{beacon} Technology The Big Story  Trump wades into GOP fight over prediction markets President Trump is throwing his weight behind an effort to block state restrictions on prediction markets, as federal and state regulators vie for authority over the platforms in a legal dispute that has divided the GOP. © Jacquelyn Martin, Associated Press The...

President Trump is throwing his weight behind an effort to block state restrictions on prediction markets, as federal and state regulators vie for authority over the platforms in a legal dispute that has divided the GOP. The Commodity Futures Trading Commission (CFTC) has brought cases against more than half a dozen states over their efforts...

President Trump on Tuesday said it was “critically important” for the Commodity Futures Trading Commission (CFTC) to maintain exclusive authority over prediction markets, following several lawsuits against states for attempting to either ban or enact regulations for betting markets. “It is critically important that the CFTC’s exclusive authority over Prediction Markets is maintained, and that...