Squawk Pod
Squawk Pod

Regulating Prediction Markets & Meta’s $375M Lawsuit 3/25/26

Mar 25, 2026 · 38m

<p>As lawmakers take aim at prediction markets, Senators Adam Schiff (D-CA) and John Curtis (R-UT) discuss <a href="https://www.cnbc.com/2026/03/25/prediction-markets-bill-insider-trading-kalshi-polymarket-adam-schiff-john-curtis.html" rel="noopener noreferrer">the bipartisan ‘Prediction Markets Are Gambling Act,’</a> why they support banning sports-style betting. The Senators and CNBC’s own Emily Wilkins all weigh in on the <a href="https://www.cnbc.com/2026/03/24/dhs-homeland-shutdown-tsa-delays-senate-white-house-funding-deal.html" rel="noopener noreferrer">Capitol Hill negotiations on DHS funding</a>. Then, a <a href="https://www.cnbc.com/2026/03/24/jury-reaches-verdict-in-meta-child-safety-trial-in-new-mexico.html" rel="noopener noreferrer">New Mexico jury has ordered Meta to pay nearly $400 million</a> in a civil case over child safety on its platforms. New …

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