Regulation· ★★★· neutral·

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