Senators push tighter rules on lawmakers' betting in prediction markets
Senators Kirsten Gillibrand and Dave McCormick introduced a bipartisan bill to bar members of Congress, the president, vice president, and senior executives from trading on prediction markets, require the CFTC to review and update rules to curb insider trading, and sanction platforms with age verification and case-by-case bans on bets tied to war or other sensitive events.
