WASHINGTON, July 17 -- Sen. Martin Heinrich issued the following news release:
U.S. Senator Martin Heinrich (D-N.M.) led U.S. Senators Tina Smith (D-Minn.), Maria Cantwell (D-Wash.), Richard Blumenthal (D-Conn.), Mark Kelly (D-Ariz.), Patty Murray (D-Wash.), Tammy Baldwin (D-Wis.), Alex Padilla (D-Calif.), Jacky Rosen (D-Nev.), Adam Schiff (D-Calif.), Brian Schatz (D-Hawaii), and Gary Peters (D-Mich.) in sending a letter urging the leadership of the U.S. Senate Committees on Banking, Housing, and Urban Affairs; and Agriculture, Nutrition, and Forestry to rein in prediction markets offering nationwide sports and event wagering, which abuse federal commodity and derivatives rules - infringing on state regulatory powers and violating Tribal g...