Trump Admin’s and Kalshi’s position on gambling regulation is ‘frankly absurd’: fmr. SEC Chair
CNBC (Closing Bell: Overtime) —
Former SEC and CFTC chair Gary Gensler tells CNBC’s Melissa Lee that Dodd–Frank did not authorize the CFTC to displace state sports-gambling regulation, calling the administration’s and Kalshi’s position “frankly absurd.” He says the law addressed risks exposed by the 2008 financial crisis and that