billHR9367Event Thursday, June 18, 2026Analyzed

Stop Lawmakers From Predicting Act

Neutral

Summary

HR 9367 is an early-stage bill restricting Members of Congress from trading prediction markets on government policies. No market impact yet.

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Key Takeaways

  • 1.No direct public company impact.
  • 2.Bill is in earliest legislative stage.
  • 3.No funding or spending authorized.

Market Implications

No material market implications. Prediction market operators are not publicly traded; no tickers are affected. The bill is too early-stage to generate investable signals.

Full Analysis

  1. This bill was introduced on June 18, 2026, and referred to the House Committee on House Administration with 4 cosponsors. It is in its earliest stage with no hearings or markup scheduled. 2) The bill imposes a prohibition on covered individuals (Members, spouses, dependents) from entering prediction market contracts dependent on government policy outcomes. It does not authorize any funding or spending. 3) No publicly traded companies are directly impacted; prediction market operators (e.g., Kalshi, Polymarket) are private or foreign. Stock tickers like $WINR (private or delisted) or public exchanges like $NDAQ are not materially affected. 4) The legislative path is long: must pass committee, full House, Senate, and be signed into law. 5) Without market impact, this is a procedural event.

Key Legislators

Rep. Steil, Bryan [R-WI-1]

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