Kalshi, the company that controls roughly 89-90% of the US prediction market, is doing what every dominant player eventually does when regulation comes knocking: it’s moving to Washington.
The CFTC-regulated platform opened a dedicated office in the capital back in January 2026 and has been steadily filling it with the kind of people who know how to work a Congressional hallway. The hiring spree spans policy, communications, and government relations.
The roster taking shape
John Bivona, a former advisor to the Biden administration, was brought on as head of government relations. In April 2026, Kalshi added Stephanie Cutter, a former Obama aide, as its policy advisor. The hires also include former regulators and Capitol Hill veterans. For a company that spent $615,000 on federal lobbying in 2025 alone, the office is less of a symbolic gesture and more of a permanent forward operating base.
To put that spending in perspective, Kalshi and Polymarket combined spent nearly $1 million on federal lobbying in 2025.
