On 2026-06-18, Senator David McCormick (R-PA) delivered a floor speech titled "Text Of Senate Amendment 5881" in the Senate.
Text of Senate Amendment 5881 Congressional Record, Volume 172 Issue 103 (Thursday, June 18, 2026) [Congressional Record Volume 172, Number 103 (Thursday, June 18, 2026)] [Senate] [Pages S2971-S2972] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] SA 5881. Mr. McCORMICK submitted an amendment intended to be proposed by him to the bill S. 4784, to authorize appropriations for fiscal year 2027 for military activities of the Department of Defense, for military construction, [[Page S2972]] and for defense activities of the Department of Energy, to prescribe military personnel strengths for such fiscal year, and for other purposes; which was ordered to lie on the table; as follows: At the end of subtitle G of title X, add the following: SEC. 1___. SECRETARY OF DEFENSE CONSULTATION REGARDING PREDICTION MARKETS. Not later than 180 days after the date of enactment of this Act, the Secretary of Defense shall consult with the Commodity Futures Trading Commission regarding the proposed rule submitted of the Commission entitled ``Prediction Markets; Public Interest Determinations'' (91 Fed. Reg. 35806 (June 12, 2026)), or a subsequent final rulemaking, in relation to the following factors: (1) The factors to define war, terrorism, and assassination. (2) The factors in determining whether event contracts involve war, terrorism, or assassination. (3) The factors that raise public interest concerns. ______