‘The status quo is unsustainable’: Congressional scrutiny of Kalshi, Polymarket explodes
Anxiety over state gambling revenues and suspected insider trading have lawmakers threatening to clamp down on Kalshi, Polymarket and other platforms.
CONGRESS
Hill staffers brace for their boss’s ‘TMZ moment’
The celebrity-focused site is making a splash with crowdsourced recess photos.
King Charles to address Congress during visit to DC
King Charles III will address a joint session of Congress when he visits the U.S. later this month to mark the 250th anniversary of America’s independence, House Speaker Mike Johnson (R-La.) announced on Wednesday. “It is my distinct honor and great privilege to invite His Majesty King Charles III, The King of the United Kingdom…
Swalwell: Release of old FBI files would be ‘ probably the worst abuse…since the J. Edgar Hoover days”
Rep. Eric Swalwell (D-Calif.) accused the FBI on Tuesday of abusing its power to target political opponents amid reports that the agency is considering releasing decade-old files related to an investigation into a suspected Chinese spy. Swalwell suggested FBI Director Kash Patel’s actions were reminiscent of those of former chief J. Edgar Hoover, who, during…
Jeffries, Schumer knock Trump mail-in voting order: ‘Unlawful power grab’
Democratic leaders on Tuesday ripped President Trump’s executive order that cracks down on mail-in voting and creates a nationwide eligible voters list, as the president seeks to use his authority to exert more control over federal elections ahead of the midterms. House Minority Leader Hakeem Jeffries (D-N.Y.) criticized the order as an “unlawful power grab,”…
Winds shift in support of resolution to end Trump’s war with Iran
The House effort to end the Iran war is gaining steam. A month ago, the lower chamber defeated a bipartisan resolution forcing President Trump to terminate military operations against Tehran until the administration can win congressional approval. Since then, however, top administration officials have struggled to articulate an end game; the price of gas has…
How prediction markets landed in Congress’ crosshairs
Anxiety over state gambling revenues and suspected insider trading have lawmakers threatening to clamp down on Kalshi, Polymarket and other platforms.