Business

Congress Considers Regulation of Prediction Markets

Updated 2026-06-05 17:45 UTC 1 source Neutral

Rep. Bryan Steil, R-Wisc., is drafting a bill to ban Congress members and their staff from betting on prediction markets such as Kalshi and Polymarket. The move comes amid growing scrutiny of these platforms.

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CNBC
Rep. Bryan Steil, R-Wisc., is working on a bill to ban Congress members and their staff from certain bets on prediction markets such as Kalshi and Polymarket.
2026-06-05 17:27 UTC
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