Amending the Rules of the House of Representatives to prohibit Members of the House from entering into certain agreements, contracts, or transactions with respect to prediction markets.

Ashley Hinson

Republican · IA · Representative

Source: Congress.gov · FEC

• Jack Bergman (R-MI-1)· 2026-05-12

Referred to the Committee on Ethics, and in addition to the Committees on the Judiciary, and Oversight and Government Reform, 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.

2026-05-07

Source: Congress.gov

The proposal would ban members of Congress from betting on or trading in prediction markets—platforms where people wager money on the outcomes of future events like elections or policy decisions. This rule would prevent lawmakers from potentially profiting off their own legislative decisions or inside knowledge of government actions. The change would apply only to House members and aims to reduce conflicts of interest in Congress.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H. Res. 1263 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. RES. 1263 Amending the Rules of the House of Representatives to prohibit Members of the House from entering into certain agreements, contracts, or transactions with respect to prediction markets. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 7, 2026 Mrs. Hinson submitted the following resolution; which was referred to the Committee on Ethics, and in addition to the Committees on the Judiciary, and Oversight and Government Reform, 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 _______________________________________________________________________ RESOLUTION Amending the Rules of the House of Representatives to prohibit Members of the House from entering into certain agreements, contracts, or transactions with respect to prediction markets. Resolved, SECTION 1. PROHIBITION ON PREDICTION MARKET TRADING BY MEMBERS OF THE HOUSE OF REPRESENTATIVES. Rule XXIII of the Rules of the House of Representatives is amended-- (1) by redesignating clause 22 as clause 23; and (2) by inserting after clause 21 the following: ``22. No Member, Delegate, Resident Commissioner, officer, or employee of the House of Representatives may enter into, or offer to enter into, an agreement, contract, swap, or transaction that provides for any purchase, sale, payment, or delivery of an excluded commodity, as defined in section 1a of the Commodity Exchange Act (7 U.S.C. 1a), that is dependent on the occurrence, nonoccurrence, or the extent of the occurrence of a specific event or contingency. Nothing in this clause shall be construed to apply to insurance for which the insured holds a lawful insurable interest.''. SEC. 2. SENSE OF THE HOUSE OF REPRESENTATIVES. It is the sense of the House of Representatives that the executive branch and judicial branch should establish restrictions similar to those added to the Rules of the House of Representatives under section 1 relating to participation in prediction markets. <all>

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