Federal Regulators Scrutinize George Santos Over Prediction Market Trading

Federal Regulators Scrutinize George Santos Over Prediction Market Trading

Federal regulators have launched an investigation into former Representative George Santos regarding suspicious trading activity on the prediction market platform Kalshi. The inquiry centers on allegations that Santos placed wagers on a contract tied to his own attendance at the 2024 State of the Union address, a move that potentially violates federal regulations and platform…

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Trump Administration Weighs $1.7 Billion Fund for Allies Investigated Under Biden

Trump Administration Weighs $1.7 Billion Fund for Allies Investigated Under Biden

The incoming Trump administration is reportedly evaluating a proposal to establish a $1.7 billion fund designed to provide financial and legal assistance to political allies who faced federal investigations during the Biden presidency. While the plan remains unfinalized, its existence in Washington policy circles has triggered immediate backlash from ethics watchdogs and political opponents who…

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