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.

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.

2026-05-07

The proposal would ban members of Congress from betting on or trading in prediction markets—platforms where people wager money on the outcomes of future events like elections or policy decisions. This rule would prevent lawmakers from potentially profiting off their own legislative decisions or inside knowledge of government actions. The change would apply only to House members and aims to reduce conflicts of interest in Congress.