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Senate Simple Resolution 708
119th Congress(2025-2026)
A resolution amending rule XXXVII of the Standing Rules of the Senate to prohibit Senators from trading on prediction markets.
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Passed Senate on Apr 30, 2026
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Agreed to Senate 
Apr 30, 2026
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Agreed to Senate(Apr 30, 2026)
Apr 30, 2026
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S. RES. 708 (Agreed-to-Senate)


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.