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Ritchie Torres has introduced a bill to ban government officials from using insider information to trade on political prediction markets like Polymarket. The bill was prompted by reports that traders on Polymarket made large profits betting on Nicolas Maduro's removal, raising suspicions that some wagers were placed using material non-public information. "While such insider trading in capital markets is already illegal and often prosecuted by the Justice Department and Securities and Exchange Commission, online prediction markets are far less regulated," notes Axios. From the report: Rep. Ritchie Torres' (D-N.Y.) three-page bill, a copy of which was obtained by Axios, is called the Public Integrity in Financial Prediction Markets Act of 2026. It would ban federal elected officials, political appointees and bureaucrats from making insider trades on prediction sites sites such as Polymarket. Specifically, the bill prohibits such government officials from trading based on information that is not publicly available and that "a reasonable investor would consider important in making an investment decision." [...] It's not clear if House Speaker Mike Johnson (R-La.) would put Torres' bill to a vote in the House or if President Trump would sign it. "We're looking at the specifics of the bill, but we already ban the activity it cites and are in support of means to prevent this type of activity," said Elisabeth Diana, a spokesperson for the prediction website Kalshi. Diana added that the "activity from the past few days" did not occur on their platform.

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Department for Work and Pensions lines up bot bouncers for one of Europe's largest call-handling systems

The UK's Department for Work and Pensions (DWP) is set to introduce a conversational AI platform it hopes will steer calls from citizens with queries about their benefits. The contract is worth up to £23 million.…

National Weather Service pulled an AI-generated forecast graphic after it hallucinated fake town names in Idaho. "The blunder -- not the first of its kind to be posted by the NWS in the past year -- comes as the agency experiments with a wide range of AI uses, from advanced forecasting to graphic design," reports the Washington Post. "Experts worry that without properly trained officials, mistakes could erode trust in the agency and the technology." From the report: At first glance, there was nothing out of the ordinary about Saturday's wind forecast for Camas Prairie, Idaho. "Hold onto your hats!" said a social media post from the local weather office in Missoula, Montana. "Orangeotild" had a 10 percent chance of high winds, while just south, "Whata Bod" would be spared larger gusts. The problem? Neither of those places exist. Nor do a handful of the other spots marked on the National Weather Service's forecast graphic, riddled with spelling and geographical errors that the agency confirmed were linked to the use of generative AI. NWS said AI is not commonly used for public-facing content, nor is its use prohibited. The agency said it is exploring ways to employ AI to inform the public and acknowledged mistakes have been made. "Recently, a local office used AI to create a base map to display forecast information, however the map inadvertently displayed illegible city names," said NWS spokeswoman Erica Grow Cei. "The map was quickly corrected and updated social media posts were distributed." A post with the inaccurate map was deleted Monday, the same day The Washington Post contacted officials with questions about the image. Cei added that "NWS is exploring strategic ways to continue optimizing our service delivery for Americans, including the implementation of AI where it makes sense. NWS will continue to carefully evaluate results in cases where AI is implemented to ensure accuracy and efficiency, and will discontinue use in scenarios where AI is not effective." A Nov. 25 tweet out of the Rapid City, South Dakota, office also had misspelled locations and the Google Gemini logo in its forecast. NWS did not confirm whether the Rapid City image was made with generative AI.

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