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The Latest Breaking News from Adam Schiff

'Deeply Troubling': Senators Demand CFTC Probe Into Polymarket's Deceptive Ads as Revenue Surpasses $1 Billion

Prediction market's US expansion lifts revenue past $1B, but senators probe claims of fake trades, simulated sites and undisclosed paid influencers in promotional campaigns.

International Business Times UK

Adam Schiff Wants Federal Tax Credits for Movie and TV Production

Studies repeatedly show the credits aren't worth the cost.

Reason

January 6 defendants pursue millions in claims through obscure federal process

Federal Tort Claims Act, over which DoJ has total discretion, provides workaround to Trump’s $1.8bn slush fund

The Guardian - US

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Trump has once again chucked a grenade on the Senate floor ahead of a key funding deadline

ANALYSIS: Senate Majority Leader John Thune could well end up the loser of Trump’s war with Democrats over Bill Pulte simply because House Speaker Mike Johnson is closer to the president, writes John Bowden

The Independent UK

Trump presses on with plan to install Bill Pulte as acting intelligence chief

Lawmakers warn appointment of presidential loyalist will scuttle bipartisan agreement to renew Fisa surveillance law

The Guardian - US

Both Democrats and Republicans give millions to universities in earmarks – but not in the same way

U.S. politicians have perhaps never been more divided, including when it comes to their views on higher education.

The Conversation

Massive $1.5 Million UFC Freedom 250 Packages Sell Rapidly for Exclusive Seats on Trump's White House Lawn

UFC Freedom 250, set at the White House, faces scrutiny over £1.15 million sponsorships and military participation, prompting a Congressional probe into potential ethical violations.

International Business Times UK

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‘Americans will be less safe’: alarm as Trump picks loyalist as intelligence chief

Bill Pulte, who does not have any national intelligence experience, is nicknamed ‘Little Trump’ among some

The Guardian - US

Trump taps housing regulator Pulte to be acting director of national intelligence

Democrats are criticizing President Donald Trump's selection of federal housing finance Director Bill Pulte to be acting director of national intelligence, saying Pulte lacks necessary national security experience

AAP

Where Was $1.776 Billion Going? The Shocking List of People Blocked by New 'Slush Fund' Bill

US senators Mark Kelly, Adam Schiff and Elissa Slotkin have introduced the Drain the Slush Fund Act to shut down Donald Trump's $1.776 billion 'anti‑weaponisation' fund.

International Business Times UK

Trump Loves Accusing Critics of Treason. U.S. Law Makes That Charge Hard To Prove—for Good Reason.

The president’s habitual attempts to criminalize dissent hark back to tyrants of yore.

Reason

Minnesota Prediction Market Ban Sparks Federal Lawsuit Over Polymarket, Kalshi

The federal government has sued Minnesota over a new law that would make it a felony to operate, host, or advertise prediction markets in the state, opening a major legal fight over platforms such as Polymarket and Kalshi at a time when regulators are already wrestling with questions about gambling,…

Latin Times

‘Have a thing called Iran’: Donald Trump’s Head of Intelligence splits with him on priorities, chooses to quit for family

Her tenure was marked by devotion to the President, not the country.

We Got This Covered

It's Not Just ICE Stockpiling Weapons—the IRS, EPA, and Other Feds Are Arming Up Too

An armed IRS agent roaming the streets should send shivers down the spine of any freedom-loving American.

Reason

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The Economic Times

After seven failed attempts, US Senate passes resolution to limit President Trump's war powers in Iran

The US Senate passed a resolution seeking to limit President Donald Trump’s war powers in Iran, with senators voting 50-47 to advance the measure. Four Republicans — Susan Collins, Lisa Murkowski, Rand Paul and Bill Cassidy — joined most Democrats in supporting the resolution.

The Economic Times

Will end war 'very quickly' as Iran wants to make deal 'so badly': US President Trump says 'oil prices to plummet'

US President Donald Trump said Iran wanted a deal “so badly” and claimed the conflict would end “very quickly,” while also predicting global oil prices would fall sharply due to ample supply. His remarks came as the US Senate passed a resolution seeking to limit Trump’s war powers in Iran.

Fortune

California farmers must destroy 420,000 peach trees after Del Monte closes its canneries and cancels more than $550 million in long-term contracts

One Del Monte canning facility processed 30% of the state’s cling peaches, and its closure left growers with a glut of crops with no one to process them.

The Independent UK

California farmers to destroy 420,000 peach trees after Del Monte collapses

Officials say cutting 50,000 tons of peaches from production could prevent $30m in losses for farmers

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The Independent UK

Acting AG Todd Blanche claims Comey case isn’t about ‘single incident’ as he’s grilled on indictment

Comey posted a photo showing seashells spelling out the numbers ‘86 47’, an apparent reference to calls to remove Trump from office

The Guardian - US

Top California Democrat urges change to ‘free-for-all’ primary to keep governor’s mansion blue

Rusty Hicks concerned that Democrats could crowd each other out in ‘open’ system and hand victory to Republicans

International Business Times UK

Who Is Calley Means? Things to Know About RFK Jr's Top Aide Who Held Up to $50 Million Truemed Stakes While Advising HHS

Calley Means, an aide to RFK Jr, faces scrutiny for multimillion-dollar ties to Truemed, raising ethical concerns amid healthcare policy reforms.

International Business Times UK

'He Didn't Stop': Former Swalwell Staffer's Account of Sexual Misconduct Triggers Mass Exodus of Endorsers in California Governor Race

Democratic Congressman Eric Swalwell faces multiple sexual assault allegations, leading to a collapse of his California gubernatorial campaign.

The Independent UK

Eric Swalwell urged to drop out of California governor’s race after multiple allegations of sexual misconduct

Several fellow Democrats have dropped support for Swalwell following allegations of unwanted advances toward women, including a former staffer who claims she was raped

The Guardian - US

Epstein accusations and pressure from the boss: Bondi’s time as Trump’s chief enforcer

From attempts to prosecute president’s foes to claims of a cover-up, attorney general endured tumultuous tenure

The Guardian - US

US government sues Illinois, alleging unlawful efforts to regulate prediction markets

Booming prediction market sites, such as Kalshi and Polymarket, face scrutiny from states and Congress

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