‘Not behind closed doors’: Senate Banking Democrats call for prediction markets hearing as GOP meets privately with Kalshi
All 11 Senate Banking Democrats asked Chair Tim Scott for a public hearing on prediction markets after reports of a closed Republican meeting with Kalshi executives. The request was led by Sen. Elizabeth Warren and Sen. Catherine Cortez Masto, and it said prediction products tied to securities may fall under the committee’s oversight. The dispute comes as the committee’s Republicans held a private session with Kalshi CEO Tarek Mansour.
What this rests on
Market reaction
We track BTC, but we only have 0 price points in that window. The series is stored every half hour, so newer events will have it. Computing it from two points would not be a reaction, it would be a coincidence.
How the story was built
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
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Has this happened before?
Nothing comparable yet.