Referred to the Committee on Ethics, and in addition to the Committees on the Judiciary, and Oversight and Government Reform, 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.
Congress
Why This Matters
This resolution prohibits Members of the House of Representatives from participating in prediction markets, which are betting platforms for future events.
If you are a Member of the House, you cannot enter into prediction market agreements starting now.
Who this affects
Members of the House · House employees
What does this resolution do?
1Members of the House of Representatives cannot engage in prediction market transactions.
2This rule applies to all Members, Delegates, and employees of the House.
3Prediction markets involve betting on the outcome of specific events.
4The resolution does not affect lawful insurance agreements.
5The House encourages similar restrictions for the executive and judicial branches.
