Has Biden’s Green Record Been Tainted by Oil-Drilling Willow Project?

The U.N. Intergovernmental Panel on Climate Change says governments must do much more to move away from fossil fuels. The Biden administration has taken several steps to do so, but a recent decision to approve an oil-drilling project in Alaska has disappointed those who want the U.S. to swiftly cut greenhouse gas emissions. VOA’s Veronica Balderas Iglesias explains

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Colorado Proposal Would Cut Public Records Costs for Media 

As Colorado’s fall neared in 2021, reporter Jesse Paul wanted to peek behind the curtain of state prisons, submitting a request for documents regarding inmate deaths, injuries and staff violations — public records made available to ensure government transparency.

But then the bill arrived, and Paul, a reporter at The Colorado Sun, shot off a cheeky email to his editors: “You guys cool if I drop $245,000 on this?”

In a concession many journalists know well, Paul gutted his admittedly large request, leaving most of those government documents shrouded from the public’s sight.

Those types of financial barriers are partly why Colorado state lawmakers are considering legislation that would give the news media privileges when requesting public records, including lower fees and stricter deadlines for records custodians to produce documents.

But the draft legislation kicked off a hullaballoo on Twitter, with some concerned that favoring news media was unfair, while others found the mere idea of politicians defining who is and who isn’t a journalist unsettling.

Most states do not differentiate between the general public and media organizations, and the Colorado draft bill’s definition of the news media would effectively exclude news startups in their first year of operation — raising their public records costs.

The proposal comes as some states push in the opposite direction. Florida Governor Ron DeSantis is seeking an agenda that may limit access to public records, and lawmakers across the country are trying to shield the disclosure of personal information for elected officials and public employees.

The Colorado proposal has yet to be introduced, and it could change as the final kinks get worked out, said Democratic state Senator Chris Hansen, the bill’s sponsor. Hansen, in defense of the definition, said burgeoning news groups would still be able to submit requests and the temporary higher cost wouldn’t be a “significant burden.”

Broadly, the proposal is considered a step in the right direction by media groups. It would require stricter retention of government email records, charge news media half the cost billed to the general public — roughly capped at $15 for every hour spent producing the records — and ensure certain reports from investigations into sexual harassment by elected officials be publicly available.

To Jeff Roberts, executive director of the Colorado Freedom of Information Coalition and who has helped draft the bill, said the proposal isn’t perfect but will make a dent in the problem. A more robust solution, he said, would be better funding for governments to respond to records requests.

The cost of Paul’s quarter-million-dollar request still probably wouldn’t be addressed by this bill, Roberts noted. Those documents likely fall under a separate category for criminal records, and Roberts is still on a mission to address prohibitive costs.

“There doesn’t seem to be political will to just reduce the cost for everyone,” said Roberts.

Larry Ryckman, editor of The Colorado Sun, said that while he had misgivings about politicians defining what qualifies as news media, he was generally pleased with any expansion of public records access.

“A healthy democracy depends on a free press, that we will ask questions, that we will dig in, and that we will verify facts,” Ryckman said, “and we cannot hold government and government agencies and officials accountable without access to documents.”

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Indigenous Engineer Joins UN Water Conference

As part of World Water Day, March 22, the United Nations is holding its first conference devoted to water issues since 1977. For VOA, Matt Dibble introduces us to a Native American engineering student who will share at that conference her tribe’s successful campaign to remove harmful dams in the Western United States.

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Japan Beats United States to Win World Baseball Classic Crown

Japan beat the United States 3-2 to win the 2023 World Baseball Classic in Miami Tuesday.   

Japan’s Shohei Ohtani, a star hitter and pitcher in U.S. Major League Baseball, sealed the win for his home country when he took the pitcher’s mound at the top of the ninth inning. He walked Jeff McNeil to start the inning, then got Mookie Betts to hit into a double play before striking out Los Angeles Angels teammate Mike Trout to give Japan its third WBC title since the event began in 2006. Japan won the first WBC and again in 2009.   

Ohtani was named the tournament’s most valuable player, hitting .435 with one homer, four doubles, eight runs batted-in and 10 walks to lead Japan to a 7-0 record during the WBC.   

Trea Turner homered in the second inning and teammate Kyle Schwarber hit a home run in the eighth to score the only runs for the United States, which won the last WBC in 2017. Munetaka Murakami and Kazuma Okamoto homered for Japan, while Lars Noobaar, an American-born member of the St. Louis Cardinals whose mother is Japanese, drove home a run in the second inning.   

Some information for this report came from The Associated Press and Reuters. 

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US Announces Charges for Attempts to Help Iranian Weapons Program

A U.S. federal court unsealed indictments Tuesday charging Iranian and Turkish defendants with conspiring to procure and export U.S. technology to support Iran’s weapons programs. 

The U.S. Justice Department said that between 2012-2013 Amanallah Paidar, of Iran, and Murat Bükey, of Turkey, sent a device used to test fuel cells from the United States through Turkey, and tried to obtain a bio-detection system that can be used in the research and use of weapons of mass destruction. 

Bükey was sentenced Monday to 28 months in prison after being extradited from Spain to the United States in July 2022 and pleading guilty to conspiracy charges in December. Paidar is still at large, the Justice Department said. 

The U.S. Treasury Department said Tuesday it added both Bükey and Paidar to its sanctions list. 

“Mr. Bükey acted on behalf of a larger network attempting to deliver sensitive U.S. technology into the hands of a hostile nation,” Homeland Security Investigations Special Agent in Charge Derek W. Gordon said in a statement.  “If we allow such networks to meet with success, they could potentially put the safety of every American at risk.” 

In another indictment unsealed Tuesday, the Justice Department said Iranians Agshar Mahmoudi and Bahram Mahmoudi Mahmoud Alilou, and Shahin Golshani of the United Arab Emirates, used their companies to conspire to obtain “a high-speed camera that has known nuclear and ballistic missile testing applications, a nose landing gear assembly for an F-5 fighter jet, and a meteorological sensor system.” 

All three of those defendants are still at large, the Justice Department said. 

“The sentencing of Murat Bükey and the charging of four others with conspiring to illegally export technologies and goods to Iran demonstrates our determination to hold those who attempt to circumvent U.S. export laws and sanctions accountable,” FBI Washington Field Office Assistant Director in Charge David Sundberg said in a statement. “Export controls exist to protect the security of the United States and its people, and we will aggressively investigate those who threaten our national security by violating these laws. We are grateful to our international partners for their assistance in dismantling this scheme and bringing the defendant to justice.” 

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How US Grand Juries Work

Grand juries play a central role in the American justice system. They are tasked with listening to evidence presented by prosecutors and witnesses and then deciding, by a secret vote, whether there’s enough evidence to charge a person with a felony, which is any criminal offense punishable by at least one year in prison.  

Grand juries are required in federal felony prosecutions, and many U.S. states have adopted a similar system. However, in some states, prosecutors can also present their evidence to a judge, who then decides whether someone can be charged with a crime.    

Federal grand juries are made up of 16 to 23 members. At least 12 jurors must agree before an indictment — a formal charge — can be brought against someone. Grand jurors are selected from the same pool of ordinary citizens who serve as trial jurors. They are identified from public records such as driver’s licenses and voting registries. Grand jurors serve from 18 to 36 months, usually meeting a few times a month, and have the power to question witnesses and issue subpoenas.  

“The grand jury system is important in terms of deciding who’s going to face criminal charges, but it’s also important for involving citizens in the criminal justice system,” said Peter Joy, a law professor at Washington University in St. Louis. “The origins of the grand jury system are based on, in a sense, a certain degree of trying to keep the government honest.”   

Grand juries were originally conceived as a safeguard against government power, which is why the Founding Fathers wrote them into the U.S. Constitution. But former federal prosecutor Green isn’t convinced the so-called “people’s panel” fulfills that function in a meaningful way.  

“If the original idea of the Founding Fathers was, as I believe it was, to be a restraint on government power … it’s probably not a very effective tool to protect people from prosecution overreaching,” Green says. “And there’s a pretty significant risk that, if the prosecutor gets it in their head that somebody’s guilty, they can achieve an indictment whether the person is guilty or not.”  

Grand juries rarely decline to indict. In 2010, government statistics showed that federal grand juries brought charges more than 99% of the time.  

High stakes  

While the grand jury might be a rubber stamp in most cases, the panel is more likely to play a meaningful role in cases that draw widespread public attention, Joy says.    

“I think it’s very likely that prosecutors in presenting the evidence to the grand jury most likely tried to present more evidence than they might in a typical type of case and presented in a way that would be balanced,” he says.  

Some states require prosecutors to show evidence that the accused might be innocent. However, federal prosecutors are not required to do so.  

“The higher the profile the accused has, the greater the likelihood is that the prosecutor really wants to feel that he or she has a solid case, and they’re going to want to test out the evidence in a way that would give them increasing confidence in the case that they have,” Joy says.  

“Because the stakes are high, a smart prosecutor — if there is some contrary evidence that might put into question guilt or innocence — they’re likely to use the grand jury as a vetting [testing] process for that.” 

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Los Angeles Education Workers Strike, Canceling School for 420,000 Students

About 30,000 education workers backed by the teachers’ union began a three-day strike in Los Angeles on Tuesday, canceling school for nearly half a million students at the second-largest school district in the United States.

The Service Employees International Union Local 99 seeks to increase what it calls poverty wages that average $25,000 per year for many of their members, including school bus drivers, custodians, cafeteria workers and classroom assistants.

Thousands of protesters gathered for a rally in the rain outside the Los Angeles Unified School District headquarters, vowing to continue picketing for the next two days.

“We love our students, and we’re here for the students. But if we can’t properly take care of our kids, how can we properly come here and work as well?” Lynneier Boyd-Peterson, a striking bus driver, told KTLA 5 television news.

She was one of the striking workers who marched in pouring rain under umbrellas early on Tuesday carrying signs reading “Respect Us!” at a school bus yard.

The service workers are backed by the 35,000 members of the teachers’ union United Teachers Los Angeles, which refused to cross their picket line.

The work stoppage is the latest in a series of job actions by educators across the U.S. who have complained of burnout and low wages, leading to a teacher shortage in many parts of the country.

The Los Angeles strike follows a six-day teachers’ strike in 2019 and the coronavirus pandemic that closed in-classroom instruction for more than a year in 2020 and 2021.

Los Angeles schools superintendent Alberto Carvalho has acknowledged workers have been underpaid for years and said he was committed to reaching a deal.

The strike has disrupted classes for 420,000 students, many of whom also depend on schools for meals, counseling and other social services. The city opened dozens of meal and safe-place sites on Tuesday for students.

“I will make sure the well-being of L.A. students always comes first as I continue to work with all parties to reach an agreement to reopen the schools and guarantee fair treatment of all LAUSD workers,” Mayor Karen Bass said in a statement.

The union, which said 96% of its membership had authorized the strike, is demanding a 30% salary increase plus an additional $2 per hour for the lowest-paid workers, the Los Angeles Times reported.

Carvalho told reporters on Monday the district was offering a 23% raise plus a 3% bonus and that “there are still additional resources to put on the table.”

Education experts have been warning of staff burnout for years. Those concerns grew when the coronavirus pandemic put additional stress on teachers, many of whom left the profession for better pay in the private sector, where their skills and education were valued.

“What’s happening in L.A. is going to happen in all the major cities if we don’t start doing something collectively as a nation,” said Jamie Sears, a former third-grade teacher who now teaches a master class for educators.

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Biden Honors Springsteen, Julia Louis-Dreyfus, Mindy Kaling

U.S. President Joe Biden made an observation when conferring the National Medal of Arts on rocker Bruce Springsteen on Tuesday:

“Bruce, some people are just born to run, man.”

Springsteen and a host of actors, authors, singers and other artists joined Biden in the White House East Room where they received either a National Medal of Arts or National Humanities Medal for their contributions to American society.

Comedian Julia Louis-Dreyfus, whose “Veep” show made light of the vice presidency — an office Biden once held — was also honored.

“She embraces life’s absurdity with absolute wit, and handles real life turns with absolute grace. A mom, a cancer survivor, a pioneer for women in comedy, she is an American original,” Biden said.

Actress Mindy Kaling, a main character on the long-running television show, “The Office,” set in Biden’s hometown of Scranton, Pennsylvania, received a medal as well.

When Biden introduced author Colson Whitehead to the crowd, he noted that Whitehead had won back-to-back Pulitzer Prizes for his books and gave a hint of his own ambitions.

“I’m trying to go back to back myself,” said Biden, who has said he intends to run for reelection in 2024.

Singer Gladys Knight, the “empress of soul,” was an honoree, along with clothing designer Vera Wang, historian Walter Isaacson and authors Amy Tan, Ann Patchett and Tara Westover, among others.

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US Says China Should Push Russia to End the War in Ukraine

U.S. officials are reacting to the joint statement by China and Russia on the Russian war on Ukraine. A statement was issued Tuesday in Moscow, where Chinese President Xi Jinping held two days of talks with his host, Russian President Vladimir Putin.

National Security Council spokesman John Kirby, at the White House press room lectern on Tuesday, said there is nothing from the talks and agreement between the Chinese and Russian leaders that gives hope the war in Ukraine is going to end any time soon.

“If China wants to play a constructive role here in this conflict, then they ought to press Russia to pull its troops out of Ukraine and Ukrainian sovereign territory,” Kirby said. “They should urge President Putin to cease bombing cities, hospitals and schools, to stop the war crimes and the atrocities and end the war today.”

Kirby added that while China should not be considered a neutral party, the United States has seen no indication the Chinese are poised to provide the Russians with lethal weapons.

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Niger Credited With Negotiating Release of US Aid Worker, French Journalist

The government of Niger says it negotiated the release of a U.S. aid worker and a French journalist who were held captive by Islamist militants in the Sahel region. Aid worker and missionary Jeffery Woodke was held for more than six years, while reporter Olivier Dubois spent nearly two years in captivity.

Kidnappings in the Sahel are growing at an alarming rate. Mali, Burkina Faso and Niger saw a combined 532 abductions in 2022, up from to 33 in 2017, according to the Armed Conflict Location and Event Data Project. Some 115 abduction incidents have already been recorded in the region this year.

Kidnappings in the Sahel represent a “permanent risk” for all actors working in the region, said Fahiraman Kone, a security analyst with the Institute for Security Studies in Dakar.

“This is a practice that has been put forward for a long time by jihadist groups as a method of financing, but also by other ransom groups who simply engage in banditry,” he said.

Due to the private nature of hostage negotiations, it’s difficult to decipher the role each country plays in securing someone’s release, Kone said. Niger’s efforts, however, should not go unnoticed, he added.

“Niger nevertheless stands out more and more in the central Sahel in its approach to the fight against insecurity,” he said. “While in Burkina Faso and Mali we see a strengthening of the militarized approach to the fight, Niger is trying to set forth a policy of negotiation so as to disengage fighters from groups and to negotiate with jihadist leaders themselves.”

While abductions of foreigners often make headlines, the majority of kidnappings target locals. Some 97% of civilians abducted in Mali since 2012 were Malian, according to a 2021 report from the Institute for Security Studies. Local humanitarian workers, village chiefs, religious leaders and journalists are among the most targeted groups.

Sadibou Marong is the West Africa director for Reporters Without Borders. People must not forget Malian journalists Hamadoun Nialibouly and Moussa M’Bana Dicko, who are still being held captive, he said.

The safe return of Dubois shows that hostage release campaigns can be successful, he added.

“When people generally think it’s not possible, we need to go far and wide,” Marong said. “It’s always possible to set up mechanisms to advocate, to mobilize allies everywhere, so as to achieve such a positive result.”

Dubois was kidnapped on April 8, 2021, in Mali’s northern Gao region by the Group for the Support of Islam and Muslims, or JNIM, a coalition of jihadist insurgent groups active in the Sahel. He was there to interview a jihadist leader when he was abducted.

In a video posted to Twitter from Niamey airport Monday he told reporters he was tired but felt fine.

“It’s huge for me to be here, to be free,” he said. “I’d like to acknowledge Niger and their expertise with this sensitive mission. And to France as well — to everyone that allowed me to be here today.”

Dubois returned to Paris Tuesday, where he was greeted by President Emmanuel Macron.

U.S. aid worker Jeffery Woodke was kidnapped in October 2016 from his home in Abalak, Niger, and was believed to have been taken to Mali.

Niger’s interior minister said Nigerien authorities secured his release from JNIM.

Via Twitter, White House national security advisor Jake Sullivan said he was “gratified” and “relieved” over Woodke’s liberation and thanked Niger for its help in securing the aid worker’s release.

The releases followed a recent trip to Niger by U.S. Secretary of State Antony Blinken.

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Washington Tries to Ease Potential Anger by China over Taiwan Leader’s Upcoming Visit to US 

The administration of U.S. President Joe Biden is trying to lower any possible animosity from China over an upcoming visit to the United States by Taiwan President Tsai Ing-wen.  

President Tsai will stopover in California and New York later this month before embarking on an official mission to Central America.  An unnamed administration official says the Biden administration has told Beijing that past Taiwanese presidents have routinely made stopover visits in the U.S. on their way to other nations, including Tsai, who has made six stopover visits between 2016 and 2019.

The official says China should not use Tsai’s stopover in the U.S. as a reason to take any aggressive action towards Taiwan.

China responded to a visit to Taiwan last August by then-House Speaker Nancy Pelosi by launching several days of massive military drills over the Taiwan Strait, including firing ballistic missiles in the waterway that separates the island from mainland China.

Beijing considers the democratically-ruled island part of its territory, even though Taiwan has been self-governing since the end of China’s civil war in 1949, when Chiang Kai-shek’s Nationalist forces were driven off the mainland by Mao Zedong’s Communists. China has vowed to bring the island under its control by any means necessary, including a military takeover.

The United States switched diplomatic recognition of China from Taiwan to Beijing in 1979, but it provides Taiwan military equipment for self-defense under the Taiwan Relations Act.   

News outlets said last month that Tsai will give a speech at the Ronald Reagan Presidential Center near Los Angeles ahead of her scheduled trip to Central America. It was also reported that House Speaker Kevin McCarthy will meet with President Tsai during her stopover in the U.S.  The Republican leader, who represents a district in California, has previously expressed an interest in visiting Taiwan himself.

Some information for this report came from The Associated Press and Reuters. 

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Biden Expresses Support for ‘Brave Women’ of Iran as White House Marks Nowruz

U.S. President Joe Biden said Monday the United States stands with the “brave women and all the citizens of Iran” who are inspiring the world with their conviction and courage as they fight for their “human rights and fundamental freedoms.” 

Speaking at a White House event celebrating Nowruz, the Iranian New Year, Biden said the United States and its partners will “continue to hold Iranian officials accountable for their attacks against their people.” 

Biden also highlighted the people who have been unjustly detained in Iran, and elsewhere in the world, saying it is a top priority for his administration to bring those people home. 

In a statement earlier Monday, Biden said he and first lady Jill Biden “send our best wishes to everyone celebrating Nowruz across the United States and around the world— from the Middle East, to Central and South Asia, to the Caucasus, to Europe.” 

“This year, Nowruz comes at a difficult time for many families, when hope is needed more than ever — including for the women of Iran who are fighting for their human rights and fundamental freedoms,” President Biden said. 

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US Welcomes Yemen Prisoner Exchange Deal

The United States has welcomed an agreement between Yemen’s warring sides to free nearly 900 detainees. 

“This important step builds on the positive environment created by a truce in Yemen that has effectively stopped the fighting for the past 11 months,” National Security Council spokesperson Adrienne Watson said in a statement.  “We thank UN Special Envoy for Yemen Hans Grundberg and the International Committee of the Red Cross for their hard work finalizing the agreement.” 

Monday’s agreement came after 10 days of negotiations in Switzerland. 

It includes the Iran-backed Houthi rebels releasing 180 prisoners in exchange for Yemen’s internationally recognized government freeing more than 700 Houthi prisoners, according to Abdul-Qader el-Murtaza, the head of the Houthi delegation. 

U.N. special envoy Hans Grundberg said the two sides agreed to meet again in mid-May to discuss more releases but added that there is much more work to be done to resolve the conflict that began in late 2014. 

“A comprehensive and sustainable end to the conflict is necessary if Yemen is to recover from the devastating toll the eight-year conflict has had on its men and women,” Grundberg said. 

Some information for this report came from The Associated Press, Agence France-Presse and Reuters. 

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Biden Signs Bill on COVID Origins Declassification

President Joe Biden signed a bipartisan bill Monday that directs the federal government to declassify as much intelligence as possible about the origins of COVID-19 more than three years after the start of the pandemic.

The legislation, which passed both the House and Senate without dissent, directs the Office of the Director of National Intelligence to declassify intelligence related to China’s Wuhan Institute of Virology. It cites “potential links” between the research that was done there and the outbreak of COVID-19, which the World Health Organization declared a pandemic March 11, 2020. The law allows for redactions to protect sensitive sources and methods.

U.S. intelligence agencies are divided over whether a lab leak or a spillover from animals is the likely source of the deadly virus.

Experts say the true origin of the coronavirus pandemic, which has killed more than 1.1 million in the U.S. and millions more around the globe, may not be known for many years — if ever.

Biden, in a statement, said he was pleased to sign the legislation.

“My Administration will continue to review all classified information relating to COVID-19’s origins, including potential links to the Wuhan Institute of Virology,” he said. “In implementing this legislation, my Administration will declassify and share as much of that information as possible, consistent with my constitutional authority to protect against the disclosure of information that would harm national security.”

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Breaking Down Possible Indictment of Trump

The criminal charges looming over former President Donald Trump pivot around the payment of hush money to adult movie actress Stormy Daniels in the final days of Trump’s 2016 presidential campaign.

The payment was made by former Trump lawyer and fixer Michael Cohen as part of a scheme to “catch and kill” politically damaging stories about the real estate mogul’s marital infidelities.

Cohen pleaded guilty in connection with the case in 2018 but federal prosecutors did not charge Trump, leaving it to New York City’s district attorney to investigate the case under state law.

In court documents, federal prosecutors laid out how Cohen, working at the behest of Trump, sought to prevent then-candidate Trump’s accusers from going public with their allegations.

In October 2016, an agent for Daniels contacted American Media Inc. (AMI), the publisher of the supermarket tabloid National Enquirer, to offer the rights to a story about an alleged sexual encounter she had with Trump a decade earlier.

AMI Chairman David Pecker, a longtime Trump friend, had offered to help the Trump campaign deal with negative press about his relationships with women by identifying stories that could be bought but not published, a tactic known as “catch and kill.”

The tabloid agreed to keep Cohen “apprised of such stories,” according to federal prosecutors.

In August 2016, AMI had identified one such story and, after receiving Cohen’s assurances of reimbursement, agreed to pay former Playboy model Karen McDougal $150,000 for the rights to her story about an alleged affair with Trump in 2006 and 2007.

But when Daniels’ agent approached AMI, the chairman put him in touch directly with Cohen, who negotiated a $130,000 agreement to buy her silence, federal prosecutors say.

Paying hush money is not a crime. But federal prosecutors say Cohen arranged for the payments to Daniels and McDougal in an attempt to influence the presidential campaign while falsely recording it as a legal “retainer” expense and receiving reimbursements from the Trump Organization.

In fact, “there was no such retainer agreement, and the monthly invoices COHEN submitted were not in connection with any legal services he had provided in 2017,” federal prosecutors wrote.

In August 2018, Cohen pleaded guilty to eight federal criminal charges, including campaign finance violations related to the payment of $130,000 to Daniels.

In the lead up to his guilty plea, Cohen admitted under oath that he had facilitated the hush money payments “in coordination with and at the direction of” Trump.

Trump, who has denied Daniels’ allegation, later said that he “never directed Michael Cohen to break the law” and said the payment was not a “campaign contribution.”

“If it were, it’s only civil, and even if it’s only civil, there was no violation based on what we did. OK?” he told Reuters in 2018.

Cohen spent a little over two years in federal prison before being released in 2021.

Federal prosecutors did not charge Trump in the case.

The Manhattan District Attorney has since been investigating whether the hush money payments violated any state laws.

While it remains unknown what charges the prosecutor will ultimately bring, legal experts say they could center on the falsification of business records.

The theory is that Trump allegedly used the guise of a legal retainer agreement to conceal the hush money payments in violation of federal election laws.

Under New York law, falsifying business records is typically a misdemeanor. To elevate the charge to a felony, prosecutors would have to show that the act of fraud was carried out with the intent to commit, aid or conceal another crime.

“That other crime would appear to be the federal election violations which the Justice Department previously declined to charge,” Jonathan Turley, a law professor at the George Washington University, wrote in a column in The Hill.

Saying he “did absolutely nothing wrong,” Trump has called the New York District Attorney’s investigation a “witch hunt” led by a “racist” prosecutor. Manhattan District Attorney Alvin Bragg is Black.

This is not the only criminal case hanging over the former president. In Georgia, prosecutors are considering bringing criminal charges in connection with Trump’s effort to overturn the 2020 presidential election result in the state. Trump narrowly lost to Democrat Joe Biden in Georgia.

Meanwhile, special counsel Jack Smith has been investigating Trump’s role in the effort to overturn the election results as well as his handling of classified documents after he left office.

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Republicans Assail New York Prosecutor Investigating Trump

Republican lawmakers on Monday assailed the New York Democratic prosecutor investigating former President Donald Trump in connection with his alleged $130,000 hush money payment to a porn star ahead of the 2016 election.

Three committee chairmen in the House of Representatives accused Manhattan District Attorney Alvin Bragg of prosecutorial misconduct and demanded that he provide them information and documents related to his investigation of Trump.

The former president said over the weekend that he expects to be arrested in the case on Tuesday, although the prosecutor has made no public announcement indicating whether Trump would be indicted or when. Trump called for protests if he is indicted, and New York officials have been coordinating with federal security agencies to handle any unrest near the courthouse in New York.

Trump would be the first former U.S. president ever charged with a criminal offense.

He also faces wide-ranging investigations by a Justice Department special counsel and a state prosecutor in the southern state of Georgia for his role in trying to upend his 2020 election loss to Democrat Joe Biden to stay in power.

Justice Department special counsel Jack Smith is also probing Trump’s role in fomenting the January 6, 2021, riot at the U.S. Capitol as lawmakers met to certify Biden’s victory and how Trump kept classified documents at his Florida estate after leaving office, rather than turning them over to the National Archives as he was required by law to do.

The New York probe stems from the $130,000 paid to adult star Stormy Daniels by former Trump lawyer Michael Cohen to guarantee her silence just ahead of the 2016 election about the one-night sexual encounter she claims to have had with Trump, an allegation he has long denied. Cohen has said that Trump approved the payment and then reimbursed him, saying it was for legal expenses.

“You are reportedly about to engage in an unprecedented abuse of prosecutorial authority: the indictment of a former president of the United States,” the Republican committee chairmen said in their letter to Bragg.

“This indictment comes after years of your office searching for a basis — any basis — on which to bring charges,” they added.

The letter was signed by House Judiciary Committee Chairman Jim Jordan, House Oversight Committee Chairman James Comer and House Administration Committee Chairman Bryan Steil.

Democrats rebuffed the criticism of the Trump investigation, with Representative Daniel Goldman saying on Twitter, “Defending Trump is not a legitimate legislative purpose for Congress to investigate a state district attorney.”

“Congress has no jurisdiction to investigate the Manhattan DA, which receives no federal funding nor has any other federal nexus,” said Goldman, who was lead counsel in a 2019 House impeachment of Trump.

Trump announced his intention to seek the 2024 Republican presidential nomination months ago and says he would keep campaigning even if he is charged with a criminal offense. Numerous national polls show him as the front-runner for the Republican nomination, although several other Republicans have either announced their own candidacies or said they are seriously considering a race against Trump.

Trump was impeached twice during his presidency, once in 2019 over his conduct demanding Ukraine investigate Biden, and again in 2021 over the attack on the U.S. Capitol by his supporters. He was acquitted by the Senate both times.

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US, French Hostages in West Africa Released

U.S. hostage Jeffery Woodke has been released after more than six years in captivity in West Africa, White House national security advisor Jake Sullivan said Monday.  

Woodke was kidnapped from his home in Abalak, Niger, where he was a humanitarian aid worker, by men who ambushed and killed his guards, forced Woodke into their truck at gunpoint and drove toward the border with Mali. The incident happened Oct. 14, 2016. 

According to Niger’s interior minister, Hamadou Souley, Nigerien authorities secured Woodke’s release from Jama’at Nusrat al-Islam wal-Muslimin, or JNIM, a terrorist group active in West Africa and the Sahel. 

“The U.S. thanks Niger for its help in bringing him home to all who miss & love him,” Sullivan wrote in a tweet Monday, referring to Woodke. “I thank so many across our government who’ve worked tirelessly toward securing his freedom.” 

Woodke’s wife, Els Woodke, told The New York Times that she was notified of his release and told he was in Niger’s capital city of Niamey.  

A U.S. official confirmed that Woodke was in Niamey and said he was being medically evaluated. Another senior administration official briefing reporters said that the U.S. had not paid a ransom or made other concessions.  

Separately, French journalist Olivier Dubois was also released following his kidnapping April 8, 2021 in Mali. Dubois posted a video on Twitter saying he was tired but felt fine. 

Media rights group Reporters Without Borders issued a statement Monday, saying it was “overjoyed and hugely relieved” by Dubois’ release. The group had long campaigned for his release. 

The developments come days after U.S. Secretary of State Antony Blinken visited Niger. 

Some information from this report came from The Associated Press and Reuters.  

VOA’s French to Africa service and Annika Hammerschlag contributed to this report. 

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US: Sanctions on China’s New Defense Chief Not a Hurdle for Military Talks

U.S. officials said current sanctions on China’s new defense chief, Li Shangfu, will not prevent him from conducting official meetings with his American counterparts, nor is the U.S. government considering issuing an exemption for or waiving Li’s sanction designation.

The People’s Republic of China named General Li as its minister of national defense on March 12. The U.S. has not proposed a call between Li and U.S. Secretary of Defense Lloyd Austin.

In 2018, the U.S. sanctioned Li under the so-called Countering America’s Adversaries Through Sanctions Act (CAATSA) when he headed the Equipment Development Department of the Chinese military.

The sanctions were related to China’s purchase of ten SU-35 combat aircrafts in 2017 and S-400 surface-to-air missile system-related equipment in 2018, according to the State Department.

A State Department spokesperson told VOA that “CAATSA sanctions do not necessarily prohibit sanctioned persons from meeting with U.S. government officials.”

“Visa records are confidential under U.S. law. We therefore cannot discuss the details of individual visa cases,” said the spokesperson when asked if the existing sanctions would ban Li from traveling to the U.S. to conduct official meetings.

But to Beijing, seeing the United States lift the sanctions against Li as a goodwill gesture may be deemed a critical step to resuming military talks between the defense chiefs of the two nations.

Experts said sanctions should not be the reason against having deconfliction talks.

“Most of the meetings between our defense secretary and the Chinese defense minister recently have been conducted in third countries—for example, at the Shangri-La Dialogues in Singapore,” said Dennis Wilder, professor of Asian studies at Georgetown University, referring to Asia’s premier annual defense and security forum.

“In that case, there would be no reason not to have the meeting, even though [General Li] is under sanctions, because meeting in the third country makes those sanctions quite meaningless,” Wilder told VOA on Monday.

While General Li remains blocked from any U.S. property interests, financial transfers, payments or foreign exchange under U.S. jurisdiction due to current sanctions, President Joe Biden’s administration continues to seek open lines of communication with PRC military leaders to ensure competition does not spill into conflict, said a Pentagon spokesperson.

Secretary Austin “is able to engage in official United States government business” with General Li despite the sanctions, the spokesperson added.

The U.S. and Chinese militaries have had working level communications both in Washington and Beijing, but no leader-level military talks since November 2022 despite U.S. requests.

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Homelessness Reduced by Half in Colorado Town  

Judith Thompson sits straight and still in her chair, eyes bright, warming herself from the cold. In Mandarin, she tells VOA she taught English at the Southwestern University of Political Science and Law in Chongqing, China. But those days of doing missionary work with her husband of 49 years are long gone. “I’ve never been homeless before,” the American woman says. “It’s a whole new experience for me to adapt.”

Thompson has been staying at the Springs Rescue Mission since November. She is part of the homeless shelter’s Hope Program, which includes job training. Thompson plans to return to the mission field, in outreach. “I want to be God’s light to give people hope and encouragement.”

The Christ-centered rescue mission and similar groups have reduced homelessness by 50% in Colorado Springs. Mission president and CEO Jack Briggs credits the success to community partnership and treating all clients as humans. “It’s people. I think we miss that sometimes. People on the streets are people.”

Addicts welcome

To accomplish that, the mission meets people “where they are,” Briggs says. Those with legal issues and/or addictions can enter. The single entry to the shelter, called the welcome center, increases the safety and security that homeless people seek.

Visitors and clients walk through a metal detector, and personal items are run through a scanner. Officers employed directly by the shelter physically search clients before entry. All drugs, alcohol and weapons are removed and placed in a locker, should the client want them back upon exiting.

Anyone who enters can hear barking coming from the next room, the shelter’s kennel. Springs Rescue Mission does not want clients choosing between a roof over their head or their dog, oftentimes the only family they have.

Clients do agree, however, to part with their clothes, which in many cases are their only possessions. The shelter launders and folds them, then places them into one of 300 red lockers. “When we build that trust and a relationship, that’s the starting point to get better from the situation they happen to be in,” Briggs says.

200 loads of laundry

Thomas McDonald, who, with the mission’s help, recovered from addictions to alcohol and cocaine, coordinates the area that includes the showers and the laundry. McDonald says he manages 200 loads of laundry daily, which “helps keep me accountable for my actions.”

Clients typically spend time working and living outside the shelter before applying for a job at the mission. Community partners step in with job leads, and the mission helps 40 people a month get jobs. Briggs says that is only possible because of the rescue mission’s job training program.

“They aren’t work ready — they just aren’t. They’ve lost the skillset, they have lost the personal hygiene, they maybe have lost the motivation,” he says. Once they graduate, the mission vouches for them to liaisons in the community.

The mission boasts a dining hall that serves 500 meals daily — again, run by former clients. During the COVID-19 pandemic, when catering businesses around Colorado Springs lacked employees, the Springs Rescue Mission recognized the need and began a catering preparation business at the shelter.

Head Chef Matt De Laurell, a former methamphetamine and cocaine addict, explained, “We do everything from little picnics all the way up to big 1,000-people corporate events.” During COVID, they also supplied first responders with well-appreciated hot meals at the end of their 12-hour shifts.

USAF general to CEO

Jack Briggs was a retired U.S. Air Force major general when he was hired as president and CEO of Springs Rescue Mission. His military attention to detail is evident as he pulls out his cellphone and shows numerous statistics from the “client information gathering system.”

Unlike other shelters, Springs Rescue Mission has a full-time data analyst on staff. Says Briggs, “We gather all the data that we can at a macro level for the whole place. But then we can break it down by individuals … for care.”

Briggs says that the statistics show about 30% of his clients graduate with enough “skills, talent and capacity” to get jobs and live independently, but that recidivism after graduation lowers that number.

Jesus greets all

Religion is at the center of the nonprofit’s philosophy. An oversize bronze sculpture of Jesus wearing a crown of thorns stands above the courtyard, where clients quietly talk outdoors when the weather allows.

It wasn’t until the sculpture was in place two years ago during an $18 million renovation that Briggs realized Jesus’ index finger pointed to the enormous cross atop the welcome center.

A handwritten sign in the dining hall reads, “Need Prayer? Just ask, we would love to pray with you.”

Jack Briggs never shies away from crediting God for the rescue mission’s success.

“That’s the starting point of everything. When we focus on that, we tend to do good work. When we think it’s about Jack or this particular program or something like that, we tend to get off track.”

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Lawyers for Former US Marine Pilot Investigating Possible Entrapment by US and Australia

Daniel Duggan is wanted in the United States on charges including conspiracy to unlawfully export defense services to China and money laundering. Lawyers for the former U.S. marine, accused of helping to train Chinese military pilots, have said they are investigating whether he was ‘trapped’ by American authorities who are seeking his extradition from Australia.  

Duggan had applied for an Australian government job in aviation that needed security clearance. That was initially granted but was revoked soon after he returned to Australia.     

The former U.S. marine pilot’s lawyer, Dennis Miralis, believes the extradition request is politically motivated and says that his client could well have been entrapped.   

“It is striking to us that a sequence of events like that could occur,” Miralis told reporters Monday outside the court in Sydney. “We are exploring at this stage whether or not he was lured back to Australia by the U.S., where the U.S. knew that he would be in a jurisdiction where he would be capable of being extradited back to the U.S.”  

“That is a matter of grave significance,” Miralis said. “At this stage these are matters under investigation.”    

Authorities in Washington have accused Duggan of training Chinese fighter pilots and believe he’s violated the arms export control act.     

He was arrested last October in the Australian state of New South Wales and has recently been moved from a remand center in Sydney to a maximum-security prison.     

His legal team has filed a submission to the U.N. Human Rights Commission claiming that his incarceration breaches the International Covenant on Civil and Political Rights.    

The Australian government approved a request for his extradition almost three months ago.   

The former marine airman is an Australian citizen who’s renounced his U.S. citizenship.  He denies breaking any law and has said he was training civilian not military pilots.    

Australia, the United States and Britain in recent months have launched a crackdown on former military pilots being recruited by China.   

A magistrate in Sydney will decide if Duggan is eligible for extradition to the United States to face criminal charges. The case has been adjourned until May 1. 

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Higher Cancer Rates Found in Military Pilots, Ground Crews, Pentagon Study Finds

A Pentagon study has found high rates of cancer among military pilots and for the first time has shown that ground crews who fuel, maintain and launch those aircraft are also getting sick. 

The data had long been sought by retired military aviators who have raised alarms for years about the number of air and ground crew members they knew who had cancer. They were told that earlier military studies had found they were not at greater risk than the general U.S. population. 

In its yearlong study of almost 900,000 service members who flew on or worked on military aircraft between 1992 and 2017, the Pentagon found that air crew members had an 87% higher rate of melanoma and a 39% higher rate of thyroid cancer, while men had a 16% higher rate of prostate cancer and women a 16% higher rate of breast cancer. Overall, the air crews had a 24% higher rate of cancer of all types. 

The study showed ground crews had a 19% higher rate of brain and nervous system cancers, a 15% higher rate of thyroid cancer and a 9% higher rate of kidney or renal cancers, while women had a 7% higher rate of breast cancer. The overall rate for cancers of all types was 3% higher. 

There was some good news reported as well. Both ground and air crews had far lower rates of lung cancer, and air crews also had lower rates of bladder and colon cancers. 

The data compared the service members with the general U.S. population after adjusting for age, sex and race. 

The Pentagon said the new study was one of the largest and most comprehensive to date. An earlier study had looked at just Air Force pilots and had found some higher rates of cancer, while this one looked across all services and at both air and ground crews. Even with the wider approach, the Pentagon cautioned that the actual number of cancer cases was likely to be even higher because of gaps in the data, which it said it would work to remedy. 

The study “proves that it’s well past time for leaders and policy makers to move from skepticism to belief and active assistance,” said retired Air Force Col. Vince Alcazar, a member of the Red River Valley Fighter Pilots Association, which had lobbied the Pentagon and Congress for help. Alcazar serves on the association’s medical issues committee. 

The study was required by Congress in the 2021 defense bill. Now, because higher rates were found, the Pentagon must conduct an even bigger review to try to understand why the crews are getting sick. 

Isolating potential causes is difficult, and the Pentagon was careful to note that this study “does not imply that military service in air crew or ground crew occupations causes cancer, because there are multiple potential confounding factors that could not be controlled for in this analysis,” such as family histories, smoking or alcohol use. 

But aviation crews have long asked for the Pentagon to look closely at some of the environmental factors they are exposed to, such as jet fuels and solvents used to clean and maintain jet parts, sensors and their power sources in aircraft nose cones, and the massive radar systems on the decks of the ships they land on. 

When Navy Capt. Jim Seaman would come home from a deployment aboard an aircraft carrier, his gear would reek of jet fuel, his widow, Betty Seaman, said. The A-6 Intruder pilot died in 2018 at age 61 of lung cancer. Betty Seaman still has his gear stored and it still smells of fuel, “which I love,” she said. 

She and others wonder if there’s a link. She said crews would talk about how even the ship’s water systems would smell of fuel. 

She said she and others have mixed feelings about finally seeing in data what they have suspected for years about the aviation cancers. But “it has the potential to do a lot of good as far as early communication, early detection,” she said. 

The study found that when crew members were diagnosed with cancer, they were more likely to survive than members of the general population, which the study suggested was because they were diagnosed earlier due to regular required medical checkups and were more likely to be in better health because of their military fitness requirements. 

The Pentagon acknowledged that the study had gaps that likely led to an undercount of cancer cases. 

The military heath system database used in the study did not have reliable cancer data until 1990, so it may not have included pilots who flew early-generation jets in the prior decades. 

The study also did not include cancer data from the Department of Veterans Affairs or state cancer registries, which means it did not capture cases from former crew members who got sick after leaving the military medical system. 

“It is important to note that study results may have differed had additional older former service members been included,” it said. 

To remedy that, the Pentagon is now going to pull data from those registries to add to the total count, the study said. 

The second phase of the study will try to isolate causes. The 2021 bill requires the Defense Department not only to identify “the carcinogenic toxicants or hazardous materials associated with military flight operations,” but also determine the type of aircraft and locations where diagnosed crews served. 

After her husband got sick, Betty Seaman asked him if he would have chosen differently, knowing his service might be linked to his cancer. 

“I flat-out asked Jim. And he, without hesitation, said, ‘I would have still done it.'” 

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Miami Beach Sets Spring Break Curfew After 2 Fatal Shootings

Miami Beach officials imposed a curfew beginning Sunday night during spring break after two fatal shootings and rowdy, chaotic crowds that police have had difficulty controlling. 

The city said in a news release the curfew would be from 11:59 p.m. Sunday until 6 a.m. Monday, with an additional curfew likely to be put in place Thursday through next Monday, March 27. The curfew mainly affects South Beach, the most popular party location for spring breakers. 

The release said the two separate shootings Friday night and early Sunday that left two people dead and “excessively large and unruly crowds” led to the decision. The city commission plans a meeting Monday to discuss potential further restrictions next week. 

Miami Beach Mayor Dan Gelber said in a video message posted Sunday that the crowds and presence of numerous firearms has “created a peril that cannot go unchecked” despite massive police presence and many city-sponsored activities meant to keep people busy. 

“We don’t ask for spring break in our city. We don’t want spring break in our city. It’s too rowdy, it’s too much disorder and it’s too difficult to police,” Gelber said. 

The latest shooting happened about 3:30 a.m. Sunday on Ocean Drive in South Beach, according to Miami Beach police. A male was shot and died later at a hospital, and officers chased down a suspect on foot, police said on Twitter. Their identities were not released, nor were any possible charges. 

In the Friday night shooting, one male victim was killed, and another seriously injured, sending crowds scrambling in fear from restaurants and clubs into the streets as gunshots rang out. Police detained one person at the scene and found four firearms, but no other details have been made available. 

Under the curfew, people must leave businesses before midnight, although hotels can operate later only in service to their guests. The city release said restaurants can stay open only for delivery and the curfew won’t apply to residents, people going to and from work, emergency services and hotel guests. Some roads will be closed off and arriving hotel guests may have to show proof of their reservations. 

Last year, the city imposed a midnight curfew following two shootings, also on Ocean Drive. The year before that, there were about 1,000 arrests and dozens of guns confiscated during a rowdy spring break that led Miami Beach officials to take steps aimed at calming the situation. 

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US Support for Ukraine Strong, but Fractures Beginning to Surface

While American support for Ukraine is still strong, there are some fractures among members of the Republican and Democratic parties that are beginning to surface. And as VOA’s Veronica Balderas Iglesias explains, those splits could deepen as other important policy decisions compete for attention with Ukraine. VOA footage by Saqib Ul Islam. Video editing by Marcus Harton.

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How the FDIC Keeps US Banks Stable

When the U.S. government announced this month that it had stepped in to take over Silicon Valley Bank (SVB) and Signature Bank, it was a 90-year-old Great Depression-era agency that took the lead in assuring depositors that their funds were safe and quelling a bank run that threatened broader damage to the industry.

The Federal Deposit Insurance Corp. took control of SVB on March 10 and Signature Bank two days later, moves that rendered the publicly traded stock of both institutions worthless but preserved other assets for distribution to account holders and each bank’s creditors.

In a decision some found surprising, the FDIC announced that all deposits held at both banks would be fully guaranteed. Historically, depositors have been protected up to $250,000, a limit designed to keep the overwhelming majority of individual depositors safe from loss.

The agency decided, however, that to prevent “contagion” — panic about one failing bank spreading to broader panic about others — it would make all depositors whole.

The decision was also likely motivated by the fact that many businesses, primarily in the tech sector, kept large accounts at SVB that they used to meet payroll and ordinary business expenses. The impact of so many companies suddenly being unable to pay thousands of employees would have been hard to estimate but could have potentially damaged the economy.

The FDIC and the Biden administration were quick to deny that the two banks had been the subjects of a “bailout,” stressing that bank executives had been fired, stockholders’ equity had been wiped out, and any funds supplied by the agency to make depositors whole would come from an insurance fund financed by premiums paid by insured banks.

The FDIC, however, will have to raise assessments on banks to replenish what money it spends on the resolution of SVB and Signature. Banks will likely pass these costs on to their customers by charging higher fees or increasing interest on loans.

 

History of the FDIC

The FDIC was created in 1933, after the U.S. weathered years of panic during the Great Depression, which led to the closures of thousands of banks. Between 1921 and 1929, approximately 5,700 banks across the U.S. failed, some because of poor management and many because depositors lost confidence and demanded withdrawals so rapidly that the banks simply ran out of cash.

Things worsened between 1929 and 1933, when nearly 10,000 banks across the country failed. During a particularly difficult week in February 1933, bank panics were so pervasive that governors in almost all U.S. states acted to temporarily close all banks.

The FDIC was created in the aftermath of that crisis, when the federal government finally acted on a long-delayed plan to establish national deposit insurance. The agency originally guaranteed individual deposits of up to $2,500, a level that has been periodically increased over the decades.

The agency is funded by premiums that banks and savings associations pay for deposit insurance coverage. It is managed by a board of five presidential appointees. The current chair of the FDIC is Martin J. Gruenberg. By statute, the director of the Consumer Financial Protection Bureau and the Comptroller of the Currency, whose agency supervises nationally chartered banks, are also members. Two other appointees round out the board, which cannot have more than three members of the same political party.

In its nine decades, the FDIC has closed hundreds of failed banks, but insured deposits have always been repaid in full.

Promoting financial stability

“The mission of the FDIC is to promote financial stability,” said Diane Ellis, the former director of the agency’s Division of Insurance and Research. “The FDIC does that by exercising several authorities. One is to provide deposit insurance so that bank depositors can be confident that they’ll get their money back regardless of what happens with their bank.”

In addition, the agency has the authority to “resolve” failed banks, which can involve selling the bank outright to another institution, creating a “bridge” bank that provides ongoing services to depositors while the agency works toward a resolution, or selling off the bank’s assets to return as much money as possible to depositors whose holdings exceed the coverage limit.

Ellis, now a senior managing director at the banking network IntraFi, noted that the agency also has oversight authority over the banks it insures.

“For open banks, examiners conduct regular examinations to make sure banks are operating in a safe and sound manner … promoting a healthy, stable banking system, which is important for economic growth,” she told VOA.

 

Avoiding ‘moral hazard’

When the FDIC was established, capping the standard insurance amount per depositor was a central feature of its design. The creators of the agency were concerned about a problem called “moral hazard.” They worried that if the federal government guaranteed 100% of deposits, individuals and businesses would fail to exercise due diligence when deciding what banks to trust with their money, and that lack of scrutiny would result in banks taking excessive risks.

“Legislators wanted to strike a balance, to protect people up to a certain amount, but not everything, so that there’d be an incentive for people to make sure that their money was in a safe bank rather than a dangerous one,” said John Bovenzi, who served as chief operating officer and deputy to the chairman of the FDIC from 1999 to 2009.

Bovenzi, the co-founder of the Bovenzi Group, a financial services consultancy, told VOA that he was initially surprised by the decision of the FDIC and other regulators to make all uninsured depositors whole.

“These weren’t the largest institutions. Silicon Valley and Signature, they were in sort of a second tier and weren’t viewed as ‘too big to fail,'” he said.

However, Bovenzi said, it soon became apparent to regulators that there were other banks in the country that operated with business models similar to that of SVB, which had large amounts of low-interest securities on its books, the value of which was being systematically undercut by the Federal Reserve’s decision to raise interest rates dramatically over the past year.

“What happened was that they saw there was too much spillover effect to other institutions, so they invoked what’s called a ‘systemic risk exception,'” he said. Had this not been the case, he said, the FDIC would have had to conduct the closing in a way that resulted in the least cost to it and the government to save money, “and that would have meant uninsured taking losses. By protecting the uninsured, the FDIC raises its own costs to cover it. And so it needed to say, ‘We don’t want to do it for the institution, but we need to do it for the system.'”

Setting a precedent

The decision to protect all deposits at SVB and Signature was not unique. During the financial crisis sparked by widespread defaults in the subprime mortgage sector from 2007 to 2010, regulators shuttered several hundred banks in the space of a few years, and implemented a policy of protecting all deposits to avoid increasing the damage to the broader economy.

The decision to do so for SVB and Signature, though, absent such a widespread crisis, has raised questions about whether a precedent has been set that will lead depositors to expect to be rescued by the government if their bank fails.

In testimony before Congress Thursday, Treasury Secretary Janet Yellen warned that the treatment of SVB and Signature should not be taken as a signal that similar protection will be extended to other banks in the future.

Such action, she said, would take place only when “failure to protect uninsured depositors would create systemic risk and significant economic and financial consequences.”

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