H.R. 10505, also known as the “Ban Gambling on Elections Act of 2024,” aims to change the Commodity Exchange Act. The bill seeks to prohibit any agreements, contracts, transactions, or financial swaps related to political elections or contests. This includes barring such...
Simple Explanation
H.R. 10505 wants to make sure that people can't bet or make money from elections by turning them into trading games, so it will stop any deals related to elections from happening on special trading platforms in the U.S.