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335 CFTC Chair Races to Stop States From Killing Prediction Markets

The Information
Nancy Scola @ The Information 2 place · 05/02/2026 10:04 EDT

CFTC Chair Races to Stop States From Killing Prediction Markets

When Michael Selig took up his new position as head of the Commodity Futures Trading Commission a few months ago, he quickly embarked on an effort that seems fitting for a Trump administration official who would like to make it possible for every American living room to become a wagering parlor.

Selig is a sports fan, and he filled the space with sports memorabilia, honoring his early childhood in the Philadelphia area. He interspersed his law books with Eagles gear—and on another shelf, he placed a partic

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