Jamie Raskin (D-MD)

STOP Corrupt Bets Act of 2026

H.R. 8123 · House bill Finance and Financial Sector

A Democratic bill with 5 Democratic cosponsors · See all 5 cosponsors

Last activity — Referred to the House Committee on Agriculture.

In committee

Introduced and handed to a committee in the chamber it started in.

The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.

Its path through Congress

  1. Introduced
  2. In Committee

What this bill would do

This bill, known as the "STOP Corrupt Bets Act of 2026," aims to amend the Commodity Exchange Act. It seeks to prohibit certain event contracts on prediction markets from being traded through registered entities. The prohibited matters include political elections, actions by the U.S. government branches, sporting events, and military actions. An exception is made for contracts used for hedging or mitigating commercial risk regarding government actions. Additionally, the bill mandates a study by the Comptroller General regarding prediction markets and their impacts.

Yes· 3 of 4

  • Scored +2

    Does this give people more protection from unfair business practices?

    The bill aims to preserve the integrity of markets by prohibiting certain types of speculative event contracts.

  • Scored +1

    Does this give the federal government more power?

    The bill expands federal regulatory authority over prediction market event contracts.

  • Scored +1

    Does this make elections run better?

    The bill seeks to restrict the use of prediction markets for political elections.

The opposite

No question was scored the opposite.