Campaign Staffers Still Trying to Bet on Races Despite New Scrutiny

prediction markets insider trading campaign finance

Quick Look

Despite new scrutiny and internal efforts, campaign staffers continue to attempt insider trading on political races via prediction markets like Kalshi.
Kalshi's new monitoring system flags potential violations, but loopholes remain, allowing some trades.

AI-generated summary

Font size

Despite new scrutiny and internal efforts, campaign staffers continue to attempt insider trading on political races via prediction markets like Kalshi. Kalshi's new monitoring system flags potential violations, but loopholes remain, allowing some trades.

Read the full article on NPR News

The Smithsonian's secretary, Lonnie G. Bunch III, defended the National Museum of American History against a critical White House report that accused it of "institutional capture by a radical, activist ideology." Bunch stated the report is "not a fair characterization" and affirmed the museum's commitment to scholarship and accuracy.

NPR News

Developing·3h ago

Federal Judge Approves $1.5 Million Settlement Between Elon Musk and SEC, Citing 'Significant Misgivings'

A federal judge reluctantly approved a $1.5 million settlement between Elon Musk and the SEC, despite raising concerns about the deal's leniency for a rule violation that allegedly harmed Twitter investors. The judge noted 'red flags' in the SEC's decision-making but found insufficient grounds to reject the settlement.

Ars Technica

Developing·4h ago

Judge Dismisses Lawsuit Challenging Tommy Tuberville's Alabama Residency

A judge dismissed a lawsuit alleging U.S. Sen. Tommy Tuberville doesn't meet Alabama's residency requirement for governor. The judge cited jurisdictional grounds, stating she couldn't rule on nominee eligibility before the general election. The lawsuit's attorney plans to appeal.

ABC News

Developing·8h ago

DHS Accused of Targeting Critics of Trump's Immigration Policies

The Department of Homeland Security (DHS) is accused of targeting individuals who criticize President Trump's immigration policies online, sending warning notices and investigating them for "doxing" or making threats. Critics argue this infringes on First Amendment rights, conflating dissent with criminal activity.

The Verge

Developing·9h ago

Former Olympic Canoe Racer Pleads Not Guilty to Damaging Lincoln Memorial Reflecting Pool

David Hearn, a three-time Olympic canoe racer, pleaded not guilty to felony property destruction charges for allegedly damaging the Lincoln Memorial Reflecting Pool. His defense claims the indictment is politically motivated and an "abuse of prosecutorial power."

ABC News

Developing·11h ago

Up First Newsletter: Senate Race Shake-up, Iran Strikes, and Summer Safety Tips

Democrat Graham Platner ends his U.S. Senate campaign in Maine amid rape allegations. The U.S. launches strikes on Iran, prompting retaliation. Tips are provided for staying safe during summer.

NPR World