Proposed
Bill · 119th Congress · HR 8076
PREDICT Act
Refreshed 1 h ago
Introduced 2026-03-25Topic: governance ethics · elections democracySummary
AI-generated summary, report an errorThis bill would bar members of Congress, their spouses and dependent children, congressional staff, the President, the Vice President, political appointees, senior executive branch officials, high-ranking military officers, and federal judges and judicial employees from trading on prediction markets tied to specific political events. Anyone who breaks the rule would have to pay a fee equal to ten percent of the trade's value and give up any profits. Penalties could not be paid with office budgets, campaign contributions, or other government-provided funds besides salary. Ethics offices would have to post each fine, the reason for it, and its result on a public website.
Sponsors
- Nikki Budzinski Democrat sponsor
- 27 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-03-25 | House | Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on House Administration, and the Judiciary, 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. | refer |
| 2026-03-25 | House | Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on House Administration, and the Judiciary, 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. | refer |
| 2026-03-25 | House | Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on House Administration, and the Judiciary, 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. | refer |
| 2026-03-25 | Introduced in House | introduce | |
| 2026-03-25 | Introduced in House | introduce |