summary
Introduced
01/09/2026
01/09/2026
In Committee
01/09/2026
01/09/2026
Crossed Over
Passed
Dead
Introduced Session
119th Congress
Bill Summary
A BILL To prohibit a covered individual from engaging in covered transactions involving prediction market contracts, and for other purposes.
AI Summary
This bill, titled the "Public Integrity in Financial Prediction Markets Act of 2026," aims to prevent individuals in positions of power from profiting from insider knowledge in prediction markets. It makes it illegal for a "covered individual"—which includes elected officials, congressional employees, political appointees, and executive agency employees—to engage in a "covered transaction" if they possess or could reasonably obtain "material nonpublic information" related to that transaction. A "covered transaction" refers to buying, selling, or exchanging a "prediction market contract," which is defined as any financial instrument traded on a platform in interstate commerce that is linked to the outcome of a future event, such as government policy, actions, or political results. "Material nonpublic information" is defined as information that a reasonable investor would find important for making an investment decision and that is not yet publicly available.
Committee Categories
Government Affairs
Sponsors (42)
Ritchie Torres (D)*,
Alma Adams (D),
Wesley Bell (D),
Janelle Bynum (D),
André Carson (D),
Sean Casten (D),
Rosa DeLauro (D),
Chris Deluzio (D),
Bill Foster (D),
Dan Goldman (D),
Josh Gottheimer (D),
Pablo Jose Hernandez (D),
Steven Horsford (D),
Jared Huffman (D),
George Latimer (D),
Mike Levin (D),
Sam Liccardo (D),
Seth Magaziner (D),
Sarah McBride (D),
Betty McCollum (D),
Kristen McDonald Rivet (D),
Morgan McGarvey (D),
Grace Meng (D),
Seth Moulton (D),
Eleanor Holmes Norton (D),
Nancy Pelosi (D),
Brittany Pettersen (D),
Mark Pocan (D),
Josh Riley (D),
Andrea Salinas (D),
Terri Sewell (D),
Brad Sherman (D),
Darren Soto (D),
Greg Stanton (D),
Suhas Subramanyam (D),
Shri Thanedar (D),
Dina Titus (D),
Rashida Tlaib (D),
Jill Tokuda (D),
Juan Vargas (D),
Marc Veasey (D),
Eugene Vindman (D),
Last 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. (on 01/09/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/119th-congress/house-bill/7004/all-info |
| BillText | https://www.congress.gov/119/bills/hr7004/BILLS-119hr7004ih.pdf |
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