Contact Congress about H.R. 7004: Public Integrity in Financial Prediction Markets Act of 2026

Federal officials and workers could not trade some prediction market contracts if their jobs give them important private information. The rule would cover contracts tied to government policy, government action, or political results.

Modern Action explains legislation in plain English, helps you choose whether to support, oppose, or ask for changes, and drafts a message tied to the bill, your stance, and the elected officials who can act on it.

Public Integrity in Financial Prediction Markets Act of 2026 is a House bill in committee. The latest recorded action: Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on House Administration, 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.

Latest action on H.R. 7004: Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on House Administration, 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.

Who this affects: This bill mainly affects federal officials and workers whose jobs may give them private information about government or political events. It could also affect prediction market platforms that offer contracts tied to U.S. policy or politics. The biggest day-to-day change would be limits on when covered officials can use these markets.

Why this matters: This bill matters because officials may learn things at work that the public does not know. Without clear limits, they could appear to profit from that inside information in prediction markets. The bill tries to protect fairness and public trust. Its full effect on markets and officials' behavior is not clear from the text alone.

Key provisions in H.R. 7004

• The bill applies to elected federal officials, House and Senate workers, political appointees, and executive agency employees.
• It covers prediction market contracts tied to future events. These contracts must be financial tools or derivatives offered on platforms that do business across state lines.
• It bans trades in those contracts when they involve government policy, government action, or political results.
• A covered person could not trade when they have important private information that matters to the trade.
• A covered person also could not trade when their job lets them reasonably get that private information, even if they do not have it yet.

How Modern Action helps you take action on H.R. 7004

You do not have to start with a blank letter. Modern Action turns the bill, your position, and the relevant congressional context into a message you can edit and send. The goal is to make contacting Congress clear, specific, and useful without forcing you to parse bill text or figure out the right office on your own.

Questions people ask about H.R. 7004

What is H.R. 7004?

Federal officials and workers could not trade some prediction market contracts if their jobs give them important private information. The rule would cover contracts tied to government policy, government action, or political results.

How do I support or oppose H.R. 7004?

Choose support, oppose, or ask for changes on Modern Action. The action flow drafts the message for you and keeps the wording tied to this bill.

Who should I contact about H.R. 7004?

Modern Action uses your location to route the action to the congressional offices relevant to the bill and your representation.

Can Modern Action explain H.R. 7004 before I act?

Yes. Modern Action gives you a plain-English summary, current status, and action context before you send anything.