Silicon Valley Bank’s former CEO criticised for lack of chief risk officer before collapse – live

Gregory W Becker faces grilling from Senate Banking committee over collapse of bank; US president and congressional leaders due to talk

While Republicans in statehouses under their control are moving to restrict abortion access, the party’s current presidential frontrunner Donald Trump has remained mum about how far he would go in curbing the procedure.

He was asked repeatedly last week at a town hall hosted by CNN if he would sign a nationwide abortion ban, but refused to answer. He was similarly unclear in an interview published yesterday by the Messenger.

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Alleged attacker of congressman’s staff had history of mental illness, police say

Xuan-Kha Tran Pham, 49, had also assaulted a women earlier on same day he struck at Democrat’s Virginia office, authorities say

A man who allegedly attacked two congressional workers with a metal baseball bat had a history of mental illness and had assaulted someone else earlier in the day, authorities said.

The man, identified as Xuan-Kha Tran Pham, 49, of Fairfax, Virginia, attacked the Democratic congressman Gerry Connolly’s office on Monday, shattering windows and striking two women, including an intern on her first day on the job, authorities said.

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OpenAI CEO calls for laws to mitigate ‘risks of increasingly powerful’ AI

Sam Altman says before Senate judiciary committee that he supports guardrails for technology to minimize harms

The CEO of OpenAI, the company responsible for creating artificial intelligence chatbot ChatGPT and image generator Dall-E 2, said “regulation of AI is essential” on Tuesday as he testified in front of a Senate judiciary committee panel.

In his first appearance in front of Congress, Sam Altman said he supported regulatory guardrails for the technology that would enable the benefits of artificial intelligence while minimizing the harms.

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Roger Ailes’s widow says Murdochs have ‘wreaked havoc’ on Fox News

Wife of former CEO forced out over sexual harassment allegations says Rupert Murdoch lacks her husband’s ‘genius’

Rupert Murdoch’s family has “wreaked havoc” on Fox News, said the widow of Roger Ailes, the network’s former chief executive, adding that the 92-year-old media baron would “never come close” to her late husband’s “genius”.

Ailes died on 18 May 2017 at the age of 77. The former Republican operative built Fox News into a rightwing media giant but died less than a year after he was forced out over allegations of extensive sexual harassment.

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Silicon Valley Bank’s former CEO tells Senate he is ‘truly sorry’ for collapse

Greg Becker tells banking committee that takeover of SVB was ‘personally and professionally devastating’

The former CEO of the collapsed lender Silicon Valley Bank (SVB) has said he was “truly sorry” for what he called the “devastating” collapse of the bank that triggered the worst banking crisis since 2008.

Speaking at a Senate banking committee hearing on Tuesday, Greg Becker said he believed the bank was responsive to regulator concerns about managing risk and working to address issues before an “unprecedented” bank run led to its failure.

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US driver pulled over for speeding tried to switch places with dog, police say

Motorist maneuvered inside car before getting out on the passenger side following police stop in Springfield, Colorado

A driver who was pulled over for speeding and appeared to officers to be drunk tried to switch places with his dog in an attempt to avoid arrest, police in Colorado are alleging.

An officer watched the motorist maneuvering inside the car before he got out on the passenger side on Saturday night in Springfield, a town of about 1,300 people on Colorado’s Eastern Plains, police said in a Facebook post on Sunday.

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Joe Biden to address Australian parliament as Richard Marles warns of Aukus ‘barriers’

Anthony Albanese pleased Biden has taken up invitation, an honour also afforded to Barack Obama in 2014

Joe Biden will address the Australian parliament next week, the first US president in nearly 10 years to speak to a joint session of MPs and senators in Canberra.

Officials have confirmed that Biden will make the speech on Tuesday 23 May, the day before he attends the Quad summit in Sydney with the prime ministers of Australia, Japan and India.

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US to sign pacts with Micronesia and PNG as Washington seeks to counter China in Pacific

Formal signings to take place in Papua New Guinea next week when Joe Biden holds summit with Pacific leaders

The US is set to sign strategic pacts with Papua New Guinea and Micronesia next week, as Washington seeks to shore up support among Pacific island countries to counter competition from China

Papua New Guinea’s prime minister, Jamas Marape, confirmed that his country’s agreements with the US would be signed when Joe Biden becomes the first sitting US president to visit the Pacific nation on 22 May.

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FBI investigation into Trump-Russia collusion relied on shaky intelligence, says John Durham report – live updates

Special counsel also concludes no charges should be brought against the FBI

The Guardian’s Alexandra Villarreal has more on just how Joe Biden is trying to discourage migrants, and why advocacy groups say in this area, he’s not that different from Donald Trump:

Last week, the Biden administration toughened its stance against migration at the US-Mexico border through a new federal regulation that severely restricts access to asylum. This “Circumvention of Lawful Pathways” rule effectively replaces the Title 42 public health order, which Donald Trump introduced ostensibly to stem Covid-19 but has functioned increasingly as an immigration enforcement tool, allowing border officials to quickly expel migrants without the chance to request asylum in the US. Title 42 ended on 11 May.

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Elon Musk subpoenaed over JPMorgan’s role in Jeffrey Epstein’s activities

US Virgin Islands is suing the bank over sex trafficking by Epstein, saying he ‘may have referred or attempted to refer’ Musk as a client

The US Virgin islands subpoenaed billionaire cars-to-rockets entrepreneur Elon Musk on Monday to obtain documents in its litigation into the role played by JPMorgan Chase bank in the activity of the late sex offender Jeffrey Epstein when he was a customer, according to a court filing.

The Virgin Islands government is suing the bank over sex trafficking by Epstein. The Virgin Islands has been trying to serve Musk with a subpoena, the filing noted, adding that Epstein “may have referred or attempted to refer” Musk to JPMorgan as a client.

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Suspect named in baseball bat attack at Democratic congressman’s office

Virginia congressman Gerry Connolly condemns ‘devastating and unconscionable’ assault on two staffers

Police in Virginia on Monday named the suspect in an attack in which two staffers at the district office of a Democratic congressman were assaulted with a metal baseball bat and required hospital treatment.

Xuan Kha Tran Pham, 49, was arrested after the attack at Gerry Connolly’s office in Fairfax. Held without bond, Pham faced charges of malicious wounding and aggravated malicious wounding.

Associated Press contributed to this report

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Rudy Giuliani sued by former assistant alleging sexual assault and harassment

Noelle Dunphy gives graphic descriptions of assault and also accuses former New York mayor of wage theft in 70-page lawsuit

A former associate of Rudy Giuliani sued the former New York mayor, presidential candidate and attorney to Donald Trump for $10m on Monday, alleging “abuses of power, wide-ranging sexual assault and harassment, wage theft and other misconduct” including “alcohol-drenched rants that included sexist, racist and antisemitic remarks”.

Filed in New York state, Noelle Dunphy’s suit includes the allegation that Giuliani “often demanded oral sex while he took phone calls on speaker phone from high-profile friends and clients, including then-President Trump”.

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New Mexico shooting: at least three dead and multiple wounded

Two police officers were among the wounded in the shooting in Farmington, in the north-west of the state

At least three people have been killed and multiple people injured after a shooting in Farmington, New Mexico, where the suspected gunman was killed, police said on Monday.

Farmington is in the north-west of the state, adjacent to the Navajo Nation. Federal agents were responding to the mass shooting, the Bureau of Alcohol, Firearms and Tobacco (ATF) office in Phoenix, Arizona, said on Twitter, as were state and local police.

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FBI accused of failures but key report finds no deep-state plot against Trump

Agency ‘failed to uphold mission of strict fidelity’, special counsel John Durham concludes in investigation launched by Bill Barr

Special counsel John Durham found no evidence that the US justice department and the FBI conspired in a deep-state plot to investigate Donald Trump’s ties to Russia in 2016, though the report released on Monday found that the FBI’s handling of key aspects of the case were deficient.

The Durham report was sharply critical of how the FBI decided to open the counterintelligence investigation into Trump, known as “Crossfire Hurricane”, accusing top officials at the bureau of relying on raw and uncorroborated information to continue the inquiry.

Durham said the FBI was more cautious of allegations of foreign influence when it came to the Clinton campaign, and did not pursue evidence in two cases of foreign governments trying to gain influence with Clinton while providing defensive briefings, unlike with the Trump campaign;

Durham said the FBI was overly reliant on investigative tips from Trump’s political opponents and did not rigorously analyze the information it received, which extended the investigation and led to the appointment of special counsel Robert Mueller to investigate Trump;

Durham said the FBI decided to move ahead with Crossfire Hurricane despite a lack of information from the intelligence community that corroborated the hypothesis on which it was predicated and FBI agents ignored information that exonerated key people in the case;

Durham suggested that Crossfire Hurricane was “triggered” by the so-called Steele dossier, when it was in fact based on a tip from an Australian diplomat in London that a Trump campaign aide appeared to have advance knowledge about Russia releasing damaging information on Clinton.

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Weather tracker: Cyclone Mocha batters Bangladesh and Myanmar

Refugee camps bear brunt of deadly category-5 storm, while temperature divide is expected in North America

Cyclone Mocha brought strong winds and torrential rain to parts of Bangladesh and Myanmar on Sunday, with refugee camps bearing the brunt of the category-5 storm, leaving at least five dead and causing half a million people to be evacuated.

The region was rocked by sustained winds of more than 160mph as Mocha made landfall, whipping up gusts closer to 200mph and a storm surge of up to 4 metres. The world’s largest refugee camp, Cox’s Bazar, was badly hit and more than 1,300 shelters were destroyed. Heavy rain triggered landslides and floods.

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Vice files for bankruptcy protection amid cut-price sale to consortium

Digital publisher and owner of Vice News and Vice TV was once valued at $6bn but has agreed sale for $225m

Vice, the once high-flying media startup that reached a peak valuation of nearly $6bn (£5bn), has filed for bankruptcy protection in the US as the digital publisher engineers a cut-price sale to a group of lenders.

The company, whose assets include Vice News, Motherboard, Refinery29 and Vice TV, has agreed a sale to a consortium that includes Fortress Investment Group, Soros Fund Management and Monroe Capital for $225m in the form of a credit bid for its assets as well as assuming Vice’s “significant liabilities”.

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China jails US citizen for life on espionage charges

Hong Kong resident John Shing Wan Leung was chair of Texas branch of Chinese ‘reunification’ association

A Chinese court has sentenced a 78-year-old US citizen to life in prison on espionage charges.

John Shing Wan Leung, a Hong Kong permanent resident, was detained in April 2021 by Chinese security services. His sentence was announced on Monday by the Suzhou intermediate people’s court on its public WeChat account. No further information about his trial or charges were listed.

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Hertz apologizes after refusing rental car to Puerto Rican customer

A worker at the rental chain demanded to see the American man’s passport, apparently unaware that the island is part of the US

The US rental car giant Hertz has apologized and pledged to retrain its staff after an employee denied a Puerto Rican customer a prepaid vehicle on the mistaken belief that he was from a foreign country and needed a passport.

During the encounter with the customer at New Orleans’s Louis Armstrong international airport, the Hertz employee also called over a law enforcement officer even though Puerto Rico has been a US territory since 1898 and has a (non-voting) member of Congress, according to a stunning report the CBS correspondent David Begnaud published on Twitter and Instagram late Saturday.

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Mem Fox book Guess What? banned in Florida county under Ron DeSantis bill

Agent for bestselling Australian children’s author says she has ‘nothing to say’ about the ban and Duval county ‘is not important’

Bestselling Australian author Mem Fox has become the latest victim of ultra-conservative Florida governor Ron DeSantis, with the writer’s 1988 children’s book Guess What? being banned in the Jacksonville county of Duval.

The book, about a witch called Daisy O’Grady, appears to have fallen foul of Florida’s parental rights in education bill, widely referred to as the “don’t say gay” law, championed by DeSantis, the Republican widely considered to be Donald Trump’s closest rival for the 2024 presidential race.

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‘He didn’t completely break us’: Buffalo grieves mass shooting one year on

Mourners gathered to remember the 10 people killed by a white supremacist last year at the Tops Friendly market

As families across the US celebrated Mother’s Day, several hundred people – including prominent elected officials – gathered at Buffalo’s Jefferson Avenue Tops Friendly market for a different reason: to mark the first anniversary of the day a white supremacist gunman drove several hours to Buffalo’s East Side and murdered 10 people at gunpoint.

People from across New York state, the US and Canada had come to the predominantly Black neighborhood to show support after the shooting. And Sunday was no different as speakers hailed Buffalo residents’ resilience 12 months on from the mass killing that left their city bereaved.

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