STOP Corrupt Bets Act of 2026

This bill would change the Commodity Exchange Act so that federally registered trading platforms could not list or offer contracts based on political elections, sporting events, military actions by the United States or other countries, or actions by any branch of the U.S. government. Contracts tied to government actions would still be allowed if used to hedge or reduce business risk, as set by rules of the Commodity Futures Trading Commission. The bill states that Congress views the law as not preempting state gambling laws. It would also require the Government Accountability Office to study prediction markets, including insider trading and effects on people aged 18 to 20, and to publicly report its findings and recommendations to Congress.

Full text and official record on Congress.gov

Sponsors

• Jeff Merkley Democrat sponsor
• 4 cosponsors