Govwatch

Introduced

In Committee

3

Passed One Chamber

4

Passed Both

5

Signed into Law

Sponsor

Ritchie Torres

Democrat · NY · Representative

Votes with party: 96.3% (539 recorded votes)

Full profile: /officials/T000486

Source: Congress.gov · FEC

Cosponsors (45)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

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.

2026-01-09

Source: Congress.gov

Committee Activity

Currently in

House Committee on House AdministrationReferred To · 2026-01-09
House Committee on Oversight and Government ReformReferred To · 2026-01-09

Previously

Committee on House AdministrationReferred To · 2026-01-09
Oversight and Government Reform CommitteeReferred To · 2026-01-09

Plain-English Summary

This bill would regulate financial prediction markets—platforms where people bet money on the outcomes of political events and government decisions—to prevent conflicts of interest and ensure public officials aren't profiting from insider knowledge about policy changes. The legislation likely aims to restrict government employees and elected officials from participating in these markets or would require greater transparency about who is trading and what they know. The bill addresses concerns that prediction markets could create incentives for officials to make decisions based on personal financial gain rather than the public interest.

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.

Subjects

Government Operations and Politics

Full bill text is not yet cached locally.

Open text view Read on Congress.gov

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Public Integrity in Financial Prediction Markets Act of 2026