The House Oversight Committee has initiated an investigation into Kalshi and Polymarket over suspected insider trading on their prediction markets. Chairman Rep. James Comer requested internal documents related to the companies’ identity verification processes and their methods for investigating such activities.

The Government Publishing Office produces the Congressional Record, providing a detailed account of legislative proceedings since 1873. Each day, a team of stenographers, editors, and proofreaders compile speeches and debates, ensuring timely publication to maintain transparency on Capitol Hill.

In a contentious California primary, progressives are challenging the Democratic Congressional Campaign Committee’s support for moderate candidate Jasmeet Bains over Latino candidate Randy Villegas in a heavily Hispanic district. The DCCC’s backing highlights ongoing tensions within the party over its approach to Latino voters and candidate selection.

EUROPEAN UPDATE

This morning, Europe faces intensified discussions on fiscal policy.
Member states prioritise collaborative economic recovery efforts.

House Republicans delayed a vote on a war powers resolution aimed at limiting President Trump’s military actions against Iran, citing absent members. This decision follows uncertainty in congressional support for the ongoing conflict, despite a recent Senate advancement of a similar resolution with bipartisan backing.

President Trump postponed the signing of an executive order on artificial intelligence, citing concerns that certain aspects could hinder US leadership in AI development. He emphasised the importance of maintaining competitive advantages over China, while details of the order’s provisions remain unclear.