POLITICSSEMAFOR
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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- US Senate Bans Members, Staff From Trading on Prediction Markets
- House holds off on prediction market ban despite bipartisan calls for prohibition
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- Trump wades into GOP fight over prediction market regulation
- House GOP eyes summer vote on prediction market restrictions for lawmakers