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Trump’s CFPB overhaul cost Americans $26.5 billion, Sen. Warren says

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Trump's CFPB overhaul cost Americans $26.5 billion, Sen. Warren says

President Donald Trump (L) and Sen. Elizabeth Warren (D-MA).

Reuters | Getty Images

Sen. Elizabeth Warren, D-Mass., said Thursday that the Trump administration’s overhaul of the Consumer Financial Protection Bureau has cost Americans up to $26.5 billion so far, the latest Democratic critique of sweeping changes made to the agency.

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In a report shared first with CNBC, Warren said most of that figure comes from moves the CFPB has taken under acting director Russell Vought to roll back rules capping credit card and overdraft fees.

The report comes as Vought faces a Senate oversight hearing Thursday on those and other actions, including dismissing enforcement actions and consent orders and an allegation that the agency recently removed 15 years of consumer data from the CFPB website.

Since taking office last year, the Trump administration has slashed staffing, dropped or narrowed dozens of enforcement cases, and rolled back Biden-era rules to refocus the agency on what officials call its core mission.

Republicans have defended the moves as necessary to rein in what they view as an overreaching regulator. Democrats led by Warren — who conceived and helped set up the agency after the 2008 financial crisis — have argued that the Trump administration has crippled a key consumer financial watchdog and exposed Americans to unfair or deceptive industry practices.

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The clash comes as the Senate weighs the nomination of Brian Johnson, a former CFPB deputy director turned Capital One executive, whom President Donald Trump tapped to lead the agency permanently.

Warren’s report attributes up to $15 billion in consumer costs to the CFPB’s decision to abandon a rule capping most credit-card late fees at $8, a regulation the agency previously estimated would save consumers roughly $10 billion annually.

It attributes another $7.5 billion to the repeal of the CFPB’s overdraft fee rule, which would have limited many banks to charging $5 for overdrafts.

The remainder of the estimate comes from the CFPB’s decision to drop more than three dozen enforcement actions and settlements, some of which were set to send payments directly to consumers. That totaled roughly $4 billion, according to the report.

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The White House and CFPB did not immediately respond to requests for comment.

Ahead of Thursday’s hearing, Warren also sent Vought a letter cataloging what she described as unanswered congressional oversight requests during his tenure running the bureau.

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Arizona Sheriff Warns of a QR Code Scam Targeting Nancy Guthrie Case as Search Passes Five-Month Mark

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Nancy Guthrie
Nancy Guthrie
Nancy Guthrie

The Pima County Sheriff’s Department in Arizona is warning the public about a new scam exploiting the ongoing search for Nancy Guthrie, the 84-year-old mother of NBC “Today” show co-host Savannah Guthrie, who has been missing for more than five months.

In a statement posted to social media this week, the sheriff’s department said fake QR codes requesting money have been circulating online, falsely tied to the high-profile investigation. “The Pima County Sheriff’s Department is aware of posts circulating about the Guthrie investigation that include a QR code requesting money,” the department said. “PCSD will never ask for money related to this case, or any investigation.” The department urged the public not to send money to strangers or scan QR codes requesting payment, adding, “If you see one of these posts, ignore it and report it. Stay alert and help spread the word.”

Nancy Guthrie disappeared from her Tucson-area home in the Catalina Foothills neighborhood on the night of January 31, after being dropped off at the property. She was reported missing the following day by family members after she failed to show up at church. Relatives arrived at the home just before noon and notified the Pima County Sheriff’s Department, which arrived shortly after and determined Guthrie was missing under what officials described as concerning circumstances. Investigators later discovered dried blood droplets outside the entrance to her home, which were confirmed through testing to match Guthrie’s DNA.

Pima County Sheriff Chris Nanos has said investigators believe Guthrie was the victim of an abduction. Federal authorities later released surveillance footage from the night of her disappearance showing an armed, masked individual approaching her home and tampering with her doorbell camera before the abduction occurred.

In the days following the disappearance, multiple ransom notes were sent to members of the Guthrie family and to media outlets, with at least one demanding payment in bitcoin and containing specific details about Guthrie’s clothing. One of the notes claimed she had died. On July 1, the FBI confirmed that several of the ransom notes received in connection with the case were deemed to be extortion attempts without legitimacy, though the investigation into her actual whereabouts remains ongoing.

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The case saw a legal development earlier this month when Derrick Callella, a 42-year-old man from Hawthorne, California, pleaded guilty on July 2 to two counts of harassment using a telecommunication device in connection with the case, according to a Justice Department news release. According to court documents, Callella told officials he had called and sent text messages to the Guthrie family on February 4, inquiring about a bitcoin transfer after learning of an earlier ransom demand. He admitted his actions were intended to harass the family by seeking information about the investigation, after obtaining details about them from an online database while following media coverage of the case. Callella is expected to be sentenced on September 10 and faces up to five years of probation as part of his plea agreement.

Savannah Guthrie has remained one of the most visible public voices in the case, repeatedly appealing to viewers of “Today” and to the broader public for any information that could help locate her mother. Marking the five-month anniversary of her mother’s disappearance, Savannah issued a statement on behalf of the family to a Tucson television station, saying, “It is five months of agony and unending trauma for our family.” She added, “There is not a moment that goes by that we aren’t actively trying to find our mom. We thank the people of Tucson for holding her in their hearts, as well as both the FBI and the Pima County Sheriff’s Office for their tireless work on behalf of our family. Bring her home.”

Sheriff Nanos has continued to provide updates on the investigation’s progress, including the use of forensic genealogy techniques to help analyze DNA evidence collected from the scene. Speaking about the complexity of that process, Nanos said, “Especially when you throw in genealogy — now, you’ve got… this may not be the bad guy, but this person might be the bad guy’s relative three times over. So, that has to be broken down to see if this might be someone of interest to us.” Marking the 100-day point in the investigation earlier this year, Nanos emphasized that the case remained active, saying, “There’s way too much work to be done, that is ongoing, with some of the physical evidence we have. And we’re not going to give up on it just because it’s been 100 days.”

Authorities have said they have not ruled out anyone connected to the case except for Guthrie’s adult children and their spouses, who officials have officially excluded as suspects. Investigators continue to treat the case as a kidnapping, and a substantial reward remains in place for information leading to Guthrie’s safe recovery. The Guthrie family is offering up to $1 million, in addition to a $100,000 reward from the FBI and a $102,500 reward from the Tucson Crime Stoppers hotline.

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Anyone with information about Nancy Guthrie’s disappearance is asked to contact the Pima County Sheriff’s Department at 520-351-4900, or 88-CRIME at 520-882-7463. Digital photos, video or doorbell camera footage from the area around the time of her disappearance can also be submitted directly to the FBI through a dedicated online portal set up for the case. The FBI can additionally be reached at 1-800-CALL-FBI.

As the investigation continues without a confirmed resolution, authorities have stressed that the emergence of scams like the recent QR code solicitation underscores the need for public vigilance, both to protect potential victims from financial exploitation and to preserve the integrity of an active federal and local investigation that remains, more than five months later, without answers for the Guthrie family.

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Hal Williams, Beloved ‘Sanford and Son’ and ‘227’ Television Actor, Dies at 91 in Rancho Mirage Home

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Hal Williams

Hal Williams, the veteran actor best remembered for playing Officer “Smitty” Smith on the classic sitcom “Sanford and Son” and Lester Jenkins on NBC’s “227,” has died. He was 91.

Williams died Wednesday morning, July 15, at his home in Rancho Mirage, California, according to his manager, Zna Portlock Houston. Houston told TMZ that Williams died of natural causes and had been dealing with some recent health issues. She said Williams had felt tired upon returning just two days earlier from a trip to Ohio, where he had attended a reunion celebrating “Sanford and Son” alongside former castmate Howard Platt, who played Officer “Hoppy” Hopkins opposite Williams on the show.

Born Halroy Candis Williams in Columbus, Ohio, Williams did not pursue acting until his 30s, according to People magazine. His breakthrough came in 1972, when he was cast as Officer Smith on “Sanford and Son,” the hit NBC sitcom starring Redd Foxx and Demond Wilson as a father-and-son team running a junk business in Los Angeles’ Watts neighborhood. Williams appeared in 22 episodes of the series over its run. On the show, Officer Smith walked the beat with Officer “Swanny” Swanhauser, played by Noam Pitlik, for six episodes before being paired for the remainder of the series with Platt’s Officer “Hoppy” Hopkins, forming a comedic duo that became a signature element of the show.

The pair developed a recurring bit in which Hopkins would open a scene by laying out a case using dense, official police jargon, only for Smitty to step in and translate the explanation into plain English for Fred and Lamont Sanford. The routine became so associated with the characters that longtime viewers came to anticipate it whenever the two officers appeared on screen. Williams later recalled to WKYC how the bit originated almost by accident during rehearsal. “We did it one time in rehearsal and the producers thought it was funny,” Williams said, describing how the exchange became a fixture of the show. After “Sanford and Son” concluded its six-season run in 1977, Williams went on to revive the Smitty character for the short-lived NBC spinoff series “Sanford.”

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Williams found another signature role nearly a decade later, starring opposite Marla Gibbs in NBC’s “227,” which aired from 1985 to 1990. Williams played Lester Jenkins, husband to Gibbs’ character Mary Jenkins and father to Brenda Jenkins, played by a young Regina King. The series, set among a group of neighbors living in a Washington, D.C., apartment building, ran for 116 episodes across five seasons and also featured Helen Martin, Alaina Reed-Hall and Jackée Harry, who won an Emmy Award for best supporting actress for her role on the show in 1987. The series itself earned two Emmy nominations during its run.

Williams’ career extended well beyond his two best-known roles. In 1980, he appeared as Goldie Hawn’s tough but sympathetic drill sergeant in the box office hit film “Private Benjamin,” a role he reprised for three seasons on the CBS sitcom adaptation of the same name that aired from 1981 to 1983, starring Lorna Patterson. Williams also had a recurring role on “The Waltons,” playing Harley Foster, a lumber mill worker whose backstory involved escaping prison after being wrongly convicted of killing a man in self-defense. He appeared in the CBS drama across several episodes during its run from 1972 to 1981.

Other television credits over his more than five-decade career included “The Dick Van Dyke Show,” “The Dukes of Hazzard,” “Magnum, P.I.,” “Night Court,” “L.A. Law,” “Moesha” and “Parks and Recreation.” He also played Sinbad’s father, Rudy, on the 1993-94 Fox comedy “The Sinbad Show.” Williams’ most recent television role came as a guest appearance on the Kathy Bates-led CBS reboot of “Matlock.” On the film side, his credits included “Hardcore,” “The Rookie,” “Percy & Thunder,” “Guess Who” and “Flight.”

Beyond his acting work, Williams was known for his philanthropic efforts. He established the Mark K.A. Williams Memorial Scholarship Foundation, which provides funding to students of color pursuing college degrees in television or communications. The foundation is named in memory of Williams’ son, Mark, a broadcasting major who died during a camping trip in the Angeles National Forest at age 20. Williams was predeceased by his son.

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Williams is survived by two children, three grandchildren and three great-grandchildren.

Williams’ death drew tributes from fans and fellow entertainment industry figures who remembered him as both a gifted comedic performer and a warm presence on set. Tributes circulating following the news of his death recalled his ability to hold his own alongside some of the biggest comedic stars of his era, with many singling out his work on “Sanford and Son” as a defining piece of 1970s television comedy.

Williams’ career reflected the broader arc of Black representation on American television during the second half of the twentieth century, spanning early appearances in ensemble sitcoms through leading roles in some of the era’s most enduring shows. His work on “227” alongside Gibbs and a young Regina King, in particular, remains a touchstone of 1980s network comedy, while his role as Smitty on “Sanford and Son” helped cement one of the most recognizable comedic double acts of the decade.

Funeral and memorial arrangements had not been announced as of Thursday. Williams’ family and representatives asked for privacy as they process his death, while acknowledging the outpouring of support from fans who grew up watching his decades of work across television and film.

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Calls for government taskforce to tackle poverty in Jersey

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Plumes of smoke at the top of a hill.

A coalition of charities, schools and businesses is calling on the government to create a taskforce to tackle poverty.

An open letter to Jersey’s council of ministers warned evidence had shown too many families were “at breaking point” as they struggled with the cost of living and one in four children were living in a relative low income household.

Patrick Lynch, from Caritas Jersey – one of 13 organisations who signed the letter, said the island’s government needed to work with them as they “have the expertise” to help.

The Government of Jersey has been contacted for comment.

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Among the organisations to sign the letter include Caring Cooks, the Jersey Community Foundation and Mind Jersey.

Mentorhood Jersey, Milli’s Separated and Step Family, La Petite Ecole Group of day Nurseries, Geomarine, Haute Vallée School, Brighter Futures, Khora Partners, Jersey Child Care Trust and Freeda also signed the letter.

The group said five other organisations and government agencies had also signed the report.

Lynch said: “We need to get the right people in the room and we’ve had some preliminary discussions with government and we hope that that is something that they will look to do.”

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OnePlus Confirms Exit From the US and Europe But Promises Continued Support for Existing Phone Owners

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iPad Mini

OnePlus confirmed Thursday that it is exiting the United States and European markets, ending its run as a mainstream Android smartphone brand in two regions where it had built a loyal following among tech enthusiasts over the past decade.

The Chinese smartphone maker said the two regions will no longer receive new device releases, and that remaining inventory of current models will be sold off as the company winds down its presence. OnePlus said it will now focus its operations on just two markets going forward: China and India.

Despite the withdrawal, OnePlus said existing customers in the US and Europe will not be left without support. The company confirmed that current users will continue to receive software updates, security patches and after-sales support as previously promised when they purchased their devices. That commitment mirrors assurances OnePlus gave PCMag in April, when the company said “all users’ after-sales support, software updates, and rights commitments are fully guaranteed” amid earlier reports of a potential US shutdown.

One notable change for existing users will be the shutdown of the OnePlus Community website for customers in the affected regions, set to go offline on August 16. “Community content will no longer be publicly accessible,” OnePlus said in its announcement. The company urged users who want to preserve their contributions to the platform to act before the deadline. “If you would like to keep copies of your posts, comments, photos, guides, or other contributions, please save them manually before that date,” OnePlus said.

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Alongside the market exit, OnePlus is making a significant software change for its remaining device lineup. The company is retiring its long-running OxygenOS software in favor of ColorOS, the operating system used by its parent company, Oppo. When ColorOS 17 launches later this year, eligible OnePlus devices in North America and Europe will have the option to voluntarily update to the new software, according to the company. Devices that don’t qualify for the update won’t be left behind entirely, however. “Legacy models that are not eligible for this specific upgrade will continue to receive software maintenance,” OnePlus said.

OnePlus attributed the decision to a “proactive global strategy adjustment,” language that suggests the move was a deliberate business decision rather than a response to a single triggering event. The exit had been anticipated for some time, following a string of rumors and internal personnel changes that had fueled speculation about the brand’s future outside its core Chinese and Indian markets.

Reporting on the situation began building earlier this week, when German outlet WinFuture cited sources indicating that OnePlus’s parent company, Oppo, would formally announce the brand’s wind-down in the US and Europe. That report came after months of uncertainty, including an April statement from OnePlus North America telling PCMag that the company was “evaluating its regional roadmap and product strategy” amid earlier speculation about a potential shutdown. According to WinFuture, even OnePlus’s own internal teams were largely kept in the dark about the reasoning behind the broader strategic shift, with the outlet unable to pin down a specific cause for the change.

As part of the restructuring, Oppo is expected to narrow OnePlus’s focus toward budget-friendly devices in China and India, while simultaneously expanding its own branded footprint in Europe to help fill the gap left by OnePlus’s departure. Evidence of that transition was already visible before Thursday’s official confirmation, with OnePlus’s German website reportedly steering some customers toward Oppo devices in the lead-up to the announcement.

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OnePlus built its reputation in Western markets over the past decade by offering flagship-level specifications at prices typically undercutting rivals like Samsung and Apple, earning a dedicated following among tech enthusiasts who valued the brand’s “flagship killer” positioning even as its lineup expanded into more premium price tiers in recent years. The brand’s exit marks a significant retreat for a company that had steadily grown its presence in the US market despite ongoing competition from larger, more established smartphone makers.

The company’s most recent major US release, the OnePlus 15, faced a bumpy path to market. The device was delayed last year due to a government shutdown in the United States that held up regulatory review. The Federal Communications Commission ultimately cleared the phone for sale in November, and OnePlus began shipping the device in December, just months before Thursday’s announcement of the broader market exit.

A follow-up device, the OnePlus 15R, launched earlier this year and represented one of the brand’s final new releases in the US market. However, the company’s flagship 2026 device, the OnePlus 15T, never made it to American shelves, leaving the 15R as one of the last new OnePlus phones US customers will have had the opportunity to purchase before the company’s formal exit.

For current OnePlus owners in the US and Europe, the practical impact of the announcement is likely to be limited in the near term, given the company’s commitment to continued software and security support. But the shutdown of the community platform and the shift away from OxygenOS toward Oppo’s ColorOS signal a broader transition that will gradually change the software experience for existing devices, even as OnePlus works to honor its support commitments to customers who purchased phones before the exit was announced.

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The move leaves OnePlus operating in a significantly narrower footprint than it held just a few years ago, when the brand had expanded aggressively across international markets in pursuit of the kind of mainstream smartphone success achieved by larger competitors. With the company now consolidating around China and India, and Oppo positioned to expand its own presence in the vacated European market, the restructuring marks one of the more significant shifts in the smartphone industry’s competitive landscape so far this year.

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Zelenskiy taps new defence chief in bid to quell political crisis

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King Charles pulls pint in 250-year-old Dorset brewery after England World Cup defeat

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He was visiting Hall & Woodhouse in Blandford Forum with Queen Camilla

(Image: Isabel Infantes/PA Wire)

King Charles has pulled a pint in an historic Dorset brewery following England’s World Cup defeat against Argentina.

He and the Queen were visiting Blandford Forum’s Hall & Woodhouse (H&W) Badger Brewery which will turn 250 years old next year.

H&W was founded in 1777 by West Country farmer Charles Hall, who opened a brewery in the village of Ansty. Today the business produces more than nine million pints of beer every year and employs more than 1,500 people across its 140 pubs in the South of England.

Owners Anthony Woodhouse and Tatiana Woodhouse are the company’s seventh and eighth generation stewards.

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During the visit, the King and Queen met a number of H&W’s chef and brewing apprentices. King Charles also poured a pint of Fursty Ferret – a 3.4 per cent pale ale.

Anthony Woodhouse, chairman and seventh generation custodian of H&W, said: “It’s an immense privilege to welcome The King and Queen to Blandford during such a remarkable moment for our business.

“We’re celebrating our first 250 years and have our sights firmly set on success for many more generations ahead. We’ve expanded our apprenticeship schemes in recent years, building and growing our team for the future and it was an honour to introduce Their Majesties to some of our apprentices today.

“We are incredibly proud of our heritage and are committed to continuing the success of the company for the benefit of communities now and for generations to come.”

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During the visit, head brewer Toby Heasman presented the King with a bottle of coronation ale, which the brewery first produced in 2023 to celebrate His Majesty’s coronation.

The King and Queen also unveiled a commemorative plaque honouring the organisation’s first 250 years. The plaque is displayed in the company’s Brewery Tap bar and café, situated in the Victorian maltings of the original brewery.

In June, H&W celebrated its 249th anniversary, with its annual Founder’s Day celebrations, bringing together team members from across the business to mark the occasion.

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Tillis: I won’t vote for Blanche until he meets with Epstein victims

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Update On Archer-Daniels-Midland: The Reasons Higher Highs Are On The Horizon

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Raymond James reiterates Voya Financial stock Strong Buy on M&A interest

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Liverpool City Region to host The Open three more times by 2050

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The R&A agreement comes as Royal Birkdale hosts the 154th Open this week

Scottie Scheffler at The Open at Royal Birkdale

Scottie Scheffler at The Open at Royal Birkdale (Image: Colin Lane/Liverpool Echo)

Merseyside will host one of golf’s biggest tournaments another three times in the next 25 years, alongside other prestigious championships. A deal has been struck for The Open to return to the Liverpool City Region on multiple occasions between now and 2050.

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Royal Birkdale has welcomed the world’s top golfers as it hosts The 154th Open this week. The Liverpool City Region Combined Authority (LCRCA) alongside Sefton and Wirral Councils has signed a memorandum of understanding (MOU) with the sport’s governing body The R&A that would ensure future events would take place in the region.

Hosting The Open drives up visitor numbers during the championship and beyond, with an economic forecast estimating a £200 million boost for businesses and communities from The 154th Open at Royal Birkdale. The new agreement replaces an existing partnership with which was expected to end after this year’s event.

The City Region is no stranger to hosting The Open. Alongside this week’s event, which will feature Southport’s Tommy Fleetwood among the contenders, Royal Liverpool staged the tournament in Hoylake three years ago.

Steve Rotheram, Mayor of the Liverpool City Region, said: “The Open is one of the biggest prizes in world sport, so securing it for the Liverpool City Region at least three more times is fantastic news. It’s a huge vote of confidence in everything our region has to offer – from our world-class courses and spectacular coastline to the warm welcome visitors receive wherever they go.

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“With some of the best golf courses in the country on our doorstep, we are undoubtedly the UK’s golf coast and this agreement cements that reputation for decades to come. Every time The Open comes here, it puts our region on the global stage, attracts hundreds of thousands of visitors and delivers a major boost for local businesses, jobs and our visitor economy.

“This is about building a long-term partnership that will inspire the next generation, showcase our communities to millions of people around the world and create opportunities that last long after the final putt. We can’t wait to welcome golf’s biggest stars – and fans from across the globe – back to the Liverpool City Region again and again.”

The new agreement lays the groundwork for a detailed, formal partnership to be finalised later this year, ensuring all parties are aligned to maximise the opportunity. Johnnie Cole-Hamilton, Chief Championships Officer at The R&A, said: “The Open is one of the world’s great sporting events and has a unique ability to showcase a destination to a global audience while delivering significant long-term economic and community benefits.

“We are pleased to strengthen our partnership with the Liverpool City Region, whose outstanding links courses, passion for golf and commitment to hosting world-class events make it an exceptional home for our championships well into the future.”

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Cllr Marion Atkinson, leader of Sefton Council, said: “This is fantastic news for Sefton and for the wider Liverpool City Region. The Open is one of the world’s most prestigious sporting events, and this landmark agreement secures our position at the heart of championship golf for decades to come.

“Hosting The Open at Royal Birkdale and our other world-class links courses brings significant benefits to our communities, attracting visitors from across the globe, supporting local businesses, creating jobs and showcasing everything that makes our area such a great place to visit, live and invest. Just as importantly, this partnership gives us the opportunity to build a lasting legacy, inspiring more people to get involved in golf and ensuring future generations can benefit from the economic and social opportunities these major events create.

“We are proud to be working alongside the Liverpool City Region Combined Authority, Wirral Council and The R&A to secure a golden future for golf in our region and to welcome the world’s best players and spectators back to Sefton for many years to come.”

Cllr Paula Basnett, leader of Wirral Council, added: “The Royal Liverpool Golf Club is one of the most iconic venues in history of golf and has a strong record of hosting memorable Opens which attract visitors and audiences from across the globe. Wirral Council is proud to play a central role in this landmark agreement which secures the future of world-class golf in our city region for decades to come and which recognises our ability to deliver major international events.”

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