To amending chapter 131 of title 5, United States Code, to prohibit Members of Congress from certain participation in prediction markets, and for other purposes.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 8838 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 8838 To amending chapter 131 of title 5, United States Code, to prohibit Members of Congress from certain participation in prediction markets, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 14, 2026 Mr. Vindman introduced the following bill; which was referred to the Committee on House Administration _______________________________________________________________________ A BILL To amending chapter 131 of title 5, United States Code, to prohibit Members of Congress from certain participation in prediction markets, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Congressional Prediction Market Ban Act of 2026''. SEC. 2. PROHIBITION ON MEMBERS OF CONGRESS AND FAMILY MEMBERS FROM PARTICIPATION IN PREDICTION MARKETS. (a) In General.--Chapter 131 of title 5, United States Code, is amended by adding at the end the following: ``SUBCHAPTER IV--PROHIBITION ON PARTICIPATION IN PREDICTION MARKETS ``Sec. 13151. Definitions ``In this subchapter: ``(1) Member of congress and congressional ethics committees.--The terms `Member of Congress' and `congressional ethics committees' have the meanings given the terms in section 13101. ``(2) Covered transaction.--The term `covered transaction' means a purchase, sale, or exchange of a prediction market contract. ``(3) Prediction market contract.--The term `prediction market contract'-- ``(A) means an agreement, contract, swap, or transaction that provides for any purchase, sale, payment, or delivery of an excluded commodity, as such term is defined in section 1a of the Commodity Exchange Act (7 U.S.C. 1a), that is dependent on the occurrence, nonoccurrence, or th