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White House Reviews CFTC Proposal for Prediction Market Regulation

White House Reviews CFTC Proposal for Prediction Market Regulation

The White House is reviewing a proposal from the Commodity Futures Trading Commission (CFTC) to regulate prediction markets, such as Kalshi and Polymarket. The proposal, which is under review by the Office of Management and Budget, aims to establish federal oversight over these markets, which have been growing in popularity. The CFTC asserts its exclusive authority to regulate prediction markets, countering efforts by individual states to impose their own regulations. President Trump has publicly supported maintaining the CFTC's authority, emphasizing the importance of setting a 'Gold Standard' for regulation. The proposal comes amid legal challenges and state-level bans on prediction markets, highlighting the contentious nature of this emerging financial sector.
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Gamification and memes lure young people to sports wagering apps, prediction markets

Gamification and memes lure young people to sports wagering apps, prediction markets

Some sports wagering platforms, as well as popular prediction markets Kalshi and Polymarket, are touting their availability to users starting at 18 despite most U.S. states restricting gambling to 21 and older
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Novo Nordisk and Eli Lilly CEOs Agree to Lower Drug Prices Amid Pressure from President Trump

Novo Nordisk and Eli Lilly CEOs Agree to Lower Drug Prices Amid Pressure from President Trump

Novo Nordisk and Eli Lilly CEOs Agree to Lower Drug Prices Amid Pressure from President Trump
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President Trump Moves Cabinet Meeting to White House Amid Iran Negotiations

President Trump Moves Cabinet Meeting to White House Amid Iran Negotiations

President Donald Trump has decided to relocate a scheduled Cabinet meeting from Camp David to the White House due to forecasts of inclement weather. The meeting, originally planned for the presidential retreat, is set to focus on recent administrative successes, including economic achievements and foreign policy updates. This decision comes as the administration is engaged in critical negotiations to end the ongoing conflict with Iran. The meeting will also address the administration's Task Force to Eliminate Fraud. The change in venue was announced by President Trump on his social media platform, citing potential thunderstorms in the Camp David area as the reason for the shift.
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Guatemala outlines deal for US aid against drug trafficking

Guatemala outlines deal for US aid against drug trafficking

By Sofia Menchu GUATEMALA CITY, May 28 (Reuters) - Guatemala has requested U.S. military cooperation spanning access to equipment, training, and experts to assist Guatemalan operations against drug trafficking, President Bernardo Arevalo said on Thursday.
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White House Denies Reported Draft Framework with Iran as 'Fabrication'

White House Denies Reported Draft Framework with Iran as 'Fabrication'

The White House has dismissed reports of a draft memorandum of understanding between the U.S. and Iran as a 'complete fabrication.' The alleged memorandum, originating from Tehran's state media, claimed the U.S. proposed withdrawing forces and lifting a naval blockade in exchange for Iran reopening the Strait of Hormuz. President Trump stated that Iran is 'negotiating on fumes' and miscalculated by thinking they could out-wait his administration's efforts to curb Iran's nuclear ambitions. Trump emphasized that no easing of sanctions or financial offers would be made until Iran meets U.S. demands. The President also highlighted the economic struggles Iran faces, including high inflation and a devalued currency, as factors pressuring Tehran to negotiate.
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No Kings Movement Plans Concert to Counter President Trump's White House UFC Event

No Kings Movement Plans Concert to Counter President Trump's White House UFC Event

The No Kings movement has announced a nationwide event on June 14, 2026, to counter President Trump's 80th birthday celebrations, which include a UFC bout on the White House's south lawn. The event, titled 'A Night to Build Community,' will feature a 90-minute concert at New York's Town Hall with performances by Bette Midler, Patti Smith, Jane Fonda, Rufus Wainwright, and Joy Reid. This concert will be streamed nationwide, with local groups hosting watch parties. The event is co-presented by the Committee for the First Amendment and aims to frame the U.S.'s 250th anniversary as a moment of democratic reckoning. The No Kings movement, known for its large-scale mobilizations, seeks to offer an alternative vision to the political landscape, emphasizing community and democratic values.
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Democrats Criticize President Trump's White House UFC Event Amid Cost Concerns

Democrats Criticize President Trump's White House UFC Event Amid Cost Concerns

Democrats are voicing concerns over President Trump's decision to host a UFC event at the White House, questioning the use of public resources for what they perceive as a campaign-style event. The UFC is constructing a temporary arena on the White House grounds for a fight scheduled to coincide with the 250th anniversary of the United States. While the UFC has stated it will cover the $60 million cost, Democrats argue that the event blurs the line between official government functions and entertainment. Critics, including California Governor Gavin Newsom and Senator Adam Schiff, have expressed their disapproval, highlighting the financial struggles faced by many Americans.
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Trump wraps up 3-hour medical visit to Walter Reed and declares 'Everything checked out PERFECTLY'

Trump wraps up 3-hour medical visit to Walter Reed and declares 'Everything checked out PERFECTLY'

President Donald Trump has wrapped up a three-hour visit to Walter Reed National Military Medical Center for what the White House describes as preventive medical and dental exams
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President Trump Undergoes Third Medical Checkup in 13 Months Amid Health Concerns

President Trump Undergoes Third Medical Checkup in 13 Months Amid Health Concerns

President Donald Trump recently underwent a medical examination at Walter Reed National Military Medical Center, marking his third checkup in 13 months. This visit has reignited public scrutiny over his health, particularly given his age and previous health disclosures. The White House described the visit as part of routine preventive medical and dental checkups. Trump, who is 79 years old, has been working to dismiss concerns about his age and stamina, especially as he approaches his 80th birthday. The examination included a comprehensive physical, which is expected to cover advanced heart testing, cancer screenings, and cognitive assessments. Despite the scrutiny, the White House expressed confidence in the results, with Trump stating on social media that everything checked out perfectly. However, the degree of transparency regarding the details of his health remains a topic of debate, as there is no formal requirement for presidents to disclose their medical records.
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Trump says US not satisfied yet on deal with Iran

Trump says US not satisfied yet on deal with Iran

WASHINGTON, May 27 (Reuters) - U.S. President Donald Trump on Wednesday said that he was not yet satisfied on a deal with Iran, adding that the U.S. was not discussing easing sanctions on the country.
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President Trump Completes Medical Exam at Walter Reed, Declares 'Everything Checked Out PERFECTLY'

President Trump Completes Medical Exam at Walter Reed, Declares 'Everything Checked Out PERFECTLY'

President Trump underwent a medical examination at Walter Reed National Military Medical Center, spending over three hours for preventive medical and dental checkups. This marks his fourth publicly disclosed medical exam since returning to office for a second term. The visit comes amid public scrutiny over his age and health, as he approaches his 80th birthday. Trump, in a social media post, stated that his '6 month physical' concluded with everything checking out perfectly. Despite concerns about his age, the White House maintains that Trump is in excellent health. His physician previously diagnosed him with chronic venous insufficiency, a condition causing mild swelling in his lower legs. A recent poll indicated that less than half of U.S. adults believe Trump has the mental sharpness or physical health to serve effectively as president.