Wednesday, May 20, 2026

Michael Selig

Jun 12, 2025; Washington, DC, USA; Gov. Tim Walz (D-MN), left, alongside Gov. JB Pritzker (D-IL), right, and Gov. Kathy Hochul (D-NY), not shown, testify before the House Committee on Oversight and Government Reform during a hearing on state immigration enforcement policy in Washington, D.C., on June 12, 2025.

Trump Admin Sues Minnesota to Block Prediction-Market Ban

Minnesota is the sixth state the federal regulator has sued.
May 19, 2026
Kalshi's logo is displayed on a smartphone placed on a reflective surface onto which a betting curve is projected in Creteil, France, on March 9, 2026, during a major scandal and a $54 million lawsuit concerning bets related to recent strikes in Iran. (Photo by Samuel Boivin/NurPhoto)NO USE FRANCE

N.M. Tribes Claim Kalshi Sports Markets Violate Federal Law

The suit cites the same law a Wisconsin judge said tribes can pursue claims over.
May 13, 2026
Kalshi's logo is displayed on a smartphone placed on a reflective surface onto which a betting curve is projected in Creteil, France, on March 9, 2026, during a major scandal and a $54 million lawsuit concerning bets related to recent strikes in Iran. (Photo by Samuel Boivin/NurPhoto)NO USE FRANCE

CFTC: ‘Biggest Issue Is Manipulation’ in Sports Event Contracts

Michael Selig says his agency is in talks with “all the major sports leagues.”
April 29, 2026
Michael Selig, U.S. President Trump's nominee to serve as Commodity Futures Trading Commission (CFTC) chairman, testifies in a Senate Agriculture Committee hearing on his nomination on Capitol Hill in Washington, D.C., U.S., November 19, 2025.

Trump Calls It a ‘Casino.’ CFTC Chief Defends Role As Regulator

“We can’t have them be the Wild West. That’s why we’re taking action.”
April 27, 2026