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Punchbowl News: Crow on prediction markets, Iran war and more

June 11, 2026

Rep. Jason Crow (D-Colo.) told us on Fly Out Day today that he wants to ban all members of Congress from using prediction markets like Kalshi and Polymarket.

Crow, 47, said he wants to “get back to the point of Americans trusting institutions and trusting elected officials.”

We asked Crow if Kalshi, Polymarket and other prediction markets will cause political and regulatory problems in Washington.

“They’re in big trouble with people who I hang out with on the Hill who want to root out corruption and who want to clean things up, right?” Crow said. “Public service, you should not be getting something out of this, right?”

Watch the whole interview for his view on the war in Iran, whether he’d ever vote for more money for the Pentagon and whether he wants to be a senator.