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Senate sets Nov. 19 hearing for SEC nominees; CFTC chief criticises states

The Senate Banking Committee will hear Trump's SEC commissioner picks on Nov. 19, while CFTC Chair Selig attacked state moves against prediction markets.

United States Capitol building with a fountain
United States Capitol building with a fountain. Photo: Pix Tresa, via Unsplash

Not yet known

  • When the full Senate will vote on the SEC nominees Kristin Johnson and Steven Levine
What's next19 NovSenate Banking hearing on SEC nominees

What we know

The Block reports the Senate Banking Committee scheduled a Nov. 19 hearing for Kristin Johnson and Steven Levine, with a full Senate vote to follow. CFTC Chair Michael Selig said states are "essentially trying to lock up founders and CEOs" of prediction market platforms and that the gambling question should be hashed out on the merits.

Who's who

Photos and descriptions: Wikipedia

Sources

@TheBlockCo

“Senate Banking Committee has scheduled a Nov. 19 nomination hearing”

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@TheBlockCo

“essentially trying to lock up founders and CEOs”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.