commit 9e36cc4dcbf846f381c9ec065b46ce52e367b6ce Author: virgiehanigan4 Date: Wed Apr 29 07:30:37 2026 +0800 Add Nevada Congresswoman Questions CFTC Chair Nominee Brian Quintenz's 'Conflict Of Interest' diff --git a/Nevada-Congresswoman-Questions-CFTC-Chair-Nominee-Brian-Quintenz%27s-%27Conflict-Of-Interest%27.md b/Nevada-Congresswoman-Questions-CFTC-Chair-Nominee-Brian-Quintenz%27s-%27Conflict-Of-Interest%27.md new file mode 100644 index 0000000..19d9d5f --- /dev/null +++ b/Nevada-Congresswoman-Questions-CFTC-Chair-Nominee-Brian-Quintenz%27s-%27Conflict-Of-Interest%27.md @@ -0,0 +1,20 @@ +
A Nevada Congresswoman asked for the Commodity Futures Trading Commission (CFTC) to penetrate if Chairman nominee Brian Quintenz is jeopardized by his financial interest in the controversial prediction market trading [platform Kalshi](https://gitlab.xingqiyun.com/vonniesiede902/the-bet9ja-promotion-code-this-2026-is-yohaig/-/issues/1).
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- Nevada Rep. Dina Titus desires the CFTC to [launch Chairman](https://www.tre-g-snc.it/hello-world-2/) candidate Brian Quintenz's communications about forecast outcome markets. +- Titus is [concerned](https://www.ebersbach.org/index.php?title=The_Bet9ja_Promo_Code_This_2026_Is_YOHAIG) Quintenz, who's still waiting for Senate approval, will not be unbiased on regulative decisions because he's on Kalshi's board. +- Kalshi has remained in a legal fight with a number of U.S. states.
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Rep. [Dina Titus](https://www.kornerspot.com/@princesslangfo) sent out a letter to CFTC Acting Chairwoman Caroline Pham requesting the commission appearance into whether or not Quintenz has a conflict of interest due to the fact that he serves on the board of Kalshi. Titus, who isn't in favor of Quintenz's nomination, questioned if he broke federal law, company procedures, policies, or his [ethical promise](http://www.we-class.kr/maryannely890) before the Senate confirmation.
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As co-chair of the Congressional Gaming Caucus, I am urging the @CFTC to examine @BrianQuintenz, as the Senate considers his election for Chair of the CFTC.
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Quintenz is currently on the board of Kalshi and holds stock options in the business, which is controlled by the ...
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"Specifically, I ask for that you launch all pertinent communications from or about Mr. Quintenz related to forecast markets and event agreements," Titus composed in the letter. "As you are conscious, Mr. Quintenz is currently on the board of Kalshi and holds stock alternatives in the company. Kalshi is a Designated Contract Market managed by the CFTC that uses event contracts associated with sports and other topics.
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She included, "Since Mr. Quintenz's nomination in February, the CFTC has actually taken a number of actions related to prediction markets that have actually impacted Kalshi and its rivals. This includes settling suits with Kalshi, approving new [forecast market](http://www.sustainable-everyday-project.net/monlyceedutroisiememillenaire/?p=232) platforms, and [closing pertinent](http://tzw.forcesquirrel.de/?page_id=12) examinations."
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Open details
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Titus serves Nevada's First District, which consists of Las Vegas. She's likewise co-chair of the Congressional Gaming Caucus and spoke out versus the Big Beautiful Bill's brand-new gaming tax. Now, she's set her sights on prediction market platforms, which she calls "unlawful gambling."
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In the letter to the CFTC, Titus questioned a current Freedom of Information Act demand that showed Quintenz pursued details on Kalshi's competitors before his election. This followed Quintenz pledged in composing to the CFTC that he would avoid disputes of interest surrounding Kalshi and have absolutely nothing to do with the trading business for one year.
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"While I hope Mr. Quintenz is following the law and his own [ethical](http://tangxj.cn6012/wilhelminagohe) pledge, unfortunately this firm has actually already shown not to be transparent, cancelling a formerly announced public roundtable, disregarding my petition request, and [overlooking CFTC](https://gitlab.innive.com/katrinaclore0/the-betnaija-promo-code-for-2026-is-yohaig/-/issues/1) regulations and the law by permitting the trading of occasion agreements on sporting occasions that are unlawful gambling," Titus wrote.
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Decision-making concerns
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The Silver State Congresswoman is concerned Quintenz will not be neutral toward Kalshi and forecast result markets relating to future regulative decisions, so Titus is asking for the CFTC release all of Quintenz's interactions on the topic. This includes his personal e-mails and discussions with Kevin Webb, who Titus said is expected to be called Quintez's chief of staff if he ends up being commission chair.
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"As the Senate considers Mr. Quintenz's [election](https://javseen.tv/users/MelanieTen/info/) to chair this important firm, it is important that the public totally comprehend the level of his [participation managing](https://supportvideos.aea3.net/@johnettebautis?page=about) a sector in which he has a [considerable financial](http://www.vasaordenll608.se/cropped-vasa-bild-1-jpg/?unapproved=27473&moderation-hash=df27487b596e1f31a19bee4ad760866d) interest," Titus composed. "I am worried that as Chair, he will not [support](https://www.garagesale.es/author/anitabecerr/) both his own and other laws and policies connected to conflicts of interest."
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Quintenz received President Donald Trump's election earlier this year, but there's been a hang-up in the Senate Agriculture Committee, which two times canceled his nomination vote over the last month. Quintenz served as CFTC chair in Trump's very first administration.
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Kalshi under fire
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Kalshi burst onto the scene throughout the 2024 U.S. Presidential Election and came under fire in numerous American states for using political and sports result agreements in all 50. Nevada, Maryland, and New Jersey, together with other jurisdictions, attempted to stop Kalshi from offering sports result markets that are similar and challenge those states' legal, controlled, and taxed sportsbooks.
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However, Kalshi resisted with several lawsuits. A Maryland judge ruled versus Kalshi's initial injunction motion recently, the trading platform's very first major obstacle.
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