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Recent Editions
Risk Channel
North America
President Donald Trump remarked on the recent departure of over 10,000 federal lawyers, stating it is “very good” for the administration. He referred to a New York Times report highlighting that many lawyers are moving to Democratic state attorneys general and nonprofits opposing his policies. Trump criticized the media portrayal of this exodus, claiming: “The people that are leaving are Radical Left Deep State Lunatics.” He expressed support for those leaving, wishing them “bigger, better, and brighter” opportunities. The report noted a 17% reduction in federal lawyers since 2024, with significant losses in the Department of Education and HUD. Former HUD lawyer Erik Heins emphasized that the lack of lawyers hampers the administration's ability to function effectively. White House spokesperson Abigail Jackson stated the administration is committed to hiring qualified individuals dedicated to public service.
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Risk Channel
UK/Europe
OpenAI has granted nine major UK banks access to its cyber security AI tool, GPT-5.5 Cyber. The move comes as Anthropic's rival tool, Claude Mythos, remains inaccessible to UK banks. Both AI models excel at identifying security vulnerabilities in digital systems. George Osborne, a former Tory chancellor and now a senior executive at OpenAI, commented: "The key things with these tools is that they need to be in the hands of the right people." The banks gaining access include Lloyds Banking Group, HSBC, and Nationwide. NatWest and Santander already have access under existing agreements.
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