Latest / Washington Post / 5.6.25
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- 0:01Speaker 1: Welcome to the reading of the Washington Post for Tuesday,
- 0:04May sixth, twenty twenty five. As a reminder, Radio I
- 0:08is a reading service intended for people who are blind
- 0:12or have other disabilities that make it difficult to read
- 0:15printed material. Your reader for today is Cindy Fraser. Today's
- 0:20front page headlines from The Washington Post are NFL draft
- 0:24could draw one million to d C leaders, say Goodell.
- 0:29Harris Bowser joined Trump to celebrate city hosting twenty twenty
- 0:33seven event. Our next headline Israel to seize parts of Gaza.
- 0:39Civilians would be relocated. Plan calls for aid hubs indefinite
- 0:44military control. Next. Texas poised to increase control over universities.
- 0:51Outcome of bill could reverberate for higher education nationwide. Our
- 0:56next headline A contracting economy Squeezing US housing tariffs make
- 1:02building more costly, Mortgage rates likely to stay high. The
- 1:06next headline Post wins Pulitzers for breaking news cartoons, top
- 1:12honors for reporting on assassination attempt, Tilney's commentary, and the
- 1:17final headline from to day's front page open AI Scrap's
- 1:22planned to become for profit firm Elon Musk had criticized
- 1:26the restructuring move and sued to block it. Now, let's
- 1:31turn to our first item, entitled NFL Draft could draw
- 1:35one million to d C. Leaders say Goodell, Harris, Bowser
- 1:41joined Trump to celebrate city hosting twenty twenty seven event
- 1:45by Nikki job Valla and Mark Mask. NFL Commissioner Roger Goodell,
- 1:51Washington Commander's owner Josh Harris, and d C Mayor Muriel Bowser,
- 1:56a Democrat, gathered Monday for an official announcement that the
- 1:59n NFL Draft will be held in d C in
- 2:02the spring of twenty twenty seven, an event they said
- 2:06could bring more than a million people to the National
- 2:09Mall and continue the resurgence of the city's pro football franchise.
- 2:14What might have been a straightforward proclamation involving the NFL's
- 2:18top executive, a billionaire team owner, and a triumphant politician,
- 2:22though was hosted by President Donald Trump in the Oval Office,
- 2:27leaving Goadell, Harris and Bowser to wait through questions on
- 2:31movie Terrace, Trump's desire to reopen a federal penitentiary on Alcatraz,
- 2:36and the reaction to an image posted on his tooth
- 2:38social account of him dressed as the Pope. Before and
- 2:43after those questions, Trump and the others celebrated news that
- 2:47reflected Bowser's view of her city as a sports capital
- 2:50and Trump's vision of the district as a staging ground
- 2:53for grand events, from a military parade commemorating the U. S.
- 2:58Army's two hundred fiftieth birthday to the biggest off season
- 3:01event on the NFL's calendar. It's going to be beautiful,
- 3:05Trump said, It's going to be something that nobody else
- 3:08will ever be able to duplicate. I don't suspect. Harris
- 3:12said he believes hosting the twenty twenty seven NFL Draft
- 3:16in d C, along with his plans of building a
- 3:18new stadium on the side of the dilapidated RFK Stadium,
- 3:22will not only boost the significance of football in the district,
- 3:26but shatter attendance and viewership records for one of the
- 3:29league's annual ten pole events. I'm hoping we break one
- 3:34million in terms of the visitors, Harris told The Washington
- 3:37Post in a video conference call Monday, comments Goodell later echoed,
- 3:42we believe we will have over a million when we
- 3:44come here to d C in twenty twenty seven, Goodell
- 3:47said at the White House. So we not only believe
- 3:50it's a great site, we believe it's consistent with what
- 3:54the President said, which is investing in our communities, investing
- 3:58specifically here in the nation's case capital. It will be
- 4:01something that will show the world how far the nation's
- 4:04capital has come and where it's going. Monday's announcement came
- 4:09a week after Harrison Goodell joined Bowser at the National
- 4:12Press Club to announce a three point seven billion dollar
- 4:16deal between DC and the Commanders to build a sixty
- 4:20five thousand seat stadium on the banks of the Anacostia River.
- 4:25We believe in investing in sports because they have helped
- 4:28us transform neighborhoods and the NFL. Bringing this event to
- 4:32the nation's capital will help us fill hotel rooms and
- 4:36our restaurants, Bowser said at the White House, and Americans
- 4:40from all fifty states will come to their nation's capital
- 4:44and enjoy our beautiful city and museums. A vocal Trump
- 4:48critic during the president's first term, Bowser has taken a
- 4:52less confrontational approach since he returned to power, even as
- 4:56she has been outspoken about how cuts to the federal
- 4:59world will damage DC's economy. She said earlier Monday that
- 5:04she was eager to use some time with Trump to
- 5:07talk about advancing d c's goals, among other issues. A
- 5:11GOP controlled Congress has imposed a one billion dollar budget
- 5:15cut on the district this year through a stop gap
- 5:18spending bill, something the city has been lobbying lawmakers to reverse.
- 5:23Trump has weighed in on the city's behalf, urging House
- 5:26Speaker Mike Johnson, Republican from Louisiana, to pass a fix,
- 5:31but Johnson has yet to bring it to the floor.
- 5:34The planning for the twenty twenty seven draft, meanwhile, has
- 5:37been more than a year in the making and remains
- 5:40in progress. The formal permitting process with a National Park
- 5:44Service for the NFL to hold the draft on the
- 5:46Mall remains pending, an event there cannot be officially approved
- 5:50for permitting more than a year in advance. However, a
- 5:54person familiar with the planning for the draft said the
- 5:57NFL believes it has strong federal support for the permit
- 6:01and as confident that it will receive it. Peter O'Reilly,
- 6:05the NFL's executive vice president for League events, expressed similar
- 6:09sentiments We feel confidence, obviously with the support we have
- 6:13at the federal level, the great working relationship and planning
- 6:17we've done with the National Park Service, O'Reilly said by
- 6:20phone Monday. It's obviously important for them and for us,
- 6:24given the scale and scope of the draft, to have
- 6:27now a full two year runway leading up to the draft.
- 6:31O'Reilly said the plans for staging the draft could evolve
- 6:34a bit over time. For now, they include having the
- 6:37main stage sit on the National Mall in front of
- 6:40the Capitol on Fourth Street between Jefferson and Madison Drives,
- 6:44near the National Gallery of Art and the National Air
- 6:46and Space Museum. The view from the stage, where the
- 6:49names of more than two hundred NFL prospects will be announced,
- 6:53will be of the Washington Monument. The backstage area would
- 6:57be on Third Street between Jefferson and Madison and the
- 7:00NFL's Draft Experience. The league's expansive fan festival would largely
- 7:05be on Pennsylvania Avenue between Fourth and Seventh Streets, but
- 7:09that core, free accessible fan viewing area will be on
- 7:13the Mall, O'Reilly said. He added that more than twenty
- 7:17NFL cities have expressed interest in hosting a future draft.
- 7:21Should the twenty twenty seven draft turn out meet the
- 7:24expectations of Harris and Goodell, it would top the estimated
- 7:28crowd of seven hundred seventy five thousand that attended the
- 7:31twenty twenty four draft in Detroit and reflect the league's
- 7:35almost nonexistent saturation point. If there is football or anything
- 7:40related to it, people will come and watch. I do
- 7:45think there's the potential for a really, really sizeable, perhaps
- 7:49record breaking crowds in d C, O'Reilly said, because of
- 7:53the great footprint, because of how accessible it is, and
- 7:56because of what I think will be that real convergence
- 8:00fans from across the East Coast to d C. Obviously
- 8:04great throngs of Commander's fans, with others joining as well.
- 8:08The twenty twenty four draft generated two hundred thirteen point
- 8:12six million dollars in economic impact to the city of Detroit,
- 8:15according to Visit Detroit and the Detroit Sports Commission. The
- 8:20record economic impact is believed to be two hundred thirty
- 8:24six million dollars set by Las Vegas with the twenty
- 8:27twenty two draft. Last month's three day draft in Green Bay,
- 8:31Wisconsin to an estimated six hundred thousand, nearly six times
- 8:35the city's population, and included two hundred twenty thousand. On
- 8:40the final day, about one thousand, eight hundred media members
- 8:44were on hand to cover the proceedings, and broadcast coverage
- 8:47of the opening night of the draft drew thirteen point
- 8:50six million viewers. Monday's announcement was accumulation of nearly two
- 8:56years behind the scenes organizing by the NFL, DC, the Officials,
- 9:00the National Park Service, which manages the National Mall and
- 9:04Washington Monument, and the Commander's ownership. The effort began in earnest,
- 9:09when Harris and his group of twenty limited partners purchased
- 9:12the Commanders from Daniel Snyder for six point oh five
- 9:16billion dollars in twenty twenty three, setting the stage for
- 9:19a rebuild that unfolded in only twenty one months. In
- 9:24the fall of twenty twenty three, a delegation from the
- 9:27NFL visited d C to assass the area's potential for
- 9:30hosting a future draft. Multiple people with knowledge of the
- 9:34visits said representatives from Events, d C, the Convention and
- 9:39Sports Authority for the district, and NPS were in discussion
- 9:43with NFL executives for months about the possibility of holding
- 9:47the three day event in the district. According to emails
- 9:50and documents obtained through a Freedom of Information Act request
- 9:54to the NPS, they called the effort Project Breeze. Local
- 9:59officials essentially revived details from d c's previous bid to
- 10:03host a draft in twenty twenty four to kickstart conversations
- 10:07with the league about twenty twenty seven. Some of those
- 10:10connected to the twenty twenty seven bid speculated that d
- 10:13C probably would have landed an earlier NFL draft if
- 10:17not for the controversies that surrounded Snyder, the team's former owner.
- 10:22When I became aware of it, we really jumped on it,
- 10:25Harris said on the video call we got with the NFL.
- 10:28We spoke to them, and they were oriented toward doing
- 10:31something in DC for obvious reasons, because the DC showcase
- 10:36for the NFL is amazingly important. The last time the
- 10:41NFL Draft was held in Washington at the Willard Hotel
- 10:44on December tenth, nineteen forty The league had only ten
- 10:48teams and the draft was twenty two rounds. The last
- 10:52time the league, in its more modern construction, held a
- 10:55national event in d C was in two thousand and three,
- 10:58when it held a season kick off event for fans
- 11:01on the National Mall in conjunction with Washington's season opener
- 11:05against the New York Jets that year. The Washington Commanders
- 11:09are obviously a really important historic franchise in our league,
- 11:13position in the nation's capital, which is so important for
- 11:16our game to have a strong, stable franchise there. O'Reilly said,
- 11:21we think it will be another opportunity to raise the
- 11:24bar on this event. It points to the importance of
- 11:27this market and all of the great momentum in this
- 11:30market right now. Harris, a private equity investor, has moved
- 11:35quickly to return the Commanders to prominence since he purchased
- 11:38the franchise for a then record price after the team
- 11:42finished four and thirteen in his first season as a
- 11:45principal owner. The Commanders went twelve and five last season,
- 11:50falling in the ANNSC Championship Game to the eventual Super
- 11:53Bowl champion Philadelphia Eagles. Nearly every facet of the organization
- 11:58has been overhauled and its facilities upgraded with an eye
- 12:02on the future. On Monday, Harris shared memories of the
- 12:06team during his childhood when d C used to stop
- 12:10and everyone would be inside watching football or at the stadium.
- 12:14I believe we'll get over a million people at the draft,
- 12:18and it's going to be an amazing day, he said
- 12:21during the Oval Office announcement. It'll showcase what Washington's all about.
- 12:26Then he lauded Trump told the President to personalize Washington
- 12:30Commander's jersey was on his desk and stood behind the
- 12:33lectern as Trump shared his hopes for the future of Alcatraz.
- 12:37Jenny Gathright contributed to this report. The next item from
- 12:41to Day's from page is entitled Israel to seize parts
- 12:45of Gaza, Civilians would be relocated. Plan calls for aid hubs,
- 12:50indefinite military control by Jerry she Karen de Young, Leoris Rocca,
- 12:56and Claire Parker from Jerusalem. Rime Minister Benjamin Netanyahu on
- 13:02Monday described quote intensified operations in Gaza, including a massive
- 13:07relocation of the Palestinian population and indefinite Israeli military quote
- 13:12control of large swaths of the enclay, setting a new
- 13:16direction in strategy and raising the question of whether Israel
- 13:20is inching toward the long term reoccupation of the enclave.
- 13:24The plan unanimously approved in a meeting of NET and
- 13:27Yahoo's security Cabinet Sunday night will require tens of thousands
- 13:32of reservists to be called up in the coming weeks.
- 13:35Palestinian civilians living in areas of northern and southern Gaza
- 13:39would be displaced and confined within quote sterile zones secured
- 13:44by elements of the Israel Defense Forces, while other troops
- 13:47would continue efforts to rue de al Hamas fighters and
- 13:50destroy their tunnels. The zones, under a separate cabinet decision
- 13:55would include new hubs built by Israel and protected by
- 13:59usc DA security contractors, from which humanitarian aid would be
- 14:03distributed to Palestinians, though only those designated and vetted by Israel.
- 14:09Net Nyahu's government has banned all humanitarian assistants from entering
- 14:14Gaza since early March, leading to what the United Nations
- 14:18has called near starvation conditions. Israeli officials indicated that urgent
- 14:24implementation of both plans is tied to the visit of
- 14:27President Donald Trump to Saudi Arabia, Cutter and the United
- 14:31Arab Emirates scheduled to begin May thirteenth. Officials described the
- 14:36four day trip as a window of opportunity for agreement
- 14:39on the fifty day ceasefire and hostage release proposed by
- 14:43Trump Middle East Envoy Steve Whitcock. Hamas has rejected the
- 14:48proposal unless Israel agrees to terms of an eventual withdrawal
- 14:52from Gaza and an end to the war. Net Nyahu's
- 14:56government has refused at demand, saying that Hamas must be destroyed.
- 15:02As Monday by reporters at the White House if he
- 15:05supported Israel's decision to expand the war, Trump did not
- 15:08respond directly, saying only that people are starving and were
- 15:12going to help them get some food. He echoed Israeli
- 15:16charges denied by AID organization that Hamas was responsible for
- 15:21quote taking everything that's being brought in. Brian Hughes, a
- 15:26spokesman for Trump's National Security Council, said that the President
- 15:30has made clear the consequences Hamas will face if it
- 15:33continues to hold hostages, including American Eden Alexander and the
- 15:38bodies of four Americans. Alexander is one of up to
- 15:42twenty four hostages believed to still be alive inside Gaza.
- 15:47In a video statement released Monday, net Nyahu said the
- 15:50ideaff will no longer enter and then withdraw from combat
- 15:54zones in Gaza, as it has in the past, a
- 15:57strategy that allowed Hamas to move back into cleared areas.
- 16:02We're not doing that anymore. That's not the intention, Natanyahu said.
- 16:06The intention is the opposite. In Israel, announcement of the
- 16:11new plan immediately sparked a furious debate over whether it
- 16:15set Israel on a course to eventually conquer at right,
- 16:19or even administer the entire strip that has been a
- 16:23long standing demand of not just nat Nyaho's far right
- 16:27political allies who hope to expel Palestinian residents to far
- 16:31away countries and re establish Jewish settlements, but also an
- 16:35idea favored by military hardliners who argue that a complete
- 16:39takeover of Gaza and an extended counterinsurgency operation are the
- 16:44only way to achieve Natnyahu's stated goal of eliminating Hamas.
- 16:50The implications could be adrift without any formal decision into
- 16:55a de facto situation of occupying the Gaza Strip and
- 16:59taking responsibility for the fate of two million Palestinians, with
- 17:04all the consequences that entails both for Israel's international standing,
- 17:09its economic situation, and for the IDF said over chalais,
- 17:14a former lawmaker who is now a researcher at the
- 17:17Institute for National Security Studies in Tel Aviv. The IDF
- 17:21can always withdraw, as has happened before, but the chances
- 17:25of such an agreement are decreasing. For months, Israeli leaders
- 17:30have debated the option of launching a full scale conquest
- 17:33of Gaza that would require at least sixty thousand troops,
- 17:38according to a former official directly involved in the planning,
- 17:42but some military commanders resisted that scenario, saying that the
- 17:46IDF lacks the personnel to conquer and control all of
- 17:50Gaza and that a full scale invasion would endanger the
- 17:53lives of the remaining hostages, a politically explosive issue in Israel.
- 17:58The former official set the plan approved on Sunday was
- 18:02more limited and represents a gradual approach that would require
- 18:07far fewer than sixty thousand soldiers and stop short of
- 18:10seizing the entire strip, according to current and former Israeli
- 18:14officials familiar with the plan, who, like others in this story,
- 18:18spoke on the condition of anonymity about the sensitive issue.
- 18:23The plan was condemned by the hostage Family's Forum, which
- 18:26represents the majority of relatives of those held in Gaza.
- 18:30The government admitted this morning that it is choosing territory
- 18:34over hostages, and this is against the will of over
- 18:38seventy percent of the people, the family said in his statement,
- 18:41referring to polls that show the majority of Israeli's favor
- 18:45a deal to recover all hostages, even if it means
- 18:49ending the war before Hamas's total defeat. But on Monday,
- 18:54Netnyahu's finance minister, the settler leader Vesleel Smoltrich, said conquering
- 18:59all the Gaza should be the war's primary objective. There
- 19:03will be no retreat from the territories we have conquered,
- 19:06not even in exchange for hostages, Smotridge said at a
- 19:10conference in Jerusalem. Once we stay in Gaza, we can
- 19:13talk about declaring sovereignty immediately. Opposition leaders warned that the
- 19:19new strategy was paving the way for the annexation of Gaza,
- 19:22advocated by Smotrich and his far right ally National Security
- 19:26Minister Itamar ben Gevir, who support nat Yahu, needs to
- 19:31prevent his governing coalition from collapsing. This is no longer
- 19:35a temporary operation, but a move that prepares for a
- 19:39permanent presence in the area. Part of making ben Gevere
- 19:43and Smotridge's fantasies into reality, Saidiegolan, the leader of the
- 19:47left leaning Democrats party and a retired IDF general. The
- 19:52de facto occupation of the Gaza Strip in the name
- 19:55of survival of the government will cost us blood in
- 19:58the lives of the hostages, in soldiers lives, through exhaustion,
- 20:03and most importantly, through losing our way. The Trump administration
- 20:08has been reluctant to be seen as backing Israel's plans
- 20:11as a president has turned his attention to Persian Gulf countries,
- 20:14where he hopes to conclude trade, investment, and defense agreements.
- 20:19The administration is involved only to the extent that the
- 20:22president does not wish to be seen as a loser
- 20:24on an issue that he declared he would resolve, said
- 20:27a person familiar with the deliberations. He wants it resolved
- 20:30by the time he is in the region, and Trump's
- 20:33interest now is in not having an embarrassment, this person said,
- 20:37adding that the path to deals in the Gulf lies
- 20:40through not having this bleeding sore of Gaza. The participation
- 20:44of at least some humanitarian organizations is seen as essential
- 20:48to aid distribution under the Israeli plan, but most of
- 20:52those groups operating inside Gaza have coalesced a round his
- 20:56statement from the UN Assistance Coordination Body issued Sunday, refusing
- 21:01to participate in any scheme that does not adhere to
- 21:04the global humanitarian principles of humanity, impartiality, independence and neutrality.
- 21:12Some have withheld individual statements rejecting the aid plan while
- 21:16awaiting an announcement on its implementation, but have criticized it
- 21:19as grossly insufficient to the need and called it discriminatory
- 21:24and illegal under international humanitarian law. A spokesperson for the
- 21:29International Committee of the Red Cross noted Israel has an
- 21:33obligation to use all means available to ensure that the
- 21:36basic needs of the civilian population under its control are met.
- 21:41Moving aid in defensed, supervised spaces under military or private
- 21:46contractor control recalls some of the darkest chapters of human failure,
- 21:51said Bouscha Khalidi, West Bank policy leader for ox FAN.
- 21:55That's not protection, that's coercion. We would never support any
- 22:00model that would be treating civilians basically as prisoners. The
- 22:05next item for to Day's from page is entitled Texas
- 22:09poised to increase control over universities. Outcome of bill could
- 22:14reverberate for higher education nationwide. By Molly Hennessy Fisk. A
- 22:20bruising battle over academic freedom is being waged in Texas,
- 22:24where the legislature is poised to give the state power
- 22:27to screen faculty, programs and courses in one of the
- 22:31country's largest public university systems. An expert say the outcome
- 22:36could reverberate for higher education nationwide. Conservative lawmakers, who control
- 22:42all levers of the state government, are advancing a measure
- 22:45they say would hold institutions more accountable and insure curriculum
- 22:49is quote free from ideological bias. Faculty could be removed
- 22:55or face civil penalties for violations. Schools that fail to
- 22:59comply could be barred from spending state funds. Higher education
- 23:04should be about teaching students how to think, not what
- 23:07to think, Lieutenant Governor Dan Patrick, Republican said. The twenty
- 23:12seven page omnibus bill, which would rate academic programs based
- 23:16on average student debt and return on investment for students,
- 23:20has already passed the state Senate. A House committee is
- 23:23expected to consider a version of Senate Bill thirty seven
- 23:27on Tuesday. If the Chamber also proves the measure, Governor
- 23:31Greg Abbott, a Republican, is expected to sign it into law.
- 23:36Opponents say the result would essentially be a takeover of
- 23:39the state's one hundred and twenty six public universities, community
- 23:43college districts, and medical schools, with state officials even allowed
- 23:47to overturn hiring decisions. They fear it could damage the
- 23:51institution's reputations and lead to a faculty brain drain. It's
- 23:56a concentration of power and government, said Brian Evans, president
- 24:00of the Texas Conference of the American Association of University Professors.
- 24:04He testified against the legislation in March, contending that it
- 24:08will infringe on students freedom to learn and teacher's ability
- 24:12to teach. The Senate vote that followed, along party lines,
- 24:17was twenty to eleven in favor. State takeovers are nothing
- 24:21new here. Republican leaders have used them in recent years
- 24:24to fight blue cities policies in elections and k through
- 24:28twelve schools, but this is the first power grab at
- 24:31the college level, and higher education experts elsewhere are watching closely.
- 24:37Its impact would be huge, affecting eighty thousand faculty and
- 24:41one point four million students. Texas boasts sixteen top tier
- 24:45research universities, more than any other state. Its flagship institution,
- 24:51the University of Texas at Austin, has the biggest endowment
- 24:55of any public university in the country. Texas A and
- 24:58M University boasts the biggest enrollment. Texas being such a
- 25:03large state. If it takes action, you're definitely going to
- 25:06see other states getting interested, said Neil Hutchins, a higher
- 25:10education professor at the University of Kentucky who has been
- 25:13tracking the bill. Even among those at the forefront of
- 25:17efforts to police what's taught at colleges and universities, he added,
- 25:21Senate Bill thirty seven is pushing the envelope. The bill
- 25:25comes amid President Donald Trump's broader war on higher education.
- 25:29In recent weeks, he issued executive orders banning diversity, equity
- 25:33and Inclusion or DEI efforts on campuses, blocking federal dollars
- 25:38to schools that do not comply, and up ending what
- 25:41is required for accreditation. He has focused mostly on elite
- 25:45private universities, including a high profile legal battle with Harvard,
- 25:50and while his administration published a list of sixty colleges
- 25:54and universities, public and private under investigation for ledged civil
- 25:58rights violations stemming from pro Palestinian demonstrations. No Texas schools
- 26:04were cited. One possible explanation is that state leaders were
- 26:08already several steps ahead in cracking down. When students protested
- 26:13at u T Austin last year over the Israel Gaza War,
- 26:17the governor sent one hundred troopers in riot gear to
- 26:20make arrests with local police. Legislators banned DEI offices and
- 26:25programs of public universities two years ago, forcing the closure
- 26:28of dozens of multicultural and LGBTQ campus centers. Senator Brandon Creighton,
- 26:35a Republican from north of Houston, said he sponsored the
- 26:38DEI ban and the current bill to make state schools
- 26:41more transparent and responsible to Texans. After the ban took effect,
- 26:47hidden camera recording surfaced of staff at some schools discussing
- 26:50how to skirt it. Strong oversight is essential to keeping
- 26:54Texas universities at the forefront of the education and innovation,
- 26:58Creighton said in a statement that spring, with taxpayer dollars
- 27:02and students' futures at stake, universities must operate with accountability.
- 27:08His new proposal aims to decrease the power of faculty senates,
- 27:12requiring that half of their members be appointed by school presidents.
- 27:16All would be term limited, advisory only, and removable by
- 27:20top administrators. For political advocacy, Faculty senates have operated behind
- 27:26closed doors, steering curriculum decisions, influencing institutional policy, issuing political
- 27:33statements to divest from Israel, and even organizing votes of
- 27:37no confidence that undermine public trust. Creighton's statement continued. Another
- 27:42provision would give the Texas Higher Education Coordinating Board, composed
- 27:47of none gubernatorial appointees, the ultimate say in faculty and
- 27:51academic screening. The board would pay special attention to school's
- 27:56required core curriculum to ensure they do not require or
- 28:00or attempt to require a student to adopt a belief
- 28:03that any race, sex, or ethnicity, or social, political, or
- 28:07religious belief is inherently superior. Complaints lodged against professors would
- 28:12be investigated by a new state ombudsman and the Attorney General.
- 28:17Currently Ken Paxton, a Republican an ultra conservative Trump ally.
- 28:22Angie hill Price, speaker of the Faculty Senate at Texas
- 28:25A and M, defended its work which he testified against
- 28:29the measure in March. I am very concerned how this
- 28:33bill will impact us, because we're not broken, she said
- 28:37during floridabate in Austin last month. Senator Molly Cook condemned
- 28:41what would be expanded state power to eliminate courses as censorship.
- 28:47I've got constituents reaching out to me saying this is
- 28:50the death of higher ed, said Cook, a Democrat from
- 28:54Houston and a ut graduate Creighton who also graduated from
- 28:59ut dis insisting state officials would regulate courses to ensure
- 29:04that students are well rounded and equipped with skills necessary
- 29:07to be successful in the workforce. Other states have recently
- 29:11enacted laws that rein in various aspects of academia at
- 29:15public colleges. A new Indiana statute limits the power of
- 29:19faculty senates and when in Ohio restricts how faculty teach
- 29:24and bans faculty strikes. In Utah, legislators required faculty training
- 29:29in academic freedom and mandated that Utah State University create
- 29:34a Center for Civic Excellence to oversee a revised core
- 29:38curriculum focused on the Western Canon. Florida tried to prohibit
- 29:42schools from teaching concepts related to race, gender, and social privilege,
- 29:47but the law was partially blocked by courts no state rivals.
- 29:51The extreme degree of control being contemplated in Texas, according
- 29:55to Peter Lake, a law professor at Stutson University in Florida, Texas,
- 30:00is as broad reaching a legislative endeavor as we've seen,
- 30:04he said, and combined with Trump's attacks on higher education,
- 30:08the legislation is likely to embolden red states to experiment
- 30:12with even more control over institutional autonomy write down to
- 30:16curriculum hiring and firing, tenure, curriculum review. A spokesman for
- 30:21the governor didn't answer directly when asked if Abbot would
- 30:25sign the measure, but cited his State of the State
- 30:27address in February, when he called on public universities to
- 30:31be more accountable. College professors have increasingly pushed walk agendas.
- 30:36They have too much influence over who is hired to
- 30:39educate our kids, Abbot said in the address, insisting the
- 30:42state should expand the ban on d e I and
- 30:45our public universities. We must purge it from every corner
- 30:49of our schools and return the focus to merit. Hutchins
- 30:54the University of Kentucky. Professor said state leaders could face
- 30:57a reckoning if the provisions hurt Texas un University's bottom line,
- 31:01damaging their brand and their ability to recruit and retain
- 31:05administrators and staff. Hutchins knows two faculty members at state
- 31:09schools in Texas who are already moving away because of
- 31:13the constraints on DEI. He noted that j Hartzell, the
- 31:17president of U T. Austin, is leaving after five tumultuous
- 31:21years to lead the much smaller and less prestigious private
- 31:24Southern Methodist University in Dallas. UT System Chancellor James B.
- 31:29Milliken also is departing after seven years to become president
- 31:33of the University of California. That's indicative of the struggles
- 31:38and what it means to lead a public university in
- 31:40Texas right now. It's very, very hard, Hutchins said. Texas
- 31:45has really built some great institutions. At what point do
- 31:49you harm their ability to strive and achieve excellence if
- 31:53you want to attract world class talent and innovation, It's
- 31:56an experiment how far can you push these in institutions.
- 32:02Next from today's front page, an item entitled a contracting
- 32:06economy squeezes US housing tariffs make building more costly, mortgage
- 32:12rates likely to stay high. By Rachel Siegel, the faltering
- 32:17economy is starting to become a drag on the housing market.
- 32:21Real estate agents, developers, home buyers, and economists are all
- 32:26trying to make sense of which way trends are heading.
- 32:29Slower growth the economy shrank at the beginning of twenty
- 32:32twenty five means interest and mortgage rates will probably stay
- 32:36high for the foreseeable future. Stock market swings and flagging
- 32:40consumer confidence are pushing buyers out of the market. President
- 32:45Donald Trump's trade war is adding thousands to construction costs
- 32:48for new homes and remodels. Markets work because people have
- 32:53price knowledge, and they have those prices to make decisions,
- 32:56said Robert Deets, chief economists at the National Association of
- 33:00home Builders. But so much uncertainty, Deeds said, is creating
- 33:04a wait and see economy. A house is often a
- 33:08household's single largest investment or asset, and buying or selling
- 33:12can be one of life's biggest financial decisions. Entire budgets
- 33:17are structured around monthly mortgage payments or rent, So what
- 33:21happens in the housing market reverberates through the entire economy,
- 33:25and vice versa. Experts look to the number of homes
- 33:28for sale or list prices as litmus tests for how
- 33:31the broader economy is faring, and conversely, housing affordability and
- 33:36availability are among the most direct ways people feel the
- 33:40economy in their daily lives. Keeping a close read on
- 33:44the market is especially key when a range of economic
- 33:48indicators are flashing warnings without clear answers as to what
- 33:51they mean. There are some encouraging signs. Sales of new
- 33:56homes increase more than seven percent in March, the highest
- 34:00jumps in September, with particular gains in the South and Midwest.
- 34:04A brief drop in mortgage rates last month, spurred partly
- 34:08by a drop in the ten year treasury yield, fueled
- 34:11a flurry of applications for new loans and refinances as
- 34:15buyers and owners took advantage of the lowest rates in months.
- 34:19But something gloomier is taking hold too. Existing home sales
- 34:23in March saw their biggest monthly drop in more than
- 34:27two years, falling almost six percent during what is normally
- 34:31the spring selling season. Construction spending fell broadly in March,
- 34:36and housing starts. Marking when builders break round fell more
- 34:40than eleven percent according to government data. With borrowing costs
- 34:45and a tight labor market slowing new construction. Trump's global
- 34:50trade war is also stifling builder sentiment after it rallied
- 34:54post election. According to survey data from the National Association
- 34:58of Home Builders Wells Fargo Housing Market Index, sixty percent
- 35:02of builders said their suppliers have already increased or announced
- 35:06increases on materials prices because of terrace. According to the survey,
- 35:11all told, builders are estimating a typical cost bump of
- 35:15almost eleven thousand dollars per home. Rent has also risen
- 35:19for three straight months after cooling late last year per
- 35:23apartment list and home prices keep ticking up, rising three
- 35:28point nine percent in February, according to data release last
- 35:32week from the SMP core Logic Case Shiller Index. Finally,
- 35:37economists from Mortgage Bankers Association lowered their estimates for existing
- 35:41and new home sales in twenty twenty five, and they
- 35:45expect just over one million single family starts for the
- 35:48next two years. Experts generally say the United States is
- 35:52short between two and four point five million homes. The
- 35:57markers are a snapshot of an economy in unchartered territory
- 36:01once again, after the Federal Reserve finally managed to wrestle
- 36:06inflation down from forty year highs, officials are warning that
- 36:10Trump's trade war will send prices back up. The latest
- 36:14GDP figures marked the first contraction since early twenty twenty two,
- 36:19when the pandemic and supply chain snarls still had a
- 36:22grip on the u S. Economy economists and Wall Street
- 36:26analysts are on watch for signs of a recession, especially
- 36:29if employers start pulling back on hiring, an investment, or
- 36:33lay people off. Downturns often bleed quickly into the housing market,
- 36:38especially if spikes in unemployment cause people to fall behind
- 36:42on their mortgages. Some in the housing market have been
- 36:45able to dodge swirling economic forces and stay relatively unscathed.
- 36:50Roughly a third of home purchases were made in cash
- 36:53in twenty twenty four. According to Redfinn, National home builders
- 36:57had extensive supply chain contract that can source materials for
- 37:01lower fixed costs and dodge wild swings in terror policy.
- 37:06Builders that catered to wealthier buyers have more cushion to
- 37:09raise their prices, but others are caught in the middle.
- 37:14Bill Belair and his wife loved their five bedroom home
- 37:17in Prescott, Arizona that has enough room to host their grandkids.
- 37:22They moved in two thousand seven and have since refinance
- 37:25their mortgage rate below a hard to leave three percent,
- 37:30but now much of Vlaire's time is spent driving one
- 37:33hundred miles south to Phoenix for his wife's medical care.
- 37:38He has considered selling the house and moving closer to
- 37:41the city to cut the two hour journey, but home
- 37:44prices in Phoenix or Scottsdale would probably kick his mortgage
- 37:47payment up from two thousand, five hundred dollars to around
- 37:51nine thousand dollars per month. Add the cost of living
- 37:55and home owner fees, and Vlaiir doesn't think the math
- 37:58would work unless rates slip below five percent. We don't
- 38:03need that big of a house. But until things break on,
- 38:06mortgage rates were kind of stuck, he said. Deeds of
- 38:10the Builders Association said he has been focusing on inflation
- 38:14expectations to fill in a picture of where the market
- 38:17is headed. March survey data from the New York Fed
- 38:21showed households think inflation will rise in the short term
- 38:25that their income growth will slow and that their financial
- 38:29situations and credit access will decline in the year ahead.
- 38:34That could all mean less business for builders as people
- 38:37shy away from major purchases and generally scale back spending.
- 38:42Deeds is also constantly on the road talking to builders
- 38:46seeing price hikes from Terrace on such things as appliances
- 38:50from Mexico and hardware from China. Canadian lumber has been
- 38:54exempted from some of the latest levees, but that leaves
- 38:58plenty of the nuts and bolts used make a home
- 39:01subject to steeper costs, he said. Still, Alan's Monini hasn't
- 39:06felt much change in the Charlotte area, the luxury home
- 39:10builders said he has had one customer make deposits on
- 39:13light fixtures and low voltage wiring to get ahead of
- 39:16suppliers price increases that started May first. Beyond that, Simononi
- 39:21plans to carry on as usual. I think that all
- 39:25this stuff is going to go away in a few
- 39:27months when everybody comes to the table and creates a
- 39:30new deal with our government. He said. It might be
- 39:33a temporary quarter of price increases, but I really anticipate
- 39:37it's not going to go up more. In the Washington area,
- 39:41Sam Medven, president of the d C Association of Realtors,
- 39:45is keeping an eye on what happens did the job
- 39:48market and whether massive cuts to the federal government spur
- 39:51more people to sell their homes. He thinks the end
- 39:55of September will be telling when many federal employees who
- 39:58took buyout offers stop getting paid. Until now, there have
- 40:03generally been more buyers in the number of homes available,
- 40:06putting upward pressure on prices, but that dynamic could flip
- 40:11if there's an influx of listings later this year. Medven
- 40:15said it would be telling to see whether unemployment causes
- 40:18a spike in inventory so much so that it outpaces demand.
- 40:23Outside Phoenix, Nate and Margy Sanchez aren't going anywhere. The
- 40:28couple had been trying to sell their house and move
- 40:31on to a lot with more land, but when they
- 40:33listed their house for seven hundred twenty thousand dollars in January,
- 40:37they felt the market shift, with buyers shying away from
- 40:41homes that rose drastically in value since the pandemic combined
- 40:45with a strain of high rates, The Sanchezes lowered the
- 40:48price to six hundred forty thousand dollars before deciding to
- 40:52pull it off the market. We had a buyer who
- 40:55wanted a new roof money toward a c when we
- 40:58already dropped our house price by six Nate Sanchez said,
- 41:02it was a tipping point for us to stay where
- 41:04we were at. Next is an itaman titled Post Winds
- 41:09Pullitzers for Breaking News Cartoons, Top Honors for reporting on
- 41:14assassination attempt Tell Nay's commentary by Scott over to being
- 41:20Botsford thought he was hearing fireworks until he saw Donald
- 41:23Trump fall. He immediately knew he needed his switch cameras
- 41:27he was wielding his longer lens, But the once and
- 41:30future President of the United States had been shot just
- 41:33several feet in front of him, and the photographer was
- 41:36determined to get closer to the action. We all just reacted,
- 41:40Botsford recalled Monday, I went forward, If this massively historic moment,
- 41:46maybe the most historic moment I will ever witness, is
- 41:49going to happen ten feet in front of me, I'm
- 41:52going to get a good picture of it. There are
- 41:55too many stories of photographers who miss important moments, he added,
- 41:59I didn't want to be one of them. He didn't
- 42:02even comprehend his own personal peril until thirty minutes later
- 42:06after the chaos abated when he called his wife. Blotsford's
- 42:10startling images of that day, including up bloody Trump raising
- 42:14a fist as Secret Service agents swarmed him, and the
- 42:18candidate's black dress shoe abandoned on the red carpeted stage,
- 42:22contributed to the Washington Post team coverage of the July
- 42:25thirteenth assassination attempt at a Butler, Pennsylvania campaign rally. That
- 42:30work was recognized with a Pulitzer Prize for Breaking News
- 42:34on Monday, one of two Pulitzers awarded to the Post
- 42:37for its journalism. In twenty twenty four, Anne Telnyth, until
- 42:42recently a political cartoonist for the Post's opinion page, was
- 42:45awarded the Prize for Illustrated Reporting and Commentary. It was
- 42:50her second win in the category, which was labeled editorial Cartooning,
- 42:54which was first arnored in two thousand one while working
- 42:57for Tribune Media Services. Pro Publica, the non profit investigative
- 43:02journalism organization, won the Public Service Prize, the Pulitzer's highest honor,
- 43:08for reporting about the deaths of pregnant women in states
- 43:11where strict but murky abortion laws caused doctors to delay care.
- 43:16Considered the top annual awards in journalism, the Pulitzer Prizes
- 43:20are administered by Columbia University's Journalism School and have been
- 43:24doled out to recognize exceptional work since nineteen seventeen. The
- 43:29New York Times won four prizes, the most of any
- 43:32news organization this year, in the categories of explanatory Reporting,
- 43:37International reporting, and Breaking news photography, as well as in
- 43:42the local news category, sharing the honor with The Baltimore Banner,
- 43:46a non profit news organization that began publishing in twenty
- 43:50twenty two. The Times and The Banner collaborated on a
- 43:54series about Baltimore's PHEENTNYL crisis. The New Yorker won three
- 43:59awards in the field, feature photography, commentary, and audio reporting categories.
- 44:04The Wall Street Journal won the prize for National Reporting
- 44:07for coverage of Elon Musk, while Reuters won for Investigative
- 44:11Reporting for an expose on lax regulation of FETNAH in
- 44:15the United States. The award for editorial Writing went to
- 44:19raj Mancatt, Sharon Steinmann, Lisa Falkenberg, and Leah Binkovitz of
- 44:25The Houston Chronicle for series on Dangerous train crossings. Alexander
- 44:30Lang won the Criticism Prize for her essays for Bloomberg
- 44:33City Lab about architecture and city planning. Additionally, Esquire contributor
- 44:38Mark Warren won the award for Feature Writing for a
- 44:42story about the suicide of a small town mayor and
- 44:44Baptist pastor. The Pulitzer Committee also gave a special posthumous
- 44:49citation to Chuck Stone, the first black columnists at the
- 44:53Philadelphia Daily News, later syndicated to nearly one hundred publications
- 44:58for his work covering the civil rights movement. Stone, who
- 45:02died in twenty fourteen, co founded the National Association of
- 45:05Black Journalists in nineteen seventy five. The Post was also
- 45:10named a finalist in three other categories, National Reporting for
- 45:14coverage of the toll of Hurricane Helen last fall, International
- 45:18Reporting for coverage of the Israel Hamas war and the
- 45:21devastation of Gaza, and Commentary for Jerry Brewer's columns about
- 45:26political issues in sports. Matt Murray, the Post's executive editor,
- 45:31called the Pulitzer recognition of the Trump shooting stories a
- 45:35really great win because it touched so many parts of
- 45:38the newsroom. Murray joined the Post in June, about a
- 45:42month before the attempt on the then candidate's life in
- 45:44Royal Butler County, north of Pittsburgh, and said he was
- 45:48impressed to see how many journalists from across the staff
- 45:51jumped at the opportunity to help cover the story. Our
- 45:55two folks on the scene, Isaac Earnsdorf and Jabon, like
- 45:59all the corresponds, the Secret Service agents and others on
- 46:02the scene, were there at a very dangerous moment and
- 46:05showed great bravery to keep doing their jobs, which they
- 46:08did in an intense and breaking situation, Murray said. Arnstrung
- 46:14described it as a team effort, drawing upon the best
- 46:17of the staff's many skills. This really speaks to the
- 46:21value of having professional journalists on the scene in a
- 46:24situation like this, he said, you have dispassionate, trained, neutral
- 46:29observers in a situation where there is a lot of
- 46:32confusion and a lot of the information that comes out
- 46:35online often turns out not to be true. I was
- 46:38able to document what I did that day because of
- 46:41a decade of practice and preparation made possible by my
- 46:45team and role here at the Post. Botsford said, it's
- 46:48an honor to have a front row seat to history
- 46:51and to have an organization that values and encourages visual journalism.
- 46:57Tumney's work is known for sharp political commentary, particularly those
- 47:01lampooning Trump and other national Republicans. Her win comes months
- 47:05after a high profile exit from the Post. The illustrator
- 47:10resigned in early January after a top editor rejected one
- 47:14of her cartoons, a depiction of Post owner Jeff Bezos,
- 47:18along with other business moguls, bowing before a statue of
- 47:21Trump and offering up bags of money. Bezos is the
- 47:25owner of the Post and the founder of Amazon, which
- 47:28donated one million dollars to the president's inauguration fund. Telnay's
- 47:33had previously taken aim at Bezos in October, days after
- 47:37he halted the newspapers endorsement of Kamala Harris for president,
- 47:41a stark, rectangular image of broad black brush strokes, which
- 47:44she titled democracy dies in Darkness, the post slogan since
- 47:49twenty seventeen. In his statement to The Times after her resignation,
- 47:54the Post's then editorial page editor, David Shipley thanked Telnays
- 47:59for her service, but rejected her suggestion that he yanked
- 48:02the cartoon to stifle criticism of the post's owner. My
- 48:06decision was guided by the fact that we had just
- 48:08published a column on the same topic as a cartoon,
- 48:12and had already scheduled another column, this one a satire,
- 48:15for publication. He wrote. The only bias was against repetition.
- 48:20Shipley himself resigned in February following an announcement from Bezos
- 48:25that the opinions section should be focused on personal liberties
- 48:29and free markets and not publish any views that oppose
- 48:32those principles. While Telnay's was technically honored for her work
- 48:36in the twenty twenty four calendar years, the prize committee
- 48:39citation also alluded to her unpublished January cartoons, hailing her
- 48:44for delivering piercing commentary on powerful people and institutions with deftness, creativity,
- 48:51and a fearlessness that led to her departure from the
- 48:53news organization after seventeen years. In a statement, Telnay said
- 48:58she was honored on a time when the free press
- 49:01is under attack by autocrats in their quest to silence dissent.
- 49:05Editorial cartoons and satire are essential for a democracy to
- 49:09survive and thrive, she wrote, I am honored to receive
- 49:13this award and encourage everyone to support their local cartoonists.
- 49:18The Post Opinions had a happy working relationship with Anne
- 49:21Telly's for nearly twenty years, said Mary Dunwald, Interim Opinion
- 49:25editor at The Post. That she won her second Pulitzer
- 49:28speaks to her talent as a cartoonist. Douglas Jill, the
- 49:32International Editor, praised his staff for merging tenacious traditional reporting
- 49:37with advanced forensic techniques in covering Israel's military operations in Gaza.
- 49:42While Israel has imposed extraordinary limits on journalists physical access
- 49:46to Gaza, the posts harnessing of interviews and video photos
- 49:50and satellite imagery represent a novel new way to bear witness,
- 49:55in part by harvesting vast quantities of data in ways
- 49:58it would not have been imaginable even a decade ago,
- 50:01Jill said. Having led coverage of the wars in Afghanistan,
- 50:05Iraq and Ukraine, Jail said he cannot recall a military
- 50:09conflict in which journalists have had as little access as
- 50:13they do in Gaza. These stories by the Posts have
- 50:16shown how technology can be a force maximizer, even when
- 50:20journalists must report from outside war zones to hold combatants
- 50:24to account and revealable governments and other actors seek to
- 50:29keep secret, he added. Zachary Goldfard, the former Climate and
- 50:34Environment editor recently tapped to lead the Post's future initiative,
- 50:38said that the Post showed deep dedication to covering the
- 50:41human told of Hurricane Helene. Our reporter showed true courage
- 50:45in bringing national attention to heart hit communities, he said.
- 50:49We followed that up with visual journalism that explained the
- 50:52forces that drove the storm and stayed with the story
- 50:56for months to capture the difficult recovery. Gold Forbes said
- 51:00the team used traditional on the ground reporting as well
- 51:03as data science and cutting edge visual storytelling techniques to
- 51:08capture the human and ecological impact, show what supercharged the storm,
- 51:13and illuminate how trust in the government's response was severely
- 51:17threatened by misinformation on social media. Sports columnist Brewer was
- 51:22recognized as a finalist for a package of stories that
- 51:24included The Grievance Games, an extensive multimedia series about how
- 51:29American sports had become a proxy war for intense political
- 51:33division in the Trump era. Brew mouled his idea for
- 51:37a series for about eighteen months before pitching into his
- 51:41editors in twenty twenty three. He noted that in the aftermath
- 51:45of the protests following the killing of George Floyd and
- 51:48the lead up to the twenty twenty election, there was
- 51:51a widespread expectation of a wave of political activism among
- 51:55professional athletes, but it faded quickly and the sports world
- 51:59instead began to reflect the political polarization scene and the
- 52:03rest of society. We only think of how sports are
- 52:07used from the standpoint of whether athletes are speaking out
- 52:09or not, but oftentimes there is a counter movement. Brewers said,
- 52:14in this case, you could connect American right wing grievance
- 52:17politics with sports and some of the messages that were
- 52:20being sent out in conjunction with the uneasy feelings that
- 52:24people have about how sports have changed. The Pulitzer Committee
- 52:28also awards several prizes for literature and other arts. Fiction
- 52:33James by Percual Everett, Drama Purpose by Brandon Jacobs Jenkins, History,
- 52:40Native Nations, A Millennium in North America by Kathleen Duvall
- 52:45and Combe Harriet Tubman, The Combaheet, River Raid and Black
- 52:50Freedom during the Civil War by Eda L. Fields, Black Biography,
- 52:56Every Living Thing, The Great and Deadly Race to Know
- 52:59All Life by Jason Roberts, memoir autobiography, Feeding Ghosts, a
- 53:05graphic memoir by Tessa Halls, Poetry, new and selected poems
- 53:11by Marie Howe, general non fiction to the Success of
- 53:16Our Hopeless Cause, The Many Lies of the Soviet Dissonant
- 53:19Movement by Benjamin Nathan's music, Sky Islands by Susie Ibarra,
- 53:27and the final item from today's front page is entitled
- 53:30open Ai scrap's planned to become for profit firm Elon
- 53:35Musk had criticized a restruction move and sued to block
- 53:38it Bygerrett d Vink from San Francisco chat GPT maker.
- 53:44Open Ai will remain under the control of its founding
- 53:47non profit board after abandoning a plan to split off
- 53:50its commercial operations as a for profit company. Former employees
- 53:55and Elon Musk, a co founder of open Ai who
- 53:58later split with its leaders, had criticized a restructuring plan,
- 54:03saying it would remove crucial oversight of its artificial intelligence technology.
- 54:08Musk filed a lawsuits seeking to block the move. The
- 54:11suit is ongoing. Open AI's new plan seeks a compromise
- 54:16between allegations it was set to abandon its original mission
- 54:19of benefiting humanity and the claims of company leaders that
- 54:23it must raise more money and deliver profits to investors
- 54:27to compete in their race to advance AI. The Washington
- 54:31Post has a content partnership with open Ai. It is
- 54:35unclear how the change will alter open AI's operations, but
- 54:39it offers a philip to Musk, who has waged a
- 54:42public war against the company that he co founded but
- 54:44now competes against with his ai venture x Ai. In
- 54:49addition to his lawsuit, the billionaire has publicly criticized open
- 54:53ai CEO Sam Altman, Musk's lead at turning the lawsuit.
- 54:58Mark Toberoff, in a statement late Monday, dismissed the new
- 55:02plan as sleight of hand that changes nothing. Open AI's
- 55:06announcement is a transparent dodge that fails to address the
- 55:10core issues. Charitable assets have been and still will be
- 55:14transferred for the benefit of private persons, he said, including
- 55:17Altman and open ai investors such as Microsoft. Open AI's
- 55:23nonprofit board pledged to ensure that super Smart AI benefits
- 55:27all of humanity. Will now retain ultimate control of its operations,
- 55:32but the company will remove limitations at placed on the
- 55:35maximum returns investors could receive from investing in its for
- 55:38profit arm. That division, which develops chat cheept, will become
- 55:44a public benefit corporation, allowing it to seek profits while
- 55:48serving a particular mission. In call with reporters Monday, Almond
- 55:53said that once completed, the new plan will let the
- 55:56company receive the full thirty billion dollars investment recently in
- 56:00by Japanese conglomerate soft Bank. The deal valued open ai
- 56:04at three hundred billion dollars, making it one of the
- 56:07most valuable private companies in history, but had terms linked
- 56:12to changes in open AI's structure. Being able to grow
- 56:15and raise more money will enable open ai to deliver
- 56:19on its mission of ensuring that AI benefits all of humanity.
- 56:22Altman said, we are obsessed with our mission. He said,
- 56:26we believe the structure works for that. Almond said in
- 56:30a letter to employees provided to reporters Monday that the
- 56:33previous restruction plan was abandoned after hearing from civic leaders
- 56:37and having discussions with the offices of the Attorney's General
- 56:40of California and Delaware. Open Ai is still talking to
- 56:45the Attorney's General of the two states, which have to
- 56:47sign off on changes to non profit companies. The company
- 56:51is incorporated in Delaware, but has most of its operations
- 56:54in California. In response to a question from The Washington Post,
- 56:59a spokesperson for California Attorney General Rob Bonta said the
- 57:02state's Department of Justice was reviewing the new plan. This
- 57:06remains an ongoing matter and we are in continued conversations
- 57:10with open ai, the spokesperson said. Jill Horowitz, an expert
- 57:15in non profit law and a professor at Northwestern University,
- 57:19said state officials would be expected to have a role
- 57:22in open aiy's restructuring. It makes sense that the board
- 57:26would have thought through such major change to the non
- 57:28profit structure in conversation with the regulators, she said. It
- 57:33is unclear whether the non profit board's oversight of open
- 57:36Ay's operations will remain unchanged, Horowitz said, without more detail, however,
- 57:42it's difficult to know what control means. She said. Monday's
- 57:47announcement was the latest abrupt change at a company that,
- 57:50since its founding in twenty fifteen, has grown to huge influence,
- 57:54but has also been royaled by internal drama. Open ai
- 57:58was founded by tech luminary including Altman and Musk to
- 58:02counterbalance tech corporations such as Google as they developed more
- 58:05powerful AI software. The non profits leaders soon realized they
- 58:10needed more resources to compete with the tech giants, but
- 58:13disagreed about how to secure them. Musk initially bankrolled open Ai,
- 58:18but split from the company after his suggestion that he
- 58:21take full control was rejected by Altman and others. We
- 58:25will be unable to complete this item to day due
- 58:28to constraints of time. This concludsive readings than the Washington
- 58:32Post for to Day Tuesday, May sixth, twenty twenty five.
- 58:36You reader to Day has been Cindy Fraser. If you
- 58:39have any questions, comments, or suggestions concerning this program, please
- 58:44feel free to call us at eight five nine four
- 58:46two two six ree nine zero