Bobby Allen
speaker
2,223 appearances
303 recordings
4 series
first heard Nov 2024
last heard yesterday
Bobby Allen’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 234 in all, peaking in Sep 2026 with 31.
Appearances
Democrats, too, have taken notice.
They've been criticizing this.
I talked to lawyers who formerly worked at the Securities and Exchange Commission, and they said this service looks like it violates insider trading laws against misusing public information to give certain investors an upper hand.
Say, the president posts about the Strait of Hormuz, and a trader uses that to make money on oil futures.
Democrats, too, have taken notice.
They've been criticizing this.
Senators Elizabeth Warren and Adam Schiff wrote a letter to the SEC demanding an investigation.
For $100,000 a month, Truth API offers an early feed of the president's Truth Social posts.
Since Trump regularly uses his social media site to make news about the economy and world affairs or hints at government policy, the posts can move the stock market.
Former regulators with the Securities and Exchange Commission told NPR the service appears to violate insider trading laws against misusing government information for private gain.
Government disclosures show Trump made more than $2 billion while in office last year.
Bobby Allen, NPR News.
New York Attorney General Letitia James' lawsuit seeks to have the country's biggest prediction market company banned.
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The suit is also asking a court to force Kalshi to forfeit all of its billions of dollars in profits to the state.
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It's the latest legal showdown between states and the prediction market industry led by PolyMarket and Kalshi.
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44 states recently wrote the Trump administration asking that the booming companies be regulated like any other gambling operation.
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But the industry has the support of the White House, which argues the federal government should oversee the sector.
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In New York, legal online gambling is subject to a 51% tax rate.
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Kalshi, as a prediction market company, avoids that altogether.
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Bobby Allen, NPR News.
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Showing 421–440 of 2,223 · page 22 of 112
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