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BillSRES 708 · 119

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

Introduced
Apr 30, 2026
Cosponsors
0
Traction
0
Last Action
Apr 30, 2026

Bill Summary

Prohibits Senators from trading on prediction markets. Requires Senators to avoid using these markets for financial gain.

Sponsored By

Bernie Moreno
Republican · Ohio · Senate

Bill Journey

  1. Apr 30, 2026
  5. Apr 30, 2026You Are Here

    If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.

  6. TBD

    If passed by both chambers, the bill goes to the President to sign into law or veto.

Why It Matters

This affects all Senators, preventing them from participating in prediction markets for personal financial benefit. It impacts Senators by restricting their investment activities and potential sources of income.

Impact Areas

Sample
Addresses Supply
Targets an underlying shortage driving costs.
Supports Families
Aimed at easing pressure on working households.
Long-term Impact
Effects compound across multiple budget cycles.
Expands Access
Lowers barriers for first-time participants.

Support & Opposition

Sponsor & cosponsor support by party
1backer
  • Republican1
Cross-party cosponsors0 · 0%

Documents

1

Full text opens on congress.gov, the official source.

Bill Details

Bill TypeSenate Bill · Federal
Primary TopicMoney & Economy
CommitteeSenate Committee (sample)Sample
IntroducedApr 30, 2026
Last UpdatedApr 30, 2026
Latest ActionResolution agreed to in Senate with amendments by Unanimous Consent.
Subjects
  • Economy
  • Military

Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.