Capitol Account

Capitol Account

The Outlook for Betting On U.S. Elections Is Looking Grimmer at CFTC

Also, revisiting that time Kashkari grilled steaks with a Bloomberg TV reporter

Aug 31, 2022
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More than a few Capitol Account readers, we’d venture a guess, enjoy wagering a little money on political races. But the CFTC’s decision last month to kill off the PredictIt market is poised to put a big crimp in those activities. Now, another upstart firm is pushing the commodities regulator to sign off on contracts that are based on elections – and th…

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