Prediction Markets Ban: Bipartisan Bill Targets President and Congress in Sweeping Insider Trading Crackdown
WASHINGTON, D.C. — A bipartisan legislative effort aims to fundamentally reshape how federal officials interact with prediction markets, proposing sweeping restrictions that would ban the president, members of Congress, and their immediate families from wagering on political outcomes. Introduced in March 2026, the Preventing Real-time Exploitation and Deceptive Insider Congressional Trading Act (PREDICT Act) represents […]
