Amending the Rules of the House of Representatives to prohibit Members of the House from entering into certain agreements, contracts, or transactions with respect to prediction markets.
About This Bill
Committee
Latest Action · May 7, 2026
Referred to the Committee on Ethics, and in addition to the Committees on the Judiciary, and Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
This resolution would ban House Members, delegates, officers, and employees from trading in prediction markets—financial contracts that pay out based on whether specific events occur. The ban would apply to most types of prediction market transactions, with a narrow exception for traditional insurance products where someone has a legitimate financial stake. The resolution amends the House Rules of Conduct to establish this prohibition and does not require any funding or have implementation timelines since it applies only to House rules. The measure also expresses the House's view that the executive and judicial branches should adopt similar restrictions on their own employees' prediction market activities, though this recommendation is non-binding.
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