Influence

Trump's CFTC Is Suing States for Kalshi and Polymarket, Backed by Trump Jr.

By David Moore,

Published on Sep 28, 2026   —   8 min read

lobbyingTechKalshiPolymarketDonald Trump Jr.CFTCregulations
The app for Kalshi, an online prediction market site, on Feb. 25, 2026. (Photo illustration by Scott Olson / Getty Images)

Summary

The prediction market companies have been loading up on revolving-door lobbyists from both the Democratic and Republican sides, while ramping up their influence spending amid legal battles with state gambling regulators.

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