Episode

Trump vs States Over Prediction Markets

Podcast
Business News Today | 2 Min News | The Daily News Now!
Published
May 27, 2026
Duration seconds
100
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Summary

Trump’s pushing hard for federal control over prediction markets and crypto, claiming the U.S. must stay the global leader in both — and that the CFTC should have final say. But states are pushing back, calling these platforms unlicensed gambling, with Minnesota banning them and others following suit. Trump’s team even sued to block Minnesota’s law, while he publicly roasted governors and AGs for targeting crypto firms. The battle’s on: federal vs. state authority over what’s essentially a high-stakes game of markets versus gambling — and Trump’s family ties add another layer to the drama. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/189e168439c9d563