Pelosi and 30 Other Democrats Jointly Push for "Insider Trading Prediction Market" Bill

**Breaking: 30 House Dems (Including Pelosi) Push Bill Banning Elected Officials From Political Prediction Market Betting** January 10, per *The Block* — Thirty Democratic lawmakers, including former House Speaker Nancy Pelosi, are co-sponsoring legislation to bar elected officials from placing politically related bets on prediction markets. The push follows recent wagering tied to former Venezuelan President Nicolás Maduro’s arrest. The measure, dubbed the *2026 Financial Prediction Market Public Integrity Act*, was formally introduced Friday by New York Democratic Rep. Ritchie Torres. *Axios* reports a prior Polymarket bet — where a user wagered Maduro would “step down” by month’s end and netted $400,000 — sparked insider trading concerns, speeding the bill’s rollout. In a Friday statement, Torres said: “Imagine a Trump administration official betting on events like Maduro stepping down. As a government insider and prediction market participant, that person would face the malign temptation to exploit policy for personal gain.” He stressed: “It’s imperative to fully prohibit government insiders from profiting off prediction markets.”