On July 21, the Senate Agriculture Committee’s scheduled vote to confirm Brian Quintenz — a financial manager and former commissioner of the Commodity Futures Trading Commission — as the commission’s new chair, was postponed. On Monday, another committee vote on Quintenz was postponed.

Officially, the delays were due to lack of a quorum and White House concerns. But unofficially, insiders speculated that they were due to growing opposition to Quintenz, who is also a board member of Kalshi, a gambling company promoting future 24/7 games of chance on anything, anywhere.

By the end of July, insiders noted that the opposition to Quintenz was still growing both within the Senate Agriculture Committee and throughout the U.S. Senate. Withdrawing the Quintenz nomination appeared to be an option gaining support.

Since 2024, Kalshi has won several prime legal cases which arguably permit all types of 24/7 gambling everywhere on anything under the guise of legal events contracts.

Kalshi-type gambling was sanctioned by the CFTC on May 5 when the commission unexpectedly dropped its case by filing a three-page surrender to Kalshi in the D.C. Circuit Court of Appeals. Accordingly, predictions markets can now gamble on elections, climate change and any “future event” such as sports events.

Allegedly bypassing all state and federal gambling regulations throughout the 50 states, Kalshi and its events contracts are still

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