Titus asks CFTC to investigate nominee Quintenz over Kalshi links
US Representative Dina Titus has asked the Commodity Futures Trading Commission (CFTC) to investigate Brian Quintenz, President Donald Trump’s nominee to lead the agency, over his connections with prediction-market company Kalshi. She requested disclosure of communications between Quintenz and the CFTC concerning prediction markets, and raised concerns about his proposed recusals and divestment if confirmed. Quintenz has said he would resign from Kalshi, dispose of his shares and avoid Kalshi matters for a year.
The inquiry concerns potential conflicts that could affect CFTC oversight of prediction markets and states’ gaming regulation.