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The Nexus
POLITICSJun 9 · 21:00 UTCSEMAFORNicholas Wu

House prediction market ban faces turbulence

House Republicans aim to restrict prediction market trading, but Democrats oppose the effort, seeking to pass a stronger ban next year if they gain control. Rep. Bryan Steil proposed amending stock trading legislation to include prediction market restrictions, but Democratic pushback may block the package. A Democrat, Rep. Joe Morelle, stated support could be possible if the bill addresses stock trading comprehensively.

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