Kalshi has announced its support for the American Fair Markets Organization, a new lobbying group focused on prediction markets. The group aims to influence federal policy and assist the U.S. Commodity Futures Trading Commission (CFTC) in regulating these markets. Former White House Deputy Chief of Staff Taylor Budowich has been invited to serve as a strategic advisor. The advocacy group plans to promote a federally regulated platform that includes KYC requirements, bans on insider trading, and restrictions on markets related to violence or terrorism. This development coincides with a U.S. House of Representatives investigation into Kalshi and Polymarket, scrutinizing their handling of insider trading.