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U.S. Senate Unanimously Passes Resolution Banning Senators From Prediction Market Trading
Politics
4/30/2026AI summary

U.S. Senate Unanimously Passes Resolution Banning Senators From Prediction Market Trading

The U.S. Senate unanimously passed S. Res. 708, a resolution prohibiting senators and their staff from trading on prediction markets. Republican Senator Bernie Moreno of Ohio introduced the measure targeting potential insider trading advantages from non-public government information. The ban marks the first major regulatory action specifically targeting government officials' participation in prediction markets, with bipartisan support reflecting ethical concerns similar to existing stock trading restrictions.

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Decrypt
Pastor of Largest US Methodist Church Launches Senate Campaign in Kansas
Developing
Politics·4/30/2026AI summary

Pastor of Largest US Methodist Church Launches Senate Campaign in Kansas

Rev. Adam Hamilton, pastor of the largest United Methodist Church in the U.S., announced his candidacy for the Democratic nomination to the U.S. Senate from Kansas. The 61-year-old Hamilton, who has built Church of the Resurrection in the Kansas City area over 35 years with about 22,000 members, enters a race against incumbent Republican Roger Marshall in a traditionally Republican state where the GOP's Senate majority appears increasingly vulnerable.

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ABC News
Kevin Warsh Fed Chair Confirmation Odds Surge to 86% on Prediction Markets After DOJ Drops Powell Inquiry
Developing
Politics·4/24/2026AI summary

Kevin Warsh Fed Chair Confirmation Odds Surge to 86% on Prediction Markets After DOJ Drops Powell Inquiry

Prediction market odds for Kevin Warsh's confirmation as Federal Reserve chairman have surged to 86% by May 15 after the DOJ dropped its criminal inquiry into current Fed Chair Jerome Powell. Before the probe ended, bettors placed only 30% odds on confirmation by May 15. Sen. Thom Tillis (R-NC), who sat on the Senate Banking Committee and refused to advance the nomination until the investigation concluded, has not yet made an official statement since the inquiry was dropped.

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CNBC
Kalshi Fines Three Political Candidates for Betting on Own Elections
Developing
Politics·4/22/2026AI summary

Kalshi Fines Three Political Candidates for Betting on Own Elections

Kalshi enforcement action against three political candidates who traded on their own elections. Mark Moran, 34, Virginia Senate hopeful, fined $6,300 and banned 5 years for betting $125 on his own primary bid. Matt Klein (Minnesota) and Ezekiel Enriquez (Texas) also received 5-year bans with smaller fines. Disclosure comes as Democratic lawmakers push for tighter prediction market regulations to prevent insider trading.

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