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

This resolution changes the Senate's ethics rules to bar Senators, Senate officers, and Senate employees from entering into or offering to enter into contracts or transactions whose payment depends on whether a specific event happens, which is how prediction markets work. The rule covers excluded commodities as defined in the Commodity Exchange Act. It does not apply to insurance where the insured person has a lawful insurable interest. The resolution also states the Senate's view that the House, the executive branch, and the judicial branch should adopt similar restrictions.

Full text and official record on Congress.gov

Sponsors

• Bernie Moreno Republican sponsor
• 0 cosponsors