President Trump's administration is making deep staffing cuts at the CFTC, which is simultaneously gaining authority over crypto and prediction markets, leading Elizabeth Warren to question its operational capacity.
2 reports, 2 independent
Updated Aug 17
Gone quiet
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- 3
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New informationRepeats or wire copies
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What happened
President Trump's administration is making deep staffing cuts at the CFTC, which is simultaneously gaining authority over crypto and prediction markets, leading Elizabeth Warren to question its operational capacity.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Amid international talks, the CFTC is moving forward with its authority over crypto, including Ethereum, while de-escalation eases rate hike concerns.Sub-event
- CFTC reviews guardrails for derivatives exchanges while Senator Merkley urges the agency to rein in prediction market trading.Sub-event
Trump administration cuts at CFTC amid new crypto authority and Warren's concerns.1 source
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The entities involved
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
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Elizabeth Warren
American politician (born 1949)