Politics

Congress Takes Aim at Sportsbooks and Meme Coins

Updated 2026-08-04 16:25 UTC 1 source Negative

Senators Warren and Blumenthal demand an investigation into President Trump’s meme coin, while Congress calls for tighter regulation of sports betting apps.

Coverage timeline — 3 articles
The Hill
Texas Gov. Greg Abbott (R) this week directed state authorities to audit all data centers in the state's queue before any new ones can be hooked up to the grid. Abbott told the state’s public utility commission (PUC) and its grid operator, which is known as ERCOT, to audit all data centers’ electric
2026-08-04 15:56 UTC
The Hill
Sens. Elizabeth Warren (D-Mass.) and Richard Blumenthal (D-Conn.) sent a letter to the Securities and Exchange Commission (SEC) demanding an investigation into President Trump’s meme coin that they worried could be a “rug pull.” “Your agency is responsible for promoting integrity, stability, and fai
2026-08-04 15:57 UTC
The Hill
Congress should start with this story to understand how these gambling apps keep problem gamblers on the hook.
2026-08-04 16:00 UTC
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