U.S. Senate Enacts Immediate Ban on Prediction Market Trading for Members
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U.S. Senate Enacts Immediate Ban on Prediction Market Trading for Members

The United States Senate has unanimously approved a new rule that immediately prohibits its members from engaging in trading activities on prediction markets. This legislative action arrives as lawmakers express growing apprehension regarding the potential for insider trading on platforms such as Kalshi and Polymarket, particularly concerning event contracts tied to sensitive geopolitical conflicts, military […]

Congress Secures Short-Term Extension for Controversial FISA Surveillance Program
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Congress Secures Short-Term Extension for Controversial FISA Surveillance Program

Congress has successfully averted a lapse in the Foreign Intelligence Surveillance Act (FISA) Section 702 program by passing a 45-day extension. The legislation, which received overwhelming support in the Senate and a 261-111 vote in the House, is now awaiting the president’s signature. This temporary measure ensures that federal intelligence agencies can continue their operations […]

Rivian Scales Back Georgia Plant Ambitions Amidst Strategic Loan Restructuring
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Rivian Scales Back Georgia Plant Ambitions Amidst Strategic Loan Restructuring

Rivian Automotive has finalized a revised agreement with the U.S. Department of Energy, significantly adjusting its federal loan commitment from $6.57 billion down to $4.5 billion. This strategic pivot marks a departure from the company’s original, more aggressive expansion plans for its Georgia manufacturing facility. The site, which was initially slated for a two-phase development […]