Ritchie Torres has introduced a bill to ban government officials from using insider information to trade on political prediction markets like Polymarket. The bill was prompted by reports that traders on Polymarket made large profits betting on Nicolas Maduro's removal, raising suspicions that some wagers were placed using material non-public information. "While such insider trading in capital markets is already illegal and often prosecuted by the Justice Department and Securities and Exchange Commission, online prediction markets are far less regulated," notes Axios. From the report: Rep. Ritchie Torres' (D-N.Y.) three-page bill, a copy of which was obtained by Axios, is called the Public Integrity in Financial Prediction Markets Act of 2026. It would ban federal elected officials, political appointees and bureaucrats from making insider trades on prediction sites sites such as Polymarket. Specifically, the bill prohibits such government officials from trading based on information that is not publicly available and that "a reasonable investor would consider important in making an investment decision." [...] It's not clear if House Speaker Mike Johnson (R-La.) would put Torres' bill to a vote in the House or if President Trump would sign it. "We're looking at the specifics of the bill, but we already ban the activity it cites and are in support of means to prevent this type of activity," said Elisabeth Diana, a spokesperson for the prediction website Kalshi. Diana added that the "activity from the past few days" did not occur on their platform.

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North Dakota passed a law last May to promote development of rare earth minerals in the state. But the law's language apparently also includes two fake mineral names, according to the Bismarck Tribune, "that appear to be inspired by coal company lawyers who worked on the bill." The inclusion of fictional substances is being called an embarrassment by one state official, a possible practical joke by coal industry leaders and mystifying by the lawmakers who worked on the bill, the North Dakota Monitor reported. The fake minerals are friezium and stralium, apparent references to Christopher Friez and David Straley, attorneys for North American Coal who were closely involved in drafting the bill and its amendments. Straley said they were not responsible for adding the fake names. "I assume it was put in to embarrass us, or to make light of it, or have a practical joke," Straley said, adding it could have been a clerical error. Agriculture Commissioner Doug Goehring questioned the two substances listed in state law during a recent meeting of the North Dakota Industrial Commission, which is poised to adopt rules based on the legislation... Friezium and stralium first appeared in the bill on the last afternoon of the legislative session as lawmakers hurried to pass several final bills... The amended bill is labeled as prepared by Legislative Council for Rep. Dick Anderson, R-Willow City, the prime sponsor and chair of the conference committee. Anderson said the amendments were prepared by a group of attorneys and legislators, including representatives from the coal industry... Jonathan Fortner, president of the Lignite Energy Council that represents the coal industry, said it's unfortunate this happened in such an important bill. "From the president on down, everyone's interested in developing domestic critical minerals for national security reasons," Fortner said. "While this may have been a legislative joke between some people that somehow got through, the bigger picture is one that is important and is a very serious matter."

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Reuters reports that the United States Department of the Treasury under the Donald Trump administration has lifted sanctions on three executives linked to the spyware firm Intellexa. Reuters reports: The move partially reverses the imposition of sanctions last year by then-President Joe Biden's administration on seven people tied to Intellexa. The Treasury Department at the time described the consortium, opens new tab, launched by former Israeli intelligence official Tal Dilian, as "a complex international web of decentralized companies that built and commercialized a comprehensive suite of highly invasive spyware products." Treasury said in an email that the removal "was done as part of the normal administrative process in response to a petition request for reconsideration." It added that each of the individuals had "demonstrated measures to separate themselves from the Intellexa Consortium." The notice said sanctions were lifted on Sara Hamou, whom the U.S. government accused of providing managerial services to Intellexa, Andrea Gambazzi, whose company was alleged by the U.S. government to have held the distribution rights to the Predator spyware, and Merom Harpaz, described by U.S. officials as a top executive in the consortium.

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Longtime Slashdot reader ptorrone writes: The January 1, 2026, NYC mayoral inauguration prohibits attendees from bringing specific brand-name devices, explicitly banning Raspberry Pi single-board computers and the Flipper Zero, listed alongside weapons, explosives, and drones. Rather than restricting behaviors or capabilities like signal interference or unauthorized transmitters, the policy names two widely used educational and testing tools while allowing smartphones and laptops that are far more capable. Critics argue this device-specific ban creates confusion, encourages selective enforcement, and reflects security theater rather than a clear, capability-based public safety framework. New York has handled large-scale events more pragmatically before.

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PostNord is ending letter delivery in Denmark after a 90%+ collapse in mail volume. It marks the first known case of a national postal carrier abandoning letters entirely -- a symbolic milestone of a fully digitized society that's sparking nostalgia even among people who stopped sending mail years ago. The New York Times reports: Denmark has had a postal service for more than 400 years. But a steep decline in its use has led the Nordic country's longtime postal carrier to stop letter deliveries entirely, a change taking effect on Tuesday. Danes have seen it coming for months: The carrier, PostNord, has been removing its red mailboxes, once a ubiquitous public fixture. The disappearance of the mailboxes is "what actually made people emotional," said Julia Lahme, a trend researcher and the director of Lahme, a Danish communications agency, "even though most of them hadn't sent a letter in 18 months." Letter writing in the country has declined by more than 90 percent since 2000, according to PostNord, which is owned jointly by the Danish and Swedish governments. Next year, in Denmark, it will only deliver packages, although in Sweden it will continue to deliver letters. The change comes partly as a result of a drop-off in government mail. Denmark is one of the world's most digitized countries. Only 250,000 people, or less than 5 percent of the population, still receive their official communications in the mail. "People simply do not rely on physical letters the way they used to," Andreas Brethvad, the communications director of PostNord Denmark, said in an emailed statement. He said that because nine in 10 Danes shop online each month, the change "is about keeping up with times to meet the demands of society. It's a natural evolution." The report notes that snail mail lovers will still be able to send and receive letters through Dao, a private company. "While some Danes are quietly mourning a service that, for the most part, they had largely stopped using, the transition feels like a sign of the times," reports the Times.

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The White House says it's investigating how a personal-finance YouTuber's livestream briefly appeared on the White House's official live video page. The creator says he has no idea how his video ended up there. The Associated Press reports: The livestream appeared for at least eight minutes late Thursday on whitehouse.gov/live, where the White House usually streams live video of the president speaking. It's unclear if the website was breached or the video was linked accidentally by someone in the government. The White House said in a statement that it was "aware and looking into what happened." The video that appeared on the government-run website featured some of a more than two-hour livestream from Matt Farley, who posts as @RealMattMoney, as he answered financial questions. Farley told The Associated Press on Friday that he had no idea what happened and learned about it after the fact. He said he had not been contacted by the government and didn't have any theories about how his livestream ended up on the website. He joked that he hoped President Donald Trump and his youngest son, Barron Trump, "are watching my streams and taking advice." "Had I known it would have been on the White House website, I probably would have had other things to talk about than personal finance," Farley said. When asked what other things he would discuss, Farley responded with a laugh and said: "What would you talk about with the world for eight minutes if you had an opportunity? I'm just some guy making YouTube videos about stocks."

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Longtime Slashdot reader schwit1 shares a report from Politico: The Senate on Wednesday approved Jared Isaacman for the top job at NASA -- an unprecedented comeback after President Donald Trump yanked his nomination this spring. Senators confirmed the billionaire private astronaut in a 67-30 vote. Trump renominated Isaacman for NASA administrator in November, after pulling his original nomination in May. He cited Isaacman's relationship with SpaceX CEO Elon Musk, with whom Trump had just had a falling out, as the rationale for his decision. Isaacman's surprise rebound followed months of political jockeying and help from high-profile figures in Trump's orbit. [...] Isaacman garnered backing from lawmakers during his hearing by confirming his support for NASA's Artemis moon-landing mission, a key prerogative for Capitol Hill. He also committed to instilling urgency at the space agency, citing China's space ambitions.

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FCC Chairman Brendan Carr said in his Wednesday Senate testimony that the agency he governs "is not an independent agency, formally speaking." Axios: During his testimony, the word "independent" was removed from the FCC's mission statement on its website. The extraordinary statement speaks to a broader trend of regulatory agencies losing power to the executive branch during the Trump era. Last week, the Supreme Court appeared poised to allow President Trump to fire members of the Federal Trade Commission during oral arguments over the issue. Sen. Ben Ray LujÃn (D-N.M.) began the line of questioning, citing the FCC's website, which said the agency was independent as of Wednesday morning. By Wednesday afternoon, the FCC's mission statement no longer said it was independent. Chairman Carr would not respond directly to questions about whether he believed the president was his boss. He would not answer whether it's appropriate if the president were to pressure him to go after media companies. He suggested the president has the power to fire him and other FCC commissioners.

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President Trump signed an executive order establishing a single federal AI regulatory framework that preempts state-level rules, aiming to centralize oversight of the rapidly growing AI industry. "The Trump administration, with the aid of AI and crypto czar David Sacks, has been pursuing a path that would allow federal rules to preempt state regulations on AI, a move meant to keep big Democratic-led states like California and New York from exerting their control over the growing industry," notes CNBC. Developing...

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An anonymous reader quotes a report from Reuters: U.S. Secretary of State Marco Rubio on Tuesday ordered diplomats to return to using Times New Roman font in official communications, calling his predecessor Antony Blinken's decision to adopt Calibri a "wasteful" diversity move, according to an internal department cable seen by Reuters. The department under Blinken in early January 2023 had switched to Calibri, a modern sans-serif font, saying this was a more accessible font for people with disabilities because it did not have the decorative angular features and was the default in Microsoft products. A cable dated December 9 sent to all U.S. diplomatic posts said that typography shapes the professionalism of an official document and Calibri is informal compared to serif typefaces. "To restore decorum and professionalism to the Department's written work products and abolish yet another wasteful DEIA program, the Department is returning to Times New Roman as its standard typeface," the cable said. "This formatting standard aligns with the President's One Voice for America's Foreign Relations directive, underscoring the Department's responsibility to present a unified, professional voice in all communications," it added.

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Congress quietly removed provisions that would have let the U.S. military fix its own equipment without relying on contractors, despite bipartisan and Pentagon support. The Register reports: The House and Senate versions of the NDAA passed earlier both included provisions that would have extended common right-to-repair rules to US military branches, requiring defense contractors to provide access to technical data, information, and components that enabled military customers to quickly repair essential equipment. Both of those provisions were stripped from the final joint-chamber reconciled version of the bill, published Monday, right-to-repair advocates at the US Public Interest Research Group (PIRG) pointed out in a press release. [...] According to PIRG's press release on the matter, elected officials have been targeted by an "intensive lobbying push" in recent weeks against the provisions. House Armed Services Committee chair Mike Rogers (R-AL) and ranking Democrat Adam Smith (D-WA), responsible for much of the final version of the bill, have received significant contributions from defense contractors in recent years, and while correlation doesn't equal causation, it sure looks fishy. [Isaac Bowers, PIRG's federal legislative director] did tell us that he was glad that the defense sector's preferred solution to the military right to repair fight -- a "data as a service" solution -- was also excluded, so the 2026 NDAA isn't a total loss for the repairability fight. "That provision would have mandated the Pentagon access repair data through separate vendor contracts rather than receiving it upfront at the time of procurement, maintaining the defense industry's near monopoly over essential repair information and keeping troops waiting for repairs they could do quicker and cheaper themselves," Bowers said in an email. An aide to the Democratic side of the Committee told The Register the House and Senate committees did negotiate a degree of right-to-repair permissions in the NDAA. According to the aide and a review of the final version of the bill, measures were included that require the Defense Department to identify any instances where a lack of technical data hinders operation or maintenance of weapon systems, as well as aviation systems. The bill also includes a provision that would establish a "technical data system" that would "track, manage, and enable the assessment" of data related to system maintenance and repair. Unfortunately, the technical data system portion of the NDAA mentions "authorized repair contractors" as the parties carrying out repair work, and there's also no mention of parts availability or other repairability provisions in the sections the staffer flagged -- just access to technical data. That means the provisions are unlikely to move the armed forces toward a new repairability paradigm.

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An anonymous reader quotes a report from the Wall Street Journal: The Trump administration has agreed to inject up to $150 million into a startup (source paywalled; alternative source) trying to develop more advanced semiconductor manufacturing techniques in the U.S., its latest bid to support strategically important domestic industries with government incentives. Under the arrangement, the Commerce Department would give the incentives to xLight, a startup trying to improve the critical chip-making process known as extreme ultraviolet lithography, the agency said in a Monday release. In return, the government would get an equity stake that would likely make it xLight's largest shareholder. The Dutch firm ASML is currently the only global producer of EUV machines, which can cost hundreds of millions of dollars each. XLight is seeking to improve on just one component of the EUV process: the crucially important lasers that etch complex microscopic patterns onto chemical-treated silicon wafers. The startup is hoping to integrate its light sources into ASML's machines. XLight represents a second act for Pat Gelsinger, the former chief executive of Intel who was fired by the board late last year after the chip maker suffered from weak financial performance and a stalled manufacturing expansion. Gelsinger serves as executive chairman of xLight's board. [...] The xLight deal uses funding from the 2022 Chips and Science Act allocated for earlier stage companies with promising technologies. It is the first Chips Act award in President Trump's second term and is a preliminary agreement, meaning it isn't finalized and could change. "This partnership would back a technology that can fundamentally rewrite the limits of chipmaking," Commerce Secretary Howard Lutnick said in the release.

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