House and Senate Democrats Press CFTC Chair Over Insider Trading, War Bets on Prediction Markets

Editorial shot of a congressional hearing: CFTC chair at the podium, lawmakers beside, documents on the desk.

Democratic lawmakers have intensified pressure on the Commodity Futures Trading Commission after sending letters to Chair Michael S. Selig demanding answers on insider trading, war-related contracts and offshore prediction-market activity. The intervention raises the political cost of the CFTC’s current posture just as federal courts and federal agencies have been strengthening the case for national […]