Luke Garrett

Oversight Committee Chairman James Comer says he's requesting data from prediction markets.

Those are exchanges that host bets on future events.

Here's Comer, a Kentucky Republican, on Fox Business.

The probe comes after Representative Chris Pappas, a Democrat from New Hampshire, called on Comer to investigate suspicious bets on military actions and political outcomes.

Billions of dollars are wagered each week on prediction markets, like Polymarket and Kalshi, where users can bet and win money on everything from sports, culture, to even elections.

Comer did not specify which prediction markets are being investigated.

Luke Garrett, NPR News, Washington.

Oversight Committee Chairman James Comer says he's requesting data from prediction markets.

Those are exchanges that host bets on future events.

Here's Comer, a Kentucky Republican, on Fox Business.

The probe comes after Representative Chris Pappas, a Democrat from New Hampshire, called on Comer to investigate suspicious bets on military actions and political outcomes.

Billions of dollars are wagered each week on prediction markets, like Polymarket and Kalshi, where users can bet and win money on everything from sports, culture, to even elections.

Comer did not specify which prediction markets are being investigated.

Luke Garrett, NPR News, Washington.

Oversight Committee Chairman James Comer says he's requesting data from prediction markets.

Those are exchanges that host bets on future events.

Here's Comer, a Kentucky Republican, on Fox Business.

The probe comes after Representative Chris Pappas, a Democrat from New Hampshire, called on Comer to investigate suspicious bets on military actions and political outcomes.

Billions of dollars are wagered each week on prediction markets, like Polymarket and Kalshi, where users can bet and win money on everything from sports, culture, to even elections.

Comer did not specify which prediction markets are being investigated.