All posts tagged: Amy Klobuchar

Senate overturns Boundary Waters protections, a boon for Chilean mining company

Senate overturns Boundary Waters protections, a boon for Chilean mining company

Published by Sam Flores

Outdoor enthusiasts travel by canoe through several of the hundreds of fresh water lakes that make up the Boundary Waters in the northern woods of Minnesota. Andrew Lichtenstein | Corbis News | Getty Images The Senate on Thursday overturned a mining moratorium in Minnesota’s Superior National Forest, a boon for a Chilean mining company subsidiary and a stinging loss for environmentalists trying to protect the Boundary Waters Canoe Area Wilderness. The chamber voted 50-49 to overturn a protection imposed by President Joe Biden in 2023 that he set for 20 years. It clears the way for a long-stalled mine project proposed by Twin Metals Minnesota to restart plans to access the immense stores of copper and other minerals in the Superior National Forest near the Boundary Waters. It’s the latest step in a long battle over mining in the area, which has seesawed for years between Democratic and Republican administrations as environmental groups warn the project could pollute the country’s most visited wilderness area. The mine sought by Twin Metals, a subsidiary of Chilean mining …

No prediction market bets on sports, election, war under new bill

No prediction market bets on sports, election, war under new bill

Published by Sam Flores

Sen. Jeff Merkley (D-OR) speaks at a news conference on his marathon overnight speech on the Senate floor at the U.S. Capitol Building on Oct. 22, 2025 in Washington, DC. Andrew Harnik | Getty Images A group of congressional Democrats on Thursday introduced legislation that would ban prediction market bets on elections, government actions, war and sports, as scrutiny on the popular platforms intensifies. Sens. Jeff Merkley, D-Ore., and Elizabeth Warren, D-Mass., and Rep. Jamie Raskin, D-Md., are leading the measure, which comes after a series of well-timed bets placed on world events — including the ousting of Venezuelan President Nicolas Maduro and the war in Iran — raised questions about prediction markets like Kalshi and Polymarket. “When anyone can use prediction markets to make a well-timed bet on Congress passing a bill, government decisions, or a military strike, it’s ripe for corruption and erodes public trust,” Merkley said in a statement. “The STOP Corrupt Bets Act restores the original intent of prediction markets and prevents these markets from further eroding our democratic institutions and turning them …

Merkley bill would ban government officials from prediction markets

Merkley bill would ban government officials from prediction markets

Published by Sam Flores

U.S. Sen. Jeff Merkley (D-Ore,) speaks during a press conference addressing a new policy that demands recipients of foreign military aid to follow international humanitarian law at the U.S. Capitol in Washington, U.S., February 9, 2024. Nathan Howard | Reuters Payouts to unnamed bettors after the ouster of former Venezuelan President Nicolás Maduro and the U.S. attack on Iran put prediction markets in the spotlight. Now, lawmakers are trying to block elected officials from getting rich off them. A previously unreported bill led by Sens. Jeff Merkley, D-Ore., and Amy Klobuchar, D-Minn., being introduced on Thursday would ban the president, vice president and members of Congress from trading event contracts — which allow users to wager on the outcome of specific events. It would also limit prediction market activity for senior executive branch officials and impose fines starting at $10,000 for violators. “Members receive all sorts of tips and advice,” Merkley said in an interview. “The actual demonstration of insider trading is too difficult to be sufficient to address the problem. The problem becomes both …

Democratic Sen. Klobuchar running for Minnesota governor

Democratic Sen. Klobuchar running for Minnesota governor

Published by Sam Flores

U.S. Sen. Amy Klobuchar said Thursday she is running for governor of Minnesota, promising to take on President Donald Trump while unifying a state that has endured a series of challenges even before the federal government’s immigration crackdown. Klobuchar’s decision gives Democrats a high-profile candidate and proven statewide winner as their party tries to hold onto the office occupied by Gov. Tim Walz. The 2024 Democratic vice presidential nominee, Walz, abandoned his campaign for a third term earlier this month amid criticism over mismanagement of taxpayer funding for child care programs. “Minnesota, we’ve been through a lot,” Klobuchar said in a video announcement Thursday. “These times call for leaders who can stand up and not be rubber stamps of this administration — but who are also willing to find common ground and fix things in our state.” Klobuchar cited Trump’s immigration crackdown in Minnesota, federal officers killing two Minnesotans who protested, the assassination of a state legislative leader and a school shooting that killed multiple children — all within the last year. She avoided direct …