Bipartisan Bill Targets Political Betting by Federal Officials
Rep. Adrian Smith (R-NE) and Rep. Nikki Budzinski (D-IL) launched the PREDICT Act on March 25, concentrating on federal officers, their spouses, and dependents who commerce on platforms corresponding to Kalshi and Polymarket. Violations would carry a civil penalty of 10% of the transaction worth plus full disgorgement of earningsContinue Reading






