The senate finally says no to insider trading and bans themselves from prediction markets

the senate just banned itself from trading prediction markets lmaooo. took them this long to realize insider trading on kalshi was a bad look. unanimous vote too so apparently this one was easy. wild that the hardest thing to pass in dc is anything useful but “no betting on things we already know” clears in one take. anyway the markets will be fine. retail stays cooked either way
nancy pelosi not being a senator is doing a lot of work right now btw

and before you celebrate too hard…the same admin pushing “crypto freedom” has $1B in family crypto exposure, killed SEC enforcement, and pardoned the binance founder. the senate ban is cute. the broader picture is not.