Democratic members of the U.S. Senate Banking Committee call for a public hearing on prediction markets.
According to The Block, all Democratic members of the U.S. Senate Banking Committee wrote to Committee Chairman Tim Scott, calling for a bipartisan public hearing on prediction markets rather than discussing them in closed-door sessions. That day, Republican members met privately with Kalshi CEO Tarek Mansour to discuss securities-linked products, investor protection, and related regulatory issues.
