Congress·In Committee·S. 4035

Banning Bets on War and Death

DEATH BETS Act

Legislative Progress

Senate

House

President

Law

This bill, introduced by Schiff, would stop financial trading platforms from letting people bet on violent events. It specifically bans contracts linked to wars, terrorist attacks, assassinations, or the death of any specific person.
It changes the rules for commodity exchanges to ensure they cannot host "event markets" for tragedies. This means investors could no longer use these platforms to profit if a world leader is killed or if a new conflict breaks out.
The main goal is to stop people from making money off of human suffering and death. Supporters believe that allowing people to profit from things like assassinations is unethical and could even encourage dangerous behavior.

2 milestones2 actions

Mar 10, 2026Senate

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Mar 10, 2026

Introduced in Senate

Document Type

Congressional Bill

Official Title

DEATH BETS Act

Bill NumberS 4035

Congress119th Congress

ChamberSenate

Latest ActionRead twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Congress.gov

Official legislative information

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