Category Archives: O’Connor & Company

What’s next for Hunter Biden after his conviction on federal gun charges

What’s next for Hunter Biden after his conviction on federal gun charges

WILMINGTON, Del. (AP) — Hunter Biden’s legal woes are not over after his conviction on three felony firearms charges in a trial that put a spotlight on his drug-fueled past. Now, President Joe Biden’s son faces sentencing, and another criminal trial on tax charges in the middle of his father’s reelection campaign. Jurors found Hunter Biden guilty on Tuesday…Read more

First Republic Bank Seized, Sold in Fire Sale to JPMorgan

First Republic Bank Seized, Sold in Fire Sale to JPMorgan

Regulators seized troubled First Republic Bank early Monday, making it the second-largest bank failure in U.S. history, and promptly sold all of its deposits and most of its assets to JPMorgan Chase in a bid to end the turmoil that has raised questions about the health of the U.S. banking system.Read more

Fox News Ousts Tucker Carlson, its Most Popular Host

Fox News Ousts Tucker Carlson, its Most Popular Host

Fox News on Monday ousted prime-time host Tucker Carlson, whose stew of grievances and political theories about Russia and the Jan. 6 insurrection had grown to define the network in recent years and make him an influential force in GOP politics.Read more

Trump, Facing Potential Indictment, Holds Defiant Waco Rally

Trump, Facing Potential Indictment, Holds Defiant Waco Rally

Facing a potential indictment, Donald Trump took a defiant stance at a rally Saturday in Waco, disparaging the prosecutors investigating him and predicting his vindication as he rallied supporters in a city made famous by deadly resistance against law enforcement.Read more

Maryland Lawmakers Reach Crossover Deadline in Session

Maryland Lawmakers Reach Crossover Deadline in Session

The Maryland General Assembly headed into the last three weeks of its annual legislative session on Monday, advancing legislation on its deadline known as “crossover day.” That’s when bills need to be approved by one chamber and sent over to the next, or else face a greater challenge to passage.Read more

Yellen to Tell Congress US Banking System ‘Remains Sound’

Yellen to Tell Congress US Banking System ‘Remains Sound’

A week after the second-largest bank collapse in U.S. history, Treasury Secretary Janet Yellen is set to tell the Senate Finance Committee that the nation’s banking system “remains sound” and Americans “can feel confident” about their deposits.Read more

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Category Archives: O’Connor & Company

Israeli defense chief says a temporary truce with Hamas is possible. Ending the war is another story

Israeli defense chief says a temporary truce with Hamas is possible. Ending the war is another story

TEL AVIV, Israel (AP) — Israel’s defense minister says the window is closing on an opportunity to reach a temporary cease-fire deal with the Hamas militant group that he believes could also bring calm to the country’s volatile northern border with Lebanon.

Speaking to reporters, Yoav Gallant said that conditions are ripe for at least a six-week pause in fighting that would include the release of many of the hostages held in Gaza. However, he would not commit to a permanent end to the fighting, as Hamas has demanded, raising questions about the feasibility of a deal.

“Israel should achieve an agreement that will bring about a pause for six weeks and bring back hostages,” he said. After that period, he said, “we maintain the right to operate and achieve our goals — including the destruction of Hamas.”

The United States, along with mediators Egypt and Qatar, has been working for months to broker a cease-fire to end the devastating war between Israel and Hamas. A main area of disagreement has been Hamas’ demand for an end to the nearly year-old war and a full withdrawal of all Israeli troops from the Gaza Strip.

Israeli Prime Minister Benjamin Netanyahu has raised a new sticking point in recent weeks, saying that Israel must remain stationed in a strategic corridor along Gaza’s border with Egypt indefinitely.

Gallant has been quoted in Israeli media as saying that Israel could withdraw from the corridor for six weeks — to allow hostages to go free without risking Israel’s security. The two men reportedly got into a heated shouting match at a recent Cabinet meeting where ministers overwhelmingly sided with Netanyahu.

During Monday’s meeting with foreign journalists, Gallant was asked about his relationship with the prime minister.

“As defense minister, my first priority is the state of Israel and those who protect her, and then everything else,” he said.

The current U.S.-led proposal calls for a three-phase plan, beginning with a six-week pause in fighting during which Hamas would release some of the roughly 70 hostages who are still believed to be alive and held by the militants.

In exchange, Israel would free dozens of Palestinian prisoners, withdraw troops from Palestinian population centers, allow displaced Gazans to return to their original place of residence and facilitate the influx of large amounts of badly needed humanitarian aid.

White House national security spokesman John Kirby said on Monday that Hamas had sought changes to the evolving proposal, calling it the “main obstacle” to a deal. Hamas rejected Kirby’s allegations as “baseless” and again accused the U.S. of hindering an agreement by siding with Israel.

Gallant cast doubt on Hamas’ intentions and was skeptical about whether the deal’s second phase — which is to include the release of the remaining hostages and a complete halt to the fighting — could be implemented.

He said repeatedly that Israel remains committed to its “war goals” — bringing home all hostages, destroying Hamas’ military and governing capabilities, and making sure the group can never threaten Israel again.

With Hamas repeatedly regrouping in areas of Gaza that Israeli troops have left, and with no plan for an alternative postwar government, it remains unclear when or if these goals can be fully achieved.

Gallant accused Hamas of intransigence in the talks and called for more international pressure on the militant group. Still, he said that after inflicting heavy damage recently on Hamas in Gaza and Hezbollah militants in Lebanon, there is an opportunity for at least the first phase of the deal.

He said he believed a truce with Hamas could also lower tensions with Hezbollah and allow displaced Israelis to return to their homes in northern Israel, near the Lebanese border.

Hezbollah began striking Israel immediately after Hamas’ Oct. 7 attack ignited the war. Israel and Hezbollah have exchanged cross-border fire daily, coming close on several occasions to a full-blown war. The fighting has forced tens of thousands of Israelis and Lebanese to flee their homes near the volatile border.

“Achieving an agreement is also a strategic opportunity that gives us a high chance to change the security situation on all fronts,” Gallant said.

It seems unlikely that Hamas would accept a partial deal in which it would give up the hostages — its most valuable bargaining chips for only a brief pause in the Israeli onslaught.

But international mediators have been working on a bridging proposal that they hope could meet the demands of all sides. President Joe Biden said last week he was “optimistic” that a deal was within reach.

At home, the Israeli government faces significant domestic pressure to reach a deal as well, particularly after the deaths of six hostages it says were killed by their Hamas captors earlier this month as troops approached the area where they were being held.

Gallant described the current situation as a “strategic junction” — where Israel can reach a deal with its adversaries or risk fighting a broader war that could draw in Hezbollah and its sponsor Iran.

Gallant said he prefers a deal, but that Israel is ready for all scenarios. “We are capable of defending ourselves and we can also retaliate if necessary,” he said. “We have the ability to hit any strategic goal in Iran.”

Israel’s offensive in Gaza has forced hundreds of thousands of people into squalid tent camps and schools-turned-shelters, gutted the health system and contributed to widespread hunger. Israel has been working with international aid workers in recent weeks on a mass vaccination program to prevent a polio outbreak in the territory from spreading.

As for the dire humanitarian situation, Gallant said he has assembled an advisory group of experts to focus on five areas of need. They include improved medical care, aid deliveries, energy, water and sanitation and better communications with aid workers.

“We discuss and hold situation assessments on this issue twice a week,” he said.

What’s next for Hunter Biden after his conviction on federal gun charges

What’s next for Hunter Biden after his conviction on federal gun charges

WILMINGTON, Del. (AP) — Hunter Biden’s legal woes are not over after his conviction on three felony firearms charges in a trial that put a spotlight on his drug-fueled past. Now, President Joe Biden’s son faces sentencing, and another criminal trial on tax charges in the middle of his father’s reelection campaign. Jurors found Hunter Biden guilty on Tuesday…Continue Reading

Tim Scott, a potential Trump VP pick, launches a $14 million outreach effort to minority voters

Tim Scott, a potential Trump VP pick, launches a $14 million outreach effort to minority voters

WASHINGTON (AP) — A top ally and potential running mate of former President Donald Trump is launching a new effort to win over Black and other nonwhite working class voters he argues could be the deciding factor in November’s elections. South Carolina Sen. Tim Scott, the only Black Republican in the Senate, will lead a $14 million campaign…Continue Reading

First Republic Bank Seized, Sold in Fire Sale to JPMorgan

First Republic Bank Seized, Sold in Fire Sale to JPMorgan

Regulators seized troubled First Republic Bank early Monday, making it the second-largest bank failure in U.S. history, and promptly sold all of its deposits and most of its assets to JPMorgan Chase in a bid to end the turmoil that has raised questions about the health of the U.S. banking system.Continue Reading

Trump, Facing Potential Indictment, Holds Defiant Waco Rally

Trump, Facing Potential Indictment, Holds Defiant Waco Rally

Facing a potential indictment, Donald Trump took a defiant stance at a rally Saturday in Waco, disparaging the prosecutors investigating him and predicting his vindication as he rallied supporters in a city made famous by deadly resistance against law enforcement.Continue Reading

Maryland Lawmakers Reach Crossover Deadline in Session

Maryland Lawmakers Reach Crossover Deadline in Session

The Maryland General Assembly headed into the last three weeks of its annual legislative session on Monday, advancing legislation on its deadline known as “crossover day.” That’s when bills need to be approved by one chamber and sent over to the next, or else face a greater challenge to passage.Continue Reading

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