U.S. Rep. Maggie Goodlander introduced legislation Wednesday to ban federal officials, elected and appointed, from trading and owning individual stocks or betting on prediction markets like Kalshi or Polymarket. The proposed prohibition includes members of Congress, the president, the vice president, political appointees, Supreme Court justices, and federal judges, as well as their staffs and […]

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Let’s say you own a candy store and you buy a Twix wholesale for 50 cents. You sell it for a buck, and you owe taxes on your 50 cent profit. N…