Amendment · S.Amdt. 6713· Senate(119-SAMDT-6713)
S.Amdt. 6713
- Introduced
- 7/29/2026
- Sponsored by
- Mazie Hirono
- Cosponsors
- None
- Changes bill
- 119-HR-5334 — Lindsey O. Graham Sanctioning Russia and Iran Act of 2026
- Introduced
- Pending Consideration
- Failed
What this amendment would do
SA 6713 aims to add a prohibition on prediction market participation for specific individuals within the executive branch.
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Who it affects: The amendment defines covered individuals as the President, the Vice President, Cabinet officials (including those designated by the President as Cabinet-level), and their immediate family members (spouses, parents, or children).
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What it changes: It prohibits these individuals from entering into agreements, contracts, swaps, or transactions involving excluded commodities that depend on whether a specific event or contingency occurs.
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Enforcement and Penalties: The Attorney General or a State attorney general can bring civil actions for violations. Penalties include a civil penalty of up to $50,000 per violation, giving up any profits to the Treasury, or both.
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Exception: This does not apply to insurance where the insured has a lawful insurable interest.
- 7/29/2026
- Senate amendment submitted
This bill has no cosponsors