https://www.reddit.com/r/politics/comments/1tobtbr/the_senate_drew_a_line_on_prediction_markets_the/
Prediction markets—where people trade on the outcome of elections, legislation, and other major events—have gone from a niche tool to something powerful enough to track Congress itself in real time.
That growth is now triggering a response in Washington. The Senate has banned its members from trading on political prediction markets, the House is considering similar restrictions, and regulators and courts are being pulled in to decide what’s allowed—without a clear, comprehensive law from Congress.
Ask us anything about how prediction markets work, why lawmakers are acting now, what happens when a fast-moving market runs into slow-moving institutions, and what comes next. Join us in r/politics starting at 1 p.m. ET.
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