The Big Picture: Prediction Markets Catching Heat in D.C.

Reporting from Washington D.C., Charles Schwab's Mike Townsend says the DOJ probe into $2.6b in oil trades linked to the Iran War will be a really interesting story to watch unfold. He shares the latest vibe from the nation's capital on prediction markets going under the microscope in Congress. Mike also discusses the political fallout from the Iran War, including elevated prices for gasoline and groceries. He says consumers are "stuck between a rock and a hard place" when it comes to planning summer travel as jet fuel costs skyrocket.

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