Iran war prediction market bets draw heat: 'Insane this is legal'
CNBC
Wagers were placed over the weekend about the fate of Iranian leader Ayatollah Ali Khamenei who was killed in the bombardment.
Prediction markets are facing renewed scrutiny from federal lawmakers after wagers about the fate of Iranian leader Ayatollah Ali Khamenei who was killed in the Saturday bombardment of Iran.
"It's insane this is legal," said Sen. Chris Murphy, D-Conn., in a post to X, referring to another post highlighting people who had made money on the invasion. "People around Trump are profiting off war and death. I'm introducing legislation ASAP to ban this."
CNBC has reached out to Murphy's office for more details on his proposal.
Illinois' early primary shows the limits of the AI and cryptocurrency industries' spending power on shaping Congress.
The Trump administration "remains committed to continuing to strengthen our critical supply chains" amid the Iran war, press secretary Karoline Leavitt said.
President Donald Trump tapped Sen. Markwayne Mullin, R-Okla., to replace Kristi Noem as the head of the Department of Homeland Security.
Israeli Defense Minister Israel Katz said Wednesday that Iran's Intelligence Minister Esmail Khatib has been killed in overnight strikes in Tehran.
Progressives and moderates vie for influence in Democratic primary while House primaries feature competitive races for retiring lawmakers' seats
Senators are expected to debate the election bill over the coming days and even weeks.
The House panel wants to question Bondi about the DOJ's compliance with the Epstein Files Transparency Act, which President Donald Trump signed into law.
Trump, a longtime NATO critic, said he sees the alliance as a "one way street — We will protect them, but they will do nothing for us."
The Manhattan subway project is designed to shorten commutes for more than 100,000 daily riders, while adding three new subway stations.
"Iran posed no imminent threat to our nation," Kent wrote in his letter to President Donald Trump.
Lawmakers say the new version of the Seedance AI video-generation app violates copyright and intellectual property laws.
The president recently launched a war in Iran after topping Venezuelan leader Nicolas Maduro by force.