
All 11 Senate Banking Democrats demand hearing on prediction markets
- —All 11 Senate Banking Democrats demand a formal hearing on prediction markets
- —The request is addressed to committee chairman Tim Scott
- —A prediction-market roundtable is set to include Republicans only
- —Democrats want a separate official committee-level discussion
Why it matters: Formal congressional scrutiny could tighten oversight of prediction-market platforms such as Kalshi and Polymarket.
Source: Bloomingbit