Congressional Prediction Market Ban Act of 2026

This bill would bar Members of Congress from buying, selling, or trading prediction market contracts, which are contracts whose payout depends on whether a specific event happens. A Member would also be treated as benefiting from such a trade if someone in their household makes the trade and the household receives a payment. Each year, Members would have to certify to the House Clerk or Senate Secretary that they complied, and these certifications would be posted online. Members found in violation would be fined the greater of $10,000 or three times their profit, and ethics committees would investigate missed certifications and credible reports of violations.

Full text and official record on Congress.gov

Sponsors

• Eugene Simon Vindman Democrat sponsor
• 0 cosponsors