Proposing an amendment to the Constitution of the United States to repeal the seventeenth article of amendment.
Summary
H.J. Res. 198 proposes a constitutional amendment to repeal the 17th Amendment, which would return U.S. Senate elections to state legislatures. The bill was introduced in the House and referred to the Judiciary Committee on June 25, 2026. At this early procedural stage with no funding or direct corporate impact, the market signal is negligible.
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Key Takeaways
- 1.H.J.Res.198 is a constitutional amendment with no funding or corporate exposure.
- 2.At early committee stage, passage probability is negligible for 2026.
- 3.No sector or company is affected; no market action required.
Market Implications
No tickers or sectors are affected by this procedural constitutional amendment resolution. The bill has no funding, no regulatory mechanism, and no corporate beneficiaries. Retail investors should not allocate any attention to this legislation.
Full Analysis
On June 25, 2026, Rep. Keith Self (R-TX) introduced H.J. Res. 198, a joint resolution proposing a constitutional amendment to repeal the 17th Amendment. The bill was referred to the House Committee on the Judiciary and currently has 8 cosponsors. As a constitutional amendment, it would require two-thirds of both chambers and ratification by three-fourths of states—an extremely high bar. The bill carries no authorized funding, no procurement mandates, and no regulatory changes affecting any publicly traded company. At this stage, the resolution is purely procedural with no foreseeable market impact. No tickers, sectors, or causal chains emerge from the text.
Key Legislators
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
Proposing an amendment to the Constitution of the United States to require that the Supreme Court of the United States be composed of nine justices.
Proposing an amendment to the Constitution of the United States to prohibit any person who has citizenship or nationality of, or otherwise owes allegiance to, a country other than the United States from serving as a Representative or Senator in Congress, a Judge of the Supreme Court or any inferior court, an Ambassador, public Minister or Consul, or any other officer of the United States which requires the advice and consent of the Senate, or the President or Vice President unless the person formally and permanently relinquishes such citizenship, nationality, or allegiance.
Proposing an amendment to the Constitution of the United States to provide that Congress and the States shall have certain authority to regulate and limit contributions and spending in campaigns for elections for public office, elections for public office, and ballot initiatives and referendums.
Proposing an amendment to the Constitution of the United States to clarify the 14th amendment does not provide for automatic citizenship for the children of aliens.
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
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National Security Presidential Memorandum/NSPM-12
This memorandum rescinds previous national security directives and re-establishes the Committee on National Security Systems (CNSS) to enforce baseline cybersecurity standards across all National Security Systems (NSS) operated by the Department of War, Intelligence Community, and Federal Civilian Executive Branch agencies. It creates binding directives and complementary standards that must meet or exceed NIST guidelines, empowers the NSA Director as the National Manager to issue emergency directives and cryptography requirements, and holds agency heads accountable through government-wide oversight.
Implementing Schedule Policy/Career in the Excepted Service
This executive order expands the Schedule Policy/Career excepted service category, transferring certain federal positions from competitive service to at-will employment to facilitate removal for poor performance or misconduct. It directs agency heads to petition for reclassification of policy-influencing roles, mandates performance bonus pools for these employees, and amends civil service rules to exempt them from standard adverse action procedures.
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