Bill · H.R. 7004· House(119-HR-7004)

Public Integrity in Financial Prediction Markets Act of 2026

Age: 38 years

New York

Introduced: 1/9/2026
Last activity: 1/9/2026 — 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.
Sponsored by: Ritchie Torres
Cosponsors: - 45 - 0

Government Operations and Politics

Introduced
In Committee

What this bill would do

This bill, known as the "Public Integrity in Financial Prediction Markets Act of 2026," aims to prevent certain people from using inside information for financial gain. It prohibits covered individuals from knowingly participating in covered transactions involving prediction market contracts if they have material nonpublic information. This information could be something they currently possess or could reasonably obtain while doing their jobs. The bill covers elected officials, congressional employees, political appointees, and certain executive agency employees. The restriction specifically targets transactions related to government policy, actions, or political outcomes.

Yes

Does this make what the government does easier for the public to see?+6
The bill enhances public trust by prohibiting officials from profiting from material nonpublic information related to government actions.
Does this give people more protection from unfair business practices?+5
The bill improves market integrity by preventing government officials from using nonpublic information for private gain in prediction markets.

The opposite

Would high-income households be better off under this?-3
The bill limits the potential financial opportunities of high-income political appointees and elected officials via prediction markets.