Lawmakers from both parties are converging on an unusual point of agreement: prediction markets may have gone too far. Yet even as Congress moves to tighten oversight, the Trump administration’s support for the platforms—and regulators’ reluctance to intervene—leaves the bipartisan push facing long odds. The rise of platforms like Kalshi and Polymarket, which gained widespread attention after poll‑beating forecasts during the 2024 presidential election, has been accompanied by growing unease