Business Insider
US · 2 hrs ago
✦ 75◉ Centre
Why banning lawmakers from Kalshi is easier than getting them off the stock market
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The Senate recently passed a resolution banning lawmakers from trading on prediction markets, but the article examines why a similar ban on stock trading by members of Congress faces greater political obstacles.
Why banning lawmakers from Kalshi is easier than getting them off the stock market
A resolution to ban senators from prediction markets, sponsored by Sen. Bernie Moreno of Ohio, easily passed the Senate at the end of April.
Graeme Sloan/Bloomberg via Getty Images
Senators just banned themselves from trading on prediction markets.
That's raised the question: Why can't lawmakers do the same with stock trading?
Here are the 3 major reasons why a stock trading ban is a much tougher sell for lawmakers.
Lawmakers are banning themselves from prediction markets like it's nothing. So
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