Congress’ Prediction Market Crackdown Ups Pressure for Stock Trading Ban

Orientul Mijlociu

Growing efforts to rein in lawmakers’ use of prediction markets have intensified pressure on Congress to confront the broader issue of stock trading by its members. Despite years of proposals and bipartisan support from the public , attempts to ban stock trading by sitting members of Congress and their families remain largely stalled. However, recent Senate actions and state-level actions targeting prediction market activity, prompted by the related concerns over insider trading and conflicts

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