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Chuck Schumer Urges House and White House to Follow Senate in Prediction-Market Ban
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Chuck Schumer Urges House and White House to Follow Senate in Prediction-Market Ban

TIME·Chad de Guzman·29 days ago
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Days after the Senate banned its members and staffers from trading on prediction markets , Senate Minority Leader Chuck Schumer (D, N.Y.) on Sunday called on President Donald Trump , his Administration, and the House of Representatives to follow suit. “We must never allow Congress to turn into a casino, and we shouldn’t let the White House, or the West Wing, be one either,” Schumer said in a statement . The Senate on Thursday unanimously voted to change the chamber’s rules to ban Senators and staffers from using prediction markets—a move that Polymarket, a popular prediction market platform, lauded . Schumer asked the House to implement a similar measure and for the President to sign a comprehensive federal ban covering every government official, staffer, and employee in the executive branch. “Members and staff representing the public should never be able to gamble on wars, on economic crises, or on elections,” Schumer said.…

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