SRES 708 United States Senate · 119th Congress

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

This resolution amends Senate rules to ban Senators from trading on prediction markets, which are financial agreements tied to specific future events like election outcomes or policy decisions. The change directly affects all Senators by prohibiting them from entering into contracts that involve buying or selling based on whether a particular contingency occurs, with the only exception being standard insurance policies. While the primary effect is an internal rule change for the Senate, the bill also expresses the Senate's preference that other government branches adopt similar restrictions.
Bill status passed 3 of 5 stages cleared
Introduction
Apr 2026
Committee Review
Senate Passage
Apr 2026
House Passage
President
Introduced Apr 30, 2026 Last action Apr 30, 2026
Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history

Actions timeline

Total actions
4
Key actions
1
Committee
0
Amendments
1
Apr 30, 2026
Introduced
Resolution agreed to in Senate with amendments by Unanimous Consent.
upper
Apr 30, 2026
Upper · Passed
Passed/agreed to in Senate: Resolution agreed to in Senate with amendments by Unanimous Consent.
upper
Apr 30, 2026
Introduced
Submitted in Senate
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Bernie Moreno
Bernie Moreno
RRepublican
OH
n/a