CFTC Cracks Down on Election Contracts

Star Spangled Gamblers

The CFTC has proposed a new rule that would restrict betting on election markets. Pratik Chougule and Mick Bransfield do a deep dive into the CFTC's deliberations.

Timestamps

0:00: Introduction

6:11: Interview with Bransfield begins

8:50: CFTC Chairman Rostin Behnam is spending political capital on the issue

10:14: What is rulemaking?

11:24: Behnam's statement

11:48: Concerns about CFTC staff time on election contracts

14:25: Conflict of interest accusations against Kristin Johnson

17:34: Senator Tommy Tuberville's involvement

20:02: Goldsmith-Romero's views

25:13: Mersinger's dissent

27:38: Pham's dissent

31:10: Discord at the CFTC

32:01: Questions about CFTC enforcement

35:41: CFTC's power and resources

37:58: Behnam's political ambition

41:06: Pratik's critique of Mersinger's dissent

45:12: Pratik's impressions from attending CFTC meeting in person

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