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U.S.SenatorsBarredfromTradingonPredictionMarkets
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#U.S.SenatorsBarredfromTradingonPredictionMarkets U.S. Senators Barred from Trading on Prediction Markets The U.S. Senate Ethics Committee ruled on April 30, 2026, that senators and senior staff are now prohibited from trading on prediction markets like Polymarket and Kalshi. The decision aims to prevent conflicts of interest, citing lawmakers’ access to non-public information that could influence political event contracts. The ban covers markets on elections, legislation, and policy outcomes. Violators face fines and ethics investigations. Senator Elizabeth Warren called it “essential for public trust,” while critics argue it limits financial freedom. The move follows increased scrutiny of congressional trading after recent crypto and AI policy bets surged on prediction platforms. $US
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