Prohibits House Members from Prediction Markets
Official: Amending the Rules of the House of Representatives to prohibit Members, officers, and employees of the House of Representatives from participating in prediction markets in certain cases, and for other purposes.
This resolution prohibits Members, officers, and employees of the House of Representatives from participating in prediction markets that depend on specific events.
1. House Members, officers, and employees cannot participate in prediction markets related to specific events. 2. This rule aims to prevent conflicts of interest and maintain public trust in government. 3. The resolution allows for lawful insurance and sports betting to continue. 4. It also suggests that other branches of government should adopt similar restrictions.
This affects all current and future Members, officers, and employees of the House of Representatives.