The Consumer Financial Protection Bureau deleted at least 2,200 webpages last month — consumer advisories, enforcement records, and congressional testimony dating to 2010. The deletion is not digital housekeeping. It is the erasure of an institutional record that the financial industry spent fifteen
House Oversight has launched an investigation into Kalshi and Polymarket over potential insider trading using classified information. The probe is narrower than the problem it's trying to address — and it doesn't ask whether Congress itself is part of the market.
Polymarket is seeking $400 million at a $15 billion valuation, with Middle East conflict betting driving its growth. The platform's business model — and the insider trading concerns it has attracted — have drawn no regulatory response.
The private credit industry manages $1.7 trillion in high-risk corporate loans with almost no regulatory oversight. Now defaults are rising, and financial watchdogs lack the legal tools to prevent a systemic crisis.