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Escalation: Trump Administration Supports Kalshi and Polymarket Amid State Bans, Says sun-sentinel.com

created: Mar 8, 2026, 06:35 AM
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The Trump administration has expressed support for Kalshi and Polymarket as several states consider banning prediction markets. A favorable decision from the CFTC could financially benefit the president's family.

The Trump administration's backing comes as states move to impose restrictions on prediction markets. Any positive ruling from the Commodity Futures Trading Commission (CFTC) regarding this industry may have financial implications for the president's family.