The House Administration Committee has jurisdiction over member participation in prediction markets. Right. That's accurate. Okay. You're the chair along with others. Yes. You've got principal jurisdiction. Yes. Yes. You're in charge. Okay. Four months ago, the United States Senate, on a bipartisan basis, on a voice vote, took action and said, you know what? No senator in this body is allowed to make bets on prediction markets. Every Republican, every Democrat agreed to it. Why can't we? We have moved forward legislation in the committee and House administration on this topic. I look forward to it. (08:32–08:46)
CLAIM
Asserts that the U.S. Senate banned senators from making bets on prediction markets four months ago.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
