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Issued
April 30, 2026
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Download official Senate Record PDFReturn to issue contextSENATE RESOLUTION 708—AMENDING RULE XXXVII OF THE STANDING RULES OF
THE SENATE TO PROHIBIT SENATORS FROM TRADING ON PREDICTION MARKETS
Mr. MORENO submitted the following resolution; which was considered and agreed to:
S. Res. 708
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 jusdicial branch
should establish restrictions similar to those under section
1 relating to participation in prediction markets.