Sen. Bernie Moreno‘s (R-OH) resolution to ban U.S. senators from trading on prediction markets unanimously passed the upper chamber on Thursday.
The resolution takes effect immediately, meaning Senate members, staff, and officers are no longer allowed to place bets on or use prediction markets like Polymarket or Kalshi. The participation of government officials and lawmakers on these platforms poses both insider trading and national security concerns.
Real journalism.Trusted by millions.
Unlimited access to in-depth reporting, expert analysis, and the stories that shape our country.
Subscribe Now
Already a member? Log in
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.