US Senators Push to End CFTC ‘Assault’ on State Oversight of Prediction Markets
A group of 17 Democratic US senators is pressing leadership in a key committee to address the Commodity Futures Trading Commission (CFTC) using federal funds in lawsuits against state-level authorities cracking down on prediction markets. In a Wednesday letter to the chair and ranking member of the Senate Appropriations Subcommittee on Financial Services and General…