POLITICSDECRYPT
Trump Backs CFTC Over Prediction Markets, Calls State Officials ‘Scum’
President Trump supports the Commodity Futures Trading Commission (CFTC) in regulating prediction markets, opposing state-level gambling laws. He criticized state officials as 'scum' for attempting to enforce their own regulations.
Mentioned
Related Signal
Adjacent reporting
- CFTC Backs Prediction Markets in Yet Another Lawsuit Against a State
- CFTC sues New York over bid to apply gambling laws to prediction markets
- New York claims Coinbase, Gemini prediction markets violate gambling laws
- New York, Illinois sign EOs banning state employees from prediction markets
- New York, Illinois sign EO banning state employees from prediction markets
- A16z backs CFTC, says state-by-state rules on prediction markets create ‘barrier to impartial access’