Annual presidential address to Congress on the nation’s condition and policy
The White House has placed Gabriel Perez, a teleprompter operator who has worked for the president since 2016, on unpaid administrative leave after Kalshi flagged suspicious bets tied to words in presidential speeches. Kalshi has referred trades to the Commodity Futures Trading Commission and has frozen more than $90,000 in accounts while regulators investigate.
The Commodity Futures Trading Commission has settled with George Santos, banning him from trading for three years, and ordering him to forfeit more than $17,000 and pay a $17,500 penalty for trading on Kalshi bets about the State of the Union attendance. Santos’s lawyer says the resolution puts this matter behind him, with no admission of wrongdoing.
The campaign cycle intensifies as Abdul El-Sayed defends his vision against Donald Trump’s critique of two Americas, while Trump amplifies attacks amid growing tensions around race, religion, and policy in Michigan.
Prediction-market platform Kalshi has permanently banned George Santos and fined him $71,356 after its compliance team concluded he traded on contracts tied to his attendance at President Trump’s 2026 State of the Union address and manipulated prices with public statements. The CFTC has already secured a separate $35,000 settlement and a three‑year trading ban.
Gas prices have reached Labor Day highs as US-Iran hostilities persist and a Venezuela oil deal faces questions over enforceability and impact on supply. Officials see potential downward pressure as demand cools after summer, but uncertainty remains about how quickly prices will fall.
Leaders of the largest AI labs have endorsed slowing model development, while policymakers press for safeguards. Governments weigh emergency measures, with UK officials resisting a national kill switch and urging targeted interventions.
The EU will propose a new law to shield children from social media harms, while Ursula von der Leyen is due to outline a possible age limit for minors. Canada’s Carney will address the European Parliament as Brussels pushes for safer platforms and closer Canada–EU ties.