White House teleprompter operator put on leave over Kalshi bets
What's new: Regulators are weighing a settlement after Kalshi froze about $90,000 in alleged profits tied to Trump speech wagers.
Bloomberg, The New York Times +5
Subject
#Commodity Futures Trading Commission
Bullish US dollar bets hit $40 billion, highest in over a decade
Why it matters: Traders now expect at least one Fed rate hike this year after the dollar climbed 2% in June.
Trump picks James McDonald for Manhattan US attorney post
What's next: McDonald would replace Jay Clayton at the Southern District of New York if the Senate confirms him.
Trump picks James McDonald for top federal prosecutor post in Manhattan
Why it matters: McDonald would lead the Southern District of New York, a powerful office handling terrorism, securities fraud and public corruption cases.
The New York Times, Bloomberg +1
CFTC proposes limits on prediction markets tied to terror, war
What's next: The proposal enters a 45-day public comment period as regulators face pressure over sports and election contracts.
CNBC, The Hill
George Santos threatened NPR reporter after Kalshi trades story
What's new: Santos denied making the remark by text after the call, while NPR reported federal probes into his prediction-market trading.
NPR, The Hill