Trump: ‘Critically important’ CFTC has exclusive authority over prediction markets
“It is critically important that the CFTC’s exclusive authority over Prediction Markets is maintained, and that they will thrive. Under my leadership, we are setting ‘rules of the road’ that are the Gold Standard for the States,” Trump wrote in a post on Truth Social. His comments follow lawsuits filed by the administration against Minnesota, New York, Arizona, Wisconsin, Connecticut and other states for policies that restrict state residents’ use of prediction markets, which allow people to bet on the outcome of future events.
- ▪“It is critically important that the CFTC’s exclusive authority over Prediction Markets is maintained, and that they will thrive.
- ▪Under my leadership, we are setting ‘rules of the road’ that are the Gold Standard for the States,” Trump wrote in a post on Truth Social.
- ▪His comments follow lawsuits filed by the administration against Minnesota, New York, Arizona, Wisconsin, Connecticut and other states for policies that restrict state residents’ use of prediction markets, which allow people to bet on the o
4 outlets in our directory ran this story, first to last over 7 hours. Coverage spans 2 points on the political spectrum — 2 centre, 1 right.
- ▪ Trump says it is "critically important" that the CFTC has exclusive authority to oversee prediction markets, as some US states attempt to regulate them (Ashleigh Fields/The Hill) — Techmeme
- ▪ Trump voices support for CFTC in battle for authority to regulate prediction markets — Washington Examiner
- ▪ Trump praises prediction markets, defends CFTC as court cases compound — CoinDesk
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Record
| Original publisher | The Hill |
| Canonical URL | https://thehill.com/homenews/administration/5896316-trump-cftc-prediction-markets/ |
| Publication time | Tue, 26 May 2026 23:54:40 +0000 |
| Retrieval time | 2026-05-27T00:12:55.251Z |
| Last seen | 2026-05-27T00:12:56.542Z |
| Headline source | Publisher (no WeSearch rewrite) |
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| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | qE8mbiotTWus · 4 stories |
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| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
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| Commercial reuse | May the content be reused commercially? | Not permitted |
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Opening excerpt (first ~120 words) tap to expand
Administration Trump: ‘Critically important’ CFTC has exclusive authority over prediction markets Comments: by Ashleigh Fields - 05/26/26 7:54 PM ET Comments: Link copied by Ashleigh Fields - 05/26/26 7:54 PM ET Comments: Link copied NOW PLAYING 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 they will thrive. Under my leadership, we are setting ‘rules of the road’ that are the Gold Standard for the States,” Trump wrote in a post on Truth Social.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hill.