The PREDICT Act would prohibit Members of Congress, their spouses, and dependent children; the President and Vice President; and political appointees, including individuals serving in Executive Schedule positions, among others, from trading on the outcomes of political events, policy decisions, and other government actions on prediction markets.
Prohibit Members of Congress, their spouses, dependent children, the President and Vice President, and political appointees from trading on the outcomes of political events, policy decisions, and other government actions on prediction markets.
Occurrences
Rep. Budzinski is currently drafting legislation to prohibit Members of Congress and government officials from trading on political outcomes on prediction markets like Polymarket.
Evidence
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Last Action Date Listed March 25, 2026 Action Ms. Budzinski (for herself, Mr. Smith of Nebraska, and Mr. Magaziner) introduced the following bill; which was referred to the Committee on Oversight and Government Reform, and in addition to the Committees on House Administration, and the Judiciary
unverified · Source version 54661 · locator unknown
119th Congress Second session, beginning January 3, 2026 Total number of public laws: 36
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