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US senator urges Wall Street to reject 'troubling' paid early access to Trump posts

US senator urges Wall Street to reject 'troubling' paid early access to Trump posts

July 21 (Reuters) - A top Democratic U.S. senator on Tuesday urged banks and trading firms to shun a new product offering early access to posts on President Donald Trump's Truth Social platform, warning it creates a "very troubling form of information asymmetry" for government policies.
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Washington judge blocks Kalshi contracts, cites state's gambling law

Washington judge blocks Kalshi contracts, cites state's gambling law

By Jonathan Stempel July 21 (Reuters) - A judge granted Washington's request to block Kalshi from offering its so-called event contracts in the state, saying the prediction markets platform likely violated the state's gambling laws.
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US exchanges to see volume boost, but regulatory stance to take center stage

US exchanges to see volume boost, but regulatory stance to take center stage

By Utkarsh Shetti July 21 (Reuters) - U.S. exchanges will this week start reporting results, which will see a boost from volatility-driven trading volumes, but analysts are likely to weigh that against worries over the regulatory environment and potential higher competition from newer entrants.
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Senate Democrat calls for probe of US derivatives regulator's staff cuts

Senate Democrat calls for probe of US derivatives regulator's staff cuts

WASHINGTON, July 21 (Reuters) - President Donald Trump's deep staffing cuts at the Commodity Futures Trading Commission could hamper its ability to enforce the law and should be investigated by the congressional watchdog agency, a top Senate Democrat said on Tuesday.
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White House: Trump to fly old Air Force One for about a month as Qatari-gifted jet gets 'upgrades'

White House: Trump to fly old Air Force One for about a month as Qatari-gifted jet gets 'upgrades'

The White House says President Donald Trump will return to an older Air Force One for about a month as the new Qatari-gifted jet undergoes additional upgrades and enhancements
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Air Force One's Qatari jet needs security upgrades, experts say, but ask if a month is enough time

Air Force One's Qatari jet needs security upgrades, experts say, but ask if a month is enough time

By Mike Stone WASHINGTON, July 20 (Reuters) - The newly announced grounding of President Donald Trump's Qatari-gifted Air Force One jet is likely for security upgrades, experts said, though they questioned whether a month was enough time to significantly enhance the aircraft's defenses.
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IRS Lacks Guidance on Taxation of Prediction Market Winnings, Creating Uncertainty

IRS Lacks Guidance on Taxation of Prediction Market Winnings, Creating Uncertainty

IRS Lacks Guidance on Taxation of Prediction Market Winnings, Creating Uncertainty
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President Trump Promotes Companies on Truth Social After Stock Purchases, Raising Ethical Concerns

President Trump Promotes Companies on Truth Social After Stock Purchases, Raising Ethical Concerns

A recent investigation by CNN has revealed that President Trump promoted over 20 companies on his Truth Social platform shortly after purchasing stocks in these firms. This action has been described by a former Trump administration policy adviser as an 'ethics disaster.' The promotions occurred days after the stock acquisitions, raising questions about potential conflicts of interest. A White House spokesperson responded to the allegations by stating that President Trump's finances are managed by an independent third party, ensuring no conflicts of interest. The situation has sparked a debate over the ethical implications of a sitting president engaging in activities that could be perceived as self-serving, especially when using a platform with significant public reach.
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This Day in History: Sean Spicer Ended His White House Tenure

This Day in History: Sean Spicer Ended His White House Tenure

Sean Spicer's career in politics is marked by significant roles that have shaped his professional journey. Known for his tenure as the White House ...
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Kai Trump Plans Golf Outing with President Trump for His 80th Birthday

Kai Trump Plans Golf Outing with President Trump for His 80th Birthday

Kai Trump, the eldest grandchild of President Trump, has announced her unique gift for her grandfather's 80th birthday—a day of golfing. Kai, a competitive golfer herself, revealed this plan during an interview at the ESPYs red carpet event. The celebration aligns with President Trump's known passion for golf, a sport he enjoys both playing and watching. Kai, who has committed to the University of Miami's women's golf team for the 2026-2027 season, expressed her gratitude for her grandfather's support in her golfing endeavors. The birthday celebration also coincided with a UFC match held on the South Lawn of the White House, marking America's 250th anniversary.
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Trump Media Proposes $100,000 Monthly Fee for Fast Access to President's Truth Social Posts

Trump Media Proposes $100,000 Monthly Fee for Fast Access to President's Truth Social Posts

Trump Media Proposes $100,000 Monthly Fee for Fast Access to President's Truth Social Posts