The White House has launched a review of the proposed rules for prediction markets drafted by the US CFTC.

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According to Foresight News , the White House Office of Information and Regulatory Affairs (OIRA) stated that it has received a proposed rule for prediction markets from the Commodity Futures Trading Commission (CFTC) and is currently reviewing it. A CFTC spokesperson said that more information will be released after the OIRA review is completed.

According to a previous Foresight News report, Trump posted on Truth Social that it is crucial for the US CFTC to retain "exclusive jurisdiction" over prediction markets, echoing the position of CFTC Chairman Michael Selig.

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