Prediction markets face Comer’s call for government trading ban

House Oversight Committee Chair James Comer has called for new restrictions on government officials’ prediction market trading, including a possible outright ban, after an investigation reviewed 1,700 pages of documents. Comer wants Congress to consider trading restrictions covering officials across all branches of government. The committee reviewed 1,700 pages of records and received five bipartisan staff briefings. Proposed reforms include limits on government-related contracts and information sharing to help enforce restrictions. The Senate already bars its members and staff from trading on prediction markets. The House Oversight Committee said in a Nov.