Senators Move to Bar Themselves from Prediction Markets
TL;DR Summary
The Senate unanimously voted to ban its members and Senate staff from participating in prediction markets amid scrutiny of insider-trading concerns tied to bets on elections and other events. Introduced by Sen. Bernie Moreno, the ban targets platforms like Kalshi and Polymarket and aims to address ethics in Congress; the House is not included in the ban.
- Senators ban themselves from participating in prediction markets The Washington Post
- U.S. senators ban themselves from prediction markets trading CNBC
- U.S. Senators Now Prohibited From Trading on Prediction Markets WSJ
- Gillibrand, McCormick team up to crack down on prediction markets Politico
- Senators Banned From Gambling On Prediction Markets Forbes
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