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H.R. 7004119th CongressIn committeeLatest action Jan 9, 2026Decoded by AI · checked against the record
Official title: Public Integrity in Financial Prediction Markets Act of 2026
Introduced:
Read the official bill on Congress.govThe plain-language version leads. The official text is always the reference.
Federal workers and officials with access to inside government information could not bet on prediction markets tied to policy or political outcomes.
40-second read · 4 questions answered below
This bill would ban certain federal government workers and officials from placing bets on prediction markets when those bets involve government policy, government actions, or political outcomes. The ban applies specifically when those individuals already have inside government information the public cannot access, or when their job gives them a reasonable chance to get such information.
The ban covers elected members of Congress, their staff, political appointees, and employees of federal agencies.
Without this rule, people with access to non-public government information could have an unfair advantage when betting on political or policy outcomes. For example, a federal employee who knows about a policy decision before it is made public could use that knowledge to profit on a prediction market tied to that policy.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: a House committee is reviewing it. If the Senate changes it, it goes back to the House before reaching the President.
Latest action: — 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.
Coverage of this bill from across the press — each outlet's political lean labeled where AllSides has rated it, and marked "Not rated" where it hasn't.
Newest of these articles:
cointelegraph.com
Not rated
finance.yahoo.com
Not rated
Lean labels describe the news outlet, not this bill or any party. Ratings by AllSides.