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Trump Declares CFTC Should Regulate Prediction Markets as Legal Battles Intensify
President Donald Trump has thrown his support behind the Commodity Futures Trading Commission’s role as the primary regulator of prediction markets across America, emphasizing it is “critically important” for the agency to maintain singular regulatory power. The president issued his statement through his Truth Social account on Tuesday, directly addressing state-level officials who have pursued enforcement actions against prediction market operators. In his statement, Trump specifically identified New York Attorney General Letitia James, Illinois Governor J.B. Pritzker, Minnesota Governor Tim Walz, and former ... (full story)
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