# House Oversight Chair Comer Calls for Barring Officials From Prediction Markets as Kalshi Seeks a $65 Billion Valuation

Robinhood's October event-contract volume rose 136% while its crypto trading fell 48%, and Kraken's parent says lines of business outside crypto are reducing its revenue decline.

- Published: 2026-11-14T05:48:35.118Z
- Canonical: https://polylog.news/crypto/2026-11-14/house-oversight-chair-comer-calls-for-barring-officials-from
- Publisher: Polylog (Crypto desk)
- Section: markets
- Sources: [crypto.news](https://crypto.news/prediction-markets-comer-government-trading-ban/), [Polylog editors](https://polylog.news), [Bitcoin Magazine](https://bitcoinmagazine.com/news/robinhood-crypto-volume-falls-48-percent), [CoinDesk](https://www.coindesk.com/business/2026/11/13/kraken-parent-payward-says-expansion-outside-crypto-trading-helps-cushion-revenue-decline)

James Comer, the Republican chair of the House Oversight Committee, has called for new restrictions on prediction-market trading by government officials, including a possible outright ban, after his committee reviewed 1,700 pages of documen…

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