CFTC nominee Selig pledges equal process for Trump prediction market application
CFTC chair nominee Michael Selig told a Senate committee he would apply the law to any application for Trump Media’s proposed Truth Predict platform. Asked about a possible presidential request for special treatment, Selig said an application would go through the same process as others; the committee advanced his nomination by a 12-11 vote.
Any Truth Predict application would face the CFTC’s standard process if Selig is confirmed.