House Democrat targets candidate prediction market trades after opponent’s Kalshi penalty

Source: cnbc October 5, 2026 · 13:31
House Democrat targets candidate prediction market trades after opponent’s Kalshi penalty
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The bill bans federal candidates from trading prediction market contracts related to their own elections and would result in a fine if violated.
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The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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