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Shabana Mahmood meets Kristi Noem at Five Eyes summit

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The new home secretary will discuss criminal smuggling gangs with Donald Trump’s head of homeland security at a meeting of intelligence-sharing allies in London on Monday.

Shabana Mahmood will host US Homeland Security Secretary Kristi Noem, along with ministers from Australia, New Zealand and Canada, the countries which make up the Five Eyes security partnership.

Noem – who oversees the US Immigration and Customs Enforcement (ICE) agency – has been a key player in the Trump administration’s efforts to ramp up deportations.

The summit is also expected to focus on online child sexual abuse and the spread of opioids.

The talks come as the government continues to face pressure to reduce the number of people crossing the Channel in small boats.

Saturday – Mahmood’s first full day in the job – saw 1,097 people arriving, one of the highest number of people on record.

That brought the total number of people arriving in the UK by small boat to more than 30,000 this year, according to Home Office statistics, a number that Mahmood described as “utterly unacceptable”.

The number of people arriving in the UK by small boats this year is up by 37% on last year, according to analysis by the PA news agency.

Mahmood said she hoped to agree new measures to “protect our borders with our five eyes partners, hitting people smugglers hard” at Monday’s security talks.

She said: “As the security threats we all face become more complex and span continents, we are stronger and safer together.”

The meeting comes days after Mahmood was appointed as home secretary in the prime minister’s major cabinet reshuffle, replacing Yvette Cooper.

The Five Eyes alliance is a post-World War II intelligence-sharing pact between the US, UK, Canada, Australia, and New Zealand on communications intelligence.

On Sunday night, Noem posted a photo on social media of her meeting with the US Ambassador to the UK Warren Stephens.

She said the pair discussed border and aviation security, immigration enforcement, and how her department can support “meaningful results” for both the UK and US.

Defence Secretary John Healey has confirmed the government is looking at expanding the use of military sites to house asylum seekers, as it looks to move people out of so-called asylum hotels.

He said on Sunday that officials were also considering other types of “non-military accommodation”.

Midwest Democrats struggle to counter GOP on redistricting

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Democrats in Indiana, Ohio and Missouri face few good options to counter the GOP in its efforts to push forward with redistricting

In Texas, Democrats temporarily blocked efforts to pass a GOP-friendly House map by leaving the state to deny Republicans the minimum number of lawmakers needed to conduct business. But Democrats in the three Midwestern states don’t have the numbers needed to deny Republicans a quorum, depriving them of one of the most effective ways to stall the redistricting process.

The situation has meant many Democratic leaders are struggling to find ways to fight back against potential new maps — and are leaning on each other for support.

“My job for the last several weeks has been to constantly explain to people why we’re going to lose this fight. That is a deeply demoralizing position to be in as a leader,” said Missouri House Minority Leader Ashley Aune (D). 

“Just being able to know there are other folks out there going through the same thing, who are also having difficult conversations with their caucus members and their communities — sometimes it just helps to know that you’re not alone,” she said.

Having limited power in these states has been a reality for Democrats for years. The party hasn’t had a majority in any house of the three states’ legislatures for at least a decade, if not longer.

But the party’s minority status could cost it even further representation in the U.S. House and cement an even more dominant Republican edge.

The map that Missouri Gov. Mike Kehoe (R) has proposed would likely increase the margin in his House delegation from six Republicans and two Democrats to seven and one. It would do this by splitting the Kansas City-area district, which is currently represented by Rep. Emanuel Cleaver (D), into two districts and diluting the city’s political power with more conservative rural areas.

Ohio, which unlike other states was already required to redraw its maps this year, hasn’t yet moved forward with advancing new maps. But Republicans are expected to try to pick up at least two currently Democratic-held districts to improve their 10-5 margin in the House.

“Every indicator so far from the leadership in the Republican caucus has been that … they want to do what’s best for the state of Ohio first, and my hope is that that’s true and that that’s where we start,” said Ohio Senate Minority Leader Nickie Antonio (D).

While breaking quorum isn’t an option for his party, Ohio House Minority Leader Dani Isaacsohn (D) said Democrats can turn to the referendum process or ballot initiatives in response.

“People are losing their health care and their health insurance, and hospitals are closing and kids are going hungry because we don’t have fair maps in Ohio,” Isaacsohn said, referring to impacts from President Trump’s mega policy bill, which was passed in the GOP-dominated House and Senate. 

Whether Indiana will attempt to redistrict still seems uncertain, with some state Republicans not expressing enthusiasm about the idea. But if they decide to try to take out one or both Democratic House members currently in office, Democratic state lawmakers don’t have many legislative tools to stop them.

Still, Indiana Democrats say they’ll use public pressure to make it difficult for Republicans should the GOP go through with mid-decade redistricting. They have also left the door open to procedural tactics to slow down the process. Democrats are three members short of being able to deny House Republicans quorum to temporarily halt possible legislation in the Hoosier State, though the party could also work together with Republicans who defect from their party over the redistricting issue. 

“We don’t have the numbers for a walkout … like what happened in 2011, but I have made it clear with my Republican colleagues, if you are sincere in saying you don’t want this, let us help you. Let’s work together and do the right thing for Hoosiers,” said Indiana Senate Minority Leader Shelli Yoder (D).

Indiana state Rep. Matt Pierce (D) said Democrats could try a number of procedural measures available to them to slow the process down, but if Republicans stick together to have a quorum, redistricting efforts will move forward. He said the party has been working to try to make the public more aware of what Trump wants state lawmakers to do.

“We’ve been trying to get the public engaged and getting them to push back,” Pierce said. “And I think that a lot of people have been rallying at the state House and raising the alarm bells. But I think at the end of the day, it’s going to have to be Republicans who say no.”

Democrats in the Midwestern states have also been communicating with each other, using each other as sounding boards in thinking through the redistricting battles ahead, though each state legislature is governed by different rules. There have been talks of holding a press conference among the three states, though no initiatives have been finalized.

The redistricting battle, which started off as a push from President Trump and the White House to get Texas to redraw its maps, has morphed into a national fight as the White House looks to gain further seats in Missouri and Indiana. 

Democrats in California are teeing up maps that would neutralize Texas’s expected gains, with voters expected to weigh in on them in November. Other blue states could follow suit.

Democratic leaders in some Midwestern states have also been in touch with national Democratic groups including the Democratic National Committee (DNC) and Democratic Congressional Campaign Committee (DCCC).

“Just like in Texas and California, the DNC is all hands on deck to help Missouri Dems fight back against Trump rigging Missouri’s Congressional maps and silencing the voices of Missourians,” DNC spokesperson Abhi Rahman said in a statement. 

“Democrats are rising up to protect voters’ rights, and we’re not pulling our punches,” he added. “The DNC will stand with Missouri Democrats protecting the rights of all Missourians as Donald Trump and spineless Republicans try to rig the game.”

A DNC source familiar with the matter noted some of the efforts the national party has been involved with in Missouri include using their organizing team to recruit attendees in the state to participate in a rally next Wednesday and helping state Democrats hold town halls. 

Meanwhile, another source familiar with the matter told The Hill the DCCC committed six figures toward polling and messaging efforts on redistricting in Missouri and Texas.

Republicans in blue states such as Illinois and Maryland are contending with a similar conundrum, as GOP members also don’t have the needed numbers to break quorum should those states ultimately move forward with redistricting. But Democrats don’t have many good options for adding seats in either state given they’re already both heavily favored toward their party.

In fact, a court struck down an 8-0 map crafted by Maryland Democrats in 2022 over partisan gerrymandering. Democrats in the Old Line State could risk seeing a repeat of that situation again if they try to weaken Rep. Andy Harris’s (R-Md.) district in the Eastern Shore.

“Politically, I think that the vast majority of Marylanders, including this ever-growing block of independents who hate both parties doing these blatant maneuvers, may have some negative feelings heading into 2026 about this, both for Gov. Moore and for legislative Democrats if they choose to push it through,” Maryland House Minority Leader Jason Buckel (R) told The Hill.

While there are risks for Democrats to overplay their hand in several blue states, members of the party warn there’s risk for their GOP counterparts in red states just the same.

Pierce added he believes Republicans are underestimating the potential backlash, as Indiana has one of the lowest voter turnout rates in the country, but that could change. He said this could improve Democrats’ margins in key races or even help in statewide elections.

“There is that possibility that it’s going to fire up the Democrats and make them angry enough that they’re going to work harder and more people will be motivated to come out and vote,” he said.

Charges laid after auto shop owner goes ‘Batman’ on Milwaukee wheel thieves, hiding GPS trackers on his rims

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WISN 12 News/YouTube
WISN 12 News/YouTube

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Jon Petrie, owner of Tender Car Collision in Milwaukee, says he has been dealing with wheel thefts at his business for years.

He put up a fence and hired private security.

When that didn’t work, he put GPS trackers on the rims to try to catch a thief in the act.

“It was an extreme feeling of frustration and helplessness. This was one of the last resorts of extreme, extreme anger,” he said to WISN [1]. “I roll out of my house like Batman in the middle of the night, trying to see where these wheels are going.”

Petrie and the police traced the GPS device, which was hidden under the tire, to a Honda Odyssey van seen on surveillance video at Tender Car Collision and the men suspected of the crime.

Milwaukee mechanic Ethan Langoehr knows the sting of wheel theft firsthand — both his shop and his restored 1990 Honda Prelude were targeted, with thieves taking the wheels and leaving the car on blocks. He’s not alone: police say a theft ring has hit multiple local auto shops, stealing nearly $30,000 in wheels and tires.

David Griffin now faces felony theft charges, and the van used in the crimes was traced to his apartment thanks to a hidden GPS tracker.

While police work to hold suspects accountable, car owners and small businesses are left to deal with the financial fallout — which can be steep. Factory wheels for older or specialty cars are hard to replace, and insurance doesn’t always cover the full cost unless you’ve opted into comprehensive coverage.

Check your own policy to ensure it protects you against theft of this nature. If not, shop around for car insurance providers with platforms like OfficialCarInsurance.com for insurance options that include theft-related losses.

OfficialCarInsurance.com makes it easy to instantly compare quotes from top brands like Progressive, Allstate, and GEICO, and helps you find affordable coverage that reflects your car’s real-world risks. You can even switch your policy in minutes if you find a better deal, with some quotes as low as $29/month.

When you use OfficialCarInsurance.com, they’ll ask you some quick questions that help determine your insurance. Things like your age, your home state, the type of vehicle you drive and your driving record.

As for Petrie, he hopes the arrests will bring some relief to local shop owners — and maybe inspire a different path for those responsible.

“Put your hard work towards something more productive than stealing, please,” he said in his interview. “If you applied that same effort toward doing something of value to society, you could do so well.”

Read more: Rich, young Americans are ditching stocks — here are the alternative assets they’re banking on instead

While this may seem like petty theft, it’s actually a major concern for mechanic shops and car owners across the country.

According to Direct Auto Insurance [2], wheels and tires are some of the most commonly stolen car parts.

There are a few reasons for this. Tires and wheels can be removed from your car in a matter of minutes, making it easy for a thief to target your car if it’s parked in an unmonitored location. These parts are often unmarked, unlike the hardware found under your hood, so it’s difficult for police to track down stolen parts, or for a shady mechanic to be accused of receiving stolen parts. They are also easy to resell for high prices, especially with tariffs being slapped on them.

These crimes can be a major headache for car owners if their insurance doesn’t cover the full cost. Many Americans don’t have emergency funds and aren’t ready for a surprise expense due to a theft.

“The cost to replace stolen wheels and tires can easily top $2,000 even for an average cost car,” says Kiley & O’Toole Insurance [2].

“If your auto insurance policy has comprehensive coverage, then your insurance company will pay for most of your loss. However, personally you will still pay a price. First, because a deductible will apply, you will pay the first $300 to $1,000, depending on your policy. Second, even though the claim is no fault of your own, it is nonetheless a claim paid and becomes part of your claim history, and with some insurance companies it could increase the insurance rate you pay down the line.”

Because insurance inquiries don’t require a hard credit pull on OfficialCarInsurance.com, you can confidently and safely browse insurance offers to see different levels of coverage that you would prefer. Plus, the process is 100% free.

While this type of crime is prevalent, there are several measures you can take to hopefully avoid becoming a victim:

  • Use your garage or park in well-lit areas: Whether it’s attached to your home or part of a public parking structure, keeping your vehicle out of sight often keeps it out of mind for thieves. Tire thieves don’t want to be seen in action — so use a busy street to your advantage.

  • Lock it up: Consider replacing one of the lug nuts on each wheel with a lock. These require a special key for removal. Thieves often move on when a job gets harder or takes longer.

  • Turn your wheel: Parking with your wheels at a 45-degree angle — especially near a curb — makes it harder to access and remove lug nuts.

Finally, don’t overlook the basics — always lock your car, even if you’re stepping away for just a moment. It may seem obvious, but car part thefts happen in seconds.

And while prevention goes a long way, it’s just as essential to make sure your insurance has you covered in case theft does occur. Shop around with OfficialCarInsurance.com to help you compare quotes and different levels of coverage from top providers, so you’re not left guessing — or overpaying.

At Moneywise, we consider it our responsibility to produce accurate and trustworthy content people can rely on to inform their financial decisions. We rely on vetted sources such as government data, financial records and expert interviews and highlight credible third-party reporting when appropriate.

We are committed to transparency and accountability, correcting errors openly and adhering to the best practices of the journalism industry. For more details, see our editorial ethics and guidelines.

[1]. WISN. “Police search for man they call a ‘prolific’ wheel thief, mechanics targeted”

[2]. Direct Auto Insurance. “9 Commonly Stolen Car Parts & Items: How to Theft-Proof Your Vehicle”

[3]. Kiley & O’Toole Insurance. “Help Protect Your Car Wheels from Being Stolen”

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This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

Ex-sergeant major admits sexually assaulting soldier who took her own life

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Jonathan BealeDefence correspondent

Family Handout Jaysley Beck smiles in a selfie, taken inside a room, wearing her Army uniformFamily Handout

A former Army Sergeant Major has pleaded guilty to sexually assaulting a teenage female soldier who took her own life after being left terrified by the incident.

Royal Artillery Gunner Jaysley Beck, who was 19, was found dead in her barracks at Larkhill in Wiltshire on 15 December 2021.

She had filed a complaint against Battery Sergeant Major Michael Webber after he pinned her down and tried to kiss her at a work social event.

An inquest into Gunner Beck’s death earlier this year determined the Army’s handling of the complaint played “more than a minimal contributory part in her death”.

Webber, who has since left the Army, pleaded guilty to one count of sexual assault at a pre-trial hearing last Friday. He is now awaiting sentencing.

In a statement, Gunner Beck’s mother, Leighann McCready, said: “We are relieved that Michael Webber has admitted his guilt and not put us through the trauma of yet more legal proceedings, but nothing can undo the devastating loss of our beautiful daughter Jaysley.”

Gunner Beck reported the assault, despite attempts by superiors to persuade her not to. Her mother said she had done “everything right”.

“She reported the assault immediately, not once but twice.”

She said the Army’s chain of command had failed her daughter by not reporting the sexual assault to the police.

“If they had done that one simple thing, we believe with all our hearts she would still be with us today,” she added.

Family Handout Jaysley Beck looks into the distance in a black and white photo taken outsideFamily Handout

Royal Artillery Gunner Jaysley Beck reported the assault, despite attempts by superiors to persuade her not to

At the inquest, the coroner said Capt James Hook put pressure on Gunner Beck to drop the allegations, and only reported it to a higher command “when the cat was already out of the bag”.

The inquest heard a subsequent “miscommunication” through the chain of command meant details of of Webber’s attempt to place his hand between Gunner Beck’s legs were lost.

Rather than being reported to the police the incident was recorded as “inappropriate behaviour unbecoming of a warrant officer”.

At the time, BSM Webber was given a “minor administrative action interview” with no further consequences.

Just weeks after the assault, the inquest heard that Gunner Beck had also been subjected to “relentless harassment” by another soldier.

Bombardier Ryan Mason, her line manager, sent her more than 4,600 text messages confessing his feeling for her, along with a 15 page “love story” detailing his “fantasies about her”.

Family Handout Gunner Beck stands in a group of uniformed soldiersFamily Handout

The Army has apologised to Gunner Beck’s family for “letting her down”

Following the inquest in February, Gunner Beck’s family asked Wiltshire Police to consider criminal proceedings against Mr Webber.

In June, the force passed a file to the Service Prosecuting Authority who then confirmed that Mr Webber would be charged with the offence of sexual assault.

He pleaded guilty to the charge at a pre-trial hearing on Friday.

The Army has already apologised to Gunner Beck’s family for “letting her down”.

Following the inquest in February, it said: “We could have, and should have done more.”

The Army says it has now introduced clear and unequivocal policies to state there will be “zero tolerance to unacceptable sexual behaviours”.

Emma Norton, the solicitor acting on behalf of Gunner Beck’s family, said it was an enormous relief that the man who had sexually assaulted her had now pleaded guilty.

But she added: “What an enormous difference it would have made if the Army and its chain of command had just listened to Jaysley when she first told them about the assault and reported it to the police, instead of trying to persuade her it wasn’t that serious.”

If you or someone you know has been affected by the details raised in this story, advice on where to find help and support can be found at BBC Action Line.

Trump economy adviser: Fed should be '100 percent' independent of political influence

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A top economic adviser to President Trump on Sunday said the Federal Reserve should be 100 percent independent of political influence when it comes to monetary policy — including from Trump.

Kevin Hassett, the director of the National Economic Council, made the remarks during an appearance on CBS’s “Face the Nation,” where he was asked about a survey that found just 41 percent of Republicans think the Fed should be independent of Trump.

“Oh, if I were in that survey then I would say 100 percent that monetary policy, Federal Reserve monetary policy, needs to be fully independent of political influence,” Hassett told host Margaret Brennan.

“Including from President Trump,” Hassett said in response to a direct question from Brennan.

“The fact is that we’ve looked at countries that have allowed the leaders to take over the central banks, and what tends to happen is that it’s a recipe for inflation and misery for consumers,” he said.

“And so central bank independence is something that, as you saw, there was a hearing this week about that, that Democrats and Republicans and the White House all agreed about. Now the question is, has the current central bank been as independent as we would like, as transparent we would as we would like? And I think that there’s some dispute about that,” Hassett said.

Hassett said he agreed with an op-ed written this week by Treasury Secretary Scott Bessent that said the Federal Reserve’s independence was under threat due to “mission creep,” and that it needed an overhaul.

Hassett, who is seen as a potential future chair of the Federal Reserve, said he had no plan to overhaul the Fed and was focused on his day job.

Trump has been putting pressure on Federal Reserve Chair Jerome Powell to lower interest rates. He has also launched an effort to remove Federal Reserve board member Lisa Cook from her position.

Powell’s term as the leader of the Fed is up in the spring. It’s possible Trump could then nominate Hassett as the chair.

Hassett said there were a lot of good candidates for the position.

Japan’s stressed bond market, stocks brace for PM Ishiba exit reaction

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By Junko Fujita and Rae Wee

TOKYO (Reuters) -Japan’s stressed government bond market and soaring stocks are set for more volatility on Monday after the resignation of fiscal hawk Prime Minister Shigeru Ishiba.

Yields on super-long Japanese government bonds (JGBs) have already been hovering near record highs due to global concerns about fiscal deficits and domestic political pressure on Ishiba. Japan’s Nikkei share gauge has recently slipped from last month’s record high.

Attention now focuses on potential successors for Ishiba and a potential return to the “Abenomics” policies of the late Shinzo Abe, Japan’s long-time leader who presided over massive fiscal stimulus and unprecedented monetary easing from the central bank.

“A knee-jerk reaction of the markets would be a bear-steepening of JGBs, weaker yen and mildly higher stock prices as they see higher risks of an Abenomics-like reflationary policy,” said Naka Matsuzawa, chief macro strategist at Nomura Securities in Tokyo.

Ishiba’s relatively conservative fiscal stance has been seen as a positive for the JGB market, where yields are still relatively low globally, but concerns about Japan’s massive debt pile and widening fiscal deficits remain concerns.

The country’s outstanding debt is nearly 250% the size of its gross domestic product, the highest in the developed world. Japan’s budget requests for the next fiscal year amounted to a record for the third straight year, the finance ministry said last week.

“Yields on super-long bonds will likely rise from Ishiba’s resignation,” said Katsutoshi Inadome, senior strategist at Sumitomo Mitsui Trust Asset Management. “There has been an upward pressure on super-long bond yields due to uncertainties about fiscal conditions, and the pressure will increase.”

The 30-year JGB yield last week jumped to an unprecedented 3.285%, while the 20-year yield hit 2.69%, the highest since 1999. The surge in yields spells ever higher borrowing costs for the government, corporations and the public.

The JGB market was dealt a blow in mid-July when Ishiba’s coalition suffered a considerable defeat in upper house elections. Outsider parties campaigning on tax cuts and increased spending gained seats, and speculation has swirled for weeks about pressure within Ishiba’s Liberal Democratic Party (LDP) for him to resign.

That all came to a head on Sunday, with Ishiba saying that he must take responsibility for election losses and instructing the LDP to hold an emergency leadership vote.

NFL week one: Josh Allen leads epic Buffalo Bills comeback against Lamar Jackson’s Baltimore Ravens

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The Cincinnati Bengals have started 0-2 or worse in the past three seasons and Joe Burrow was 1-9 in the first two weeks in his career, so their one-point win against the Cleveland Browns will be a huge relief.

Even more encouraging was the fact the much-maligned defence stepped up to clinch their 17-16 victory.

Tampa Bay Buccaneers receiver Emeka Egbuka became only the second rookie since the 1970 merger to score a game-winning touchdown in the final minute as they edged Atlanta thanks to the Falcons missing a last-gasp field goal.

Las Vegas Raiders rookie running back Ashton Jeanty scored as they beat the Patriots in New England, and Washington’s Jacory Croskey-Merritt had an even better debut with 82 yards and a score as the Washington Commanders dominated the New York Giants.

Matthew Stafford became the 10th player in NFL history to reach 60,000 passing yards as the Los Angeles Rams beat the Houston Texans, while the San Francisco 49ers lost George Kittle to a hamstring injury in victory over the Seattle Seahawks.

Headline rookie Travis Hunter made his eagerly anticipated debut for the Jacksonville Jaguars, taking six catches for 33 yards as a receiver and playing six snaps on defence in a comfortable win over Carolina.

Top overall draft pick Cam Ward lost on his debut as the Tennessee Titans were beaten by the Denver Broncos.

Tom Hanks award ceremony canceled by West Point group: Report

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An award ceremony for “Saving Private Ryan” star Tom Hanks has been canceled by the West Point Association of Graduates, an alumni association for the the U.S. Military Academy at West Point, N.Y., according to The Washington Post.

The Post reported Saturday that the award ceremony was canceled by the West Point Association of Graduates because the association wants the school to pay more attention to getting future officers ready for war.

In a faculty email, retired Army Col. Mark Bieger, who serves as president and CEO of the West Point Association of Graduates, let others know about the choice to cancel the ceremony, according to the Post, which said it obtained the email.

Hanks would have been awarded the Sylvanus Thayer Award, according to the Post.

On the West Point Association of Graduates website, the association states the award goes “to an outstanding citizen of the United States whose service and accomplishments in the national interest exemplify personal devotion to the ideals expressed in the West Point motto, ‘Duty, Honor, Country.’”

It is not clear whether Hanks, who has starred in several movies honoring U.S. veterans of foreign wars and was instrumental in getting the World War II memorial built on the National Mall, will still get the award.

Hanks has a history of criticizing President Trump, saying in June 2024 that Trump securing a second White House term could indicate that the U.S.’s “journey to a more perfect union has missteps in it.”

“I think there’s always reason to be worried about the short term,” Hanks told CNN’s Christiane Amanpour when asked if he’d worry about the country’s “commitment to democracy and freedom” if Trump won later that year.

“But I look at the longer term of what happened, I think there’s an ongoing — look, our Constitution says, ‘We the people of the United States, in order to form a more perfect union’ — that journey to a more perfect union has missteps in it,” Hanks added.

The Hill has reached out to the West Point Association of Graduates and a representative for Hanks for comment.

Why AI stock tremors are ripping through portfolios

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This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with:

I talk to a ton of people each week in my role.

Truthfully, the volume has gotten so large that by Friday, I usually 1) have forgotten my own name, 2) start talking like the people I’ve talked to, and 3) drive right by my own house on the way back from work.

Not complaining at all, just keeping it real.

The positive to the litany of conversations is that there’s often one “comment of the week” that leaves an impression. This week, the comment belongs to C3.ai (AI) founder and executive chair Tom Siebel.

Siebel is an OG in tech. I always enjoy chatting with him — he’s blunt and knows his stuff. Makes for great insights (and great interviews).

His company’s stock got slammed on Thursday morning after reporting a rough quarter and yanking its full-year outlook. Siebel stepped up to the mic on my Opening Bid morning show — alongside his new CEO, Stephen Ehikian — and dropped this golden nugget:

“In this market out there, where you have companies trading at 100 times revenue, you have companies trading at half-trillion-dollar valuations that lose $10 billion a year, I mean, a lot of these valuations are crazy. Come on, C3.ai is a bargain stock,” Siebel said.

I have no clue if C3.ai is a screaming buy after a 55% year-to-date tanking — I hung up my analyst game 10-plus years ago. I do think C3.ai needs to restore investor trust, and that will take the rest of 2025 to sort out. Ehikian, fresh out of working for the Trump administration, has a lot of work to do in a short period of time.

But Siebel’s valuation comment is of interest in light of the pressure we are seeing in AI stocks. It all began late last week with Nvidia (NVDA), as investors reassessed the company’s quarter and outlook. Shares are down 6% in the past five trading sessions.

The AI selling has persisted this week.

Salesforce (CRM) and Figma (FIG) got drilled on Thursday after their quarterly numbers didn’t wow. It’s clear the hype on their earnings calls wasn’t enough to paper over soft areas of the earnings reports. Growing concern on the Street centers around the pace of AI demand by corporations, given what looks to be a slowing US economy.

The overarching concern is whether valuations have plateaued for a sizable chunk of AI stocks. I fancy they might have, given the sharp negative reactions.



Sex harassment widespread among barristers, review finds

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Sima KotechaSenior UK correspondent

Eve Robinson: “I just froze in that moment”

Warning: This article contains detailed description of sexual harassment.

It had been a long and tiring day for 23-year-old Eve Robinson who was having after-work drinks with colleagues.

On a summer evening, the pupil barrister was sitting in the outside section of the bar when a barrister she had met only a couple of times before sexually assaulted her.

Speaking exclusively to the BBC for the first time about her ordeal, Eve says: “He put his arm around me and he put his arm up my dress and down inside my tights and when I pulled his arm out he did it again.

“He then put his hand up my dress and onto my chest and again I pulled his hand out and then for the third time he put his hand up my dress and down my tights,” she says.

Eve says she froze in shock for several seconds. She rushed to the toilet and locked herself in the cubicle as she tried to process what had just happened. Her heart was pounding loudly.

“To sit there and think why has that just happened to me and that was really difficult. I felt shame. I felt dirty. I felt really uncomfortable and I just felt completely overwhelmed by it, in a really negative way. It was awful and was a complete violation of your personal space, the respect for you, he completely violated that,” she says.

One month later, Eve made an official complaint to her then chambers and the matter was later referred to the Bar Standards Board.

A tribunal found that Craig Charles Tipper’s behaviour could amount to sexual assault and unlawful harassment. He was suspended from practising law for several months.

The tribunal accepted that he had admitted the allegations early, showed genuine remorse, and had taken action to prevent a recurrence of the conduct.

According to an independent review carried out by Baroness Harriet Harman KC, Eve’s experience is not rare.

It concluded there was “systemic sexual harassment and bullying” in and around the Bar. It also found there was a “cohort of untouchables” and trainees felt that reporting bad behaviour was “career suicide”.

“There is definitely a power dynamic in law and those who aren’t as senior are scared of complaining because it could explode your career. And nobody wants that,” another female barrister, who declined to be named, says.

Baroness Harriet Harman KC is looking to the side. She is wearing a purple jacket and chunky necklace. She has short grey hair in a bob and is wearing glasses.

Baroness Harriet Harman KC said future victims needed to be protected

The Bar refers to the legal profession and community of barristers who provide legal advice and argue cases in court. There are 17,864 barristers practising in England and Wales, according to The Bar Council.

The review received more than 170 written submissions, and Baroness Harman also met pupils, junior and senior barristers, and those working in chambers, where barristers share offices, to listen to their experiences.

Some shared how they had been groped, propositioned, shouted at in court, and were left feeling “completely isolated” by what they had been through.

Harman said: “Bullying, harassment and sexual harassment is a problem at the Bar and on the Bench, within chambers and courtrooms, in open court and behind robing room doors.

“It needs to be acknowledged and dealt with to protect future victims. But it is also vital to protect the reputation of the Bar from the stain of misconduct. The Bar is at the centre of the rule of law. It must uphold high standards.”

The Bar Council asked Harman, a former leader of the House of Commons, to carry out the review after 2023 research found increasing numbers of barristers were experiencing or witnessing inappropriate and unacceptable behaviours within their chambers, workplace and in courts.

The report found 44% of respondents said they had experienced or observed bullying, harassment or discrimination while working either in person or online over two years.

“When I was 20 where I was the only female, a male barrister asked me if I liked sadomasochistic sexual acts and whether he should demonstrate them for me. Afterwards, he got my mobile number and messaged me, asking me to go out with him,” said one woman who spoke to Harman as part of the review.

Another said: “A male barrister at a Manchester set of chambers offered to pay for my Bar Professional Training Course if I engaged in an intimate relationship with him. When I refused, he called me frigid and suggested that it was my fault for asking him to review my pupillage application. I assumed he was being helpful, but I now understand he made similar offers to other female law students.”

The review acknowledges that action has been taken to try to tackle the bad behaviour but concluded more needs to be done to bring about real and sustained change.

Baroness Harman made 36 recommendations including:

  • Mandatory anti-bullying and anti-harassment training
  • A new conduct tsar within the Bar
  • A new complaints system
  • Banning relationships with junior staff in barristers’ offices – including with those on work experience

In the report, Harman writes about a fee-paid judge who had sex in his judicial chambers more than 15 years ago. Paul Kirtley was found to have committed misconduct and issued with a formal warning. He remains on the Bench.

Harman said: “In my view, the courts are a place for the administration of justice not for sexual activity. I cannot see how it is acceptable for a judge to continue on the Bench when he has had sex in his judicial chambers during an adjournment.”

The report also exposes bullying behaviour among the highest echelons of the legal field.

A contributor told the review of one judge in the Midlands who “regularly shouts at, and bullies junior counsel”. It is alleged this behaviour caused panicked barristers to prioritise the judge’s cases over others, leading to delays for others.

In response to the review, chair of the Bar Council, Barbara Mills KC, said: “There is no place for bullying and harassment at the Bar. We’re aware of the scale of the problem, but seeing its impact on our colleagues and those aspiring to join the profession in this report makes for uncomfortable reading.”

“It is clear from the review that decisive action is required,” she added.

You can access a range of support for the issues raised in this article through BBC Action Line.