Trump Defends Prediction Markets, Blasts Critics

President Trump has broken his silence on the prediction market sector, arguing outright that anyone trying to litigate against companies from the sector was, not putting too fine a point on it, 'SCUM'.

President Trump has vowed his support for the CFTC in its fight against attempts to regulate the prediction market sector on a state level. He insisted that the CFTC’s exclusive authority over prediction markets should be maintained. He took to his characteristic loaded social media blasts, heavily criticizing several prominent figures who have taken an aggressive stance on the market.

President Trump praised the CFTC’s regulatory efforts and begrudged people in power who have launched action against the sector. He enumerated the people whom he deemed responsible for trying to oppose the market and cause it disruptions, among which were Letitia James, New York’s AG, Chris Christie, a former ally, Tim Walz, the Governor of Minnesota, who recently signed a law banning and criminalizing prediction markets, Illinois Governor JB Pritzker, and others. He proclaimed that the United States is also the Crypto (Bitcoin, etc) Capital of the World.