Prediction markets' new insider-trading restrictions aren't enough, bipartisan senators say
CNBC
Sens. Adam Schiff (D-Calif.) and John Curtis (R-Utah) said they are optimistic their bill has enough bipartisan support to pass in Congress.
A pair of bipartisan senators on Wednesday said they're keeping their push to ban sports prediction market contracts, despite Kalshi and Polymarket announcing new insider-trading restrictions on their platforms.
"It's got to be more than an aspirational statement by these companies," Sen. Adam Schiff, D-Calif., told CNBC's "Squawk Box" when asked about those platforms' self-imposed new rules.
Kalshi on Monday said it would preemptively block politicians, athletes and "other relevant people" from betting on their own campaigns or sporting events.
Delta Air Lines' move comes as airports around the U.S. are seeing extra-long security lines as a result of elevated absences by TSA agents.
The Department of Homeland Security has been shut down since February over Democratic concerns about its immigration enforcement policies.
Trump said top U.S. negotiators and their Iranian counterparts have been engaged in "very, very strong talks," but Tehran has denied that claim.
The choice elevates the chairman and former CEO of Williams Companies, a major pipeline operator based in Tulsa, to the Senate.
Democrats have seized on the economic disruption of the Iran war to hammer Republicans over high costs ahead of the 2026 midterm elections.
President Donald Trump tapped Sen. Markwayne Mullin, R-Okla., earlier this month to replace embattled DHS Secretary Kristi Noem.
Democrat Emily Gregory is hoping to score an upset for a seat in the Florida state House representing President Donald Trump.
Eric Swalwell drops suit alleging FHFA's Pulte used private information to hurt President Donald Trump’s critics, leaking details about Swalwell's family home.
One case that sparked tension involved Justin Sun, a major backer of the Trump family's World Liberty Financial venture. Another involved Tesla CEO Elon Musk.
U.S. President Donald Trump on Monday said he would order the military to postpone strikes on Iran's power plants and energy infrastructure for five days.
The shutdown at the Department of Homeland Security has caused massive pileups at airport security lines.
The shutdown at the Department of Homeland Security has caused massive pileups at airport security lines.
President Trump claimed ICE agents handling airport security would arrest immigrants who are in the U.S. illegally.