Campaign staffers keep trying to bet on races despite push to curb insider trading
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By Luke Garrett

Thursday, July 9, 2026 • 5:00 AM EDT

Campaign staffers looking to profit on political races are still trying to place bets on prediction markets, despite new public scrutiny toward insider trading — and internal efforts to curb the practice.

Kalshi, the biggest prediction market company, is hoping to bar political staffers from trading on their own races with a new system that flags possible violations. The company says "dozens" of staffers have tried to bet on their own candidates since May, but that it blocked the trades.

The company's new program cross-references the names of campaign staffers listed in Federal Election Commission data against its own user logs. The FEC requires campaigns to list contribution and expenditure data, including some of the names and addresses of staffers on the campaign payroll.

Robert DeNault, Kalshi's head of enforcement and legal counsel, said his team has blocked a lot of campaign trades using FEC data.

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