide remittances to their loved ones who may just happen to live abroad. There are more than 100 different reasons to vote against the GOP Tax Scam. And in the days and the weeks and the months to come, all of those reasons will be exposed for the American people, in each and every one of your districts.

    But this bill represents a failed promise. Last year, Donald Trump and House Republicans spent all of their time talking about their promise to lower the high cost of living in the United States of America. In fact, Donald Trump and Republicans promised that costs would go down on day one. We’re now more than 120 days past the inauguration. Costs aren’t going down. They’re going up. Inflation is out of control. Insurance rates remain stubbornly high. Our Moody’s rating, our credit rating has been downgraded. And you’ve got people losing confidence in this economy. Republicans are crashing this economy in real time and driving us toward a recession. But beyond that, costs are actually going up. The trade war that Donald Trump has recklessly launched—his tariff scheme—will raise the cost of goods and groceries and gas for everyday Americans, the Americans that you claimed you were going to help, but the Americans that you are clearly hurting. You’ve destabilized the business environment. Small businesses are at risk of closing. Farmers—small family farmers are in distress. Businesses can’t invest. People are not hiring. You are actively crashing the economy, driving America toward a recession. You promised to lower costs on day one. Costs aren’t going down. They are going up.

    Now, as House Democrats, we believe that we have to build an affordable economy for hardworking American taxpayers. We’re committed to lowering housing costs and grocery costs and insurance costs and child care costs and utility costs. America, the wealthiest country in the history of the world—there are far too many people living paycheck to paycheck, struggling to make ends meet. Here in this country, no American should find themselves in that situation. And you promised that you would do something about it. But things are not getting better. They’re getting worse. We could have partnered together to try to find a bipartisan path toward building an affordable economy for hardworking American taxpayers, but you chose to go it alone, to try to drive your extreme right-wing policies down the throats of the American people. And that’s what this One Big Ugly Bill represents. 

    Not simply a broken promise, as it relates to your failures on the economy. And despite the gentleman from Louisiana trying to articulate all of the so-called successes that have taken place, we know that this presidency has already been a failure, filled with crisis and chaos, cruelty and corruption. And the American people know it, which is why Donald Trump, at the 100-day mark, was the most unpopular President in American history. The American people understand it’s unfolding right before their eyes, no matter what kind of MAGA spin you try to put on the situation. And things are going to get worse. Why? Because of this Big Ugly Bill. Not simply an assault on the economy, a broken promise, it’s an assault on the healthcare of the American people. You see, as Democrats, we believe, in this country, healthcare is not simply a privilege, healthcare is a right. And from Medicare to Medicaid to the passage of the Affordable Care Act and subsequently enhancing it, we’ve begun to move America to a place where every single person in this land can have access to the healthcare that they need to live a life of dignity and respect.

    At this moment in America, we have the lowest rate of uninsured people in our nation’s history. But this GOP Tax Scam will reverse that, with this assault on healthcare, the largest cut to Medicaid in American history. And here’s what it will mean for the American people. Children will get hurt. Women will get hurt. Older Americans who rely on Medicaid for nursing home care and for home care will get hurt. People with disabilities who rely on Medicaid to survive will get hurt. Hospitals in your districts will close. Nursing homes will shut down. And people will die. That’s not hype. That’s not hyperbole. That’s not a hypothetical. The people that you all represent have been writing to us to make that clear. Thousands of people who’ve written to us—everyday Americans—have made that clear. And let me just present a few of those stories into the record.

    I have Type 1 diabetes and was diagnosed when I was seven years old. I’ve had jobs with private insurance in the past, but I lost my job during the pandemic. With child care becoming a major challenge, it made more sense for me to stay home with the kids, but that also meant losing my health benefits. Right now, we’re all on Medicaid. It’s crucial for me to stay alive and healthy. I need insulin and supplies to manage my diabetes every single day. Without it, I could die. That’s Shauna, who lives in Arizona’s Sixth Congressional District.

    My youngest son has leukemia. He was a self-employed handyman, and therefore, he didn’t have sufficient insurance. When the cancer became more debilitating, he could no longer work. He has undergone radiation, stem cell transplant and then more radiation. He is still fighting the cancer. And without Medicaid and the fine physicians, he would surely die. That’s Greg, who lives in the Eighth Congressional District of Colorado.

    As a cancer survivor with chronic illnesses, I rely heavily on Medicaid and food stamps to get by. Without these essential programs, people like me would suffer. I’m currently taking expensive medication to stay in remission, but my condition and the side effects of my treatment make it impossible for me to work. Unfortunately, my work history also disqualifies me from receiving Social Security benefits. I’m not alone in my dependence on these Medicaid and food stamps benefits. Children, elders and many others who are sick or struggling, also rely on them to survive. I urge you to do the right thing for the people you represent. Without food stamps and Medicaid, the consequences would be painful and even deadly. That’s Julisa, who had a message for her Representative in Pennsylvania’s Eighth Congressional District.

    But we’re here to say, as House Democrats, to Shauna, to Greg and to Julisa, that if your representatives won’t fight for you, we will. We will. We will. If they won’t fight for you, we will fight for you, for your healthcare, for your decency, for your well-being, for your grace and for your dignity.

    Full remarks can be watched here.

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    MIL OSI USA News –

  • MIL-OSI USA: Congresswoman Norma Torres Votes Against Republican Budget Reconciliation Bill

    Source: United States House of Representatives – Congresswoman Norma Torres (35th District of California)

    May 22, 2025

    Voted No to Protect Critical Healthcare, Food Security, and Fair Tax Policies for California Families

    WASHINGTON, D.C. —   Today, Congresswoman Norma Torres voted against the Republican Budget Reconciliation bill, which harms millions of Americans. The bill includes devastating provisions that would cut healthcare coverage for nearly 14 million people, reduce SNAP benefits by $300 billion, and leave 42 million Americans facing cuts to their benefits. Congresswoman Torres has been at the forefront of efforts to protect vital programs and services for working families, children, seniors, and people with disabilities.

    “I cannot in good conscience support a bill that undermines the basic needs of our nation’s most vulnerable,” said Congresswoman Norma Torres. “This bill would slash critical healthcare coverage, make it harder for families to put food on the table, and further burden Californians already struggling with the high cost of living. 

    “Almost half of my district relies on Medi-Cal, California’s Medicaid.  More than 110,000 residents of my district rely on food assistance programs.”

    “The Republican Budget Reconciliation is an outright assault on these families, and on working American families across the nation. I’ll keep fighting for Californians, pushing back against these harmful cuts and standing up for policies that protect healthcare, food security, tax fairness, and a stronger future for all. It’s shameful that my Republican colleagues are prioritizing billionaires over the needs of their own constituents.”

    Congresswoman Torres proposed amendments were not included by Republicans but would have significantly improved the bill and protected healthcare, food security, and fair tax policies.

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    MIL OSI USA News –

  • MIL-OSI Security: Colchester County / Fall River — RCMP Southeast Traffic Services and Colchester County District RCMP investigations lead to arrest

    Source: Royal Canadian Mounted Police

    Multiple RCMP investigations from two regions of the province have led to charges against a Dartmouth man.

    On May 5, Colchester County District RCMP responded to a report of a theft from a business in Onslow. Investigators learned that a lawn tractor had been stolen from the yard in the early morning of May 4. Review of surveillance video showed a vehicle of interest, believed to be a black Ford Ranger, accessing the yard.

    On May 10, Colchester County District RCMP responded to a report of a theft from a business in Stewiacke where a lawn tractor was stolen from an enclosed yard overnight.

    On May 15, a third similar incident was reported to Colchester County District RCMP from a business in Brookfield. In this third incident there was damage to gates and locks in the business’s enclosed yard, but no items taken. Based on items left behind at the scene and surveillance video, officers identified a person of interest from Dartmouth.

    Later that day at approximately 10:30 a.m., officers with RCMP Southeast Traffic Services in Fall River were approached by a member of the public who reported a suspected impaired driver. Officers located the vehicle, a black Ford Ranger, on Hwy. 2 at Fletchers Lake and attempted a traffic stop. Due to significant safety concerns, officers used their police vehicles to direct the truck into the ditch when the driver attempted to flee the traffic stop.

    The driver, Ryan Fleet, 40, of Dartmouth, was safely arrested at the scene and is facing nine charges related to the Colchester County investigations, including Theft Over $5000 (two counts) and Break and Enter (two counts). He is charged with Flight from Peace Officer, Dangerous Operation, Failure to Comply with Probation Order, and Forcible Confinement associated to his arrest in Fletchers Lake. In addition, he was issued summary offence tickets for offences under the Nova Scotia Motor Vehicle Act and Revenue Act. Fleet had a first court appearance on May 16 at Dartmouth Provincial Court and remains in custody.

    Fleet was assessed for impairment and passed the tests for alcohol and drugs administered by officers.

    A passenger who was in the vehicle at the time of the traffic stop was arrested and released without charges.

    Anyone with information about these incidents is asked to contact Colchester County District RCMP at 902-893-6820 or police of jurisdiction in your area. To remain anonymous, call Nova Scotia Crime Stoppers, toll-free, at 1-800-222-TIPS (8477), submit a secure web tip at www.crimestoppers.ns.ca, or use the P3 Tips app.

    MIL Security OSI –

  • MIL-OSI Security: Minneapolis Woman Sentenced to 51 Months in Prison for Role in Feeding Our Future $250 Million Fraud Scheme

    Source: Office of United States Attorneys

    MINNEAPOLIS – Sahra Nur of Minneapolis has been sentenced to 51 months in prison followed by 2 years of supervised release for her role in a $250 million fraud scheme that exploited a federally funded child nutrition program during the COVID-19 pandemic, announced Acting U.S. Attorney Lisa D. Kirkpatrick. Nur was also ordered to pay restitution in the amount of $5,000,240.

    According to court documents, from December 2020 through January 2022, Sahra Mohamed Nur, 63, knowingly and willfully conspired with others in a fraudulent scheme to obtain and misappropriate millions in federal child nutrition funds. As the owner and operator of S & S Catering Inc., Nur initially enrolled in the Federal Child Nutrition Program as a food distribution site under the sponsorship of Feeding Our Future. As the fraud scheme progressed, S & S Catering operated as a vendor for other food distribution sites affiliated with Feeding Our Future.

    Between September 2020 and April 2021, Nur claimed to have served over 1.2 million meals to children from S & S Catering alone. Between December 2020 and December 2021, sites who used S & S Catering as a vendor reported serving more than eight million meals through the food program. Based on their fraudulent claims, S & S Catering received more than $10 million in payment from these companies they purportedly served food to, and over $16 million in reimbursements from Feeding Our Future. Rather feed children during the pandemic, Nur misappropriated the funds for her own personal benefit, such as commercial real estate.

    Nur was one of eight defendants charged in a 23-count indictment in September 2022. On September 7, 2023, Nur pleaded guilty to one count of wire fraud and one count of money laundering. She was sentenced today in U.S. District Court by Judge Nancy E. Brasel.  In imposing sentence, Judge Brasel called the loss amount “staggering” and explained that “public trust in government programs has significant decreased” as a result of the defendant’s fraud.  Judge Brasel noted that it was “tragic” how the fraud scheme has damaged the reputation of Somali-American community.

    The case is the result of an investigation by the FBI, IRS – Criminal Investigations, and the U.S. Postal Inspection Service.

    Assistant U.S. Attorneys for the District of Minnesota Joseph H. Thompson, Harry M. Jacobs, Matthew S. Ebert, and Daniel W. Bobier prosecuted the case. Assistant U.S. Attorney Craig Baune is handling the seizure and forfeiture of assets.

    MIL Security OSI –

  • MIL-OSI USA: Rep. Fitzgerald Statement on the Passage of the One Big Beautiful Bill Act

    Source: United States House of Representatives – Congressman Scott Fitzgerald (WI-05)

    WASHINGTON, DC – Congressman Scott Fitzgerald (WI-05) issued the following statement in response to the passage of the House Republican budget bill, better known as the One Big Beautiful Bill Act.

    “This legislation is a victory for working Americans across the nation and delivers on our promise to bring tax relief, reduce government waste, and secure our border. It delivers the largest tax cut in American history—returns an average of $5,000 in annual take-home pay to hardworking Americans, makes the Trump Tax Cuts permanent, and increases the child tax credit. By eliminating taxes on tips and overtime pay, we’re ensuring that workers keep more of their hard-earned income.

    “The reconciliation bill also provides significant relief to seniors through a deduction of taxes on Social Security benefits. It protects America’s family farmers by preventing the death tax from impacting nearly two million farms—safeguarding generational livelihoods. 

    “It also strengthens Medicaid by rooting out waste, fraud, and abuse. It removes 1.4 million illegal aliens who are fraudulently receiving benefits—ensuring that Medicaid serves those who need it most: the disabled, children, pregnant women, and seniors. Additionally, by implementing work requirements for able-bodied, working-age adults, we are prioritizing policies that lift Americans out of poverty and promote self-sufficiency. Improving the federal funding formula ensures that states like Wisconsin, who took a responsible/conservative approach to funding Medicaid, are not unfairly treated, allowing BadgerCare to better serve the most vulnerable residents.

    “Recognizing that border security is national security, this bill fully funds the completion of President Trump’s border wall, increases the hiring of additional Border Patrol and ICE agents, and invests in large-scale deportation operations to remove illegal aliens and keep our communities safe.

    “By passing the One Big Beautiful Bill Act, we’re delivering on the promises made to the American people and putting President Trump’s America First agenda where it belongs—front and center.”

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    MIL OSI USA News –

  • MIL-OSI USA: Congressman Jonathan L. Jackson Condemns Republican Tax Scam Slashing Social SafetyNet, Harming Illinois Chicago Families; Introduces Amendments to Protect Constituents

    Source: United States House of Representatives – Representative Jonathan Jackson – Illinois (1st District)

    WASHINGTON – Today, Congressman Jonathan L. Jackson (IL-01) fiercely denounced the Republican budget proposals that prioritize massive tax giveaways for corporations and the wealthiest Americans, funded by devastating cuts to essential social safety net programs, including the Supplemental Nutrition Assistance Program (SNAP), Medicaid, and Medicare. These cuts would directly harm hundreds of thousands of residents in Illinois’ First Congressional District and the City of Chicago.

    “The Republican budget is a morally bankrupt document that seeks to balance the books on the backs of our most vulnerable citizens – our children, our seniors, and our working families. To propose a tax scam that lavishes benefits on the ultra-rich while snatching food from hungry mouths and denying essential healthcare to those in need is an outrage,” said Congressman Jonathan L. Jackson. “In the First District and across Chicago, these are not abstract numbers; these are our neighbors, our grandparents, and the children in our communities. I grew up understanding the importance of a strong community and a supportive safety net. Gutting SNAP, Medicaid, and Medicare is a direct assault on the well-being of the people I represent and a betrayal of our nation’s values. I will fight these catastrophic cuts every step of the way.”

    In a direct effort to shield his constituents and vulnerable Americans from the most damaging aspects of these proposals, Congressman Jackson introduced three amendments to the bill. Notably, his Amendment #31 sought to prevent Republicans from raising the age of work requirements to receive SNAP benefits, a change that would disproportionately harm older workers and those nearing retirement.

    The Republican budget outlines draconian cuts that would have severe consequences:

    • Slashing SNAP: The plan calls for a $300 billion cut to SNAP nationally, which would strip food assistance from millions.
      • Impact on IL-01 & Chicago: In Illinois’ First Congressional District, 139,900 households, representing 233,900 people, relied on SNAP as of March 2024. These families, including many children and seniors, would face increased hunger and hardship. Across Cook County, hundreds of thousands more depend on this vital program to put food on the table. Proposed changes, such as increasing work requirement ages, which Congressman Jackson fought against, would exacerbate this crisis.
    • Devastating Medicaid: Proposed cuts to Medicaid range from $715 billion to over $880 billion nationally, potentially forcing millions to lose their health coverage, including essential long-term care for seniors.
      • Impact on IL-01 & Chicago: As of October 2023, 321,000 individuals in the First District were enrolled in Medicaid. In Cook County, approximately 154,719 seniors (aged 60+) rely on Medicaid (May 2024 data), many for nursing home care and in-home support. These proposed cuts threaten their access to critical medical services.
    • Undermining Medicare: Republican tax plans could trigger automatic cuts to Medicare exceeding $500 billion nationally due to PAYGO rules, jeopardizing the healthcare security of seniors who have paid into this program their entire working lives.
      • Impact on IL-01 & Chicago: In Illinois’ First Congressional District alone, 120,682 residents are Medicare beneficiaries (December 2023). Across Cook County, 729,299 individuals rely on Medicare (May 2024). These cuts could mean higher out-of-pocket costs and reduced access to doctors and treatments for our seniors.

    These proposed cuts are not about fiscal responsibility; they are about funding tax breaks for the wealthiest 1% and large corporations at the expense of everyday Americans. Cutting these essential programs will lead to increased poverty, worse health outcomes, and greater economic instability for families in Chicago and across the country. 

    Congressman Jackson stands firmly against this Republican Tax Scam and calls on his colleagues to reject these cruel and counterproductive measures. He remains committed to protecting and strengthening the social safety net that provides a lifeline for so many, ensuring that every resident of the First District has the opportunity to live with dignity and security.
     

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    MIL OSI USA News –

  • MIL-OSI USA: Rep. Gabe Vasquez Opposes House Republican Bill That Slashes Health Care and Essential Services for New Mexicans

    Source: US Representative Gabe Vasquez’s (NM-02)

    WASHINGTON, D.C. – Today, U.S. Representative Gabe Vasquez (NM-02) voted against the House Republican reconciliation package, titled the “One Big Beautiful Bill Act,” citing its devastating impact on working families, rural communities, and public health in New Mexico. The bill imposes deep cuts to Medicaid, food assistance, and rural hospitals, while handing permanent tax breaks to billionaires and corporations.

    “This bill takes food and health care away from our families so the ultra-wealthy can get another tax cut,” said Vasquez. “In my district, it would rip away Medicaid from 29,000 people, slash food assistance for nearly 50,000 families, and put rural hospitals on the brink of closure. I came to Congress to fight for working people—not to help Elon Musk and his billionaire friends get richer.”

    The reconciliation package would:

    • Cut $698 billion from Medicaid, threatening care for over 35,000 New Mexicans.
    • Eliminate enhanced ACA tax credits, raising premiums and risking coverage loss for thousands.
    • Slash $267 billion from SNAP, cutting benefits for 120,000 New Mexicans—including 49,000 in NM-02—and costing New Mexico  $270 million.
    • Puts rural hospitals in New Mexico at risk of closure.
    • Add $3.8 trillion to the deficit while delivering 66% of tax breaks to the top 20% of earners.

    While Republicans push tax cuts that overwhelmingly favor the rich, Vasquez has introduced and supported legislation that puts working families first:

    • The Boost the Middle Class Act – Expands the Earned Income Tax Credit by 10% and indexes it to inflation, putting more money into the pockets of working families.
    • The Tax Relief from Tariffs and High Costs Act – Offers a fully refundable 10% tax credit to households making under $100,000 to offset rising prices.
    • The Honor and Hire Veterans Act – Increases tax incentives for businesses to hire veterans.

    As Congress debated the bill, Rep. Vasquez also fought for improvements, including his Honor Farmer Contracts Act to ensure USDA upholds contracts with farmers and the Affordable Insulin Now Act to cap insulin costs at $35/month for people with private insurance. However, Republicans blocked both amendments. 

    This vote underscores Rep. Vasquez’s commitment to protecting New Mexico’s working families, veterans, and rural communities. As House Republicans prioritize tax breaks for the wealthy at the expense of essential services, Vasquez continues to champion legislation that lowers costs, expands access to care, and delivers real relief to the people of southern New Mexico.

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    MIL OSI USA News –

  • MIL-OSI USA: Miller-Meeks Votes to Prevent Largest Tax Hike in American History

    Source: United States House of Representatives – Representative Mariannette Miller-Meeks’ (IA-02)

    Washington, D.C. — The House of Representatives has officially passed President Trump’s One Big, Beautiful Bill—historic legislation to secure the border, slash taxes, defend working Americans, and restore integrity to our institutions.

    Congresswoman Mariannette Miller-Meeks (IA-01), a 24-year Army veteran, physician, and former small business owner, issued the following statement:

    “Today, the House delivered a major victory for working Americans and the future of our country. By passing President Trump’s Big Beautiful Bill, we’re securing the border, removing illegal immigrants from Medicaid, and making the Tax Cuts and Jobs Act permanent—preventing the largest tax hike in American history,” said Dr. Miller-Meeks. “As a former small business owner and Army veteran, I know what’s at stake. This bill protects Iowa families, seniors, and small businesses while strengthening Medicaid for the vulnerable—not for those who can work and choose not to. I’m especially proud that my two bills to improve Medicaid integrity and expand access to pediatric care were included. Today’s vote is a win for Iowa and for every American who believes in work, responsibility, and a government that serves its people, not the other way around.”

    Key Wins in the One Big, Beautiful Bill:

    PREVENTS THE LARGEST TAX HIKE IN AMERICAN HISTORY:

    • Makes the Tax Cuts and Jobs Act permanent, preventing 106,800 Iowa families from a historic tax hike.
    • Stops a looming 20% tax hike on Iowa small businesses.
    • Ends federal taxes on tips and overtime pay.

    SECURES THE BORDER:

    • Finishes construction of the border fence.
    • Funds 10,000 new ICE agents and expands detention capacity.
    • Speeds up deportations of violent illegal aliens.

    PROTECTS MEDICAID FOR THOSE WHO NEED IT MOST:

    • Ends Medicaid for illegal immigrants and non-disabled adults who choose not to work.
    • Cracks down on billions in waste, fraud, and abuse.
    • Recommits Medicaid to children, pregnant women, seniors, veterans, and people with disabilities.

    Miller-Meeks Legislative Wins Included:

    The Medicaid Program Improvement Act:

    • Requires states to verify addresses & reduces enrollment errors.
    • Avoids duplicate and improper payments to insurance companies.
    • Ensures vulnerable Iowans don’t lose access to care.

    The Accelerating Kids’ Access to Care Act:

    • Streamlines approval for out-of-state pediatric specialists.
    • Speeds up treatment for children on Medicaid and CHIP.
    • Eliminates barriers that delay lifesaving care.

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    MIL OSI USA News –

  • MIL-OSI United Kingdom: Calls for Hub and Civil Service jobs

    Source: Scotland – City of Dundee

    Dundee City Council leader Cllr Mark Flynn has written to the UK Government asking for clarity on Dundee’s place in plans to relocate more than 50,000 Civil Service jobs outside of London by 2030.

    As part of the plans announced on 14th May 2025, a commitment was made by the UK Government to relocate thousands of civil service jobs to 13 towns and cities across the UK including new opportunities for Glasgow and Edinburgh as well as the creation of a new regional campus in Aberdeen, however Dundee does not feature.

    Council Leader Cllr Mark Flynn has written to Deputy Prime Minister and Secretary of State for Housing, Communities and Local Government the Rt Hon Angela Rayner to ask whether opportunities remain for the relocation of civil service jobs to Dundee as well as for the creation of an East Scotland UK Government Hub in the city centre as part of the plans.

    Council Leader Mark Flynn said: “We support the commitment to ensuring that more towns and cities benefit from civil service employment and in doing so play a key role in the delivery of a revitalised approach to regional policy and addressing economic disparities in cities like Dundee.

    “Over the past decade, the Dundee & Angus area has seen one of the lowest increases in civil service employment, with only a 14% increase, a stark contrast with Glasgow’s 80% growth and Edinburgh 41% rise.

    “Despite our efforts to position Dundee as a low-cost, high-quality location for Government agencies which has helped to attract Social Security Scotland’s headquarters in 2019, the city has faced significant setbacks with the closure of UK Government offices, such as HM Revenue and Customs.

    “Relocating civil service jobs to Dundee presents a highly cost-effective solution when considering the low cost of city office rents and the affordability of Dundee’s cost of living.

    “I have written to the Deputy Prime Minister and Secretary of State for Housing, Communities and Local Government to ask that consideration is given for the creation of a high-profile East Scotland UK Government Hub strategically located in Dundee’s city centre.

    “The creation of a prominent, centralised hub in Dundee would help attract further investment into the region, while enabling people from our city to support in UK Government decision-making processes.”

    Fair Work, Economic Growth & Infrastructure Convener Cllr Steven Rome added: “We have raised the matter with the UK Government at every available opportunity including through a meeting with the Secretary of State for Scotland The Rt Hon Ian Murray MP, at a previous visit to the city made by Parliamentary Under-Secretary of State (Building Safety, Fire and Local Growth) Alex Norris MP and when I recently wrote to Michael Shanks MP.

    “We would welcome the chance to discuss further how Dundee can contribute to the creation of a more balanced civil service presence across the UK.”

    MIL OSI United Kingdom –

  • MIL-OSI USA: Newhouse Votes to Restore Fiscal Sanity in the Federal Government

    Source: United States House of Representatives – Congressman Dan Newhouse (4th District of Washington)

    Headline: Newhouse Votes to Restore Fiscal Sanity in the Federal Government

    WASHINGTON, D.C. – Today, Rep. Dan Newhouse (WA-04) released the following statement upon passage of H.R. 1, the One, Big, Beautiful Bill Act. 

    “House Republicans have delivered on our commitment to permanently extend tax cuts for the middle class and small businesses while eliminating waste, fraud, and abuse within the federal government.  

    One of my top priorities throughout this process has been maintaining investments in nuclear energy to keep energy prices low throughout our region. Central Washington is home to a rich nuclear history, and I am proud to have led the fight to ensure our tax code allows for continued investments in our nuclear fleet, including the small modular reactor project in the Tri-Cities. 

    We have made real, common-sense reforms to strengthen the integrity of Medicaid, protecting the program for low-income families, seniors, and those with disabilities. By implementing work requirements for able bodied adults without dependents, and preventing those here illegally from accessing the program, we are protecting Medicaid for those who truly need it most. 

    As a Member of the House Agriculture Committee, I’m proud to support meaningful reforms to SNAP while investing in the farm safety net to deliver much needed assistance to rural America. This package more than doubles our trade promotion programs to allow Washington state agriculture exports to reach new markets around the globe.   

    This legislation supports families and businesses across Central Washington by delivering over $1.5 trillion in deficit reduction to get our fiscal house in order. There is still work to be done, and as this legislation moves to the Senate, I will continue to advocate for the people of Washington’s Fourth District, protect essential services for those who truly need them, and keep taxes low for the middle class and small businesses in our region.” 

    Background:  

    House Republicans passed a budget resolution in April with instructions for committees to produce legislation that provides tax relief for working families and small businesses, reins in reckless federal spending, unleashes energy dominance, and makes America safe again.

    The One Big Beautiful Bill Act delivers on those priorities in a fiscally responsible manner, with the final net deficit reduction number above $1.5 trillion, marking the largest deficit reduction in nearly 30 years. These savings will begin immediately, with $111.8 billion in net deficit reduction in the first year after enactment. The legislation: 

    Delivers an economy that is pro-growth, pro-worker, pro-family, and pro-business: 

    • Makes the 2017 tax cuts permanent, preventing the average taxpayer from seeing a 22% tax hike.
    • Removes taxes on tips, overtime pay, car loan interest, and provides additional tax relief for seniors.
    • Supports small businesses and Made-in-America investments through immediate 100 percent expensing, incentives for new manufacturing facilities, research and development immediate amortization, and interest expense deductions.

    Provides over $140 billion – the largest border security investment in history – to secure our borders and keep Americans safe: 

    • Allows for the completion of 701 miles of primary wall and construction of 900 miles of river barriers.
    • Funds at least one million annual removals, 10,000 new Immigration and Customs Enforcement personnel, and detention capacity sufficient to maintain an average daily population of at least 100,000 aliens.
    • Supports the hiring and training of 3,000 new Border Patrol agents, 5,000 new Office of Field Operations customs officers, and other urgently needed personnel.

    Restores integrity to the Supplemental Nutrition Assistance Program (SNAP) by requiring states to shoulder a share of the benefit costs, preventing states from manipulating SNAP eligibility and benefit calculations, and restoring SNAP work requirements for able-bodied adults without young dependents.

    Strengthens Medicaid for Americans who truly need it, while rooting out waste, fraud, and abuse: 

    • Establishes commonsense work requirements for able-bodied adults without dependents and stops new money laundering gimmicks like provider taxes and State Directed Payments.
    • Strengthens program integrity measures that protect Medicaid resources for the most vulnerable.
    • Closes loopholes that let illegal immigrants enroll in Medicaid and reduces funding to states that prioritize Medicaid coverage of illegal immigrants. 

    Unleashes American energy dominance, ensuring affordable energy for families and creating jobs across the country: 

    • Allows advanced nuclear facilities to utilize the Production Tax Credit (45Y) and Investment Tax Credit (48E) while phasing out the credits for wind and solar and maintains the Nuclear Production Tax Credit (45U) through 2028.
    • Reinstates quarterly onshore oil and gas lease sales and mandates at least 30 lease sales in the Gulf of America over the next 15 years and six in the Cook Inlet in south-central Alaska.
    • Resumes leasing for energy production in the National Petroleum Reserve in Alaska and the Arctic National Wildlife Refuge and coal leasing on federal lands.
    • Streamlines the permitting process for energy infrastructure.

    Makes major reforms to streamline student loan options, support student success, and save taxpayer money.

    Invests nearly $144 billion to modernize our military and strengthen national defense. 

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    MIL OSI USA News –

  • MIL-OSI USA: Rep. Frankel Votes NO on GOP Tax Scam

    Source: United States House of Representatives – Congresswoman Lois Frankel (FL-21)

    Washington, D.C. – Today, U.S. Representative Lois Frankel (FL-22) released the following statement after voting against the Republican tax scam.

    “The GOP Tax Scam kicks nearly 14 million people off their health care, including over 1.4 million in Florida, and takes food away from millions of Americans to give huge tax breaks to billionaires like Elon Musk,” said Rep. Frankel. “It’s cruel, reckless, morally indefensible, and balloons the national debt by more than $5 trillion. That’s why I voted no.”

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  • MIL-OSI USA: King Cosponsors Bill to Help Lower Drug Costs for Maine People

    US Senate News:

    Source: United States Senator for Maine Angus King
    WASHINGTON, D.C — U.S. Senator Angus King (I-ME) is cosponsoring legislation to expand Medicare’s ability to negotiate drug prices and lower the costs of prescription medication nationwide. The Strengthening Medicare and Reducing Taxpayer (SMART) Prices Act would also reduce federal spending by reaching lower-price agreements, and give the Department of Health and Human Services stronger tools to negotiate lower drug prices in Medicare Part B and Part D. 
    According to preliminary estimates from a model by West Health and Verdant Research, if the SMART Prices Act was enacted in 2026, it would save 33 percent more by 2030 than current law. It would also allow Medicare to begin negotiations earlier and bring down the price of more expensive drugs. 
    “Lifesaving prescription medications shouldn’t break the bank,” said Senator King. “Expanding Medicare’s ability to negotiate drug prices will go a long way toward helping Maine people get the medication they need at a price they can afford. The SMART Prices Act is a commonsense step that will help Maine people save money and stay healthy, and I thank my colleagues for putting Maine people first.”
    In addition to Senator King, this legislation is cosponsored by Senators Amy Klobuchar (D-MN), Peter Welch (D-VT), Tammy Baldwin (D-WI), Michael Bennet (D-CO), Richard Blumenthal (D-CT), Cory Booker (D-NJ), Maria Cantwell (D-WA), Catherine Cortez Masto (D-NV), Tammy Duckworth (D-IL), Dick Durbin (D-IL), John Fetterman (D-PA), Kirsten Gillibrand (D-NY), Maggie Hassan (D-NH), Martin Heinrich (D-NM), Ben Ray Luján, Ed Markey (D-MA), Jeff Merkley (D-OR), Chris Murphy (D-CT), Patty Murray (D-WA), Jack Reed (D-RI), Jeanne Shaheen (D-NH), Elissa Slotkin (D-MI), Tina Smith (D-MN), Chris Van Hollen (D-MD), Elizabeth Warren (D-MA), and Sheldon Whitehouse (D-RI).
    Senator King has been a leader in working to reduce prescription drug costs throughout his time in the United States Senate. He also recently cosponsored bipartisan legislation which would require price disclosures on advertisements for prescription drugs in order to inform patients who are considering certain medications after seeing television commercials. He previously introduced legislation to prohibit pharmaceutical drug manufacturers from claiming tax deductions for consumer advertising expenses. Most recently, Senator King cosponsored the Safe and Affordable Drugs From Canada Act would give Maine people the ability to purchase their prescriptions directly from pharmacies across the northern border at the market rate of a less expensive marketplace. Additionally, Senator King introduced the Responsibility in Drug Advertising Act, which would prohibit direct-to-consumer (DTC) advertising of a new drug in the first three years after the drug receives Federal Drug Administration (FDA) approval.
    He has also supported a number of commonsense bills to drive down the costs of prescription medication in the United States including the historic Inflation Reduction Act. Thanks to the Inflation Reduction Act, insulin fees are capped at $35 per month, Medicare is able to negotiate drug prices, and a $2,000 yearly cap on out-of-pocket expenses has been instituted for Medicare recipients.

    MIL OSI USA News –

  • MIL-OSI USA: Hageman Votes for the One Big Beautiful Bill Act

    Source: United States House of Representatives – Wyoming Congresswoman Harriet Hageman

    Washington, D.C. – Today, Representative Hageman voted for, and the House passed, the One Big Beautiful Bill Act. This bill fulfills the mandate issued by the American people in November and delivers on President Trump’s agenda by cutting taxes, securing the border, and unleashing American energy. 

    “In November, commonsense was restored and the American people spoke with a clear voice – unleash American energy, secure the southern border, and restore the economy. Today, the House passed legislation to deliver on President Trump’s promise. I worked diligently to ensure Wyoming’s voice was reflected in this historic legislation, including: unleashing our coal industry, accessing more of our oil and gas, increasing timber production, repealing IRA green spending, eliminating costly Biden regulations, rescinding the taxation, regulation and registration of suppressors, and more,” stated Rep. Hageman. “We also voted to prevent tax hikes on Wyomingites and our businesses, provided the resources needed to secure our border and stop the flow of illegal immigrants and deadly drugs into our country, and enacted critical spending reforms.” 

    Background 

    Budget reconciliation allows for expedited consideration of certain tax, spending, and debt limit legislation and is the primary opportunity for this Republican majority to deliver for the American people. Key provisions of the bill which raise revenue and achieve budgetary savings include: 

    – Enacts $1.6 trillion in mandatory savings 

    – Ends the coal moratorium, reduces coal royalty rates, and mandates the Secretary of Interior to lease federal coal resources 

    – Resumes quarterly oil and gas leases, reversing Biden’s anti-energy policies 

    – Requires BLM and USFS to increase timber production by 25% and to offer a certain number of 20-year contracts to better manage our forests 

    – Establishes a fee structure for aliens who seek to file immigration-related applications and processes, ensuring the cost of immigration benefits are not subsidized by American taxpayers 

    – Provides funding for at least one million annual removals, 10,000 new Immigration and Customs Enforcement personnel, and detention capacity sufficient to maintain an average daily population of at least 100,000 aliens 

    – Builds 701 miles of the border wall 

    – Permanently extends of the 2017 Trump tax cuts, avoiding a 24% tax hike 

    – Eliminates waste, fraud, and abuse in Medicaid through work requirements and tightening eligibility, helping remove 1.4 million illegal aliens from the program 

    – Increases Medicaid State Directed Payments for states like Wyoming that have not expanded Medicaid 

    – Repeals and rescinds Inflation Reduction Act climate change spending programs 

    – Funds President Trump’s Golden Dome missile defense of our country 

    – Ends blue state use of Medicaid to provide healthcare to illegal aliens 

    – Increases the Death Tax exemption and makes such changes permanent 

    – Eliminates funding for Planned Parenthood 

    – Prohibits Medicaid from funding transgender surgeries for minors and adults  

    – Makes permanent the doubled child tax credit and closes loopholes allowing illegal aliens to receive the credit 

    – Imposes a registration fee on electric vehicles and hybrid cars to deposit into the Highway Trust Fund to create parity with gas powered cars 

    MIL OSI USA News –

  • MIL-OSI USA: Congressman Bean Votes to Deliver Relief and Prosperity for Hardworking Americans

    Source: United States House of Representatives – Representative Aaron Bean Florida (4th District)

    WASHINGTON—U.S. Congressman Aaron Bean spoke on the House floor early this morning in support of the One Big Beautiful Bill, landmark legislation that would provide tax relief for American families and businesses.

    Congressman Bean: Mr. Speaker, it’s a scary time to be a taxpayer in the United States or those that own a small business. Both are facing a tsunami of tax increases, the largest in U.S. history.

    But Mr. Speaker, I’ve got good news…help is on the way! The One Big Beautiful Bill is real tax relief for real Americans. It’s for those that are paid in tips, hourly workers that are working overtime, for families, and seniors who have been struggling under the weight of inflation. And it is for the 91% of Americans who use the standard deduction. The bill expands the Child Tax Credit, it secures our border, enhances education and health savings options, it unleashes American energy, it will encourage production on U.S. soil. Made In America will mean something once more.

    So, buckle up America, and put your seat in the upright position because with the passage of this bill, the Golden Age of America is ready for takeoff. I yield back. 

    Congressman Bean’s floor speech may be found here.

    BACKGROUND

    Several of Congressman Bean’s bills were included in the tax relief package: 

    Puts American families in control of their health care: The bill expands upon Congressman Bean’s Flexible Savings Arrangements for Healthy Robust America (FSA-HRA) Act, to give Americans the flexibility to plan, save, and take charge of health care decisions for their families. 

    Cutting wasteful spending: The bill incorporates several key provisions included in Congressman Bean’s Cutting Unobligated Tumultuous Spending Act to slash wasteful Green New Deal initiatives and claw back unspent Covid funds, saving tens of billions of dollars.

    Work Requirements for Medicaid: The bill includes H.R. 1279, authored by Congressman Bean, to reform work requirements for able-bodied adults. The requirements apply to adults receiving Medicaid benefits who are not in school and have no dependents. 

    For an overview of the One Big Beautiful Bill, click here. 

    The bill passed 215 to 214.

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Congressman Valadao Releases Statement on Passage of the House Version of Reconciliation Bill

    Source: United States House of Representatives – Congressman David G. Valadao (California)

    WASHINGTON – Today, Congressman David Valadao (CA-22) released the following statement on passage of the House version of the reconciliation bill.

    “From the very beginning, I was clear with House Leadership: I would not support a final reconciliation bill that included any reduction in Medicaid coverage for our most vulnerable populations—children, seniors, individuals with disabilities, and pregnant women,” said Congressman Valadao. “After months of meetings with my constituents, Central Valley healthcare providers, and my congressional colleagues, I successfully preserved the integrity of the program and prevented proposals that would disproportionately impact California. This bill honors my commitment to protect Medicaid for our most vulnerable populations, while implementing commonsense reforms to strengthen the program. As this process moves forward, my priorities remain the same, and I am committed to working closely with my colleagues in the Senate to ensure critical programs like Medicaid and SNAP are protected for those who need them most.”

    Congressman Valadao continues, “The House version of this bill also blocks the largest tax hike in American history and delivers meaningful tax relief for working families and seniors here in the Central Valley. More than 90 percent of my constituents rely on the standard deduction, and this legislation preserves the provisions that doubled it. It also expands the Child Tax Credit, eliminates taxes on tips and on overtime, and enhances deductions for seniors. These are real wins that will put more money back in the pockets of hardworking Central Valley families.”

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Bice on the Passage of One Big Beautiful Bill

    Source: United States House of Representatives – Congresswoman Stephanie Bice (OK-05)

    Washington, D.C. – Today, Congresswoman Bice voted in favor of the One Big Beautiful Bill, legislation which helps unleash American energy, provides tax cuts to Oklahoman families and businesses, and helps President Trump fully secure our border, and safeguard our country. This legislation, which is being considered as part of reconciliation, now heads to the Senate for consideration.  

    Congresswoman Bice issued the following statement:  

    “The One Big Beautiful Bill is an opportunity to extend tax relief for Oklahomans, preventing them from facing a nearly $1200 tax hike next year. This legislation supports families, finishes President Trump’s border wall, and provides additional resources to further secure and safeguard our nation. While this process has been long, I appreciate all the thoughtful debate and will continue engaging with my colleagues as we move forward.” 

    The legislation will:  

    Keep the Border Secure- Make the largest investment in border security in a generation; finish the border wall; and give our border patrol agents and immigration enforcement agencies the resources they need to detain and deport illegal aliens.   

    Grow Our Economy & Cut Taxes- Prevent the largest tax increase in American history; eliminate taxes on tips and overtime; provide tax relief for seniors, job creators, small businesses, and farmers 

    Make Our Government More Efficient- Reduce the size and scope of government; root out waste, fraud, and abuse; bring bloated and inefficient programs back to their initial intent; and enact historic savings to put our nation on a sound fiscal trajectory  

    Restore America’s Energy Dominance- Empower American energy producers; dismantle burdensome Green New Deal regulations; reform the permitting process; and boost our energy security 

    MIL OSI USA News –

  • MIL-OSI USA: ICE, Europol, law enforcement partners, dismantle major illicit drug networks in global Darknet crackdown

    Source: US Immigration and Customs Enforcement

    WASHINGTON — U.S. Immigration and Customs Enforcement, in collaboration with Europol, the Joint Criminal Opioid and Darknet Enforcement Team, and various national and international partners, announced the results of Operation RapTOR May 22. This historic takedown, led by Europol, resulted in the highest number of seizures in JCODE’s history.

    The seizures, to which ICE Homeland Security Investigations significantly contributed, include more than $200 million in currency and digital assets, over two metric tons of drugs, comprised of 144 kilograms of fentanyl or fentanyl-laced narcotics, and over 180 firearms. In addition, the United States and international law enforcement partners made 270 arrests of dark web vendors, buyers, and administrators in Austria, Brazil, France, Germany, Netherlands, South Korea, Spain, Switzerland, United Kingdom, and the United States.

    Led by Europol’s European Cyber Crime Centre Operation RapTOR united the FBI-led JCODE team — comprised of ICE HSI and law enforcement partners from the United States, Europe, South America, and Asia — to disrupt fentanyl and opioid trafficking, as well as sale of other illicit goods and services on the Darknet. Building on the successes of prior years’ operations, Operation RapTOR furthered global efforts to dismantle darknet marketplaces, resulting in the seizure of darknet infrastructure from Nemesis, Tor2Door, Bohemia, and Kingdom Markets. These actions provided investigators across the globe with invaluable leads and evidence, strengthening the ongoing fight against cybercrime and illicit activities on the darknet.

    “This record-breaking operation sends a clear message to every trafficker hiding behind a screen — your anonymity ends where our global reach begins,” said ICE acting Director Todd Lyons. “Thanks to the unwavering efforts by ICE HSI, Europol and our international partners, we’re cracking the code of the so-called ‘safe spaces’ for cybercriminals — they are in our sights and we’re not backing down.”

    The Head of Europol’s European Cybercrime Centre, Edvardas Šileris, commented: “Operation RapTor shows that the dark web is not beyond the reach of law enforcement. Through close cooperation and intelligence sharing, officers across three continents identified and arrested suspects, sending a clear message to those who think they can hide in the shadows. Europol will continue working with our partners to make the internet safer for everyone.”

    In furtherance of Operation RapTOR and in their first action as a JCODE member agency, the Office of Foreign Assets Control (OFAC) additionally sanctioned Behrouz Parsarad, an Iranian national, for his role as the founder and operator of Nemesis Market following seizure of the market.

    “This historic international seizure of firearms, deadly drugs, and illegal funds will save lives,” said Attorney General Pam Bondi. “Criminals cannot hide behind computer screens or seek refuge on the dark web — this Justice Department will identify and eliminate threats to the American people regardless of where they originate.”

    “By cowardly hiding online, these traffickers have wreaked havoc across our country and directly fueled the fentanyl crisis and gun violence impacting our American communities and neighborhoods. But the ease and accessibility of their crimes ends today,” said FBI Director Kash Patel. “The FBI could not do this work without our partners both at home and abroad, and the staggering success of this year’s record-breaking amount of fentanyl, guns, and drugs seized prove that our efforts are working. Anyone looking to anonymously harm our citizens through illicit darknet trafficking: your days of recklessness are numbered.”

    “These predators who peddled poison on the dark web might have thought they are untouchable — hiding behind screens, pushing fentanyl, fueling overdoses, and cashing in on misery. However, Operation RapTor just proved them wrong,” said DEA acting Administrator Robert Murphy. “DEA and our global partners reached across borders, across platforms, and across currencies to rip their networks apart. Let this stand as a warning: no mask, no marketplace, and no digital wallet can hide you from facing justice.”

    “This unprecedented operation is a testament to the power of global partnership and the unwavering dedication of our team,” said Chief Guy Ficco of IRS Criminal Investigation (IRS-CI). “Working through the JCODE initiative, IRS Criminal Investigation and our international partners led the largest and most impactful takedown to date — seizing over $200 million in assets, removing deadly drugs and weapons from circulation, and holding more than 270 individuals accountable. This critical strike against dark web networks fueling the fentanyl crisis marks a proud moment in our ongoing effort to protect communities worldwide.”

    “Operation RapTor shows what’s possible when the U.S. Postal Inspection Service and our partners around the world stand united. No matter where criminals hide, we will find them, dismantle their operations, and bring them to justice. This operation was about protecting innocent people from predatory criminals who profit from violence, addiction, and fear. Our commitment is unwavering,” said Chief Postal Inspector Gary Barksdale, United States Postal Inspection Service.

    “The FDA is committed to continuing its work to disrupt and dismantle the illegal sales of drugs on the dark web, where such sales far too often have tragic consequences,” said Chad Menster, Deputy Director of the Food and Drug Administration’s Office of Criminal Investigations (FDA OCI). “We will continue to monitor, investigate and bring to justice those who misuse the internet in a quest for profits with reckless disregard for the risk to public health and safety.”  

    The impact of Operation RapTOR builds on years-long legacy of dark web enforcement and the tireless work of HSI and our U.S. and international law enforcement partners, as seen in the following cases:

    • “Incognito Market” Owner Pleads Guilty For Operating One Of The Largest Illegal Narcotics Marketplaces On The Internet
      • Incognito Market sold more than $100 million of narcotics — including hundreds of kilograms of cocaine and methamphetamine as well as heroin, cocaine, LSD, MDMA, oxycodone, methamphetamine, ketamine, and alprazolam, and misbranded prescription medication. Incognito Market was available globally to anyone with internet access and was designed to foster seamless narcotics transactions across the world. It incorporated many features of legitimate e-commerce sites such as branding, advertising, and customer service. While concealing their identities users were able to search thousands of listings for narcotics of their choice. Prescription medication was also listed that was advertised as being authentic but was not, as seen in November 2023, when an undercover federal agent purchased and received several tablets that purported to be oxycodone, but were in fact, fentanyl pills.
    • Central District of California | Two Southern California Men Who Supplied Fentanyl Sold to Darknet Customers in All 50 States Sentenced to Federal Prison | United States Department of Justice
      • Ruiz of Orange County was sentenced to over 17 years in federal prison, and Omar Navia of South Los Angeles was separately sentenced to 15 years in federal prison in January 2025 for supplying fentanyl-laced pills to a drug trafficking ring that sold these drugs to more than 1,000 customers nationwide via the Darknet Navia and Ruiz admitted that at least August 2021 to December 2022, they supplied fentanyl-laced pills to Michael Ta, 26, of Westminster, and Rajiv Srinivasan, 38, of Houston, who used the Darknet and encrypted messaging applications to sell more than 120,000 fentanyl-laced pills, 20 pounds of methamphetamine, and other drugs directly to more than 1,000 customers in all 50 states, causing several fatal overdoses in the process.
    • In February 2024, the Eastern District of Virginia issued a criminal complaint charging Joshua Vasquez, Joseph Vasquez, and Rafael Roman with conspiracy to distribute 500 grams or more of methamphetamine.
      • Joshua Vasquez, Joseph Vasquez, and Rafael Roman conspired to sell counterfeit Adderall containing methamphetamine on darknet markets such as Bohemia and Tor2Door. The defendants allegedly sold drugs on darknet marketplaces in exchange for cryptocurrency. Collectively, these prolific darknet vendors were responsible fulfilling over 13 thousand drug orders shipped throughout the United States, ranging in size from user quantities, e.g., 5 pills, to “reseller” quantities, e.g., 10 thousand pills. While executing search warrants in New Jersey and New York, Federal Law Enforcement officers seized more than $330 thousand, close to 80 thousand counterfeit Adderall pills, one firearm, and two industrial pill press machines. FBI, FDA, and USPIS investigated this matter with significant contributions from HSI and our law enforcement partners.
    • Van Nuys Man Sentenced to More Than 20 Years in Prison for Trafficking Fentanyl and Cocaine via Darknet Marketplaces and Possessing Guns
      • A San Fernando Valley man was sentenced to 20 plus years in federal prison for using darknet marketplaces to sell hundreds of thousands of dollars’ worth of fentanyl-laced pills and cocaine to buyers nationwide. He admitted in court documents to causing one fatal fentanyl overdose. From at least April 2021 to May 2023, McDonald and others conspired to sell fentanyl and cocaine via multiple darknet marketplaces. Specifically, McDonald purchased bulk quantities of fentanyl and cocaine and then directed the activities of other coconspirators to carry out hundreds of drug sales involving the distribution of large quantities of both fentanyl and cocaine, including hundreds of thousands of fentanyl-laced pills. The FBI and the DEA investigated this matter as part of JCODE.

    “Cybercriminals think the Darknet makes them untouchable — we just proved they’re dead wrong,” said ICE HSI acting Executive Associate Director Robert Hammer. “HSI is on the front lines of a digital battlefield, deploying cutting-edge tech, relentless enforcement, and global coordination to hunt down these predators. Cybercrime is a global threat, and that’s why we’re committed to working hand-in-hand with our partners at Europol and across the world to dismantle these networks together. If you profit from pain online, we’re looking for you — and you’ll soon learn that no corner of the internet is beyond our reach.”

    Operation RapTOR includes law enforcement actions taken by JCODE member agencies, to include ICE HSI; the DEA; FBI; FDA-OCI; IRS-CI; and USPIS; in addition to foreign partners listed below. Credible reporting from the referenced agencies, in addition to contributions from ATF; Army CID; CBP; Department of Treasury’s FinCEN and Office of Foreign Assets Control; and NCIS enabled domestic law enforcement actions in support of Operation RapTOR. Local, state, and other federal agencies also contributed to investigations through task force participation and regional partnerships. The investigations leading to Operation RapTOR were significantly aided by support and coordination from the Justice Department Criminal Division’s Narcotic and Dangerous Drug Section and Computer Crime and Intellectual Property Section, with additional support from the Organized Crime Drug Enforcement Task Forces; multi-agency Special Operations Division; Money Laundering and Asset Recovery Section’s Digital Currency Initiative, and Fraud Section; the Justice Department’s Office of International Affairs; Europol and its Dark Web team; and international partners.

    The international partners include Europol; Eurojust; Austria’s Criminal Intelligence Service with various Provincial Criminal Police Departments (Bundeskriminalamt und Landeskriminalämter); Brazil’s Civil Police of the State of Pará (Polícia Civil do Estado do Pará) and Civil Police of the State of São Paulo (Polícia Civil do Estado do São Paulo); France’s French Customs (Douane), National Gendarmerie (Gendarmerie Nationale); Germany‘s Federal Criminal Police Office (Bundeskriminalamt), Prosecutor’s Office in Cologne – Central Cybercrime Contact Point (Staatsanwaltschaft Köln, Zentral- und Ansprechstelle Cybercrime), Central Criminal Investigation in Oldenburg (Zentrale Kriminalinspektion Oldenburg) various police departments (Dienststellen der Länderpolizeien), German Customs Investigation (Zollfahndungsämter); The Netherlands’s National Police (Politie), Post Interventie Team; Spain’s National Police (Policía Nacional); South Korea’s Seoul Central District Prosecutors’ Office – Darknet Investigations Unit; Switzerland’s Zurich Cantonal Police (Kantonspolizei Zürich) and Public Prosecutor’s Office II of the Canton of Zurich (Staatsanwaltschaft II); and the United Kingdom’s National Crime Agency, National Police Chiefs’ Council.

    HSI is a worldwide law enforcement leader in Darknet and other cyber-related criminal investigations. The DHS Cyber Crimes Center (C3) combats cybercrime, online child sexual exploitation, and criminal exploitation of the internet with state-of-the-art forensic technology. The Center investigates large-scale cybercrime threats and provides expertise on cybercrime investigations to the field. It also uses global law enforcement networks, like Europol, to combat cybercrime threats.

    C3 delivers computer and cyber-based technical services in support of HSI cases — including investigations into underground online marketplaces selling illegal drugs, weapons and other contraband; enabling the trade of images of child exploitation materials; and facilitating the theft of intellectual property, trade secrets, and export-controlled technology and data.

    Individuals across the world can report suspicious criminal activity to the ICE Tip Line 24 hours a day, seven days a week at 866-DHS-2-ICE. Highly trained specialists take reports from both the public and law enforcement agencies on more than 400 laws enforced by ICE.

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

    MIL OSI USA News –

  • MIL-OSI USA: Law Enforcement Seize Record Amounts of Illegal Drugs, Firearms, and Drug Trafficking Proceeds in International Operation Against Darknet Trafficking of Fentanyl and Opioids; 270 Arrested Across Four Continents

    Source: US State Government of Utah

    WASHINGTON — Today, the Attorney General and the Department of Justice’s Joint Criminal Opioid and Darknet Enforcement (JCODE) team, and international law enforcement partners announced the results of Operation RapTor, including the arrests of 270 dark web vendors, buyers, and administrators in Austria, Brazil, France, Germany, the Netherlands, South Korea, Spain, Switzerland, the United Kingdom, and the United States. Operation RapTor resulted in the highest number of seizures of any JCODE operation, including more than $200 million in currency and digital assets, over two metric tons of drugs, 144 kilograms of fentanyl or fentanyl-laced narcotics, and over 180 firearms.

    Operation RapTor was a global, coordinated effort by law enforcement in the United States, Europe, South America, and Asia to disrupt fentanyl and opioid trafficking, as well as the sales of other illicit goods and services, on the darknet, or dark web. Operation RapTor builds on the successes of prior years’ operations and takedowns of marketplaces, which resulted in the seizure of darknet infrastructure from Nemesis, Tor2Door, Bohemia, and Kingdom Markets, providing investigators across the world with investigative leads and evidence. JCODE and Europol’s European Cybercrime Centre (EC3) continue to compile intelligence packages to identify entities of interest. These leads allow U.S. and international law enforcement agencies to identify darknet drug vendors and buyers, resulting in a series of coordinated, but separate, law enforcement investigations, reflected in the statistics announced today. In furtherance of Operation RapTor and in its first action as a JCODE member agency, the Office of Foreign Assets Control (OFAC) additionally sanctioned Iranian national Behrouz Parsarad for his role as the founder and operator of Nemesis Market following seizure of the market. Parsarad was also indicted by a federal grand jury on drug trafficking charges related to the illegal business he ran on the dark web.

    “This historic international seizure of firearms, deadly drugs, and illegal funds will save lives,” said Attorney General Pam Bondi. “Criminals cannot hide behind computer screens or seek refuge on the dark web – this Justice Department will identify and eliminate threats to the American people regardless of where they originate.”

    “By cowardly hiding online, these traffickers have wreaked havoc across our country and directly fueled the fentanyl crisis and gun violence impacting our American communities and neighborhoods. But the ease and accessibility of their crimes ends today,” said FBI Director Kash Patel. “The FBI could not do this work without our partners both at home and abroad, and the staggering success of this year’s record-breaking amount of fentanyl, guns, and drugs seized prove that our efforts are working. Anyone looking to anonymously harm our citizens through illicit darknet trafficking: your days of recklessness are numbered.”

    “These predators who peddled poison on the dark web might have thought they are untouchable — hiding behind screens, pushing fentanyl, fueling overdoses, and cashing in on misery. However, Operation RapTor just proved them wrong,” said DEA Acting Administrator Robert Murphy. “DEA and our global partners reached across borders, across platforms, and across currencies to rip their networks apart. Let this stand as a warning: no mask, no marketplace, and no digital wallet can hide you from facing justice.”

    “Operation RapTor shows that the dark web is not beyond the reach of law enforcement,” said Head of Europol’s European Cybercrime Centre, Edvardas Šileris. “Through close cooperation and intelligence sharing, officers across three continents identified and arrested suspects, sending a clear message to those who think they can hide in the shadows. Europol will continue working with our partners to make the internet safer for everyone.”

    “This unprecedented operation is a testament to the power of global partnership and the unwavering dedication of our team,” said Chief Guy Ficco of IRS Criminal Investigation (IRS-CI). “Working through the JCODE initiative, IRS Criminal Investigation and our international partners led the largest and most impactful takedown to date—seizing over $200 million in assets, removing deadly drugs and weapons from circulation, and holding more than 270 individuals accountable. This critical strike against dark web networks fueling the fentanyl crisis marks a proud moment in our ongoing effort to protect communities worldwide.”

    “This record-breaking operation sends a clear message to every trafficker hiding behind a screen—your anonymity ends where our global reach begins,” said Acting Director Todd Lyons of U.S. Immigration and Customs Enforcement (ICE). “Thanks to the unwavering efforts by ICE’s Homeland Security Investigations (HSI), Europol and our international partners, we’re cracking the code of the so-called ‘safe spaces’ for cybercriminals—they are in our sights and we’re not backing down.”

    “Operation RapTor shows what’s possible when the U.S. Postal Inspection Service and our partners around the world stand united,” said Chief Postal Inspector Gary Barksdale of the United States Postal Inspection Service. “No matter where criminals hide, we will find them, dismantle their operations, and bring them to justice. This operation was about protecting innocent people from predatory criminals who profit from violence, addiction, and fear. Our commitment is unwavering.”

    “The FDA is committed to continuing its work to disrupt and dismantle the illegal sales of drugs on the dark web, where such sales far too often have tragic consequences,” said Deputy Director Chad Menster of the Food and Drug Administration’s Office of Criminal Investigations (FDA OCI). “We will continue to monitor, investigate and bring to justice those who misuse the internet in a quest for profits with reckless disregard for the risk to public health and safety.”  

    The impact of Operation RapTor can be attributed to the tireless work of U.S. and international law enforcement partners. For example:

    On Dec. 16, 2024, Rui-Siang Lin pleaded guilty to charges brought by the U.S. Attorney’s Office for the Southern District of New York of narcotics conspiracy, money laundering, and conspiracy to sell adulterated and misbranded medication for owning and operating Incognito Market, one of the largest narcotics marketplaces on the internet.

    According to court documents and statements made in court, Incognito Market was an online narcotics bazaar that started on the dark web in October 2020. Until it shut down in March 2024, Incognito Market sold more than $100 million of narcotics—including hundreds of kilograms of cocaine and methamphetamine. Incognito Market was available globally to anyone with internet access using the Tor web browser on the “dark web” or “darknet.” Incognito Market was designed to facilitate seamless narcotics transactions, incorporating many features of legitimate e-commerce sites such as branding, advertising, and customer service. Upon visiting the site, users were met by a splash page and graphic interface, which is pictured below:

    Figure 1: Incognito Market homepage

    While concealing their identities with a unique username or “moniker,” users were able to search thousands of listings for narcotics of their choice. Incognito Market sold illegal narcotics including heroin, cocaine, LSD, MDMA, oxycodone, methamphetamine, ketamine, and alprazolam, as well as misbranded prescription medication. An example of listings on Incognito market is below:

    Figure 2: Listings for various drugs on the Incognito Market.

    Listings included offerings of prescription medication that was falsely advertised as being authentic. For example, in November 2023, while operating in an undercover capacity on Incognito Market, a law enforcement agent purchased and received several tablets purported to be oxycodone. Testing revealed that these tablets were not oxycodone and were, in fact, fentanyl pills.

    The FBI, HSI, DEA, FDA OCI, and the New York Police Department investigated the case.

    In a second example, in January 2025, the U.S. Attorney’s Office for the Central District of California secured a 17-year sentence for Adan Ruiz, of Orange County, and a 15-year sentence for Omar Navia, of Los Angeles, for supplying fentanyl-laced pills to a drug trafficking ring that sold these drugs to more than 1,000 customers nationwide via the darknet. In imposing the sentences, U.S. District Judge David O. Carter called this case “the most sophisticated fentanyl distribution ring that this court has seen.”

    Navia and Ruiz admitted in their plea agreements that, from at least August 2021 to December 2022, they supplied fentanyl-laced pills to Michael Ta, 26, of Westminster, and Rajiv Srinivasan, 38, of Houston, who used the darknet and encrypted messaging applications to sell more than 120,000 fentanyl-laced pills, 20 pounds of methamphetamine, and other drugs directly to more than 1,000 customers in all 50 states, causing several fatal overdoses.

    According to court documents and statements made in court, Srinivasan and Ta used the “redlightlabs” darknet account to advertise and sell counterfeit M30 oxycodone pills containing fentanyl and other illicit drugs. Srinivasan also used the encrypted messaging application Wickr to communicate with and sell drugs to customers. Srinivasan received virtual currency as payment for the drugs and then routed that virtual currency through cryptocurrency exchanges.

    The court record also shows that Ta communicated with Srinivasan about drug orders, obtained fentanyl-laced pills and methamphetamine from sources of supply, stored those drugs in his residence, and mailed out packages with drugs to customers who had ordered them from Srinivasan on the “redlightlabs” account.

    Ta and Srinivasan admitted in their plea agreements to causing the fentanyl overdose deaths of three victims. Both defendants further admitted to distributing fentanyl-laced pills to two additional victims, both of whom suffered fatal drug overdoses shortly after they received the pills from Ta and Srinivasan. Prosecutors wrote in a sentencing memorandum, “The five victims of defendants’ crimes ranged in age from 19 to 51. They lived across the country, from California to Florida, Colorado to Arkansas. Each of the five victims leaves behind a family that has been forever and fundamentally changed by defendants’ actions. [Ta and Srinivasan] also victimized countless others as part of an epidemic of addiction and despair plaguing our district and our country.”

    The FBI investigated this case, with substantial assistance from the U.S. Postal Inspection Service (USPIS), the DEA’s Fayetteville Resident Office, and the Northern Colorado Drug Task Force.

    In a third example, in February 2024, the U.S. Attorney’s Office for the Eastern District of Virginia charged Joshua Vasquez, Joseph Vasquez, and Rafael Roman by criminal complaint with conspiracy to distribute 500 grams or more of methamphetamine. Joshua Vasquez, Joseph Vasquez, and Roman conspired to sell counterfeit Adderall containing methamphetamine on darknet markets such as Bohemia and Tor2Door. The defendants allegedly sold drugs on darknet marketplaces in exchange for cryptocurrency under the monikers “NuveoDelux,” “Mrjohnson,” and “AllStateRx.”

    According to court documents and statements made in court, these three prolific darknet vendors were collectively responsible for fulfilling over 13,000 drug orders shipped throughout the United States, ranging in size from user quantities, e.g., 5 pills, to “reseller” quantities, e.g., 10,000 pills. Joshua and Joseph Vasquez collectively ran the NuveoDeluxe and AllStateRx accounts. A fourth co-conspirator, Gregory Castillo-Rosario, who was arrested in October 2024, ran the Mrjohnson account. Roman assisted his co-conspirators by pressing counterfeit Adderall pills, packaging them, and distributing drug orders into the mail using the U.S. Postal Service. The conspiracy also laundered funds associated with darknet drug proceeds.

    While executing search warrants in New Jersey and New York, federal law enforcement officers seized more than $330,000, close to 80,000 counterfeit Adderall pills, one firearm, and two industrial pill press machines. Additionally, two vehicles and several pieces of property were seized during the search warrants. An additional 30 kilograms of suspected counterfeit Adderall pills were seized on May 2, 2024, in New York. Photographs of some of the seized items are below: 

    Figure 3: Counterfeit Adderall pills laced with methamphetamine stored in 5-gallon buckets

    Figure 4: Bags ready to be shipped to customers nationwide.

    Figure 5: Illegal pill press machines used by drug traffickers to make counterfeit pharmaceutical pills.

    Figure 6: Trash bags full of counterfeit Adderall pills laced with methamphetamine.

    Joshua Vasquez pleaded guilty on April 24, 2024, and was sentenced on July 25, 2024, to 12 years in prison. Joseph Vasquez pleaded guilty on April 15, 2024, and was sentenced on Aug. 8, 2024, to 10 years in prison. Roman pleaded guilty on May 30, 2024, and was sentenced on Nov. 14, 2024, to 10 years in prison. They all pleaded guilty to conspiracy to create a counterfeit substance and distribute 500 grams or more of a mixture and substance containing methamphetamine.

    The FBI, FDA, and USPIS investigated this matter with significant contributions from DEA, HSI, the Ocean County Sheriff’s Office, the Howell Township Police Department, the Lakewood Township Police Department, the Orlando Police Department, the Orange County Sheriff’s Office, the Arlington County Police Department, and the New York Police Department.

    In a fourth example, a San Fernando Valley man, Brian McDonald, 23, was sentenced to more than 20 years in federal prison in the Central District of California for using darknet marketplaces to sell hundreds of thousands of dollars’ worth of fentanyl-laced pills and cocaine to buyers nationwide. He admitted in court documents to causing one fatal fentanyl overdose.

    From at least April 2021 until May 2023, McDonald and others conspired to sell fentanyl and cocaine via multiple darknet marketplaces. McDonald operated under the monikers “Malachai Johnson,” “SouthSideOxy,” and “JefeDeMichoacan.” McDonald created, monitored, and maintained the darknet vendor profiles, including by updating drug listings and shipment options, tracking drug orders, and offloading Monero cryptocurrency received as drug deal payments into cryptocurrency wallets that McDonald controlled.

    McDonald recruited and hired accomplices to help package and ship the narcotics they sold on the darknet. McDonald directed and helped these accomplices package and ship the narcotics. McDonald purchased bulk quantities of fentanyl and cocaine and then directed others to complete hundreds of drug sales involving large quantities of both fentanyl and cocaine.

    The FBI and DEA investigated this matter.

    Operation RapTor involves law enforcement actions taken by JCODE member agencies, including the DEA, FBI, FDA OCI, HSI, IRS-CI, and USPIS. Credible reporting from the referenced agencies, in addition to contributions from ATF, Army Criminal Investigation Division, Customs and Border Protection, the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) and OFAC, and Naval Criminal Investigative Service, enabled domestic law enforcement actions in support of Operation RapTor. State, local, and other federal agencies also contributed to Operation RapTor investigations through task force participation and regional partnerships, as well as the multi-agency Special Operations Division.

    The investigations leading to Operation RapTor were significantly aided by support and coordination from the Criminal Division’s Narcotic and Dangerous Drug Section and Computer Crime and Intellectual Property Section, with valuable assistance from the Criminal Division’s Money Laundering and Asset Recovery Section, Fraud Section, and Office of International Affairs.

    Key international partners include Europol; Eurojust; Austria’s Criminal Intelligence Service with various Provincial Criminal Police Departments (Bundeskriminalamt und Landeskriminalämter); Brazil’s Civil Police of the State of Pará (Polícia Civil do Estado do Pará) and Civil Police of the State of São Paulo (Polícia Civil do Estado do São Paulo); France’s French Customs (Douane), National Gendarmerie (Gendarmerie Nationale); Germany’s Federal Criminal Police Office (Bundeskriminalamt), Prosecutor’s Office in Cologne – Central Cybercrime Contact Point (Staatsanwaltschaft Köln, Zentral- und Ansprechstelle Cybercrime), Central Criminal Investigation in Oldenburg (Zentrale Kriminalinspektion Oldenburg) various police departments (Dienststellen der Länderpolizeien), and German Customs Investigation (Zollfahndungsämter); the Netherlands’ Team High Tech Crime (National Investigations and Special Operations (NIS) and Post Interventie Team (PIT), National Intelligence, Expertise and Operational Support (NIEO);  Spain’s National Police (Policía Nacional); South Korea’s Seoul Central District Prosecutors’ Office – Darknet Investigations Unit; Switzerland’s Zurich Cantonal Police (Kantonspolizei Zürich) and Public Prosecutor’s Office II of the Canton of Zurich (Staatsanwaltschaft II); and the United Kingdom’s National Crime Agency (NCA), National Police Chiefs’ Council (NPCC).

    Federal investigations spanned the United States, and 26 United States Attorneys’ Offices are prosecuting cases, including the Central District of California, the Northern District of California, the Southern District of California, the District of Colorado, the District of Connecticut, the District of Columbia, the Middle District of Florida, the Southern District of Florida, the Middle District of Georgia, the District of Hawaii, the Northern District of Illinois, the Southern District of Indiana, the Eastern District of Kentucky, the District of Massachusetts, the Eastern District of Michigan, the Western District of Michigan, the Eastern District of Missouri, the District of New Jersey, the Southern District of New York, the District of North Dakota, the Northern District of Ohio, the Southern District of Ohio, the Northern District of Oklahoma, the Eastern District of Pennsylvania, the Eastern District of Virginia, and the Western District of Washington.

    The Justice Department established the FBI-led JCODE team to lead and coordinate government efforts to detect, disrupt, and dismantle major criminal enterprises reliant on the darknet for trafficking opioids and other illicit narcotics, along with identifying and dismantling their supply chains.

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

    MIL OSI USA News –

  • MIL-OSI Security: Law Enforcement Seize Record Amounts of Illegal Drugs, Firearms, and Drug Trafficking Proceeds in International Operation Against Darknet Trafficking of Fentanyl and Opioids; 270 Arrested Across Four Continents

    Source: United States Attorneys General 13

    WASHINGTON — Today, the Attorney General and the Department of Justice’s Joint Criminal Opioid and Darknet Enforcement (JCODE) team, and international law enforcement partners announced the results of Operation RapTor, including the arrests of 270 dark web vendors, buyers, and administrators in Austria, Brazil, France, Germany, the Netherlands, South Korea, Spain, Switzerland, the United Kingdom, and the United States. Operation RapTor resulted in the highest number of seizures of any JCODE operation, including more than $200 million in currency and digital assets, over two metric tons of drugs, 144 kilograms of fentanyl or fentanyl-laced narcotics, and over 180 firearms.

    Operation RapTor was a global, coordinated effort by law enforcement in the United States, Europe, South America, and Asia to disrupt fentanyl and opioid trafficking, as well as the sales of other illicit goods and services, on the darknet, or dark web. Operation RapTor builds on the successes of prior years’ operations and takedowns of marketplaces, which resulted in the seizure of darknet infrastructure from Nemesis, Tor2Door, Bohemia, and Kingdom Markets, providing investigators across the world with investigative leads and evidence. JCODE and Europol’s European Cybercrime Centre (EC3) continue to compile intelligence packages to identify entities of interest. These leads allow U.S. and international law enforcement agencies to identify darknet drug vendors and buyers, resulting in a series of coordinated, but separate, law enforcement investigations, reflected in the statistics announced today. In furtherance of Operation RapTor and in its first action as a JCODE member agency, the Office of Foreign Assets Control (OFAC) additionally sanctioned Iranian national Behrouz Parsarad for his role as the founder and operator of Nemesis Market following seizure of the market. Parsarad was also indicted by a federal grand jury on drug trafficking charges related to the illegal business he ran on the dark web.

    “This historic international seizure of firearms, deadly drugs, and illegal funds will save lives,” said Attorney General Pam Bondi. “Criminals cannot hide behind computer screens or seek refuge on the dark web – this Justice Department will identify and eliminate threats to the American people regardless of where they originate.”

    “By cowardly hiding online, these traffickers have wreaked havoc across our country and directly fueled the fentanyl crisis and gun violence impacting our American communities and neighborhoods. But the ease and accessibility of their crimes ends today,” said FBI Director Kash Patel. “The FBI could not do this work without our partners both at home and abroad, and the staggering success of this year’s record-breaking amount of fentanyl, guns, and drugs seized prove that our efforts are working. Anyone looking to anonymously harm our citizens through illicit darknet trafficking: your days of recklessness are numbered.”

    “These predators who peddled poison on the dark web might have thought they are untouchable — hiding behind screens, pushing fentanyl, fueling overdoses, and cashing in on misery. However, Operation RapTor just proved them wrong,” said DEA Acting Administrator Robert Murphy. “DEA and our global partners reached across borders, across platforms, and across currencies to rip their networks apart. Let this stand as a warning: no mask, no marketplace, and no digital wallet can hide you from facing justice.”

    “Operation RapTor shows that the dark web is not beyond the reach of law enforcement,” said Head of Europol’s European Cybercrime Centre, Edvardas Šileris. “Through close cooperation and intelligence sharing, officers across three continents identified and arrested suspects, sending a clear message to those who think they can hide in the shadows. Europol will continue working with our partners to make the internet safer for everyone.”

    “This unprecedented operation is a testament to the power of global partnership and the unwavering dedication of our team,” said Chief Guy Ficco of IRS Criminal Investigation (IRS-CI). “Working through the JCODE initiative, IRS Criminal Investigation and our international partners led the largest and most impactful takedown to date—seizing over $200 million in assets, removing deadly drugs and weapons from circulation, and holding more than 270 individuals accountable. This critical strike against dark web networks fueling the fentanyl crisis marks a proud moment in our ongoing effort to protect communities worldwide.”

    “This record-breaking operation sends a clear message to every trafficker hiding behind a screen—your anonymity ends where our global reach begins,” said Acting Director Todd Lyons of U.S. Immigration and Customs Enforcement (ICE). “Thanks to the unwavering efforts by ICE’s Homeland Security Investigations (HSI), Europol and our international partners, we’re cracking the code of the so-called ‘safe spaces’ for cybercriminals—they are in our sights and we’re not backing down.”

    “Operation RapTor shows what’s possible when the U.S. Postal Inspection Service and our partners around the world stand united,” said Chief Postal Inspector Gary Barksdale of the United States Postal Inspection Service. “No matter where criminals hide, we will find them, dismantle their operations, and bring them to justice. This operation was about protecting innocent people from predatory criminals who profit from violence, addiction, and fear. Our commitment is unwavering.”

    “The FDA is committed to continuing its work to disrupt and dismantle the illegal sales of drugs on the dark web, where such sales far too often have tragic consequences,” said Deputy Director Chad Menster of the Food and Drug Administration’s Office of Criminal Investigations (FDA OCI). “We will continue to monitor, investigate and bring to justice those who misuse the internet in a quest for profits with reckless disregard for the risk to public health and safety.”  

    The impact of Operation RapTor can be attributed to the tireless work of U.S. and international law enforcement partners. For example:

    On Dec. 16, 2024, Rui-Siang Lin pleaded guilty to charges brought by the U.S. Attorney’s Office for the Southern District of New York of narcotics conspiracy, money laundering, and conspiracy to sell adulterated and misbranded medication for owning and operating Incognito Market, one of the largest narcotics marketplaces on the internet.

    According to court documents and statements made in court, Incognito Market was an online narcotics bazaar that started on the dark web in October 2020. Until it shut down in March 2024, Incognito Market sold more than $100 million of narcotics—including hundreds of kilograms of cocaine and methamphetamine. Incognito Market was available globally to anyone with internet access using the Tor web browser on the “dark web” or “darknet.” Incognito Market was designed to facilitate seamless narcotics transactions, incorporating many features of legitimate e-commerce sites such as branding, advertising, and customer service. Upon visiting the site, users were met by a splash page and graphic interface, which is pictured below:

    Figure 1: Incognito Market homepage

    While concealing their identities with a unique username or “moniker,” users were able to search thousands of listings for narcotics of their choice. Incognito Market sold illegal narcotics including heroin, cocaine, LSD, MDMA, oxycodone, methamphetamine, ketamine, and alprazolam, as well as misbranded prescription medication. An example of listings on Incognito market is below:

    Figure 2: Listings for various drugs on the Incognito Market.

    Listings included offerings of prescription medication that was falsely advertised as being authentic. For example, in November 2023, while operating in an undercover capacity on Incognito Market, a law enforcement agent purchased and received several tablets purported to be oxycodone. Testing revealed that these tablets were not oxycodone and were, in fact, fentanyl pills.

    The FBI, HSI, DEA, FDA OCI, and the New York Police Department investigated the case.

    In a second example, in January 2025, the U.S. Attorney’s Office for the Central District of California secured a 17-year sentence for Adan Ruiz, of Orange County, and a 15-year sentence for Omar Navia, of Los Angeles, for supplying fentanyl-laced pills to a drug trafficking ring that sold these drugs to more than 1,000 customers nationwide via the darknet. In imposing the sentences, U.S. District Judge David O. Carter called this case “the most sophisticated fentanyl distribution ring that this court has seen.”

    Navia and Ruiz admitted in their plea agreements that, from at least August 2021 to December 2022, they supplied fentanyl-laced pills to Michael Ta, 26, of Westminster, and Rajiv Srinivasan, 38, of Houston, who used the darknet and encrypted messaging applications to sell more than 120,000 fentanyl-laced pills, 20 pounds of methamphetamine, and other drugs directly to more than 1,000 customers in all 50 states, causing several fatal overdoses.

    According to court documents and statements made in court, Srinivasan and Ta used the “redlightlabs” darknet account to advertise and sell counterfeit M30 oxycodone pills containing fentanyl and other illicit drugs. Srinivasan also used the encrypted messaging application Wickr to communicate with and sell drugs to customers. Srinivasan received virtual currency as payment for the drugs and then routed that virtual currency through cryptocurrency exchanges.

    The court record also shows that Ta communicated with Srinivasan about drug orders, obtained fentanyl-laced pills and methamphetamine from sources of supply, stored those drugs in his residence, and mailed out packages with drugs to customers who had ordered them from Srinivasan on the “redlightlabs” account.

    Ta and Srinivasan admitted in their plea agreements to causing the fentanyl overdose deaths of three victims. Both defendants further admitted to distributing fentanyl-laced pills to two additional victims, both of whom suffered fatal drug overdoses shortly after they received the pills from Ta and Srinivasan. Prosecutors wrote in a sentencing memorandum, “The five victims of defendants’ crimes ranged in age from 19 to 51. They lived across the country, from California to Florida, Colorado to Arkansas. Each of the five victims leaves behind a family that has been forever and fundamentally changed by defendants’ actions. [Ta and Srinivasan] also victimized countless others as part of an epidemic of addiction and despair plaguing our district and our country.”

    The FBI investigated this case, with substantial assistance from the U.S. Postal Inspection Service (USPIS), the DEA’s Fayetteville Resident Office, and the Northern Colorado Drug Task Force.

    In a third example, in February 2024, the U.S. Attorney’s Office for the Eastern District of Virginia charged Joshua Vasquez, Joseph Vasquez, and Rafael Roman by criminal complaint with conspiracy to distribute 500 grams or more of methamphetamine. Joshua Vasquez, Joseph Vasquez, and Roman conspired to sell counterfeit Adderall containing methamphetamine on darknet markets such as Bohemia and Tor2Door. The defendants allegedly sold drugs on darknet marketplaces in exchange for cryptocurrency under the monikers “NuveoDelux,” “Mrjohnson,” and “AllStateRx.”

    According to court documents and statements made in court, these three prolific darknet vendors were collectively responsible for fulfilling over 13,000 drug orders shipped throughout the United States, ranging in size from user quantities, e.g., 5 pills, to “reseller” quantities, e.g., 10,000 pills. Joshua and Joseph Vasquez collectively ran the NuveoDeluxe and AllStateRx accounts. A fourth co-conspirator, Gregory Castillo-Rosario, who was arrested in October 2024, ran the Mrjohnson account. Roman assisted his co-conspirators by pressing counterfeit Adderall pills, packaging them, and distributing drug orders into the mail using the U.S. Postal Service. The conspiracy also laundered funds associated with darknet drug proceeds.

    While executing search warrants in New Jersey and New York, federal law enforcement officers seized more than $330,000, close to 80,000 counterfeit Adderall pills, one firearm, and two industrial pill press machines. Additionally, two vehicles and several pieces of property were seized during the search warrants. An additional 30 kilograms of suspected counterfeit Adderall pills were seized on May 2, 2024, in New York. Photographs of some of the seized items are below: 

    Figure 3: Counterfeit Adderall pills laced with methamphetamine stored in 5-gallon buckets

    Figure 4: Bags ready to be shipped to customers nationwide.

    Figure 5: Illegal pill press machines used by drug traffickers to make counterfeit pharmaceutical pills.

    Figure 6: Trash bags full of counterfeit Adderall pills laced with methamphetamine.

    Joshua Vasquez pleaded guilty on April 24, 2024, and was sentenced on July 25, 2024, to 12 years in prison. Joseph Vasquez pleaded guilty on April 15, 2024, and was sentenced on Aug. 8, 2024, to 10 years in prison. Roman pleaded guilty on May 30, 2024, and was sentenced on Nov. 14, 2024, to 10 years in prison. They all pleaded guilty to conspiracy to create a counterfeit substance and distribute 500 grams or more of a mixture and substance containing methamphetamine.

    The FBI, FDA, and USPIS investigated this matter with significant contributions from DEA, HSI, the Ocean County Sheriff’s Office, the Howell Township Police Department, the Lakewood Township Police Department, the Orlando Police Department, the Orange County Sheriff’s Office, the Arlington County Police Department, and the New York Police Department.

    In a fourth example, a San Fernando Valley man, Brian McDonald, 23, was sentenced to more than 20 years in federal prison in the Central District of California for using darknet marketplaces to sell hundreds of thousands of dollars’ worth of fentanyl-laced pills and cocaine to buyers nationwide. He admitted in court documents to causing one fatal fentanyl overdose.

    From at least April 2021 until May 2023, McDonald and others conspired to sell fentanyl and cocaine via multiple darknet marketplaces. McDonald operated under the monikers “Malachai Johnson,” “SouthSideOxy,” and “JefeDeMichoacan.” McDonald created, monitored, and maintained the darknet vendor profiles, including by updating drug listings and shipment options, tracking drug orders, and offloading Monero cryptocurrency received as drug deal payments into cryptocurrency wallets that McDonald controlled.

    McDonald recruited and hired accomplices to help package and ship the narcotics they sold on the darknet. McDonald directed and helped these accomplices package and ship the narcotics. McDonald purchased bulk quantities of fentanyl and cocaine and then directed others to complete hundreds of drug sales involving large quantities of both fentanyl and cocaine.

    The FBI and DEA investigated this matter.

    Operation RapTor involves law enforcement actions taken by JCODE member agencies, including the DEA, FBI, FDA OCI, HSI, IRS-CI, and USPIS. Credible reporting from the referenced agencies, in addition to contributions from ATF, Army Criminal Investigation Division, Customs and Border Protection, the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) and OFAC, and Naval Criminal Investigative Service, enabled domestic law enforcement actions in support of Operation RapTor. State, local, and other federal agencies also contributed to Operation RapTor investigations through task force participation and regional partnerships, as well as the multi-agency Special Operations Division.

    The investigations leading to Operation RapTor were significantly aided by support and coordination from the Criminal Division’s Narcotic and Dangerous Drug Section and Computer Crime and Intellectual Property Section, with valuable assistance from the Criminal Division’s Money Laundering and Asset Recovery Section, Fraud Section, and Office of International Affairs.

    Key international partners include Europol; Eurojust; Austria’s Criminal Intelligence Service with various Provincial Criminal Police Departments (Bundeskriminalamt und Landeskriminalämter); Brazil’s Civil Police of the State of Pará (Polícia Civil do Estado do Pará) and Civil Police of the State of São Paulo (Polícia Civil do Estado do São Paulo); France’s French Customs (Douane), National Gendarmerie (Gendarmerie Nationale); Germany’s Federal Criminal Police Office (Bundeskriminalamt), Prosecutor’s Office in Cologne – Central Cybercrime Contact Point (Staatsanwaltschaft Köln, Zentral- und Ansprechstelle Cybercrime), Central Criminal Investigation in Oldenburg (Zentrale Kriminalinspektion Oldenburg) various police departments (Dienststellen der Länderpolizeien), and German Customs Investigation (Zollfahndungsämter); the Netherlands’ Team High Tech Crime (National Investigations and Special Operations (NIS) and Post Interventie Team (PIT), National Intelligence, Expertise and Operational Support (NIEO);  Spain’s National Police (Policía Nacional); South Korea’s Seoul Central District Prosecutors’ Office – Darknet Investigations Unit; Switzerland’s Zurich Cantonal Police (Kantonspolizei Zürich) and Public Prosecutor’s Office II of the Canton of Zurich (Staatsanwaltschaft II); and the United Kingdom’s National Crime Agency (NCA), National Police Chiefs’ Council (NPCC).

    Federal investigations spanned the United States, and 26 United States Attorneys’ Offices are prosecuting cases, including the Central District of California, the Northern District of California, the Southern District of California, the District of Colorado, the District of Connecticut, the District of Columbia, the Middle District of Florida, the Southern District of Florida, the Middle District of Georgia, the District of Hawaii, the Northern District of Illinois, the Southern District of Indiana, the Eastern District of Kentucky, the District of Massachusetts, the Eastern District of Michigan, the Western District of Michigan, the Eastern District of Missouri, the District of New Jersey, the Southern District of New York, the District of North Dakota, the Northern District of Ohio, the Southern District of Ohio, the Northern District of Oklahoma, the Eastern District of Pennsylvania, the Eastern District of Virginia, and the Western District of Washington.

    The Justice Department established the FBI-led JCODE team to lead and coordinate government efforts to detect, disrupt, and dismantle major criminal enterprises reliant on the darknet for trafficking opioids and other illicit narcotics, along with identifying and dismantling their supply chains.

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

    MIL Security OSI –

  • MIL-OSI Banking: ACP Statement: House Passage of Cuts to Clean Energy Tax Credits a Threat to Economic and Energy Security

    Source: American Clean Power Association (ACP)

    Headline: ACP Statement: House Passage of Cuts to Clean Energy Tax Credits a Threat to Economic and Energy Security

    The American Clean Power Association (ACP) is the leading voice of today’s multi-tech clean energy industry, representing energy storage, wind, utility-scale solar, clean hydrogen, and transmission companies. ACP is committed to meeting America’s energy and national security goals and building our economy with fast-growing, low-cost, and reliable domestic power.
    Learn more at cleanpower.org, and follow ACP on LinkedIn, Instagram, Facebook, and X.

    MIL OSI Global Banks –

  • MIL-OSI USA: Zinke Strips Public Lands Sales, Votes to Pass the Big Beautiful Bill: Delivers on Tax Relief, Border Security, and the Eliminating of Waste, Fraud, and Abuse

    Source: US Congressman Ryan Zinke (Western Montana)

     (Washington, D.C.) Today, Congressman Ryan Zinke voted to pass the Big Beautiful Bill Act, landmark legislation that delivers sweeping reforms to restore fiscal sanity, cut taxes for hardworking Americans, secure our border, and safeguard entitlements for American citizens, without selling public lands. Read the full bill here.

    “Today I voted to end tax on tips for Montana service workers, lower taxes on Social Security for Montana seniors, and deliver tax relief for ALL Montanans; all while making investments in our national security and safeguarding our public lands,” said Congressman Zinke. “The Big Beautiful Bill is the bold, decisive action Montanans and Americans demanded. No more taxpayer giveaways to illegal immigrants. Just a return to putting America first. The Big Beautiful Bill delivers permanent tax relief with no tax on tips or overtime, lower taxes on Social Security,  protections for entitlements from fraud, and doesn’t sell out our public lands. For Montanans, that means more freedom, more security, and more money in your pocket, while protecting the things that matter most.”

    What the Big Beautiful Bill Delivers:

    No Sale of Public Lands

    Historic, Permanent Tax Relief

    • Cuts taxes for every American.
    • Ends taxes on tips and overtime.
    • Cuts taxes on Social Security benefits, ensuring seniors keep more of what they earned.
    • Puts an average of $5,000 back in the pockets of working families and saves the average Montanan $1,400 per year.
    • Delivers 15%+ tax relief for middle-income earners ($30,000–$80,000).

     Strengthening our Social Safety Net 

    • Preserves Medicaid and SNAP for those who truly need it.
    • Implements 80-hour-per-month work requirements for able-bodied adults aged 19–64.
    • Requires biannual eligibility checks to root out fraud.
    • Kicks 1.4 million illegal immigrants off entitlements.

     Secures the Southern Border with Proven Trump-Era Policies

    • Permanently enacts the border security measures that work:
    • 700 miles of border wall
    • 900 miles of river barriers
    • 629 miles of secondary barriers
    • 141 miles of vehicle and pedestrian fencing
    • Funds 18,000+ new frontline enforcement personnel, including:
    • 10,000 new ICE officers
    • 5,000 new Customs officers
    • 3,000 new Border Patrol agents

     Ends Wasteful Spending and Woke Mandates

    • Eliminates failed Biden-era regulations that crippled energy production and economic growth.
    • Repeals green tax credits and climate subsidies that favored Chinese-made technology over American energy.
    • Defunds radical programs—like DEI initiatives, climate extremism, and taxpayer-funded gender transition surgeries for minors.

    MIL OSI USA News –

  • MIL-OSI USA: Rep. Doggett: “The Republican deficit hawks have become chicken hawks in submission to Trump”

    Source: United States House of Representatives – Congressman Lloyd Doggett (D-TX)

    Like arsonists claiming to be firefighters, Republicans talk fiscal responsibility while adding trillions to the national debt and threatening the solvency of Social Security and Medicare.

    Contact: Alexis.Torres@mail.house.gov

    Washington, D.C.—Today, in the early morning hours after an all-night debate, U.S. Representative Lloyd Doggett (D-Texas) voted against President Trump’s and the GOP’s Tax Scam. To pay for even more tax breaks for billionaires like Elon Musk, their bill includes devoting $20 billion to undermining public schools with a new federal voucher scheme, ripping food assistance away from hungry families, repealing renewable energy credits, and denying nearly 14 million Americans access to a family physician and medications while triggering a $500 billion automatic cut to Medicare.

    Under the cover of darkness, through late-night debates, votes and meetings, Republicans rejected 522 amendments from Democrats, including three from Rep. Doggett to protect health care access, public schools, and to ensure any benefits from the bill only go to the 98% of Americans making under $400,000 a year, and no tax breaks for the country’s richest 2%. 

    Trump’s “one big, beautiful bill” will lead to those earning $1 million or more annually to benefit 310x more than those making $50,000 or less. Indeed, the poorest 10% of Americans will see their incomes decrease due to all the cuts in this bill. The legislation now heads to the Senate, where it will likely be substantially changed. 

    For more than 29 hours, Rep. Doggett and House Democrats led sustained opposition to Republicans’ Tax Scam. His remarks on the House floor can be viewed here, and a transcript is below.

    U.S. Rep. Lloyd Doggett

    House Floor Speech

    May 22, 2025

    Breaking yet another promise, Republicans are cutting Medicare by $500 billion.

    On October 1 of this year, every Medicare healthcare provider will see a 4% cut, and that will occur year after year as seniors try to find someone who will accept Medicare.

    On January 1, millions of Americans who rely on the Affordable Care Act will lose their access to a family physician. Medicaid for those in nursing homes and for half the babies born in my hometown of Austin is cut. Almost 14 million Americans will lose their access to health care.

    The new Trump school voucher sabotage plan, atop State vouchers, incentivizes removing students from public schools.

    Meanwhile, our national debt, soaring by trillions from Republicans who talk fiscal responsibility but serve their cult leader, the deficit hawks have become chicken hawks tonight in submission to Trump, the self-described king of debt.

    All to reward billionaires with even more tax breaks.

     

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Converting Unused Office Space into New Homes

    Source: US State of New York

    overnor Kathy Hochul and Mayor Eric Adams today announced the Empire State Development (ESD) Board of Directors voted to enable a massive office-to-housing conversion at 5 Times Square, transforming underused office space into a mixed-use development with up to 1,250 new homes, including up to 313 permanently affordable homes. This project was made possible by Governor Hochul’s historic move last year to change 60-year-old state laws and lift the 12 Floor Area Ratio (FAR) cap on residential development in New York City, which had blocked new housing development since 1961. The 313 permanently affordable homes at 5 Times Square are a result of the Governor’s enactment of the Affordable Housing from Commercial Conversions Tax Incentive program (467-m).

    As a result of these and other actions, approximately 10,000 new apartments have been completed or begun construction through office-to-housing conversions in New York City since last April. Additionally, the Governor’s FY26 budget includes $1 billion in State funding to secure the City of Yes for Housing Opportunity, an initiative that has made changes to New York City’s Zoning Code that are expected to allow for up to 120 million new square feet for conversion and up to 18,000 new homes.

    “We took bold action to unlock major office-to-housing conversions in New York City, and transforming 5 Times Square from underused offices into 1,250 new homes — including over 300 permanently affordable apartments — is a prime example of how we’re getting it done,” Governor Hochul said. “As I’ve made clear, the only way to address our housing crisis is to build more of the homes New Yorkers need — and I’ll never stop working to make that a reality.”

    New York City Mayor Eric Adams said, “Confronting a decades-long housing crisis requires creating new housing in every neighborhood at an accelerated pace — even here at the ‘Crossroad of the World’ in Times Square. The transformation of 5 Times Square from an underutilized office building into 1,250 new homes capitalizes on hard-fought Adams and Hochul administration victories while fulfilling my plan to build 100,000 new homes in Manhattan over the next decade. Thank you, Governor Hochul, for your continued partnership in delivering the affordable housing New Yorkers need and for proving, once again, what can be accomplished when the city and state work together towards a common goal.”

    The vote today by the ESD Board of Directors approved an amendment to the 42nd Street Development Project General Project Plan that will enable the conversion of 5 Times Square.

    5 Times Square will repurpose nearly 1 million square feet of office space while preserving more than 37,000 square feet of retail space. The project will create up to 1,250 new homes — a mix of 1,050 studio and 200 one-bedroom units — with equal access to building amenities for all residents. The project will include over 300 permanently affordable homes for New Yorkers earning up to 80 percent of the Area Median Income (AMI).

    The conversion addresses the building’s high office vacancy rate of 77 percent, transforming an underutilized property into much-needed housing. Construction is anticipated to begin in Q3 of 2025, with the first phase anticipated to be completed in 2027. The building’s configuration allows for a mixed-use program that can accommodate both residential and the existing commercial occupancy. The project is expected to create approximately 1,400 construction jobs and 830 permanent direct and indirect jobs. The project will also comply with the State MWBE and SDVOB policies, with an overall 30 percent MWBE participation goal.

    The project’s location at Seventh Avenue between 41st and 42nd Streets offers unparalleled access to 12 subway lines and regional transit connections, exemplifying Governor Hochul and Mayor Adams’ commitment to transit-oriented development that reduces car dependency and promotes sustainable urban living.

    The 5 Times Square project represents an important advancement in New York’s approach to solving its housing crisis. The original construction of the building is at 33.35 FAR — nearly three times the previous residential cap of 12 FAR. This means that the new development approved today would not have been possible without the Governor’s action in the FY25 Enacted Budget to change 60-year-old state laws and lift the 12 FAR cap in New York City. Combining the removal of the FAR cap with 467-m tax incentives enables the conversion of high-density office buildings into residential use properties, bringing more affordable housing to prime locations. As part of a growing trend in reimagining New York City’s business districts, projects like 5 Times Square have the potential to create thousands of new homes in high-opportunity areas.

    Empire State Development President, CEO, and Commissioner Hope Knight said, “The reimagining of 5 Times Square represents a transformative approach to New York’s housing and economic challenges. By converting nearly one million square feet of office space into homes—with 25 percent permanently affordable—we’re advancing our strategy to revitalize central business districts and create truly mixed-income communities. This project harnesses Times Square’s unmatched transit connections and commercial energy while addressing our critical housing needs, building upon our ongoing efforts to adapt underutilized commercial spaces for residential use in high-opportunity areas.”

    New York State Homes and Community Renewal Commissioner RuthAnne Visnauskas said, “This development is a direct result of Governor Hochul’s housing policies. Her 2025 budget lifted the 12 FAR cap and created a property tax exemption that requires affordability — these are the crucial ingredients to promote the creation of affordable and market rate housing we need in dense, mixed use and transit-rich parts of New York City. Five Times Square was a state-of-the-art office building and home to Ernst and Young for 20 years. Its conversion into 1,250 apartments is exactly what of the Governor’s plan to increase supply and bring housing costs down calls for. Now, instead of sitting largely vacant, this building it will be home for generations of New Yorkers for decades to come.”

    New York City Deputy Mayor for Housing, Economic Development, and Workforce Adolfo Carrión, Jr. said, “5 Times Square is a game-changer for Times Square and Midtown, paving the way for the future of urban growth. By converting underutilized office space into over a thousand new homes, including hundreds of affordable units, we’re reimagining central business districts as vibrant, mixed-use communities that foster both residential life and economic opportunity.”

    NYCEDC President & CEO Andrew Kimball said, “The transformation of nearly one million square feet of office space at 5 Times Square to mixed-income housing is yet another way our city-state partnership is working to deliver for New Yorkers. This project – one of the largest office-to-housing conversions in New York City’s history—will address the immediate, critical need for more housing, while leveraging iconic, city-owned property as a place not just to do business, but as a 24/7 live, work, play destination.”

    RXR Chairman and CEO Scott Rechler said, “The repositioning of 5 Times Square demonstrates how forward-thinking policies can strengthen and reimagine neighborhoods such as Times Square. The City and State of New York have shown that, through innovative public-private partnerships, we can transform underutilized office spaces into a thriving residential community, helping to address New York’s pressing housing crisis.”

    This project also highlights the continued New York State and New York City partnership in addressing the housing crisis. Governor Hochul and Mayor Adams’ innovative policies are transforming underutilized office space into vibrant, mixed-income communities with direct access to jobs, transit, and amenities across the state.

    Governor Hochul’s Housing Agenda

    Governor Hochul is committed to addressing New York’s housing crisis and making the State more affordable and more livable for all New Yorkers. As part of the FY25 Enacted Budget, the Governor secured a landmark agreement to increase New York’s housing supply through new tax incentives for Upstate communities, new incentives and relief from certain state-imposed restrictions to create more housing in New York City, a $500 million capital fund to build up to 15,000 new homes on state-owned property, an additional $600 million in funding to support a variety of housing developments statewide and new protections for renters and homeowners. In addition, as part of the FY23 Enacted Budget, the Governor announced a five-year, $25 billion Housing Plan to create or preserve 100,000 affordable homes statewide, including 10,000 with support services for vulnerable populations, plus the electrification of an additional 50,000 homes. Nearly 60,000 homes have been created or preserved to date.

    The FY25 Enacted Budget also strengthened the Pro-Housing Community Program which the Governor launched in 2023. Pro-Housing certification is now a requirement for localities to access up to $650 million in discretionary funding. Currently, more than 300 communities have been certified including New York City.

    MIL OSI USA News –

  • MIL-OSI USA: Kelly applauds House passage of One Big Beautiful Bill Act

    Source: United States House of Representatives – Representative Mike Kelly (R-PA)

    WASHINGTON, D.C. — Today, U.S. Rep. Mike Kelly (R-PA), Chairman of the Ways & Means Subcommittee on Tax, released the following statement after the U.S. House of Representatives passed the “One Big Beautiful Bill Act.”

    “Today, House Republicans fulfilled a promise to deliver tax relief to the American people. This legislation will strengthen working families and small businesses in Pennsylvania and across the United States. Parents will benefit from an expanded Child Tax Credit. We have delivered President Trump’s promise of no tax on tips, overtime, auto loan interest, and tax relief for seniors. And, we are putting more money in the pockets of millions of Americans. We are building on the success of the 2017 Tax Cuts & Jobs Act and we are making sure these pro-growth tax policies will benefit generations to come,” said Rep. Kelly.

    BACKGROUND

    The One Big Beautiful Bill Act makes permanent the successful 2017 Trump tax cuts and includes critical pro-growth policies that will cut taxes by an additional $1,300 for a family of four and deliver higher wages and incomes for millions of Americans. A recent report from the Council of Economic Advisers shows the legislation will produce up to $13,300 more in take-home pay for a typical family and up to $11,600 more in wages for American workers.

    The One, Big, Beautiful Bill Is Pro-Growth Tax Policy
    Permanent extension of the Trump tax cuts, alongside additional pro-growth policies, will fuel a resurgence in economic growth:

    • America’s real gross domestic product (GDP) to increase by an estimated 5.2 percent over the next four years and 3.5 percent in the long term.
    • 9.8 to 14.5 percent boost in investment in the next four years and a 4.9 to 7.5 percent boost in long-term investment.
    • 6.6 to 7.4 million full-time jobs saved or created in the next four years and 4.2 million saved or created in the long term.

    FACT SHEET: The One, Big, Beautiful Bill Fuels America’s Economic Growth

    The One, Big, Beautiful Bill Makes Families & Workers Thrive Again

    • Makes the 2017 Trump tax cuts permanent – protecting the average taxpayer from a 22 percent tax hike.
    • Saves the average American family from a $1,700 tax hike – the equivalent of 9 weeks of groceries.
    • Delivers an additional $1,300 tax cut for the average American family.
      — Delivers up to $11,600 in higher wages per worker.
      — Delivers up to $13,300 more in take-home pay for a family with two children.
    • Delivers on President Trump’s priorities of no tax on tips, overtime pay, car loan interest, and tax relief for seniors that will put more money annually in the pockets of millions of Americans:
      — Up to $1,750 for overtime workers.
      — $1,700 for tipped workers.
      -= Up to $450 for seniors.
    • Locks in and boosts the doubled Child Tax Credit for more than 40 million families and provides additional tax relief for American families.
    • Preserves and increases the doubled guaranteed deduction for 91 percent of all taxpayers.
    • Expands 529 education savings accounts to empower American families and students to choose the education that best fits their needs, whether it is K-12 materials or obtaining a postsecondary trades credential.
    • Supports working families by expanding access to childcare and making permanent the paid leave tax credit.
    • Puts American families in control of their health care by expanding health savings accounts and cementing into law a Trump Administration policy that offers more choice and flexibility for health coverage options.
    • Starts building financial security for America’s children at birth with the creation of new savings accounts.

    MIL OSI USA News –

  • MIL-OSI USA: Larsen Votes NO on the Republican Rip-Off Budget

    Source: United States House of Representatives – Congressman Rick Larsen (2nd Congressional District Washington)

    Larsen Votes NO on the Republican Rip-Off Budget

    Washington, D.C., May 22, 2025

    Today, Rep. Rick Larsen released the following statement after voting against the Republican budget. The budget passed by a final vote of 215 to 214 with every House Democrat and two House Republicans voting no.

    “The Republican Rip-Off takes health care and food assistance away from millions of people, all so that Elon Musk and his billionaire buddies can enjoy a tax break. This budget is so terrible that the GOP had to force it through in the dead of night. I, alongside House Democrats, used every tool available for 29 hours straight to stop this bill. The fight isn’t over, and I will keep working to defeat this bill as the legislative process continues.”

    Republicans Take Food and Health Care Away from Northwest Washington Families

    •  In Northwest Washington, this budget will cause 10,000 people to lose their Affordable Care Act health coverage and 19,744 people to lose their Medicaid health coverage. (Joint Economic Committee)
    • It’s estimated that this loss of Medicaid coverage in Northwest Washington will lead to 70 additional deaths per year. (Center for American Progress)
    • This budget puts 14,000 people in Northwest Washington at risk of losing food assistance, also known as SNAP benefits. (Center on Budget and Policy Priorities)

    Republicans Hand Wealthiest Americans a Tax Break

    Republicans Sneak Extremist Policies into the Budget

    • This budget effectively bans Affordable Care Act (ACA) health care plans from covering abortion, taking reproductive health care away from the nearly 1 in 7 Americans who are covered by ACA plans. (Congressional Reproductive Freedom Caucus)
    • This budget expands the cruel ban on gender affirming care to all individuals, not just minors. (Human Rights Campaign)
    • This budget accelerates the repeal of energy tax credits, which will increase energy costs, eliminate thousands of jobs and endanger transformational investments across the country. (CNBC)

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Sherrill Votes Against Republican Budget That Cuts Medicaid and Raises Costs for New Jersey Families

    Source: United States House of Representatives – Congresswoman Mikie Sherrill (NJ-11)

    WASHINGTON, DC — Today, Representative Mikie Sherrill voted against the Republican budget and reconciliation package, which includes extreme cuts to Medicaid, food assistance, and education funding, raising costs for New Jerseyans while providing tax breaks to the ultra-wealthy. Additionally, the package fails to repeal the State and Local Tax (SALT) deduction cap, an unfair double-tax on New Jersey families. 

    “Once again, Donald Trump and House Republicans are pushing a budget that prioritizes tax cuts for billionaires over the needs of working families. This package slashes $736 billion from Medicaid and will take away health coverage for at least 13.7 million Americans, including hundreds of thousands of New Jerseyans. It eliminates food assistance for vulnerable communities, strips funding from students, and pulls back funding for programs that help lower energy costs, all while adding $3.3 trillion to the national deficit through massive tax cuts for Trump’s donors like Elon Musk.

    “Moreover, this budget fails to deliver on Trump’s campaign promise to restore the SALT deduction. This bill will continue to penalize working families by making it more difficult for states like New Jersey to invest in our education, infrastructure, and communities. I have been fighting since day one to repeal this unfair double tax, and will keep working to ensure New Jerseyans are not shouldering the burden of Trump’s corruption and giveaways to the wealthiest Americans. 

    “I cannot support this reckless, cruel plan that makes it harder for families to make ends meet. I’m appalled by those who refuse to stand up for working people and choose instead to rubber stamp an extreme political agenda. I will never stop fighting for affordable healthcare, a fair tax system, and a government that delivers for New Jersey families.”

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Hinson: Promises Made, Promises Kept for Iowans

    Source: United States House of Representatives – Congresswoman Ashley Hinson (IA-01)

    Hinson supported legislation to cut taxes, secure the border, and unleash American prosperity under President Trump

    Washington, D.C. — Congresswoman Ashley Hinson (IA-02) released the following statement after voting in support of President Trump’s One Big Beautiful Bill—a generational investment to secure our borders permanently, provide tax relief for working Americans, and return America to prosperity. Key Hinson Priorities included in this bill include historic investments in border security and deportations and tax relief for working Americans, including no tax on tips, no tax on overtime, an enhanced Child Tax Credit and additional relief for seniors. Additionally, this bill makes the 199A small business deduction permanent at 23%, empowering Main Street job creators.

    “This bill is promises made, promises kept in action. Iowans overwhelmingly voted for President Trump’s America First agenda—ending illegal immigration and preventing dangerous criminals and drugs from entering our communities, cutting wasteful spending, and unleashing American energy. Throughout this process, I was proud to champion provisions to help working families keep more of their hard-earned dollars, including expanding the child tax credit, making small business tax cuts permanent, and eliminating taxes on tips. This would not have been possible without President Trump’s leadership, and I look forward to working with him to get this transformational legislation signed into law.” – Congresswoman Ashley Hinson

    MIL OSI USA News –

  • MIL-OSI: Banqup delivers 26% growth in organic subscription revenue in Q1 2025

    Source: GlobeNewswire (MIL-OSI)

    Press Release – Regulated Information 

    La Hulpe, Belgium – 22 May 2025, 19:00 CET – REGULATED INFORMATION – Banqup Group SA, formerly Unifiedpost Group SA, (Euronext: UPG) (Banqup, Company), a leading provider of integrated business communications solutions, publishes its business update on the first quarter of 2025. 

    Key Highlights

    • Solid double-digit growth momentum in organic1 subscription revenue (+25,9% y/y)
    • Digital service revenue growth of +7,7% y/y driven by subscription and transaction revenue growth 
    • Focused on operational preparedness for key geographies with upcoming e-invoicing regulations
    • Divestment of 21 Grams on track, while portfolio rationalisation of non-digital services remains a priority
    • Reiterating FY 2025 guidance: ~25% organic subscription revenue growth and FCF2 positive by year-end
    • Appointment of our new Chief Revenue Officer, Chrystèle Dumont.

    Commenting on the Q1 2025 results, Nicolas de Beco, CEO, remarked: “We have seen a solid start to the year. During the first quarter, we made good progress on organic subscription revenue growth, with performance already tracking our FY guidance. We continued to work on the divestments of non-core activities and enhancing operational efficiencies. Alongside this, developing our payment solutions remains a key focus. We also strengthened our leadership team, which is marked by the arrival of our new Chief Revenue Officer, who will play a key role in leveraging the Group’s digital solutions for compliance and efficiency. The effective change of the Company name to Banqup Group, which was approved at the AGM, also marks a step forward in the realignment of our business as a pure-play SaaS provider. We continue to actively engage with our customers and partners ahead of the upcoming e-invoicing regulations and remain confident in our ability to deliver against our growth targets for 2025.”

    Continuing operations3

    Thousands of EUR Q1 2025 Q1 2024 Change (%)
    Group revenue and income from client money 20.263 21.162 -4,2%
    Digital services revenue 11.526 10.701 +7,7%
               Subscription 3.645 3.157 +15,4%
                       of which Organic1 3.645 2.895 +25,9%
               Transaction 5.201 4.909 +6,0%
               Other 2.680 2.635 +1,7%
    Traditional communication services revenue 8.737 10.460 -16,5%

    Digital services business performance

    • Subscription revenue growth was primarily driven by the increase in e-invoicing subscriptions in Belgium, ahead of the incoming e-invoicing mandate set for 1 January 2026.
    • Transaction revenue increased +6,0% y/y as a result of client money, part of our embedded e-payment services, which amounted to €0,4m in Q1 2025 (compared to € 0,7m in FY 2024, reflecting a business that was launched in July 2024).

    Operational and leadership updates:

    • Appointed Chrystèle Dumont as Chief Revenue Officer, bringing her proven track record of strategic vision and operational excellence. Chrystèle will lead our revenue strategy and drive customer acquisition through partnerships, as we navigate the rapidly evolving e-invoicing landscape across Europe.
    • Focused on operational preparedness for European geographies with upcoming regulatory requirements (Benelux, France, Germany).

    Wholesale Identity Access business earn-out condition realised:
    On 17 December 2025, Banqup completed the divestment of its Wholesale Identity Access business in the Netherlands, as initially disclosed in its press release dated 26 August 2024. The sale included a potential earn-out payment of up to € 7,7 million, contingent upon achieving a defined financial milestone. On 30 April 2025, Banqup signed an agreement for a final earn-out of € 6,7 million for completion of the full transaction, with the effective payment date as of 6 May 2025.

    Banqup rebranding and enhanced governance approved at the Extraordinary General Meeting and Annual General Meeting on 20 May 2025:

    • The proposal to rebrand to Banqup across the Group was approved. The rebranding underpins our focus on core digital services and the positioning of our business as a pure-play SaaS provider, reinforcing our commitment to growth in e-invoicing and payment solutions.
    • The appointment of four new Board members was approved; for more details, see the previous announcement.

    Reconfirming FY 2025 Guidance (based on current reporting structure)

    • 25% increase in organic subscription revenue
    • FCF positive by year-end

    Financial Calendar:

    • 26 August 2025: Publication of the H1 2025 results (webcast)
    • 13 November 2025: Publication of the Q3 2025 business update

    Contact
    Alex Nicoll
    Investor Relations
    Banqup Group
    alex.nicoll@unifiedpost.com

     

    About Banqup Group

    Banqup Group delivers integrated cloud-based SaaS solutions to streamline business transactions across the entire lifecycle, from e-invoicing and e-payments to tax reporting. Banqup, our solution for businesses, unifies purchase-to-pay, order-to-cash, e-invoicing compliance, and e-payments into one secure platform, removing the complexity of juggling disconnected tools. eFaktura World, our solution for governments, is a comprehensive digital platform designed for tax administrations to implement e-invoicing and streamline both B2G and B2B tax reporting flows. To learn more about Banqup Group and our solutions, please visit our website: Unifiedpost Group | Global leaders in digital solutions

    Cautionary note regarding forward-looking statements: The statements contained herein may include prospects, statements of future expectations, opinions, and other forward-looking statements in relation to the expected future performance of Banqup Group and the markets in which it is active. Such forward-looking statements are based on management’s current views and assumptions regarding future events. By nature, they involve known and unknown risks, uncertainties, and other factors that appear justified at the time at which they are made but may not turn out to be accurate. Actual results, performance or events may, therefore, differ materially from those expressed or implied in such forward-looking statements. Except as required by applicable law, Banqup Group does not undertake any obligation to update, clarify or correct any forward-looking statements contained in this press release in light of new information, future events or otherwise and disclaims any liability in respect hereto. The reader is cautioned not to place undue reliance on forward-looking statements.

     

    1 Organic revenue excludes revenue from FitekIN/ONEA (divestment closed on 5 July 2024) in the comparative figures

    2 Free cash flow is defined as net income (i) plus non-cash items in the income statement, (ii) minus cash out for IFRS 16 adjustments, (iii) minus capital expenditure, (iv) minus reimbursement on loans and leasing for the reporting period

    3 Excludes discontinued operations: 21 Grams.

    Attachment

    The MIL Network –