Public Integrity in Financial Prediction Markets Act of 2026
Sponsored By: Representative Torres, Ritchie [D-NY-15]
Introduced
Summary
Bars government insiders from trading prediction markets using secret government information. This bill would prohibit specified federal officials and staff from knowingly buying, selling, or exchanging prediction market contracts tied to government policy, government actions, or political outcomes when they possess material nonpublic information or could reasonably obtain that information through their official duties.
Show full summary
- Elected federal officials would be banned from covered prediction-market trades when they hold or could obtain material nonpublic information related to policy or political results.
- House and Senate employees would face the same restriction, including situations where the information would not be available to a member of the public exercising reasonable diligence.
- Political appointees would be barred from engaging in covered transactions that depend on material nonpublic information learned on the job.
- Employees of executive agencies, as defined in federal law, are included so agency staff cannot trade prediction contracts tied to agency decisions when they have or could obtain material nonpublic information.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
Ban on Officials Trading Prediction Markets
This bill would prohibit covered federal officials from knowingly buying, selling, or exchanging prediction market contracts tied to government policy, government action, or political outcomes. A covered individual would include elected Federal officials, House or Senate employees, political appointees, and Executive agency employees (per 5 U.S.C. 105). The ban would apply when the person has material nonpublic information, or could reasonably obtain such information while doing official duties. Prediction market contracts would mean interstate-market contracts or derivatives tied to the occurrence or non‑occurrence of a future event. If enacted, the prohibition would take effect upon enactment.
Sponsors & CoSponsors
Sponsor
Torres, Ritchie [D-NY-15]
NY • D
Cosponsors
Rep. Titus, Dina [D-NV-1]
NV • D
Sponsored 1/9/2026
Rep. Latimer, George [D-NY-16]
NY • D
Sponsored 1/9/2026
Del. Norton, Eleanor Holmes [D-DC-At Large]
DC • D
Sponsored 1/9/2026
Rep. Sherman, Brad [D-CA-32]
CA • D
Sponsored 1/9/2026
Rep. Thanedar, Shri [D-MI-13]
MI • D
Sponsored 1/9/2026
Rep. Moulton, Seth [D-MA-6]
MA • D
Sponsored 1/9/2026
McBride
DE • D
Sponsored 1/9/2026
Adams
NC • D
Sponsored 1/9/2026
Rep. Bynum, Janelle S. [D-OR-5]
OR • D
Sponsored 1/9/2026
Rep. Stanton, Greg [D-AZ-4]
AZ • D
Sponsored 1/9/2026
Rep. Pettersen, Brittany [D-CO-7]
CO • D
Sponsored 1/9/2026
Sewell
AL • D
Sponsored 1/9/2026
Rep. Foster, Bill [D-IL-11]
IL • D
Sponsored 1/9/2026
Rep. Subramanyam, Suhas [D-VA-10]
VA • D
Sponsored 1/9/2026
Pelosi
CA • D
Sponsored 1/9/2026
Casten
IL • D
Sponsored 1/9/2026
Rep. Goldman, Daniel S. [D-NY-10]
NY • D
Sponsored 1/9/2026
Rep. Bell, Wesley [D-MO-1]
MO • D
Sponsored 1/9/2026
Carson
IN • D
Sponsored 1/9/2026
Rep. Horsford, Steven [D-NV-4]
NV • D
Sponsored 1/9/2026
Levin
CA • D
Sponsored 1/9/2026
Rep. McGarvey, Morgan [D-KY-3]
KY • D
Sponsored 1/9/2026
Rep. Deluzio, Christopher R. [D-PA-17]
PA • D
Sponsored 1/9/2026
Rep. McDonald Rivet, Kristen [D-MI-8]
MI • D
Sponsored 1/9/2026
Rep. Vargas, Juan [D-CA-52]
CA • D
Sponsored 1/9/2026
Soto
FL • D
Sponsored 1/9/2026
Rescom. Hernández, Pablo Jose [D-PR-At Large]
PR • D
Sponsored 1/9/2026
Rep. Tlaib, Rashida [D-MI-12]
MI • D
Sponsored 1/9/2026
Riley (NY)
NY • D
Sponsored 1/9/2026
Rep. Vindman, Eugene Simon [D-VA-7]
VA • D
Sponsored 1/9/2026
Rep. Meng, Grace [D-NY-6]
NY • D
Sponsored 1/9/2026
McCollum
MN • D
Sponsored 1/9/2026
Rep. Pocan, Mark [D-WI-2]
WI • D
Sponsored 1/12/2026
Rep. Salinas, Andrea [D-OR-6]
OR • D
Sponsored 1/12/2026
Liccardo
CA • D
Sponsored 1/12/2026
Rep. Gottheimer, Josh [D-NJ-5]
NJ • D
Sponsored 1/13/2026
Rep. DeLauro, Rosa L. [D-CT-3]
CT • D
Sponsored 1/13/2026
Rep. Veasey, Marc A. [D-TX-33]
TX • D
Sponsored 1/14/2026
Rep. Magaziner, Seth [D-RI-2]
RI • D
Sponsored 1/14/2026
Rep. Huffman, Jared [D-CA-2]
CA • D
Sponsored 2/2/2026
Rep. Tokuda, Jill N. [D-HI-2]
HI • D
Sponsored 2/4/2026
Rep. Vasquez, Gabe [D-NM-2]
NM • D
Sponsored 3/16/2026
Pingree
ME • D
Sponsored 4/13/2026
Rep. Pappas, Chris [D-NH-1]
NH • D
Sponsored 4/27/2026
Rep. Krishnamoorthi, Raja [D-IL-8]
IL • D
Sponsored 4/28/2026
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov