As crypto and prediction markets expand, their regulator shrinks
Page 1/19

By Luke Garrett

Thursday, October 8, 2026 • 5:00 AM EDT

Heard on All Things Considered
Trump-era staff reductions have significantly hampered enforcement at the Commodity Futures Trading Commission and its ability to regulate burgeoning new prediction and cryptocurrency markets, where hundreds of billions are traded each week.

By the end of 2025, the CFTC had 21% fewer staff on its payroll when compared to the previous 10-year average, according to U.S. Office of Personnel Management data. Between January 2024 and January 2025 alone, staffing dropped 22%. And the number of CFTC enforcement actions dropped even further.

Next
Back to headlines
News menu
Home