Most recently the President's teleprompter technician placing $100,000 and bets on Kalshi on his speeches. Is there any established oversight and safeguards for accountability for prediction markets like what tribes and states currently have for gaming? We don't see any safeguards in place as you heard today from the testimony that some CFTC is short staffed and lacking in resources. So they simply don't have the regulatory system in place. They rely on these prediction market companies to self certify. Mr. Kennedy, briefly. Yes, as I mentioned in my remarks that exchanges are self regulatory organizations. (00:51–00:59)
CLAIM
Asserts that the CFTC is short staffed and lacks resources.
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