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…
A resolution amending rule XXXVII of the Standing Rules of the Senate to prohibit Senators from trading on prediction markets.
Resolution agreed to in Senate with amendments by Unanimous Consent.
Congressional Activities
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CRS Reports
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CRS analysis
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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…
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Committee Reports
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Amendments
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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.