U.S. lawmakers introduce bill to ban members of Congress, the President, and high-ranking officials from participating in prediction betting

2026-03-26 08:17:22

Golden Finance reports that on March 26, Cointelegraph reported that U.S. lawmakers recently introduced a bill aimed at banning members of Congress, the President, and other senior government officials from betting on prediction markets.
The proposal was jointly sponsored by U.S. Representatives Adrian Smith and Nikki Budzinski and was introduced on Tuesday. It is called the “Preventing Real-time Exploitation and Deceptive Congressional Trading Act” (PREDICT Act).

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