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HR 7004ReferredFederalhouse

Public Integrity in Financial Prediction Markets Act of 2026

Introduced January 9, 2026Last action January 9, 2026
View official bill

Legislative Progress

Introduced
Referred
Committee
Floor Vote
Passed Chamber
Passed Both
Enrolled
Signed

Plain English Summary

AI-generated

Plain-English Summary: Public Integrity in Financial Prediction Markets Act of 2026

What the Bill Does

This bill appears to address rules and restrictions around "prediction markets" — online platforms where people can bet real money on the outcomes of future events, such as elections, economic indicators, or government policy decisions. Based on the bill's title and the committees it was referred to, the legislation likely aims to establish or strengthen guardrails to prevent conflicts of interest, corruption, or insider trading when public officials or government-connected individuals participate in these markets.

Who It Affects

The bill would most likely affect federal officials, government employees, and potentially political candidates or their associates who might have access to non-public information that could give them an unfair advantage when placing bets on political or policy-related outcomes. It may also affect the companies that operate prediction market platforms, potentially requiring them to follow new transparency or reporting rules. Ordinary citizens who use these platforms could also be impacted depending on any new restrictions or requirements the bill establishes.

Important Caveat

Because no official bill text or description was provided, this summary is based only on the bill's title and its committee referrals. The actual details, scope, and requirements of the legislation may differ. As this bill is still in its early stages — having just been introduced and referred to committee — it has not yet been debated, amended, or voted on. Readers are encouraged to seek the full bill text for complete and accurate details.

This summary is AI-generated for informational purposes. Always refer to the official bill text for legal accuracy.

Latest Action

Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on House Administration, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

January 9, 2026

Sponsor

R
Rep. Torres, Ritchie [D-NY-15]DNY

Committees

Oversight and Government Reform

Legislative History

Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on House Administration, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Jan 9, 2026

Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on House Administration, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Jan 9, 2026

Introduced in House

Jan 9, 2026

Introduced in House

Jan 9, 2026