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The bill did not specifically bar members of the US Congress from using the platforms or making sports bets, but prohibited policy wagers. Wisconsin Representative Bryan Steil, who chairs the House subcommittee on digital assets, introduced a law to prevent certain public officials from “wagering on public policy issues and political outcomes,” notably without mentioning lawmakers in the White House. In a Thursday notice, Steil said he had introduced the Stop Lawmakers from Predicting Act, which could bar "members of Congress, their spouses, and dependent children” from using policy-aligned event contracts on prediction markets platforms like Kalshi and Polymarket. The bill proposed that elected officials in violation pay a $2,000 fee or 10% of the value of the prohibited bets on the platforms. Source: Committee on House Administration Read more

As Iran and the U.S. are set to officially sign a memorandum of understanding Friday, a senior White House official said Israel's withdrawal from Lebanon will not be part of the deal. Prime Minister Benjamin Netanyahu later reiterated Israel will remain in Lebanon's 'buffer zone'

On June 12, Ukrainian boxer Oleksandr Usyk met with U.S. President Donald Trump in the Oval Office of the White House.

A top White House artificial intelligence policy adviser on Saturday said he will leave his position at the end of June, marking the exit of a leading figure helping craft policies for frontier technologies. “This journey has been the privilege of a lifetime,” the adviser, Sriram Krishnan, posted on social media platform X. Krishnan did not give a reason for leaving, but wrote in the post he intends to help “tackle some of the large challenges facing America” related to AI. Krishnan has been involved in the Trump administration’s efforts to create a national framework for regulating developments in AI. His departure comes as the president looks at the possibility of the US government acquiring stakes in AI firms. “There’s something very interesting about it, where it almost becomes a partnership with the American public,” Trump told reporters aboard Air Force One on Friday, adding that he planned to meet with AI executives as soon as next week. Trump’s embrace of AI has at times been complicated by security c...

A gunman opened fire near the White House on Saturday evening, with US Secret Service agents killing the assailant in a shoot-out during which a bystander was also struck, authorities said. President Donald Trump was in the White House at the time — on a day when he was working to negotiate a deal with Iran — but was not impacted by the incident, Secret Service communications chief Anthony Guglielmi said in a statement. The confrontation took place just after 6pm (3am PKT) when a man near the White House security perimeter “pulled a weapon from his bag and began firing”. “Secret Service Police returned fire striking the suspect who was transported to an area hospital where he was pronounced deceased. During the shooting one bystander was also struck by gunfire,” Guglielmi said, without giving details on the bystander’s condition. Multiple US media identified the suspect as Nasire Best, 21, of Maryland, reporting that Best had a history of mental health concerns and had multiple prior interactions with Secret ...

One of the developers behind the crypto-mixing protocol Samourai Wallet has publicly expressed hopes for a pardon, along with FTX founder Sam Bankman-Fried. US President Donald Trump is reportedly considering pardoning 250 people to commemorate the country's 250th birthday on July 4, according to The Wall Street Journal. An official announcement could come on June 14, Trump's birthday, or during the Independence Day event on July 4, the WSJ reported Thursday, citing people familiar with the matter. However, the pardons are still in the preliminary stages and have yet to be confirmed. More than 16,000 formal requests for presidential pardons were submitted last year.  Read more

A senior White House official has accused major banking trade leaders of refusing to join earlier talks on stablecoin rewards, escalating a dispute that has become one of the final pressure points ahead of the Senate Banking Committee taking up the CLARITY Act this week. In a May 11 post on the social media platform […] The post White House reveals US banks ‘refused’ to attend meetings to resolve stablecoin rewards issue in CLARITY Act appeared first on CryptoSlate.

White House digital-assets adviser Patrick Witt cited a recent exploit involving assets held by the U.S. Marshals as proof federal crypto holdings need safeguarding.

The CLARITY Act has stalled in Senate Banking deliberations, setting back an array of market rules that would solidify into law most of the pro-crypto stance that took hold in the President Donald Trump administration. Yet, Congress may have handed crypto markets an unexpected experiment. Galaxy Research puts the odds of enactment this year at […] The post CLARITY’s delay to test Wall Street’s $6.6 trillion stablecoin warning which is at odds with White House view appeared first on CryptoSlate.

A gunman fired shots in the hotel hosting the White House Correspondents’ Association dinner on Saturday, causing United States President Donald Trump and his cabinet to be rushed out before the suspect was taken into custody. Here is a timeline of the incident and its immediate aftermath. Around 8:35pm ET (5:35am PKT on Sunday): Guests at the Washington Hilton dinner took cover when shots were heard, video footage showed. Soon after, Secret Service agents rushed towards Trump, escorting the president and his cabinet from the ballroom. U.S. President Donald Trump, first lady Melania Trump, White House Press Secretary Karoline Leavitt and CBS News senior White House correspondent Weijia Jiang attend the annual White House Correspondents’ Association dinner in Washington, DC, US, April 25,. — Reuters Guests take cover after US President Donald Trump and first lady Melania Trump were rushed out of the White House Correspondents’ Association dinner by Secret Service agents when a man opened fire with a shotgun on...

Gunfire cut short the White House Correspondents’ Dinner on April 25, forcing the evacuation of President Donald Trump after a man armed with multiple weapons charged a security checkpoint at the high-profile gala. In a post on Truth Social, Trump revealed that US law enforcement agents subdued the suspect, who was later identified as Cole […] The post Official TRUMP token price in free fall amid White House shooting incident after memecoin gala appeared first on CryptoSlate.

US President Donald Trump will appear at an event for holders of the TRUMP memecoin after the White House previously said it wasn’t locked into his schedule. The White House has reportedly confirmed that US President Donald Trump will attend the exclusive event for top TRUMP memecoin holders at his Florida residence on Saturday, after questions were raised earlier this month over whether he would attend. Reuters reported on Friday that the White House confirmed Trump would deliver a keynote address at the gala luncheon organized by the company behind his Official Trump (TRUMP) memecoin. The gala is set to take place at Mar-a-Lago. It will be open to the top 297 holders of the TRUMP token, and the top 29 holders will also qualify for a private reception with the president. Read more

A White House digital assets official has slammed the traditional banking sector's continued opposition to the proposed stablecoin yield compromise in the CLARITY Act. On April 17, Patrick Witt, the executive director of the White House Presidential Advisory Committee on Digital Assets, accused the financial institutions of “greed or ignorance” due to their intensified lobbying […] The post White House tells “greedy” banks to “move on” from CLARITY Act stablecoin yield fight appeared first on CryptoSlate.

Anthropic CEO Dario Amodei visited US officials at the White House on Friday, where they struck a different tone from the recent dispute between the United States’ government and the AI startup. US media reported Amodei met with Susie Wiles, President Donald Trump’s chief of staff, as well as US Treasury Secretary Scott Bessent. “Today, the White House hosted an introductory meeting with Anthropic that was both productive and constructive,” a White House spokesperson told AFP. “We discussed opportunities for collaboration, as well as shared approaches and protocols to address the challenges associated with scaling this technology.” The rhetoric marks a departure from months earlier, when US President Donald Trump instructed the US government to “immediately cease” using Anthropic’s technology after the company refused to allow the Pentagon have unconditional use of its Claude AI models for military purposes. “We look forward to continuing this dialogue and will host similar discussions with other leading AI c...

"I don't have a ballpark," White House budget director Russell Vought told lawmakers Wednesday about the cost of the Iran war.

White House study sharpens CLARITY’s core fight as Senate execution remains the real test A recent White House economic study has changed the focus of Washington’s debate over the CLARITY Act. The report addresses the main issue slowing the bill in the Senate: whether limiting stablecoin yields actually protects the banking system. The study’s findings are […] The post White House exposes stablecoin yield ban wouldn’t help banks, raising the stakes for CLARITY in the Senate appeared first on CryptoSlate.

The American Bankers Association is concerned that stablecoin yields would lead to mass deposit outflows from smaller community banks. The American Bankers Association (ABA) has criticized a White House report that claimed banning stablecoin yields would only have a negligible impact on banks, arguing that the conclusion was reached by asking the “wrong question.” The White House’s Council of Economic Advisers claimed in a research paper on Wednesday, on the “Effects of Stablecoin Yield Prohibition on Bank Lending,” that under a baseline scenario, banning stablecoin yield may only increase bank lending by $2.1 billion, representing a marginal net increase of about 0.02%. ABA chief economist Sayee Srinivasan and vice president for banking and economic research Yikai Wang said in a statement on Monday that the “live policy concern” is not whether prohibiting yield on stablecoins would impact bank lending but whether allowing yield on stablecoins would encourage deposit outflows, particularly from community bank...

A new study from the American Bankers Association says the White House economists went after the wrong premise in their recent look at the issue.

Reuters reported that White House staff were warned against using confidential information after suspicious Iran-linked oil futures bets and fresh scrutiny of prediction markets. The White House warned staff against improperly using confidential information to place bets in futures markets after suspicious oil trades ahead of President Donald Trump’s March 23 Iran announcement drew scrutiny, according to Reuters. Reuters reported on Thursday that the White House sent the internal email on March 24, a day after Trump ordered a five-day delay in attacks on Iran’s energy infrastructure. The warning followed a roughly $500 million bet on Brent and West Texas Intermediate crude futures placed in a one-minute burst shortly before Trump’s March 23 announcement, according to Reuters calculations based on exchange data. Oil prices fell about 15% after the policy shift. Read more

The Trump administration and the broader crypto industry have initiated an unprecedented, multi-agency pressure campaign aimed at forcing the Senate to pass the Digital Asset Market Clarity Act, signaling a decisive final push to overhaul the regulatory framework of the $2.4 trillion cryptocurrency market before the 2026 midterm elections. In a highly synchronized effort this […] The post CLARITY Act faces White House blitz as Treasury and SEC flood Senate with coordinated pressure this week appeared first on CryptoSlate.