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Bills/119th Congress · Senate

S.Res. 708

Introduced

A resolution amending rule XXXVII of the Standing Rules of the Senate to prohibit Senators from trading on prediction markets.

Sponsor
RBernie Moreno· Ohio
Introduced
April 30, 2026
Policy area
Congress
Latest action
Resolution agreed to in Senate with amendments by Unanimous Consent.April 30, 2026
[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.
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