One of the most influential people standing in the way of wider-spread wagering on U.S. elections is about to step aside, perhaps opening the door to even more political betting and products that look a lot like sports gambling.
U.S. Commodity Futures Trading Commission Chairman Rostin Behnam announced on Tuesday that he will be leaving the job on Jan. 20, the same day Donald Trump will again be inaugurated as president.
Behnam was appointed to his role full-time by Democratic President Joe Biden, who is soon to leave the White House.
“As Chairman, I led the agency with a focus on identifying, assessing, and addressing risks within our regulated markets,” Behnam said in a statement.
