Democratic Candidates Lead In Prediction Markets
The US Senate approved a bipartisan resolution today to prevent senators and their staff from using prediction markets. The move follows discussions regarding financial transparency for lawmakers. Senator Bernie Moreno, a Republican from Ohio, presented a resolution to change the standing rules of the United States Senate. The move is intended to ensure constituents know that such monetization is prohibited. The source noted that administration employees should also be subject to these rules to prevent corruption and self-dealing. The decision was reported from Capitol Hill. Defense Secretary Pete Hegseth suggested that the ceasefire in effect since early April has effectively halted the 60-day clock regarding certain war powers. The move follows concerns reported by NPR regarding the use of these platforms for potential insider trading.
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Sources · 7 independent
“approved a bipartisan resolution to prevent its members from using prediction markets. The resolution passed by Voice Vote today bans senators and their staffs from making bets on upcoming events.”
“The resolution passed by Voice Vote today bans senators and their staffs from making bets on upcoming events. It's a change to the Senate's rules so it will go immediately into effect.”
“The U.S. Senate has approved a bipartisan resolution to prevent its members from using prediction markets. The resolution passed by voice vote today bans senators and their staffs from making bets on upcoming events.”
“The resolution passed by voice vote today bans senators and their staffs from making bets on upcoming events. It's a change to the Senate's rule so it will go immediately into effect”
“The U.S. Senate has approved a bipartisan resolution to prevent its members from using prediction markets. The resolution passed by voice vote today.”
“Senate bans senators from prediction market trading (Jordain Carney/Politico)”
“U.S. Senators Vote to Ban Themselves from Trading on Prediction Markets.”
“The U.S. Senate just passing another short-term extension of a government surveillance tool, allowing more time to negotiate and sending it to the House”
“The U.S. Senate just passing another short-term extension of a government surveillance tool, allowing more time to negotiate and sending it to the House with the current version set to expire tonight.”
“Senate bans members and staff from trading on prediction markets (NBC News)”
“The resolution also urged the House, the executive branch, and the judiciary to enact similar rules. The resolution's passage comes amid broad public concerns about the risk of insider trading on prediction markets.”
“It's extremely important that the public know that from this day forward there is no chance that any member of Congress, member of the Senate in this case, in this resolution not going to propose.”
“engaging in any way in a prediction market or trying to place bets where we might have inside information deteriorates our confidence”
“engaging in any way in a prediction market or trying to place bets where we might have inside information deteriorates our confidence that our constituents have in us.”
“the Senate is moving swiftly to prohibit senators and staff from playing around in prediction markets. Since this is a resolution, it is immediately going into effect for senators.”
“Since this is a resolution, it is immediately going into effect for senators. That's a great thing.”
“Senate Minority Leader Chuck Schumer, Democrat from New York. This resolution passed by unanimous consent. Calci's CEO, Tyrek Montsour, with this tweet, I applaud the Senate for passing this resolution”
“The Senate for passing this resolution to Ben's senators and their offices.”
“The Senate passed around lunchtime today a 45-day extension, daring the House essentially to block it. This important foreign surveillance powers where the U.S. can get wiretaps on foreign actors.”
“The Senate passed around lunchtime today a 45-day extension, daring the House essentially to block it. This important foreign surveillance powers where the U.S. can get wiretaps on foreign actors, there are warrant concerns.”
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