In House Committee·Last action 105 days ago

HR7004 Blocks Prediction Market Deals for Some

Officially: Public Integrity in Financial Prediction Markets Act of 2026

HR7004 stops certain people from making deals in prediction markets. Affects traders and investors by limiting their actions.

Where it stands

Sitting in Oversight and Government Reform

No vote scheduled. Constituent contact is what moves bills out of committee.

What this bill actually does

Prohibition on transactions: Stops certain individuals from engaging in prediction market contracts.
Focus on fairness: Aims to ensure transparency and prevent insider manipulation.

↓ Why your message matters here

This bill is sitting in committee with no scheduled vote — which means a small number of constituent messages can decide whether it moves forward or quietly dies.

The debate

What people are saying about this bill

✓Arguments in support

Restores Market Integrity: Supporters argue that the bill prevents government insiders from profiting on secret information, which helps restore trust in prediction markets.
Boosts Public Confidence: By banning trades based on nonpublic information, the bill creates a level playing field and reduces conflicts of interest.
Mitigates National Security Risks: The bill addresses concerns that suspicious trades could alert foreign adversaries to sensitive government actions.

✕Arguments against

Overregulation Concerns: Critics might argue that the bill could overregulate emerging prediction markets, stifling innovation and growth.
Enforcement Challenges: There may be concerns about how effectively the bill can be enforced, given the lack of specific enforcement mechanisms.
Impact on Market Dynamics: Some might worry that the bill could alter market dynamics, affecting the natural flow of information and market predictions.

Where this bill is in the process

Legislative timeline

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Introduced

Introduced in House

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House Committee

Under House committee consideration

Latest: 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. (1/9/2026)

JAN 9

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House Floor Vote

Voted on by House

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Passed House

Approved by House

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Senate Review

Sent to Senate for consideration

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Passed Both Chambers

Approved by both House and Senate

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Signed into Law

Signed by the President

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HR7004 Blocks Prediction Market Deals for Some

What people are saying about this bill

Legislative timeline

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