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To amend the Commodity Exchange Act to prohibit event contracts based on terrorism, assassination, war, gaming, illegal activity, election outcomes, government activities, or other activities determined by the Commodity Futures Trading Commission to be contrary to the public interest, and to allow States to exempt themselves from the prohibition on gaming contracts.

3/6/2026, 9:07 AM

Summary of Bill HR 7840

The bill titled "To amend the Commodity Exchange Act" was introduced in the 119th Congress as H.R. 7840 on March 5, 2026. It aims to prohibit event contracts related to terrorism, assassination, war, gaming, illegal activity, election outcomes, government activities, or other activities deemed contrary to the public interest by the Commodity Futures Trading Commission. Additionally, it seeks to grant States the ability to exempt themselves from the prohibition on gaming contracts.

Current Status of Bill HR 7840

Bill HR 7840 is currently in the status of Bill Introduced since March 5, 2026. Bill HR 7840 was introduced during Congress 119 and was introduced to the House on March 5, 2026.  Bill HR 7840's most recent activity was Referred to the House Committee on Agriculture. as of March 5, 2026

Bipartisan Support of Bill HR 7840

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
1
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 7840

Primary Policy Focus

Alternate Title(s) of Bill HR 7840

To amend the Commodity Exchange Act to prohibit event contracts based on terrorism, assassination, war, gaming, illegal activity, election outcomes, government activities, or other activities determined by the Commodity Futures Trading Commission to be contrary to the public interest, and to allow States to exempt themselves from the prohibition on gaming contracts.
To amend the Commodity Exchange Act to prohibit event contracts based on terrorism, assassination, war, gaming, illegal activity, election outcomes, government activities, or other activities determined by the Commodity Futures Trading Commission to be contrary to the public interest, and to allow States to exempt themselves from the prohibition on gaming contracts.

Comments

Kylen O'Donnell profile image

Kylen O'Donnell

614

22 hours ago

I can't believe this bill is trying to ban all these contracts! This is ridiculous! How is this going to affect me and my investments? What are the short term affects of this bill?

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