Congress Wants to Ban Politicians From Betting on Their Own Decisions

Congressman Adrian Smith and Congresswoman Nikki Budzinski have introduced the PREDICT Act. The bill bars federal officials from trading in prediction markets tied to political events. The Preventing Real-time Exploitation and Deceptive Insider Congressional Trading Act targets a broad group. Members of Congress, their spouses and dependents, the President, Vice President, political appointees, senior executive
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