HUGE: President Trump Walks OUT with a 100-0 Senate Vote”
The Senate has approved a bipartisan measure banning members and their staff from using insider information to profit on prediction market platforms, marking a rare unanimous action that took effect immediately. The rule change was adopted before lawmakers left Washington for a weeklong recess.
The measure, pushed by Sen. Bernie Moreno, prevents senators and their aides from placing bets on platforms such as Polymarket and Kalshi. These platforms allow users to wager on real-world events, including elections, geopolitical developments, and other high-impact outcomes.
Moreno said the effort aims to eliminate potential conflicts of interest and restore public trust in Congress. “I don’t believe we should trade stocks at all. It’s completely insane,” Moreno said. “I think we should focus on our jobs and have our voters go, ‘Hey, this guy’s voting this way, because this is the right thing for the state,’” he said.
The rule change passed unanimously and immediately amended Senate ethics rules, requiring no action from the House or the president. It applies specifically to senators and Senate staff.
Senate Minority Leader Chuck Schumer praised the move on the Senate floor and urged the House to adopt a similar standard. “Speaker Johnson should immediately do the same thing in the House,” Schumer said.
There is already an effort underway in the House to mirror the Senate’s action. Rep. Ashley Hinson is leading a push for comparable legislation, as part of a broader conversation about ethics and financial activity by lawmakers.
The move comes as Congress has struggled to reach consensus on other reforms, including proposals to ban stock trading by members while in office. Advocates of the new rule argue that prediction markets present a similar risk, particularly for officials with access to sensitive or nonpublic information.
Industry leaders have also expressed support for the change. Polymarket said it backs efforts to codify restrictions into law, noting that its own policies already prohibit insider trading.
“Happy to help move this forward however we can,” the company said in a statement.
Tarek Mansour, co-founder of Kalshi, also called for broader adoption of the rule. He said the company already blocks members of Congress from participating and enforces policies against insider trading.
“This is a great step to increase trust in our markets by making it an industry standard,” Mansour said.
The House must follow the Senate’s lead and ban all members and their staffs from gambling on prediction markets.
Americans did not send us to Washington to bet on their problems. They sent us to fix them.
No betting on our budgets. No wagering on war. No gambling on…
— Chuck Schumer (@SenSchumer) May 4, 2026
Proud to say my bill to ban members of Congress from insider trading on prediction markets just passed the Senate UNANIMOUSLY!
Serving in Congress is an honor, not a side hustle. Americans deserve to know that their leaders are here for the right reason!
— Bernie Moreno (@berniemoreno) April 30, 2026
Despite bipartisan support in the Senate, the rule applies only within that chamber, leaving House members and other government officials outside its scope for now. Lawmakers pushing for expanded measures say further action will be needed to address those gaps.
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The Senate’s decision represents a rare moment of agreement on ethics reform, but its broader impact will depend on whether similar restrictions are adopted across the federal government.
Despite unanimous support in the Senate, the rule leaves key gaps. It does not apply to members of the House, executive branch officials, or the broader federal workforce, all of whom may also have access to sensitive or market-moving information.
Sens. Todd Young and Elissa Slotkin have introduced separate legislation that would extend restrictions across the federal government. Their proposal would prohibit officials from using insider information to place prediction market bets.
Serious Threat To Our Country' - Trump Issues Dire Warning To The Nation, Names The Biggest Challenge Americans Face
THE RED DILEMMA: Trump Outlines Midterm War Script at Road to Majority Summit After Socialist Swings Fracture New York Base
WASHINGTON, D.C. — JUNE 29, 2026 — President Donald Trump warned Friday that a wave of far-left victories in New York City’s Democratic primaries represents one of the greatest dangers facing the United States, arguing the results should serve as a wake-up call ahead of November’s midterm elections.
Speaking before thousands at the Faith and Freedom Coalition’s annual Road to Majority conference in Washington, Trump blasted the Democratic Party’s leftward shift after several candidates backed by New York City Mayor Zohran Mamdani scored major primary victories earlier this week.
“These ruthless communists will attack all religions, but in particular Christianity,” Trump told the audience.
“This is the greatest threat to our country since its founding.”
Trump’s remarks came just days after three progressive candidates supported by Mamdani won Democratic primary races in New York, including two members of the Democratic Socialists of America.
Their victories have fueled growing Republican efforts to portray the Democratic Party as increasingly dominated by its progressive wing heading into the 2026 midterm elections.
Trump argued that the movement extends beyond economic policy and represents a broader ideological threat.
At one point during his speech, the president described communists as “animals” who would assassinate their political opponents, though he did not offer evidence supporting that claim.
The remarks carried additional significance because Trump was speaking at the Washington Hilton, the same hotel where an armed man attempted to breach security while the president attended the White House Correspondents’ Association dinner in April.
Authorities later identified the suspect as 31-year-old California resident Cole Tomas Allen, who has pleaded not guilty to charges that he attempted to assassinate the president.
Security around Friday’s event appeared noticeably tighter, with additional guards stationed throughout the venue and several entrances blocked off.
Republicans have increasingly seized on the New York primary results as evidence that Democrats are moving further left while voters remain primarily concerned about inflation, housing costs and the broader economy.
Political observers have suggested the victories give Republicans fresh material as they seek to defend their narrow congressional majorities this fall.
The candidates backed by Mamdani defeated two incumbent House Democrats and another candidate supported by the Democratic establishment.
While Republicans frequently characterize Democratic Socialists as communists, democratic socialism generally advocates expanding government-run social programs through the electoral process rather than replacing democratic institutions.
Many candidates aligned with the movement support policies including universal health care, tuition-free public college, expanded child care programs, stronger labor protections and higher taxes on wealthy Americans.
Several have also made opposition to U.S. military aid to Israel and support for Palestinians central themes of their campaigns.
Democrats quickly rejected Trump’s characterization.
Aidan Johnson, a spokesman for the Democratic Congressional Campaign Committee, argued Republicans were attempting to distract voters from substantive issues.
“Know they can’t win on the issues, so we’re seeing them melt down in real time, resorting to ineffective boogeyman attacks,” Johnson said.
Trump’s appearance also highlighted some of the tensions within his own political coalition.
The president has remained popular with many evangelical Christians by backing policies such as protecting women’s sports and opposing biological males competing in female athletics.
At the same time, some pro-Israel Christians have criticized Trump’s ceasefire agreement with Iran, while some anti-abortion advocates have argued the administration has not gone far enough on pro-life priorities.
During Friday’s speech, Trump defended his handling of Iran and declared that his administration had successfully prevented Tehran from obtaining a nuclear weapon.
The Faith and Freedom Coalition gathering has long served as one of the Republican Party’s premier events for evangelical voters and conservative activists, Reuters reported.
With the midterm elections approaching, Trump’s speech offered a preview of what is likely to become a central Republican campaign message: portraying the Democratic Party’s progressive wing as increasingly driving the party’s agenda while urging voters to reject what Republicans view as an increasingly radical political movement.
