A group of federal representatives asking for an inquiry into prediction markets Tuesday, while the Commodity Futures Trading Commission (CFTC) once again threw its weight behind the operators in state court.
Rep. Chris Pappas (D-NH) wrote a letter urging House Oversight Chair James Comer to launch an investigation into alleged corruption and insider trading within prediction markets. This move comes as the CFTC reaffirmed its support for market operators in legal battles at the state level.
Prosecutors seek an 18-month prison term for Yasiel Puig following his conviction on two federal charges.
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The 2026 PGA Championship heads into Saturday’s third round with one of the tightest leaderboards of the year.
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