At a House Agriculture Committee hearing, CFTC Chair Michael Selig said he would continue rulemaking despite being the agency’s only commissioner. Lawmakers raised concerns about the lack of bipartisan leadership and the CFTC’s authority over prediction markets, while the article notes that Kalshi has won court rulings blocking state action.
ALSO MENTIONED Michael Selig, CFTC chair discussing agency rulemaking and leadership; Don Davis, representative who questioned Selig about CFTC leadership
