Stop Insider Trading from Government Officials on Prediction Markets

I joined Bloomberg last week to discuss a new bill I introduced, the Public Integrity in Financial Prediction Markets Act of 2026. This bill would prohibit elected officials, congressional staff, and executive branch employees from trading prediction market event contracts based on information acquired as part of their official duties.
Public service should never be a pathway to personal profit based on insider information. Recent activity in prediction markets has raised real concerns that individuals with access to sensitive, nonpublic information could exploit that advantage for financial gain. Our bill will prohibit elected officials and government 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.
Read more about the bill here. Watch my interview by clicking here or the image above. |