Back to LegislationCosponsors · D 12 · R 4 · I 1
S.Res. 708In committeesenateImpact 4/10
Ban on Prediction-Market Trading by Members and Staff
Sponsor
Sen. Jeff Merkley (D-OR)202-224-3753Contact form531 Hart Senate Office Building- Last action
- Submitted and referred.
- Action date
- 06/10/2026
What it does
Sense-of-Senate / ethics resolution restricting members and staff from trading on political prediction markets.
Why it matters
Tests whether Congress will close an obvious conflict-of-interest loophole as prediction markets scale.
Progressive take
If insider trading in stocks is wrong, insider trading on legislation odds is worse. Codify it.
Topics
AccountabilityEthics