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A US lawmaker who has long campaigned against congressional stock trading is among the nearly one-in-five in the Senate who own or likely own chunks of Apple stock and watchdogs warn the conflicts of interest could derail major legislation aimed at reining in the Big Tech firms anticompetitive practices.

Sen. John Ossoff (D-Ga.) who famously ripped his Republican opponent David Perdue as a crook over his personal stock trades during his successful bid for the Senate in 2020 has portrayed himself as a champion of the movement to ban congressional stock trading.

The Georgia Democrat co-sponsors a bill that would ban members of Congress their spouses or children from trading stocks while in office and require them to place pre-existing assets into a blind trust or divest them entirely.

However, Ossoff himself owned between $1 million and $5 million in Apple stock prior to setting up his own blind trust in early 2021 and is likely still a shareholder, even while sitting on the Senate Judiciary Committee responsible for regulating the company.

The issue is getting a fresh spotlight as advocates push for Congressional leadership to reintroduce the Open App Markets Act and the American Innovation and Choice Online Act (AICOA) two long-stalled bipartisan bills would impose add new restrictions on how Apple and Google operate their controversial app stores.

Both bills advanced out of committee in 2022, but Senate Majority Leader Chuck Schumer never brought them up for a full floor vote.

In both instances, Ossoff voted in favor of advancing the legislation. But behind closed doors, the Georgia Democrat pushed back and raised concerns about the bills, such as the potential harmful effects they could have for user security and data privacy, a source familiar with the process that year said.

While Ossoff is well-known on the Hill as a user privacy advocate, his stance also happened to align with Apples arguments against the legislation.

Having to deal with a senator who regularly repeated Apple talking points as if it wasnt obvious they were Apple talking points was bad enough, the source said. But it was even worse that in all likelihood he owned millions of dollars in Apple stock as he was doing it.

Ossoff only got on board for the votes after some arm-twisting by the bills supporters, the source said.

Ossoff is a walking embodiment of why his bill is weak, the source added. His Apple stock demonstrates it.

When reached for comment, an Ossoff spokesperson declined to comment on the status of his Apple stake, citing the blind trust, and called criticism “laughable” given his public support for reform.

“As first reported by the New York Post, Sen. Ossoff authored the leading legislation to ban stock trading by members of Congress,” the spokesperson said in a statement. “Sen. Ossoff is one of just six senators who has put his stocks in a qualified blind trust, which the Senate Ethics Committee calls the most comprehensive approach to eliminate conflicts of interests.”

As for the policy, Sen. Ossoff will ask tech companies tough questions on privacy, security, and competition  as he has throughout his tenure,” the spokesperson added. “He will continue thoroughly vetting all proposed legislation.”

The terms of Ossoffs blind trust require that his trustee disclose if the Apple stake or any other stock has been completely sold off or if its value has fallen below $1,000. So far, no disclosure of that kind has surfaced. Any stock sale would trigger capital gains, meaning Ossoff would become aware of major shifts in his holdings while filing his taxes.

Congress has faced growing calls to implement a stock trading ban in recent years amid revelations of massive personal stock trading windfalls for former House Speaker Nancy Pelosi and others. Proposals by Ossoff, Sen. Josh Hawley (R-Mo.) and others to impose more restrictions generated some buzz but quickly fizzled out as Congressional leaders declined to pursue them.

Richard Painter, who served as the White Houses chief ethics lawyer under former President George W. Bush, said Ossoff has showed really bad judgment by not divesting his Apple stake entirely upon taking office and dismissed his proposal as ineffective.

You cant put Apple stock in a blind trust and pretend you dont have Apple stock, Painter told The Post. This blind trust business, it doesnt work unless you actually sell the underlying assets. Thats why so few people set up blind trusts for the disposition of major assets. Youve got to make a decision whether youre going to sell the assets or not.

Stock trading is widespread in Congress — with one report finding that nearly 20% of lawmakers had done transactions that presented a conflict of interest with their committee assignments. As of 2021, 53% of lawmakers — 223 representatives and 61 senators — owned stocks, according to a study by the Campaign Legal Center.

Ossoff is one of just a handful of senators who have even taken the step of transferring assets into a blind trust managed by a third party, effectively giving up control of their holdings while in office.

Ossoff’s stock trading bill has drawn endorsements from ethics watchdogs including the Project on Government Oversight, National Taxpayers Union, Taxpayers Protection Alliance, FreedomWorks, and Issue One.

Still, not everyone is convinced that qualified blind trusts are effective.

“Regardless of what he’s said, up and until he is no longer the known beneficiary of this significant investment, it is a conflict of interest,” said Jeff Hauser, executive director of the Revolving Door Project. “Optimally, what would happen is people would divest holdings before entering office, rather than rely on a trust. That is even easier when it is such a liquid asset.”

Donald Sherman, chief counsel for the watchdog group Citizens for Responsibility and Ethics in Washington, agreed, adding, “Even in cases where members of Congress are not engaged in unethical conduct, their ownership interests in companies that they oversee can create an actual or perceived conflict of interest.

“The questions being raised here are exactly why Senators and members of Congress should ban the ownership and trading of individual stock and that any use of blind trusts must be truly blind,” Sherman added.

The Senate Ethics Committees own guidelines on qualified blind trusts note that initial holdings because they are known to the grantor, continue to pose a potential conflict of interest until they have been sold or reduced to a value less than $1,000.

Ossoff needs to be able to commit proper oversight and look at the legislation in the way that represent his constituents and not stock trades, said Garrett Ventry, a Republican and former Senate Judiciary staffer. Any time you have members with those kinds of holdings, it looks very, very bad.

If they proceed, the pro-competition bills would represent a major headache for Apple, which was sued by the Justice Department this month for allegedly using illegal tactics to ensure the iPhones dominance.

As The Post reported, Apple has enlisted an army of lobbyists whose role in part is to lobby against the renewed consideration of those bills.

Proponents say the competition legislation which reportedly worried Apple boss Tim Cook enough in 2022 that he personally called senators to lobby against it could be held up by lawmakers whose personal profits stand to take a hit in the event of a crackdown.

Momentum for other legislation, such as the House-backed measure that could ban TikTok and the bipartisan Kids Online Safety Act, could delay consideration even longer.

Antitrust advocates point out the problem isnt limited to Ossoff. At least 14 other US senators currently own Apple stock, according to a review of pblic financial disclosures. The Post reached out to their offices for comment.

Republicans who have disclosed owning shares of Apple include Sens. Kate Britt, Tommy Tuberville, John Boozman, Susan Collins, Markwayne Mullin, Tim Scott, Bill Hagerty and Shelley Moore Capito.

Representatives for Mullin and Boozman each side the investments were managed by independent third parties and in compliance with disclosure requirements. A Capito representative said she and her husband comply with all disclosure requirements.

On the Democratic side, Apple shareholders include Sens. Ossoff, John Hickenlooper, Thomas Carper, Jacky Rosen, Ron Wyden and Sheldon Whitehouse. Angus King, an independent who caucuses with the Democrats, also owns shares.

Despite his holdings, a spokesperson for Whitehouse pointed out that he co-sponsored both AICOA and the Open App Markets Act.

The Senator and his wife do not trade stocks, and their account manager acts independently without any input from the Senator or his wife per the terms of a formal agreement, the spokesperson said.

Other than Ossoff, five other senators are known to have assets in blind trusts Sens. Tammy Baldwin (D-Wis.), John Hoeven (R-ND), Mark Kelly (D-Ariz.), Cynthia Lummis (R-Wyo.), Joe Manchin (D-W.Va.).

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US Army 250th anniversary parade taking place in Washington – watch live

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US Army 250th anniversary parade taking place in Washington - watch live

A parade marking the US Army’s 250th anniversary – and President Trump’s 79th birthday – is under way.

You can watch the event in the livestream above.

President Trump said it was going to be a “big day” and admitted: “We want to show off a little bit.”

Today is the first time in more than 30 years that tanks have rolled through the US capital.

Officials have estimated around 200,000 people could turn out, including protesters, plus 6,600 soldiers, 150 vehicles and 50 aircraft.

However, it appears far fewer have turned out – possibly due to the poor weather – and the president has warned any protesters who interfere “will be met with very big force”.

Soldiers march past the viewing podium in Washington. Pic: AP
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Pic: AP

Soldiers from the 82nd Airborne Division, dress in World War II era uniforms. Pic: AP
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Pic: AP

President Donald Trump and first lady Melania Trump. Pic: AP
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Pic: AP

A child waves as a tank passed. Pic: Reuters
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Pic: Reuters

Mr Trump is watching alongside the first lady and defence secretary as troops and military hardware file past – accompanied at times by up tempo rock music.

The event started half an hour early due to forecasted heavy rain, with cloud forcing the cancellation of a flypast by fighter jets.

Helicopters such as Apaches, Chinooks and Black Hawks are still taking part however.

Donald Trump, Pete Hegseth and first lady Melania Trump gesture while they listen to the anthem. Pic: Reuters
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Pic: Reuters

Military parachutists give off red smoke as they descend. Pic: Reuters
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Pic: Reuters

A soldier makes a heart symbol with his hands. Pic: Reuters
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Pic: Reuters

Military parachutists from the Golden Knights began the parade by swooping in, and some of the soldiers are parading in historic uniforms, complete with horses and wagons.

Vehicles from the Second World War era are also taking part.

President Trump stood and saluted many of the passing soldiers. He is said to have got the idea for the parade after being impressed with France’s Bastille Day celebrations during a visit in 2017.

Metal plates have been put down on some of Washington’s streets to protect the tarmac against the heaviest tanks – the 60-ton M1 Abrams.

Even so, the US Army has set aside several million dollars in case of any damage.

The last time such a major display took place in the US was 1991 when tanks and troops paraded to celebrate the ousting of Saddam Hussein’s army from Kuwait.

A child waves as a tank passed. Pic: Reuters
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Pic: Reuters

People ride in a tank. Pic: Reuters
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Pic: Reuters

Soldiers in period-style uniforms. Pic: Reuters
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Pic: Reuters

The event has been criticised by some for being something more associated with a dictatorial regime such as Russia or North Korea.

An estimated cost as high as $45m (£33.33m) has also raised eyebrows given the administration’s efforts to slash the budget of many federal departments.

Among the critics is California governor Gavin Newsom, who has been trading barbs with Mr Trump since the outbreak of riots in LA.

“And we all know, this Saturday, he’s ordering our American heroes – the United States military – forcing them to put on a vulgar display to celebrate his birthday, just as other failed dictators have done in the past,” he said.

President Trump raises his fist as a tank passes. Pic: AP
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Pic: AP

A tank and soldiers. Pic: Reuters
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Pic: Reuters

A period era brass band marches past playing trumpets. Pic: Reuters
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Pic: Reuters

The show of military might also comes as more than 1,500 protests against the Trump administration, organised under the slogan ‘No Kings’, have been planned across the US on Saturday.

Los Angeles is the scene of one demonstration, with police firing tear gas to disperse people and US Marines stationed outside the city’s federal building.

Tension is high in America’s second-biggest city after recent raids by immigration officers sparked unrest this week.

People hold Mexican flags during a No Kings Day protest against Trump's policies in LA. Pic: Reuters
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Pic: Reuters

People run from tear gas in LA. Pic: Reuters
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Tear gas was fired on the streets of LA. Pic: Reuters

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Bitcoin must upgrade or fall victim to quantum computing in 5 years

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Bitcoin must upgrade or fall victim to quantum computing in 5 years

Bitcoin must upgrade or fall victim to quantum computing in 5 years

Unless Bitcoin upgrades its core cryptography in the next five years, the trust it has built over 16 years could be wiped out by a single quantum attack. Urgent upgrades are needed to protect the world’s leading cryptocurrency.

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Air India plane crash victim’s son says he’ll relive his mother’s last moments ‘to the day I die’

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Air India plane crash victim's son says he'll relive his mother's last moments 'to the day I die'

The son of an Air India plane crash victim, who was sitting one row behind the man who survived, has told Sky News he will relive “her last moments” until the day he dies.

Manju Mahesh Patel, 79, was on the London Gatwick-bound plane when it crashed in Ahmedabad shortly after take-off on Thursday.

She was sitting in seat 12D on flight AI 171, the row behind the only person to survive the crash who was sitting in 11A.

In an interview with Sky News, Chirag Mahesh Patel, Manju’s son, said he hopes his mother’s death was “instant” and “painless”.

“To the day I die I will think, ‘what were her last moments?’,” he said.

Pointing to a framed family photograph of Ms Patel at the family home, he added: “I want to remember mum like this.

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“I don’t want to have to go and identify a burnt corpse, your own parent. How does someone, how do you ever get over that? That will be with me, that’s with me for life.”

Ms Patel had been staying in Ahmedabad for the past few months doing charity work at a temple. She was due to be picked up by her son at Gatwick on Thursday night.

The family say they want to remember Manju like this
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A family photo of Chirag Mahesh Patel with his mother

Read more on Air India crash:
Air India’s lone survivor is nothing short of miracle

Gloucester family among dead
Everything we know about the crash

In tears, Mr Patel described his mother as “very strong” and a woman “who really loved her family”.

“The thing about my mum,” he said, “is her bond with her faith. It’s unbreakable.

“She had ultimate faith… and in times of stress she would always say God’s name… So, I know that upon take-off, I know that she was saying his name.”

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What could have caused the India plane crash?

Mr Patel said that when he realised his mother was on the flight it was just “a normal day” and “it didn’t seem real”.

He said the last time he had spoken to her he had reminded her to take her diabetes medicine and had then missed a call from her at 4am to say she had arrived at the airport.

He described “the most heartbreaking thing” was how much Ms Patel was looking forward to seeing her grandchildren, saying “it was everything to her”.

She had told him she packed her suitcase with lollipops for her six-year-old grandson, and special crisps for her 15-year-old older grandchild.

Manju with her six-year-old grandson
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Ms Patel with her six-year-old grandson

“It’s unimaginable even in my worst nightmare,” he said. “And the thing that kills me… is she was so looking forward to seeing us… she kept saying I bought this for you, I bought that, I bought the things for the kids.”

Mr Patel and his wife are due to fly to India on Saturday night to provide a DNA sample to help identify his mother’s remains.

He expressed his anger at what he called a “disgusting” and “appalling” lack of communication from Air India – which he said passed his details to a hospital but never contacted him personally.

He described feeling “neglected” by the airline, which he said would only offer him an Air India flight – and no help organising accommodation.

Mr Patel said he refused to get on the Gatwick flight back to Ahmedabad and has booked with another provider to travel to India instead.

Manju with her elder grandchild
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Ms Patel with her elder grandchild

“I said [to the airline] all of this happened on Thursday, you’re telling me on Friday afternoon, do you want that flight this evening? That one crashed? The one coming back where 172 goes out? They asked do you want Air India 172? I said how can you ask me that. My mum just died on Air India.”

Mr Patel said he wanted “answers” and transparency in any air accident investigation.

Air India said in a statement: “Air India stands in solidarity with the families of the passengers who tragically lost their lives in the recent accident. Our teams on the ground are doing everything possible to extend care and support during this incredibly difficult time.

“As part of our continued efforts, Air India will be providing an interim payment of ₹25 lakh or approximately £21,000 each to the families of the deceased and to the survivor, to help address immediate financial needs. This is in addition to the ₹1 crore or approximately £85,000 support already announced by Tata Sons.

“All of us at Air India are deeply saddened by this loss. We mourn with the families, loved ones, and everyone affected.”

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Families in India wait for bodies of relatives

The company’s chief executive and managing director Campbell Wilson said in a video message posted on social media that over 200 “trained caregivers” were now in place to offer dedicated assistance to families, along with counselling and other services.

He said Air India was in the process of completing precautionary safety checks on Boeing 787 aircraft as directed by regulator the Directorate General of Civil Aviation (DGCA), which would “be completed within the timelines prescribed by the regulator”.

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Mr Wilson said he had also visited the crash site and said other members of the management team would remain present “for as long as it takes”.

The aircraft’s data recorder, often referred to as a black box, has been recovered and will form part of the investigation into the worst aviation crash in a decade.

‘He was too young’: Families grieve those lost in Air India crash

By Lisa Dowd, Midlands correspondent, in Derby

It was an emotional service at Derby’s Geeta Bhawan Hindu temple, as dozens of friends, colleagues and neighbours gathered to remember Dr Prateek Joshi, his wife Komi, their daughter Miraya, and twin sons Nakul and Pradyut.

Some wiped tears from their eyes, as a colleague was asked spontaneously to pay tribute to Dr Joshi, who had been bringing his family to live in the city, when the Air India flight they were on crashed seconds after take-off.

People cry at Geeta Bhawan Hindu temple during a service in Derby for Dr Prateek Joshi, his wife Komi, their daughter and twin sons

“He was too young, too much still to give, too much still to be done, too much to offer,” his friend told worshippers.

“He was taken from us in a very cruel and abrupt way, and his family as well, and we all think about his family back in India who is missing a son, missing a daughter-in-law and missing all their grandchildren who they’ll never see growing up.”

Derby South MP Catherine Atkinson said Dr Joshi, who was a radiologist at the Royal Derby hospital, had been “contributing to our NHS and the health of so many in our city and beyond”.

She said his wife was a pathologist who had resigned from her job in India.

“I won’t forget the photograph of them on the plane, full of optimism about their new adventure,” she said, as her voice broke.

“The losses make us all hug our families and loved ones a little closer and remind us how precious our time together is.”

A tribute to Dr Prateek Joshi, his wife Komi, their daughter Miraya, and twin sons Nakul and Pradyut, at Geeta Bhawan Hindu temple in Derby

Dr Joshi was described as a “warm, smiling man, full of joy” who enjoyed walking in the Peak District and who had discovered “a love of fish and chips”.

His neighbour and colleague Manoj Ramtohal told Sky News Dr Joshi always had time for people.

“He was very caring and very polite, very friendly, you couldn’t meet a better man than Prateek,” he said.

“We lost a very, very talented doctor.”

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