DalsnaFinance

Trump: ‘Critically important’ CFTC has exclusive authority over prediction markets

Politics The Hill By Ashleigh Fields 26 May 2026 23:54 1 min read
Trump: ‘Critically important’ CFTC has exclusive authority over prediction markets

President Trump on Tuesday said it was “critically important” for the Commodity Futures Trading Commission (CFTC) to maintain exclusive authority over prediction markets, following several lawsuits against states for attempting to either ban or enact regulations for betting markets. “It is critically important that the CFTC’s exclusive authority over Prediction Markets is maintained, and that...

President Trump on Tuesday said it was “critically important” for the Commodity Futures Trading Commission (CFTC) to maintain exclusive authority over prediction markets, following several lawsuits against states for attempting to either ban or enact regulations for betting markets. “It is critically important that the CFTC’s exclusive authority over Prediction Markets is maintained, and that...

Read the full story on The Hill → Opens the original article on thehill.com

Summary aggregated from The Hill's public RSS feed. The full reporting belongs to The Hill — please read it on their site.