Effort comes after reports of individuals suspiciously earning massive payouts before Iran Strikes, Venezuela Military Actions Washington, D.C. – Today, Oregon’s U.S. Senator Jeff Merkley and Minnesota’s U.S. Senator Amy Klobuchar launched a new effort to prevent government officials at the highest levels from engaging in prediction markets, cracking down on the potential for any […]
Sadly I believe this is because a blanket insider trading ban for Congress would be a non starter. Most of them are there for that exact reason imo, the corpo pac bribes are just a bonus that is helpful in guiding policy when they have to do actual “work”
Until I saw your comment, my (flippant) response to the person you replied was going to be “Because Congress hasn’t figured out how to use Polymarket.”
Which is a far less eloquent corollary to your comment.
Sadly I believe this is because a blanket insider trading ban for Congress would be a non starter. Most of them are there for that exact reason imo, the corpo pac bribes are just a bonus that is helpful in guiding policy when they have to do actual “work”
Until I saw your comment, my (flippant) response to the person you replied was going to be “Because Congress hasn’t figured out how to use Polymarket.”
Which is a far less eloquent corollary to your comment.