| Outcome | Probability | Yes Bid | Yes Ask | 24h Change | Volume | |
|---|---|---|---|---|---|---|
| Before Jan 4, 2027 | 0% | 0¢ | 0¢ | — | $0 | Trade → |
This market asks whether the legislative proposal titled the 'Drain the Swamp Act' will ultimately be enacted as law. Its outcome matters because passage would change legal and regulatory rules tied to government ethics, lobbying, or related governance reforms.
The 'Drain the Swamp Act' label has been used for different bills and proposals that seek to tighten ethics rules, restrict lobbying, or change financial disclosures for public officials. Passage requires the bill to move through the legislature that introduced it, survive amendments and potential legal challenges, and receive executive approval; political dynamics and interest‑group responses have historically shaped similar measures.
Market prices reflect traders’ aggregated expectations about whether this specific bill will complete the full legislative and executive steps needed to become law; they update as new procedural news, votes, or public signals arrive and are not guarantees of outcomes.
Typically the bill must be passed by the legislative chamber(s) required by that jurisdiction, any differences reconciled if there are bicameral chambers, and then be signed (or not vetoed) by the executive; the contract's resolution rules define exactly which of these steps are required.
Watch the bill’s named sponsor(s), the chairs and membership of the committees to which it was referred (often ethics, judiciary, or government oversight committees), and the chamber leadership and party whips who control floor scheduling and vote counts.
Key milestones include the bill’s formal introduction, publication of a committee hearing or markup date, committee votes to report the bill, a scheduled floor vote, any conference committee activity, and the executive’s public statements or signature/ veto action; market settlement timing will follow the contract rules once those steps are completed.
Resolution depends on the market’s specific contract language: some contracts require passage of the bill as introduced or with the same title, while others resolve on passage of any law with substantially similar provisions—check the event’s rules or resolution criteria to see how amendments are treated.
Rapid moves usually follow announced committee schedules or votes, public whip counts or leadership statements about scheduling, endorsement or opposition from major interest groups, release of official cost or legal analyses, and sudden executive declarations about support or veto intentions.