Video & Transcript : 'CFTC' :

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AZ
AZ

Arizona 2026 Regular Session

01/13/2026 - Senate Regulatory Affairs & Government Efficiency Committee of Reference

Senate Regulatory Affairs & Government Efficiency Committee of Reference

Transcript Highlights:
  • As Madam Chair mentioned, they argued that they're regulated by the federal commission, the CFTC, but
  • Madam Chair mentioned, you know, they argued that they're regulated by the Federal Commission, the CFTC
Committee: Senate Senate Regulatory Affairs & Government Efficiency Committee of Reference
AZ
AZ

Arizona 2026 Regular Session

01/13/2026 - Senate Regulatory Affairs & Government Efficiency Committee of Reference

Senate Regulatory Affairs & Government Efficiency Committee of Reference

Transcript Highlights:
  • As Madam Chair mentioned, they argued that they're regulated by the federal commission, the CFTC, but
  • Madam Chair mentioned, you know, they argued that they're regulated by the Federal Commission, the CFTC
Committee: Senate Senate Regulatory Affairs & Government Efficiency Committee of Reference
Summary: The committee first heard the Arizona Auditor General’s 2025 sunset review of the Arizona Barbering and Cosmetology Board. The audit found the board generally processed licenses and complaints timely and had adopted required school curriculum rules, but it also identified inconsistent disciplinary actions, gaps in required infection-prevention and law education for some reciprocity and instructor applicants, weak application review controls, and noncompliance issues involving open meeting law, public records, and conflicts of interest. Auditors also recommended statutory changes on esthetics scope of practice, cease-and-desist authority, and eyelash technician training standards. The board’s executive director said the agency agreed with the findings, had already implemented some changes including updated disciplinary parameters, conflict-of-interest training, lawful presence verification, and revised cash-handling procedures, and was working through the remaining recommendations. After questions, the committee voted 7-0 to recommend the board implement the audit recommendations and be continued for six years, until July 1, 2032. The committee then took up the combined sunset review and performance audit of the Arizona Department of Gaming, the Arizona Racing Commission, and the Arizona Boxing and Mixed Martial Arts Commission. The Auditor General reported that while the department distributed tribal gaming funds and issued some licenses appropriately, it failed to consistently obtain and review required independent audit reports for event wagering and fantasy sports operators, did not fully comply with conflict-of-interest disclosure requirements, lacked comprehensive complaint-handling processes, and had delayed some compact trust fund distributions. Additional issues included IT security documentation, horse-racing suitability checks, fee-setting reviews, rulemaking, and public records procedures; the Boxing and MMA Commission also had licensing and fee-setting deficiencies. The department and commissions agreed to implement the recommendations, and the department director said the agency was already making changes, including updated guidance to operators, a new complaint-tracking process, conflict-of-interest training, and work on trust fund distributions and rule changes. Committee members pressed both the auditor and the department on why fantasy sports audit reviews had not been completed, whether underpayments would be recovered, and why no distributions had yet been made to certain Category 3 tribes under the 2021 compact trust fund. The director said the department was now doing a look-back review, would seek any owed fees, penalties, and interest, and was helping tribes resolve the baseline-revenue formula needed for distributions. Members also asked about conflict-of-interest practices, problem gambling, and whether prediction markets fall under gaming regulation. The discussion continued into the department’s broader presentation, with the director describing the agency’s regulatory role and ongoing modernization efforts.
WA
WA

Washington 2025-2026 Regular Session

House State Government & Tribal Relations Jan 16th, 2026 at 08:00 am

State Government & Tribal Relations

WA
WA

Washington 2025-2026 Regular Session

House State Government & Tribal Relations Jan 16th, 2026

Transcript Highlights:
  • bettors in other states can make wagers on in-state college teams and, as mentioned before, with this CFTC
Summary: The committee began in executive session with staff briefing several bills and proposed amendments. House Bill 2206, concerning uniformed and overseas civilian voting standards, was discussed but ultimately pulled from consideration for the day. House Bill 2123, dealing with foreign national donor reporting, was amended to raise the certification threshold to $6,000 and then advanced from committee on a 5-2 vote. House Bill 2120, which would remove two JLARC reporting requirements, also passed unanimously. House Bill 2411, authorizing shared leave for state employees involved in immigration enforcement actions or who are victims of hate crimes, was amended and then reported out on a 5-2 vote after debate over eligibility and privacy-related language. The committee then held hearings on House Bill 2309 and House Bill 2205. HB 2309 would bar state civil service classifications from requiring a postgraduate degree unless required by law, with the sponsor and OFM saying it would reduce barriers to state employment and expand the applicant pool. Testimony in support emphasized workforce access, equity, and skill-based hiring. HB 2205 would expand tribal sports wagering to allow bets placed at any tribal gaming facility and permit wagering on Washington college teams, while continuing to prohibit bets on individual Washington student-athlete performance. Tribal leaders and casino operators supported the bill as a way to bring existing illegal betting into a regulated tribal system and improve integrity monitoring, while the University of Washington and Washington State University opposed it, warning of harassment, student-athlete safety concerns, and broader gambling harms. A taxpayer advocacy witness urged broader online sports betting options, arguing that limiting access drives bettors to offshore markets. The hearing on HB 2205 was left open and HB 2309 testimony concluded without further action.
WY
WY

Wyoming 2026 Regular Session

House Appropriations Committee, February 12, 2026 PM 2

Appropriations

Transcript Highlights:
  • when you have situations such as a merger where there is a second regulatory body such as the SEC or CFTC
  • when you have situations such as a merger where there is a second regulatory body such as the SEC or CFTC
  • when you have situations such as a merger where there is a second regulatory body such as the SEC or CFTC
  • ><c> needs</c><02:32:55.280><c> to</c><02:32:55.520><c> have</c><02:32:55.600><c> a</c> the SEC or CFTC
  • that needs to have a the SEC or CFTC that needs to have a date<02:32:56.080><c> certain</c><02:32:57.040
Bills: HB0111 , HB0112 , HB0122
Committee: House Appropriations
NH
NH

New Hampshire 2025 Regular Session

Commission to Study Stable Tokens (12/10/2025)

Transcript Highlights:
  • disclosures specific to asset and operational elements, and delineates very clearly once and for all between CFTC
  • and for and delineates very clearly once and for all<00:43:05.359><c> between</c><00:43:05.839><c> CFTC
  • c> and</c><00:43:06.720><c> SEC</c><00:43:07.200><c> which</c><00:43:07.359><c> is</c> all between CFTC
  • and SEC which is all between CFTC and SEC which is important.<00:43:08.400><c> Um</c><00:43:09.119><
Summary: The commission met with a quorum, approved the agenda, and approved the November 12 minutes after a motion, second, and unanimous voice/online consent. The chair said the meeting would include two presentations—one from Noah Herman of Fortress Global and one from John Kicko and team from Hedera—followed by discussion of the commission’s next steps and public comment. The chair also noted he was still seeking a clerk for note-taking. Herman’s presentation focused on stablecoins, blockchain use cases, and operational considerations for states and other institutions. He described Fortress as an enterprise crypto-wallet and treasury platform serving corporates, governments, and nonprofits, and used examples such as Save the Children and a large global commodities firm to illustrate custody and treasury management on blockchain rails. He said stablecoins are designed to maintain a U.S. dollar peg, are increasingly backed by treasuries and subject to greater transparency, and are being adopted by major firms and payment companies because they can improve speed, reduce cost, and simplify payments. He also highlighted market growth, including claims that stablecoins now represent a significant share of on-chain activity and are a major holder of U.S. Treasuries. He identified custody as a key issue for state and institutional use, outlining qualified custody, managed custody, and self-custody models. He said the main practical challenge for the commodities client was moving funds safely and quickly across global time zones and that blockchain rails could solve problems that traditional banking rails could not. He framed the broader trend as one of accelerating institutional adoption, citing recent acquisitions and product launches by Visa, Stripe, Citi, and PayPal as evidence that stablecoin infrastructure is becoming mainstream.
OK
OK

Oklahoma 2026 Regular Session

Senate Legislative Session Feb 16th, 2026 at 01:30 pm

Oklahoma Senate Floor Meeting

WA
WA

Washington 2025-2026 Regular Session

Senate Business, Trade & Economic Development Jan 22nd, 2026 at 08:00 am

Business, Trade & Economic Development

WA
WA

Washington 2025-2026 Regular Session

Senate Business, Trade & Economic Development Jan 22nd, 2026

Transcript Highlights:
  • states can make wagers on in-state college teams here in Washington and with the current state of the CFTC
Summary: The committee first heard Senate Bill 6137 on sports wagering. Staff explained that the bill would allow wagering on collegiate events involving Washington colleges, but would continue to prohibit bets on the performance of individual college athletes. Tribal representatives from the Jamestown S’Klallam, Puyallup, and Kalispel tribes testified in support, saying the bill would keep wagering within the regulated tribal marketplace, protect integrity, and help smaller tribal casinos participate through a hub-and-spoke model. University of Washington and Washington State University representatives supported the ban on individual prop bets and emphasized student-athlete safety, while WSU also argued the bill would expand exposure to harassment and online abuse. No vote was taken. The committee then heard Senate Bill 6079, which would create the Strengthen Washington Homes wildfire mitigation grant program. Staff said the bill would fund grants for wildfire-hardening homes to IBHS standards, authorize pilot projects, and prohibit insurers from using wildfire risk to disqualify homes that meet the standards. Insurance Commissioner Patty Kuder and Senator Marcus Riccelli supported the bill, arguing that wildfire losses and non-renewals are increasing and that upfront mitigation is cheaper than recovery. Local officials and advocates from Medical Lake, Washington Realtors, and climate and wildfire groups also supported the measure. Insurance industry representatives supported the mitigation goals but objected to the bill’s requirement that insurers provide coverage based on IBHS designation and to using the commissioner’s regulatory account as a funding source, saying underwriting still needs to consider broader risk factors. No action was taken. The committee next held a work session and public hearing on Senate Bill 6061, which would create a tourism self-supported assessment program. State of Washington Tourism, the Washington Wine Commission, the Washington Hospitality Association, the Brewers Guild, the Port of Seattle, and rural economic development representatives said the state’s tourism program is underfunded and that an industry-led assessment could provide a stable, competitive funding source. They said the model would be governed by a ratepayer oversight board, subject to ratification, and could generate significant visitor spending and tax revenue over time. Some testimony raised concerns about the scope of eligible businesses and the bill’s references to other industries, but supporters said friendly amendments would refine those details. The committee then heard Senate Bill 5844 on self-storage rental agreements, which would allow electronic agreements, clarify acceptance by continued occupancy, and create a uniform process for termination or nonrenewal for nonpayment or nonmonetary defaults. Self-storage operators supported the bill as a modernization measure that would improve safety and consistency, and no vote was taken on any of the bills heard.
WA
WA

Washington 2025-2026 Regular Session

House Consumer Protection & Business Dec 5th, 2025 at 08:00 am

Consumer Protection & Business

Transcript Highlights:
  • I could add that there are a lot of work groups out there, including one led by the CFTC, but the SEC
Committee: House Consumer Protection & Business
Summary: The committee began with a work session on the Joint Legislative Audit and Review Committee’s cannabis market study, presented by Susanna Pratt. JLARC found that Washington produced roughly two to three times more cannabis than retailers sold in 2023, and that incomplete, unreliable traceability data limits the Liquor and Cannabis Board’s ability to regulate, verify taxes, and track diversion. The presentation also reviewed canopy estimates, market conditions since legalization, and the social equity program. JLARC recommended that LCB submit a plan by the end of 2025 for obtaining accurate licensee data by the end of 2026; LCB partially concurred and said a 2027 implementation timeline was more realistic. JLARC also recommended the legislature consider broader ways to increase equity beyond new producer licenses, noting that 10 new producer licenses would likely have only a minimal effect on overall production capacity. Members asked about social equity licensing delays and about whether Washington could look to other states’ traceability systems, including Biotrack and Metric, for model practices. The committee then heard a series of presentations on financial fraud and scam prevention. Paul Benda of the American Bankers Association described the scale of fraud losses, the role of telecom spoofing, social media scams, SIM farms, and crypto ATMs, and argued for a shared-responsibility approach involving banks, telecoms, social media companies, and regulators. He noted that Australia’s whole-of-government anti-scam model has reduced losses and said Washington could look to other states for model legislation, including crypto ATM restrictions and telecom accountability measures. Katie Clark of IQ Credit Union described member-to-member fraud, romance scams, and the emotional and financial harm to victims, emphasizing the need for education, information sharing, law enforcement partnerships, and stronger protections around scam-related transfers. She also highlighted the role of high school financial education and the challenges posed by authorized peer-to-peer transfers and crypto ATMs. Kyle Innes of SIFMA focused on investor scams, especially “pig butchering” and other crypto-related relationship scams, and said Washington’s 2009 report-and-hold law for vulnerable adults helped shape similar laws in most other states. He stressed that fraud has become more professionalized and international, and that better coordination among adult protective services, law enforcement, and financial firms is needed. Brian Gerard and Ali Higgs of the Department of Financial Institutions then described pig-butchering scams in more detail, including fake profiles, fake trading platforms, and escalating demands for more money, and said recovery is difficult because funds move quickly through crypto channels. They pointed to DFI’s investment tracker and other consumer education efforts as tools to warn the public and disrupt scams.
WA
WA

Washington 2025-2026 Regular Session

House Consumer Protection & Business Dec 5th, 2025

Transcript Highlights:
  • I could add that there are a lot of work groups out there, including one led by the CFTC, but the SEC
Summary: The committee began with a work session on the Joint Legislative Audit and Review Committee’s cannabis market study, presented by JLARC staff member Susanna Pratt. The report found Washington’s cannabis production in 2023 was likely two to three times higher than retail sales, with production estimated at 292,000 to 443,000 pounds of THC versus 139,000 pounds sold. Pratt explained that canopy data are inconsistent and that the Liquor and Cannabis Board’s traceability system is incomplete and unreliable, limiting data-driven regulation, tax verification, recall tracking, and diversion enforcement. JLARC recommended that LCB submit a plan by the end of 2025 for obtaining accurate licensee data by the end of 2026; LCB partially concurred and said a 2027 timeline may be more realistic. JLARC also concluded that the social equity producer licenses would likely have only a minimal effect on statewide production capacity, and suggested the legislature consider broader ways to increase equity in the industry. Members asked about the slow issuance of social equity licenses and about comparable traceability systems in other states. The committee then heard a series of presentations on fraud and scam prevention. Paul Benda of the American Bankers Association described the scale of fraud losses, the role of telecom spoofing, social media scam ads, SIM farms, and crypto ATMs, and argued for a shared-responsibility approach involving banks, telecoms, and platforms. Katie Clark of IQ Credit Union described member-to-member fraud, romance scams, and the operational and financial impacts on credit unions, and recommended better information sharing, safe harbors for returning scam-related funds, and stronger fraud education. Kyle Innes of SIFMA highlighted investor fraud and Washington’s 2009 report-and-hold law, which he said helped shape similar protections in most states, and emphasized the need for better communication among financial firms, APS, and law enforcement. Brian Gerard and Ali Higgs from the Department of Financial Institutions discussed “pig butchering” and other investment scams, focusing on how scammers build trust through social media, dating apps, fake websites, and crypto schemes before extracting funds. Across the fraud presentations, witnesses repeatedly stressed consumer education, interagency information sharing, and stronger controls on telecom, social media, and crypto ATM activity. Members asked about model laws from other states, the role of financial education in schools, and whether crypto ATMs should be regulated or banned. No votes or formal committee actions were taken during the meeting.
WY
WY

Wyoming 2026 Regular Session

Select Committee on Gaming, May 14, 2026 - AM

Select Committee on Gaming

Transcript Highlights:
  • Event contracts are regulated at the federal level by the Commodity Futures Trading Commission, or the CFTC
  • Event contracts are regulated at the federal level by the Commodity Futures Trading Commission, or the CFTC
  • Thank you for your report. futures trading commission or the CFTC. futures trading commission or the
  • CFTC. because<03:08:20.640><c> they're</c><03:08:20.880><c> regulated</c><03:08:21.600><c> by</c><03:
Committee: Joint Select Committee on Gaming
AZ
AZ

Arizona 2026 Regular Session

01/21/2026 - House Appropriations

House Appropriations Committee of Reference

Transcript Highlights:
  • prediction markets they think are carving into their revenues, and prediction markets approved by the CFTC
Committee: House House Appropriations Committee of Reference
Summary: The Committee of Appropriations met on January 21, 2026, and first considered House Bill 2116, which would appropriate $1 million in fiscal year 2027 to the Colorado River Litigation Fund. The sponsor and Arizona Department of Water Resources both supported the bill, describing it as a backup measure to protect Arizona’s Colorado River entitlements if post-2026 negotiations among the basin states fail. Members discussed how the bill relates to the governor’s separate Colorado River Protection Fund proposal, and staff clarified the two funds serve different purposes. The committee approved HB 2116 on a 17-1 roll call vote. The committee then took up House Bill 2053, which would provide $100,000 for updated stormwater recharge mapping and expand the work beyond state trust lands to private lands. An amendment in the chair’s name was adopted to extend the coordination timeline, broaden the agencies involved, and revise language about mapped sites and appropriable surface water. The sponsor said the bill is intended to identify more places to capture stormwater for recharge rather than letting most rainfall evaporate. ADWR testified neutrally, supporting the mapping effort but raising a concern about language that could be read as requiring the department to determine whether water is appropriable, which it said is a legal question for the courts. The amended bill passed 11-7. House Bill 2148, as amended, was then heard and approved 11-7. The bill would give the legislature authority to appropriate non-custodial federal monies and set requirements for those appropriations. The chair’s amendment excluded federal research grants to universities, university employees, and the Arizona Board of Regents. The sponsor framed the bill as a transparency measure, saying the legislature should know how federal funds are being spent. No outside testimony was offered, and the committee approved the measure after debate about legislative oversight of federal funds. After the bills, the committee received a lengthy JLBC presentation comparing the executive budget with the JLBC baseline. Discussion focused on revenue forecasts, tax conformity, sports betting, lottery and tourism revenue assumptions, SNAP administrative costs and error-rate penalties, developmental disability and Access caseload growth, and K-12 enrollment and ESA spending. Members repeatedly questioned the executive budget’s use of one-time funding for ongoing costs, especially for SNAP administration and DES staffing, and expressed concern about rising supplemental needs and the lack of long-term budget capacity. No votes were taken on the presentation.
AZ
AZ

Arizona 2026 Regular Session

01/21/2026 - House Appropriations

Appropriations

TX
TX

Texas 89th Regular

Senate Committee on Business and Commerce Jun 24th, 2026

Business & Commerce

Transcript Highlights:
  • And so something like a Bitcoin and blockchain transactions are likely regulated by the CFTC, so come
  • up and fall under commodities due to the derivative...” “...the CFTC and fall under commodities due
Committee: Senate Business & Commerce
MN
MN

Minnesota 2025-2026 Regular Session

House Floor Session 5/12/26 - Part 3

Minnesota House Floor Meeting

Transcript Highlights:
  • cost the state who knows how much in legal fees for no actual gain because these are regulated by the CFTC
  • ><02:14:33.440><c> regulated</c><02:14:33.920><c> by</c><02:14:34.079><c> the</c><02:14:34.239><c> CFTC
  • ,</c><02:14:35.440><c> not</c><02:14:35.679><c> the</c> these are regulated by the CFTC, not the these
  • are regulated by the CFTC, not the state. state. state.
LA
LA

Louisiana 2026 Regular Session

Commerce Apr 21st, 2026

Commerce, Consumer Protection, and International Affairs

Transcript Highlights:
  • We recently bought a CFTC-registered derivatives company, NinjaTrader, for $1.5 billion last year.
Committee: House Commerce, Consumer Protection, and International Affairs
Summary: The committee first heard House Bill 267, which would change the membership rules for the Louisiana State Board of Home Inspectors by adjusting appointment qualifications, term limits, and nomination procedures. Vice Chair Thomas explained the bill was meant to address the lack of nominations from existing entities and to allow the governor more flexibility, especially in smaller districts. After adopting a technical amendment, the committee reported HB 267 favorably. The committee then considered House Bill 478 on utility overcharge reimbursements. The bill, as amended, requires utilities to clearly label reimbursements on customer bills and sets a deadline for issuing refunds. After discussion with the Public Service Commission and utility representatives, the committee changed the reimbursement timeline from 45 days to 90 days and clarified that the bill would not interfere with larger settlement or regulatory credits. HB 478 was then reported favorably as amended. The longest discussion centered on House Bill 924, a consumer protection measure aimed at contractors who solicit residential property owners after declared disasters. The author said the bill was intended to curb predatory storm-chasing and fraudulent insurance-related practices, while still allowing emergency mitigation work. The committee adopted technical amendments and then a conceptual amendment shortening the catastrophe response period from six months to 30 days. Testimony was split: the Insurance Commissioner and some roofing industry witnesses supported the bill as a way to deter fraud, while other contractors argued it would hurt small businesses, limit legitimate door-to-door work, and not solve enforcement problems. The bill remained under consideration after extensive testimony and public comment.
LA
LA

Louisiana 2026 Regular Session

Commerce Apr 21st, 2026

Commerce

MN
MN

Minnesota 2025-2026 Regular Session

Senate Floor Session - 04/30/26

Minnesota Senate Floor Meeting

Transcript Highlights:
  • trading, if we can stop that illegal activity until we can get this regulated properly, until the CFTC
  • trading, if we can stop that illegal activity until we can get this regulated properly, until the CFTC
  • This is clarifying our law, and it fits in very well with CFTC regulations that prohibit active betting
  • This is clarifying our law, and it fits in very well with CFTC regulations that prohibit active betting
US
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Thursday, June 4, 2026)

US Federal House Floor Meeting

Transcript Highlights:
  • evaluation of this legislation will conclude that it balances the funding needs of the USDA, FDA, and CFTC
  • /c><02:25:56.000><c> USDA,</c><02:25:57.200><c> FDA,</c><02:25:57.840><c> and</c><02:25:58.160><c> CFTC
  • </c><02:25:59.520><c> while</c> needs of the USDA, FDA, and CFTC while needs of the USDA, FDA, and CFTC
Bills: HB2913 , HR518 , HB8646 , HR1336 , HCR84
Keywords: Ukraine, support, foreign affairs, military aid, international relations, agriculture, funding, food safety, nutrition, pest management, House resolution, procedural resolution, Rules Committee, Rule XIII, clause 6(a), waiver, supermajority, same-day consideration, reconciliation, budget reconciliation