intel

Republican senators warn surveillance program may lapse after Trump intel pick backlash

Republicans are warning the White House that a critical surveillance authority is likely to lapse this week amid bipartisan backlash over President Trump’s pick to lead the nation’s intelligence community.

Sen. Tom Cotton, the chairman of the Senate Intelligence Committee, and Sen. Chuck Grassley, chairman of the Senate Judiciary Committee, sounded the alarm over the weekend after a failed procedural vote to extend the program.

The senators in a letter urged Secretary of State Marco Rubio to prepare “for a potential significant gap in foreign intelligence collection” if the authority expires. Section 702 of the Foreign Intelligence Surveillance Act, set to lapse June 12, allows agencies including the CIA, National Security Agency and FBI to collect communications from foreign targets overseas without a warrant.

Efforts to secure a long-term extension of the program already faced hurdles because of bipartisan concerns that the program can incidentally collect Americans’ communications. Privacy advocates and some lawmakers have been pushing to create a new warrant requirement before those communications can be searched.

Senate leaders from both parties appeared to be nearing agreement on a long-term extension. But the effort collapsed after Trump selected federal housing finance regulator Bill Pulte to serve as acting director of national intelligence.

“I know how important this tool is. Why the president would throw this live hand grenade of Bill Pulte in 10 days before this is due to expire, I’m not sure,” Sen. Mark Warner, the top Democrat on the Senate Intelligence Committee, said on ABC’s “This Week.”

Pulte pick upends bipartisan deal

Early Friday morning, after senators spent the night debating separate immigration legislation, seven Republicans joined nearly all Democrats in blocking a long-term extension of the surveillance authority.

Democrats and several Republicans registered their opposition to Trump’s selection of Pulte, arguing the federal housing finance regulator lacks the experience needed to oversee the nation’s 18 intelligence agencies.

“The naming of Pulte to that position, although the timing arguably wasn’t the best, I still don’t think it ought to derail something that’s this important,” Senate Majority Leader John Thune said.

Thune has expressed concern over Pulte’s pick, saying the nation’s top intelligence post should not be “weaponized” and that the job should be filled by “professionals.” Cotton, who rarely strays from supporting Trump and a leading advocate for the surveillance authority, declined to endorse Pulte, saying only that he had “no observations on the matter.”

“He’s not qualified for the long-term position,” Republican Sen. James Lankford, another member of the Intelligence Committee, told “Fox News Sunday.” “That’s been clear on this. He has no national security background.

Both Republican and Democratic senators skeptical of Pulte pointed to his record at the Federal Housing Finance Agency. In the role, he’s been linked with criminal referrals over allegations of mortgage fraud by public officials Trump sought to punish, including New York Attorney General Letitia James, a Democrat; Sen. Adam Schiff, D-Calif.; and Lisa Cook, a board member of the Federal Reserve.

Republicans will need to garner some Democratic support to pass any extension of the surveillance authority in the Senate. But a breakthrough appears difficult so long as Pulte remains in the position, which Trump said last week would only be temporary.

“I don’t see any path to convincing enough Democrats,” Warner said on CNN’s “State of the Union” when asked if renewal was possible with Pulte in the position.

The current reauthorization debate is hardly the first time that lawmakers have grappled with the fate of the surveillance program, particularly after a flurry of revelations about government misuse of the vast trove of intelligence it collects.

The topic in recent years has scrambled predictable partisan alliances, with Democratic critics of the Trump administration uniting with skeptics of government power on the right in voicing concerns about Section 702’s renewal.

In 2024, for instance, those divisions nearly caused the program to lapse. The Senate barely missed its midnight deadline that year before approving by a 60-34 margin legislation to reauthorize Section 702 that was subsequently signed by then-President Joe Biden.

A spokesperson at the Justice Department did not immediately return messages seeking comment Monday about the national security concerns that would be created if the program lapses. The Office of the Director of National Intelligence referred inquiries to the White House, which did not immediately respond to a request for comment.

“America faces real threats from foreign adversaries, terrorists, cyber actors, and hostile intelligence services,” Defense Secretary Pete Hegseth said on social media Sunday. “Section 702 remains one of our nation’s most effective tools for identifying and disrupting those threats before they reach our shores.”

Cotton and Grassley said they believed Democratic leaders would not support another short-term extension of the surveillance authority and urged Rubio to prepare contingency plans. They said Trump should consider an executive order to prevent a disruption in intelligence collection.

Cotton and Warner had said they were close on a bipartisan deal on a long-term extension and could still move quickly should a change occur before Friday. Still, the bill would likely need to go through the House — and the two chambers so far have disagreed on a separate issue regarding central banking digital currency.

“If we go dark next week, right before the World Cup FIFA games, and the 250th anniversary, that would be the most grossly irresponsible thing I’ve seen Congress do in my 22 years in office,” Texas Republican Rep. Michael McCaul said on ABC’s “This Week.”

Cappelletti, Jalonick and Tucker write for the Associated Press.

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QuickLogic outlines 50% to 100% 2026 revenue growth as RADPro dev kits and Intel 18A contracts ramp (NASDAQ:QUIK)

Earnings Call Insights: QuickLogic (QUIK) Q1 2026

Management View

  • CEO Brian C. Faith positioned Q1 as progress toward a 2026 growth target, saying, “we have made significant progress toward our goal of delivering 50% to 100% year-over-year revenue growth in 2026,” and added, “we continue to expect

Seeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is intended for informational purposes only. Seeking Alpha does not take account of your objectives or your financial situation and does not offer any personalized investment advice. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank.

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U.S. soldier charged with using classified intel to win $400,000 on Maduro raid is being released on bond

A U.S. special forces soldier who took part in the capture of Venezuelan President Nicolás Maduro will be released on bond on charges accusing him of using classified information about the operation to win more than $400,000 in an online prediction market, a federal magistrate said Friday.

The magistrate in North Carolina said he would allow Gannon Ken Van Dyke to be released and told him to report to a New York federal courthouse by Tuesday to continue his case there.

Bearded with arm tattoos, Van Dyke said little during the nearly hourlong hearing, during which he was appointed a federal public defender who declined to comment afterward. The $250,000 unsecured bond did not require Van Dyke to put up any money.

Federal prosecutors say Van Dyke used his access to classified information about the operation to capture Maduro in January to win money on the prediction market site Polymarket.

The sites allow people to trade on almost anything — from the Super Bowl to U.S. elections and even the winners of the TV reality shows.

Van Dyke, who is stationed at Fort Bragg near Fayetteville, N.C., was charged Thursday with the unlawful use of confidential government information for personal gain, theft of nonpublic government information, commodities fraud, wire fraud and making an unlawful monetary transaction.

He could face up to 10 years on four of the criminal counts, and up to 20 years on a fifth, the government said Friday. A publicly listed phone number listed for Van Dyke isn’t in service.

Van Dyke, 38, was involved for about a month in the planning and execution of capturing Maduro, according to the New York federal prosecutor’s office. He signed nondisclosure agreements promising to not divulge “any classified or sensitive information” related to the operations, but prosecutors say he used what he knew to make a series of bets related to Maduro being out of power by Jan. 31.

“This involved a U.S. soldier who allegedly took advantage of his position to profit off of a righteous military operation,” FBI Director Kash Patel said in a social media post.

Polymarket, one of the largest prediction markets, said it found someone trading on classified government information, alerted the Justice Department and “cooperated with their investigation.”

Massive profits from well-timed bets aroused public attention days after the raid in Venezuela and brought bipartisan calls for stricter regulation of the markets.

The sudden rise of these markets has led to growing scrutiny by Congress and state governments. Some lawmakers alarmed by highly specific, well-timed trades on the U.S. and Israel’s war against Iran and wagers on President Trump’s next moves have pushed for guardrails against insider trading.

The Trump administration has been supportive of the industry’s expansion. The president’s eldest son is an advisor for both Polymarket and its main competitor, Kalshi,, and is a Polymarket investor. Trump’s social media platform, Truth Social, is launching its own prediction market called Truth Predict.

The Commodity Futures Trading Commission, the federal agency that regulates prediction markets, announced Thursday that it had filed a parallel complaint against Van Dyke.

That complaint alleges that Van Dyke moved $35,000 from his personal bank account into a cryptocurrency exchange account on Dec. 26 — a little over a week before U.S. forces flew into Caracas and seized Maduro.

Van Dyke made a series of bets on when Maduro might be removed from power, according to the complaint. He placed those bets between Dec. 30 and Jan. 2, with the vast majority occurring the night of Jan. 2 — just hours before the first missiles struck Caracas.

The bets resulted in “more than $404,000 of profits,” the complaint says.

“The defendant was entrusted with confidential information about U.S. operations and yet took action that endangered U.S. national security and put the lives of American service members in harm’s way,” said Michael Selig, the commission’s chairman.

Robertson writes for the Associated Press. AP reporters Allen G. Breed in Raleigh and John Seewer in Toledo, Ohio, contributed to this report.

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