WASHINGTON, Feb. 13 -- Sen. Adam Schiff issued the following press release:
Today U.S. Senators Adam Schiff (D-Calif.) and Catherine Cortez Masto (D-Nev.) led over 20 Democratic Senators to urge (https://www.schiff.senate.gov/wp-content/uploads/2026/02/Sen.-Schiff-Letter-to-CFTC-Selig-on-Prediction-Markets-Rulemaking-and-Litigation.pdf)Commodity Futures Trading Commission (CFTC) Chairman Michael Selig to abstain from intervening in pending litigation involving prediction markets and to maintain the Commission's prohibition on CFTC-registered platforms listing prediction contracts involving gaming, including sports, terrorism, assassination.
On November 19, 2025, Chairman Selig testified (https://www.agriculture.senate.gov/hearings/nominat...