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House panel advances partial prediction market ban
As concerns grow over insider trading on prediction markets, a House panel advanced a bill Wednesday that would curb how lawmakers can use them. House Administration Chair Bryan Steil, R-Wis., described his proposal as a narrow but important “step in restoring public trust.” With the midterm elections approaching, congressional approval ratings are hovering near record […]
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fortune.com
Coming to an election near you: prediction markets | Fortune
Minnesota has banned the platforms outright, Massachusetts is suing Kalshi, and nearly 70% of Americans want government officials barred from trading.
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upi.com
Committee advances bill banning lawmakers from political betting markets - UPI.com
House Republicans on Wednesday advanced a bill to ban members of Congress and their family members from taking part in political prediction markets.
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rollcall.com
House panel advances partial prediction market ban
As concerns grow over insider trading on prediction markets, a House panel advanced a bill Wednesday that would curb how lawmakers can use them. House Administration Chair Bryan…
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huffpost.com
House Not Following Senate’s Lead On Banning Members From Prediction Markets
Senators unanimously disallowed themselves from using the new gambling platforms. House members have hesitated.