Lawmakers Seek to Limit Bets by Policymakers

New York Times: “The day before President Trump began attacking Iran, more than 150 bettors correctly predicted that the United States would do so on Feb. 28. At least 109 of those accounts on Polymarket, one of the largest prediction markets, raked in over $10,000, and 16 accounts profited more than that.”

“The proliferation of such bets has raised concerns among members of Congress in both parties, who are pressing to enact legislation that would crack down on policymakers placing wagers on prediction markets.”