Hinson Introduces House Rules Change to Ban Members from Participating in Prediction Markets

Washington, D.C. — Today, Congresswoman Ashley Hinson (IA-02) introduced legislation to amend House Rules and prohibit Members of Congress, congressional staff, and House officers from entering into agreements tied to the outcome of specific events—effectively banning participation in prediction markets. 

Led by Senator Bernie Moreno (R-OH), the Senate has already taken action to prohibit similar conduct under its own rules, and this legislation would ensure the House follows suit. This measure builds on Hinson's broader push to promote accountability in government by supporting the bipartisan PREDICT Act. 

"Members of Congress shouldn't be able to use insider knowledge to make a profit. We should take immediate action to ensure DC politicians can't make money off of policies they are influencing. I am calling on our House Republican leadership to bring this to the floor immediately — it should receive unanimous support." — Congresswoman Ashley Hinson

Read the full bill text here. 

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