White House Begs Staffers to Stop Placing Bets on Prediction Markets

The Trump administration is warning staffers not to bet on world events in futures markets. The Wall Street Journal reports that the White House Management Office sent out a staff-wide email on March 24 telling administration employees not to engage in the practice following President Donald Trump’s announcement the previous day that he was pausing strikes against Iran. The email was likely prompted by the rise in suspicious wagers and investments being made just before Trump announces major pol...