S. Res. 708 (119th)Congressional Activities

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

domestic policy
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Republican
Introduced
Apr 30, 2026
Discussions
Current stageIntroduced

Resolution agreed to in Senate with amendments by Unanimous Consent.

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Bill detailsDiscussionCongressional Activities
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Congressional Activities

Source-heavy congressional process material lives here so the main bill summary can stay focused. Use this tab for committee scheduling, hearings, CRS analysis, committee publications, and amendment text.

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CRS Reports

Nonpartisan Congressional Research Service analysis linked directly to this bill.

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Congressional Research Service

CRS analysis

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In recent years, some Members of Congress have proposed reforms that would prohibit the purchase, sale, ownership, or holding of certain financial instruments by Members of Congress and other specified congressional officers and employees. In the 119th Congress (2025-2026), the Senate agreed to a resolution to prohibi…

AuthorsJacob R. Straus
Congressional Ethics & Lobbying
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In April 2026, the Senate agreed to S.Res. 708, as amended, to amend Senate rules to prohibit Senators, Senate officers, and Senate employees from participating in prediction markets—exchange platforms that specialize in offering event contracts with a binary payoff structure tied to the occurrence or nonoccurrence of…

AuthorsJacob R. Straus, Jason O. Heflin
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Amendments

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SAMDT 5442Apr 30, 2026Alex Padilla (D-CA)

To improve the bill.

Latest action: Notwithstanding passage of S.Res. 708 and the adoption of amendment SA 5442 to S.Res. 708, the amendment SA 5442 is modified with the technical correction at the desk and is agreed to, as modified, by Unanimous Consent.

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