US Congress News & Prediction Market Coverage
Track the latest US Congress news across prediction markets. Prediction News is following 14 active US Congress stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
Latest News
Prediction market volumes climb as insider trading, tax, and regulatory risks mount
LegalFive Civilized Tribes demand federal oversight of prediction markets
LegalBipartisan Senate bill would ban sports event contracts on CFTC-regulated prediction markets
GlobalCongressional aides expect insider-trading ban on prediction markets to pass, while Canadians oppose legalization
LegalHouse panel advances bill barring Congress from Kalshi and Polymarket
LegalGaming coalition lobbies Senate to ban sports prediction markets in crypto bill
LegalCongress scrutinizes prediction markets over insider trading and national security risks
LegalAtlantic Council points to Europe's binary options crackdown as model for US prediction market rules
OpinionOp-ed and congressional push target insider trading on prediction markets
LegalUNITE HERE president Mills urges Congress to block prediction markets over job threats
LegalDraft defense bill would bar US troops from prediction market bets
TradingNinth Circuit denies Kalshi and Polymarket preemption shield as House opens insider-trading probe
LegalSchumer presses House and White House to adopt Senate prediction market ban
LegalAGA and tribal gaming lobby ask Congress to block prediction market event contracts
Frequently Asked Questions
Is Congress banning sports prediction markets?
Gaming industry groups and a coalition of 56 organizations are lobbying the Senate to ban sports and casino-style event contracts from the pending Digital Asset Market Clarity Act.
What concerns does Congress have about prediction markets?
Lawmakers are focused on insider trading and national security risks, including the potential for trading on classified military operations or geopolitical events.
Is Congress restricting lawmakers from trading on prediction markets?
Congress is advancing legislation to prohibit members from trading on crypto prediction markets as part of broader ethics rules.
How is Congress responding to the CFTC event contract proposal?
Congress is reviewing the CFTC's June 2026 framework that permits sports contracts while banning war, terrorism, and certain other markets, amid separate calls for tighter rules.
What lobbying is Congress hearing on prediction markets?
UNITE HERE and tribal gaming interests are urging Congress to block sports event contracts, citing threats to jobs and violations of state and tribal law.