Washington, Dec. 16 -- Congressman Abe Hamadeh issued the following press release:
This week, Congressman Abe Hamadeh (AZ-08) shared his concerns with Acting Chairwoman of the Commodity Futures Trading Commission, Caroline D. Pham about the recently announced partnership between Kalshi and CNN. Congressman Hamadeh expressed his concern that this partnership "poses direct and foreseeable threats to market integrity, democratic stability, and American national security."
Congressman Hamadeh sent a letter to Acting Chairwoman Pham on behalf of his constituents who have "raised alarm bells about a media company with a long-documented record of partisan manipulation now positioning itself to influence and profit from geopolitical events in rea...