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"What’s happening at the C.F.T.C. looks like a classic case of what economists refer to as regulatory capture, where vested interests effectively seize control of a government agency, which then advances their interests." www.newyorker.com/news/the-fin...
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The power struggle over regulating crypto and prediction markets offers a window into how the President enriches his family and his wealthy supporters.
www.newyorker.com
Why Donald Trump Cares About Prediction Markets
John Cassidy