Congressman Moulton Formalizes Office Policy Banning Staff Participation in Prediction Markets

WASHINGTON, D.C. - Congressman Seth Moulton (MA-06) today became the first Member of Congress to institute an office-wide policy prohibiting staff from participating in prediction market platforms-such as Polymarket and Kalshi-to trade or hold positions on political, legislative, regulatory, geopolitical outcomes, or any information that is learned in an official capacity.

Effective today, the ban applies to all staff employed by Congressman Moulton's congressional office, including district staff, legislative staff, communications staff, operations staff, and any other personnel operating under the office's authority.

Congressman Moulton issued the following statement regarding the new policy:

"Prediction markets have become a playground for corrupt insiders who are able to place bets on things like election outcomes, wars, and even the deaths of public figures. This is creating a perverse incentive structure that poses a genuine threat to American society today.

"Congressional staff and the Members they work for exist to serve the constituents of the districts they represent, not to profit off of the very policy decisions and world events that we are here to respond to. My office has not, and will not, engage in these trades that run counter to every principle of a clean, honest government that works for the people. I will always hold myself and my team to the highest ethical standards, and I call on every single American elected official to do the same."

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