S.Res. 708
IntroducedA resolution amending rule XXXVII of the Standing Rules of the Senate to prohibit Senators from trading on prediction markets.
Full text of the bill
Official source on Congress.gov ↗[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. Res. 708 Agreed to Senate (ATS)] <DOC> 119th CONGRESS 2d Session S. RES. 708 Amending rule XXXVII of the Standing Rules of the Senate to prohibit Senators from trading on prediction markets. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES April 30, 2026 Mr. Moreno submitted the following resolution; which was considered amended and agreed to _______________________________________________________________________ RESOLUTION Amending rule XXXVII of the Standing Rules of the Senate to prohibit Senators from trading on prediction markets. Resolved, SECTION 1. PROHIBITION ON PREDICTION MARKET TRADING BY SENATORS. Rule XXXVII of the Standing Rules of the Senate is amended-- (1) by redesignating paragraph 15 as paragraph 16; and (2) by inserting after paragraph 14 the following: ``15. No Member, officer, or employee of the Senate may enter into, or offer to enter into, an agreement, contract, swap, or transaction that provides for any purchase, sale, payment, or delivery of an excluded commodity, as defined in section 1a of the Commodity Exchange Act (7 U.S.C. 1a), that is dependent on the occurrence, nonoccurrence, or the extent of the occurrence of a specific event or contingency. Nothing in this paragraph shall be construed to apply to insurance for which the insured holds a lawful insurable interest.''. SEC. 2. SENSE OF THE SENATE. It is the sense of the Senate that the House of Representatives, executive branch, and judicial branch should establish restrictions similar to those under section 1 relating to participation in prediction markets. <all>
Plain-language analysis
Not yet analyzed.
A plain-language breakdown — including any hidden or off-intent provisions and whether the bill was fast-tracked — is generated separately and reviewed before publishing. It will appear here once ready. Until then, the verbatim text above and the official source are the record.