News · Regulation & Policy
Lawmakers request information by Nov. 23, 2026, following a CFTC settlement with a former Trump aide over prediction market wagers.
Key point 1 of 3
01
Senators Warren and Merkley demanded White House answers by Nov. 23, 2026, regarding internal ethics controls and prediction market trading .
Key point 2 of 3
02
A former Trump aide settled CFTC allegations involving advance speech knowledge on Kalshi, paying $173,539 and taking a three-year ban .
Key point 3 of 3
03
The inquiry highlights concerns regarding Donald Trump Jr.'s advisory positions and financial interests in prediction-market platforms .
Context
The CFTC reached a settlement with a former Trump administration official who allegedly traded on Kalshi using embargoed speech text .
Why it matters
Event contract exchanges and White House staff face stricter scrutiny concerning the handling and trading of material nonpublic government information .
What to watch
The White House Counsel must respond to the senators' specific ethics questions by the Nov. 23, 2026 deadline .
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