Story perspectives

New Bill Aims to Ban Officials from Prediction Markets

3/6/2026

Summary

Story summary

Senators Jeff Merkley and Amy Klobuchar introduced the End Prediction Market Corruption Act to bar high-ranking officials, including the U.S. President Donald Trump, from trading on prediction markets.
The measure follows concerns about insider trading linked to U.S. military actions in Venezuela and Iran.
The bill is co-sponsored by Senators Chris Van Hollen, Adam Schiff, and Kirsten Gillibrand.
Senator Chris Murphy is expected to propose similar legislation.

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Story summary

Senators Jeff Merkley and Amy Klobuchar introduced the End Prediction Market Corruption Act to bar high-ranking officials, including the U.S. President Donald Trump, from trading on prediction markets.
The measure follows concerns about insider trading linked to U.S. military actions in Venezuela and Iran.
The bill is co-sponsored by Senators Chris Van Hollen, Adam Schiff, and Kirsten Gillibrand.
Senator Chris Murphy is expected to propose similar legislation.