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Kalshi Wants to Help Americans Hedge Risk. Lawmakers Say It’s Just Gambling with a Different Name

Kalshi Wants to Help Americans Hedge Risk. Lawmakers Say It’s Just Gambling with a Different Name

by Erika Tulfo | May 26, 2026 | Business & Tech, Featured

WASHINGTON – Prediction market platforms like Kalshi and Polymarket are facing mounting pressure in Congress as lawmakers debate whether the platforms should be treated as financial exchanges or gambling operations. The platforms allow users to bet on real-world...
Senators eye crackdown on prediction markets advertising to minors

Senators eye crackdown on prediction markets advertising to minors

by Erika Tulfo | May 20, 2026 | Business, Business & Tech, Featured, Sports

WASHINGTON, May 20 (UPI) — As sports betting and prediction market platforms like Kalshi and Polymarket grow in popularity, U.S. senators on Wednesday weighed the need to regulate use of the platforms by minors. One main issue senators raised during a hearing by...
Ahead of Trump-Xi summit, Japanese lawmakers urge US to stay focused on US-Japan partnership in AI, critical minerals

Ahead of Trump-Xi summit, Japanese lawmakers urge US to stay focused on US-Japan partnership in AI, critical minerals

by Erika Tulfo and Yuqing Liu | May 6, 2026 | Business & Tech, Economy, Featured, Foreign Affairs

WASHINGTON – As President Donald Trump prepared for his meeting with China’s president Xi Jinping in Beijing next week, Japanese lawmakers urged the U.S. to remain focused on the U.S.-Japan alliance in artificial intelligence and critical minerals. Trump said at a...
Senate Committee advances bill banning AI companions for children

Senate Committee advances bill banning AI companions for children

by Wisdom Howell | May 5, 2026 | Business & Tech, Featured

A bipartisan bill that would ban minors from using AI companions, require all chatbots verify a user’s age, and allow AI companies to be prosecuted for harming children, was unanimously advanced to the Senate floor last week by the Senate Judiciary Committee. The...
Senate Committee passes bill banning AI companions for children

Senate Committee passes bill banning AI companions for children

by Wisdom Howell | Apr 30, 2026 | Business & Tech, Featured

WASHINGTON—A bipartisan bill that would ban minors from using AI companions, require all chatbots verify a user’s age, and allow AI companies to be prosecuted for harming children, was unanimously advanced to the Senate floor Wednesday by the Senate Judiciary...
Supreme Court mulls liability of tech firms in overseas rights abuses

Supreme Court mulls liability of tech firms in overseas rights abuses

by Nicole Cheah | Apr 28, 2026 | Business & Tech, Politics

WASHINGTON — Supreme Court justices appeared divided Tuesday morning about whether a U.S. tech company can be held liable for aiding the Chinese government’s alleged torture of a spiritual minority. The case is centered on whether practitioners in China of the...
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About Medill Washington

The stories here were reported, written and produced by Northwestern University graduate journalism students in the Washington program of the Medill School of Journalism, Media, Integrated Marketing Communications . Most also were published or broadcast by media organizations served by the school's unique news distribution plan. We specialize in enterprise reporting, multimedia and online journalism, as well as on accountability, working to uncover misbehavior by people in power.
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