President Donald Trump criticized insurance company State Farm as "absolutely horrible" in connection with the Los Angeles area fires, following discussions with local officials including Mayor Karen Bass.

The president's comments about the major insurer came as wildfires continue to impact the Los Angeles region, though specific details about State Farm's response or the nature of Trump's concerns were not immediately available.

Separately, the Trump administration filed lawsuits against three states over their attempts to regulate prediction markets, marking the administration's most significant effort to override state laws governing the betting industry.

The legal action represents an escalation in the ongoing dispute between federal and state authorities over who has jurisdiction to regulate the rapidly expanding prediction market sector, which has become increasingly controversial.

The suits signal the administration's intent to establish federal primacy in setting rules for the betting industry, which has grown substantially in recent years and generated regulatory debates across multiple states.

Both developments occurred within the early weeks of Trump's presidency as his administration moves to address various policy priorities across different sectors.