“It is critically important that the CFTC’s exclusive authority over Prediction Markets is maintained, and that they will thrive,” the president posted on Truth Social.

U.S. President Donald Trump said it was "critically important" that the CFTC keep "exclusive authority" over prediction markets, echoing CFTC Chair Michael Selig.

President Donald Trump is publicly backing his CFTC Chair Michael Selig in his push to have authority over prediction markets.