{"id":97988,"date":"2026-06-05T11:47:50","date_gmt":"2026-06-05T08:47:50","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=97988"},"modified":"2026-06-05T11:50:08","modified_gmt":"2026-06-05T08:50:08","slug":"us-proposes-restricting-prediction-markets-for-congress-members","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/us-proposes-restricting-prediction-markets-for-congress-members\/","title":{"rendered":"US Proposes Restricting Prediction Markets for Congress Members"},"content":{"rendered":"<p>Bryan Steil, Chairman of the House Administration Committee, stated that the insider trading bill H.R. 7008 should include provisions regarding prediction markets like Polymarket and Kalshi. The updated rules propose a complete ban on the use of such platforms by Congress members, their spouses, and children, and also include fines of $2000 or 10% of the transaction amount with the confiscation of realized profits.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bryan Steil, Chairman of the House Administration Committee, stated that the insider trading bill H.R. 7008 should include provisions regarding prediction markets like Polymarket and Kalshi. The updated rules propose a complete ban on the use of such platforms by Congress members, their spouses, and children, and also include fines of $2000 or 10% of the transaction amount with the confiscation of realized profits.<\/p>\n","protected":false},"author":1,"featured_media":97989,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"US bill proposes banning prediction markets for Congress members.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[2453],"tags":[],"class_list":["post-97988","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oneliners"],"aioseo_notices":[],"amp_enabled":true,"views":"1","promo_type":"1","layout_type":"1","short_excerpt":"US bill proposes banning prediction markets for Congress members.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/97988","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=97988"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/97988\/revisions"}],"predecessor-version":[{"id":97990,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/97988\/revisions\/97990"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/97989"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=97988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=97988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=97988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}