Our bill will prohibit elected officials, staff, and executive branch employees from trading prediction market event contracts based on information acquired as part of their official duties. This is a sensible step to protect taxpayers and promote integrity in government.
Prohibit federally elected officials and government employees from using insider information to bet on prediction market contracts.
Occurrences
Today, U.S. Senators Todd Young (R-Ind.), Elissa Slotkin (D-Mich.), John Curtis (R-Utah), and Adam Schiff (D-Calif.) today introduced the bipartisan Public Integrity in Financial Prediction Markets Act of 2026. The bill prohibits federally elected officials and government employees from using insider information to bet on a prediction market contract. ... Our bill will prohibit elected officials, staff, and executive branch employees from trading prediction market event contracts based on information acquired as part of their official duties.
Our bill will prohibit elected officials, staff, and executive branch employees from trading prediction market event contracts based on information acquired as part of their official duties. This is a sensible step to protect taxpayers and promote integrity in government.
Public Integrity Act Led by Sens. Todd Young (R-IN) and Elissa Slotkin (D-MI). Bans all federal employees and their families from trading any prediction market contracts — the broadest proposed prohibition.
US lawmakers Todd Young, Elissa Slotkin, John Curtis and Adam Schiff unveiled the bipartisan Public Integrity in Financial Prediction Markets Act of 2026...the bill proposes to prohibit government officials from using insider information to bet on prediction market contracts, with fines up to double the amount of profits.
Senator Adam Schiff joined Senators Slotkin, Young, and Curtis in introducing the Public Integrity in Financial Prediction Markets Act of 2026, aiming to prohibit government officials from using insider information on prediction markets.
A bipartisan group of senators, including Todd Young, introduced legislation requiring lawmakers and government employees to disclose any bets placed through prediction markets to prevent profiting from privileged information.
Our bill will prohibit elected officials, staff, and executive branch employees from trading prediction market event contracts based on information acquired as part of their official duties.
Our bill will prohibit elected officials, staff, and executive branch employees from trading prediction market event contracts based on information acquired as part of their official duties.
Sens. Elissa Slotkin (D-MI), Todd Young (R-IN), Adam Schiff (D-CA), and John Curtis (R-UT) are leading the bipartisan effort behind the Public Integrity in Financial Prediction Markets Act of 2026, which would ban government officials from using insider information to profit from event contracts.
Ms. Slotkin (for herself, Mr. Young, Mr. Schiff, and Mr. Curtis) introduced the following bill; which was read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Evidence
On March 26, 2026, Senator Todd Young, along with Senators Elissa Slotkin, John Curtis, and Adam Schiff, introduced the bipartisan Public Integrity in Financial Prediction Markets Act of 2026. The bill aims to prohibit federally elected officials and government employees from using insider information to bet on prediction market contracts.
The Public Integrity in Financial Prediction Markets Act of 2026, introduced by Senators Curtis, Slotkin, Young, and Schiff, seeks to prohibit federally elected officials and government employees from using insider information to bet on prediction market contracts.
Senator Adam Schiff joined Senators Slotkin, Young, and Curtis in introducing the Public Integrity in Financial Prediction Markets Act of 2026, aiming to prohibit government officials from using insider information on prediction markets.
On March 20, 2026, Senator Todd Young announced his support for two bills aimed at restricting stock trading by members of Congress, including the Restore Trust in Congress Act and the Stop Insider Trading Act.
A bipartisan group of senators, including Todd Young, introduced legislation requiring lawmakers and government employees to disclose any bets placed through prediction markets to prevent profiting from privileged information.
US lawmakers, including Todd Young, introduced the Public Integrity in Financial Prediction Markets Act of 2026 to prohibit government officials from using insider information to bet on prediction market contracts.
Senator Todd Young, along with Senators Slotkin, Curtis, and Schiff, introduced the Public Integrity in Financial Prediction Markets Act of 2026 to prohibit government officials from using insider information on prediction markets.
A coalition of over 40 Democratic lawmakers sent a letter to the CFTC and OGE demanding guidance to prevent federal employees from using non-public information to profit on prediction market platforms.
On March 26, 2026, Senator Todd Young co-introduced the bipartisan Public Integrity in Financial Prediction Markets Act of 2026, aiming to prohibit federally elected officials and government employees from using insider information to bet on prediction market contracts.
The Public Integrity in Financial Prediction Markets Act of 2026, introduced on March 25, 2026, was read twice and referred to the Committee on Homeland Security and Governmental Affairs.
A bipartisan group of senators introduced legislation on March 26, 2026, requiring lawmakers and government employees to disclose any bets placed through prediction markets to prevent profiting from privileged information.
On March 27, 2026, Senator Adam Schiff joined Senators Slotkin, Young, and Curtis to introduce the bipartisan Public Integrity in Financial Markets Act of 2026, prohibiting federally elected officials and government employees from using insider information to bet on prediction market contracts.
On March 26, 2026, Senators Curtis, Slotkin, Young, and Schiff introduced the bipartisan Public Integrity in Financial Prediction Markets Act of 2026 to prohibit government officials from using insider information on prediction markets.
On January 9, 2026, Representative Ritchie Torres introduced H.R. 7004, the Public Integrity in Financial Prediction Markets Act of 2026, which was referred to the Committee on Oversight and Government Reform and the Committee on House Administration.
As of April 17, 2026, the Public Integrity in Financial Prediction Markets Act remains listed in the Congressional Record Index without further legislative action.
On March 27, 2026, a bipartisan group of senators introduced the Public Integrity in Financial Prediction Markets Act to prohibit government officials from using insider information to profit from event contracts.
On March 26, 2026, Senator Todd Young and colleagues introduced the Public Integrity in Financial Prediction Markets Act of 2026. The press release says the bill prohibits federally elected officials and government employees from using insider information to bet on prediction market contracts.
GovInfo shows S. 4188 was introduced in the Senate on March 25, 2026, read twice, and referred to the Committee on Homeland Security and Governmental Affairs.
The Congressional Record Index entry remains for the Public Integrity in Financial Prediction Markets Act as of April 17, 2026, with no further legislative progress reflected in the record index entry.
Six days before the prediction-market bill announcement, Young said he supported bills to ban stock trading by members of Congress and wanted such a ban to become law.
The official GovInfo bill record still shows S. 4188 at the introduced stage: it was read twice and referred to the Senate Committee on Homeland Security and Governmental Affairs on March 25, 2026, with Todd Young listed as a cosponsor.
The Senate agreed to S. Res. 708 on April 30, 2026, creating a Senate rule that bars senators from trading on prediction markets; the rule also applies to Senate officers and staff, but it does not extend to the full set of federally elected officials and government employees covered by S. 4188.
The article says Todd Young, Elissa Slotkin, John Curtis, and Adam Schiff had introduced a bill that would ban federal officials and government employees from using insider information to trade on prediction contracts; it reports the bill as introduced, not enacted.
House Oversight Chairman James Comer said Congress may need legislation to prohibit government employees from using insider knowledge on prediction-market contracts, which indicates the broader federal ban the claim seeks had still not been enacted in late May.
AP reported that Kalshi will begin collecting employment information for certain high-risk markets and use it to screen out presumptive insiders, following a string of recent prediction-market insider-trading episodes.
AP reported that Polymarket ended its paid relationship with George Santos while federal regulators investigated his prediction-market bets, and that Kalshi referred suspicious trades to the CFTC for possible insider trading.
The Senate adopted S. Res. 708, creating a Senate-only prohibition on senators, staff, and officers trading on prediction markets; it does not extend to the broader set of federally elected officials and government employees covered by Young's bill.
Assessments
Young materially advanced the promise by co-introducing S. 4188, the Public Integrity in Financial Prediction Markets Act of 2026, which directly matched the pledged government-wide prohibition. But that bill did not advance beyond introduction and committee referral. The only concrete policy change in the record is S. Res. 708, a same-term Senate rule barring senators, Senate staff, and officers from prediction-market trading, which is narrower than the promised ban on all federally elected officials and government employees. That makes the outcome a real but incomplete delivery, with clear candidate effort but not full enactment of the promised policy.
Young materially advanced the policy by co-introducing S. 4188 in March 2026, a bill matching the promise’s substance, but that measure did not move beyond committee. A narrower Senate-only step did pass in April 2026 through S. Res. 708, barring senators and certain Senate personnel from prediction-market trading, but it fell short of the promised government-wide prohibition on all federally elected officials and government employees. Because part of the policy was achieved in the same term, but not the full promised outcome, the best judgment is partial rather than delivered.
Todd Young co-introduced the Public Integrity in Financial Prediction Markets Act of 2026, which matched the substance of the promise, but the bill was only read twice and referred to committee with no further legislative progress in the record. A separate Senate rule later barred senators, officers, and staff from trading on prediction markets, but that did not extend to the full set of federally elected officials and government employees in the claim. This is a serious attempt, not a completed delivery.
Todd Young materially advanced the goal by co-introducing S. 4188 in March 2026, but the bill stalled after referral and did not become law. The later Senate rule on prediction-market trading was narrower, covering senators and certain Senate personnel only, not the full set of federally elected officials and government employees named in the claim. This is a serious but unsuccessful attempt rather than fulfillment of the promise.
Todd Young co-introduced S. 4188, the Public Integrity in Financial Prediction Markets Act of 2026, which directly matched the promise by seeking to prohibit federally elected officials and government employees from using insider information to bet on prediction market contracts. However, the evidence only shows introduction, reading, and referral to committee, with no passage or implemented prohibition. Because Young made a concrete legislative attempt but the promised policy was not enacted, this is best scored as not delivered with an effort badge.
Young made a concrete same-term legislative attempt by co-introducing S. 4188, the Public Integrity in Financial Prediction Markets Act of 2026, which directly matches the promised prohibition. However, the evidence shows the bill was only introduced, read twice, and referred to committee, with no indication that it passed or became enforceable law. Because the promised policy outcome was not delivered, but Young did materially advance matching legislation, this is a failed delivery with an effort badge rather than partial credit or full delivery.
Todd Young co-introduced S. 4188, the Public Integrity in Financial Prediction Markets Act of 2026, during his current Senate term, and the bill directly matches the promise by seeking to prohibit federally elected officials and government employees from using material nonpublic information in prediction market contracts. However, the available official status shows only introduction, second reading, and referral to committee, with no enactment or final legal prohibition. This is a serious legislative attempt but not delivery of the promised outcome.
Senator Todd Young co-introduced the Public Integrity in Financial Prediction Markets Act in 2026, matching the substance of the campaign promise. However, there is no evidence the bill or any related legislation passed, was enacted, or implemented during the term. The bill remained in committee with no further legislative action, indicating an effort was made but the promise was not fulfilled.
Senator Todd Young made a significant, bipartisan legislative effort by co-introducing the Public Integrity in Financial Prediction Markets Act of 2026 and supporting similar legislative initiatives. However, based on the provided evidence, there is no indication that these bills were passed into law or that a legal prohibition was enacted. Therefore, while the effort was substantial and fulfilled the intent of attempting delivery, the policy promise to prohibit use of insider information by government officials on prediction markets was not legally delivered.