Congressional Prediction Market Ban Act of 2026

The Congressional Prediction Market Ban Act of 2026 prohibits Members of Congress and their household members from participating in prediction markets, which are financial agreements tied to the outcome of specific events. To enforce this rule, lawmakers must submit an annual certification confirming their compliance, and these statements will be made available on public websites. If a violation occurs, congressional ethics committees will investigate the case, and the offending Member could face a fine of at least $10,000 or triple the profit gained from the illegal transaction. The law also requires ethics committees to create procedures and guidance to help Members understand and follow these new restrictions.