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Experts Comment on Bill Banning U.S. Lawmakers From Insider Prediction Bidding

  • The Stop Lawmakers from Predicting Act would ban members of Congress, their spouses, and dependent children from betting on government policies or actions they learn about through their work.
  • The bill was introduced by U.S. Rep. Bryan Steil, R-Wis., and targets insider prediction market bids tied to government policies or actions.
  • Dylan Hedtler-Gaudette of the Project On Government Oversight called the bill a step in the right direction and stressed the need to restore public trust through such bans.
  • POGO advocates for a broader ban covering all federal government employees to prevent insider bidding and its influence on policy decisions.
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Experts comment on bill banning U.S. lawmakers from insider prediction bidding

(The Center Square) – Newly introduced legislation to ban members of Congress from betting in prediction markets should be expanded to include members of all three branches of the federal government, a government accountability group said.

·Chariton, United States
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