Senate bans its own members and staff from betting in prediction markets
The U.S. Senate unanimously approved a bipartisan resolution banning senators and their staff from participating in prediction markets, citing concerns over conflicts of interest and the misuse of sensitive information. The move follows recent incidents involving classified information being used for betting and growing scrutiny of platforms like Polymarket and Kalshi. Senate leaders from both parties described the ban as a necessary step to preserve public trust in government.
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ABC NewsLiveVideoShowsGood Morning AmericaShopGMAInterest Successfully AddedWe'll notify you here with news aboutTurn on desktop notifications for breaking stories about interest? OffOnStream onSenate bans its own members and staff from betting in prediction marketsThe Senate has approved a bipartisan resolution to prevent its members from using prediction marketsByMARY CLARE JALONICK Associated PressApril 30, 2026, 2:45 PM1:34FILE - An advertisement for prediction market platform Kalshi hangs at 13th and L Streets in northwest Washington, April 1, 2026.
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