The U.S. Congress is currently in recess and will not return until after the midterm elections, leaving no room for consideration of the No Betting on Your Own Race Act before the 2026 midterms. The bill is designed to stop members of Congress from placing bets on their own election races. Its stated aim is to prevent lawmakers from using insider information to profit in prediction markets. The item was reported by Techub News, citing Cointelegraph.
Techub News says the U.S. Congress is now in recess and will not return until after the midterm elections.
So the No Betting on Your Own Race Act — a bill that would stop members of Congress from betting on their own election races — will not come up for review before the 2026 midterm elections.
The bill is meant to stop lawmakers from using insider information to make money on prediction markets. Techub News cited Cointelegraph in its report.
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