Politics

Trump Defends CFTC Authority

Updated 2026-05-27 00:20 UTC 1 source Neutral

President Trump emphasized the importance of the Commodity Futures Trading Commission's exclusive authority over prediction markets amid legal challenges from states.

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The Hill
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 criticall
2026-05-26 23:54 UTC
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