CFTC Chairman Michael Selig vows to continue financial rulemaking despite vacancies
Representative Jim McGovern accused the administration of using public power for private profit regarding prediction markets.

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Representative Jim McGovern accused the administration of using public power for private profit regarding prediction markets.

CFTC Chairman Michael Selig told the House Agriculture Committee he will continue rulemaking despite being the sole commissioner. Democrats raised concerns about the lack of a bipartisan quorum and potential conflicts of interest regarding prediction markets.
President mentioned as appointing authority
Ranking Member of House Agriculture Committee
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