- Record: Senate Floor
- Section type: Amendments
- Chamber: Senate
- Date: June 18, 2026
- Congress: 119th Congress
- Why this source matters: This section came from the Senate floor portion of the record.
SA 5881. Mr. McCORMICK submitted an amendment intended to be proposed by him to the bill S. 4784, to authorize appropriations for fiscal year 2027 for military activities of the Department of Defense, for military construction,
military personnel strengths for such fiscal year, and for other purposes; which was ordered to lie on the table; as follows:
At the end of subtitle G of title X, add the following:
SEC. 1. SECRETARY OF DEFENSE CONSULTATION REGARDING
PREDICTION MARKETS.
Not later than 180 days after the date of enactment of this
Act, the Secretary of Defense shall consult with the
Commodity Futures Trading Commission regarding the proposed
rule submitted of the Commission entitled “Prediction
Markets; Public Interest Determinations” (91 Fed. Reg. 35806
(June 12, 2026)), or a subsequent final rulemaking, in
relation to the following factors:
(1) The factors to define war, terrorism, and
assassination.
(2) The factors in determining whether event contracts
involve war, terrorism, or assassination.
(3) The factors that raise public interest concerns.