By offering contracts on fires, prediction market sites run the risk of encouraging people to influence fires that have already started, creating additional concerns around public safety and insider trading.
Senator Heinrich's concerns about prediction markets.
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More from Martin Heinrich
We’ll have the conversation. We're rolling this out obviously late in the game, and I'm a big believer in get what you can done in any given Congress.
If a company is driving the need for expensive new facilities, that company should pay for it — not families and small businesses. That’s the basic principle behind my GRID Savings Act.
We will not allow a foreign mining company to threaten the Chama Watershed with radioactive uranium waste. That is unacceptable.
Our legislation will help the Indian Pueblo Cultural Center expand its reach, create more economic opportunity, foster entrepreneurship, and support local small businesses.
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