The White House insists there’s no conflict of interest as Trump reports $1.4 billion in income from an industry he’s deregulated.
Setting aside the absurd premise of this op-ed, I love that the writer felt the need to hedge with "not that has been reported"
"No one's reported that one of the most famous popstars in the world dated a man who at the time was a random oyster farmer from Maine, BUT IT IS POSSIBLE"
Tiffany Muller talks to me about what Citizens United enabled, how crypto and AI fit into the bigger picture of money in politics, and what it would actually take to fix this broken system.
Most voters don’t know that crypto and AI companies have spent more than $400 million this cycle to buy Congress. Let’s make that spending visible.
When will they learn? The party remains far too solicitous of an industry that’s rewarded their fealty with four years of Trump and untold damage to democracy.
One of the government's attorneys in the CFTC's lawsuit against the states who've sued Kalshi was a lawyer for Kalshi in its lawsuit against the CFTC in 2023. He joined the DOJ in February 2025.
The CFTC (the US commodities regulator) has just sued Arizona, Connecticut, and Illinois for their efforts to "outlaw, regulate, or otherwise restrain" prediction markets like Kalshi.
This is another escalation by newly appointed CFTC chair Mike Selig (and sole Commissioner at the agency), who has taken it upon himself to assert the CFTC's sole regulatory authority over prediction markets. Recently, the CFTC filed a supporting brief in Crypto.com's lawsuit against Nevada.
As I wrote then, "Since the CFTC has filed no enforcement actions against prediction markets after embracing the sector following Trump’s election, Selig’s jurisdictional claim seems designed to shield the sector rather than regulate it."
Nevertheless, the CFTC's press release accompanying these lawsuits claims that state regulatory intervention could result in "poorer consumer protection and increased risk of fraud and manipulation".
When CPAC chairman Schlapp asked the crowd, “How many of you would like to see impeachment hearings?” they erupted in cheers. “No, that was the wrong answer,” Schlapp said. “Let me try again. How many of you would like to see impeachment hearings?” Some in the crowd cheered again. “No,” Schlapp said, clearly frustrated.
i love combing through FEC data because how else would i have learned of Big Nut
The cryptocurrency industry super PACs dumped $14.2 million into the Illinois primaries. 90% of that – $12.8 million – was wasted, in that it went to opposing Democratic candidates who won their primaries (Stratton in the Senate race, Ford in H-07) or supporting their opponents.
The PACs' only victories in the state were where they contributed money towards outcomes that were already highly likely. They opposed Robert Peters (H-02), who had been polling in third place and ultimately received 12% of the vote. They supported Bean (who was leading the polls in H-08) and incumbent Budzinski (H-13).
Sadly this early spending in Illinois used up less than 6% of what the super PACs have on hand, so buckle up for a looong eight months.