Bans Prediction Market Deals for Congress Members
Official: Amending the Rules of the House of Representatives to prohibit Members of the House from entering into certain agreements, contracts, or transactions with respect to prediction markets.
This resolution prohibits Members of the House of Representatives from participating in prediction markets, which are betting platforms for future events.
1. Members of the House of Representatives cannot engage in prediction market transactions. 2. This rule applies to all Members, Delegates, and employees of the House. 3. Prediction markets involve betting on the outcome of specific events. 4. The resolution does not affect lawful insurance agreements. 5. The House encourages similar restrictions for the executive and judicial branches.
This resolution affects all Members of the House of Representatives and their employees.