According to @KobeissiLetter, US Treasury Secretary Bessent said he will start pushing for a single-stock trading ban for Congress, highlighting a potential policy headline risk for equities tied to lawmakers’ holdings. Source: @KobeissiLetter on X. Kalshi’s event market prices the probability of such a ban at 7%, indicating low market-implied odds currently. Source: Kalshi via @KobeissiLetter. The post provides no timeline or bill text, limiting visibility on near-term legislative catalysts traders can price. Source: @KobeissiLetter on X. No direct crypto market impact was cited and there was no mention of BTC or ETH price implications. Source: @KobeissiLetter on X.

According to Crypto Rover, Senator Josh Hawley plans to reintroduce legislation aimed at banning members of Congress from trading stocks. This move could significantly impact market dynamics as insider trading allegations have historically raised concerns over market integrity. Traders should monitor this development closely as it may influence stock market volatility and regulatory landscapes.