Trump nominates two CFTC commissioners as prediction market fights grow

President Donald Trump has nominated two people to the Commodity Futures Trading Commission, which has had four of its five seats empty for more than a year. Chairman Michael Selig has been handling the agency's prediction market actions alone, from new rules to lawsuits against states. A fuller CFTC bench could shift how prediction markets and crypto derivatives are regulated, so traders should watch the nominees' confirmation and any change in enforcement posture.