GOP Rep. Steil pushes bill curbing members of Congress from prediction market betting

A Republican House member is set to introduce a provision that would ban congressional lawmakers and their families from placing bets on prediction markets on topics including policy, politics, and elections. The provision by Bryan Steil of Wisconsin is being added to a pending bill that would ban members of Congress from purchasing new shares of individual stocks other than shares that are bought with dividends from existing holdings. House Speaker Mike Johnson and President Donald Trump support that bill. A Republican House member on Thursday is set to introduce a provision that would ban congressional lawmakers and their families from placing bets on prediction markets on topics including policy, politics, and elections. The provision by Rep. Bryan Steil of Wisconsin is being added to a pending bill that would ban members of Congress from purchasing new shares of individual stocks...