Crow is calling on Speaker Mike Johnson to immediately ban members of the U.S. House of Representatives, their families, and congressional staff from trading in individual stocks and participating in prediction markets.
Ban members of Congress, their families, and congressional staff from trading individual stocks and participating in prediction markets.
Occurrences
Crow is also calling on the U.S. House to ban its members from insider trading on prediction markets, and he’s an original cosponsor of the TRUST in Congress Act to ban members of Congress and their families from owning or trading stocks.
urge immediate changes to the rules package for the 119th Congress to include a clear, enforceable ban on Members, their families, and staff trading in individual stocks and in prediction markets
Evidence
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"We are writing to urge immediate changes to the rules package for the 119th Congress to include a clear, enforceable ban on Members, their families, and staff trading in individual stocks and in prediction markets." Jason Crow is listed among the signers on page 2.
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Crow said the House "should amend its rules, which currently do not address prediction markets or stock trading" and called for a ban on members, their families, and congressional staff from trading individual stocks and participating in prediction markets.
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House Oversight Committee Chairman James Comer sent letters to Kalshi and Polymarket on May 22, 2026 demanding records on identity verification, geographic restrictions, and suspicious transactions by June 5, saying "there's a concern now that members of Congress, members of the president's administration, any type of government employee, can use basic insider knowledge and make huge profits on anything government-related."
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On June 10, 2026, Axios reported that the Commodity Futures Trading Commission released proposed rules to permit sports event contracts on prediction markets, with a 90-day comment period before finalization.
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548 H.R. 7008 A act to amend chapter Aug. 6, 2026.--Read the second time and placed on the calendar.
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To amend chapter 131 of title 5 to require certain restrictions on stocks for Members of Congress and their spouses and dependents, and for other purposes.
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Except as described in subsection (c), no covered individual may purchase a covered investment.
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Congressman Jason Crow (D-CO), Co-Chair of the End Corruption Caucus, is demanding Speaker Johnson bring the Restore Trust in Government Act to the House floor for a vote.
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I don’t own or trade stocks, I ban my office from betting on prediction markets, and I refuse money from corporate special interests
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The Senate convened for a pro forma session at 11:30 a.m. Senator Budd presided and no business was conducted.
Assessments
Crow clearly advocated this policy in office, including publicly calling for a House rules ban and signing a bipartisan letter urging leadership to prohibit members, their families, and staff from trading individual stocks and participating in prediction markets. But the available evidence shows advocacy and pressure on House leadership, not actual adoption of the ban. Because Crow materially advanced the promise without securing enactment, this is partial rather than delivered.
Crow materially advanced the promised policy during his current federal House term by publicly urging House leadership to change the 119th Congress rules package and by signing a bipartisan letter calling for a clear ban on members, families, and staff trading individual stocks and participating in prediction markets. However, the evidence only shows advocacy and a rules-change request, not adoption of the ban or enactment into binding House rules or federal law. Because the promised outcome was not delivered despite a serious attempt, this is a failed delivery with an effort badge rather than partial or delivered.