Polymarket launches a new market: "Will the US Congress pass the Iran war powers resolution by June 30?"
Polymarket has launched a new prediction event: "Will the US House of Representatives and Senate pass the same resolution aimed at restricting US military actions in Iraq during recent conflicts before June 30, 2026?"
Since the escalation of US military actions in Iraq at the end of February this year, both parties in Congress have experienced multiple failures in negotiations over the authority established by the War Powers Resolution of 1973. Although the Senate took rare procedural votes related to this issue in mid-May and the House once formed a bipartisan majority, House Republican leadership, citing "missing members and insufficient votes," urgently withdrew and postponed a full vote on the resolution just before recess on May 21. As lawmakers return to Washington in early June after the Memorial Day holiday, the time window for the two chambers to unify the amendment text and finalize passage is extremely tight. Coupled with the White House's strong stance that may veto the measure, the market tends to believe that the House and Senate will not reach a substantive binding settlement by the June 30 deadline.
Keep following the prediction market; observe changes before pricing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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