CONGRESS FOR VOTERS

RepublicanAmendment · S.Amdt. 5881· Senate(119-SAMDT-5881)

S.Amdt. 5881

Rep. McCormick
Age: 61 years
Pennsylvania
Introduced
6/18/2026
Sponsored by
David McCormick
Cosponsors
None
Changes bill
119-S-4784 — National Defense Authorization Act for Fiscal Year 2027
  1. Introduced
  2. Pending Consideration

What this amendment would do

SA 5881, submitted by Mr. McCormick, aims to add a new section to the bill regarding the Secretary of Defense consultation regarding prediction markets.

The purpose of this amendment is to require the Secretary of Defense to consult with the Commodity Futures Trading Commission within 180 days after the Act is enacted. This consultation concerns a proposed rule or final rulemaking titled "Prediction Markets; Public Interest Determinations".

The consultation will focus on the following:

  • The factors used to define war, terrorism, and assassination.
  • The factors used to determine if event contracts involve war, terrorism, or assassination.
  • The factors that raise public interest concerns.