Stop Lawmakers From Predicting Act

The Stop Lawmakers From Predicting Act prohibits Members of Congress, their spouses, and their dependent children from trading on prediction markets regarding government policies, actions, political outcomes, or any events related to their congressional duties. This restriction applies to any purchase, sale, or agreement dependent on these specific outcomes while the individual is in federal service. If a covered individual violates these rules, they must pay a fee equal to the greater of $2,000 or 10% of the transaction value, plus any net profit made from the trade. The law also forbids paying these penalties using personal allowances, campaign funds, or other official accounts, and it requires the supervising ethics office to issue guidance on how to interpret the new restrictions.