Public Integrity in Financial Prediction Markets Act of 2026
About This Bill
Committee
Latest Action · January 9, 2026
Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on House Administration, 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.
H.R. 7004 prohibits federal officials and employees from trading in prediction market contracts—financial bets on future political or government events—when they possess insider information unavailable to the general public. The law applies to elected federal officials, congressional staff, political appointees, and executive branch employees. Specifically, it bars these "covered individuals" from buying, selling, or trading contracts tied to government policies, government actions, or political outcomes if they have access to material nonpublic information relevant to those trades, either currently or through their official duties. The bill does not specify dedicated funding or enforcement timelines, instead establishing a legal prohibition with civil and criminal penalties for violations. This legislation aims to prevent government insiders from profiting off confidential information while performing their public duties.
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