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House votes unanimously to hold Epstein business associate Leon Black in contempt of Congress

Washington — The House unanimously agreed to hold billionaire investor Leon Black in contempt of Congress for defying subpoenas as part of lawmakers’ investigation into the late Jeffrey Epstein.  The measure was passed by unanimous consent a day after the House Oversight Committee voted 41-0 to recommend holding him in contempt.  The matter now heads…

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Bessent to speak as Trump administration expected to unveil new Iran sanctions

Washington — Treasury Secretary Scott Bessent is holding a press conference Monday at the Treasury Department as the Trump administration announces the details of what it’s calling “economic D-Day” for Iran.  Bessent is expected to broaden the administration’s current sanctions regime with the threat of stronger secondary sanctions on entities and countries that transact with…

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New York City Council probing Kalshi, Polymarket and other prediction markets over marketing claims

The New York City Council said Wednesday that it is investigating four prediction markets over allegations that the companies engage in deceptive marketing. The probe will examine the advertising practices of Gemini Titan, Kalshi and Polymarket, all of which are based in New York, as well as Texas-based Coinbase. “Prediction markets aggressively entice consumers to…

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