# 119-sres-708: A resolution amending rule XXXVII of the Standing Rules of the Senate to prohibit Senators from trading on prediction markets.

119-sres-708, A resolution amending rule XXXVII of the Standing Rules of the Senate to prohibit Senators from trading on prediction markets., is a 119th Congress bill sponsored by Sen. Moreno, Bernie [R-OH] (R-OH); status passed_senate (as of 2026-10-01).

- Canonical: https://policyrisk.com/legislation/119-sres-708
- As of: 2026-10-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-sres-708
- Congress: 119
- Title: A resolution amending rule XXXVII of the Standing Rules of the Senate to prohibit Senators from trading on prediction markets.
- Status: passed_senate
- Introduced: 2026-04-30
- Sponsor: Sen. Moreno, Bernie [R-OH] (R-OH)
- Cosponsors: 0
- Policy area: Congress
- Touches household money: no
- Last recorded action: 2026-10-01

## Summary

**Prohibits Senate members, officers, and employees from entering into prediction-market style contracts tied to commodity events.** It creates an exception for insurance when the insured holds a lawful insurable interest and inserts the new ban into Rule XXXVII of the Senate rules.

## Provisions PRIA read

- Senators and staff banned from prediction markets: cost, low. Members, officers, and employees of the Senate cannot enter into or offer to enter prediction-market-style deals. These include contracts, swaps, or other deals that pay based on whether a specific event happens or how much it happens. The rule covers “excluded commodities” defined in federal commo…

## Related bills

- 119-s-1541: SHIPS for America Act of 2025
- 119-s-3597: National Quantum Initiative Reauthorization Act of 2026
- 119-s-4952: Protecting American Taxpayers Act
- 119-s-5616: ADAPT Act
- 119-s-4378: Protecting American Taxpayers Act
- 119-s-3903: Railway Safety Act of 2026

## Sources
- [119-sres-708 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-resolution/708)

## Related
- [119-s-1541: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-s-1541)
- [119-s-3597: National Quantum Initiative Reauthorization Act of 2026](https://policyrisk.com/legislation/119-s-3597)
- [119-s-4952: Protecting American Taxpayers Act](https://policyrisk.com/legislation/119-s-4952)
- [119-s-5616: ADAPT Act](https://policyrisk.com/legislation/119-s-5616)
- [119-s-4378: Protecting American Taxpayers Act](https://policyrisk.com/legislation/119-s-4378)
- [119-s-3903: Railway Safety Act of 2026](https://policyrisk.com/legislation/119-s-3903)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-sres-708 (as of 2026-10-01).