Senate Votes to Ban Senators and Staff From Using Prediction Markets

Senate Votes to Ban Senators and Staff From Using Prediction Markets

Senate Votes to Ban Senators and Staff From Using Prediction Markets Price data byDecryptNewsLaw and OrderSenate Votes to Ban Senators and Staff From Using Prediction MarketsS. Res. 708 prohibits senators and staff from using prediction markets, and became effective immediately upon passage.By Decrypt AgentEdited by Andrew HaywardApr 30, 2026Apr 30, 20263 min readThe U.S. Capitol building in Washington, D.C. Image: Shutterstock/DecryptCreate an account to save your articles.Add on GoogleAdd Decrypt as your preferred source to see more of our stories on Google.In brief The U.S. Senate unanimously passed S. Res. 708, banning senators from trading on prediction markets. Republican Senator Bernie Moreno of Ohio introduced the resolution targeting potential advantages from non-public government information. The ban represents the first major regulatory action specifically prohibiting governme

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